"Anticipating Your Anticipation" Worsens Tech Stock Stampede! After $2.3 Trillion in Market Value Evaporated, Has the "Fast Money" Mechanical Selling Not Yet Receded?

The Nasdaq 100 Index fell 6.4%, wiping out $2.3 trillion in market value, with the core reason behind it being concerns that a sweeping Democratic victory could mean stricter regulation of AI buildouts. Because systematic funds typically follow the stock market's trajectory, reacting to price swings and momentum signals, they were forced to cut exposure, accelerating the decline. Selling pressure from systematic strategies may not yet be over, with volatility-targeting portfolios expected to dump at least $50 billion worth of stocks in the coming days.

2 h ago

Warsh pushes for reform of the Fed's meeting mechanism: fewer rate decisions, more strategic discussions.

Starting in 2027, the Federal Reserve will reduce its annual meetings to six, with two dedicated to strategy and without votes, freeing up time for Warsh's comprehensive reform.

2 h ago

HKEX shareholders approve new articles of association, paving the way for the implementation of a paperless securities regime.

HKEX shareholders approve new articles of association, paving the way for the implementation of a paperless securities regime.

2 h ago

Preview of US Stock Market | The three major stock index futures are mixed, the U.S. October nonfarm payrolls report is set to arrive tonight, and chip stocks are staging a major rebound.

On Friday, November 6, before the U.S. stock market opened, the three major U.S. stock index futures were mixed.

2 h ago

HKMA: Hong Kong's SME credit conditions improved slightly in Q3.

On November 6, the Hong Kong Monetary Authority (HKMA) released the results of the Survey on the Loan Status of Small and Medium-sized Enterprises for the third quarter of 2026.

2 h ago

GUOEN HOLDINGS (08121) expects interim loss attributable to shareholders of not less than approximately HK$7.5 million

GUOEN HOLDINGS (08121) announces that the Group expects to record a loss attributable to owners of the Company of not less than approximately HK$7.5 million for the six months ended 30 September 2026, as compared to a profit attributable to owners of the Company of approximately HK$750,000 for the six months ended 30 September 2025. The Board attributes the change primarily to the combined effect of the following: a decrease in gross profit due to an increase in operating costs arising from service costs; and an increase in share-based payments, legal and professional fees, and staff costs arising from administrative expenses.

2 h ago

LONGFOR GROUP (00960) achieved cumulative total contracted sales of RMB25.57 billion in the first 10 months.

LONGFOR GROUP (00960) announced that for the ten months ended October 31, 2026, the Group achieved cumulative total contracted sales of RMB25.57 billion, with contracted sales area of 2.795 million sq.m. In October alone, contracted sales amounted to RMB2.43 billion, with contracted sales area of 289,000 sq.m.; in October alone, contracted sales attributable to shareholders' equity of the Company amounted to RMB1.69 billion, with contracted sales area attributable to shareholders' equity of the Company of 207,000 sq.m.

2 h ago

HUANENG POWER (00902): Infrastructure Public REITs Listing

Huaneng Power International, Inc. (00902) announced that the Great Wall Huaneng Coal-Fired Power Closed-End Infrastructure Securities Investment Fund (the "Huaneng Coal Power REIT" or the "Infrastructure Public REITs") received a no-objection letter issued by the Shanghai Stock Exchange on September 11, 2026, obtained approval from the China Securities Regulatory Commission for registration on September 20, 2026, completed the fund offering on October 13, 2026, and has been listed on the Shanghai Stock Exchange since November 6, 2026, with the trading code "508081", the on-exchange fund abbreviation "Huaneng REIT", and the extended abbreviation "Great Wall Huaneng Coal-Fired Power REIT".

2 h ago

Premier Li Qiang chaired a State Council executive meeting, which noted that careful study should be given to the approach for next year's economic work, cross-year policy coordination should be strengthened, and efforts should be made to sustain the positive momentum of the economy.

