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Several banks cut interest rates on small deposits in foreign currenciesAccording to incomplete statistics, recently, there have been "workers and farmers in the establishment of diplomatic relations" and other state-owned large banks, China Merchants Bank, Guangfa, Everbright and other joint stock banks have lowered some foreign currency deposit rates. From the adjusted foreign exchange deposit rate, the current one-year and two-year U.S. dollar and Hong Kong dollar, deposit interest rate in most of the above-mentioned banks in the deposit currency of the higher level, both 0.35%. The euro, yen and Swiss franc have the lowest deposit rates in each currency, at just 0.0001 per cent, and are close to zero.

Shanghai Lingang New Area Smart Network Bus and Smart Road Test Demonstration Line Start TestOn the morning of September 30, shanghai Lingang new area around the lake all the way intelligent network bus and smart road test demonstration line officially started testing. The first self-driving vehicles to enter the open test were buses from China Zhongqi, Deep Blue Technology, shang Tang Technology, Zhongzhi Bank passenger cars, the same road technology, SAIC Chase's unmanned sweepers and so on. (Interface)

Shenzhen large-scale cash management pilot from October 10 to carry out personal access more than 200,000 need to registerAs one of the first cities to participate in the pilot, shenzhen large cash management pilot work will be officially launched on October 10. Shenzhen to public customers of large cash management amount starting at 500,000 yuan, private customers of large cash management starting point of 200,000 yuan.

 Nearly 600 companies reveal three-quarter earnings forecasts, mixed results and worriesUp to now, 591 A-share listed companies have forecast the results of the third quarter of 2020, with a total of 244 companies reporting pre-growth, slight increase, continued profit and turnaround, accounting for 41.29% of the total number of companies that have issued earnings forecasts; Companies that are expected to see significant growth are concentrated in industries such as building materials, pharmaceutical biology and computers, which have been less affected by the outbreak.

Playboy will be listed on NASDAQPlayboy magazine publisher Playboy Enterprises inc. said in a statement that it would re-list the company through a merger with special-purpose acquisition company Moonain Crest, which values the company at $381 million. The deal is expected to close in the first quarter of 2021 and the combined company will be led by Playboy CEO Ben Kohn and will be listed on NASDAQ under the code "PLBY."

Artes Sunshine Power Financing 1.78 billion yuan: seeking to break up the domestic listing, Dingyi, Yuanyuan heavy yuan into the bureauOn September 30th CSIQ announced a Rmb1.78bn (US$260m) financing agreement for Ates Sunshine Power Group, a subsidiary of its component and systems solutions business, bringing in a number of well-known institutional investors and strategic partners (third-party investors), including Dingyi Investment and Yuanyuan. The capital financing is an important step in the spin-off of Artes Sunshine Power Group and its eligibility to list in China.

Mid-Autumn National Day holiday Zhengzhou Foxconn overtime production of iPhone 12 new employees reward 9000 yuanReporters learned from relevant sources, the current Foxconn Zhengzhou factory's latest policy is job seekers, introducers bonuses of 9000 yuan, 500 yuan, according to the interview date from October 2, new employees must be on duty for more than 90 days and effective attendance of 55 days; Their entry policy is to do the required 3 months to get 11,000 yuan reward. (Kotsun Board Daily)

Tesla announces price cuts for two domestic models for a minimum of 249,900 yuanOn October 1st, Tesla officially announced a price cut for two domestic models: the Chinese-made Model 3 Standard Life Upgrade, which sold for 249,900 yuan (originally priced at about 290,000 yuan), and the Chinese-made Model 3 long-range rear-wheel drive, which sold for 309,900 yuan (originally about 340,000 yuan). It is understood that the standard battery life upgrade reduced to 2499 million yuan, thanks to the use of Ningde era to provide lithium iron phosphate batteries. Earlier in June, the Ministry of Industry and Information Technology announced the promotion of new energy vehicles catalog, there has been a domestic version of the lithium phosphate battery Tesla Model 3 standard battery life version of the information, battery life mileage data and reduced price models consistent.

【After Huawei was banned, Nokia announced that it had signed a 5G device agreement with BT】On September 28th Nokia announced that it had signed a major 5G equipment supply agreement with BT, the UK's largest telecoms operator, according to CNBC. Under the deal, Nokia will provide 5G equipment and services to BT's 11,600 radio stations, according to people familiar with the matter. (Global Network)

Beijing interview qing orange bike: by the end of October will be illegally put out of BeijingAccording to the Beijing Daily, on the afternoon of September 30, the Beijing Municipal Transportation Commission made an urgent interview with the Qing orange bike operator and ordered it to ship the illegal green orange bike out of Beijing by the end of October.

