2026-10-28 每日要闻2026-10-28 Daily Brief

OpenAI 与甲骨文扩大合作，把 ChatGPT 和 Codex 接入甲骨文全线产品OpenAI and Oracle expand partnership, bringing ChatGPT and Codex across Oracle's products

甲骨文发布 Oracle AI Workspace、AI Security Mesh、App Composer 和面向中小企业的 AI SMB Bundle。Oracle announced Oracle AI Workspace, AI Security Mesh, App Composer and an AI SMB Bundle for small businesses.

ChatGPT 上线 iCloud 邮件和日历插件ChatGPT adds iCloud Mail and Calendar plugin

用户可把 iCloud 邮件和日历接入 ChatGPT；需要苹果“App 专用密码”。所有套餐可用，支持网页、桌面端和 iOS。Users can connect iCloud Mail and Calendar to ChatGPT using an Apple app-specific password. Available on all plans, on web, desktop and iOS.

微软发布 MAI Image 2.7 图像编辑模型，排行榜进前三Microsoft releases MAI Image 2.7 image-editing model, debuts in top three

预览版发布即排 Arena Edit 第 3、Artificial Analysis 图像编辑榜第 2；在风格和场景编辑上领先第二名 24 Elo。The preview debuted at #3 on Arena Edit and #2 on Artificial Analysis's image-editing leaderboard, leading the runner-up by 24 Elo on style and scene edits.

百度发布并开源文心 Unlimited OCR 2Baidu releases and open-sources Wenxin Unlimited OCR 2

官方称首次实现任意页数文档解析，在 MPDocBench 和 MarathonDocBench 上分别得 84.6 和 77.1 分。Baidu says it is the first to parse documents of any page count, scoring 84.6 on MPDocBench and 77.1 on MarathonDocBench.

Anthropic 公布用 Claude 加速药物研发的早期进展Anthropic shares early progress using Claude to speed up drug development

已与 BigHat、百时美施贵宝、Divergence Labs、Enveda、Generate Biomedicines、The Column Group 六家机构合作，并启动包括儿童罕见型肌营养不良在内的自研药物项目。Working with six organizations (BigHat, Bristol Myers Squibb, Divergence Labs, Enveda, Generate Biomedicines and The Column Group) and starting in-house programs including a rare pediatric muscular dystrophy.

Anthropic 推出 Claude for Financial Advisors 插件（补充）Anthropic launches Claude for Financial Advisors plugin (supplementary)

可连接托管机构、投资组合、CRM 和规划工具，并提供面向财务顾问的工作流技能。Connects to custodians, portfolios, CRM and planning tools, with workflow skills for financial advisors.

Liquid AI 发布开源权重 LFM3 模型家族：六款约 2B 参数模型覆盖文本、视觉、音频和全模态Liquid AI releases the open-weight LFM3 family: six ~2B-parameter models covering text, vision, audio and omni

六款模型都基于 LFM3-1.7B-Base，包括文本、视觉、音频、全模态（omni）各一款和两款决策模型（d1-2B、d1-Omni-2B）；预训练 22T tokens。官方称 LFM3-1.7B 比 LFM2.5-2.6B 少用 35% 参数但表现更好；文本模型 4 位量化约 1 GB、上下文 256K，每款都能在单张 GPU 上微调。权重已在 Hugging Face 开放，Liquid AI API 同步可用。All six models branch from LFM3-1.7B-Base: one each for text, vision, audio and omni, plus two decision models (d1-2B, d1-Omni-2B); pre-trained on 22T tokens. Liquid AI says LFM3-1.7B beats LFM2.5-2.6B with 35% fewer parameters; the text model fits in about 1 GB at 4-bit with a 256K context, and every model can be fine-tuned on a single GPU. Weights are open on Hugging Face and available via the Liquid AI API.

Google DeepMind 发布 Genie 4 世界模型Google DeepMind releases Genie 4 world model

原生多模态，可生成音频，世界更逼真，可用自然语言实时调整场景；先以研究预览形式向受信测试者开放，面向影视预演、游戏原型和机器人训练。Natively multimodal with audio generation, more realistic worlds, and real-time scene steering in natural language; opened first as a research preview to trusted testers, aimed at film previs, game prototyping and robot training.

