TREE NEWS reports: The combined A+H-share market capitalization of China’s four largest state-owned banks — Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China and China Construction Bank — exceeded 10 trillion yuan for the first time in history. All four rose more than 1% as the banking sector extended its rally. ICBC’s total market value stood at 2.94 trillion yuan, Agricultural Bank at 2.58 trillion, China Construction Bank at 2.35 trillion and Bank of China at 2.15 trillion.
TREE NEWS reports: Chinese ice-snow economy concept stocks rallied during the session, with Longjiang Transport and Bingshan Cold Heat both hitting their daily limit-up. Jingxue Energy Saving, Snowman Group, Changbaishan and Dalian Sun Asia followed with gains. The move reflects a broader rotation into winter-sports-related names in the A-share market.
TREE NEWS reports: Chinese commercial space concept stocks rebounded from early losses, with Shanghai Harbor, Junda Shares, Shanghai Hugong and Shunhao Shares hitting the daily limit-up, while Qianzhao Optoelectronics rose more than 10%. Dianke Lantian, Feiwo Technology and Tianyin Electromechanical also gained. The move marks a recovery after the sector dipped earlier in the session.
TREE NEWS reports: The ChiNext Index and the STAR 50 both dropped more than 3% on the day, while the Shanghai Composite fell 0.7% and the Shenzhen Component lost 1.85%, with computing hardware, semiconductor chips and software services among the biggest decliners. More than 4,400 stocks across the Shanghai, Shenzhen and Beijing markets closed lower.
TREE NEWS reports: The ChiNext Index dropped more than 2% on the day, while the Shanghai Composite fell 0.46% and the Shenzhen Component lost 1.38%. Computing hardware, semiconductor chips and software services led the declines. Nearly 3,800 stocks across the Shanghai, Shenzhen and Beijing exchanges closed lower.
TREE NEWS update: Samsung Electronics said it expects total shareholder returns of 90 trillion to 110 trillion won in 2026, of which 35 trillion won has already been planned or completed. The remaining funds will cover a large-scale share buyback and cancellation program along with cash dividends.
TREE NEWS reports: Chinese shipping stocks rallied at the open, with COSCO Shipping Specialized Carriers touching the daily limit-up. China Merchants Energy Shipping, Chongqing Port, Ningbo Ocean Shipping, Nanjing Port and Tangshan Port also advanced. No specific catalyst was cited in the material.
TREE NEWS reports: South Korea’s KOSPI index fell 2% to 5,891.35, with Samsung Electronics sliding nearly 4%. The decline in the benchmark index was driven by sharp losses in major technology shares, led by the country’s largest electronics maker.
TREE NEWS reports: Hong Kong’s Hang Seng Index opened 0.03% lower, while the Hang Seng Tech Index fell 0.5% at the open. The mixed-to-weak start reflects cautious sentiment in early trading.
TREE NEWS update: Samsung Electronics said it expects to reach a new annual performance high in 2027, with mass production at its Taylor, Texas wafer fab driving foundry business growth. The company did not provide specific revenue or profit figures for the forecast.
TREE NEWS update: Samsung Electronics said AI-driven demand growth in 2027 will far outpace industry supply, with enterprise AI infrastructure capital expenditure expected to reach historic levels as the AI ecosystem expands. The company plans to lead the high-end memory chip market and optimize its AI-driven product portfolio while securing multi-year contracts to build a stable sales base. Its System LSI business plans to expand flagship SoC chip sales in 2027.
TREE NEWS update: Samsung Electronics expects capital expenditure of 84.4 trillion won in 2026, compared with 52.7 trillion won in 2025, with chip capex projected at about 76.8 trillion won for 2026. The figures, disclosed in the company’s guidance, show a sharp increase in spending year over year.
TREE NEWS reports: FTSE China A50 index futures opened 0.15% lower on the latest trading session, extending a 0.06% decline in the previous night session. The early move reflects modest selling pressure on the China large-cap benchmark at the open.
TREE NEWS update: Samsung said it has noted market attention on the price gap between its common and preferred shares and will consider adjusting the proportion of preferred stock in future buybacks. The company did not disclose the size or timing of any repurchase program. The comment addresses a persistent valuation discount between the two share classes.
TREE NEWS update: Samsung plans to announce its shareholder return plan by the end of January and to pay 30 trillion won in cash dividends in the third quarter. The company disclosed the timetable without specifying further details of the program. The dividend figure and the late-January deadline are the key numbers investors will watch.
TREE NEWS reports: Samsung Electronics reported third-quarter net profit of 75.21 trillion won, below the 89.06 trillion won estimate. The company posted operating profit of 107.44 trillion won and sales of 195.25 trillion won for the quarter.
TREE NEWS update: China Evergrande Property Services Group’s shares were suspended from trading on the Hong Kong Stock Exchange at 9:00 a.m. on October 29, 2026, the company said. The halt is pending publication of an announcement containing inside information under the Hong Kong Code on Takeovers and Mergers. No further details were provided.
TREE NEWS reports: Margin financing balances across the Shanghai and Shenzhen stock exchanges rose a combined 2.064 billion yuan to 2.375 trillion yuan as of October 28. The Shanghai exchange’s margin balance increased 3.039 billion yuan to 1.2303 trillion yuan, while the Shenzhen exchange’s balance fell 975 million yuan to 1.14495 trillion yuan.
TREE NEWS update: Microsoft’s cloud revenue surpassed $63 billion, with growth accelerating to 30% year over year, CEO Satya Nadella said on the company’s analyst call. Copilot daily active users rose nearly 50% quarter over quarter and more than fivefold year over year, while customers with over 50,000 Copilot seats grew more than eightfold. Agent-generated pull requests on GitHub rose sixfold in six months and now account for over a third of all PRs on the platform.
TREE NEWS reports: SK Hynix’s share price gain widened to 3% while Samsung Electronics turned positive in the same session. The move marks a rebound in the two South Korean chipmakers’ shares. No further details on the cause of the price action were given.