Federal Reserve minutes-Fed minutes pointed out that they agreed to maintain the target range of the federal funds rate at 5.25% to 5.5%; the minutes show that if there is insufficient progress on inflation, policy will be further tightened; all FOMC members agree to be "cautious" on interest rates; all members believe that interest rates will be kept restrictive for some time. Participants stressed the need to see more data showing that inflationary pressures are weakening in order to be more confident that prices will return to 2 per cent.

The Argentine stock market soared after the new president said he would abandon the peso and fully dollarize-capital markets changed after Javier Milei Mile was elected as the new Argentine president. Argentina's MERVAL index opened 20 per cent higher after the domestic stock market opened on Tuesday local time. But there is still great doubt as to whether the new president's radical economic ideas can be implemented. At the same time, the Argentine peso, which is facing being replaced by the dollar, fell sharply.

As for U. S. stocks, the three major indexes closed lower, the Fed's November FOMC minutes did not suggest a cut in interest rates, and officials agreed to keep interest rates restrictive for a period of time. Us stocks are off more than three-month highs, with the Dow down 0.18%, the Nasdaq down 0.59% and the S & P 500 down 0.2%.

Hot Chinese stocks fell, and the NASDAQ China Golden Dragon Index fell 2.23%. Iqiyi fell by more than 9%, Xiaopeng fell by more than 4%, Xilai, Futu Holdings and ideal car fell by more than 3%, bilibili fell by more than 2%, NetEase, JD.com and pinduoduo fell by more than 1%, and Baidu rose by more than 1%. Most of the large technology stocks fell, Microsoft and Amazon fell more than 1%, Tesla rose more than 2% against the market. Nvidia fell 0.92 per cent, and at one point fell more than 3 per cent in after-hours trading. Q3 performance continued to crush expectations, but warned that Q4 sales in China would fall sharply. Meta fell 0.88%, while Tesla rose 2.38%. From now on, the price of the long-lasting version of Model Y has been raised by 2000 yuan to 304400 yuan, according to Tesla's China official website.

In terms of global asset performance, the dollar index fell 0.3 per cent to 103.18 at one point, and the rise widened to 103.7 after the Fed minutes were released. The onshore and offshore renminbi rose sharply for the second day in a row, while the offshore renminbi narrowed to 220 points late in the day, hovering around 7.14 yuan. The onshore RMB closed at 7.14 yuan, or 255 points higher.

Oil prices fell more than 1% in intraday trading. Us Oil closed down for the first time in three days, while cloth oil rose in late trading and rose for three consecutive days. The dollar and Treasuries join hands to push up the price of gold. COMEX December gold futures closed up 1.08%, the highest since October 31.

1. Us Government subsidizes Advanced Packaging Industry with US $3 billion

On Monday, local time, the Biden administration announced the National Advanced Packaging Manufacturing Program, which includes about $3 billion in subsidy funds, which aims to improve the advanced packaging capability of American semiconductors and make up for the shortcomings of its semiconductor industry chain. It is also the first R & D investment under the Chip and Science Act of the United States.

two。 Maotai, Jay Chou Guan Xuan! "Maotai Cocktail" on the market

According to the official of Maotai Group, the "Guizhou flavor" series of cocktails jointly developed by Maotai Ecological Agriculture Company and MOJT Mojito has been officially released, which combines the world classic cocktails with oriental flavors, innovates the new pattern of global pre-mixed cocktails, and unlocks the new possibilities of Guizhou Moutai besides Moutai ice cream, Maotai-flavored latte and wine heart chocolate. It is worth mentioning that Maotai not only launched the cocktail that young people like together with MOJT Mojito, but also used young people's favorite singer Jay Chou as the product spokesman and the first tasting officer.

3. Nvidia Q3 performance continues to crush expectations, but warning Q4 sales in China have fallen sharply

Nvidia's third-quarter revenue is $18.12 billion and is expected to be $16.09 billion; net profit is $9.243 billion and is expected to be $7.54 billion; fourth-quarter revenue is expected to be $20 billion and the market is expected to be $17.9 billion. CFO also warned that Nvidia's sales are expected to fall sharply in the fourth quarter in China and other regions affected by the U. S. government's new export restrictions in October.

In addition, Nvidia will soon launch the third computing chip H20 in the Chinese market. It is understood that so far, domestic manufacturers have not got the sample card of H20, and it will be at the end of this month or the middle of next month at the earliest.

