Key News
1. The People's Bank of China (PBOC): Starting November 15th, the reserve requirement ratio for foreign exchange deposits will be raised from the current 4% to 6%.
2. The China Securities Regulatory Commission (CSRC): Expedite revisions to the "Rules on Share Repurchase by Listed Companies" to strengthen the binding force of share repurchases aimed at supporting market conditions.
3. The CSRC plans to optimize the rules on share repurchases aimed at supporting market conditions: adding scenarios involving "below issue price," removing the six-month listing restriction, and removing restrictions on centralized bidding.
4. The PBOC: Will conduct a securities, fund, and insurance company swap facility operation on November 3rd, with applications exceeding 100 billion yuan.
5. Three departments: The policy of relending for share repurchases and increased holdings will be changed from a phased arrangement to a long-term institutional arrangement, and the relending rate will be reduced from 1.25% to 1%.
Individual Stock News
1. Dongshan Precision: 1.6T products will enter relatively large-scale shipments starting in the fourth quarter.
2. Wancheng Group: The CSRC has decided to initiate an investigation into the company for suspected violations of information disclosure regulations.
3. GigaDevice: Has cumulatively repurchased 3.1887 million shares, amounting to 1.165 billion yuan.
4. Xiechuang Data: Its controlling shareholder, Xiechuang Smart, plans to increase its holdings in the company by 500 million to 1 billion yuan.
5. Jinghua Microelectronics: The China Securities Regulatory Commission (CSRC) has decided to initiate an investigation into the company and its chairman, Lü Hanquan, for suspected violations of information disclosure regulations.
6. CATL: Has repurchased 19.6059 million shares, using a total of 5.36 billion yuan.
7. Yamatong: Trendy toy IP company Qixing Network plans to acquire 20% of its shares through an agreement; its stock will be suspended from trading starting on the 3rd.
8. Far East Shares: In October, it won/signed contracts worth over 10 million yuan totaling 1.498 billion yuan, including 277 million yuan for cables for the North American computing center.
