KML TECH (08065) Issues Profit Warning, Expects Interim Pre-Tax Loss to Narrow to Approximately HK$2.2 Million

KML TECH (08065) announced that the group expects to record a pre-tax loss of approximately HK$2.2 million for the six months ended September 30, 2026, compared with a pre-tax loss of approximately HK$4.5 million in the same period of 2025. The decrease in pre-tax loss was mainly attributable to an increase in gross profit to approximately HK$15.8 million (prior period: approximately HK$12.9 million).

5 m ago

CITIC (00267): CITIC Metal Co., Ltd. (601061.SH) reported Q3 net profit attributable to shareholders of RMB1.095 billion, up 24.81% year on year.

CITIC (00267) announced the 2026 third-quarter report of CITIC Metal (601061.SH): operating revenue was RMB39.473 billion, down 0.84% year on year; net profit attributable to shareholders of the listed company was RMB1.095 billion, up 24.81% year on year; basic earnings per share were RMB0.22.

11 m ago

ANDRE JUICE (02218): Completion of Delivery for Acquisition of Control over Ningbo Yongqiang Technology

ANDRE JUICE (02218) announced that Yantai North Andre Juice Co., Ltd. (hereinafter referred to as the "Company") held the 10th meeting of the ninth Board of Directors on June 15, 2026, at which the proposal on signing the Equity Transfer Framework Agreement was deliberated and approved, agreeing that the Company would acquire part of the equity of Ningbo Yongqiang Technology Co., Ltd. (hereinafter referred to as "Yongqiang Technology") using its own funds or self-raised funds.

13 m ago

MINGFA GROUP (00846) total contracted sales for the first three quarters were approximately RMB1.43 billion, a year-on-year decrease of approximately 25.9%.

MINGFA GROUP (00846) announced that, based on the Group's contracted sales records for the nine months ended September 30, 2026, the Group achieved total unaudited contracted sales of approximately RMB1.43 billion, a decrease of approximately 25.9% compared with approximately RMB1.93 billion for the same period in 2025.

14 m ago

DATANG POWER(00991) completed on-grid electricity generation of approximately 208.7398 billion kWh in the first three quarters, up approximately 1.21% year-on-year.

DATANG POWER (00991) announced that as of September 30, 2026, the company and its subsidiaries had completed cumulative on-grid electricity generation of approximately 208.7398 billion kWh, up approximately 1.21% year-on-year. The average on-grid tariff was approximately RMB423.61/MWh (tax inclusive), down approximately 1.53% year-on-year.

14 m ago

ASIA CEMENT CH (00743) reported a loss attributable to shareholders of RMB301 million for the first three quarters.

Asia Cement (China) (00743) announced that for the nine months ended September 30, 2026, revenue was RMB3.329 billion, down 10.8% year-on-year; loss attributable to owners of the company was RMB301 million, compared with a profit of RMB146 million in the same period last year; basic loss per share was RMB0.192.

16 m ago

HKBN (01310) Announces Second Interim Results, Net Profit HK$317 million, Up 53% Year-on-Year

HKBN (01310) announced its second interim results for the 12 months ended August 31, 2026. The group recorded revenue of HK$11.821 billion, up 6% year-on-year; net profit of HK$317 million, up 53% year-on-year; and earnings per share of 21.4 HK cents.

16 m ago

WH GROUP (00288) First Three Quarters Profit Attributable to Shareholders US$1.017 Billion, Down 12.93% Year-on-Year

WH GROUP (00288) announced its results for the nine months ended September 30, 2026 (results before biological fair value adjustments). During the period, the Group recorded revenue of US$20.61 billion, up 0.65% year-on-year; profit attributable to owners of the Company was US$1.017 billion, down 12.93% year-on-year; diluted earnings per share were 7.91 US cents.

17 m ago

Jiangsu Hengrui Pharmaceuticals (01276) reported net profit attributable to shareholders of approximately RMB6.923 billion for the first three quarters, up 20.38% year on year.

