PRE-MARKET CHINESE STOCKS NEWS: Brussels is reportedly open to developing a new trade instrument featuring a potential "kill switch" that would allow the EU to quickly exclude Chinese companies from its market

China Eastern Airlines (670 HK) - Co. reported September passenger load factor of 87.4%. (Newswires) China Southern Airlines (1055 HK) - Co. reported September passenger load factor of 85.9%. (Newswires) CK Asset Holdings (1113 HK) - Co. dismissed as fake news reports claiming that Li Ka-shing had died. (Newswires) COSCO SHIPPING Holdings (1919 HK) - US Republican lawmakers are reportedly seeking to have the Department of Homeland Security revoke the Co.'s access to US ports. (Newswires) HSBC Holdings (5 HK) - Co. reportedly plans to double its Hong Kong AI team to 300 employees, accelerating expansion ahead of its Singapore plans. (SCMP) Mongolian Mining Corporation (975 HK) - Co. Q3 gold sales rose 710% Y/Y to 11.85k oz, ore mined rose 212% Y/Y to 414.9k tonnes, ROM coal mined rose 33% Y/Y to 4.79k tonnes and ROM coking coal rose 19% Y/Y to 2.50k tonnes. (Newswires) Tencent (70 HK) - AI agents on Tencent Cloud attempt to break into Alibaba's (9988 HK) AMAP. (SCMP) Xpeng (9868 HK) - Co. plans to integrate Google Play into its vehicles from early 2027. (Newswires) Trade Brussels is reportedly open to developing a new trade instrument featuring a potential "kill switch" that would allow the EU to quickly exclude Chinese companies from its market, according to discussions among EU leaders on Thursday. Other News PBoC Governor reiterated that China would maintain a moderately loose monetary policy. (Newswires) China's Finance Minister Lan Fo'an said the domestic economy continues to show a stable and positive trend, but protectionism and geopolitical risks are weighing on growth; China will implement more proactive fiscal policy and urged greater G20 policy coordination to support growth. (Newswires)