Market snapshot
| Index | Level | Change |
|---|---|---|
| SSE Composite | 3690.48 | ▲0.89% |
| SZSE Component | 11673.83 | ▲2.79% |
| ChiNext | 2684.10 | ▲4.16% |
| Hang Seng | 23093.37 | ▲0.69% |
| Hang Seng Tech | 3871.66 | ▲2.05% |
| S&P 500 | 7623.68 | ▼0.52% |
| Nasdaq | 25955.34 | ▼0.21% |
| Dow Jones | 52215.16 | ▼1.23% |
| Gold | 3995.65 | ▲0.00% |
| Crude oil | 102.05 | ▼1.18% |
| VIX | 19.45 | ▲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)