Globavend is trading 8.25% up at $0.89 on October 28, 2026, with no specific catalyst confirmed.
- An October 27 filing announced a newly formed, non-wholly-owned subsidiary, Loomi Shenzhen, to support expansion of its digital entertainment business in mainland China.
- Available reporting does not confirm the filing as the reason for the gain; supplied market context shows only modest index changes, which also do not clearly explain the move.