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

Intel Corporation (INTC.US) reported 3Q revenue growing 21% YoY to USD16.5 billion, while non-GAAP EPS was USD0.25, below market expectations of USD0.43. The company forecast 4Q sales of USD15-16 billion, lower than the consensus of USD17 billion, dented by feeble demand for PC processors and supply chain issues affecting data center components. The news sent the stock lower by 23% in after-hours trading to USD70.89.

During the quarter, revenue from Intel's data center and AI division swelled 78% YoY to USD7.3 billion. Sales from the client computing division, which manufactures chips for PCs, sagged 5% to USD8.1 billion, while foundry division revenue climbed 58% YoY to USD6.7 billion.

Intel CEO Lip-Bu Tan said one of the key challenges facing the PC market is the upsurge in chip prices, and he expects conditions to remain very challenging next year. He believes the PC market will sink 12% this year and contract a further 10% next year. However, over the long term, the company remains optimistic about demand for its products and is increasing investment in new equipment to boost capacity, with growing confidence in attracting orders from other chipmakers.
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AASTOCKS Financial News
Website: www.aastocks.com

PALO ALTO, Calif., Oct. 29, 2026 /PRNewswire/ -- Hesai Group (Nasdaq: HSAI; HKEX: 2525) ("Hesai" or the "Company"), a Physical AI infrastructure company, today announced that Yole Group has ranked it the world's leading robotaxi lidar supplier in its Robotaxi 2026 report. Hesai held a 62% share of the global robotaxi lidar market in 2025, more than all other suppliers combined. The finding reinforces Hesai's leading position in a market that is entering a new phase, as robotaxi programs expand toward larger-scale fleet operations. Yole Group's previous report put Hesai's robotaxi lidar market share at 61%.

According to the Yole report, Hesai's lidar has been selected for leading Level 4 robotaxis and autonomous vehicles programs worldwide, including Baidu Apollo Go, Pony.ai, WeRide, DiDi, Motional, Aurora and KargoBot. The breadth of these deployments reflects the growing adoption of lidar across multiple robotaxi platforms and operating environments, rather than reliance on a single customer or program.

This year's report examines robotaxis and their enabling technologies in a dedicated study. Yole Group projects that the global robotaxi fleet will grow from approximately 10,000 vehicles in 2025 to 331,000 in 2031. As operators expand their fleets, they will need lidar that delivers precise perception in complex environments, consistent automotive-grade quality and reliable supply at scale.

"We are proud to be named the Robotaxi lidar leader in Yole Group's Robotaxi 2026 report," said Dr. Yifan "David" Li, Hesai's Co-Founder and CEO. "Robotaxis are moving into an important next phase, with operators increasingly focused on scaling deployment and delivering reliable autonomous mobility in real-world environments, and that raises the bar for every component on the vehicle. Operators need perception they can rely on across more vehicles, more roads and more hours of operation. Our continued market leadership reflects the trust we have earned through years of close collaboration with robotaxi developers, and our ability to deliver at scale."

As the robotaxi market expands, Hesai is also advancing its next-generation lidar platform for the next phase of autonomous driving. At the center of this effort is an upgraded ETX, Hesai's flagship lidar platform for Level 3 and higher autonomous driving. Powered by Hesai's proprietary Picasso SPAD-SoC, the next-generation ETX combines RGB sensing and time-of-flight ranging at the chip level, enabling it to capture both the geometry and color of its surroundings in a precisely aligned point cloud. With configurations of up to 4,320 channels and a maximum detection range of up to 600 meters, ETX is designed to give systems a more detailed view of distant objects and complex driving scenes. The Picasso-equipped ETX is undergoing customer validation and has progressed to RFI and RFQ discussions with leading robotaxi operators and global automakers, providing a pathway toward the next generation of high-performance perception systems.

Hesai is also scaling its manufacturing capabilities to support the anticipated growth in autonomous mobility. As of June 2026, the Company's cumulative lidar deliveries had surpassed 3.5 million units. Hesai is advancing construction of a new manufacturing facility in Bangkok, Thailand, expected to commence production in 2027, while its highly automated in-house production lines — with 100% automation across core processes — now roll out one lidar unit every 8 seconds. Together with its next-generation product development, these manufacturing investments position Hesai to support automakers and autonomous-vehicle customers as their programs move toward larger deployments.

About Hesai

Hesai Technology (Nasdaq: HSAI; HKEX: 2525) is a Physical AI infrastructure company. With a product portfolio spanning lidar, Kosmo spatial intelligence platform, and robotic actuation modules, Hesai is the only company in the industry covering the full robotics chain of "see, understand, and act" while achieving commercialization at scale. Leveraging full-stack proprietary ASIC capabilities and an integrated R&D-manufacturing approach, Hesai has established industry-leading positions across core physical AI domains, including autonomous mobility, spatial intelligence, embodied AI, and commercial robots, and holds a leading share of the global lidar market. Hesai has established offices in Shanghai, Palo Alto, and Stuttgart, and operates in-house factories in China and Thailand, with customers spanning more than 40 countries.

