GMT EIGHT - OPPORTUNITIES IN CHINA

US Stock Market Move | General Motors Company (GM.US) rises over 6% as it seeks to switch to Nasdaq to reshape its image as a tech company.

On Tuesday, General Motors (GM.US) opened higher and continued to climb. As of press time, it was up more than 6%.

US Stock Market Move | Corning Inc (GLW.US) Reverses Decline as Q3 Results Beat Market Expectations Across the Board

On Tuesday, Corning (GLW.US) fell in early trading, dropping more than 4% at one point, before reversing course to trade higher. As of press time, it was up slightly by 0.11%.

JIANGSU EXPRESS (00177) reported a net profit attributable to shareholders of RMB3.853 billion for the first three quarters, up 0.42% year on year.

Jiangsu Expressway (00177) announced its results for the first three quarters of 2026, with operating revenue of RMB15.396 billion, up 18.6% year on year; net profit attributable to shareholders of the listed company of RMB3.853 billion, up 0.42% year on year; and basic earnings per share of RMB0.7649.

US Stock Market Move | Boeing Company (BA.US) opened lower and extended losses, falling over 7%; its third-quarter core loss exceeded market expectations.

On Tuesday, Boeing (BA.US) opened lower and extended its losses, falling over 7% as of press time, with a cumulative decline of over 27% since August.

Robotechnik Intelligent Technology (03757) subsidiary intends to purchase a German property for EUR9.8 million.

Robotechnik Intelligent Technology (03757) announced that on October 27, 2026, the board resolved to approve the entry into a property acquisition agreement between FSG, a wholly-owned subsidiary of the Company (as purchaser), and Mato (as vendor), pursuant to which FSG intends to purchase and Mato intends to sell the properties for a total consideration of EUR9.8 million.

Red Avenue New Materials Group (09607): First three quarters revenue from specialty rubber additives was RMB1.646 billion.

Red Avenue New Materials Group (09607) announced that in the first three quarters of 2026, revenue from specialty rubber additives was RMB1.646 billion, revenue from electronic chemicals was RMB1.093 billion, and revenue from other new materials was RMB512 million.

Robotechnik Intelligent Technology (03757) reported net profit attributable to shareholders of approximately RMB61.4854 million for the first three quarters, up 182.26% year on year.

Robotechnik Intelligent Technology (03757) announced its results for the first three quarters of 2026, with operating revenue of approximately RMB1.001 billion, up 140.51% year on year; net profit attributable to shareholders of the listed company of approximately RMB61.4854 million, up 182.26% year on year; and basic earnings per share of RMB0.37.

HUANENG POWER (00902) reported a net profit attributable to shareholders of RMB7.822 billion for the first three quarters, down 47.29% year on year.

Huaneng Power International, Inc. (00902) announced that for the first three quarters of 2026, it achieved operating revenue of RMB165.849 billion (the same unit hereinafter), down 4.12% year on year; net profit attributable to shareholders of the listed company was RMB7.822 billion, down 47.29% year on year; basic earnings per share were RMB0.39.

Red Avenue New Materials Group (09607) reported a net profit attributable to shareholders of RMB522 million for the first three quarters, up 5.66% year on year.

Red Avenue New Materials Group (09607) announced that for the first three quarters of 2026, operating revenue was RMB3.264 billion, up 29.37% year on year; net profit attributable to shareholders of the listed company was RMB522 million, up 5.66% year on year; basic earnings per share were RMB0.85.

OIWAHPAWN (01319) Announces Interim Results: Profit Attributable to Shareholders HK$53.463 million, Up 39.3% Year-on-Year

OIWAHPAWN Credit (01319) announced its results for the six months ended August 31, 2026, with revenue of HK$84.115 million, up 2.6% year-on-year; profit attributable to shareholders of HK$53.463 million, up 39.3% year-on-year; basic earnings per share of 2.8 HK cents, and a proposed interim dividend of 1.4 HK cents per share.

OIWAHPAWN (01319) will distribute an interim dividend of HK$0.014 per share on November 26.

