1. The National Bureau of Statistics released data showing that in October, the manufacturing PMI was 50.1%, up 0.3 percentage points from the previous month; the non-manufacturing business activity index was 50.2%, up 0.2 percentage points; and the composite PMI output index was 50.8%, up 0.4 percentage points.
2. Shanghai has issued the "Measures for Strengthening Financing Support for Small and Medium-sized Enterprises in the City". The eligibility for the no-repayment loan refinancing policy will be expanded to all small and micro enterprises, with the goal of reaching a cumulative loan commitment of over 1 trillion yuan by 2024; the business scale of the municipal policy-based financing guarantee fund for small and micro enterprises will be expanded to 120 billion yuan by 2024.
3. Zhengzhou Real Estate Association issued a notice calling on all real estate developers in the city to participate in the housing voucher resettlement program. All real estate projects currently on sale in the city are encouraged to allow the vouchers to have the same purchasing power as money within the scope of housing voucher. They should enjoy the same rights as regular customers in terms of choice, house pricing, and preferential policies.
4. CCTV News reports that the six major state-owned commercial banks, including Industrial and Commercial Bank of China, Agricultural Bank of China, China Merchants Bank, China Construction Bank, Bank of Communications, and Postal Savings Bank, have issued a notice that they will implement a new pricing mechanism for commercial personal housing loans starting from November 1st. At the same time, the restriction on the shortest reset cycle for mortgage interest rates has been lifted.
5. According to the Securities Times, the disclosure of third quarter reports of A-share companies has concluded, with nearly 80% of listed companies achieving profits in the first three quarters, and nearly 50% achieving positive growth in net profits. The consumer industry has shown a clear recovery trend, while the high-tech manufacturing industry has demonstrated resilience in operations. Companies from both industries have reported better-than-expected performance, and institutional investors expect their impressive performance to continue.
6. According to the China Securities Journal, the third-quarter earnings reports of listed securities firms have been fully disclosed, with only 3 of the 50 companies reporting losses for the first three quarters, with a profit ratio of 94%. Seven listed securities firms had net profits of over 5 billion yuan in the first three quarters, with CITIC Securities and Huatai Securities both exceeding 10 billion yuan. Driven by proprietary trading business, most securities firms saw their third-quarter performance generally rebound.
7. According to data from the Securities Times, nearly 2,000 listed companies on the A-share market implemented repurchases in the first three quarters of the year, up more than 80% from the same period last year, with the total repurchase amount exceeding 140 billion yuan. The repurchase amounts of pharmaceutical, electronics, and power equipment ranked the top three.
8. Omdia stated that in the second quarter, mainland wafer foundries achieved 55% market share in the large-size DDIC field, reaching a historical high and maintained a 49% market share in the third quarter.
9. According to Fliggy data, as of 24:00 on October 30th, over 500000 items related to Double 11 theme parks and popular scenic spots have been sold, surpassing the entire Double 11 event last year. Among them, the reservation rate for popular products of some top amusement park brands reaches 90%, and the reservation rate for some ski season travel packages exceeds 40%.
10. On October 31st, the Bank of Japan kept the policy interest rate unchanged at 0.25%, in line with market expectations.
