CBN News, October 23, 2026, 08:09:06 - Listen to the news
Author: Yicai Information Editor-in-Chief: Luo Yi
On October 22, the National Development and Reform Commission announced a new version of the "Administrative Measures for Foreign Investment," which better safeguards the development and security of foreign investment in terms of regulations. The administrative measures consist of 76 articles and are divided into six chapters: General Provisions, Guidance and Services for Foreign Investment, Supervision of Foreign Investment, Protection of Foreign Investment, Legal Responsibilities, and Supplementary Provisions. These measures will come into effect on December 1, 2026, and at that time, the "Administrative Measures for Enterprises' Overseas Investment" issued in 2017 will be simultaneously repealed.
►►According to China Fund News, on October 22nd, several fund companies including E Fund, Huaxia Fund, Fullgoal Fund, and Huitianfu Fund successively announced that they would subscribe to their own active ETF funds with a total of 200 million yuan of their own funds. Just two days prior to that, Morgan Fund took the lead in announcing a self-purchase plan of up to 500 million yuan. Thus, in the first round of fundraising for active ETF, the four fund companies plan to invest a total of 1.3 billion yuan in self-purchases. It is reported that more fund companies are set to join this trend of self-purchases. At a time when the market is experiencing a correction, both domestic and foreign-funded fund companies are initiating self-purchases, demonstrating their confidence in the A-share market and the future operation of their products.
►► According to Yu Yuan Tan Tian, on October 16th, the Ministry of Commerce and the Ministry of Science and Technology publicly solicited opinions on revising the "Catalogue of Technologies Prohibited and Restricted from Export in China" (hereinafter referred to as the "Catalogue"). Among these, there are 23 technologies in the field of artificial intelligence, including large models, intelligent agents, computing power clusters, information processing, etc. After the release of the Catalogue, some people raised questions: China emphasizes technological openness, so why has it suddenly imposed "export restrictions" on certain technologies? Could this be a signal of a policy shift? It is reported that since the announcement of the policy, two leading companies, DeepSeek and MiniMax, have successfully completed the registration procedures and have achieved open-source development as well as overseas licensing for use. In their related responses, the Ministry of Commerce provided more detailed explanations for what is not subject to regulation than for what is. This also indicates that the core of the Catalogue is to delineate boundaries, rather than simply restricting the export of certain technologies.
►►According to the Shanghai Securities News, on October 22, market reports indicated that the domestic large-scale model company DeepSeek (Deep Exploration) plans to raise approximately 100 billion yuan (about 15 billion US dollars) in its latest round of financing. Tencent and CATL are the largest investors in this round, and the transaction is expected to be officially completed in the coming days.
As of now, DeepSeek and related investors such as Tencent have not made any public responses. Reporters have cross-verified this information from multiple sources close to the company and investors and confirmed that the above news is true. According to insiders, the initial target for this round of financing was set at 50 billion yuan, which was later increased to around 100 billion yuan after several rounds of adjustments. The final amount has not yet been officially announced and is still not fully determined. This funds will continue to be used for model training, infrastructure construction, and talent recruitment in order to support DeepSeek in competing globally. Some insiders also believe that this round of financing will pave the way for the company's upcoming Sci-Tech Innovation Board IPO.
►► The three major U.S. stock indices showed mixed movements. As of the close, the Dow Jones Industrial Average rose by 0.02%; the Nasdaq Composite Index fell by 2.60%, recording its largest single-day decline since June; the S&P 500 Index dropped by 1.21%.
Leading technology stocks generally fell. Meta dropped by 6.98%, Amazon fell by 4.57%, NVIDIA fell by 4.40%, Google and Tesla both fell by 3.08%, Microsoft fell by 2.23%; Apple, however, rose by 1.23% against the trend.
Chip stocks tumbled significantly, with the Philadelphia Semiconductor Index falling by 6.72%. Micron Technology dropped by 8.70%, AMD fell by 8.10%, Intel fell by 8.04%, and TSMC ADR fell by 4.52%.
Storage and optical communication stocks also came under pressure, with Sandisk falling by 8.51% and Seagate falling by 7.86%; Coherent Technologies and Lumentum fell by 12.51% and 11.54% respectively.
Most popular Chinese concept stocks fell, with the NASDAQ Golden Dragon China Index dropping by 1.19%. NetEase fell by 3.50%, Xpeng Motors by 3.10%, Alibaba by 2.48%, NIO by 1.49%, and Baidu by 1.07%; Ctrip rose by 0.66%, and Pinduoduo by 0.57%.
►►Japanese and Korean stock markets opened lower collectively, with the Nikkei 225 index falling by 0.38%, and the South Korean KOSPI index dropping by 2.36%.
8-day, 5-board iceberg of hot and cold: Abnormal fluctuations in stock trading; The company's ice and snow venue business has not yet confirmed revenue.
Changdian Technology: Plans to Increase Investment Plan for 2026 to 18.2 Billion Yuan
Zhongtung High-tech: Its subsidiary, Zhuhang Company, plans to invest 131 million yuan in the PCB Drill Bit and Rod Quality Improvement and Efficiency Enhancement Project
Zhen'an Technology: Plans to acquire no less than 51% of the equity in Shenzhen Sanwei, expected to constitute a major asset reorganization
To Shang Technology: Plans to use 110 million yuan of surplus raised funds to invest in an expansion project for optical communication products
Tianfu Communications: There has been no significant change in the production increase pace of CPO / NPO recently. The current import and export policies announced do not affect the company's business.
Zhongwei New Materials: Plans to Acquire the Remaining Equity of HML and Subscribe for the Rights Issue of ANHI to Integrate Nickel Mine Resources
Dongguangyang: Net profit in the first three quarters decreased by 29.57% year-on-year
Yongxing Materials: Net profit in the third quarter increased by 220.65% year-on-year
Huazheng New Materials: Net profit in the third quarter increased by 3045% year-on-year, with rising unit prices and sales volumes of copper-clad laminates
Xingyun Technology: Q3 Net profit increases by 655% month-on-month; Server trading business has achieved scaled delivery since August
Honghe Technology: Net profit in the third quarter increased by 608% year-on-year and 52% quarter-on-quarter
Sanfu Xinkē: Chairman proposes to repurchase shares for 25 million to 50 million yuan
Maijie Technology: Plans to repurchase company shares for 50 million to 100 million yuan
Guodu Securities: The market is consolidating at lower volumes, waiting for volume to confirm the bottom.
Jinyuan Securities: Investors are advised to wait patiently for the signals on the right side.
First venture: Be cautious and wait for a significant increase in volume with a positive candlestick. Pay attention to dividends or hold onto your coins.
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