Hot Topics

On November 4th, Li Chenggang, the representative of international trade negotiations and vice minister met with the American agricultural products trade delegation in Beijing. Both sides had exchanges on Sino-US economic and trade relations and agri

At a regular press conference hosted by Foreign Ministry Spokesperson Mao Ning yesterday, reporters asked about the recent statement by US Treasury Secretary Bessent that China is an unreliable partner, just days after US President Trump concluded an

The spokesperson for the Ministry of Commerce answered questions related to the adjustment of the unreliable entity list measures. In order to implement the consensus reached during the economic and trade negotiations in Kuala Lumpur between China an

From November 3 to 5, 2025, Zhou Liang, Deputy Director of the National Financial Supervision and Regulation Administration, was invited to attend the Fourth International Financial Leaders Investment Summit in Hong Kong and made a speech. During his

Since 2025, Hong Kong's IPO market has continued to surge ahead, with the recent IPO size reaching 216.474 billion Hong Kong dollars. This is a breakthrough of 200 billion Hong Kong dollars in IPOs in Hong Kong after four years since the peak in 2021

Federal Reserve Board member Milan said that the Fed's policy was still too restrictive and that there were risks associated with the current policy. Milan believed that further interest rate cuts were still warranted and stated that the Fed should n

Trump predicts that the U.S. GDP growth rate will reach 4.2% or higher in the third quarter. The latest data released shows that the number of ADP employment in October increased by 42,000, which is the largest increase since July 2025.

Global Market

On Wednesday, the three major U.S. stock indexes closed up with gains, with the S&P 500 index up 0.37%, the Nasdaq Composite Index up 0.65%, and the Dow Industrial Average up 0.48%.

Most large tech stocks rose, with Google-C up 2.41%, Amazon up 0.35%, Meta up 1.38%, and Tesla up 4.01%.

In addition, Chinese stocks also rebounded with the NASDAQ China ADR Index closing up 0.15% on Wednesday. Pinduoduo rose 1.87%, Ideal Cars 1.31%, CenturyLink 5.93%, Solartech AITES 13.69%, and Jinkei Energy 16.03%.

In Hong Kong stock market, the three major indices collectively weakened on Wednesday. The Hang Seng Index fell by 0.07%, the Hang Seng Tech Index dropped by 0.56%, and the H-share Index declined by 0.11%.

Market performance indicates that gold, coal, electric power equipment, and lithium battery stocks are strengthening, while automotive and semiconductor stocks are weakening.

Company News

Cross-border (02432.HK): It plans to raise about 771 million Hong Kong dollars by selling 16.66 million shares with a discount of about 10.3%. The financing will be used primarily to promote technological research and product innovation of smart robo

Hong Kong Exchange (00388.HK): Total revenue reached HK$21.9 billion in the first three quarters, a year-on-year increase of 37%; net profit was HK$13.4 billion, with a year-on-year growth of 45%. Both revenue and net profit hit new highs.

Foobo Group (03738.HK): Total revenue in the third quarter increased by approximately 27% year-on-year, with revenue from mainland China increasing by about 22% and monthly recurring revenue (MRR) increasing by about 28% year-on-year.

Jingtai Holdings (02228.HK): Its subsidiary AILUX announced a strategic partnership with LLY to enable the development of AI-driven bispecific antibodies.