Major Developments: Elite International (00585) plans to acquire 67% of Skyline VFX for HK$171 million in a strategic return to digital entertainment and AI media. Chinasoft International (00354) subsidiary wins bids for two Shudao smart tunnel IoT platform projects, with an "OpenHarmony + AI + OT" digital foundation empowering full-stack AI highway tunnel scenarios. B.Duck Semk (02250) subsidiary plans to establish a joint venture to develop AI computing power and IP integration businesses. Tengsheng Bo'ao-B (02137) will present the latest breakthrough data from two Phase II studies, ENRICH and ENHANCE, at the 2026 AASLD Annual Meeting. China Jinshi (01380) plans to expand production capacity at the Zhangjiaba mine. MOMENTA-W (06880) plans to form a joint venture with SAIC Motor and Yandian Technology. Gushengtang (02273) plans to acquire controlling stakes in Nanjing Shijinmo, Nanjing Baihui, Gulou Yirun, and Chengdu Qingyang to expand its offline medical institution network. Jinghe Integrated (02249) subsidiary Hefei Jingyi Integrated Circuit receives a capital increase of 9.1 billion yuan. Qyuns Therapeutics-B (02509) enters into an exclusive licensing agreement with CALDERA THERAPEUTICS for a preclinical bispecific antibody project targeting TL1A and IL-17. Datong Group (00544) has launched data center infrastructure services business. CSPC Pharmaceutical Group (01093): the first clinical trial site in China for the Phase I/II clinical trial of SYS6062 for the treatment of advanced solid tumors has officially commenced.

Operating Results: Yekai (09923) reported overseas payment transaction volume of approximately 11.4 billion yuan in the first nine months, up more than threefold year-on-year. BeOne Medicines (06160) posted adjusted net profit of approximately US$1.358 billion for the first three quarters, up 96% year-on-year, and raised its full-year guidance. China Overseas Land & Investment (00688) recorded cumulative contracted property sales of approximately 198.84 billion yuan in the first 10 months, up 5.1% year-on-year. China Overseas Grand Oceans Group (00081) reported cumulative contracted sales of RMB 29.537 billion in the first 10 months, up 8.1% year-on-year. Hua Hong Semiconductor (01347) reported third-quarter profit attributable to shareholders of US$123.4 million, up 147.1% year-on-year, with sales revenue reaching a record high.