Core Insights - The report highlights the recent trends in the U.S. bond market, indicating a slight increase in the 2-year Treasury yield by 0.63 basis points to 3.608% while the 10-year yield decreased by 0.78 basis points to 4.137% [5] - The report notes a 0.8% year-on-year increase in China's general public budget revenue from January to October, alongside a significant 88.1% increase in securities transaction stamp duty during the same period [4] - The automotive industry in China experienced a notable growth in exports, with October exports reaching 666,000 vehicles, marking a 22.9% year-on-year increase [4] Economic Data Summary - The Baltic Dry Index closed at 2125.00, reflecting a 2.31% increase, while major U.S. indices such as the Nasdaq and Dow Jones saw declines of 0.84% and 1.18% respectively [6] - The ICE Brent crude oil price was reported at $64.03, down by 0.56%, and the London gold spot price was $4044.51, decreasing by 0.92% [6] - The exchange rate for the U.S. dollar against the Chinese yuan (CFETS) was 7.10, showing a slight increase of 0.06% [6] Market Performance - The Hang Seng Index closed at 26384.28, down by 0.71%, while the Hang Seng Tech Index fell by 0.96% [6] - The Shanghai Composite Index ended at 3972.03, reflecting a decrease of 0.46%, and the Shenzhen Composite Index remained relatively stable with a slight increase of 0.01% [6]