Customs: China's rare earth exports Jan-Oct totaled 48,097.2 tonnes.

At the night session open, China’s main futures contracts were mostly lower: fuel oil fell more than 6%, SC crude nearly 5%, low-sulfur fuel oil (LU) over 4%; methanol and LPG about 4% lower; polypropylene, propylene and benzene each down more than 3%. Shanghai gold rose over 1%.

Hesai Technology (02525.HK) reported unaudited Q3 2026 revenue Rmb1.068 bln, up 34.3% YoY. Reported net profit Rmb80.8 mln, down 68.5% YoY; non‑GAAP net profit Rmb119 mln, down 58.6% YoY. Gross margin 41.0% (42.1% a year earlier). Total LiDAR shipments 729,700 units, +65.3% YoY; ADAS LiDAR 638,100 units, +67.6% YoY; robotics LiDAR 91,600 units, +51.1% YoY. Robotics actuator modules shipments 23,400 units, +96.8% QoQ. Cash and equivalents Rmb6.977 bln at quarter end. Company guides Q4 revenue Rmb1.10–1.15 bln.