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See what is changing in cross-border commerce.

Sector official-news outlook

Official evidence · Not a price forecast

Cross-border commerce

US

Official-news impact assessmentWatch · No one-way call

No qualifying recent directional evidence; old accounts do not predict today’s moves.

Hong Kong

Official-news impact assessmentDemand diverges · Cautious

国家统计局 / NBS 2026-10-19 · Total retail sales +1.1% YoY、Online goods retail sales +3.8% YoY、Retail sales of enterprises above designated size -2.1% YoY; industry demand only, not issuer earnings.

A-shares

Official-news impact assessmentDivergent · Cautious

Past 7 days: 1 issuers, 1 supportive / 0 adverse (may overlap); 赛维时代 / Sailvan · 2026-10-27 — Revenue +23.86% YoY

Checked 28/10, 15:11 · Every 10 min · UTC+8 · 4 sources pending
Limited samples · Not an index/price forecast · Research only

View evidence and data

Cross-border commerce · Latest news

Newest publication first

Latest publication: 27/10/2026 · Last successful check: 28/10, 15:11 · Checked every 10 minutes

Cross-market industry context · Industry statistics, regulatory and platform releases beyond the issuer samples below. At most two headlines per publisher, with original dates and links; not automatic price signals.

  1. 2026年三季度报告 ↗赛维时代 / Sailvan · Issuer disclosure
  2. 2026年1—9月份社会消费品零售总额增长1.1% ↗国家统计局 / NBS · Government / industry release

US

Industry focus: Commerce platforms, export brands and export retailCovered samples only · Not a broad-market forecast

Research stance: watch without a one-way call, not a neutral price prediction. Continue official-source checks; do not assert an unverified direction.

New issuer evidence: 0 issuers (0 supportive, 0 adverse; may overlap); 0 industry tables explained separately, never counted as issuer votes.

Low confidence; not backtested. Old accounts stay separate and upload dates are not first-release dates. Price and volume are not connected; today’s moves and return probabilities cannot be verified.

Evidence and counter-factors

Expand the monitored official channels and original dates below. Past accounts remain available for historical comparison, not as a new catalyst today.

Recent official releases · Original dates

Official industry context · Not a direct market signal

Historical fundamentals · Separate from today’s market

4 issuers connected; 3 eligible for historical comparison: 6 improving and 0 declining metrics. Past reporting periods only; not combined into a same-day price verdict.

Financial growth does not imply rising share prices. Historical data may already be priced in; it is not today’s opening-price forecast. Reporting periods and original disclosure dates appear below.

Show historical accounts and original evidence · 4 issuers

Official financial data · Historical operating baseline

Amazon · AMZN ↗Check OK

Historical operating change: Comparable metrics improved

Quarterly report · Period 2026-04-01 — 2026-06-30 · SEC filing date 2026-07-31

Revenue · USD200,606mYoY +19.62%Prior-year period 167,702m
Operating profit · USD27,461mYoY +43.24%Prior-year period 19,171m

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

eBay · EBAY ↗Check OK

Historical operating change: Comparable metrics improved

Quarterly report · Period 2026-04-01 — 2026-06-30 · SEC filing date 2026-08-06

Revenue · USD3,134mYoY +14.80%Prior-year period 2,730m
Operating profit · USD676mYoY +41.13%Prior-year period 479m

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

阿里巴巴 / Alibaba · 9988 / BABA ↗Historical comparison unavailable

Quarterly report · Period 2026-04-01 — 2026-06-30 · Official disclosure date 2026-08-20

Revenue · CNY268,953mYoY +8.60%Prior-year period 247,652m
Operating profit · CNY15,161mYoY -56.67%Prior-year period 34,988m

Last successful check 28/10, 13:38 · New report needs verification; old comparison excluded · Next check 28/10, 15:28

Etsy · ETSY ↗Check OK

Historical operating change: Comparable metrics improved

Quarterly report · Period 2026-04-01 — 2026-06-30 · SEC filing date 2026-08-05

Revenue · USD668.31mYoY +6.23%Prior-year period 629.13m
Operating profit · USD125.27mYoY +33.12%Prior-year period 94.1m

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

Quantitative samples: 4 issuers connected for this market; 3 eligible now. Unless explicitly labelled as segment data, consolidated figures are not sector-segment revenue. A single-indicator sample does not imply profitability; coverage is not market-wide.

Sector issuer-news coverage · 0/1 issuers checked · 0 relevant releases in 7 days

Latest 30 entries checked per issuer. Success does not mean new releases today or exhaustive interpretation. Non-quantified updates are context; administrative notices do not determine direction.

Data definitions and coverage limits

Historical comparisons normally use comparable revenue and profit YoY. Meitu uses only advertising-segment revenue, never group profit as a substitute for undisclosed advertising profit. YoY changes below 0.5% are approximately flat; a non-positive prior profit uses amount changes, not invented percentages. Pending new reports, period ends older than 180 days or checks older than 24 hours are excluded from historical totals. Original periods, publication dates, currencies and units are retained; check dates are not report dates.

Official releases must come from verified channels and allowed original URLs, with issuer relevance determined from original titles. Consulting content, media retellings, tutorials and ad cases are excluded. Newly disclosed operating metrics, explicit profit guidance and verified enterprise-adoption data within 7 days inform news impact. Multiple articles do not add issuer votes; supportive and adverse evidence together is labelled mixed. Generic launches, plans and promotions are context only. Old, imprecisely dated, pending or delayed evidence is excluded. No backtested price model or exhaustive announcement coverage is claimed.

Industry tables are checked for exact metrics, periods and units, with releases no older than 30 days. Conflicting drivers yield a cautious, divergent outlook; statistics are not added to issuer votes. Retail is background only and excluded from advertising direction. Verified ad/content-monetization operating releases and quantified risk impacts may remain for 30 days with original dates; one issuer is not the whole sector. Mainland statistics apply only to mainland exposure of HK-listed businesses, not Hong Kong local activity. File upload or relocation dates are not new disclosures.

Limited issuer coverage (not recommendations): Amazon · eBay · 阿里巴巴 / Alibaba · Etsy

Hong Kong

Industry focus: Commerce platforms, export brands and export retailCovered samples only · Not a broad-market forecast

Conclusion: support and pressure coexist; use a cautious, divergent outlook, not a blanket positive reading.

New issuer evidence: 0 issuers (0 supportive, 0 adverse; may overlap); 1 industry tables explained separately, never counted as issuer votes.

Low confidence; not backtested. Old accounts stay separate and upload dates are not first-release dates. Price and volume are not connected; today’s moves and return probabilities cannot be verified.

Evidence and counter-factors

Latest industry statistics · Our demand inference

  • 2026年1—9月份社会消费品零售总额增长1.1% ↗国家统计局 / NBS · Published 2026-10-19 · Industry-demand inference, not issuer earnings

    Total retail sales 2026-09: +1.1% YoY · Online goods retail sales 2026-01 — 2026-09: +3.8% YoY · Retail sales of enterprises above designated size 2026-09: -2.1% YoY

    Mainland-business exposure only; not Hong Kong local statistics or all HK-listed operations.

    Counter-factors / limits: Retail is an indirect demand indicator, not ad revenue, marketing budgets or cross-border exports. Above-size and total retail scopes differ; they are not additive votes.

Recent official releases · Original dates

Official industry context · Not a direct market signal

Historical fundamentals · Separate from today’s market

3 issuers connected; 2 eligible for historical comparison: 3 improving and 1 declining metrics. Past reporting periods only; not combined into a same-day price verdict.

Financial growth does not imply rising share prices. Historical data may already be priced in; it is not today’s opening-price forecast. Reporting periods and original disclosure dates appear below.

Show historical accounts and original evidence · 3 issuers

Official financial data · Historical operating baseline

安克创新 / Anker · 300866 / 00668 ↗Check OK

Historical operating change: Comparable metrics improved

Half-year report · Period 2026-01-01 — 2026-06-30 · Report cover month 2026-08

Revenue · CNY16,605.01mYoY +29.05%Prior-year period 12,866.76m
Attributable net profit · CNY1,702.04mYoY +45.86%Prior-year period 1,166.92m

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

阿里巴巴 / Alibaba · 9988 / BABA ↗Historical comparison unavailable

Quarterly report · Period 2026-04-01 — 2026-06-30 · Official disclosure date 2026-08-20

Revenue · CNY268,953mYoY +8.60%Prior-year period 247,652m
Operating profit · CNY15,161mYoY -56.67%Prior-year period 34,988m

Last successful check 28/10, 13:38 · New report needs verification; old comparison excluded · Next check 28/10, 15:28

傲基股份 / AuGroup · 02519 ↗Check delayed · Last verified data

Historical operating change: Revenue up · Profit under pressure

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-09-18

Revenue · CNY7,220.59mYoY +28.77%Prior-year period 5,607.25m
Attributable net profit · CNY40.92mYoY -62.07%Prior-year period 107.87m

Last successful check 28/10, 14:38 · Next check 28/10, 15:18

Quantitative samples: 3 issuers connected for this market; 2 eligible now. Unless explicitly labelled as segment data, consolidated figures are not sector-segment revenue. A single-indicator sample does not imply profitability; coverage is not market-wide.

Sector issuer-news coverage · 1/2 issuers checked · 0 relevant releases in 7 days

Latest 30 entries checked per issuer. Success does not mean new releases today or exhaustive interpretation. Non-quantified updates are context; administrative notices do not determine direction.

Data definitions and coverage limits

Historical comparisons normally use comparable revenue and profit YoY. Meitu uses only advertising-segment revenue, never group profit as a substitute for undisclosed advertising profit. YoY changes below 0.5% are approximately flat; a non-positive prior profit uses amount changes, not invented percentages. Pending new reports, period ends older than 180 days or checks older than 24 hours are excluded from historical totals. Original periods, publication dates, currencies and units are retained; check dates are not report dates.

Official releases must come from verified channels and allowed original URLs, with issuer relevance determined from original titles. Consulting content, media retellings, tutorials and ad cases are excluded. Newly disclosed operating metrics, explicit profit guidance and verified enterprise-adoption data within 7 days inform news impact. Multiple articles do not add issuer votes; supportive and adverse evidence together is labelled mixed. Generic launches, plans and promotions are context only. Old, imprecisely dated, pending or delayed evidence is excluded. No backtested price model or exhaustive announcement coverage is claimed.

Industry tables are checked for exact metrics, periods and units, with releases no older than 30 days. Conflicting drivers yield a cautious, divergent outlook; statistics are not added to issuer votes. Retail is background only and excluded from advertising direction. Verified ad/content-monetization operating releases and quantified risk impacts may remain for 30 days with original dates; one issuer is not the whole sector. Mainland statistics apply only to mainland exposure of HK-listed businesses, not Hong Kong local activity. File upload or relocation dates are not new disclosures.

Limited issuer coverage (not recommendations): 安克创新 / Anker · 阿里巴巴 / Alibaba · 傲基股份 / AuGroup

A-shares

Industry focus: Commerce platforms, export brands and export retailCovered samples only · Not a broad-market forecast

Conclusion: support and pressure coexist; use a cautious, divergent outlook, not a blanket positive reading.

New issuer evidence: 1 issuers (1 supportive, 0 adverse; may overlap); 1 industry tables explained separately, never counted as issuer votes.

Low confidence; not backtested. Old accounts stay separate and upload dates are not first-release dates. Price and volume are not connected; today’s moves and return probabilities cannot be verified.

Evidence and counter-factors

New issuer disclosures · Direct evidence

  • 赛维时代 / Sailvan · Newly disclosed operating figures ↗赛维时代 / Sailvan · Original disclosure date 2026-10-27

    Newly disclosed comparable operating figures, used only as recent news evidence. Reporting period 2026-07-01 — 2026-09-30.

    Revenue: +23.86% YoY · Attributable net profit: +89.55% YoY

    Counter-factors / limits: Year-on-year improvement is not an earnings surprise. The period is historical, the release may already be priced in, and non-recurring items are not fully removed.

Latest industry statistics · Our demand inference

  • 2026年1—9月份社会消费品零售总额增长1.1% ↗国家统计局 / NBS · Published 2026-10-19 · Industry-demand inference, not issuer earnings

    Total retail sales 2026-09: +1.1% YoY · Online goods retail sales 2026-01 — 2026-09: +3.8% YoY · Retail sales of enterprises above designated size 2026-09: -2.1% YoY

    Mainland industry statistics, not an exhaustive listed-company sample.

