Group 1: Economic Policies and Developments - The Chinese government is committed to deepening capital market reforms and expanding high-level financial openness to support modernization, welcoming foreign financial institutions and long-term capital investments [1] - The State Administration of Foreign Exchange announced nine policy measures to facilitate cross-border trade and support trade development [1] - The Central Enterprise Strategic Emerging Industry Development Fund has officially launched, raising 51 billion yuan in its first phase [1] Group 2: Corporate Earnings and Financial Performance - Guizhou Moutai reported Q3 revenue of 39.064 billion yuan, a year-on-year increase of 0.56%, and a net profit of 19.224 billion yuan, up 0.48% [4] - Industrial Fulian's net profit for the first three quarters reached 22.487 billion yuan, a year-on-year increase of 48.52% [4] - China Petroleum & Chemical Corporation (Sinopec) reported a net profit of 29.984 billion yuan for the first three quarters, a year-on-year decrease of 32.2% [4] Group 3: Employment and Labor Market - In the first three quarters, China added 10.57 million urban jobs, maintaining overall employment stability, with a September urban survey unemployment rate of 5.2%, down 0.1 percentage points from the previous month [1] Group 4: Market Performance - The Shanghai Composite Index rose by 0.7% to 4016.33, while the Shenzhen Component Index increased by 1.95% to 13691.38 [3] - The onshore RMB was quoted at 7.0993, down 3 points, and the offshore RMB at 7.0964, down 22 points [3]
新华财经早报:10月30日