UBS: China's stimulus measures may be announced after the National Day holiday or around the release of the Q3 economic data on the 18th of this month.

UBS Chief China Economist Wang Tao pointed out in a report that the market expects China to launch a fiscal stimulus package. Implementing a moderate package plan of 1.50 trillion to 2 trillion in the short term may be more reasonable, aiming to bring this year's economic growth close to the target of around 5%. It is also anticipated that there will still be a fiscal expansion of 2 trillion to 3 trillion next year based on previous benchmark forecasts. This year's stimulus measures may be announced after the National Day holiday or around the time of the release of the Q3 economic data on the 18th of this month, while measures for next year may be decided around the Central Economic Work Conference in December.