国务院办公厅11月4日发布关于2026年部分节假日安排的通知，具体内容如下： 经国务院批准，现将2026年元旦、春节、清明节、劳动节、端午节、中秋节和国庆节放假调休日期的具体 安排通知如下。 一、元旦：1月1日（周四）至3日（周六）放假调休，共3天。1月4日（周日）上班。 二、春节：2月15日（农历腊月二十八、周日）至23日（农历正月初七、周一）放假调休，共9天。2月14日 （周六）、2月28日（周六）上班。 三、清明节：4月4日（周六）至6日（周一）放假，共3天。 四、劳动节：5月1日（周五）至5日（周二）放假调休，共5天。5月9日（周六）上班。 其中，春节假期从2月15日至2月23日，共9天，为"史上最长春节假期"。 国庆前一周为中秋，中秋连上周末共3天假期，国庆假期的调休没有安排在前一个周末，而是安排在了9月20日 （周日）和10月10日（周六），更方便大家请年假连休。 五、端午节：6月19日（周五）至21日（周日）放假，共3天。 六、中秋节：9月25日（周五）至27日（周日）放假，共3天。 七、国庆节：10月1日（周四）至7日（周三）放假调休，共7天。9月20日（周日）、10月10日（周六）上 班。 ...

Group 1 - A bombing occurred in the basement of the Supreme Court of Pakistan on November 4 [1] - Initial reports suggested the explosion might have been caused by a gas cylinder accident or issues with the air conditioning system [1] - As of now, there has been no official announcement regarding casualties or the specific cause of the explosion [1]

Core Viewpoint - The article highlights a warning from Ed Yardeni, a prominent Wall Street analyst, indicating that the extreme bullish sentiment in the U.S. stock market may signal a potential downturn, with the S&P 500 index expected to decline by 5% by the end of December [2][4]. Market Sentiment and Indicators - Ed Yardeni's warning comes as the S&P 500 index has risen 37% since early April, marking one of the longest bullish runs since 1950, with the current bullish-to-bearish ratio reaching 4.27, indicating excessive optimism [4][5]. - The Nasdaq 100 index is also trading 17% above its 200-day moving average, suggesting a potential overextension in the market [5]. - A significant number of stocks are declining even as the S&P 500 rises, indicating a weakening market breadth [6]. Liquidity Concerns - The U.S. financial system is showing signs of liquidity stress, with the secured overnight financing rate (SOFR) rising 18 basis points to 4.22%, the largest increase in a year [2][7]. - The usage of the Federal Reserve's standing repo facility (SRF) reached a historical high, indicating increasing liquidity pressures [7][8]. - The liquidity crisis is exacerbated by the U.S. government shutdown, which has drained approximately $700 billion from the market, creating a tightening effect similar to multiple rate hikes [8]. Potential Market Reactions - Analysts suggest that if the government reopens, it could lead to a significant influx of cash into the market, potentially resulting in a rebound for risk assets [8]. - The article notes that the fate of capital markets may hinge on political decisions regarding the government shutdown, with expectations that a resolution could lead to a rapid normalization of the repo market [8].

Group 1 - The article discusses Venezuela's request for military equipment from China, Russia, and Iran under President Maduro's leadership to prevent potential attacks from the United States [1] - China's position is clear in supporting international cooperation to combat transnational crime and opposing the use of force in international relations, particularly in the Caribbean region [1] - China emphasizes that its normal interactions and cooperation with Venezuela are sovereign state relations that do not target third parties and are not influenced by external factors [1]

