Flash News

TREE NEWS update: Taiwan’s exports to the Chinese mainland rose 30.2% year on year to $20.62 billion in September, while imports from the mainland reached $13.5 billion, up 59.1%, citing Taiwan’s finance authority. At a regular press conference on Oct. 21, the office said cross-strait economic integration reflects a broad trend and public sentiment, despite calls by the Democratic Progressive Party authorities for decoupling.

TREE NEWS update: The State Council Taiwan Affairs Office said at a regular press briefing that it supports Taiwanese compatriots and businesses in seizing opportunities from China’s new quality productive forces and integrating into the new development pattern. The comments followed questions on the Central Committee and State Council’s recent opinions on developing new quality productive forces, which have drawn attention from industry across the strait.

TREE NEWS update: China’s carbon dioxide emissions per unit of GDP fell 17.7% in 2025 compared with 2020, Vice Minister of Ecology and Environment Li Gao said at a State Council Information Office briefing on Oct. 21. The 2026 annual report on China’s climate policy and actions also showed non-fossil energy at 21.7% of total energy consumption, combined wind and solar capacity at 1.84 billion kilowatts, and forest stock volume at 20.988 billion cubic meters.

TREE NEWS reports: Australia’s 3-year government bond yield rose 5 basis points during the trading session. The move reflects a shift in short-term sovereign yields on the day.

TREE NEWS reports: Goldman Sachs now expects the Reserve Bank of Australia to raise its policy rate by 25 basis points to 4.85% in November, a shift from its previous forecast of no change. The revised call points to a tightening move at the RBA’s November meeting.

TREE NEWS reports: China’s national railway network completed 601.2 billion yuan of fixed-asset investment in the first three quarters of the year, up 1.3% year on year. The figure covers railway construction spending across the country during the January-to-September period.

TREE NEWS update: The Korea Exchange activated its sidecar mechanism, suspending programmatic buy orders on the KOSPI. The circuit breaker halts automated purchasing on the main bourse. No further details on the trigger or duration were provided.

TREE NEWS reports: South Korea’s KOSPI index rose 4.00% intraday to 5,775.10 points. Samsung Electronics gained 6.8% and SK Hynix climbed more than 7% in the same session.

TREE NEWS update: China Securities Regulatory Commission will issue innovation evaluation standards for the Beijing Stock Exchange to more precisely identify innovative small and medium-sized enterprises, Shang Qingjun, a first-level inspector at the CSRC’s public company supervision department, said at the 2026 Financial Street Forum annual meeting. The regulator will also strengthen the National Equities Exchange and Quotations’ standardization and cultivation functions, improve its tiered management, and enhance the brand effect and innovation attributes of its innovation tier.

TREE NEWS reports: China’s domestic smartphone shipments fell 21.7% year-on-year to 21.856 million units in September 2026, according to data from the China Academy of Information and Communications Technology. 5G handsets totaled 19.234 million units, down 20.2% and accounting for 88.0% of the total. For January-September, shipments reached 189 million units, down 14.1% year-on-year, with 5G phones at 171 million units, down 8.7% and 90.6% of the total.

TREE NEWS reports: China’s treasury futures opened lower, with the 30-year main contract down 0.22%, the 10-year main contract down 0.05%, the 5-year main contract down 0.03% and the 2-year main contract down 0.01%. The across-the-curve decline reflects selling pressure at the open across all four tenors.

TREE NEWS reports: China produced 11.457 million tonnes of gasoline in September, down 13.6% year on year. Diesel output fell 9.8% to 15.721 million tonnes, kerosene dropped 1.5% to 5.232 million tonnes, fuel oil declined 8% to 3.316 million tonnes, naphtha slipped 2.1% to 6.538 million tonnes and liquefied petroleum gas fell 7% to 4.154 million tonnes.

TREE NEWS reports: The Shanghai Composite opened at 3740.57 on Thursday, up 0.14%, while the Shenzhen Component rose 0.32% to 11838.79 and the ChiNext Index gained 0.28% to 2746.84. The STAR 50 led the major gauges with a 1.06% gain to 1356.63, and the CSI 300 opened 0.22% higher at 4161.26. The CSI 500 and CSI 1000 opened up 0.50% and 0.47% at 6875.71 and 6798.97, respectively.

TREE NEWS reports: China produced 1.26 million metric tons of refined copper in September, up 1.1% from a year earlier. Lead output rose 0.3% year on year to 628,000 tons, while zinc production fell 5.5% to 607,000 tons.

TREE NEWS update: The People’s Bank of China conducted zero 7-day reverse repurchase operations on Tuesday, shifting instead to 80 billion yuan of overnight reverse repos. A total of 56 billion yuan of reverse repos matured the same day. The move leaves the open market operation with a net injection of 24 billion yuan.

TREE NEWS reports: Hong Kong’s Hang Seng Index opened 1.14% higher at 24,139.11 on Monday, while the Hang Seng Tech Index gained 1.60%. Lenovo Group rose 6%, Xpeng Motors added 3.8%, and Li Auto and Iluvatar CoreX both climbed nearly 3%.

TREE NEWS reports: China’s urban unemployment rate for the 16-24 age group fell to 18.0% in September. The figure covers the young labor force in urban areas and marks the latest monthly reading on youth joblessness in the country.

TREE NEWS reports: The People’s Bank of China set the yuan’s daily midpoint at 6.7192 per dollar on the latest fixing, 8 pips stronger than the previous day’s 6.7200. The prior session’s official close was 6.6791, and the overnight session ended at 6.6781.

TREE NEWS reports: Taiwan’s TAIEX weighted index opened 1.3% higher at 46,872.23 points. The gain marks a firm start for the benchmark. No further details were immediately available.

TREE NEWS reports: Crude oil, fuel oil and paraxylene (PX) main contracts fell more than 3% at the open of China’s commodity futures market, while methanol, PTA, polypropylene and liquefied petroleum gas dropped over 2%. Tin, nickel, silver and ethylene glycol futures on the Shanghai exchange rose more than 1%.