Tencent Holdings (00700.HK): General and administrative expenses in the third quarter increased by 18% year-on-year to RMB34.2 billion, mainly due to increased R&D spending, especially investment in AI-related initiatives.

Key News 1. He Lifeng: China and the US should jointly safeguard and implement the important consensus and outcomes of the summit, and promote the stable development of China-US economic and trade relations. 2. China Securities Regulatory Commission: Overseas investors hold over 3.5 trillion yuan worth of A-shares. 3. National Energy Administration: By 2030, integrated development will become an important mode of new energy development. 4. National Development and Reform Commission publicly solicits opinions on the "Management Measures for National Emerging Industry Innovation Centers (Draft for Comment)" and other related documents. Individual Stock News 1. JA Solar Technology: The company's board secretary has not made any of the statements circulating online at any internal or external meetings. 2. Zhejiang Dongri (three consecutive daily limit-up): The company is not involved in the "brain-computer interface" business. 3. Tianqi Lithium: Tianqi Chile's lawsuit was rejected by the Chilean court. 4. BeiGene: Net profit for the first three quarters was 1.139 billion yuan, turning a loss into a profit year-on-year. 5. Kaige Precision Machinery: General Manager Deng Di has been released on bail pending trial for suspected dangerous driving and is currently able to perform his duties normally. 6. Aoke Shares: The new energy lithium battery and construction chemicals industries still face pressure and uncertainty. 7. Xingmin Zhitong: Signed a strategic cooperation agreement with BAIC Group, planning to purchase no less than 200 vehicles from the latter's brands within three years. 8. Pinming Technology: If the stock trading continues to fluctuate abnormally, the company may apply for a trading suspension for investigation in accordance with relevant rules. 9. Wuxi High-tech Zone New Energy Industry Development Fund, the third largest shareholder of Xiangnong Xinchuang, reduced its holdings by 549,200 shares. 10. Peking University Medicine: Chairman Xu Xiren has been arrested with the approval of the Jiangbei District People's Procuratorate of Chongqing Municipality on suspicion of criminal offenses. 11. Tianji Shares: During the period of severe abnormal stock trading fluctuations, the controlling shareholder and largest shareholder, Shantou Tianji, sold 8.4 million shares. 12. Haibo Sicheng: Signed a strategic cooperation agreement with CATL, with the company's cumulative electricity purchases from 2026 to 2028 not less than 200 GWh. 13. Yiling Pharmaceutical: Its wholly-owned subsidiary's memantine hydrochloride raw material received marketing approval for the treatment of moderate to severe Alzheimer's dementia.

The U.S. Supreme Court will hold oral arguments on January 21 next year on President Trump’s request to fire Federal Reserve Governor Cook.