Jin10 Data Saturday Important News Summary

On October 24, according to Jin10 Data, domestically, gold jewelry prices continued their downward trend, with Zhou Liu Fu's pure gold falling below 1,200 yuan. The National Bureau of Statistics stated that 22 products saw price increases in mid-October, while pig prices dropped 4.9% month-on-month; Cui Dongshu stated that China's combined production of power and other batteries reached 237 GWh in September, a year-on-year increase of 57%.

The Ministry of Commerce stated its firm opposition to the US discriminatory expansion of investment restrictions on China. Wang Huning accompanied North Korean Supreme Leader Kim Jong Un on his visit to Dandong. Rumors of discontinuation for some models of NVIDIA's consumer graphics cards are shaking up the computer parts market in Huaqiangbei.

Internationally, local opposition intensifies across the United States, with S&P warning of rising credit risks for data centers; the Amazon CEO stated that the company's cloud service capacity has been sold out through 2027. France's Interior Minister announced that police arrested 135 individuals and seized weapons. Regarding the Middle East situation, the US side stated that the threat from Iran has reached its highest level since the outbreak of war, prompting some embassies to begin downsizing staff; a US think tank reported that there were 28 attacks on commercial ships in the Strait of Hormuz in October, setting a record.