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

TL;DR · Catch up on today’s news in 30 seconds

Frequent developments in the energy sector: Iraq ships 2 million barrels of crude oil out of the Strait of Hormuz, Ecuador’s oil pipeline suspends operations
Dual boom in domestic consumer industries: NEV charging on expressways recorded nearly 3 million sessions in the first 3 days of the National Day holiday, Ascend 950 test base launched in Tongzhou
Dense overseas financial news: institutions say Bitcoin may rise amid the US dollar debt crisis, multiple companies disclose business and financial report updates

🛢️ Crude Oil Fluctuations🔋 New Energy🤖 Computing Infrastructure🚢 Trade Developments💱 Overseas Finance

Tonghuashun 7/24

More flexible and proactive: Iraq delivers crude oil shipped out of the strait

2026/10/4 12:33:39

Short summary: Related entities include Iraq’s state-owned tanker company and Strait of Hormuz crude oil transport. On the 3rd, the company confirmed that it has shipped 2 million barrels of crude oil out of the Strait of Hormuz for delivery to waiting buyers, marking the first time the country has adopted this delivery model in decades. Other Gulf oil-producing countries have long widely adopted the transshipment model of delivering outside the strait, and Iraq’s arrangement lags behind its peers.

NEV charging on expressways hits nearly 3 million sessions, charging volume exceeds 71 million kWh in first 3 days of National Day holiday

2026/10/4 12:21:12

Monitoring data released by the National Energy Administration shows that in the first 3 days of this year’s National Day holiday, the 62,700 expressway charging guns included in the national charging facility monitoring platform recorded a total of nearly 2.97 million charging sessions, with a total charging volume exceeding 71.6 million kWh. Both figures increased by nearly 50% year-on-year, reflecting the obvious trend of new energy vehicles traveling long distances, and the penetration rate of green travel continues to rise. Relevant departments will provide charging guarantee for the return trip later.

2026/10/4 12:06:17

Recently, the spokesperson of the Ministry of Commerce answered reporters’ questions on the G20 Trade Ministers’ Meeting and related situations. The official confirmed that the meeting held in Milwaukee, the United States from September 30 to October 1 only reached a joint statement on the issue of opposing the weaponization of food, and no outcome documents were formed on the three topics of addressing overcapacity, eliminating forced labor, and adjusting the most-favored-nation treatment principle.

Ecuador’s state-owned oil pipeline system suspends operations due to pump station fire

2026/10/4 11:53:00

On October 3 local time, Ecuador’s state oil company announced that the country’s key channel for crude oil export from the Amazon production area, the approximately 500-kilometer-long state-owned Trans-Ecuadorian Pipeline System (SOTE), suspended operations on the same day due to a fire at a pump station in Napo Province. The company has requested the Oil Crime Investigation Team and police rescue team to intervene in the investigation.

Iraq ships 2 million barrels of crude oil out of Strait of Hormuz for delivery

2026/10/4 11:35:23

[News Summary] Related entity: 2 million barrels of Iraqi crude oil. On October 3, Iraq’s state-owned tanker company confirmed that it has used large tankers to ship this batch of crude oil out of the Strait of Hormuz, and delivered it to waiting buyers via ship-to-ship transshipment outside the strait, marking the first time the company has adopted this model in decades. Other Gulf oil-producing countries have already implemented this operation long before, and Iraq’s arrangement is relatively lagging.

Bank of China successfully assists Korea Development Bank in issuing 3 billion yuan dim sum bonds

2026/10/4 11:29:00

According to the official release of Bank of China and Xinhua News Agency, the bank recently acted as joint lead underwriter and bookrunner to assist Korea Development Bank in completing the issuance of 3-year offshore RMB bonds (dim sum bonds) with a scale of 3 billion yuan. The coupon rate of this bond is 1.69%, setting a record for the largest offshore RMB public bond issuance by Korea Development Bank in history.

Eastmoney 7/24

Iran adds another temporary militia training base

2026/10/4 12:42:56

On October 3 local time, Iran officially opened a new temporary military training base for militias in the capital Tehran, which is mainly used to train the public to resist potential security threats from external forces such as the United States and Israel. This move further raises expectations of geopolitical tensions in the Middle East, which may affect the trend of international crude oil and gold prices, as well as related targets in the domestic and foreign military industry sectors.