    Counter-factors / limits: Retail is an indirect demand indicator, not ad revenue, marketing budgets or cross-border exports. Above-size and total retail scopes differ; they are not additive votes.

Recent official releases · Original dates

Past 7 days · Direct official context; generic announcements do not automatically determine direction.

Historical fundamentals · Separate from today’s market

5 issuers connected; 5 eligible for historical comparison: 9 improving and 1 declining metrics. Past reporting periods only; not combined into a same-day price verdict.

Financial growth does not imply rising share prices. Historical data may already be priced in; it is not today’s opening-price forecast. Reporting periods and original disclosure dates appear below.

Show historical accounts and original evidence · 5 issuers

Official financial data · Historical operating baseline

安克创新 / Anker · 300866 / 00668 ↗Check OK

Historical operating change: Comparable metrics improved

Half-year report · Period 2026-01-01 — 2026-06-30 · Report cover month 2026-08

Revenue · CNY16,605.01mYoY +29.05%Prior-year period 12,866.76m
Attributable net profit · CNY1,702.04mYoY +45.86%Prior-year period 1,166.92m

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

赛维时代 / Sailvan · 301381 ↗Check OK

Historical operating change: Comparable metrics improved

Quarterly report · Period 2026-07-01 — 2026-09-30 · Official disclosure date 2026-10-27

Revenue · CNY3,521.02mYoY +23.86%Reported YoY; prior amount not reconstructed
Attributable net profit · CNY76.87mYoY +89.55%Reported YoY; prior amount not reconstructed

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

致欧科技 / SONGMICS HOME · 301376 ↗Check OK

Historical operating change: Comparable metrics improved

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-27

Revenue · CNY4,825.63mYoY +19.32%Prior-year period 4,044.16m
Attributable net profit · CNY245.99mYoY +29.16%Prior-year period 190.45m

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

巨星科技 / GreatStar · 002444 ↗Check OK

Historical operating change: Comparable metrics improved

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-27

Revenue · CNY7,674.61mYoY +9.21%Prior-year period 7,027.5m
Attributable net profit · CNY1,304.7mYoY +2.50%Prior-year period 1,272.86m

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

乐歌股份 / Loctek · 300729 ↗Check OK

Historical operating change: Revenue up · Profit under pressure

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-29

Revenue · CNY3,179.35mYoY +1.11%Prior-year period 3,144.57m
Attributable net profit · CNY21.38mYoY -83.43%Prior-year period 129.01m

Export ergonomic products and overseas-warehouse exposure; consolidated attributable profit includes non-recurring items, not a cross-border segment profit.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

Quantitative samples: 5 issuers connected for this market; 5 eligible now. Unless explicitly labelled as segment data, consolidated figures are not sector-segment revenue. A single-indicator sample does not imply profitability; coverage is not market-wide.

Sector issuer-news coverage · 4/4 issuers checked · 2 relevant releases in 7 days

Latest 30 entries checked per issuer. Success does not mean new releases today or exhaustive interpretation. Non-quantified updates are context; administrative notices do not determine direction.

Data definitions and coverage limits

Historical comparisons normally use comparable revenue and profit YoY. Meitu uses only advertising-segment revenue, never group profit as a substitute for undisclosed advertising profit. YoY changes below 0.5% are approximately flat; a non-positive prior profit uses amount changes, not invented percentages. Pending new reports, period ends older than 180 days or checks older than 24 hours are excluded from historical totals. Original periods, publication dates, currencies and units are retained; check dates are not report dates.

Official releases must come from verified channels and allowed original URLs, with issuer relevance determined from original titles. Consulting content, media retellings, tutorials and ad cases are excluded. Newly disclosed operating metrics, explicit profit guidance and verified enterprise-adoption data within 7 days inform news impact. Multiple articles do not add issuer votes; supportive and adverse evidence together is labelled mixed. Generic launches, plans and promotions are context only. Old, imprecisely dated, pending or delayed evidence is excluded. No backtested price model or exhaustive announcement coverage is claimed.

Industry tables are checked for exact metrics, periods and units, with releases no older than 30 days. Conflicting drivers yield a cautious, divergent outlook; statistics are not added to issuer votes. Retail is background only and excluded from advertising direction. Verified ad/content-monetization operating releases and quantified risk impacts may remain for 30 days with original dates; one issuer is not the whole sector. Mainland statistics apply only to mainland exposure of HK-listed businesses, not Hong Kong local activity. File upload or relocation dates are not new disclosures.

Limited issuer coverage (not recommendations): 安克创新 / Anker · 赛维时代 / Sailvan · 致欧科技 / SONGMICS HOME · 巨星科技 / GreatStar · 乐歌股份 / Loctek

Official-source monitoring and verification links · 32

These are enabled official-document channels, not quote feeds.

Verification links only, not connected collection feeds: SEC EDGAR · HKEXnews · SSE disclosures · SZSE disclosures

AI compute & hardware

US

Official-news impact assessmentWatch · No one-way call

No qualifying recent directional evidence; old accounts do not predict today’s moves.

Hong Kong

Official-news impact assessmentElectronics expansion · End-market divergence

国家统计局 / NBS 2026-10-19 · Electronic-equipment manufacturing value added +16.4% YoY、Integrated-circuit output +18.4% YoY、Microcomputer output -17.0% YoY; industry demand only, not issuer earnings.

A-shares

Official-news impact assessmentElectronics expansion · End-market divergence

国家统计局 / NBS 2026-10-19 · Electronic-equipment manufacturing value added +16.4% YoY、Integrated-circuit output +18.4% YoY、Microcomputer output -17.0% YoY; industry demand only, not issuer earnings.

Checked 28/10, 15:11 · Every 10 min · UTC+8 · 1 sources pending
Limited samples · Not an index/price forecast · Research only

View evidence and data

AI compute & hardware · Latest news

Newest publication first

Latest publication: 27/10, 23:00 · Last successful check: 28/10, 15:11 · Checked every 10 minutes

Cross-market industry context · Industry statistics, regulatory and platform releases beyond the issuer samples below. At most two headlines per publisher, with original dates and links; not automatic price signals.

  1. 2026年三季度报告 ↗中兴通讯 / ZTE · Issuer disclosure
  2. 回购股份报告书 ↗新易盛 / Eoptolink · Issuer disclosure
  3. 关于公司近期生产经营情况的公告 ↗新易盛 / Eoptolink · Issuer disclosure
  4. 关于公司近期生产经营情况的公告 ↗中际旭创 / Innolight · Issuer disclosure

US

Industry focus: AI chip supply chains, computing hardware and optical interconnectsCovered samples only · Not a broad-market forecast

Research stance: watch without a one-way call, not a neutral price prediction. Continue official-source checks; do not assert an unverified direction.

New issuer evidence: 0 issuers (0 supportive, 0 adverse; may overlap); 0 industry tables explained separately, never counted as issuer votes.

Low confidence; not backtested. Old accounts stay separate and upload dates are not first-release dates. Price and volume are not connected; today’s moves and return probabilities cannot be verified.

Evidence and counter-factors

Expand the monitored official channels and original dates below. Past accounts remain available for historical comparison, not as a new catalyst today.

Recent official releases · Original dates

Past 7 days · Direct official context; generic announcements do not automatically determine direction.

Historical fundamentals · Separate from today’s market

4 issuers connected; 4 eligible for historical comparison: 6 improving and 2 declining metrics. Past reporting periods only; not combined into a same-day price verdict.

Financial growth does not imply rising share prices. Historical data may already be priced in; it is not today’s opening-price forecast. Reporting periods and original disclosure dates appear below.

Show historical accounts and original evidence · 4 issuers

Official financial data · Historical operating baseline

英伟达 / NVIDIA · NVDA ↗Check OK

Historical operating change: Comparable metrics improved

Quarterly report · Period 2026-04-27 — 2026-07-26 · SEC filing date 2026-08-26

Revenue · USD96,221mYoY +105.85%Prior-year period 46,743m
Operating profit · USD63,734mYoY +124.10%Prior-year period 28,440m

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

AMD · AMD ↗Check OK

Historical operating change: Comparable metrics improved

Quarterly report · Period 2026-03-29 — 2026-06-27 · SEC filing date 2026-08-05

Revenue · USD11,536mYoY +50.11%Prior-year period 7,685m
Operating profit · USD1,990mLoss to profitPrior-year period -134m · Non-positive base; amount comparison only

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

博通 / Broadcom · AVGO ↗Check OK

Historical operating change: Comparable metrics improved

Quarterly report · Period 2026-05-04 — 2026-08-02 · SEC filing date 2026-09-10

Revenue · USD29,591mYoY +85.50%Prior-year period 15,952m
Operating profit · USD15,955mYoY +171.02%Prior-year period 5,887m

Diversified AI-chip and networking exposure; consolidated figures include software and non-AI businesses.

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

高通 / Qualcomm · QCOM ↗Check OK

Historical operating change: Comparable metrics declined

Quarterly report · Period 2026-03-30 — 2026-06-28 · SEC filing date 2026-07-29

Revenue · USD9,947mYoY -4.03%Prior-year period 10,365m
Operating profit · USD1,626mYoY -41.13%Prior-year period 2,762m

Edge-computing chip supply-chain sample including handsets, automotive and licensing; not pure AI revenue.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

Quantitative samples: 4 issuers connected for this market; 4 eligible now. Unless explicitly labelled as segment data, consolidated figures are not sector-segment revenue. A single-indicator sample does not imply profitability; coverage is not market-wide.

Data definitions and coverage limits

Historical comparisons normally use comparable revenue and profit YoY. Meitu uses only advertising-segment revenue, never group profit as a substitute for undisclosed advertising profit. YoY changes below 0.5% are approximately flat; a non-positive prior profit uses amount changes, not invented percentages. Pending new reports, period ends older than 180 days or checks older than 24 hours are excluded from historical totals. Original periods, publication dates, currencies and units are retained; check dates are not report dates.

Official releases must come from verified channels and allowed original URLs, with issuer relevance determined from original titles. Consulting content, media retellings, tutorials and ad cases are excluded. Newly disclosed operating metrics, explicit profit guidance and verified enterprise-adoption data within 7 days inform news impact. Multiple articles do not add issuer votes; supportive and adverse evidence together is labelled mixed. Generic launches, plans and promotions are context only. Old, imprecisely dated, pending or delayed evidence is excluded. No backtested price model or exhaustive announcement coverage is claimed.

Industry tables are checked for exact metrics, periods and units, with releases no older than 30 days. Conflicting drivers yield a cautious, divergent outlook; statistics are not added to issuer votes. Retail is background only and excluded from advertising direction. Verified ad/content-monetization operating releases and quantified risk impacts may remain for 30 days with original dates; one issuer is not the whole sector. Mainland statistics apply only to mainland exposure of HK-listed businesses, not Hong Kong local activity. File upload or relocation dates are not new disclosures.

Limited issuer coverage (not recommendations): 英伟达 / NVIDIA · AMD · 博通 / Broadcom · 高通 / Qualcomm

Hong Kong

Industry focus: AI chip supply chains, computing hardware and optical interconnectsCovered samples only · Not a broad-market forecast

Conclusion: support and pressure coexist; use a cautious, divergent outlook, not a blanket positive reading.

New issuer evidence: 0 issuers (0 supportive, 0 adverse; may overlap); 1 industry tables explained separately, never counted as issuer votes.

Low confidence; not backtested. Old accounts stay separate and upload dates are not first-release dates. Price and volume are not connected; today’s moves and return probabilities cannot be verified.

Evidence and counter-factors

Latest industry statistics · Our demand inference

  • 2026年9月份规模以上工业增加值增长5.5% ↗国家统计局 / NBS · Published 2026-10-19 · Industry-demand inference, not issuer earnings

    Electronic-equipment manufacturing value added 2026-09: +16.4% YoY · Integrated-circuit output 2026-09: +18.4% YoY · Microcomputer output 2026-09: -17.0% YoY

    Mainland-business exposure only; not Hong Kong local statistics or all HK-listed operations.

    Counter-factors / limits: Electronics, ICs and microcomputers include non-AI products. Output is not orders, earnings or AI-chip revenue; aggregate growth must not hide product divergence.

Recent official releases · Original dates

Past 7 days · Direct official context; generic announcements do not automatically determine direction.

Historical fundamentals · Separate from today’s market

5 issuers connected; 4 eligible for historical comparison: 7 improving and 1 declining metrics. Past reporting periods only; not combined into a same-day price verdict.

Financial growth does not imply rising share prices. Historical data may already be priced in; it is not today’s opening-price forecast. Reporting periods and original disclosure dates appear below.