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2 h ago

DL HOLDINGS GP (01709) Issues Profit Warning, Expects Interim Net Profit to Decrease to Approximately HK$75 Million-HK$80 Million

DL Holdings GP (01709) announced that the Group expects to record a net profit of approximately HK$75 million to HK$80 million for the six months ended September 30, 2026, compared with a net profit of approximately HK$202.3 million for the six months ended September 30, 2025. Based on the relevant information available, the Board considers that the decrease is primarily attributable to: (i) a decrease in fair value gains arising from investments in associates measured at fair value through profit or loss during the period; (ii) an increase in share-based payment expenses during the period due to the grant of share options and share awards to certain directors, employees and consultants; and (iii) fair value losses on certain financial assets measured at fair value through profit or loss during the period.

2 h ago

Fed's 'Third-in-Command' Backs Holding Steady: Inflation 'Absolutely Too High,' but Other Indicators Not Yet Flashing Warnings

New York Fed President Williams said inflation is "absolutely too high" but expectations remain anchored, and he supports holding off on rate hikes to gather information.

2 h ago

AI selloff meets the nonfarm payrolls test, safe-haven funds rush into the bond market! Will an unexpected strengthening in employment disrupt bullish positioning in US Treasuries?

As expectations for further Federal Reserve rate hikes continue to fade, bond traders are positioning ahead of Friday's October employment report, anticipating further gains in the U.S. Treasury market. A global equity selloff has driven investors toward U.S. Treasuries as a safe haven, pushing yields to their lowest levels since early September, with the 10-year Treasury yield at 4.82% on Friday.

2 h ago

DIAGENS-B(02526) Enters into a Strategic Cooperation Agreement with Yongjiang Laboratory to Jointly Advance the Application of Medical Imaging Large Models

DIAGENS-B(02526) announced that the Company recently entered into a strategic cooperation agreement (the "Agreement") with Yongjiang Laboratory (), a key digital-intelligence innovation platform under construction in the Guangxi Zhuang Autonomous Region, to jointly advance the training, optimization, validation, and demonstration application of medical imaging large models in Guangxi. The cooperation term is three years from the date the Agreement is signed and takes effect.

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New Stock News | Luxshare Technology's Hong Kong IPO application materials received by the CSRC

Luxshare Technology's Hong Kong IPO application materials have been received by the CSRC.

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The Phase II clinical trial of SYH 9061 developed by CSPC PHARMA (01093) for the treatment of idiopathic pulmonary fibrosis has officially been initiated at the first research site in China.

CSPC PHARMA (01093) announced that the Phase II clinical trial of SYH 9061, developed by the group for the treatment of idiopathic pulmonary fibrosis (IPF), has officially been initiated at the first research site in China.

3 h ago

Midterm elections tear open the "abyss" of the AI trade, and the trillion-dollar capex narrative faces a moment of reckoning.

For months, investors have been worried about a string of risks behind the AI capital expenditure "money tree." This week, the market finally hit the panic-selling button.

3 h ago

CSPC PHARMA (01093): Phase I/II Clinical Trial of SYS6055 Injection for the Treatment of Relapsed/Refractory B-Cell Non-Hodgkin Lymphoma Officially Launched at the First Clinical Site in China

CSPC PHARMA (01093) announced that the Phase I/II clinical trial (SYS6055-003) of SYS6055 Injection, developed by the Group for the treatment of relapsed/refractory B-cell non-Hodgkin lymphoma, has officially been launched at the first clinical site in China.

3 h ago

ZHONGLIANG HLDG (02772) recorded cumulative contracted sales of approximately RMB4.83 billion for the first 10 months, a year-on-year decrease of 53.15%.

ZHONGLIANG HLDG (02772) announced that from January to October 2026, the group's cumulative contracted sales (including contracted sales of joint ventures and associates) amounted to approximately RMB4.83 billion, a year-on-year decrease of 53.15%; the cumulative contracted sales area was approximately 481,000 square meters, and the average contracted selling price was approximately RMB10,000 per square meter.

3 h ago

Bank of China Interbank Market Dealers Association: Strengthen disclosure of accounts receivable information for debt financing instruments

On November 6, the National Association of Financial Market Institutional Investors (NAFMII) issued the "Notice on Matters Concerning Strengthening the Disclosure of Accounts Receivable Information for Debt Financing Instruments."

3 h ago

Pharmaron Beijing (03759) contributes US$10 million to participate in an overseas equity investment fund.

