Finance 2026-10-22

Market snapshot

Shanghai turnover: CNY 642.8bn

Macro & policy

Finance news

1. China and EU Just Reached Consensus, So Why Is the EU Preparing a New Trade Tool?

China and the EU have just reached a consensus on trade issues, but the EU is reportedly preparing a new trade instrument. Details and timing remain unclear, and the motives and implications are still to be observed.

Source: 财新

2. French Debt Is More Than Ten Times Greece’s! Franklin Templeton: No One Is Truly Prepared for Eurozone Crisis 2.0

Franklin Templeton warns that France’s debt is more than ten times Greece’s and that markets are not truly prepared for a Eurozone crisis 2.0. The warning highlights renewed concerns over sovereign debt risks in the euro area.

Source: 华尔街见闻

3. Li Auto Unveils ‘Lianshan’ Electric Technology System, Pledges Battery Quality Guarantee

Li Auto unveiled its ‘Lianshan’ electric technology system, covering core EV areas including batteries. The company also pledged to backstop battery quality, aiming to boost consumer confidence in reliability.

Source: 界面新闻

4. Wealth management market sees new shifts as banks and brokerages accelerate transformation

China’s wealth management market is undergoing new changes, with banks and brokerages speeding up business transformation in response, Yicai reported. The report offered few specifics on the shifts or the measures being taken.

Source: 第一财经

5. Shanghai Releases International Aviation Hub Plan: ‘Third Airport’ to Be Completed by 2035

Shanghai has released a plan for an international aviation hub, including a ’third airport’ to be completed by 2035. The plan aims to strengthen the city’s aviation capacity and global connectivity.

Source: 财新

6. Green shipping corridor results unveiled as overseas port executives praise China’s green practices

Several green shipping corridor achievements were released at an industry event, covering route planning, standards and port cooperation. Overseas port executives praised China’s green shipping practices, citing its work on green fuels, shore power and port emissions cuts as a useful reference.

Source: 第一财经

7. Tesla beats on earnings and sales even as auto revenue declines

Tesla reported third-quarter results that beat expectations for earnings and sales. However, its automotive revenue declined.

Source: CNBC Markets

8. Inside India newsletter: Asia’s hottest data center market aims to quell concerns over water and power use

India faces growing public anger over data centers’ water and power use. The backlash could threaten the country’s ambition to host global data workloads, and the industry is seeking to address the concerns.

Source: CNBC Markets

Filings & research

Company filings (CNINFO, titles in Chinese)

• 长川科技：杭州长川科技股份有限公司2026年前三季度业绩预告
• 华锐精密：2026年前三季度业绩预告的自愿性披露公告
• 建新股份：建新股份2026年前三季度业绩快报
• 澜起科技：澜起科技2026年第三季度业绩预增的自愿性披露公告
• 天齐锂业：2026年前三季度业绩预告
• 新疆众和：新疆众和股份有限公司2026年前三季度业绩预增公告
• 国药一致：2026年度前三季度业绩快报
• 海南矿业：海南矿业股份有限公司2026年前三季度业绩预增公告

Research notes

1. Stockstar “Research Morning Views”: Brokerage Morning Meetings and Research Reports

The page is Stockstar’s “Research Morning Views” section, which aggregates brokerage morning-meeting commentary and research report summaries. No substantive content, specific views or data were included in the source.

Source: 券商研报

2. Bernstein Research Note: Optical Module Pullback Doesn’t Change Fundamentals, Coherent Revenue Beats Expectations

Bernstein said in a research note that the recent pullback in optical module stocks does not alter the sector’s fundamentals. Coherent’s latest quarterly revenue beat market expectations, suggesting resilient demand for optical communications.

Source: 券商研报