新华财经北京11月4日电投资者正在密切关注政府停摆情况，美债周二走势分化，短债下行，中长期美债上行，10年期美债收益率跌 2.2BP至4.085%。 目前美国政府停摆已达35天，即将超过上次最长停摆时间（2018年12月22日至2019年1月25日）。 周一，供应管理协会报告称，10月份ISM制造业指数为48.7%，低于预期。这一数据低于道琼斯49.3%的预期，较9月份下降了0.4个百分 点。 由于政府停摆而推迟了几份经济报告的发布，投资者对经济数据一无所知，其中包括本应在周五公布的美国10月就业报告。作为替代， 他们将关注ADP周三公布的民间就业报告，以寻找有关美国经济状况的线索。 美联储官员承认，缺乏关键经济报告带来了不确定性。美联储官员就经济现状及其面临的风险而展开的辩论势将在下一次政策会议之前 愈演愈烈。 美联储理事库克周一表示，就业和通胀任务面临的风险均上升，这意味着12月9日至10日的会议 "有可能＂降息。这是特朗普总统试图解 雇库克后，库克首次发表政策演讲。 不到一周前，美联储主席鲍威尔表示，12月降息"并非板上钉钉"，这一言论令市场感到恐慌。 美联储理事米兰则表示，在评估货币政策时过分强调股票 ...

新华财经北京11月4日电（崔凯）英国财政大臣雷切尔·里夫斯（Rachel Reeves）4日表示，将于11月26 日公布的秋季预算案将把抑制通胀作为核心目标，并旨在为英国央行（Bank of England）下调关键利率 创造条件。 巴克莱和高盛认为，政策制定者可能受近期弱于预期的通胀、就业及产出数据影响，选择在本周将利率 下调25个基点至3.75%。然而，这一预期尚未成为市场主流。投资者目前普遍押注12月18日会议将成为 更可能的降息窗口。根据市场定价，12月降息的概率已升至近60%。这一转向反映出对英国经济动能持 续放缓的担忧。 当前，市场普遍预期，英国央行货币政策委员会（MPC）将在11月7日（周四）的会议上维持基准利率 于4.00%不变。尽管近期经济数据疲软为降息打开可能性之门，但多数经济学家认为，政策制定者将选 择观望，等待更多通胀降温的持续证据以及11月26日公布的秋季预算案细节。 据牛津经济研究院高级英国经济学家Edward Allenby分析："自9月会议以来公布的数据应有助于略微缓 解货币政策委员会对通胀持续高于目标的担忧。但这不太可能足以说服多数人支持11月的降息。"他强 调，决策者"在再 ...

个股方面，中远海控跌1.51%，中芯国际跌1.37%，国泰君安国际跌14.21%，宁德时代跌1.26%，恒瑞医 药跌3.45%，赣锋锂业跌5.85%，建设银行涨1.39%，百度集团涨2.87%，伟仕佳杰跌4.24%，山东黄金跌 3.89%，中国移动涨0.58%，工商银行涨1.13%，中国石油股份涨0.48%，小鹏汽车跌2.52%。 成交额前三的个股中，阿里巴巴跌2.57%，成交超143亿港元；腾讯控股涨0.16%，成交超94亿港元；小 米集团跌2.91%，成交超59亿港元。 当日恒指低开10.29点，开盘报26148.07点，午前在26218点附近震荡，午后呈下跌趋势，尾市稳定在 25986点附近，最终恒指跌205.96点，主板成交2399亿港元。当日，港股通（南向）净流入超过98亿港 元。 整体来看，多数板块下跌，电力、家电、石油与天然气等股多有上涨，银行、保险、电信等股有涨有 跌，生物医药、科网、黄金、芯片、新能源车企、房地产、新消费、建材水泥、港口运输、体育用品等 股多有下跌。 新华财经香港11月4日电（记者林迎楠）4日，港股主要指数低开后冲高回落，截至收盘，恒生指数下跌 0.79%至25952.40点 ...

