1.In October, Caixin's services PMI came in at 52.0, up 1.7 percentage points from the previous month, marking the highest level in the past three months, indicating a rebound in the services sector's prosperity.
2. The State Council report shows that by the end of 2023, the total assets of state-owned enterprises nationwide were 37.19 trillion yuan, the total assets of state-owned financial enterprises were 445.1 trillion yuan, the total assets of administrative and public welfare state-owned assets were 6.42 trillion yuan, and the total area of state-owned land was 523,714,000 hectares and the annual water resources were 257,825 billion cubic meters.
3. The CILMO said that the China Bulk Commodity Price Index in October was 113.4 points, up 3% from the previous month. The price indices for black metals, non-ferrous metals, minerals, chemicals, and energy all rose. As market supply and demand improved and enterprises increased their production activities, most bulk commodity prices rose compared to the previous month, with positive changes in economic operations becoming apparent.
4. According to the data from the China Real Estate Index System, the total bond financing for real estate enterprises in October was 28.97 billion yuan, up by 3.2% year-on-year, with two consecutive months of positive growth due to the low base of the previous year. The average interest rate for industry bond financing was 2.98%, down 0.51 percentage points from the same period last year and down 0.08 percentage points from the previous month.
5. The 10 land parcels in the seventh batch of land auctions in Shanghai, which involve districts of Yangpu, Pudong, Hongkou, Minhang, Putuo, Qingpu and Baoshan, have a total area of 249.6 thousand square meters and a planned floor area of 5.47 million square meters, with a starting total bid of 25.648 billion yuan. The land parcels will enter the on-site bidding stage on November 27.
6. The Ministry of Industry and Information Technology recently held the first full meeting of the Low-altitude Industry Development Leading Group. It aims to cultivate more leading enterprises and specialized, innovative and entrepreneurial "small giant" enterprises in the low-altitude industry. It will also promote the development of unmanned, electric and intelligent low-altitude equipment, and drive the full-fledged empowerment of the low-altitude industry system with next-generation information and communication technologies, digital technologies, artificial intelligence and other technologies.
7. According to the China Securities Journal, at present, many well-known tourist attractions in China are launching AI travel assistants to help tourists plan routes, purchase tickets, etc. Meanwhile, major travel platforms are releasing AI large models to enhance users' travel experiences from multiple dimensions. Under the push of policies, AI technology is continuously advancing, and smart tourism will become an important direction for the development of the tourism industry.
8. According to Alibaba's asset platform, "15 shares of Zhejiang Wahaha Industrial Group Co., Ltd." will be auctioned off at 10 am on November 11, with a starting price of 2.68 million yuan, equivalent to 17.86 yuan per share. Currently, the auction has attracted over 10,000 views. This is the largest single auction of Wahaha shares.
9. According to IT Home, Meta has reportedly collected sensitive information such as religious views and political views from about 980,000 Korean users on its social platform Facebook, violating South Korea's Personal Information Protection Act and receiving an administrative fine of over 21.6 billion won (approximately 112 million yuan).
10. According to the Ministry of Health, Labor and Welfare in Japan, the number of babies born from January to June this year was 329,998, a 6.3% decrease from the same period last year. It is expected that the number of births in Japan this year will fall below 700,000 for the first time.