PRE-MARKET CHINESE STOCK NEWS: Chinese Trade Data is scheduled today

HSBC Holdings (5 HK) - Co. is selling its Tokyo headquarters and plans to move to a new building. (Newswires)

MGM China Holdings (2282 HK) - Co. H1 (HKD) net 1.9bln (prev. 2.4bln Y/Y) and rev. 17.4bln (prev. 16.7bln Y/Y). (Newswires)

Minth Group (425 HK) - Co. will break ground on a new manufacturing campus in Gadsden, US, and expects to invest about USD 430mln in the project in phases. (Newswires)

Pacific Basin Shipping (2343 HK) - Co. H1 (USD) adj. net 94.9mln (prev. 21.9mln Y/Y), EBITDA 197.8mln (prev. 121.5mln Y/Y) and rev. 1.11bln (prev. 1.02bln Y/Y). (Newswires)

Poly Property Group (119 HK) - Co.’s July contracted sales were CNY 3.0bln (prev. 2.8bln Y/Y). (Newswires)

Shanghai International Port Group (600018 CN) - Co.’s July container throughput rose 1.3% Y/Y to 4.7mln TEU. (Newswires)

US President Trump signs order imposing polysilicon tariffs, while the White House said the tariffs on polysilicon and related products will begin at 00:01EDT on December 4th. (Newswires)

Alibaba (9988 HK) plans to ask for revenue sharing for the next version of the open-source Qwen AI model. (Newswires)

Moonshot AI is said to be asking partners for a revenue share of up to 30% for Kimi K3 Model. (Newswires)

China's DeepSeek resumed its second funding round, according to The Information citing sources. Separately, the company plans a significant increase in API pricing for AI models. (Newswires)