About Yole Group

Yole Group is a leading international market research and strategy consulting firm, delivering in-depth analyses across market trends, technology developments, teardowns, and reverse costing. Leveraging deep semiconductor expertise, its team of analysts also provides custom consulting services, offering strategic, technical, and market insights tailored to address specific business challenges and opportunities. More information on yolegroup.com.

Weaving New Connections
Empowering Smart Journeys

HONG KONG, Oct. 29, 2026 /PRNewswire/ -- COSCO SHIPPING Ports Limited ("COSCO SHIPPING Ports" or "CSP" or the "Company", SEHK: 1199), the world's leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the "Group") for the 3 months and 9 months ended 30 September 2026.

2026 Third Quarter Results Highlights

• Total throughput increased by 8.4% YoY to 42,266,553 TEU
• Equity throughput increased by 8.1% YoY to 12,884,563 TEU
• Revenue of the Company increased by 13.0% YoY to US$484,325,000
• Profit attributable to equity holders of the Company increased by 0.1% YoY to US$82,589,000

2026 9 Months Results Highlights

• Total throughput increased by 8.1% YoY to 122,423,600 TEU
• Equity throughput increased by 7.4% YoY to 37,376,571 TEU
• Revenue of the Company increased by 12.6% YoY to US$1,389,669,000
• Profit attributable to equity holders of the Company increased by 19.7% YoY to US$316,261,000

FINANCIAL REVIEW
COSCO SHIPPING Ports continued to achieve steady improvements in operational quality and efficiency and leveraged an efficient and tightly-knit port and shipping network to lay a solid foundation for the sustainable development of its businesses. In the third quarter of 2026, revenue increased by 13.0% YoY to US$484.3 million while gross profit increased by 19.3% YoY to US$128.1 million, recording an increase in growth rate. The revenue for the first nine months increased by 12.6% YoY to US$1,389.7 million, gross profit increased by 12.6% YoY to US$367.6 million, and the profit attributable to equity holders of the Company increased by 19.7% YoY to US$316.3 million.

OPERATIONAL REVIEW

China
For the three months ended 30 September 2026, total throughput of the terminals in China increased by 4.9% YoY to 30,944,536 TEU (3Q2025: 29,502,970 TEU) and accounted for 73.2% of the Group's total throughput. Total equity throughput of terminals in China increased by 4.9% YoY to 8,836,915 TEU (3Q2025: 8,422,090 TEU), accounting for 68.6% of the Group's total equity throughput.

Bohai Rim
For the three months ended 30 September 2026, total throughput of the Bohai Rim region increased by 4.3% YoY to 14,119,086 TEU (3Q2025: 13,542,749 TEU) and accounted for 33.4% of the Group's total. Total equity throughput of the Bohai Rim region increased by 3.5% YoY to 3,596,452 TEU (3Q2025: 3,475,303 TEU) and accounted for 27.9% of the Group's total equity throughput. Driven by the increasing investment demand in artificial intelligence, exports of high-tech products recorded steady growth, contributing a 6.7% YoY increase in the total throughput of Dalian Container Terminal Co., Ltd. to 1,460,461 TEU (3Q2025: 1,368,930 TEU).

Yangtze River Delta
For the three months ended 30 September 2026, total throughput of the Yangtze River Delta region decreased by 0.3% YoY to 4,337,745 TEU (3Q2025: 4,351,648 TEU) and accounted for 10.3% of the Group's total. Total equity throughput of the Yangtze River Delta region increased by 1.6% YoY to 1,267,657 TEU (3Q2025: 1,247,595 TEU) and accounted for 9.8% of the Group's total equity throughput.  Wuhan CSP Terminal Co., Ltd. ("CSP Wuhan Terminal") has continued to consolidate its hub position and build a denser shipping route network. It has also continuously strengthened its port-railway cargo sourcing competitiveness, driving a 17.0% YoY increase in total throughput to 87,112 TEU (3Q2025: 74,429 TEU).

Southeast Coast and Others
For the three months ended 30 September 2026, total throughput of the Southeast Coast and Others region increased by 7.6% YoY to 1,514,882 TEU (3Q2025: 1,407,977 TEU) and accounted for 3.6% of the Group's total throughput. Total equity throughput of Southeast Coast and Others region increased by 7.7% YoY to 1,179,290 TEU (3Q2025: 1,095,296 TEU) and accounted for 9.2% of the Group's total equity throughput. Xiamen Ocean Gate Container Terminal Co., Ltd. launched several new foreign trade routes within the year, driving a 7.8% YoY increase in total throughput to 753,836 TEU (3Q2025: 699,553 TEU). 