Pharmaron Beijing (03759) announced that, in order to fully leverage the investment and research capabilities of professional investment institutions within the biopharmaceutical industry, its wholly-owned subsidiary Pharmaron UK Limited ("Pharmaron UK") intends to participate as a limited partner in the investment in HJ Double Helix Fund L.P., with a subscribed capital contribution of US$10 million using its own or self-raised funds.

3 h ago

WANG ON PPT (01243) Issues Positive Profit Alert, Expects Interim Profit Attributable to Shareholders of Not Less Than HK$150 Million, Turning from Loss to Profit Year-on-Year

WANG ON PPT (01243) announced that the Group expects to record a profit attributable to owners of the parent of not less than HK$150 million for the six months ended September 30, 2026 (the current period), compared with a loss attributable to owners of the parent of approximately HK$384 million for the six months ended September 30, 2025 (the corresponding period). The Board considers that the expected turnaround from loss to profit is primarily attributable to the following factors:

3 h ago

New stock news | Yihong Intelligent plans Hong Kong IPO; CSRC requires explanation on whether shares held by shareholders participating in the "full circulation" are pledged or subject to other such circumstances.

On November 6, the China Securities Regulatory Commission published a public notice of supplementary materials required for overseas offering and listing filings (November 2, 2026 November 6, 2026).

3 h ago

WANG ON GROUP (01222) issues positive profit alert, expecting interim profit attributable to shareholders of not less than HK$80 million, turning from loss to profit year-on-year.

WANG ON GROUP (01222) announced that, based on the preliminary assessment made by the Board after reviewing the draft unaudited consolidated management accounts of the Group for the six months ended 30 September 2026 (the Review Period) and the information currently available to the Board, the Group is expected to record a profit attributable to owners of the parent of not less than HK$80 million for the Review Period, as compared to a loss attributable to owners of the parent of approximately HK$355 million for the six months ended 30 September 2025 (the Corresponding Period).

3 h ago

New Stock News | Jiangsu Boqian New Materials Stock (605376.SH) plans Hong Kong IPO; CSRC requires supplementary explanation on matters including the conduct of its leasing business

On November 6, the China Securities Regulatory Commission issued the "Supplementary Material Requirements for Overseas Offering and Listing Filings (November 2, 2026 November 6, 2026)."

3 h ago

Japanese Prime Minister Sanae Takaichi announces emergency cybersecurity plan: allocating JPY10 billion for AI defense and vulnerability screening

Japanese Prime Minister Sanae Takaichi announces emergency cybersecurity plan: allocating JPY10 billion for AI defense and vulnerability screening. The plan uses AI to identify vulnerabilities and support victims, with a sweep of critical facilities to be completed by March next year.

3 h ago

The National Development and Reform Commission convened a general scheduling meeting on the construction of major projects under the "Six Networks."

On November 5, Comrade Yue Xiuhu, member of the Party Leadership Group and Vice Chairman of the National Development and Reform Commission, chaired a meeting to conduct an overall scheduling of the progress in planning and construction across all fields of the "Six Networks," and to study and arrange key tasks for the next stage.

3 h ago

SFC publishes consultation conclusions on further restricting the use of misleading names by unregulated entities to protect investors

The SFC publishes consultation conclusions on legislative proposals to further restrict the inappropriate use of names by unregulated entities that may mislead the public into believing they are regulated entities.

3 h ago

HYPEBEAST (00150) Issues Positive Profit Alert, Expects Interim Pre-Tax Profit to Increase by Over 150% Year-on-Year

HYPEBEAST (00150) announced that, compared with revenue of approximately HK$279 million and pre-tax profit of approximately HK$6 million for the six months ended September 30, 2025, the Group is expected to record revenue growth of more than 10% and pre-tax profit growth of more than 150% for the six months ended September 30, 2026 (the reporting period).

3 h ago

The Cyberspace Administration of China and the National Financial Regulatory Administration Carry Out a Concentrated Crackdown on the Chaos of Online Financial "Black and Gray Industry" Information

Recently, the Cyberspace Administration of China, together with the National Financial Regulatory Administration, has continued to strengthen the management of online financial information and carried out concentrated handling of a batch of accounts that publish and disseminate information on financial "black and gray industry" activities such as "malicious debt evasion," "improper anti-collection," "agency claims," and "credit repair."

3 h ago

Market news: Taiwan stocks to implement short-selling restrictions.

