Flash News

TREE NEWS reports: The Hang Seng Tech Index fell as much as 1.8% intraday and was last quoted at 4,217.81 points, marking a new low for the year. Automakers led the decline, with NIO, XPeng and BYD shares among the biggest losers on the index.

TREE NEWS reports: Shares of China’s Hengrui Pharmaceuticals rose more than 3% in a sharp intraday move. The stock climbed in a straight-line rally during the session, with the gain exceeding 3% at the time of writing. No further details on the cause of the move were immediately available.

TREE NEWS reports: US spot bitcoin ETFs recorded $31.07 million in total net inflows on September 28, the eighth consecutive day of positive flows. BlackRock’s IBIT led with $54.84 million, bringing its all-time total net inflow to $65.337 billion. Grayscale’s Bitcoin Mini Trust ETF BTC followed with $10.32 million, lifting its historical total net inflow to $2.964 billion.

TREE NEWS reports: US spot Ethereum ETFs recorded a total net inflow of $17.10 million on September 28 (US Eastern Time), extending the streak to seven consecutive days of net inflows. BlackRock’s ETHA led with $15.35 million, bringing its all-time net inflow to $13.299 billion, followed by 21Shares’ TETH at $1.74 million, with cumulative inflows of $32.88 million.

TREE NEWS reports: The MSCI Asia-Pacific Index dropped 1% to 273.83. The decline marks a broad pullback across Asia-Pacific equities, with the index giving up gains as regional markets sold off.

TREE NEWS update: Binance Futures will list seven USDT-margined perpetual contracts on September 29, 2026, starting at 17:00 (UTC+8) with Critical Metals Corp. (CRML), followed by Breakwave Tanker Shipping ETF (BWET) at 17:05, Accenture (ACN) at 17:10, MP Materials (MP) at 17:15, Securitize (SECZ) at 17:20, UnitedHealth Group (UNH) at 17:25 and Nike (NKE) at 17:30. The listings cover equities spanning metals, shipping, consulting, healthcare and consumer brands.

TREE NEWS update: Changan Automobile said on September 29 that it has established a new AD Synergy Development Department to advance strategic coordination between its Deepal and Avatr brands, focused mainly on sharing middle- and back-office resources. The company said brand positioning and plans remain unchanged and user rights will not be affected, with the shared resources aimed at avoiding duplicate investment and waste. Detailed division of labor and rollout plans have not yet been disclosed.

TREE NEWS reports: South Korea’s benchmark KOSPI index fell 1% during intraday trading. The decline marks a pullback in Seoul equities on the session, with the index down 1% from the prior level.

TREE NEWS reports: The Shanghai Composite closed the morning session at 3,826.51, up 0.08%, while the Shenzhen Component rose 0.41% to 12,911.78. The ChiNext Index gained 0.34% to 3,150.37 and the CSI 300 edged up 0.03% to 4,342.07. The STAR 50 climbed 0.58% to 1,564.98, with the CSI 500 up 0.40% at 7,431.74 and the CSI 1000 up 0.50% at 7,330.53.

TREE NEWS reports: China’s three main stock indices closed the morning session slightly higher on September 29, with the Shanghai Composite up 0.08%, the Shenzhen Component up 0.41% and the ChiNext up 0.34%. Half-day turnover across the Shanghai, Shenzhen and Beijing markets reached 884.3 billion yuan, with about 4,200 stocks advancing. Battery-chain names led gains, while agricultural stocks fell.

TREE NEWS reports: China’s big financial sector stocks moved higher in volatile trade, with Dazhihui hitting the daily limit up. Huibo Yuntong, Xiangcai Co., Ruida Futures, Huijin Co. and Zhongke Jincai rose in sympathy, extending gains across financial and fintech-linked names.

TREE NEWS reports: Japan’s Nikkei 225 closed the morning session down 0.9%, while the broader Topix index fell 1.1%. The declines marked a weaker morning for Japanese equities, with the benchmark gauges both finishing the half-day in negative territory.

TREE NEWS update: China FAW and GAC signed a strategic cooperation framework agreement. The two automakers will deepen and expand their cooperation through asset and capital linkages, using technological innovation as a driver, to improve cross-regional coordination of industrial resources and jointly upgrade the development of China’s auto industry.

TREE NEWS reports: China Vanke’s A-shares hit the daily limit up on Monday as mainland property stocks extended their rally. The move marks a fresh leg higher for the sector, with Vanke among the strongest performers in the group. No company announcement or policy catalyst was cited in the market move.

TREE NEWS reports: Shein shares fell more than 6% following the release of its latest financial results. The decline came after the company published its earnings report. No further details on the figures or the reason for the drop were provided.

TREE NEWS reports: China A-share printed circuit board (PCB) concept stocks staged a volatile rebound, with Yidun Electronics hitting the daily limit-up. Xunjie Xing rose more than 10%, while Aoshikang, Sihui Fuji, Chongda Technology and Jinbaize each gained over 5%. The moves mark a sharp intraday recovery for the sector after recent swings.

TREE NEWS update: The Shenzhen Stock Exchange added Jingwang Electronics and Tongcheng New Material to its Stock Connect eligible securities list, effective September 29. The inclusion allows mainland investors to trade the two Hong Kong-listed shares through the southbound leg of the cross-border connect scheme.

TREE NEWS reports: The Hang Seng Tech Index fell 1% at the open of trading. The decline in the Hong Kong-listed technology gauge came in early session movement, with no further details on individual constituents or drivers given.

TREE NEWS reports: The CSI Convertible Bond Index opened 0.01% lower, with Jindi, Fuxin, Hangyu, Yanpai and Dingtong convertible bonds leading declines at 2.37%, 1.57%, 1.52%, 1.52% and 1.39% respectively. Runhe 02, Wankai, Yirui, Dazhong and Sanjiang convertible bonds led gains at 30.00%, 2.99%, 1.73%, 1.62% and 1.42%.

TREE NEWS update: Shanghai released local implementation guidelines for reforming commodity housing sales, covering six areas including tighter pre-sale management, a shift to completed-home sales, a lead-bank system, stronger financing support and optimized land supply. A-share property developers extended gains, with Shenzhen Property A hitting its second straight limit-up and Tefa Service, Xinda Real Estate, Shahe Industrial, Shenzhen Zhenye A and 5i5j among the top gainers.