Key Economic Data and Events to Watch Today: Friday, November 7, 2025 ① TBD: China's October Trade Balance ② TBD: China's October Foreign Exchange Reserves ③ 15:00: Germany's September Seasonally Adjusted Trade Balance ④ 15:00: UK's October Halif

Individual Stock News: 1. Fubo Group (03738.HK): Total revenue in the third quarter increased by approximately 27% year-on-year. 2. Wangshan Wangshui-B (02630.HK) closed up 154.72% in grey market trading, with a profit of HK$10,326 per lot. 3. WeRide (00800.HK): The Hong Kong public offering was oversubscribed by 73.44 times, and the international offering was oversubscribed by 9.85 times; the final offer price was HK$27.1, and the net proceeds were HK$2.26434 billion. 4. Goodbaby International (01086.HK): Revenue for the first three quarters was approximately HK$6.42 billion, a year-on-year decrease of 1.1%. 5. Concord New Energy (00182.HK): Solar equity power generation in the first 10 months increased by 31.77% year-on-year. 6. Sunac China (01918.HK): Its offshore debt restructuring plan was approved by the High Court, effective November 5. 7. Peninsula Hotels (00045.HK): The Peninsula Hotels' average revenue per available room (RevPAR) in Greater China was HK$2,477 in the third quarter. 8. Zhenro Properties (06158.HK): Cumulative contracted sales for the first 10 months amounted to approximately RMB 3.74 billion, a decrease of 31.39% year-on-year. 9. Yidazong (01733.HK): Entered into a cooperation agreement with Bridge Mining to collaborate on integrated coal mining, logistics, and underwriting services. 10. Country Garden (02007.HK): Its offshore debt restructuring plan was approved by a majority of creditors. 11. BYD (01211.HK): As of October, the company's total installed capacity of new energy vehicle power batteries and energy storage batteries exceeded 230 GWh. 12. Yuejiang (02432.HK): Plans to place 16.66 million new H shares, representing approximately 3.79% of the enlarged issued share capital; the placement price is HK$46.8 per share, a discount of 10.34% to yesterday's closing price of HK$52.2, raising HK$780 million.

The Ukrainian military stated that it attacked an oil refinery in Volgograd, Russia, causing explosions and fires in the area.