GMT EIGHT - OPPORTUNITIES IN CHINA

China Securities Co.,Ltd.: A-shares have currently started a second round of recovery rally.

In terms of industry allocation, continue to adopt the approach of balanced allocation, layered positioning, and flexible adjustment.

Accounting for 11.21% of DUIBA's (01753) total share capital! The largest founder donation to an ESOP by share ratio in Hong Kong stock market history

DUIBA (01753) announced that its controlling shareholder, Xiaoliang Holding Limited (Xiaoliang Holding), entered into a donation agreement with an employee stock ownership award platform on September 20, 2026.

CITIC SEC: Actively seize the final offensive window for A-shares within the year.

From the perspective of short-term sentiment and the chip cycle, combined with the catalyst of third-quarter earnings, the market has the soil for active capital to attack new technologies and new themes.

TIANJUDIHE (02479) Announces 2026 Interim Results: Loss Attributable to Shareholders of RMB 2.714 Million, Turning from Profit to Loss Year-on-Year

TIANJUDIHE (02479) Announces 2026 Interim Results: Revenue of RMB 180 Million, Down 26.99% Year-on-Year; Loss Attributable to Shareholders of RMB 2.714 Million, Turning from Profit to Loss Year-on-Year; Loss per Share of RMB 0.05 Text: TIANJUDIHE (02479) announced its interim results for the six months ended June 30, 2026. The Group recorded revenue of RMB 180 million (unit: same below), a year-on-year decrease of 26.99%; loss attributable to owners of the Company of RMB 2.714 million, turning from profit to loss year-on-year; loss per share of RMB 0.05.

TIANJUDIHE (02479) Announces 2025 Annual Results: Loss Attributable to Shareholders of RMB 17.453 Million, Turning from Profit to Loss Year-on-Year

TIANJUDIHE (02479) Announces 2025 Annual Results: Loss Attributable to Shareholders of RMB 17.453 Million, Turning from Profit to Loss Year-on-Year TIANJUDIHE (02479) announced its results for the year ended December 31, 2025. The Group recorded revenue of RMB 509 million (same unit below), a year-on-year decrease of 15.04%; loss attributable to owners of the Company of RMB 17.453 million, turning from profit to loss year-on-year; loss per share of RMB 0.35.

TIANJUDIHE (02479) Announces 2025 Interim Results, Profit Attributable to Shareholders of RMB 5.873 Million, Down 32.07% Year-on-Year

TIANJUDIHE (02479) Announces 2025 Interim Results, Profit Attributable to Shareholders of RMB 5.873 Million, Down 32.07% Year-on-Year TIANJUDIHE (02479) released its interim results for the six months ended June 30, 2025. The Group recorded revenue of RMB 247 million (same unit below), a year-on-year decrease of 4.62%; profit attributable to owners of the Company was RMB 5.873 million, a year-on-year decrease of 32.07%; earnings per share were RMB 0.12.

TIANJUDIHE (02479) Announces 2024 Annual Results: Profit Attributable to Shareholders of 19.251 Million Yuan, Down 44.6% Year-on-Year

TIANJUDIHE (02479) Announces 2024 Annual Results: Profit Attributable to Shareholders of 19.251 Million Yuan, Down 44.6% Year-on-Year TIANJUDIHE (02479) released its annual results for the year ended December 31, 2024. The Group achieved revenue of RMB 599 million (same unit below), up 35.7% year-on-year; profit attributable to owners of the company was 19.251 million yuan, down 44.6% year-on-year; earnings per share were 0.4 yuan.

China Automobile Dealers Association: National used car market transaction volume in August was 1,516,300 units, down 2.90% month-on-month.

From January to August 2026, cumulative used car transaction volume reached 12.7911 million units, down 1.14% year-on-year, a decrease of 147,300 units compared with the same period, with cumulative transaction value of 839.972 billion yuan.

Paul Chan: Hong Kong will further expand the dim sum bond market and develop RMB-denominated gold and commodities markets.

Hong Kong will further expand the dim sum bond market and develop RMB-denominated gold and commodities markets, helping the country enhance its international pricing power in relevant fields.

National Energy Administration: August total electricity consumption reached 1,033.2 billion kWh, up 1.7% year-on-year.

