POLICY & REGULATION STOCKS China’s aerospace, defence stocks rally after President Xi pledged military growth >>>
COMPANY NEWS STOCKS Chipmaker Shanghai Fudan surged after it forecast up to 130% growth in Jan – Sept net profit >>>
FOREX POLICY & REGULATION PBOC injects 500 billion yuan liquidity via one-year MLF, cut yuan’s fixing against dollar by 7 pips >>>
COMMODITIES COMPANY NEWS China’s largest offshore oil driller CNOOC’s net profit likely doubled on year in Jan – Sept amid high energy prices >>>
COMPANY NEWS MACRO China’s six large state-owned banks made rare move to simultaneously announce support for economic growth, granted total 9.5 trillion yuan loans in Jan – Sept >>>
POLICY & REGULATION Key takeaways of President Xi Jinping’s speech at opening of 20th congress of China’s Communist Party >>>
DATA VIEWS & ANALYSIS China’s housing market remains weak despite policy easing, some cities saw home prices falling for nearly two years >>>
MACRO China’s container freight rates tumble over 70% this year amid weak export demand, some container lines suspend shipping to US, Europe >>>
POLICY & REGULATION China’s securities regulators to revise rules to make it easier for stock buybacks >>>
STOCKS Chinese airlines resume more international passenger flights amid rising demand, easing travel policy >>>
DATA MACRO China’s electricity consumption slowed sharply in Sept, power use in services, household sectors declined on year >>>
STOCKS Banks in Tianjin lowered mortgage rates for first-time home buyers, Guiyang city cut rates on loans from housing provident fund >>>
DATA MACRO China’s consumer inflation hit highest since Apr 2020, factory-gate prices grew slowest since Jan 2021 >>>
COMMODITIES COMPANY NEWS Ganging Lithium expects Q3 profit to skyrocket up to 660%, Tianqi lithium forecast over 1,363% growth >>>
DATA VIEWS & ANALYSIS China’s vehicle inventory alert index rose in Sept, indicating higher inventory pressure on dealers >>>
COMPANY NEWS Nio to launch sub-brand for mass market, aims to rank among world’s top five carmakers by 2030 >>>
POLICY & REGULATION China’s official People’s Daily endorsed zero-Covid policy for third consecutive day, warned against “lying flat” >>>
VIEWS & ANALYSIS HSBC Global Research downgrades Country Garden, Country Garden Services on sluggish property sales, financing concerns >>>
STOCKS China’s Yiwu wholesale market saw exports of heating products to Europe surge amid energy crunch >>>
DATA MACRO China’s service trade rose 20.4% on year in Jan – Aug, trade deficit narrowed by 29.5% – commerce ministry >>>
COMPANY NEWS VIEWS & ANALYSIS Sunny Optical hit lowest since Jun 2019 on weak shipments in Sept, CICC cut target price by 33.7% >>>
STOCKS Hong Kong stocks open down for 5th straight trading day on Wed, A-shares open slightly lower >>>
FOREX POLICY & REGULATION PBOC drains net 65 bn yuan liquidity via open market operation, cut yuan’s fixing against dollar by 28 pips >>>