Jiangsu Hengrui Pharmaceuticals (01276) announced its results for the first three quarters of 2026, with revenue of approximately RMB24.409 billion, up 5.26% year on year; net profit attributable to shareholders of the listed company of approximately RMB6.923 billion, up 20.38% year on year; net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses of RMB6.243 billion, up 11.70% year on year; and basic earnings per share of RMB1.05. The company continued to increase its innovation efforts and maintained a high level of R&D investment, with cumulative R&D investment of RMB7.146 billion in the first three quarters of 2026, of which RMB5.423 billion was expensed R&D investment.

18 m ago

POP MART (09992) overall revenue in Q3 decreased by 45%-50% year-on-year.

POP MART (09992) announced that its overall revenue (unaudited) for the third quarter of 2026 decreased by 45%-50% year-on-year compared with the third quarter of 2025, of which revenue in China decreased by 25%-30% year-on-year, Asia-Pacific decreased by 65%-70% year-on-year, the Americas decreased by 70%-75% year-on-year, and Europe and other regions decreased by 50%-55% year-on-year.

19 m ago

UK Stock Market Rally Meets the "Budget Test"! Tax Hikes, Gilt Yields, and Consumer Pressure Rattle Market Nerves

As global investors turn bullish on the UK market again, the Autumn Budget to be announced this Wednesday will be a major test for the country's stock market.

27 m ago

UBS: HSBC HOLDINGS (00005) Q3 pre-provision profit misses expectations; maintain "Neutral" rating.

UBS noted that HSBC Holdings' third-quarter pre-provision profit came in 3% below market expectations.

37 m ago

Hong Kong stocks close: Hang Seng Index down 0.73%, Hang Seng Tech Index down 1.48%

NetEase fell 3.68%, CSPC Pharmaceutical Group fell 4.31%, Xiaomi Corporation-W fell 4.83%, Leapmotor fell 4.84%, HSBC Holdings fell 5.20%, Horizon Robotics-W fell 6.01%, and Longfor Group fell 7.06%.

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43 m ago

Sales plunged 16% yet profitability held! Porsche (POAHY.US) profits stabilize, with the 911 as a key support

Despite another sharp decline in vehicle sales, Germany's veteran luxury carmaker Porsche has managed to keep its profitability stable, with demand for the high-end 911 model and higher-priced derivative variants helping the company cushion the impact of a weak performance in the Chinese market.

1 h ago

A-share Market Review | Shanghai Composite falls 1.33%; banks buck the trend and strengthen; multiple retail stocks hit limit up

On October 27, the three major A-share indices opened slightly higher in the morning, then fluctuated lower, with the decline accelerating in the afternoon, and all closed near their intraday lows.

1 h ago

The undervalued hidden leader in Voice AI: The value reassessment window for Bairong Intelligent (06608) is opening

A Hong Kong-listed company known to the market for financial digital services is betting its second growth curve on voice. Over the past year, its AI customer service client count has grown to 3.5 times the prior year's level, reaching 140 clients across 8 industries; its accumulated real call volume has reached 2.6 billion calls; and its self-developed voice model ranks first on the global VoiceBench comprehensive leaderboard. Yet these changes have not yet been fully reflected in market pricing.

1 h ago

Risk appetite falls below zerois the window to add to equities finally open? Amid the semiconductor rebound, Goldman Sachs sticks with an "overweight" on equities.

Global capital flows are thus showing a clear tension between "equities seeking repair and credit continuing to stratify." Goldman Sachs' risk appetite indicator has fallen to -0.5, not yet reaching the historically stronger contrarian buying zone, but resilient tech earnings expectations, retreating valuations, and reduced positioning crowding have already improved the expected returns on equities.

