ShenChao TechFlow report: On September 28, according to Jinzhi Data, the situation in the Middle East has continued to escalate. Iran says it has captured a U.S. unmanned underwater vehicle in the Strait of Hormuz. Trump expects to hold more talks with Iran this week and says the other side’s asking price is too high. Media reports citing insiders say the two sides may begin a new round of indirect talks in New York as early as Monday, but an Iranian official says Iran’s foreign minister will return home on Tuesday, with no plans for talks in New York. In addition, Libya’s main oil export pipelines have resumed transporting crude oil.

In terms of the macro and industry landscape, Bessent urges the U.S. Federal Reserve to remain open-minded about its inflation outlook. Domestically, China Mobile, China Telecom, and China Unicom have collectively suspended their “0-yuan phone purchase” marketing campaigns. He Yang from the China Academy of Information and Communications Technology said that our country initially has the conditions to conduct research on computing power futures. Meanwhile, the Southern Theater Command of the Chinese People’s Liberation Army organized joint drills and exercises in the air and sea areas around the Huangyan Island.