Flash News

TREE NEWS reports: China’s A-share battery supply chain fell sharply, with Shidai Wanheng hitting the daily limit-down, while Kedali, Zizhu Gaoke, Shangtai Technology, Weilan Lithium Core and Lead Intelligent each dropped more than 6%. The selloff swept across the sector’s battery-component and equipment names.

TREE NEWS reports: The ChiNext Index fell more than 1% on the day, reversing an earlier gain of nearly 1%, as heavyweight constituent CATL tumbled almost 11%. The sharp drop in the battery giant weighed heavily on the growth-focused board, dragging the index into negative territory after a positive start.

TREE NEWS update: Starbucks China said on Oct. 21 it plans to invest more than 300 million yuan in its 2027 fiscal year to add store service staff, upgrade digital systems and core equipment, and renovate facilities at about 1,000 stores. The company also released its “Third Place Initiative” alongside the investment plan.

TREE NEWS update: CATL said its inventory turnover days have remained relatively stable over recent quarters, with no signs of sluggish sales or shipments, responding to a question about the quarter-on-quarter rise in third-quarter inventory. The company attributed the larger inventory amount to business growth, noting the increase was mainly in goods shipped but not yet recognized as revenue, which will gradually appear as revenue. In energy storage, CATL is shifting from selling cells and DC-side products to AC-side and system products, extending delivery and revenue recognition cycles.

TREE NEWS reports: Japan’s Nikkei 225 closed the morning session up 1.2%, while the broader Topix index gained 1.1%, as of the morning close. The two benchmarks moved higher in tandem during the first half of the trading day.

TREE NEWS reports: CATL shares fell more than 10% on Monday, dragging its combined A-share and H-share market capitalization down to 1.1 trillion yuan. Trading volume exceeded 16 billion yuan. The stock has now fallen more than 50% from its all-time high set on May 7, 2026.

TREE NEWS reports: The ChiNext Index extended its intraday gain to 1% during the trading session. The move marks the latest swing in the Shenzhen-listed growth board gauge. No further details on the drivers or the level of the index were given.

TREE NEWS update: The Korea Exchange activated its sidecar mechanism, suspending programmatic buy orders on the KOSPI. The circuit breaker halts automated purchasing on the main bourse. No further details on the trigger or duration were provided.

TREE NEWS update: SpaceX aims to produce its first functioning test chip, likely an SRAM chip, around May or June next year at its Austin research fab, Elon Musk said on the company’s post-earnings investor call. Musk said the internal goal is large-scale production at the Terafab main site at Gibbons Creek by the third quarter of 2028, calling the timelines very aggressive and thanking ASML and other suppliers for accelerating equipment deliveries.

TREE NEWS reports: South Korea’s KOSPI index rose 4.00% intraday to 5,775.10 points. Samsung Electronics gained 6.8% and SK Hynix climbed more than 7% in the same session.

TREE NEWS reports: Chinese agriculture stocks rallied in volatile trading, with Baiyang Aquatic Group rising for a second consecutive session and Dongfang Ocean sealing the daily limit-up. Jinjian Cereals Industry gained more than 6%, while Dunhuang Seed, Xinsai Co. and COFCO Sugar followed higher. The moves came as the agriculture sector swung upward during the session.

TREE NEWS update: Shang Qingjun, a first-level inspector at the CSRC’s public company supervision department, said at the 2026 Financial Street Forum that regulators will promote reasonable pricing of new listings on the Beijing Stock Exchange and keep pushing for inquiry-based issuance cases to be implemented. The remarks signal continued regulatory focus on the pricing mechanism for BSE IPOs.

TREE NEWS reports: CATL’s A-shares and Hong Kong-listed shares both fell more than 8% intraday, following the release of its financial results showing third-quarter net profit rose 14.54% year on year. The drop came after the battery maker reported the earnings figure.

TREE NEWS reports: Shares of Chinese innovative-drug companies rose again, with Zhongheng Group surging to its daily limit-up. Xidian Pharmaceutical and Lamei Pharmaceutical gained more than 10%, while Hisun Pharmaceutical, Hongbo Pharmaceutical, Tellgen and Dizal Pharmaceutical each climbed more than 5%. The moves occurred in onshore Chinese equity trading.

TREE NEWS reports: Chinese media and film stocks rallied at the open, with Yue Media (粤传媒) posting a second consecutive limit-up and Publishing Media (出版传媒) surging straight to its daily cap. Other names including Fengyuzhu, Yinli Media, Bainaqiancheng and Hubei Radio and Television also moved higher, extending a broad sector-wide advance in early trading.

TREE NEWS reports: CATL’s A-shares opened 5% lower on Thursday following the release of the company’s earnings report. The sharp opening decline came as investors reacted to the financial results. No further details on the earnings figures were immediately available.

TREE NEWS reports: The Shanghai Composite opened at 3740.57 on Thursday, up 0.14%, while the Shenzhen Component rose 0.32% to 11838.79 and the ChiNext Index gained 0.28% to 2746.84. The STAR 50 led the major gauges with a 1.06% gain to 1356.63, and the CSI 300 opened 0.22% higher at 4161.26. The CSI 500 and CSI 1000 opened up 0.50% and 0.47% at 6875.71 and 6798.97, respectively.

TREE NEWS reports: Hong Kong’s Hang Seng Index opened 1.14% higher at 24,139.11 on Monday, while the Hang Seng Tech Index gained 1.60%. Lenovo Group rose 6%, Xpeng Motors added 3.8%, and Li Auto and Iluvatar CoreX both climbed nearly 3%.

TREE NEWS update: Elon Musk said a merger between SpaceX and Tesla would be a “good idea,” a move that would place Tesla in the same corporate group as Grok developer SpaceXAI and social media platform X. The comment comes as AI revenue jumped ninefold, though the material did not specify the period or the figure.

TREE NEWS reports: Taiwan’s TAIEX weighted index opened 1.3% higher at 46,872.23 points. The gain marks a firm start for the benchmark. No further details were immediately available.