Flash News

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.

TREE NEWS reports: A-share gold stocks rebounded on Friday, with Baiyin Youse hitting the daily limit up. Hunan Gold, Huayu Mining, Hunan Silver, Zhongjin Gold, Chifeng Gold, and Western Gold also posted strong gains, leading the sector higher.

TREE NEWS update: Shanghai Composite rose 0.43% by midday, led by cultivated diamond and shipping stocks. Hang Seng was flat, Hang Seng Tech fell 0.6%, Hang Seng Biotech gained nearly 1%. China’s August RatingDog services PMI rose to 51.4, with employment growing for four straight months. Uber plans to cut about 10% of global staff.

TREE NEWS update: Chinese optical communications equipment maker Nazhen Technology plans to launch its Hong Kong IPO as early as September 14, targeting a raise of about $800 million. The company is set to list on the Hong Kong Stock Exchange.

TREE NEWS update: Uber announced plans to cut about 10% of its global workforce. The restructuring will see only about 1% of employees working remotely, a 20% reduction in staff positioned seven or more levels from the CEO, and a nearly 50% cut in the number of micro-teams.

TREE NEWS reports: Broadcom reported FY2026 Q3 revenue of $29.591B and adjusted EPS of $3.32, both beating consensus. AI semiconductor revenue surged 221% year-over-year to $16.7B, accounting for 56% of total revenue. However, Q4 revenue guidance of $34.8B missed estimates of $35.03B, while AI semiconductor guidance of $21.7B beat expectations. Management guided FY2027 AI revenue to double to $115B and FY2028 to $230B.

TREE NEWS reports: Bitcoin spot ETFs recorded a net inflow of $101 million on Sept 2, with BlackRock’s IBIT leading at $115 million, bringing its historic total to $63.485 billion. Grayscale’s Bitcoin Mini Trust BTC followed with $30.42 million, raising its historic net inflow to $2.897 billion.

TREE NEWS reports: Shanghai Composite rose 0.43% to 3,958.19 points at midday, while Shenzhen Component gained 0.39% to 13,664.14. ChiNext added 0.43%, CSI 300 rose 0.51%, but STAR 50 slipped 0.04%. CSI 500 and CSI 1000 also advanced.

TREE NEWS update: Chinese equities traded mixed at midday on Tuesday, with the Shanghai Composite up 0.43%, Shenzhen Component up 0.39%, and ChiNext up 0.43%. Cultivated diamond and shipping sectors rallied, with stocks like Huanghe Whirlwind and COSCO Shipping Energy hitting limit-up. However, over 3,000 stocks fell across the three bourses, and turnover reached 1.11 trillion yuan in the morning session.

TREE NEWS reports: Lab-grown diamond concept stocks rallied again in China on [date not specified]. Huanghe Whirlwind hit the daily limit up, while Hensheng Energy had previously sealed its limit. Huifeng Diamond rose over 10%, with Sifangda, Lijian Diamond, and World leading gains.

TREE NEWS reports: Japan’s 10-year government bond yield broke above 3% this week, the highest since September 1996, as markets price a 25bp BOJ rate hike in September. US Treasury Secretary Bessent warned of forced unwinds if yen moves turn disorderly, while analysts see carry-trade unwinding risk as manageable. Japan holds over $1 trillion in US Treasuries, raising concerns about capital repatriation.

TREE NEWS reports: Turnover across the Shanghai, Shenzhen and Beijing stock exchanges surpassed 1 trillion yuan on Wednesday, shrinking by nearly 130 billion yuan compared with the same time the previous day. Full-day turnover is projected to reach only about 1.6 trillion yuan, indicating reduced trading activity.

TREE NEWS reports: The ChiNext Index, tracking China’s growth enterprises on the Shenzhen exchange, turned lower in afternoon trading, erasing an earlier gain of over 1.3%. The reversal reflects weakening market sentiment among tech and startup stocks, with the index slipping into negative territory after a volatile session.

TREE NEWS reports: Japan’s Nikkei 225 edged up 0.2% while the broader Topix gained 1% at the morning close on Monday. The Topix outperformed on strong gains in banking and value stocks, while tech shares weighed on the Nikkei.

TREE NEWS reports: China’s coal sector surged on [date not specified], with Zhengzhou Coal Industry & Electric Power hitting the daily limit up. Shaanxi Black Cat briefly touched the limit, while Hengyuan Coal, Dayou Energy, Huaibei Mining and Shanxi Coking followed gains.

TREE NEWS update: Chinese brokerage stocks rallied on [date], with Guosheng Securities hitting the daily limit, while Changjiang Securities gained over 7%. Other gainers included Shouguang, GF, Hua’an, and BOC Securities.

TREE NEWS reports: Short-drama concept stocks rallied again in China’s A-share market, with Huanshi Century hitting a four-day limit-up and Bonna Film rising in four of the last three sessions. Other stocks including Xingfu Lanhai, Zhongshi Media, Shanghai Film, and Guangxi Media also gained.

TREE NEWS reports: China’s major indices rose on Thursday, with the ChiNext Index up over 1%, the Shanghai Composite adding 0.58%, and the Shenzhen Component gaining 0.78%. Leading sectors included film and short drama, tourism and hotels, precious metals, and CPO. More than 3,700 stocks across Shanghai, Shenzhen, and Beijing advanced.

TREE NEWS reports: A-share liquid cooling concept stocks remained active, with Jitai Group hitting a fourth consecutive daily limit up, while Siquan New Materials surged over 10%. Other gainers included Jindi, Xinpeng, Chaopin San and Xueren Group.

TREE NEWS reports: The Hang Seng Tech Index rose over 1% today. Lenovo Group and Li Auto each gained more than 4%, leading the advance.