Front-month fuel oil contract rallied 4.00% intraday to 4,281 yuan/ton.

國外 1. 惠譽：預計2027年油市將重回大幅過剩。 2. 惠譽：上調2027年石油和2026-2027年TTF天然氣價格預期。 3. 美國銀行：如果伊朗戰事久拖不決，油價可能攀升至每桶150美元以上。 4. 富達投資：黃金的公允價值已達到每盎司5000美元。 5. 盛寶銀行：金價正與利率逐步脫鉤，黃金ETF持倉量升至七個月來最高水平。 6. 標普全球：澳大利亞經濟三季度末走弱，9月增長動能持續流失。 國內 1. 中信證券：超節點推動機櫃級部署，交換芯片與交換機價值量有望提升。 2. 中信證券：建議關注Kimi等基座模型廠商和AI應用生態的發展潛力。 3. 中信建投：保險板塊中長期配置價值突出。 4. 中金公司：國產算力芯片有望支持國產模型向10T-20T參數量平臺持續擴張。 5. 銀河證券：美聯儲加息擡升無風險利率，AI步入理性驗證。 6. 申萬宏源：油價或將在2026年末至2027年初逐季下行至75美元附近。 7. 華泰證券：AI算力建設驅動矢量網絡分析儀需求。 8. 申萬宏源：下半年10年期美債收益率核心波動區間或在4.5%至5%。

On Sept. 23 Guizhou governor Li Bingjun hosted a roundtable with AI entrepreneurs and called for research to introduce stronger, more targeted support policies. He urged leveraging Guizhou’s stable power supply, leading compute-capacity base and diverse application scenarios to spur corporate innovation. He directed consolidation of compute resources, tighter coordination between compute and power, and stronger use of existing intelligent-computing centers to cement AI infrastructure support. He pushed for wider opening of application scenarios and public data, dynamic updating of demand lists and improved supply–demand matching, accelerating representative deployments in key industries and in education, healthcare and audiovisual sectors to address systemic issues and cultivate new growth drivers. He also called for enhanced talent services and support for companies as primary recruiters and users of talent.