The UK's FTSE 250 index fell 1.4%, on track for its biggest one-day drop since September.

Virgin Galactic: Flight test program is progressing as planned and is expected to begin in the third quarter of 2026. Most existing customers are expected to take space trips in 2027.

Domestic News: 1. Li Qiang will attend the SCO Prime Ministers' Meeting. 2. my country completes the first phase of 6G technology trials. 3. The People's Bank of China releases its October financial statistics report. 4. Ministry of Commerce: China is carrying out export controls on rare earth-related items in accordance with laws and regulations. 5. Reference News, citing foreign media: The US demands at least $350 billion in Taiwanese investment in the US. 6. Vice Foreign Minister Sun Weidong lodges a strong protest against Japanese Prime Minister Sanae Takaichi's erroneous remarks and actions regarding China. 7. Wu Qing, Chairman of the China Securities Regulatory Commission, visits financial regulatory authorities in France and Brazil and holds talks with representatives of international institutional investors. 8. The "Draft Amendment to the Banking Supervision and Administration Law of the People's Republic of China" may soon enter the formal review process. 9. Have Dutch representatives come to China to discuss the Nexperia semiconductor issue? The Ministry of Commerce responds: We hope the Dutch side will propose a substantive and constructive solution as soon as possible. International News: 1. Foreign media: Trump plans to attend the Davos meeting in January next year. 2. Apple launches Mini Program partner program: commission reduced to 15%. 3. Mile plans to relax glacier protection regulations, accelerating investment in Argentine copper mines. 4. The US reaches trade agreements with some Latin American countries, mainly involving agricultural products. 5. IEA monthly report: Oil demand growth is expected to slow in the fourth quarter, while supply will increase further. 6. India approves 250.6 billion rupee export promotion plan: ensuring "Make in India" has a greater influence in the world market. 7. European financial stability officials discuss alternative mechanisms to the Federal Reserve's dollar liquidity support to reduce dependence on the US under Trump's administration. 8. Aftermath of the US government shutdown—① White House officials say the shutdown has resulted in approximately 60,000 private sector job losses; the October jobs report will be released soon, but will not include the unemployment rate. ② The Department of Agriculture begins releasing data delayed due to the shutdown. ③ The Bureau of Labor Statistics: is working to determine the release date of revised data following the government shutdown. 9. Federal Reserve— ① Daly: It's too early to say whether or not a rate cut will occur in December; I'm open to the possibility. ② Mussalim: Policy is approaching neutral; there's limited room for easing, so caution is needed. ③ Hamak, the most hawkish official: Current interest rates are virtually unlimited and need to be kept restrained to curb inflation; the neutral interest rate has been rising recently, and the weakening dollar has brought it closer to its "theoretical fair value." ④ Kashkari: I do not support a rate cut in October; there are reasons for both a December rate cut and no cut.