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3 h ago

CIFI HOLD GP (00884) recorded cumulative contracted sales of approximately RMB7.77 billion in the first 10 months.

CIFI HOLD GP (00884) announced that in October 2026, the group recorded contracted sales (including contracted sales of joint ventures and associates) of approximately RMB780 million and contracted sales area of approximately 76,300 sq m, with an average contracted selling price of approximately RMB10,500 per sq m, and contracted sales attributable to shareholders' equity of the Company of approximately RMB370 million.

3 h ago

New Stock News | Hongxin Yu's Hong Kong IPO and the "full circulation" of its domestic unlisted shares have been filed with the CSRC.

On November 6, the International Cooperation Department of the CSRC issued the "Notice of Filing for Overseas Issuance and Listing and 'Full Circulation' of Domestic Unlisted Shares of Shenzhen Hongxin Yu Electronics Co., Ltd."

3 h ago

The National Financial Regulatory Administration is publicly soliciting opinions on the "Measures for the Administration of the Qualifications of Directors, Supervisors, and Senior Managers of Insurance Companies (Draft for Comment)".

On November 6, the National Financial Regulatory Administration publicly solicited opinions on the "Measures for the Administration of the Qualifications of Directors, Supervisors, and Senior Managers of Insurance Companies (Draft for Comment)." The deadline for feedback is December 6, 2026.

3 h ago

TIMES CHINA (01233): October contracted sales approximately RMB235 million, down 41.69% year-on-year

Times China Holdings (01233) announced that for the ten months ended October 31, 2026, the group's cumulative contracted sales (including sales of joint venture projects) amounted to approximately RMB2.751 billion, down 36.55% year-on-year, with contracted gross floor area of approximately 257,700 square meters.

3 h ago

New Stock News | Denglin Technology's Hong Kong IPO and "Full Circulation" of Domestic Unlisted Shares Filed with the CSRC

On November 6, the International Cooperation Department of the China Securities Regulatory Commission issued the "Notice of Filing for Overseas Issuance and Listing and 'Full Circulation' of Domestic Unlisted Shares of Suzhou Denglin Technology Co., Ltd."

3 h ago

HING YIP HLDGS (00132): Green Gold Leasing's net profit for the first three quarters was RMB72.5832 million, a year-on-year decrease of 9.12%

HING YIP HLDGS (00132) announced that Green Gold Leasing recorded operating revenue of RMB280 million for the nine months ended September 30, 2026, a year-on-year decrease of 1.89%; net profit was RMB72.5832 million, a year-on-year decrease of 9.12%.

3 h ago

YUEXIU PROPERTY (00123) cumulative contracted sales for the first 10 months amounted to approximately RMB80.225 billion.

YUEXIU PROPERTY (00123) announced that in October 2026, the company achieved contracted sales (including contracted sales of joint venture and associated company projects) of approximately RMB12.207 billion, a year-on-year decrease of approximately 0.7%, and contracted sales area of approximately 342,500 square meters, a year-on-year increase of approximately 25.7%.

3 h ago

Guangzhou Automobile Group (02238) October vehicle sales were 143,700 units.

GAC Group (02238) announced that Guangzhou Automobile Group Co., Ltd. (the Company) produced 154,100 vehicles in October 2026, with cumulative production for the year reaching 1.317 million vehicles; vehicle sales in October 2026 were 143,700 units, with cumulative sales for the year reaching 1.2849 million vehicles.

3 h ago

After the U.S. midterm elections, Asia-Pacific faces a major AI test, while falling oil prices bring a glimmer of hope.

If the U.S. elections ultimately cause the AI boom to fade, Asia's export powerhouses could be hit hard, but for the Asian region that drives global economic growth, this is not all bad news. The market plunge in Asia of technology companies related to U.S.-made products reflects concerns that Washington will put the brakes on data center construction, which would curb demand for chips and other electronic products.

3 h ago

Aluminum Corporation Of China (02600): Subsidiary intends to enter into an EPC general contracting contract with China Aluminum International Engineering Corporation, with a contract price of approximately RMB6.55557 billion

Aluminum Corporation of China (02600) announced that on November 6, 2026, following deliberation and approval at the 18th meeting of the ninth session of the Board of Directors of the Company, Chalco Guinea Company Limited (Chalco Guinea), a subsidiary of the Company (as employer), intends to enter into an engineering, procurement and construction (EPC) general contracting contract (the EPC General Contracting Contract) with China Aluminum International Engineering Corporation Limited (Chalieco) (as contractor).