Show historical accounts and original evidence · 5 issuers

Official financial data · Historical operating baseline

联想集团 / Lenovo · 00992 ↗Check OK

Historical operating change: Revenue up · Profit under pressure

Quarterly report · Period 2026-04-01 — 2026-06-30 · Official disclosure date 2026-08-13

Revenue · USD26,943mYoY +43.09%Prior-year period 18,830m
Statutory operating profit · USD19mYoY -97.58%Prior-year period 785m

Uses consolidated statutory operating profit, not adjusted profit; includes non-cash fair-value and other effects, not pure AI-compute segment performance.

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

中兴通讯 / ZTE · 000063 / 00763 ↗Historical comparison unavailable

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-22

Revenue · CNY78,025.36mYoY +9.05%Prior-year period 71,552.73m
Attributable net profit / loss · CNY2,752.83mYoY -45.57%Prior-year period 5,057.57m

AI-compute exposure includes servers, storage and networks. Uses consolidated accounts, not a standalone AI segment; revenue growth does not erase an adverse profit vote.

Last successful check 26/10, 16:53 · New report needs verification; old comparison excluded · Next check 28/10, 15:59

中芯国际 / SMIC · 688981 / 00981 ↗Check OK

Historical operating change: Comparable metrics improved

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-28

Revenue · CNY38,635.12mYoY +19.44%Prior-year period 32,348.05m
Attributable net profit / loss · CNY4,467.43mYoY +94.16%Prior-year period 2,300.87m

Chip-foundry supply-chain sample, not a pure AI-chip company. Uses CNY Chinese Accounting Standards figures for the same A/H issuer, never mixed with IFRS USD figures.

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

复旦微电 / Fudan Microelectronics · 688385 / 01385 ↗Check OK

Historical operating change: Comparable metrics improved

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-18

Revenue · CNY2,225.49mYoY +21.03%Prior-year period 1,838.85m
Attributable net profit · CNY849.15mYoY +338.58%Prior-year period 193.61m

FPGA and related chip supply-chain sample, not pure AI. Attributable profit includes investment fair-value and other non-recurring effects; also review recurring profit in the report.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

华虹宏力 / Hua Hong Grace · 688347 / 01347 ↗Check OK

Historical operating change: Comparable metrics improved

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-27

Revenue · CNY9,574.27mYoY +19.41%Prior-year period 8,017.66m
Attributable net profit · CNY398.84mYoY +436.69%Prior-year period 74.32m

Specialty-process chip-foundry supply-chain sample, not pure AI. Uses CNY consolidated attributable profit, not USD figures or total pre-tax profit.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

Quantitative samples: 5 issuers connected for this market; 4 eligible now. Unless explicitly labelled as segment data, consolidated figures are not sector-segment revenue. A single-indicator sample does not imply profitability; coverage is not market-wide.

Sector issuer-news coverage · 6/6 issuers checked · 3 relevant releases in 7 days

Latest 30 entries checked per issuer. Success does not mean new releases today or exhaustive interpretation. Non-quantified updates are context; administrative notices do not determine direction.

Data definitions and coverage limits

Historical comparisons normally use comparable revenue and profit YoY. Meitu uses only advertising-segment revenue, never group profit as a substitute for undisclosed advertising profit. YoY changes below 0.5% are approximately flat; a non-positive prior profit uses amount changes, not invented percentages. Pending new reports, period ends older than 180 days or checks older than 24 hours are excluded from historical totals. Original periods, publication dates, currencies and units are retained; check dates are not report dates.

Official releases must come from verified channels and allowed original URLs, with issuer relevance determined from original titles. Consulting content, media retellings, tutorials and ad cases are excluded. Newly disclosed operating metrics, explicit profit guidance and verified enterprise-adoption data within 7 days inform news impact. Multiple articles do not add issuer votes; supportive and adverse evidence together is labelled mixed. Generic launches, plans and promotions are context only. Old, imprecisely dated, pending or delayed evidence is excluded. No backtested price model or exhaustive announcement coverage is claimed.

Industry tables are checked for exact metrics, periods and units, with releases no older than 30 days. Conflicting drivers yield a cautious, divergent outlook; statistics are not added to issuer votes. Retail is background only and excluded from advertising direction. Verified ad/content-monetization operating releases and quantified risk impacts may remain for 30 days with original dates; one issuer is not the whole sector. Mainland statistics apply only to mainland exposure of HK-listed businesses, not Hong Kong local activity. File upload or relocation dates are not new disclosures.

Limited issuer coverage (not recommendations): 联想集团 / Lenovo · 中兴通讯 / ZTE · 中芯国际 / SMIC · 复旦微电 / Fudan Microelectronics · 华虹宏力 / Hua Hong Grace · 商汤 / SenseTime

A-shares

Industry focus: AI chip supply chains, computing hardware and optical interconnectsCovered samples only · Not a broad-market forecast

Conclusion: support and pressure coexist; use a cautious, divergent outlook, not a blanket positive reading.

New issuer evidence: 0 issuers (0 supportive, 0 adverse; may overlap); 1 industry tables explained separately, never counted as issuer votes.

Low confidence; not backtested. Old accounts stay separate and upload dates are not first-release dates. Price and volume are not connected; today’s moves and return probabilities cannot be verified.

Evidence and counter-factors

Latest industry statistics · Our demand inference

  • 2026年9月份规模以上工业增加值增长5.5% ↗国家统计局 / NBS · Published 2026-10-19 · Industry-demand inference, not issuer earnings

    Electronic-equipment manufacturing value added 2026-09: +16.4% YoY · Integrated-circuit output 2026-09: +18.4% YoY · Microcomputer output 2026-09: -17.0% YoY

    Mainland industry statistics, not an exhaustive listed-company sample.

    Counter-factors / limits: Electronics, ICs and microcomputers include non-AI products. Output is not orders, earnings or AI-chip revenue; aggregate growth must not hide product divergence.

Recent official releases · Original dates

Past 7 days · Direct official context; generic announcements do not automatically determine direction.

Historical fundamentals · Separate from today’s market

7 issuers connected; 6 eligible for historical comparison: 12 improving and 0 declining metrics. Past reporting periods only; not combined into a same-day price verdict.

Financial growth does not imply rising share prices. Historical data may already be priced in; it is not today’s opening-price forecast. Reporting periods and original disclosure dates appear below.

Show historical accounts and original evidence · 7 issuers

Official financial data · Historical operating baseline

中际旭创 / Innolight · 300308 ↗Check OK

Historical operating change: Comparable metrics improved

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-22

Revenue · CNY41,777.86mYoY +182.49%Prior-year period 14,789.07m
Attributable net profit · CNY13,651.15mYoY +241.70%Prior-year period 3,995.12m

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

中兴通讯 / ZTE · 000063 / 00763 ↗Historical comparison unavailable

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-22

Revenue · CNY78,025.36mYoY +9.05%Prior-year period 71,552.73m
Attributable net profit / loss · CNY2,752.83mYoY -45.57%Prior-year period 5,057.57m

AI-compute exposure includes servers, storage and networks. Uses consolidated accounts, not a standalone AI segment; revenue growth does not erase an adverse profit vote.

Last successful check 26/10, 16:53 · New report needs verification; old comparison excluded · Next check 28/10, 15:59

中芯国际 / SMIC · 688981 / 00981 ↗Check OK

Historical operating change: Comparable metrics improved

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-28

Revenue · CNY38,635.12mYoY +19.44%Prior-year period 32,348.05m
Attributable net profit / loss · CNY4,467.43mYoY +94.16%Prior-year period 2,300.87m

Chip-foundry supply-chain sample, not a pure AI-chip company. Uses CNY Chinese Accounting Standards figures for the same A/H issuer, never mixed with IFRS USD figures.

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

工业富联 / FII · 601138 ↗Check OK

Historical operating change: Comparable metrics improved

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-12

Revenue · CNY557,860.65mYoY +54.63%Prior-year period 360,759.65m
Attributable net profit · CNY23,740.46mYoY +95.99%Prior-year period 12,113.36m

Cloud-server and communications-hardware sample; consolidated figures are not a standalone AI-server segment.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

浪潮信息 / Inspur · 000977 ↗Check OK

Historical operating change: Comparable metrics improved

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-29

Revenue · CNY84,378.73mYoY +5.22%Prior-year period 80,192.43m
Attributable net profit · CNY2,951.72mYoY +269.59%Prior-year period 798.64m

Server and AI-infrastructure sample; original CNY ten-thousand units converted to CNY. Attributable profit includes non-recurring items.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

复旦微电 / Fudan Microelectronics · 688385 / 01385 ↗Check OK

Historical operating change: Comparable metrics improved

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-18

Revenue · CNY2,225.49mYoY +21.03%Prior-year period 1,838.85m
Attributable net profit · CNY849.15mYoY +338.58%Prior-year period 193.61m

FPGA and related chip supply-chain sample, not pure AI. Attributable profit includes investment fair-value and other non-recurring effects; also review recurring profit in the report.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

华虹宏力 / Hua Hong Grace · 688347 / 01347 ↗Check OK

Historical operating change: Comparable metrics improved

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-27

Revenue · CNY9,574.27mYoY +19.41%Prior-year period 8,017.66m
Attributable net profit · CNY398.84mYoY +436.69%Prior-year period 74.32m

Specialty-process chip-foundry supply-chain sample, not pure AI. Uses CNY consolidated attributable profit, not USD figures or total pre-tax profit.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

Quantitative samples: 7 issuers connected for this market; 6 eligible now. Unless explicitly labelled as segment data, consolidated figures are not sector-segment revenue. A single-indicator sample does not imply profitability; coverage is not market-wide.

Sector issuer-news coverage · 8/8 issuers checked · 4 relevant releases in 7 days

Latest 30 entries checked per issuer. Success does not mean new releases today or exhaustive interpretation. Non-quantified updates are context; administrative notices do not determine direction.

Data definitions and coverage limits

Historical comparisons normally use comparable revenue and profit YoY. Meitu uses only advertising-segment revenue, never group profit as a substitute for undisclosed advertising profit. YoY changes below 0.5% are approximately flat; a non-positive prior profit uses amount changes, not invented percentages. Pending new reports, period ends older than 180 days or checks older than 24 hours are excluded from historical totals. Original periods, publication dates, currencies and units are retained; check dates are not report dates.

Official releases must come from verified channels and allowed original URLs, with issuer relevance determined from original titles. Consulting content, media retellings, tutorials and ad cases are excluded. Newly disclosed operating metrics, explicit profit guidance and verified enterprise-adoption data within 7 days inform news impact. Multiple articles do not add issuer votes; supportive and adverse evidence together is labelled mixed. Generic launches, plans and promotions are context only. Old, imprecisely dated, pending or delayed evidence is excluded. No backtested price model or exhaustive announcement coverage is claimed.

Industry tables are checked for exact metrics, periods and units, with releases no older than 30 days. Conflicting drivers yield a cautious, divergent outlook; statistics are not added to issuer votes. Retail is background only and excluded from advertising direction. Verified ad/content-monetization operating releases and quantified risk impacts may remain for 30 days with original dates; one issuer is not the whole sector. Mainland statistics apply only to mainland exposure of HK-listed businesses, not Hong Kong local activity. File upload or relocation dates are not new disclosures.

Limited issuer coverage (not recommendations): 中际旭创 / Innolight · 中兴通讯 / ZTE · 中芯国际 / SMIC · 工业富联 / FII · 浪潮信息 / Inspur · 复旦微电 / Fudan Microelectronics · 华虹宏力 / Hua Hong Grace · 新易盛 / Eoptolink

Official-source monitoring and verification links · 24

These are enabled official-document channels, not quote feeds.

Verification links only, not connected collection feeds: SEC EDGAR · HKEXnews · SSE disclosures · SZSE disclosures

AI software & cloud

US

Official-news impact assessmentWatch · No one-way call

No qualifying recent directional evidence; old accounts do not predict today’s moves.

Hong Kong

Official-news impact assessmentAdverse news bias

Past 7 days: 1 issuers, 0 supportive / 1 adverse (may overlap); 中国电信 / China Telecom · 2026-10-23 — Revenue -3.01% YoY

A-shares

Official-news impact assessmentAdverse news bias

Past 7 days: 2 issuers, 0 supportive / 2 adverse (may overlap); 中国电信 / China Telecom · 2026-10-23 — Revenue -3.01% YoY

Checked 28/10, 15:10 · Every 10 min · UTC+8 · 6 sources pending
Limited samples · Not an index/price forecast · Research only

View evidence and data

AI software & cloud · Latest news

Newest publication first

Latest publication: 28/10, 02:03 · Last successful check: 28/10, 15:10 · Checked every 10 minutes

Cross-market industry context · Industry statistics, regulatory and platform releases beyond the issuer samples below. At most two headlines per publisher, with original dates and links; not automatic price signals.

