US major equity indices rallied; the Nasdaq 100 turned positive, erasing an earlier 1.3% decline. Dow and S&P 500 losses narrowed to 0.3% and 0.17%, respectively.

Alibaba (09988.HK) said the Hong Kong Stock Exchange has confirmed it may proceed with the proposed spin-off. On Sept 11, 2026, Pingtouge confidentially filed a Form A1 listing application to seek approval to list and trade its H‑shares on the HKEX mainboard.

NVIDIA shares have been volatile over the past two days while the GPU market moves, a Shenzhen Huaqiangbei parts wholesaler said. High-end card prices have shifted sharply: the RTX5080 traded near 18,000 yuan on Oct. 23 and about 14,000 yuan now, a 4,000 yuan drop. The largest-volume mainstream RTX5060 has eased roughly 200 yuan month-on-month; overall cards have seen only minor adjustments and recently appear rangebound. The wholesaler added that factory shipments have slowed and market inventory is tight; if shipments stop, prices would likely rise.