1. CINNO Research reported that the sales of foldable screen smartphones in the Chinese market reached 3.54 million units in the third quarter, a year-on-year increase of 79% and a month on month increase of 35%. The cumulative sales volume in the first three quarters reached 8.52 million units, a year-on-year increase of 101%, achieving a doubling.
2. The central bank released data that in November, the 1-year LPR was 3.1%, and the 5-year and above LPR was 3.6%, both unchanged from the previous month.
3. HAN Wenxiu from the Central Financial Office stated in an article that efforts will be made to promote the independent operation of natural monopoly links and market-oriented reforms of competitive links in the industry, steadily expand the size of the middle-income group, and establish a reasonable institutional system to regulate excessive income. Efforts will be made to accelerate the improvement of the policy environment for "wanting to consume," "daring to consume," and "being able to consume.
4. On November 20th, Shenzhen, Guangdong Province launched the allocation of seven affordable rental housing projects. A total of 2705 units of housing were launched this time, which is the first time that the government has organized the allocation of affordable rental housing to individuals in Shenzhen. The rent is about 60% of the market price.
5. According to statistics from the China Securities Regulatory Commission, 658 cases of financial fraud involving listed companies were investigated and dealt with in the first 10 months, resulting in fines and confiscation of 11 billion yuan, exceeding the total amount of last year. As of the end of October, A-share listed companies have announced a record high of 644.1 billion yuan in mid-term cash dividends.
6. According to Securities Daily, as of November 19th, among the 162 insurance companies that have announced their solvency adequacy ratios, 82 insurance companies have seen a month on month increase in their comprehensive solvency adequacy ratios, accounting for 50.6%.
7. According to the Economic Information Daily, at present, there are more than 15000 "5G+Industrial Internet" projects, realizing full coverage of 41 industrial categories, and powerfully driving the high-end, intelligent and green development of the manufacturing industry.
8. According to the latest data from the Energy Bureau, in October, the total electricity consumption of the society was 774.2 billion kilowatt hours, a year-on-year increase of 4.3%. From January to October, the total electricity consumption of the whole society reached 8.1836 trillion kilowatt hours, a year-on-year increase of 7.6%.
9. According to Securities Daily, driven by factors such as improved supply and demand, multiple paper companies have issued price increase notices. Nine Dragons Paper's corrugated paper prices in Tianjin and Dongguan bases have increased by 30 yuan/ton since November 20th. The recent stable and positive demand for related paper products has provided support for their price increase.
10. ZHANG Xiaofei, Chairman of Gaogong Lithium Battery, stated that the price of lithium batteries will reach a low point in the first quarter of next year, and it is expected that the prices of battery main materials will begin to rise in the second quarter. The production capacity threshold for lithium battery main materials will increase, and it will be difficult to survive below 100000 tons.