UEFI 固件参考实现 EDK2 曝出 9.5 分代码执行漏洞，影响大多数服务器Critical 9.5 code-execution flaw in UEFI reference firmware EDK2 affects most servers

漏洞编号 CVE-2026-97631，位于 TianoCore EDK II 的 ICMP 组件，可在操作系统和安全启动之前执行恶意代码；AMI、Insyde、Phoenix 等固件厂商广泛使用该代码。CVE-2026-97631 sits in the ICMP component of TianoCore EDK II and allows malicious code to run before the OS and Secure Boot; the code is widely used by firmware vendors such as AMI, Insyde and Phoenix.

苹果 Creator Studio 更新：Final Cut Pro 内置 MotionVFX，多款应用加入 AI 功能Apple Creator Studio update: MotionVFX built into Final Cut Pro, AI features across apps

Final Cut Pro 内置 MotionVFX 特效、插件、转场和动态图形模板，Content Hub 增加视频素材；Logic Pro 新增智能助手（测试版）和可分离鼓声的 Stem Splitter，Keynote、Pages、Numbers 也加入新的智能功能。Final Cut Pro gains built-in MotionVFX effects, plug-ins, transitions and motion-graphics templates, with more video in Content Hub; Logic Pro adds a smart assistant (beta) and Stem Splitter for drums; Keynote, Pages and Numbers get new intelligent features.

甲骨文推出自研 Oracle AI Media Models（预览）Oracle unveils its own Oracle AI Media Models (preview)

这是甲骨文首个基础模型家族，提供视频生成、图像生成和图像编辑，用获授权数据从零训练，先以 Beta 计划向部分客户开放。Oracle's first foundation model family, offering video generation, image generation and image editing, trained from scratch on licensed data; opened first to select customers via a beta program.

谷歌 Android“注册应用商店”计划开放申请（美国以外）Google opens applications for Android "Registered App Stores" (outside the US)

获批的第三方商店可一键安装、后台静默更新应用；美国以外的商店现可申请，相关体验将于今年晚些时候推送到部分设备。Approved third-party stores can install apps in one tap and update them silently in the background; stores outside the US can apply now, with the experience rolling out to some devices later this year.

抖音公告：近一个月处置色情低俗内容 39.3 万条，11.5 万个账号被梯度处置Douyin: 393,000 pieces of vulgar content removed in a month, 115,000 accounts penalized

措施包括清除违规涨粉、取消营利权限、禁止发布视频、禁言和封禁；公告列出了多账号串联导流、方言黑话等典型案例。Measures include removing illicit follower gains, revoking monetization, banning video posting, muting and suspending accounts; the notice lists typical cases such as multi-account traffic funneling and dialect slang.

商汤开源 SenseNova 6.8 Code2VideoSenseTime open-sources SenseNova 6.8 Code2Video

27B 参数（基于 Qwen3.8-27B 微调），先写代码再渲染出视频；可用自然语言反复修改，也能照参考视频用代码重建。27B parameters (fine-tuned from Qwen3.8-27B); writes code first, then renders video. Supports iterative edits in natural language and can rebuild a reference video in code.

YouTube 官方博客：Shorts 微短剧兴起，介绍发布系列剧集的新工具YouTube blog: Shorts micro-dramas on the rise, new tools for series

官方称 2026 年上半年 YouTube 微短剧播放量超过 65 亿次，观看时长同比增长超过 50%；亚太地区相关播放同比增长超过 70%。YouTube says micro-drama views exceeded 6.5 billion in H1 2026, with watch time up over 50% YoY; related views in Asia-Pacific grew over 70% YoY.

Vidu 参与制作的 AI 长片《三星堆》获上映许可并在全国上映Vidu-assisted AI feature film Sanxingdui gets a release permit and opens nationwide in China

由博纳出品，片长 100 分钟，没有真人演员。Produced by Bona Film Group; 100 minutes long with no live-action actors.