  1. Announcing SOCI-indexed images for faster SageMaker AI jobs ↗Amazon Web Services · Official platform update
  2. 金山办公2026年第三季度报告 ↗金山办公 / Kingsoft Office · Issuer disclosure
  3. 2026年第三季度报告 ↗宝信软件 / Baosight · Issuer disclosure

US

Industry focus: AI software, cloud platforms and related diversified technology companiesCovered samples only · Not a broad-market forecast

Research stance: watch without a one-way call, not a neutral price prediction. Continue official-source checks; do not assert an unverified direction.

New issuer evidence: 0 issuers (0 supportive, 0 adverse; may overlap); 0 industry tables explained separately, never counted as issuer votes.

Low confidence; not backtested. Old accounts stay separate and upload dates are not first-release dates. Price and volume are not connected; today’s moves and return probabilities cannot be verified.

Evidence and counter-factors

Expand the monitored official channels and original dates below. Past accounts remain available for historical comparison, not as a new catalyst today.

Recent official releases · Original dates

Past 7 days · Direct official context; generic announcements do not automatically determine direction.

Historical fundamentals · Separate from today’s market

6 issuers connected; 5 eligible for historical comparison: 9 improving and 0 declining metrics. Past reporting periods only; not combined into a same-day price verdict.

Financial growth does not imply rising share prices. Historical data may already be priced in; it is not today’s opening-price forecast. Reporting periods and original disclosure dates appear below.

Show historical accounts and original evidence · 6 issuers

Official financial data · Historical operating baseline

Amazon · AMZN ↗Check OK

Historical operating change: Comparable metrics improved

Quarterly report · Period 2026-04-01 — 2026-06-30 · SEC filing date 2026-07-31

Revenue · USD200,606mYoY +19.62%Prior-year period 167,702m
Operating profit · USD27,461mYoY +43.24%Prior-year period 19,171m

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

阿里巴巴 / Alibaba · 9988 / BABA ↗Historical comparison unavailable

Quarterly report · Period 2026-04-01 — 2026-06-30 · Official disclosure date 2026-08-20

Revenue · CNY268,953mYoY +8.60%Prior-year period 247,652m
Operating profit · CNY15,161mYoY -56.67%Prior-year period 34,988m

Last successful check 28/10, 13:38 · New report needs verification; old comparison excluded · Next check 28/10, 15:28

微软 / Microsoft · MSFT ↗Check OK

Historical operating change: Comparable metrics improved

Annual report · Period 2025-07-01 — 2026-06-30 · SEC filing date 2026-07-29

Revenue · USD331,839mYoY +17.79%Prior-year period 281,724m
Operating profit · USD155,237mYoY +20.78%Prior-year period 128,528m

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

Alphabet · GOOGL / GOOG ↗Check OK

Historical operating change: Comparable metrics improved

Quarterly report · Period 2026-04-01 — 2026-06-30 · SEC filing date 2026-07-23

Revenue · USD119,796mYoY +24.23%Prior-year period 96,428m
Operating profit · USD40,770mYoY +30.38%Prior-year period 31,271m

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

甲骨文 / Oracle · ORCL ↗Check OK

Historical operating change: Comparable metrics improved

Quarterly report · Period 2026-06-01 — 2026-08-31 · SEC filing date 2026-09-11

Revenue · USD19,345mYoY +29.61%Prior-year period 14,926m
Operating profit · USD6,728mYoY +57.31%Prior-year period 4,277m

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

Salesforce · CRM ↗Check OK

Historical operating change: Comparable metrics improved

Quarterly report · Period 2026-05-01 — 2026-07-31 · SEC filing date 2026-08-27

Revenue · USD11,345mYoY +10.83%Prior-year period 10,236m
Operating profit · USD2,331mYoY -0.04%Prior-year period 2,332m

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

Quantitative samples: 6 issuers connected for this market; 5 eligible now. Unless explicitly labelled as segment data, consolidated figures are not sector-segment revenue. A single-indicator sample does not imply profitability; coverage is not market-wide.

Sector issuer-news coverage · 0/1 issuers checked · 0 relevant releases in 7 days

Latest 30 entries checked per issuer. Success does not mean new releases today or exhaustive interpretation. Non-quantified updates are context; administrative notices do not determine direction.

Data definitions and coverage limits

Historical comparisons normally use comparable revenue and profit YoY. Meitu uses only advertising-segment revenue, never group profit as a substitute for undisclosed advertising profit. YoY changes below 0.5% are approximately flat; a non-positive prior profit uses amount changes, not invented percentages. Pending new reports, period ends older than 180 days or checks older than 24 hours are excluded from historical totals. Original periods, publication dates, currencies and units are retained; check dates are not report dates.

Official releases must come from verified channels and allowed original URLs, with issuer relevance determined from original titles. Consulting content, media retellings, tutorials and ad cases are excluded. Newly disclosed operating metrics, explicit profit guidance and verified enterprise-adoption data within 7 days inform news impact. Multiple articles do not add issuer votes; supportive and adverse evidence together is labelled mixed. Generic launches, plans and promotions are context only. Old, imprecisely dated, pending or delayed evidence is excluded. No backtested price model or exhaustive announcement coverage is claimed.

Industry tables are checked for exact metrics, periods and units, with releases no older than 30 days. Conflicting drivers yield a cautious, divergent outlook; statistics are not added to issuer votes. Retail is background only and excluded from advertising direction. Verified ad/content-monetization operating releases and quantified risk impacts may remain for 30 days with original dates; one issuer is not the whole sector. Mainland statistics apply only to mainland exposure of HK-listed businesses, not Hong Kong local activity. File upload or relocation dates are not new disclosures.

Limited issuer coverage (not recommendations): Amazon · 阿里巴巴 / Alibaba · 微软 / Microsoft · Alphabet · 甲骨文 / Oracle · Salesforce

Hong Kong

Industry focus: AI software, cloud platforms and related diversified technology companiesCovered samples only · Not a broad-market forecast

Conclusion: verified new evidence is adverse; watch whether subsequent orders, pricing or margins reverse it.

New issuer evidence: 1 issuers (0 supportive, 1 adverse; may overlap); 0 industry tables explained separately, never counted as issuer votes.

Low confidence; not backtested. Old accounts stay separate and upload dates are not first-release dates. Price and volume are not connected; today’s moves and return probabilities cannot be verified.

Evidence and counter-factors

New issuer disclosures · Direct evidence

  • 中国电信 / China Telecom · Newly disclosed operating figures ↗中国电信 / China Telecom · Original disclosure date 2026-10-23

    Newly disclosed comparable operating figures, used only as recent news evidence. Reporting period 2026-07-01 — 2026-09-30.

    Revenue: -3.01% YoY · Attributable net profit: -14.65% YoY

    Counter-factors / limits: Diversified carrier with Tianyi Cloud and AI-cloud exposure; consolidated Chinese Accounting Standards data include telecom services, not standalone cloud revenue.

Recent official releases · Original dates

Past 7 days · Direct official context; generic announcements do not automatically determine direction.

Historical fundamentals · Separate from today’s market

4 issuers connected; 3 eligible for historical comparison: 2 improving and 4 declining metrics. Past reporting periods only; not combined into a same-day price verdict.

Financial growth does not imply rising share prices. Historical data may already be priced in; it is not today’s opening-price forecast. Reporting periods and original disclosure dates appear below.

Show historical accounts and original evidence · 4 issuers

Official financial data · Historical operating baseline

阿里巴巴 / Alibaba · 9988 / BABA ↗Historical comparison unavailable

Quarterly report · Period 2026-04-01 — 2026-06-30 · Official disclosure date 2026-08-20

Revenue · CNY268,953mYoY +8.60%Prior-year period 247,652m
Operating profit · CNY15,161mYoY -56.67%Prior-year period 34,988m

Last successful check 28/10, 13:38 · New report needs verification; old comparison excluded · Next check 28/10, 15:28

腾讯控股 / Tencent · 00700 ↗Check OK

Historical operating change: Comparable metrics improved

Quarterly report · Period 2026-04-01 — 2026-06-30 · Official disclosure date 2026-08-12

Group revenue · CNY204,785mYoY +10.99%Prior-year period 184,504m
IFRS operating profit · CNY67,276mYoY +11.93%Prior-year period 60,104m

Advertising context: Marketing Services revenue CNY 43565m versus 35762m, YoY 21.82%. Votes use consolidated revenue and IFRS operating profit, including games and fintech, not advertising-segment profit; AI investment effects are not excluded.

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

中国电信 / China Telecom · 601728 / 00728 ↗Check OK

Historical operating change: Comparable metrics declined

Quarterly report · Period 2026-07-01 — 2026-09-30 · Official disclosure date 2026-10-23

Revenue · CNY121,089.47mYoY -3.01%Reported YoY; prior amount not reconstructed
Attributable net profit · CNY6,619.72mYoY -14.65%Reported YoY; prior amount not reconstructed

Diversified carrier with Tianyi Cloud and AI-cloud exposure; consolidated Chinese Accounting Standards data include telecom services, not standalone cloud revenue.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

中国移动 / China Mobile · 600941 / 00941 ↗Check OK

Historical operating change: Comparable metrics declined

Quarterly report · Period 2026-07-01 — 2026-09-30 · Official disclosure date 2026-10-21

Revenue · CNY242,300mYoY -3.43%Prior-year period 250,900m
Attributable net profit · CNY27,300mYoY -12.22%Prior-year period 31,100m

Diversified carrier with Mobile Cloud and AI exposure; Chinese Accounting Standards consolidated quarterly data, not cloud-segment data. Rounded CNY 100m amounts may yield small YoY rounding differences.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

Quantitative samples: 4 issuers connected for this market; 3 eligible now. Unless explicitly labelled as segment data, consolidated figures are not sector-segment revenue. A single-indicator sample does not imply profitability; coverage is not market-wide.

Sector issuer-news coverage · 4/5 issuers checked · 3 relevant releases in 7 days

Latest 30 entries checked per issuer. Success does not mean new releases today or exhaustive interpretation. Non-quantified updates are context; administrative notices do not determine direction.

Data definitions and coverage limits

Historical comparisons normally use comparable revenue and profit YoY. Meitu uses only advertising-segment revenue, never group profit as a substitute for undisclosed advertising profit. YoY changes below 0.5% are approximately flat; a non-positive prior profit uses amount changes, not invented percentages. Pending new reports, period ends older than 180 days or checks older than 24 hours are excluded from historical totals. Original periods, publication dates, currencies and units are retained; check dates are not report dates.

Official releases must come from verified channels and allowed original URLs, with issuer relevance determined from original titles. Consulting content, media retellings, tutorials and ad cases are excluded. Newly disclosed operating metrics, explicit profit guidance and verified enterprise-adoption data within 7 days inform news impact. Multiple articles do not add issuer votes; supportive and adverse evidence together is labelled mixed. Generic launches, plans and promotions are context only. Old, imprecisely dated, pending or delayed evidence is excluded. No backtested price model or exhaustive announcement coverage is claimed.

Industry tables are checked for exact metrics, periods and units, with releases no older than 30 days. Conflicting drivers yield a cautious, divergent outlook; statistics are not added to issuer votes. Retail is background only and excluded from advertising direction. Verified ad/content-monetization operating releases and quantified risk impacts may remain for 30 days with original dates; one issuer is not the whole sector. Mainland statistics apply only to mainland exposure of HK-listed businesses, not Hong Kong local activity. File upload or relocation dates are not new disclosures.

Limited issuer coverage (not recommendations): 阿里巴巴 / Alibaba · 腾讯控股 / Tencent · 中国电信 / China Telecom · 中国移动 / China Mobile · 商汤 / SenseTime

A-shares

Industry focus: AI software, cloud platforms and related diversified technology companiesCovered samples only · Not a broad-market forecast

Conclusion: verified new evidence is adverse; watch whether subsequent orders, pricing or margins reverse it.

New issuer evidence: 2 issuers (0 supportive, 2 adverse; may overlap); 0 industry tables explained separately, never counted as issuer votes.

Low confidence; not backtested. Old accounts stay separate and upload dates are not first-release dates. Price and volume are not connected; today’s moves and return probabilities cannot be verified.