4. Sam Altman, the founder of OpenAI, is negotiating with the board of directors on a possible return.

Sam Altman, co-founder and CEO of artificial intelligence company OpenAI, and board members have begun negotiations to bring the ousted chief executive back to the artificial intelligence company. Sam Altman is in discussions with at least one board member, Adam D'Angelo, according to people familiar with the matter. Some investors in OpenAI are also understood to be involved in the negotiations, who are also pushing for his reinstatement.

5. 50 real estate enterprises financing "whitelist" rumors caused waves & nbsp; out of danger housing enterprises may be included

According to market sources, regulators are drafting a "whitelist" of Chinese real estate developers, possibly covering 50 large-scale real estate enterprises, including state-owned and private real estate enterprises, including Metro, Vanke and Longhu. The reporter sought confirmation from a number of housing enterprises, and some of them confirmed the existence of the above-mentioned "whitelist".

6. Brokers are required to open accounts at the Beijing Stock Exchange with an account opening rate of 80%. People from securities firms: it's true.

There was a rare rally on the North Stock Exchange yesterday, with the Beijing 50 index rising nearly 12 per cent at one point in intraday trading. With the changes in the market, there is also a rumor: the Beijing Stock Exchange supervises the headquarters of the major brokerages, requiring that the opening rate of the authority of the North Stock Exchange should reach 80% by the end of the year. A person from the business department of a number of nbsp; brokerages told reporters that their brokerage had recently issued a request to the business department to urge the opening of the authority of the Beijing Stock Exchange.

7. Qian an agreed to pay a fine of more than $4 billion, and CEO resigned.

Zhao Changpeng, CEO of Yuan'an, announced his resignation. Richard Teng, who has been a senior executive of Qian'an for a long time, will succeed Zhao Changpeng as the new CEO of Yuan'an. The US Justice Department said Yuan an pleaded guilty and agreed to pay a fine of more than $4 billion to the US authorities.

8. Tesla marches into India! It is rumored that an agreement is about to be finalised

India is close to reaching an agreement with Tesla that would allow Tesla to ship his electric cars to India from next year and build a factory within two years, according to sources. One of the people familiar with the matter said the announcement was likely to be made at the dynamic global summit in Gujarat in January.

In addition, the price of the long-lasting version of Model Y has been raised by 2000 yuan to 304400 yuan from now on, according to Tesla's Chinese official website. It is worth noting that Tesla has completed three price increases in the past half month.

9. TSMC is reportedly considering building a third factory in Japan to produce 3-nanometer chips

TSMC is considering building a third chip plant in Japan to produce advanced 3nm chips, which could make Japan an important global chip manufacturing centre, according to people familiar with the matter. The chip contract manufacturer has been informed of its supply chain partners and is considering building a third plant in Kumamoto prefecture in southern Japan, codenamed TSMC Fab-23 III, according to people familiar with the matter.

10. The construction of data exchange is hot! Guangzhou and Shenzhen will also join.

On November 21, the General Office of the Guangdong Provincial people's Government issued a circular on issuing a three-year action plan for the construction of the "Digital Bay area". Among them, it is proposed to support the Guangzhou and Shenzhen data exchanges to establish national data exchanges and to build a data element trading market in the Great Bay area with unified market systems, trading rules and platform carriers.

11. 2023 National Medicare Drug catalogue Adjustment on-site bidding has all been concluded.

At present, the on-site negotiation and bidding for the adjustment of the national health insurance drug catalogue in 2023 has all ended. A total of 168 drugs have been negotiated and competitive in four days, including 148 exclusive drug negotiations and 20 non-exclusive drug competitions. this is the largest variety of negotiations in the adjustment of health insurance drug catalogue since the establishment of National Healthcare Security Administration in 2018.

twelve。 Baidu Q3 had revenue of 34.447 billion yuan and net profit increased by 23% over the same period last year, exceeding market expectations.

Baidu's revenue in the third quarter was 34.447 billion yuan, up 5.8 percent from the same period last year and is estimated to be 34.21 billion yuan. The net profit (non-GAAP) belonging to Baidu reached 7.3 billion yuan, up 23 percent from the same period last year. Adjusted profit per ADS is estimated to be 17.61 yuan. Baidu's revenue and profit in the third quarter exceeded market expectations.

