
AI-generated summary
Yang Ming benefited from the continued support of freight rates by peak season demand, and its revenue increased significantly in September.
Yang Ming benefited from peak season demand that continued to support freight rates. Its monthly revenue in September was 21.699 billion yuan, an increase of 88 million yuan or 0.41% from August's revenue. It increased 8.93 billion yuan or 69.94% from revenue in the same period last year, setting a new high since September 2024.
Yang Ming said that the temporary easing of the U.S.-China tariff situation will help reduce some tariff concerns and support U.S. line cargo volume; demand in the Asian and European markets is currently slowing down, but continued congestion at major Asian ports has reduced ship turnover rates, compressed effective shipping capacity, and routes need to be adjusted accordingly. The strength of the overall market in resuming work after the Chinese holiday and the dynamics of terminal operations remain to be seen. We will also respond to market changes prudently to ensure stable and smooth services.
Yang Ming pointed out that the Organization for Economic Cooperation and Development (OECD) released its latest economic outlook report in September, predicting global economic growth of 2.9% in 2026 and 3.0% in 2027. Despite the adverse impact of conflicts in the Middle East, the global economy has shown resilience this year thanks to a boom in artificial intelligence investment and strong exports from Asia. However, rising energy prices, inflation and long-term interest rates may still curb subsequent demand.

The Taiwan Stock Exchange and the Overseas Trading Center announced that 5 listed OTC stocks including Tenghui Electronics-KY will be put into disposal starting from next Monday, with manual matching every 2 minutes. Another 47 stocks have been listed as note stocks.
On the first trading day of October, all major Chinese A-share stock indexes fell, with the Shanghai Composite Index falling 0.79% and the GEM Index falling 3.15%. Boosted by the news of the "15th Five-Year Plan for the Development of New Battery Industry", the battery sector bucked the trend and rose by 3.34%, with many stocks rising by more than 15%.

The Taiwan Stock Exchange announced that Yongguan-KY (1589) failed to file its 2025 financial report as required and stopped trading for six months. The securities will be terminated from listing and public issuance on November 18.
During the National Day holiday in 2026, the popularity of Hangzhou’s consumer market continues to rise. From September 30 to October 6, the total consumption in the five major industries of wholesale, retail, catering, accommodation and entertainment reached 21.878 billion yuan, a year-on-year increase of 1.3%. The first store opening and county consumption became new growth points.

The German Federal Ministry of Economic Affairs blocked COSCO Shipping's acquisition of the Zipper Group due to security concerns, fearing that the move would deepen dependence on China and have a negative impact on logistical support in NATO military conflicts.

The Central Bank of Taiwan announced that the 29th issue of special-numbered banknotes will open online bidding at 10 a.m. on October 22, releasing 150 groups of 6,160 special banknotes for the public to bid for and collect.