October 1 box office 750 million yuan exceeded expectations, "Me and my hometown" "Jiang Zi tooth" accounted for more than 85% of the proportionAccording to preliminary statistics of the State Film Office, on October 1st, the national film market produced 750 million box office and nearly 19 million movie-watching people. In terms of new films, the animated film "Jiang Zifang" box office of more than 360 million yuan, won the first day of the National Day box office champion, but also to refresh the previous "Which Demon Child" maintained the first day of the Chinese film market box office record (144 million);

On the 11th day, the country received nearly 100 million visitors and realized tourism revenue of 76.65 billion yuan.Reporter October 1 from the Ministry of Culture and Tourism was informed that the First Day of the National Day Mid-Autumn Holiday, the country received a total of 0.97 million domestic tourists, according to the compared caliber recovery of 73.8% YoY; (Xinhua Viewpoint)

India to launch domestic app store to replace Apple and GoogleIndia is planning to launch its own app store to replace apple and Google app stores, the Economic Times of India reported on October 1st, citing government sources familiar with the matter. Unlike the Google and Apple stores, the store does not charge 30 per cent, the sources said. (Interface)

Goldman Sachs to buy GM credit card business for $2.5 billion, sources sayGoldman will buy GM's credit card business for about $2.5 billion, according to people familiar with the matter. GM's credit card issuer, Capital One Financial, and Goldman Sachs have agreed on a deal that is expected to be finalised in the coming weeks. It will be Goldman's second major collaboration in the credit card sector since it launched a joint credit card with Apple last year.

Oppenheimer raises Alibaba's target price to $325 to maintain better than broader market ratingOppenheimer, the investment bank, raised Alibaba's target price to $325 from $290 and maintained a better rating than the broader market. Analyst Jason Helfstein said there was growing confidence in Alibaba's "digital economy strategy" and said its strategic investments were paying off. He said Alibaba Cloud was on track to turn a profit and rookies would achieve positive operating cash flow in fiscal 2021. (Sina Finance)

Microsoft Outlook fails again, affecting users around the worldMicrosoft's e-mail service, Outlook, reportedly failed again, with users around the world reporting problems with their email accounts that could not be used properly. Hours after the problem, Microsoft said it had identified the cause of the outage, which was caused by a software "configuration update." Microsoft initially said users in India were the main group affected, but later confirmed that the problem affected users around the world. This is the second time this week that Microsoft has experienced an outage. (CCTV Finance)

Facebook to ban ads that try to lose legitimacy in U.S. electionFacebook announced Wednesday that it will not allow any ads on its service that attempt to illegalize the election results, including the upcoming U.S. election on November 3. Rob Leathern, Facebook's director of product management, wrote on Twitter: "Last week we said we would ban ads that prematurely declared victory. Now, we won't allow ads with content that tries to legitimize the election results. Mr Leith said the new policy would apply to ads on Facebook and Instagram with immediate effect.

SpaceX Dragon spacecraft goes to space station at end of October, astronauts name "Toughness"NASA and SpaceX decided to launch the Dragon spacecraft Crew-1 manned mission to the International Space Station on October 31st EST. Previously, SpaceX's manned Dragon spacecraft was named Resilience. (News)

Gao Qiquan, Global Executive Vice President of Ziguang Group, leaves DRAM business to be taken over by Yuxiong SakamotoAccording to media reports on October 1st, Gao Qiquan, known as the "Godfather of Storage in Taiwan", officially left Ziguang Group on September 30, 2020, and Ziguang Group confirmed that it did, mainly due to the expiration of a five-year contract. As for why the two sides failed to continue to cooperate, Ziguang Group said that this is Gao Qiquan's own decision. After Mr. Gao leaves office, his DRAM business will be handed over to Yushi Sakamoto, Senior Vice President of Ziguang Group and CEO of the Japan branch. (China Securities Network)

Several U.S. giants cut jobs in a dayOn September 30, local time, U.S. media reported that in the past 24 hours, several major U.S. companies announced large-scale layoffs. Disney said it would cut 28,000 jobs in its parks, experience and consumer goods divisions because of the long-term closure of its California theme parks; Dow, the materials science company, announced a 6 percent global reduction in operating costs, but did not disclose the number of job cuts; royal Dutch Shell announced plans to cut 7,000 to 9,000 jobs by the end of 2022; and Marathon Oil, the second-largest U.S. refiner, announced that it would begin extensive layoffs. (CCTV)

