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10/27
09:49
Ant Group has released Lingguang 2.0. After obtaining user authorization, Lingguang can proactively identify potential needs by combining connected information and services, initiate analysis, monitoring, and follow-up, and provide timely reminders at points requiring user attention. AI is no longer just a tool waiting for commands but is beginning to become an assistant capable of continuously managing affairs.
09:48
During the 15th Five-Year Plan period, Henan Province will promote the enhancement of innovation capabilities in the superhard materials industry. This includes actively supporting Henan's superhard material enterprises, universities, and research institutes in undertaking major national scientific research tasks, focusing on key application areas for diamonds, including heat dissipation. The province will implement major provincial scientific and technological projects, striving to break through a number of critical core technology bottlenecks. Concurrently, it will fully leverage national-level innovation platforms such as national key laboratories, strengthen the construction of provincial key laboratories and pilot bases, and provide platform support for cutting-edge diamond research and the tackling of common industrial technologies. Additionally, the province will strengthen the cultivation of innovative enterprises in superhard materials, encouraging superhard material enterprises to collaborate with universities, research institutes, and new research and development institutions to conduct joint research and facilitate the commercialization of achievements. (Securities Times)
09:43
Guoci Material stated at its earnings briefing on October 26 that in response to the incremental demand driven by the intelligence of new energy vehicles and the explosion of AI server computing power, the company is accelerating the capacity expansion of automotive-grade and AI server MLCC powders, aiming for a continuous increase in market share. Currently, the company's traditional MLCC capacity utilization is high, and the newly expanded high-end MLCC capacity is also in the ramp-up phase. Its products have passed validation by some clients and are expected to be supplied in bulk in the fourth quarter. At the same time, the company is closely monitoring market dynamics in relevant industries to actively seize opportunities for increased volume and price hikes.
09:39
Robotics concept stocks continue to be active, with Dorun Technology recording 4 consecutive limit-up days, Guangyang Co., Ltd. 2 consecutive limit-up days, Qin'an Co., Ltd. and Dooli Technology hitting the daily limit, and Xiangyang Bearing, Reizdrive, Yihada, Hongchang Technology, and Shandong Mining Machinery following suit.
09:38
From January to September, profits of China's high-tech manufacturing enterprises above designated size increased by 52.0% year-on-year, 36.5 percentage points higher than that of all industrial enterprises above designated size. High-tech manufacturing accounted for 25.5% of the total profits of industrial enterprises above designated size, an increase of 6.2 percentage points from the same period last year. By sector, the construction of computing power and data centers drove profit growth in the optical fiber manufacturing and optical cable manufacturing industries by 5.7 times and 1.1 times, respectively. In areas related to the computer and server industry chain, profits in computer peripheral equipment manufacturing, complete computer manufacturing, and industrial control computer and system manufacturing industries increased by 2.8 times, 1.7 times, and 90.9%, respectively. In the specialized instrument manufacturing sector, profits in navigation, surveying, mapping, meteorological, and marine specialized instrument manufacturing, and dental equipment and apparatus manufacturing industries increased by 1.9 times and 59.6%, respectively.
09:38
From January to September, profits of China's industrial enterprises above designated size showed that large, medium, and small enterprises saw year-on-year profit increases of 18.8%, 15.4%, and 8.7%, respectively. By enterprise type, joint-stock enterprises' profits grew by 20.8%, state-controlled enterprises by 13.1%, and private enterprises by 8.7%.
09:37
From January to September, profits in China's electronics industry surged by 1.0 times year-on-year, driving a 9.6 percentage point increase in profits for all industrial enterprises above designated size, becoming a crucial pillar for their rapid profit growth. Specifically, driven by demand for AI hashrate and advanced storage, profits in the manufacturing of electronic special materials and semiconductor discrete devices grew by 2.2 times and 51.7% respectively. Profits in the manufacturing of optoelectronic devices and electronic circuits increased by 69.8% and 62.5% respectively.
09:35
Sixpence, an on-chain money market for tokenized U.S. stocks, will launch a points campaign on Robinhood Chain from October 26 to November 23 (UTC). The campaign features a total reward pool of 10,000 USDG, split into two periods of 5,000 USDG each. Sixpence enables users to borrow stablecoins against tokenized U.S. stocks like AAPL, TSLA, and NVDA, or deposit stock tokens into a Vault to earn interest. The project previously raised $5 million in seed funding from investors, including a16z CSX.
