Flash News

TREE NEWS update: MSCI has adopted index exclusion rules that could remove Strategy, Metaplanet and Upexi from its indexes, the three having previously been identified for deletion under the methodology. The index provider is set to announce its final list on Nov. 11.

TREE NEWS reports: Margin financing balances across the Shanghai and Shenzhen stock exchanges fell by a combined 31.325 billion yuan on October 15 from the previous trading day, to 2.466 trillion yuan. The Shanghai exchange’s balance dropped 14.591 billion yuan to 1.265 trillion yuan, while Shenzhen’s fell 16.734 billion yuan to 1.201 trillion yuan.

TREE NEWS reports: South Korea’s benchmark KOSPI index rose more than 2%. The move marks a gain of over 2% for the Seoul composite index. No further details were immediately available.

TREE NEWS reports: Huatai Securities said in a research note that the Chinese baijiu industry may already be at the bottom of its current downcycle, despite pressure on sales during the 2026 Mid-Autumn peak season. The brokerage cited inventory destocking and a stabilizing price floor as bright spots, and said the sector could recover in two phases: expectation repair before the 2027 Spring Festival, followed by a low-base fundamental rebound during the 2027 Spring Festival and Mid-Autumn peak seasons.

TREE NEWS reports: CICC said in a research note that China’s domestic fundamentals and mid-term logic remain unchanged, and it is not pessimistic about the market’s medium-term direction. The brokerage noted A-shares fell sharply on the previous day amid external disruptions and funding pressure, with short-term headwinds including Middle East tensions, elevated energy prices, high US Treasury yields, and weak trading volumes.

TREE NEWS reports: Japan’s Nikkei 225 opened 0.8% higher, while South Korea’s Kospi opened up 1.8%. The two Asian benchmarks started the session in positive territory, with Seoul’s index posting the larger opening gain.

TREE NEWS update: MSCI has adopted index rules that place Strategy and Metaplanet at risk of removal from its indexes, with a May simulation having flagged both companies for deletion and SharpLink for a watchlist. The index provider will publish its final list on Nov. 11.

TREE NEWS reports: US September PPI rose 6.3% year-on-year, the highest in more than four years, with a 1.3% monthly gain — the largest since March 2022 — as energy PPI surged 10.8% in the month. September retail sales beat expectations at 0.8% month-on-month, but only 0.2% excluding autos and gasoline. The S&P 500 rebounded after three straight declines, the Dow gained over 1%, and chip stocks fell for a seventh session. The IEA agreed to release remaining planned oil reserves.

TREE NEWS reports: Samsung Electronics rose 3.6% and SK Hynix gained 3.7% in pre-market trading on Korea’s Nextrade on Friday. The two chipmakers led early moves on the alternative trading venue ahead of the regular session open. No further details were given in the pre-market quotes.

TREE NEWS reports: Seven Chinese lithium battery supply chain companies had disclosed preliminary results for the first three quarters of 2026 as of October 15, with five posting year-on-year net profit growth and two swinging to profit from a year-earlier loss. The companies include Guangdong Jiayuan Technology, Yunnan Energy New Material, Foshan Plastics Group, Shenzhen Capchem Technology, Shida Shenghua Chemical Group, Qinghai Salt Lake Industry and Shenzhen Highpower Technology.

TREE NEWS reports: Electronic fabric prices continued rising this month, with the 7628 glass cloth model up another 1.5 yuan per meter, G75 electronic yarn up 3,000 yuan per tonne, and the 2116 and 1080 thin cloth models each up 2.5 yuan per meter. The brokerage attributed the increases to tight loom supply, stronger-than-expected downstream demand and rising copper-clad laminate prices. Listed suppliers are adding capacity and upgrading technology toward low-dielectric and low-thermal-expansion products.

TREE NEWS update: Bank of Jiangsu will fully redeem 200 million ‘Suyin You 1’ preferred shares on Nov 30, priced at par plus declared unpaid dividends, retiring capital instruments issued in 2017. China CITIC Bank will redeem 350 million preferred shares issued in 2016 on Oct 26. Wind data shows Everbright, Ping An, China Merchants, Bank of Beijing and Bank of Nanjing have already completed preferred share redemptions this year.

TREE NEWS reports: Tesla’s head of its energy business has left the company. The departure removes the executive overseeing Tesla’s energy storage and solar operations, a segment the company has positioned as a growth driver alongside its automotive unit. No reason was given for the exit, and no successor was named.

TREE NEWS reports: Hong Kong-listed Chinese companies are stepping up plans to list on mainland A-share markets, with Lygend Resources completing its return on September 30. Zhipu, MINIMAX, Yunyinggu Technology, Jingfeng Medical and Paradigm Intelligence are also advancing similar plans. Industry participants attribute the moves to corporate structure, sci-tech attributes and profit cycles, and expect improving mainland-Hong Kong regulatory coordination to widen the path for quality Hong Kong assets to tap onshore valuations and renminbi financing.

TREE NEWS reports: CoreWeave co-founders Michael Intrator, Brian Venturo and Brannin McBee have sold $3.3 billion worth of company stock since its US IPO last year. The three locked in gains as the shares swung on rising credit risk and mounting investor concerns over AI spending.

TREE NEWS update: MSCI has adopted a new framework that could remove Strategy (MSTR) from its global equity benchmarks, effective at the close on November 30. The index provider will exclude companies classified as “non-operating” and apply a financial test that may disqualify Strategy from inclusion. A final removal could pressure the crypto-treasury model the company pioneered and weigh on its share price as the pool of index-tracking holders shrinks.

TREE NEWS update: Porsche unveiled the Mission S, a mid-engine supercar concept positioned above the 911, as part of CEO Michael Leiters’ plan to push the brand further upmarket and restore profit margins. The car can accommodate hybrid or pure combustion power and will be priced “far above” the 911. Porsche aims to challenge Ferrari in the high-end segment, prioritizing scarcity and pricing power over sales volume.

TREE NEWS reports: At the Thursday (Oct. 15) close in New York, S&P 500 futures finished up 0.24% and Dow futures rose 1.08%, while Nasdaq 100 futures fell 0.30%. Russell 2000 futures gained 1.38%.

TREE NEWS reports: MSCI’s emerging markets equity index fell 3.1%, hitting its lowest level since July, while South Korea’s Kospi slid 7.6% to enter a bear market for the second time this year. A developing-nation currency index dropped 0.3%.

TREE NEWS reports: US municipal bonds rallied across the curve on Thursday, with the benchmark 10-year muni yield falling 16 basis points to 3.74% by 4pm New York time — the largest single-day drop in 18 months. The 30-year benchmark yield dropped 15 basis points to 4.97%, also the biggest decline since April 2025. Treasuries of the same maturities rose in tandem as traders sold AI-related stocks and moved into safe havens.