Flash News

TREE NEWS reports: US spot ZEC ETFs recorded $10.45 million in net outflows on October 19 (US Eastern Time), with the Zcash ETF (ZCSH) accounting for the entire outflow and cumulative inflows of $152 million. Spot NEAR ETFs drew $5.42 million in net inflows, all through the Bitwise NEAR ETF (NRR), which has cumulative inflows of $88.47 million. ZEC ETF net assets stood at $602 million, while NEAR ETF net assets totaled $86.95 million.

TREE NEWS reports: The Hang Seng Index opened down 0.81% on Tuesday, while the Hang Seng Tech Index fell 1.28% at the open. The declines mark a weaker start for Hong Kong equities, with technology shares leading the early losses.

TREE NEWS reports: Starboard Value has built a stake in Solstice Advanced Materials, the company spun off from Honeywell, and is pushing the company to implement improvements aimed at lifting its share price. The activist investor’s position and demands were reported by the Financial Times.

TREE NEWS reports: FTSE China A50 index futures opened 0.26% lower, extending a 0.09% decline in the previous trading day’s night session. The early move points to a softer start for large-cap Chinese equities tracked by the Singapore-listed contract.

TREE NEWS reports: The combined margin financing balance on the Shanghai and Shenzhen stock exchanges stood at 2.445 trillion yuan (24454.96亿元) as of October 19, down 6.26 billion yuan from the previous trading day. The Shanghai Stock Exchange’s margin balance rose 798 million yuan to 1.259 trillion yuan, while the Shenzhen Stock Exchange’s balance fell 7.058 billion yuan to 1.186 trillion yuan.

TREE NEWS reports: South Korea’s KOSPI fell as much as 3% during the trading session, with chipmaker SK Hynix sliding more than 4%. The intraday decline marks a sharp pullback in Seoul equities, led by losses in the semiconductor sector.

TREE NEWS reports: Japan’s Nikkei 225 and the Topix index each fell 1%, with both benchmarks posting identical declines. No further details on individual stocks or trading volume were provided in the material.

TREE NEWS reports: South Korean data center technology company Elice dropped 32% on its first day of trading. The debut decline marked a weak start for the company’s listing. No further details were immediately available.

TREE NEWS reports: South Korea’s KOSPI extended its decline to 1.1% on the day, with the benchmark index deepening its losses. No further details on the drivers or sector breakdown were immediately available. The move comes as investors weigh broader market conditions.

TREE NEWS reports: Japan’s Nikkei 225 opened 0.2% lower and South Korea’s Kospi opened down 0.6%. The declines mark a weaker start for the two Asian benchmarks at the open.

TREE NEWS update: Intel has filed for a conditional exemption with the U.S. Federal Communications Commission to keep maintaining and upgrading foreign-made advanced robotics equipment it says is critical to American semiconductor manufacturing. In an Oct. 16 filing published Monday, the company said a ban on importing and selling new foreign-made advanced robots could affect upkeep of automated guided vehicles used to move materials inside its fabs. TSMC, Micron, GlobalFoundries, Samsung Electronics and Texas Instruments, which also run chip plants, may need similar exemptions.

TREE NEWS reports: OpenAI is racing to secure investor commitments for a roughly $30 billion funding round before rival Anthropic’s expected mid-November IPO, a pace that could push the ChatGPT developer’s valuation above $1.4 trillion. SoftBank Group, MGX and other existing OpenAI investors are in talks to participate, with the tight timeline partly reflecting OpenAI’s wish to get ahead of Anthropic as both labs draw from similar investor pools.

TREE NEWS update: Super League shareholders approved Metaplanet’s 2,100 BTC investment, with the gaming-media company planning to rebrand as Superplanet, a Nasdaq-listed US Bitcoin treasury platform. The closing of the transaction is expected in Q4 2026.

TREE NEWS update: Virginia Governor Abigail Spanberger said she will not support NextEra Energy Inc.’s $67 billion acquisition of Dominion Energy Inc. unless residential electricity rates are frozen for six years. In comments filed with state regulators on Monday, Spanberger also demanded tripling of bill credits, commitments to lower energy costs, protection from disconnection, and increased clean energy investment, raising the bar for a utility mega-merger already facing growing scrutiny.

TREE NEWS reports: As of October 19, 161 A-share companies had released earnings forecasts for the first three quarters of 2026, with 134 issuing positive guidance, including 121 expecting year-on-year net profit growth and 13 forecasting a turnaround from losses to profit. Companies in energy storage, information technology and pharmaceuticals cited overseas business as a key growth driver.

TREE NEWS update: Changzhou MicroIntelligence has applied for a Hong Kong IPO of 37.3 million shares, with an indicative price range of HK$16.63 to HK$21.46 per share. The stock is expected to begin trading on October 28.

TREE NEWS update: China releases its one-year and five-year loan prime rates for October at 09:00 Beijing time. Later in the day, ECB chief economist Lane speaks at a CF40-Euro50 closed-door meeting in Shanghai, the UK publishes September unemployment and ILO employment data, and the euro area and Germany release October ZEW sentiment indices. GM and 3M report before the US open, with Netflix and United Airlines after the close.

TREE NEWS reports: Seventeen 60/40-structured ETFs listed in Hong Kong in September, spanning capital markets including South Korea, Malaysia and the United States. The listings come as China pushes high-level opening of its capital markets and the new fund category gains prominence in the Hong Kong ETF market. The products are designed to broaden cross-border investment channels.

TREE NEWS update: Dongshan Precision is seeking to raise up to HK$10.7 billion in a Hong Kong initial public offering by issuing 113.8 million shares at a top guidance price of HK$93.80 apiece. The shares are expected to begin trading on October 28.

TREE NEWS reports: Chinese public mutual funds are broadening their QDII (Qualified Domestic Institutional Investor) product ranges and extending investment coverage to more global markets as domestic investors seek cross-border diversification. The trend reflects growing demand for overseas asset allocation amid an evolving household wealth management landscape. No specific fund, product launch or figure was disclosed.