A-share Evening Highlights | US CPI Exceeds Expectations! Gold Falls Below $4,040

On the evening of November 10, US October CPI rose 0.4% month-on-month, exceeding expectations, with bets on a December rate hike holding at 100%, while spot gold fell below $4,040 per ounce;

1 h ago

US Stock Market Move | Precious metals sector broadly declines; Gold Fields Limited Sponsored ADR (GFI.US) falls over 6%.

On Tuesday, the precious metals sector broadly declined.

2 h ago

AI trading "makes matters worse"! US CPI extinguishes signs of a rebound, Fed's 50 basis point rate hike in December put on the table

US October CPI came in above expectations, raising market expectations that the Federal Reserve will raise rates by 50 basis points in December, further denting AI trading in US stocks.

2 h ago

Has the U.S. stock market not yet formed a reliable bottom? Goldman Sachs warns: macro hedge funds remain heavily positioned, and could face US$28 billion in selling over the coming week.

Although U.S. stocks rebounded strongly on Monday after last week's sharp selloff, Wall Street positioning data shows that potential selling pressure in the market has not yet been fully released.

3 h ago

US Stock Market Move | NVIDIA Corporation (NVDA.US) extended its premarket decline to 2%; US media reports that headhunters may have begun searching for potential CEO candidates.

On Tuesday, NVIDIA Corporation (NVDA.US) extended its premarket decline to 2%, having earlier risen as much as 2%, and is now at $175.37.

3 h ago

$325 price target signals a strong bullish call! Bernstein backs Oracle Corporation (ORCL.US): AI business value may be significantly undervalued

Bernstein rates Oracle "Outperform" with a price target of $325, implying 171% upside from the stock's Monday closing price of $119.79.

3 h ago

US Stock Market Move | October CPI Exceeds Expectations, Raising Rate Hike Bets; Nasdaq Futures Plunge 1.3%; Most Star Tech Stocks Fall in Pre-Market Trading

On Tuesday, after the release of US October inflation data, Nasdaq 100 futures plunged intraday and are now down 1.3%, with most star tech stocks falling in pre-market trading.

3 h ago

US October CPI exceeded expectations across the board! A Fed rate hike in December is all but certain, with a 50-basis-point option emerging.

US October headline and core CPI both rose more than market expectations on a monthly basis, indicating that price pressures remain elevated and reinforcing the case for the Federal Reserve to continue raising rates.

3 h ago

Hong Kong Property: First 10 months Hong Kong first-hand residential transaction value exceeds HK$200 billion, hitting a 5-year high

In the first 10 months of this year, first-hand transaction value recorded approximately HK$209.25 billion (HKD, same below), already exceeding last year's full-year total of approximately HK$205.01 billion and hitting a 5-year high.

3 h ago

ICBC (Asia) Completes Hong Kong's First "e-CNY Connect" Cross-Border Remittance

ICBC (Asia) has successfully completed Hong Kong's first cross-border digital RMB remittance via the "e-CNY Connect" comprehensive cross-border settlement service platform, opening up the CBETS cross-border corporate settlement channel between the mainland and Hong Kong.

3 h ago

Bernstein: No short-term "existential crisis" for data center chillers; still bullish on Trane Technologies plc (TT.US) and Johnson Controls International plc (JCI.US)

Bernstein believes demand for chillers remains strong and supply continues to be tight, with no short-term "existential crisis" of being displaced.

4 h ago

Domestic futures night session opens.

Container shipping index Europe route futures rose 3.82% consecutively, Shanghai crude oil fell 3.57% consecutively, butadiene rubber fell 3.28% consecutively, lithium carbonate fell 2.96% consecutively, and low-sulfur fuel oil fell 2.85% consecutively.

Latest news

4 h ago

Bank of England Deputy Governor: AI asset selloff does not yet constitute an urgent concern, but be alert to valuation adjustments evolving into financial market risks.

Bank of England Deputy Governor Sarah Breeden said the recent selloff in artificial intelligence (AI)-related stocks does not currently constitute an urgent concern, as the market adjustment still appears orderly.