1 h ago

Citi Warns Food Supply Risks Are Underestimated: El Nio Combined with High Energy Costs Raises Upside Risks for Grains and Oilseeds

Recently, Citi released a commodities research report noting that the global CBOT grains and oilseeds market is currently in a special cycle where multiple risks are converging.

1 h ago

Bank of Japan's price trend indicator jumps above 3%, providing grounds for further rate hikes.

The Bank of Japan's gauge of underlying inflation rose to its highest level in three years, far exceeding the bank's 2% target and providing grounds for the authorities to continue raising interest rates.

1 h ago

Commodity futures close

Container shipping index Europe route futures fell 6.96% consecutively, asphalt rose 4.79% consecutively, liquefied petroleum gas rose 4.50% consecutively, caustic soda fell 4.38% consecutively, and lithium carbonate rose 3.77% consecutively.

Latest news

1 h ago

Oil Price Shock Meets AI Boom: Asian Emerging Currencies Diverging Sharply

The oil price surge and the artificial intelligence (AI) boom are intensifying the divergence in the foreign exchange market.

2 h ago

Novartis AG Sponsored ADR (NVS.US) Q3 revenue up 4% year-over-year; long-term pipeline impairment weighs on net profit.

Novartis (NVS.US) released its third-quarter 2026 financial results on Tuesday.

2 h ago

JPMorgan Asset Management CIO: US Treasury returns could reach 7%-8% over the next 12 months, with longer-dated bonds offering more value

The US bond market is expected to deliver returns of approximately 7% to 8% over the next 12 months.

2 h ago

The power super-cycle is about more than just AI! Morgan Stanley: The "Three A" forces are pushing the global power shortage beyond expectations, and about half of market demand is not yet priced in.

Morgan Stanley says the upgrade in electricity consumption driven over the past three years by data centers and semiconductor fabs is now spreading to the industrial and residential sectors. The "Three A" forcesAI agents (Agentic), air conditioning (Aircons), and reshoring/supply chain restructuring (Allshoring)will push the global power shortage beyond expectations.

2 h ago

Cyberport Hong Kong: Community enterprises have raised over HK$74.5 billion in cumulative financing, with 19 companies successfully listing within the year.

Cyberport Hong Kong will hold the "Cyberport Venture Capital Forum" from November 4 to 5.

2 h ago

Japan's economy is undergoing a positive shift! Moody's: Growth and inflation show "encouraging" signs, but resilience still faces a key test.

The rating agency Moody's believes that encouraging signs are emerging on Japan's path toward sustained economic growth and stable inflation, but a key test will be whether this resilience can withstand future shocks.

2 h ago

HK Stock Market Move | HSBC HOLDINGS (00005) fell more than 5% in the afternoon; third-quarter reported profit before tax rose 32%, slightly below expectations.

HSBC HOLDINGS (00005) plunged in the afternoon, with its share price hitting a new low since June this year. As of press time, it fell 5.06% to HK$135, with a turnover of HK$2.145 billion.

3 h ago

When AI starts "catching" patients after discharge: iFlytek Healthcare's (02506) inflection point lies beyond the medical record.

While most AI healthcare companies are still battling over tender shares for in-hospital assisted diagnosis, iFlytek Healthcare has already moved the battlefield outside the hospital: AI patient management.

3 h ago

FERRETTI (09638) reported new orders of EUR665 million for the first three quarters, a year-on-year decrease of approximately 13.8%.

FERRETTI (09638) announced its results for the nine months ended September 30, 2026. New orders: new orders for the nine months of 2026 amounted to EUR665 million, a decrease of approximately 13.8% compared with EUR771 million for the nine months ended September 30, 2025 (the nine months of 2025). During the period, the Company was affected by drastic changes in the geopolitical and macroeconomic environment. Ongoing uncertainties have led to prolonged negotiation periods, particularly for orders in the made-to-order yacht and superyacht segments and in the Middle East and Africa region (Middle East and Africa).

4 h ago

HSBC HOLDINGS (00005) will pay a third-quarter dividend of US$0.1 per share on December 17.

