Western officials deny that Russia has launched intercontinental ballistic missiles towards Ukraine.

According to ABC News, the Ukrainian military claimed that Russia launched intercontinental ballistic missiles, but Western officials have denied this claim.

The Russian State Duma approved the federal budget for 2025-2027.

Missile attack in the city of Kryvyi Rih, Ukraine has resulted in 15 people injured.

Local time on November 21, the military and political administration of Dnipropetrovsk Oblast in Ukraine reported that the missile attack by the Russian army on the city of Kryvyi Rih, Ukraine, has caused 15 people injured. Currently, there is no response from the Russian side. (CCTV News)

ke holdings pre-market trading fell nearly 6%, with the company's net income in the third quarter at 22.6 billion yuan.

ke holdings net income for the third quarter was 22.6 billion yuan (3.2 billion US dollars), up 26.8% year-on-year. Net income was 11.68 billion yuan (0.167 billion US dollars), with adjusted net income of 1.782 billion yuan (0.254 billion US dollars).

Shenzhen Overseas Chinese Town: The government plans to reserve land for the subsidiary's TOD project.

Shenzhen Overseas Chinese Town announced in the evening that its wholly-owned subsidiary, Wuhan Tianchuang Real Estate Co., Ltd. (hereinafter referred to as 'Tianchuang Company'), has approximately 105.32 acres of land located in the Yangchun Lake high-speed rail business district in Hongshan District, Wuhan. The original plan was to develop a high-end industrial agglomeration as a metro-covered TOD project (referred to as 'TOD project'). Considering the industrial investment attraction and real estate market situation, the government intends to reserve the TOD project land through a coordinated approach of 'reserve, adjust, and supply', changing the construction indicators from primarily commercial offices with residential support to primarily residential with commercial offices secondary, with the adjusted land being publicly auctioned. After the land reservation and planning adjustment, the land supply process will begin, with the area supplied being equal to the area reserved, and the land transfer price will be reassessed based on the adjusted indicators. Subsequently, Tianchuang Company plans to participate in the bidding for the adjusted land through public auction. Meanwhile, the TOD project has completed planning adjustment verification and was publicly announced online on October 21, 2024, completing the announcement on November 19, 2024, and is ready for adjustment conditions.

The daily increase of crude oil product Brent reached 1.00%, currently priced at $73.59 per barrel.

The U.S. Department of Commerce announced a chip plan providing up to 0.3 billion U.S. dollars to promote the development of the semiconductor packaging industry in the USA.

UOB: The European Central Bank is expected to cut interest rates by 25 basis points in December.

UOB anticipates that the European Central Bank will again lower interest rates by 25 basis points at the December meeting. Subsequently, it is expected that the European Central Bank will guide interest rates towards neutrality in a quarterly easing rhythm. The uncertainty brought by Trump's re-election as president of the usa, the impending tariffs, and the usa's support for Ukraine may impact economic sentiment in europe. Although the overall inflation outlook still indicates a moderation in cost pressures, the bank believes that European Central Bank officials may expect inflation to sustain its target only by next year.

According to the Financial Times of the United Kingdom, Fed's Barkin said he expects inflation in the USA to continue to decline.

Guangzhou Automobile Group Energy Technology has established a new company in fujian.

On November 20, Guangzhou Automobile Group Energy Technology (Fujian) Co., Ltd. was established, with Tan Mingyou as the legal representative and a registered capital of 10 million RMB. The business scope includes energy storage technology services, sales of new energy fund vehicles, sales of new energy fund battery swapping facilities, centralized fast charging stations, and more. The company is wholly owned by Guangzhou Automobile Group (601238) through Guangzhou Automobile Group Energy Technology Co., Ltd.

Ke Holdings (BEKE.N) reported a net income of 22.6 billion yuan (3.2 billion USD) for the third quarter, a year-on-year increase of 26.8%.

The Consumer Financial Protection Bureau in the United States has finalized government regulations for digital wallet and payment providers, with the new regulations aimed at subjecting technology giants like Apple and Google and financial technology companies to the same scrutiny as banks.

Beirut, Lebanon, was hit by airstrikes in the southern suburbs.

