Flash News

TREE NEWS reports: Shanghai Stock Exchange main board companies have issued more than 120 buyback-related announcements since October 1, corresponding to 24.7 billion to 46.4 billion yuan in planned repurchases, with over 17.6 billion yuan already executed. Progress announcements account for 16.6 billion yuan of the implemented total, locking in about 70% of the aggregate lower-bound buyback amount.

TREE NEWS reports: South Korean equities have lost investor attention across almost every metric, with market turnover down 70% from its late-May peak as foreign and local retail investors retreat. The reversal stems from the market’s heavy reliance on Samsung Electronics and SK Hynix. Julius Baer’s Richard Tang said capital is increasingly flowing back to US stocks, driving sustained foreign outflows from Korean shares.

TREE NEWS update: Shaanxi’s Yulin city has set up a dedicated working group to tackle overloading in hazardous-goods transport, after state broadcaster CCTV’s Focus Interview program aired a report on October 10 about Jingbian County-based Xingda Comprehensive Development Co. long transporting crude oil above legal load limits. The task force will address the overloading problem flagged in the program.

TREE NEWS update: US Treasury Secretary Scott Bessent told Senator Elizabeth Warren in a letter that the Treasury’s bond buyback program has been running since May 2024 and is welcomed by market participants, rejecting her claim that recent interventions are unprecedented. Bessent said the program aims to improve Treasury market liquidity, reduce volatility and secure better value for taxpayers.

TREE NEWS update: The head of the Atomic Energy Organization of Iran, Mohammad Eslami, said on October 11 that Iran cannot abandon the nuclear technology it has developed under foreign pressure, and that no law allows foreign parties to deprive Iran of that technology. Eslami said Iran will continue to push forward with its nuclear power projects and that construction will not stop.

TREE NEWS update: A severe fire broke out on the 10th in Serdang village, South Bangka regency, Bangka Belitung Islands province, Indonesia. A report issued at 09:40 on the 11th by the provincial disaster mitigation agency says about 600 homes and roughly 2,400 people have been affected. The agency added that the total burned area is still being assessed.

TREE NEWS update: Flooding struck north-central Nepal on June 11, destroying homes and bridges and forcing residents in some areas to evacuate, Nepali police said. It is not yet known whether there are any casualties. No further details on the affected districts or the number of displaced residents were immediately available.

TREE NEWS reports: Saudi officials say the kingdom’s air-defense interceptor stockpile has run critically low and have asked France, Britain, Pakistan and Egypt to deploy air-defense systems to the region, the Associated Press reported on March 11. One official said the United States has also seen its own weapons stockpiles depleted during the war with Iran. US assistance includes intelligence sharing, target identification and planning for recent operations against the Houthis, the officials said.

TREE NEWS update: CATL said its affiliate Mindong Times has completed private fund filing for the Xiamen Times Shenyuan Venture Capital Fund, in which it committed RMB 500 million for a 10.2041% stake. The filing with the Asset Management Association of China was registered on October 9, 2026, under code SGG884, the battery maker’s announcement showed.

TREE NEWS update: Yemen’s Houthi movement said it has “closed” Riyadh’s King Khalid International Airport after the Saudi capital’s main airport was struck, head of the Houthi-run Saba news agency, in a social media post. The claim followed an attack on the airport in Riyadh.

TREE NEWS update: Australia’s government issued a travel advisory on October 11 warning citizens to avoid King Khalid International Airport in Riyadh, Saudi Arabia. The notice also urged travelers planning trips to Saudi Arabia to monitor the local security situation. No further details were provided in the advisory.

TREE NEWS update: Yemen’s Houthi movement warned airlines, airport staff and passengers on October 11 not to use Saudi airports, saying the warning should be taken seriously and that Saudi Arabia is responsible for failing to intercept its attacks. The warning follows an attack on Riyadh’s King Khalid International Airport on the afternoon of October 10 that killed 12 people and injured 309. The Saudi-led coalition said the Houthis carried out the attack, called it a war crime and vowed a firm response.

TREE NEWS update: Construction of the upstream and downstream cofferdams for the Gezhouba shiplock capacity expansion began on the morning of the 10th, marking the start of main works on the project, part of the Three Gorges Water Transport New Corridor. The two cofferdams, together with bank slopes, will enclose the construction zone to allow dry-land construction of a new 10,000-tonne-class shiplock.

TREE NEWS update: Shanghai Lianjia said its “Sincere Sale” service has closed more than 100 deals since launching on Sept. 14. Nearly a quarter of the sold listings had been on the market for over 90 days, with an average listing period of 63 days, while the average transaction cycle after using the service was shortened to about 8 days.

TREE NEWS update: JPMorgan Asset Management plans to double its European assets under management to $2 trillion within five years, betting on wealthy European clients to drive growth. Patrick Thomson, CEO of EMEA for the unit, said active ETFs, alternatives and partnerships with leading wealth managers are its three strategic priorities. European AUM has already doubled over the past nine years, from $500 billion to $1 trillion, on market gains and client inflows.

TREE NEWS update: Hong Kong Financial Secretary Paul Chan said in a blog post on May 11 that the Huanggang Port will officially open, easing travel between Hong Kong and Shenzhen for residents, businesspeople and tourists. Chan said the city is strengthening both mainland and international connectivity, and that Hong Kong will host the APEC Finance Ministers’ Meeting.

TREE NEWS reports: China’s enterprise credit index stood at 161.32 in August, up 2.45 points from July, the State Administration for Market Regulation said on September 11. Operating and regulatory sub-indices posted the largest gains, with far fewer companies newly added to the abnormal operations list and far more removed from it, while the share of firms with elevated credit risk declined.

TREE NEWS update: Walmart opened its Futian KK ONE store in Shenzhen on October 11, located on the basement level of the KK ONE shopping mall in Futian District. It is Walmart’s 49th store in Shenzhen and the first of its new-generation format in the city, following new-format openings in Chengdu and Nanning, making it the third such store Walmart has opened within a month.

TREE NEWS update: China Securities Regulatory Commission Chairman Wu Qing convened a symposium in Beijing on Oct. 10, where participants agreed the macroeconomy is stable and improving and that the capital market is operating soundly. CaiXin Securities chief economist Yuan Chuang said the meeting sent a positive signal and that the A-share market’s medium- to long-term upward trend remains unchanged.

TREE NEWS update: Saudi Arabia’s Ministry of Education ordered all schools in Riyadh to switch to online learning from the 11th to the 15th, local time on the 11th. The country’s civil aviation authority said in a statement early on the 11th that an attack on Riyadh’s international airport on the 10th killed 12 people and injured 309.