Foxconn Chairman Young Liu said he met with OpenAI CEO Sam Altman earlier today (30th), and the two companies will advance cooperation, with details to be announced once finalized.

He said any agreement will build on the agreement reached by the duo last year, with both sides cooperating in the design and engineering of data center racks, components and other AI hardware.

Liu remarked there is no bubble in the AI industry and envisioned the company's performance to maintain double-digit growth next year. The company currently has six factories in Houston, Texas, manufacturing AI servers for NVIDIA Corporation (NVDA.US), and believes there is a need for further expansion there.
~

AASTOCKS Financial News
Website: www.aastocks.com

Mixed US earnings results weighed on US stock futures and Asia-Pacific equities this morning (30th), after Alphabet Inc. (GOOGL.US)'s quarterly results disappointed the market. However, funds harbored at Hong Kong stock market. The HSI closed the day at 23,294, up 335 pts or 1.46%, with turnover at HKD214.318 billion. The HSCEI closed at 7,862, up 106 pts or 1.37%, while the HSTECH closed at 3,754, up 10 pts or 0.29%.

Major techs were well-shaped broadly. XIAOMI-W (01810.HK) closed up 3.12% after investing RMB1.7 billion in battery maker Sunwoda EVB. MEITUAN-W (03690.HK) surged 3.47%, TENCENT (00700.HK) rose 1.59%, JD-SW (09618.HK) gained 1.88%, and BABA-W (09988.HK) added nearly 1%.

Among blue chips, MENGNIU DAIRY (02319.HK) was the best performer, soaring 9.42% as brokers said recovering milk prices may improve profitability. NEW ORIENTAL-S (09901.HK) rebounded 4.3% after Daiwa said concerns over the company's 1Q26 profit margin had been overinterpreted. AIA (01299.HK) swelled 5.23%, with Goldman Sachs saying that although VONB declined in 3Q, growth showed a turning point in August and September. CHALCO (02600.HK) climbed 2.82% after UBS said quarterly results slightly beat. LENOVO GROUP (00992.HK) crumbled 7.41%, the worst-performing blue chip, after Intel (INTC.US) slumped 23% in after-hours trading amid weakness in the personal computer market.

Senior US Navy officials reportedly briefed US President Donald Trump on attack plans against Iran, sending Brent oil futures up more than 2%. Hong Kong-listed oil majors led gains, with SINOPEC CORP (00386.HK) surging 6.22% after BofA Securities said its quarterly results beat. PETROCHINA (00857.HK), which had its TP raised by UBS, rallied 5.66%, while CNOOC (00883.HK) shot up 2.92%.
~

AASTOCKS Financial News
Website: www.aastocks.com

CAIRO, Oct. 30, 2026 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec" or "the Company") hosted the final round and awards ceremony of the "In Search of China-Egypt Youth Cultural Ambassadors" competition in Cairo on Oct. 26, recognizing 30 students from Egyptian universities as "China-Egypt Youth Cultural Ambassadors."

Held under the guidance of the Chinese Embassy in Egypt, the event was included in the program of activities for the China-Africa Year of People-to-People Exchanges.

Since its launch in July, the competition has received nearly 100 original short-video entries from 12 Egyptian universities, documenting China-Egypt friendship and showcasing young people's understanding of and enthusiasm for each other's cultures.

Of the 30 honorees selected through preliminary and semifinal rounds, 16 contestants from six universities advanced to the final. During the final round, contestants competed in three quiz rounds: compulsory questions, buzzer questions and risk-taking questions. Five first-prize winners were selected and will be invited to visit Shanghai and Ningbo in China for a cultural experience program.

Seifeldien Leisy, a third-year student at Cairo University, was among the first-prize winners. He said that learning each other's languages and cultures helps young people from Egypt and China deepen mutual understanding, learn from one another and make progress together. He expressed hope that he would have the opportunity to study and work in China in the future, gain a deeper understanding of the country and promote friendship through language exchanges.