据央视《中国新闻》报道，11月3日，中国国民党主席郑丽文在正式上任后的第一个工作日谈及两岸议题，表 示有信心以智慧与决心推进两岸和平。 同日，郑丽文公布了各县市党部新的人事案，其中有近八成的地方党部主委续任。郑丽文表示，会团结全党， 取得2026年和2028年两场重要选举的胜利，让唾弃民进党的力量重新汇集。 11月1日，郑丽文正式就任中国国民党主席。"台湾没有时间了。我们不能再沉沦下去，不能再任由仇恨蔓 延。"她在当天致辞时表示，国民党要承担起拨乱反正的使命，推动台湾再创经济奇迹，维护两岸和平。 来源：长安街知事 责编： 汪云鹏 校 对： 刘星莹 看券商中国 知天下财经 用 券中社 12 券商中国 × 券 中 社 扫码关注券商中国公众号 扫码下载 券 中 社 A P P quanshangcn 舞#t 券中社APP qzs.stcn.com 券 商 中 国 是 证 券 市 场 权 威 媒 体 《 证 券 时 报 》 旗 下 新 媒 体 , 券 商 中 国 对 该 平 台 所 刊 载 的 原 创 内 容 享 有 著 作 权 , 未 经 授 权 禁 止 转 载 ， 否 则 将 追 究 相 应 法 律 责 任 。 ...

Core Viewpoint - The article highlights a trend among certain "mini funds" adopting a defensive stance by significantly reducing their stock holdings to near cash levels, missing out on the recent market rally despite an overall positive market trend for actively managed equity funds [1][4]. Fund Performance and Strategy - Some flexible allocation funds, particularly smaller ones, have drastically decreased their stock positions in Q3, with cash assets, such as bank deposits, dominating their portfolios. For instance, the Fuanda New Power fund saw its stock allocation plummet from 87.5% at the end of Q2 to just 1.35% by the end of Q3, with over 98% of its assets held in cash [2]. - The Zhongyin Zhenli fund reported a stock allocation of only 12% in Q3, with 85% of its assets in bank deposits, indicating a conservative investment approach compared to peers [2]. - The Green Fund's Green Bory also exhibited a similar trend, with a stock allocation of just 11.23% and over 60% in cash, reflecting a cautious strategy amid market fluctuations [3]. - The Galaxy Junshang fund had a mere 0.94% in stocks by the end of Q3, primarily holding cash and bonds, contrasting sharply with its previous "heavy stock, light bond" strategy [3]. Market Context and Fund Manager Sentiment - Despite the overall market strength, with indices reaching around 4000 points and a continued upward trend in technology stocks, some fund managers opted for significant cash positions, possibly due to profit-taking from previously popular sectors or a cautious outlook on future market movements [4].

11月4日，商务部新闻发言人就安世半导体相关问题应询答记者问。 问：近期，各界高度关注安世半导体问题磋商进展，请问商务部对此有何评论？ 答：此前，中方已就安世半导体相关问题回应了有关记者的评论。我愿再次强调，荷兰政府9月30日发布行政 令，不当干预安世半导体企业内部事务，之后荷企业法庭作出剥夺中国企业股权的错误裁决，严重侵害中国企 业合法权益。此后，荷政府不顾中方多次在磋商中提出的合理诉求，没有展示出建设性态度和行动且升级全球 供应链危机。安世（荷兰）10月26日宣布停止向安世（中国）供应晶圆，导致后者无法正常生产，造成了全球 半导体产供链的动荡和混乱。对此，荷方应承担全部责任。 中方本着对全球半导体产供链稳定与安全的负责任态度，于11月1日宣布将对符合条件的出口予以豁免，并努 力促进安世（中国）恢复供货。但荷方继续一意孤行，且无解决问题实际行动，这必将加深对全球半导体供应 链的不良影响。这是中方和全球业界不愿看到的。 责编： 杨喻程 校 对： 王朝全 百万用户都在看 刚刚！两大利好，来袭！ 深夜，暴涨！美联储，重磅发声！ 突然大跌！两大变数，闪现！ 利好来了！猛增84%！ 证监会、中基协，重磅发布！公募重要 ...

