Flash News

TREE NEWS update: CATL said on its investor interaction platform that capacity tightness has eased as new production capacity came online this year, but demand continues to grow. The battery giant expects its capacity utilization rate to remain at a relatively high level and stay in a healthy state going forward.

TREE NEWS reports: China Europe Fund investment director Ge Lan significantly increased her stake in GenScript Biotech in the third quarter. 27 quarterly reports. Her two healthcare-focused funds are China Europe Healthcare and China Europe Medical Innovation; the larger, China Europe Healthcare, had net assets of 25.544 billion yuan at end-Q3 2026. Zhao Lei was added as co-manager of that fund in July 2025.

TREE NEWS update: S&P Global is evaluating the future of its data businesses including Capital IQ, the company said, without disclosing specific options or a timeline. The review covers the unit that houses Capital IQ and other data products. No further details on scope, structure or potential transactions were provided.

TREE NEWS update: Pop Mart held an earnings call on which COO Si De said overseas markets are gradually stabilizing and that the upcoming fourth-quarter sales peak presents opportunities. He said the third quarter of 2025 was a breakout period for the business, making this year’s third quarter face a tough year-on-year comparison due to the high base. The company expects China to remain steady and still sees full-year year-on-year growth.

TREE NEWS reports: Boeing reported third-quarter adjusted free cash flow of $464 million, ahead of the $325.1 million estimate. Commercial airplane revenue fell 3.4% year over year to $10.72 billion, missing the $10.94 billion estimate, while the segment’s operating loss narrowed to $697 million from $5.35 billion a year earlier. Total revenue was $24.19 billion versus the $23.85 billion expected, and core loss per share was 34 cents. Boeing shares rose 1.4% in premarket trading.

TREE NEWS update: Huatong Group plans to transfer 57.02 million unrestricted shares of Qingdao Foods, or 29.24% of the company, to Tsingtao Brewery Group via a non-public agreement, which would change the actual controller to the Qingdao SASAC. The agreement has not been signed and the parties are still negotiating core terms including price. Qingdao Foods’ stock rose more than 20% cumulatively over October 26 and 27.

TREE NEWS update: BYD Commercial Vehicles and Milkyway signed a strategic cooperation agreement and held a vehicle delivery ceremony on Oct. 26 at BYD’s Liujiao Building in Pingshan, Shenzhen. The delivered BYD Q3 pure-electric tractor unit is equipped with a 600 kWh Blade battery and offers a combined-cycle range of 450 kilometers.

TREE NEWS update: Tencent sold shares in Beijing Yunji Technology, lowering its stake in the company to 6.79% from 7.15%. The filing did not disclose the number of shares sold or the value of the transaction.

TREE NEWS update: JPT announced third-quarter 2026 revenue of 1.143 billion yuan, up 81.86% year-on-year, with net profit attributable to shareholders of 233 million yuan, up 114.15%. Non-recurring net profit rose 114.61% to 231 million yuan. For the first three quarters, revenue reached 2.63 billion yuan, up 74.28%, and net profit was 428 million yuan, up 109.99%.

TREE NEWS update: Corning reported third-quarter core sales of $5.08 billion, topping the $5.02 billion market estimate, with core earnings per share of 91 cents versus 89 cents expected. The company guided fourth-quarter core EPS to 96 cents to $1.00, above the 93-cent estimate, and core sales to $5.2 billion to $5.3 billion versus $5.2 billion expected. Corning shares rose about 3% in premarket trading.

TREE NEWS update: PayPal now expects full-year adjusted earnings per share of about $5.60, up from its prior forecast of roughly $5.38, the company said. The new guidance also tops the market estimate of $5.38. The raised outlook covers PayPal’s adjusted EPS for the full year.

TREE NEWS update: PayPal Holdings (PYPL.O) is eliminating more than 2,000 jobs and cutting management positions by over 25%, the company disclosed on October 27. The reductions mark a significant workforce restructuring at the payments giant, which has been working to streamline operations and reduce costs.

TREE NEWS update: Shanghai Guosheng Group will become the controlling shareholder of Huaxin Shares after buying 233 million shares, or 22.00% of the company, from Yidian Group at 13.85 yuan per share, Huaxin said in a filing. Guosheng and its units will hold 29.99% after the deal, while Yidian also sells 52.94 million shares (4.99%) to Guomao Holding. The combined 286 million shares, 26.99% of total capital, are worth 3.966 billion yuan, and the stock resumes trading on Oct 28, 2026.

TREE NEWS reports: Ark Invest bought $5.2 million of Circle shares and sold $15.9 million of its own Bitcoin ETF as part of a fund rebalancing, with BTC falling below $80,000. The trades shifted the firm’s weightings toward the stablecoin issuer and away from its bitcoin fund exposure.

TREE NEWS update: Coca-Cola reported third-quarter net revenue of $13.4 billion and comparable earnings per share of $0.91, beating the $0.88 estimate. The beverage maker’s US-listed shares rose nearly 1% in premarket trading following the results.

TREE NEWS update: CanSino Biologics reported 2026 first-three-quarter revenue of 882 million yuan, up 27.40% year on year, with net profit attributable to shareholders of 16.29 million yuan, up 12.82%. Non-recurring net loss narrowed 45.72% to 44.98 million yuan. In the third quarter alone, revenue rose 7.17% to 332 million yuan, while net profit fell 39.08% to 17.01 million yuan.

TREE NEWS reports: Yidian Tianxia (301171.SZ) reported revenue of RMB3.407 billion for the first three quarters of 2026, up 25.38% year on year. Adjusted net profit excluding forex gains and losses and share-based payment came in at RMB205 million, up 27.70%, while R&D spending rose 24.03% to RMB135 million. Third-quarter revenue was RMB1.175 billion.

TREE NEWS update: BofA Global Research added SpaceX (SPCX.O) to its US equity top picks list on October 27. The addition places the private space company among the bank’s highest-conviction US stock selections. No further details on the rationale or weight were disclosed.

TREE NEWS update: General Motors will move its common stock listing from the New York Stock Exchange to the Nasdaq Global Select Market, keeping its “GM” ticker. Trading on Nasdaq is expected to begin on November 17 local time. The automaker’s shares will continue to trade under the same symbol after the transfer.

TREE NEWS update: Gree Electric Appliances shareholder Jinghai Hulian plans to increase its stake in the company by RMB 600 million to RMB 1.2 billion within six months of the disclosure date, using centralized bidding and block trades. The funds will come from its own capital and a special loan from financial institutions for share purchases.