A-share PCB stocks diverged intraday: Jin'an Guoji hit the daily limit; Hongchang Electronics, Mankun Technology, Yidun Electronics, Mingyang Circuit and Huazheng New Materials advanced. Oukeyi tumbled nearly 17%, Shenghong Technology fell over 12%, Wanlang Magnetic Plastics dropped more than 9%, and Fangbang Co. declined.

India's October economic report: despite persistent geopolitical friction, energy-price volatility and tighter global financial conditions remaining major headwinds, India's economy may remain well positioned.

Dongshan Precision says Q4 product deliveries should remain on a high-growth trajectory as global AI compute spending lifts demand for its high-end optical modules and AI server PCBs. The company reported downstream orders are full and capacity utilization remains high; shipments of AI high-end optical modules are rising quarter-on-quarter and 1.6T modules entered mass shipment in Q4. Its in-house EML optical-chip capability is beginning to augment module production, creating a dual-driver effect. A higher mix of premium products has materially improved profitability. Dongshan expects a concentrated release of optical-module capacity, the 1.6T ramp and continued expansion of high-end PCB volumes to support another strong quarter of deliveries.