Flash News

TREE NEWS update: TSMC said demand is expected to remain strong in the fourth quarter, while taking a cautious approach in formulating its 2027 business plan. The chipmaker gave no specific figures for the quarter or for 2027. The guidance covers both current-quarter demand and longer-term planning.

TREE NEWS reports: The New Taiwan dollar’s decline against the US dollar widened to 1% on the day, with chip stocks deepening their losses at the same time. The move marks a sharper drop for the currency alongside a selloff in semiconductor equities. No further figures were disclosed.

TREE NEWS reports: China’s power and energy storage battery sales reached 222.7GWh in September, up 52% year on year but down 0.2% month on month. Power batteries accounted for 149.2GWh, or 67.0% of the total, up 35.0% year on year; energy storage batteries totaled 73.5GWh, 33.0% of the total, up 104.4% year on year. Cumulative sales for January-September reached 1,681.7GWh, up 57.6% year on year.

TREE NEWS update: South Korea’s Financial Services Commission convened an emergency meeting on the stock market, the regulator said. The session was called to address conditions in the country’s equity market. No further details on the agenda, participants or any measures discussed were disclosed.

TREE NEWS update: TSMC said it expects fourth-quarter revenue of $52.3 billion to $54.3 billion, above the $50.35 billion market estimate. The chipmaker guided Q4 gross margin at 65%-67%, versus an estimated 66.1%, and operating margin at 56.5%-58.5%, against an estimated 58%.

TREE NEWS update: Shenzhen issued implementation rules for its commodity housing sales system, allowing developers to sign deposit contracts for completed projects that have obtained construction permits for the main structure. Deposits are generally capped at 3% of the total purchase price, and contracts must specify the amount, price, delivery date and liability for non-performance. If a developer fails to deliver on time, buyers may terminate the contract and the developer must refund the deposit and bear liability.

TREE NEWS update: Shenzhen issued implementation rules for its commodity housing sales system reform, tightening pre-sale management. For commodity housing projects whose state-owned construction land use right transfer announcements are published after August 28, 2026, developers applying for pre-sale must have the individual building’s main structure topped out — defined as the building completing roof-level structural concrete pouring — and submit a signed quality acceptance record for the main structure.

TREE NEWS reports: The Taiwan dollar weakened 0.9% against the US dollar to trade at 32.370. The move marks a session decline for the local currency versus the greenback.

TREE NEWS update: Bank of Japan board member Junko Koeda said the central bank must assess the overall economic picture rather than relying solely on the neutral interest rate, which should be viewed as a range. Appropriate measures are needed to prevent price moves from exceeding 2%, she said. The remarks signal continued debate over how far the BOJ should tighten policy.

TREE NEWS reports: The UK’s goods trade deficit narrowed to £18.007bn in August, compared with a revised £20.965bn the previous month, official figures show. The monthly shortfall in goods trade shrank by roughly £2.96bn month on month. The data cover August and were released as part of the UK’s regular trade statistics.

TREE NEWS reports: UK manufacturing output rose 1.2% month-on-month in August, following a 0.9% increase in the previous month. The August reading marks a faster pace of growth than July’s revised figure. No further breakdown of the industrial production data was provided.

TREE NEWS update: Douyin E-commerce launched its 2026 Double 11 shopping festival on October 15, running through November 11. The platform will keep simple discounts such as direct price cuts and single-item markdowns, issue platform-wide consumer coupons throughout the period, and distribute coupons in batches across Doubao, Hongguo Short Dramas and Toutiao. It is also rolling out traffic incentives, operating subsidies, AI tools and fulfillment guarantees for merchants.

TREE NEWS reports: South Korea’s benchmark KOSPI index extended its decline to 9% and stood at 5,467.66. SK Hynix and Samsung Electronics each fell more than 11% as the selloff accelerated. The index’s drop deepened during the session.

TREE NEWS reports: Broad-base ETFs in China saw a sharp afternoon surge in trading volume, with several funds exceeding their entire previous-day turnover. E Fund ChiNext ETF (159915) traded over 7.1 billion yuan and ChinaAMC STAR 50 ETF (588000) over 5.8 billion yuan. Huatai-PineBridge CSI 300 ETF (510300) topped 4.8 billion yuan, while E Fund STAR 50 ETF (588080) and ChinaAMC SSE 50 ETF (510050) each exceeded 1.6 billion yuan.

TREE NEWS reports: Chinese brokerage shares extended their rally, with Jinlong Co. surging toward its daily limit-up and Hualin Securities having earlier hit the ceiling. Capital Securities, Huaxin Shares, East Money and Compass led the gains. The move marks a renewed push in the A-share brokerage sector.

TREE NEWS reports: The Taiwan Stock Exchange weighted index closed 3.4% lower at 46,969.87 points. The decline marked a sharp single-session drop for the benchmark.

TREE NEWS reports: South Korea’s KOSPI index fell below the 5,500 level, dropping 8.47% during the session. The decline marks a sharp single-day selloff in the benchmark index.

TREE NEWS reports: The ChiNext Index dropped more than 4% in afternoon trading, setting a new low for the year, while the STAR 50 Index fell over 3.5% at the same time. The declines mark a fresh 2024 trough for the growth-focused board as selling pressure persisted through the session.

TREE NEWS reports: Chinese coal shares extended losses, with Zhengzhou Coal Industry & Electric Power hitting the daily limit down. Yunmei Energy, Shaanxi Heimao, Haohua Energy, Dayou Energy and Lanhua Sci-Tech all fell in sympathy. The sector has been weakening steadily, though no specific catalyst was cited for the move.

TREE NEWS update: China’s first cross-border centralized trading of green electricity certificates (GECs) was completed in Guangzhou on October 14, with about 100,000 certificates traded, corresponding to nearly 100 million kWh of renewable energy. The transaction marks the large-scale entry of China’s renewable energy certificates into the Hong Kong market, opening a channel between the mainland GEC market and Hong Kong’s international green finance market.