4 h ago

TONGCHENGTRAVEL (00780) Holds Ice and Snow Season Launch Event in Beijing, Industry Collaboration Jointly Promotes Ice and Snow Economy

As the new snow season begins, the popularity of ice and snow tourism continues to climb.

4 h ago

PENGO HLDG GP (01865) plans to establish a joint venture in Shenzhen and invest in research and development of supramolecular (deep eutectic) new energy technology.

PENGO HLDG GP (01865) announced that on November 10, 2026, the Company entered into a cooperative framework agreement letter of intent with Changzhou Qianmu New Energy Co., Ltd. Both parties committed to establishing a comprehensive and long-term partnership, and the cooperating parties will fully integrate and deploy their respective core competitive advantages in capital strength, industrial resources, market channels, technology research and development, and industrial chain support, jointly promoting the research and development iteration, commercialization, and large-scale industrial development of cutting-edge new energy technologies.

4 h ago

HESAI-W (02525) Q3 net revenue up about 34% year on year to RMB1.068 billion; lidar business continues to maintain profitable scale

HESAI-W (02525) announced that in Q3 2026, net revenue was RMB1.068 billion (the same unit below), up 34.3% year on year; net profit was RMB80.8 million; and basic earnings per ordinary share were RMB0.06.

4 h ago

BABA-W (09988) proposes to spin off Pingtouge for a separate listing on the Main Board of the HKEX

Alibaba-W (09988) announced that, pursuant to Practice Note 15 of the Listing Rules, the Company has submitted to the HKEX a proposal for the proposed spin-off and separate listing of Pingtouge (Shanghai) Technology Co., Ltd. (Pingtouge), a wholly-owned subsidiary of the Company. The HKEX has confirmed that the Company may proceed with the proposed spin-off. Accordingly, on September 11, 2026, Pingtouge confidentially submitted an application form (Form A1) to the HKEX to apply for approval for the listing of, and permission to deal in, its H shares on the Main Board of the HKEX.

4 h ago

Southeast Asian e-commerce giant Sea (SE.US) Q3 profit misses expectations as increased AI and cloud investments weigh on margins.

Sea (SE.US) reported its third-quarter 2026 results before the U.S. market opened on Tuesday.

4 h ago

Price-hike intentions hit a four-year high! U.S. small businesses put price increases on the table, and sticky inflation is gradually becoming apparent, strengthening the prospect of Fed rate hikes.

U.S. small businesses' price-increase plans have reached their highest level in four years.

4 h ago

AI frenzy faces public-market test: Anthropic (ANT.US) IPO targets US$64.4 billion raise at valuation of up to US$1.02 trillion

Anthropic's IPO aims to raise up to US$64.4 billion.

4 h ago

A-share Announcement Highlights | Plans to acquire a 70% equity stake in Dongjiakou Ore Terminal via a listing transfer for RMB1.918 billion; QINGDAO PORT's (601298.SH) shareholding to rise to 100%

QINGDAO PORT plans to acquire a 70% equity stake in Dongjiakou Ore Terminal via a listing transfer for RMB1.918 billion, raising its shareholding to 100%.

4 h ago

Morningstar warns: If Jensen Huang leaves NVIDIA Corporation (NVDA.US), AI deals and financing activities could be dragged down.

Morningstar said on Tuesday that if NVIDIA CEO Jensen Huang were to leave, it could trigger a chain reaction across the entire artificial intelligence (AI) industry, weighing on AI deals and financing activities.

4 h ago

MReferral: Hong Kong property market is in a consolidation phase; October mortgage insurance figures plunge sharply to a new low of more than ten and a half years

In October 2026, the number and amount of newly approved mortgage insurance plan loans were 701 cases and HK$3.867 billion (HKD, same below), compared with 718 cases and HK$3.825 billion in September, a decrease of 17 cases (2.4%), falling for four consecutive months and hitting a new low of more than ten and a half years, while the amount increased slightly by HK$42 million (1.1%).

4 h ago

JINCHUAN INTL (02362): In the first three quarters, the mining business produced 57,929 tonnes of copper content in electrolytic copper and copper concentrate, an increase of approximately 31.6% year-on-year.

