Flash News

TREE NEWS reports: The ChiNext Index, tracking growth stocks on the Shenzhen Stock Exchange, fell more than 1% on the session. No further details on the move or the factors behind it were immediately available.

TREE NEWS reports: New home prices in China’s tier-1 cities fell 0.5% year-on-year in September, with the decline narrowing 0.4 percentage points from August, the National Bureau of Statistics said. Beijing, Guangzhou and Shenzhen fell 2.7%, 1.1% and 1.0% respectively, while Shanghai rose 2.8%. Tier-2 and tier-3 prices fell 2.4% and 3.9% year-on-year, narrowing by 0.3 and 0.2 percentage points.

TREE NEWS reports: The CSI Convertible Bond Index opened 0.16% lower, with BenChuan, Tianyuan, Kangtai No. 2, Jingce No. 2 and Huafeng convertibles leading declines at 1.99%, 1.73%, 1.73%, 1.68% and 1.61% respectively. Longxin and Guoke convertibles led gainers, each up 30.00%, followed by Aohong, Saite and Baolong at 2.16%, 1.91% and 1.82%.

TREE NEWS reports: China’s treasury futures opened mixed, with the 30-year main contract down 0.16% and the 10-year main contract down 0.03%. The 5-year main contract was flat at 0.00%, while the 2-year main contract slipped 0.01%.

TREE NEWS reports: The Shanghai Composite opened at 3694.12 on Friday, down 0.60%, as Chinese equities started the session lower. The Shenzhen Component fell 0.50% to 11,743.22, while the ChiNext Index slipped 0.43% to 2,760.35. The CSI 300 dropped 0.53% to 4,148.35, and the STAR 50 fell 0.85% to 1,347.09.

TREE NEWS reports: Strive CEO Matt Cole said on X that bitcoin’s long-term performance could surpass gold as monetary debasement continues, citing gold’s compound annual growth outpacing US M2 growth across multiple periods — 9.0% vs 6.7% since 1970, 9.5% vs 6.3% since the global financial crisis, and 18.3% vs 6.5% since the pandemic. Cole said Strive’s edge lies in maintaining high bitcoin exposure multiples and ample liquidity rather than lowering financing costs.

TREE NEWS update: The People’s Bank of China conducted 80 billion yuan of 7-day reverse repurchase agreements on Thursday at an interest rate of 1.40%, unchanged from the previous operation. With 50 billion yuan of reverse repos maturing the same day, the operation resulted in a net liquidity injection of 30 billion yuan into the banking system.

TREE NEWS update: China’s National Bureau of Statistics is scheduled to release the September 70-city home price index at 09:30 Beijing time. The monthly gauge tracks new and existing home prices across major Chinese cities and is a key read on the property sector.

TREE NEWS reports: South Korea’s KOSPI reversed into positive territory after falling more than 3% earlier, lifted by gains in Samsung and buying from local funds. Japan’s Nikkei 225 narrowed its decline to 1% after dropping more than 2% earlier in the session.

TREE NEWS update: South Korea’s finance minister said the country’s economy is expected to grow between 3.4% and 3.6% in 2026. The forecast was given without further detail on the assumptions behind the projection or any accompanying policy measures.

TREE NEWS reports: US equity futures moved higher, with Nasdaq 100 futures extending gains to 1% and S&P 500 futures up 0.5%. The move signals a firmer open for US stocks.

TREE NEWS reports: The People’s Bank of China set the yuan’s daily midpoint at 6.7208 per dollar on the latest fixing, 12 pips stronger than the previous day’s 6.7220. The prior official close was 6.6868, and the previous overnight session ended at 6.6870.

TREE NEWS update: South Korea’s finance minister said the stock market’s fundamentals remain solid, Yonhap reported. The remark is a statement on market conditions rather than an announcement of new policy measures, and no further details or figures were given. It comes as a signal of official confidence in Korean equities.

TREE NEWS reports: Brent crude (XBRUSD) fell to $110 a barrel and was last quoted at $110.02, down 1.7% from the previous trading session’s close, Gate data showed. The move marks a decline in the benchmark crude price over the session.

TREE NEWS reports: Taiwan’s TAIEX weighted stock index fell 1.3% to 46,491.68 points in early trading. The decline marks a lower opening for the benchmark, which tracks the island’s largest listed companies. No further details on sector performance or market drivers were immediately available.

TREE NEWS reports: Silver climbed 1.12% to $57.317 an ounce, while gold rose 0.25% to $4,173.63 an ounce. WTI crude fell 1.21% to $98.87 a barrel and Brent slipped 0.15% to $109.65, while Europe’s EUSTX50 dropped 0.82% to 6,159.27. Gate offers in-app trading of precious metals, FX, global equity CFDs and commodities alongside crypto assets.

TREE NEWS reports: Fuel oil futures rose more than 5% at the open of Chinese commodity trading, leading gains across the energy and industrial complex. LU fuel oil, asphalt, soda ash, liquefied petroleum gas, iron ore and PVC each climbed over 1%. Starch, pure benzene and coking coal fell more than 1%, the only contracts in the red.

TREE NEWS reports: FTSE China A50 index futures opened 0.28% lower, extending a 0.45% decline in the previous session’s night trading. The early move points to a softer start for large-cap Chinese equities.

TREE NEWS update: Japanese Prime Minister Sanae Takaichi said she will appropriately control the scale of Japanese government bond issuance, while declining to take a preset position on whether to draft a supplementary budget. The remarks, which give no specific issuance figures, leave the government’s near-term fiscal stance open ahead of any budget planning. Takaichi’s comment signals a cautious approach to debt management without ruling out additional spending.

TREE NEWS update: Bank of Japan Governor Kazuo Ueda said fiscal spending could suppress price increases by expanding supply, suggesting a channel through which government outlays may ease rather than fuel inflation. Ueda’s remarks frame the BOJ’s view on how fiscal policy interacts with price stability as Japan weighs its spending stance.