BYD's market share in Brazil doubled in October to 9.7%.

GF Securities participated in the PBOC's third Securities, Fund and Insurance Companies Swap Facility (SFISF) tender and was awarded an allotment. This is GF Securities' third consecutive SFISF award since it began participating in October 2024.

The Islamic Revolutionary Guard Corps navy said early on the 3rd that three oil tankers exploded and caught fire while transiting an "illegal" channel in the Strait of Hormuz. The vessels, the IRGC said, had switched off navigation and identification systems and struck mines; they are now grounded on the strait’s southern shore. The IRGC navy said Iran had repeatedly broadcast navigation rules to all ships and warned that violations could result in such incidents.