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The A-share traditional Chinese medicine sector saw a surge, with Panlong Pharmaceutical hitting the daily limit, followed by gains in Enwei Pharmaceutical, Longshen Rongfa, Datang Pharmaceutical, Zhongheng Group, and Sanli Pharmaceutical.

2026-11-09

The A-share traditional Chinese medicine sector saw a surge, with Panlong Pharmaceutical hitting the daily limit, followed by gains in Enwei Pharmaceutical, Longshen Rongfa, Datang Pharmaceutical, Zhongheng Group, and Sanli Pharmaceutical.

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2026-11-09

At the open in China’s A-share market, the Shanghai Composite rose 0.27%, the Shenzhen Composite Index gained 0.87% and the ChiNext Index advanced 1.19%. Semiconductors, industrial gases and precious metals led gains.

At the open in China’s A-share market, the Shanghai Composite rose 0.27%, the Shenzhen Composite Index gained 0.87% and the ChiNext Index advanced 1.19%. Semiconductors, industrial gases and precious metals led gains.
2026-11-08

CITIC Securities in its 2027 telecom strategy report says large-model commercialization expands rapidly in 2026; as of end‑September 2026 OpenAI and Anthropic had combined ARR of about $124 bln. North America’s four major cloud service providers repo

CITIC Securities in its 2027 telecom strategy report says large-model commercialization expands rapidly in 2026; as of end‑September 2026 OpenAI and Anthropic had combined ARR of about $124 bln. North America’s four major cloud service providers reported combined capex of roughly $208.7 bln in Q3 2026, up 84.2% YoY, signaling continued high-intensity AI infrastructure investment. The report warns recursive self-improvement (RSI) could drive step-changes in model capability. AI demand is broadening: AI-assisted programming shows a clearer commercialization path, while design, modeling/simulation, AI4Science and robotics expand longer-term compute demand. CITIC Securities remains optimistic and keeps a long-term preference for North American compute exposure and the domestic Chinese AI compute supply chain.
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