JINCHUAN INTL (02362) announced that for the nine months ended September 30, 2026, the Group's mining business produced 57,929 tonnes of copper content in electrolytic copper and copper concentrate, an increase of approximately 31.6% year-on-year compared with 44,024 tonnes in the same period of 2025. The increase was attributable to the additional contribution from the Musonoi mine (the Group's third operating mine in the Democratic Republic of the Congo (DRC)) since the commencement of commercial operations in November 2025. Copper output was partly offset by lower production at the Ruashi mine, due to unstable power supply from the national grid in the surrounding area, declining ore grades, tight supply of sulphur and sulphuric acid, and the repair and maintenance of its acid plant.

5 h ago

SIMCERE PHARMA (02096): SIM0725 (CD122) Receives Drug Clinical Trial Approval Notice Issued by the National Medical Products Administration

Simcere Pharma (02096) announced that SIM0725, an antibody targeting CD122 independently developed by the Group, has received a Drug Clinical Trial Approval Notice issued by China's National Medical Products Administration, and is intended for the treatment of autoimmune diseases.

5 h ago

Wuxi Commercial Mansion Grand Orient (08115) issues profit warning, expecting a loss attributable to shareholders of approximately RMB480 million to RMB490 million for the first three quarters.

Qingda Orient (08115) announced that the Group expects to record a loss attributable to owners of the Company of approximately RMB480 million to approximately RMB490 million for the nine months ended September 30, 2026, compared with a profit attributable to owners of the Company of approximately RMB4.04 million for the nine months ended September 30, 2025. The expected turnaround from profit to loss for the period is mainly attributable to the recognition of goodwill impairment losses.

5 h ago

SE ASIA PPT (00252) Issues Positive Profit Alert, Expects Interim Results to Turn Around Year-on-Year to Not Less Than HK$20 Million

SE ASIA PPT (00252) announces that the Group is expected to record a profit of not less than HK$20 million for the six months ended 30 September 2026, compared with a loss of approximately HK$31 million for the corresponding period in 2025. The turnaround from loss to profit is mainly attributable to (1) the improvement in the performance of the production and distribution of plastic packaging materials segment during the current reporting period, resulting from the cost-plus pricing strategy adopted in advance in response to the escalation of geopolitical tensions in the Middle East; and (2) a profit arising from changes in the fair value of investment properties during the current reporting period, as compared with a loss arising from changes in the fair value of investment properties recorded in the preceding reporting period.

5 h ago

Preview of US Stock Market | The three major stock index futures are mixed; Fed's Waller takes a hawkish stance, a 50-basis-point rate hike in December is possible; US October CPI to be released tonight.

November 10 (Tuesday) pre-market: The three major U.S. stock index futures are mixed.

5 h ago

Even if tonight's earnings are strong, will the stock still fall? Relentless headwinds are weighing on market sentiment, and "AI neocloud leader" CoreWeave (CRWV.US) will find it hard to find relief.

Market sentiment is weak, and even strong earnings from CoreWeave may not be enough to lift the stock price.

5 h ago

Inflation pressure persists; two ECB officials speak out: a rate hike may be needed in December.

Two ECB officials spoke out successively on Tuesday, reinforcing market expectations for a December rate hike.

5 h ago

CH INNOVATION (01217) had a net asset value per share of approximately HK$0.042 at the end of October.

CH INNOVATION (01217) announced that as of October 31, 2026, the unaudited net asset value per share of the company was approximately HK$0.042.

6 h ago

Fed Study Sounds Alarm: Post-Pandemic Oil Price Pass-Through to Core Inflation Has Strengthened, Inflation May Reach 2.8% in 2027

This means that energy shocks could force central banks to tighten monetary policy while economic growth slows, thereby increasing the risk of a dilemma for policymakers.

6 h ago

Ministry of Transport: In October, urban rail transit completed 2.94 billion passenger trips, with 1.75 billion station entries.

October 2026 Urban Rail Transit Operation Data Flash Report

6 h ago

SINOMAX GROUP (01418): For 2024 and 2025, under the regional revenue classification, the revenue attributable to the United States, together with the revenue attributable to products ultimately distributed to the United States, was approximately HK$1.677 billion and HK$1.933 billion, respectively.