A 股四大指数集体下跌，创业板指跌 3.41%；恒指跌 0.73%All four major A-share indexes fall, ChiNext down 3.41%; Hang Seng down 0.73%

截至 10-27 收盘：上证指数 3,648.30 点（-1.33%），深成指 11,245.73 点（-2.50%），创业板指 2,548.15 点（-3.41%），科创综指 -3.93%；沪深成交 1.46 万亿元，缩量 1,478 亿元，超 4,900 只个股下跌，半导体领跌、银行股走强。恒生指数收 23,041.32 点（-0.73%），恒生科技指数 -1.48%。As of the Oct 27 close: Shanghai Composite 3,648.30 (-1.33%), Shenzhen Component 11,245.73 (-2.50%), ChiNext 2,548.15 (-3.41%), STAR composite -3.93%; Shanghai+Shenzhen turnover ¥1.46 trillion, down ¥147.8 billion, with over 4,900 stocks falling; semiconductors led losses while banks rose. Hang Seng closed at 23,041.32 (-0.73%); Hang Seng Tech -1.48%.

汇丰第三季度税前利润增 32% 至 96 亿美元，宣布最多 10 亿美元回购；港股收跌 5.56%HSBC Q3 pre-tax profit up 32% to $9.6B, buyback of up to $1B; HK shares close down 5.56%

收入 186 亿美元，税后利润 76 亿美元（+38%），有形股本回报率 17.7%，CET1 13.9%；第三次中期股息每股 0.10 美元。新华社报道汇丰控股 10-27 港股收跌 5.56%，报 134.3 港元；CNBC 称其营收略低于市场预期。Revenue $18.6B, profit after tax $7.6B (+38%), RoTE 17.7%, CET1 13.9%; third interim dividend $0.10 per share. Xinhua reported HSBC Holdings closed down 5.56% at HK$134.3 in Hong Kong on Oct 27; CNBC said revenue slightly missed expectations.

Visa 财四季度营收 121 亿美元、增 13%，调整后 EPS 3.48 美元超预期；盘后跌约 1.4%Visa fiscal Q4 revenue $12.1B, up 13%; adjusted EPS $3.48 beats; shares down about 1.4% after hours

支付量按固定汇率增 9%，跨境交易量（不含欧洲内部）增 14%；客户激励增 21% 至 51 亿美元。公司预计 2027 财年净收入增长为低双位数、EPS 增长为低双位数至低十几个百分点。Payments volume rose 9% in constant dollars and cross-border volume excluding intra-Europe rose 14%; client incentives rose 21% to $5.1B. Visa expects FY2027 net revenue growth in the low double digits and EPS growth from low double digits to low teens.

PayPal 第三季度营收 86 亿美元、增 2%，上调全年非 GAAP EPS 指引至约 5.60 美元PayPal Q3 revenue $8.6B, up 2%; full-year non-GAAP EPS guidance raised to about $5.60

非 GAAP EPS 1.45 美元（+8%），GAAP EPS 1.25 美元（-4%）；总支付量 4,871 亿美元（+6%）。CNBC 称营收低于 LSEG 预期的 87.1 亿美元，股价盘前跌约 1%。Non-GAAP EPS $1.45 (+8%), GAAP EPS $1.25 (-4%); total payment volume $487.1B (+6%). CNBC said revenue missed the LSEG estimate of $8.71B and shares fell about 1% premarket.

央行公开市场净投放 1.014 万亿元，含 1 万亿元隔夜逆回购PBOC injects a net ¥1.014 trillion via open market, including ¥1 trillion of overnight reverse repos

人民银行 10-27 开展 4,120 亿元 7 天期逆回购和 10,000 亿元隔夜逆回购，当日 3,980 亿元到期，净投放 10,140 亿元；另有 9,000 亿元 1 年期 MLF 到期。DR007 加权利率降至 1.35%。On Oct 27 the PBOC conducted ¥412 billion of 7-day and ¥1 trillion of overnight reverse repos against ¥398 billion maturing, a net injection of ¥1.014 trillion; ¥900 billion of 1-year MLF also matured. The DR007 weighted rate fell to 1.35%.

国家统计局：1–9 月规模以上工业企业利润增 15.5%，9 月增 14.4%NBS: China's industrial profits up 15.5% in Jan–Sep, up 14.4% in September

1–9 月利润总额 60,337.4 亿元；计算机、通信和其他电子设备制造业利润增 103.8%，汽车制造业下降 22.8%。CNBC 称 9 月增速为 6 月以来最快，AI 相关制造拉动明显。Total profits ¥6.03374 trillion in Jan–Sep; computer, communications and other electronic equipment manufacturing profits rose 103.8%, while auto manufacturing fell 22.8%. CNBC said September growth was the fastest since June, boosted by AI-related manufacturing.

