Flash News

TREE NEWS reports: Chinese PCB concept stocks fell in volatile trading, with Chaosheng Electronics approaching the 10% daily limit-down and Yihao New Materials dropping nearly 10%. Zecheng Electronics, Defu Technology, Jiangnan New Materials, Guanghe Technology and Jinlu Electronics each declined more than 6%. The selloff hit a broad group of printed circuit board suppliers listed on mainland exchanges.

TREE NEWS reports: Japan’s Nikkei 225 rose 1.3% by the morning session close, while the broader Topix index edged up 0.1%. The split performance left the blue-chip gauge well ahead of the wider market at the midday break in Tokyo.

TREE NEWS reports: The Shenzhen Component Index fell more than 1% while the Shanghai Composite dropped 0.44% and the ChiNext Index lost 0.91%, with precious metals, real estate, baijiu and tourism leading the declines. Nearly 3,500 stocks fell across the Shanghai, Shenzhen and Beijing exchanges.

TREE NEWS reports: China’s defense sector rose in choppy trading, with Huo Laiwo and Leike Defense hitting the daily limit up. Zaisheng Technology, Kunchuan Intelligent, Tian’ao Electronics and Boyun New Material each gained more than 5%, leading the sector’s advance.

TREE NEWS reports: The Hang Seng Tech Index dropped 1% to 4,335.07 points. The decline marks a lower close for the Hong Kong-listed technology gauge tracking the city’s largest tech companies.

TREE NEWS reports: China’s coal sector rallied broadly, with Yunnan Coal Energy (云煤能源) reversing to hit the daily limit up and Liaoning Energy (辽宁能源) gaining more than 7%. Other coal names also advanced, including Antai Group, Dayou Energy, Shaanxi Heimao and Zhengzhou Coal & Power. No company-specific announcements accompanied the move.

TREE NEWS reports: Chinese A-share property developers fell at the open, with Huahong Holdings and Huayuan Holdings hitting the 10% daily limit down. Vanke A, Xiangjiang Holdings, Wantong Development and Shenzhen Property A also declined. The move came as the property sector opened lower across the board.

TREE NEWS reports: Chinese A-share media stocks continued their rally, with Xinhua Winsheng (新华文轩) notching a fifth consecutive daily limit-up and Xinhua Media (新华传媒) a fourth. Tianwei Video (天威视讯) posted a third straight limit-up, while Yue Media (粤传媒) and Inner Mongolia Xinhua (内蒙新华) each gained more than 7%.

TREE NEWS reports: The CSI Convertible Bond Index opened 0.01% higher. Shanlu Convertible Bond led the gainers with an 8.75% rise, followed by Sanjiang, Sifang, Haomei and Lidao bonds, up 0.95%, 0.91%, 0.90% and 0.88% respectively. On the downside, Lianrui Convertible Bond fell 1.78%, with Yitian, Dinglong, Youcai and Qiangda bonds down 1.44%, 1.12%, 0.89% and 0.88%.

TREE NEWS reports: China’s major stock indices opened lower on the session, with the Shanghai Composite at 3925.32, down 0.28%. The Shenzhen Component fell 0.45% to 13575.07, the ChiNext shed 0.38% to 3366.89, and the CSI 300 dropped 0.39% to 4499.86. The STAR 50 slipped 0.49% to 1652.69, while the CSI 500 and CSI 1000 also declined.

TREE NEWS reports: Hong Kong’s Hang Seng Index opened 0.74% lower at 24,649.45 points, while the Hang Seng Tech Index dropped 0.78%. Among tech names, Iluvatar CoreX fell more than 3% and MINIMAX declined more than 2% in early trading.

TREE NEWS reports: Taiwan’s weighted stock index opened down 0.2% at 48,075.39 points. The benchmark, which tracks the Taiwan Stock Exchange, slipped at the open.

TREE NEWS reports: HSBC raised its year-end target for the pan-European STOXX 600 index to 680 points from 670, its first upward revision this year, citing improved corporate earnings growth prospects, a rebound in business confidence and a more solid economic outlook. The new target implies roughly 6.3% upside from the index’s current level.

TREE NEWS reports: Combined margin financing balances on the Shanghai and Shenzhen stock exchanges fell 1.059 billion yuan to 2.6168 trillion yuan as of September 23. The Shanghai exchange’s balance slipped 15 million yuan to 1.340782 trillion yuan, while Shenzhen’s dropped 1.044 billion yuan to 1.276028 trillion yuan, both versus the prior trading day.

TREE NEWS reports: Japan’s Nikkei 225 rose as much as 1.2% on the day, extending its advance. The index’s gains widened to that level in the latest session, with no further details immediately available on the drivers behind the move.

TREE NEWS reports: Japan’s Nikkei 225 opened up 0.6% on Thursday, while South Korean stock markets were shut for a public holiday. Trading in Seoul was suspended for the day, leaving the Tokyo benchmark as the main gauge of regional equity direction in Asia. No further details on the session were given.

TREE NEWS reports: Nikkei index futures gained 1.4% in pre-market trading, with Japanese equities returning from a three-day market holiday. The move marks the first pricing signal for Japanese stocks since trading was suspended for the consecutive holiday period.

TREE NEWS reports: The US 5-year Treasury yield broke above 5% for the first time since 2007 and the 10-year climbed past 5.1% after September flash composite PMI came in far above expectations at a five-year high, deepening a bond selloff. A weak 5-year note auction added to the pressure, and the Nasdaq ended a four-day winning streak as the dollar rose and gold and silver fell sharply.

TREE NEWS reports: The US 10-year Treasury yield rose 15.29 basis points to 5.1142% at Wednesday’s New York close, trading between 4.9307% and 5.1329% intraday and approaching the 5.1412% intraday high of July 13, 2007. The two-year yield climbed 14.73 bps to 4.8973%, while the 30-year yield added 9.94 bps to 5.3989%. The 10-year TIPS yield gained 13.35 bps to 2.7664%.

TREE NEWS reports: As of September 23, the Beijing Stock Exchange has listed 60 new stocks this year, exceeding the full-year totals for both 2024 and 2025. The exchange’s IPO queue now stands at 223 companies, more than the combined backlog of the Shanghai and Shenzhen exchanges.