The Wall Street Journal reports that the Chinese stock market has entered a bear market, with Morgan Stanley warning of a potential further decline of 10% to 15% before hitting bottom, noting that state-backed fund purchases may only provide short-term support.
On November 3, the headquarters of Chongqing Kunpeng Payment Service Co., Ltd. was crowded with a large number of people demanding rights. Multiple merchants and agents reported that their POS devices have frequently experienced issues such as funds not arriving and delayed settlements recently.
According to domestic media reports on November 3, Bai Baoguo, an associate professor at Yan'an University, has passed away, leaving behind a suspected suicide note accusing the school of chaotic research assessment. Before his death, he was rated as unqualified in his assessment due to failing to meet the targets for horizontal research funding and academic papers for two consecutive terms, and was facing demotion or reassignment. [Follow-up · November 4, 2026] On the evening of November 4, the Shaanxi Provincial Department of Education issued a statement saying that it had formed a joint investigation team with relevant parties, which is conducting a comprehensive investigation and verification, and will handle the matter in accordance with laws and regulations.
On November 3, staff at the Social Affairs Bureau of the Ganzhou Economic and Technological Development Zone in Jiangxi confirmed that the family subsistence allowance for the girl who triggered a warning after traveling to Hong Kong for a concert has been cancelled. The district publicity department stated that the matter will be handled in accordance with laws and regulations.
On November 3, the Shanghai Bendibao WeChat official account posted that starting in 2030, the minimum contribution period for employees to receive a basic pension will be gradually increased from 15 to 20 years, rising by 6 months each year until it reaches 20 years in 2039. Netizens in the comment section responded with sarcasm and mockery.
Recently, the schedule for Jinghua High School in Suining County, Xuzhou, Jiangsu, showed that students begin morning reading at 7 AM and finish their studies at 9:30 PM, with only a 40-minute lunch break and a 45-minute afternoon practice session scheduled after lunch.
After an internal appeal failed, the teaching assistant posted their experience online. Subsequently, their office access was revoked and their employment contract was terminated. The contract stipulated a work week of no more than 40 hours over five days.
On November 3, netizens discovered that as the APEC meeting approaches, white barriers have been installed at parking areas for electric bicycles near subway stations on Longzhu Avenue and other locations in Nanshan District, Shenzhen, to conceal the vehicles, sparking mockery from netizens who called it an act of 'burying one's head in the sand' and a waste of money.
On November 3, a netizen in Shaanxi posted with a photo of a document, claiming that BYD will adjust its wage plan for grassroots employees. Performance bonuses will be merged into additional incentives; those who receive them will no longer be eligible for compensatory leave, and income adjustments will be linked to production volume and attendance.
On November 3, China Fund News published an article citing external factors such as the decline in the South Korean stock market, the drop in U.S. tech stocks, and the U.S. midterm elections to explain the A-share correction. The related topic entered the top ten trending list on Weibo, drawing mocking comments from netizens.
A woman posted a video stating that she purchased a Bull power strip on Pinduoduo labeled as '100% authentic' and 'ten times compensation for fakes.' Upon receiving it, she discovered the power cord plug was not an original Bull part. The merchant admitted the cord end was from another brand, and the product page simultaneously claimed it was authentic while noting it came with a non-original cord.
On November 3, a netizen in Zhejiang posted a recruitment poster from a Mixue Bingcheng store, which explicitly stated that it only hires employees aged 16 to 22, sparking questions from netizens about whether young people are easier to manipulate and willing to accept lower wages.
A parent posted online that the school repeatedly urged their child to get the HPV vaccine. After refusing once, the teacher still stated that without it, "attending school in the second half of the year will be difficult," leading the parent to question if this was a threat.
On November 3, Beijing Youth Daily published a commentary refuting the claim that there is no need to be sensitive about controversies like Mbappe and 'The Bureau'. It stated that being confused on issues of right and wrong is a form of spiritual rickets, and advocated for cutting off channels commercially and pursuing the matter to the end, in order to form international public opinion default rules favorable to China.
On November 3, a woman in Inner Mongolia took her child to demand unpaid wages from China Petroleum Pipeline Bureau No. 2, was driven away, and subsequently posted a video accusing the company of wage arrears.
