Key Points - The 20th Central Committee of the Communist Party of China will hold its fourth plenary session from October 20 to 23, focusing on the national economic and social development plan for the 15th Five-Year Plan and analyzing the current economic situation [2] - A video call was held between Chinese and U.S. trade leaders, discussing the implementation of important consensus reached by the two countries' leaders and agreeing to hold new rounds of trade consultations soon [3] - The China Securities Regulatory Commission has revised the Corporate Governance Guidelines for Listed Companies, effective January 1, 2026, to enhance the supervision of directors and senior management, improve incentive mechanisms, and regulate the behavior of controlling shareholders [4] - The Shanghai Stock Exchange emphasized the importance of the new technological revolution, particularly in AI and biomedicine, and aims to enhance the quality of listed companies and attract long-term capital [5] - UBS Wealth Management upgraded its global stock rating to "attractive" due to stronger-than-expected economic growth and easing tariff pressures, and also raised the rating for Chinese tech stocks, citing confidence in their ability to monetize AI [6][7] - A report on generative AI applications was released, indicating that by June 2025, the user base in China is expected to reach 515 million, doubling in six months, with a penetration rate of 36.5% [8] - Several companies announced significant developments: Silan Micro plans to invest 5.1 billion yuan in a new 12-inch integrated circuit chip production line; Yidao Information is set to acquire 100% of Langguo Technology; and Xiling Information reported a substantial increase in revenue and profit for Q3 2025 [10][11][12] - China Life Insurance expects a net profit increase of approximately 50% to 70% year-on-year for the first three quarters of 2025, while Cambrian reported a staggering 1332.52% year-on-year revenue growth for Q3 2025 [12] - Guotai Junan Securities views recent market adjustments as a good opportunity to increase allocations in A-shares, suggesting that external disturbances will not end the upward trend and that every pullback is a buying opportunity [14]
党的二十届四中全会召开在即……盘前重要消息一览
证券时报·2025-10-20 00:08