Flash News

TREE NEWS reports: China’s major stock indices opened lower on the session, with the Shanghai Composite down 0.60% at 3910.92 and the Shenzhen Component falling 0.98% to 13483.63. The ChiNext Index dropped 0.85% to 3310.01, the CSI 300 fell 0.75% to 4514.30, and the STAR 50 lost 1.31% to 1548.70. The CSI 500 and CSI 1000 opened down 1.03% and 1.10% respectively.

TREE NEWS reports: Hong Kong’s Hang Seng Index opened 0.95% lower at 24,718.15 points, while the Hang Seng Tech Index fell 1.36% at the open.

TREE NEWS reports: Morgan Stanley said China’s battery-industry anti-involution campaign is entering a new phase in which capacity expansion is increasingly tied to utilization rates, a shift that favors industry leaders. CATL’s capacity utilization reached 95% in the first half, versus a domestic industry average of just 65%. The bank maintained its A-share target price of 595 yuan for CATL, implying about 77% upside from Thursday’s close.

TREE NEWS reports: Taiwan’s benchmark TAIEX weighted index fell 1.2% to 46,399.40. The decline left the index at that level at the latest reading. No further details on the session’s drivers were immediately available.

TREE NEWS update: Tesla China has officially launched a new all-wheel-drive performance version of the Model Y, with a starting price of 369,000 yuan. The vehicle is now available on the Chinese market.

TREE NEWS reports: Margin financing balances across the Shanghai and Shenzhen stock exchanges fell by 2.204 billion yuan to a combined 2.60882 trillion yuan as of September 10. The Shanghai exchange’s balance stood at 1.337337 trillion yuan, down 526 million yuan from the previous trading day, while the Shenzhen exchange’s balance was 1.271483 trillion yuan, down 1.678 billion yuan.

TREE NEWS update: Oracle reported record quarterly revenue of $19.3 billion, up 30% year over year, marking the first sequential revenue increase in its fiscal first quarter. Cloud infrastructure (OCI) revenue jumped 121% to $7.4 billion, while non-GAAP operating income rose 31% to $8.2 billion and non-GAAP EPS came in at $1.92, up 30%. The company raised its fiscal 2027 revenue guidance to at least $90 billion, implying 34% growth, and guided Q2 total revenue up 30%-34% with cloud growth of 65%-71%.

TREE NEWS reports: South Korea’s benchmark KOSPI index narrowed its intraday decline to less than 2%, paring an earlier drop. The index remained in negative territory on the session.

TREE NEWS reports: Japan’s Nikkei 225 index extended its intraday decline to 2%, with the broader Topix falling as much as 2.2% during the session. The moves mark a sharp same-day selloff across Japanese equities, with both benchmarks deepening losses as trading progressed. No specific catalyst was cited in the market data.

TREE NEWS reports: Japan’s Nikkei 225 opened 1.5% lower and South Korea’s Kospi fell 3.3% at the open, while the MSCI Asia-Pacific index dropped 1%. The declines mark a sharply weaker start for Asian equities across the region’s major benchmarks.

TREE NEWS reports: The S&P 500 fell for a fourth consecutive session, with memory-chip stocks broadly lower, as the 10-year Treasury yield approached 5% and WTI crude jumped 7% above $100. Spot gold dropped nearly 2% toward $4,300 and silver fell more than 5%, while markets priced a roughly 70% chance of a Fed rate hike next week after August PPI posted its largest monthly gain in three months.

TREE NEWS reports: Chinese insurance institutions conducted 10,185 research visits to A-share listed companies so far this year, Wind data shows. The insurers focused on hard-tech names in electronic components, industrial machinery and integrated circuits. Analysts cited national strategic alignment, growth potential and regulatory encouragement as reasons insurers are more motivated to raise allocations to the sector.

TREE NEWS update: Ruifeng Bank paid an interim cash dividend of 196 million yuan on September 10, becoming the first A-share listed bank to distribute a mid-year payout this year. Twenty A-share listed banks have now disclosed or implemented 2026 interim profit distribution plans totaling a proposed 266.114 billion yuan, with state-owned major banks accounting for over 80% and collectively planning to raise their payout ratios to 31%.

TREE NEWS reports: More than 20 Chinese funds that fell over 30% in July have rebounded more than 30% since August, Wind data showed as of Sept 9, tracing a V-shaped net asset value recovery. The funds are heavily weighted in optical communications supply-chain names. Industry participants attributed the earlier extreme swings largely to market sentiment, with moves far exceeding short-term fundamentals, and said investors can keep watching the AI theme while seeking structural opportunities within it.

TREE NEWS reports: US August CPI is due at 20:30 Beijing time, with the September University of Michigan 5-year inflation expectation preliminary reading and ECB President Lagarde’s speech at 22:00. CME’s 100-ounce silver futures begin 24-hour trading, while the Bank of Russia announces its rate decision at 18:00 and the IEA releases its monthly oil market report at 16:00. The 18th BRICS leaders’ summit runs September 12-13 in New Delhi.

TREE NEWS update: China Association for Public Companies released its 2026 cash dividend rankings on September 10, showing A-share listed companies paid a record 2.4 trillion yuan in dividends for fiscal year 2025, up 3.3% year on year. Nearly 70% of listed companies distributed cash payouts, marking a shift from a periodic wave to a normalized stage.

TREE NEWS reports: Several Chinese QDII funds have sharply cut subscription limits just days after raising them, as new quota gets swamped by demand. Wanjia’s Nasdaq 100 index feeder raised its cap from 10 yuan to 5,000 yuan on Sept 9, then cut it to 100 yuan effective Sept 10. China Universal’s Nasdaq 100 ETF feeder lifted its limit to 10,000 yuan on Sept 2, lowered it to 2,000 yuan on Sept 3 and to 10 yuan on Sept 4.

TREE NEWS reports: The US rate-cut winners index fell 1.09% to 90.27 on Thursday, September 10, holding near lows after gapping down as international oil prices rose. The “Trump tariff losers” index dropped 1.57% to 106.89, and the “Trump financial index” slipped 0.62% to 175.66. The meme-stock index lost 1.89% to 12.06, rallying early before fading.

TREE NEWS reports: The US memory-chip and hardware supply chain index fell 4.28% to 205.62 points on Thursday, September 10, gapping lower at the open and then drifting in a narrow range near session lows. Constituents fell across the board, with Lam Research down 5.65%, SK Hynix’s ADR down 5.2%, and Micron, Western Digital and SanDisk each losing at least 4.06%. Teradyne and Applied Materials dropped at least 3.17%, while Seagate Technology and Rambus fell at least 2.62%.

TREE NEWS reports: The Magnificent 7 index closed up 0.11% at 225.67 on Thursday, September 10, recovering from a lower open. The mega-cap tech index moved the other way, falling 0.75% to 449.62 after gapping lower and trading in a narrow range near its lows.