Xuan Gu Bao·2025-10-15 00:15Market Overview - Trade concerns have resurfaced, leading to a decline in technology stocks and a mixed performance in U.S. stock indices, with the S&P 500 down 0.16%, the Dow Jones up 0.44%, and the Nasdaq down 0.76% [1] - The chip index fell over 2%, with Nvidia down more than 4% and Broadcom down 3.5% [1] - Chinese concept stocks also faced declines, with companies like Xpeng down over 5% and Alibaba down over 2% [1] - Luxury goods giant LVMH saw a nearly 9% increase in stock price after reporting strong Q3 earnings [1] Bond and Currency Markets - U.S. Treasury prices saw a decrease in momentum, with the 10-year Treasury yield dipping below 4.0% for the first time in a month before recovering [2] - The U.S. dollar index approached a two-month high before turning down, while the offshore RMB fell over 100 points, nearing 7.15 [3] Commodity Markets - Gold prices reached a new historical high, with spot gold rising nearly 2% [4] - The International Energy Agency (IEA) raised its forecast for global oil market surplus, causing crude oil prices to drop to a five-month low, with U.S. oil down 3% [5] Technology Developments - Nvidia announced its GTC conference in Washington D.C. from October 27 to 29, focusing on quantum computing and other fields [6] - Tesla is set to hold its 2025 shareholder meeting on November 7, promising a bold and exciting plan [7] - Oracle plans to deploy 50,000 AMD AI chips in its cloud services starting in the second half of 2026 [8] - Walmart has partnered with OpenAI to launch a ChatGPT shopping feature [9] Domestic Economic Initiatives - Chinese Premier Li Qiang emphasized the need to expand domestic demand and strengthen the domestic circulation during a meeting with economic experts and entrepreneurs [10] - Shanghai's Economic and Information Technology Commission released a development plan for the smart terminal industry, focusing on core chip layouts and advanced technologies [10] - The establishment of the world's first fusion energy research and training collaboration center in China was announced [13] Agricultural Sector Insights - The 2025 World Agricultural Technology Innovation Conference was held in Beijing, discussing resilient food supply systems and agricultural challenges [20] - Predictions indicate that if China does not return to the U.S. market by mid-November, the loss of soybean orders could reach 14 to 16 million tons [20] Robotics Industry Growth - China is projected to have over 2 million industrial robots in operation by 2024, leading the world [23] - The Ministry of Science and Technology is focusing on key technology breakthroughs in the robotics sector, promoting the integration of humanoid robots into various industries [23] New Stock Offerings - Two new stocks are available for subscription: Chaoying Electronics at 17.08 CNY per share and Taikai Ying at 7.50 CNY per share, focusing on automotive electronics and mining tires, respectively [24][25] Company Announcements - Shengtun Mining plans to acquire Loncor's shares for approximately 1.9 billion USD [26] - Dike Co. intends to acquire a 62.5% stake in Jiangsu Jinkai Semiconductor Technology for 300 million CNY [27] - Longbai Group is involved in a lawsuit over the infringement of its titanium dioxide technology, with claims amounting to 1.311 billion CNY [28]