China International Capital Co said US October CPI (seasonally adjusted MoM) rose 0.4% (Sep 0.6%); core CPI SA MoM rose 0.3% (Sep 0.3%), both above market expectations. Core CPI SA MoM has recorded a 0.3% increase for a third consecutive month, supporting further Fed tightening. While Fed Governor Waller has not ruled out a 50bp move in December, the firm judges policy is not clearly behind the curve and financial conditions have tightened marginally, so the necessity to accelerate hikes is limi

China A-shares opened slightly lower and then diverged; the Shanghai Composite failed to sustain its rebound while the Shenzhen Composite and ChiNext recovered from intraday lows. By midday the Shanghai Composite was down 0.24%, the Shenzhen Composite up 0.11% and the ChiNext up 0.99%; combined turnover on Shanghai and Shenzhen stood at 928.3 bln yuan and more than 2,700 stocks were higher. Optical communications led gains, with multiple names hitting daily limits including Zhishang Technology, Qingshan Paper, Huamai Technology and Jianqiao Technology; Taichengguang jumped over 12%, while Yuanjie Technology, Xinyisheng and Zhongji Xuchuang also advanced. PCB concept stocks extended strength—Guangyang Shares hit the limit, Baiao Intelligent rose more than 15%, and Dongshan Precision, Jiepute and Zhixin Precision moved higher. Photovoltaic equipment stocks rallied then retreated; Zerun New Energy and Yamadun hit limits, Jincheng led gains, but Maiwei fell over 12% and names such as Dongfang Risheng and Beiteli slipped. Liquor stocks weakened; Huangtai fell more than 5%, with Shanxi Fenjiu, Luzhou Laojiao, Wuliangye and Kweichow Moutai also lower.

美國11月EIA次年短期前景美國原油產量預期 1430萬桶/日，前值1430萬桶/日。