PRE-MARKET CHINESE STOCKS NEWS: Chinese lending data topped forecasts
September lending figures beat forecasts for new loans and social financing, while M2 missed; company updates reported varied production, sales, airport, debt, rating and executive developments.
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China Shenhua Energy (1088 HK) - Co. September coal production rose 3.2% Y/Y to 44.5mln tonnes. (Newswires) CXMT Corporation (688825 CH) - China's Anhui provincial party chief reportedly visited the Co. and offered full support, according to US financial press. (Newswires) Gemdale Corporation (600383 CH) - Co. September contracted rev. fell 30.5% Y/Y to CNY 1.55bln. (Newswires) Huaneng Power International (902 HK) - Co. Q3 total electricity sold in China fell 9.9% Y/Y to 113GWh. (Newswires) MMG (1208 HK) - Co. Q3 copper production was flat Y/Y at 111.8k tonnes. (Newswires) New World Development (17 HK) - Co. plans to issue USD 189.1mln in new perpetual notes due December 2032 as part of its debt exchange. (Newswires) Shanghai International Airport (600009 CH) - Co. September Hongqiao Airport passenger throughput rose 3.5% Y/Y to 4.2mln, while cargo throughput rose 2.4% Y/Y to 41k tonnes. (Newswires) Sino-Ocean Group (3377 HK) - Co. September contracted sales fell 74.9% Y/Y to CNY 600mln. (Newswires) Tencent Holdings (700 HK) - Co.'s credit rating was affirmed at A by Fitch, with a stable outlook. (Newswires) XPeng (9868 HK) - Co. CEO Xiaopeng called for deeper global collaboration at the 2026 Paris Automotive Summit, highlighting the company's AI engineering capabilities. (Newswires) Data Recap Chinese New Yuan Loans (Sep) 1,080B vs. Exp. 975B (Prev. 60B) Chinese Total Social Financing (Sep) 3,550B vs. Exp. 3,270B (Prev. 1,660B) Chinese M2 Money Supply (Sep Y/Y) 7.2% vs. Exp. 7.4% (Prev. 7.5%)
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