Flash News

TREE NEWS reports: Chinese quant private funds including Huanfang, Jiukun and Springs Capital have launched campus recruitment drives at Tsinghua and Peking University since August, with monthly salaries reaching 50,000 yuan and total annual packages up to 800,000 yuan. Springs Capital introduced its Alpha Pioneer program for new graduates, dropping the traditional finance-major requirement in favor of science and engineering backgrounds and quantitative modeling skills.

TREE NEWS reports: China Aluminum International Engineering (Chalieco) reported third-quarter 2026 revenue of 3.932 billion yuan, down 28.77% year on year, with net profit attributable to shareholders of 401,000 yuan, down 97.54%. Non-recurring net profit swung to a loss of 7.894 million yuan. For the first nine months, revenue fell 14.71% to 12.98 billion yuan and net profit slipped 9.58% to 107 million yuan. The company booked losses tied to Suzhou Zhongse Deyuan Environmental Protection Technology entering bankruptcy liquidation.

TREE NEWS update: Biwin Storage said its controlling shareholder, actual controller and chairman Sun Chengsi proposed a share buyback via centralized bidding worth RMB 200 million to 250 million. The maximum repurchase price will not exceed 150% of the average trading price over the 30 trading days before the board approves the plan. All repurchased shares will be cancelled to reduce registered capital, within 12 months of shareholder approval.

TREE NEWS reports: US Bancorp reported third-quarter earnings per share of $1.34, ahead of the $1.32 consensus estimate. The bank also raised its full-year revenue growth guidance to 8%-9%, up from its previous range of 7%-9%.

TREE NEWS update: CATL repurchased 689,500 A-shares on the Shenzhen Stock Exchange on October 15, 2026, at prices ranging from RMB 277.98 to RMB 280 per share, for a total of RMB 192 million, the company disclosed in a filing. The buyback covers the battery maker’s own A-share listing.

TREE NEWS update: Tianfu Communication said its controlling shareholder, Suzhou Tianfu Renhe Investment Management, has proposed a share buyback of no less than RMB 100 million and no more than RMB 150 million at a maximum price of RMB 350 per share. The repurchased shares will be fully cancelled to reduce registered capital, with the program running within six months of shareholder approval.

TREE NEWS update: Xiechuang Data granted 3.9149 million second-class restricted shares to 92 incentive recipients on Oct. 15, 2026, its designated first grant date, at 124.82 yuan per share. The award falls under the company’s equity incentive plan.

TREE NEWS update: BIGGERING (BVI) HOLDINGS CO., LTD., controlling shareholder of Shenzhen-listed WUS Printed Circuit Co., has proposed a cash dividend for 2026 totaling no less than RMB 2.2 billion, and recommended raising the payout progressively in 2027 and 2028 on the 2026 base. The shareholder pledged to vote in favor when the dividend plan is put to the relevant shareholders’ meeting. The proposal is not a board resolution and requires board and shareholder approval before implementation.

TREE NEWS update: Ganfeng Lithium reported net profit attributable to shareholders of RMB 5.012 billion for the first three quarters of 2026, up 19,540.50% from RMB 25.52 million a year earlier. Revenue for the period rose 147.24% to RMB 36.159 billion, while non-recurring net profit reached RMB 4.636 billion versus a RMB 936 million loss last year. Third-quarter net profit was RMB 755 million, up 35.62% year-on-year.

TREE NEWS update: Tmall President Jia Luo said on October 15 at the platform’s Double 11 launch event that the shopping festival cannot return to its early days of blanket 50% discounts across the platform. He said that when the event grew to hundreds of millions of consumers and a million merchants, the goal became real year-lowest offers from merchants rather than flat half-price deals.

TREE NEWS update: Wens Foodstuff Group chairman and controlling shareholder Wen Zhifen proposed a share buyback of 50 million to 100 million yuan for equity incentives, the company said. The repurchase would be completed within six months of board approval of the buyback plan.

TREE NEWS update: Pharmaron Holdings Limited, a party acting in concert with the actual controller of Pharmaron Beijing, completed a 18.373 million-share inquiry transfer at 38.89 yuan per share, for total proceeds of 715 million yuan, equal to 1.00% of the company’s total share capital. Following the transfer, the stake held by the actual controller and its concert parties fell from 17.60% to 16.52%, crossing the 1% integer threshold. The company’s largest shareholder and actual controller remain unchanged.

TREE NEWS reports: BNY Mellon reported third-quarter adjusted revenue of $5.68 billion, beating the $5.57 billion consensus estimate. Adjusted earnings per share came in at $2.37, above the $2.27 expected, while GAAP EPS was $2.34. The bank’s shares rose more than 1% in premarket trading.

TREE NEWS update: Anthropic told potential public-market investors at a closed-door San Francisco meeting that its quarterly revenue reached $16.8 billion, up from about $11.5 billion in the prior quarter, with adjusted profitability and positive quarterly cash flow. The company confidentially filed its S-1 on June 1 and could launch its IPO roadshow as early as the week of November 9, targeting a listing before Thanksgiving. Bankers cited by the New York Times said the raise could exceed $100 billion at a valuation above $2 trillion.

TREE NEWS update: Gao Guangrong, controlling shareholder, actual controller and chairman of Eoptolink, proposed buying back shares via centralized bidding for a total of no less than RMB 800 million and no more than RMB 1 billion. The price will not exceed 150% of the average trading price over the 30 trading days before the board approves the plan. The repurchased shares will fund an equity incentive or employee stock ownership plan, with a 12-month window from board approval.

TREE NEWS reports: JPMorgan said it is keeping its base-case target for the CSI 300 index at 5,200 points for the end of 2026, unchanged from its previous forecast. The bank cited optimism over corporate earnings growth prospects as the reason for holding the level.

TREE NEWS update: Luxshare Precision said it had repurchased 17.6654 million A-shares through centralized bidding as of October 15, 2026, equal to 0.23% of total share capital and 0.24% of A-share capital. The buyback was executed at prices between 50.14 yuan and 65.00 yuan per share, for a total consideration of about 1 billion yuan excluding transaction fees.

TREE NEWS reports: Serenity, known on X as the “white-haired stock guru,” questioned Elon Musk’s recent flurry of interactions with finance-industry KOLs on the platform, saying the attention heightens scrutiny of CoreWeave’s (CRWV) financing risk and fuels fears of over-speculation in AI. She said Musk’s repeated public criticism of Samsung and SK Hynix pricing could make it harder for those companies to raise capital, even if it benefits Tesla and SpaceX long term.

TREE NEWS update: GAC Group’s Yinpai Battery produced its 300,000th battery pack on Wednesday, the company said. Feng Yu, vice president of GAC’s Hyptec Aion business unit, said many automakers’ in-house efforts are limited to pack integration and BMS applications while still sourcing core cells externally, whereas GAC develops everything from materials and cells to packs in-house. He said controlling core battery technology and product definition is needed for healthier development.

TREE NEWS update: Shanghai-listed Fudan Microelectronics said it expects net profit attributable to shareholders of 950 million to 1.15 billion yuan for the first three quarters, up 187.63% to 248.18% year on year, on revenue of 3.45 billion to 3.65 billion yuan, up 14.07% to 20.68%. Recurring net profit is seen at 700 million to 850 million yuan, up 130.97% to 180.47%. The company cited higher revenue and gross margins across product lines, a sharp drop in inventory write-downs and gains on strategic placement shares.