新华财经晚报：11月份CPI同比涨幅扩大 核心CPI继续上涨

Key Points - The Consumer Price Index (CPI) in November 2025 showed a year-on-year increase of 0.7%, while the core CPI, excluding food and energy, rose by 1.2% [1] - The Ministry of Finance issued 7 billion RMB in bonds in Hong Kong, with a subscription rate of 5.22 times, indicating strong investor interest [1] - The International Monetary Fund (IMF) has raised its forecast for China's economic growth in 2025 to 5%, an increase of 0.2 percentage points from its previous report [2] Domestic News - In November, the CPI slightly decreased by 0.1% month-on-month, while the Producer Price Index (PPI) increased by 0.1% month-on-month but decreased by 2.2% year-on-year [1] - The national retail industry innovation development conference emphasized the importance of balancing innovation with traditional practices and enhancing consumer engagement through high-quality products and services [2] - The Shanghai Municipal Health Commission announced a child-rearing subsidy of 3,600 RMB per child per year for eligible families with children under three years old [3] Market Developments - Vanke held a creditors' meeting to discuss the extension of its bond "22 Vanke MTN004," which is crucial for the company's financial recovery [4] - The market showed positive sentiment towards Vanke, with its stock hitting the daily limit and its bonds performing actively amid expectations of government support for the real estate market [4]