Flash News

TREE NEWS update: South Korea’s Supreme Court upheld a lower court ruling that HSBC Holdings did not engage in illegal short selling. The decision finalizes the finding in favor of the bank, closing the case at the country’s highest judicial level.

TREE NEWS reports: The STAR 50 Index dropped more than 2% intraday, led by sharp declines in its constituents. Allist Pharmaceuticals and Yuanjie Semiconductor both fell 20%, Transsion Holdings slid over 13%, and Roborock declined more than 9%. The index tracks the 50 largest companies listed on Shanghai’s STAR Market.

TREE NEWS reports: Shares of Suzhou Dongshan Precision and Yuanjie Semiconductor both fell by the daily limit on the same day, dragging the optical chip index down more than 4%. The two companies are among the most closely watched names in China’s optical chip and optical module supply chain. No reason for the decline was given in the material.

TREE NEWS reports: The ChiNext Index rose more than 1% on the day, reversing an earlier decline of over 0.8%. The index, which tracks growth-oriented companies listed in Shenzhen, swung from a loss to a gain during the session.

TREE NEWS reports: Chinese pharmaceutical and healthcare shares led gains at the market open, with Hite Biopharma, Berry Genomics, Lukang Pharmaceutical, North China Pharmaceutical and Rundu Pharma hitting the daily limit-up in call auction trading. Lianhuan Pharmaceutical and Xiangrikui rose more than 5%.

TREE NEWS reports: China’s benchmark Shanghai Composite Index opened 0.08% lower at 3838.98, while the Shenzhen Component rose 0.07% to 12896.45 and the ChiNext Index gained 0.17% to 3140.46. The CSI 300 slipped 0.06% to 4354.93 and the STAR 50 fell 1.13% to 1512.79. The CSI 500 dropped 0.20% to 7420.44, and the CSI 1000 added 0.11% to 7306.74.

TREE NEWS reports: Taiwan’s benchmark stock index, the TAIEX, closed down 1% at 49,306.18 points. The decline marks a pullback for the Taiwan Stock Exchange weighted index, which tracks the island’s largest listed companies. No further market details were immediately available.

TREE NEWS reports: Hong Kong’s Hang Seng Index opened 0.41% lower at 24,031.66 on the day, while the Hang Seng Tech Index slipped 0.25%. Among individual names, Zhipu fell more than 2%, with XPeng and Baidu each dropping over 1%.

TREE NEWS reports: Singapore’s Straits Times Index extended its decline to 2% on the day, with the benchmark’s losses widening during the session. The move marks a deepening pullback in Singapore equities, with no further details on the drivers or individual constituent moves immediately available.

TREE NEWS reports: CICC said in a research note that A-share investor confidence is expected to recover gradually after the holiday, with the market possibly opening higher. The brokerage cited overseas market performance during the holiday, stable recent domestic economic data and expected support from third-quarter earnings.

TREE NEWS reports: The combined margin financing balance on the Shanghai and Shenzhen stock exchanges stood at 2.532 trillion yuan (25324.19 billion) as of September 30, down 39.052 billion yuan from the previous trading day. The Shanghai bourse reported a balance of 1.2965 trillion yuan, a daily decline of 22.962 billion yuan, while the Shenzhen exchange’s balance fell 16.090 billion yuan to 1.2359 trillion yuan.

TREE NEWS reports: Japan’s Nikkei 225 index extended its intraday decline to 1%, with the drop deepening during the trading session. The move marks a widening of losses for the benchmark Japanese equity gauge, which tracks 225 large-cap companies listed on the Tokyo Stock Exchange. No specific catalyst was cited for the decline.

TREE NEWS update: The Nikkei 225 Index’s intraday decline widened to 1%, with the drop extending further during the trading session. The index tracks 225 large-cap stocks on the Tokyo Stock Exchange and is one of the benchmark indicators for the Japanese stock market. No specific trigger for this decline was mentioned.

TREE NEWS reports: LG Energy Solution shares extended gains to 4% after the battery maker reported third-quarter operating profit above expectations. The better-than-expected result lifted the stock on the session. No further figures were disclosed in the release.

TREE NEWS reports: Japan’s Nikkei 225 opened down 0.2% on Thursday, while South Korea’s Kospi Composite was roughly flat at the open. No further market details were disclosed in the opening data.

TREE NEWS reports: Amazon has cut a small number of jobs, with the layoffs concentrated in its physical stores business, Business Insider reported. The company did not disclose how many positions were affected or which specific teams were impacted. Amazon’s physical stores unit includes Whole Foods, Amazon Fresh and its chain of Go convenience stores.

TREE NEWS reports: LG Energy Solution reported third-quarter operating profit of 756.0 billion won, more than double the 365.5 billion won market estimate. Third-quarter sales came in at 9.64 trillion won, also above the 8.48 trillion won consensus. The South Korean battery maker’s results, released without a specified date, beat expectations on both profit and revenue.

TREE NEWS reports: Broadcom is working to arrange more than $50 billion in financing for the chips OpenAI needs, while SpaceX is seeking $40 billion in financing to buy Nvidia chips. The two reported moves underscore the scale of capital being marshaled for AI compute. Separately, Anthropic launched Claude Haiku 5.5, saying its running costs fell 75%, and OpenAI rolled out GPT-6 to its 1.2 billion ChatGPT users worldwide.

TREE NEWS reports: More than 220 A-share and Hong Kong-listed stocks had been included in Chinese brokerages’ October 2026 “golden stock” model portfolios as of October 7. WuXi AppTec was again the most frequently recommended monthly pick, while Hong Kong names including Tencent Holdings drew relatively high attention. Brokerages’ October selections suggest market pricing is expected to refocus on fundamentals.

TREE NEWS reports: Samsung Electronics reported third-quarter operating profit of 107.4 trillion won, below the 108.67 trillion won analysts had expected. Third-quarter sales came in at 195 trillion won, also short of the 201.9 trillion won consensus estimate.