cenc recorded a magnitude-3.1 earthquake at 14:59 on Oct. 29 in Baqing County, Nagqu, Tibet (32.29°N, 93.88°E); focal depth 10 km.

Citigroup says PetroChina (00857.HK) posted Q3 net profit of 51.8 bln yuan, down 7% QoQ and up 22% YoY; nine-month net profit equals 83% of Citigroup’s full-year forecast. Citigroup notes Minas crude has risen about 16% since Q3 through October, and expects Q4 earnings to remain steady. Despite higher pipeline import gas costs, elevated LNG import prices sustain a procurement advantage that should allow PetroChina’s gas marketing to defend market share. Citigroup maintains Buy rating and HK$12 PT, citing attractive dividend yield and solid near-term earnings visibility.

Microsoft CFO said Azure revenue growth for fiscal Q2 is expected at 49–50% on a constant-currency basis.