Flash News

TREE NEWS update: Microsoft plans to raise at least $25 billion through a US bond issuance. The company is tapping the investment-grade debt market with the sale, which targets a minimum of $25 billion in proceeds. No further terms, including pricing or maturity, were disclosed.

TREE NEWS reports: GigaDevice reported RMB 20.297 billion in revenue for the first three quarters of 2026, up 197.11% year on year, with net profit attributable to shareholders reaching RMB 11.066 billion, a 921.55% increase. The memory chip maker’s third-quarter report showed private investor Ge Weidong held 16.4467 million shares, unchanged from the half-year report, keeping him the fourth-largest shareholder.

TREE NEWS reports: Microsoft’s premarket share price gain narrowed to 1.3% on Monday, trimming an earlier advance. No further details were immediately available.

TREE NEWS update: Victory Giant Technology plans to invest up to $800 million in its wholly owned Thailand subsidiary and up to $700 million in its Vietnam unit through a Singapore-based wholly owned subsidiary, the company said. The funds will build factories, buy equipment and cover other daily operating needs. The proposal still requires shareholder approval and regulatory filings or approvals.

TREE NEWS update: SWANCOR reported a net loss attributable to shareholders of RMB 255 million for the third quarter of 2026, swinging from a RMB 30.68 million profit a year earlier, with revenue down 18.04% to RMB 406 million. First-nine-month revenue fell 5.51% to RMB 1.209 billion and the net loss reached RMB 422 million. The company attributed higher costs to increased R&D, marketing and supply-chain spending on its consumer embodied-intelligence robotics business, which has not yet recognized revenue.

TREE NEWS update: A feeder fund listed on the Hong Kong Stock Exchange that tracks the STAR Market chip ETF (588200) was approved on Oct 28 and is expected to list on the HKEX on Nov 6. The cross-listing arrangement lets overseas investors trade STAR Market chip-industry assets directly in Hong Kong, giving them easier access to the sector’s supply chain.

TREE NEWS reports: ARK Invest bought about $9.1 million of Robinhood stock on Wednesday, its largest purchase of the shares since April 29. The move follows an early-October sale by the firm of roughly $47.5 million of Robinhood stock between Oct. 6 and Oct. 9, when the shares closed between $107 and $112. The purchase came after Robinhood’s third-quarter earnings, which showed crypto trading revenue down 55% year-over-year to $120 million and crypto trading volume down 38% to $50 billion.

TREE NEWS reports: Bristol Myers Squibb reported third-quarter revenue of $13.07 billion, topping the $12.71 billion consensus estimate. Adjusted earnings per share came in at $1.35, above the $1.12 expected. The company guided full-year revenue to roughly $49.75 billion to $50.25 billion, up from its prior range of about $49 billion to $50 billion.

TREE NEWS update: Shengyi Technology proposed a cash dividend of 6.00 yuan per 10 shares (tax included), based on 2.429 billion shares outstanding as of Sept. 30, 2026 after deducting repurchased shares. The payout is estimated at 1.457 billion yuan, equal to 21.66% of the company’s net profit attributable to shareholders for the first three quarters of 2026.

TREE NEWS update: Zhongji Innolight’s board approved changing the use of 5.6531 million A-shares held in its repurchase account from an employee stock ownership or incentive plan to cancellation and registered capital reduction. After the cancellation, the company’s total share capital will fall from 1.178 billion shares to 1.172 billion shares.

TREE NEWS update: Shengyi Technology had repurchased a cumulative 606,300 shares, or 0.02% of its total share capital, through centralized bidding as of October 29, 2026, the company said. The shares were bought at prices ranging from 93.80 yuan to 102.74 yuan each, for a total outlay of 59.9271 million yuan excluding transaction fees.

TREE NEWS update: Yili Group plans to pay a cash dividend of RMB 0.42 per share (tax included), based on total shares as of the October 22, 2026 record date minus shares held in the company’s repurchase account. Using 6.325 billion total shares less 1.8002 million repurchased shares, the total payout is estimated at RMB 2.656 billion, equal to 30.17% of net profit attributable to shareholders for the first three quarters of 2026.

TREE NEWS update: Eli Lilly reported third-quarter revenue of $24.40 billion, beating expectations of $22.52 billion, with adjusted earnings per share of $7.48 versus $5.59 expected. The company now forecasts full-year adjusted EPS of $35.00 to $36.00, down from its prior $35.50 to $36.50 range, while raising its full-year revenue guidance to $91 billion to $92 billion from $85 billion to $87 billion.

TREE NEWS update: Maxscend Microelectronics plans to buy back 50 million to 100 million yuan of its shares at no more than 99.68 yuan per share, the company said. The repurchased shares will be used for an employee stock ownership plan or equity incentive program, with the buyback period running up to 12 months from board approval. The plan was approved at a board meeting.

TREE NEWS update: Boying Special Welding plans to acquire 55% of Suzhou Luokelai Marine Equipment for a provisional RMB 495 million, valuing the target at RMB 900 million, the company said in a filing. The consideration comprises about RMB 347 million in shares at RMB 25.58 per share and RMB 149 million in cash, plus a supporting fundraising from up to 35 investors. Sellers guaranteed net profit of RMB 75 million, 90 million and 105 million for 2027-2029; Luokelai will become a controlled subsidiary.

TREE NEWS update: Sunwoda Electronic has terminated its planned issuance of H-shares and listing on the Hong Kong Stock Exchange’s main board. The company attributed the decision to a comprehensive consideration of market conditions, its own changes and development plans. No revised timetable or alternative listing venue was disclosed.

TREE NEWS update: Hanxing Venture Capital, a wholly owned subsidiary of Xiaomi, plans to subscribe 1.7 billion yuan ($236 million) for 89.8 million yuan of newly registered capital in Sunwoda Power, giving it a 5.34% stake, Sunwoda said in a filing. After the capital increase and a board reshuffle, Sunwoda will lose control of Sunwoda Power, whose results will no longer be consolidated into its financial statements. Sunwoda Huizhou New Energy’s stake will fall to 22.78% from 24.06%.

TREE NEWS update: Merck reported third-quarter sales of $18.09 billion, topping the $17.31 billion estimate, with earnings per share of $2.04 versus $1.86 expected. The drugmaker raised its full-year adjusted EPS guidance to $2.77–$2.82 from a prior range of $2.66–$2.76. Merck shares rose more than 3% in premarket trading.

TREE NEWS reports: Caterpillar reported third-quarter adjusted earnings per share of $7.20, up from $4.95 a year earlier and above the $7.10 estimate. GAAP EPS came in at $7.13 versus $4.88 a year ago, while revenue rose 17% year over year to $20.68 billion, topping the $20.65 billion estimate. The stock fell 3.5% in premarket trading.

TREE NEWS update: Geely Auto plans to have 150,000 charging stations in place by 2030, including 100,000 smart charging stations and more than 600,000 charging guns, CEO Gan Jiayue said on an Oct. 29 earnings call. The company expects its smart charging network to exceed 3,000 stations by the end of October, 4,000 in November and 6,000 in December, with more than 20,000 guns by year-end. By 2027, Geely targets over 22,000 charging stations and 100,000 smart charging guns.