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[Employee Medical Insurance Personal Account Balances Can Be Transferred] Personal medical insurance accounts can be used not only for personal use but also for family members. Insured individuals can use the medical insurance wallet transfer function to transfer funds from their personal medical insurance accounts to the medical insurance wallets of close relatives for use in medical treatment and drug purchases, enabling mutual use of personal medical insurance accounts among close relatives (including across provinces). (CCTV News)

A-Share Midday Market Review: ChiNext Index Rises 1.74% in Half-Day, with Lithography and Diversified Financial Sectors Gaining Significantly. The three major indices rose in the morning session. By midday, the Shanghai Composite Index rose 0.41%, the Shenzhen Component Index rose 1.02%, the ChiNext Index rose 1.74%, and the Beijing Stock Exchange 50 Index fell 0.1%. The three stock exchanges in Shanghai, Shenzhen, and Beijing had a half-day trading volume of 1.5619 trillion yuan, a 63.8 billion yuan increase from the previous day. Over 2,900 stocks rose across the board. Lithography, diversified financial, foldable screen, robotics, and battery sectors led the gains. Precious metals, cinema chains, liquor, and pork stocks led the declines. Lithography-related stocks surged in early trading, with Wavelength Optoelectronics, Yongxin Optics, and Kaimet Gas hitting their daily limit. Robotics-related stocks continued to be active, with Wanxiang Qianchao hitting its third consecutive limit-up and Joyson Electronics hitting its second consecutive limit-up. Haowen Automotive and Yian Technology also saw significant gains. The battery sector saw unusual intraday gains, with both CATL's A-shares and H-shares hitting record highs. In addition, the securities and diversified financial sectors all saw some intraday fluctuations. Meanwhile, gold stocks mostly adjusted, with Western Gold falling over 4%, and many other stocks, including Chifeng Gold, Hunan Gold, and Xiaocheng Technology, also saw declines.

[Bank of America Securities: Indonesia accelerates fiscal measures to support economic growth] Bank of America Securities said that if Indonesia's recent fiscal measures can be effectively implemented, it may raise its forecast for Indonesia's economic growth. Currently, Bank of America Securities expects Indonesia's economic growth rate to be 5% in 2025 and 5.2% in 2026. Economists Kai Wei Ang and Rahul Bajoria said in a report that a special ministerial team is accelerating the implementation of flagship projects while launching fiscal measures worth 16 trillion rupiah in the fourth quarter to support low-income households, gig economy workers and the tourism industry. The Ministry of Finance has allocated 200 trillion rupiah in excess cash to five state-owned banks. Combined with the Indonesian central bank's interest rate cuts, this may reduce loan interest rates, but as businesses remain cautious, overall loan growth may take some time to improve. They added that plans to establish a separate tax agency are moving forward and fiscal legislation may be updated next year, which makes investors and credit rating agencies closely watch fiscal developments.

The Shanghai Composite Index closed at 3877.55 points in the morning, up 0.41%; the CSI 300 Index closed at 4550.58 points in the morning, up 0.60%; the Shenzhen Component Index closed at 13197.01 points in the morning, up 1.02%; the ChiNext Index closed at 3140.76 points in the morning, up 1.74%; the SME Board Index closed at 14311.80 points in the morning, up 0.61%.

The Nikkei 225 index opened at 44,950.86 points at noon, up 0.11%.

[The US Dollar Continues to Under Pressure on Rate Cut Expectations, with Markets Focusing on Powell's Speech] 1. The US dollar rebounded modestly by 0.1% in Asian trading on Wednesday, but remained weak, hovering at a four-year low against the euro and briefly falling to a one-month low against the yen. Traders widely expect the Federal Reserve to announce a rate cut later in the day, and market attention has shifted to Chairman Powell's post-meeting remarks to gauge the future path of monetary policy. Markets currently expect a cumulative rate cut of nearly 68 basis points by year-end. 2. With the Trump administration's continued pressure on the Federal Reserve, raising concerns about its independence, the tone of the policy statement and Powell's speech are crucial. An unexpected 50 basis point rate cut or a clearly dovish signal could further weaken the dollar. Conversely, a more hawkish stance could trigger a rebound. The US dollar index is currently trading around 96.71, close to its lowest level since July. 3. ING economists note that the real market influence may lie in the unexpectedly strong policy intensity or the direction of Powell's speech. They believe that "even if the interest rate is only cut by 25 basis points, if it is combined with dovish guidance, the dollar's weakening trend may continue." In addition, personnel changes and political pressure within the Federal Reserve also add uncertainty to this meeting. 4. The market is also paying attention to the Bank of Japan's interest rate decision on Friday, which is expected to keep the interest rate unchanged. With the October Liberal Democratic Party presidential election approaching, the possibility of policy changes is low. Analysts generally believe that the Bank of Japan's next interest rate hike is more likely to occur in early 2026.