Flash News

TREE NEWS reports: The Shanghai Composite closed the morning session at 3,765.71, down 1.21%, while the Shenzhen Component fell 2.09% to 12,356.56. The ChiNext Index dropped 2.61% to 2,957.32 and the STAR 50 slid 3.78% to 1,401.24. The CSI 300 was down 1.27% at 4,255.65, with the CSI 500 off 2.19% at 7,089.40 and the CSI 1000 down 2.39% at 6,968.22.

TREE NEWS reports: China’s ChiNext Index dropped 2.61% to fall below the 3,000 mark at the midday close on October 9, while the STAR 50 Index fell more than 4% intraday. Computing hardware names led the decline, with PCB and CPO stocks such as Huazheng New Material and Jin’an Guoji hitting the limit down. Turnover for the morning session reached 1.18 trillion yuan, with more than 4,300 stocks declining.

TREE NEWS update: PAG has entered exclusive negotiations with China Evergrande’s liquidators to acquire a stake in Evergrande Property Services, the group’s property management arm. The talks give the Hong Kong private equity firm a period of exclusivity in the deal for the unit. No price, stake size or timetable was disclosed.

TREE NEWS reports: The Philippine stock index rose 2.1% on the day. No further detail on the drivers of the move was given. The advance marks a session gain for Philippine equities.

TREE NEWS reports: China’s overnight Shanghai Interbank Offered Rate (SHIBOR) fell 6.26 basis points to 1.3130%, while the 7-day rate dropped 4.90 basis points to 1.3410%. The 3-month SHIBOR was unchanged at 1.4300%, holding flat with a 0.00 basis point move.

TREE NEWS reports: The ChiNext Index trimmed its decline to less than 2% after earlier dropping more than 3%, as of the latest reading. The index had been down over 3% intraday before recovering part of the loss, leaving it under 2% lower.

TREE NEWS reports: Shanghai Lianjia Research Institute data show second-hand home transactions through Lianjia rose 44% year on year during the Oct 1-7 National Day holiday, while new-home transactions climbed 64%. Viewing volume grew more slowly than closed deals, a gap the institute reads as faster buyer decision-making and fading wait-and-see sentiment as policy easing and steadier price expectations pull first-time and upgrade demand into the market.

TREE NEWS update: Hong Kong’s Securities and Futures Commission CEO Julia Leung said extended trading hours will first be rolled out in the derivatives market, while HKEX will publish a discussion paper this quarter on extending cash market trading hours and will welcome public feedback. No specific timetable for the cash market change was given.

TREE NEWS reports: Japan’s Nikkei 225 closed the morning session down 0.8%, while the broader Topix index eked out a 0.03% gain. The split finish left the two Tokyo benchmarks on opposite sides of the flat line at the midday break.

TREE NEWS reports: Shanghai Metals Market data showed the MMLC battery-grade lithium carbonate early-session mid-price at 120,500 yuan per tonne, down 500 yuan per tonne from the previous day’s 16:30 price.

TREE NEWS update: Honda will introduce its next-generation hybrid system globally starting in 2027, the automaker said. The rollout covers markets worldwide, with the new system marking the company’s next step in its hybrid lineup. No further details on models, production volumes or investment were given.

TREE NEWS update: China’s Ministry of Commerce set the 2027 non-state crude oil import allowance at 257 million tonnes, the ministry said. The figure defines the volume of crude that non-state traders are permitted to import under the quota system for that year. No further details on allocation or timing were given.

TREE NEWS reports: China’s ChiNext Index and the STAR 50 Index both dropped more than 2%, while the Shanghai Composite fell 0.81% and the Shenzhen Component lost 1.68%. Computing hardware, defense, consumer electronics and semiconductor sectors led the declines, with more than 4,400 stocks falling across the Shanghai, Shenzhen and Beijing exchanges.

TREE NEWS update: Shanghai Boke Private Fund Management announced on October 8 that He Kang, formerly chief strategist and chief financial engineering officer at Huatai Securities Research Institute, has joined the firm as chief investment officer. He Kang obtained his fund practitioner qualification on September 17, 2026 and is registered under Shanghai Boke.

TREE NEWS reports: China’s second-hand home transaction area filed online reached 61,746 million square meters in the first nine months of the year, up 10.7% from a year earlier. The figure covers nationwide online-signed deals for existing homes from January through September.

TREE NEWS update: Japanese Prime Minister Sanae Takaichi said interest rates and exchange rates are determined by the market, and that she is closely monitoring foreign exchange and price trends. She said fiscal policy will help maintain market confidence in the yen, and that improving competitiveness will help strengthen confidence in the currency.

TREE NEWS update: The Export-Import Bank of China issued a 3-month bond of 20 billion yuan, with an issuance rate of 0.0000% versus an expected 1.3300%. The bid-to-cover ratio was 1.00 times and the marginal ratio was 1.00 times.

TREE NEWS reports: Hong Kong’s Hang Seng Tech Index climbed more than 2% during intraday trading, with Xiaomi shares rising over 5%. The move marked a sharp session gain for the tech-heavy benchmark and its largest constituent advancer named in the material.

TREE NEWS reports: The Hang Seng Tech Index extended its intraday gain to 1.2%, with Xiaomi rising nearly 4% and BYD shares up more than 3% on the day. The move marked a broad advance among the index’s largest technology and new-energy vehicle constituents during the trading session.

TREE NEWS reports: Franklin Templeton CEO Jenny Johnson said she expects the Federal Reserve to raise interest rates in December. The asset manager’s chief executive gave the forecast without further detail on the size of the expected move.