Flash News

TREE NEWS reports: Robinhood will offer in-app perpetual futures through its own futures commission merchant via Bitstamp, a move that weighed on Lighter’s LIT token, which is down 22% over seven days. The perps product would run through Robinhood’s own FCM entity with Bitstamp as the venue, putting the US brokerage deeper into crypto derivatives.

TREE NEWS update: East Buy announced that users who bought the “Liuliu Stool” in its livestream will receive a full refund without returning the product, with the refund amount set at twice the purchase price. The company did not specify the number of affected buyers or the total payout. The move follows scrutiny of the product sold through its livestream channel.

TREE NEWS reports: Japan’s Nikkei 225 closed 1.9% higher at 66,753.72, while the broader Topix gained 1.7% to 4,108.65. South Korea’s KOSPI moved the other way, closing down 0.48% at 6,838.04. The session left Japanese equities sharply higher and Korean shares modestly lower.

TREE NEWS reports: Shein’s Hong Kong-listed shares fell more than 5% and dropped below HK$30, extending losses since listing to more than 38%. The decline marks a fresh low for the stock, which has slid steadily since its Hong Kong debut.

TREE NEWS reports: China Vanke’s A shares rose more than 7% in afternoon trading, with turnover exceeding 4.4 billion yuan, the highest in a year. The surge marked the stock’s biggest single-day trading volume in 12 months.

TREE NEWS update: Micron Technology reports fiscal fourth-quarter results after the US close on September 30, with guidance of $50 billion in revenue, about 86% non-GAAP gross margin and $31.00 non-GAAP EPS. The company said its margin outlook already reflects a marked slowdown in the pace of price increases. HBM’s wafer exchange ratio, roughly 3:1 in the HBM3 era and rising with HBM4, keeps conventional DRAM and NAND supply tight.

TREE NEWS reports: Combined turnover across the Shanghai and Shenzhen stock exchanges surpassed 1 trillion yuan. The milestone reflects heavy trading activity in mainland China’s two largest equity markets. No further details were disclosed.

TREE NEWS reports: Bank of China rose nearly 2% to a record intraday high as the A-share banking sector traded higher. Chengdu Bank, Shanghai Pudong Development Bank, Ruifeng Bank and Qilu Bank each gained more than 2%. The sector-wide move came as Chinese bank stocks advanced through volatile trading.

TREE NEWS reports: China’s official manufacturing PMI rose to 50.1 in September and the non-manufacturing PMI to 50.2, both back in expansion territory, while the RatingDog manufacturing PMI climbed to 52.1, a five-month high, with services accelerating for a second month. In Hong Kong, the Hang Seng slipped 0.04% and the Hang Seng Tech Index fell 0.15% at midday, as the Shanghai Composite added 0.27% led by drugmakers.

TREE NEWS reports: The US releases its final second-quarter GDP reading alongside August personal income and PCE data at 20:30 Beijing time on Wednesday, with the September ADP employment report at 20:15. UK, French, German and Italian inflation and labor data are due earlier in the session, and Micron Technology reports earnings after the US close.

TREE NEWS reports: The US 10-year Treasury yield rose to 5.26% on Sept 29, touching 5.293% intraday, its highest since 2007, while the 30-year hit 5.6206%, a 2002 high. Over the past month the 2-, 10- and 30-year yields climbed roughly 50, 47 and 32 basis points. US stocks held firm: the S&P 500 fell 0.17% and the Nasdaq 0.08%, leaving them up 12.1% and 15.3% year to date.

TREE NEWS reports: Ethereum spot ETFs posted $2.81 million in net outflows on September 29 (US Eastern Time), with BlackRock’s ETHA leading redemptions at $8.94 million. Grayscale’s Ethereum Mini Trust ETH drew the largest single-day inflow at $12.83 million, bringing its cumulative net inflows to $2.046 billion. ETHA’s historical net inflows stand at $13.29 billion.

TREE NEWS reports: The Shanghai Composite closed the morning session up 0.27% at 3,840.83, while the Shenzhen Component slipped 0.06% to 12,894.61 and the ChiNext Index fell 0.17% to 3,137.11. The CSI 300 gained 0.15% to 4,351.88, but the STAR 50 dropped 2.09% to 1,536.61. The CSI 500 edged up 0.04% to 7,442.38 and the CSI 1000 dipped 0.10% to 7,317.80.

TREE NEWS reports: The Shanghai Composite gained 0.27% at the midday break, while the Shenzhen Component slipped 0.06% and the ChiNext Index fell 0.17%. Pharmaceutical stocks led gains, with CanSino, Tainuo Mabpharm, Menovo and Aosaikang among names hitting the daily limit. Battery-chain shares stayed active and Hainan Rubber surged on a rally in agricultural stocks. First-half turnover reached 917.3 billion yuan, with 2,370 stocks up and 2,659 down.

TREE NEWS reports: Apple’s iPhone 18 Pro series sold 12% more units in its first three days on sale in China than the iPhone 17 Pro series did in its own launch week, Counterpoint Research said. The strong start pushed Apple to the top of China’s weekly smartphone sales ranking in week 38, with a 33% share of the market.

TREE NEWS reports: China’s A-share real estate sector staged a volatile rebound, with Zhongtian Service surging to its daily limit-up. Lujiazui gained more than 7%, while Nanjing Gaoke, Binjiang Group, Shenzhen Special Economic Zone Real Estate & Properties (Group) and China Vanke rose in sympathy. The move marks a sharp intraday recovery for property stocks after earlier weakness.

TREE NEWS update: Robinhood announced its largest-ever trading product update at the HOOD Summit 2026 in Houston, adding in-app AI Agents, 24/7 US stock trading, perpetual futures and earnings contracts. The company said more than 150,000 users have opened Agentic Trading accounts since May, with AI agents now calling Robinhood tools nearly 30 million times a day. Perps will cover BTC, ETH, SOL, XRP, DOGE, ADA, LINK and HYPE, with BTC and ETH at up to 10x leverage.

TREE NEWS update: Robinhood will launch perpetual futures and weekend stock trading for US users, the trading platform said. Robinhood also introduced Robinhood Agents, a feature that lets users build their own AI agents within the app. No launch date or fee details were given.

TREE NEWS reports: Hong Kong’s Hang Seng Biotech Index rose more than 4% on the session, with Genscript Biotech gaining over 11% and AI drug-discovery firm Insilico Medicine up more than 10%. CSPC Pharmaceutical Group climbed over 6%. The move marks a broad rally across Hong Kong-listed biotech and pharmaceutical names.

TREE NEWS reports: Australia’s benchmark S&P/ASX 200 index rose 1% on the day, the index level and percentage gain confirmed in the latest market reading. No further details on sector performance or individual constituents were disclosed.