根据协议，诺和诺德和礼来也将"川普大药房"上架公司其他药物，例如治疗偏头痛的Emgality每支降价443美元，常用糖尿病药物Trulicity每月优惠598美 元。另外，礼来和诺和诺德也承诺，未来所有在美国市场推出的新药均保证"最惠国"(MFN)价格。 诺和诺德也额外承诺，将在美国额外投资100亿美元，包括等到司美格鲁肽口服药获批后，在美国当地进行生产。 不过，据海客新闻、新京报等媒体报道，在白宫椭圆形办公室举行的新闻发布会上，一位来宾突然晕倒导致活动被迫中断。男子倒地后，发布会一度中 断。 "你们看到了他倒地了，但他没事。我们把他送出去接受医生治疗，他现在没事了，"特朗普说。"所以我们的工作稍微中断了一下。" 根据报道，昏倒的是诺和诺德公司的高管戈登.芬德利(Gordon Findlay)。 据智通财经报道，北京时间周五凌晨，美国总统特朗普与礼来、诺和诺德高管一同出席白宫新闻发布会，宣布美国政府与"减肥药双雄"达成药品控价协 议，并将在被坊间称为"川普大药房"的TrumpRx药品直销渠道上架两家公司的折扣药品。 根据白宫公布的协议文本，在"川普大药房"渠道，诺和诺德的司美格鲁肽注射液价格将从每月1350美 ...

央视网消息：11月5日，最高人民检察院发布7件检察机关依法惩治危害食品药品安全犯罪典型案例，涉 及保健品、牛肉、中药等与百姓生活密切相关的食品药品，并披露了检察机关今年前9个月办理相关案 件的数据。 2025年1月至9月，全国检察机关批准逮捕危害食品安全犯罪1025件1693人，起诉3762件7316人；批准逮 捕危害药品安全犯罪279件443人，起诉1354件2668人。检察机关充分履行法律监督职能，建议行政执法 机关移送涉嫌生产、销售伪劣商品犯罪案件471件495人，监督侦查机关立案182件213人。 这批典型案例办理具有三个鲜明特点：一是坚持全链条打击，全面惩处涉案的生产、运输、批发、零售 等各个环节。如，上海市检察机关在办理杨某等人通过网店销售假冒伪劣保健食品案时，发现上游犯罪 线索，及时引导公安机关追查原料供应商、包材生产人员、物流发货人员、下游批发商、零售商等，彻 底摧毁犯罪产业链。二是坚持检察综合履职，推动建立健全协同高效的监管机制。一方面，刑事检察部 门协同公益诉讼检察部门同步调查是否侵犯不特定消费者合法权益、损害社会公益，符合公益诉讼起诉 条件的，依法开展立案调查，一并提起刑事附带民事公益诉 ...

检查过程中，该局针对药品，重点检查其采购渠道是否合法合规，认真核实进货票据、供货方资质，同 时检查药品贮存条件、温湿度调控设备是否正常运行，还对近效期药品进行排查。针对医疗器械，执法 人员着重检查相关机构是否使用未依法注册及过期、失效产品，同时检查设备维护保养记录，确保医疗 器械性能良好、安全可用。 截至目前，该局共检查相关医疗机构24家。进一步规范零售药械市场主体经营行为，提升药品、医疗器 械使用环节安全管理水平。下一步，乌苏市市场监管局将持续强化监管力度，为人民群众用药用械安全 保驾护航。（杜志锋、刘燕、祖木提拉） 为进一步规范医疗机构药品、医疗器械使用环节质量管理，保障公众用药用械安全。近期，新疆维吾尔 自治区乌苏市市场监管局强化党建引领，积极践行"实干争先"理念，充分发挥"市场卫士先锋服务队"模 范作用，对辖区部分医疗机构开展药品、医疗器械专项监督检查。 ...

Core Viewpoint - The U.S. has quietly removed the 10% tariff on fentanyl from China, signaling a shift in trade pressure from China to India, which now faces a 50% punitive tariff on its goods without any transition period or exemptions [1][3][5]. Group 1: U.S.-China Trade Dynamics - The U.S. has paused plans for a 100% tariff increase on Chinese goods, indicating a potential thaw in U.S.-China trade relations [8][11]. - The recent U.S.-China meeting in San Francisco suggests that both countries have reached an understanding to avoid escalating tariffs against each other [11][20]. Group 2: Impact on India - India has become the new target of U.S. trade pressure, with no prior warning or negotiation space provided by the U.S. government [5][11]. - The punitive tariffs imposed on Indian goods cover a wide range of products, leaving Indian exporters unprepared [11][13]. - Indian media reports indicate rising tensions in U.S.-India trade relations, with uncertainty about the limits of this tension [7][13]. Group 3: India's Strategic Position - India's position in the global trade landscape is precarious, as it lacks strong countermeasures against U.S. tariffs compared to China [14][18]. - The sentiment in India reflects a realization that it may have been overestimating its importance in the global supply chain [23][27]. - The lack of manufacturing capability in India compared to China limits its negotiating power in trade discussions [23][27]. Group 4: Global Supply Chain Implications - Following the U.S.-China rapprochement, foreign companies are reconsidering their plans to shift orders to India, favoring China instead due to its superior supply chain integration capabilities [27]. - The situation highlights that the most significant costs in global trade dynamics may ultimately fall on India, which had hoped to benefit from the U.S.-China tensions [27].

