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A-share retail stocks rallied in the short term, with Hongqi Chain hitting the daily limit, followed by Tianhong Department Store, Guofang Group, Xiangjiang Holdings, Yinzhou Department Store, and Quanxinhao.

2026-11-11

A-share retail stocks rallied in the short term, with Hongqi Chain hitting the daily limit, followed by Tianhong Department Store, Guofang Group, Xiangjiang Holdings, Yinzhou Department Store, and Quanxinhao.

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2026-11-10

XCMG said on Nov. 10 it held talks with Shandong Heavy Industry Weichai Group to deepen collaboration. Both firms said they will expand cooperation in mining machinery, excavators, wheel loaders, cranes, road machinery and new-energy products, aiming

XCMG said on Nov. 10 it held talks with Shandong Heavy Industry Weichai Group to deepen collaboration. Both firms said they will expand cooperation in mining machinery, excavators, wheel loaders, cranes, road machinery and new-energy products, aiming to push into the global high-end market and support industry transformation and upgrade.
2026-11-11

SoftBank Group shares tumbled as much as 11%, hitting 3,465 yen intraday in Tokyo, after the Japanese tech investment firm posted its first net loss in nearly two years: a 1.12 trillion yen ($7.1bn) loss in the fiscal second quarter. The hit included

SoftBank Group shares tumbled as much as 11%, hitting 3,465 yen intraday in Tokyo, after the Japanese tech investment firm posted its first net loss in nearly two years: a 1.12 trillion yen ($7.1bn) loss in the fiscal second quarter. The hit included a $3.7bn impairment on a U.S. data‑center project and markdowns of AI‑related assets, and primarily reflected write‑offs of prepayments for power equipment—originally for an 8GW Ohio project and other U.S. data centers—that became unrecoverable after project changes.
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