China A-shares rose over 1% at midday; Shanghai Composite +1.08%, ChiNext Index +2.74%, Shenzhen Composite +2.15%.

On Nov 1 local time, the Sudan Armed Forces said drone strikes hit multiple energy facilities in River Nile and Northern states, severely damaging a power station in Abu Hamed, a power station in Dalaba and two fuel storage facilities, triggering widespread power outages across central and northern Sudan. The SAF blamed the Rapid Support Forces for the attacks; the RSF had not responded.

On Nov. 1 local time, Saudi-led coalition spokesman Turki al-Maliki said via social media the coalition carried out a precision strike that morning aimed at destroying key resources the Houthi movement uses to support its military operations. Al-Maliki said Houthi attacks threaten civilian lives, civilian infrastructure and the security of Saudi, Yemeni and southern Red Sea shipping. The coalition affirmed it will continue necessary measures to prevent the Houthis from using such resources. The statement did not disclose the strike’s location or results.