Finance 2026-10-09

Market snapshot

Shanghai turnover: CNY 123.7bn

Macro & policy

Finance news

1. PBOC: Global Imbalances Cannot Be Simply Attributed to Exchange Rates, Require Joint Response

China’s central bank said global imbalances have complex causes and cannot be attributed simply to exchange rates, urging all parties to address them jointly. The remarks come amid international debate over trade and currency imbalances.

Source: 财新

2. BLT to invest about RMB 1 billion in metal additive manufacturing high-end industrial base project

BLT plans to invest about RMB 1 billion to build a high-end metal additive manufacturing industrial base. The project aims to expand capacity and strengthen its position in advanced manufacturing. Further details are subject to the company’s announcement.

Source: 第一财经

3. Xiaomi Pengcheng Tops 70,000 Locked Orders in First Month, September Deliveries Exceed 10,000

Xiaomi’s Pengcheng model drew more than 70,000 locked orders in its first month on the market, with September deliveries surpassing 10,000 units. The figures point to solid early demand for Xiaomi’s auto business.

Source: 界面新闻

4. Post-holiday airfare prices plunge

Jiemian.com reports that airfare prices fell sharply after the holiday. The headline did not specify routes, discount levels, or duration.

Source: 界面新闻

5. Apple to launch first touchscreen Mac and iPad Mini in late October

Apple will release its first touchscreen Mac and a new iPad Mini in late October, according to Wallstreetcn. Further details were not disclosed.

Source: 华尔街见闻

6. Tokenization could unleash tens of billions of dollars in trapped capital, Nasdaq CEO says

Nasdaq CEO Adena Friedman said tokenization could free up tens of billions of dollars in trapped capital. She highlighted its potential to improve capital liquidity.

Source: CNBC Markets

7. Apple to Launch First Touchscreen MacBook and New iPad mini in October

Apple is reportedly set to unveil its first MacBook with a touchscreen alongside a new iPad mini in October. The twin launch would mark Apple’s first move to bring touch input to the Mac lineup while refreshing its compact tablet.

Source: 华尔街见闻

8. Nvidia-backed Aussie AI firm Firmus withdraws historic IPO, citing market volatility

Nvidia-backed Australian AI data center operator Firmus has withdrawn its planned IPO, citing market volatility. The listing had been described as historic.

Source: CNBC Markets

Filings & research

Company filings (CNINFO, titles in Chinese)

• 妙可蓝多：2026年前三季度业绩快报公告
• 晶晨股份：晶晨股份2026年前三季度业绩预告的自愿性披露公告
• 永和股份：浙江永和制冷股份有限公司2026年前三季度业绩预增公告
• 大连重工：2026年前三季度业绩预告
• 鼎龙股份：2026年前三季度业绩预告
• 广汇能源：广汇能源股份有限公司2026年前三季度业绩预增公告
• 行云科技：2026年前三季度业绩预告
• 扬杰科技：2026年前三季度业绩预告

Research notes

1. Macro Commentary: September U.S. Nonfarm Payrolls Review and Market Observations

A macro commentary from Securities Star reviews September U.S. nonfarm payrolls and market observations. It interprets the jobs data and discusses its market implications.

Source: 券商研报

2. BofA Research Note: Narrow Market Breadth Is a Bubble Trait, and the AI Trade Will Keep Running Until It Bursts

A Bank of America research note says today’s narrow market breadth, with gains concentrated in a few stocks, is a classic bubble signal. Still, it argues the AI trade will keep running until the bubble finally bursts.

Source: 券商研报

3. How to view the post-holiday A-share correction? Institutions: overseas research report is hypothetical scenario analysis

A-shares pulled back after the holiday, drawing investor attention. Institutions said the overseas research report cited as a driver was a hypothetical scenario analysis rather than a factual judgment, urging a rational view.

Source: 券商研报