Venture(US:VEMLY) Xin Lang Ji Jin·2025-11-13 08:33Market Overview - The Shanghai Composite Index reached a ten-year high, with the ChiNext Index rising by 2.55% and total market turnover exceeding 2 trillion yuan [1] - The recent U.S. government shutdown and subsequent fiscal spending halt have led to liquidity pressures in the money market, impacting foreign capital flows to emerging markets [1] - Despite the strengthening of the U.S. dollar, the liquidity pressure in the U.S. market is expected to ease as government spending resumes and the Federal Reserve is likely to halt balance sheet reduction in December [1] Policy Developments - The National Energy Administration released guidelines to promote the integration and development of renewable energy, aiming for a significant shift in the industry by 2030 [2] - The guidelines emphasize the importance of system efficiency and collaborative value in renewable energy, moving away from merely increasing installed capacity [2] - The U.S. government ended a 43-day shutdown with a temporary funding bill signed by President Trump, which will provide funding until January 30, 2026, alleviating immediate economic concerns [3] Market Performance - On November 13, A-shares saw an increase, with the Shanghai Composite Index closing at 4029.50 points, up 0.73%, and the Shenzhen Component Index rising by 1.78% [4] - The market turnover reached 20,658.28 billion yuan, showing an increase from the previous trading day [5] - The MACD indicator has formed a bullish crossover signal, suggesting positive momentum for certain stocks [6]