• China’s securities regulator has been instructed to curb access to bond and H-share financing by real estate firms, and its main economic planner has also been instructed to curb bond issuance applications by real estate firms, Caixin reported on Tuesday, citing sources
  • China led the surge in global green bond issuance in the third quarter, which amounted to a record $26 billion, a report from Moody’s Investors Service said
  • PBOC’s chief economist says China’s economy will grow at least 6.7% this year; current monetary policy is now appropriate; A potential U.S. interest rate hike in December will have limited impact on the yuan; monetary policy will consider possible impact on the property market
  • Total profits earned by China’s state-owned enterprises in the first nine months fell 1.6% YoY to 1,72 trillion yuan, down from a 1.3% drop in the January-August period: Ministry of Finance
  • China’s coke, manganese, silicon, iron ore, aluminum, and lead futures all surged by their daily limits at the close, coking coal futures closed up 5.05%; zinc futures rose 4.8%, coal up 4.65%, rebar up 4.05%, hot rolled and PVC up over 3%
  • The National Development and Reform Commission ordered coal enterprises with advanced production technology to increase their outputs to stabilize coal prices at a meeting convened in Beijing on October 25: MNI
  • The onshore yuan agaist the dollar closed at 6.7778, hitting a fresh 6-year low and compared with Monday’s official close of 6.7718
  • China’s securities transaction settlement funds saw a net outflow of 5.8 billion yuan in the week ended October 21, according to www.sipf.com.cn
  • 403,600 new investors opened securities accounts in the week ended October 21, up 2.9% from the previous week, according to data from China Securities Depository and Clearing Company Limited
  • China’s rail freight volume rose 7% in September from the same period last year to 285.6 million tonnes: the National Bureau of Statistics