PRE-MARKET HONG KONG STOCKS NEWS: CTF Services (659 HK) FY26 (HKD) net rose 11% Y/Y to 2.39bln (exp. 2.64bln), rev. rose 12% Y/Y to 27.1bln (exp. 25.5bln); Mainland Chinese markets are closed for holiday

CTF Services (659 HK) - Co. FY26 (HKD) net rose 11% Y/Y to 2.39bln (exp. 2.64bln), rev. rose 12% Y/Y to 27.1bln (exp. 25.5bln). (Newswires) XtalPi (2228 HK) - Co. submitted an IND application to the US FDA for KQTD-126 for chronic intestinal pain associated with IBS and IBD. (Newswires) Automakers - Chinese EV makers and battery manufacturers are negotiating over which party should bear a resumed consumption tax, highlighting pressure on automakers amid weak domestic demand. (SCMP) Other News US President Trump welcomed Chinese President Xi to the White House and described his relationship with Xi as "truly great". Trump said they are encouraging a more balanced trading relationship with China and will discuss security, tech and AI, while adding that decisions made today can promote peace. (Newswires) US President Trump said it is a big day with Chinese President Xi, adding that Super Intelligence will be a big topic of discussion, but he wants to leave it exactly where it is, and that is also China's position, saying "our guardrail is the DoJ". (Newswires) US President Trump said following his meeting with Chinese President Xi that they had a great meeting, while Xinhua reported that the leaders held a small-scale exchange. (Newswires) Chinese President Xi said US-China interests must be aligned and that they are willing to cooperate to counter narcotics, while China will be sending two pandas to the US. (Newswires) US Democratic Senator Slotkin said she would try to get approval for a Chinese car ban on Thursday and believed only one Senator opposes it. (Newswires)