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10/27
17:49
Chinese company GigaDevice announced that as of the disclosure date, it had cumulatively repurchased 3.0086 million shares through centralized bidding, representing 0.43% of its total share capital, with a total payment of 1.115 billion yuan. The repurchase price ranged from 271.43 yuan/share to 411.95 yuan/share, with an average price of 370.64 yuan/share. The repurchased shares will be cancelled to reduce the company's registered capital.
17:49
China's Ganfeng Lithium announced that its operating revenue for the first three quarters of 2026 was 2.439 billion yuan, a year-on-year increase of 378.58%. Net profit attributable to shareholders was 1.473 billion yuan, a year-on-year increase of 925.78%. Net profit excluding non-recurring items was 1.469 billion yuan, a year-on-year increase of 1063.11%. For the third quarter alone, operating revenue was 915 million yuan, a year-on-year increase of 343.61%. Net profit attributable to shareholders was 472 million yuan, a year-on-year increase of 706.71%. Net profit excluding non-recurring items was 464 million yuan, a year-on-year increase of 777.07%.
17:47
Israel's election polls close on Tuesday, with exit poll results expected within hours, but a final verdict may take days. Voting concluded at 10pm local time (20:00 GMT). While initial indications from exit polls will be broadcast soon after, the final vote tally is anticipated by Friday, and official election results are formally published a week after the election, on November 4. No single party is expected to secure an outright majority in the 120-seat Knesset, meaning coalition negotiations could take weeks.
17:45
According to Iran's state news agency IRNA, Qatar's Emir Sheikh Tamim bin Hamad Al Thani met with Iranian President Masoud Pezeshkian during the 8th Summit of Heads of State and Government of the Gas Exporting Countries Forum (GECF) in Moscow. The two sides discussed developing bilateral relations, strengthening cooperation in the energy sector including natural gas, and reviewed the latest status of relations between Tehran and Doha, emphasizing the importance of expanding political and economic ties and how to leverage existing capabilities to enhance bilateral cooperation.
17:45
Galaxy Digital believes now is the time to accumulate Bitcoin, citing improving price trends, resilient ETF demand, and rising U.S. debt. Alex Thorn, head of firmwide research at Galaxy, stated that the bear market likely ended in June below $58,000, and Bitcoin has entered an accumulation phase. The firm noted that spot Bitcoin ETFs added 87,000 BTC following the June low, and sees rising U.S. debt and persistent deficits strengthening Bitcoin's appeal as a fixed-supply asset. Bitcoin was trading around $80,000 at the time of the article, up 38% from its June lows.
17:43
The Shanghai Municipal Commission of Economy and Informatization issued the "Shanghai Action Plan for Accelerating the Development of New-Generation Intelligent Manufacturing," proposing to build a public platform for new-generation intelligent manufacturing. This includes a supply-demand matching platform, an overseas empowerment platform, and a pilot test platform. Specifically, the supply-demand matching platform will integrate market demand with service provider capabilities, establishing a closed-loop ecosystem of "technological breakthroughs—scenario implementation—model replication." The overseas empowerment platform will promote the accelerated global expansion of high-quality products and high-level solutions. The pilot test platform will support enterprises in collaborating with upstream and downstream partners in the industrial chain to provide services such as data simulation, process improvement, sample trial production, testing and verification, and demonstration applications.
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.

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