Pearl River Delta
For the three months ended 30 September 2026, total throughput of the Pearl River Delta region increased by 7.6% to 8,300,352 TEU (3Q2025: 7,710,996 TEU) and accounted for 19.6% of the Group's total throughput. Total equity throughput of the Pearl River Delta region increased by 7.1% YoY to 2,225,574 TEU (3Q2025: 2,077,750 TEU) and accounted for 17.3% of the Group's total equity throughput. Leveraging two-way trade with emerging markets such as Southeast Asia, Guangzhou South China Oceangate Container Terminal Company Limited recorded significant growth in both intra-Asia and Africa-bound routes, driving a 13.6% YoY increase in total throughput to 1,670,028 TEU (3Q2025: 1,470,426 TEU).

Southwest Coast
For the three months ended 30 September 2026, total throughput of the Southwest Coast region increased by 7.3% YoY to 2,672,471 TEU (3Q2025: 2,489,600 TEU), accounting for 6.3% of the Group's total throughput. Total equity throughput of the Southwest Coast region increased by 7.9% YoY to 567,942 TEU (3Q2025: 526,146 TEU) and accounted for 4.4% of the Group's total equity throughput. Beibu Gulf Port Co., Ltd. has accelerated the development of the Beibu Gulf International Gateway Port and International Hub Port, driving a YoY increase in Southwest Coast region.

Overseas
For the three months ended 30 September 2026, total throughput in overseas terminals increased by 19.4% YoY to 11,322,017 TEU (3Q2025: 9,478,574 TEU) and accounted for 26.8% of the Group's total. Total equity throughput of overseas region increased by 15.6% YoY to 4,047,648 TEU (3Q2025: 3,499,958 TEU) and accounted for 31.4% of the Group's total equity throughput. Benefiting from growing demand in the Mediterranean region, Piraeus Container Terminal Single Member S.A. ("Piraeus Terminal") achieved a 11.4% YoY increase in total throughput to 1,090,284 TEU (3Q2025: 978,711 TEU). COSCO SHIPPING Ports Chancay PERU S.A. ("CSP Chancay Terminal") made full efforts to improve its route network and actively build international logistics corridors, completing the "three mainlines and five feeders" route layout, further enhancing regional connectivity and driving a 24.9% YoY increase in total throughput to 139,669 TEU (3Q2025: 111,862 TEU).

PROSPECTS
Since the beginning of 2026, the global economic and trade landscape has continued to undergo deep adjustments, with geopolitical tensions, changes in trade policies and supply chain cost pressures intertwined. Against this backdrop, COSCO SHIPPING Ports has continued to strengthen the resilience of its global network, actively respond to the spillover effects of the Middle East situation and the challenges brought by shipping alliance restructuring, and fully leverage its synergies with COSCO SHIPPING Group and the Ocean Alliance. In the third quarter, leveraging its global layout and prudent operations, the Company sustained YoY growth in both total throughput and profit attributable to equity holders, while operating quality and efficiency improved steadily.

Recently, benefiting from supply chain adjustments and strong investment in artificial intelligence, both the International Monetary Fund (IMF) and the World Trade Organization (WTO) have upwardly revised their forecasts for global economic growth and global goods trade growth, with growth expected to continue in 2027. According to statistics from the General Administration of Customs of China, in the first three quarters of this year, the total value of goods imports and exports reached RMB39.94 trillion, representing a YoY increase of 18.8%. Of this, exports amounted to RMB23.2 trillion, a YoY increase of 16.4%, and imports totaled RMB16.74 trillion, a YoY increase of 22.3%. Market diversification continued to expand, with significant growth in imports and exports with free trade partners. The export structure continued to improve toward new and higher-quality products, with rapid growth in exports of high-tech products and green products. Looking ahead, although global economic and trade conditions still face considerable uncertainty, and the trajectory of the Middle East situation, energy price volatility, supply chain cost pressures and changes in trade policies will continue to affect the shipping market, the growth forecasts for the global economy and goods trade, as well as the strong momentum demonstrated by China's foreign trade in terms of market diversification and export structure upgrading, bring positive opportunities to the port industry.

In the face of opportunities and challenges, the Company will actively respond with a focus on the following three aspects. First, continuously optimize its global resource layout. We will seize opportunities in emerging markets and regional cooperation, enhance the service capabilities and risk resistance of key node ports, optimize trunk and feeder network connectivity, seek controlling stakes in strategic hub ports, and take equity stakes in key gateway ports at appropriate times, so as to build an efficient and collaborative global terminal system. At the same time, we will capture the opportunities brought by the recovery of the Suez Canal and strengthen service support and cargo sourcing capabilities at hub ports along the route. Second, deepen lean operations and synergies. We will strengthen the operational capabilities of hub ports such as CSP Wuhan Terminal, Piraeus Terminal, CSP Abu Dhabi Terminal and CSP Chancay Terminal, closely monitor the Middle East situation, and improve contingency plans and multi-route logistics corridors. We will adopt customer demand-oriented precision marketing, attract new shipping routes and extra vessel calls, deepen business linkages with the Group's internal fleet, promote revenue growth and cost reduction, and use digital empowerment to improve terminal operating efficiency. Third, accelerate innovation-driven development. Focusing on the two main lines of "digital intelligence" and "green and low-carbon", we will advance full-process automation of terminal operations and the application of artificial intelligence, expand the use of clean energy, participate in the construction of green fuel supply chains, cultivate new quality productive forces in the port and shipping industry, build new momentum for sustainable development, and create long-term stable returns for shareholders.

