Flash News

TREE NEWS update: Yunyong International, a person acting in concert with Xingyun Technology’s controlling shareholder and actual controller Wang Weizhi, has accumulated 2.0234 million shares, or 0.22% of total share capital, with a purchase amount of 49.9943 million yuan. The buying has nearly reached the lower limit of the announced increase plan, which has not yet been fully implemented.

TREE NEWS update: Mindray Medical plans a cash dividend of 13.00 yuan per 10 shares (tax included), totaling 1.575 billion yuan, based on total share capital of 1.212 billion shares as of September 30, 2026. The company will not distribute bonus shares or convert capital reserves into share capital. The proposal was disclosed in a company announcement.

TREE NEWS reports: Bitcoin has climbed back above Strategy’s 2026 cost basis of $78,900, analyst Darkfost said on Oct. 29. The company holds 848,517 BTC at an overall average cost of about $75,446. But factoring in all purchases since the start of 2025 plus sales near this summer’s lows, its blended cost is still about $90,600, leaving those buys underwater. Strategy has resumed buying after a pause of several weeks, with no additions last week.

TREE NEWS update: Montage Technology reported net profit attributable to shareholders of RMB 3.237 billion for the first three quarters of 2026, up 98.32% year on year, on revenue of RMB 5.414 billion, up 33.44%. Third-quarter revenue rose 45.97% to RMB 2.079 billion, while Q3 net profit jumped 161.98% to RMB 1.24 billion. Non-GAAP net profit for the nine months reached RMB 2.327 billion, up 58.60%.

TREE NEWS update: BYD Co. reported net profit attributable to shareholders of 10.019 billion yuan for the third quarter of 2026, a year-on-year increase of 28.08%. The Chinese automaker disclosed the figure in its quarterly results. No further details were provided in the disclosure.

TREE NEWS update: Foxit Software reported revenue of 724 million yuan for the first three quarters of 2026, up 7.09% year on year, with net profit attributable to shareholders reaching 47.67 million yuan, a 3292.39% increase. Third-quarter revenue slipped 0.17% to 253 million yuan, while quarterly net profit rose 436.36% to 33.71 million yuan. Subscription revenue continued to grow as a share of the document business, and new orders in the digital services segment climbed 84.19% year on year.

TREE NEWS reports: BYD Electronics reported revenue of 127.458 billion yuan for the first three quarters of 2026, up 3.38% year on year. The figure covers January through September 2026.

TREE NEWS reports: Guangdong Yuexin Semiconductor reported a net loss attributable to shareholders of RMB1.401 billion for the first three quarters of 2026, narrowing 16.91% year on year, while revenue rose 69.45% to RMB3.015 billion. Third-quarter revenue reached RMB1.238 billion, up 70.45% year on year, and the quarterly net loss narrowed 28.03% to RMB349 million. Non-recurring net loss for the nine months was RMB1.589 billion, down 20.47%.

TREE NEWS update: Liangpin Puzi reported third-quarter revenue of 1.29 billion yuan, down 1.63% year on year, while net profit attributable to shareholders reached 544,400 yuan, reversing a net loss of 28.77 million yuan a year earlier. For the first nine months, revenue rose 7.12% to 4.435 billion yuan and net profit attributable to shareholders came to 16.74 million yuan, reversing a 122 million yuan loss in the same period last year.

TREE NEWS reports: Alphabet shares fell more than 10% after its third-quarter revenue of $127.6 billion, up 25% year on year, missed expectations, with advertising revenue of about $82 billion also short of forecasts. Google Cloud revenue jumped 103% to $30.7 billion, while free cash flow came in at negative $9.065 billion. Management said 2027 capital spending will rise significantly.

TREE NEWS update: Binance Futures will list six USDT-margined perpetual contracts tracking traditional finance assets on October 29, 2026, the exchange announced. EWZS goes live at 18:05 (UTC+8), followed by SMR at 18:10, OXY at 18:15, AMGN at 18:20, PFE at 18:25 and MELI at 18:30. All six contracts support up to 20x leverage.

TREE NEWS reports: Industrial Bank reported third-quarter net profit of 19.56 billion yuan, down 1.92% year-on-year, with first-nine-month net profit at 60.69 billion yuan, a 3.79% decline from a year earlier. The Chinese lender’s earnings figures were released without further breakdown.

TREE NEWS update: Muyuan Foods reported a net loss attributable to shareholders of 9.319 billion yuan for the first three quarters of 2026, swinging from a 14.779 billion yuan profit a year earlier. Revenue fell 17.52% to 92.2 billion yuan. In the third quarter alone, revenue declined 7.18% to 32.79 billion yuan and net loss reached 3.241 billion yuan, down 176.28% year-on-year. The company attributed the decline in net profit mainly to lower hog prices.

TREE NEWS reports: Hualu Hengsheng reported third-quarter net profit of 818 million yuan, up 1.63% year on year, with net profit for the first three quarters reaching 3.17 billion yuan, a 33.58% increase. The company attributed the gains mainly to higher prices for some of its products during the period.

TREE NEWS update: Nine active ETFs listed in Shanghai completed fundraising by 3 p.m. on Oct. 29, drawing more than 19.5 billion yuan ($2.7 billion) in subscriptions. The funds began their subscription period on Oct. 23, with each ETF capped at 2 billion yuan, for a combined cap of 18 billion yuan. More than 150,000 investors participated, with institutional investors accounting for about 25% of subscriptions. At least one of the active ETFs began building positions today.

TREE NEWS update: Bai Peng, board chairman and president of Hua Hong Semiconductor, proposed on Oct. 29, 2026, that the company repurchase its RMB-denominated A-shares through the Shanghai Stock Exchange’s centralized bidding system, with total funds of no less than RMB 300 million and no more than RMB 500 million. The repurchase price would not exceed 150% of the average trading price over the 30 trading days before board approval. The shares would be used for cancellation, value maintenance, or future equity incentives and employee stock ownership plans.

TREE NEWS update: Honghui Fruit & Vegetable reported net profit attributable to shareholders of 2.4079 million yuan for the first three quarters of 2026, down 77.66% year-on-year. Revenue for the period fell 11.19% to 625 million yuan, while non-recurring net profit dropped 84.91% to 1.7075 million yuan. In the third quarter alone, revenue declined 11.41% to 207 million yuan and net profit swung to a loss of 2.7611 million yuan, down 171.62%.

TREE NEWS reports: Hong Kong stocks closed lower, with the Hang Seng Index falling 0.59% and the Hang Seng Tech Index dropping 2.84%. Biren Technology fell more than 10%, while Hua Hong Semiconductor declined more than 7%.

TREE NEWS update: Lao Feng Xiang chairman Yang Yi proposed repurchasing 4 million to 8 million B-shares via centralized bidding to reduce registered capital, with the total outlay set at 100 million to 200 million yuan. The price cap is 150% of the 30-trading-day average before board review, and the program would run for 12 months from shareholder approval.

TREE NEWS reports: European stock indexes opened mixed on the session, with the Euro Stoxx 50 down 0.31% while the UK’s FTSE 100 gained 0.19%. France’s CAC 40 was flat and Germany’s DAX was roughly unchanged. The split open left the region’s benchmarks without a clear direction at the start of trading.