PRE-MARKET CHINESE STOCKS NEWS: Chinese authorities have launched a renewed effort to stabilise the country's struggling stock market

Anhui Expressway (548 HK) - Co. September (CNY) Shenzhen toll rev. of 318mln (prev. 363mln Y/Y). (Newswires) BYD Electronic (285 HK) - Electric trucks reached 50% of China's heavy truck sales, reducing diesel demand. (Electrek) Geopolitical Chinese Foreign Minister met with Iran's Bagheri Kani, according to SNN, with Beijing maintaining that negotiations were the only solution to the situation in the Middle East, while China's special envoy is expected to visit Iran, Oman and Saudi Arabia within the next two weeks. (Newswires) Other News Chinese authorities have launched a renewed effort to stabilise the country's struggling stock market, with a string of measures announced on Monday to boost liquidity, cut rates for share buy-back loans and ease curbs on leveraged trading. (SCMP) PBoC will launch a one-year, extendable swap facility for securities, fund and insurance companies today to support capital market stability, with 31 firms having applied for more than CNY 100bln in funding. (Newswires) PBoC pledged to strengthen support for the stock market by expanding participation in its swap facility for securities firms, funds and insurers, moderately lowering swap fees and conducting operations when appropriate. The central bank added that financial institutions would be encouraged to make greater use of two equity-support tools to bolster market stability and confidence. HKMA Chief Executive Eddie Yue expects a "nice" performance from the Exchange Fund and said today's Q3 GDP figures will be "good". (Newswires)