On November 3, the Guangxi Commission for Discipline Inspection and Supervision announced that Deng Guofu, former Party Secretary and President of the Guangxi Academy of Agricultural Sciences and a hybrid rice expert, has been expelled from the CCP and is under investigation. He had been engaged in hybrid rice breeding for nearly 40 years, resigned as a member of the Guangxi CPPCC at the end of January this year, and was placed under investigation at the end of May.
On November 3, Shenzhen announced temporary traffic control measures during the APEC meeting via the "Shenzhen Fabu" WeChat official account: from November 17 to 20, between 6:00 and 22:00 daily, non-Guangdong B licensed passenger cars are prohibited from driving in the six districts of Futian, Luohu, Nanshan, Bao'an, Longgang, and Longhua, and trucks are also subject to restricted access by category and time period.
On November 3, a netizen posted a video demonstrating that when using a certain domestic Android phone to dial the 120 emergency number, the screen failed to enter the call interface. Instead, it popped up 'shake-to-open' ads for Douyin Lite, Meituan, JD.com, etc. The slightest movement caused automatic redirection, making it difficult to close.
After posting a video, the student commented that college teachers came to find him. He stated that he refused private negotiations and demanded that all negotiation outcomes be made public.
On November 3, a food delivery rider near Lanxi Road in Shanghai was stopped by traffic police while delivering food. Suspected of jumping into a river due to a fine, a large number of police, firefighters, and rescue personnel arrived at the scene to forcibly pull him ashore.
On November 3, the management of Changsha Martyrs Park responded that the clothing and swords were anime props, adding that they do not recommend visitors wear Japanese-style clothing in the park and will advise them to leave as soon as they are discovered.
On November 3, The Wall Street Journal cited research from The Accounting Review, stating that Chinese companies provide less information in their English annual reports compared to their Chinese versions. The probability of them responding to inquiries from foreign investors is only half that of domestic investors, leading to lower forecast accuracy for foreign analysts.
On November 3, People's Daily Online published a signed commentary claiming that the Japanese right-wing is feeding falsified historical data into mainstream large models and recruiting writers to use AI to mass-produce false content involving China.
On November 3, a US netizen posted a video stating that screenshots of a recently released movie sent to friends were repeatedly blocked by WeChat. Even after cropping and blurring, they could not be sent, but sending them via Douyin succeeded, sparking discussions among netizens about WeChat's censorship mechanism.
On November 3, employees of "Mango Shared E-bikes" at Wuhan University posted that they had been owed three to four months of wages. They stated that leaders would not answer their calls or reply to messages, and the rights defense post was deleted shortly after it was published.
On November 3, French Sud Radio comedian Régis Mailhot teased Kylian Mbappé for committing an unforgivable mistake—telling the truth by bluntly calling Mao Zedong a dictator and shouting 'Free Tibet,' while simulating an apology to Beijing after the radio station was supposedly acquired by China.
On November 3, a netizen posted that screenshots from the Android version of Taobao taken a few months ago contained invisible watermarks, which were visible when zoomed in. The user encountered significant trouble after sending the screenshots to others. In the comments section, some netizens claimed they had received calls from customer service demanding they delete posts after sharing Taobao shopping screenshots, while others confirmed they had also discovered the watermarks.
On November 3, a Beijing netizen posted that two police officers visited their home at night, claiming that big data showed their Xiaomi phone had installed the drone debugging software Betaflight. The officers entered the room, ordered the resident to open drawers and cabinets while recording the entire process, and searched their two mobile phones.
On November 3, Zhang Xue posted a video responding to media criticism, stating, "Now you're being arrogant? Choices are mutual. You cannot force me to raise the salary for fresh graduates to 200,000, just as I cannot force you to come to work."
On the afternoon of November 3, the netizen's accounts on platforms including Douyin, Xiaohongshu, Kuaishou, and Xianyu were all permanently banned, and they are worried that their WeChat account will also be banned.
On November 3, a netizen in Shaoshan, Hunan, posted a video showing a Mao Zedong statue being hoisted at the entrance of a school. Many netizens in the comments section expressed their support and hoped for this to be implemented across the country.
