China's Finance Minister, Lan Fo'an, dominated early headlines with promises of significant fiscal measures to support the economy. He announced plans for a large-scale debt swap to address local government hidden debts, though specific figures were notably absent. This lack of concrete details left some investors disappointed. By midday, attention shifted to diplomacy as President Xi Jinping congratulated Ethiopia's new president, Taye Atske Selassie. The day also saw discussions on adjusting mortgage rates for existing loans, set to take effect on October 25th. Later reports focused on China's middle class optimism and the country's efforts to track neutrinos with a giant sphere. The finance ministry's cryptic stance on stimulus plans continued to be a topic of discussion throughout the day.