1. Hamas leaders say they are "close" to reaching a cease-fire with Israel

Ismail Haniyeh, leader of the political Bureau of the Palestinian Islamic Resistance Movement (Hamas), said on the 21st that Hamas and Israel are "close to reaching" a cease-fire agreement, according to a statement issued on the instant messaging software Telegram. "We are close to reaching a ceasefire." Haniyeh said.

two。 Will Argentina stop cooperating with the Chinese government? The Chinese side responded

Foreign media reported that Mondino, foreign affairs adviser to President-elect Mile of Argentina, said in response to questions about whether he would support and encourage trade with China that he would stop cooperation with the Chinese government. Chinese Foreign Ministry spokesman Mao Ning said on the 21st that Mondino said in the interview that there is a misunderstanding of President-elect Mile's foreign policy, and no country can break away from diplomatic relations to develop economic and trade cooperation. If Argentina severes ties with a big country like China or Brazil, it will be a serious mistake in Argentine diplomacy.

3. Hong Kong inflation 2.7% in October

According to the Census and Statistics Department of the Hong Kong Special Administrative region, the Composite Consumer Price Index rose 2.7% in October from a year earlier, higher than the 2% increase in September. Excluding the impact of the government's single bail-out measures, the underlying inflation rate is 1.7 per cent, down from 1.8 per cent in September. Among the various consumption items, increases were recorded in the prices of alcohol and tobacco, clothing and footwear, meals away from home and takeout, miscellaneous services, housing, transport, miscellaneous goods, basic foodstuffs, and electricity, gas and water. The price of durable goods fell.

4. South Korean trade data, which is regarded as the leading indicator of global economy and trade, shows signs of rebound.

According to data released by the South Korean Customs Office today, exports in the first 20 days of November rose 2.2 per cent year on year to 33.79 billion US dollars, the second consecutive month of year-on-year growth. By category, exports of semiconductors (2.4 per cent), passenger cars (20.1 per cent), petroleum products (0.4 per cent), wireless communications equipment (0.2 per cent), precision instruments (7 per cent) and home appliances (25.6 per cent) increased. In terms of export destination, exports to the United States (15.7%), Vietnam (1.4%) and Japan (10.8%) increased, while exports to China (- 2.4%) and the European Union (- 4.1%) decreased.

5. The number of influenza cases in Beijing is on the rise.

Beijing has entered the season of high incidence of respiratory infectious diseases, showing a common epidemic trend of multiple pathogens. At present, influenza is in the epidemic period, and the number of cases is rising rapidly. The Beijing Center for Disease Control and Prevention reminded citizens on the 21st to do a good job in personal protection, actively vaccinate and build an immune barrier.

1. Oil prices have fallen for four times in a row! Filling up a tank will save 13.5 yuan.

It has been learned from the National Development and Reform Commission that domestic gasoline and diesel will be cut by 340 yuan and 330 yuan per ton respectively from 24:00 on November 21. The national average is 0.27 yuan per liter for 92 gasoline, 0.28 yuan per liter for 95 gasoline and 0.28 yuan per liter for No. 0 diesel. According to the estimate of the 50L fuel tank capacity of an ordinary household car, filling up a box of No. 92 gasoline will cost 13.5 yuan less.

two。 The price of uranium has exceeded $80 for the first time in 15 years.

The price of uranium has risen above $80 a pound for the first time in 15 years because of resurgent demand for nuclear energy and supply disruptions. The futures of the uranium raw material yellowcake contract in the physical market tracked by New Zealand merchants hit 80.25 US dollars per pound on the same day.

3. The sales volume of industrial robots in China accounts for more than 50% of the world.

Since the beginning of this year, from the accelerated industrialization of humanoid robots to the fact that the industrial robot market continues to lead the world, the basic R & D capability of China's robot field has been rapidly improved and the market application has been accelerated. The latest data show that the current sales of industrial robots in China has accounted for more than half of the world, ranking first in the world for 10 years in a row. In the first ten months of this year, the output of industrial robots exceeded 350000 sets, while the output of service robots reached nearly 6.44 million sets, an increase of 21.7% over the same period last year.

4. City 21 publishes residential land and resumes "the highest bidder" in City 17.

According to the latest monitoring data of the China Index Research Institute, as of November 21, 21 of the 22 cities that have adopted the method of "two concentrated" land sales, 21 cities have issued public access to residential land, and 17 of them have resumed "the highest bidder". At present, only Beijing, Shanghai, Shenzhen and Ningbo are still implementing the land price restriction policy. Some cities in the cancellation of land prices in the first auction, the emergence of a high premium rate of land, causing great concern in the market.

5. In the peak season of the paper industry, there is a surge in prices and orders for many kinds of paper are full and in short supply.

