A-share evening hotspots | Ministry of Commerce deployment! Introducing new stable foreign trade policies in a timely manner.

1. The Ministry of Industry and Information Technology launches a special action, computing power welcomes another boost Importance: According to the Ministry of Industry and Information Technology's website on the 16th, the General Office of the Ministry of Industry and Information Technology issued a notice regarding the launch of the special action "Millisecond Use of Computing Power" in urban areas. The notice mentioned that by 2027, the coverage rate of urban computing power with a delay of 1 millisecond should not be less than 70%. Specifically, in terms of overall thinking and objectives, the notice mentioned focusing on the development of computing power networks, building high-speed, large-capacity, low-latency, ubiquitous urban networks, providing millisecond-level computing power resource network access capabilities within urban areas, that is, achieving millisecond interconnection of computing centers directed towards infrastructure (<1 millisecond), achieving millisecond access to computing resources directed towards key locations (<1 millisecond), and achieving millisecond access to computing applications for end devices (network latency <10 milliseconds). 2. Ministry of Commerce: Strengthen policy reserves further and timely introduce new stable foreign trade policies Importance: Ministry of Commerce spokesperson He Yongqian stated that the Ministry of Commerce will further strengthen policy reserves and introduce new stable foreign trade policies in a timely manner. In terms of releasing policy effectiveness, it is necessary to further implement the various policy measures already introduced in the field of foreign trade, increase services and support for foreign trade enterprises in finance, employment, and facilitation, carry out policy promotion and interpretation, promote direct access to enterprise policies for fast enjoyment, further strengthen policy reserves, and introduce new stable foreign trade policies at the appropriate time. 3. The US intends to extend the suspension of tariffs on China in exchange for China delaying the implementation of rare earths export controls, Ministry of Foreign Affairs responds Importance: On October 16th, Ministry of Foreign Affairs spokesperson Lin Jian presided over a regular press conference. A reporter from Al Arabiya TV asked about U.S. Treasury Secretary Bezent's implication that the US may extend the suspension of tariffs on Chinese goods in exchange for China delaying the implementation of rare earth export control plans, and stated that US President Trump is prepared to meet with Chinese leaders in the near future. What is China's comment on this? In response, Lin Jian stated: "We have repeatedly clarified our stance on rare earth export controls and Sino-US economic and trade issues." 4. TSMC: AI demand is stronger than expected three months ago Importance: The financial report released by TSMC on the 16th showed that TSMC's Q3 revenue was 989.2 billion New Taiwan Dollars, a year-on-year increase of 30.3%, and net profit reached 452.3 billion New Taiwan Dollars, a record high for the company, with a year-on-year increase of 39.1%. In US dollars, TSMC's Q3 revenue was 33.1 billion US dollars, exceeding market expectations of 31.6 billion US dollars. During the analyst meeting after the financial report was released, TSMC stated that demand for artificial intelligence remains strong and stronger than expected three months ago. The company believes that the development of the artificial intelligence market is very positive, and their confidence in this major trend is growing. 5. Authority Figure: Rumors of the establishment of a polycrystalline silicon storage platform are unfounded Importance: The progress of the photovoltaic industry's polycrystalline silicon storage plan is a hot topic in the industry. On October 16th, there were rumors that a polycrystalline silicon storage platform had been established, with the platform company completing its industrial and commercial registration (named "China Silicon Capacity Integration Co., Ltd.") and opening a joint account. In response to this situation, a source from an authoritative figure in the industry informed a reporter from the Securities Times that the rumor was untrue. 6. Setting new highs for four consecutive days, Shanghai Gold Exchange urgently reminds! Institutions: The upward trend remains unchanged Importance: On October 16th, international gold prices continued their strong trend, achieving a historical high for the fourth consecutive trading day, with the COMEX gold price reaching as high as 4,255.4 US dollars per ounce. As of 4:30 pm, the COMEX gold price was still up by over 1%. Against the backdrop of gold prices hitting new highs consecutively, the Shanghai Gold Exchange issued a risk reminder on October 16th. However, some institutions pointed out that investor concerns about the US government shutdown and global trade friction are driving continued inflows of safe-haven funds into the gold market. At the same time, the dovish stance of the Federal Reserve and the weakening US dollar are providing additional support for gold. Although short-term indicators show overbought conditions, the overall upward trend remains unchanged. Positive Announcements: 1. US stock three major indices collectively rise, Google rises over 2% to reach a new high The US three major indices rose collectively, as of 22:00 drafting, the Dow rose by 0.19%, the Nasdaq rose by 0.56%, and the S&P 500 index rose by 0.2%. In focus stocks, Google rose over 2% at one point, reaching a historic high, after launching the new vi...