美国 10 月消费者信心指数升至 91.7，远超预期；10 年期美债收益率约 4.995%US October consumer confidence jumps to 91.7, far above forecasts; 10-year Treasury yield about 4.995%

世界大型企业联合会指数较 9 月上升 7.5 点，市场预期 81.0；消费者 12 个月通胀预期 5.8%。同日公布 9 月耐用品订单增 1.8%。截至美东 10-27 下午，10 年期美债收益率 4.995%、2 年期 4.737%。The Conference Board index rose 7.5 points from September versus an 81.0 forecast; consumers' 12-month inflation expectations were 5.8%. September durable goods orders rose 1.8%. As of the afternoon of Oct 27 ET, the 10-year yield was 4.995% and the 2-year 4.737%.

Guidewire 拟以 17 亿美元现金收购保险 AI 定价公司 hyperexponentialGuidewire to buy insurance AI pricing firm hyperexponential for $1.7B in cash

另有最多 4 亿美元或有对价；资金来自 10 亿美元新定期贷款和自有现金，预计在 2027 财年第二季度完成。hyperexponential 总部在伦敦，为商业财产险承保定价提供软件。Plus up to $400M in contingent consideration; funded by a new $1.0B term loan and cash on hand, expected to close in Guidewire's fiscal Q2 2027. London-based hyperexponential makes underwriting and pricing software for commercial P&C insurers.

国际油价回落：布伦特跌 1.67% 至 113.88 美元，WTI 跌 1.83% 至 99.90 美元Oil retreats: Brent down 1.67% to $113.88, WTI down 1.83% to $99.90

截至 10-27 结算价。CNBC 称伊朗领导层讨论结束冲突的条件后油价下跌。Settlement prices on Oct 27. CNBC said prices fell after Iran's leadership discussed conditions for ending the conflict.

辉凌拟收购生殖科技公司 Gameto，总额最高约 13.8 亿美元（含里程碑）Ferring to acquire fertility-tech firm Gameto for up to about $1.38B including milestones

核心资产 Fertilo 用干细胞来源的卵巢支持细胞做体外卵子成熟，已在澳大利亚和部分拉美地区获准使用，美国 III 期正在进行。Its key asset Fertilo uses stem-cell-derived ovarian support cells for in vitro egg maturation; it is approved in Australia and parts of Latin America, with a US Phase 3 under way.

Teva 收购破产 BioXcel 的 BXCL501 和 IGALMI 资产Teva acquires bankrupt BioXcel's BXCL501 and IGALMI assets

通过破产法第 363 条程序完成收购：首付 5,750 万美元，另有最多 6,750 万美元或有付款。BXCL501 正在接受 FDA 居家使用审评。Completed via a Section 363 bankruptcy sale: $57.5M upfront plus up to $67.5M in contingent payments. BXCL501 is under FDA review for at-home use.

英伟达、AMD 共 40 亿美元入股 Meta；Meta 增发定价，普通股扩到 250 亿美元Nvidia and AMD invest a combined $4B in Meta; Meta prices offering, common stock upsized to $25B

英伟达投 30 亿美元并扩大 Vera Rubin 部署，AMD 投 10 亿美元。Meta 普通股每股 625 美元，规模由 225 亿上调至 250 亿美元；另发 2.5 亿股强制可转换优先股存托股（每股 50 美元）。Nvidia invests $3B and expands Vera Rubin deployment; AMD invests $1B. Meta common stock priced at $625 per share, upsized from $22.5B to $25B; plus 250 million depositary shares of mandatory convertible preferred stock at $50 each.

NOTE英伟达新闻页标 10 月 26 日，CNBC 写周二宣布。Nvidia's newsroom is dated Oct 26; CNBC says it was announced Tuesday.

