34 Shanghai-listed securities firms (two now delisted) reported combined revenue of CNY 408.0 bln in the first nine months, up 21.9% YoY. Net profit attributable to parent was CNY 170.14 bln, up 28.7% YoY; net profit excluding non-recurring items was CNY 168.96 bln, up 34.8% YoY. By line: brokerage revenue CNY 108.49 bln (+28.2%), proprietary trading CNY 170.06 bln (+15.7%), asset management CNY 31.91 bln (+26.8%), credit business CNY 36.63 bln (+43.3%), and investment banking CNY 27.95 bln (+28

Ukraine's president ZELENSKIY said Russia holds no advantage on the frontline.

Shopify shares fell as much as 20% in premarket trading after Q3 revenue rose 32% YoY to $3.74bn, slightly below the Street view of $3.75bn — the company’s first revenue miss since Q2 2022. Subscription solutions revenue missed estimates and dragged results; merchant solutions, the largest segment, was roughly in line. Gross merchandise volume (GMV) also missed expectations. Research firm Vital Knowledge said the revenue miss, softer GMV and a mixed outlook are likely to be viewed negatively by the market. As of Monday’s close the stock was down 3% year-to-date.