PRE-MARKET CHINESE STOCKS NEWS: NVIDIA (NVDA) received purchase orders from Chinese customers and is in the process of restarting manufacturing for H200 China chips
Newsquawk Staff ·
China Literature (772 HK) - Co. FY (CNY) net rose to 859mln (prev. 856mln Y/Y), EBITDA fell to 614mln (prev. 1.38bln Y/Y), rev. was 7.37bln (prev. 7.37bln Y/Y). (Newswires)
Dongfeng Motor (489 HK) - Co. is to delist H shares today amid a merger by absorption, while it plans to distribute shares in its EV unit VOYAH to shareholders with shares in the unit expected to begin trading on Thursday. (Newswires)
Everest Medicines (1952 HK) - Co. signed a letter of intent for the acquisition of Hasten Biopharmaceuticals (Singapore). (Newswires)
Hong Kong Electric Investments (2638 HK) - Co. FY (HKD) net fell to 3.15bln (prev. 3.26bln Y/Y), EBITDA rose to 8.75bln (prev. 8.7bln Y/Y), rev. fell to 12.1bln (prev. 12.4bln Y/Y). (Newswires)
Mongolian Mining Corp. (975 HK) - Co. FY (USD) net fell to 6.1mln (prev. 242mln Y/Y), EBITDA fell to 203mln (prev. 496mln Y/Y), rev. fell to 823mln (prev. 1.04bln Y/Y). (Newswires)
Prudential plc (2378 HK) - Co. FY (USD) adj. operating profit rose 6% Y/Y to 3.31bln. (Dow Jones Newsplus)
Sinopharm Group (1099 HK) - Co. FY (CNY) net rose to 109mln (prev. 59mln Y/Y), EBIT rose to 151.3bln (prev. 57.3bln Y/Y), rev. fell to 7.34bln (prev. 7.43bln Y/Y). (Newswires)
Sunac China Holdings (1918 HK) - Co. guides FY (CNY) net loss of 12bln-13bln (prev. loss 25.7bln Y/Y). (Newswires)
Tencent Music Entertainment (1698 HK) - Co. Q4 (CNY) gross profit rose 19% Y/Y to 3. 86bln. total monthly active users fell 5% Y/Y to 528mln, while it sees Q1 2026 revenue to decline 9% Q/Q but rise 7% Y/Y to 7.0bln, Co. US-listed shares fell 25%. (Newswires)
Other News
US President Trump said regarding China that they are resetting the meeting, and it looks like it will happen in five weeks, while he looks forward to seeing Chinese President Xi and said they have a good working relationship. (Newswires)
NVIDIA (NVDA) received purchase orders from Chinese customers and is in the process of restarting manufacturing for H200 China chips, while it was also reported that NVIDIA is said to be preparing a version of Groq AI chips that can ship to China. (Newswires)
China’s state planner NDRC called Meta (META) and Manus executives last week to express concerns about Meta’s deal to acquire Manus. (NYT)
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earnings
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- Israeli election results show Netanyahu's bloc with 53 seats, Eisenkot's bloc with 47 and Arab parties with 19, following the counting of all votes excluding double-envelope ballots, i24 reports
- Atomic Energy Organization of Iran Spokesman says protocol for building small reactors with Russia is being finalized
Related headlines
- Al-Mayadeen correspondent in Iran says Iranian officials believe that Trump wants to bring the nuclear issue into the negotiations, which Iran rejects1 hour ago
- Senior US Treasury trade official Eric Ettorre will leave to join Netflix (NFLX), reports Axios1 hour ago
- Russian Deputy PM Novak says they are open to work with US partners on energy, but there are no current discussions around a return to specific projects4 hours ago
- US PRE-MARKET MOVERS: SKHY, NXPI, ENPH, APH, GOOGL, HOOD, PPG, VRT, GEV, GEHC, BSX, ETSY, WEN, V2 hours ago
- GE Healthcare Technologies Inc. (GEHC) Q3 (USD): Adj. EPS 1.34 (exp. 1.20), Revenue 5.5bln (exp. 5.35bln), Adj. EBIT 913mln (exp. 838.8mln)4 hours ago
- Phillips 66 (PSX) Q3 2026 (USD): Adj. EPS 14.08 (exp. 11.73)3 hours ago
- Aon (AON) Q3 (USD): Adj. EPS 3.36 (exp. 3.30), Revenue 4.1bln (exp. 4.08bln)4 hours ago
- UK Budget, 28th October 2026: An uneventful budget expected, but the reaction risks are skewed negative3 hours ago
- US Broker Moves: ENPH and DYN downgraded at Oppenheimer; FFIV downgraded at Piper Sandler2 hours ago
- UK DMO says gross gilt issuance planned for 2026/27 is GBP 250.6bln (exp. 249.6bln, prev. 246.2bln in April remit)1 hour ago
- Amphenol (APH) Q3 2026 (USD): Adj. EPS 0.80 (exp. 0.73), Sales 10.2bln (exp. 9.49bln)2 hours ago
- GE Vernova (GEV) expects USD 50-100mln of annual cost synergies from Trench by 2030, according to the conference call2 hours ago
- Etsy Inc. (ETSY) Q3 2026 (USD): EPS 1.00 (exp. 0.77), Revenue 692mln (exp. 668mln)3 hours ago
- Garmin Ltd. (GRMN) Q3 2026 (USD): Adj. EPS 2.76 (exp. 2.41), Revenue 1.99bln (exp. 1.99bln)3 hours ago
- Newsquawk US Daily Equity Opening News - SKHY surges after op profit beat; NXPI & STX down after results1 hour ago