Market snapshot
| Index | Level | Change |
|---|---|---|
| SSE Composite | 3813.79 | ▲0.05% |
| SZSE Component | 12641.86 | ▲0.17% |
| ChiNext | 3043.33 | ▲0.22% |
| Hang Seng | 24211.35 | ▲1.79% |
| Hang Seng Tech | 4197.84 | ▲3.06% |
| S&P 500 | 7811.54 | ▲0.59% |
| Nasdaq | 27366.17 | ▲0.64% |
| Dow Jones | 51654.95 | ▲0.83% |
| Gold | 4194.24 | ▲1.47% |
| Crude oil | 91.66 | ▲0.19% |
| VIX | 14.84 | ▼3.70% |
Shanghai turnover: CNY 888.6bn
Macro & policy
No major macro releases today.
Finance news
1. Life-saving chemotherapy drug jumps from 24 yuan to 1,200 yuan amid shortage; generic production lines take 5 years?
A First Financial investigation finds a life-saving chemotherapy drug that once cost 24 yuan a vial is being resold for up to 1,200 yuan amid acute shortages. Generic drugmakers say building new production lines could take about five years, so relief is not imminent.
Source: 第一财经
2. Chip veteran Pat Gelsinger: From memory and optical interconnect to electrical and network architecture, this is a golden age for hardware innovation
Former Intel CEO Pat Gelsinger says hardware innovation is entering a golden age, with simultaneous advances across memory, optical interconnect, electrical and network architecture. He argues these converging breakthroughs will reshape computing infrastructure.
Source: 华尔街见闻
3. “重装佬”整顿民宿 - Jiemian.com
Source: 界面新闻
4. Caixin Weekly: The Inside Story of the First Chinese Gene Therapy’s 1.4 Million Yuan Price Cut
Caixin Weekly reports that China’s first domestically developed gene therapy has had its price cut by 1.4 million yuan. The article traces the background and negotiations behind the sharp reduction.
Source: 财新
5. Lujiazui Financial Salon: Accelerate Building First-Class Investment Institutions, Jointly Promote High-Quality Development of the Public Fund Industry
The Lujiazui Financial Salon was held under the theme of building first-class investment institutions and promoting high-quality development of China’s public fund industry. Participants discussed improving institutional research, governance capabilities and the broader industry ecosystem.
Source: 第一财经
6. Vance says Microsoft replaced laid-off workers with foreign hires. Here’s what the visa data shows
The administration barred Microsoft and seven other firms from sponsoring green cards, alleging they favor foreign workers. Here’s what the visa data shows.
Source: CNBC Markets
7. Microsoft’s Nadella says AI needs an ‘emergency brake’ that humans control
Microsoft CEO Satya Nadella said AI needs an ’emergency brake’ controlled by humans. He joined other tech leaders and researchers in calling for stronger safeguards, with some also urging that frontier AI development be paced more cautiously.
Source: CNBC Markets
8. Infighting Escalates at Xiaosong Co. as Founding Family Representative Ousted From Board
Infighting at Xiaosong Co. has escalated after the founding family’s representative was removed from the board of directors. The move highlights deepening governance tensions and leaves the company’s control structure uncertain.
Source: 界面新闻
Filings & research
Company filings (CNINFO, titles in Chinese)
- 广合科技：2026年前三季度业绩预告
- 国力电子：关于2026年第三季度业绩预告的自愿性披露公告
- 景旺电子：景旺电子2026年第三季度业绩预增公告
- 川金诺：2026年前三季度业绩预告
- 中国巨石：中国巨石2026年前三季度业绩预增公告
- 韶能股份：广东韶能集团股份有限公司2026年前三季度业绩预告
- 艾比森：2026年前三季度业绩预告
- 鸿富瀚：2026年前三季度业绩预告