China Internet: Trends observed from this year’s Double 11 shopping festival Thoughts on Nvidia’s customized AI chips for China China Construction Machinery: Assessing the impact of the European Commission’s anti-dumping investigation against China-made AW Will Humane’s AI-powered screenless device become the successor to smartphones？ China Policy: Credit growth stabilized thanks to fiscal expansion 3Q Rev/NP +21%/94%; low-teen growth for 2024E Fixed Income Daily Market Update Guidance cut after a weak Double 11 festival Fixed Income Daily Market Update Natural gas HDT +14.8x YoY in Oct on low base; Expect momentum to continue; Weichai our top pick