甲骨文扩大与英伟达的芯片协议，并首次引入谷歌 TPU 和 CerebrasOracle expands Nvidia chip deal and adds Google TPUs and Cerebras for the first time

与英伟达的合作扩到“多吉瓦级” Vera Rubin，金额未披露；同时引入谷歌 TPU、SambaNova、Cerebras 推理芯片和自研 Acceleron 网络芯片。The Nvidia partnership expands to "multi-gigawatt" Vera Rubin, value undisclosed; Oracle also adds Google TPUs, SambaNova and Cerebras inference chips, and its own Acceleron networking chips.

Naver 与 Brookfield 签 90 亿美元算力基础设施协议，为英伟达入股扫清条件Naver and Brookfield sign $9B compute infrastructure deal, clearing a condition for Nvidia's investment

Brookfield 将设立特殊目的公司，投入最多 90 亿美元购置 GPU 和数据中心；AI 工厂计划 2027 年上半年以 55MW 起步，2028 年扩到 200MW。Brookfield will set up a special-purpose company investing up to $9B in GPUs and data centers; the AI factory starts at 55MW in H1 2027 and scales to 200MW in 2028.

Anthropic 与美国联邦总务署（GSA）扩大协议，政府采购 Claude 打六折Anthropic expands GSA agreement: Claude 40% off for government purchases

Claude Enterprise、Claude for Government 和 API 统一打六折，并扩展到州和地方政府；无最低采购额，预计节省约 10 亿美元，约 500 个机构已在用 Claude。Claude Enterprise, Claude for Government and the API all get 40% off, extended to state and local governments; no minimum purchase, expected savings of about $1B; about 500 agencies already use Claude.

Tenstorrent 完成 15 亿美元 E 轮融资，投后估值 62 亿美元Tenstorrent closes $1.5B Series E at $6.2B post-money valuation

由 Innovation X 联合领投；资金用于把 Galaxy AI 服务器推向量产并扩大全球客户。Co-led by Innovation X; funds will take Galaxy AI servers to volume production and expand global customers.

SK 海力士旗下 Solidigm 与美国商务部洽谈 450 亿美元美国新厂SK Hynix's Solidigm discusses a $45B US plant with the Commerce Department

据 Bloomberg，Solidigm 希望先获准向中国现有工厂运送设备进行升级，再决定是否推进这座美国首个大型闪存新厂；仍在洽谈。Per Bloomberg, Solidigm wants approval first to ship equipment to upgrade its existing China plant before deciding on what would be the first large new US flash plant; talks ongoing.

Physical Intelligence 洽谈融资至少 10 亿美元，估值约 200 亿美元Physical Intelligence in talks to raise at least $1B at about $20B valuation

据 Bloomberg 报道，现有投资方 Lux Capital 与 Avenir 洽谈领投，估值将较今年早些时候的 115 亿美元接近翻倍；仍在洽谈阶段。Per Bloomberg, existing investors Lux Capital and Avenir are in talks to lead; the valuation would nearly double the $11.5B from earlier this year. Talks are ongoing.

港股大模型股异动：智谱盘中涨超 12%，MiniMax 跟涨超 5%HK-listed model makers jump: Zhipu up over 12% intraday, MiniMax up over 5%

主要受 Anthropic 招股书带动；同文引用 OpenRouter 数据：10 月 19 日至 25 日中国模型调用量 93.54 万亿 Token，连续 26 周超过美国。Mainly driven by Anthropic's IPO filing; the same article cites OpenRouter data: Chinese models processed 93.54 trillion tokens Oct 19–25, topping the US for 26 straight weeks.

推理算力云 General Compute 完成 1 亿美元 A 轮Inference cloud General Compute raises $100M Series A

主打非英伟达推理芯片（SambaNova、Cerebras、Positron），此前与 SambaNova 签过 4 亿美元购芯协议。Focuses on non-Nvidia inference chips (SambaNova, Cerebras, Positron); previously signed a $400M chip purchase deal with SambaNova.

NXP 第三季度营收 37.9 亿美元，同比增长 19%，新增 50 亿美元回购授权NXP Q3 revenue $3.79B, up 19% YoY; new $5B buyback authorization

增长来自汽车、工业和数据中心基础设施。Growth came from automotive, industrial and data center infrastructure.

