1. The People's Daily reported that recently, the Ministry of Finance and two other departments issued a notice on tax policies related to promoting the stable and healthy development of the real estate market, clarifying the preferential policies for value-added tax and land value-added tax that are linked to the cancellation of standards for ordinary and non-ordinary residential properties. At present, Beijing, Shanghai, Guangzhou, and Shenzhen have announced the cancellation of standards for ordinary and non-ordinary residential properties.
2. The National Data Bureau is publicly soliciting opinions on the "Guidelines for National Data Infrastructure Construction (Draft for Comments)". We will optimize network billing methods, reduce data transmission costs between the east and west region, and promote the transfer of high latency services from the east to the west region. We will promote the transformation of the "Watt" industry into the "Bit" industry, continuously strengthen the digital computing industry ecosystem, and basically establish the main structure of the national data infrastructure by 2029.
3. The Ministry of Commerce stated that it will focus on implementing policies in the field of foreign trade, helping foreign trade enterprises stabilize orders and expand markets. The cancellation of preferential treatment for "small packages" will not affect the competitiveness of cross-border e-commerce, and relevant provisions for cross-border e-commerce have been included in recently signed and upgraded free trade agreements.
4. Second-hand home sales in the United States increased by 3.4% month on month in October, to an annual rate of 3.96 million units. Sales have seen the largest increase since earlier this year, as buyers seized the opportunity of the previous month's decline in mortgage rates.
5. The Shanghai Stock Exchange News pointed out that there have been frequent cases of A-shares changing ownership recently. Since October, 18 listed companies have disclosed transactional changes in control. Among them, the majority of companies are facing a downward trend on fundamentals with tight cash flow, and many companies may face pressure to "put on a hat" or "protect their shell".
6. According to China Securities Journal Online, with multiple convertible bonds touching the mandatory redemption clause, the number of convertible bonds redeemed in advance has increased again recently. As of November 21st, about 16 listed companies have issued early redemption notices for convertible bonds in November, setting a monthly record for the number of such notices so far this year.
7. According to China Securities Journal Online, international gold prices have recently rebounded after adjustment. Many institutions still believe in the medium to long term investment potential of gold, and Goldman Sachs believes that the recent pullback provides a buying opportunity. Gold remains an effective investment target for portfolio risk diversification.
8. Shanghai has issued the Implementation Plan for the Construction of Low Altitude Flight Service Management Capacity in Shanghai. During the optimization and improvement phase (by the end of 2027), a comprehensive low altitude public air route network architecture will be established in Shanghai, with a planned minimum of 400 low altitude flight routes.
9. The China Federation of Logistics and Purchasing stated that in the first three quarters, the total amount of cold chain logistics was 6.4 trillion yuan, a year-on-year increase of 4.2%.The total revenue was 417.8 billion yuan, a year-on-year increase of 3.6%. Among them, the growth rate in the third quarter was 3.7%, with a month on month acceleration of 0.5 percentage points.
10. According to Securities Times, from January to November, 1281 new games have obtained license numbers, exceeding the total of 1075 for the whole of last year. Among them, 1184 are domestic games and 97 are imported games.