About COSCO SHIPPING Ports (https://ports.coscoshipping.com)

COSCO SHIPPING Ports Limited (Stock Code: 1199) is a leading ports logistics service provider in the world and its terminals portfolio covers the five main port regions and the middle and lower reaches of the Yangtze River in China, Europe, the Mediterranean, the Middle East, Southeast Asia, South America and Africa, etc. As at 30 September 2026, COSCO SHIPPING Ports operated and managed 395 berths at 40 ports globally, of which 245 were for containers.

Building on the brand philosophy of "The Ports for ALL", COSCO SHIPPING Ports has established its corporate mission of "Connecting Different Worlds" and is committed to maintaining a customer-centric approach to continuously improve the service and capacity of its global network and enhance the strategic positioning of key node ports and optimise logistics resource distribution. Leveraging ports as a conduit to connect global shipping services and serve global trade, the Company is dedicated to establishing a platform for mutual benefits and shared successes for all stakeholders involved with a vision of becoming "the leading global port logistics service provider with a customer-oriented focus".

Please visit the Company's website（https://ports.coscoshipping.com）and the designated website of Hong Kong Exchanges and Clearing Limited（https://www.hkexnews.hk）for 2026 Third Quarter Results Announcement.

• XtalPi joins industry and technology partners to support MARVEL-AI's mission to connect materials discovery with industrial deployment.
• The collaboration combines XtalPi's AI and laboratory automation capabilities with A*STAR's expertise in materials science, validation, and industrial translation.

SINGAPORE, Oct. 29, 2026 /PRNewswire/ -- XtalPi Holdings Limited ("XtalPi," HKEX: 2228), an AI- and robotics-driven drug and materials discovery company, today announced its collaboration with the Materials Accelerator for Research, Venture & Enterprise Launchpad (MARVEL-AI). Led by Singapore's Agency for Science, Technology and Research (A*STAR), the initiative is supported by Singapore's Ministry of Energy, Trade and Industry, Enterprise Singapore, Economic Development Board and National Research Foundation.

XtalPi joins a select group of companies signing strategic agreements at the Singapore Week of Innovation and Technology (SWITCH) 2026, which brings together startups, enterprises, investors, researchers, technology leaders and policymakers from Singapore and around the world to showcase emerging technologies and catalyse new innovation partnerships. In partnership with Enterprise Singapore, XtalPi's inaugural participation in SWITCH marks an important step towards deepening its engagements with Singapore's advanced materials ecosystem.

Anchored by the A*STAR Institute of Materials Research and Engineering (A*STAR IMRE), MARVEL-AI aims to accelerate materials innovation from discovery to industrial deployment. By integrating cross-disciplinary expertise, the initiative addresses lifecycle challenges across key classes like metal alloys, polymers, ceramics, and composites, providing a streamlined foundation to translate discovery into manufacturing process development and industrial use for sectors like semiconductors, energy, and advanced chemicals.

As a pioneer in applying scientific AI, agentic AI, and automation to new materials discovery, XtalPi builds on a strong foundation of collaboration with A*STAR. Since 2022, XtalPi has partnered with the Experimental Drug Development Centre (EDDC), Singapore's national drug discovery platform hosted by A*STAR, to advance targeted oncology therapies and automated synthesis. Today's agreement broadens this engagement into the advanced materials sector. XtalPi will contribute its core expertise in integrating computational predictions, agentic AI workflows, robotic experimentation, and experimental feedback to drive the goals of MARVEL-AI.

The expanded collaboration will encompass customized laboratory automation, joint research facilities, computational and experimental materials discovery, and strategic talent exchange to accelerate commercial translation. Combining XtalPi's ability to couple computational design and agentic AI with physical experiments and A*STAR's expertise in materials science and industrial translation allows researchers to incorporate practical development requirements earlier in the discovery phase. This intelligent feedback loop ensures that subsequent iterations are firmly guided by experimental evidence, placing XtalPi's technological engine at the center of accelerated materials translation.

Professor Loh Xian Jun, Executive Director of MARVEL-AI, said, "AI is creating unprecedented opportunities for materials discovery, but discovery alone is not enough. The next challenge is proving they can work in the real world. MARVEL-AI builds on Singapore's established strengths in materials science and connects them with AI, automated experimentation, manufacturing and industrial translation. This will help bridge the gap between discovery and deployment, enabling companies to evaluate whether promising materials can be validated, manufactured and applied in real-world settings."

"Materials science is rapidly emerging as a defining frontier for AI-driven discovery, where progress hinges on coupling high-value hypotheses with systematic validation," said Dr. Peiyu Zhang, Chief Scientific Officer at XtalPi. "We look forward to partnering with A*STAR to architect MARVEL-AI into the platform that seamlessly bridges these stages using AI and robotics. By introducing scalable engineering into the R&D loop, we aim to accelerate the development of next-generation materials for energy, sustainability, and advanced manufacturing—a shared mission that directly advances our vision of building the global infrastructure for scientific innovation."

