Onshore yuan (CNY) closed at 6.6735 per US dollar at 16:30 on Nov 9, down 24 pips from the previous trading day.

Nov 9 — Foreign Ministry spokesman Guo Jiakun, at a regular briefing, was asked by a Bloomberg reporter whether China would respond if the U.S., and in particular the Democrats who just won majorities in both chambers, pursued tighter technology restrictions after NVIDIA CEO Jensen Huang advocated selling more chips to China and looser regulation. Guo said China’s position on U.S. chip exports to China is consistent and advised asking the competent authorities for specifics.

HKEX data show BlackRock's stake in Yangtze Optical Fibre and Cable H-shares rose to 8.93% from 6.84% on Nov 4.