Flash News

TREE NEWS reports: Margin financing balances in Shanghai and Shenzhen fell by a combined 14.58 billion yuan as of October 9. The Shanghai Stock Exchange’s margin balance dropped 7.00 billion yuan to 1.29 trillion yuan, while the Shenzhen Stock Exchange’s balance declined 7.58 billion yuan to 1.23 trillion yuan, leaving the two-market total at 2.52 trillion yuan.

TREE NEWS reports: CICC said in a research note that a barbell strategy combining technology and dividend stocks is likely to gain importance amid limited aggregate growth, structural strength in select sectors and rising market volatility. On the tech side, CICC recommends companies with clear industry trends, long-term competitive advantages and earnings delivery; on the dividend side, quality firms with stable profit and cash flow, sustainable payouts and reasonable valuations.

TREE NEWS reports: South Korea’s KOSPI index fell more than 1% intraday, with SK Hynix dropping 2.44% and Samsung Electronics down 2.42%. The decline came as the benchmark index’s losses deepened during the session.

TREE NEWS update: Tencent Holdings has proposed an issuance of notes under its global medium term note programme, the company said. No size, pricing, tenor or use of proceeds was disclosed in the announcement. The notes would be issued under the existing programme framework.

TREE NEWS reports: Huatai Securities said in an A-share strategy note that last week’s market volume rose from pre-holiday levels, led by coal, media and oil-petrochemicals, while electronics, telecom and machinery pulled back. It flagged that overseas rates remain elevated, with roughly a 20% probability of an October hike, keeping valuation pressure on long-duration assets. The brokerage advised hunting value along earnings and growth, balancing tech hardware, selected cyclicals and infrastructure, with dividend plays as a base position.

TREE NEWS reports: US equity futures moved higher, with S&P 500 futures up 0.2% and Nasdaq 100 futures up 0.5%. The gains point to a firmer open for Wall Street, with tech-heavy index futures leading the advance.

TREE NEWS reports: Entering the fourth quarter, multiple streams of incremental capital are flowing into Chinese markets against a backdrop of continued policy support and improving fundamentals. Insurance funds, social security funds and other medium- and long-term money are accelerating their entry as a stabilizing anchor, while margin trading and other trading capital keeps flowing in. Foreign capital is also opening channels to increase allocations.

TREE NEWS update: Hong Kong-listed Lygend Resources listed on the Shenzhen Stock Exchange main board, becoming the first company to complete an ‘H-to-A’ listing on that board since the full registration-based IPO system took effect. Other Hong Kong-listed firms including Duality Biologics have updated their A-share listing progress. Wind data shows 38 A-share companies have completed H-share listings this year, lifting the number of dual-listed ‘A+H’ companies.

TREE NEWS reports: Hong Kong-listed company Lygend Resources has officially listed on the Main Board of the Shenzhen Stock Exchange, becoming the first “H-to-A” listing on the Shenzhen Main Board since the implementation of the full registration system. In addition to Lygend Resources, several other Hong Kong-listed companies, including Duality Biologics, have recently updated their progress toward A-share listings. Wind data shows that 38 A-share listed companies have successfully completed H-share listings so far this year, with the number of “A+H” listed companies continuing to grow.

TREE NEWS reports: Hong Kong-listed company Lygend Resources (力勤資源) has recently officially listed on the Shenzhen Stock Exchange Main Board, becoming the first ‘H→A’ listed company on the Shenzhen Main Board since the implementation of the full registration system. In addition to Lygend Resources, several other Hong Kong-listed companies, including InxMed (映恩生物), have recently updated their progress on A-share listings. According to Wind data, 38 A-share listed companies have successfully completed H-share listings so far this year, and the number of ‘A+H’ listed companies continues to grow.

TREE NEWS reports: Wind data shows 82 A-share listed companies received institutional research visits since the start of October, as of October 11. Investors focused on core product R&D progress, the impact of raw material price moves on gross margins, and export business conditions. Companies drawing the most visits included Allist Pharmaceuticals, Aerospace Nanhu, Feilihua, Taihong Wanli and Sinotruk, with electrical equipment, auto parts, application software, chemicals and electronic components among the most-watched sectors.

TREE NEWS reports: Several existing Chinese public dividend-themed funds have issued subscription cap notices, while some new products closed fundraising ahead of schedule, as demand for defensive allocations rises. New dividend-themed products are also being filed and launched, speeding up the sector’s expansion. Some institutions expect dividend assets with strong earnings certainty and ample cash flow to outperform amid volatile markets and a rebalancing between growth and value styles.

TREE NEWS reports: A-shares staged a V-shaped reversal on October 9, with the Shanghai Composite recovering the 3,800 level and broad-based ETFs seeing sharply higher turnover, after a pullback following the National Day holiday. Multiple Chinese brokerages said in strategy notes this week that pessimism has been largely priced in and policy support remains in place, keeping near-term volatility from denting the market’s underlying resilience. With Q3 earnings season opening, brokers see structural repair opportunities in October, with earnings delivery becoming the core pricing anchor.

TREE NEWS reports: Strategy executive chairman Michael Saylor teased further Bitcoin purchases after the company ended September with buybacks of its STRC preferred stock. Investors will have to wait an extra day to learn whether, and how much, Strategy added to its Bitcoin treasury in the first week of October.

TREE NEWS reports: US spot Bitcoin ETFs logged $386.3 million in net outflows over the first seven trading days of October, while Ethereum funds extended their losing streak to nine straight days. Solana ETFs also finished the period in the red, leaving all three crypto ETF categories negative for the month to date.

TREE NEWS update: Yuexin Semiconductor said its RMB-denominated ordinary shares will begin trading on the Shenzhen Stock Exchange’s ChiNext board on October 13, 2026. The chipmaker priced the offering at 12.01 yuan per share, issuing 513 million new shares for a total share count of 2.878 billion before any exercise of the over-allotment option.

TREE NEWS update: Strive CEO Matt Cole posted a chart of the company’s bitcoin holdings on X with the caption “Think ₿igger,” mimicking Michael Saylor’s approach, and hinted that increased BTC holdings data may be disclosed next week. No figures were given in the post.

TREE NEWS update: Michael Saylor posted Bitcoin Tracker information on X on October 11, writing “There’s always room for more orange.” By the pattern seen previously, Strategy typically discloses changes to its bitcoin holdings the day after such a post. The post did not itself specify any purchase or figure.

TREE NEWS update: Michael Saylor posted Bitcoin Tracker information on X on Sunday, saying “there is always more orange space.” The orange dots have previously represented Strategy’s bitcoin purchases, suggesting the company may add to its holdings. Strategy typically discloses changes to its bitcoin position the day after such posts.

TREE NEWS update: CleanSpark has obtained $2.276 billion in financing for its Sandersville data center expansion, a lease agreement expected to generate about $6.6 billion in contracted revenue. The listed bitcoin miner disclosed September output of 529 BTC and sales of 702 BTC — 700 via call option exercises and 2 on the spot market — leaving it holding 13,530 BTC. Average operating hashrate was 36 EH/s with 1.8 GW of contracted power capacity.