Flash News

TREE NEWS update: Northern Rare Earth reported third-quarter revenue of 15.534 billion yuan, up 35.96% year on year, with net profit of 1.593 billion yuan, up 161.13%. For the first nine months, revenue rose 36.45% to 41.333 billion yuan and net profit climbed 136.55% to 3.646 billion yuan.

TREE NEWS reports: Volvo Cars’ European shares fell 21% after the automaker reported an operating loss that exceeded expectations. The drop followed the release of results showing the loss was wider than analysts had forecast. No further figures were disclosed.

TREE NEWS reports: US spot Bitcoin ETFs recorded $635 million in net outflows on Thursday, ending a three-day inflow streak, and have now posted $175 million in net outflows for October as a whole. The withdrawals push the month back into the red after a brief stretch of positive flows. The figures cover the combined daily flows of the US spot Bitcoin ETF complex.

TREE NEWS reports: Kering’s European shares fell 11% after Gucci’s third-quarter sales came in below expectations. The drop followed the luxury group’s disclosure that sales at its flagship brand missed forecasts for the quarter.

TREE NEWS reports: Turnover across the Shanghai and Shenzhen stock exchanges totaled 1.956 trillion yuan (19562.84 billion yuan) on October 23. The Shanghai market accounted for 898.667 billion yuan, while Shenzhen contributed 1.057617 trillion yuan. The ChiNext board recorded 536.851 billion yuan in turnover.

TREE NEWS reports: China’s ChiNext Index closed up 4.16% on Monday after falling more than 3% in morning trade, leading a broad rebound across mainland markets. Robot-concept stocks rallied, with Unitree Robotics hitting the 20% daily limit and gaining over 54% in six sessions, while more than 20 related shares also locked limit-up. Total turnover across the Shanghai, Shenzhen and Beijing exchanges exceeded 1.97 trillion yuan, with over 4,500 stocks closing higher.

TREE NEWS reports: European stocks opened mixed on the session, with the Euro Stoxx 50 up 0.1% and the UK’s FTSE 100 up 0.1%. Germany’s DAX slipped 0.2%, while France’s CAC 40 gained 0.2%.

TREE NEWS reports: The Shanghai Composite closed at 3,690.48, up 0.89%, while the Shenzhen Component rose 2.79% to 11,673.83. The ChiNext Index gained 4.16% to 2,684.10, and the STAR 50 closed 3.04% higher at 1,345.51. The CSI 300 added 1.71% to 4,105.33, with the CSI 500 up 2.39% at 6,814.44 and the CSI 1000 up 2.38% at 6,734.55.

TREE NEWS reports: Goldman Sachs prime brokerage reported that global hedge funds suffered one of their broadest declines since the pandemic, with all three major equity strategies falling more than 1% on the same day for the first time since then. Fundamental long/short managers dropped 1.4% on Thursday, TMT-focused funds fell 2.7%, systematic long/short managers lost 1.3%, and multi-strategy platforms slid 1.9%.

TREE NEWS reports: Multiple ChiNext-focused ETFs, including Huaxia ChiNext 50 ETF, Huatai-PineBridge ChiNext ETF and GF ChiNext ETF, rose more than 4% as the ChiNext index turned positive and extended its rally in afternoon trading. The move marked a sharp intraday reversal for the growth-board benchmark.

TREE NEWS reports: Chinese A-share cybersecurity stocks rose sharply in early trading, with NSFOCUS Technologies approaching the 20% daily limit-up. Anheng Information gained more than 13%, while Qi An Xin, Sinovatio and Yongxin Zhichneg followed higher. The moves reflect a broad rally across the sector’s listed names.

TREE NEWS update: Apple’s foldable iPhone Duo, priced from $2,000, went on sale Friday, with customers queuing overnight outside Apple stores as the company faces the challenge of meeting demand. The device is the most radical overhaul in the iPhone’s nearly two-decade history and a major bet aimed at establishing Apple in a market segment that remains niche.

TREE NEWS reports: Calpers reduced its directly held Magnificent Seven shares by a combined 26% in the first half of 2026, shifting exposure toward private equity, Deputy Chief Investment Officer Anton Orlich said. The $500bn-plus pension fund trimmed stakes in Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta Platforms and Tesla, spreading equity risk across hundreds of companies.

TREE NEWS reports: Unitree Robotics shares rose more than 17% intraday, breaking above 600 yuan, and are up over 40% for the week. The stock’s sharp move marks a strong weekly gain for the robotics company.

TREE NEWS reports: The Hang Seng Index widened its advance to 1% during the session. The move marks a pickup in the benchmark’s gains, with the index trading up by that margin.

TREE NEWS reports: China’s AI glasses concept stocks staged a volatile rebound, with Mingyue Optical Lens sealing a 20% limit-up. Doctor Glasses, Visionox, XGIMI, Longcheer and Goertek were among the top gainers in the sector. The move marks a recovery after recent swings in AI eyewear-related shares.

TREE NEWS reports: Combined turnover across the Shanghai, Shenzhen and Beijing stock exchanges exceeded 1.5 trillion yuan, marking a 329.3 billion yuan increase from the same time the previous trading day. The figure reflects a sharp pickup in trading activity across the three mainland bourses.

TREE NEWS reports: Hong Kong’s Hang Seng Tech Index extended gains to 2% on the day, while the broader Hang Seng Index rose 0.79%. AI-linked names led the advance, with MINIMAX climbing 12% and Zhipu gaining nearly 7%. No specific catalyst for the moves was given in the market data.

TREE NEWS reports: Unitree Robotics shares jumped more than 15% as China’s A-share humanoid robot sector extended its rally. Liard, Haitian Ruisheng and Zhongcheng Technology also rose. No further details were given.

TREE NEWS reports: Chinese bank shares reversed lower on the A-share market, with Bank of China dropping more than 4%. Agricultural Bank of China, China Construction Bank and Industrial and Commercial Bank of China each fell over 2%, while Postal Savings Bank of China, Bank of Communications and Bank of Jiangsu also declined.