SHANGHAI STOCK EXCHANGE
World shares log modest losses as investors assess impact on AI sector from the Nvidia scandal
European and Asian shares mostly declined today as investors reacted to Jensen Huang's unexpected resignation from Nvidia, citing national security worries. Meanwhile, Microsoft faced a global service outage, yet the stock market remained largely stable. Asian markets, particularly Hong Kong's Hang Seng index, fell by 1.6 percent amid jitters surrounding the AI sector. Additionally, rising oil prices linked to remarks from the US President about Iran added pressure on stocks.
NSE shares rise 2%, recover 20% from record low in less than a month. Why Motilal Oswal sees 19% upside
NSE shares hit a record high of Rs 1,965, recovering 20% from their recent low. Motilal Oswal initiated coverage with a Buy rating and a target price of Rs 2,300, citing structural growth opportunities, market leadership and improving earnings prospects.
Copper price falls for 4th day, heads for worst week since March on AI rout
Copper prices have faced yet another decline, marking four consecutive sessions of decrease, primarily due to a dip in technology shares and rising concerns over artificial intelligence investments. The three-month copper rate on the London Metal Exchange fell to a low not seen since late July. While tight supply, particularly outside the US, has cushioned further losses, a significant drop in copper stocks within Chinese warehouses is intensifying supply anxieties.
Chinese chipmaker YMTC puts IPO on hold as weaker markets weigh, sources say
That process has been put on hold due to "various factors", according to an internal note YMTC sent to its staff and seen by Reuters. It did not elaborate on the factors. The delay, which two of the people said could last several months, has not been reported previously.
China tape maker stock debut: Chinese firm that deals with Apple, Tesla, BYD saw stock price surges 787 per cent after IPO, makes former school teacher, sister billionaires
Crown New Materials Technology is provider of adhesive materials to Apple, Tesla, BYD. During the first day's trading, Crown New Materials Technology made an astronomical gains of 787 per cent.
China stocks edge higher as reports of market support lift sentiment
China’s stock market edged higher after reports that regulators would discuss measures to support capital markets. However, concerns over state-backed Zhuhai Huafa Group’s liquidity continued to weigh on related stocks and bond funds.
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School Assembly Headlines for October 29: Top national, international, sports and business updates
School Assembly Headlines: Cyclone Arnab has made landfall on the Andhra Pradesh coast, causing significant evacuation efforts in Odisha. The Union Cabinet has approved a hike in dearness allowance for central government employees starting from July 1, 2026. India has officially invited Pakistan to attend a Shanghai Cooperation Organisation meeting scheduled in New Delhi. Meanwhile, a train collision in Spain has resulted in multiple fatalities, reportedly killing at least 39 people.
Wall Street drifts as Broadcom and other AI-related stocks help support the market
The S&P 500 rose 0.3 per cent and pulled within 1.5 per cent of its all-time high set earlier this month. The Dow Jones Industrial Average was down 9 points, or less than 0.1 per cent, as of 9:35 am Eastern time, and the Nasdaq composite was 0.5 per cent higher.
Global Market: China stocks slip as tech shares fall ahead of central bank meetings
Chinese stocks declined as technology shares weakened and investors adopted a cautious stance ahead of major central bank meetings and corporate earnings. Concerns about the AI-driven rally, slowing economic conditions and possible trust-sector selling added to market pressure, while investors watched for support from state-backed funds.
Global Market: China's Lingjun Investment attracts $300 million from overseas investors
China’s Lingjun Investment has raised at least $300 million from US and Southeast Asian investors as it resumes overseas fundraising. Strong fund returns and AI-driven interest support growth, while regulatory scrutiny makes governance and risk management critical.
Chinese stock market enters bear territory! CSI 300 index crashes 20% from June peak
China’s CSI 300 index entered bear market territory on Thursday, falling 20% from its June peak amid concerns over taxation policies, slowing economic growth and weak corporate earnings. Geopolitical uncertainty and fears of an artificial intelligence bubble have added to investor anxiety, though some analysts expect a potential rebound in 2027.
Global Market: China and Hong Kong shares weaken as stable growth eases stimulus bets
China and Hong Kong stocks weakened on Tuesday, joining a broader retreat in the region, after Beijing kept key lending rates unchanged and stronger GDP data dampened
Copper hits 10-day low on profit-taking as supply worries ease
Copper prices decreased to their lowest point in ten days, influenced by profit-taking and lower supply fears. The decline in prices coincided with rising concerns over inflation and interest rates. After reaching an agreement at the Escondida mine, Chilean miner BHP alleviated worries about possible strikes. Additionally, Asian tech stock sell-offs further pressured the metals market, contributing to the copper dip.