XtalPi has long viewed Singapore as a critical hub for innovation, anchoring key collaborations across AI-enabled research and automation. Participation in MARVEL-AI extends this engagement into advanced materials and reinforces XtalPi's vision of serving as a global infrastructure for scientific innovation. By architecting computational and experimental capabilities that researchers can reuse and adapt, the collaboration establishes a scalable framework for moving successive materials discoveries from the laboratory directly to industrial application.

About XtalPi

XtalPi Holdings Limited (XtalPi, 2228.HK) was founded in 2015 by three physicists from the Massachusetts Institute of Technology (MIT). It is an innovative R&D platform powered by quantum physics, artificial intelligence, and robotics. By integrating first-principles calculations, AI algorithms, high-performance cloud computing, and standardized automation systems, XtalPi provides digital and intelligent R&D solutions for companies in the pharmaceutical, materials science, agricultural technology, energy, new chemicals, and cosmetics industries.

Shares of Google parent Alphabet Inc. (GOOGL.US) plunged in pre-market trading on Thursday (29th), while Microsoft Corporation (MSFT.US) elevated, as investors focused on spending and free cash flow data in the two tech giants' 3Q results.

Alphabet plunged about 10% in pre-market trading, while Microsoft rallied nearly 4% before the open.

If Alphabet closes down more than 9.77% on Thursday, it would mark its worst post-results share price reaction since its 2004 listing.

Microsoft reported capex and finance leases of USD45.2 billion for 3Q, up 30% YoY, but below analysts' forecast of USD50.67 billion. Free cash flow slid 27% to USD18.63 billion, but remained positive.

Meanwhile, Alphabet recorded negative free cash flow of USD9.07 billion in 3Q, far worse than analysts' expectation of negative USD2.7 billion. Alphabet maintained its full-year capex guidance of USD195-205 billion.

The market is scrutinizing AI spending plans of tech companies and focusing on returns from related investments.
~

AASTOCKS Financial News
Website: www.aastocks.com

香港2026年10月29日 /美通社/ -- 復星財富國際控股有限公司（簡稱「復星財富」）宣佈，位於銅鑼灣利園山道21號的財富中心正式開幕，這是復星財富在香港開設的第8家線下門店，進一步拓展復星財富的實體服務網絡，將投資與理財服務帶到市民日常生活圈，為客戶提供更便捷的面對面交流渠道。此前復星財富門店已遍佈旺角、尖沙咀、上水、星光大道、西九龍等多個地區。

銅鑼灣門店的設立，是復星財富發展香港市場的重要一步。透過實體服務據點，客戶可進一步了解投資產品的特性及風險、熟悉平台操作，並就服務安排作出查詢。復星財富亦期望藉此更直接地了解客戶的投資習慣與財富管理需求，為持續完善產品及服務提供依據。

當日，銅鑼灣財富中心開幕典禮以簡約而隆重的形式舉行，並安排舞獅表演，為門店正式投入服務揭開序幕。

多元投資及理財產品，回應不同階段的財富需求

復星財富以線上線下相結合的方式，積極為香港市民提供綜合財富管理服務。其線上財富管理平台——星財富App提供涵蓋股票、基金、債券及結構性產品的多元投資與理財選擇，回應投資者在財富累積、流動資金管理、資產配置及收入安排等不同階段的需求。客戶可按自身財務狀況、投資目標、投資年期及風險承受能力，評估不同產品的適用性，規劃相應的投資安排。

在股票投資方面，星財富App提供港美股及滬深港通下的北向股票交易服務，並設有美股碎股交易及定期投資功能，讓客戶按資金安排分階段參與市場。基金產品涵蓋股票型、債券型、混合型及貨幣市場基金；「現金通」則透過貨幣市場基金相關功能，為客戶提供閒置資金管理選擇。平台亦提供政府債券、企業債券等固定收益產品，以及不同類型的結構性產品。

AI支援資訊整合與投資研究，提升客戶分析效率

星財富App持續發展AI能力，將人工智能應用於市場資訊、投資研究及客戶服務，協助客戶減省搜尋、整理及比對資料的時間，更有效地掌握影響投資判斷的關鍵資訊。

透過AI智能助手StarAI，客戶可使用日常語言提出投資研究需求，並透過多輪追問逐步釐清分析重點。AI個股分析則整合行情、財報、事件及估值等資訊，配合財報解讀、基金持倉分析及風險解讀，協助客戶了解企業表現、辨識持倉風險，為比較投資選擇及檢視資產配置提供資訊參考。

在資訊方面，星財富App運用AI製作及整合市場內容，涵蓋特朗普政策動向、ARK旗下基金持倉調整、每日收市榜單及股價異動圖文，便利用戶追蹤政策事件、機構持倉變化及市場走勢。相關資訊與分析工具相互配合，讓客戶由了解市場動態，進一步展開個股及產品研究。

