Automatically crawled from Tonghuashun and Eastmoney every day at 08:00 Beijing time via cron, with summaries rewritten by Doubao. For information collation only, does not constitute investment advice.

Tonghuashun 7×24

Shougang Co., Ltd. Establishes Auto Parts Company in Wuhan

2026/9/21 11:50:12

Short summary: Listed steel enterprise Shougang Co., Ltd. recently indirectly established Wuhan Shougang Auto Parts Co., Ltd. as a wholly-owned subsidiary. The new company has a registered capital of 60 million yuan, with Liu Chao as its legal representative. Its business scope covers manufacturing and wholesale of auto parts, sales and cutting processing of metal materials, non-residential real estate leasing, etc. This move is Shougang’s latest layout to extend its automotive industry chain and expand its downstream auto parts business.

Beijing Municipal Party Committee Secretary Yin Li Meets with Chairman of the Board of The Adecco Group, Switzerland

2026/9/21 11:49:36

On September 20, Beijing Municipal Party Committee Secretary Yin Li met with Deng Jingxi, Chairman of the Board of The Adecco Group, Switzerland. Yin Li expressed hope that Adecco will leverage its own advantages to deepen cooperation with relevant institutions and enterprises in Beijing, focus on industrial and technological development needs to carry out joint introduction and cultivation of high-end talents, promote the integration of the three chains, study and judge AI transformation trends to upgrade human resources services, expand its layout in Beijing, help Beijing’s sci-tech innovation enterprises go global, and co-host the China-Europe Talent Forum to enhance its international influence.

Egyptian Official: Broad Prospects for Egypt-China Cooperation in Water Resources Management

2026/9/21 11:46:23

Short summary: Egypt’s Minister of Water Resources and Irrigation Hani Sewilam stated in Cairo on the 20th that Egypt is one of the countries with the most scarce water resources in the world, and is currently promoting the transformation of its water resources management system supported by high technology and AI. China has rich technical experience in relevant fields, so the cooperation between the two countries has broad prospects. A Chinese delegation will participate in Cairo Water Week in October, and the two sides are expanding cooperation channels.

Xianyu Responds to Pornography-related Industrial Chain on Platform: Establishes Special Team to Crack Down on Pornographic Traffic Diversion, Will Build Comprehensive Prevention and Control Mechanisms Including Pre-identification

2026/9/21 11:44:23

Xianyu recently became a trending topic due to reports of a hidden pornography-related industrial chain on the platform. The official response stated that a special team has been set up to crack down on illegal acts of pornographic traffic diversion, and a comprehensive prevention and control mechanism of “pre-identification - immediate disposal - police-enterprise linkage” will be established. Since January 2026, the platform has frozen more than 98,000 relevant high-risk accounts, and has cooperated with police to take down 15 pornographic gangs this year, with relevant clues handed over to public security authorities. (Source: Science and Technology Innovation Board Daily)

Total ETF Trading Volume in Two Markets Reaches 268.305 Billion Yuan, Down 14.625 Billion Yuan from the Same Period Last Trading Day

2026/9/21 11:32:20

[Financial Brief] As of press time, the total trading volume of ETFs in the two markets is 268.305 billion yuan, a decrease of 14.625 billion yuan compared with the same period of the previous trading day, and the trading activity of on-site ETFs has slightly declined. By category, bond ETFs have the highest trading volume at 131.226 billion yuan, followed by equity ETFs at 75.878 billion yuan, QDII ETFs at 36.735 billion yuan, money market ETFs at 19.624 billion yuan, and commodity ETFs at 4.842 billion yuan.

ETF Midday Review: Hang Seng Innovative Drug ETF Leads Gains at 5.86%, Gold Stock ETF Leads Losses at 1.64%

2026/9/21 11:31:46

[ETF Midday Closing Shows Divergent Performance] Onshore ETFs showed divergent trends at midday trading today, with the innovative drug sector leading gains: Hang Seng Innovative Drug ETF (520500) topped the list with a 5.86% increase, 港股 Innovative Drug ETF (520690) and Hong Kong Stock Connect Innovative Drug ETF (159297) both rose more than 5.4%; the gold stock sector led losses, with Gold Stock ETF (517520) falling 1.64%, and two other related gold stock ETFs falling between 1.4% and 1.5%.

Eastmoney 7×24

Xianyu Responds to Pornography-related Industrial Chain on Platform: Establishes Special Team to Crack Down on Pornographic Traffic Diversion, Will Build Comprehensive Prevention and Control Mechanisms Including Pre-identification

2026/9/21 11:44:00

[Short Summary] The subject involved is second-hand trading platform Xianyu. Recently, the topic of a hidden pornography-related industrial chain on the platform became a trending search. Xianyu’s official response stated that a special team has been set up to crack down on illegal acts of pornographic traffic diversion, and a comprehensive prevention and control mechanism of “pre-identification - immediate disposal - police-enterprise linkage” will be established. Since January 2026, more than 98,000 related accounts have been frozen, and 15 pornographic gangs have been taken down in cooperation with the police this year.

