- Profit at industrial companies in China picked up last month as prices recovered, but growth was skewed towards high-polluting heavy industry.
- According to the National Bureau of Statistics, profits in October rose 9.8% to 616.1B yuan ($89.1B).
- The biggest gains were seen in the traditional raw material production sector and smaller returns in high technology and equipment manufacturing.
- ETFs: FXI, ASHR, YINN, CAF, FXP, YANG, PGJ, GXC, MCHI, PEK, CHN, TDF, XPP, ASHS, CNXT, YXI, CHAU, YAO, CN, FCA, GCH, CHAD, CXSE, CHII, CHIM, KBA, JFC, KFYP, AFTY, HAHA, ASHX, CNHX, XINA, CNYA