Hong Kong's Secretary for Commerce and Economic Development, Edward Yau, departed for Beijing this afternoon (November 20) for a visit. During his trip, he will meet with the Ministry of Commerce to introduce Hong Kong's latest developments in promot

[CNY/USD Central Parity Rate in the Interbank Foreign Exchange Market on November 20, 2025] USD/CNY was quoted at 7.0905, up 33 points (CNY depreciation); EUR/CNY was quoted at 8.1918, down 246 points; HKD/CNY was quoted at 0.91064, up 4.1 points; GBP/CNY was quoted at 9.2742, down 553 points; AUD/CNY was quoted at 4.6080, down 101 points; CAD/CNY was quoted at 5.0575, down 168 points; JPY/CNY was quoted at 4.5207, down 428 points; CNY/RUB was quoted at 11.3241, down 742 points; NZD/CNY was quoted at 3.9893, down 268 points. The RMB/MYR exchange rate was 0.58523, down 6.2 points; the CHF/RMB exchange rate was 8.8168, down 517 points; and the SGD/RMB exchange rate was 5.4359, down 154 points.

Key News 1. Both the one-year and five-year LPRs remain unchanged. 2. Shanghai Gold Exchange: Continue to strengthen market risk control. 3. Private equity firms are the main subscribers to ETFs, with smaller firms showing more active participation. 4. Report: Sales in China's chip design industry are expected to grow by 29.4% year-on-year in 2025, returning to a high-growth range. Individual Stock News 1. Data on main capital flows shows that Xin Yisheng saw the largest net inflow of main capital at 961 million yuan, followed by Dazhong Public Utilities, Tianfu Communication, Founder Technology, and Dongcai Technology; Duofuduo saw the largest net outflow of main capital at 1.377 billion yuan, followed by Shannon Chip Innovation, CATL, Aerospace Development, and BYD. 2. Bank of China responds to record-high share price: The company's fundamentals have not changed significantly, and the company is currently monitoring share price fluctuations. 3. Hefu China surges nearly 300% in 15 days after resuming trading and hitting the daily limit again; the company responds: There is no additional positive information. 4. A director raised objections to the pre-restructuring; China Fortune Land Development responded: Any new developments will be disclosed as soon as possible. 5. Does Haichen Energy Storage have any plans to list through your company? Xiamen Xinda: The company has no such plans. 6. CITIC Bank: Will enable overseas online security locks for some customers based on their overseas account transaction usage. 7. 37 Interactive Entertainment established two internet technology companies, both including animation and game development businesses. 8. Beijing Junzheng: Storage price increases will drive the company's storage product sales revenue growth. 9. Anli Shares: Cooperation with Google mainly focuses on the application of polyurethane composite materials related to electronic products, accounting for a relatively small proportion of overall revenue.