China alt-data trackers chartpack (Series 65): Plenty of govt bond quota left

September data and 3Q GDP broadly beat expectations, though the K-shaped divergence continued. The newly added 550bn yuan LGB quota also points to upside for 4Q and early 2027 growth. Key takeaways from the updated alt-data trackers: Trade - port tracking suggests export volume growth may have strengthened in September, likely followed by some moderation in October dragged by bulk shipping; departing ships' deadweight tonnage (excluding tankers) rose 8.0%oya mtd in October vs 14.7% in September; US-bound shipments rose 26.7%oya or 0.9%m/m nsa mtd in October; CCFI rose for routes to USEC (+5.1%) and USWC (+4.0%) but decreased for Mediterranean and Europe, and remained elevated for the Red Sea. Production - processed crude oil production contraction may have stayed at the similar pace as September (-8.4%oya);