From January to August, cumulative electricity consumption across society reached 7,173 billion kWh, up 4.3% year-on-year.

OpenAI is raising funds again: at a $1.2 trillion valuation, who dares to take the next baton?

OpenAI is in early talks with investors about a new round of private financing, with a potential valuation exceeding $1.2 trillion. However, who can serve as the anchor for this financing round has become the biggest mystery.

As Anthropic races toward becoming the fastest-growing company in history, investors are beginning to question its IPO prospects.

Investors are now questioning whether Anthropic can sustain its astonishing growth momentum, as potential risks such as fierce competition cast a shadow over Anthropic's highly anticipated initial public offering (IPO).

FOSUN INTL(00656)'s Club Med Opens "Beach + Safari" Resort in South Africa, Accelerating Global Expansion

On September 17, Club Med, the global leader in high-quality resort lifestyle under Fosun International (00656), announced the official opening of Club Med South Africa Beach & Safari Resort in KwaZulu-Natal Province, South Africa.

Supertanker shortage! Global oil shipping costs 'never been this high,' 'biggest gamble in maritime history' pays off big.

The global supertanker market is experiencing unprecedented supply-demand tightness, and soaring freight rates are rendering some long-haul crude oil trades economically unviable, profoundly reshaping global energy flows.

IPO Preview | Crushed by RMB 550 Million in Debt, Juxing Media Seeks Hong Kong Listing to Raise Funds for a Cash Infusion

Annual revenue exceeding 8.3 billion yuan, yet net profit margin merely 0.9%, with cash on hand less than 100 million yuanis China's largest brand IP content marketing service provider, Juxing Media, seeking a Hong Kong listing to "replenish its cash"?

Transwarp Technology (06727) listed on September 21 and included in Stock Connect on its first day of trading.

Transwarp Technology (06727) will be listed on the Main Board of the Hong Kong Stock Exchange on September 21, 2026, at an offer price of HK$49.00 per share.

JPMorgan Provides a "Timetable": The Biggest Impact of "El Nio" on Global Agriculture Will Be in "the First Quarter of Next Year"

JPMorgan analysts have issued a warning that the strengthening El Nio phenomenon is overlapping with global diesel and fertilizer shortages, and the biggest impact on agricultural production is expected to emerge in the first quarter of 2027.

"Refining" becomes the global energy bottleneckis the US close to an "export ban"?

The two wars in Russia-Ukraine and the Middle East are simultaneously hitting the global refining system, triggering a shortage of diesel supply and a surge in prices. The United States is under pressure to become the "supplier of last resort," while calls are growing across the U.S. political spectrum to ban exports in order to stabilize domestic fuel prices.

Prices Soar Up to Tenfold! "Electronic Industry Rice" Sees Price Spike

The components market has recently experienced extreme divergence: AI-driven demand has caused high-capacity models to go out of stock and surge in price, with some spot prices soaring severalfold; mainstream consumer-grade products have spiked and then pulled back. Behind this mix of hot and cold is the disruption caused by the AI computing power wave.

Saudi Arabia has found another "oil transport route," but the cost is high.

The East-West oil pipeline was forced to shut down after a drone attack, leaving Saudi Arabia with no choice but to once again rely on the "relay oil transport" plan through the Strait of Hormuz. However, high costs and increasingly tight equipment supplies make this fallback route fraught with challenges.

Oracle Corporation (ORCL.US) $18 Billion AI Loan Sells at a Discount and Stalls, Pressure Emerges in the AI Financing Chain

Market concerns over Oracle's persistent borrowing and weakening credit profile are intensifying. In July of this year, S&P downgraded Oracle's corporate credit rating, leaving it just one notch above junk status.

Northeast: Rate hike implemented, how will assets play out going forward?

Under the current guidance from the Federal Reserve, it is not advisable to underestimate the risk of a rate hike in December. Judging from the wage growth and real estate conditions in the United States, its endogenous inflation potential is currently not significant, so it is not believed that it will enter a continuous rapid rate hike process thereafter.

Zheshang: How should we view the 10-year U.S. Treasury yield breaking above 5%?

After the Fed's September rate hike was implemented, the U.S. Treasury market stabilized in the short term, but the issues driving the rise in Treasury yields have not been fundamentally resolved.

