【New Listings】 L4 autonomous driving tech firm Pony.ai-W (02026) launches HK IPO with four cornerstone investors subscribing to approximately $120 million. Joyson Electronics (00699) opens share subscription from October 28 to November 3, planning a global offering of 155.1 million H-shares. WeRide-W (00800), a global pioneer in L4 autonomous driving, initiates HK IPO, expected to list on November 6. Wangshan Wangshui-B (02630) plans a global offering of 17.5978 million H-shares, targeting a November 6 listing.

【Major Developments】 Meituan-W (03690) proposes issuing $2 billion in USD notes and ¥7.08 billion in RMB notes. ANE Logistics (09956) receives a privatization proposal from TopCo via a scheme of arrangement, trading resumes on October 30. COSCO SHIPPING Energy (01138) plans to acquire full equity in Shanghai LNG for ¥598 million. Pharmaron (03759) intends to purchase 82.54% stake in BioDuro for ¥1.346 billion. Yuexiu Property (00123) subsidiary successfully bids for a Guangzhou Panyu district plot for ¥1.194 billion. Qyuns Therapeutics-B (02509) secures global exclusive licensing agreement with Roche for QX031N. Youzan (08083) submits application to transfer to HKEX main board. Fosun Pharma (02196) proposes spin-off listing of Fosun Antigen on HKEX. CDB Leasing (01606) plans to inject $860 million into CDB Aviation.

【Earnings Reports】 Bank of China (03988): Q3 net profit attributable to shareholders at ¥177.66 billion, up 1.08% YoY. Ping An (02318): Q3 net profit at ¥132.856 billion, up 11.5% YoY. China Merchants Bank (03968): Q3 net profit at ¥113.772 billion, up 0.52% YoY. Midea Group (00300): Q3 net profit at ¥37.883 billion, up 19.51% YoY. Sinopec (00386): Q3 net profit at ¥29.984 billion, down 32.2% YoY. Huaneng Power (00902): Q3 net profit at ¥14.841 billion, up 42.52% YoY. HSBC (00005): Q3 net profit at $4.873 billion, down 20.56% YoY; declares $0.1 dividend per share. CGN Power (01816): Q3 net profit at ¥8.576 billion, down 14.14% YoY. Datang Power (00991): Q3 net profit at ¥6.712 billion, up 51.48% YoY. CICC (03908): Q3 net profit at ¥6.567 billion, up 129.75% YoY. ZTE (00763): Q3 net profit at ¥5.322 billion, down 32.69% YoY. Jiangxi Copper (00358): Q3 net profit at ¥6.023 billion, up 20.85% YoY. Longyuan Power (00916): Q3 net profit at ¥4.613 billion, down 19.84% YoY. Qingdao Port (06198): Q3 net profit at ¥4.18 billion, up 6.33% YoY. Shandong Gold (01787): Q3 net profit at ¥3.956 billion, up 91.51% YoY. Fosun Pharma (02196): Q3 net profit at ¥2.523 billion, up 25.5% YoY. New Oriental-S (09901): Q1 net profit down 1.9% YoY to $241 million. WH Group (00288): Q3 net profit at $1.168 billion, up 8.05% YoY. Pharmaron (03759): Q3 net profit at ¥1.141 billion, down 19.76% YoY. Ganfeng Lithium (01772): Q3 net profit at ¥25.52 million. Junshi Biosciences (01877): Q3 net loss narrows 35.7% YoY to ¥596 million. ASMPT (00522): Q3 net loss at HK$270 million, swinging from profit YoY.