A-share evening hot topic | Ministry of Human Resources and Social Security speaks out, involving delayed retirement.

The following is the text of the evening newspaper: 1. China Securities Regulatory Commission (CSRC) issues important announcements related to merger and acquisition restructuring and market value management. According to the CSRC on September 24th, mergers and acquisitions are important market tools to support economic transformation and achieve high-quality development. The new "National Nine Regulations" make important deployments in the active mergers and acquisitions market. To further stimulate the vitality of the mergers and acquisitions market, the CSRC has formulated the "Opinions on Deepening the Reform of the Mergers and Acquisitions Market of Listed Companies" based on extensive research, adhering to the direction of marketization, and better playing the main role of the capital market in corporate mergers and acquisitions. In addition, to implement the "Opinions of the State Council on Strengthening Supervision and Preventing Risks to Promote the High-Quality Development of the Capital Market," and further guide listed companies to focus on their own investment value and effectively enhance investor returns, the CSRC has drafted the "Guidelines for the Supervision of Listed Companies No. 10 - Market Value Management (Draft for Comments)" and solicited public opinions. 2. Ministry of Human Resources and Social Security releases important information related to pensions. On September 24th, the State Council Information Office held a series of themed press conferences on "promoting high-quality development," during which officials from the Ministry of Human Resources and Social Security responded to hot topics such as delayed retirement, individual pensions, and employment. Key points include research on policy measures to expand the coverage of the pension system nationwide, implementing measures to relax the household registration restrictions for flexible employment personnel, perfecting policies for implementing progressive retirement age adjustments, and establishing specific methods for flexible retirement based on voluntary and flexibility principles. 3. Latest documents from the General Office and the State Council stress the importance of protecting arable land. Food security is of paramount importance, and arable land is the foundation of food production. The issue of "non-agriculturalization" and "non-foodization" of arable land remains prominent, and the protection of arable land is still severe and the task is more arduous. In order to strengthen arable land protection, improve arable land quality, and balance occupation and compensation, the Central Committee of the Party and the State Council have agreed to put forward seven major opinions. The main goal is to implement the protection tasks of arable land and permanent basic farmland stipulated in the new round of national spatial planning, with the national arable land reserve not less than 1.865 billion mu, and the area of permanent basic farmland not less than 1.546 billion mu, gradually turning permanent basic farmland into modernized good fields suitable for farming, drought and flood resistance, high yield and stability; the responsibility for arable land protection is comprehensively enforced, the arable land quality management mechanism is sound, the balance between occupation and compensation of arable land is strictly regulated, all types of subjects actively participate in protecting arable land and promote grain production, and all types of arable land resources are effectively utilized to support further enhancement of China's grain production and supply capacity, laying a solid foundation for ensuring national food security and building a strong agricultural country. 4. Ministry of Commerce: Initiates investigation into PVH Group from the United States for inclusion in unreliable entity list. The Ministry of Commerce announced that, based on relevant provisions of the Regulations on the Unreliable Entity List, and according to suggestions and reports from relevant organizations, it has decided to initiate an investigation into the United States PVH Group for suspected violations of normal market transaction principles related to Xinjiang products, interrupting normal transactions with Chinese enterprises, organizations, or individuals, and taking discriminatory measures. 5. Bullish options surge across the board; Institutions: Beware of participating in "doomsday cycle." On September 24th, a series of important information was released at the State Council Information Office press conference, with all three major stock indices in A-shares collectively soaring and bullish options surging across the board, marking a historic market trend. By the close of trading, there were a total of four contracts with gains exceeding a hundredfold. Among them, the 50ETF option purchase contract for September 2400 closed up 239 times, the Shanghai-Shenzhen 300ETF purchase contract for September 3400 closed up 164 times, and the Shenzhen Stock Exchange's Shanghai-Shenzhen 300ETF purchase contracts for September 3453A and 3500 each saw gains exceeding a hundredfold, rising by 145 times and 118 times, respectively. However, some institutional experts pointed out that options are fundamentally financial derivative instruments for managing spot risks, rather than speculative leverage tools. If a strategy of buying the most deeply out-of-the-money option daily is adopted, the probability of loss is almost 100%. Therefore, do not follow the trend, avoid chasing highs and lows, conduct option trading on the basis of rational judgment, and do not let the sky-high increases cloud your judgment. 6. Huawei hosts autumn full-scene new product launch event; Countdown to official public testing of native HarmonyOS. On September 24th, at the autumn full-scene new product launch event, Huawei's Executive Director, Chairman of the Terminal BG, and Chairman of the Intelligent Car Solutions BU, Yu Chengdong, revealed that Huawei's native HarmonyOS (HarmonyOS NEXT) will officially start public testing on October 8, with the first batch of test models including the Huawei Mate 60 series, Mate X5 series, and MatePad Pro 13.2 series. In addition, there was also progress in Huawei's HarmonyOS Smart Travel sector. Yu Chengdong announced that the first coupe SUV of HarmonyOS Smart Travel and the second car from Huawei's collaboration with Chery Auto, the Smart World R7, has been officially launched. The car opened reservations during the Chengdu Auto Show in August this year. At this launch event, Huawei also released new wearable devices, routers, smart screens, and more, indicating Huawei's confidence in these areas. 