智通财经网·2025-09-18 00:35Macro - The Federal Reserve has lowered the federal funds rate target range by 25 basis points to 4.00%-4.25%, aligning with market expectations. Ten officials anticipate at least two more 25 basis point cuts this year, with one official suggesting a total reduction of over 100 basis points [1] Market - The Nasdaq China Golden Dragon Index rose by 2.85%, reaching a three-year high, with notable gains in stocks such as Baidu (up over 11%), NIO (up over 6%), and Pinduoduo (up 4.5%) [2] - The total trading volume of A-shares this year is double that of the same period last year, with the securities transaction stamp duty in August reaching 25.1 billion yuan, a year-on-year increase of 225.97% [4] Industry - The Ministry of Industry and Information Technology is seeking public opinion on mandatory national standards for intelligent connected vehicles, which is expected to strengthen the safety foundation for the industry. Experts predict that 2025 may be a pivotal year for automotive intelligence [3] - The sodium-ion battery developed by CATL is expected to begin mass production next year, with advantages over lithium batteries in low-temperature performance and safety. The year 2025 is anticipated to be the starting point for large-scale production of sodium batteries [9] - The Chinese lidar market is projected to exceed 24 billion yuan by 2025, with domestic manufacturers leading in scale, cost, and production rhythm, indicating a golden period for the industry [11]