As the Bank of Japan raises interest rates, hedge funds turn bullish on the yen for the first time in over a year.

Hedge funds turned net long on the yen for the first time since July 2025, only to be blindsided by the Bank of Japan's dovish stance.

New Stock News | Zhejiang Jingxin Pharmaceutical (002020.SZ) Files Again with HKEX, Has Successfully Launched Class 1 Innovative Drug Didaxini

According to a disclosure by the Hong Kong Stock Exchange on September 18, Zhejiang Jingxin Pharmaceutical Co., Ltd. (referred to as Jingxin Pharmaceutical, 002020.SZ) has once again submitted a listing application to the Main Board of the Hong Kong Stock Exchange, with CITIC Securities as its sole sponsor.

New Stock News | Zhejiang Jingxin Pharmaceutical (002020.SZ) Files Again with the Hong Kong Stock Exchange

According to a disclosure by the Hong Kong Stock Exchange on September 18, Zhejiang Jingxin Pharmaceutical Co., Ltd. (referred to as Jingxin Pharmaceutical, 002020.SZ) has once again submitted an application for listing to the Main Board of the Hong Kong Stock Exchange, with CITIC Securities as its sole sponsor.

Cui Dongshu: Auto exports reached $129.1 billion in January-August, up 53%; China's auto industry is highly dynamic.

Auto exports reached $129.1 billion in January-August 2026, up 53%; auto exports in August were $18.3 billion, up 43%. China's auto industry is highly dynamic.

CITIC SEC: Ultimate Heat Dissipation Arrives, Diamond Ushers in Its First Year of Industrialization

Driven by three factorsthe steep rise in AI chip power consumption, traditional metal heat dissipation approaching its physical limits, and the continuous optimization of diamond preparation technologies and processesthe diamond heat dissipation industry is poised to embrace investment opportunities in its first year of industrialization.

CITIC SEC: Huawei Connect Conference releases new AIDC energy infrastructure products, accelerating upgrades in energy storage and liquid cooling.

Huawei releases multiple new AIDC energy infrastructure products: high-voltage direct current, multi-layer energy storage, and liquid cooling become important evolution directions.

CITIC SEC: Ascend 960 release moved up; the entire domestic computing power industry chain will benefit.

Huawei's 2026 Connect Conference shows that domestic computing power has escalated from "single-card" competition to full-stack competition based on "system-level solutions," and the entire domestic computing power industry chain will benefit.

SanDisk (SNDK.US) surged 11%, storage and chip stocks saw massive volume in "short-term options," has the "AI stock god" made a move again?

Two-week contracts leave almost no margin for error.

Alphabet Inc. Class C (GOOGL.US) joins the ranks of AI intrusion disclosures: Gemini guessed passwords during testing and accessed three real enterprise systems.

Google joins OpenAI, Anthropic, and Meta in disclosing AI agent intrusion incidents.

US stock index adjustments take effect next Monday: Bloom Energy (BE.US) and Everpure (P.US) among others to be added to the S&P 500, with changes also seen in small- and mid-cap stocks.

Bloom Energy, Illumina, and Everpure will be added to the S&P 500 index, while several other companies will be added to the S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices.

Hedge funds turn bullish on the yen for the first time in 14 monthsis a reversal signal emerging for carry trades?

Hedge funds turned bullish on the yen for the first time since July 2025 and began betting on a stronger yen.

Is the Fed repeating its 2022-style rate hikes? Bank of America warns: predicts rates returning above 5%, recommends shorting two-year Treasuries.

Bank of America warns: A Fed led by Warsh may hike rates above 5%, repeating 2022.

Overnight US stocks | The three major indices closed mixed; Bitcoin broke through $80,000; Strategy (MSTR.US) rose over 16%.

As of the close, the Dow fell 95.39 points, or 0.18%, to 51,682.64, down 1.69% for the week; the S&P 500 rose 12.74 points, or 0.17%, to 7,650.50, down 0.08% for the week; the Nasdaq rose 104.24 points, or 0.39%, to 26,522.54, up 0.72% for the week.

U.S. stocks approach record highs, yet retail investors grow increasingly pessimistic! Survey shows bearish sentiment rises to 53.3%, with a notable increase in cash allocations.