In the group photo of the banner presentation reported by the media, none of the 8 people were frontline sanitation workers wearing uniforms. Netizens in the comment section questioned the act as making life difficult for the grassroots while leaders take the credit.
Starting November 1, labor protection supply merchants in Chengdu have been subjected to inspections. On the morning of November 3 at 10:00 AM, a large number of staff members at the Delixi Market inspected merchants, filled out inquiry records or inspection forms, and the inspections continued after lunch.
On November 3, Bona Film Group explained to the Securities Times that some theaters were closed due to losses, leading to delays in settlement and wage payments. The company stated that the relevant wages have been properly handled and that it will conduct a self-inspection of payroll across all its cinemas.
Recently, a netizen in Guangdong posted a video: A man was chopping meat on the roadside, with the cut pieces piled on a mat on the ground. He used his foot twice to push the meat pieces together with his shoe, while a person nearby continued to shovel the meat into bags using a plastic dustpan.
Recently, a restaurant in Nanjing put up a sign at its entrance reading "Kylian Mbappé and related derivatives are prohibited from entering," attracting widespread attention.
On November 3, during an online patrol, the Rongchang Public Security Bureau in Chongqing discovered individuals insulting each other. Upon visiting their homes, they confirmed that both parties were minors and provided them with criticism and education.
The Xiangwen platform made public the reply from the human resources and social security department of Yueyanglou District regarding a wage complaint filed by an employee of a Yueyang Daily subsidiary. The reply stated that statutory employee claims enjoy priority repayment and advised the employees to seek rights protection through the bankruptcy administrator, without mentioning investigation results or the reissue date for wages. The page showed the matter as processed.
On November 3, a netizen-made program called the "Cow-Horse Encourager" or "Work Encourager" went viral. Its interface displays workers' current earnings in real time, accompanied by a countdown to off-work and encouraging quotes. Some netizens said it helps relieve workplace stress.
On November 3, a netizen posted a video stating that iQiyi densely displayed scrolling bullet-screen ads marked with advertising labels in a grid pattern on official drama playback screens. The author remarked that this was an "exclusive official watermark" and "the last time supporting official versions," which sparked mockery among netizens.
Jiangxi Urban Channel's "Urban Scene" program criticized Zhang Xue for discussing equity returns for veteran employees in the context of current compensation for fresh graduates, calling his remarks indicative of "misplaced arrogance."
On November 3, a mainland netizen posted about their trip to Taiwan, highlighting cultural details such as Taiwan's cultural currency subsidies, accessible facilities, gender-friendly advocacy, convenient MRT services, and polite language.
On November 3, Wuhan News video account reported that a citizen lost their wedding ring, and 6 sanitation workers found it after searching through 7 tons of trash for 2 hours.
After attending and speaking at the Beijing Xiangshan Forum in mid-September, Defense Minister Dong Jun missed the ASEAN Defense Ministers' Meeting and has been out of contact for a month and a half.
On November 2, Guo Yonghang, who served as the top aide to Ma Xingrui in Guangdong, was expelled from the Party and public office and transferred to judicial authorities, involving the Ma family's capital chain and urban renewal projects in Shenzhen.
Google released a report stating it had dismantled a botnet controlling over 1.3 million TV set-top boxes, noting that the backdoor was developed by Shenzhen Shizhuang Technology and used for malicious ad fraud and bandwidth rental.
Li Chengpeng posted, saying 'Tremble, Iron-Hat Princes,' pointing out that the Central Committee's decision explicitly states for the first time that there shall be no 'Iron-Hat Princes' or 'iron-clad guarantees' (Dan Shu Tie Quan).
Trump hinted that he might sign an Iran deal, sending oil prices plunging by over 7% that day.
East China Normal University issued a notice stating that classes will be suspended across the entire campus on November 16 due to the district-level People's Congress election, sparking public questioning regarding the real power of candidates and students' right to know.
An explosion occurred in a residential complex in Wuchang, with official reports stating two deaths and one injury. However, the specific cause has not been released for several days, sparking online rumors.