Vanke's domestic corporate bonds rebounded after hitting a low point, with "22 Vanke 04" rising by more than 31% and "22 Vanke 02" rising by more than 27%.

ECB meeting minutes: In addition, some argue that forecasts for more distant periods are less informative and that monetary policy may have a smaller impact on those periods.

Domestic News: 1. Premier Li Qiang chaired an executive meeting of the State Council, hearing a report on the comprehensive inspection of promoting high-quality development, deploying the work of provincial-level pooling of basic medical insurance, reviewing and approving the "Draft Regulations on Promoting National Reading," and discussing the "Draft Amendment to the Law of the People's Republic of China on Certified Public Accountants." 2. A spokesperson for the Ministry of Commerce answered reporters' questions regarding bilateral communication between China and Malaysia on the "Malaysia-US Reciprocal Trade Agreement": China welcomes Malaysia resolving differences with other countries through trade agreements. However, any agreement should not affect global trade development and regional cooperation, nor should it harm China's interests. 3. The State Administration for Market Regulation held its fifth symposium on fair competition for enterprises in 2025, focusing on the theme of "Promoting Fair Competition and Optimizing the Business Environment," and held in-depth exchanges with foreign-invested enterprises such as Samsung, BMW, Johnson & Johnson, Bayer, CP Group, Procter & Gamble, and IKEA, soliciting opinions and suggestions. 4. The National Press and Publication Administration: 178 domestically produced online games and 6 imported games were approved in November. 5. Data released by the Hong Kong Fire Services Department shows that as of 10 PM, the fire in Tai Po, New Territories, Hong Kong, has resulted in 75 deaths and 76 injuries. 6. Tianpu Shares: The company has applied for a trading suspension of its shares starting November 28, 2025, and will resume trading after the disclosure of the verification announcement. International News: 1. US B-52H bombers conducted attack exercises in the Caribbean Sea. 2. Sources: OPEC+ is expected to maintain its production levels at its Sunday meeting, or finalize a capacity assessment mechanism. 3. ECB meeting minutes: The outlook remains uncertain; continuing to wait for more information still has significant value as an option. Some believe the interest rate cut cycle has ended. 4. Russia-Ukraine situation: ① Russian President Putin: The US peace plan may form the basis for the Ukraine agreement; the peace agreement currently has no final version; a US delegation will visit Moscow next week and may discuss arms control issues with US officials; once Ukrainian troops withdraw, the fighting will cease. ②A senior aide to the Ukrainian president: The work of the Ukrainian and American delegations on the peace plan will continue this weekend.