ECB chief economist LANE said AI has begun to support euro-area activity.

Front-month coal futures fell 2.00% intraday to 1,411.00 yuan/ton.

Important News 1. The 21st National Congress of the Communist Party of China will be held in Beijing in the second half of 2027. 2. The government will again implement macro-control measures, and refined oil prices will be adjusted appropriately. 3. The United States has banned imports of products from three Chinese biotechnology companies. The Ministry of Foreign Affairs stated that it will take necessary measures to safeguard the legitimate rights and interests of Chinese enterprises. 4. The Ministry of Commerce stated that if the European Union takes discriminatory restrictive measures against Chinese products, China will take all necessary measures. Individual Stock News 1. Zhongji Xuchuang: Q3 net profit was 8.587 billion yuan, a year-on-year increase of 173.74% and a quarter-on-quarter increase of 8%. 2. Shenghong Technology: Q3 net profit was 527 million yuan, a year-on-year decrease of 52.17% and a quarter-on-quarter decrease of 66%. 3. Xin Yisheng: Q3 net profit was 3.843 billion yuan, a year-on-year increase of 61.15% and a quarter-on-quarter decrease of 19%. 4. GigaDevice: Q3 net profit was 4.209 billion yuan, a year-on-year increase of 728.93% and a quarter-on-quarter decrease of 21%. 5. Jiangbolong: Q3 net profit of RMB 3.745 billion, up 436.60% year-on-year. 6. Montage Technology: Q3 net profit of RMB 1.24 billion, up 161.98% year-on-year. 7. Hongchang Electronics: Q3 net profit up 2545% year-on-year and 455% quarter-on-quarter. 8. North China Electronics: Q3 net profit of RMB 2.022 billion, up 5.18% year-on-year. 9. Lianxun Instruments: Q3 net profit of RMB 1.439 billion, up 3488.07% year-on-year. 10. BYD: Q3 net profit up 28.1% year-on-year, down 4.2% in the first three quarters. 11. China Unicom: Q3 net profit down 31% year-on-year and 16% quarter-on-quarter. 12. Sinopec: Q3 net profit of RMB 13.361 billion, up 57.2% year-on-year. 13. Shengyi Technology: Q3 net profit of RMB 3.44 billion, up 238.40% year-on-year. 14. Foxconn Industrial Internet (FII): Q3 net profit of RMB 16.634 billion, up 60.35% year-on-year. 15. Tongfu Microelectronics: Q1-Q3 net profit of RMB 3.061 billion, up 255.68% year-on-year. 16. Muyuan Foods: Q1-Q3 net loss of RMB 9.319 billion, down 163.05% year-on-year. 17. Puran Shares: Q3 net profit of RMB 728 million, up 3875.57% year-on-year and 26% quarter-on-quarter. 18. Tinci Materials: Q3 net profit of RMB 1.041 billion, up 582% year-on-year and down 13% quarter-on-quarter. 19. COSCO Shipping Holdings: Q3 net profit up 80.73% year-on-year and 128% quarter-on-quarter. 20. Luxshare Precision: Q3 net profit of RMB 5.214 billion, up 6.98% year-on-year and 24% quarter-on-quarter. 21. Deco: Plans to invest 1.2 billion yuan in a high-end product project for AI computing power and data center optical connectivity to improve the delivery capability of high-end optical communication products.