Market snapshot

IndexLevelChange
SSE Composite3690.48▲0.89%
SZSE Component11673.83▲2.79%
ChiNext2684.10▲4.16%
Hang Seng23093.37▲0.69%
Hang Seng Tech3871.66▲2.05%
S&P 5007623.68▼0.52%
Nasdaq25955.34▼0.21%
Dow Jones52215.16▼1.23%
Gold3995.65▲0.00%
Crude oil102.05▼1.18%
VIX19.45▲2.21%

Shanghai turnover: CNY 898.7bn

Macro & policy

No major macro releases today.

Finance news

1. BofA’s Hartnett: Stay ’tactically risk-off’ until mid-November; near-term call hinges on ’three conditions'

Bank of America strategist Michael Hartnett recommends a “tactical risk-off” stance until mid-November. He says the near-term market outlook depends on three conditions, though the report does not detail them in the headline.

Source: 华尔街见闻

2. Weekly Wealth: Spot Gold Falls Below $4,000/oz; First Batch of 10 Sci-Tech Bond OTC Index Funds Approved

Spot gold dropped below $4,000 per ounce this week. China approved its first batch of 10 over-the-counter index funds tracking sci-tech innovation bonds.

Source: 界面新闻

3. Huace Navigation: Farm Machinery Navigation and Robotics Segments Post Solid Growth in First Three Quarters

Huace Navigation said its agricultural machinery navigation and robotics segments recorded solid growth in the first three quarters. The company did not disclose specific financial figures in the report.

Source: 第一财经

4. Care for the Elderly: How Millimeter-Wave Radar, Smart Pharmacies and AI Consultations Are Building Smart Elderly Care

A Yicai report examines how technologies such as millimeter-wave radar, smart pharmacies and AI consultations are being applied to elderly care and health management, advancing smarter senior-care services.

Source: 第一财经

5. Latest Cover Story | Turbulent France

Caixin Weekly’s latest cover story focuses on a turbulent France, examining the country’s current political and social instability. The available excerpt provides only the headline, without further details.

Source: 财新

6. Ukraine disputes Elon Musk’s claim that its military violated Starlink terms during drone operations

Ukraine disputed Elon Musk’s claim that its military violated Starlink terms during drone operations, saying commercial Starlink limits already prevented medium- and long-range strike use. The dispute highlights questions over the system’s military use.

Source: CNBC Markets

7. Latest Caixin Weekly | After the Renminbi’s 9% Appreciation

Caixin Weekly’s latest issue examines the aftermath of a 9% renminbi appreciation. It analyzes the currency move’s economic and market implications.

Source: 财新

8. ‘Ticking time bomb’: The world’s pension funds face an ageing crisis

Pension systems worldwide face a demographic crisis as longer lifespans and falling birth rates strain retirement finances. Without reform, fiscal sustainability and retirement security could be at risk.

Source: CNBC Markets

Filings & research

Company filings (CNINFO, titles in Chinese)