Flash News

TREE NEWS update: HSBC Holdings finance chief Pam Kaur said the bank’s share-price decline stems from the market having expected stronger guidance from the company. Kaur attributed the drop to elevated investor expectations rather than to the results themselves. The remarks address the stock’s reaction to HSBC’s latest performance update.

TREE NEWS reports: China’s Shanghai Composite Index fell more than 1% in late trading, while the STAR 50 Index, which tracks Shanghai-listed science and technology stocks, dropped more than 4%. The declines mark a sharp selloff in the final stretch of the session, with the tech-focused STAR 50 underperforming the broader market.

TREE NEWS reports: Anthropic is expected to hold its IPO in the week of Nov. 16 at a reported target valuation of $2 trillion, which would place it among the world’s ten most valuable companies alongside TSMC and SpaceX. Investors still expect the company’s annualized revenue to top $100 billion by year-end, a projection that underpins the valuation at roughly 20 times sales from its May funding round.

TREE NEWS update: Gate will launch contract trading, trading bots and copy-trading for five stock contracts — TTMI (TTM Technologies), EIDO (iShares MSCI Indonesia ETF), EQT (EQT Energy), CSX (CSX Transportation) and AXP (American Express) — on October 27, 2026 at 17:00 UTC+8, supporting 1–20x long and short positions. The exchange said it now supports 496 stock contracts.

TREE NEWS reports: Morgan Stanley chief equity strategist Mike Wilson is holding to his year-end S&P 500 target of 8,000 despite recent pressure on U.S. stocks as enthusiasm for the AI trade cools. The bank set a tactical downside target of 7,100-7,200, slightly below the 200-day moving average, and said upcoming clearing events including the midterm elections should mark the end of the current correction. On semiconductors, Wilson was more cautious, saying support may be well below current levels but selling pressure could ease next month.

TREE NEWS reports: The ChiNext Index fell more than 2% and the STAR 50 Index dropped over 3% on the day, while the Shanghai Composite slipped 0.64% and the Shenzhen Component lost 1.40%. Pharmaceuticals, defense, software services and semiconductor chips led the declines. Nearly 4,600 stocks fell across the Shanghai, Shenzhen and Beijing exchanges.

TREE NEWS reports: South Korea’s KOSPI index closed up 168.88 points, or 3.09%, at 5,638.35 on Tuesday, October 27, with SK Hynix rising about 5% and Samsung Electronics about 4%. Japan’s Nikkei 225 closed up 1,078.72 points, or 1.73%, at 63,268.37 the same day, led by chip-related stocks.

TREE NEWS update: Anthropic publicly filed its S-1 with the U.S. Securities and Exchange Commission on Oct. 26 to list on the Nasdaq Global Select Market under the ticker “ANT.” The Claude developer reported first-half 2026 revenue of $16.286 billion, about 14 times the year-earlier period, with roughly 80% from usage-based API and model calls. It posted an adjusted operating profit of about $1.618 billion and a second-quarter operating profit of $974 million.

TREE NEWS reports: Japan’s Nikkei 225 rose 1.7% to close at 63,268.37, while the broader Topix added 0.6% to finish at 3,997.37. South Korea’s Kospi also gained, closing up 3.1% at 5,638.35. The moves marked gains across major Asian equity benchmarks.

TREE NEWS reports: HSBC Holdings’ Hong Kong-listed shares fell more than 6% after the bank’s third-quarter results came in below expectations. The drop followed the release of the earnings update, which disappointed investors. No further details on the results were provided.

TREE NEWS reports: Novartis reported third-quarter core earnings per share of $2.46, beating the $2.28 estimate. Core operating profit came in at $6.04 billion versus $5.61 billion expected, and core net income was $4.66 billion against a $4.34 billion estimate. Net sales reached $14.52 billion, slightly above the $14.46 billion forecast, with Cosentyx at $1.86 billion and Entresto at $1.17 billion.

TREE NEWS update: SK Hynix will report third-quarter 2026 earnings after the U.S. market close on Tuesday and will also unveil new shareholder return measures the same day. The results will test whether AI memory demand can sustain current margins, with HBM orders and capacity plans in focus. Shares of SK Hynix and Samsung Electronics each rose more than 5% in Seoul on Tuesday, lifting the Kospi as much as 4.5% intraday.

TREE NEWS update: Nvidia said it will invest $3 billion in Meta’s stock offering, as the two companies expand cooperation on the Muse and Muse-series models. Meta will broaden its deployment of Nvidia’s Vera Rubin, Vera CPU, Spectrum-X and BlueField-4, and the firms are considering collaboration on the OpenShell reference architecture and Nvidia Sentry.

TREE NEWS reports: Combined turnover on the Shanghai and Shenzhen stock exchanges exceeded 1 trillion yuan, 165.8 billion yuan less than at the same time the previous trading day. The figures reflect intraday trading volume across the two mainland bourses.

TREE NEWS reports: HSBC Holdings’ Hong Kong-listed shares dropped 5%, the stock’s move reflecting selling pressure on the London-headquartered bank’s locally traded equity. No further details on the cause or timing of the decline were provided.

TREE NEWS update: Meta Platforms raised the size of its common stock offering to $25 billion from $22.5 billion. The company priced 250 million Class A depositary shares at $50 per share in the public offering. The offering was previously sized at $22.5 billion.

TREE NEWS reports: The five largest hyperscalers — Microsoft, Alphabet, Amazon, Meta and Oracle — are projected to spend more on capital expenditure than they generate in free cash flow by 2027. Every $1 of new operating cash flow will correspond to about $1.57 of new capex. Oracle’s capex reached 174% of operating cash flow in fiscal 2026, and its free cash flow has turned negative.

TREE NEWS reports: HSBC’s Hong Kong-listed shares fell as much as 3.7% in afternoon trading after the bank released its earnings report. The stock pared some of the decline later in the session. No further details on the results or the size of the move were provided.

TREE NEWS update: SAIC Motor sold 1.166 million vehicles overseas in the first nine months of the year, up 52.4% year on year and already exceeding its full-year 2025 overseas volume, the company said. Total group sales reached 3.147 million units over the period, keeping SAIC first in China’s auto industry.

TREE NEWS update: US September durable goods orders, August home price indices and October consumer confidence data are scheduled for release, alongside earnings from Boeing, UPS, Corning, Novartis and SK Hynix. German President Frank-Walter Steinmeier visits China from October 27 to 31, and Israel holds elections. The calendar covers the October 27-31 window, with US data due at 20:30 and 22:00 Beijing time.