FDA 发布个体化基因组编辑产品 BLA 指南草案；CMS 扩大细胞与基因疗法准入模式FDA issues draft guidance on BLAs for individualized genome-editing products; CMS expands cell and gene therapy access model

指南提出“个体化特征空间（IFS）”：同一个 BLA 可容纳多个患者特异性变体，新变体只要在边界内，可凭原获批临床数据加体外数据补充申报，无需新的临床试验。这是监管草案，不是产品获批。The guidance proposes an "individualized feature space (IFS)": one BLA can cover multiple patient-specific variants, and new variants within its bounds can be added using the original approval's clinical data plus in vitro data, without new clinical trials. This is draft regulation, not a product approval.

辉大基因 DMD 体内碱基编辑疗法 HG302 首次人体试验发表于《Cell》，1 名受试儿童死亡HuidaGene's in vivo base-editing therapy HG302 for DMD published in Cell; one child died

4 名男孩接受治疗后，肌肉活检证实发生靶向编辑并有抗肌萎缩蛋白表达；1 名高剂量受试者死于与治疗相关的急性呼吸窘迫综合征。《Nature》评论称疗效有限。证据级别为早期临床（首次人体，n=4）。In 4 boys treated, muscle biopsies confirmed on-target editing and dystrophin expression; one high-dose participant died of treatment-related acute respiratory distress syndrome. A Nature commentary called efficacy limited. Evidence level: early clinical (first-in-human, n=4).

辉瑞 Elrexfio III 期 MagnetisMM-32 达到主要终点Pfizer's Elrexfio meets primary endpoint in Phase 3 MagnetisMM-32

在用过抗 CD38 和来那度胺的复发/难治多发性骨髓瘤患者中（n=523），单药对比三种标准方案显著改善无进展生存期；18 个月估计 PFS 为 68%，OS 尚不成熟。In relapsed/refractory multiple myeloma patients previously treated with anti-CD38 and lenalidomide (n=523), monotherapy significantly improved progression-free survival versus three standard regimens; estimated 18-month PFS was 68%, OS immature.

艾伯维向 FDA 递交 BCMA×CD3 双抗 etentamig 的 BLAAbbVie submits BLA to FDA for BCMA×CD3 bispecific etentamig

依据全球 III 期 CERVINO 研究（三类药物暴露、至少二线治疗后的患者）：双主要终点 ORR 74.0% vs 45.7%，PFS 风险降低 60%；每月给药。这是上市申请，尚未获批。Based on the global Phase 3 CERVINO study (triple-class-exposed patients after at least two prior lines): dual primary endpoints ORR 74.0% vs 45.7% and a 60% reduction in PFS risk; dosed monthly. This is a filing, not an approval.

Vanda tradipitant 预防 GLP-1 药物所致呕吐的 III 期研究阳性Vanda's tradipitant positive in Phase 3 for preventing GLP-1-induced vomiting

呕吐发生率 43.0% vs 安慰剂 58.5%（p=0.006）；严重呕吐 2.8% vs 14.6%（p=0.0003）。公司计划递交 sNDA。Vomiting incidence 43.0% vs 58.5% on placebo (p=0.006); severe vomiting 2.8% vs 14.6% (p=0.0003). The company plans to submit an sNDA.

NMPA 10-27 批件：恒瑞瑞马唑仑新增 ICU 机械通气镇静适应症NMPA Oct 27 approvals: Hengrui's remimazolam adds ICU mechanical-ventilation sedation indication

依据 HR7056-302 和 HR7056-206 两项关键研究；同批还有两款古代经典名方颗粒获批。属于国内新增适应症获批。Based on two pivotal studies, HR7056-302 and HR7056-206; two classical-formula granules were approved in the same batch. A new domestic indication approval.

Nature 子刊：肠道真菌 R. arrhizus 促进 MASLD 相关肝癌Nature Reviews journal: gut fungus R. arrhizus promotes MASLD-related liver cancer

这是《Nature Reviews Gastroenterology & Hepatology》对一篇《Cell Metabolism》研究的亮点介绍；证据来自小鼠模型（动物实验）。A research highlight in Nature Reviews Gastroenterology & Hepatology on a Cell Metabolism study; evidence comes from mouse models (animal study).

