券商中国·2025-10-15 12:00Macro Dynamics - The central bank reported that as of the end of September, the broad money supply (M2) reached 335.38 trillion yuan, with a year-on-year growth of 8.4% [2] - The narrow money supply (M1) was 113.15 trillion yuan, growing by 7.2% year-on-year [2] - The currency in circulation (M0) amounted to 13.58 trillion yuan, with an 11.5% year-on-year increase [2] - A net cash injection of 761.9 billion yuan occurred in the first three quarters [2] Industry Policies - The National Development and Reform Commission issued a "Three-Year Doubling Action Plan for Electric Vehicle Charging Facility Service Capacity (2025-2027)" aiming to enhance the electric vehicle charging infrastructure [3] - By the end of 2027, the plan targets the establishment of 28 million charging facilities nationwide, providing over 300 million kilowatts of public charging capacity to meet the charging needs of over 80 million electric vehicles [3] Taxation and Manufacturing - The State Taxation Administration reported that in the first eight months of the year, the manufacturing sector benefited from tax reductions and refunds totaling approximately 1.3 trillion yuan [4] - In the first three quarters, manufacturing sales revenue increased by 4.7% year-on-year, accounting for a significant portion of national enterprise sales [4] Company Developments - Zheshang Securities announced the nomination of Qian Wenhai as the new chairman due to the retirement of Wu Chenggen [6] - The Bank of Communications plans to redeem 2.8 billion USD of perpetual capital bonds on November 18, 2025, after receiving necessary approvals [7] - JD.com is set to launch a new electric vehicle priced between 100,000 to 120,000 yuan, in collaboration with GAC Aion and CATL, during the Double Eleven shopping festival [11] - Tianpu Co., Ltd. will resume trading on October 16, 2025, after completing a suspension for review due to significant stock price fluctuations [12][13] - Haiguang Information reported a third-quarter net profit of 760 million yuan, reflecting a year-on-year growth of 13% [15] - DHL plans to invest 300 million euros to expand its operations in Africa, including the establishment of new aircraft, warehouses, and distribution centers [17]