STOCKS Hong Kong stocks closed higher, tech heavyweights rebounded;Â A-shares closed down, liquor makers tumbled >>>
COMMODITIES DATA China’s iron ore futures hit lowest in more than three months amid weak demand outlook >>>
COMMODITIES DATA China’s steel product inventories declined this week, production grew – research >>>
COMPANY NEWS STOCKS Chinese liquor makers continue to slide, Kweichow Moutai drops below 1,400 mark for first time since Jun 2020 >>>
POLICY & REGULATION STOCKS Shares of e-cigarette related companies continue to rally in Hong Kong on policy visibility >>>
DATA China’s smartphone shipments fell 11% on year in Q3, Apple bucked the trend as iPhone 14 Pro sales surge – research >>>
FOREX Yuan weakens against dollar after sharp appreciation one day earlier, offshore yuan lost 7.23/dollar mark >>>
COMPANY NEWS STOCKS New Oriental Education surges over 20% after first-quarter earnings beat; Koolearn Technology jumps on strong live-streaming sales >>>
FOREX POLICY & REGULATION PBOC injects 238 bn yuan liquidity in open market operation, raised yuan’s fixing against dollar by 68 pips >>>
COMPANY NEWS Foxconn denied rumor about massive Covid infections among staff, saying operation outlook unchanged >>>>
COMPANY NEWS Chinese battery maker Gotion to invest 11.5 bn yuan in two project to expand capacity >>>
COMMODITIES DATA China coal imports fell 12.7% in Jan – Sept amid high prices overseas, full-year imports may drop over 15% >>>
DATA MACRO China’s electricity consumption expected to grow 4% – 5% in 2022, slowing significantly from 10.3% growth last year – industry body >>>
COMMODITIES DATA China’s steel exports declined for 4th consecutive months in Sept amid sluggish overseas demand >>>
STOCKS VIEWS & ANALYSIS International investors expected to further lower exposure to Chinese internet companies as risks linger – UBS >>>
STOCKS Hong Kong stocks rebounded for 2nd straight day, tech firms, drugmakers outperformed;Â A-shares closed higher, drugmakers, software firms rose >>>
DATA China has 840 international passenger flights scheduled per week, surging 105.9% a year earlier, said aviation authority >>>
COMPANY NEWS STOCKS Koolearn Technology hit highest in two years on expectation of strong sales in Double 11 shopping events >>>
COMMODITIES COMPANY NEWS STOCKS Chinese hog farmers slide after authority’s intensive moves to curb surging pork prices, Jiangxi Zhengbang tumble on pre-restructuring >>>