Flash News

TREE NEWS update: Unisplendour announced that it expects net profit attributable to shareholders for Q1–Q3 2026 to reach RMB 2.42 billion to RMB 3.06 billion. This represents an increase of 72.38% to 117.97% from RMB 1.404 billion in the same period last year. Non-recurring net profit is expected to rise 43.84% to 87.68%, to RMB 2.1 billion to RMB 2.74 billion. The drivers include AI infrastructure demand, overseas expansion, and the additional acquisition of a 6.98% stake in H3C in May 2026, which raised its holding to 87.98%.

TREE NEWS update: Yutong Bus reported third-quarter 2026 revenue of RMB9.097 billion, down 11.13% year on year, with net profit of RMB1.316 billion, down 3.00%. Non-GAAP net profit rose 22.25% to RMB1.303 billion. For the first three quarters, revenue was RMB25.816 billion, down 2.09%, and net profit RMB3.184 billion, down 3.31%, while non-GAAP net profit gained 18.45% to RMB3.099 billion.

TREE NEWS reports: Hong Kong’s Hang Seng Index closed 0.13% lower, while the Hang Seng Tech Index rose 0.91%. Shein gained about 10%, Meituan about 7%, Xiaomi Group about 5%, and Alibaba and NIO each about 3%.

TREE NEWS update: ASML’s chief financial officer said Terafab has been factored into the company’s expectations for 2027 and beyond, while the exact scale of the opportunity remains under discussion. The CFO said Terafab is explicitly included in ASML’s capacity forecasts. No figure for the opportunity was disclosed.

TREE NEWS update: Jiayuan Technology announced it expects revenue of RMB 12.5 billion to RMB 13.2 billion for the first three quarters of 2026, up 91.13% to 101.83% year on year, with net profit attributable to shareholders of RMB 530 million to RMB 580 million, a rise of 1,196.60% to 1,318.92%. Non-GAAP net profit is forecast at RMB 360 million to RMB 390 million, up 3,065.71% to 3,329.52%. The figures are unaudited.

TREE NEWS update: Robinhood co-founder and CEO Vlad Tenev said on Oct. 14 that Robinhood Social is now open to all users. The feature began as a way to share verified trading records and now lets users post charts, profit-and-loss figures and portfolio allocations, follow traders they trust, and receive real-time news and company updates.

TREE NEWS reports: Combined turnover across the Shanghai and Shenzhen stock exchanges reached 1.4144 trillion yuan (14144.02 billion) on October 14. Shanghai accounted for 662.492 billion yuan, while Shenzhen contributed 751.911 billion yuan. The ChiNext board recorded 361.942 billion yuan in trading volume.

TREE NEWS reports: Bond ETF turnover in China reached 327.65 billion yuan on the day, the third consecutive session above 300 billion yuan, after hitting a record 340.7 billion yuan the previous day. Short-term financing ETF Haitong (511360) led with 69.2 billion yuan, followed by corporate bond ETF E Fund (511110) at 14.28 billion yuan and tech innovation bond ETF Guotai (551800) at 13.57 billion yuan.

TREE NEWS reports: China’s A-share market closed lower on the day, with the ChiNext Index falling 3.1% and the Shenzhen Component dropping 1.97%, while the Shanghai Composite slipped 0.88%. More than 4,400 stocks across the Shanghai, Shenzhen and Beijing exchanges ended in the red, and total turnover exceeded 1.42 trillion yuan. AI comic-drama concept stocks extended gains, while wind-power equipment shares led declines.

TREE NEWS reports: China’s major stock indices closed lower, with the Shanghai Composite falling 0.88% to 3767.23. The Shenzhen Component dropped 1.97% to 12110.59, while the ChiNext Index slid 3.10% to 2866.76. The CSI 300 ended down 1.36% at 4217.68, the STAR 50 fell 3.29% to 1380.26, the CSI 500 lost 1.48% to 6980.11 and the CSI 1000 declined 1.68% to 6905.17.

TREE NEWS reports: Bitcoin fell below $81,000 during Asian trading on October 13 before recovering above $83,000, while South Korea’s KOSPI closed down 5.46% and roughly $800 million in crypto positions were liquidated, 86% of them longs. US spot bitcoin ETFs saw about $681 million in net outflows in the week of October 5-9, and Strategy bought only 250 BTC that week at an average price of $86,194. MSCI’s review of non-operating companies is due by October 16.

TREE NEWS update: Anthropic will disclose its third-quarter financial data to potential investors for the first time on Wednesday local time, as the Claude developer prepares for an IPO. The figures are expected to serve as a key gauge of its revenue growth, profitability and potential valuation. It remains unclear which specific metrics Anthropic will release, or whether its revenue accounting includes income from cloud computing partners.

TREE NEWS reports: Japan’s Nikkei 225 closed 0.05% lower at 67,744.29, while the broader Topix index finished down 0.3% at 4,096.78. The two benchmarks ended the session modestly lower, with the Topix underperforming the Nikkei.

TREE NEWS reports: The ChiNext Index extended its decline to 3%, while the Shanghai Composite slipped nearly 1% and the Shenzhen Component dropped close to 2%. The STAR 50 Index fell nearly 3%, with more than 4,500 stocks across the market in the red. Computing power hardware shares broadly weakened in afternoon trading.

TREE NEWS reports: The ChiNext Index extended its decline to 3%, the Shanghai Composite Index fell nearly 1%, the Shenzhen Component Index dropped nearly 2%, and the STAR 50 Index slid nearly 3%, with more than 4,500 stocks declining across the market. Computing power hardware stocks broadly weakened in the afternoon session.

TREE NEWS reports: The ChiNext Index’s decline widened to 3%, the Shanghai Composite Index fell nearly 1%, the Shenzhen Component Index dropped nearly 2%, and the STAR 50 Index fell nearly 3%, with more than 4,500 stocks declining across the entire market. Computing power hardware stocks weakened broadly in the afternoon.

TREE NEWS reports: South Korea’s KOSPI fell 1% on Monday, with semiconductor shares leading the decline. Chip stocks posted the steepest losses in the index, dragging the benchmark lower. No further figures were immediately available.

TREE NEWS reports: The STAR 50 Index, which tracks the 50 largest companies on Shanghai’s STAR Market, extended its decline to 2%, with only 7 of its constituents trading higher. The broad-based drop left the vast majority of index members in the red.

TREE NEWS reports: South Korea’s KOSPI index reversed into negative territory, wiping out an early gain of as much as 2.6%. The benchmark gave up its morning advance as selling pressure took hold during the session.

TREE NEWS reports: FTSE China A50 index futures extended their decline to 1%. The move marked a widening of losses for the futures contract tracking the 50 largest A-share companies listed on the Shenzhen and Shanghai exchanges. No further details were immediately available.