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On November 14th, Orbbec announced that its 3D visual perception technology can accurately capture three-dimensional spatial information. Combined with its self-developed algorithms, it empowers various AI smart terminals with core capabilities such as environmental perception, intelligent interaction, and dynamic navigation. Furthermore, the company launched its independent chip R&D program in its second year of operation and has completed the tape-out of more than 10 chips to date, covering iToF, dToF photosensitive chips, and dedicated ASIC computing chips.On November 14th, the State Financial Regulatory Commission released key regulatory indicators for the banking and insurance sectors in the third quarter of 2025. Among these, at the end of the third quarter of 2025, the liquidity coverage ratio of commercial banks was 149.73%, up 0.48 percentage points from the end of the previous quarter; the net stable funding ratio was 127.67%, up 0.08 percentage points from the end of the previous quarter; the liquidity ratio was 80.10%, up 0.21 percentage points from the end of the previous quarter; the excess reserve ratio for RMB was 1.53%, up 0.01 percentage points from the end of the previous quarter; and the loan-to-deposit ratio (RMB domestic caliber) was 80.46%, up 0.11 percentage points from the end of the previous quarter.On November 14th, local commerce departments were instructed to strengthen the construction of local used car export credit evaluation systems. They were to conduct daily supervision and dynamic management of enterprises in accordance with the "Negative List of Dishonest Behaviors in Used Car Exports," regulating business practices and export competition. Enterprises exhibiting dishonest behavior were to be promptly summoned for talks. Enterprises with repeated acts of dishonesty, failure to provide timely technical and spare parts support for exported vehicles, or failure to fulfill quality assurance obligations, or whose legal representatives or related parties had established separate enterprises to conduct used car export business, should be ordered to formulate and implement corrective measures for their previous dishonest behavior. When reviewing export license applications, the implementation of corrective measures should be comprehensively considered in deciding whether to grant a license.November 14th - Starting January 1, 2026, for vehicles applying for export that are less than 180 days (inclusive) from their registration date, local commerce authorities should guide local enterprises to submit a "Confirmation of After-Sales Service" issued by the vehicle manufacturer. This confirmation should include the country of export, vehicle information, and information on after-sales service outlets, and should be stamped with the manufacturers official seal. Vehicles for which the above materials cannot be provided will not be issued export licenses. For vehicles whose transfer registration has been completed and are awaiting export procedures before the implementation date of this notice, enterprises should be guided to fulfill their contracts and export in an orderly manner.Sources say Indian Oil Corporation has purchased 4 million barrels of West African crude oil for delivery in January to early February.

S&P 500 Price Forecast – Stock Markets Recover Back Into the Same Range

Alice Wang

Oct 21, 2022 15:49

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Technical Analysis of the S&P 500

The S&P 500 has risen a little during Thursday's trading session since there is still a lot of volatility. Since there haven't been many significant macroeconomic pronouncements, to be very blunt, I don't believe there's much to move things around outside conjecture. We are, however, in the middle of earnings season, so there may sometimes be a surprise. However, from a technical analysis perspective, I notice that we are reaching a large resistance barrier, thus it is important to note that we may see sellers enter this market again.


Many people would be paying special attention to the 3675 level beneath as a support level, but if we decline below it, I believe we might reach the 3600 level. Although I enjoy the way this chart looks in the brevity, we are still not quite there. We'll have to wait and see how that develops, but the 50-Day EMA continues to be crucial and is a key technical barrier that some people will be paying careful attention to. It would be quite positive if we were to break above it, but it's tough to see that occurring without some kind of stimulus. In the end, I believe that the market does fade and that we are simply looking for a wider trading range. The earnings season will still be a nuisance, and volatility is certain.