Lu Chunsheng, minister counselor at the Chinese Embassy in Egypt, said the competition provided a valuable platform for youth exchanges as the two countries mark the 70th anniversary of diplomatic relations this year.

He encouraged the selected students to share stories of China-Egypt cooperation and promote friendship among their peers, adding that the embassy would continue to provide opportunities for young people from both countries to connect.

Rehab Mahmoud, Egyptian director of the Confucius Institute of Cairo University, said the Chinese language is becoming an important bridge connecting the peoples of the two countries, with an increasing number of young Egyptians learning Chinese and gaining a better understanding of China. She expressed confidence that the ambassadors would help extend these cultural connections to more young people.

Alongside the competition, a China-Egypt cultural fair and a Chinese-themed photo area offered guests and audience members opportunities to explore both cultures through quizzes and other interactive activities.

Wei Dong, chief representative of Sinopec's Africa Office, said Sinopec would continue to fulfill its brand promise of "Cleaner Energy, Better Life" and work closely with various sectors of Egyptian society to create more opportunities for youth exchanges and help advance the China-Egypt comprehensive strategic partnership.

CHANGSHA, China, Oct. 30, 2026 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion") unveiled its 9DX hybrid tractor at the 2026 China International Agricultural Machinery Exhibition on Oct. 26. With a peak output of 1,600 horsepower, the model is described by the company as the world's most powerful tractor and is designed for sustained, heavy-duty operations on very large farms. The launch, followed by a global dealer conference, highlighted Zoomlion's latest progress in agricultural machinery innovation and international partnerships.

The 9DX features a digital chassis, core components and control systems developed in-house. Its high-horsepower hybrid continuously variable transmission technology and 800-volt dual-motor coupling system deliver peak torque of 7,200 newton-meters, supporting demanding field operations with large agricultural implements.

A hydraulic flow rate of 636 liters per minute supports wide seeders, large tillage equipment and variable-rate fertilizer applicators. The tractor uses a four-track drive system with proprietary 762-millimeter-wide tracks to help reduce surface soil compaction. A fully suspended cab with independent suspension provides a smoother ride for the operator.

The 9DX expands Zoomlion's hybrid agricultural machinery portfolio. At the exhibition, the company also displayed advanced intelligent machinery and implements, alongside precision farming technologies, software platforms and smart hardware, demonstrating how equipment and digital tools can work together in agricultural operations.

Alongside its expanding product range, Zoomlion is strengthening engagement with global partners. On Oct. 28, the company welcomed more than 230 partners from around the world to its 2027 Global Agricultural Machinery Dealer Conference at Zoomlion Smart Industry City in Changsha to discuss agricultural technologies, products and market opportunities.

Speaking at the conference, Zoomlion Chairman and CEO Zhan Chunxin said agricultural machinery is one of the company's most important strategic businesses. Drawing on its strengths in technology, manufacturing, management and supply chains, Zoomlion provides global markets with equipment and operating solutions covering the full agricultural cycle, from tillage and planting to crop management, harvesting and storage.

During the event, overseas partners visited intelligent factories and agricultural machinery testing laboratories, viewed equipment and autonomous operation demonstrations, and toured production bases in Kaifeng and Changde. Test drives of tractors and rice harvesters provided opportunities for hands-on evaluation and technical exchanges. Partners from more than 20 countries, including Spain, Türkiye, Australia, Brazil and Egypt, signed commercial agreements with Zoomlion, supporting further market cooperation.

Guided by its "High-End, International, and New Energy" strategy, Zoomlion will continue to advance agricultural machinery innovation and international market development. Zhan said the company would build on its strengths to deliver better products, services and support, further develop its industry ecosystem, and work with customers and partners to expand opportunities for growth.

Mixed corporate earnings performance in the US saw Alphabet Inc. (GOOGL.US) disappoint the market with its quarterly results, weighing down on US stock futures and Asia-Pacific equities this morning (30th). However, Hong Kong stocks attracted buying interest. By midday, the HSI closed at 23,335, up 377 pts or 1.64%, with turnover at HKD107.055 billion. The HSCEI settled at 7,882, up 126 pts or 1.63%, while the HSTECH closed at 3,797, up 53 pts or 1.43%.

