Flash News

TREE NEWS reports: Broadcom CEO said AI compute demand will exceed supply over the next two years. The projection points to continued tightness in AI chip and infrastructure capacity, with demand outpacing what the industry can currently deliver. No figures or further details were provided.

TREE NEWS update: Hong Kong Exchanges and Clearing CEO Chan Yiting said in a CEO blog post on October 12 that the exchange is actively studying extending night-session trading hours for derivatives. HKEX is also preparing to include REITs in Stock Connect and to add RMB equity counters to Southbound Stock Connect, and will consult on optimizing listing rules for specialist technology companies and GEM.

TREE NEWS reports: The STAR 50 index, tracking the 50 largest companies on Shanghai’s STAR Market, extended its decline to 2%, with only 9 of its constituents trading higher. The remaining components fell, reflecting broad weakness across the tech-heavy board’s largest listings on the day.

TREE NEWS reports: South Korea’s KOSPI index dropped below the 6,400 mark on Thursday, falling 3.43% during the session. The benchmark’s slide reflects a sharp intraday sell-off in Seoul equities.

TREE NEWS update: Apple COO Sabih Khan visited Foxconn’s Zhengzhou campus in Henan on Oct. 11, touring the iPhone Duo production line’s key processes, the iPhone 18 Pro rear camera module line, the chassis anodizing workshop and the SoC wafer-level sputtering shop. The visit came on the eve of pre-orders for Apple’s first foldable phone, as the company said it is expanding production capacity.

TREE NEWS reports: Domino’s Pizza Enterprises is looking for a permanent head for its Australia and New Zealand business unit. The company is seeking a permanent leader for the division. No further details were provided.

TREE NEWS reports: China’s A-share solar equipment sector rallied sharply, with Shouhang New Energy and Ancai Hi-Tech both hitting their daily limit up. Runze New Energy jumped more than 12%, while Shangneng Electric, Haitai New Energy and Deye shares followed higher. The move marks a broad-based surge across listed Chinese photovoltaic equipment makers.

TREE NEWS reports: China’s A-share CPO and optical communication sector fell in afternoon trading, with Star-Net Ruijie hitting the daily limit down and Xunjiexing dropping over 10%. Dongshan Precision, Yuanjie Technology and Zhongji Innolight each declined more than 5%.

TREE NEWS reports: Samsung Electronics shares fell 3.6% in afternoon trading. The decline marks a sharp intraday move for the South Korean technology giant. No company statement or specific catalyst was cited in the material.

TREE NEWS update: Hong Kong Exchanges and Clearing will add 12 new weekly and monthly stock option classes on November 9, the exchange said. The expansion widens the bourse’s derivatives lineup tied to individual Hong Kong-listed shares, giving investors more expiry dates and strike choices. No further details on the underlying stocks were given.

TREE NEWS update: Beijing police have opened a criminal investigation into companies linked to CreditEase and taken coercive measures against the actual controller and others. The ChiNext and Shenzhen Component indexes each fell more than 1%, while Bank of China and ICBC hit new highs. Premier Li Qiang will attend the opening of the 140th Canton Fair.

TREE NEWS update: China Evergrande and CEG Holdings have signed an exclusivity agreement with a selected bidder for a potential deal involving Evergrande Property Services, with talks running to October 27, 2026. Market reports named PAG as the buyer negotiating final terms for a majority stake. A PAG official declined to comment on October 11.

TREE NEWS reports: Indonesia’s benchmark stock index dropped 1% on the day. No further details on the drivers of the move or the specific index level were provided.

TREE NEWS reports: The Shanghai Composite closed the morning session at 3,809.08, down 0.12%. The Shenzhen Component fell 1.03% to 12,512.10 and the ChiNext Index dropped 1.27% to 3,004.81. The CSI 300 slipped 0.15% to 4,310.86, while the CSI 500 and CSI 1000 lost 1.36% and 1.16% respectively.

TREE NEWS reports: At the midday close on October 12, the Shanghai Composite fell 0.12%, the Shenzhen Component dropped 1.03% and the ChiNext Index lost 1.27%. Bank stocks extended gains, with Bank of China, ICBC and China CITIC Bank hitting record highs, while media names rallied and PCB and agricultural shares declined. More than 4,000 stocks fell across the three exchanges, with half-day turnover at 1.02 trillion yuan.

TREE NEWS reports: Bank of America strategist Michael Hartnett argues in his latest Flow Show that the most bullish event for risk assets before year-end would be a Fed rate hike on Oct. 28, as it would cap runaway long-end Treasury yields. Global central banks have delivered 54 rate hikes in 2026, their first net tightening since September 2023. Cash funds drew $166.4 billion in the week to Wednesday, the largest inflow since April 2020.

TREE NEWS reports: China’s shipping sector fell sharply, with China Merchants Energy Shipping dropping close to its daily limit and Haitong Development, COSCO Shipping Energy Transportation and China Merchants Nanjing Tanker each losing more than 8%. COSCO Shipping Specialized Carriers and Xiamen Port Development also declined.

TREE NEWS reports: China-listed PCB concept stocks fell in a broad decline, with Hongchang Electronics hitting the daily limit down and Jin’an Guoji touching limit down. Huazheng New Material, Xunjiexing, Xianfeng Holdings and Guanghe Technology each dropped more than 6%.

TREE NEWS reports: The ChiNext Index fell 1.5% on the day, dropping below the 3,000-point level. The decline marks a loss of the round-number threshold for the Shenzhen-based growth-enterprise board, which is heavily weighted toward technology and healthcare names.

TREE NEWS reports: The ChiNext Index dropped more than 1% while the Shanghai Composite slipped 0.14% and the Shenzhen Component fell 0.91%, with real estate, semiconductors, computing hardware and precious metals leading the declines. More than 4,300 stocks fell across the Shanghai, Shenzhen and Beijing exchanges.