CHINA MARKET WIRE

Laopu Gold to Raise Prices for Third Time This Year Amid Strong Sales and Expansion

BankAgricultural Bank of China Hits New High, Market Cap Leads Banks as PB Returns to 1

ConsumptionMajor Chinese E-Commerce Platforms Kick Off Extended Double 11 Promotions, First Wave Results Revealed

Alibaba Plans to Further Cut YTO Express Stake This Year, Gradually Scaling Back Holdings in Major Couriers

Chinese YuanChinese Yuan’s Fixing Strengthens for Three Days Straight Amid Dollar Weakness and Yuan Appreciation Expectations

A-sharesChinese A-Share Market Sees Shrinking Volume as Style Rotation Emerges

Food DeliveryMeituan Says Food Delivery War Creates Huge Bubble, Subsidy-Driven Volume Growth Unsustainable

PVSilicon Material Inventory Rises by 12,000 Tons in Sept, Industry Awaits Clearer PV “Anti-Involution” Guidelines

SteelSteel Mills in China’s Sichuan–Chongqing Issue Price Stabilization Notices Amid Falling Profits and Weak Demand

GoldChinese Banks Raise Gold Investment Thresholds Amid Rising Market Volatility, Exchange Issues Risk Warning

BatteryCATL and BYD’s Battery Market Share Falls, Second- and Third-Tier Producers Surge

Paper IndustryChina’s Paper Price Hikes Spread in Oct, Industry Optimistic on Cost Improvements and Demand Recovery

ShippingU.S. Luxury Cruise Cancels Shanghai Stop Due to Refusal to Pay Special Port Fee

J.P. Morgan Upgrades Pop Mart to “Overweight,” Cites Strong IP Growth and Attractive Valuation

A-sharesNorthbound Capital’s Q3 A-share Holdings Revealed – CATL Leads by Market Value, BOE Technology Sees Largest Increase