Oct 26 ,2026
Synopsis:
Asian markets set for mixed start to Tuesday trade. Futures signaling opening gains in Japan and South Korea, flat start in Hong Kong. S&P 500 futures flat afterhours. Treasuries weakened overnight with curve flattening. FX markets steady after dollar rebounded against yen. Crude and gold weaker in post-settlement trade. Bitcoin unchanged near mid-September lows.
AI trade was stronger with semis/memory rallying (SOX up 3%). Most of the focus was on Anthropic's pre-IPO filing, which revealed 1300% lift in H1 revenue but also heavy reliance on Google, Amazon and Microsoft to generate top line growth and it foreshadowed growth rate slowdown. Company disclosed $77B in financing commitments from Amazon, Broadcom, and Google. As flagged, large section of the filing was devoted to risks. Meta's $95B equity raise and SpaceX's $40B debt deal to finance Nvidia GPU acquisition also helped support capex narrative.
Crude pullback the other market development following weekend headlines about Mideast diplomatic efforts though skepticism remains high talks will yield any breakthroughs. Expectations for a resumption of kinetic action after November midterms continue build with elections only a week away. Press have highlighted how US forces are ready to launch major combat operations while Iran has threatened to strike a wide array of targets across Middle East if it is attacked.
Pre-open Company News:
688188.CH -- Shanghai BOCHU Electronic Technology Corp. reports Q3 net income attributable CNY313.3M, +18.6% y/y
688516.CH -- Wuxi Autowell Technology reports Q3 net income attributable CNY166.0M, +101.4% y/y
2331.HK -- Li Ning Q3 update: retail sell-through of LI-NING POS (excluding LI-NING YOUNG) decreased by low single digits y/y
2285.HK -- Chervon Holdings initiated buy at Changjiang Securities (timing uncertain)
600276.CH -- Jiangsu Hengrui Pharmaceuticals approved by China's NMPA to conduct clinical trial of SHR-2005 combined with SHR-1501± adebrelimab Injection ± BCG for bladder cancer.
600795.CH -- GD Power Development reports Q3 net income attributable CNY947.4M, (69.3%) y/y
543904.IN -- Mankind Pharma reports Q2 consolidated net income attributable INR7.11B vs StreetAccount INR6.17B
601678.CH -- Befar Group reports 9M net income attributable CNY358.4M, +86% vs year-ago CNY192.3M
600380.CH -- Joincare Pharmaceutical Group Industry reports Q3 net income attributable CNY238.9M, (22.0%) y/y
000660.KS -- StreetAccount Consensus Metrics Preview - SK Hynix Q3 Earnings
600380.CH -- Joincare Pharmaceutical Group Industry targets at least 90% payout ratio, CNY1.5B annually for 2026-28
002146.CH -- RiseSun Real Estate Development reports Q3 net income attributable (CNY576.5M), (149.1%) y/y
9903.HK -- Shanghai Iluvatar CoreX Semiconductor receives aggregate banking facilities of over CNY12B as at 26-Oct-26
300888.CH -- Winner Medical reports Q3 net income attributable CNY227.4M, (5.2%) y/y
603077.CH -- Sichuan Hebang Biotechnology reports Q3 net income attributable CNY73.7M, +78.4% y/y
On Deck:
China:
Earnings:
Ningbo Joyson Electronic (600699.CH), Suzhou Novosense Microelectronics (688052.CH), Ingenic Semiconductor (300223.CH), Red Avenue New Materials Group (603650.CH), Delton Technology (Guangzhou) (001389.CH), Shenzhen Woer Heat-Shrinkable Material (002130.CH), JL MAG Rare-Earth (300748.CH), Robotechnik Intelligent Technology (300757.CH), Pharmaron Beijing (300759.CH), Guangdong Dtech Technology (301377.CH), Jiangsu Hengrui Pharmaceuticals (600276.CH), Huaqin Technology (603296.CH)
Hong Kong:
Earnings:
HKBN Ltd. (1310.HK), Shanghai Fosun Pharmaceutical (Group) Co. (2196.HK), Guangdong Investment (270.HK), China CRSC (3969.HK), ASMPT (522.HK), Sinotrans (598.HK), CanSino Biologics (6185.HK), Asia Cement (China) Holdings (743.HK), Huaneng Power International (902.HK), Ferretti (9638.HK)
Japan:
Earnings:
Shin-Etsu Chemical (4063.JP), Chugai Pharmaceutical (4519.JP), OBIC Co. (4684.JP), Nitto Denko (6988.JP), Canon (7751.JP), Yamazaki Baking Co. (2212.JP), OBIC Business Consultants (4733.JP), MARUWA (5344.JP), Yokogawa Bridge Holdings (5911.JP), Shimano (7309.JP), KOMERI CO. (8218.JP), Japan Exchange (8697.JP), Capcom (9697.JP)
South Korea:
Earnings:
Hanwha Ocean (042660.KS), Hanmi Pharmaceutical Co. (128940.KS), iM Financial Group (139130.KS), JB Financial Group (175330.KS), HD Hyundai Electric (267260.KS), SK Hynix (000660.KS), Hanmi Science Co. (008930.KS), LG Innotek Co. (011070.KS), Daewoo Engineering & Construction (047040.KS)
India:
Earnings:
Cipla Ltd (500087.IN), Tata Steel (500470.IN), Honeywell Automation India (517174.IN), FDC Ltd (531599.IN), Bajaj Auto (532977.IN), Mazagon Dock Shipbuilders (543237.IN), Jubilant Ingrevia (543271.IN), OneSource Specialty Pharma (544292.IN), Vedanta Iron & Steel (544784.IN), Tanla Platforms (532790.IN), Steel Authority of India (500113.IN), Max Financial Services (500271.IN), Raymond (500330.IN), ACC Ltd (500410.IN), Schaeffler India (505790.IN), Capri Global Capital (531595.IN), United Breweries (532478.IN), Radico Khaitan (532497.IN), Indus Towers (534816.IN), Syngene International (539268.IN), Route Mobile (543228.IN), Home First Finance Company India (543259.IN), Star Health & Allied Insurance (543412.IN), MedPlus Health Services (543427.IN), Piramal Pharma (543635.IN), Concord Biotech (543960.IN), WAAREE Energies (544277.IN)
Singapore:
Earnings:
ESR-REIT (9A4U.SP), CapitaLand Ascott Trust (HMN.SP), Aztech Global (8AZ.SP), Keppel Infrastructure Trust (A7RU.SP), Digital Core REIT (DCRU.SP), Mapletree Industrial Trust (ME8U.SP)
Taiwan:
Earnings:
Faraday Technology (3035.TT)
Thailand:
Earnings:
Delta Electronics (Thailand) Public (DELTA.TB)
Market Data:
Gold (Dec 26): ($12.40) or (0.31%) to $4026.00
WTI Crude (Dec 26): ($0.32) or (0.31%) to $101.44
$-¥: +0.68 or +0.44% to 157.5450
$-KRW: (0.31) or (0.02%) to 1323.5900
A$-$: (0.00) or (0.31%) to 0.7014
$-INR: +0.22 or +0.23% to 95.1828
$-CNY: (0.01) or (0.08%) to 6.6688
This information and data is provided for general informational purposes only. The Bank of New York Mellon and our information suppliers do not warrant or guarantee the accuracy, timeliness or completeness of this information or data. We provide no advice nor recommendation or endorsement with respect to any company or securities. We do not undertake any obligation to update or amend this information or data. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities.
Please refer to "Terms Of Use".
DEPOSITARY RECEIPTS:
NOT FDIC, STATE OR FEDERAL AGENCY INSURED
MAY LOSE VALUE
NO BANK, STATE OR FEDERAL AGENCY GUARANTEE