Flash News

TREE NEWS update: GoPro (GPRO) rose over 13% in premarket trading after announcing a $285 million all-cash acquisition of optical module maker Starman Optical. The deal is expected to expand GoPro’s technology and manufacturing capabilities. Shares surged on the news.

TREE NEWS reports: Hong Kong stocks closed lower on Friday, with the Hang Seng Index down 0.39% and the Hang Seng Tech Index down 1.08%. Shein fell over 8%, while tech stocks mostly weakened, with NetEase and Alibaba each dropping over 2%.

TREE NEWS reports: Snowflake shares jumped over 24% in premarket trading after the company reported a “healthy” earnings report and showed momentum in AI coding. The strong results signal robust demand for its data cloud services amid growing AI adoption.

TREE NEWS reports: Broadcom shares dropped over 2% in premarket trading after the company projected Q4 revenue below market expectations. The semiconductor giant’s weaker-than-anticipated outlook weighed on investor sentiment, reflecting softer demand trends.

TREE NEWS update: Payward, the parent company of crypto exchange Kraken, now plans to list its shares on the stock market by mid-2027. The listing will not occur before the second quarter of 2027, extending a delay that began in March.

TREE NEWS update: GitLab (NASDAQ: GTLB) shares surged over 16% in after-hours trading after reporting fiscal Q2 revenue of $286.3 million, up 21.3% year-over-year and beating consensus of $273.1 million. Adjusted EPS of $0.24 topped estimates of $0.18, and the company raised its full-year revenue guidance to $1.131 billion. Record gross bookings and a rebound in net revenue retention to 117% eased fears that AI coding tools would erode demand for DevSecOps platforms.

TREE NEWS reports: European luxury stocks declined, with shares of LVMH, Kering, and Hermes falling between 1.9% and 2.6%. The move reflects weakness in the sector amid broader market concerns.

TREE NEWS reports: Ether ETFs saw $48 million in outflows on Wednesday, ending a 12-day streak that had attracted $1.62 billion. XRP funds also halted an 11-session inflow run. Meanwhile, Bitcoin funds rebounded, though specific figures were not provided.

TREE NEWS reports: China’s Shanghai and Shenzhen stock exchanges recorded a combined turnover of 1,758.916 billion yuan on September 3. The Shanghai market traded 819.882 billion yuan, Shenzhen 939.034 billion yuan, and the ChiNext board 433.789 billion yuan.

TREE NEWS reports: European stocks opened mixed on [date]. Germany’s DAX rose 0.04%, the UK’s FTSE 100 gained 0.12%, and France’s CAC 40 slipped 0.01%. The Euro Stoxx 50 was up 0.05%.

TREE NEWS reports: China’s three major stock indexes closed slightly higher on Thursday, with the Shanghai Composite up 0.02%, Shenzhen Component up 0.1%, and ChiNext up 0.01%. Total turnover fell below 1.8 trillion yuan to 1.78 trillion yuan, while over 3,500 stocks declined. Liquid cooling concept stocks led gains, with Jitai Co. hitting a four-day limit up.

TREE NEWS reports: China’s A-share innovative drug concept partially recovered on Tuesday, with Qianjin Pharmaceutical hitting the daily limit up in late trading and Dezhan Health earlier sealing the limit. Innovent Biologics, Dizal Pharma and Baili Tianheng led gains.

TREE NEWS update: Sifang Technology’s shares hit the daily limit-down at 13.91 yuan per share, down 10.03%, on Sept. 3, the subscription and payment day for its ‘Sifang Convertible Bond’ rights issue. The company attributed the drop to investors selling shares to fund the subscription, calling it normal based on past cases.

TREE NEWS update: The Securities Association of China has issued a draft best-practice document for securities firm mergers and acquisitions, the first of its kind to cover the entire process. The draft, titled Securities Industry Best Practice No. 7 – Securities Firm M&A (Draft for Comments), was sent to member firms for feedback. It systematically outlines key points from due diligence to integration, drawing on completed merger cases to guide high-quality industry consolidation.

TREE NEWS reports: US stocks rebounded Wednesday after ADP reported August private payrolls grew by just 38,000, below the expected 48,000 and the weakest since January. The Dow rose 0.56%, while the S&P 500 and Nasdaq each gained 0.46%, ending a three-day losing streak. Treasury yields fell and gold rose. However, CME FedWatch still shows a 62.3% chance of a September rate hike, ahead of Friday’s official jobs report.

TREE NEWS reports: Shein’s Hong Kong-listed shares dropped 10% to HK$41.40 on Monday, continuing a recent decline. The fast-fashion retailer’s stock has been volatile since its listing. The move reflects ongoing market sentiment and sector pressures.

TREE NEWS reports: Taiwan’s benchmark TAIEX index fell 0.7% to close at 45,857.66 points on [date]. The decline reflects continued market volatility amid global economic uncertainties.

TREE NEWS reports: China’s major stock indexes turned lower in afternoon trading, with the STAR 50 index extending losses to 1%. Over 3,900 stocks fell across Shanghai, Shenzhen, and Beijing exchanges. In Hong Kong, the Hang Seng Tech Index dropped over 1%.

TREE NEWS reports: China’s major A-share indices turned lower in afternoon trading, with the STAR 50 index extending losses to 1%. Over 3,800 stocks declined across the market, reflecting broad weakness.

TREE NEWS reports: South Korea’s KOSPI index fell 1% on Thursday, reversing an earlier gain of 1.8%, as SK Hynix dropped over 2% and Samsung Electronics fell over 1%. The decline came amid broad market weakness in tech stocks.