China's State Council executive meeting, chaired by Premier Li Qiang, called for accelerating implementation of major projects and construction of the "six networks". It urged support for firms to expand equipment renewal and intangible-asset investm

Domestic News 1. State Council Executive Meeting: Improve the capital market stabilization mechanism, enhance the inherent stability of the stock market, and promote the steady and healthy development of the capital market. 2. Shenzhen Stock Exchange revises the compilation scheme of the ChiNext Index: Gradually adjust the upper limit of the weight of a single sample stock to 15%. 3. State Administration of Radio and Television deploys a new round of special governance work on micro-dramas, which will last for two months. 4. National Development and Reform Commission: Expedite the introduction of supporting policies to support the cultivation and development of new scenarios for "six-network synergy". 5. Six leading securities firms completed swap facility operations today, implementing the first batch of stock investments. International News 1. Trump: I 100% support "super intelligence". 2. European Central Bank considers reviewing bank loans to data centers. 3. Samsung Electronics CEO spends 630 million won to increase his holdings of company stock. 4. Democrats plan to investigate Apple, Meta, and Musk's companies. 5. Federal Reserve's Williams: Inflation is too high and has lasted too long. 6. TSMC plans to enter advanced memory chip manufacturing, responding to Nvidia's request to develop 3D DRAM. 7. Deputy Governor of the Central Bank of Kazakhstan: Plans to reduce the proportion of gold in reserves to below 75% in the medium term. 8. US seasonally adjusted non-farm payrolls in October reached 165,000, a new high since March; the US unemployment rate in October was 4.1%, unchanged from market expectations of 4.2%. The combined increase in US non-farm payrolls for August and September was revised upwards by 84,000. 9. Middle East Situation ① Iran: The US needs to take concrete action. ② Revolutionary Guard: Shot down another US drone. ③ Iranian and Iraqi foreign ministers held a telephone conversation. ④ Iranian Foreign Minister Araghchi spoke with Tunisian Foreign Minister Nafti by telephone. ⑤ Iranian sources are willing to negotiate, provided that Iran's legitimate demands are met.

German 10-year government bond yield was little changed after US data, rising 2 bps to 3.26%.