Couple of thoughts this week that haven’t been mentioned yet:

- Potential for China to use the US election for a more offensive stance on Taiwan, does anyone feel this is more/less likely than a few weeks ago? The US latest arms sale announced this week to Taiwan telling?;

- IPO of Alibaba backed Ant Group this week on November 5, +USD300bn valuation, A-share entity drew over USD2 trillion of subscriptions. State media seems to be treading carefully on this one as not an SOE so I have not seen as much chest beating from the state media channels as I would have expected;

- HSBC and/or China Bank sanction talk (both from the US or China side) seems to have gone very quiet. Both sides too focused on the US election now?