**China Securities Journal** - **Lithium Hexafluorophosphate Prices Soar, Doubling Shares of Industry Leaders** The spot price of lithium hexafluorophosphate, a key electrolyte material, surged to 121,500 yuan/ton on November 7, marking a 146% increase from its mid-July low of 49,200 yuan/ton. Shares of leading companies like Do-Fluoride and Tianji Lithium have doubled during this period.
- **State-Owned Investor Takes Over Panel Giant Visionox** Visionox announced a private placement of 419 million shares at 7.01 yuan/share to Hefei Jianshu, raising up to 2.937 billion yuan for working capital and debt repayment. Post-placement, Hefei Shushan District Government will become its controlling shareholder.
- **Tech Sector Remains in Focus: Luxshare Precision Attracts Over 220 Institutional Surveys** Consumer electronics leader Luxshare Precision received visits from more than 200 institutions in November, topping A-share companies in institutional interest. Its shares closed at 59.9 yuan on November 7, with a market cap of 436.2 billion yuan.
- **JD.com Launches First Car at 89,900 Yuan** JD.com, partnering with GAC Group and CATL, unveiled the Aion UT Super with a battery-leasing option priced at 49,900 yuan and full purchase at 89,900 yuan—significantly below market expectations.
**Shanghai Securities News** - **Mutual and Private Funds Pour Over 35 Billion Yuan into Electronic Sector Placements** Private funds participated in 53 A-share private placements this year, totaling 5 billion yuan, while mutual funds invested over 30 billion yuan in 37 placements, with electronics being the preferred sector.
- **Final Trading Day Alert: Convertible Bonds Risk Double-Digit Losses** Investors holding Sheng 24 and Tongcheng convertible bonds face potential losses exceeding 13% and 19%, respectively, if not redeemed by November 10.
- **Over 1 Trillion Yuan Flows South, Reshaping Hong Kong Market** The Hang Seng and Tech Indexes have surged over 30% YTD, driven by industrial transformation and policy shifts, signaling a broad repricing of Chinese assets.
- **Gold Market Stable Post-Tax Reform** Physical investment gold at major banks remains steady in supply and pricing despite new tax rules.
**Securities Times** - **Commerce Ministry Reiterates Stance on Nexperia Dispute** The ministry responded to EU concerns over Nexperia, emphasizing responsibility lies with the Netherlands.
- **eVTOLs Promise 10-Minute Shanghai Commutes** Air taxis showcased at the China International Import Expo could slash travel time between Shanghai’s airports to 10 minutes, priced from 50 yuan.
- **Over 30 Listed Brokers Replace Supervisory Boards with Audit Committees** CITIC Securities and peers are restructuring governance per new Company Law, phasing out supervisory boards by 2026.
- **Quantum Tech Hits Historic Highs on Policy Tailwinds** China’s quantum computing breakthroughs and state backing propelled the sector index to record levels.
**Securities Daily** - **October CPI Turns Positive, PPI Decline Narrows** CPI rose 0.2% YoY, while PPI fell 2.1%, reflecting steady economic recovery. Analysts expect mild inflation ahead.
- **A-H Premiums Diverge Amid Dual Listings Boom** 16 A-share firms raised 104 billion HKD in Hong Kong this year, with most trading at premiums to their H-shares except CATL and Hengrui Pharma.
- **1.2 Trillion Yuan Debt Restructuring Reshapes Property Sector** Sunac and Country Garden’s debt cuts highlight a shift from extensions to write-offs, though operational reforms remain critical for long-term recovery.
- **Five Firms Investigated in One Day Show Regulatory Toughness** Simultaneous probes into alleged financial fraud and disclosure violations underscore China’s “zero tolerance” stance.