Flash News

TREE NEWS reports: South Korea’s KOSPI extended its intraday decline to 2% on the day, the benchmark stock index falling as selling pressure deepened. The move marks a sharp pullback in Seoul equities, with the index down 2% from the previous close.

TREE NEWS reports: The ChiNext Index dropped more than 1% while the Shanghai Composite fell 0.56% and the Shenzhen Component lost 0.72%, with computing hardware, cultural media, baijiu and coal among the worst-performing sectors. Nearly 3,000 stocks declined across the Shanghai, Shenzhen and Beijing exchanges.

TREE NEWS reports: Chinese robot-concept stocks kept rallying, with Daye Co. hitting a fifth straight limit-up, Zhaowei Electromechanical sealing a limit-up and Leyard gaining over 10%, while Henghe Precision, Kesen Technology, Nanfang Road Machinery and Zhejiang Rongtai rose more than 6%. Nvidia upgraded its Isaac general-purpose robotics development platform, launching a new humanoid robot reference framework, simulation workflows and data tools aimed at accelerating general-purpose robot development.

TREE NEWS reports: The Shanghai Composite opened at 3714.48 on the latest trading day, up 0.04%. The Shenzhen Component opened at 11690.34, down 0.12%, while the ChiNext Index opened at 2687.94, down 0.25%. The CSI 300 opened at 4110.65, down 0.03%, and the STAR 50 opened at 1346.96, up 0.27%.

TREE NEWS reports: Hong Kong’s Hang Seng Index opened 0.58% lower at 23,513.79 points, while the Hang Seng Tech Index fell 1.15%. Lenovo Group dropped more than 4% and CATL declined more than 3% in early trading.

TREE NEWS reports: FTSE China A50 index futures opened 0.21% higher, following a 0.29% gain in the previous session’s night trading. The early move extends the prior session’s advance.

TREE NEWS reports: The combined margin financing balance on the Shanghai and Shenzhen stock exchanges stood at 2.44 trillion yuan (244.23 billion) as of October 21, down 961 million yuan from the previous trading day. The Shanghai Stock Exchange’s margin balance was 1.26 trillion yuan, a decrease of 657 million yuan, while the Shenzhen Stock Exchange’s balance was 1.19 trillion yuan, down 304 million yuan.

TREE NEWS reports: Tokyo Electron shares fell 4% on the day. No further details on the cause or timing of the decline were provided. The drop marks a notable single-session loss for the Japanese semiconductor equipment maker.

TREE NEWS reports: SpaceX and Tesla are reportedly exploring a potential merger, with the deal possibly intended to be completed before President Trump’s term ends. The report did not specify a timeline, deal structure or valuation for the combination of the rocket company and the electric-vehicle maker.

TREE NEWS reports: Japan’s Nikkei 225 opened 0.1% lower, while South Korea’s Kospi Composite opened down 1.1% at the start of trading. The declines mark a weaker open for both major Asian benchmarks.

TREE NEWS reports: Foreign investors were net sellers of Japanese equities in the week ended October 16, with net purchases of ¥-66.5 billion. The reversal follows net buying of ¥35,215 billion in the prior week. The swing marks a sharp pullback in overseas demand for Japanese stocks.

TREE NEWS reports: Tesla reported Q3 deliveries above 480,000 vehicles, marking two consecutive quarters above that level, with more than 75% of new North American deliveries including paid FSD subscriptions. Global paid FSD customers surpassed 1.7 million, half on subscription plans. Tesla cut full-year capital expenditure guidance to about $20 billion from over $25 billion, and energy storage deployments reached 13.7 GWh with segment gross margin rising to 33.1% from 20.4%.

TREE NEWS reports: Nasdaq futures extended losses to more than 0.5%, while S&P 500 futures fell 0.3% and Dow futures slipped 0.2% in after-hours trading. IBM dropped over 3.4%, Tesla fell more than 2.9% and Nebius lost over 2.4%, with Intel down 1.6% and SK Hynix ADRs off 1.4%. Meta bucked the trend, gaining 2%.

TREE NEWS reports: Morningstar analyst Seth Goldstein said Tesla’s reduced capital expenditure signals a shift to a less capital-intensive path, calling the move wise. The lower spending will allow Tesla to fund itself from its own cash flow without taking on debt or issuing new shares, Goldstein said.

TREE NEWS update: China International Capital Corporation’s share-swap absorption of Dongxing Securities and Xinda Securities entered its final implementation stage, with shares of the two targets delisted on Oct. 19. The same day, CSRC Chairman Wu Qing told the 2026 Financial Street Forum that regulators will step up support for securities-firm M&A and follow-on integration, aiming to build internationally competitive investment banks. Overseas capital replenishment by leading brokers is accelerating alongside the consolidation push.

TREE NEWS update: Mark Zuckerberg has committed to remain in California for eight years as part of a newly established Class C share arrangement at Meta, the company disclosed. The pledge ties the CEO’s residency to the new share structure. No further terms of the arrangement were provided.

TREE NEWS reports: As of the Oct. 21 close, 150 listed companies had disclosed third-quarter results, with 98 posting year-on-year net profit growth for the first nine months. Market attention focused on leaders including CATL, Fuyao Glass, Hygon Information, Hikvision, Zangge Mining and China Jushi. Some strong performers such as Dian Diagnostics saw sharp share-price gains after their reports. Analysts cited AI compute shifting from capex story to reported profit as a core theme.

TREE NEWS reports: SpaceX’s superintelligence business posted third-quarter revenue up more than eightfold year on year, while Super Micro Computer (SMCI) forecast first-quarter fiscal 2027 revenue well above the analyst consensus. The results from North American tech giants show global AI investment in data centers and compute infrastructure is accelerating rather than slowing. Industry figures expect optical modules, the backbone of AI data centers, to benefit directly, with 800G modules becoming the mainstream shipment and 1.6T volumes rising fast.

TREE NEWS reports: A senior investment analyst at Motley Fool said Tesla’s current growth rate is “disappointing,” according to a statement published on Wednesday. The comment focuses on the electric-vehicle maker’s pace of expansion. No specific figures or time frame were provided in the remarks.

TREE NEWS update: Meta Platforms Inc. signed an agreement with CEO Mark Zuckerberg to keep him a resident of the company’s headquarters jurisdiction for eight years, the company disclosed in a Wednesday filing. Zuckerberg had considered leaving California over a proposed wealth tax that could have produced a multibillion-dollar tax bill and forced him to sell voting shares to pay it.