Morgan Stanley said lower turbine shipments and weaker wind resources reduced Goldwind’s third-quarter revenue, but an improvement in turbine gross margin drove gross profit growth; a decline in other income caused net profit to edge down year on year.
After launching LingeeOS in May 2026, Kingdee added enterprise context, a management portal and agent development capabilities. Morgan Stanley is optimistic about its ability to monetize AI through its ERP customers and business processes, but paid adoption and measurable gains in organizational efficiency remain critical.
A HER2 ADC achieved median progression-free survival of 16.4 months in a Chinese phase III breast cancer trial, but a weaker control group and a higher incidence of serious adverse reactions limit cross-trial comparisons; data from the HER3 ADC and KRAS G12D programs met Morgan Stanley’s expectations.
Morgan Stanley cut its price target for Hygon Information from 430 yuan to 380 yuan and maintained its Overweight rating. Rising high-bandwidth memory prices lifted GPU selling price expectations, but a higher GPU revenue mix and increased minority interests weighed on earnings forecasts.
Morgan Stanley expects tight fuel supplies to divert naphtha away from petrochemical uses, widening the cost advantage of coal-to-olefins production. But rising coal prices have already weighed on recent earnings, and the bank has cut its price target after switching to a dividend-yield valuation.
Pharmaceutical exports rose 10.5% year on year in the first three quarters of 2026, but the trade deficit still widened to 21 billion US dollars. Morgan Stanley says excess capacity and low utilization continue to suppress active pharmaceutical ingredient (API) prices, prompting some manufacturers to move into finished formulations or CDMO services.
Higher glass fiber volumes and prices, together with higher lithium-ion battery separator volumes and prices in the third quarter, improved Sinoma Science & Technology’s profitability in the first three quarters. However, third-quarter revenue and net profit were both broadly flat quarter on quarter, and Morgan Stanley viewed the results as slightly below market consensus.
In this episode of Yahoo's Market Hang, the hosts and guests including KraneShares Chief Investment Officer Brendan Ahern and Raymond James Chief Market Strategist Matt Orton start with the 261-page Anthropic S-1 and discuss hundreds of millions of dollars' worth of GPUs sitting in warehouses without power, the grid's inability to keep up as the real bottleneck, and how everyone is effectively in the same AI trade.
Brett Winton, chief futurist at ARK Invest, speaks with CNA’s Asia First: ARK’s venture capital fund has held a stake in Anthropic for years. He believes Anthropic’s annualized revenue could exceed 100 billion dollars by year-end, frontier labs could generate a combined 3 trillion dollars in revenue by 2030 to 2031, and the 8 billion dollar loss is merely a fair-value adjustment on convertible bonds.
Bloomberg “The China Show” guest segment: Goldman Sachs chief China equity strategist Kinger Lau discusses MSCI China trading at approximately 9 times forward earnings, back near its lows before September 2024; overall earnings are expected to grow approximately 10%, while profits in China’s AI sector grew 20% in the first half.
Rick Rieder, BlackRock’s chief investment officer of global fixed income, speaks with Bloomberg’s The Asia Trade: demand for 10-year Treasuries is muted even as their yield approaches 5%; portfolios yielding around 7% can already be assembled at the front end of the curve, and the 60/40 portfolio is outdated. Secured single-A-rated technology bonds issued to finance GPUs and data centers are emerging as the most attractive new opportunity in the bond market.
This episode of Prof G Markets is hosted by Ed Elson. Paul Kedrosky, managing partner at SK Ventures, breaks down Anthropic’s S-1 and notes that more than 800 billion dollars in computing commitments do not appear on its income statement. Financial Times US financial commentator Robert Armstrong then discusses whether the stock market could enter a pullback as the bond market demands increasingly high prices from AI data-center companies.
Former U.S. Commodity Futures Trading Commission Chair Chris Giancarlo returns to Bankless to discuss whether crypto is building a freer financial system or giving Wall Street and Washington new tools of control. He believes the entire financial system will move from its analog state onto distributed ledgers and tokenized rails before 2040.
Morgan Stanley chief US economist Michael Gapen speaks with CNBC’s Closing Bell Overtime: He agrees with market expectations that the Fed will hold rates steady this week, but says it will be a “hawkish pause” — the statement should convey that there is no rate hike today, but rates still need to move higher in the future.
COSL’s third-quarter earnings per share were broadly in line with Morgan Stanley’s expectations but below market consensus. The bank believes limited rig utilization and declining CNOOC capital expenditure constrain the transmission of higher energy prices into profit growth.
Morgan Stanley estimates that SoftBank’s net asset value per share rose 49.1% this year, while its share price fell 2.8% and its discount to net asset value widened to 48.4%. A decline in Arm’s valuation and an increase in net debt are also constraining the scope for AI assets to drive a re-rating.
Nomura sees a continued recovery in China’s upstream life sciences demand in multinational healthcare companies’ third-quarter results. However, the operating performance of innovative drugs, diagnostics and surgical robots diverges, and pricing reforms continue to affect revenue realization.
A higher contribution from overseas customers improved the third-quarter gross margin; the company raised its 2027 shipment targets, and Nomura consequently revised its earnings forecasts upward. But the tax burden, dilution from the trading business and cash spending on capacity expansion are constraints, while industry policy pressure also prompted Nomura to lower its valuation multiples.
From 19 October to the 23rd, net foreign inflows into US-focused funds fell to 650 million dollars, mainly as bond funds shifted to net redemptions. Equity fund inflows were broadly flat from the previous week but below the average for the preceding 12 weeks. South Korean retail investment in the US also cooled, while emerging market ETFs maintained net inflows.
