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Real-time News
The Czech Association of the Automotive Industry reported that passenger car production in the Czech Republic increased by 0.6% year-on-year to 1,095,937 units from January to September this year.On October 19th, according to Tianyancha, Xiaomi Automotive Technology Co., Ltd.s utility model patent for "range extender, powertrain, and vehicle" was granted on October 16th and is currently valid. The application date is October 27th, 2025. The patent abstract states that the range extender arranges the engine and motor assembly side-by-side, while the generator and motor controller are arranged parallel to the engine axis. This layout can at least avoid increasing the size of the range extender along the engine axis: when the engine is longitudinally mounted, it reduces the longitudinal space occupied by the range extender; when it is transversely mounted, it reduces the lateral space occupied. The motor controller and generator share the space along the engine axis to improve space utilization.On October 19th, Hansoh Pharmaceutical (03692.HK) announced on the Hong Kong Stock Exchange that its wholly-owned subsidiary and Hansoh Bio, LLC have entered into a strategic collaboration and licensing agreement with F. Hoffmann-La Roche Ltd. This strategic collaboration covers a portfolio of antibody-drug conjugate (ADC) projects, including two preclinical ADC projects from Hansoh and several ADC projects developed using Roche-proposed targets and leveraging Hansohs proprietary ADC technology platform. Hansoh will receive an upfront payment of US$400 million and annual payments of US$110 million, and will be eligible to receive potential milestone payments exceeding US$15 billion based on the development, registration, and commercialization progress of these projects, as well as tiered royalties based on potential future product sales.Citigroup lowered its price target for Bank of New York Mellon from $160 to $157.JPMorgan Chase CEO Jamie Dimon: War and cyberattacks are the biggest risks facing the Western world.
