Flash News

TREE NEWS reports: Freeport reported third-quarter revenue of $7.55 billion, beating the $7.29 billion market estimate. Adjusted earnings per share came in at $0.88 versus an expected $0.81, while capital expenditure reached $1.16 billion, above the $1.08 billion forecast.

TREE NEWS update: CATL said on its investor interaction platform on October 27 that it expects to achieve small-batch production of all-solid-state batteries in 2027, adding that its technology is at an industry-leading level. The company also said capacity tightness has eased as new capacity comes online this year, though it expects capacity utilization to remain high on continued demand growth.

TREE NEWS update: Northeast Securities reported third-quarter 2026 net profit attributable to shareholders of RMB253 million, down 60.24% year on year, with total operating revenue falling 28.97% to RMB1.289 billion. Basic earnings per share for the quarter were RMB0.11. For the first nine months, revenue rose 1.95% to RMB3.937 billion while net profit slipped 4.63% to RMB1.017 billion, with EPS of RMB0.43.

TREE NEWS update: Two loud blasts were heard over Riyadh on the morning of the 27th after residents received air-raid sirens. The cause of the explosions was not immediately identified. No further details were provided on damage or casualties.

TREE NEWS update: Ukrainian parliamentarian Davyd Arakhamia, leader of the Servant of the People faction in the Verkhovna Rada, said on October 27 that the ceasefire in Oleshky will continue until November 1. Arakhamia announced the extension in a post on his official social media account.

TREE NEWS update: CATL said on its investor interaction platform that capacity tightness has eased as new production capacity came online this year, but demand continues to grow. The battery giant expects its capacity utilization rate to remain at a relatively high level and stay in a healthy state going forward.

TREE NEWS reports: The first four commercial property REITs listed in Shanghai have filed their first periodic reports since listing, disclosing combined fund income of RMB 387 million and distributable amounts of RMB 243 million for the period. Occupancy rates at the underlying assets were generally above 95% and rent collection rates near 100%. As of the end of the third quarter, the average annualized cash distribution yield stood at 6.5%.

TREE NEWS update: Russia and Ukraine each announced on the 27th a local ceasefire in Oleshky, Kherson region, to allow humanitarian operations to proceed. Neither side said how long the truce would last. Russia, the US and Ukraine have not indicated who will monitor the ceasefire, and no details of the humanitarian operation were disclosed.

TREE NEWS reports: Boeing reported third-quarter adjusted free cash flow of $464 million, ahead of the $325.1 million estimate. Commercial airplane revenue fell 3.4% year over year to $10.72 billion, missing the $10.94 billion estimate, while the segment’s operating loss narrowed to $697 million from $5.35 billion a year earlier. Total revenue was $24.19 billion versus the $23.85 billion expected, and core loss per share was 34 cents. Boeing shares rose 1.4% in premarket trading.

TREE NEWS update: Brazil’s Supreme Electoral Court confirmed Luiz Inácio Lula da Silva’s re-election on Oct. 26, with Lula taking 51.79% to Flávio Bolsonaro’s 48.21% — a reversal from the first round. Two Polymarket accounts opened during the tightest polling and betting on Lula, Abkhauae and eventalpha26, made a combined $1.77 million after the result. Lula’s win probability was just 18.5% before the vote. Brazil’s Ibovespa fell 10% at the open, triggering a 30-minute circuit breaker.

TREE NEWS update: Huatong Group plans to transfer 57.02 million unrestricted shares of Qingdao Foods, or 29.24% of the company, to Tsingtao Brewery Group via a non-public agreement, which would change the actual controller to the Qingdao SASAC. The agreement has not been signed and the parties are still negotiating core terms including price. Qingdao Foods’ stock rose more than 20% cumulatively over October 26 and 27.

TREE NEWS update: China’s National Development and Reform Commission Vice Chairman Zhou Haibing met with Director General of the French Treasury Bertrand Dumont in Beijing on the afternoon of October 23. The two sides exchanged views on China’s 15th Five-Year Plan, the macroeconomic situations in China and France, expanding two-way investment, and energy. No further details or agreements were disclosed.

TREE NEWS update: QatarEnergy has extended its liquefied natural gas force majeure for Edison until December, the company said. The extension keeps the Italian energy group’s LNG supply from Qatar under force majeure through the end of the year. No further details on volumes or the reason for the extension were provided.

TREE NEWS update: Multiple explosions were heard on the 27th local time in the Dora district in southern Baghdad and the Rusafa district in eastern Baghdad. The cause of the explosions is not yet clear. No further details on casualties or damage were immediately available.

TREE NEWS reports: India’s 10-year government bond yield fell 5 basis points to 7.43%. The move marks a decline in the benchmark sovereign yield, with no further details disclosed.

TREE NEWS update: Sinopec units are preparing natural gas supply for the upcoming heating season, arranging new well production and stable output from mature fields while scheduling maintenance and hazard inspections. The company is also optimizing LNG tanker schedules to improve unloading turnover, aiming to secure gas supply for households through the winter.

TREE NEWS update: Ukrainian President Volodymyr Zelensky said on the 27th that Russian attacks on Ukrainian infrastructure have “sharply escalated.” He said a Russian strike on a university and surrounding area in Ukraine on the evening of the 26th injured 12 people, including five university students and staff. A new round of ballistic missile strikes was launched as Ukrainian emergency rescue operations were underway.

TREE NEWS update: People’s Bank of China Deputy Governor and State Administration of Foreign Exchange Administrator Zhu Hexin met with a Peterson Institute for International Economics delegation including President Adam Posen, former Dutch central bank governor Klaas Knot and former Bank of Korea governor Lee Chang-yong. The two sides exchanged views on the international economic and financial situation. SAFE Deputy Administrators Li Hongyan and Li Bin also attended.

TREE NEWS update: The second phase of the 140th Canton Fair closed on Monday, drawing 278,000 overseas buyers from 218 countries and regions as of 17:00 on October 27, up 13.4% from the same period of the previous session. A total of 152 overseas business associations and 384 leading purchasing companies attended as delegations.

TREE NEWS reports: Memory prices at Shenzhen’s Huaqiangbei market have pulled back modestly from earlier highs, with 16GB and 32GB memory modules down 20 to 50 yuan and 1TB hard drives down 20 to 30 yuan, while overall prices remain elevated. Merchants reported sales falling 20% to 30% since October, and the memory distribution channel has seen price inversion.