The latest weekly survey released by the American Association of Individual Investors on Friday shows that, against the backdrop of oil prices remaining high and the Federal Reserve raising interest rates for the first time since 2023, investor bearish sentiment has risen to its strongest level since 2025.

Hedge funds turn bullish on the yen for the first time in over a year, with net long positions rising to about $1.6 billion; forex volatility intensifies after Japan and U.S. rate hikes.

The latest data from the U.S. Commodity Futures Trading Commission shows that hedge funds have turned bullish on the yen for the first time since July 2025.

AI "neocloud" operator Nscale (NSCL.US) races toward U.S. IPO, seeking to raise up to $3 billion; Anthropic splashes $45 billion to lock in computing power.

AI data center developer Nscale has filed for an initial public offering with the U.S. Securities and Exchange Commission, planning to list on the New York Stock Exchange under the ticker symbol "NSCL."

Federal Reserve signals continued interest rate hikes, dollar posts largest weekly gain in over three months.

After the Federal Reserve signaled that it will continue raising interest rates in the future, the dollar strengthened significantly this week, posting its largest weekly gain in more than three months.

China's semiconductor equipment investment boom is expected to continue! Morgan Stanley: Wafer fabrication equipment spending is expected to keep growing in 2027 and 2028, and the localization process may further accelerate.

Morgan Stanley released its latest research report, stating that the strong growth momentum in China's wafer fabrication equipment market is expected to continue through 2027 to 2028.

US Stock Market Move | Popular Chinese concept stocks rose broadly, with Alibaba Group Holding Limited Sponsored ADR (BABA.US) gaining more than 4%.

Popular Chinese concept stocks rose broadly, with Kingsoft Cloud (KC.US) gaining more than 5% and Alibaba (BABA.US) gaining more than 4%.

WEB3 META (08093) issues profit warning, expects annual loss attributable to shareholders of approximately HK$29 million to HK$31 million

WEB3 META (08093) issues an announcement that the Group is expected to record a loss attributable to owners of the Company of approximately HK$29 million to HK$31 million for the year ended 30 June 2026, compared to a loss attributable to owners of the Company of approximately HK$20 million for the year ended 30 June 2025.

CHINA ECOTOUR (01371) issues a positive profit alert, expecting annual profit attributable to shareholders of approximately HK$95 million to HK$105 million, turning from loss to profit year-on-year.

China Ecotour (01371) announced that, compared with the loss attributable to owners of the Company of approximately HK$72.4 million recorded by the Group in the prior year, the Company expects to record a profit attributable to owners of the Company of between approximately HK$95 million and HK$105 million for the year ended 30 June 2026.

AI agents compete for the $30 trillion consumer market! Morgan Stanley: Meta(META.US), Apple Inc.(AAPL.US), Amazon.com, Inc.(AMZN.US) and others are poised to benefit; Alphabet Inc. Class C(GOOGL.US) faces a business model test

Morgan Stanley believes that AI agents are accelerating their evolution into consumer transaction gateways and are expected to unlock a consumer market of approximately $30 trillion in the future. Meta, Apple, Amazon, and others may benefit, while Google and industries such as ride-hailing face pressure to reshape their business models.

SINOPHARM TECH (08156) issues profit warning, expecting annual loss attributable to shareholders of HK$9 million to HK$11 million

SINOPHARM TECH (08156) issued an announcement that the Group expects to record a loss attributable to owners of the Company of between HK$9 million and HK$11 million for the year ended 30 June 2026, as compared to a loss attributable to owners of the Company of approximately HK$0.8 million for the year ended 30 June 2025. The Board considers that the increase in loss attributable to owners of the Company during the Reporting Period was primarily due to (i) a significant year-on-year decline in revenue from the Group's supply chain services business; and (ii) an increase in selling and distribution expenses during the Reporting Period compared to the same period in 2025, which was attributable to increased product promotion costs.

