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U.S. officials: We believe that the U.S. participation in the APEC meeting this week was very positive and productive.
Japans construction orders rose 34.7% year-on-year in September, up from 38.9% in the previous month.
According to RIA Novosti, the Russian Ministry of Defense stated that a total of 130 Ukrainian drones were shot down last night.
On October 31st, UBS upgraded Xtep (01368.HK) from "Neutral" to "Buy," raising its target price from HK$6.4 to HK$7.6. UBS also raised its net profit forecasts for 2025-2027 by 1% to 9%, expecting the profit contribution from its brands Saucony and Merrell to significantly increase from 5% in 2024 to 16% in 2027. UBS is also optimistic about Anta Sports (02020.HK), expecting the profit contribution from its vertical brands to rise from 9% in 2024 to 31% in 2027, maintaining a "Buy" rating and a target price of HK$127.
Japans housing starts fell 7.27% year-on-year in September, compared with a forecast of -7.9% and a previous reading of -9.80%.