Flash News

TREE NEWS reports: Eni reported third-quarter adjusted net profit of €2.8 billion, beating market expectations of €2.5 billion. Adjusted operating profit came in at €3.7 billion versus an expected €3.73 billion. The Italian energy group said it will pay a €1.3 billion special dividend in the fourth quarter and increase the size of its share buyback.

TREE NEWS reports: China’s A-share semiconductor sector extended its rally, with BPS Semiconductor (晶丰明源) rising more than 10%. Enflame Technology (燧原科技), DapuStor (大普微) and Dioo Microcircuits (帝奥微) also gained, tracking the sector’s advance. No further details were disclosed.

TREE NEWS reports: Volvo reported third-quarter operating profit of SEK 14.35 billion, missing the SEK 14.53 billion market estimate. Net sales came in at SEK 119.5 billion, below the SEK 124.1 billion consensus, while the adjusted operating margin reached 12.3%, ahead of the 11.8% estimate.

TREE NEWS reports: CATL’s A-shares rose more than 5% while its Hong Kong-listed H-shares gained over 6%, with both listings advancing in the same session. The dual-listed battery maker’s move higher came as its A-share and H-share lines traded up together. No further details on the cause of the gain were provided.

TREE NEWS reports: The STAR 50 Index, tracking Shanghai’s Nasdaq-style tech board, reversed early losses to trade higher, after falling as much as 3.7% in morning trading. The intraday swing marks a sharp turnaround for the technology-heavy benchmark within the session.

TREE NEWS reports: The ChiNext Index rose as much as 2% on the day after falling more than 3% in morning trading, as heavyweight ChiNext constituents rallied sharply in the afternoon session. Among the stocks driving the rebound were CATL, Zhongji Innolight, Eoptolink, East Money and Hithink RoyalFlush. The intraday swing of more than five percentage points marked a sharp reversal for the growth-board benchmark.

TREE NEWS reports: Turnover in two major Chinese broad-based ETFs each exceeded 10 billion yuan on the afternoon of the trading day. E Fund ChiNext ETF (159915) and Huatai-PineBridge CSI 300 ETF (510300) both crossed the 10 billion yuan mark in intraday trading. The two funds are among the most actively traded equity ETFs in the Chinese market.

TREE NEWS reports: Huijin Technology surged 20% to its daily limit in afternoon trading on China’s A-share market, leading a rally in the internet finance sector. Huijin Co., Hithink RoyalFlush, Huaxin Yongdao and Dazhihui also climbed, though specific percentage gains were not disclosed.

TREE NEWS reports: The ChiNext Index rose more than 1% in a rapid intraday move, with liquor, insurance, brokerage and retail sectors leading the gains. More than 1,200 stocks across the market advanced, pointing to broad participation in the rally.

TREE NEWS reports: The ChiNext Index erased early losses to turn positive in afternoon trading, having fallen more than 3% in the morning session. The Shenzhen Component and Shanghai Composite both sharply narrowed their declines. CPO-concept and lithography-machine sectors rallied in the afternoon, leading the rebound.

TREE NEWS update: The first batch of 18 actively managed ETFs in China began trading on the same day, each with a fundraising cap of 2 billion yuan. By midday, products from Morgan, E Fund and Fullgoal were among the top fundraisers, with several exceeding 1 billion yuan in the half-day session and on track to close subscription in a single day.

TREE NEWS update: Yuanjie Technology said its production and capacity expansion are proceeding normally, with civil works, some cleanrooms and supporting facilities completed for the second phase of its optoelectronic communications semiconductor chip and device R&D and production base. The first batch of production equipment is expected to enter the facility soon for commissioning, with capacity formation anticipated between late 2026 and early 2027, in line with expectations.

TREE NEWS update: Yuanjie Technology said its production and capacity expansion are proceeding normally, with civil works, some cleanrooms and supporting facilities for the second phase of its optoelectronic communications semiconductor chip and device R&D and production base already completed. The first batch of production equipment is expected to enter the plant soon for commissioning, with capacity formation anticipated between late 2026 and early 2027, in line with expectations.

TREE NEWS update: TFC Optical Communication said in a disclosure that its production and operating order remain normal, its core business is running normally and its order backlog is sufficient, as of the date of the announcement. The company said there have been no major abnormal changes in its internal or external operating environment. The statement addressed recent production and operations conditions.

TREE NEWS update: Zhongji Innolight reported first-half 2026 revenue of 41.78 billion yuan, up 182.49% year on year, with net profit attributable to shareholders reaching 13.65 billion yuan, up 241.70%. In a midday filing on its recent operations, the optical interconnect maker said production and supply chains are stable, capacity utilization is full and customer orders are strong. Revenue grew from 2.357 billion yuan in 2017 to 38.24 billion yuan in 2025, a 41.67% compound annual growth rate.

TREE NEWS reports: The ChiNext Index fell more than 2% in morning trading, with over 4,800 stocks across the market declining and trading in several broad-based ETFs picking up again. Spot gold briefly dropped below the $4,000/oz mark. Japan’s key inflation gauge rose above the central bank’s 2% target, supporting a rate hike this year, while margin balances in Shanghai and Shenzhen fell by 23.295 billion yuan the previous day.

TREE NEWS update: Eoptolink’s board approved a buyback of its A-shares totaling between 800 million and 1 billion yuan, at a maximum price of 500 yuan per share, the company said in a midday filing. The repurchase program runs for 12 months from board approval and is expected to cover roughly 1.6 million to 2 million shares, or 0.11% to 0.14% of total share capital.

TREE NEWS update: China’s first 18 actively managed exchange-traded funds (active ETFs) went on sale on the Shanghai and Shenzhen stock exchanges on October 23. The launch marks the debut of active ETF products in the domestic market, with the funds offered simultaneously on both bourses.

TREE NEWS update: Victory Giant Technology said its order book is full with visibility at a historic high, and that some customers have already signaled long-term demand through 2027-2028. The Chinese PCB maker said R&D iterative products developed with core customers are progressing smoothly, and multiple high-end products have entered mass production in AI compute, data centers, high-performance computing and optical modules.

TREE NEWS update: Accelink Technologies said its production and delivery operations are running normally and its order backlog is sufficient, with strong demand for high-speed optical interconnect and optical transmission products. The company said R&D and business cooperation are progressing as planned, including projects in optical transmission and optical interconnect, and that business communication and cooperation with major customers remain stable.