Residential Land Plot in Jing’an, Shanghai Sold for 7.05 Billion Yuan, Consortium of Xiangyu and C&D Wins the Bid

2026/9/21 11:40:03

Shanghai’s 9th batch of centralized land auctions kicked off today, with two core urban plots successfully sold: after 78 rounds of bidding, the residential plot in Unit N070302, Jing’an District was won by the consortium of Xiangyu and C&D for 7.05 billion yuan, with a transaction floor price of 69,614 yuan per square meter and a premium rate of 5.48%; the Laoximen plot in Huangpu District was won by China Overseas Land & Investment for 3.888 billion yuan, with a transaction floor price of 96,900 yuan per square meter.

Midday Main Capital Flow | Capital Adds Positions in Pharmaceutical and Chemical Stocks

2026/9/21 11:39:10

Disclosure of A股 half-day main capital flow as of midday close: during the morning trading session, main capital added positions mainly in the pharmaceutical biology, basic chemical and building materials sectors, while the electronics, mechanical equipment and non-ferrous metal sectors saw net outflows of main capital. This trend reflects that short-term on-site capital preference is tilted towards defensive and stable growth tracks, and high-boom growth sectors are facing certain capital selling pressure in the short term.

StarRing Technology Lists on HKEX Today, Included in Stock Connect on First Day of Listing

2026/9/21 11:33:00

[Financial Brief] The subject involved is big data basic software manufacturer StarRing Technology. On September 21, the company officially listed on the main board of the Hong Kong Stock Exchange, and was included in the scope of Hong Kong Stock Connect targets on the first day of listing, realizing “listing and inclusion in Stock Connect simultaneously”. This arrangement can broaden the company’s investor coverage, improve share liquidity, and also provide a convenient channel for mainland investors to allocate the stock.

ChiNext Index Rises 0.93%, Over 4300 Stocks Across the Market Close in Positive Territory, CRO and Innovative Drug Sectors Lead Gains

2026/9/21 11:30:28

A-share half-day market performance was overall upward: the Shanghai Composite Index rose 0.55% to 3933.37 points, the Shenzhen Component Index rose 0.57% to 13718.23 points, the ChiNext Index rose 0.93% to 3403.97 points, and the total half-day trading volume of the two markets was 1.3278 trillion yuan. A total of 4,359 stocks across the market rose, with 83 stocks hitting their daily limit up; pharmaceutical sectors such as CRO and innovative drugs led the gains, while precious metals and white goods topped the list of declines.

Jensen Huang Slams AI Tech Giants: “AI Doomsday Theory” Is Purely Motivated by Ulterior Motives

2026/9/21 11:29:42

Recently, the debate over the “AI doomsday theory” surrounding the potential threats of AI has continued in the US tech circle. NVIDIA CEO Jensen Huang explicitly opposes this argument, publicly accusing the heads of leading cutting-edge AI laboratories in the US of issuing relevant warnings that are hypocritical and motivated by ulterior motives. This statement has further amplified the position differences in the AI industry on the pace of technological development and regulatory scale.

Yahoo Finance

80-year-old discount fashion chain closing 120 stores

2026/9/20 07:02:22

[Short Summary] An 80-year-old established discount apparel chain recently announced that it will close 120 offline stores. This store closure is an adjustment measure for the brand to reduce the cost of inefficient stores and optimize its profit structure, involving the resettlement of employees at corresponding outlets and changes to regional sales layouts. It also indirectly reflects the operating pressure faced by the offline value apparel track due to the diversion of e-commerce and differentiated consumer demand.

Lucid (LCID) Rises After Bolt Partnership, But Cash Burn Remains a Concern

2026/9/20 00:52:33

美股 listed pure electric vehicle company Lucid (stock code: LCID) recently officially announced a cooperation with GM’s Chevrolet Bolt series models. After the positive news was disclosed, the company’s stock price saw a phased rise. However, the market’s core concerns about its operational level have not been eliminated: the company’s continuously high cash burn rate has not improved significantly, and subsequent cash flow pressure remains prominent, which may restrict its long-term market performance.

‘Don’t quit. Keep your job’: Expert says Social Security will ‘go away’ — and the thing to protect isn’t your 401(k)

2026/9/20 00:15:00

[Short Summary] Subjects involved: US Federal Social Security Fund, 401(k) individual pension accounts. Recently, experts in the US pension industry publicly warned that there is a risk that US social security will “cease to exist” in the future. The advice given to the public is not to prioritize protecting personal 401(k) pension accounts, but to not resign and keep their current jobs. This view highlights the questionable sustainability of the US pension security system, and also provides a reference for the general public to adjust the priority of their pension planning.