TREE NEWS reports: European stocks opened mixed on [date]. Germany’s DAX rose 0.04%, the UK’s FTSE 100 gained 0.12%, and France’s CAC 40 slipped 0.01%. The Euro Stoxx 50 was up 0.05%.
TREE NEWS reports: China’s three major stock indexes closed slightly higher on Thursday, with the Shanghai Composite up 0.02%, Shenzhen Component up 0.1%, and ChiNext up 0.01%. Total turnover fell below 1.8 trillion yuan to 1.78 trillion yuan, while over 3,500 stocks declined. Liquid cooling concept stocks led gains, with Jitai Co. hitting a four-day limit up.
TREE NEWS reports: China’s A-share innovative drug concept partially recovered on Tuesday, with Qianjin Pharmaceutical hitting the daily limit up in late trading and Dezhan Health earlier sealing the limit. Innovent Biologics, Dizal Pharma and Baili Tianheng led gains.
TREE NEWS update: Sifang Technology’s shares hit the daily limit-down at 13.91 yuan per share, down 10.03%, on Sept. 3, the subscription and payment day for its ‘Sifang Convertible Bond’ rights issue. The company attributed the drop to investors selling shares to fund the subscription, calling it normal based on past cases.
TREE NEWS update: The Securities Association of China has issued a draft best-practice document for securities firm mergers and acquisitions, the first of its kind to cover the entire process. The draft, titled Securities Industry Best Practice No. 7 – Securities Firm M&A (Draft for Comments), was sent to member firms for feedback. It systematically outlines key points from due diligence to integration, drawing on completed merger cases to guide high-quality industry consolidation.
TREE NEWS reports: US stocks rebounded Wednesday after ADP reported August private payrolls grew by just 38,000, below the expected 48,000 and the weakest since January. The Dow rose 0.56%, while the S&P 500 and Nasdaq each gained 0.46%, ending a three-day losing streak. Treasury yields fell and gold rose. However, CME FedWatch still shows a 62.3% chance of a September rate hike, ahead of Friday’s official jobs report.
TREE NEWS reports: Shein’s Hong Kong-listed shares dropped 10% to HK$41.40 on Monday, continuing a recent decline. The fast-fashion retailer’s stock has been volatile since its listing. The move reflects ongoing market sentiment and sector pressures.
TREE NEWS reports: Taiwan’s benchmark TAIEX index fell 0.7% to close at 45,857.66 points on [date]. The decline reflects continued market volatility amid global economic uncertainties.
TREE NEWS reports: China’s major stock indexes turned lower in afternoon trading, with the STAR 50 index extending losses to 1%. Over 3,900 stocks fell across Shanghai, Shenzhen, and Beijing exchanges. In Hong Kong, the Hang Seng Tech Index dropped over 1%.
TREE NEWS reports: China’s major A-share indices turned lower in afternoon trading, with the STAR 50 index extending losses to 1%. Over 3,800 stocks declined across the market, reflecting broad weakness.
TREE NEWS reports: South Korea’s KOSPI index fell 1% on Thursday, reversing an earlier gain of 1.8%, as SK Hynix dropped over 2% and Samsung Electronics fell over 1%. The decline came amid broad market weakness in tech stocks.
TREE NEWS reports: A-share gold stocks rebounded on Friday, with Baiyin Youse hitting the daily limit up. Hunan Gold, Huayu Mining, Hunan Silver, Zhongjin Gold, Chifeng Gold, and Western Gold also posted strong gains, leading the sector higher.
TREE NEWS update: Shanghai Composite rose 0.43% by midday, led by cultivated diamond and shipping stocks. Hang Seng was flat, Hang Seng Tech fell 0.6%, Hang Seng Biotech gained nearly 1%. China’s August RatingDog services PMI rose to 51.4, with employment growing for four straight months. Uber plans to cut about 10% of global staff.
TREE NEWS update: Chinese optical communications equipment maker Nazhen Technology plans to launch its Hong Kong IPO as early as September 14, targeting a raise of about $800 million. The company is set to list on the Hong Kong Stock Exchange.
TREE NEWS update: Uber announced plans to cut about 10% of its global workforce. The restructuring will see only about 1% of employees working remotely, a 20% reduction in staff positioned seven or more levels from the CEO, and a nearly 50% cut in the number of micro-teams.
TREE NEWS reports: Broadcom reported FY2026 Q3 revenue of $29.591B and adjusted EPS of $3.32, both beating consensus. AI semiconductor revenue surged 221% year-over-year to $16.7B, accounting for 56% of total revenue. However, Q4 revenue guidance of $34.8B missed estimates of $35.03B, while AI semiconductor guidance of $21.7B beat expectations. Management guided FY2027 AI revenue to double to $115B and FY2028 to $230B.
TREE NEWS reports: Bitcoin spot ETFs recorded a net inflow of $101 million on Sept 2, with BlackRock’s IBIT leading at $115 million, bringing its historic total to $63.485 billion. Grayscale’s Bitcoin Mini Trust BTC followed with $30.42 million, raising its historic net inflow to $2.897 billion.
TREE NEWS reports: Shanghai Composite rose 0.43% to 3,958.19 points at midday, while Shenzhen Component gained 0.39% to 13,664.14. ChiNext added 0.43%, CSI 300 rose 0.51%, but STAR 50 slipped 0.04%. CSI 500 and CSI 1000 also advanced.
TREE NEWS update: Chinese equities traded mixed at midday on Tuesday, with the Shanghai Composite up 0.43%, Shenzhen Component up 0.39%, and ChiNext up 0.43%. Cultivated diamond and shipping sectors rallied, with stocks like Huanghe Whirlwind and COSCO Shipping Energy hitting limit-up. However, over 3,000 stocks fell across the three bourses, and turnover reached 1.11 trillion yuan in the morning session.
TREE NEWS reports: Lab-grown diamond concept stocks rallied again in China on [date not specified]. Huanghe Whirlwind hit the daily limit up, while Hensheng Energy had previously sealed its limit. Huifeng Diamond rose over 10%, with Sifangda, Lijian Diamond, and World leading gains.
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