重磅预告！就在今日上午10时……盘前重要消息有这些

New Stock Offerings - Hai'an Group is set to launch an IPO with a subscription code of 001233, priced at 48.00 CNY per share, with a maximum subscription limit of 14,500 shares [1] Economic and Regulatory Developments - The Ministry of Commerce of China has agreed to discussions with the Netherlands regarding semiconductor supply chain stability, emphasizing the need for constructive solutions [4] - The People's Bank of China reported that the total social financing increased by 30.9 trillion CNY in the first ten months of 2025, up by 3.83 trillion CNY year-on-year, with a year-on-year growth rate of 8.5% for the total social financing stock [5] - The Financial Regulatory Bureau plans to release a revised "Commercial Bank Merger Loan Management Measures" to support mergers and transformations of various enterprises, including tech companies [5] - The Ministry of Industry and Information Technology announced the completion of the first phase of 6G technology trials, with over 300 key technology reserves established [5] - A new regulation on oil and gas infrastructure management will take effect on January 1, 2026, aiming to streamline investment mechanisms and encourage private capital participation [5] Company Performance - Tencent Holdings reported third-quarter revenue of 192.87 billion CNY, a year-on-year increase of 15% [8] - JD Group's third-quarter revenue reached 299.1 billion CNY, reflecting a year-on-year growth of 14.9% [9] - Semiconductor Manufacturing International Corporation (SMIC) posted a net profit of 1.517 billion CNY in the third quarter, marking a significant year-on-year increase of 43.1% [10] Market Trends and Analyst Insights - Huatai Securities noted that the current A-share profit cycle is improving, with signs of recovery in asset balance sheets and orders, suggesting a positive outlook for sectors like advanced manufacturing and TMT [21] - Zhongyuan Securities highlighted the lithium battery industry's ongoing upward trend, recommending close monitoring of raw material prices and policy developments while focusing on leading companies in the sector for long-term investment [22]