Core Insights - The company reported a significant increase in port cargo throughput, with a year-on-year growth of 22.73% reaching 32.879 million tons by October 2025 [1] - Container throughput also saw a notable rise, increasing by 11.30% to 947,100 TEUs [1] Summary by Category Company Performance - The company's total cargo throughput reached 32.879 million tons, reflecting a robust growth rate of 22.73% compared to the previous year [1] - The container segment experienced a growth of 11.30%, with throughput amounting to 947,100 TEUs [1]

Core Insights - The eighth China International Import Expo (CIIE) marks a significant milestone for Volkswagen Group, showcasing its long-term commitment to the Chinese market and its evolution alongside China's opening-up policies [1][7] Group 1: Evolution of Products and Strategies - Volkswagen Group has transitioned from showcasing imported fuel vehicles to presenting advanced electric vehicles and innovative technologies, reflecting the automotive industry's transformation [2] - At this year's expo, Volkswagen will display eight models, including the ID. EVO, ID. AURA, ID. ERA concept cars, and the new Audi E5 Sportback, highlighting its focus on the Chinese market [2] - The establishment of CARIAD China and the launch of Volkswagen Technology (VCTC) as a major R&D center in China demonstrate the company's commitment to local innovation and adaptation [4] Group 2: Enhanced Engagement and Corporate Responsibility - The CIIE serves as a platform for Volkswagen to enhance its corporate image and showcase its commitment to social responsibility, as seen in the "Green Belt Action" project [3] - The expo has evolved into a bridge for interaction between foreign enterprises, the government, and the public, emphasizing the importance of international exchange in the current global environment [3] Group 3: Internal Growth and Professional Development - Employees at Volkswagen have experienced significant personal and professional growth through their participation in the CIIE, transitioning from initial curiosity to mature involvement [6] - The company's approach to the expo has shifted from independent brand showcases to a collaborative multi-brand strategy, reflecting increased importance placed on the event by headquarters [5] Group 4: Future Commitments and Goals - Volkswagen aims to introduce approximately 30 new energy models in China by 2027 and around 50 by 2030, including 30 fully electric vehicles, aligning with the market's electrification trends [4]

新版标准的实施将进一步提高液化石油气产品质量，引领液化石油气行业高质量发展，同时保障广大消 费者的用气安全。 （文章来源：新华财经） 该标准的范围包括工业用燃料、民用燃料和车用燃料的液化石油气。与旧版标准相比，增加并提高了技 术指标要求，同时改进了试验方法。一是增加了二甲醚指标要求，防止人为非法添加二甲醚腐蚀橡胶密 封圈而导致泄漏事故，有利于加强用气安全性，同时也避免了低热值的二甲醚对液化石油气产品热值的 影响。二是增加了1,3-丁二烯指标要求，有利于保护环境及人体健康。三是加严了硫含量指标要求，有 助于进一步降低液化石油气燃烧后含硫污染物排放，保护空气质量。四是硫含量、烃组成和二甲醚等项 目检测采用了先进高效的试验方法，有利于降低分析成本、提高分析效率。 新华财经北京11月4日电据"市说新语"4日消息，近日，市场监管总局（国家标准委）批准发布强制性国 家标准《液化石油气》（GB 11174—2025），该标准将于2026年11月1日起实施。 ...

Core Insights - The automotive industry experienced significant sales growth in October, with nearly 90% of major car manufacturers reporting an increase in sales for the first ten months of the year, indicating a strong performance during the "Golden September and Silver October" sales period [1][2][10] - New energy vehicle (NEV) sales are projected to reach approximately 1.32 million units in October, with a penetration rate expected to rise to 60% [2] - Companies like Geely, Leapmotor, and Xpeng have shown remarkable sales growth, with Xpeng's sales nearing three times that of the same period last year [1][6][7] - In contrast, Li Auto has faced a significant decline in sales, with a drop of nearly 40% in October, marking five consecutive months of decline [1][8] Group 1: Sales Performance - 76% of the 25 major car manufacturers reported a year-on-year increase in October sales [2] - BYD achieved a total of 370.2 thousand units in cumulative sales from January to October, maintaining its lead in the industry despite a slight year-on-year decline in October [4][6] - Geely's October sales reached 307 thousand units, a 35% increase year-on-year, marking a record for the month [6][11] Group 2: New Energy Vehicles - Leapmotor and Xpeng both reported cumulative delivery increases of over 100% year-on-year, with Leapmotor's sales surpassing 70 thousand units in October [7][12] - The new energy vehicle segment is seeing rapid growth, with several brands achieving sales increases of over 75% in October [7][8] Group 3: Challenges and Outlook - Li Auto's sales have significantly declined, with a 38% drop in October, attributed to poor market feedback on its pure electric products [8][13] - GAC Aion has also faced challenges, with six consecutive months of year-on-year sales declines, indicating difficulties in brand recognition and product offerings [8] - The overall market outlook remains positive, with several manufacturers expected to meet or exceed their annual sales targets, driven by strong consumer demand and new product launches [10][12]