The paper industry continued to pick up in the fourth quarter, and recently there has been an upsurge of price increases in the industry, and a number of listed companies in the paper industry have also participated in it. some companies said in a survey that the current demand for cultural paper, coated paper and other products is strong and orders are full. Chenming Paper, Sun Paper, Huatai Paper, Yueyang Forest Paper and other paper companies have announced increases in a variety of paper prices, more than 200 yuan / ton, the implementation time is mostly in mid-late November.

6. 0:3! China lost football to South Korea.

The Chinese men's football team lost 3-0 to South Korea at home in Shenzhen in the top 36 of the 2026 US-Canada-Mexico World Cup Asian qualifier held on the 21st.

Tianyin Holdings: the rumor that the Glory Terminal may be listed by a backdoor company is not in line with the facts.

Yawei Co., Ltd.: the company directly holds 10.54% stake in Suzhou Weimai Core material Semiconductor Co., Ltd.

Broadcom shares: no cooperation agreement has been signed with Huawei and does not involve "Hongmeng concept"

8 Lianban San Baishuo: the rise of the stock price is far from the fundamentals of the company. the stock price of the company is at risk of irrational speculation.

Super Communication: To be the general agent of "CIXI" brand GPU products in specific industries

Shenglong shares: the revenue of supporting oil pumps and other products for Celis accounts for a relatively small proportion

Saiwei Intelligent: The company's inspection robot-related products involve less revenue

Yesterday, in terms of A shares, all the three major indexes fell. By the close, the Prev index was down 0.01 per cent at 3067 points, the Shenzhen Composite Index was down 0.26 per cent, the gem index was down 0.44 per cent, and the rise of the North 50 index fell to 4.51 per cent from nearly 12 per cent in intraday trading. More than 3300 shares in the two markets fell, with a turnover of 998.1 billion yuan throughout the day, with a net purchase of 142 million yuan from northward funds. On the disk, the news said that the financial regulatory department planned to expand the whitelist of real estate enterprises, real estate stocks rose; short drama concept, cultural media units continued to be active. In addition, the Chiplet concept weakened throughout the day; Huawei Euler plate fluctuated lower.

As for Hong Kong stocks, the Hang Seng Technology Index closed down 0.99 per cent at 4000 points, rising nearly 2 per cent in early trading, while the Hang Seng Index and the National Index fell 0.25 per cent and 0.44 per cent respectively. On the day, most of the large-scale technology stocks, which are the subject of the market wind, fell in the afternoon; semiconductor stocks fell significantly; mobile phone equipment stocks were generally under pressure, with Tongda Group falling more than 12%; and consumer stocks such as beer and catering were collectively depressed in the afternoon. On the other hand, the gains of inner housing stocks and property management stocks narrowed slightly in the afternoon, while paper stocks, gold stocks and traditional Chinese medicine stocks still maintained a rising trend.

The main trend, November 21, northbound funds to buy A-shares net 142 million yuan, for the second consecutive day of net buying. Guizhou Moutai, Oufeiguang and Sunshine Power received a net purchase of 371 million yuan, 356 million yuan and 293 million yuan respectively. BYD leads the way in net sales, with a value of 238 million yuan. The southbound capital sold a net HK $2.436 billion of Hong Kong shares. In terms of Hong Kong Stock Connect (Shanghai), Tencent Holdings and Meituan-W received a net sale of HK $548 million and HK $447 million respectively; Xiaomi Group-W led the net purchase of HK $375 million; as for Hong Kong Stock Connect (Shenzhen), Meituan-W and Xiaomi Group-W received a net sale of HK $314 million and HK $169 million respectively, while SMIC ranked first with HK $130 million.

In the Dragon and Tiger list, a total of 36 stocks are on the Dragon and Tiger list, with the largest daily net purchase of 94.5596 million yuan. There are 12 stocks involving special seats for institutions, and the top three net purchases are Daye shares, McKa Core Lottery and Sai Wei Intelligence, which are 70.2072 million yuan, 68.9547 million yuan and 51.3337 million yuan respectively.

The financing balance of the two cities: as of November 20, the financing balance of the Shanghai Stock Exchange was 835.268 billion yuan, an increase of 3.292 billion yuan over the previous trading day; the financing balance of the Shenzhen Stock Exchange was 758.608 billion yuan, an increase of 4.828 billion yuan over the previous trading day; the total financing balance of the two cities was 1,593.876 billion yuan, an increase of 8.120 billion yuan over the previous trading day.