Briefing: Saturday, October 1st, the sixth day of the ninth lunar month – Happy National Day!

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1. Beyond expectations! In September, China’s manufacturing purchasing managers’ index was 50.1%, returning to the expansionary range. 2. First cut in 7 years! The central bank reduced the interest rate on loans for first-time homebuyers using personal housing provident funds by 0.15 percentage points. 3. Two departments: By the end of next year, residents who exchange their homes can enjoy a tax refund for the personal income tax they have paid on their current home. 4. Han Xu scores 19 points! The Chinese women’s basketball team defeated the host country, Australia, and advanced to the World Cup finals. 5. The Ministry of Education has announced a list of 44 competitions for primary and secondary schools; the results of these competitions cannot be used as a basis for admission or as extra points in the college entrance examination. 6. The spot exchange rate of the RMB against the US dollar regained the 7.10 level, with a cumulative decline of nearly 3% in September. 7. Official announcement! Geely Holding acquired a 7.6% stake in Aston Martin Lagonda. 8. The C919 large passenger aircraft has been successfully developed and has obtained its type certificate; the first aircraft will be delivered by the end of the year. 9. First freeze on recruitment! Zuckerberg told Meta employees to cut costs and drastically reduce budgets. 10. Putin signed treaties for four regions to join Russia, while Zelenskyy submitted Ukraine’s application to join NATO. 11. The U.S. Senate passed a short-term funding bill, agreeing to provide an additional $12.3 billion in aid to Ukraine ； Norway will provide Ukraine with financial assistance amounting to 3 billion kroner. 12. Beyond expectations! The Eurozone’s CPI rose by 10% year-on-year in September, reaching double digits for the first time.