OIWAHPAWN Credit (01319) announced that it will distribute an interim dividend of HK$0.014 per share for the six months ended August 31, 2026, on November 26, 2026.

A-share Evening Highlights | Up to 13 times! PCB concept stocks post sharp earnings growth, with 10 stocks reporting collectively

On October 27, 10 listed companies in the PCB industry chain collectively released their third-quarter reports, with Nan Ya New Material and Jin'an Guoji posting third-quarter net profit growth of more than 10 times.

Improved expectations for employment and the business environment; U.S. consumer confidence unexpectedly rebounds in October, rising for the first time in four months.

U.S. consumer confidence rose 7.5 points to 91.7 in October, the highest level since June of this year, far exceeding the 81 expected by economists surveyed by the media.

DELTON (01989) reported net profit attributable to shareholders of approximately RMB1.488 billion for the first three quarters, up 105.59% year on year.

Guanghe Technology (01989) announced its results for the first three quarters of 2026, with operating revenue of approximately RMB6.99 billion, up 82.25% year on year; net profit attributable to shareholders of the listed company of approximately RMB1.488 billion, up 105.59% year on year; and basic earnings per share of RMB3.27.

US Stock Market Move | Tesla, Inc. (TSLA.US) opened higher and climbed further, rising over 2.6%, with its market capitalization approaching US$1.6 trillion.

On Tuesday, Tesla, Inc. (TSLA.US) opened higher and climbed further. As of press time, it was up about 2.6%, back above US$400, with a total market capitalization approaching US$1.6 trillion.

Healthcare stocks have risen 23% over the past six months, leading the S&P 500; earnings reports from giants such as Eli Lilly (LLY.US) will determine whether the rally can continue.

As investor confidence in AI-related stocks has been shaken, Wall Street funds are accelerating their flow into the healthcare sector in search of shelter from technology stock volatility.

US Stock Market Move | Semiconductor stocks collectively rose in early trading, with Broadcom Inc. (AVGO.US) up nearly 5%.

On Tuesday, US semiconductor stocks rose in early trading, with Broadcom Inc. (AVGO.US) up nearly 5% and AMD (AMD.US) up over 4%.

Within 16 months, guidance raised 4 times: "Customer success" is becoming the growth driver for WuXi AppTec (02359).

WuXi AppTec's cumulative operating revenue, profit, adjusted free cash flow, and other core metrics for the first three quarters have all fully surpassed full-year 2025 levels, securing the baseline for full-year performance ahead of schedule.

HUANENG POWER (00902) plans to increase capital by RMB315 million in Shidaowan Nuclear Power in proportion to its shareholding

Huaneng Power International, Inc. (00902) announced that on October 27, 2026, the Company, the other shareholders of Shidaowan Nuclear Power and Shidaowan Nuclear Power entered into a capital increase agreement, pursuant to which the Company and the other shareholders of Shidaowan Nuclear Power will subscribe for the new registered capital of Shidaowan Nuclear Power in cash on a pro rata basis in accordance with their respective shareholding percentages. The Company will subscribe for part of the new registered capital of Shidaowan Nuclear Power for RMB315 million. Upon completion of this capital increase, the registered capital of Shidaowan Nuclear Power will increase to RMB7.643 billion, and the Company's shareholding percentage in Shidaowan Nuclear Power will remain unchanged at 22.5%.

US Stock Market Move | Q3 revenue beats market expectations, SoFi Technologies (SOFI.US) rises about 12%.

On Tuesday, SoFi Technologies (SOFI.US) rose more than 8% in early trading, and as of press time, the gain widened to 12%.

"Cornerstone therapy" potential highly recognized, ZAI LAB (09688) zoci continues to expand future value boundaries

Whether it can become a first-line "cornerstone therapy" for small cell lung cancer will ultimately be answered by Phase III overall survival data. But the ESMO data at least show that replacing first-line chemotherapy with a safer ADC is no longer just a hypothetical. From second-line to first-line, from monotherapy to combination therapy, the development path for Zoci is gradually coming into focus.

US Stock Market Move | Memory concept stocks rise broadly; SK Hynix (SKHY.US) gains over 2%.

