Sharpa co-founder says the company plans long-term deployment of AI robots in F&B, hospitality and retail sectors.

Insurance funds appeared among the top-10 tradable shareholders of more than 630 stocks ahead of Q3 filings and newly built heavy positions in roughly 150 names. New Q3 insurance buys include CATL, Zhongji Xuchuang, Huadian New Energy and North Huachuang. China Life products newly acquired about 26.4 mln CATL shares; quarter‑end market value CNY 7.686 bln, the largest insurance new holding by value. China Life products also added ~7.6 mln shares of Zhongji Xuchuang; quarter‑end market value CNY 6.143 bln. China Life and Ping An products newly accumulated over 1.1 bln shares of Huadian New Energy; quarter‑end market value exceeded CNY 4.3 bln. North Huachuang, Shengyi Technology and Xinyisheng each had quarter‑end holdings valued above CNY 1.0 bln.

China Index Academy data show full-caliber sales for the top-100 developers totaled CNY2.537tn Jan–Oct; October single-month sales were about CNY277.3bn, up from CNY213.3bn in August and CNY242.1bn in September. Liu Shui, head of corporate research at China Index Academy, said 9/29 mortgage interest-subsidy measures and concentrated developer promotions, together with a low year-ago base, boosted buying confidence, though sales performance remains uneven; developers with ≥CNY100bn sales fell to six (down one YoY) and those with ≥CNY10bn fell to 58 from 100 in 2023. Transaction volumes: new-home sales in 50 key cities were ~11.41 mln sqm in October (MoM +4.5%, YoY -12.0%); second-hand transactions in 20 key cities were ~14.61 mln sqm (MoM +3.0%, YoY +20.4%).