結合新股分析與線上線下服務，完善投資資訊支援

隨着香港新股市場交投活躍，投資者對新股研究及申購資訊的需求亦日益增加。星財富App結合AI新股分析、中籤率相關資訊及多維度評估，協助客戶梳理發行企業的業務、財務表現及估值，並了解申購安排與獲配機會，減省資料搜集時間，為評估申購選擇及資金安排提供參考。

星財富App同時提供全天候AI智能客服，讓客戶便捷地查詢平台操作及服務資訊，並結合線下門店的面對面交流，為客戶提供更連貫的線上與線下服務體驗。

復星財富將以銅鑼灣門店開幕為契機，結合多元產品、一站式財富管理平台及實體服務，逐步拓展與客戶的聯繫，並持續完善投資及理財服務，回應不同階段的財富管理需求。

關於復星財富

復星財富國際控股有限公司（簡稱「復星財富」）是復星國際（股票代號：656.HK）在香港全資控股的AI驅動全球一站式Web5（Web2+Web3）財富管理平台，為客戶提供高質量並獨具優勢的金融產品及服務。復星財富資本實力雄厚，旗下子公司持有香港證監會頒發的1、2、4、6、9號牌照以及香港保監局的保險經紀牌照，子公司復星國際證券有限公司是香港首批獲得虛擬資產交易服務牌照的券商之一。復星財富已推出星財富App、星路科技、FinChain星鏈、復星財富IFA等多個行業領先品牌。更多詳情，請瀏覽：www.fosunwealth.com 

Meitu, Inc.（Stock Code: 1357.HK）2026 Investor Day Highlights Focused AI Innovation and Global "Scale-Up"

HONG KONG, Oct. 29, 2026 /PRNewswire/ -- Meitu, Inc. (collectively, "Meitu" or "Company" and stock code: 1357.HK), a global leading provider of AI-powered photo, video, design and productivity solutions, held its 2026 Investor Day on October 26. Mr. Xinhong Wu, Founder, Chairman and CEO, appeared together with management including Mr. Gary Ngan, CFO and Company Secretary, and Mr. Jianyi Chen, CPO and President of the Imaging Products Division. They gave investors and analysts worldwide a comprehensive update on the Company's latest strategic direction in the generative AI era, its product progress, the restructured commercialisation framework and its global expansion results.

Paying Subscribers and Core Revenue Both Grew, Reaching a Four-Quarter High

As of September 2026, Meitu's global paying subscribers reached 19.83 million, with 1.39 million added in the quarter, representing the largest quarterly net increase in the past four quarters.

Paying subscribers of Applications for Productivity grew 18.3% year-on-year to 2.39 million. Annual Recurring Revenue ("ARR") for AI-driven Productivity Applications reached RMB655 million, up a strong 40.1% year-on-year.

Meitu's business performance in the third quarter of 2026 showed that revenue (unaudited) from its core photo, video and design products reached RMB1.0 billion, up 28.2% year-on-year. This reflects its strong monetisation capability and the resilience of its subscription model in generating revenue.

Strategic Focus on Validated Products, Launching a Sustained "Scale-Up" Phase

Management announced that the Company's exploration of AI innovation has entered a new stage. It will gradually narrow its exploratory scope and prioritize resource allocation to a group of core products that have validated product-market fit ("PMF"). Mr. Xinhong Wu noted that this closely resembles Meitu's experience in the early days of the mobile internet: after many experiments, the Company confirmed a clear direction and then committed to scaling it up with resources over the long term.

Among the Company's innovative products, Picchi's latest Net Billings ARR is close to US$1.4 million. MVLAND's Net Billings ARR is close to US$0.85 million, and its application is planned to launch this December. When an innovative project's ARR reaches the milestones of US$2 million and US$5 million, the Company will unlock additional strategic resources for it.

Drawing on the Fashion Consumer Goods Playbook: Features as Products

In overseas markets, consumers are long accustomed to paying for quality software subscriptions. Given the high computing costs in the AI era, Meitu will increasingly model on the commercial strategies of fashion consumer goods, treating "features as products" and making paying subscribers its core target group.

Mr. Gary Ngan, CFO, emphasised that Meitu has more new businesses that monetise through AI credits consumption, which offer greater ARPPU elasticity than traditional products. The Company is more focused on real growth in overall product revenue and net profit than on gross margin, which is merely an intermediate indicator.

Productivity Business Accelerates Overseas Expansion and Shifts Toward End-to-End Marketing Solutions

In its global strategy, Meitu now designs products for the global market right from the initial research and project inception phase.

Mr. Xinhong Wu explained that Meitu places great importance on overseas markets. Its globalisation strategy has successfully moved beyond the first stage of "language-based regions" to add "cultural regions" (for example, the Latin American cultural region represented by Brazil and Mexico), making its global operations more refined and professional. Beyond establishing local operations teams, Meitu has also built local effects design teams to understand and meet the distinct aesthetic preferences of local users. Both Kaipai, aimed at Mainland China, and Vmake Labs, aimed at international markets, delivered impressive results, with ARR for each growing by more than 100% year-on-year as of September 2026.

