川财证券：研究所晨报-20241108

Group 1: Market Overview - The A-share market experienced a total transaction volume of 26,241 billion yuan, with the three major indices retreating [2][5] - The recent victory of former US President Trump in the 2024 presidential election has led to a decline in gold prices and a short-term pressure on the RMB exchange rate [2][5] - The 14th National People's Congress Standing Committee emphasized a supportive monetary policy stance and increased counter-cyclical adjustments [2][5] Group 2: Carbon Market Insights - In October, the national carbon market saw a significant increase in trading activity, with carbon emission allowance (CEA) trading volume reaching 132.46 million tons, a month-on-month increase of 69.05% [3][9] - The closing price for CEA in October was 104.01 yuan per ton, reflecting a month-on-month increase of 3.68% [3][9] - The trading volume in the pilot carbon markets was concentrated in Hubei, Fujian, Shenzhen, and Beijing, accounting for 96.42% of the total trading volume [3][9] Group 3: Green Finance Developments - The report highlights the diversity and widespread nature of carbon finance practices across various regions, including Macau, Chongqing, and Taiwan [3][9] - Financial institutions such as banks and exchanges are actively participating in carbon finance, providing funding support and trading platforms to promote green finance [3][9] - Recent government initiatives include the issuance of guidelines to improve carbon emission statistics and promote green finance to support sustainable development [9]