On Tuesday, the three major U.S. stock indices opened higher collectively, with memory concept stocks rising broadly. SK Hynix (SKHY.US) gained over 2%.

French bond market hides a "time bomb"? Foreign ownership share nears a decade high; capital flight could worsen market turmoil.

The French debt market's heavy reliance on foreign investors is raising concerns, as this factor could become another trigger for market volatility.

Midland: Year-to-date registrations for Hong Kong second-hand private residential properties have reached HK$280.8 billion, a 5-year high

In 2026, transactions in mid-to-high-priced second-hand private residential properties in Hong Kong have been notably active, driving year-to-date registrations for second-hand private residential properties to surpass last year's full-year total ahead of schedule.

OCUMENSION-B (01477): Fluocinolone acetonide intravitreal implant approved by the National Medical Products Administration for production in mainland China

OCUMENSION-B (01477) announced that the group's fluocinolone acetonide intravitreal implant has recently been approved by the National Medical Products Administration of the People's Republic of China for production in mainland China.

AI computing power demand overwhelms advanced packaging capacity! Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSM.US) reportedly plans to raise prices by 10-20%, putting cost pressure on NVIDIA Corporation and Apple Inc.

TSMC plans to raise advanced packaging quotes by 10%-20%: the bottleneck for AI computing power has moved from the capacity sheet to the cost sheet.

Morgan Stanley: Gold's hedging role needs to be repositioned; still maintains metals as top asset class pick

Morgan Stanley said it will maintain gold as its top pick among metals assets and set a target price of US$5,000 per ounce for the second quarter of 2027.

How can CoreWeave's (CRWV.US) financing dilemma be resolved? Bernstein lowers its funding gap estimate, but the hundred-billion-dollar "cash crunch" still hangs overhead like a sword.

Bernstein's latest research report recalculates the capital expenditure required for CoreWeave to fulfill approximately US$129 billion in pending delivery orders, revising its previous estimate of about US$75 billion in incremental capital to US$44-68 billion, narrowing the external financing gap to US$18-42 billion.

Domestic futures night session opens

Container shipping index Europe route futures fell 6.96% consecutively, lithium carbonate rose 3.77% consecutively, platinum fell 3.22% consecutively, coking coal rose 3.03% consecutively, polysilicon rose 2.67% consecutively, and live hogs rose 2.52% consecutively.

U.S. September durable goods orders rebounded, core capital goods shipments accelerated, and equipment investment remains resilient.

U.S. September durable goods orders rose 1.8% month-on-month, rebounding sharply from the previous reading of -0.1%, but the increase fell short of the market expectation of 2.0%, indicating that although manufacturing is still expanding, the pace of expansion is slightly below expectations.

PC market suffers worst Q3 in 20 years: Can Intel Corporation (INTC.US) and AMD (AMD.US) turn things around with servers and AI?

The traditional PC business is enduring an epic winter, and can servers become the lifeline for performance?

WH GROUP (00288): In the first three quarters, Smithfield's attributable net profit was US$574 million, down 13% year-on-year.

WH GROUP (00288) announced that Smithfield Foods, Inc. (Smithfield) recorded revenue of US$10.937 billion for the nine months ended September 27, 2026, down 3.2% year-on-year; net profit attributable to Smithfield was US$574 million, down 13% year-on-year.

China Railway Signal & Communication Corporation (03969) reported a 11.53% year-on-year decline in net profit attributable to shareholders for the first three quarters, totaling RMB2.021 billion.

China Railway Signal & Communication Corporation (03969) announced that for the first three quarters of 2026, it achieved operating revenue of RMB21.033 billion (the same unit below), a year-on-year decrease of 3.28%; net profit attributable to shareholders of the listed company was RMB2.021 billion, a year-on-year decrease of 11.53%; and basic earnings per share were RMB0.19.

Revenue visibility strengthens + AI upside potential begins to emerge! Cadence Design Systems (CDNS.US) gets Morgan Stanley price target raised to $400 after earnings.

Morgan Stanley reiterated its "Overweight" rating on Cadence Design Systems with a price target of $400, implying about 24% upside from the stock's Monday closing price of $322.17.

