Flash News

TREE NEWS reports: The People’s Bank of China conducted 606 billion yuan of overnight reverse repurchase operations in the open market today, resulting in a net drain of 608.5 billion yuan. The operation left the banking system with fewer short-term funds than the amount maturing. No other details were disclosed.

TREE NEWS reports: Taiwan’s benchmark stock index, the TAIEX, closed down 1% at 49,306.18 points. The decline marks a pullback for the Taiwan Stock Exchange weighted index, which tracks the island’s largest listed companies. No further market details were immediately available.

TREE NEWS reports: Hong Kong’s Hang Seng Index opened 0.41% lower at 24,031.66 on the day, while the Hang Seng Tech Index slipped 0.25%. Among individual names, Zhipu fell more than 2%, with XPeng and Baidu each dropping over 1%.

TREE NEWS reports: Singapore’s Straits Times Index extended its decline to 2% on the day, with the benchmark’s losses widening during the session. The move marks a deepening pullback in Singapore equities, with no further details on the drivers or individual constituent moves immediately available.

TREE NEWS reports: The People’s Bank of China set the yuan’s central parity rate at 6.7367 per dollar, 16 pips weaker than the previous fix of 6.7351. The prior official close was 6.7053, and the overnight session last traded at 6.7050.

TREE NEWS reports: China Railway Guangzhou Group carried 20.721 million passengers from October 1 to 7, up 1.86 million, or 9.9%, year on year, setting a record for the period. The operator attributed the surge to this year’s overlapping National Day and Mid-Autumn Festival holidays, which sharply increased travel demand.

TREE NEWS reports: Taiwan’s weighted stock index opened nearly flat, quoted at 49,783.06 points at the start of trading. The benchmark showed little movement from its prior level in early trade. No further details on sector performance or market breadth were given.

TREE NEWS reports: South Korea’s benchmark KOSPI index fell 1% on the session. The decline marks a pullback in Seoul-listed equities, with the index closing lower on the day.

TREE NEWS reports: Liquefied petroleum gas and fuel oil main contracts rose more than 7% at the open of Chinese commodity futures trading, with LU fuel oil up over 4% and methanol up more than 3%. Palladium fell more than 6% and platinum dropped over 3%.

TREE NEWS reports: FTSE China A50 index futures opened 0.17% lower, following a 0.13% decline in the previous trading day’s night session. The early move extends the contract’s overnight weakness.

TREE NEWS reports: CICC said in a research note that A-share investor confidence is expected to recover gradually after the holiday, with the market possibly opening higher. The brokerage cited overseas market performance during the holiday, stable recent domestic economic data and expected support from third-quarter earnings.

TREE NEWS reports: Shanghai recorded 76.24 billion yuan in online and offline consumption during the National Day holiday from Sept 30 to Oct 6, up 9.9% year on year. Offline spending rose 15.1% to 40.04 billion yuan, while online spending grew 4.7% to 36.2 billion yuan. The 19 monitored municipal commercial districts drew 56.2 billion yuan in sales, up 14.5%, with average daily foot traffic of 3.964 million, up 1.9%.

TREE NEWS reports: The combined margin financing balance on the Shanghai and Shenzhen stock exchanges stood at 2.532 trillion yuan (25324.19 billion) as of September 30, down 39.052 billion yuan from the previous trading day. The Shanghai bourse reported a balance of 1.2965 trillion yuan, a daily decline of 22.962 billion yuan, while the Shenzhen exchange’s balance fell 16.090 billion yuan to 1.2359 trillion yuan.

TREE NEWS reports: Japan’s Nikkei 225 index extended its intraday decline to 1%, with the drop deepening during the trading session. The move marks a widening of losses for the benchmark Japanese equity gauge, which tracks 225 large-cap companies listed on the Tokyo Stock Exchange. No specific catalyst was cited for the decline.

TREE NEWS update: The Nikkei 225 Index’s intraday decline widened to 1%, with the drop extending further during the trading session. The index tracks 225 large-cap stocks on the Tokyo Stock Exchange and is one of the benchmark indicators for the Japanese stock market. No specific trigger for this decline was mentioned.

TREE NEWS reports: The China Foreign Exchange Trade System (CFETS) said its renminbi exchange rate index rose 0.27 to 103.20 on September 30. The index tracks the yuan against a basket of currencies. No further breakdown of the move was given.

TREE NEWS update: Israeli forces killed at least three Palestinians in Gaza on 7 July, in a series of shootings and airstrikes across the territory that began before dawn. One of the dead was killed in an Israeli drone strike on Khan Younis in the southern Gaza Strip. No further details on the identities of the victims were given.

TREE NEWS update: Ukraine’s Foreign Ministry spokesperson Heorhiy Tykhyi said on October 7 local time that Kyiv is willing to take part in trilateral peace talks involving Ukraine, Russia and the United States, and hopes the talks can be held in October. Tykhyi said Ukraine is ready to attend not only leader-level meetings but also trilateral talks at other levels.

TREE NEWS update: President Donald Trump said money will be returned to American seniors, with more than 20 million Medicare participants set to receive checks. The announcement did not specify the amount, timing or mechanism of the payments. Medicare is the US federal health insurance program covering people aged 65 and older and some younger people with disabilities.

TREE NEWS reports: Japan’s Nikkei 225 opened down 0.2% on Thursday, while South Korea’s Kospi Composite was roughly flat at the open. No further market details were disclosed in the opening data.