TREE NEWS reports: US spot Bitcoin ETFs recorded $176 million in net inflows on October 27 (US Eastern Time), with BlackRock’s IBIT leading at $151 million, bringing its cumulative net inflow to $66.395 billion. Fidelity’s FBTC followed with $24.54 million, for a cumulative $10.363 billion. As of press time, total net assets of spot Bitcoin ETFs stood at $103.943 billion, with a net asset ratio of 6.4% and cumulative net inflows of $57.469 billion.
TREE NEWS reports: Stellantis reported third-quarter adjusted operating income of €256 million, up from €90 million a year earlier and above the €210.5 million estimate. Adjusted operating margin rose to 0.7% from 0.2%, versus a 0.47% forecast. The automaker posted a net loss of €453 million, while net revenue rose 1.1% year on year to €37.61 billion, beating the €36.43 billion estimate.
TREE NEWS reports: Combined turnover across the Shanghai and Shenzhen stock markets reached 1.628 trillion yuan ($229 billion) on October 28. The Shanghai exchange accounted for 751.0 billion yuan, while the Shenzhen exchange contributed 877.5 billion yuan. The ChiNext board alone recorded 454.0 billion yuan in trading volume.
TREE NEWS reports: China’s ChiNext Index rose 3.4% on heavy volume Monday as the three major mainland benchmarks rebounded, with more than 4,100 stocks across the Shanghai, Shenzhen and Beijing exchanges closing higher and combined turnover reaching 1.64 trillion yuan. The Shanghai Composite added 0.91% and the Shenzhen Component gained 2.02%. Robotics, semiconductor chip, computing hardware and AI animation shares led gains, while liquor, pork, insurance and brokerage stocks fell.
TREE NEWS reports: The Huatai-PineBridge China-Korea Semiconductor ETF (513310) rose nearly 8% and surpassed 20 billion yuan in turnover, leading all equity ETFs on the day and marking a 150% increase from the previous session’s full-day volume. Its two largest holdings, SK Hynix and Samsung Electronics, both posted strong gains in Korean trading.
TREE NEWS reports: Zhongji Innolight’s A-shares rose nearly 10% on Thursday, with net inflows from major funds exceeding 2.8 billion yuan, while peer Eoptolink gained about 8%. The two optical-module makers led gains among A-share technology stocks.
TREE NEWS reports: Japan’s Nikkei 225 closed up 685.82 points, or 1.08%, at 63,954.19 on Wednesday, October 28, led by chip stocks. South Korea’s KOSPI rose 374.1 points, or 6.63%, to 6,012.44, closing above the 6000 level for the first time in 10 trading sessions. SK Hynix gained nearly 11% and Samsung Electronics added about 9%.
TREE NEWS reports: Japan’s Nikkei 225 closed up 1.1% at 63,954.19, while the broader Topix slipped 0.1% to 3,991.71. South Korea’s Kospi outperformed with a 6.6% gain to 6,012.44, led by chipmakers SK Hynix, up nearly 11%, and Samsung Electronics, up about 9%.
TREE NEWS reports: Nomura Holdings posted second-quarter net profit of ¥103.73 billion, up 13% year on year, on total revenue of ¥1.32 trillion, a 14% increase. Investment banking fee income rose 28% to ¥57.17 billion, while asset management fees jumped 67% to ¥171.57 billion. Trading profit climbed 19% to ¥204.61 billion and brokerage commissions gained 20% to ¥125.56 billion.
TREE NEWS reports: BASF reported third-quarter adjusted EBITDA of €1.64 billion, up 15% year on year and above the €1.49 billion consensus estimate. Sales rose 14% to €16.36 billion, beating the €15.69 billion forecast. The German chemicals group now expects full-year adjusted EBITDA of €7.4 billion to €7.8 billion, raising its prior range of €6.9 billion to €7.7 billion; the market had expected €7.55 billion.
TREE NEWS reports: Mercedes-Benz Group reported third-quarter sales of €30.7 billion, down 4.5% year on year and below the €30.95 billion estimate. Mercedes-Benz Cars EBIT came in at €455 million, up 5.8% but short of the €584.7 million forecast. Net profit rose 28% to €1.52 billion, versus an estimated €1.66 billion.
TREE NEWS reports: Deutsche Bank reported a third-quarter common equity tier 1 capital ratio of 14%, down from 14.5% a year earlier but above the 13.9% estimate. Net revenue rose 3.6% year on year to €8.34 billion, beating the €8.24 billion estimate, while pre-tax profit climbed 7.6% to €2.63 billion. Third-quarter profit came in at €1.85 billion, ahead of the €1.71 billion estimate.
TREE NEWS reports: UBS reported third-quarter net profit of $2.69 billion, up 8.4% year on year but below the $2.74 billion estimate. Total revenue rose 4.6% to $13.35 billion, beating the $13.06 billion forecast, while pre-tax profit climbed 27% to $3.59 billion. Earnings per share were $0.85 versus $0.76 a year earlier, and the common equity tier 1 capital ratio stood at 14.7%, up from 14.4% in the prior quarter.
TREE NEWS reports: Chinese retail stocks extended gains in afternoon trading, with Tianhong Co. surging toward its daily limit-up and Maoye Commercial returning to close at the ceiling. Shanghai Jiubai, Guofang Group, Guangbai Co. and Youa Co. were among the top gainers. The move marks a second leg higher for the sector during the session.
TREE NEWS update: Reliance Jio Platforms shares jumped 21% on their first day of trading in Mumbai on Wednesday, making the company India’s second-most valuable with a valuation of about $131.5 billion. The listing follows billionaire Mukesh Ambani’s spin-off of the telecom and digital unit.
TREE NEWS reports: Some Chinese pension funds, insurers and mutual funds have increased their purchases of A-shares in recent days, as investment institutions broadly view the market as oversold. The buying activity was reported on the same day that institutional investors widely described current A-share levels as an overshoot.
TREE NEWS reports: Taiwan’s TAIEX weighted stock index rose 2.1% to 47,042.14 points. The gain reflects a broad advance in Taipei-listed equities.
TREE NEWS reports: LG Electronics reported third-quarter operating profit of 781.9 billion won on sales of 23.82 trillion won. Net profit for the quarter came in at 663.2 billion won, beating an estimate of 551.04 billion won.
TREE NEWS update: SK Hynix reported 2026 fiscal third-quarter revenue of 104.62 trillion won (about $78.32 billion), the first time quarterly revenue has exceeded 100 trillion won, with operating profit up 632.1% year on year to 83.33 trillion won. The chipmaker announced a 100 trillion won shareholder return plan for the fiscal year and said memory supply shortages will persist through 2030. Shares rose 10.14% to 1,477,000 won in Seoul.
TREE NEWS update: The Federal Reserve releases its FOMC rate decision at 02:00 Beijing time Thursday, with Chair Kevin Warsh holding a monetary policy press conference 30 minutes later. Earlier in the day, the Bank of Canada announces its rate decision at 21:45 Beijing time, US September goods trade balance and the UK chancellor’s first annual budget are due at 20:30, and Alphabet, Microsoft, KLA, ServiceNow and FedEx report after the US close.