CHINA HONGGUANG (08646) Establishes Joint Venture Subsidiary to Advance the Implementation and Production of the Semiconductor TGV Glass Substrate Industry Chain

CHINA HONGGUANG (08646) announced that on September 18, 2026, in order to accelerate the Group's strategic layout in the semiconductor TGV glass substrate new materials industry chain and promote the industrialization and large-scale production of TGV glass substrate-related technologies, the Company, together with Dream Buddha Resources Group Co., Ltd. (USA) (Dream Buddha USA) and Dongguan Yanguang Technology Co., Ltd. (Yanguang Company), jointly contributed capital to establish a joint venture subsidiary, Hongmeng Xincai (Shenzhen) Semiconductor Technology Co., Ltd. (Hongmeng Xincai); Hongmeng Xincai plans to establish the Hongmeng Xincai Wuhan Branch in Wuhan as a semiconductor TGV glass substrate materials industrialization production base to carry out research and development, pilot testing, and formal production operations.

Shenyang Public Utility Development (00747) plans to sell 100% equity of Shenzhen Jusheng Chuangjian Investment Development for RMB 2 million.

Shenyang Public Utility Development (00747) announced that on September 18, 2026, the company (as seller) entered into a share transfer agreement with the buyer, Shenzhen Castle Century Trading Co., Ltd., to sell 100% equity of the target company, Shenzhen Jusheng Chuangjian Investment Development Co., Ltd., to the buyer for a consideration of RMB 2 million.

US Stock Market Move | Cryptocurrency-related stocks rose broadly, with Strategy (MSTR.US) up over 9%.

On Friday, cryptocurrency-related stocks rose broadly, with Strategy (MSTR.US) up over 9%.

CHINA PPT INV (00736) proposes to issue a total of 53.433 million subscription shares at a premium of approximately 5.6%

China PPT INV (00736) announces that on September 18, 2026 (after trading hours), the Company entered into seven separate subscription agreements with seven individual third parties, pursuant to which the Company has conditionally agreed to allot and issue, and the subscribers have conditionally agreed to subscribe for, a total of 53.433 million subscription shares at a price of HK$0.188 per subscription share.

Latest

58 m ago

According to CNN: Paramount (PSKY.O) is in advanced negotiations with U.S. state attorneys general to resolve the antitrust lawsuit blocking its acquisition of Warner Bros. Discovery (WBD.O). But sources say the talks are creating divisions among some Democratic states that filed the lawsuit two months ago.

5 h ago

Citigroup CEO Jane Fraser said that as AI models become increasingly capable, companies are accelerating the construction of defense systems to address the risk of potentially increased cyberattacks. "Right now every company around the world is doing a lot of patching, and it's a defense race," Fraser said at the Qatar Economic Forum in New York. Fraser said that earlier this year, the launch of Anthropic's Mythos model drew attention to a new generation of AI cyber risks, after which U.S. Treasury Secretary Scott Bessent and then-Federal Reserve Chairman Jerome Powell convened Wall Street executives to discuss the risks posed by the model and urged companies to strengthen their system defenses. Recently, AI systems including those from Google and Anthropic have been found in testing to intrude into corporate systems, further raising security concerns. Fraser said the bottleneck in AI development has shifted from chips to energy supply, with global demand for energy rising sharply. Qatari Prime Minister Mohammed bin Abdulrahman Al Thani said Qatar is working with AI companies on responsible investment, and that safety safeguards around the technology are still being refined.

5 h ago

Minneapolis Fed President Neel Kashkari said U.S. inflation is still too high, with pressures having moved beyond the oil price shock caused by the Iran war and spread across multiple areas of the economy. Americans feel inflation every day, and it is far more than just an oil price issueit exists in every aspect of the economy. Kashkari said the Fed is increasingly worried that inflation is not only concentrated in areas affected by the Middle East conflict or tariffs, but that signs of inflation are also appearing in services. He said the Fed's job is to bring inflation back to target and that it has the tools to achieve that. Kashkari was previously one of three dissenters in the July decision to keep rates unchanged, when he favored a rate hike and warned that waiting too long could entrench inflation and ultimately require more aggressive measures. Kashkari believes the U.S. economy has shown strong resilience despite geopolitical conflict and trade issues, with the labor market remaining robust. He hopes that as some of the conflict's effects gradually fade, economic growth can take over as the driving force and the disinflation process can accelerate, thereby reducing pressure on Fed policy.

6 h ago

Changxin Technology (688825.SH): Fifth-generation process technology platform officially achieves mass production.

7 h ago

Fed's Kashkari: Investment demand is very strong, which tends to push up interest rates.

Seeking Coverage

Being Writer

Exploring Cooperation