In addition, Mr. Jianyi Chen, CPO, said that Meitu is moving from offering productivity tools to offering complete marketing solutions. In the past, Meitu provided productivity tools, and users handled content creation and subsequent promotion themselves. With the development of AI Agent capabilities, Meitu has begun to cover the full chain from marketing planning and content production to content distribution and performance optimisation.

Mr. Jianyi Chen believes Meitu's future business model may increasingly resemble that of an AI-driven marketing services company. "Customers are no longer just purchasing a set of creation tools, but marketing outcomes that help them increase sales."

About Meitu Inc.

Founded in 2008, Meitu is an AI-driven technology company that regards "beauty" as its core ideal. Guided by our mission to "Uniting Art and Technology", Meitu is committed to creating world-class imaging products that simplify the creation of images, videos, designs, and other visual content. Meitu was listed in 2016 on the Hong Kong Stock Exchange (stock code 1357.HK). For further information, please visit: https://www.meitu.com/en.

香港2026年10月29日 /美通社/ -- 全球領先的AI影像、設計與生產力解決方案提供商美图公司（1357.HK）於10月26日隆重舉辦2026年投資者日活動。創始人、董事長兼首席執行官吳欣鸿攜手首席財務官兼公司秘书顏勁良（Gary）、首席產品官兼影像產品事業群总裁陳劍毅等管理層團隊亮相，向全球投資人與分析師全面披露了公司在生成式AI時代的最新戰略佈局、產品進展、商業化底層邏輯重構與全球化拓展成果。

付費用戶與主營收入雙增，創過去四個季度新高

截至2026年9月，美图全球付費訂閱用戶數達到1,983萬，單季度淨增約139萬，創下過去四個季度以來的新高。

其中，來自生產力應用的付費訂閱用戶數同比增長18.3%至239萬，AI生產力應用ARR達到6.55億元，同比強勁增長40.1%。

美图公司2026年第三季度業務狀況顯示，核心主營業務影像與設計產品收入達10億元，同比增長28.2%，充分印證其強勁的變現能力與訂閱模式造血韌性。

戰略聚焦已驗證產品，開啟持續「放大」期

美图公司管理層宣佈公司AI創新探索進入全新階段，將逐步收斂探索方向，將優質資源高度傾斜在一批已驗證產品市場契合度（PMF）的核心產品上。CEO吳欣鸿指出，這與美图在移動互聯網早期的經歷高度相似——經歷大量嘗試後驗證明確方向，隨後長期做資源「放大」。

目前，創新產品中Picchi最新淨流水ARR已接近140萬美元；MVLAND淨流水ARR接近85萬美元，並計劃於今年12月上線App。當創新項目ARR達到200萬及500萬美元里程碑時，公司將解鎖更多戰略資源。

参考「時尚消費品」商業策略：功能即商品

在海外市場，廣大消費者早已習慣為優質軟件訂閱付費。基於AI時代高昂的算力成本，美图後續將更多參考時尚消費品的商業策略——「功能即商品」，以獲取付費用戶為核心目標人群。

CFO顏勁良（Gary）強調，美图擁有更多基於AI算力消費變現的新業務，相比傳統產品具有更高的ARPPU彈性，公司更關注整體產品收入和純利的實質增長，而非單純的毛利率過程性指標。

生產力業務加速出海，轉向全鏈路營銷解決方案

在全球化佈局上，美图已轉變為從研討立項階段即面向全球市場。

吳欣鸿介紹，美图高度重視海外市場，全球化戰略已從第一階段的「語言分區」，成功疊加了「文化分區」（例如以巴西、墨西哥為代表的拉美文化分區），使全球化運營變得更加細致與專業。除了建立本地化運營團隊外，美图還重點組建了本地效果設計團隊，以深刻理解並契合當地用戶的獨特審美觀。面向中國市場的「开拍」與面向海外市場的「Vmake Labs」均交出了亮眼成績單，兩者截至2026年9月的ARR均同比增長超過100%。

此外，CPO陳劍毅提出，美图正從提供生産力工具，走向提供完整的營銷解决方案：過去，美图提供生産力工具，由用戶自己完成內容製作和後續推廣。隨着AI Agent能力的發展，美图開始嘗試覆蓋從營銷策劃、內容生産到內容發行、效果優化的完整鏈路。

陳劍毅認為，美图未來的業務形態可能會越來越接近一家AI驅動的營銷服務公司。「客戶購買的不再只是一套創作工具，更是能幫助他們提升銷量的營銷結果。」。

MELBOURNE, Australia, Oct. 29, 2026 /PRNewswire/ -- Contemporary Amperex Technology Co., Limited (CATL) today unveiled TENER+ in a global launch at All Energy Australia 2026, where it also showcased TENER Sodium. The company signed memorandums of understanding (MoU) with Hitachi Energy, EPEC Group and UNSW Sydney to strengthen the delivery and grid connection of utility-scale battery projects in Australia.

