Flash News

TREE NEWS update: Chery Automobile on Oct. 26 launched the Fengyun A9 extended-range electric vehicle, with a starting guide price of 119,900 yuan. The model marks the latest addition to Chery’s Fengyun lineup. The automaker did not disclose further specifications or delivery timing in the announcement.

TREE NEWS reports: Hong Kong-listed physical AI stocks strengthened in afternoon trading, with Huanchuang Technology rising more than 13%. Dobot gained over 11%, Hesai climbed more than 10% and UBTech added over 5%, as the sector extended gains across the board.

TREE NEWS reports: Unitree Robotics shares extended gains and were up more than 10% on the day. The stock has continued to strengthen, with the latest move putting it above a 10% advance. No further details were disclosed.

TREE NEWS reports: PetroChina shares climbed nearly 4%, reaching their highest level since 2008. The move extends a strong run for the Chinese state oil major, with the stock now trading at levels not seen in more than a decade and a half.

TREE NEWS reports: The Hang Seng Tech Index reversed earlier losses to trade higher in the afternoon session, with Meituan gaining 4% and NetEase rising 2%. No further details on the move were provided.

TREE NEWS reports: Robot-concept stocks on China’s A-share market extended gains in afternoon trading, with Jiangsu Beiren hitting the 20% daily limit and Yongchuang Intelligent posting a second consecutive limit-up. Fulai New Materials, Molding Technology, Fenglun, Shengtong Energy and Wanxiang Qianchao had earlier hit their limits, while Shangwei New Materials, Fanya Micropenetration, Huayi Technology and Weihong gained more than 10%.

TREE NEWS reports: The Shanghai Composite Index turned positive in afternoon trading, while the ChiNext Index narrowed its decline to 0.88%. Gaming, oil and gas, baijiu, food, and pharmaceutical and healthcare sectors led the gains.

TREE NEWS reports: China A-share cultural media stocks rallied in afternoon trading, with Southern Publishing and Media, Skyworth Digital and Shengtong Printing hitting the daily limit-up. Shengtian Network rose more than 16% and Fengshang Culture gained over 13%, while Shanghai Film and Yuanlong Yato also advanced. The move was a broad sector lift rather than an isolated stock story.

TREE NEWS update: Changchuan Technology said customer demand is strong and product orders are ample, supported by a continued recovery in semiconductor market demand. In the first three quarters, shipments of core equipment including testers and sorters grew, driving a sharp year-on-year rise in sales revenue. The company expects expanding business scale and a gradually released scale effect to improve profitability and jointly drive significant year-on-year growth in net profit.

TREE NEWS reports: Eoptolink Technology said third-quarter production rose from the second quarter, with delivery volumes increasing further, as the company ramps high-speed optical modules. The Chinese optical-module maker said 800G module shipments have kept rising and are the main delivery product this year, while 1.6T products are now in sustained volume ramp and expected to accelerate in the second half.

TREE NEWS reports: China’s ChiNext Index fell 1.65% at the midday close on Oct. 26, while the Shanghai Composite slipped 0.18% and the Shenzhen Component dropped 1.05%. Consumer sectors led gains, with liquor, food and retail names such as Huangtai Liquor and Liangpin Shop hitting limit-up, while computing hardware, semiconductor chips and precious metals lagged. About 2,843 stocks declined against 2,203 advancers, with morning turnover at 1.02 trillion yuan.

TREE NEWS reports: Citrini Research founder James van Geelen said the firm has significantly reduced its semiconductor holdings and now holds some short positions, arguing AI infrastructure spending is increasingly funded by equity and debt markets rather than hyperscaler cash flow. In an October 21 Monetary Matters podcast, he said sentiment can now cut off funding, and estimated AI lab ARR must reach about $1 trillion by end-2028 to justify current valuations, versus roughly $13.6 billion today.

TREE NEWS reports: Chinese property shares rose against the broader market trend, with Daming City hitting its daily limit-up and China Merchants Shekou approaching limit-up. Poly Developments gained more than 5%, while Seazen Holdings, Shenzhen Property A and China Vanke also advanced.

TREE NEWS reports: Solid-state battery shares moved higher in Chinese trading, with Shanghai Xiba surging to its daily limit-up. Liwang Co. and Deer Co. each gained more than 10%, while Farasis Energy, EVE Energy, Xinyuren and Mengguli advanced more than 5%. The gains were concentrated in the solid-state battery concept segment.

TREE NEWS reports: Unitree Robotics shares jumped more than 9% in early trading on [date], reaching their highest level in over two months. The stock’s sharp rise marked one of the strongest intraday moves for the robotics company in recent weeks.

TREE NEWS reports: Japan’s Nikkei 225 fell 0.8% by the morning session close, while the broader Topix index rose 0.3%. The split session left the two benchmarks diverging at the midday break.

TREE NEWS reports: The ChiNext Index fell more than 3% on the day, while the Shanghai Composite slipped 0.58% and the Shenzhen Component dropped 1.89%. Losses were led by computing hardware, semiconductor chips, precious metals and AI-generated drama-related sectors. More than 3,600 stocks declined across the Shanghai, Shenzhen and Beijing markets.

TREE NEWS update: Apple customer service said on October 26 that its official channels support 14-day no-reason returns, after some third-party channels were reported to be selling the iPhone Duo below list price. The representative said third-party return policies may differ from Apple’s official website and that platform subsidies or store discounts can push prices lower. Longer displayed delivery waits may also shorten as production rises or earlier orders are canceled, the representative said.

TREE NEWS reports: Traders are preparing for a sharp drop in Brazilian markets on Monday after Luiz Inácio Lula da Silva’s surprise election victory. ETFs tracking Brazilian stocks fell as much as 16% in Japan, their biggest one-day decline since 2020, while CME currency derivatives put the real at 5.55 per dollar, more than 10% weaker than Friday’s close. Traders expect intense selling at Monday’s open that could trigger circuit breakers.

TREE NEWS reports: Bitcoin closed below its 50-day moving average for the first time since August, ending a 66-day streak above the line, with the price near $80,600 and still about 10% above its 200-day average. US spot bitcoin ETFs saw $137.9 million in net outflows on Friday, a second straight day of outflows after Thursday’s $635.6 million, the largest single day since June, for a two-day total of about $773.5 million.