Market Outlook - The market is expected to face a new round of consolidation in November, and investors are advised to pause on increasing positions [1][8]. Economic Events - The 2025 International Financial Leaders Investment Summit will be held in Hong Kong from November 3 to 5 [2]. - The 18th China-Latin America Entrepreneurs Summit will take place in Zhengzhou from November 3 to 4 [2]. Stock Market Performance - Major US stock indices saw gains at the close, with the Dow Jones up 0.09%, S&P 500 up 0.26%, and Nasdaq up 0.61% [4]. - Amazon's stock surged 9.6% after forecasting quarterly sales exceeding market expectations, driven by strong growth in its cloud computing business [4]. - Notable stock movements included Netflix up 2.7% due to a stock split announcement, and Western Digital up 8.8% on strong demand in the storage market [4]. - The Nasdaq Golden Dragon China Index rose 0.5%, with mixed performances from Chinese tech stocks [4]. Commodity Prices - International oil prices rebounded, with WTI crude oil up 0.68% at $60.98 per barrel, while Brent crude oil rose 0.11% to $65.07 per barrel [4]. - Gold prices weakened slightly, with COMEX gold futures down 0.48% at $3982.20 per ounce [4]. Corporate Developments - Vanke A is set to receive a loan facility of up to 22 billion yuan from Shenzhen Metro Group [8]. - Seres reported October sales of 51,456 new energy vehicles, a year-on-year increase of 42.89% [8]. - BYD achieved record sales of 441,706 vehicles in October [8]. - Shengxin Lithium Energy plans to introduce strategic investors, including Zhongchuang Xinhang and Huayou Holding Group [8]. - First Capital's wholly-owned subsidiary is under investigation by the CSRC [8]. - Tianhua New Energy will transfer 12.95% of its shares to CATL [8].
盘前必读丨黄金税收新规发布;比亚迪10月销量创年内新高