Anthropic said remaining performance obligations were $13.8 bln as of Sept. 30.

Hang Seng Index opened higher, pulled back and rallied into the noon session; Hang Seng rose 0.61% to 23,437.41 and the Hang Seng Tech Index gained 2.85% to 3,862.08. Turnover was HKD114.145bn. AI hardware led the market rally; semiconductors, PCB and optical-communications subsectors outperformed. Chinese brokerages and lithium stocks were active. Mainland bank stocks opened strong then slid; precious metals lagged. Notable movers: Yangtze Optical Fibre & Cable (06869.HK) +13.47%, CATL (03750.HK) +6.73%, Industrial & Commercial Bank of China (01398.HK) -2.15%, Zhufeng Gold (01815.HK) -7.26%.

Hunan Yuneng said at an earnings briefing the long-term positive trend for the lithium-battery sector remains intact and short-term disruptions will not alter its growth trajectory. The company expects lithium iron phosphate (LFP) demand to rise around 30% next year. While planned LFP capacity additions are large, rollout faces two constraints: substantial funding requirements with uncertain delivery timelines, and high technical barriers for high-end LFP — few firms can stably mass-produce premium product. Hunan Yuneng expects high-end LFP to remain supply-tight in 2027.