Core Insights - The "Technology Finance - Strategic Emerging Industry Index" reached 193.79 points in Q1 2025, showing a quarter-on-quarter increase of 0.86% and a year-on-year increase of 6.56%, indicating steady growth [1][2] Group 1: Index Performance - The index continues its upward trend, with four sub-indices showing mixed results: financial development increased by 2.03%, while environmental support recorded a decline despite a year-on-year growth of 10.86% [2][4] - Financial development scored 210.07 points, driven by a recovering capital market and increased bank loans, with 27.18 million tech SMEs receiving loans, a year-on-year increase of 3.6 percentage points [4][5] - Environmental support saw a decrease of 0.60% quarter-on-quarter, attributed to a 3.06% decline in the scale of science and technology theme funds, although year-on-year growth remains strong at 42.26% [4][5] Group 2: Sector Analysis - The technology innovation sub-index scored 151.76 points, with notable increases in technology product exports, which reached $893.91 billion, and the total number of researchers, which grew to 7.88 million [5][6] - The industrial effectiveness sub-index scored 187.54 points, showing a year-on-year growth of 2.01%, but indicating a slowdown compared to the previous years' average growth rate of 12.95% [6][8] - The new energy vehicle and new generation information technology sectors are leading, with the former showing a production and sales growth of 50.4% and 47.1%, respectively, while the latter's average revenue rate returned to over 10% [8][9] Group 3: Regional Performance - The Yangtze River Delta region leads with an index score of 168.38, followed by the Pearl River Delta at 148.85, with the Beijing-Tianjin-Hebei and Chengdu-Chongqing regions scoring 138.59 and 115.18, respectively [10][11] - The Yangtze River Delta excels in four out of five industries, while the Pearl River Delta shows weaknesses in new energy and biotechnology sectors [11][12] - All major city clusters face growth challenges, with the Yangtze River Delta experiencing declines in four industries, and the Pearl River Delta showing the highest decline in new energy at 2.74% [12][13]

Core Viewpoint - The Shanghai Futures Exchange announced adjustments to trading fees for aluminum alloy futures and newsprint futures, effective from November 10, 2025, aiming to enhance trading activity in these markets [1] Group 1: Trading Fee Adjustments - The trading fee for aluminum alloy futures and newsprint futures will be set at 0.05% of the transaction amount, with no fees for intraday closing positions [1] - The trading fees for aluminum alloy options and newsprint options, as well as exercise fees, will be adjusted to 5 yuan per contract, maintaining the exemption for intraday closing positions [1] - The exemption for fees related to post-exercise futures self-hedging and market maker options self-hedging will remain unchanged [1]

Core Insights - The average clearing price of the Jiangxi electricity spot market for October 2025 is projected to be 0.37 yuan per kilowatt-hour, reflecting a year-on-year decrease of 14.51% [1] - The transition to continuous settlement trial operation marks a significant step in the market-oriented reform of Jiangxi's electricity sector, establishing a complete electricity market structure of "mid-to-long term + spot + ancillary services" [1] - The implementation of the 4.0 version of the Jiangxi Electricity Market Rules allows for all regulated coal-fired units, renewable energy stations, and market users to participate in direct market transactions, enhancing grid flexibility and adapting to a new electricity system [1] Market Mechanism and User Behavior - The electricity spot market under the 4.0 rules accurately reflects the time value of electricity commodities, enabling users to optimize their electricity consumption based on time-based pricing [2] - Users are encouraged to engage in peak shaving and valley filling by consuming less during high-price periods and more during low-price periods, thereby reducing energy costs [2]