SINOMAX GROUP (01418) announced that, with respect to the regional revenue classification, retail sales revenue is classified by the location of the relevant retail stores and consignment counters, while wholesale sales revenue is classified by the location of the relevant customers, which is determined based on the billing address recorded on the sales invoice.

6 h ago

CTF SERVICES (00659) intends to sell 100% equity interest in Man Cheuk, 25% equity interest in Jingzhu, and 25% equity interest in Yuezhao.

CTF Services (00659) announced that on November 10, 2026, Seller A (an indirectly wholly-owned subsidiary of the Company, as seller) and Buyer A (as buyer) entered into the Man Cheuk Share Transfer Agreement, pursuant to which Seller A has conditionally agreed to sell, and Buyer A has conditionally agreed to purchase, 100% equity interest in Man Cheuk for a cash consideration of RMB542 million.

6 h ago

Fed's Waller: Supports a December rate hike, would consider a 50 basis point increase if inflation accelerates

Waller said on Tuesday that he supports a rate hike in December and warned that he would support a 50 basis point increase to preserve the Fed's credibility if inflation continues to accelerate.

6 h ago

JD INDUSTRIALS (07618) and AMD Showcase Innovative World Model Application at CIIE, Making AI Your Most Understanding "Production Assistant"

At the JD Industrials (07618) booth in the AMD exhibition area, the two parties showcased the application of JD Industrials' integrated production line machine. Based on the latest industrial world model combined with AMD's edge computing units, the feasibility of human-machine collaboration on industrial production lines has been preliminarily verified.

6 h ago

Hesai (02525, HSAI.US) Achieves Accelerated Breakthroughs in Physical AI, with Q3 Strategic Growth Business Revenue Doubling

Hesai's strategic growth business continues to unleash growth momentum.

6 h ago

Northbound funds | Northbound trading recorded a net sell of RMB2.739 billion. T-Head, Alibaba's chip unit, is reportedly heading to Hong Kong for an IPO. Northbound funds snapped up over HK$800 million worth of Alibaba (09988).

On November 10 in the Hong Kong stock market, northbound trading recorded a net sell of HK$2.739 billion. Of this, Hong Kong Stock Connect (Shanghai) recorded a net sell of HK$1.144 billion, and Hong Kong Stock Connect (Shenzhen) recorded a net sell of HK$1.596 billion.

7 h ago

YUZHOU GROUP (01628) cumulative sales amount for the first 10 months was RMB4.467 billion.

Yuzhou Group (01628) announced that Yuzhou Group Holdings Company Limited (the Company) is pleased to announce that the contracted sales amount of the Company, its subsidiaries and affiliated companies (the Group) for October 2026 was RMB442 million (RMB, same below), with sales area of 33,070 square meters and average selling price of RMB13,355 per square meter; of which, the sales amount settled by properties in lieu of construction payments was RMB11 million, with sales area of 1,534 square meters and average selling price of RMB6,765 per square meter.

7 h ago

Southbound funds recorded a net sell-off of RMB 2.739 billion today. On the Stock Connect (Shanghai) side, Tencent Holdings and Yangtze Optical Fibre and Cable respectively saw net sell-offs of HKD 476 million and HKD 239 million; Alibaba-W topped net buying with an amount of HKD 1.434 billion. On the Stock Connect (Shenzhen) side, Tracker Fund of Hong Kong and Alibaba-W respectively saw net sell-offs of HKD 690 million and HKD 566 million; SMIC topped net buying with an amount of HKD 183 million.

Latest news

7 h ago

YUE YUEN IND (00551) net consolidated operating revenue for the first 10 months totaled US$6.576 billion.

Yue Yuen Industrial (00551) announced that the Company's net consolidated operating revenue for October 2026 (equivalent to total sales less sales discounts and sales returns) was US$683 million. The Company's cumulative net consolidated operating revenue for the ten months ended October 30, 2026 was US$6.576 billion.