TENER: Engineered for long-term performance and Australia's demanding grid connection requirements

CATL's TENER+ and TENER Sodium energy storage systems are designed to deliver the reliability and long-term performance Australian utility-scale energy projects need. Engineered for harsh weather conditions, they are designed to support compliance with Australia's demanding grid connection requirements and give project financiers confidence in the reliability and long-term performance that underpin battery revenues.

TENER+ is a 9MWh ultra-high capacity energy storage system that helps developers to achieve a longer-term project value and to maximise the storage capacity of their project, TENER+ reduces the number of containers needed by up to 40% and the project footprint by 12%, making this ideal for projects that are facing land constraints. Its intelligent thermal management system supports a higher round-trip efficiency and lower auxiliary power consumption. Multiple TENER+ batteries can be simultaneously commissioned with a single click to streamline project deployment.

Designed for a 25-year lifespan, TENER+ features liquid cooling and protection for humid and coastal environments. Noise levels remain below 65 dBA at 1 metre. Its "no heat island" top-exhaust design directs hot air vertically upwards, away from adjacent units. This prevents  horizontal heat discharge and minimises thermal impact on neighbouring PCS units, allowing them to operate at full rated power even in extreme summer conditions.

TENER Sodium is the world's first mass-produced, field-validated sodium-ion battery energy storage system. It delivers more than 30MWh through its modular cabinet architecture. Built for Australia's heat, it operates in temperatures of up to 55°C and delivers more than 10,000 cycles at 45°C. It delivers 95% round-trip efficiency with an operating lifespan of more than 20 years.

Together, these energy storage systems give developers and asset owners a choice of lithium-ion and sodium-ion chemistries. Sodium is far more abundant and geographically widespread than lithium and it delivers an additional pathway for battery supply chains.

"A battery's value is measured over the entire lifespan of a project and not just on the day it's commissioned," said Zane Zhou, General Manager of CATL Australia and New Zealand.

"Developers need confidence that their batteries can handle the expected cycling to trade in the National Electricity Market and to perform throughout the lifespan of batteries installed in a utility-scale project. That is what TENER+ and TENER Sodium are designed to deliver. We're offering both sodium-ion and lithium-ion technologies to give asset owners and developers the flexibility to choose the right technology for their success."

CATL's local industry partnerships to advance Australia's clean energy transition

TENER energy storage systems solve the challenges the Australia's grid is facing as more renewable energy powers the grid. Renewables supplied a record 44.3% of the National Electricity Market's (NEM) generation in the September quarter of 2026. Grid-scale batteries supplied 8% of evening peak generation, overtaking gas-powered generation for the first time according to the Australian Energy Market Operator (AEMO).

As coal-fired power stations retire, the grid increasingly needs energy storage systems with grid-forming capability to provide voltage and frequency support. To help deliver more storage in Australia, CATL's three MoUs aim to address the challenges of a renewables-driven grid through Australian expertise and innovation.

CATL's DC battery products and Hitachi Energy's power conversion systems will form the basis of a proposed integrated offering in Australia and the Asia Pacific region. Through this partnership, the company's aim to improve compatibility, standardise project delivery and to reduce integration risk.

In Australia, CATL will collaborate with EPEC Group and the Xiamen Energy Storage Validation Research Institute (ESVL) to combine its energy storage technology, with EPEC's grid integration and engineering delivery expertise, and ESVL's full-scale system validation. The parties aim to strengthen technical validation and accelerate the delivery of reliable, bankable and grid-compliant energy storage projects in Australia.

CATL and UNSW Sydney will also jointly develop the Centre for Integrated Renewable Energy Training and Innovation in Western Sydney, NSW. This renewable energy training and innovation centre will advance the skills and capabilities needed for Australia's clean energy transition.

Zhou added, "CATL is working with Hitachi Energy, EPEC Group, ESVL and UNSW Sydney to give our Australian customers greater confidence in how our technology is integrated, validated and supported throughout a project's life. Together, we're building the local expertise needed to deliver reliable battery projects in the long-term."

The MoUs build on CATL's work with Australian customers, including Birdwood Energy, which has selected CATL as the technology partner for the Baranduda Electrical Energy Reserve, a 400MW/1,860MWh battery near Wodonga in Victoria.

Zhou said, "Our commitment to Australia goes beyond supplying energy storage systems. We're investing in people, partnerships and capability, from training the next generation of renewable energy professionals to working with our customers and partners to connect and deliver the critical projects Australia's grid needs."

CATL has led global energy storage battery shipments for five consecutive years, with a 30.4% market share in 2025, according to SNE Research. It has been on BloombergNEF's Tier 1 energy storage list every quarter since Q1 2024. CATL has more than 3,000 energy storage projects worldwide and an installed capacity of over 17GWh of projects in Australia.