State-owned Assets Supervision and Administration Commission of the State Council is formulating a reform plan for the authorization of state-owned capital to transform the management of enterprises to the management of capital, and boldly delegating powers to enterprises with mixed ownership reforms

Recently, the Party Central Committee and the State Council formally approved Shanghai institutional reform plan. According to statistics, as of now, the institutional reform plans of 31 provinces (autonomous regions and municipalities directly under the Central Government) have been approved

Wang Xinzhe, chief economist of Ministry of Industry and Information Technology: promoting deep integration of the new generation of information technology and manufacturing industry as well as high-quality development of real economy

Guangdong Dongguan will provide financial support of over RMB 40 bln for the city’s enterprises

Ping An: in the first 10 months, revenue on insurance premiums has reached RMB 610 bln

The latest news released by Shanghai Government Procurement Network shows that Shanghai Sports Bureau is conducting a tender for the feasibility study and analysis of the bid for 2032 Summer Olympics

Onshore RMB against the USD opens at 6.9509, up 22 pips

Hong Kong Hang Seng Index closes at 25,654.43, down 0.5%

Shanghai Composite Index closes at 2,632.24, down 0.85%, with turnover of RMB 177 bln. Shenzhen Component Index closes at 7,908.55, down 0.69%, with turnover of RMB 234 bln. The ChiNext Index closes at 1,385.97, down 0.45%, with turnover of RMB 68.6 bln

Canadian Prime Minister Trudeau: Canada is willing to continue to push forward negotiations on FTA with China. It will send a positive signal to the world to further promote economic and trade relations and maintain free trade, deepen pragmatic cooperation in various fields, and create more interests for two nations

ZTE has launched 5G Core Network (5GC) automated integrated solution

It is estimated that operating mileage of urban rail transit in China will exceed 6,000 miles by 2020

SAIC Motor's ride-hailing platform will start a trial operation on November 18th

Shandong plans to build new security and communication networks based on quantum cryptography

Li Lihui，Bank of China's former president : China should establish a centralized and unified financial database

Morgan Stanley will include SF Express and Qihoo 360 Technology into MSCI Emerging Market Index

Ant Financial Services Group CEO: Technical services will be the core of the company’s business

TSMC will invest RMB 100 bln to build a new plant to widen the gap between Samsung and Intel

China's online auto loan service provider, WEI, mulls to raise USD 45 mln via its NYSE IPO on Nov 15

Hong Kong Hang Seng Index closes at 25,758.06, down 0.1%

Shanghai Composite Index closes at 2,653.24, down 0.06%, with turnover of RMB 103.3 bln. Shenzhen Component Index closes at 7,971.22, up 0.09%, with turnover of RMB 136.3 bln. The ChiNext Index closes at 1,396.89, up 0.35%, with turnover of RMB 39 bln

NBS: China’s gas production reached 13.4 bln cubic meters in Oct., up 7.5% YoY, and that in Jan-Oct reached 129.5 bln cubic meters, up 6.3% YoY

NBS: China’s coke production reached 36.61 mln tons in Oct., up 4.5% YoY, and that in Jan-Oct reached 359.53 mln tons, down 1.0% YoY

NBS: China’s coal output reached 305 mln tons in Oct., up 8.0% YoY, and that in Jan-Oct reached 2.899 bln tons, up 5.4% YoY

NBS: China’s crude processing volume reached 52.78 mln tons in Oct., up 4.6% YoY, and that in Jan-Oct reached 505.1 mln tons, up 7.8% YoY

China's O/N Shibor rate down 14.30 bps to 2.3250%, 7D Shibor rate down 0.1 bps to 2.6320%, 3M Shibor rate up 0.4 bps to 3.0080%, 1Y Shibor rate down 0.4 bps to 3.5540%

NBS: China's power generation up 4.8% YoY or 4.6% MoM to 533 bln KWH in Oct

NBS: China's value added industrial output up 5.9% YoY in Oct

NBS: China's investment in real estate development sector up 9.7% YoY to RMB 9.93 trln in Jan-Oct

NBS: China's unemployment rate reached 4.9% as of end Oct, remained flat from a year earlier