Evidence and counter-factors

New issuer disclosures · Direct evidence

  • 中国电信 / China Telecom · Newly disclosed operating figures ↗中国电信 / China Telecom · Original disclosure date 2026-10-23

    Newly disclosed comparable operating figures, used only as recent news evidence. Reporting period 2026-07-01 — 2026-09-30.

    Revenue: -3.01% YoY · Attributable net profit: -14.65% YoY

    Counter-factors / limits: Diversified carrier with Tianyi Cloud and AI-cloud exposure; consolidated Chinese Accounting Standards data include telecom services, not standalone cloud revenue.

  • 2026年三季度报告 ↗广联达 / Glodon · Original disclosure date 2026-10-23

    New Q3 disclosure: July–September quarterly revenue, attributable and recurring profit; not mixed with January–September totals.

    Revenue: 1463733255.92 CNY; -1.50% YoY · Attributable net profit: 73738649.78 CNY; -0.29% YoY · Recurring attributable net profit: 61169818.03 CNY; -1.07% YoY

    Counter-factors / limits: Unaudited consolidated results of a digital-construction software issuer, not standalone AI performance. YoY changes are not compared with consensus or share-price reaction.

Recent official releases · Original dates

Past 7 days · Direct official context; generic announcements do not automatically determine direction.

Historical fundamentals · Separate from today’s market

6 issuers connected; 4 eligible for historical comparison: 4 improving and 4 declining metrics. Past reporting periods only; not combined into a same-day price verdict.

Financial growth does not imply rising share prices. Historical data may already be priced in; it is not today’s opening-price forecast. Reporting periods and original disclosure dates appear below.

Show historical accounts and original evidence · 6 issuers

Official financial data · Historical operating baseline

金山办公 / Kingsoft Office · 688111 ↗Historical comparison unavailable

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-20

Revenue · CNY3,313.26mYoY +24.69%Prior-year period 2,657.12m
Attributable net profit · CNY2,517.59mYoY +236.94%Prior-year period 747.2m

The report states profit growth was mainly affected by investment income; attributable profit growth is not all AI or core-business growth.

Last successful check 27/10, 17:29 · New report needs verification; old comparison excluded · Next check 28/10, 17:08

科大讯飞 / iFLYTEK · 002230 ↗Check OK

Historical operating change: Comparable metrics improved

Quarterly report · Period 2026-07-01 — 2026-09-30 · Official disclosure date 2026-10-20

Revenue · CNY6,564.46mYoY +7.99%Reported YoY; prior amount not reconstructed
Attributable net profit · CNY225.73mYoY +31.05%Reported YoY; prior amount not reconstructed

Uses consolidated statutory attributable profit including non-recurring items, not recurring or standalone AI-cloud profit. Quarterly YoY is as disclosed, without reconstructing prior amounts; also review recurring results and R&D spending in the original. Reported quarterly profit/loss excluding non-recurring items: CNY -126.13m; not double-counted as an extra vote.

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

用友网络 / Yonyou · 600588 ↗Check OK

Historical operating change: Improving · Still loss-making

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-22

Revenue · CNY3,727.1mYoY +4.08%Prior-year period 3,581.05m
Attributable net profit / loss · CNY-928.5mLoss narrows / Profit improvesPrior-year period -944.52m · Non-positive base; amount comparison only

Enterprise software, AI and cloud-services sample. Attributable losses use amount changes, not negative-base growth rates. A narrower loss is not profitability.

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

中国电信 / China Telecom · 601728 / 00728 ↗Check OK

Historical operating change: Comparable metrics declined

Quarterly report · Period 2026-07-01 — 2026-09-30 · Official disclosure date 2026-10-23

Revenue · CNY121,089.47mYoY -3.01%Reported YoY; prior amount not reconstructed
Attributable net profit · CNY6,619.72mYoY -14.65%Reported YoY; prior amount not reconstructed

Diversified carrier with Tianyi Cloud and AI-cloud exposure; consolidated Chinese Accounting Standards data include telecom services, not standalone cloud revenue.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

中国移动 / China Mobile · 600941 / 00941 ↗Check OK

Historical operating change: Comparable metrics declined

Quarterly report · Period 2026-07-01 — 2026-09-30 · Official disclosure date 2026-10-21

Revenue · CNY242,300mYoY -3.43%Prior-year period 250,900m
Attributable net profit · CNY27,300mYoY -12.22%Prior-year period 31,100m

Diversified carrier with Mobile Cloud and AI exposure; Chinese Accounting Standards consolidated quarterly data, not cloud-segment data. Rounded CNY 100m amounts may yield small YoY rounding differences.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

宝信软件 / Baosight · 600845 ↗Historical comparison unavailable

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-20

Revenue · CNY5,631.88mYoY +19.45%Prior-year period 4,714.71m
Attributable net profit · CNY706.78mYoY -0.81%Prior-year period 712.53m

Industrial software, cloud and IDC-services sample; consolidated data, not a pure AI-software company.

Last successful check 27/10, 18:00 · New report needs verification; old comparison excluded · Next check 28/10, 17:29

Quantitative samples: 6 issuers connected for this market; 4 eligible now. Unless explicitly labelled as segment data, consolidated figures are not sector-segment revenue. A single-indicator sample does not imply profitability; coverage is not market-wide.

Sector issuer-news coverage · 7/7 issuers checked · 6 relevant releases in 7 days

Latest 30 entries checked per issuer. Success does not mean new releases today or exhaustive interpretation. Non-quantified updates are context; administrative notices do not determine direction.

Data definitions and coverage limits

Historical comparisons normally use comparable revenue and profit YoY. Meitu uses only advertising-segment revenue, never group profit as a substitute for undisclosed advertising profit. YoY changes below 0.5% are approximately flat; a non-positive prior profit uses amount changes, not invented percentages. Pending new reports, period ends older than 180 days or checks older than 24 hours are excluded from historical totals. Original periods, publication dates, currencies and units are retained; check dates are not report dates.

Official releases must come from verified channels and allowed original URLs, with issuer relevance determined from original titles. Consulting content, media retellings, tutorials and ad cases are excluded. Newly disclosed operating metrics, explicit profit guidance and verified enterprise-adoption data within 7 days inform news impact. Multiple articles do not add issuer votes; supportive and adverse evidence together is labelled mixed. Generic launches, plans and promotions are context only. Old, imprecisely dated, pending or delayed evidence is excluded. No backtested price model or exhaustive announcement coverage is claimed.

Industry tables are checked for exact metrics, periods and units, with releases no older than 30 days. Conflicting drivers yield a cautious, divergent outlook; statistics are not added to issuer votes. Retail is background only and excluded from advertising direction. Verified ad/content-monetization operating releases and quantified risk impacts may remain for 30 days with original dates; one issuer is not the whole sector. Mainland statistics apply only to mainland exposure of HK-listed businesses, not Hong Kong local activity. File upload or relocation dates are not new disclosures.

Limited issuer coverage (not recommendations): 金山办公 / Kingsoft Office · 科大讯飞 / iFLYTEK · 用友网络 / Yonyou · 中国电信 / China Telecom · 中国移动 / China Mobile · 宝信软件 / Baosight · 广联达 / Glodon

Official-source monitoring and verification links · 25

These are enabled official-document channels, not quote feeds.

Verification links only, not connected collection feeds: SEC EDGAR · HKEXnews · SSE disclosures · SZSE disclosures

Logistics & fulfillment

US

Official-news impact assessmentWatch · No one-way call

No qualifying recent directional evidence; old accounts do not predict today’s moves.

Hong Kong

Official-news impact assessmentSupportive news bias

Past 7 days: 1 issuers, 1 supportive / 0 adverse (may overlap); 海丰国际 / SITC · 2026-10-22 — Group revenue 2808.1 USD million; +14.20% YoY

A-shares

Official-news impact assessmentWatch · No one-way call

No qualifying recent directional evidence; old accounts do not predict today’s moves.

Checked 28/10, 15:10 · Every 10 min · UTC+8 · 2 sources pending
Limited samples · Not an index/price forecast · Research only

View evidence and data

Logistics & fulfillment · Latest news

Newest publication first

Latest publication: 28/10/2026 · Last successful check: 28/10, 15:10 · Checked every 10 minutes

Cross-market industry context · Industry statistics, regulatory and platform releases beyond the issuer samples below. At most two headlines per publisher, with original dates and links; not automatic price signals.

  1. 2026年第三季度报告 ↗中国外运 / Sinotrans · Issuer disclosure
  2. National Standard "Basic Requirements for Smart Freight Hubs" Released ↗SAMR · Industry regulation · Government / industry release
  3. 2026年三季度报告 ↗申通快递 / STO Express · Issuer disclosure
  4. 181-2026: Reminder to remain vigilant for Red Imported Fire Ants at imported cargo and container facilities ↗Australian Department of Agriculture, Fisheries and Forestry · Government / industry release

US

Industry focus: Express delivery, shipping, forwarding and cross-border integrated logisticsCovered samples only · Not a broad-market forecast

Research stance: watch without a one-way call, not a neutral price prediction. Continue official-source checks; do not assert an unverified direction.

New issuer evidence: 0 issuers (0 supportive, 0 adverse; may overlap); 0 industry tables explained separately, never counted as issuer votes.

Low confidence; not backtested. Old accounts stay separate and upload dates are not first-release dates. Price and volume are not connected; today’s moves and return probabilities cannot be verified.

Evidence and counter-factors

Expand the monitored official channels and original dates below. Past accounts remain available for historical comparison, not as a new catalyst today.

Recent official releases · Original dates

Official industry context · Not a direct market signal

No eligible new headline links. New company disclosures appear above; coverage is not exhaustive.

Historical fundamentals · Separate from today’s market

3 issuers connected; 3 eligible for historical comparison: 5 improving and 1 declining metrics. Past reporting periods only; not combined into a same-day price verdict.

Financial growth does not imply rising share prices. Historical data may already be priced in; it is not today’s opening-price forecast. Reporting periods and original disclosure dates appear below.

Show historical accounts and original evidence · 3 issuers

Official financial data · Historical operating baseline

UPS · UPS ↗Check OK

Historical operating change: Revenue up · Profit under pressure

Quarterly report · Period 2026-04-01 — 2026-06-30 · SEC filing date 2026-08-05

Revenue · USD22,834mYoY +7.60%Prior-year period 21,221m
Operating profit · USD930mYoY -48.96%Prior-year period 1,822m

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

联邦快递 / FedEx · FDX ↗Check OK

Historical operating change: Comparable metrics improved

Annual report · Period 2025-06-01 — 2026-05-31 · SEC filing date 2026-07-20

Revenue · USD94,720mYoY +7.73%Prior-year period 87,926m
Operating profit · USD5,463mYoY +4.72%Prior-year period 5,217m

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

罗宾逊全球物流 / C.H. Robinson · CHRW ↗Check OK

Historical operating change: Comparable metrics improved

Quarterly report · Period 2026-04-01 — 2026-06-30 · SEC filing date 2026-07-31

Revenue · USD4,934.1mYoY +19.28%Prior-year period 4,136.54m
Operating profit · USD255.74mYoY +18.44%Prior-year period 215.92m

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

Quantitative samples: 3 issuers connected for this market; 3 eligible now. Unless explicitly labelled as segment data, consolidated figures are not sector-segment revenue. A single-indicator sample does not imply profitability; coverage is not market-wide.

Data definitions and coverage limits

Historical comparisons normally use comparable revenue and profit YoY. Meitu uses only advertising-segment revenue, never group profit as a substitute for undisclosed advertising profit. YoY changes below 0.5% are approximately flat; a non-positive prior profit uses amount changes, not invented percentages. Pending new reports, period ends older than 180 days or checks older than 24 hours are excluded from historical totals. Original periods, publication dates, currencies and units are retained; check dates are not report dates.

Official releases must come from verified channels and allowed original URLs, with issuer relevance determined from original titles. Consulting content, media retellings, tutorials and ad cases are excluded. Newly disclosed operating metrics, explicit profit guidance and verified enterprise-adoption data within 7 days inform news impact. Multiple articles do not add issuer votes; supportive and adverse evidence together is labelled mixed. Generic launches, plans and promotions are context only. Old, imprecisely dated, pending or delayed evidence is excluded. No backtested price model or exhaustive announcement coverage is claimed.

Industry tables are checked for exact metrics, periods and units, with releases no older than 30 days. Conflicting drivers yield a cautious, divergent outlook; statistics are not added to issuer votes. Retail is background only and excluded from advertising direction. Verified ad/content-monetization operating releases and quantified risk impacts may remain for 30 days with original dates; one issuer is not the whole sector. Mainland statistics apply only to mainland exposure of HK-listed businesses, not Hong Kong local activity. File upload or relocation dates are not new disclosures.

