TREE NEWS reports: Guangyang Co. (光洋股份) rose by the daily limit for a third straight session on the A-share market, setting a new all-time high as PCB-related shares extended gains. Four other names — Sihui Fuji, JPT, Xunjie Xing and Dongshan Precision — along with Wus Printed Circuit climbed more than 5%. No specific figure or date was given for the move.
TREE NEWS reports: Chinese semiconductor chip stocks advanced in volatile trading, with Tianpu Shares hitting the daily limit-up. Liyang Chip rose more than 12%, while Fuhan Micro, Chuangyao Technology, Lingxian Shares, Lixin Micro and Fudan Microelectronics were among the top gainers. The move reflects renewed buying interest in the sector.
TREE NEWS update: SoftBank said its $3.7 billion writedown on data center assets is not connected to its Ohio project. The Japanese conglomerate disclosed the figure while separating the impairment from the Ohio development, without giving further details on the assets involved.
TREE NEWS reports: US equity futures moved higher, with Nasdaq 100 futures gaining 1% and S&P 500 futures rising 0.4%. The move indicates a stronger open for US stocks.
TREE NEWS reports: Seoul’s total gain widened to 1% on the day, extending the index’s advance. The move marks a pickup in the benchmark’s performance, with the gain reaching the 1% level. No further details were immediately available.
TREE NEWS reports: CPO concept stocks rallied at the market open, with Cambridge Technology (剑桥科技) hitting the daily limit-up. T&S Communications (太辰光), Zhongji Innolight (中际旭创), Shijia Photons (仕佳光子), Eoptolink (新易盛) and Yuanjie Semiconductor (源杰科技) all moved higher.
TREE NEWS reports: Japan’s Nikkei 225 stock index extended its gain to 1% on the day, with the benchmark rising further in the latest session. The move marks a steady advance for the index as it builds on earlier gains. No further details on the drivers were immediately available.
TREE NEWS reports: China’s solar sector extended its rebound, with Almaden (亚玛顿) sealing a third consecutive daily limit-up. Jinchen Machinery and Qingyuan shares also hit their daily limits, while Zerun New Energy rose more than 10%. Junda and Gaoche shares followed the sector higher.
TREE NEWS reports: The CSI Convertible Bond Index opened 0.02% higher. Yunji, Sanfang, Fuxin, Shengde and Wintech convertible bonds led the gains, rising 7.44%, 3.57%, 3.21%, 2.41% and 2.31% respectively. Kaizhong, Aofei, Silu, Outong and Xinhai convertible bonds led the declines, falling 2.03%, 1.11%, 1.01%, 0.93% and 0.81%.
TREE NEWS reports: China’s government bond futures opened lower on the latest trading session, with the 30-year main contract down 0.14%. The 10-year main contract fell 0.03%, the 5-year main contract slipped 0.02% and the 2-year main contract edged down 0.01% at the open.
TREE NEWS reports: The Shanghai Composite opened at 3655.66 on Thursday, down 0.22%, as Chinese equities started the session lower. The Shenzhen Component fell 0.32% to 11205.35, while the ChiNext Index slipped 0.17% to 2490.10. The CSI 300 dropped 0.24% to 4049.43, with the STAR 50 down 0.39%, the CSI 500 down 0.34% and the CSI 1000 down 0.37%.
TREE NEWS update: The People’s Bank of China conducted 187 billion yuan of overnight reverse repurchase operations on Thursday at an interest rate of 1.25%. With maturities factored in, the open market operation resulted in a net liquidity withdrawal of 3 billion yuan. The move reflects routine liquidity management by the central bank.
TREE NEWS reports: Hong Kong’s Hang Seng Index opened 0.83% lower at 24,354.19 points, while the Hang Seng Tech Index fell 0.96%. Among individual stocks, NIO dropped more than 3%, and Li Auto, XPeng and Baidu each fell more than 2% at the open.
TREE NEWS update: LNbits has released an emergency patch following reports of Bitcoin wallet thefts, warning that installations running older versions remain vulnerable. The project urged operators to upgrade and to replace potentially exposed credentials even after applying the fix.
TREE NEWS reports: The People’s Bank of China set the yuan’s daily midpoint at 6.7191 per dollar on the latest fixing, 24 pips weaker than the previous day’s 6.7167. The prior official onshore close was 6.6682, and the overnight session ended at 6.6805.
TREE NEWS update: China’s Ministry of Finance issued 40 billion yuan of green sovereign bonds in Toronto on November 9, marking the country’s first such sale in Canada. Vice Finance Minister Liao Min attended a ceremony at the Toronto Stock Exchange on November 10, saying the issuance implements a consensus reached by President Xi Jinping and Prime Minister Carney in January and supports green, low-carbon development and high-level opening-up.
TREE NEWS update: US President Donald Trump said on social media on 10 March that Democrats’ impeachment effort against Defense Secretary Pete Hegseth had failed badly, calling it a political weapon. Trump said all Republicans except Representative Thomas Massie voted to support Hegseth, and accused Democrats of continuing to weaponize and abuse the United States.
TREE NEWS reports: Taiwan’s TAIEX weighted stock index rose 1.1% to 43,201.28 points, the exchange’s benchmark level showed. The gain lifted the index to that reading from the prior close.
TREE NEWS reports: Aluminum alloy and Shanghai silver front-month contracts fell more than 3% at the open of Chinese commodity futures trading, while Shanghai aluminum, Shanghai gold and BR rubber each dropped over 2%. Soybean No. 2 rose more than 2%, with palm oil, caustic soda and styrene gaining over 1%.
TREE NEWS reports: FTSE China A50 index futures opened 0.19% lower, extending a 0.29% decline in the prior session’s night trading. The move reflects early weakness in the futures market tracking China’s largest A-share companies.