Flash News

TREE NEWS reports: The Hang Seng Index main futures contract closed its night session down 0.69% at 24,422 points. The Hang Seng Tech Index futures night session fell 0.59% to 4,233 points.

TREE NEWS reports: Investor and shareholder Artisan Partners has called on UBS Group to move out of Switzerland, citing the country’s stricter capital regime. The asset manager, which holds a stake in the bank, argued that the tougher Swiss capital requirements make remaining in the jurisdiction untenable. The push adds pressure on UBS over its post-Credit Suisse regulatory burden.

TREE NEWS reports: Sycamore Partners is in talks with the billionaire Weston family to acquire UK pharmacy chain Boots, in a deal valuing the company at about $9 billion including debt. The transaction would hand the British health-and-beauty retailer to the private equity firm and the family behind Associated British Foods. No terms beyond the valuation were disclosed.

TREE NEWS reports: Shares of biopharmaceutical company Liquidia Corporation fell as much as 53% after trading resumed, the company’s stock exchange said. The sharp decline came as the stock reopened for trading following a halt. No further details on the reason for the move were immediately available.

TREE NEWS reports: Bitcoin ETFs took in $66 million on Tuesday, matching August’s nine-day run of consecutive daily inflows and surpassing it in total dollars. The streak now stands at nine sessions, leaving open the question of how long it can stay alive.

TREE NEWS reports: Prediction market platform Kalshi is in advanced talks to raise about $1 billion at a valuation of roughly $40 billion, led by Sequoia Capital and Wellington Management, with Tiger Global Management and Dragoneer Investment Group possibly participating. The round follows Kalshi’s $1 billion Series F in May, which valued the company at $22 billion.

TREE NEWS update: MSCI has rolled out a new suite of indices built around the AI supply chain, letting institutional investors allocate to and hedge specific segments such as physical and digital infrastructure and AI applications rather than betting on the sector as a whole. MSCI index head Jana Haines said investors increasingly want granular cuts by industry, size, market cap and country. Bain estimates the compute needed for current AI infrastructure would require about $6 trillion in annual industry revenue by 2031, versus roughly $1.2 trillion from existing and known AI applications.

TREE NEWS update: Cambricon disclosed that former vice general manager Liang Jun, who left the company in early 2022, has expanded his equity-incentive lawsuit against it to 27.832 billion yuan, up from an earlier claim of 4.287 billion yuan. The case has been filed but not yet heard, and the company said it will actively defend its legal rights.

TREE NEWS update: Robinhood has opened AI agents that can monitor markets and trade automatically around the clock, the retail brokerage known as a hub for US retail traders said. The rollout puts agentic trading directly in the hands of retail users. Separately, DeepSeek open-sourced an Ascend-based AI toolkit aimed at Nvidia’s CUDA, with performance approaching hardware limits.

TREE NEWS reports: Shanshui Technology hit its daily limit for a third straight session on Sept 30, while Yabang shares locked a second consecutive limit-up, as China’s dye sector rallied on the peak-season textile stocking wave. H-acid, a key reactive-dye intermediate, has doubled in price this year, with leading producer Yadong Longxing quoting 200,000 yuan per ton versus 150,000 yuan on Sept 1. Listed dye makers said the run-up is driven mainly by raw material costs rather than downstream demand.

TREE NEWS reports: US equity futures moved higher following the release of US economic data, with Nasdaq futures up 0.48%, S&P 500 futures up 0.50% and Dow futures up 0.49% intraday. Spot gold rose 0.62% to $4,207.75 an ounce, while the 2-year Treasury yield extended its decline, falling 4.57 basis points to 4.843%.

TREE NEWS update: Micron reports fiscal Q4 2026 results after the US close on Sept 30, with company guidance of $50bn revenue (±$100mn) and non-GAAP EPS of $31 (±$1). Consensus sits at about $51.07bn revenue and $31.52 adjusted EPS. D.A. Davidson’s Gil Luria reiterated a $2,000 target, while Michael Burry swapped his short for June-dated $500 puts.

TREE NEWS update: CATL unveiled a draft 2026 second employee stock ownership plan for its A-shares, with a transfer price of 158.42 yuan per share including reserved shares. The plan covers 5,960 mid-level managers and core staff, with total funding of up to 1.28 billion yuan for no more than 8.0816 million shares, or 0.175% of its 4.627 billion-share total capital. The 60-month plan vests in three tranches with 12-month lock-ups each, unlocking 30%, 30% and 40%.

TREE NEWS update: Robinhood is adding perpetual futures, weekend stock trading and AI-driven trading tools as it pushes further into crypto, part of its effort to build an “everything app.” The brokerage’s latest product expansion deepens its crypto offerings and extends equities trading beyond standard market hours.

TREE NEWS update: Shenzhen Xinjiangnan Investment Co., a shareholder of Great Wall Securities, plans to reduce its holding by no more than 1.5% of the company’s total share capital. The reduction window runs from October 29, 2026 to January 28, 2027, with the stated reasons being business development needs and funding requirements.

TREE NEWS update: Guotai Haitong Securities said Vice President Han Zhida resigned due to a job transfer, with the resignation effective when his letter was delivered to the board on September 30, 2026. His original term would have run to April 3, 2028. He will hold no posts at the company or its controlled subsidiaries after leaving.

TREE NEWS reports: Moderna shares fell 6.2% in premarket trading after Citigroup downgraded the stock to Sell from Neutral. The downgrade is the sole driver cited for the premarket move, with no other details disclosed in the initial report.

TREE NEWS update: Evergrande Property Services said its liquidators have received proposals from several potential buyers and that China Evergrande and CEG Holdings have signed an exclusivity agreement with a selected bidder for exclusive negotiations running to October 27, 2026. Discussions continue and the parties are negotiating terms of a formal sale and purchase agreement. No formal agreement has been signed and no signing date has been set.

TREE NEWS reports: US stock index futures all turned lower, with Dow Jones futures down 0.06%, S&P 500 futures down 0.02% and Nasdaq 100 futures down 0.15%. The move marks a reversal from earlier levels across the three major contracts.

TREE NEWS update: Chinese payment firm Lakala announced it is planning to acquire a controlling stake in Guangzhou Gaofu Information Technology Co. through a combination of share issuance and cash. Because the deal remains uncertain, Lakala’s securities will be suspended from trading at market open on October 8, 2026. The company expects to disclose the transaction plan within no more than 10 trading days.