Highlights from Major Financial Media on October 16: Key Market Insights and Trends

Summary of Major Headlines from China’s Top Financial Newspapers and Media on October 16

China Securities Journal

Six Departments Announce Positive Developments for Electric Vehicle Charging Facilities

On October 15, the National Development and Reform Commission announced a “Three-Year Doubling Action Plan for Electric Vehicle Charging Facility Service Capacity (2025-2027)”, outlining goals and action paths for the development of charging facilities to support the growth of the new energy vehicle industry.

Significant Insight: “Now is the Time to Invest in Chinese Assets”

At a recent industry conference, it was emphasized that global investors are currently reassessing Chinese assets, making them a must-invest opportunity. There is optimism that improvements in basic economic conditions could gradually extend to more industries, indicating potential market growth.

Gold Prices Surge: “Selling Jewelry Made Nearly 10,000 Yuan”

On October 15, a worker at a pawn shop in Beijing asked a reporter if they were looking to sell gold. The shop reported a buyback price of 944 yuan per gram for gold bars and 934 yuan per gram for gold jewelry, as spot gold prices reached a new historical high.

First Day of the Canton Fair: Service Robots Attract Attention

The 138th China Import and Export Fair (Canton Fair) opened on October 15, featuring over 74,600 booths with more than 32,000 exhibiting companies, both record highs. Popular areas included service robots, which drew large crowds.

Shanghai Securities Journal

Core CPI Returns to 1% for the First Time in Nearly 19 Months

According to the National Bureau of Statistics announced on October 15, the CPI and PPI declines narrowed in September, with the core CPI rising by 1% year-on-year for the fifth consecutive month, indicating a slow improvement in prices and steady recovery in domestic demand.

Northern Capital Increases Holdings in A-shares for Three Consecutive Quarters

As of the end of the third quarter, northern capital holdings in A-shares reached 2.58 trillion yuan, marking increases of 12.9% and 15.59% from the end of the second and first quarters, respectively. This continues a trend of increasing holdings for northern capital over three quarters.

“Data Vacuum” Disrupts the Federal Reserve

Due to the U.S. government shutdown, the economic data release system has been severely impacted. In the absence of key economic data, markets are turning to alternative indicators, which may not align with official metrics. The Fed’s next meeting is scheduled for October 28-29, where recent statements suggest little change in employment and inflation outlooks.

How Long Will Gold Continue to Rise? Experts Predict Possible Fluctuations Ahead

As of October 15, international gold prices reached record highs, with spot gold in London hitting $4,218.13 per ounce. Year-to-date, the price has increased over 60%.

Securities Times

Core CPI Hits 1% for the First Time in Nearly 19 Months

On October 15, data showed that September’s CPI and PPI improved from the previous month, with core CPI continuing to expand.

Tianpu Co. Completes Stock Suspension Review

Tianpu Co. announced on October 15 that it has completed its review of abnormal trading. The stock will resume trading on October 16 after a suspension due to significant price fluctuations.

IPO Approval Rates Tilt Towards “New”

As of now, the IPO approval rate has increased, with 61 companies seeking approval and 58 receiving it, a significant improvement from last year.

New Technologies in Semiconductor Equipment Showcase

At the 2025 Bay Area Semiconductor Industry Expo, NexG showcased 16 equipment products, including a new generation of high-speed oscilloscopes and domestic EDA software.

Securities Daily

Social Financing Exceeds 30 Trillion Yuan in First Three Quarters

As of the end of September, social financing, M2 money supply, and RMB loan growth rates have all outpaced economic growth, indicating stable financial support for the real economy.

Six Departments Aim for 28 Million Charging Facilities by 2027

The “Three-Year Doubling Action Plan for Electric Vehicle Charging Facility Service Capacity” aims to establish 28 million charging facilities nationwide, providing over 300 million kilowatts of public charging capacity by the end of 2027.

Solid-State Battery Materials See Key Breakthroughs

Recent announcements indicate significant advancements in solid-state battery materials, with companies entering trial production phases for new technologies.

Humanoid Robots Achieve Standardized Data Language

A new standardized data set platform for humanoid robots was launched, facilitating data interchangeability across the industry.

People’s Daily

September CPI Rose 0.1% Month-on-Month

The National Bureau of Statistics reported a stable consumer market, with CPI showing a slight increase month-on-month and a decline year-on-year.

Economic Daily

Core CPI Year-on-Year Growth Reaches 1% for the First Time in Nearly 19 Months

September’s data shows improvements in the consumption market, with continued optimization in price levels.

China National Radio

High Interest in “Bay Area Semiconductor Expo” with Four Key Highlights

The 2025 Bay Area Semiconductor Industry Expo opened, serving as an important platform for industry insights.

21st Century Business Report

RMB Exchange Rate Hits 11-Month High

The RMB appreciated to 7.0995 against the USD on October 15, indicating renewed market interest in potential appreciation.

Market Regulation Bureau Cracks Down on Fraud in Live Streaming

Efforts to combat false advertising in private live streaming have resulted in numerous investigations and significant penalties.

First Financial

Gold Prices Hit Historic Highs, Investors Divided on Strategy

As international gold prices surpassed $4,200 per ounce, investor sentiment varied, with some cashing out while others anticipated further gains.

Economic Reference Report

Brokerage Earnings Reports for Q3 Begin with Positive Outlooks

East Wu Securities became the first to report increased profits for the third quarter, reflecting a favorable environment for the brokerage sector.

Ghostly Live Streaming Sales on the Rise

Some sellers have been found offering luxury items at drastically reduced prices during late-night broadcasts, raising concerns about the legitimacy of these transactions.