The Israeli military launched two air strikes on the southern suburbs of Beirut, the capital of Lebanon, on the 21st. The Lebanese state news agency later confirmed that Israel had launched airstrikes on the Haret Hreik area. Prior to this, the Israeli army issued evacuation warnings, urging civilians to leave some neighborhoods in the area before the attacks. (CCTV News)

German Bundesbank: It is expected that the number of bankruptcies of German companies will significantly increase in 2025; the risk of corporate defaults will continue to be high.

The intraday increase in crude oil has expanded to 1.00%, currently reported at $69.66 per barrel.

A senior American investigative journalist claims that plans are in place to formally annex the West Bank in the near future.

Senior investigative journalist Seymour Hersh announced on November 20 that US officials said Israel plans to formally annex the West Bank of the Jordan River in the near future. In response to the above statement, Israel has not currently responded. The Palestinian National Authority nominally controls the West Bank of the Jordan River, but Israel prohibits the administration in 60% of the area, which includes Jewish settlements and areas home to tens of thousands of Palestinians.

china international capital corporation: Non-executive director Mr. Deng Xingbin resigns.

china international capital corporation (03908.HK) announced on the Hong Kong Stock Exchange that our non-executive director Mr. Deng Xingbin submitted his resignation from the position of non-executive director, member of the board of directors global strategy and esg committee, and member of the board of directors risk control committee to the board of directors on November 21, 2024. This resignation is effective immediately.

Vice Chairman Jin Lao of the Social Security Fund Council met with Andrew Schlossberg, President and CEO of Invesco, USA.

Vice Chairman Jin Lao of the Social Security Fund Council met with Mr. Andrew Schlossberg, President and CEO of Invesco, USA, on the morning of November 13th. The two parties exchanged views on topics such as global capital market investment. During the meeting, Vice Chairman Jin Lao introduced the relevant situation of the Social Security Fund's investment operation and management. Mr. Schlossberg introduced the latest situation of Invesco's business in China, and shared his views on global capital market investment, Hong Kong stock market development, and other topics.

Russia claims to have intercepted two "Storm Shadow" cruise missiles within its territory.

On the 21st local time, the Russian Ministry of Defense reported that two "Storm Shadow" cruise missiles were intercepted within Russian territory. According to British media reports on the 20th, Ukraine used British-supplied "Storm Shadow" cruise missiles for the first time to strike targets within Russia. It was reported that the UK previously allowed Ukraine to use tanks and other military equipment but had always restricted the use of long-range missiles. Reports indicate that with the permission of Western countries, Ukraine used the British "Storm Shadow" missile for the first time to attack the Russian Kursk region.

Li Yunze: Give full play to the functions of the insurance industry as an economic shock absorber and a social stabilizer.

On the morning of November 21st, the China Insurance Industry Association held its seventh member congress. Li Yunze emphasized the importance of fully recognizing the critical role of the insurance industry in serving the process of Chinese-style modernization, actively integrating into the overall economic and social development, firmly returning to the origin, focusing on the main business, anchoring the direction of efforts, and supporting the establishment of a solid economic security network, social security network, and disaster prevention and control network, to fully leverage the functions of an economic shock absorber and a social stabilizer. It is crucial to grasp the correct development concept, establish a broad perspective on insurance, identify the positioning of institutions accurately, adhere to the correct management view, performance view, and risk view, continuously optimize insurance supply. Moreover, it is essential to effectively transform the development mode, accelerate the shift from pursuing speed and scale to centering on value and benefits, persist in both adherence to tradition and innovation, enhance professional operational management capabilities, improve the assessment and incentive mechanisms, promote services to extend to the grassroots, and expand products into specific segments. Additionally, it is vital to firmly guard the risk bottom line, properly handle spread risk, deeply implement the unity of regulation and business operations, strengthen the coordinated linkage of assets and liabilities, widen channels for capital replenishment, and enhance risk resilience.

Citic Securities maintains a "buy" rating on GZ Life, with a target price of HK$57.

ICE Arabica coffee futures prices hit a 13-year high, reaching $2.9750 per pound.

According to the International News Agency, Russian President Putin discussed OPEC+ matters with the Prime Minister of Iraq.

According to TASS, Russian President Putin held a phone call with the Prime Minister of Iraq.

Indonesian Vice President: Nvidia will invest in multiple cities in Indonesia, including establishing ai schools.

European Central Bank Governing Council member Stournaras: The wage growth in the third quarter is merely a temporary phenomenon.

Europe Central Bank Governor Stournaras: It is too early to determine whether the European Central Bank interest rates need to be below the neutral level now.