Major techs had a good run broadly. MEITUAN-W (03690.HK) surged 4.91%, while XIAOMI-W (01810.HK) rallied 4.36%. TENCENT (00700.HK), BABA-W (09988.HK), JD-SW (09618.HK), NTES (09999.HK) and KUAISHOU-W (01024.HK) gained over 2%.

Among blue chips, MENGNIU DAIRY (02319.HK) was the best performer, jumping up 7.11% by midday, after brokers said recovering milk prices may improve profitability. NEW ORIENTAL-S (09901.HK) picked up 6.58% after Daiwa said concerns over the company's 1Q27 profit margin had been overinterpreted. AIA (01299.HK) mounted 3.63%, with Goldman Sachs saying that although VONB shrank in 3Q26, August and September showed a growth inflection point. BYD COMPANY (01211.HK) fell 0.51% after brokers said quarterly results missed. CHINA UNICOM (00762.HK) added 1.56% after Citi said its results were broadly in line. CHALCO (02600.HK) swelled 3.32% after UBS said quarterly results slightly beat. LENOVO GROUP (00992.HK) slipped 4.34%, making it the worst-performing blue chip, after Intel (INTC.US) plunged 23% in after-hours trading due to weakness in the PC market.

A senior US Navy officer reportedly briefed US President Donald Trump on plans to attack Iran, sending international oil prices up more than 1% this morning (30th). Hong Kong-listed oil majors led gains, with SINOPEC CORP (00386.HK) up 4.15% after reporting a 25.3% increase in net profit for 1-3Q. PETROCHINA (00857.HK) soared 3.71%, while CNOOC (00883.HK) hiked 1.33%.
~

AASTOCKS Financial News
Website: www.aastocks.com

上海2026年10月30日 /美通社/ -- 在2026年歐洲腫瘤內科學會（ESMO）年會上，三生製藥公布了SSGJ-707聯合化療一線治療晚期非小細胞肺癌（NSCLC）的中國II期臨床研究長期隨訪結果。持續放大的療效優勢，不僅顯示客觀緩解率（ORR）較去年SITC（癌症免疫治療學會）年會上首次披露的數據有顯著提升，而且在鱗狀和非鱗狀NSCLC中分別實現了13.6個月和13.8個月的優異中位無進展生存期（mPFS），為這款已授權給全球合作伙伴的中國自主研發雙特異性抗體再添關鍵臨床證據。

正文

更新後的壁報報告了tivunatamig（PF-08634404/SSGJ-707）聯合化療一線治療晚期NSCLC的中國II期臨床研究長期隨訪數據。試驗共納入261例患者，其中非鱗狀（nsq）NSCLC患者122例，鱗狀（sq）NSCLC患者139例。65歲以上患者佔比50%，80%患者有吸煙史，超過40%的患者PD-L1腫瘤細胞陽性比例分數（TPS）< 1%。 

在選定的10 mg/kg Q3W劑量下，tivunatamig聯合卡鉑+紫杉醇治療鱗狀NSCLC（sq-NSCLC）的確認客觀緩解率（cORR）為80.7%（對照組為67.7%），而tivunatamig聯合卡鉑+培美曲塞治療非鱗狀NSCLC（nsq-NSCLC）的cORR為77.5%（對照組為44.7%）。 

壁報披露了tivunatamig聯合化療的中位PFS數據，數據截止日期更新至2026年8月6日。鱗狀NSCLC中位PFS為13.6個月，對照組為8.3個月；非鱗狀NSCLC中位PFS為13.8個月，對照組為9.7個月。儘管尚無頭對頭比較，但SSGJ-707的mPFS數據是目前PD-1/VEGF雙特異性抗體中的最長中位無進展生存期。

