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<Midday Takeaway>Top 5 Gainers among ETFs; XI2CSOPSMSN Surges 7.7% Topping Chart
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<Results>HKEX 3Q NP Up 56% YoY to $4.9B, Near Upper End of Consensus
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<Midday Takeaway>HSI Closes Midday at 25,878, Down 73 pts; HSTI Closes Midday at 5,771, Down 46 pts; NEW ORIENTAL Down over 3%; MTR CORPORATION, CHINA EAST AIR Hit New Highs
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<Research>CLSA Expects XIAOMI-W 3Q Adj. NP to Spike 60%; EVs Still the Bright Spot
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CN to Continue to Suspend 24% Additional Tariff Rate on US for Yr, Retain 10% Extra Tariff Rate
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CN to Halt Additional Tariffs on Certain Imported Goods Originating in US
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<Research>BofAS Reiterates CATL's TP at HKD605, Expects 4Q Domestic Mkt Shr to Rise
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<Research>JPM Lifts AIA TP to $107 as Growth Momentum Acceleration Expected to Drive Valuation Re-rating
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HESAI-W, FIBOCOM Co-Launch Robotic LiDAR Solution
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<Research>HSBC Research Favors HKEX/ BOC HONG KONG for HK Financials; Southbound Equity Inflow Strong
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BYD Plans to Launch High-end Brand Yangwang in Mideast Early-2026, Followed by Expansion into European/ US Mkts
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Alibaba Cloud Rated as Leader in 2 Gartner Reports
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<Research>G Sachs Raises YUM CHINA TP to $436 on Resilient 3Q Results
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《HIBOR》1-Month HIBOR Down to 3.16%, Logging 1-month Low
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<Research>Citi Opens 30-day Positive Catalyst Watch on MAOYAN ENT , Keeps Rating at Buy
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<Research>Citi Keeps CHINAHONGQIAO as Industry Top Pick w/ TP Raised to HKD36; Aluminum Supply Expected to Remain Tight
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PONY-W Launches 7th-Gen Robotaxi with 70% Cost Cut vs Previous Model
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JD-SW Plans to Issue 3rd Tranche of 2025 Tech Innovation Corporate Bonds Worth RMB2B
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<Research>Citi Expresses Confidence in TECHTRONIC IND Full-Yr Performance, Reiterates Rating Buy, Sees Further US Rate Cuts Next Yr
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<Research>BofAS Reiterates Underperform for NWD; Views on Perpetual Bonds & Bond Exchange Offer Mixed
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