Alibaba (09988.HK) will report results for the quarter ended September 2026 on Nov. 19, 2026.

AMP chief economist and head of investment strategy Sean Oliver said investors are still gauging the market impact of a Democratic win in the midterm elections and outcomes remain unclear. Recent volatility reflects mounting concern that tech and AI-related positions are overvalued, leaving them more vulnerable to shocks. Those valuation pressures have been building and the midterms may merely have been the trigger for a pullback. Oliver cautioned it is too early to call a market bottom; if the economic outlook is unchanged, the fall is likelier to be a correction than the start of a bear market.

On Nov. 6, Chinese and Philippine law enforcement repatriated more than 100 suspects involved in cross-border gambling and fraud, bringing bilateral repatriations since 2023 to over 2,600. China reiterated a firm stance against cross-border gambling and fraud and said it will continue close cooperation with Philippine counterparts and take all necessary measures to safeguard normal people and trade flows.