此外，與截止日期為2月的摘要數據相比，隨訪周期拉長，整體PFS數據持續改善，tivunatamig展現出「隨訪越久，獲益優勢越穩固」的積極信號。這種隨訪時間拉長後療效持續向好的特徵具備重要積極意義：一方面，表明高緩解率並非短期評估下的一過性效應，緩解具備持續性；另一方面，治療組的獲益優勢沒有隨時間縮小，而是持續保持獲益。對於一項II期研究而言，這是支持後續確證性III期試驗的關鍵正向信號。 

此外，壁報中展示的ctDNA清除分析，是本次研究的另一項差異化亮點。在126例基線ctDNA可檢出且完成配對采樣的患者中，61.9%在C3D1（第3周期第1天，約9周）實現ctDNA清除。更新的隨訪數據顯示，ctDNA清除人群的中位PFS達到16.4個月，顯著長於未清除人群的9.6個月。 

與影像學觀察到的宏觀腫瘤病灶縮小不同，ctDNA清除指向微觀層面：血液中來自腫瘤細胞的DNA負荷已降至檢測限以下。ctDNA清除是藥物快速、深度殺傷腫瘤的分子信號，而ctDNA清除人群顯著延長的中位PFS也提示，ctDNA清除可作為治療獲益的早期預測生物標誌物。縱觀PD-1/VEGF雙抗領域，SSGJ-707聯合化療的獨特性在於早期即可觀察到ctDNA清除，以及該人群突出的mPFS優勢；這種早期分子深度緩解，暗含更優長期生存的可能性。

在安全性方面，tivunatamig聯合鉑類化療的≥3級治療相關不良事件（TRAE）發生率，與替雷利珠單抗對照組大體相當。自SITC數據披露至今，tivunatamig組沒有新增5級TRAE。 

綜合來看，對於PD-1/VEGF雙抗領域，這些長期數據的價值不止於亮眼的ORR和PFS結果。兼具可控的安全性和ctDNA轉化信號，讓tivunatamig在同類競爭產品中建立起差異化優勢，尚待III期研究進一步驗證。

應對肺癌未滿足的臨床需求，致力於成為IO 2.0基石療法

肺癌是全球疾病負擔最重的惡性腫瘤之一。根據GLOBOCAN 2022統計數據，全球每年新增肺癌病例約248萬例，其中中國新增病例超過106萬例，佔全球總數的40%以上；其中非小細胞肺癌（NSCLC）佔全部肺癌的85%。

龐大的患者群體，使晚期NSCLC一線治療成為國內外藥企爭相佈局的領域。長期以來，該領域面臨三大挑戰：現有免疫聯合療法的療效逼近天花板，肺鱗癌人群抗血管方案應用受限，多藥聯用模式操作繁瑣，這些都是行業持續攻堅的方向。正如摘要機制部分所述，該藥物通過增強對VEGF的抑制作用以及與PD-1的協同結合能力，可在腫瘤微環境中有效激活免疫反應，在確保安全性的前提下實現療效提升。PD-1/VEGF雙抗正是IO 2.0模式的重要組成部分。 

tivunatamig（PF-08634404/SSGJ-707）最新開發進展

tivunatamig（PF-08634404/SSGJ-707）由三生製藥自主研發。2025年，三生製藥授予輝瑞SSGJ-707的全球開發與商業化權利，潛在交易總額超過60億美元。其中14億美元首付款及1億美元股權合作，一舉刷新中國創新藥單筆出海授權交易的首付款紀錄。因此，SSGJ-707持續受到行業高度關注，被視作下一代腫瘤免疫療法中潛力突出的候選藥物。

自輝瑞接手該項目以來，tivunatamig（PF-08634404/SSGJ-707）的多項全球關鍵III期研究和適應症探索性I/II期研究目前正在進行中。根據該公司在近期行業會議上披露的信息，tivunatamig已注冊11項國際臨床試驗，並正在全球1,500多家醫療機構中接受評估。

這些長期隨訪數據的出爐，是中國創新藥全球化驗證進程中的重要一步。

一系列節點串聯起SSGJ-707的成長脈絡：監管端鎖定臨床價值、BD合作打通全球化通路、臨床端持續輸出療效證據、跨國藥企以高密度投入推進全球驗證。而本屆ESMO年會公布的長期隨訪數據，正是這條脈絡上最新的一環——PFS站上同類II期前列，為後續確證性III期研究留下了差異化空間。作為國產創新藥出海的標誌性項目，它的後續III期數據，不僅決定這款雙抗自身的商業化高度，也將為PD-1/VEGF雙抗賽道、國產創新藥全球開發提供重要參照。

Alphabet Inc. (GOOGL.US) reported results that broadly missed expectations, with the performance of its search business capturing the most attention.

