Finance 2026-10-24

Market snapshot

Shanghai turnover: CNY 898.7bn

Macro & policy

No major macro releases today.

Finance news

1. Home appliance national subsidies about to end? Multiple regions respond: quotas sufficient

Responding to rumors that national home appliance subsidies will soon end, multiple regions said subsidy quotas remain sufficient and the program is still operating normally.

Source: 界面新闻

2. Oracle to Invest $1 Billion in Partners Over Next Four Years to Target Enterprise AI Demand

Oracle plans to invest $1 billion in partners over the next four years to target enterprise AI demand. The move aims to expand adoption of its AI products and services through its partner ecosystem.

Source: 华尔街见闻

3. Shanghai Stock Connect appears in top-trading list for 10 stocks

First Financial reports that Shanghai Stock Connect appeared on the top-trading list for 10 stocks. The data reflects active trading in related shares and is a routine market update.

Source: 第一财经

4. US Oil Rises Over 4% Intraday; Brent Heads Toward $117, Hitting Another Five-Month High as Middle East Risks Persist and Short Covering Adds Fuel

US crude rose more than 4% intraday, while Brent approached $117 and set another five-month high. Persistent Middle East risks and short covering added momentum to oil prices.

Source: 华尔街见闻

5. Turmoil hits AI build-out as neoclouds face pressure, credit risks mount and Solidigm pulls IPO

This week, AI infrastructure stocks slumped, Solidigm pulled its IPO and credit default swap spreads widened as neoclouds came under pressure. The turmoil sets the stage for hyperscaler earnings.

Source: CNBC Markets

6. Moody’s holds steady on France’s credit rating as country grapples with turmoil and higher yields

Moody’s kept France’s credit rating at Aa3. The decision offered some relief during a week of unrest and higher bond yields.

Source: CNBC Markets

7. Canada Goldenrod and the “Chinese Mystery Snail” | Nature

The article discusses Canada goldenrod and the “Chinese mystery snail” as examples of invasive alien species, highlighting ecological impacts and management challenges.

Source: 财新

8. US Naturalization Approvals Fall More Than 70% Year-on-Year; DHS Highlights Net Emigration Results

Naturalization approvals in the United States fell by more than 70% year-on-year, Caixin reports. The Department of Homeland Security cited the decline while highlighting results in net emigration.

Source: 财新

Filings & research

Company filings (CNINFO, titles in Chinese)

• *ST天宜：2026年前三季度业绩预告的自愿性披露公告
• 泛亚微透：泛亚微透2026 年前三季度业绩预告的自愿性披露公告
• 山外山：2026年前三季度业绩预告的自愿性披露公告
• 药易购：《2026年半年度报告》（更新后）
• 药易购：《2023年年度报告》（更新后）
• 药易购：《2025年年度报告》（更新后）
• 药易购：《2024年年度报告》（更新后）
• 药易购：《2022年年度报告》（更新后）

Research notes

1. Broker Morning Meeting Highlights: U.S. Macro Fragility Controllable; Computing Power and Semiconductor Equipment Momentum Continues

Broker morning notes say U.S. macroeconomic fragility remains broadly controllable, while momentum in computing power and semiconductor equipment continues. The views are short-term strategy references.

Source: 券商研报

2. Research Morning Views: Broker Morning Meetings and Reports - Stockstar

The page is titled “Research Morning Views: Broker Morning Meetings and Reports” on Stockstar. It provides no substantive news details or research conclusions, so no meaningful summary can be drawn.

Source: 券商研报

3. Promoting ‘Think Tank’ Transformation Through In-Depth Industry Research

Sina reports that organizations should advance a ’think-tank’ transformation through in-depth industry research, strengthening professional analysis and decision-support capabilities. The report provides no specific cases or data.

Source: 券商研报