Core Points - The US and South Korea have reached an agreement on specific terms of a trade deal, including a commitment from South Korea to invest $350 billion in the US [1][2] - The investment plan consists of $200 billion in cash investments, with an annual cap of $20 billion, and an additional $150 billion allocated for shipbuilding projects [2] - The agreement maintains a 15% tariff on automotive parts and ensures that semiconductor tariffs will not disadvantage South Korea [1][2][3] Investment Commitments - South Korea's $350 billion investment will be executed in two phases, with $200 billion as cash investments and $150 billion for shipbuilding [2] - The investment commitments are expected to be finalized by January 2029 [2] - This investment strategy mirrors a previous agreement between the US and Japan, indicating a consistent approach by the Trump administration towards major Asian economies [2] Tariff Arrangements - The US will maintain a 15% overall tariff level, with both countries agreeing on the same tariff rate for automotive parts [1][3] - South Korea has secured the most-favored-nation status for pharmaceutical tariffs, which is a significant advantage [3] - In the agricultural sector, South Korea successfully resisted demands for further market opening, particularly concerning rice and beef [2]

Group 1: Report Industry Investment Rating - No information provided Group 2: Core View of the Report - After the high - level oscillation in September, the stock index is expected to enter a direction - selection stage again. The domestic liquidity environment is expected to remain loose, and residents may increase their allocation of equity assets. With the Fed's interest rate cut and RMB appreciation, external funds are also expected to flow into the domestic market. In the fourth quarter, the market style may return to value and be more balanced compared to the third quarter [2] Group 3: Summary by Relevant Catalogs 1. Stock Index Futures Market - **IF Contracts**: The previous day's closing prices for IF contracts (current month, next month, next quarter, and far - quarter) were 4648.40, 4634.80, 4604.00, and 4567.40 respectively, with increases of 68.60, 68.00, 62.40, and 66.80 and increases of 1.50%, 1.49%, 1.37%, and 1.48% respectively. The trading volumes were 24392.00, 74172.00, 14177.00, and 3440.00, and the open interest changes were - 2317.00, - 6793.00, - 1216.00, and 1074.00 [1] - **IH Contracts**: The previous day's closing prices for IH contracts (current month, next month, next quarter, and far - quarter) were 3051.20, 3051.60, 3053.00, and 3049.20 respectively, with decreases of - 17.00, - 16.20, - 16.00, and - 18.80 and decreases of - 0.55%, - 0.53%, - 0.52%, and - 0.61% respectively. The trading volumes were 10401.00, 34831.00, 4435.00, and 1454.00, and the open interest changes were - 808.00, - 1601.00, 52.00, and - 68.00 [1] - **IC Contracts**: The previous day's closing prices for IC contracts (current month, next month, next quarter, and far - quarter) were 7287.40, 7231.00, 7068.20, and 6886.60 respectively, with decreases of - 25.60, - 28.40, - 25.40, and - 20.20 and decreases of - 0.35%, - 0.39%, - 0.36%, and - 0.29% respectively. The trading volumes were 24174.00, 82049.00, 15658.00, and 4523.00, and the open interest changes were - 2679.00, - 6265.00, - 377.00, and - 112.00 [1] - **IM Contracts**: The previous day's closing prices for IM contracts (current month, next month, next quarter, and far - quarter) were 7410.00, 7335.60, 7122.60, and 6907.20 respectively, with increases of 2.60, 3.00, 4.20, and 3.00 and increases of 0.04%, 0.04%, 0.06%, and 0.04% respectively. The trading volumes were 38819.00, 141946.00, 22315.00, and 8213.00, and the open interest changes were - 3501.00, - 1434.00, - 1256.00, and 1365.00 [1] - **Inter - month Spreads**: The current values of inter - month spreads for IF (next month - current month), IH (next month - current month), IC (next month - current month), and IM (next month - current month) were - 13.60, 0.40, - 56.40, and - 74.40 respectively, compared to previous values of - 12.80, - 0.60, - 56.00, and - 76.80 [1] 2. Stock Index Spot Market - **CSI 300 Index**: The previous value of the CSI 300 index was 4691.97, with a trading volume of 220.91 billion shares and a total trading value of 5715.63 billion yuan. The previous two - day value was 4716.02, with a trading volume of 262.20 billion shares and a total trading value of 6726.70 billion yuan. The decline was - 0.51% [1] - **SSE 50 Index**: The previous value of the SSE 50 index was 3050.42, with a trading volume of 54.63 billion shares and a total trading value of 1487.20 billion yuan. The previous two - day value was 3069.53, with a trading volume of 70.41 billion shares and a total trading value of 1852.95 billion yuan. The decline was - 0.62% [1] - **CSI 500 Index**: The previous value of the CSI 500 index was 7341.03, with a trading volume of 202.12 billion shares and a total trading value of 4220.69 billion yuan. The previous two - day value was 7379.39, with a trading volume of 232.05 billion shares and a total trading value of 4717.62 billion yuan. The decline was - 0.52% [1] - **CSI 1000 Index**: The previous value of the CSI 1000 index was 7479.22, with