Limited issuer coverage (not recommendations): UPS · 联邦快递 / FedEx · 罗宾逊全球物流 / C.H. Robinson

Hong Kong

Industry focus: Express delivery, shipping, forwarding and cross-border integrated logisticsCovered samples only · Not a broad-market forecast

Conclusion: verified new evidence is supportive; subsequent earnings and orders must confirm it, without implying rising shares.

New issuer evidence: 1 issuers (1 supportive, 0 adverse; may overlap); 0 industry tables explained separately, never counted as issuer votes.

Low confidence; not backtested. Old accounts stay separate and upload dates are not first-release dates. Price and volume are not connected; today’s moves and return probabilities cannot be verified.

Evidence and counter-factors

New issuer disclosures · Direct evidence

Recent official releases · Original dates

Past 7 days · Direct official context; generic announcements do not automatically determine direction.

Historical fundamentals · Separate from today’s market

4 issuers connected; 4 eligible for historical comparison: 6 improving and 2 declining metrics. Past reporting periods only; not combined into a same-day price verdict.

Financial growth does not imply rising share prices. Historical data may already be priced in; it is not today’s opening-price forecast. Reporting periods and original disclosure dates appear below.

Show historical accounts and original evidence · 4 issuers

Official financial data · Historical operating baseline

顺丰控股 / SF Holding · 002352 / 06936 ↗Check OK

Historical operating change: Revenue up · Profit under pressure

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-29

Revenue · CNY155,506.42mYoY +5.89%Prior-year period 146,858.17m
Attributable net profit · CNY5,501.91mYoY -4.11%Prior-year period 5,737.7m

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

中远海控 / COSCO Shipping Holdings · 601919 / 01919 ↗Check OK

Historical operating change: Revenue up · Profit under pressure

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-29

Revenue · CNY111,921.75mYoY +2.59%Prior-year period 109,099.34m
Attributable net profit · CNY13,418.92mYoY -23.48%Prior-year period 17,536.09m

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

海丰国际 / SITC · 01308 ↗Check OK

Historical operating change: Comparable metrics improved

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-19

Revenue · USD1,842.07mYoY +10.67%Prior-year period 1,664.49m
Statutory net profit (total) · USD680.47mYoY +7.42%Prior-year period 633.45m

Asian container shipping, forwarding and warehousing. Consolidated statutory profit, not retail-parcel fulfillment or standalone ecommerce profit.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

太平洋航运 / Pacific Basin · 02343 ↗Check OK

Historical operating change: Comparable metrics improved

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-06

Revenue · USD1,105.5mYoY +8.52%Prior-year period 1,018.7m
Attributable net profit · USD105mYoY +310.16%Prior-year period 25.6m

Dry-bulk shipping, not container or retail express. Original USD millions rounded to one decimal. Uses attributable profit including vessel disposals, not underlying profit.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

Quantitative samples: 4 issuers connected for this market; 4 eligible now. Unless explicitly labelled as segment data, consolidated figures are not sector-segment revenue. A single-indicator sample does not imply profitability; coverage is not market-wide.

Sector issuer-news coverage · 4/4 issuers checked · 2 relevant releases in 7 days

Latest 30 entries checked per issuer. Success does not mean new releases today or exhaustive interpretation. Non-quantified updates are context; administrative notices do not determine direction.

Data definitions and coverage limits

Historical comparisons normally use comparable revenue and profit YoY. Meitu uses only advertising-segment revenue, never group profit as a substitute for undisclosed advertising profit. YoY changes below 0.5% are approximately flat; a non-positive prior profit uses amount changes, not invented percentages. Pending new reports, period ends older than 180 days or checks older than 24 hours are excluded from historical totals. Original periods, publication dates, currencies and units are retained; check dates are not report dates.

Official releases must come from verified channels and allowed original URLs, with issuer relevance determined from original titles. Consulting content, media retellings, tutorials and ad cases are excluded. Newly disclosed operating metrics, explicit profit guidance and verified enterprise-adoption data within 7 days inform news impact. Multiple articles do not add issuer votes; supportive and adverse evidence together is labelled mixed. Generic launches, plans and promotions are context only. Old, imprecisely dated, pending or delayed evidence is excluded. No backtested price model or exhaustive announcement coverage is claimed.

Industry tables are checked for exact metrics, periods and units, with releases no older than 30 days. Conflicting drivers yield a cautious, divergent outlook; statistics are not added to issuer votes. Retail is background only and excluded from advertising direction. Verified ad/content-monetization operating releases and quantified risk impacts may remain for 30 days with original dates; one issuer is not the whole sector. Mainland statistics apply only to mainland exposure of HK-listed businesses, not Hong Kong local activity. File upload or relocation dates are not new disclosures.

Limited issuer coverage (not recommendations): 顺丰控股 / SF Holding · 中远海控 / COSCO Shipping Holdings · 海丰国际 / SITC · 太平洋航运 / Pacific Basin · 中国外运 / Sinotrans

A-shares

Industry focus: Express delivery, shipping, forwarding and cross-border integrated logisticsCovered samples only · Not a broad-market forecast

Research stance: watch without a one-way call, not a neutral price prediction. Continue official-source checks; do not assert an unverified direction.

New issuer evidence: 0 issuers (0 supportive, 0 adverse; may overlap); 0 industry tables explained separately, never counted as issuer votes.

Low confidence; not backtested. Old accounts stay separate and upload dates are not first-release dates. Price and volume are not connected; today’s moves and return probabilities cannot be verified.

Evidence and counter-factors

Expand the monitored official channels and original dates below. Past accounts remain available for historical comparison, not as a new catalyst today.

Recent official releases · Original dates

Past 7 days · Direct official context; generic announcements do not automatically determine direction.

Historical fundamentals · Separate from today’s market

7 issuers connected; 6 eligible for historical comparison: 8 improving and 4 declining metrics. Past reporting periods only; not combined into a same-day price verdict.

Financial growth does not imply rising share prices. Historical data may already be priced in; it is not today’s opening-price forecast. Reporting periods and original disclosure dates appear below.

Show historical accounts and original evidence · 7 issuers

Official financial data · Historical operating baseline

顺丰控股 / SF Holding · 002352 / 06936 ↗Check OK

Historical operating change: Revenue up · Profit under pressure

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-29

Revenue · CNY155,506.42mYoY +5.89%Prior-year period 146,858.17m
Attributable net profit · CNY5,501.91mYoY -4.11%Prior-year period 5,737.7m

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

中远海控 / COSCO Shipping Holdings · 601919 / 01919 ↗Check OK

Historical operating change: Revenue up · Profit under pressure

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-29

Revenue · CNY111,921.75mYoY +2.59%Prior-year period 109,099.34m
Attributable net profit · CNY13,418.92mYoY -23.48%Prior-year period 17,536.09m

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

申通快递 / STO Express · 002468 ↗Historical comparison unavailable

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-28

Revenue · CNY32,490.56mYoY +29.83%Prior-year period 25,024.53m
Attributable net profit · CNY1,034.87mYoY +128.31%Prior-year period 453.28m

Last successful check 23/10, 16:35 · New report needs verification; old comparison excluded · Next check 29/10, 01:29

韵达股份 / Yunda · 002120 ↗Check OK

Historical operating change: Comparable metrics improved

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-26

Revenue · CNY26,438.61mYoY +6.47%Prior-year period 24,832.92m
Attributable net profit · CNY998.43mYoY +88.82%Prior-year period 528.78m

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

圆通速递 / YTO Express · 600233 ↗Check OK

Historical operating change: Comparable metrics improved

Quarterly report · Period 2026-07-01 — 2026-09-30 · Official disclosure date 2026-10-21

Revenue · CNY19,499.63mYoY +6.72%Reported YoY; prior amount not reconstructed
Attributable net profit · CNY1,454.49mYoY +39.06%Reported YoY; prior amount not reconstructed

Express and air-freight sample; current-quarter data, not year-to-date totals. YoY is reported by the issuer; prior amounts are not reconstructed.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

华贸物流 / CTS International Logistics · 603128 ↗Check OK

Historical operating change: Revenue up · Profit under pressure

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-25

Revenue · CNY9,801.02mYoY +11.73%Prior-year period 8,772.29m
Attributable net profit · CNY221.06mYoY -2.90%Prior-year period 227.68m

International air/ocean forwarding and cross-border integrated logistics; consolidated data, not a standalone ecommerce-fulfillment segment.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

嘉友国际 / Jiayou International · 603871 ↗Check OK

Historical operating change: Revenue under pressure · Profit up

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-26

Revenue · CNY3,966.31mYoY -2.88%Prior-year period 4,083.98m
Attributable net profit · CNY731.14mYoY +30.39%Prior-year period 560.75m

Cross-border land transport, logistics infrastructure and supply-chain trade; not retail-parcel express delivery. Uses consolidated data.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

Quantitative samples: 7 issuers connected for this market; 6 eligible now. Unless explicitly labelled as segment data, consolidated figures are not sector-segment revenue. A single-indicator sample does not imply profitability; coverage is not market-wide.

Sector issuer-news coverage · 9/9 issuers checked · 2 relevant releases in 7 days

Latest 30 entries checked per issuer. Success does not mean new releases today or exhaustive interpretation. Non-quantified updates are context; administrative notices do not determine direction.

Data definitions and coverage limits

Historical comparisons normally use comparable revenue and profit YoY. Meitu uses only advertising-segment revenue, never group profit as a substitute for undisclosed advertising profit. YoY changes below 0.5% are approximately flat; a non-positive prior profit uses amount changes, not invented percentages. Pending new reports, period ends older than 180 days or checks older than 24 hours are excluded from historical totals. Original periods, publication dates, currencies and units are retained; check dates are not report dates.

Official releases must come from verified channels and allowed original URLs, with issuer relevance determined from original titles. Consulting content, media retellings, tutorials and ad cases are excluded. Newly disclosed operating metrics, explicit profit guidance and verified enterprise-adoption data within 7 days inform news impact. Multiple articles do not add issuer votes; supportive and adverse evidence together is labelled mixed. Generic launches, plans and promotions are context only. Old, imprecisely dated, pending or delayed evidence is excluded. No backtested price model or exhaustive announcement coverage is claimed.

Industry tables are checked for exact metrics, periods and units, with releases no older than 30 days. Conflicting drivers yield a cautious, divergent outlook; statistics are not added to issuer votes. Retail is background only and excluded from advertising direction. Verified ad/content-monetization operating releases and quantified risk impacts may remain for 30 days with original dates; one issuer is not the whole sector. Mainland statistics apply only to mainland exposure of HK-listed businesses, not Hong Kong local activity. File upload or relocation dates are not new disclosures.

Limited issuer coverage (not recommendations): 顺丰控股 / SF Holding · 中远海控 / COSCO Shipping Holdings · 申通快递 / STO Express · 韵达股份 / Yunda · 圆通速递 / YTO Express · 华贸物流 / CTS International Logistics · 嘉友国际 / Jiayou International · 中国外运 / Sinotrans · 厦门象屿 / Xiangyu

Official-source monitoring and verification links · 23

These are enabled official-document channels, not quote feeds.

Verification links only, not connected collection feeds: SEC EDGAR · HKEXnews · SSE disclosures · SZSE disclosures

Digital advertising

US

Official-news impact assessmentMixed issuer evidence · Cautious

Past 30 days: 1 issuers, 1 supportive / 1 adverse (may overlap); Meta · 2026-10-22 — Revenue +26.07% YoY

Hong Kong

Official-news impact assessmentMixed issuer evidence · Cautious

Past 30 days: 1 issuers, 1 supportive / 1 adverse (may overlap); 兑吧 / Duiba · 2026-10-14 — Monthly incremental views (lower bounds) July >6.8bn; August >12.6bn; September >26.4bn; no exact growth rate inferred

A-shares

Official-news impact assessmentIssuer pressure · Cautious

Past 30 days: 2 issuers, 0 supportive / 2 adverse (may overlap); 蓝色光标 / BlueFocus · 2026-10-27 — Revenue -1.06% YoY

Checked 28/10, 15:11 · Every 10 min · UTC+8 · 1 sources pending
Limited samples · Not an index/price forecast · Research only

View evidence and data

Digital advertising · Latest news

Newest publication first

Latest publication: 28/10/2026 · Last successful check: 28/10, 15:11 · Checked every 10 minutes

Cross-market industry context · Industry statistics, regulatory and platform releases beyond the issuer samples below. At most two headlines per publisher, with original dates and links; not automatic price signals.

