Evening hot topics in A shares: Alibaba lays out smart driving, Ning Wang's financing balance soared.

1. MIIT seeks opinions on intelligent connected vehicles' assisted driving standards Importance: On September 17th, the Ministry of Industry and Information Technology (MIIT) released the mandatory national standard for "Safety Requirements of Combination Driving Assistance Systems for Intelligent Connected Vehicles" to solicit opinions from the public. Experts believe that this will once again establish a solid safety baseline for the development of China's intelligent connected vehicle industry. The draft solicitation released this time constructs a safety baseline for intelligent connected vehicle products, requiring that systems can only be activated under their designed operating conditions. It sets comprehensive safety technical requirements for human-machine interaction, functional safety, expected functional safety, information security, data recording, and more for different functions such as single-lane, multi-lane, and convoy assist, establishing a "triple safety guarantee." 2. Detailed explanation of the latest policy measures on service consumption! Multiple departments speak out Importance: At a press conference held by the State Council Information Office on September 17, officials from the Ministry of Commerce, the National Development and Reform Commission, the Ministry of Culture and Tourism, and the People's Bank of China introduced the main contents and highlights of the "Several Policy Measures to Expand Service Consumption" and revealed the next policy direction. Kong Dejun, Director of the Service Trade Division of the Ministry of Commerce, stated that upcoming policies will include a series of policy documents on the high-quality development of the accommodation industry, integration of railways and tourism, forming a policy "combination." Preliminary statistics show that around 30 policy documents have been issued by relevant departments around establishing a "1+N" policy system for service consumption. Wu Yuetao, Director of the Employment, Income Distribution, and Consumption Division of the National Development and Reform Commission, mentioned the deepened implementation of the "AI+" action to accelerate the application of artificial intelligence in service consumption and empower service enterprises of all sizes to improve service supply quality and capacity. 3. Alibaba makes a new move, focusing on intelligent driving Importance: On September 17th, Cainiao announced that its Robotaxi business has received strategic investment from Alibaba Group. Cainiao stated that this investment signifies a deepening collaboration between Cainiao and Alibaba Group in the field of large-scale intelligent driving models, computing power platforms, and Robotaxi to jointly accelerate the business and scale-up process of the Robotaxi industry. 4. Goldman Sachs Market Department: Some signs indicate that the sharp rise in Hong Kong stocks on the 17th was driven by foreign investment Importance: Goldman Sachs Market Department: Despite southbound funds still net buying $1.2 billion, the fund flow shows that leading stocks like Baidu (non-Hong Kong stocks) received substantial inflows. There are signs that most buying activity on September 17th came from foreign investors, with southbound trading accounting for less than 25% of the daily turnover. 5. Ministry of Finance: Stamp tax revenue from securities trading increased by 81.7% year-on-year in January-August Importance: According to the official website of the Ministry of Finance, national general public budget revenue reached 14.8198 trillion yuan from January to August, a year-on-year increase of 0.3%. Among this, national tax revenue was 12.1085 trillion yuan, a slight increase of 0.02% year-on-year; non-tax revenue was 2.7113 trillion yuan, an increase of 1.5% year-on-year. Stamp tax revenue from securities trading was 118.7 billion yuan, an 81.7% increase year-on-year. 6. Trump extends TikTok ban enforcement again, Ministry of Foreign Affairs responds Importance: At the regular press conference on September 17th, there were questions from the media regarding the extension of the TikTok ban enforcement grace period by US President Trump, and expectations of communication between the leaders of China and the US. In response, Chinese Foreign Ministry spokesperson Lin Jian emphasized the irreplaceable strategic leadership role of head-of-state diplomacy in China-US relations. Regarding the specific questions mentioned, I currently do not have any information to provide. 