Market Overview - Global stock markets experienced a sudden downturn, with Japan's Nikkei index falling over 1% and South Korea's KOSPI dropping more than 2% [1][3][5] - Australian stock indices also closed down nearly 1%, indicating a bearish trend [5] - A-shares in China saw an increase in their decline, following the negative sentiment in global markets [1][5] Factors Influencing the Market - The strengthening of the US dollar index, which recently approached the 100 mark, has negatively impacted equity valuations [7] - High-profile assets have been experiencing significant sell-offs, particularly in AI-related stocks, leading to increased pressure for profit-taking [7] - Despite some positive signals in global trade disputes, uncertainty remains, contributing to market volatility [7] Specific Market Movements - South Korea's SK Hynix saw a 5.3% drop after a significant rise of nearly 11% the previous day, highlighting the volatility in tech stocks [5] - The Australian central bank's comments on potential interest rate adjustments have added to market concerns, particularly regarding inflation and employment risks [5] - US stock index futures are also showing widespread declines, with small-cap indices down over 0.8% [5] Future Market Outlook - Short-term volatility is expected due to year-end profit-taking, but structural opportunities may still exist in the market [8] - Data from Shenwan Hongyuan indicates that the earnings risk premium (ERP) for A-shares has increased, suggesting potential value compared to global markets [8] - The valuation of the Shanghai Composite Index is currently lower than that of major global indices, indicating a potential investment opportunity [8]

Core Viewpoint - The article discusses the recent significant equity transfer involving China Railway Construction Financial Leasing Co., Ltd. (中铁金租), highlighting the increase in shareholding by China Railway Construction and its affiliates to 70.588% following the transfer of 700 million shares from Zhongcai Property Insurance [1][4]. Group 1: Equity Transfer Details - Tianjin Financial Regulatory Bureau approved the transfer of 700 million shares of 中铁金租 from Zhongcai Property Insurance to 中铁建锦鲤资产管理有限公司 (Jinli Company) [1]. - After the transfer, China Railway Construction and its affiliates will hold 24 billion shares, increasing their stake from 50% to 70.588% [1][4]. - Zhongcai Property Insurance will no longer hold any shares in 中铁金租 post-transfer [3][4]. Group 2: Company Background - 中铁金租 was established in June 2016, with a registered capital of 3.4 billion yuan, and is the first financial leasing company initiated by a central construction enterprise in China [3]. - The company focuses on integrating financial services with the construction industry, particularly in infrastructure, engineering equipment, and emerging industries [3]. Group 3: Financial Performance - As of the end of last year, 中铁金租 had total assets of 41.67 billion yuan, with operating revenue of 3.445 billion yuan and net profit of 383 million yuan, reflecting year-on-year decreases of 3.45% and 9.46%, respectively [4]. Group 4: Market Trends - There has been a noticeable increase in equity transfers among financial leasing companies this year, with at least ten significant transactions reported [6]. - The article notes that many of these transactions have not been successful, indicating a challenging market environment for equity transfers in the financial leasing sector [6]. Group 5: Capital Increase Approvals - Four financial leasing companies have received approval for capital increases this year, with notable examples including 工银金租, which increased its registered capital from 18 billion yuan to 33 billion yuan [9]. - 中信金租 also raised its registered capital from 4 billion yuan to 10 billion yuan, maintaining its status as a wholly-owned subsidiary of 中信银行 [9]. Group 6: Regulatory Changes - The upcoming implementation of the "Financial Leasing Company Management Measures" in November 2024 is expected to influence the structure and capital requirements of existing financial leasing companies [10]. - The new regulations will raise the minimum registered capital requirement to 1 billion yuan and increase the major shareholder's stake from 30% to at least 51% [10].

Core Points - The Shenzhen Intermediate People's Court sentenced members of the Bai family crime group, with five defendants receiving the death penalty and others receiving varying sentences for their involvement in serious crimes including fraud, murder, and drug trafficking [1][2]. Group 1 - The Bai family crime group, led by Bai Suocheng and Bai Yingcang, utilized their influence in the Kokang region of Myanmar to establish various businesses and engage in criminal activities, resulting in over 29 billion yuan in illegal funds [1]. - The group was involved in multiple criminal activities including telecommunications fraud, operating casinos, murder, assault, kidnapping, extortion, forced prostitution, and human trafficking, leading to the deaths of six Chinese citizens and injuries to others [1][2]. - Bai Yingcang was also implicated in the production and trafficking of approximately 11 tons of methamphetamine [1].