GM approved a new $20 bln share buyback program.

Key Economic Data and Events to Watch Today: Tuesday, October 20, 2026 ① 14:00 Germany September PPI MoM ② 14:00 Switzerland September Trade Balance ③ 14:00 UK August 3-Month ILO Unemployment Rate ④ 14:00 UK September Unemployment Rate ⑤ 14:00 UK September Jobless Claims ⑥ 16:00 Eurozone August Seasonally Adjusted Current Account ⑦ 17:00 Germany October ZEW Economic Sentiment Index ⑧ 17:00 Eurozone October ZEW Economic Sentiment Index ⑨ 20:15 US ADP Employment Change (Week Ending October 3) ⑩ 20:30 US September Housing Starts (Annualized) ⑪ 20:30 US September Building Permits ⑫ 22:00 US September Pending Home Sales MoM ⑬ 02:30 the next day: US oil futures rollover ⑭ 04:30 the next day: US API crude oil inventories for the week ending October 16

Individual Stock News 1. Shandong Xinhua Pharmaceutical Co., Ltd. (00719.HK): Nimodipine tablets passed the generic drug consistency evaluation. 2. Nazhen Technology (09856.HK): Price stabilization action, price stabilization period ended, and over-allotment option expired. 3. TCL Electronics (01070.HK) expects adjusted net profit attributable to shareholders for the first three quarters to increase by approximately 45% to 55% year-on-year. 4. Zijin Gold International (02259.HK) reported a profit attributable to owners of the parent company of US$2.015 billion for the first three quarters, an increase of 123% year-on-year. 5. MINIMAX-W (00100.HK): M3.1 Flash launched, with comprehensively enhanced performance, 3 times faster speed, and 70% lower price. 6. iDreamSky (01119.HK) reached a 200 million RMB strategic investment cooperation agreement with Zhanxin Investment to establish YouTopia and jointly support the development of the Nanshan game industry. 7. SF Holding (06936.HK) reported combined revenue of RMB 28.719 billion from its express delivery, supply chain, and international businesses in September, a year-on-year increase of 6.34%. 8. Hansoh Pharmaceutical (03692.HK): Entered into a strategic cooperation and licensing agreement with Roche, under which it will receive potential milestone payments exceeding US$15 billion based on project progress. 9. Dongshan Precision: Plans to list 113 million H shares in Hong Kong, with a maximum issue price of HK$93.80 per share. Trading is expected to commence on the Hong Kong Stock Exchange on October 28. 10. Micro-Intelligent Manufacturing: Plans to list 37.27 million H shares in Hong Kong, with an issue price range between HK$16.63 and HK$21.46 per share. Trading is expected to commence on the Hong Kong Stock Exchange on October 28.