China’s Electronics Makers Double Profits on AI Demand, Lifting Industrial Earnings 15.5%
Electronics added 9.6 points of the 15.5% rise in nine-month industrial profits, and September profits grew 14.4%, up from 4.2% in August.
DAILY BRIEF · 10 STORIES
The October 28, 2026 brief
Alibaba Wins Court Order Shielding Its Lobbyists From a Pentagon Contract Ban
A US judge found the lobbying rule tied to the 1260H list likely breaches Alibaba’s free-speech rights, after all its registered lobbyists withdrew in June.
Anthropic’s IPO Filing Flags China Competition, Taiwan Chip Supply and Export Curbs as Risks
Anthropic’s 94 pages of risk factors cover Chinese open-weight rivals, a Chinese state-backed hacking campaign and a June US export curb on its models.
DeepSeek Steps Up Hiring as It Pitches Investors a New Growth Plan
A person close to the company told Ifeng Tech the plan includes a major team expansion, as DeepSeek nears a funding round of about RMB100 billion.
Ant Group’s LingGuang 2.0 AI Assistant Keeps Working After the Chat Ends
With user permission, the upgraded assistant remembers across sessions, watches Alipay bills and flight prices, and keeps tasks running on a cloud host.
Baidu Open-Sources an AI Model That Reads Hundred-Page Documents in One Pass
Unlimited OCR 2 has 3 billion parameters and an MIT license, and in Baidu’s demonstration it read all seven Harry Potter books, over 3,600 pages, at once.
Xiaomi Picks 21 Joints for Its Robot Hand After Studying 1,827 Factory Tasks
Simulations of real car-plant tasks showed hands with 17 to 21 joints grasp 15% to 38% more reliably than simpler designs, with gains fading above 23.
Z.ai Jumps 8.9% on Anthropic’s Filing as China’s AI Hardware Stocks Fall
Korean and Japanese chip suppliers rallied on October 27 while the CSI 300 fell 1.3%, with China’s listed model developers the main exception.
AGIBOT Tests Robots That Teach Themselves on the Job in a Convenience Store
Its Genie Master framework lets G2 robots trace their own failures and fix them, and six of them will run a store for 24 hours from November 2.
Robot-Skin Startup MoSense Raises RMB100 Million-Level Round Months After Its Founding
CDH Investments and Oasis Capital led the angel-plus round, joined by robot maker LimX Dynamics, three months after HongShan, Hillhouse and AGIBOT backed it.