保时捷前三季度营业利润 17.4 亿欧元，交付量下降 16%Porsche nine-month operating profit €1.74B as deliveries fall 16%

销售收入 252.8 亿欧元（-5.9%），营业利润率 6.9%（上年同期 0.2%）；交付 178,532 辆，纯电占比 21.7%。公司称中国市场仍然艰难，维持全年指引。Sales revenue €25.28B (-5.9%), operating return on sales 6.9% (0.2% a year earlier); deliveries 178,532, BEV share 21.7%. Porsche says China remains challenging and confirms its full-year forecast.

通用汽车将从纽交所转至纳斯达克上市，11 月 17 日起交易GM to move its listing from NYSE to Nasdaq, trading from Nov 17

股票代码仍为 GM，纽交所交易至 11 月 16 日收盘；转板后有资格被纳入纳斯达克 100 指数。股东无需操作。The ticker stays GM, trading on NYSE through the Nov 16 close; the move makes GM eligible for the Nasdaq-100. No shareholder action required.

乘联分会：10 月乘用车零售预计约 160 万辆，同比下降 28.9%CPCA: China's October passenger-car retail expected around 1.6 million, down 28.9% YoY

环比下降 1.1%；新能源零售预计约 107 万辆，渗透率约 66.9%。9 月零售 161.8 万辆，同比下降 28%。Down 1.1% month on month; NEV retail expected around 1.07 million, a penetration rate of about 66.9%. September retail was 1.618 million, down 28% YoY.

崔东树：1–9 月汽车行业利润 2,675 亿元，下降 23%；9 月利润率 1.4%Cui Dongshu: auto industry profit ¥267.5 billion in Jan–Sep, down 23%; September margin 1.4%

乘联分会负责人崔东树发文称，1–9 月汽车生产 2,337 万台（-4%），收入 80,435 亿元（+2.6%），销售利润率 3.3%；9 月利润 142 亿元，下降 68%，利润率处于近 4 年低位。CPCA head Cui Dongshu wrote that Jan–Sep auto output was 23.37 million (-4%), revenue ¥8.0435 trillion (+2.6%) and the profit margin 3.3%; September profit was ¥14.2 billion, down 68%, with the margin at a nearly four-year low.

上汽集团前三季度销售 314.7 万辆，海外 116.6 万辆、增 52.4%SAIC sells 3.147 million vehicles in the first three quarters; overseas 1.166 million, up 52.4%

海外销量已超过 2025 年全年海外销量。Overseas sales have already exceeded SAIC's full-year 2025 overseas total.

本田高管：美国若把加拿大汽车关税从 25% 提到 50%，将是“灾难性的”Honda executive: raising US tariffs on Canadian autos from 25% to 50% would be "catastrophic"

美国本田企业事务高级副总裁 Jennifer Thomas 在路透汽车会议上表示，希望美加墨保留三边贸易框架；特朗普曾威胁若无协议，1 月 1 日起把加拿大整车和零部件关税翻倍。Jennifer Thomas, senior vice president of corporate affairs at American Honda, told a Reuters auto conference she hopes the US, Canada and Mexico keep a trilateral framework; Trump has threatened to double tariffs on Canadian vehicles and parts on Jan. 1 without a deal.

Waymo 在 5 个城市新增近 250 平方英里无人驾驶服务区Waymo adds nearly 250 square miles of driverless service in 5 cities

扩展覆盖洛杉矶、纳什维尔、奥兰多、圣迭戈和旧金山湾区，将在一周内陆续生效；Electrek 称 Waymo 目前在美国 15 个都市区运营，每周付费行程超过 50 万次。The expansion covers Los Angeles, Nashville, Orlando, San Diego and the San Francisco Bay Area, rolling out over the next week; Electrek says Waymo now operates in 15 US metros with more than 500,000 paid rides per week.

比亚迪第三代秦 PLUS DM-i 上市，限时起售价 7.69 万元BYD launches third-generation Qin PLUS DM-i from ¥76,900 (limited-time price)

比亚迪汽车官方微博称新车有“六大升级”。BYD Auto's official Weibo says the car has "six major upgrades".

宁德时代：全固态电池 2027 年有望小批量生产CATL: all-solid-state batteries could reach small-batch production in 2027

宁德时代在投资者互动中披露，由第一财经整理发布。Disclosed by CATL in investor interactions, compiled by Yicai.