Suzhou Novosense Microelectronics (02676) reports net profit attributable to shareholders of RMB83.6555 million for the first three quarters, turning profitable year-on-year.

Novosense (02676) announced that for the first three quarters of 2026, it achieved operating revenue of RMB4.226 billion (the same below), up 78.66% year on year; net profit attributable to shareholders of the listed company was RMB83.6555 million, compared with a loss of RMB140 million in the same period last year; basic earnings per share were RMB0.52.

CRYPTO FLOW (08198) intends to cooperate with DC ARK in AI computing power and AI data center businesses.

CRYPTO FLOW (08198) announces that on October 27, 2026, Next Flow Technology Limited, a wholly-owned subsidiary of the Company, entered into a non-legally binding memorandum of understanding with DC ARK SDN BHD in respect of the proposed cooperation to develop AI computing power and AI data center businesses in Malaysia and other regions as may be agreed by the parties.

A-Share Announcement Highlights | Controlling shareholder to be changed to Guosheng Group; 26.99% stake in Shanghai Chinafortune (600621.SH) priced at RMB3.966 billion

Shanghai Chinafortune's controlling shareholder, Yidian Group, will transfer a 26.99% stake to Guosheng Group and Guomao Holdings at RMB13.85 per share, for a total consideration of RMB3.966 billion, with the controlling shareholder changing to Guosheng Group. Gree Electric's shareholder Jinghai Internet plans to increase its holdings by RMB600 million to RMB1.2 billion. All shares held by Sanan Optoelectronics' controlling shareholder have been judicially frozen.

Jl Mag Rare-Earth (06680) reported a net profit attributable to shareholders of RMB760 million for the first three quarters, up 47.48% year on year.

Jl Mag Rare-Earth (06680) announced that in the first three quarters of 2026, the company continued to consolidate its advantageous position in the new energy and energy conservation and environmental protection sectors and actively expanded into emerging markets. The company achieved operating revenue of RMB7.566 billion, up 40.81% year on year; net profit attributable to shareholders of the listed company of RMB760 million, up 47.48% year on year; and net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses of RMB684 million, up 58.93% year on year. The company's consolidated gross margin reached 21.57%, an increase of 2.08 percentage points from 19.49% in the same period last year.

Ingenic Semiconductor (03223) reported a net profit attributable to shareholders of approximately RMB2.616 billion for the first three quarters, up 922.95% year on year.

Ingenic Semiconductor (03223) announced its results for the first three quarters of 2026, with operating revenue of approximately RMB7.102 billion, up 106.66% year on year; net profit attributable to shareholders of the listed company of approximately RMB2.616 billion, up 922.95% year on year; and basic earnings per share of RMB5.3709.

QINGCI GAMES (06633) provides loan facilities totaling no more than RMB50 million to directors Yang Xu and Huang Zhiqiang

QINGCI GAMES (06633) announced that on October 27, 2026, the Company entered into loan agreements with Mr. Yang Xu and Mr. Huang Zhiqiang respectively, pursuant to which the Company (as lender) agreed to provide loan facilities with principal amounts of no more than RMB46 million and RMB4 million respectively to Mr. Yang Xu and Mr. Huang Zhiqiang (as borrowers) in accordance with the terms of the relevant loan agreements, for personal financial arrangements.

Boeing Company (BA.US) Q3 Revenue Beats Expectations; Widening Losses in Commercial Aircraft Business Weigh on Profitability; Cash Flow Performance Becomes the Biggest Surprise

Boeing announced its third-quarter 2026 results before the U.S. market opened on Tuesday.

Where does the growth momentum for Jiangsu Hengrui Pharmaceuticals (01276) in the third quarter come from?

For Jiangsu Hengrui Pharmaceuticals (01276), what is more noteworthy than its current performance is who will take over the next round of growth.

General Motors Company (GM.US) Abandons NYSE for Nasdaq in Bid to Reshape Tech Company Image

General Motors (GM.US) plans to move its stock listing from the New York Stock Exchange to the Nasdaq Global Select Market.