  1. 2026年三季度报告 ↗分众传媒 / Focus Media · Issuer disclosure
  2. 2026年三季度报告 ↗易点天下 / Easy & Digital · Issuer disclosure
  3. 关于2026年前三季度计提资产减值准备的公告 ↗易点天下 / Easy & Digital · Issuer disclosure
  4. 2026年三季度报告 ↗天地在线 / TD Online · Issuer disclosure
  5. 2026年三季度报告 ↗蓝色光标 / BlueFocus · Issuer disclosure

US

Industry focus: Ad platforms, marketing services and content monetizationCovered samples only · Not a broad-market forecast

Outlook: cautious. Only one issuer currently supplies direct operating/risk evidence. Its support and pressure are shown without treating one company’s operations or litigation as a sector-wide trend.

New issuer evidence: 1 issuers (1 supportive, 1 adverse; may overlap); 0 industry tables explained separately, never counted as issuer votes.

Low confidence; not backtested. Old accounts stay separate and upload dates are not first-release dates. Price and volume are not connected; today’s moves and return probabilities cannot be verified.

Evidence and counter-factors

New issuer disclosures · Direct evidence

  • Meta · Newly disclosed operating figures ↗Meta · Original disclosure date 2026-10-22

    Newly disclosed comparable operating figures, used only as recent news evidence. Reporting period 2026-07-01 — 2026-09-30.

    Revenue: +26.07% YoY · Operating profit: -36.75% YoY

    Counter-factors / limits: Year-on-year improvement is not an earnings surprise. The period is historical, the release may already be priced in, and non-recurring items are not fully removed.

Recent official releases · Original dates

Official industry context · Not a direct market signal

No eligible new headline links. New company disclosures appear above; coverage is not exhaustive.

Historical fundamentals · Separate from today’s market

4 issuers connected; 4 eligible for historical comparison: 6 improving and 2 declining metrics. Past reporting periods only; not combined into a same-day price verdict.

Financial growth does not imply rising share prices. Historical data may already be priced in; it is not today’s opening-price forecast. Reporting periods and original disclosure dates appear below.

Show historical accounts and original evidence · 4 issuers

Official financial data · Historical operating baseline

Alphabet · GOOGL / GOOG ↗Check OK

Historical operating change: Comparable metrics improved

Quarterly report · Period 2026-04-01 — 2026-06-30 · SEC filing date 2026-07-23

Revenue · USD119,796mYoY +24.23%Prior-year period 96,428m
Operating profit · USD40,770mYoY +30.38%Prior-year period 31,271m

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

Meta · META ↗Check OK

Historical operating change: Revenue up · Profit under pressure

Quarterly report · Period 2026-07-01 — 2026-09-30 · SEC filing date 2026-10-22

Revenue · USD64,601mYoY +26.07%Prior-year period 51,242m
Operating profit · USD12,988mYoY -36.75%Prior-year period 20,535m

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

The Trade Desk · TTD ↗Check OK

Historical operating change: Revenue up · Profit under pressure

Quarterly report · Period 2026-04-01 — 2026-06-30 · SEC filing date 2026-08-06

Revenue · USD715.06mYoY +3.03%Prior-year period 694.04m
Operating profit · USD101.58mYoY -13.02%Prior-year period 116.78m

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

AppLovin · APP ↗Check OK

Historical operating change: Comparable metrics improved

Quarterly report · Period 2026-04-01 — 2026-06-30 · SEC filing date 2026-08-05

Revenue · USD1,923.69mYoY +52.82%Prior-year period 1,258.75m
Operating profit · USD1,494.28mYoY +56.03%Prior-year period 957.68m

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

Quantitative samples: 4 issuers connected for this market; 4 eligible now. Unless explicitly labelled as segment data, consolidated figures are not sector-segment revenue. A single-indicator sample does not imply profitability; coverage is not market-wide.

Data definitions and coverage limits

Historical comparisons normally use comparable revenue and profit YoY. Meitu uses only advertising-segment revenue, never group profit as a substitute for undisclosed advertising profit. YoY changes below 0.5% are approximately flat; a non-positive prior profit uses amount changes, not invented percentages. Pending new reports, period ends older than 180 days or checks older than 24 hours are excluded from historical totals. Original periods, publication dates, currencies and units are retained; check dates are not report dates.

Official releases must come from verified channels and allowed original URLs, with issuer relevance determined from original titles. Consulting content, media retellings, tutorials and ad cases are excluded. Newly disclosed operating metrics, explicit profit guidance and verified enterprise-adoption data within 7 days inform news impact. Multiple articles do not add issuer votes; supportive and adverse evidence together is labelled mixed. Generic launches, plans and promotions are context only. Old, imprecisely dated, pending or delayed evidence is excluded. No backtested price model or exhaustive announcement coverage is claimed.

Industry tables are checked for exact metrics, periods and units, with releases no older than 30 days. Conflicting drivers yield a cautious, divergent outlook; statistics are not added to issuer votes. Retail is background only and excluded from advertising direction. Verified ad/content-monetization operating releases and quantified risk impacts may remain for 30 days with original dates; one issuer is not the whole sector. Mainland statistics apply only to mainland exposure of HK-listed businesses, not Hong Kong local activity. File upload or relocation dates are not new disclosures.

Limited issuer coverage (not recommendations): Alphabet · Meta · The Trade Desk · AppLovin

Hong Kong

Industry focus: Ad platforms, marketing services and content monetizationCovered samples only · Not a broad-market forecast

Outlook: cautious. Only one issuer currently supplies direct operating/risk evidence. Its support and pressure are shown without treating one company’s operations or litigation as a sector-wide trend.

New issuer evidence: 1 issuers (1 supportive, 1 adverse; may overlap); 1 industry tables explained separately, never counted as issuer votes.

Low confidence; not backtested. Old accounts stay separate and upload dates are not first-release dates. Price and volume are not connected; today’s moves and return probabilities cannot be verified.

Evidence and counter-factors

New issuer disclosures · Direct evidence

  • VOLUNTARY ANNOUNCEMENT BUSINESS UPDATE ON THE AI SHORT DRAMA BUSINESS FOR THE THIRD QUARTER OF 2026 ↗兑吧 / Duiba · Original disclosure date 2026-10-14

    Direct Q3 operating update for AI short-drama monetization. Compares monthly counts and hit rates; views are not converted into ad revenue.

    Monthly incremental views (lower bounds): July >6.8bn; August >12.6bn; September >26.4bn; no exact growth rate inferred · Dramas with monthly incremental views above 100m: July 22 → August 25 → September 32 (monthly only, not H1 cumulative) · Hit rate above 100m views: July 5.7% → August 3.8% → September 4.4%; September vs July -1.3pp · Segment profit update: Management preliminarily expects net profit in July, August and September; amount not disclosed

    Counter-factors / limits: Duiba short-drama segment only, not all HK ad issuers. Unaudited and unreviewed; ad revenue and profit amounts are undisclosed. September hit rate recovered from August but fell versus July. The release is not a profit forecast or guarantee.

Industry background · Excluded from advertising direction

  • 2026年1—9月份社会消费品零售总额增长1.1% ↗国家统计局 / NBS · Published 2026-10-19 · Industry-demand inference, not issuer earnings

    Total retail sales 2026-09: +1.1% YoY · Online goods retail sales 2026-01 — 2026-09: +3.8% YoY · Retail sales of enterprises above designated size 2026-09: -2.1% YoY

    Mainland-business exposure only; not Hong Kong local statistics or all HK-listed operations.

    Counter-factors / limits: Retail is an indirect demand indicator, not ad revenue, marketing budgets or cross-border exports. Above-size and total retail scopes differ; they are not additive votes.

Recent official releases · Original dates

Relevant disclosures within 30 days; only verified operating metrics or risk impacts inform direction, not administrative filings.

Historical fundamentals · Separate from today’s market

5 issuers connected; 5 eligible for historical comparison: 7 improving and 2 declining metrics. Past reporting periods only; not combined into a same-day price verdict.

Financial growth does not imply rising share prices. Historical data may already be priced in; it is not today’s opening-price forecast. Reporting periods and original disclosure dates appear below.

Latest disclosed advertising operating data

These are original-period operating figures, not today’s quotes or votes in the recent-news outlook above. Revenue, ad billings and margins stay separate; they are not summed into a sector total.

微盟集团 / Weimob · 02013 ↗

Period 2026-01-01 — 2026-06-30
Original disclosure 2026-08-18

Targeted-marketing net revenue · CNY408mYoY +20.85%Prior-year period 337.6m
Gross ad billings (not revenue) · CNY7,722.3mYoY -10.45%Prior-year period 8,623.1m

Net revenue mainly comprises rebates and commissions. Gross billings measure ad spend, not additive revenue. Revenue growth and lower billings are both retained.

Last successful check 28/10, 15:08

腾讯控股 / Tencent · 00700 ↗

Period 2026-04-01 — 2026-06-30
Original disclosure 2026-08-12

Marketing Services revenue · CNY43,565mYoY +21.82%Prior-year period 35,762m

Marketing Services revenue; games, fintech and group profit are not advertising substitutes.

Last successful check 28/10, 15:08

Show historical accounts and original evidence · 5 issuers

Official financial data · Historical operating baseline

汇量科技 / Mobvista · 01860 ↗Check OK

Historical operating change: Comparable metrics improved

Half-year report · Period 2026-01-01 — 2026-06-30 · Official file date 2026-10-15

Revenue · USD1,155.54mYoY +23.18%Prior-year period 938.11m
Statutory net profit (total) · USD46.73mYoY +44.75%Prior-year period 32.28m

Uses consolidated statutory net profit, not adjusted or advertising-segment profit. File date comes from the official report path, not the initial earnings announcement.

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

腾讯控股 / Tencent · 00700 ↗Check OK

Historical operating change: Comparable metrics improved

Quarterly report · Period 2026-04-01 — 2026-06-30 · Official disclosure date 2026-08-12

Group revenue · CNY204,785mYoY +10.99%Prior-year period 184,504m
IFRS operating profit · CNY67,276mYoY +11.93%Prior-year period 60,104m

Advertising context: Marketing Services revenue CNY 43565m versus 35762m, YoY 21.82%. Votes use consolidated revenue and IFRS operating profit, including games and fintech, not advertising-segment profit; AI investment effects are not excluded.

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

微盟集团 / Weimob · 02013 ↗Check OK

Historical operating change: Revenue up · Profit under pressure

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-18

Revenue · CNY869.4mYoY +12.11%Prior-year period 775.5m
Statutory net profit / loss (total) · CNY-181.6mLoss widensPrior-year period -47.2m · Non-positive base; amount comparison only

Uses consolidated statutory profit/loss, not adjusted profit as a substitute for losses; includes SaaS, AI and marketing. Negative bases use amount changes; wider losses count as pressure.

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

乐享集团 / Joy Spreader · 06988 ↗Check OK

Historical operating change: Improving · Still loss-making

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-09-25

Revenue · HKD48.5mYoY +445.56%Prior-year period 8.89m
Attributable net profit / loss · HKD-26.76mLoss narrows / Profit improvesPrior-year period -85.56m · Non-positive base; amount comparison only

AI-marketing and advertising-agency group; HKD consolidated figures, not the overseas-marketing segment. Negative bases use loss amount changes; a narrower loss is not profitability or overseas growth.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

美图(广告收入)/ Meitu (advertising revenue) · 01357 ↗Check OK

Historical advertising revenue: Comparable metrics declined

Half-year report · Period 2026-01-01 — 2026-06-30 · Official file date 2026-08-26

Advertising-segment revenue · CNY414.66mYoY -4.36%Prior-year period 433.55m

Only advertising-segment revenue supplies one indicator; same-report continuing operations with restated prior comparatives. No group-profit substitute for undisclosed ad profit, and no whole-company or AI inference. File date is not the initial announcement date.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

Quantitative samples: 5 issuers connected for this market; 5 eligible now. Unless explicitly labelled as segment data, consolidated figures are not sector-segment revenue. A single-indicator sample does not imply profitability; coverage is not market-wide.

Sector issuer-news coverage · 7/7 issuers checked · 1 relevant releases in 30 days

Latest 30 entries checked per issuer. Success does not mean new releases today or exhaustive interpretation. Non-quantified updates are context; administrative notices do not determine direction.

