TREE NEWS update: The Reserve Bank of New Zealand kept its official cash rate unchanged at 2.75% on a 4-3 vote, surprising markets and sending the New Zealand dollar and government bond yields sharply lower. In South Korea, SK Hynix reported third-quarter operating profit rose sevenfold year-on-year and unveiled a 100 trillion won shareholder return plan, lifting its shares 10% and helping drive a more than 6% gain in the Kospi. ChangXin Technology has been added to the Shanghai Composite Index as its largest weighted stock.
TREE NEWS update: Standard Chartered reported third-quarter pre-tax profit of $2.25 billion, topping the $2.09 billion estimate. Operating income for the quarter came in at $5.78 billion, also ahead of the $5.63 billion consensus forecast. The results were released as the bank’s latest quarterly earnings.
TREE NEWS reports: Robinhood reported third-quarter crypto revenue of $120 million, up 20% quarter over quarter, with $26 million coming from its Robinhood Chain mainnet that launched July 1. Excluding the chain, crypto trading revenue fell about 6% to $94 million and total crypto revenue remained 55% below a year earlier. Company-wide revenue hit a record $1.42 billion, while net income fell 14% to $476 million and diluted EPS of $0.51 missed the $0.55 estimate.
TREE NEWS reports: The Hang Seng Tech Index rose 2% during intraday trading, with MNIMAX gaining more than 8% and Lenovo Group climbing over 6%. The moves reflect strength in Hong Kong-listed technology shares.
TREE NEWS reports: Kioxia shares rose 16% after SK Hynix reported better-than-expected quarterly earnings. The gain puts the memory-chip maker among the session’s strongest movers, with the Korean peer’s results cited as the trigger for the rally.
TREE NEWS reports: SK Hynix shares surged 10% while Samsung Electronics gained 9.5%. The two South Korean chipmakers led the advance, with no further detail provided on the drivers behind the rally. Both stocks are major suppliers in the memory semiconductor market.
TREE NEWS reports: China’s Shanghai Composite closed the morning session at 3,674.44, up 0.72%, while the Shenzhen Component rose 1.99% to 11,470.03 and the ChiNext Index gained 3.00% to 2,624.64. The CSI 300 added 0.68% to 4,077.16, the STAR 50 climbed 2.51% to 1,283.67, the CSI 500 rose 2.28% to 6,659.93 and the CSI 1000 advanced 2.60% to 6,594.51.
TREE NEWS reports: The ChiNext Index rose 3% by the midday close on October 28, with the Shanghai Composite up 0.72% and the Shenzhen Component up 1.99%. Robot-concept stocks rallied broadly, led by Fulai New Materials’ fifth limit-up in eight sessions and a 12% gain in Unitree Robotics, while semiconductor and PCB shares also advanced. More than 4,500 stocks across the Shanghai, Shenzhen and Beijing exchanges traded higher.
TREE NEWS update: Broadcom CEO Hock Tan personally intervened in last-minute weekend negotiations to finalize a $63 billion AI chip financing deal for Anthropic, the largest AI infrastructure debt financing on record. The “Project North Star” transaction comprises about $42 billion in senior secured loans underwritten by Bank of America, Citigroup and Morgan Stanley, plus roughly $18 billion in subordinated debt, half funded by Blackstone. Banks plan to issue about $21 billion of investment-grade bonds as early as Q1 2027.
TREE NEWS update: Changxin Technology has been added to the Shanghai Stock Exchange Composite Index with a 4.67% weighting, making it the index’s largest constituent. The company was also added to the SSE STAR Market Composite Index with a 15.74% weighting, where it is likewise the top-weighted stock. Index rules adjust weight factors on the trading day after the second Friday of each month, or when a newly included sample’s weight exceeds 15%.
TREE NEWS update: SK Hynix reported third-quarter 2026 revenue of 104.62 trillion won ($75.3 billion), up 327.9% year on year, with operating profit of 83.33 trillion won ($60 billion) and net profit of 39.78 trillion won ($28.6 billion). The chipmaker will pay a 14 trillion won ($10.1 billion) cash dividend and buy back a further 20 trillion won ($14.4 billion) of stock. It expects the global memory shortage to last until 2030 and has locked in long-term supply deals covering over half of 2027-2028 capacity.
TREE NEWS update: Datavault AI shares fell 50% after the company said it cannot withdraw the bitcoin tied to a $150 million deal. Under the agreement, Scilex agreed to buy Datavault AI shares for $150 million, payable in bitcoin.
TREE NEWS reports: Japan’s Nikkei 225 gained 1.3% by the morning session close, while the broader Topix edged down 0.02%. The split session left the blue-chip index higher and the broader market essentially flat.
TREE NEWS reports: Shares of co-packaged optics (CPO) concept stocks rose sharply, with Gongjin Electronics hitting the daily limit-up and JPT Opto-electronics gaining more than 15%. Shijia Photons, Focuslight Technologies, Eoptolink Technology, T&S Communications and Zhongji Innolight each advanced more than 5%.
TREE NEWS reports: Lianxun Instruments’ share price rose back above 1,000 yuan intraday and was up more than 5% on the session. The move put the stock back over the four-digit threshold during trading. No further details on the cause or timing of the swing were provided.
TREE NEWS reports: The ChiNext Index rose more than 2% on the session, while the Shanghai Composite gained 0.69% and the Shenzhen Component added 1.34%. Semiconductor chips, computing hardware, gaming and consumer electronics led the advance, with more than 4,000 stocks across the Shanghai, Shenzhen and Beijing exchanges closing higher.
TREE NEWS reports: Chinese white liquor stocks fell collectively, with Huangtai Distillery touching the daily limit-down, while Jinshengzi Liquor, Jinhui Liquor, Wuliangye, Shanxi Fenjiu and Jinshiyuan also declined. The move hit the sector broadly on the session.
TREE NEWS reports: Chinese A-share gaming stocks rose sharply, with Dianhun Network hitting the daily limit-up and Shengtian Network gaining more than 10%. Kaisa Culture, Xinghui Entertainment, Bingchuan Network and Dasheng Culture also advanced, extending gains across the sector.
TREE NEWS reports: The Philippine stock index fell 1% during intraday trading. No further details on the move were immediately available. The decline marks a single-session drop for the benchmark gauge.
TREE NEWS reports: The CSI Convertible Bond Index opened 0.28% higher. Aohong, Fuhan, Lianrui, Huamao and Weidao convertible bonds led the gains, rising 5.56%, 4.05%, 3.62%, 3.04% and 2.87% respectively. Dingtong, Hongcheng, Longxin, Baolong and Youfa convertible bonds fell the most, down 1.14%, 1.03%, 0.42%, 0.40% and 0.39%.