7. New policies on housing loans for existing homes are expected to be introduced, and real estate developers and intermediaries are busy. "The National Day holiday plans have been temporarily adjusted, and new marketing plans are being developed in these days to push for the busy season in October." With the announcement of reduced interest rates on existing home loans and unified minimum down payment ratios for housing loans, a marketing head of a private real estate enterprise in Shenzhen appeared very excited. "The sales performance during the Mid-Autumn Festival holiday was average, this time we really need to make a breakthrough!" "Hurry up and draft various WeChat messages to send to our clients, informing them of this good news." In a real estate agency in Luohu, Shenzhen, all property managers are "busy." "Just this morning, I received over a dozen calls from clients I usually contact, and they are all inquiring about the relevant policies.""Some details need to be addressed, especially for some improvement-oriented customers. During the recent Mid-Autumn Festival holiday, the market transaction volume did not meet expectations, and buyers still have many concerns. The market still needs more policy support for the 'Golden September, Silver October' period." said a real estate agency manager.In addition, the following news is also worth paying attention to: 8. Hunan will hold a province-wide teleconference on market value management for listed companies to promote the high-quality development of listed companies. 9. "Price war" dragging down distributors, informed sources: distribution association report will be submitted to more ministries. 10. Sun Yuning, member of the Party Committee and Deputy Director of the General Administration of Customs, is under investigation by the Central Commission for Discipline Inspection. --- 1. US stocks show mixed movements, popular Chinese concept stocks generally rise US stocks show mixed movements, as of 22:00, the Dow Jones index rose by 0.06%, the Nasdaq index rose by 0.04%, and the S&P 500 index fell by 0.07%. In terms of individual stocks, popular Chinese concept stocks rose significantly, with Bilibili up over 11%, Nio and JD.com up over 9%, Pinduoduo up over 6%, and Alibaba up over 5%; UBS rose over 1%, boosted by comments from the CEO on savings; Visa fell more than 4%, as the US Department of Justice is preparing to file an antitrust lawsuit against payment giant Visa. 2. The Australian Reserve Bank keeps rates unchanged for the seventh consecutive time Despite the significant rate cut by the Federal Reserve last week, the Australian Reserve Bank kept rates unchanged for the seventh consecutive time due to inflation risks. On Tuesday, the Reserve Bank of Australia announced its latest rate decision, maintaining the key rate at 4.35%, in line with market expectations. Since May 2022, the Australian Reserve Bank has raised rates by 425 basis points, with the last rate hike in November last year, marking the seventh consecutive time the bank has kept policy rates at a high level in twelve years. The monetary policy statement noted that although inflation in Australia has fallen significantly since its peak in 2022, it still remains above the upper limit of the target range. 3. Bank of Japan Governor emphasizes no rush to raise rates Bank of Japan Governor Haruhiko Kuroda emphasized on Tuesday that the Bank of Japan will again raise its benchmark interest rate if data allows, but the authorities are not in a rush to do so now. Kuroda's comments imply that the Bank of Japan is unlikely to take policy action at its next meeting. Kuroda stated in a speech in Osaka on Tuesday, "When making policy decisions, the Bank of Japan needs to carefully assess developments in domestic and international financial and capital markets, as well as the overseas economic situation behind these developments. We have enough time to do so." --- Additional sectors worth paying attention to: 2. Low-altitude economy | New low-altitude passenger-carrying route in the Yangtze River Delta undergoing trial flights, only taking 20 minutes from Shanghai Pudong to Jinshan. In terms of positive announcements, investors are advised to pay attention to China Energy Engineering Corporation winning the construction project bid. On the negative side, Datang Telecom Technology, which has risen for six consecutive days, poses a risk of a downturn. Positive announcements: 1. China Energy Engineering Corporation: Subsidiary jointly won a 15.96 billion yuan reclamation project survey design and construction total contract project 2. Hefei Urban Construction Development: Planning to issue shares to purchase 100% equity of Xing Tai Group held by the transaction group, trading of shares will resume tomorrow 3. Shenzhen Yitoa Intelligent Control: Proposed repurchase of shares worth 10-20 million yuan 4. Ningbo Sinyuan Zm Technology: Customer project designated for an estimated sales of 170 million over three years 5. Zhejiang Communications Technology: Subsidiary jointly pre-won a 19.73 billion yuan expressway expansion project 6. Xi'an Qujiang Cultural Tourism: Judicial disposal of part of the controlling shareholder's shares terminated Negative announcements: 1. Datang Telecom Technology, rising for six consecutive days: Significant risk of a downturn after significant short-term gains 2. Hainan Shuangcheng Pharmaceuticals, rising for eight consecutive days: Planning major asset restructuring 3. Shandong Yabo Technology, rising for two consecutive days: Controlling shareholder increased holdings of company shares 4. SEC Electric Machinery, rising for two consecutive days: Latest rolling price-to-earnings ratio at 347.13, significantly higher than the industry average 5. Penyao Environmental Protection: Company and related personnel received a warning letter from Jiangsu Securities Regulatory Bureau 6. Hynar Water Group: Shareholder Li Qin and its concerted action parties plan to reduce their shareholding by no more than 2% This article is compiled from "Tencent Self-Selected Stocks", GMTEight Editor: Xu Ran."Je suis dsol, je dois partir maintenant." "I'm sorry, I have to leave now."Puedes ayudarme con esto, por favor?