a trading volume of 251.80 billion shares and a total trading value of 4310.16 billion yuan. The previous two - day value was 7495.38, with a trading volume of 265.34 billion shares and a total trading value of 4581.70 billion yuan [1] - **Industry Performance**: The declines in energy, raw materials, industry, and optional consumption were - 0.86%, - 2.97%, - 0.31%, and - 0.06% respectively. For other industries like major consumption, medicine and health, real - estate finance, and information technology, the changes were 0.01%, - 1.61%, etc. [1] 3. Futures - Spot Basis - The previous values of the basis for CSI 300, SSE 50, and CSI 1000 futures contracts were provided, showing differences compared to the previous two - day values [1] 4. Other Domestic and Overseas Indexes - Information on the previous values and changes of domestic indexes such as the Shanghai Composite Index, Shenzhen Component Index, Small and Medium - Cap Board Index, and ChiNext Index, as well as overseas indexes like the Hang Seng Index, Nikkei 225, S&P Index, and DAX Index were presented [1] 5. Macroeconomic Information - The "15th Five - Year Plan" proposal was released, with goals including economic growth in a reasonable range, increased total factor productivity, and higher resident consumption rates. It also proposed developing strategic emerging industries and key technology breakthroughs in certain fields. China and ASEAN signed the FTA 3.0 upgrade protocol. There are talks about a China - EU meeting on rare - earth issues. China is committed to opening up its financial sector [2] 6. Industry Information - The 11th batch of national drug procurement was successfully bid. The soybean area in China is expected to remain above 150 million mu for four consecutive years, and the number of breeding sows has decreased. A special campaign against live - streaming reward chaos was launched. The added value of the wholesale and retail industry increased by 5.6% in the first three quarters, and rural road construction progress and investment were reported [2] 7. Stock Index Views - U.S. stock indexes continued to rise, while the domestic stock index adjusted downward the previous day. The market turnover was 2.17 trillion yuan, and the margin trading balance increased. After the high - level oscillation in September, the stock index is expected to enter a direction - selection stage. The market style may return to value in the fourth quarter [2]

Market Overview - On October 28, the A-share market experienced a pullback after an initial rise, with all three major indices closing in the red. The Shanghai Composite Index fell by 0.22% to 3988.22 points, the Shenzhen Component Index decreased by 0.44% to 13430.1 points, and the ChiNext Index dropped by 0.15% to 3229.58 points. The Shanghai Composite Index briefly surpassed the 4000-point mark, reaching a ten-year high [2][3] - The total trading volume in the Shanghai and Shenzhen markets was 2.15 trillion yuan, a decrease of 192.3 billion yuan compared to the previous trading day [2] Sector Performance - The sectors that performed well included Fujian, military industry, and port shipping, while sectors such as non-ferrous metals, wind power equipment, and oil and gas saw declines [2] International Market - In the U.S. stock market, the three major indices rose on October 28, with the Dow Jones Industrial Average increasing by 161.78 points (0.34%) to 47706.37 points, the S&P 500 rising by 15.73 points (0.23%) to 6890.89 points, and the Nasdaq Composite gaining 190.04 points (0.80%) to 23827.49 points [4][5] - European markets showed mixed results, with the UK FTSE 100 rising by 0.44% while the French CAC40 and German DAX indices fell by 0.27% and 0.12%, respectively [4] - International oil prices declined, with WTI crude oil falling by 1.89% to $60.15 per barrel and Brent crude down by 1.86% [4][5] Policy Developments - The Central Committee of the Communist Party of China released suggestions for the 14th Five-Year Plan, emphasizing the promotion of RMB internationalization, enhancing capital project openness, and building a self-controlled cross-border payment system for the RMB [7] - The plan also includes initiatives to develop cultural industries, promote new infrastructure, and advance artificial intelligence applications [8][9][10][11][12][13] Company Announcements - Key companies reported significant profit increases in Q3, including: - Keli Yuan: Net profit increased by 2837% due to growth in nickel battery and consumer battery segments - Haid Group: Plans to repurchase shares worth 1-1.6 billion yuan for capital reduction and employee incentive plans - Sunshine Power: Net profit rose by 57.04% - Zhaoyi Innovation: Net profit increased by 61% due to improved supply conditions in the DRAM industry - China Film: Net profit surged by 1463%, with total box office revenue reaching 12.3 billion yuan [20] Fund Flow Analysis - The top five sectors with net inflows included biopharmaceuticals, cultural media, and glass fiber, while the semiconductor sector experienced the largest net outflow [21] - Notable individual stocks with significant net inflows included N He Yuan-U and N Yi Cai-U, while Northern Rare Earth and Huayou Cobalt saw substantial net outflows [22]

