PRE-MARKET CHINESE STOCKS NEWS: China released draft rules establishing nationwide requirements for automotive parts remanufacturing, including standards for sourcing used components, product quality, traceability and market oversight

Agile Group (3383 HK) - Co. reported September aggregated pre-sales value fell 50% Y/Y to CNY 230mln. (Newswires) China Jushi (600176 CH) - Co. 9M (CNY) net rose 100–110% Y/Y to 5.14–5.39bln (prelim.). (Newswires) China Longyuan Power (916 HK) - Co. reported September power generation rose 71% Y/Y to 5.67TWh. (Newswires) China National Nuclear Power (601985 CH) - Co. reported 9M commercial power generation rose 1.3% Y/Y to 186.7TWh. (Newswires) China Overseas Grand Oceans (81 HK) - Co. reported September contracted revenue fell 12.1% Y/Y to CNY 2.47bln. (Newswires) Country Garden (2007 HK) - Co. reported September contracted sales of CNY 2.28bln (prev. CNY 2.58bln Y/Y). (Newswires) GAC Group (2238 HK) - Co. reported September vehicle production of 136k units (prev. 179k Y/Y). (Newswires) Geely Automobile (175 HK) - Co. established Canadian operations ahead of its planned vehicle launch in the market in 2027. (Newswires) Greenland Hong Kong (337 HK) - Co. reported September YTD contracted revenue rose 29% Y/Y to CNY 6.71bln. (Newswires) Johnson Electric (179 HK) - Co. guided H1 net profit of USD 50–58mln (prev. USD 133mln Y/Y). (Newswires) Luxshare (002475 CH) said the US International Trade Commission launched a ⁠Section 337 investigation into the company and its subsidiary Dongguan Luxshare Technology over patent infringement claims brought by Vicor Corp. (Newswires) Muyuan Foods (002714 CH) - Co. reported September commercial pig sales rose 15.2% Y/Y to 6.4mln. (Newswires) Tangshan Port Group (601000 CH) - Co. expects September YTD cargo throughput to rise 5.1% Y/Y to 189mln tonnes. (Newswires) Tencent Holdings (700 HK) - Co. confirmed plans to conduct a debt offering comprising 10-year, 20-year and 30-year bonds. (Newswires) Other News China will launch an employment initiative aimed at adapting workers' skills to the development of AI. China released draft rules establishing nationwide requirements for automotive parts remanufacturing, including standards for sourcing used components, product quality, traceability and market oversight. China proposed banning fully concealed car door handles and requiring physical controls for certain safety-critical functions as regulators seek to strengthen oversight of vehicle design and product testing. Rules would prohibit foldable and flexible vehicle display screens and require additional safety assessments for a range of innovative designs, while the proposal noted some manufacturers launched products without sufficient testing. China's passenger vehicle sales fell 24% Y/Y to 1.7mln units in September, while new energy vehicle sales declined 12% Y/Y to 1.1mln units. China’s increasing debt burden is constraining Beijing's fiscal capacity for sweeping new stimulus to revive domestic demand and strengthen the economy, according to studies of state finances cited by FT.