TREE NEWS reports: China’s treasury bond futures opened higher on the latest trading session, with the 30-year main contract up 0.10%, the 10-year up 0.05%, and the 5-year up 0.01%. The 2-year main contract was flat at 0.00%.
TREE NEWS reports: PCB-related stocks led the market lower at the open, with Mankun Technology dropping nearly 10%. Aohong Electronics, Dongshan Precision, Mingyang Circuit, Shengyi Technology and Jingwang Electronics each fell more than 5%. The material did not specify the trading venue or date of the move.
TREE NEWS reports: China’s Shanghai Composite opened at 3646.57, down 1.07%, on the session. The Shenzhen Component fell 1.05% to 11216.81, while the ChiNext Index dropped 2.00% to 2493.73. The CSI 300 opened at 4065.72, down 0.87%, and the STAR 50 fell 2.33% to 1236.01.
TREE NEWS reports: Japan’s 10-year government bond yield fell 5 basis points intraday to 2.76%. The move marks a decline in the benchmark yield during the session.
TREE NEWS update: The People’s Bank of China conducted a CNY 263 billion overnight reverse repurchase agreement operation on Thursday, with the rate set at 1.25%. The open market operation injects short-term liquidity into the banking system. The central bank did not disclose further details on the operation.
TREE NEWS reports: Hong Kong’s Hang Seng Index opened 1.7% higher, while the Hang Seng Tech Index rose 1.4%. Tencent Music and Xiaomi each climbed more than 4%, with Li Auto, Meituan and Tencent Holdings up over 3%.
TREE NEWS reports: US equity futures deepened their decline, with Nasdaq 100 futures falling 1% and S&P 500 futures down 0.2%. The move marks a widening of losses in pre-market trading. No further details were provided.
TREE NEWS reports: The Nikkei 225 fell 1% on the day, extending its losses as the benchmark index deepened its decline. No further details on the drivers or individual stock moves were immediately available.
TREE NEWS update: The Korea Exchange activated its SIDECAR circuit breaker on KOSPI, suspending programmatic selling in the market. The exchange did not specify how long the halt would last or what triggered the move. SIDECAR is a Korean market mechanism that pauses program trading during sharp moves.
TREE NEWS update: China’s National Development and Reform Commission and other departments issued an action plan for a comprehensive conservation strategy, aiming to cut energy consumption per unit of GDP by about 10% and water use per unit of GDP by 10% by 2030 from 2025 levels. Construction land use per unit of GDP is to fall 15%, annual recycling of major renewable resources is to reach 510 million tonnes, and grain loss rates across the supply chain are to keep declining.
TREE NEWS reports: The People’s Bank of China set the yuan’s daily midpoint at 6.7156 per dollar on the latest fixing, 24 pips stronger than the previous day’s 6.7180. The prior session’s official onshore close was 6.6770, while the overnight session last traded at 6.6755.
TREE NEWS reports: Styrene, pure benzene and polypropylene futures main contracts hit their downside trading limits in Chinese commodity markets. The move marks a sharp single-session decline across the three petrochemical-linked contracts, with each falling to the exchange-imposed floor. No further details on volumes or the cause of the drop were disclosed.
TREE NEWS reports: Taiwan’s TAIEX weighted index closed down 1.1% at 42,466.87 on Tuesday. The decline marks a lower close for the benchmark, which tracks the island’s major listed companies. No further market details were immediately available.
TREE NEWS reports: Commodity futures opened sharply lower, with the main fuel oil contract falling more than 12%, LU fuel oil and asphalt dropping over 10%, LPG down nearly 9% and crude oil down more than 8%. Precious and base metals moved the other way, as Shanghai silver rose over 5%, Shanghai gold gained more than 3% and Shanghai nickel climbed over 2%.
TREE NEWS reports: FTSE China A50 index futures opened 0.11% higher on the latest session, following a 0.55% gain in the prior night session. The early move extends the previous session’s advance for the benchmark futures contract tracking China’s largest A-share companies.
TREE NEWS reports: SK Hynix shares fell as much as 8% on Thursday, dragging South Korea’s benchmark Kospi index down 3.8%. The declines mark a sharp selloff in Korean equities, with the memory-chip maker leading the move lower.
TREE NEWS reports: Decision Desk HQ projected that Democrat Nithya Raman will win the Los Angeles mayoral election. The projection was issued by the election data provider, calling the race for Raman. No vote margin or further details were included in the call.
TREE NEWS reports: Margin financing balances on the Shanghai and Shenzhen stock exchanges totaled 2.264 trillion yuan ($317 billion) as of Nov. 4, up 1.329 billion yuan from the previous trading day, exchange data show. The Shanghai Stock Exchange’s balance rose 985 million yuan to 1.178 trillion yuan, while the Shenzhen Stock Exchange’s balance increased 344 million yuan to 1.087 trillion yuan.
TREE NEWS reports: Australia posted a goods and services trade surplus of A$2.826 billion in September, far exceeding the A$1 billion expected and up from a revised A$495 million in the prior month. The result marks a sharp widening of the trade balance from August’s reading.
TREE NEWS reports: Australia’s imports dropped 3.3% in September, reversing a 5.8% rise in the prior reading. The monthly trade data point to weaker inbound goods flows for the period, with no further breakdown provided in the release.