• Residential land prices in China’s four first-tier cities, including Beijing, Shanghai, Shenzhen and Guangzhou – climbed 19% to an average of 21,037 yuan per square metre, the fastest growth of this year: Ministry of Land and Resources
  • China’s Ministry of Finance published its 30-year treasury bond yield for the first time on Friday, saying in a statement accompanying the release on its website that the move marks a bond yield curve, which can basically reflect the market’s supply-demand relationship, has been initially established
  • China’s coke futures closed 4.49% up, coking coal futures rose 4.14%, PVC futures rose 3.86%, iron ore futures were up 3.78%
  • China’s trade deficit in services narrowed to $23.3 billion in September from $25.4 billion in August; In the January-September period, the trade deficit in services was $187.7 billion: the State Administration of Foreign Exchange (SAFE)
  • As of October 27, China had approved a total of $84.44 billion qualified foreign institutional investor (QFII) quotes, and 514.99 billion yuan of RMB qualified foreign institutional investor (RQFII) quotes: SAFE
  • The China Securities Regulatory Commission says at a regular news conference  that it plans to raise the minimum net capital requirement for futures companies to 30 million yuan in a bid to strengthen risk prevention
  • Industrial and Commercial Bank of China’s net profit stood at 72.6 billion yuan in the third quarter, compared with 72.7 billion yuan a year earlier; its non-performing loan ratio rose to 1.62% at end- September from 1.55% at end-June
  • Bank of Communications Co Ltd’s net profit rose to 14.92 billion yuan in the third quarter, up slightly from 14.72 billion yuan a year earlier; its non-performing loan ratio stood at 1.53% at end-September, down from 1.54% at end-June