Beijing's first MEMS chip production line between production and productionOn September 29, the "8-inch MEMS International Foundry Line Construction Project" invested in the construction of the holding subsidiary of Sai Microelectronics Co., Ltd. was put into operation with a production capacity of 10,000 pieces/month. It also marks the first commercial mass production in Beijing, the world's most advanced 8-inch MEMS chip production line into the actual production phase. It is understood that the project phased construction, and eventually fully reached the post-parto production capacity will form 30,000 pieces / month. (Beijing Business Daily)

70% of U.S. small and medium-sized theaters on the verge of bankruptcy 100,000 people may lose their jobsAbout 100,000 people working in the industry could lose their jobs as 70 percent of U.S. small and medium-sized theaters are at risk of bankruptcy as a result of the new crown pandemic, the National Association of Theater Owners (NATO) said Wednesday. In a letter to U.S. congressional leaders, the association said the industry needed government support to recover from the "devastating fiscal shock" caused by the new coronavirus.

Sources say dealers will get the iPhone 12 on October 5According to GSM Arena, @Jon Prosser said the first iPhone 12 phones will be delivered to dealers on October 5. The first iPhone 12 models included the 5.4-inch and 6.1-inch iPhone 12 mini and iPhone 12 Max models. It follows news that Apple will hold the launch of the iPhone 12 on October 13.

Microsoft Releases Surface Laptop Go: Starting at $549 for Entry UsersOn the evening of October 1st it was announced that Microsoft had just officially released a cheap version of the Surface Laptop, called the Surface Laptop Go, which features a 12.4-inch screen that starts at $549 ($3,727), while Microsoft also released a second-generation Surface Pro X that was upgraded to the SQ2 processor. The Surface Laptop Go features a 12.4-inch Pixel Sense touch display with a resolution of 1536×1024, which is smaller and more portable than the Surface Laptop. Surface Laptop Go is available in bright platinum, ice crystal blue and sandstone gold. (Sina Technology)

Japanese factory launched the "Russian Block" Mini game console, the body is small and delicate price of 106 yuanJapanese manufacturer GAMETECH recently unveiled a "Russian Block" officially authorized Mini game console, which is equipped with the classic pixel wind "Russian Block" game, the body is very small, there are six color schemes. The built-in "Russian Block" game is available in three modes: "Marathon Mode" with a maximum score of 9990, "Super Mode" with a 2-minute time limit, and "20 Line Mode" that challenges you to clear up to 20 rows of blocks. The console, which will go on sale on October 8 this year, will cost 1,650 yen (about 106 yuan) after tax.

Huawei President of Italy: The company is prepared to undergo a thorough review to prove that it does not pose a security threatOct 1 (Reuters) - Huawei is ready to undergo a thorough review to prove that its technology does not pose any risk to countries that will use its equipment in the construction of 5G networks, luigi de Vyce, president of Huawei's Italian subsidiary, said on Wednesday. Despite all the pressure, Huawei has no intention of exiting the Italian market and is considering launching more products in areas such as energy, Mr. Vickers said. "Given the current situation, huawei's exit from the Italian market is highly unlikely, " he said. (Interface)

Wang Zhonglei on cash flow: Huayi's financing ability is very strongWang Zhonglei, vice chairman and CEO of Huayi Brothers, said in the face of how to alleviate Huayi Brothers cash flow situation, Wang Zhonglei said, "We do not have to worry, Huayi's financing capacity is very strong, we are doing about 2 billion fixed increase, while we also in the financial sector to do a new model of cooperation on film projects, but also add some fund methods." (New Beijing News)

Yesterday's Morning Post reviewed ⇒ China is preparing to launch an antitrust investigation into Google; Tencent is rewarding 10,000 employees with a 16,999 yuan Huawei phone each; and Jack Ma is no longer a director of Alibaba Group Bang Morning Post

The annual DEMO CHINA Innovation China Autumn Summit is on schedule.

The DEMO CHINA Innovation China Autumn Summit will be held on October 17th and 18th, 2020, at Chengdu West China International Expo City, continuously empowering urban innovation services and innovative ecology, providing a variety of innovative and entrepreneurial platforms full of unlimited possibilities to help enterprises install the twin engines of technological innovation and capital assistance.

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