Global Market: China stocks hit over one-year low as AI selloff deepens; Hong Kong rebounds
Chinese blue-chip stocks fell significantly, marking their lowest point in over a year. The CSI300 Index decreased by 1.3%, while the Shanghai Composite Index dropped 1.2%. Conversely, Hong Kong's Hang Seng Index saw an uptick of 1.1%, driven by a surge in technology stocks. Investor sentiment has leaned towards safer sectors amid concerns regarding currency fluctuations and AI-related investments, highlighting a pervasive caution across both markets.
Global Market: Chinese stocks struggle near one-year lows as policy support disappoints
Chinese blue-chip stocks stayed near one-year lows despite Beijing’s latest credit, mortgage and investment support measures. The CSI 300 was headed for its steepest quarterly decline since 2022, while property and technology shares remained under pressure. Weak domestic demand, subdued trading ahead of the holiday and limited investor confidence continued to weigh on markets.
Why did stock market crash today? Sensex tumbles 1,124 points, Nifty below 22,800; 6 factors behind Rs 8 lakh crore rout
On Monday, the Indian stock market saw a major sell-off, with the Sensex and Nifty indexes plummeting due to escalating Iran-US tensions that drove up oil prices. This volatility dampened investor sentiment while bond yields reached highs not seen in years, creating additional pressure on equities. The rupee depreciated against the US dollar, raising worries about currency stability as foreign investors continued liquidating their stocks.
China's DeepSeek annualised revenue run rate hits $1 billion: Report
The figure underscores the rapid growth of the AI company that shook the tech industry last year after its models challenged US assumptions about China's AI capabilities. The company is planning to go public soon to fund its expansion.
China may have found a way to tackle glut in car market
Two state-owned cos, which make Toyota models, plan to combine ops in a sign that car sector is headed for consolidation.
Chinese AI firm Moonshot to explore dual Hong Kong and Shanghai IPOs, SCMP reports
The developer of the Kimi large language model has discussed plans for a Hong Kong IPO with its financial backers and has also floated the possibility of a subsequent mainland listing, according to one of the people who spoke to SCMP.
Copper prices scale fresh record high as focus turns to tight supplies outside US
Copper prices hit a record high as concerns over shortages outside the US boosted buying, while a weaker dollar supported metals. LME copper touched $14,533 a metric ton, surpassing its January peak. Falling Shanghai stocks and strong US inventories highlighted the growing divergence in global copper supplies.
Global Market: China’s IPO boom gains momentum as AI, robotics fuel investor appetite
China’s IPO market is gaining momentum, fuelled by strong investor appetite for AI, robotics and advanced technology companies. Hong Kong and Shanghai have already raised over $54 billion through IPOs and secondary listings in 2026, while blockbuster debuts such as CXMT and Unitree highlight the enthusiasm for tech stocks.
AI and robotics drive an IPO boom in China as Shein lists in Hong Kong
In the latest big stock listing, shares in China-founded e-commerce and fast fashion giant Shein are due to debut Tuesday in Hong Kong in a blockbuster initial public offering raising $1.7 billion, in one of the city's biggest new share sales this year.
Chinese flash-memory chipmaker YMTC plans to raise $4.9 billion in Shanghai IPO
The move sets the stage for a 33 billion yuan ($4.9 billion) share sale on Shanghai's Nasdaq-style STAR Market, that would rank among the market's biggest-ever offerings, the exchange said.
China opens stock option market to foreign investors
China has opened its stock option market to foreign investors, allowing qualified institutions to trade options for hedging purposes. This move by the Shanghai Stock Exchange is part of Beijing's broader strategy to boost the appeal of yuan assets and attract global investors, complementing recent expansions in bond market access and digital yuan promotion.
Shanghai Stock Exchange to run test after transaction delay
The Shanghai Stock Exchange will conduct tests on its auction and other platforms on Sunday following an unexplained transaction delay. The delay occurred during a stock rally spurred by recent monetary and fiscal stimulus announcements. Sunday's test aims to identify issues with processing large orders, simulating a normal trading day.
China plans $4.2 billion fund to buy realty from developers
The fund will "invest in existing assets" of real estate companies and renovate the properties into rental housing, the lender said in a statement to the Shanghai stock exchange on Friday. The fund lasts for 10 years, with a possible extension, according to CCB, which is one of China's big four state-owned lenders.
China's first residential REITs to be launched
Stock exchanges in Shanghai and Shenzhen each accepted an application for residential REITs backed by rental incomes from affordable housing, exchange filings show.
Shanghai Stock Exchange moves to cool down trading of listed funds
Also in a weekly press conference on Friday, China's securities watchdog said it would strengthen the supervision over the operations of index funds.
Shanghai stock exchange suspends Ant Group's A-share IPO
Ant was set to go public in Hong Kong and Shanghai on Thursday after raising about $37 billion.
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