Flash News

TREE NEWS reports: The MMLC battery-grade lithium carbonate midpoint price rose to 100,750 yuan per ton in early trading, up 1,750 yuan from the previous day’s 16:30 level. The move marks a higher opening print for the battery material.

TREE NEWS update: Guangdong province issued 10-year general local government bonds at an interest rate of 1.6400%, with a bid-to-cover marginal ratio of 1.52 times against an expected 1.64 times. The issuance included a 2.04497 billion yuan tranche and a 24.90305 billion yuan tranche, both at 1.6400%. Separately, Guangdong issued 30-year special local bonds totaling 9.14527 billion yuan at 2.1900%, with a marginal ratio of 3.52 times versus an expected 2.16 times.

TREE NEWS update: Brazil’s Supreme Court justice Alexandre de Moraes ruled on the 26th that Flavio Bolsonaro, son of former President Jair Bolsonaro, must not leave Brazil and ordered him to hand his passport to police within 24 hours. The ruling, which remains under judicial seal, was disclosed by Flavio Bolsonaro himself on social media. The order relates to a case under Supreme Court investigation in which he and his lawyer, Ville Thomas, are both targets.

TREE NEWS update: Henan province will make diamond applications, including heat dissipation, a focus of its 15th Five-Year Plan, funding provincial-level major science projects to break key technical bottlenecks. The plan supports superhard-materials firms, universities and research institutes in bidding for national research tasks, backs national and provincial labs and pilot bases, and encourages joint research and commercialization between companies and academia.

TREE NEWS reports: Profits at China’s large high-tech manufacturers rose 52.0% year on year in the first nine months of 2025, outpacing overall industrial profit growth by 36.5 percentage points, the National Bureau of Statistics said. High-tech manufacturing accounted for 25.5% of total industrial profits, up 6.2 percentage points. Computing-power and data-center construction drove fiber-optic manufacturing profits up 5.7-fold and cable manufacturing up 1.1-fold.

TREE NEWS reports: Profits at China’s large industrial enterprises rose 18.8% year-on-year in January-September, outpacing medium-sized firms at 15.4% and small firms at 8.7%, the National Bureau of Statistics said. By ownership type, joint-stock enterprises posted 20.8% profit growth, state-controlled firms 13.1% and private firms 8.7% over the same period.

TREE NEWS reports: China’s treasury futures opened mixed on the latest trading session, with the 30-year main contract up 0.04% and the 5-year and 2-year main contracts each up 0.01%. The 10-year main contract was flat at 0.00%. The move reflects modest gains across the curve, led by the long end.

TREE NEWS reports: The Shanghai Composite opened at 3698.44 on [date], up 0.02%, as Chinese equities started the session mixed. The Shenzhen Component rose 0.49% to 11591.36, the ChiNext Index gained 0.89% to 2661.71, and the CSI 300 added 0.05% to 4105.48. The STAR 50 advanced 0.86% to 1326.76.

TREE NEWS update: The People’s Bank of China injected a net 1.014 trillion yuan ($140 billion) into the banking system on Thursday through reverse repurchase agreements. It conducted 412 billion yuan of seven-day reverse repos at a 1.40% rate, unchanged from the previous operation, and 1 trillion yuan of overnight reverse repos, against 398 billion yuan of maturing reverse repos.

TREE NEWS reports: Hong Kong’s Hang Seng Index opened 0.21% higher at 23,260.14 points, while the Hang Seng Tech Index rose 0.74%. Among individual stocks, Lenovo Group gained more than 5%, WuXi AppTec climbed nearly 5%, and Hua Hong Semiconductor and Zhipu both advanced more than 4%.

TREE NEWS update: China’s National Bureau of Statistics is scheduled to release industrial enterprise profit figures for the January-to-September period at 09:30 Beijing time. The data covers profits at industrial enterprises above a designated size. No figures were disclosed ahead of the release.

TREE NEWS reports: The People’s Bank of China set the yuan’s daily midpoint at 6.7171 per dollar, 9 pips weaker than the previous fix of 6.7162. The prior official close was 6.6681, while the overnight session ended at 6.6695.

TREE NEWS update: The Korea Exchange activated its SIDECAR circuit breaker on KOSPI, suspending programmatic buying orders. The mechanism halts automated buy-side trading on the main board, a step the exchange takes to curb sharp moves in the index. No further details on the trigger or the duration of the suspension were given.

TREE NEWS reports: The MSCI Asia-Pacific Index rose 1% to 260.79 points, a broad regional equity benchmark move. The gain reflects strength across Asia-Pacific stock markets in the session.

TREE NEWS reports: Taiwan’s TAIEX weighted stock index extended its advance to 1% on the day. The benchmark’s move reflects broad gains across the exchange’s listed shares. No further details on sector performance or individual stocks were provided.

TREE NEWS reports: Asphalt futures rose more than 3% at the open of Chinese commodity trading, while liquefied petroleum gas, methanol, lithium carbonate, propylene and Shanghai zinc each gained over 1%. Caustic soda fell more than 4%, with palm oil and styrene down over 2%.

TREE NEWS reports: FTSE China A50 index futures opened 0.37% higher, following a 0.19% gain in the previous trading day’s night session. The move tracks early futures trading in the benchmark index of China’s largest A-share companies.

TREE NEWS reports: Japan’s Nikkei 225 rose as much as 2% during intraday trading, extending its advance. The index’s move higher reflects the broader session’s momentum in Tokyo equities.

TREE NEWS reports: Margin financing balances across the Shanghai and Shenzhen stock exchanges fell by a combined 5.56 billion yuan to 2.39 trillion yuan as of Oct. 26. The Shanghai exchange’s balance dropped 2.65 billion yuan to 1.23 trillion yuan, while Shenzhen’s fell 2.91 billion yuan to 1.15 trillion yuan, each compared with the previous trading day.

TREE NEWS reports: US equity futures rose modestly, with S&P 500 futures gaining 0.2% and Nasdaq 100 futures adding 0.4%. The move signals a slightly firmer open for Wall Street as investors position ahead of the session.