Flash News

TREE NEWS reports: US equity futures climbed in early Asian trading, with S&P 500 futures gaining 0.3% and Nasdaq 100 futures up 0.6%. The move signals a firmer open for Wall Street as investors returned to risk assets.

TREE NEWS reports: Jinxin Fund, Southern Fund and Dongcai Fund have become the first Chinese mutual fund companies to disclose their third-quarter 2026 reports, kicking off the quarterly reporting season. During the quarter’s volatile trading, several funds adjusted their holdings while some newer funds built positions quickly. Multiple fund managers struck an optimistic tone on equity assets, favoring companies with improving earnings quality and broad long-term industry growth potential.

TREE NEWS reports: A-share main indexes stabilized on Oct. 15-16 as broad-based ETFs saw sharp increases in trading volume, after the Shanghai Composite briefly fell below the 3,700-point mark during a correction that began in late September. Brokerage strategy reports said the pullback stemmed from overseas macro disturbances combined with internal structural pressures, and that concentrated release of prior positioning pressure plus strong ETF net inflows have made the market’s stage bottom gradually clearer.

TREE NEWS update: China releases third-quarter GDP, retail sales, industrial output, fixed-asset investment and property development investment at 10:00 Beijing time, with the State Council Information Office holding a press conference on the economic data. The 2026 Financial Street Forum opens in Beijing, where heads of the central bank and securities regulator are due to speak. China’s 70-city home price report is due at 09:30.

TREE NEWS update: More than 30 companies on the Shanghai Stock Exchange’s main board disclosed share buyback or shareholder increase plans between the evenings of Oct. 16 and Oct. 18, including at least six new buyback proposals and one shareholder purchase plan, concentrated in semiconductors and electronic materials. Among the firms announcing new buyback plans were Hygon Information, Shengyi Technology, Sugon and Montage Technology, each with a market value above 100 billion yuan.

TREE NEWS reports: As of 18:00 on Oct. 18, 159 A-share companies had released third-quarter earnings forecasts, with 132 issuing positive guidance, Wind data showed. The positive forecasts comprised 98 pre-increases, 13 turnarounds and 21 slight increases, accounting for 83.02% of the total. Sixty-one companies, including Hengli Petrochemical, Lianxun Instruments, Fudan Microelectronics and Hanyu Pharmaceutical, expect net profit attributable to shareholders to rise more than 100% year on year, with seven forecasting gains of over 10x.

TREE NEWS update: Situational Awareness, the fund run by “AI stock god” Leopold, will disclose its third-quarter equity holdings on Nov 16. The fund reportedly returned 439% in the first half on leveraged bets on SanDisk (SNDK) and Micron (MU), but a July selloff in AI stocks cut its portfolio by about 67% in a single month, after which it sold most of its public equity positions, with Citadel taking over a substantial portion.

TREE NEWS reports: US spot bitcoin ETFs recorded a net outflow of $228.6 million this week, extending a $681.1 million drain from the prior week and bringing the two-week total to nearly $1 billion. The redemptions leave October deeply in negative territory for the funds, with the month now firmly in the red.

TREE NEWS reports: TD Cowen lifted its price target on Strive to $56 from $44 on Oct. 16, as the company reportedly holds 35,600 BTC after weeks of sustained buying. Strive priced 7 million preferred shares at $90 each, raising about $630 million before fees — a structure that avoids immediate common-stock dilution but requires dividend payments. Strive shares fell 6.1% on Friday, in line with Strategy.

TREE NEWS reports: Saudi Arabia’s Tadawul All Share Index closed up 0.82% at 10,189.77 on Sunday, October 18, recovering from its lowest close since March 16, 2023. The benchmark had closed at 10,106.54 on Thursday, its lowest since early 2023, and touched an intraday low of 10,034.79. Saudi Aramco rose 2.06% to 25.80 riyals, while the Albilad CSOP MSCI Hong Kong China Equity ETF, listed in Saudi Arabia, closed flat at 11.30 riyals.

TREE NEWS update: Strategy founder and executive chairman Michael Saylor posted Bitcoin tracker information again on October 18, a signal that the company may disclose changes to its Bitcoin holdings the following day. Strategy has typically released Bitcoin position updates one day after Saylor publishes such tracker posts, suggesting a holdings disclosure could come next week.

TREE NEWS reports: Strategy founder and executive chairman Michael Saylor posted bitcoin tracker information again, a signal that the company may disclose changes to its bitcoin holdings the following day, consistent with its past pattern. The post does not include specific figures; any holding update would come in a separate disclosure.

TREE NEWS reports: Chinese exchange-traded funds drew a net 88.38 billion yuan ($12.2 billion) of inflows this week, with 83.64 billion yuan going into broad-based ETFs as large investors bought CSI 300 and SSE 50 products. E Fund, China Asset Management and Huatai-PineBridge led with net inflows of 37.72 billion, 23.62 billion and 20.29 billion yuan respectively. Guotai CSI All Share Communications Equipment ETF saw 423 million yuan of outflows.

TREE NEWS reports: Strive CEO Matt Cole posted the company’s bitcoin holdings chart on X on Oct. 18 with the caption “stacking sats with double horsepower now,” hinting that increased BTC holdings data may be disclosed next week. The move may mirror Strategy founder Michael Saylor’s approach of publicly showcasing corporate bitcoin accumulation.

TREE NEWS reports: Strive CEO Matt Cole posted a chart of the company’s Bitcoin holdings on X with the caption “stacking sats with double horsepower now,” hinting that increased BTC holdings data may be disclosed next week. The move may mirror Strategy founder Michael Saylor’s practice of publicizing corporate Bitcoin positions.

TREE NEWS update: The Global Chip LOF fund will suspend trading at the market open on October 19, 2026, and resume at 10:30 that same morning. The brief halt affects a listed fund tracking global semiconductor equities. No reason for the suspension was given in the notice.

TREE NEWS update: Huatai-PineBridge Nasdaq ETF, Bosera Nasdaq 100 ETF, Guotai Nasdaq ETF and Fullgoal Nasdaq ETF will be suspended from the market open on October 19, 2026 until 10:30 that morning. The four exchange-traded funds tracking the Nasdaq index will halt trading for the first 30 minutes of the session.

TREE NEWS update: Shenghe Resources plans to transfer 51% stakes in four rare earth smelting and separation subsidiaries to China Rare Earth Group Industrial Development Co. for an estimated 1.6575 billion to 1.8105 billion yuan, the company said in a filing. The four targets have a combined estimated equity value of 3.25 billion to 3.55 billion yuan. After the deal, the units will be deconsolidated and accounted for under the equity method; their January-June 2026 revenue accounted for 20.09% of Shenghe’s consolidated revenue and net profit 36.57%.

TREE NEWS update: Hengli Petrochemical expects net profit of about 10.256 billion yuan for the first three quarters, up roughly 104.20% year on year, the company said. It attributed the gain to improved industry supply-demand and a stronger refining and petrochemical cycle, with its 20 million t/yr refining, 4.5 million t/yr aromatics and 16.6 million t/yr PTA units running smoothly and processing spreads recovering.

TREE NEWS update: Strategy founder Michael Saylor said MSCI’s proposed index rule that could remove MSTR is “not that important” to the company because the capital it controls is relatively small. In a Bloomberg interview, Saylor criticized MSCI’s stance, arguing bitcoin should count as capital like oil, gas, land and machinery, and said the move sets a “bad precedent” for the digital asset industry. He urged MSCI to reconsider.