TREE NEWS reports: Japan’s Nikkei 225 opened 0.27% higher, while South Korea’s Kospi Composite opened up 0.08%. The two benchmark indexes started the session in positive territory.
TREE NEWS reports: Samsung SDI reported third-quarter sales of 4.69 trillion won, ahead of the 4.09 trillion won consensus estimate. Net profit for the quarter came in at 294.6 billion won versus an expected 202.72 billion won, while operating profit reached 407.8 billion won against a 186.82 billion won forecast.
TREE NEWS reports: Foreign investors net sold ¥67.5 billion of Japanese equities in the week ended October 23, extending the prior week’s net selling of ¥66.5 billion. The back-to-back outflow marks a second consecutive week of net foreign selling in Japanese stocks.
TREE NEWS reports: Nineteen A-share lithium battery companies had disclosed 2026 third-quarter reports as of Oct. 27, posting combined revenue of 620.37 billion yuan and combined net profit attributable to shareholders of 75.05 billion yuan. Profit recovery is spreading along a chain from copper foil to structural components to some battery makers, with copper foil firms showing multiple-fold growth on higher capacity utilization, while leader CATL’s profit growth lagged its revenue growth and tail-end firms hovered near break-even.
TREE NEWS reports: Datavault AI shares rose 31% even after the company restated its financials to remove all reported bitcoin from its books, including 837 BTC that Scilex agreed to buy in June. No definitive deal for the bitcoin has been disclosed, and the tokens remain stuck at Biconomy.
TREE NEWS reports: Microsoft’s Azure sales rose to $33.2 billion in the quarter ended September, with total revenue reaching $92.3 billion and capital expenditure climbing to $45.2 billion, below expectations. The company said it expects capital spending to exceed $50 billion in the current quarter and Azure sales growth of up to 50% in the quarter ending December. The results reassured investors amid mounting concern over whether AI investments are paying off.
TREE NEWS reports: BE Semiconductor Industries (BESI) reported third-quarter 2026 revenue of €283.4 million, up 13.4% quarter-on-quarter and 113.6% year-on-year, with orders of €342.6 million. Net profit reached €107.2 million, a net margin of 37.8%, while net cash rose to €246.6 million as of September 30, 2026. Besi will increase its share buyback program to €100 million in the annual cycle starting October 27, 2026.
TREE NEWS update: Samsung E&A Co. signed a contract valued at 407.1 billion won, the company disclosed. The filing did not specify the counterparty, project scope or delivery timeline. Samsung E&A is an engineering and construction firm, not a crypto or digital-asset business.
TREE NEWS update: Shanghai Chengqi Private Fund Management and Shenzhen Hanrong Private Securities Fund Management both announced self-purchases of their own fund products on Oct. 27, with Chengqi planning to deploy 100 million yuan of its own capital across its private securities funds. At least eight private fund managers had announced self-purchases in October as of Oct. 27, totaling 220 million yuan, while at least 35 have done so year-to-date for more than 1.8 billion yuan.
TREE NEWS reports: Seven Chinese brokerages and four brokerage parent companies had disclosed first-three-quarter results by Oct. 28. Only CITIC Securities and Huaxi Securities posted year-on-year growth in both revenue and net profit, while several smaller peers came under pressure. Guoyuan Securities and Dongxing Securities saw revenue dip slightly, though net profit attributable to shareholders rose 3.36% and 0.75% respectively. Jianghai, Xinda and Northeast Securities grew revenue but posted lower net profit than a year earlier.
TREE NEWS reports: Several Chinese securities firms and their offshore business platforms have received upgrades to their international ratings this year, covering both ESG and credit ratings, with attention focused on their operating strength, risk management and cross-border service capabilities. The brokerages also posted earnings growth, with overseas equity financing and RMB bond projects continuing to land. Analysts said the rating changes reflect institutions’ combined assessment of brokerage operating quality, the industry environment and external support.
TREE NEWS reports: Public mutual funds in China kept heavy exposure to the electronics and communications sectors in the third quarter even as the tech rally that led the first half pulled back, with managers diverging on AI. Some stuck with computing-power supply chains while shifting sub-sectors, others moved to AI applications, and more cautious managers balanced allocations or exited. Fund managers remain long-term bullish on AI but are refining views on valuation and structural direction.
TREE NEWS update: MSCI will name the companies affected by its index review on November 11, a date that could determine whether Strategy faces exclusion from the index. Investors are watching the decision as the company’s index membership hangs in the balance.
TREE NEWS reports: As of Oct. 28, 219 companies listed on the Beijing Stock Exchange have disclosed their first three quarters of 2026 results, with more than 70% reporting year-on-year revenue growth. Ninety-seven of them posted gains in both revenue and net profit, including net profit growth, a swing to profit or a narrower loss. The disclosure peak ran from Oct. 27 to 29, closing out the sector’s earnings season.
TREE NEWS update: Microsoft disclosed in a regulatory filing that it recorded $10 billion in revenue from its commercial arrangement with OpenAI, including revenue sharing, in its fiscal 2027 first quarter ended Sept. 30 — about 11% of total quarterly revenue of $92.3 billion. OpenAI’s payable to Microsoft rose to $7.2 billion at the end of September from $6 billion at the end of June, while Microsoft’s stake in OpenAI slipped to 24% from about 25%. Azure revenue was $33.2 billion, up 48% year over year.
TREE NEWS reports: Hong Kong IPO proceeds reached HK$401.39 billion as of Oct. 28, up 83.59% year on year and the highest since 2011. Dongshan Precision’s H-share listing on Oct. 28, which raised HK$9.876 billion, was the 118th Hong Kong listing this year. The total is about HK$13 billion short of the 2010 full-year record of HK$414.4 billion.
TREE NEWS reports: Foreign-owned mutual fund managers including BlackRock, Neuberger Berman, Allianz and AllianceBernstein adjusted their A-share portfolios in the third quarter, adding defensive assets such as banks as the market rotated. The managers remain constructive on the A-share market despite short-term volatility and continue to view artificial intelligence as a sector with medium- to long-term investment value.
TREE NEWS reports: The North America Technology Software Index ETF closed up 0.12% in the regular session but fell 3.92% in after-hours trading. The sharp post-market decline reversed the ETF’s modest gain, with no further details provided on the cause of the move.
TREE NEWS reports: Nasdaq futures fell 0.85% in early Asia-Pacific trading on Thursday, while S&P 500 futures slipped 0.2% and small-cap futures rose 0.3%. In US after-hours trading, Alphabet Class A shares plunged 10.7%, Nebius fell 4.8%, SK Hynix ADRs and Oracle each dropped 2.9%, and Western Digital lost 2.4%. Apple gained 0.2% and Meta rose 0.9%, while Microsoft’s gain narrowed to 3.9%.
TREE NEWS reports: Microsoft’s US shares extended their after-hours advance to 6%, the stock’s latest post-close move. The gain came in after-hours trading following the regular US session. No further details on the driver of the move were provided.