Jin10 Data compiles key news from yesterday through this morning

TechFlow, November 12: According to Jin10 Data, key domestic news from yesterday through this morning includes: the State Taxation Administration said taxation of offshore trust income is proceeding smoothly and in an orderly manner, with cumulative individual income tax filings on offshore trust income exceeding RMB 160 billion; data from the China Association of Automobile Manufacturers showed that October auto production and sales each exceeded 3 million units, with new energy vehicle sales up 13.1% year over year; the China Securities Regulatory Commission said it is seeking public comments on the Guiding Opinions on Advance Compensation in the Securities Market and plans to further refine the implementation procedures for advance compensation; the People's Bank of China released the Q3 China Monetary Policy Implementation Report, stating that it will continue to implement a moderately accommodative monetary policy and enhance policy foresight, flexibility and precision.

Internationally, reports say Anthropic's mega IPO has been multiple times oversubscribed; U.S. media report that Nvidia is preparing to remove Jensen Huang, and Nvidia fell 9% after hours. The LME aluminum spot premium hit its highest level in more than 30 years, while inventories fell to their lowest since 1990; OPEC's monthly report forecasts global oil demand growth of 2.55 million barrels per day in 2027. In addition, Russia and Ukraine agreed in principle to a new large-scale prisoner exchange, and reports say agreement has been reached on four of the seven U.S.-Iran negotiation conditions.

Source: TechFlow