Revenue from Search and Other businesses expanded 12% YoY to about USD63 billion, but missed market expectations for a second consecutive quarter. At the same time, Google said growth in search queries on its platform was the strongest in five years.

As more users shift toward AI chatbots and agent-based tools, including Google's own offerings, the gap between usage and revenue in Google's core search business is becoming increasingly difficult to ignore.

Since the early launch of ChatGPT, analysts have expected traditional search to be replaced by AI and have warned that Google needs to find new monetization methods. Although the search business remains massive in scale, the market has begun to see signs of transition.
~

AASTOCKS Financial News
Website: www.aastocks.com

NVIDIA Corporation (NVDA.US) plans to complete its USD1 billion investment in South Korean internet giant Naver next Friday (November 6), becoming the latter's third-largest shareholder, regulatory filings disclosed.

In July this year, Naver and NVIDIA had announced a strategic cooperation plan aimed at building large-scale global AI factories.

The capital injection comes after Naver had secured at least USD9 billion in funding for computing infrastructure investments.

Naver will determine the number of common shares to be subscribed by NVIDIA through a share placement next Tuesday (November 3).
~

AASTOCKS Financial News
Website: www.aastocks.com

US corporate earnings delivered mixed results. Disappointing quarterly results from Alphabet Inc. (GOOGL.US) dragged down the Nasdaq by 1.38% overnight (29th), while the DJIA lost 132 pts. The HSI opened this morning (30th) at 23,011, up 52 pts or 0.23%; the HSCEI opened at 7,779, up 23 pts or 0.31%; and the HSTECH opened at 3,720, down 23 pts or 0.63%.

Major heavyweight tech stocks broadly softened. TENCENT (00700.HK) dipped 0.32%; BABA-W (09988.HK) faded 0.68%; MEITUAN-W (03690.HK) sank 0.29%; while XIAOMI-W (01810.HK) bucked the trend and opened 1.56% higher.

Among blue chips, LENOVO GROUP (00992.HK) opened 6.96% lower after weak PC market conditions triggered a 23% plunge in Intel (INTC.US) in after-hours trading. NEW ORIENTAL-S (09901.HK), which tumbled 14% yesterday, opened up 3.92% this morning. AIA (01299.HK) rose 1.26% despite a 5% YoY decline in 3Q VONB. BYD COMPANY (01211.HK) shed 1.02% after 3Q net profit grew 28%. CHINA UNICOM (00762.HK) gained 0.49% even as profit for 1-3Q lowered 33.6% YoY.

On individual stocks, EVERG SERVICES (06666.HK) resumed trading this morning and opened 11.39% lower after PAG proposed a general offer at nearly a 30% discount. MIDEA GROUP (00300.HK) opened 3.9% higher after 3Q profit elevated 26%.
~

AASTOCKS Financial News
Website: www.aastocks.com

Amazon.com, Inc. (AMZN.US) shares plummeted 7.3% in after-hours trading to USD225.99 after the company's third-quarter revenue gained 12% YoY to USD201.9 billion and EPS reached USD1.89, both missing market expectations.

Amazon.com forecast fourth-quarter total revenue of USD240-247 billion, versus market expectations of USD244.2 billion. CEO Andy Jassy said he remains upbeat about the long-term outlook for cloud business AWS. AWS backlog orders increased to USD578 billion, and AWS revenue is projected to grow 40% in each of the next two years, with potential to become a USD1 trillion revenue business within the next 5-10 years.
~

AASTOCKS Financial News
Website: www.aastocks.com