A-share stocks Luxshare Precision, Zhongji Xuchuang, New Easys, Tianfu Communication and Dongshan Precision jumped in afternoon trade. The firms said at midday they will fully deploy policy tools to safeguard company value and investor interests.

CPCA data: In China, September battery-electric vehicle (BEV) sales were about 760,000 units, down 9.3% YoY and up 11.3% MoM; plug-in hybrid vehicle (PHEV) sales were about 318,000 units, down 29.1% YoY and up 8.1% MoM. 2026 YTD new-energy vehicle sales totaled 7.495 million units, down 13.2% YoY.

Oil prices have weakened as a Middle East geopolitical premium unwound, regional exports resumed and physical prices slid, putting further pressure on futures. Donghai Futures said the US midterm outcome and Senate Majority Leader Schumer’s push to end the US–Iran conflict lifted expectations of a quick settlement, eroding an about $20/bl geopolitical premium. Analysts caution tail risk remains: Iranian exports are still significantly constrained and diplomatic signals merit monitoring; if talks fail, low prices and freight could spur purchases and drive prices back up. Another futures researcher added that the price drop does not yet indicate a structural reversal—geopolitical easing could be reversed and low product inventories mean restocking should provide floor support. Overall, scope for further downside is limited.