COMMODITIES DATA VIEWS & ANALYSIS China’s gas consumption to post first annual drop in two decades, gas supply to be loose this heating season – state energy giants >>>
MACRO POLICY & REGULATION US to exert more pressure on allies, to talk with Netherlands on restricting supply of advanced chip technology to China – report >>>
COMPANY NEWS DATA Tesla sold 71,704 China-made cars in Oct, down 13.75% from Sept – industry association >>>
STOCKS Chinese power battery maker CALB plans to build production site in Portugal, its first in Europe >>>
FOREX POLICY & REGULATION China to keep yuan stable, increase yuan’s flexibility – PBOC governor Yi Gang >>>
VIEWS & ANALYSIS Year 2023 to be more painful for China’s auto industry, passenger vehicle sale may drop double-digit – Credit Suisse >>>
COMMODITIES POLICY & REGULATION Three Chinese companies expressed confusions, but expect limit impact after Canada’s order to divest from three lithium mines >>>
DATA MACRO China’s service sector contracted at faster pace in October amid Covid outbreaks – private survey >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS Vaccine maker Cansino Biologics tumbles, Jefferies slashed target price to HK$106 from HK$203 >>>
COMPANY NEWS STOCKS VIEWS & ANALYSIS Goldman Sachs cut target price on Meituan to HK$235 from HK$275, rating kept at Buy
STOCKS Chinese shipping companies, port operators slide as Shanghai-US freight rates return to pre-pandemic levels, Maersk warned of slowing demand >>>
BONDS POLICY & REGULATION China steps up support for homebuilders to issue bonds with state guarantee, 200 bn yuan issuance expected in second round >>>
COMPANY NEWS Tencent, China Unicom’s planned joint venture approved by regulators, mainly engages in CDN, edge computing >>>>
DATA MACRO Eight Chinese provinces saw GDP growth slow in Jan – Sept from first half amid Covid outbreaks, power shortage >>>
COMPANY NEWS DATA CATL remains world’s largest power battery maker in Sept, LG Energy Solution surpassed BYD to rank second – Research >>>
DATA China’s retail sales of passenger vehicles rose 11% on year in October – industry association >>>
POLICY & REGULATION Zhengzhou’s industrial park home to Foxconn iPhone plant imposes fresh Covid lockdown >>>
POLICY & REGULATION VIEWS & ANALYSIS China’s real estate industry stable, the sector’s bad loan ratio very low – banking regulator >>>
POLICY & REGULATION China expected to approve 6 – 8 nuclear power units per year in next five years – industry society >>>
MACRO POLICY & REGULATION China’s potential growth to remain within reasonable range; yuan to stay at balanced level;Â real estate sales show marginal improvement – PBOC governor Yi Gang >>>
DATA Top 100 property developers’ sales slid 28.4% on year in Oct, down 44% in Jan – Oct – research >>>
COMMODITIES MACRO POLICY & REGULATION China to release this year’s 7th batch of pork reserves to stablize surging prices – state planner NDRC >>>
POLICY & REGULATION STOCKS Vaccine maker Cansino Biologics surge 50% in Hong Kong after more cities use inhaled Covid vaccine booster >>>
POLICY & REGULATION STOCKS China released first VR development plan, aims to ship 25 mln VR devices by 2026; VR stocks rally >>>
BONDS COMPANY NEWS STOCKS Homebuilder Longfor’s controlling shareholders bought more shares Tue after market sell-off >>>