On November 22, the Israeli military continued its airstrikes on multiple locations in Lebanon. Hezbollah in Lebanon launched rockets and drones at Israeli targets. During the day on the 22nd, Beirut's southern suburbs continued to be heavily bombed by the Israeli military, with loud explosions heard in the city's sky and thick smoke rising from many areas. In Haret Hreik in southern Beirut, a building was hit by an Israeli airstrike, with a huge explosion heard at the scene, causing the building to collapse as if being severed in half. Into the night, Israeli airstrikes on the southern suburbs of Beirut continued, with intense explosions visible from the footage.

Recently, the administrative penalty information disclosed by the Zhejiang Branch of the People's Bank of China revealed that two third-party payment institutions were fined. Earlier, the Shanghai Branch of the People's Bank of China also issued an administrative penalty information, imposing a fine on Hui Chao Payment Co., Ltd. Overall, more than 60 penalty orders have been received by payment institutions within the year, with a total penalty amount exceeding billions of RMB. (Securities Daily)

Since the beginning of this year, the capital increase plans of 59 banks including Linshang Bank, Yantai Bank, Tai'an Bank, sichuan Tianfu Bank, and Jining Bank have been approved. Among them, nearly 50 banks are conducting targeted fundraising. These banks are mainly small and medium-sized banks such as city commercial banks, rural commercial banks, and rural financial institutions; from the perspective of regional distribution, there are many capital increases among regional banks in Shandong Province. Du Yang, a researcher at the Bank of China Research Institute, stated that the capital replenishment demand for local city commercial banks and rural commercial banks remains relatively large. First, the scale of local credit issuance continues to increase, leading to an increase in risk-weighted assets, which requires more capital for support; second, city commercial banks and rural commercial banks face a more severe low-interest spread challenge, and the growth rate of net income has significantly declined, restricting their ability to replenish internal capital; third, city commercial banks and rural commercial banks need to continuously increase their capital adequacy ratio, especially the core tier one capital adequacy ratio, to meet regulatory requirements and achieve stable operation. (Securities Daily)

In recent years, as tool-based products continue to diversify, thematic index etfs, as a branch of this category, have also experienced steady growth. As of November 22 this year, 42 new thematic index etfs have been launched, bringing the total to 423, an increase of 17.477 billion yuan from the beginning of the year, reaching 408.181 billion yuan, a growth of 4.47%. According to Wind news, as of November 22 this year, out of the 423 thematic index etfs (counting only initial funds), 341 have achieved floating profits, accounting for 81%, of which 70 products have floating profits exceeding 30%. (Securities Daily)

Continued inflow of funds from the south into Hong Kong stocks. Wind data shows that as of the close on November 22, the net inflow of southbound funds into the Hong Kong stock market for the year is approximately 688 billion Hong Kong dollars, exceeding the historical high of 672.1 billion Hong Kong dollars in 2020. Looking at just November, as of the close on November 22, the net inflow of southbound funds is 100.594 billion Hong Kong dollars, surpassing October's 83.815 billion Hong Kong dollars. From July to September this year, the net inflows of southbound funds were 47.946 billion Hong Kong dollars, 41.875 billion Hong Kong dollars, and 42.326 billion Hong Kong dollars respectively. Huang Lichong, President of Hui Sheng International Capital, told reporters that the significant influx of southbound funds into Hong Kong stocks has increased trading volume in the Hong Kong stock market, providing some support for Hong Kong stocks. (Securities Daily)

The China Banking and Insurance Regulatory Commission released the latest regulatory data yesterday (22nd), showing that by the end of the third quarter, the total assets of China's banking and insurance industry continued to grow, and the overall quality of credit assets remained stable. The data shows that by the end of the third quarter, the total assets of domestic and foreign currency of financial institutions in China's banking industry amounted to 439.5 trillion yuan, a year-on-year increase of 7.3%; the total assets of insurance companies and insurance asset management companies were 35 trillion yuan, an increase of 11.2% from the beginning of the year. The financial service capabilities of the banking and insurance industry continued to strengthen, with commercial banks maintaining stable liquidity indicators. At the end of the third quarter, the comprehensive solvency adequacy ratio of the insurance industry was 197.4%, demonstrating sufficient solvency. The overall risk absorption capacity of commercial banks was sufficient, and the overall quality of credit assets remained stable. By the end of the third quarter, the non-performing loan ratio of commercial banks was 1.56%, basically unchanged from the previous quarter.

On the 22nd local time, the Israeli Defense Forces announced that there was close-range exchange of fire between Israeli forces and Palestinian armed personnel in the northern Gaza Strip. According to Palestinian media and the Gaza Strip health department, the Israeli Defense Forces launched attacks on multiple areas in the Gaza Strip from the evening of the 21st to the 22nd, causing casualties.

Recently, the Italian USB union has called for all national railroad employees to strike from November 23 at 21:00 to November 24 at 20:59. The union demands that railroad companies change the working hours of railroad workers to four working days, with each day consisting of eight hours, and to increase salaries and provide medical and vocational training guarantees for the workers.

A senior US defense official indicated that a recent airstrike by the Israel Defense Forces on Syria resulted in the death of Ali Musa Dakduk, a senior commander of Hezbollah from Lebanon. The timing of the airstrike is currently unclear. Neither the Israeli military nor Hezbollah has responded. (CCTV News)

On the 22nd local time, the Nicaraguan Congress passed a proposal for partial modifications to the country's constitution previously proposed by Nicaraguan President Ortega. The modifications include addressing poverty, protecting national security and sovereignty, while at the same time elevating current Vice President Murillo to "co-president." (CCTV News)