Flash News

TREE NEWS reports: E Fund ChiNext ETF (159915) and China AMC STAR 50 ETF (588000) each exceeded 10 billion yuan in daily turnover, the first time since August 19 that both broad-based ETFs crossed the 10 billion yuan mark in a single session. The turnover figures make the pair among the most actively traded ETFs in the Chinese market.

TREE NEWS reports: Japan’s Nikkei 225 closed 4.9% lower at 64,425.95, while the broader Topix fell 2.4% to 3,999.34. South Korea’s Kospi dropped 7.6% to close at 5,554.22. The three benchmarks ended the session sharply lower.

TREE NEWS reports: Chinese A-share computing hardware stocks extended losses, with Ruijie Networks dropping more than 10% and Guanghua Technology hitting the daily limit. New Easy (Xinyisheng) fell over 9%, while Deke Li, Zhongji Innolight and Changfei Optical Fiber also weakened.

TREE NEWS update: TSMC said demand is expected to remain strong in the fourth quarter, while taking a cautious approach in formulating its 2027 business plan. The chipmaker gave no specific figures for the quarter or for 2027. The guidance covers both current-quarter demand and longer-term planning.

TREE NEWS reports: TSMC’s US overnight session decline narrowed to 0.6%, after the stock had earlier fallen nearly 3%. The Taiwan chipmaker’s shares pared the intraday drop during the overnight trading session in New York.

TREE NEWS reports: Zizhu Hi-Tech surged to its daily limit-up during intraday trading, staging a “floor-to-ceiling” reversal from limit-down to limit-up, with turnover reaching 439 million yuan. The stock’s sharp swing marked one of the session’s most volatile moves.

TREE NEWS reports: The New Taiwan dollar’s decline against the US dollar widened to 1% on the day, with chip stocks deepening their losses at the same time. The move marks a sharper drop for the currency alongside a selloff in semiconductor equities. No further figures were disclosed.

TREE NEWS reports: China’s A-share battery sector staged a volatile rebound, with Zhengye Technology climbing more than 12% and Jiayuan Technology gaining over 9%. Mengguli, Wuhan Lidian and Lyric Robot also advanced alongside the sector. The move reflects renewed buying interest in battery-chain names after recent swings.

TREE NEWS update: TSMC said it expects fourth-quarter revenue of $52.3 billion to $54.3 billion, above the $50.35 billion market estimate. The chipmaker guided Q4 gross margin at 65%-67%, versus an estimated 66.1%, and operating margin at 56.5%-58.5%, against an estimated 58%.

TREE NEWS reports: TSMC reported third-quarter net income rose 69% to NT$763.1 billion ($23.6 billion), beating analyst estimates, as the chipmaker kept up rapid growth. Quarterly sales climbed 51% to $47 billion, also ahead of expectations. The company said 2025 capital expenditure will reach as much as $64 billion, a record high.

TREE NEWS reports: South Korea’s benchmark KOSPI index extended its decline to 9% and stood at 5,467.66. SK Hynix and Samsung Electronics each fell more than 11% as the selloff accelerated. The index’s drop deepened during the session.

TREE NEWS reports: Broad-base ETFs in China saw a sharp afternoon surge in trading volume, with several funds exceeding their entire previous-day turnover. E Fund ChiNext ETF (159915) traded over 7.1 billion yuan and ChinaAMC STAR 50 ETF (588000) over 5.8 billion yuan. Huatai-PineBridge CSI 300 ETF (510300) topped 4.8 billion yuan, while E Fund STAR 50 ETF (588080) and ChinaAMC SSE 50 ETF (510050) each exceeded 1.6 billion yuan.

TREE NEWS reports: Chinese brokerage shares extended their rally, with Jinlong Co. surging toward its daily limit-up and Hualin Securities having earlier hit the ceiling. Capital Securities, Huaxin Shares, East Money and Compass led the gains. The move marks a renewed push in the A-share brokerage sector.

TREE NEWS reports: Taiwan Semiconductor Manufacturing Co.’s US-listed shares fell as much as 2.7% in overnight trading and were last down more than 2.4%. The move came in off-hours US trading, with no further details disclosed in the material.

TREE NEWS reports: The Taiwan Stock Exchange weighted index closed 3.4% lower at 46,969.87 points. The decline marked a sharp single-session drop for the benchmark.

TREE NEWS reports: South Korea’s KOSPI index fell below the 5,500 level, dropping 8.47% during the session. The decline marks a sharp single-day selloff in the benchmark index.

TREE NEWS reports: TSMC reported third-quarter net profit of NT$763.1 billion, beating the NT$739.49 billion market estimate. Revenue came in at NT$1.49 trillion versus an expected NT$1.46 trillion, while operating profit reached NT$876.45 billion against a NT$854.35 billion estimate. Gross margin was 66.4%, slightly below the 66.5% consensus, and operating margin was 58.7% versus 58.1% expected.

TREE NEWS reports: The ChiNext Index dropped more than 4% in afternoon trading, setting a new low for the year, while the STAR 50 Index fell over 3.5% at the same time. The declines mark a fresh 2024 trough for the growth-focused board as selling pressure persisted through the session.

TREE NEWS reports: Chinese coal shares extended losses, with Zhengzhou Coal Industry & Electric Power hitting the daily limit down. Yunmei Energy, Shaanxi Heimao, Haohua Energy, Dayou Energy and Lanhua Sci-Tech all fell in sympathy. The sector has been weakening steadily, though no specific catalyst was cited for the move.

TREE NEWS reports: Hong Kong-listed large-model stocks declined, with Zhipu and MiniMax each falling more than 10%. The two AI model developers led losses among the city’s listed artificial-intelligence names.