Data definitions and coverage limits

Historical comparisons normally use comparable revenue and profit YoY. Meitu uses only advertising-segment revenue, never group profit as a substitute for undisclosed advertising profit. YoY changes below 0.5% are approximately flat; a non-positive prior profit uses amount changes, not invented percentages. Pending new reports, period ends older than 180 days or checks older than 24 hours are excluded from historical totals. Original periods, publication dates, currencies and units are retained; check dates are not report dates.

Official releases must come from verified channels and allowed original URLs, with issuer relevance determined from original titles. Consulting content, media retellings, tutorials and ad cases are excluded. Newly disclosed operating metrics, explicit profit guidance and verified enterprise-adoption data within 7 days inform news impact. Multiple articles do not add issuer votes; supportive and adverse evidence together is labelled mixed. Generic launches, plans and promotions are context only. Old, imprecisely dated, pending or delayed evidence is excluded. No backtested price model or exhaustive announcement coverage is claimed.

Industry tables are checked for exact metrics, periods and units, with releases no older than 30 days. Conflicting drivers yield a cautious, divergent outlook; statistics are not added to issuer votes. Retail is background only and excluded from advertising direction. Verified ad/content-monetization operating releases and quantified risk impacts may remain for 30 days with original dates; one issuer is not the whole sector. Mainland statistics apply only to mainland exposure of HK-listed businesses, not Hong Kong local activity. File upload or relocation dates are not new disclosures.

Limited issuer coverage (not recommendations): 汇量科技 / Mobvista · 腾讯控股 / Tencent · 微盟集团 / Weimob · 乐享集团 / Joy Spreader · 美图(广告收入)/ Meitu (advertising revenue) · 兑吧 / Duiba · 快手 / Kuaishou · 哔哩哔哩 / Bilibili

A-shares

Industry focus: Ad platforms, marketing services and content monetizationCovered samples only · Not a broad-market forecast

Conclusion: verified new evidence is adverse; watch whether subsequent orders, pricing or margins reverse it.

New issuer evidence: 2 issuers (0 supportive, 2 adverse; may overlap); 1 industry tables explained separately, never counted as issuer votes.

Low confidence; not backtested. Old accounts stay separate and upload dates are not first-release dates. Price and volume are not connected; today’s moves and return probabilities cannot be verified.

Evidence and counter-factors

New issuer disclosures · Direct evidence

  • 蓝色光标 / BlueFocus · Newly disclosed operating figures ↗蓝色光标 / BlueFocus · Original disclosure date 2026-10-27

    Newly disclosed comparable operating figures, used only as recent news evidence. Reporting period 2026-07-01 — 2026-09-30.

    Revenue: -1.06% YoY · Attributable net profit: -3.81% YoY

    Counter-factors / limits: Year-on-year improvement is not an earnings surprise. The period is historical, the release may already be priced in, and non-recurring items are not fully removed.

  • 华扬联众数字技术股份有限公司关于累计诉讼、仲裁事项的进展公告 ↗ST华扬 / Hylink · Original disclosure date 2026-10-20

    Latest litigation update directly discloses estimated profit impact: issuer-specific legal/operating risk. Claims and principal are not treated as earnings losses.

    Issuer-estimated current-period profit impact: Estimated decrease of CNY 32.69 × 10,000; not an ad-revenue change

    Counter-factors / limits: Issuer-specific ST Hylink matter with a small impact; not evidence that the whole A-share ad sector is weakening. Final amount awaits audit. Past accounts, stock prices and this litigation impact remain separate.

Industry background · Excluded from advertising direction

  • 2026年1—9月份社会消费品零售总额增长1.1% ↗国家统计局 / NBS · Published 2026-10-19 · Industry-demand inference, not issuer earnings

    Total retail sales 2026-09: +1.1% YoY · Online goods retail sales 2026-01 — 2026-09: +3.8% YoY · Retail sales of enterprises above designated size 2026-09: -2.1% YoY

    Mainland industry statistics, not an exhaustive listed-company sample.

    Counter-factors / limits: Retail is an indirect demand indicator, not ad revenue, marketing budgets or cross-border exports. Above-size and total retail scopes differ; they are not additive votes.

Recent official releases · Original dates

Relevant disclosures within 30 days; only verified operating metrics or risk impacts inform direction, not administrative filings.

Historical fundamentals · Separate from today’s market

6 issuers connected; 5 eligible for historical comparison: 4 improving and 6 declining metrics. Past reporting periods only; not combined into a same-day price verdict.

Financial growth does not imply rising share prices. Historical data may already be priced in; it is not today’s opening-price forecast. Reporting periods and original disclosure dates appear below.

Latest disclosed advertising operating data

These are original-period operating figures, not today’s quotes or votes in the recent-news outlook above. Revenue, ad billings and margins stay separate; they are not summed into a sector total.

利欧股份 / LEO Group · 002131 ↗

Period 2026-01-01 — 2026-06-30
Original disclosure 2026-08-28

Media agency revenue · CNY8,220.76mYoY +13.53%Reported YoY; prior amount not reconstructed
Media agency gross margin3.97%YoY -0.02 pp
Digital marketing services revenue · CNY114.76mYoY -38.82%Reported YoY; prior amount not reconstructed
Digital marketing services gross margin29.91%YoY +8.70 pp

Segment revenue and margins use the same table. Margin changes are percentage points, not percent growth. Group investment gains are not advertising profit.

Last successful check 28/10, 15:09

省广集团 / GIMC · 002400 ↗

Period 2026-01-01 — 2026-06-30
Original disclosure 2026-08-26

Digital marketing revenue · CNY10,022.19mYoY +21.84%Reported YoY; prior amount not reconstructed
Digital marketing gross margin4.33%YoY -0.46 pp

Segment revenue and margins use the same table. Margin changes are percentage points, not percent growth. Group investment gains are not advertising profit.

Last successful check 28/10, 15:09

Show historical accounts and original evidence · 6 issuers

Official financial data · Historical operating baseline

蓝色光标 / BlueFocus · 300058 ↗Check OK

Historical operating change: Comparable metrics declined

Quarterly report · Period 2026-07-01 — 2026-09-30 · Official disclosure date 2026-10-27

Revenue · CNY18,538.76mYoY -1.06%Reported YoY; prior amount not reconstructed
Attributable net profit · CNY95.45mYoY -3.81%Reported YoY; prior amount not reconstructed

Last successful check 28/10, 15:08 · Next check 28/10, 15:18

易点天下 / Easy & Digital · 301171 ↗Historical comparison unavailable

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-21

Revenue · CNY2,232.35mYoY +28.54%Prior-year period 1,736.75m
Attributable net profit · CNY78.45mYoY -45.34%Prior-year period 143.52m

Last successful check 27/10, 18:09 · New report needs verification; old comparison excluded · Next check 28/10, 17:29

利欧股份 / LEO Group · 002131 ↗Check OK

Historical operating change: Revenue up · Profit under pressure

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-28

Revenue · CNY10,188.38mYoY +5.74%Prior-year period 9,635.33m
Attributable net profit · CNY138.32mYoY -71.07%Prior-year period 478.19m

Diversified digital-marketing and pump-manufacturing group; attributable profit includes investment fair-value and non-recurring effects, not solely advertising.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

浙文互联 / Zhewen Interactive · 600986 ↗Check OK

Historical operating change: Revenue up · Profit under pressure

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-27

Revenue · CNY4,308.51mYoY +16.05%Prior-year period 3,712.61m
Attributable net profit · CNY-133.34mYoY -219.31%Prior-year period 111.77m

Digital-marketing sample; statutory attributable profit/loss includes investment fair-value and other non-recurring effects, not recurring profit.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

省广集团 / GIMC · 002400 ↗Check OK

Historical operating change: Revenue up · Profit under pressure

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-26

Revenue · CNY11,124.96mYoY +19.94%Prior-year period 9,275.39m
Attributable net profit · CNY34.99mYoY -42.50%Prior-year period 60.84m

Integrated marketing and digital advertising; statutory attributable profit includes fair-value and non-recurring effects. Also review recurring profit in the original report.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

因赛集团 / Insight Brand Marketing · 300781 ↗Check OK

Historical operating change: Revenue up · Profit under pressure

Half-year report · Period 2026-01-01 — 2026-06-30 · Official disclosure date 2026-08-26

Revenue · CNY356.31mYoY +14.25%Prior-year period 311.87m
Attributable net profit · CNY18.2mYoY -6.52%Prior-year period 19.47m

Brand marketing and digital-content services; consolidated figures, not standalone overseas-advertising or AI revenue.

Last successful check 28/10, 15:09 · Next check 28/10, 15:18

Quantitative samples: 6 issuers connected for this market; 5 eligible now. Unless explicitly labelled as segment data, consolidated figures are not sector-segment revenue. A single-indicator sample does not imply profitability; coverage is not market-wide.

Sector issuer-news coverage · 12/12 issuers checked · 7 relevant releases in 30 days

Latest 30 entries checked per issuer. Success does not mean new releases today or exhaustive interpretation. Non-quantified updates are context; administrative notices do not determine direction.

Data definitions and coverage limits

Historical comparisons normally use comparable revenue and profit YoY. Meitu uses only advertising-segment revenue, never group profit as a substitute for undisclosed advertising profit. YoY changes below 0.5% are approximately flat; a non-positive prior profit uses amount changes, not invented percentages. Pending new reports, period ends older than 180 days or checks older than 24 hours are excluded from historical totals. Original periods, publication dates, currencies and units are retained; check dates are not report dates.

Official releases must come from verified channels and allowed original URLs, with issuer relevance determined from original titles. Consulting content, media retellings, tutorials and ad cases are excluded. Newly disclosed operating metrics, explicit profit guidance and verified enterprise-adoption data within 7 days inform news impact. Multiple articles do not add issuer votes; supportive and adverse evidence together is labelled mixed. Generic launches, plans and promotions are context only. Old, imprecisely dated, pending or delayed evidence is excluded. No backtested price model or exhaustive announcement coverage is claimed.

Industry tables are checked for exact metrics, periods and units, with releases no older than 30 days. Conflicting drivers yield a cautious, divergent outlook; statistics are not added to issuer votes. Retail is background only and excluded from advertising direction. Verified ad/content-monetization operating releases and quantified risk impacts may remain for 30 days with original dates; one issuer is not the whole sector. Mainland statistics apply only to mainland exposure of HK-listed businesses, not Hong Kong local activity. File upload or relocation dates are not new disclosures.

Limited issuer coverage (not recommendations): 蓝色光标 / BlueFocus · 易点天下 / Easy & Digital · 利欧股份 / LEO Group · 浙文互联 / Zhewen Interactive · 省广集团 / GIMC · 因赛集团 / Insight Brand Marketing · 分众传媒 / Focus Media · 引力传媒 / Gravity · ST华扬 / Hylink · 天龙集团 / Tianlong · 天地在线 / TD Online · 电声股份 / Brandmax

Official-source monitoring and verification links · 35

These are enabled official-document channels, not quote feeds.

Verification links only, not connected collection feeds: SEC EDGAR · HKEXnews · SSE disclosures · SZSE disclosures

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  • E-commerce visuals and content production

    Break a reference image into composition, subject, lighting, materials, text safe area, and constraints to form reviewable, iterable e-commerce image prompts without directly copying brand assets.

  • E-commerce visuals and content production

    Diagnose e-commerce product images using five dimensions: information hierarchy, product recognition, selling points, platform constraints, and experimental hypotheses, and output actionable change orders rather than just aesthetic opinions.

  • E-commerce operations and data analysis

    Establish a unified standard from orders, traffic, ads, products, and fulfillment data to identify profit and growth issues, forming a business analysis with evidence, responsible parties, and next steps.

  • Automation and workflows

    First clarify the boundaries of input, approval, generation, quality inspection, publishing, and rollback, then configure the content production workflow into an auditable n8n blueprint, defaulting to not connecting any external accounts.

  • E-commerce visuals and content production

    Connect requirements, assets, layouts, generation, manual review, platform adaptation, and archiving into a transferable e-commerce visual production standard, reducing rework and version chaos.

  • E-commerce growth and experimentation

    Use samples, variables, evidence, and experiment records to study high-performing images, distinguish correlation from causation, avoid copying competitor assets, and produce verifiable creative hypotheses.

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Location: Las Vegas, USA · Timezone America/Los_Angeles

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For teams serving European retail and ecommerce markets, with a focus on retail transformation and industry connections.

Location: Barcelona, Spain · Timezone Europe/Madrid

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For cross-border sellers and suppliers exploring consumer-product sourcing, marketplace ecosystems and export services.

Location: Shenzhen World Exhibition & Convention Center, Bao'an, China · Timezone Asia/Shanghai

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