7 h ago

MTR CORPORATION (00066): Signing of the Northern Link (Part 2) Project Agreement in relation to the Northern Link

MTR Corporation (00066) announced that on 10 November 2026, the Company and the Secretary for Transport and Logistics (on behalf of the Government) entered into the Project Agreement in respect of Part 2 of the Northern Link, which relates to the financing arrangements, design, construction and completion of the Northern Link (Part 2) Project, as well as the pre-operational works, operation and maintenance of the entire Northern Link.

7 h ago

SIS INT'L (00529) subsidiary plans to invest US$800,000 in New Dragon Vietnam to expand overseas distribution business of IT products.

SIS INT'L (00529) announced that its principal subsidiary, SiS Distribution (Thailand) Public Company Limited (New Dragon Thailand, listed on the Stock Exchange of Thailand under ticker: SIS), as the investor, announced that its board of directors has approved in principle an investment by way of subscribing for additional newly issued equity interests in SiS Technologies Vietnam Limited Liability Company (New Dragon Vietnam), for a total consideration of US$800,000 (equivalent to approximately HK$6.24 million) (the Investment).

7 h ago

Breaking into the chronic disease track: GRAND PHARMA (00512)'s innovative Chinese patent medicine enrolls the first patient in its domestic clinical trial, potentially filling the gap in preventive migraine treatment

Recently, GRAND PHARMA (00512)'s Class 1.1 innovative Chinese patent medicine GPN01020 for the preventive treatment of migraine completed enrollment of the first patient in its domestic Phase II clinical study.

8 h ago

Xiaozhu unmanned vehicles have successfully operated across this county-level city, also refreshing the new echelon of unmanned logistics.

"Truly mapless" secures a leading position, while the echelons of cross-industry players diverge.

8 h ago

ASIA COMM HOLD (00104) Issues Profit Warning: Expects Interim Net Profit of Approximately HK$27 Million, Down 18% Year-on-Year

ASIA COMM HOLD (00104) announced that, based on the Group's unaudited consolidated management accounts for the six months ended September 30, 2026 (the first half of the 2026/2027 financial year) and other relevant information available, the Group is expected to record a net profit of approximately HK$27 million, representing an 18% decrease compared with approximately HK$33 million recorded for the six months ended September 30, 2025 (the first half of the 2025/2026 financial year).

8 h ago

GRAND PHARMA (00512): First patient enrolled in Phase II clinical study in China of GPN01020, an innovative traditional Chinese medicine for preventive treatment of migraine

GRAND PHARMA (00512) announced that recently, the Group's innovative traditional Chinese medicine GPN01020 for the preventive treatment of migraine completed enrollment of the first patient in its Phase II clinical study conducted in China. The study is a randomized, double-blind, placebo-controlled, parallel-group, multicenter Phase II clinical study planned to enroll 180 migraine patients, aiming to evaluate the efficacy, safety, and tolerability of GPN01020 compared with placebo in the preventive treatment of migraine attacks (blood stasis obstruction syndrome). The completion of first patient enrollment in this clinical study is a major milestone for the Group in the traditional Chinese medicine direction of its otolaryngology segment.

8 h ago

POU SHENG INT'L (03813): October consolidated net operating revenue RMB1.3567 billion, down 20.6% year-on-year

Pou Sheng International (03813) announced that for October 2026, the Company's consolidated net operating revenue (i.e., equivalent to total sales less sales discounts and sales returns) was RMB1.3567 billion (2025: RMB1.709 billion), down 20.6% compared with the same month last year.

8 h ago

FUTURE BRIGHT (00703) Issues Profit Warning, Expects Loss Attributable to Shareholders of Approximately HK$4.3 million for the First Nine Months

FUTURE BRIGHT (00703) announced that for the nine months ended September 30, 2026 (the Period), primarily due to a decline in turnover of Japanese restaurants, the Group's turnover recorded a decrease of approximately 6.1%. The unaudited loss attributable to owners of the Company for the Period was approximately HK$4.3 million, mainly attributable to (i) a loss of approximately HK$9.7 million recorded by the food and catering business; (ii) a profit of approximately HK$1.8 million recorded by the food souvenir business; and (iii) a profit of approximately HK$8.1 million recorded by the property investment business. The decrease in profit attributable to owners of the Company for the Period was mainly due to the decrease in turnover.

8 h ago