HSBC HOLDINGS (00005) announced that it will pay a third-quarter dividend of US$0.1 per share on December 17, 2026.

4 h ago

HSBC HOLDINGS (00005) Announces First Three Quarters Results: Profit After Tax of US$22.9 Billion, Up 28% Year-on-Year

HSBC Holdings (00005) announced its third-quarter 2026 results, with revenue increasing by US$800 million compared with the third quarter of 2025 to US$18.6 billion, mainly reflecting growth in net interest income from banking operations. Benefiting from increased customer activity, fees and other income from the Corporate and Institutional Banking business also rose, with growth coming from Global Transaction Banking and the Debt and Equity Markets businesses, while fees and other income from investment product distribution under Wealth Management and from Private Banking also recorded growth. However, part of the increase was offset by valuation losses at Corporate Centre and by the non-recurrence of a one-off favorable impact from insurance operations in the third quarter of 2025.

4 h ago

Xiaohongshu is verifying the removal of Mbapp-related materials.

Xiaohongshu Issues Statement Regarding Mbapp: Xiaohongshu firmly opposes any behavior that hurts national sentiments. Upon verification, Xiaohongshu entered into a content collaboration with Kylian Mbapp in 2024, and the collaboration expired and concluded on December 31, 2024. Currently, the platform is continuously verifying and removing relevant materials. Thank you to the vast number of netizens and users for their attention.

Latest news

4 h ago

Energy bills become the top election issue in the midterms: oil prices under Trump exceed Biden's for the first time, and deep-red states may turn into swing states.

Under Trump, the average gasoline price has exceeded Biden's for the first time; oil prices rose 43% and diesel 70% over eight months to record highs. High energy costs are turning deep-red states into swing states and becoming the focal point of the midterm elections.

4 h ago

HSBC Holdings' third-quarter revenue was US$18.620 billion, compared with US$17.788 billion in the same period last year; profit before tax was US$9.632 billion, compared with US$7.295 billion in the same period last year.

Latest news

4 h ago

AI capital expenditure is tied to the lifeline of South Korea's economy, and the central bank warns that the decline in exports could reach US$100 billion! Why does Goldman Sachs still remain bullish on South Korean stocks and the two memory giants?

The Bank of Korea warned that if AI spending slows, the country's chip export value could fall by as much as US$100 billion.

4 h ago

A-share Midday Review | Shanghai Composite Index falls 0.13%, electric motor sector leads gains, banking and retail defy the trend

The market showed a divergent pattern of "indices opening higher and then falling, thematic sectors diverging and rotating, and heavyweight defensive sectors outperforming."

5 h ago

National Standard "Basic Requirements for Smart Freight Hubs" Released

Recently, the State Administration for Market Regulation (Standardization Administration of China) approved and released the national standard "Basic Requirements for Smart Freight Hubs" (GB/T 481722026).

5 h ago

5% Yielding US Treasuries Fall Out of Favor! BlackRock: Sovereign Bonds Are No Longer the First Choice; the AI Debt Wave Is the Best Opportunity in Years

BlackRock says the AI debt wave is the best fixed-income opportunity in years, with global high-grade AI financing surpassing US$300 billion in 2026, roughly triple last year's level, and it prefers secured short-dated debt over long-dated bonds.

5 h ago

HKD HIBOR rates fall broadly; one-month rate drops for second straight day to 2.70%

On October 27, HKD HIBOR rates fell broadly, with the one-month rate, which is linked to mortgage loans, at 2.70000%, down 5.000 basis points.

5 h ago

New Stock News | Xinyi Automobile Glass reportedly plans Hong Kong IPO next year, aiming to raise US$600 million to US$700 million

Market rumors suggest that Xinyi Automobile Glass plans to IPO in Hong Kong next year, aiming to raise US$600 million to US$700 million.

