1. Reuters: The Trump family profited over $800 million from its crypto business in the first half of 2025. 2. Glassnode: If Bitcoin cannot regain its footing above $113,000, it could fall to $88,000. 3. Beijing releases "19 Measures for Mergers an

1. Xi Jinping will arrive in Busan, South Korea. 2. Ministry of Foreign Affairs: Willing to work with the US to promote positive outcomes at the meeting between the Chinese and US leaders. 3. Central Huijin and other ETF holdings increased by over 200 billion yuan in a single quarter. 4. The special fund for the development of strategic emerging industries of central state-owned enterprises was launched, with an initial scale of 51 billion yuan. Individual Stock News 1. Kweichow Moutai: Q3 net profit of 19.224 billion yuan, up 0.48% year-on-year. 2. Foxconn Industrial Internet: Q3 net profit of 10.373 billion yuan, up 62.04% year-on-year. 3. New E-Sun: Q3 net profit of 2.385 billion yuan, up 205.38% year-on-year. 4. WuXi AppTec: Controlling shareholder plans to reduce holdings by 2% within March. 5. Tianqi Lithium: Q3 net profit of 95.4855 million yuan, up 119.26% year-on-year. 6. China Rare Earth: Q3 net profit was RMB 30.4752 million, a year-on-year decrease of 26.43%. 7. CICC: Q3 net profit was RMB 2.236 billion, a year-on-year increase of 254.93%. 8. Sinopec: Q1-Q3 net profit was RMB 29.984 billion, a year-on-year decrease of 32.2%. 9. Midea Group: Q3 net profit was RMB 11.87 billion, a year-on-year increase of 8.95%. 10. Jinma Amusement: Q3 net profit was RMB 55.0895 million, a year-on-year increase of 5058.03%. 11. CICC: Q1-Q3 net profit increased by 130% year-on-year, mainly due to increased net fee and commission income. 12. Shede Spirits: Q3 net profit was RMB 28.734 million, a year-on-year decrease of 63.18%. 13. Laobaigan Liquor: Q1-Q3 net profit decreased by 28% year-on-year, due to weak demand and reduced shipments. 14. Shaanxi Coal Industry: Q3 net profit was 5.075 billion yuan, a year-on-year decrease of 26.59%. 15. Nanfang Precision: Q3 net profit was 137 million yuan, a year-on-year increase of 190.98%. 16. Huahong Technology: Q1-Q3 net profit increased by 7111% year-on-year, with strong performance in rare earth resource utilization leading to a significant improvement in revenue compared to the same period last year. 17. Tianfu Communication: Q1-Q3 net profit increased by 50.07% year-on-year, driven by continued stable growth in demand for high-speed optical devices. 18. Penghui Energy: Q3 net profit increased by 977% year-on-year, driven by strong product sales and increased orders. 19. Shangwei New Materials: Acquired 135 million shares of Renzhiyuan Hengyue through a tender offer; the acquisition result has been confirmed, and trading has resumed. 20. Chuangye Heima: Signed a strategic cooperation framework agreement with Shanghai Xinhong. 21. Guobo Electronics: Developed silicon-based gallium nitride power amplifier chips in collaboration with leading domestic terminal manufacturers. 22. Lingyi Intelligent Manufacturing: Plans to acquire 96.15% equity of Zhejiang Xianglong for RMB 2.404 billion to accelerate and deepen its automotive industry layout.

Bank of Japan Governor Kazuo Ueda: We will make an appropriate policy decision based on the actual interest rate at the next meeting.