Flash News

TREE NEWS update: Chinese laser and optical equipment maker JPT announced it has received purchase orders worth approximately $163 million from a North American fiber optic connectivity solutions client between January 1, 2026 and the disclosure date. The orders cover MPO/MMC fiber patch cords and Shuffle Box connection boxes, totaling about RMB 1.11 billion excluding tax. The company said order fulfillment is expected to positively impact its cash flow and future operating performance.

TREE NEWS update: Zeekr showed a refreshed 7X for the European market at the Paris Motor Show on October 12, with the model set to go on sale in Germany this month and first customer deliveries scheduled for the first quarter of 2027. The front and rear bumpers and center console have been redesigned, and the driver-assistance system now uses a Bosch solution with automatic parking and optional app-controlled remote parking. The long-range rear-wheel-drive version has a preliminary WLTP range of up to 627 km, while the all-wheel-drive version produces up to 680 hp.

TREE NEWS update: Strategy purchased 250 bitcoin for $21.5 million, bringing its total holdings to 848,250 BTC, the company disclosed. That stack equals roughly 4% of bitcoin’s 21 million supply cap and is worth about $71 billion. The company, formerly MicroStrategy, continues to add to the largest corporate bitcoin treasury.

TREE NEWS update: China Safety Technology (辰安科技) completed a private placement of 69.79 million A-shares to Hefei Guotou at 20.33 yuan per share, raising 1.419 billion yuan. China Securities Depository and Clearing Corp’s Shenzhen branch has accepted the new-share registration materials. Following the issuance, Hefei Guotou directly holds 87.26 million shares, or 28.85%, becoming the controlling shareholder, with the Hefei State-owned Assets Supervision and Administration Commission as the actual controller.

TREE NEWS update: Strategy founder Michael Saylor said the company added 250 BTC and repurchased $192 million of its STRC dollar-denominated preferred stock. As of October 11, 2026, Strategy holds 848,250 BTC alongside $5.5 billion in dollar assets. Saylor put MSTR’s USD duration at 3.5 years based on a BTC price of $82,252, with STRC’s BTC credit spread at 52 basis points.

TREE NEWS reports: Treasury company SkyAI (Nasdaq: SKYA) has sold roughly 1.25 million SOL over the past five days, worth about $138 million, as it liquidates its SOL reserves. On-chain analyst Yu Jin tracked a transfer of 211,623 SOL to Coinbase Prime half an hour before the report, following SkyAI’s announcement that it had sold about 1 million SOL. The company plans to sell its SOL holdings and acquire 95% of its own issued shares.

TREE NEWS update: Bybit has launched USDC-funded trading in more than 1,000 US stocks and ETFs, with Alpaca executing the trades and holding the underlying shares. Eligible users get a brokerage alternative to Bybit’s tokenized xStocks products.

TREE NEWS update: China’s Yuanjie Technology said it expects net profit attributable to shareholders of 403 million to 453 million yuan for the third quarter of 2026, up 578.85% to 659.70% year on year. The company attributed the gain to higher data center revenue, continued growth in CW product shipments on strong demand, high gross margins and a lower expense ratio.

TREE NEWS update: Lianxun Instruments said it expects net profit attributable to shareholders of RMB 1.90 billion to RMB 2.10 billion for the first three quarters of 2026, a year-on-year increase of 1,866% to 2,073%. The company attributed the gain to rapid development of artificial intelligence technology and rising global computing power demand, which accelerated data center construction and drove sales of its communications test instruments and optoelectronic device test equipment.

TREE NEWS update: Shanghai Xinhua Media said its shares rose by the daily limit for 10 consecutive trading sessions from Sept 21 to Oct 12, 2026, gaining 159.51% in total, and will be suspended from trading at the Oct 13 open pending a self-review, resuming after disclosure. The company said its operations and main business are unchanged, and auditing and valuation of its plan to buy 100% of Shanghai Jiemian Cailianshe Technology via share issuance are not yet complete, leaving the deal uncertain. Its latest trailing P/E was 306.79 as of Oct 9, versus an industry average of 18.81.