First Ascend 950 test base completed in Tongzhou, Beijing

2026/10/4 12:41:47

On September 29, the launch ceremony of the first Ascend A5 super-node commercial site was held in Tongzhou, Beijing. The Atlas 850E equipment equipped with the Ascend 950DT chip officially meets commercial conditions, and the first domestic Ascend 950 test base was also announced to be completed simultaneously. The base will provide computing power support for leading large model enterprises, universities, research institutes and other entities in the future.

Improve institutional rules, standardize quality certification market order: State Administration for Market Regulation issues new regulations

2026/10/4 12:24:45

The State Administration for Market Regulation has officially issued the Measures for the Administration of Voluntary Certification Systems Implemented Uniformly by the State (Trial). The new regulation focuses on the institutional shortcomings in the field of quality certification, will improve the industry rule system from the source of access, target and rectify the existing non-standard operations in the voluntary certification market, clarify the boundary of supervision powers and responsibilities, and ensure the fair and orderly operation of the quality certification market.

NEV charging on expressways hits nearly 3 million sessions, charging volume exceeds 71 million kWh in first 3 days of National Day holiday

2026/10/4 12:14:20

Monitoring data from the National Energy Administration shows that in the first three days of this year’s National Day holiday from October 1 to 3, the 62,700 expressway charging guns included in the national statistics recorded a total of nearly 2.97 million charging sessions, with a total charging volume exceeding 71.61 million kWh. Both figures increased by nearly 50% year-on-year, reflecting rising demand for long-distance travel by new energy vehicles, and the penetration rate of green travel during holidays continues to rise.

In first 9 months, Guangzhou Customs supervises 27,300 TEUs of import and export goods via China-Europe Railway Express at Guangzhou International Port

2026/10/4 12:12:13

[Short Summary] Related entity: China-Europe Railway Express at Guangzhou International Port. In the first 9 months of this year, Guangzhou Customs supervised a total of 277 trains running on this line, with 27,300 TEUs of import and export goods, up 11.2% and 28.6% year-on-year respectively. During this year’s National Day holiday (October 1-7), the port plans to run 5 China-Europe Railway Express trains, carrying 550 TEUs of goods with a total value of nearly 153 million yuan, and the line capacity continues to maintain a stable growth trend.

2026/10/4 12:03:57

The spokesperson of the Ministry of Commerce recently answered reporters’ questions on the G20 Trade Ministers’ Meeting and related situations. The meeting was chaired by the United States, with topics including opposing the weaponization of food, addressing overcapacity, eliminating forced labor, and adjusting the most-favored-nation treatment principle. After exchanging views, members only reached a joint statement on the food issue, and no outcome documents were formed on the other topics.

Yahoo Finance

Ennis (EBF) Grows Sales but Earns Less. Are Legal Items Hiding a Better Business?

2026/9/23 09:52:26

The latest financial report disclosed by US commercial printing company Ennis (ticker code: EBF) shows that the company’s revenue achieved year-on-year growth in the current period, but net profit declined year-on-year due to drag from legal non-recurring expenses. There are current differences in the market’s judgment of its fundamentals. Some views believe that occasional legal matters cover the actual positive performance of the main business, and the progress of subsequent legal matters will directly affect the pace of its profit release.

Strive CEO: Bitcoin Could ‘Go to Infinity’ as Dollar Debt Crisis Breaks

2026/9/23 09:51:00

The CEO of US asset management institution Strive recently made a public statement, involving Bitcoin and the US dollar debt market. He proposed that if the US dollar debt crisis breaks out, the value of Bitcoin may “go to infinity”. His logic is that the debt crisis will seriously impact the sovereign credit of the US dollar, and the allocation value of Bitcoin, which has a constant total supply and is decentralized, to hedge credit risk will be greatly pushed up. This statement is only the personal judgment of the executive.

Westinghouse Air Brake (WAB) Signs $700 Million-Plus Rail Services Deal. Can Profits Grow?

2026/9/23 09:43:50

US rail transit equipment manufacturer Westinghouse Air Brake (ticker code: WAB) recently signed a special railway service agreement with a total amount of more than 700 million US dollars, which is a large-scale business order in the same track landed by the company this year. The subsequent implementation pace of the contract and its pulling effect on related business segments are currently highly concerned by the market, and many parties are waiting to see whether this order can effectively drive the company’s profit growth.