09:33
On October 26, 2026, U.S. President Donald Trump claimed at a campaign rally in Corinth, Mississippi, that Iran was responsible for the war with the United States and dismissed an earlier ceasefire agreement as a "waste of time." Trump also defended the economic consequences of military action, stating that he had expected oil prices to rise even higher and was "fully prepared because we had no choice." He further claimed that Iran had developed missiles capable of reaching Europe and U.S. cities such as San Diego and Los Angeles.
09:32
China's convertible bond market opened with the CSI Convertible Bond Index rising by 0.18%. Among individual bonds, N Leite Convertible Bond led the gains, up 30.00%. Aohong Convertible Bond, Huamao Convertible Bond, Weidao Convertible Bond, and Yitian Convertible Bond rose by 4.44%, 3.92%, 3.16%, and 2.65% respectively. Aopu Convertible Bond, Wankai Convertible Bond, Huicheng Convertible Bond, Silu Convertible Bond, and Longxin Convertible Bond were among the top decliners, falling by 1.64%, 1.54%, 1.03%, 1.02%, and 0.97% respectively.
09:30
According to data from China's National Bureau of Statistics, from January to September 2026, industrial enterprises above designated size nationwide achieved a total profit of 6,033.74 billion yuan, a year-on-year increase of 15.5%. Among them, profits of state-controlled enterprises increased by 13.1% year-on-year, share-holding enterprises by 20.8%, foreign-invested and Hong Kong, Macao, and Taiwan-invested enterprises by 0.5%, and private enterprises by 8.7%. Profits in the mining industry increased by 38.2% year-on-year, and in manufacturing by 17.0%. Profits in the computer, communication, and other electronic equipment manufacturing industry increased by 103.8% year-on-year, and in oil and natural gas extraction by 21.3%. During the same period, industrial enterprises above designated size achieved operating revenue of 106.21 trillion yuan, a year-on-year increase of 6.6%.
09:27
China's A-share major indices opened mostly higher, with the ChiNext Index rising 0.89%. The Shanghai Composite Index was at 3698.44 points, up 0.02%; the Shenzhen Component Index was at 11591.36 points, up 0.49%; the ChiNext Index was at 2661.71 points, up 0.89%; the CSI 300 Index was at 4105.48 points, up 0.05%; the STAR 50 Index was at 1326.76 points, up 0.86%; the CSI 500 Index was at 6745.72 points, up 0.49%; the CSI 1000 Index was at 6664.61 points, up 0.51%.
09:18
Brent crude futures fell 0.57% to $115.15 per barrel, while U.S. WTI crude dropped 0.43% to $101.32 per barrel. The decline followed diplomatic efforts in the Middle East, after officials from Iran, Saudi Arabia, Turkey, and Pakistan met in Tehran on Monday to ease regional tensions, thereby alleviating market concerns about supply disruptions.
09:15
Canadian AI company Cohere stated on Monday that during routine cybersecurity testing, it discovered Alibaba's Qwen3.8-Flash-Next model attempting to upload files to servers in Beijing, despite the model itself claiming it does not use any external tools. Researchers quickly dismissed espionage concerns, suggesting it might stem from a messy training environment, causing the model to inadvertently act beyond its instructions rather than deliberately sending sensitive information. Cohere co-founder Ivan Zhang said it's difficult to determine whether this behavior was intentional or a remnant of training. Previously, the U.S. Department of Homeland Security had ordered federal agencies to remove products from Chinese AI developer DeepSeek.
09:07
Romanian authorities stated they have uncovered a sabotage network coordinated by Russia, which allegedly caused the fire near a state-owned arms factory in Brasov on September 14. Romania's intelligence service announced on Monday that the fire was part of a "broader sabotage operation" by Russia targeting arms manufacturers and other military and industrial objectives during its full-scale invasion of Ukraine. The Directorate for Investigating Organized Crime and Terrorism (DIICOT) stated that three individuals residing in EU countries (two Belarusians, one Ukrainian) are involved, with two already arrested in Germany and one still at large in Poland. Romanian Foreign Minister Dan Neculaescu said the fire was part of "Russia's broader sabotage operations against military production across Europe." This follows a series of incidents at defense facilities across Europe, including explosions and fires at an ammunition depot in Bulgaria in September, an incendiary attack near a defense company in Munich, and an explosion at an ammunition factory near Rome, Italy, in August.

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