4 h ago

I-CONTROL (01402) Announces Interim Results: Net Profit HK$542,000, Up 199.45% Year-on-Year

I-CONTROL (01402) announced its interim results for the six months ended September 30, 2026: revenue of HK$61.873 million, up 34.3% year-on-year; net profit of HK$542,000, up 199.45% year-on-year; earnings per share of HK$0.0005.

4 h ago

ZHENRO PPT (06158): Cumulative contracted sales for the first 10 months amounted to approximately RMB3.454 billion, a year-on-year decrease of 7.64%.

ZHENRO PPT (06158) announced that for the month ended October 31, 2026, the Group together with its joint ventures and associates recorded cumulative contracted sales of approximately RMB353 million, a year-on-year decrease of 21.9%, and contracted sales GFA of approximately 21,200 sq.m. The average contracted selling price for the month ended October 31, 2026 was approximately RMB16,600 per sq.m.

4 h ago

GAOYU FINANCE (08221) issues positive profit alert, expects interim net profit of approximately HK$1.3 million, turning from loss to profit year-on-year.

GAOYU FINANCE (08221) announced that the Group is expected to record a net profit of approximately HK$1.3 million for the six months ended September 30, 2026 (the reporting period), compared with a net loss of approximately HK$5.47 million for the six months ended September 30, 2025 (the corresponding period).

4 h ago

WAI YUEN TONG (00897) issues profit warning, expecting interim loss attributable to shareholders of not more than HK$16 million, turning from profit to loss year-on-year.

Wai Yuen Tong (00897) announced that the Group expects to record a loss attributable to owners of the parent of not more than HK$16 million for the six months ended September 30, 2026, compared with a profit attributable to owners of the parent of approximately HK$2.8 million in the corresponding period, representing a turnaround from profit to loss.

4 h ago

VIVA GOODS (00933) will pay a special dividend of HK12.55 cents per share on December 7.

VIVA GOODS (00933) announced that it will pay a special dividend of HK12.55 cents per share on December 7, 2026.

4 h ago

Northbound funds | Northbound trading recorded a net purchase of RMB2.415 billion; northbound funds added to Tencent (00700) and other tech internet stocks while selling off AI hardware throughout the day.

On November 6 in the Hong Kong stock market, northbound trading recorded a net purchase of HK$2.415 billion. Among this, Stock Connect (Shanghai) recorded a net purchase of HK$3.908 billion, while Stock Connect (Shenzhen) recorded a net sell of HK$1.493 billion.

4 h ago

A-LIVING (03319) will pay an interim dividend of RMB0.05 per share on January 14, 2027.

A-LIVING (03319) announced that it will pay an interim dividend of RMB0.05 per share on January 14, 2027.

4 h ago

HXTL (01085) participated in the completion of the "Multi-Agent Collaborative Virtual Power Plant Dispatch Platform for New-Type Power Systems," which has been selected for the list of proposed First Prize award winners.

HXTL (01085) announced that, according to the recent public notice of the proposed awards for the China General Chamber of Commerce Service Industry Science and Technology Innovation Award, the "Multi-Agent Collaborative Virtual Power Plant Dispatch Platform for New-Type Power Systems" (the project), which the Group participated in completing, has been selected for the list of proposed First Prize award winners.

4 h ago

CONCORD NE (00182) October attributable power generation was 665.92 GWh, up 5.05% year-on-year.

CONCORD NE (00182) announced that its attributable power generation in October 2026 was 665.92 GWh, up 5.05% year-on-year; attributable power generation for the first 10 months was 6,855.27 GWh, down 3.43% year-on-year.

4 h ago

Novo Nordisk (NVO.US) long-acting growth hormone makes its China debut at the CIIE following full approval in China

On November 6, during the 9th China International Import Expo, the Novo Nordisk booth hosted the "Global Heritage, Renewed Upgrade Novo Nordisk Growth Hormone New Chapter Unveiling Ceremony."

4 h ago