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10/27
17:37
The Shanghai Municipal Commission of Economy and Informatization issued the "Shanghai Action Plan for Accelerating the Development of New Generation Intelligent Manufacturing," which states that it will focus on common areas across key links of intelligent manufacturing, including "sensing, control, execution, and interconnection." It will tackle core technologies such as distributed sensing, multi-modal fusion governance, high-dynamic motion planning and control, and industrial wireless real-time communication. The plan also emphasizes breakthroughs in fundamental components like high-end sensors, high-torque density servo motors, high-precision heavy-duty joint modules, high-performance servo drives, and high-reliability reducers.
17:33
China Tongguan Copper Foil announced that its operating revenue for the first three quarters of 2026 reached 6.533 billion yuan, a year-on-year increase of 37.99%. Net profit attributable to the parent company was 339 million yuan, up 439.75% year-on-year, while non-recurring net profit was 328 million yuan, an increase of 582.38% year-on-year. For the third quarter alone, operating revenue was 2.512 billion yuan, up 44.58% year-on-year. Net profit attributable to the parent company was 124 million yuan, a year-on-year increase of 345.34%, and non-recurring net profit was 120 million yuan, up 406.69% year-on-year. The performance growth was mainly attributed to the increase in selling prices of copper foil products, growth in processing fee income, and a reduction in inventory impairment provisions.
17:32
Political analyst Xavier Abu Eid stated that the Israeli general election is being closely watched by Middle Eastern countries, as a potential re-election of Netanyahu would impact the prospects for Palestinian statehood and regional relations. He noted that Netanyahu disregards relations with Egypt and Jordan, which has led to border instability. Furthermore, Saudi Arabia has made it clear that it will not normalize relations with Israel unless an independent Palestinian state is established.
17:28
OKX announced that it will launch a P2P voucher campaign at 07:00 PMT on October 30, 2026, targeting new users in Pakistan who have completed identity verification and have never completed a P2P buy order. The first 3,000 eligible users will automatically receive a 1 USDT P2P discount voucher for orders of at least 10 USDT. The campaign will run until 23:59 (UTC+5) on December 31, 2026, and vouchers must be used within 72 hours of receipt.
17:27
The Dalian Commodity Exchange (DCE) announced that, following research, it has decided that effective from the trading session on October 29, 2026, non-futures company members or clients shall not open more than 500 lots in a single day on the LH2701 hog futures contract, and not more than 1,000 lots in a single day on other hog futures contracts. This single-day open interest refers to the sum of buy-open and sell-open positions on a single hog futures contract on that day. Open interest for hedging and market-making trades will not be restricted, and accounts with actual control relationships will be managed as a single account. The exchange will adjust trading limits based on market conditions.
17:26
Hong Kong stocks fell on Tuesday, with the Hang Seng Index closing down 170 points, or 0.7%, at 23,041 points; the Tech Index dropped 1.5%. Mainland Chinese stocks also gave back early gains, closing at a 14-month low, with the ChiNext Index plunging 3.41% and the STAR 50 Index plummeting 4.8% to its lowest since March, as AI-related stocks continued to be sold off. China's central bank announced on Monday that it has decided to establish a liquidity swap facility to provide emergency liquidity to non-bank financial institutions facing large-scale redemptions.
17:17
Morocco has surpassed South Africa to become the fourth most attractive investment destination in Africa, according to the African Continental Investment Attractiveness Index published by FirstRand's RMB (Rand Merchant Bank). The bank attributed this to Morocco's years of industrialization and faster economic growth.
17:10
The Zcash policy group Pretty Good Policy for Zcash (PGPZ) submitted comments to the U.S. Securities and Exchange Commission (SEC) on October 20, urging the SEC to allow token issuers to protect the privacy of unrelated wallet activity when disclosing fundraising information in its proposed rules for crypto asset fundraising, while still requiring disclosure of significant holdings and conflicts of interest. PGPZ believes that disclosure should be limited to information investors need to verify and suggests that the SEC explicitly permit the use of accounting records, cryptographic proofs, and selective disclosure of relevant records to demonstrate compliance without exposing a complete financial history.
17:08
IDC's latest report shows that vivo continues to maintain a stable market performance with robust product competitiveness, ranking first in the Android camp in the high-end market above $600. The report points out that the S60 series performed better than its predecessor, helping vivo rank first in the $400-$600 price segment and further solidifying its sales base.
17:08
On October 27, Cao Cao Mobility CEO Gong Xin announced the launch of the Suzhou Xiangcheng Cao Cao Mobility Physical AI Full-Scenario Intelligent Transit Pilot Project at the 8th Smart Driving Conference. Suzhou is the first city where Cao Cao Mobility has simultaneously launched Robotaxi and Robovan services and put a green intelligent transit island into operation. Gong Xin stated that the company will promote the synergistic operation of the three and establish an AI center, a RAS vehicle-road-cloud integration center, and a smart cockpit center in Suzhou.
17:06
Mercedes-Benz has adjusted its full-year 2026 outlook based on the anticipated impact in the fourth quarter. The company expects full-year 2026 EBIT to be at the same level as the previous year, but free cash flow will be significantly lower than the previous year. Specifically, the Mercedes-Benz Cars division expects an adjusted return on sales of 2%-3% for full-year 2026; the Mercedes-Benz Vans division expects 8%-10%; and the Mercedes-Benz Mobility division expects 12%-14%.

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