5 h ago

National Energy Administration: In January-September 2026, nationwide electricity market trading volume increased by 18.9% year on year.

On October 27, according to the National Energy Administration, in September 2026, electricity trading volume completed by power trading institutions nationwide reached 673.7 billion kWh, up 17.5% year on year.

5 h ago

As semiconductors suffer heavy losses, tech bulls set their sights on AI applications! ServiceNow (NOW.US) shares surge against the trend, as Morgan Stanley focuses on "agentic consumption + workflow upgrades"

From October 19 to 23, the company's stock price rose for five consecutive trading days, with cumulative gains of 11.97% during that period, while the Philadelphia Semiconductor Index fell 3.21% over the same period; on October 22, the Philadelphia Semiconductor Index plunged 6.72% and the Nasdaq Composite Index fell 2.60%, yet ServiceNow rose 2.53%.

5 h ago

HUITONGDA NET (09878): More than 1,000 Apple authorized stores under "Jujia Yuntong" simultaneously launch the new iPhone Duo.

At 8:30 a.m. on October 23, the Youyin Communications store in Baohua Town, Jurong, Jiangsu Province, simultaneously sold the new iPhone Duo in the urban market.

5 h ago

Citadel warns: the tech stock selloff is just the first alarm bell, and the AI trade has "almost no margin for error"

The tech stock selloff shows growing doubts about AI profitability, with Citadel Investment saying the AI trade has very little margin for error; Gray says demand is parabolic, and capital expenditure has become a two-way risk.

6 h ago

New Stock Analysis | Denglin Technology: Revenue Exceeds RMB200 Million in 4 Months, Is the Inflection Point Ahead of the Cost Curve?

Viewed in isolation, Denglin's financial inflection point is merely an operational improvement at a small company. Placed within the industry's frame of reference, however, it has caught a track that is rapidly widening.

6 h ago

ILUVATAR COREX (09903) bank credit lines reach RMB12 billion; diversified financing system strengthens supply chain and delivery assurance.

ILUVATAR COREX (09903)'s latest announcement shows that the company has obtained a total of RMB12 billion in bank credit lines, of which more than 80% remains unused.

6 h ago

Bank of Korea warns: if AI spending slows, South Korea's chip exports could fall by as much as $100 billion.

According to data from the Bank of Korea, if large US technology companies slow their capital expenditure in artificial intelligence next year, South Korea's semiconductor exports could be $50 billion to $100 billion lower than previous forecasts. In a written response submitted to lawmaker Ahn Do-geol, the Bank of Korea constructed a "pessimistic scenario" aimed at assessing the impact on South Korea's economy if US tech giants cut their massive infrastructure spending. Under this scenario, the sharp drop in exports would cause South Korea's GDP growth rate next year to fall by about 0.4 percentage points; at the same time, it would also push South Korea's current account surplus far below the Bank of Korea's previous forecast of a $430 billion surplus for 2027. The scenario assumes that the unit price of South Korean semiconductor products will fall by 10%.

Latest news

6 h ago

Open-weight models capture 72% share in one year: Morgan Stanley warns software gains flow only to companies that control complex workflows

Open-weight models' share rose from 22% to 72% in one year. Morgan Stanley says the software dividend is not universal, and value will flow to companies with the deepest moats that control complex workflows.

6 h ago

BOJ's "hawkish pause" is only awaiting official announcement; market focus has already shifted to the December monetary policy signal.

Given that the BOJ just raised rates to a 31-year high last month, all respondents predicted the BOJ would keep rates unchanged. But they also all expect the central bank to raise rates in December or January.

6 h ago

A-share Market Open Brief | Tech hardware sector leads gains, all three major indices open higher

As of 9:40, a total of 3,471 stocks in the Shanghai and Shenzhen markets rose, 1,795 fell, and 311 were flat. There were 24 limit-up stocks and 5 limit-down stocks, with advancers accounting for 62% of the total.

7 h ago