Flash News

TREE NEWS reports: China’s A-share defense sector rallied sharply, with Chenxi Aviation hitting the 20% daily limit and Great Wall Military Industry sealing its limit-up board. Ocean King, North Long Dragon, Hunan Tianyan and Xinyu Guoke all surged. The move marks a sudden broad advance across military-related names on the mainland exchanges.

TREE NEWS update: Taiwan will put up $4 billion to establish an industrial park in the United States to house Nvidia’s suppliers. The planned site is intended for companies in the chipmaker’s supply chain. No timeline or specific US location was given.

TREE NEWS reports: The CSI Convertible Bond Index opened 0.49% higher. Ruichuang, Guanzhong, Aohong, Lianrui and Tonghe convertible bonds led gains at 5.40%, 3.94%, 3.70%, 3.16% and 3.00% respectively. Tianyuan, Hongcheng, Shuangle, Shengde and Jiuqiang convertible bonds led declines at 0.90%, 0.65%, 0.51%, 0.46% and 0.27%.

TREE NEWS reports: China’s treasury futures opened mixed on the latest trading session, with the 30-year main contract down 0.03%. The 10-year and 5-year main contracts were both flat at 0.00%, while the 2-year main contract was unchanged at 0.00%. The moves reflect a quiet open across the curve.

TREE NEWS reports: China’s major stock indices opened higher, with the Shanghai Composite up 0.44% at 3723.80 and the Shenzhen Component up 1.26% at 11965.57. The ChiNext Index rose 1.75% to 2831.89, the CSI 300 gained 0.56% to 4189.26, and the STAR 50 climbed 1.65% to 1381.93. The CSI 500 and CSI 1000 advanced 1.39% and 1.48% respectively.

TREE NEWS update: China’s Ministry of Commerce said Vice Minister and Deputy International Trade Representative Ling Ji met DHL Group CEO Tobias Meyer on Oct. 15. The two sides exchanged views on DHL’s development in China and on China-Germany and China-EU economic and trade cooperation. The ministry released the announcement without giving further details of the talks.

TREE NEWS update: The People’s Bank of China injected 60 billion yuan via 7-day reverse repurchase agreements on Wednesday, keeping the operation rate at 1.40%, unchanged from the previous auction. The move came as 2 billion yuan of reverse repos matured the same day, leaving a net injection of 58 billion yuan into the banking system.

TREE NEWS reports: Hong Kong stocks opened higher, with the Hang Seng Index up 1.08% at 24,321.45 and the Hang Seng Tech Index rising 1.59%. MINIMAX gained 4%, while Iluvatar CoreX, NIO and Tencent Music each climbed more than 3%.

TREE NEWS reports: South Korea’s KOSPI index widened its intraday gain to 3.3% and stood at 5,737.91 points. SK Hynix rose 2.22% and Samsung Electronics gained 1.79% on the day.

TREE NEWS reports: The People’s Bank of China set the yuan’s central parity rate at 6.7220 per US dollar, 33 pips stronger than the previous fix of 6.7253. The onshore spot closed the prior session at 6.6916, while the overnight session last traded at 6.6914.

TREE NEWS update: South Korea’s finance ministry said it will strengthen monitoring of market risk factors, calling stock market fundamentals still solid. It pledged to deal seriously with any acts that disrupt the market and to closely track how stock market volatility affects the bond, foreign exchange and short-term funding markets.

TREE NEWS reports: Taiwan’s TAIEX weighted stock index opened little changed on the day, quoted at 46,995.03 points. The benchmark showed minimal movement from the prior session at the open, with no further details on sector performance or turnover disclosed.

TREE NEWS reports: Chinese commodity futures opened with gains in rubber and metals, as BR rubber’s main contract rose more than 2%, while Shanghai silver, Shanghai tin and No. 20 rubber each climbed over 1%. Palm oil, pure benzene, fuel oil, Shanghai nickel, styrene, methanol, liquefied petroleum gas and ethylene glycol all fell more than 1%.

TREE NEWS reports: Gold fell 0.36% to $4,156.44 an ounce, while silver rose 0.29% to $57.192 an ounce. WTI crude slipped 0.2% to $97.71 a barrel and Brent declined 0.12% to $107.53. The dollar gained 0.02% against the offshore yuan to 6.69038 and 0.11% against the yen to 158.156, as Europe’s Stoxx 50 added 0.81% to 6,189.73.

TREE NEWS reports: FTSE China A50 index futures rose 0.48% in early trading, following a 0.55% gain in the prior session’s night trading. The move reflects opening momentum in the offshore futures contract tracking the 50 largest A-share companies listed on the Shanghai and Shenzhen exchanges.

TREE NEWS update: Alcoa has reached a final agreement to sell part of its Massena East site for up to $315 million in potential cash consideration, with $50 million to $65 million expected at closing within about six months and the remainder collected by the end of the decade. The land is intended for a data center with an initial minimum of 180 megawatts, expandable to 635 MW. It is the first transaction toward Alcoa’s $500 million-$1 billion asset monetization target by 2030.

TREE NEWS reports: Margin financing balances across the Shanghai and Shenzhen stock exchanges fell by a combined 31.325 billion yuan on October 15 from the previous trading day, to 2.466 trillion yuan. The Shanghai exchange’s balance dropped 14.591 billion yuan to 1.265 trillion yuan, while Shenzhen’s fell 16.734 billion yuan to 1.201 trillion yuan.

TREE NEWS reports: South Korea’s benchmark KOSPI index rose more than 2%. The move marks a gain of over 2% for the Seoul composite index. No further details were immediately available.

TREE NEWS update: Chinese Foreign Minister Wang Yi met Turkish Foreign Minister Hakan Fidan on October 15, 2026, in Baku on the sidelines of the CICA summit. Wang expressed China’s support for Turkey hosting the 31st UN Climate Change Conference and said the two sides should align the Belt and Road Initiative with Turkey’s Middle Corridor plan to improve conditions for two-way investment. They also exchanged views on the Middle East and the Ukraine crisis.

TREE NEWS update: Chinese Foreign Minister Wang Yi met Israeli President Isaac Herzog on the sidelines of the CICA summit in Baku on October 15, 2026. Wang said advancing regional peace and reconciliation is the cornerstone of China’s Middle East policy, called the Palestinian issue the greatest historical injustice of the century, and said the two-state solution is the correct path. He urged fully opening access routes into Gaza so that 2 million civilians are not left struggling at the edge of survival, and said Israel should halt and reverse settlement construction in the West Bank.