IMDTECL(SZ:002128) Sou Hu Cai Jing·2025-11-17 00:58Market Overview - On November 14, 2025, the A-share market saw all three major indices decline, with the Shanghai Composite Index closing at 3990.49 points, down 0.97%, and the Shenzhen Component Index at 13216.03 points, down 1.93%. The ChiNext Index fell 2.82% to 3111.51 points, with over 3300 stocks declining in total [1] - The Hong Kong market also experienced a downturn, with the Hang Seng Index closing at 26572.46 points, down 1.85% or 500.57 points. The total trading volume was 2327.88 million HKD, while the Hang Seng Tech Index dropped 2.82% [1] - In the U.S. market, the Dow Jones Industrial Average fell by 309.74 points, or 0.65%, closing at 47147.48 points, while the Nasdaq Composite Index rose slightly by 30.23 points, or 0.13%, to 22900.59 points [1] New IPOs - No new IPOs were available for subscription or listing on the day [2] Company News - Yushu Technology has completed its IPO counseling, with CITIC Securities reporting that the company is prepared for its initial public offering in China. The counseling confirmed that Yushu Technology has established the necessary corporate governance structure and internal controls, and its key stakeholders are aware of their responsibilities and obligations regarding legal compliance and information disclosure [2] Regulatory Developments - The State Administration for Market Regulation has released a draft of the "Antitrust Compliance Guidelines for Internet Platforms" for public consultation until November 29, 2025. The guidelines aim to enhance antitrust compliance management and protect the rights of relevant parties while promoting fair competition in the platform economy. The draft identifies new types of monopoly risks in eight scenarios and encourages platform operators to strengthen compliance management [3]