Ningbo Joyson Electronic Corp. (00699) reported a net profit attributable to shareholders of RMB958 million for the first three quarters, with total profit of RMB1.376 billion.

Joyson Electronics (00699) announced that for the first three quarters of 2026, it achieved operating revenue of RMB41.887 billion (the same unit below); total profit of RMB1.376 billion; net profit attributable to shareholders of the listed company of RMB958 million; and basic earnings per share of RMB0.62.

Huaqin Co.,Ltd.(03296) reported a net profit attributable to shareholders of RMB4.323 billion for the first three quarters, up 39.53% year on year.

Huaqin Technology (03296) announced its results for the first three quarters of 2026. The Group recorded operating revenue of RMB166.014 billion, up 28.81% year on year; net profit attributable to shareholders of the listed company was RMB4.323 billion, up 39.53% year on year; basic earnings per share were RMB2.95.

DU DU HLDGS (08250) subsidiary intends to acquire a Hong Kong commercial office property for HK$12 million.

DU DU HLDGS (08250) announced that on October 26, 2026, the purchaser (Golden Degree Capital Services Limited, an indirectly wholly-owned subsidiary of the Company) intends to purchase the property from the vendor (Fubon Shipping Limited) at a consideration of HK$12 million. The property to be acquired is Unit 1, 14th Floor, Yue Xiu Building, 160-174 Lockhart Road, Wan Chai, Hong Kong, a commercial office property with a total gross floor area of approximately 1,800 square feet, currently occupied by the vendor.

Estun Automation (02715) acquires a 19.4574% stake in Estun Automation Jiangsu Intelligent for approximately RMB211 million.

Estun Automation (02715) announced that on October 27, 2026 (after trading hours), the Company and Seller A signed the Equity Transaction Contract for the acquisition of a 19.4574% equity interest in Estun Jiangsu Intelligent for a consideration of approximately RMB211 million. Upon completion of Acquisition A, the Company will hold a 69.608% equity interest in the target company, which will remain a subsidiary of the Company, and its financial results will continue to be consolidated into the Group's financial statements.

Guangdong Dtech Technology (01377) reported a net profit attributable to shareholders of RMB1.15 billion for the first three quarters, up 307.44% year on year.

Guangdong Dtech Technology (01377) announced that for the first three quarters of 2026, it achieved operating revenue of RMB3.487 billion (the same currency unit below), up 139.25% year on year; net profit attributable to shareholders of the listed company was RMB1.15 billion, up 307.44% year on year; basic earnings per share were RMB2.78.

Corning Inc (GLW.US) Q3 revenue beats expectations, marking the fastest growth since the launch of the Springboard plan.

Corning (GLW.US) released its third-quarter 2026 results before the U.S. market opened on October 27. Core sales for the quarter were US$5.081 billion, up 19% year over year, beating market expectations of approximately US$5.02 billion.

CANSINOBIO (06185) reported a net profit attributable to shareholders of RMB16.2913 million for the first three quarters, up 12.82% year on year.

CANSINOBIO (06185) announced its results for the first three quarters of 2026. For the nine months ended September 30, 2026, it achieved operating revenue of RMB882 million, up 27.4% year on year; net profit attributable to shareholders of the listed company was RMB16.2913 million, up 12.82% year on year. Basic earnings per share were RMB0.07.

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South Asia New Materials (688519.SH) released its performance for the first three quarters, with net profit attributable to the parent company of 1.451 billion yuan, a year-on-year increase of 817.72%.

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Oled (688378.SH) released its performance for the first three quarters, with net profit attributable to the parent company of 182 million yuan, a year-on-year increase of 481.77%.

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Kingsoft Office (688111.SH) released its performance for the first three quarters, with net profit attributable to the parent company of 2.637 billion yuan, a year-on-year increase of 123.77%.

6 m ago

U.S. Stocks in Motion | General Motors (GM.US) Surges Over 6% on Plans to Switch to Nasdaq to Rebrand as a Tech Company

7 m ago

Zhongju High-tech (600872.SH) released its first three quarters performance, with net profit attributable to the parent company of 611 million yuan, a year-on-year increase of 60.72%.

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