TREE NEWS update: ST Doushen announced that its wholly owned subsidiary Doushen Hong Kong signed a computing power service agreement with XYZ worth $112 million (about RMB 755 million), excluding applicable taxes, over a 60-month term. Doushen Hong Kong will prepay $45 million after the service order is signed, with the remainder billed and paid monthly. XYZ committed to a monthly cluster availability of no less than 99.5% and will issue monthly service reports.

TREE NEWS update: Changan Automobile said that as of October 9, 2026, it had repurchased 68.235 million A-shares, or 0.68835% of total share capital, for RMB 574 million, at prices between RMB 6.84 and RMB 10.32 per share. The company also bought back 130 million B-shares, or 1.31416% of total share capital, for HK$457 million (about RMB 392 million), at HK$3.10 to HK$4.03 per share. Combined, the repurchases equal 2.00251% of total shares.

TREE NEWS update: JAC Motors said reports that its ultra-luxury Zunjie SUV could be built by Seres, and that the Zunjie SUV plan had been scrapped, are untrue. An internal source at the automaker told reporters the claim was false, while Seres had not responded as of publication. The denial followed recent market speculation about the Zunjie SUV program.

TREE NEWS update: China’s Hybio Pharmaceutical said it expects net profit attributable to shareholders of 430-450 million yuan for the first three quarters of 2026, up 502.65%-530.68% from 71.35 million yuan a year earlier. Revenue is forecast at 1.23-1.25 billion yuan, up 80.06%-82.98%, on rising API sales, while R&D spending on the HY3003 trispecific drug and small nucleic acid programs rose sharply. The figures are unaudited.

TREE NEWS update: Seres disclosed that as of October 12, 2026, its cumulative share buyback totaled 17.5357 million shares, or 1.01% of total share capital, up about 0.11 percentage points from the prior disclosure. The repurchases cost RMB 983 million at prices between RMB 43.99 and RMB 91.00 per share. The bought-back shares will be used to reduce registered capital.

TREE NEWS update: Goertek has terminated the planned spin-off and listing of its subsidiary Goertek Microelectronics on the Hong Kong Stock Exchange’s main board. The Chinese components maker disclosed the decision to abandon the separate Hong Kong listing, ending a process that would have carved out the microelectronics unit as an independently traded company. No reason for the termination or further timetable was given in the disclosure.

TREE NEWS update: Stellantis India, Tata Motors Passenger Vehicles and its subsidiary Tata Passenger Electric Mobility have signed an agreement expanding their partnership into advanced technology and product collaboration. The filing did not disclose financial terms or a timeline for the expanded cooperation.

TREE NEWS update: Dongxing Securities said the Shanghai Stock Exchange has decided to terminate the listing of its A-shares, with the delisting and removal date set for October 19, 2026. The exchange’s delisting decision is dated October 12, 2026, and follows the merger by share exchange in which CICC is absorbing both Dongxing Securities and Xinda Securities. The shares will not enter a delisting consolidation period or be listed on a delisting board.

TREE NEWS reports: Nvidia is in early talks to invest further in or acquire AI model company Reflection AI, possibly by absorbing its team and licensing its technology, with no deal or price announced. Nvidia closed at $229.28 on October 9, down 0.52%. For its fiscal 2027 second quarter ended July 26, 2026, revenue was $96.2 billion, up 106% year on year, with data-center revenue of $89 billion, up 117%.

TREE NEWS update: Kereis announced it is planning to acquire 100% of Shenzhen Honggang Optoelectronic Packaging Technology via share issuance and cash, alongside a supporting fundraising. The target makes optical communication and laser tube shells, gold-tin preforms and hybrid integrated circuit packages; all seven shareholders have signed a letter of intent. Trading in Kereis shares was suspended from the open on October 13, 2026, for up to 10 trading days, with the deal plan due by October 27, 2026.