CXMT Pushes Into HBM3E, Unitree Q3 Revenue Up 70%, and China's Stock Slide

CXMT reported Q3 net profit of RMB54.4 billion and revenue of RMB118.71 billion, up 613.2% year on year, while Reuters says it has sent HBM3E samples to domestic chip designers with limited production planned within two months despite yields of just 20–30%. Unitree's first post-listing results showed Q3 revenue up 69.9% to RMB665 million as research spending rose roughly 250%. Moonshot launched Kimi K3.1 Pro with a one-million-token context window, then apologized for rate limits and restored a quarter of subscribers' monthly allowance.