French foreign minister said on Friday in Istanbul that further escalation between the U.S. and Iran would leave no winners and could sharply push up hydrocarbon prices, after talks with counterparts from the UK, Germany, Turkey, Egypt, Pakistan and

Petronas, the Malaysian national oil company, stated that the first phase of its project targets depleted gas fields offshore the Malay Peninsula, with an estimated injection capacity of up to 5 million tons per year.

Key News 1. The National Development and Reform Commission (NDRC) released regulations for the management of overseas investment. 2. Twelve companies have terminated their IPO applications on the Science and Technology Innovation Board (STAR Market) this year, with the fastest withdrawal taking only 86 days. 3. The Yichun Municipal Bureau of Ecology and Environment released a public notice regarding the proposed approval of the ecological and environmental impact report for the Jianxiawo lithium mine project. 4. Yuyuan Tantian: DeepSeek and MiniMax, two leading companies, have successfully completed registration procedures and obtained open-source and overseas licensing agreements. Individual Stock News 1. Tianfu Communication: The production ramp-up pace for CPO/NPO projects has not changed significantly recently, and the currently released import and export policies do not affect the company's business. 2. Huazheng New Material: Net profit attributable to shareholders in the third quarter of 2026 was RMB 627 million, a year-on-year increase of 3044.60%. 3. China Telecom: Net profit in the third quarter of 2026 was RMB 6.62 billion, a year-on-year decrease of 14.65%. 4. Aoshikang: Net profit in the third quarter increased by 329% year-on-year and 470% quarter-on-quarter. 5. China Tungsten High-Tech: Q3 net profit increased by 149% year-on-year but decreased by 21% quarter-on-quarter. 6. JCET Group: Q3 net profit increased by 59.99% year-on-year and 39% quarter-on-quarter. 7. Xingyun Technology: Q3 net profit increased by 655% quarter-on-quarter; server trading business achieved large-scale delivery starting in August. 8. InnoLight Technology: Sufficient capacity utilization and stable supply chain. 9. CATL's board secretary allegedly assaulted? Insiders respond: The news is untrue; the board secretary did not attend the roadshow. 10. G-bits Network Technology: Plans to distribute a cash dividend of 60 yuan per 10 shares, totaling 431 million yuan. 11. Joyoung: Q3 net profit was 216,300 yuan, a year-on-year decrease of 74.69%. 12. Honghe Technology: Q3 net profit increased by 608% year-on-year and 52% quarter-on-quarter. 13. Kailaiying: Q3 net profit was 332 million yuan, a year-on-year increase of 81.49%. 14. Zhenan Technology: Plans to acquire no less than 51% equity of Shenzhen Sanwei, which is expected to constitute a major asset restructuring. 15. Zijin Mining: Zijin Gold completed the delivery of Chifeng Gold, holding 25.85% of the shares.