China adjusts drone export controls
中国调整无人机出口管制；西班牙列车相撞后救援队驰援肯尼亚
The Ministry of Commerce, General Administration of Customs, and Equipment Development Department of the Central Military Commission issued Announcement No. 49 of 2026, optimizing and adjusting export control measures for drone-related items [1]. In markets, the SSE Composite fell 0.43% to 3681.47, while the ChiNext rose 3.40% to 2634.76. USD/CNY dropped 0.16% to 6.65, 3.0σ below its 30-day mean.
商务部、海关总署、中央军委装备发展部发布2026年第49号公告，优化调整无人机相关物项出口管制措施 [1]。 市场方面，上证综指下跌0.43%至3681.47点，创业板指上涨3.40%至2634.76点。 美元兑人民币下跌0.16%至6.65，较30日均值低3.0个标准差。
Against the Evening Snapshot of 01:07 Beijing time, this edition adds 1 new signal and carries 0 forward. New on the board: MOFCOM, customs, and military equipment department adjust drone export controls.
Economy & Markets
Deviation watch
- 2.46
Stock Connect SZSE Northbound ETF Turnover
Stock Connect SZSE Northbound ETF Turnover at 3,303.72 is 2.5σ above its 30-day mean (1,920.55, +72.02%)
- 2.37
USD/CNY
USD/CNY at 6.65 is 3.0σ below its 30-day mean (6.69, -0.55%)
- 2.17
USD/CNH
USD/CNH at 6.66 is 2.7σ below its 30-day mean (6.7, -0.56%); USD/CNH at 6.662 is the lowest in 83 observed days (prior min 6.663, -0.02%)
- 2.09
Crude (WTI)
Crude (WTI) at 102.62 is 2.6σ above its 30-day mean (93.32, +9.97%)
- 2.05
CN Govt Bond Yield 5Y
CN Govt Bond Yield 5Y at 1.34 is 2.0σ below its 30-day mean (1.39, -3.67%)
- 2.01
Harbin
Harbin at -2 is 2.0σ below its 30-day mean (5.38, -137.15%)
Market snapshot
Last completed session (2026-10-28) · SSE Composite 3681.469 ▼0.43% · Shenzhen Component 11473.181 ▼0.53% · ChiNext 2634.76 ▲3.40% · USD/CNY 6.6549 ▼0.16% · USD/CNH 6.6617 ▼0.04%
Demographics & Employment
China's ageing response still lacks carer and youth-unemployment numbers
- 2026-10-30
Quarterly Report on Production and Operation of Cultural and Related Industries Above Designated Size
- 2026-10-31
Monthly Report on Purchasing Managers' Index
- 2026-11-09
Monthly Report on Consumer Price Index
- 2026-11-09
Monthly Report on Producer Price Index for Industrial Products
- 2026-11-16
Monthly Report on Sales Price Index of Commercial Residential Housing
- 2026-11-16
Monthly Report on Energy Production
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China Snapshot, China Snapshot Limited, a publication of CHINA SNAPSHOT LIMITED (Hong Kong). Chinese sources machine-translated by DeepSeek; interpretation drafted by a language model under our editorial standards; corrections to support@china-snapshot.com.