Mei Ri Jing Ji Xin Wen·2025-10-22 21:51Market Overview - US stock indices collectively declined, with the Nasdaq down 0.93%, Dow Jones down 0.71%, and S&P 500 down 0.53% [4] - Major tech stocks mostly fell, with Netflix dropping over 10%, marking its largest single-day decline since April 2020 [4] - International oil prices surged, with WTI crude oil rising 3.74% to $59.38 per barrel and Brent crude oil increasing 3.54% to $63.49 per barrel [6] Economic Indicators - China's foreign exchange revenue and expenditure reached a record high of $11.6 trillion in the first three quarters, a year-on-year increase of 10.5% [10] - The Ministry of Industry and Information Technology emphasized the importance of maintaining stable industrial economic operations and proposed targeted policies to stimulate market vitality [9] Corporate Developments - Huawei officially launched HarmonyOS 6, enhancing performance by 15% and extending battery life by over 35 minutes [14] - Honor and BYD signed a strategic cooperation agreement to enhance technology sharing and ecosystem development in the smart automotive sector [17] - JD.com’s auction of the "National Good Car" attracted over 27,000 participants, with the final bid exceeding 78.19 million yuan, indicating strong consumer interest [22] Financial Performance - Tesla reported third-quarter revenue of $28.1 billion, a 12% year-on-year increase, but net profit fell 29% to $1.77 billion [23] - Apple's iPhone Air launch faced weak market demand, with the second-hand market showing a decline in prices [24] Regulatory and Compliance - Douyin e-commerce initiated a campaign against false advertising related to down jackets, addressing material misrepresentation and ensuring consumer protection [20] - The China Securities Investment Fund Industry Association is set to release a draft for public comment regarding performance benchmarks for public funds [10]