CPI and PPI data will be released; September financial data may be published; refined oil products will face pricing adjustment window; Canton Fair and other events are approaching.

**Major News**

**CPI, PPI Data Release**

On October 15, the National Bureau of Statistics will release September CPI and PPI data.

Zheshang Securities expects September CPI year-on-year growth to remain flat, corresponding to a month-on-month growth rate of 0.2% in September. Regarding industrial product prices, September PPI is expected to show a year-on-year growth rate of -2.4% and a month-on-month growth rate of -0.3%.

**September Financial Data May Be Released**

In addition to CPI and PPI, September financial data including new loans, M2, and social financing may also be released next week.

**Refined Oil Products Face Pricing Adjustment Window**

According to the "ten working days" principle, the current pricing adjustment window is 24:00 on October 13. According to JLC calculations, as of the eighth working day on October 10, the average price of reference crude oil varieties was $64.97 per barrel, with a change rate of -0.34%, corresponding to a domestic gasoline and diesel retail price reduction of 20 yuan per ton.

**Canton Fair and Other Events Approaching**

The 138th Canton Fair will be held in three phases in Guangzhou from October 15 to November 4. This Canton Fair has an exhibition area of 1.55 million square meters, with a total of 74,600 booths and over 32,000 participating companies, all setting historical records. About 3,600 companies will make their debut. As of October 9, 207,000 buyers from 217 export markets have pre-registered, an increase of 14.1% compared to the previous session. Among them, buyers from the EU, the United States, and Belt and Road Initiative countries showed significant growth.

The 2025 Bay Area Semiconductor Industry Ecosystem Expo will be held at the Shenzhen Convention and Exhibition Center (Futian) from October 15 to 17, attracting over 600 leading enterprises and renowned institutions from more than 20 countries worldwide, helping Shenzhen become a global frontier observation station, market barometer, and cooperation trading venue for semiconductor technology industry innovation. Additionally, the Third Integrated Chip and Chiplet Conference is currently being held in Wuhan and will conclude next week, focusing on design-packaging collaborative technologies, covering cutting-edge directions such as three-dimensional integration and EDA design.

The 2025 World Intelligent Connected Vehicle Conference, jointly hosted by the Ministry of Industry and Information Technology, the Ministry of Transport, and the Beijing Municipal People's Government, will be held in Beijing from October 16 to October 18. The conference will focus on automotive industry application innovations including artificial intelligence, information communication, data utilization, chips, and other frontier technologies, sharing China's latest technological breakthroughs and industry trends in the intelligent connected vehicle industry with government officials and experts from multiple countries worldwide.

**41 Stocks Face Lock-up Expiry Next Week**

Next week, 41 stocks will face lock-up expiry. China Merchants Port will have 577 million shares entering circulation next week, mainly institutional placement shares from private offerings, with an unlocked market value of 11.967 billion yuan. Meihao Medical will have 412 million shares entering circulation next week, with unlocked shares mainly being original shareholder restricted shares from IPO, with an unlocked market value of 9.804 billion yuan. In terms of unlocking ratio, seven stocks including Meihao Medical, Anda Intelligence, Kechuan Technology, and Guanlong Energy Saving have the highest unlocking ratios, all exceeding 50%.

**New Stock Opportunities**

Wind data shows that five new stocks will be issued next week. Specifically, Marco Polo will be issued on October 13 with subscription code 001386; Hoyuan Biotech will be issued on October 14 with subscription code 787765; Chaoying Electronics will be issued on October 15 with subscription code 732175; Xi'an Yicai will be issued on October 16 with subscription code 787783; and Bibite will be issued on October 17 with subscription code 787759.