Core Points - The agreements signed by President Trump during the ASEAN summit aim to deepen economic ties and diversify supply chains while addressing trade imbalances [1] Group 1: Key Mineral Cooperation - The agreements with Malaysia and Thailand focus on the construction of diversified supply chains, particularly in critical minerals [3] - Malaysia has committed not to impose export bans or quota restrictions on critical minerals and rare earth elements to the U.S., despite previously banning rare earth exports to develop downstream industries [4] Group 2: Tariffs and Market Access - The trade agreements include tariff adjustments, with the U.S. maintaining a 19% base tariff rate on exports to Malaysia, Cambodia, and Thailand, while some products will see tariffs reduced to zero [5] - Vietnam has agreed to a framework that imposes a 20% tariff on U.S. products, while committing to significantly increase purchases of U.S. goods to reduce the trade surplus, which is projected to reach $123 billion in 2024 [5] - All four countries have pledged to eliminate trade barriers and provide preferential market access for U.S. goods, with Thailand agreeing to remove tariffs on approximately 99% of goods [5] Group 3: Practical Cooperation and Trade Orders - The agreements resulted in substantial trade commitments, with Thailand promising to purchase 80 aircraft from the U.S. annually, valued at $18.8 billion, along with $5.4 billion in energy products and $2.6 billion in agricultural products each year [6] - The agreements also encompass cooperation in digital trade, service investment, labor rights protection, and environmental protection [7] - Malaysia's role as a global leader in halal certification will facilitate the entry of U.S. products into its market, creating opportunities for specialized trade [7]

3、国务院关于金融工作情况的报告：要落实落细适度宽松的货币政策 盘前要闻 1、中美在吉隆坡举行经贸磋商，双方解决各自关切的安排达成基本共识 类型：宏观 情绪影响：正面 中美双方围绕美对华海事物流和造船业301措施、延长对等关税暂停期、芬太尼关税和执法合作、农产 品贸易、出口管制等双方共同关心的重要经贸问题，进行了坦诚、深入、富有建设性的交流磋商，就解 决各自关切的安排达成基本共识。另据路透社，美国财长贝森特表示，美方不再考虑对中国加征100% 的关税。 2、我国光刻胶领域取得新突破!新技术可显著减少芯片光刻缺陷 类型：行业 情绪影响：正面 北大团队通过冷冻电子断层扫描技术，首次在原位状态下解析了光刻胶分子在液相环境中的微观三维结 构、界面分布与缠结行为，指导开发出可显著减少光刻缺陷的产业化方案。平安证券认为，虽然起步较 晚，但国内光刻机产业链从业者正在积极追赶，建议关注产业链整机及相关零部件公司。 类型：宏观 情绪影响：正面 国务院关于金融工作情况的报告指出，要落实落细适度宽松的货币政策，为巩固拓展经济回升向好势头 营造适宜的货币金融环境。执行好各项已出台货币政策措施，持续释放政策效能，研究储备新的政策举 措 ...

Group 1 - The United States signed a series of trade agreements with four Southeast Asian countries, including Malaysia, Cambodia, and Thailand, focusing on tariffs and key minerals [1] - The agreements maintain a 19% tariff rate on exports to Malaysia and Cambodia, with some products gradually reducing to zero tariffs, while Vietnam currently faces a 20% tariff [1] - Vietnam has committed to significantly increasing its purchases of American products to reduce the trade surplus, which reached $123 billion last year [1] Group 2 - Thailand agreed to eliminate tariffs on approximately 99% of goods and relax foreign ownership restrictions in its telecommunications sector [2] - Malaysia will simplify regulations for American cosmetics and pharmaceuticals, and has secured tariff exemptions for aerospace equipment and commodities like palm oil and cocoa [2] - Thailand committed to purchasing 80 American aircraft worth $18.8 billion and will buy around $5.4 billion in energy products annually, including LNG and crude oil [2]