• China’s central bank said in its third-quarter regional social financing statistic report that total social financing in Guangdong in the first three quarters increased to 1.63 trillion yuan, ranking No. 1 among all the provinces and municipalities, and followed by Jiangsu province, which ranked second with a total of 1.44 trillion yuan in the period
  • Moody’s Investors Service has changed to stable from negative the rating outlooks for 22 State-owned enterprises (SOEs) based on several factors, including the assessment that the central government’s support for these companies is unlikely to change during the medium term, the rating agency said on Tuesday
  • A local Shanghai government debt worth 30 billion yuan is expected to be issued in the Shanghai Free Trade Zone at the end of November at the fastest, which will become the first local government bond issuance in the area, the China Business News reported, citing sources
  • 10-year Chinese treasury futures for December delivery fell 0.19% as of 9:22 Beijing time, while 5-year tenors lost 0.14%
  • China’s smartphone makers OPPO and VIVO rose to the top two positons in the country’s smartphone market in the third quarter, with their market share surging to 16.6% and 16.2% from 9.9% and 8.8% over the same period last year, followed by Huawei and Xiaomi with 15% and 10.6% market share, respectively: CNET
  • China’s State Council said in a document it has agreed several government departments, including the National Development and Reform Commission, PBOC, and the Ministry of Finance, to establish an inter-ministerial joint conference system in a bid to reduce corporate debt levels in a positive and prudent manner
  • The Shanghai index closed 0.35% lower by the midday break, while the Shenzhen index lost 0.45% and the ChiNext index shed 0.61%