Interbank government bond yields fell sharply. The 30-year "26 Super-Long Special Government Bond 04" yield dropped 1.3 bps to 2.0370%, the lowest versus ChinaBond valuation since 26 August 2025. The 10-year "26 Coupon-Bearing Government Bond 16" yield fell 0.85 bps to 1.58%, hitting a historical low versus ChinaBond valuation.

US four-week moving average of initial jobless claims for week ending Oct. 31: 194,750; prior value revised from 196,750 to 197,000.

On Nov. 6 at the 2026 Mobile Network Conference, China Mobile chairman Chen Zhongyue said the operator will build a next‑generation network to serve as a "digital‑intelligence base." Key actions include core network upgrades, deeper hotspot coverage, dedicated 5G railway networks, and accelerated development, industry collaboration and field deployment of super‑uplink technology. China Mobile will deepen space‑ground integration by building the Tianqi satellite constellation and strengthening near‑shore, island and border connectivity to deliver seamless, always‑online coverage. It plans to expand international network infrastructure — including digital corridors for Belt and Road projects — to boost reach and resilience; promote co‑build/share and full‑band coordination to raise full‑spectrum network quality; explore cross‑industry infrastructure co‑construction; and consolidate 5G while advancing 6G and extending network boundaries across space‑ground, comms‑intelligence and comms‑sensing integration.