7. Ning Wang's financing balance surges 60% in a month, these sectors are also getting swept up Contemporary Amperex Technology's financing balance has grown by over 60% in the past month, recording its highest level since going public on September 15th. Recently, the power equipment sector has remained hot, with a daily average turnover of 303.8 billion yuan in the sector as of the close on September 17th, which is 2.3 times the daily average turnover in the sector of 130 billion yuan this year. Among the nearly 400 power equipment stocks in the market, 37 stocks have set new historical highs in turnover in the past two weeks, accounting for nearly one-tenth of the total. Among them, Zhongshan Broad-ocean Motor, Wetown Electric Group, Shenzhen Highpower Technology set their highest turnover records since going public on the same day. 1. US stock market's three major indexes show mixed movements, with Baidu rising nearly 8% As of 22:00, the Dow rose by 0.66%, the Nasdaq fell by 0.36%, and the S&P 500 fell by 0.03%. On the market, popular Chinese concept stocks collectively strengthened, with Baidu rising by nearly 8%, Alibaba rising by over 2%, and the unveiling of a new AI chip; NIO rose by over 3% to reach a new high since early October last year, with Deutsche Bank reporting that ES8 small-order orders have reached about 100,000; chip stocks declined, with NVIDIA falling by over 2% and ASML falling by nearly 1%. 2. Indonesia unexpectedly cuts interest rates by 25 basis points On September 17th, the Indonesian central bank unexpectedly cut interest rates once again and stated that it would seek further room for rate cuts. Despite the recent depreciation of the Indonesian rupiah, the central bank chose to boost the economy. Earlier, nationwide protests against layoffs had escalated into violent incidents. The central bank reduced the benchmark interest rate (BI-Rate) to 4.75% on Wednesday, a move predicted by only 2 out of 38 economists. Policymakers have relaxed monetary policy in three consecutive meetings, with a total of 150 basis points in rate cuts over the past 12 months. 3. EU announces sanctions against Israel On September 17th, the EU's High Representative for Foreign Affairs and Security Policy announced a series of sanctions against Israel. The previous day, on September 16th, the High Representative stated that Israel's ground attack on Gaza would exacerbate an already dire situation. The European Commission was set to propose measures on September 17th to pressure the Israeli government to change its stance on the Gaza conflict. The measures would include suspending trade preferences, imposing sanctions on extremist ministers, and violent settlers, clearly indicating that the EU is demanding an end to the war. Selected stocks: 1. CCTV News: China's laser radar market size is expected to exceed 24 billion yuan by 2025 According to CCTV News, due to strong market demand from Siasun Robot & Automation this year, orders for laser radar companies have increased significantly. At a production base of a laser radar company in Shenzhen, workers were seen busy everywhere. The business manager told reporters that the domestic sales revenue increased by nearly 100% year-on-year compared to last year. Orders for another laser radar company in Shenzhen are already lined up until the end of the year. Data shows that China's laser radar market size is expected to reach 240.7 billion yuan by 2025 and further increase to 431.8 billion yuan by 2026. Dongguan Securities pointed out that laser radars have transformed from "noble sensors" into "10 thousand-level standard equipment," with Chinese manufacturers leading the world in scale, cost, and production pace. The industry is entering a golden period of "quantity and price increase." As costs continue to decline, it is expected that the penetration rate and shipment volume will continue to increase. In addition, as the penetration rate of NOA gradually rises, the penetration rate of Robotaxi, the mandatory installation of AEB, and the gradual improvement of automatic driving policies and commercial support are all favorable for the future demand explosion of laser radar, with shipments expected to further increase. It is recommended to pay attention to related upstream companies: Hangzhou GreatStar Industrial, Ningbo Yong Xin Optics, DongGuan YuTong Optical Technology. In addition, the following sectors are also worth paying attention to: 2. Siasun Robot & Automation: The world's first! Zhiyuan Lingxi X2 Siasun Robot & Automation completes a difficult Webster somersault. 3. Mergers and Acquisitions: Henan Province: Promote the market-oriented mergers and restructuring of listed companies and industrial integration, strive to put 5 billion yuan into stock repurchases, and increase investment again in 2025. 4. Liquid Cooling: Huawei Director Yang Chaobin: Liquid-cooled data centers are becoming the inevitable choice for AI data centers. 5. Consumption: National county commercial consumption season activity begins. In summary, positive announcements worth paying attention to include Maiwei Biology signing an exclusive license agreement with Kalexo for up to $1 billion in upfront and milestone payments; negative announcements to watch out for include Guangzhou Haozhi Industrial being reduced in holdings by up to 290,000 shares by the company's directors.