Market Data - As of November 14, the Shanghai Composite Index fell by 0.97% to 3990.49 points, the Sci-Tech Innovation 50 Index dropped by 2.72% to 1361.23 points, the Shenzhen Component Index decreased by 1.93% to 13216.03 points, and the ChiNext Index declined by 2.82% to 3111.51 points [1] - In the U.S. stock market on the same day, the Dow Jones Industrial Average decreased by 309.74 points, closing at 47147.48 points, a drop of 0.65%. The S&P 500 Index fell by 3.38 points to 6734.11 points, a decline of 0.05%, while the Nasdaq Composite Index rose by 30.23 points to 22900.59 points, an increase of 0.13% [1] - International oil prices increased on November 14, with light crude oil futures for December delivery rising by $1.40 to $60.09 per barrel, a gain of 2.39%, and January delivery Brent crude oil futures increasing by $1.38 to $64.39 per barrel, a rise of 2.19% [1] Economic News - The State Council of China held a meeting on November 14 to discuss policies aimed at enhancing the adaptability of supply and demand in consumer goods and to promote consumption [2] - The State Administration for Market Regulation released a draft guideline on antitrust compliance for internet platforms, addressing competitive behaviors and providing clear guidelines for platform operators [2] - The Ministry of Commerce and other departments issued a notice to strengthen the management of second-hand car exports, requiring additional documentation for vehicles registered less than 180 days before export [3] Company Updates - Semiconductor company SMIC reported that despite a traditional seasonal slowdown, it expects Q4 revenue to remain flat or grow by 2%, with a projected annual sales revenue exceeding $9 billion [7] - Industrial Fulian responded to rumors regarding a reduction in cabinet shipments and performance expectations, stating that current project progress and delivery schedules are normal [10] - Berkshire Hathaway disclosed its Q3 holdings, with a total market value of $267 billion, indicating a significant investment in Alphabet, suggesting a potential shift in investment strategy [8]