Nov 13 — On the Q3 earnings call, SMIC co-CEO Zhao Haijun said wafer revenue by end-market was down QoQ for smartphones (-8%) and consumer electronics (-1%). PC & tablet, industrial & auto, and connectivity & wearables showed no material change in end-market demand, but SMIC’s revenues for those segments rose 26%, 26% and 18% QoQ respectively, supported by domestic supply‑chain localization and ahead‑of‑market platform deployments. He said SMIC has rolled out BCD low/mid/high‑voltage product lin

At its Q3 2026 results briefing, China First Heavy Industries said domestic approvals for nuclear units remain high and supply-chain tendering and scheduling have accelerated, leaving nuclear power order intake stable and improving. It noted projects carry large unit values and long cycles, with revenue recognised by delivery milestones, so annual contribution varies with plant scheduling and trend is a more meaningful indicator; nuclear contribution is rising steadily. The company called nuclear a clear mid-to-long-term baseload growth area, said its competitiveness and customer recognition are sustainable, current capacity covers on‑hand work, product upgrades are ongoing, and investment and technical retrofit-led capacity expansion are proceeding in parallel.

Freddie Mac: U.S. 30-year fixed-rate mortgage average rate 7.11% in week ending Nov. 12, down from 7.18% the prior week.