🇨🇳 China · IT & software, Finance & markets, Autos
29 storiesIMF warns rapid hedge fund growth could amplify market risk
The IMF said in the second chapter of its Global Financial Stability Report, released on 6 October, that hedge fund risks to macro-financial stability need close attention, because fast asset growth can amplify price dislocations and liquid…
US stocks close higher; Nasdaq sets record close with 1.05% gain
On Oct 5 local time, the three main US stock indices closed higher, with the Nasdaq up 1.05% to a record close, the Dow up 0.18% and the S&P 500 up 0.67%. Large technology shares rose broadly, and cryptocurrencies, oil and gas and pharmaceu…
China highway EV charging up 48% over National Day holiday, ministry data shows
Charging sessions at Chinese highway charging facilities reached 2,968,600 in the first three days of the National Day holiday, a daily average of 989,500 and up 48.41% from a year earlier, while charging volume rose 49.39% to 71.6193 milli…
Hong Kong stocks open higher; Hang Seng up 1%, Alibaba gains about 2.9%
Hong Kong shares opened higher on 6 October, with the Hang Seng Index up 1% and the Hang Seng Tech Index up 1.02%, according to CLS, Yicai and 36Kr. Alibaba rose about 2.9% at the open, while Baidu and Meituan gained nearly 2%, 36Kr reporte…
Nasdaq hits intraday record high, approaching 27,400 points
The Nasdaq Composite set a new intraday record on 5 October, at one point approaching 27,400 points, according to CLS, Yicai and Jiemian. CLS and Jiemian said SpaceX rose more than 5%, Meta gained over 2%, Tesla and Microsoft rose nearly 2%…
European stock indices close higher on Oct 6 after mixed Oct 5 session
On Oct 6, 2026, major European stock indices all closed higher: the UK FTSE 100 rose 0.42%, France’s CAC 40 0.47%, Germany’s DAX 0.82% and Italy’s FTSE MIB 0.87%, according to CLS. The previous day, most indices rose but France’s CAC 40 fel…
Spot silver tops $62/oz intraday, up 2.73%; New York futures also gain
Spot silver extended gains through Oct. 5, rising 2% to $61.56/oz and later breaking above $62/oz for a 2.73% intraday gain, according to CLS and Yicai. New York silver futures were up more than 1% intraday at $61.04/oz earlier in the day, …
Euro falls to 17-month low as French fiscal and political worries weigh
The euro fell to a 17-month low against the dollar on 5 October, touching 1.1161 per dollar, its lowest since May 2025, according to CLS, Jiemian and Huxiu. The outlets linked the slide to concern over France's fiscal position and political…
20 funds to open for subscription on Oct 8, first trading day after holiday
Twenty funds will open for subscription on Oct 8, the first trading day after China's National Day holiday, forming the first issuance peak of October, CLS and Jiemian reported. The batch includes seven passive index funds, five equity-bias…
WTI crude futures fall more than 2% to $89.28 a barrel
WTI crude oil futures fell 2.01% to $89.276 a barrel on 5 October 2026, according to CLS and Jiemian. Brent crude futures fell 0.60% to $101.633 a barrel. Yicai reported the WTI drop as about 2%. None of the three business outlets gave a re…
Hong Kong stocks close higher; Hang Seng up 1%, Zhipu gains over 7%
Hong Kong shares closed higher on October 6, with the Hang Seng Index up 1% and the Hang Seng Tech Index up 0.94%, according to three Chinese business and tech outlets. Zhipu rose more than 7% after its GLM-5.3 model was listed on Amazon Be…
Lucid Q3 output falls to 2,954 vehicles; deliveries reach 3,806
Lucid Group produced 2,954 vehicles and delivered 3,806 in the third quarter ended September 30, 2026, with deliveries exceeding production as the company continued a planned inventory reduction. Output fell 54% year on year, a third straig…
Global pure gasoline car share of new-car sales falls below 50% for first time
Mobility Global data show pure gasoline cars accounted for 49% of global new-car sales in the first half of 2026, the first time the share has fallen below half and down from 73% in 2021. Gasoline-only sales fell 10% to 20.25 million units,…
European stocks open higher; Germany's DAX up 1.17%
European stock indices opened broadly higher on 5 October, with Germany's DAX up 1.17%, France's CAC 40 up 0.79% and the pan-European Euro Stoxx 50 up 1.02%, according to Chinese financial outlets. Britain's FTSE 100 rose 0.32% and Italy's …
Rolls-Royce CEO says China market vital as Shanghai bespoke centre revenue climbs
Rolls-Royce chief executive Chris Brownridge said China is essential to the carmaker, which has held the position of its second-largest market worldwide for years, and that the company keeps investing there to serve Chinese customers. He ci…
Nikkei 225 gains widen to 2%
The Nikkei 225 index extended its rise to 2% on 5 October 2026, according to three Chinese financial outlets. CLS and Yicai reported the move in the morning, and Jiemian carried the same figure later that morning. The reports give no reason…
Hong Kong stocks close higher as Hang Seng rises 0.28%, tech index gains 0.62%
Hong Kong's Hang Seng Index fell 0.08% at the midday break on Oct 5 while the Hang Seng Tech Index rose 0.27%, figures reported by 36Kr, CLS and Jiemian showed. By the close, 36Kr reported the Hang Seng Index up 0.28% and the tech gauge up …
Hong Kong stocks open marginally lower; Hang Seng slips 0.04%
Hong Kong's Hang Seng Index opened 0.04% lower on 5 October 2026, while the Hang Seng Tech Index fell 0.47%. Yicai and Jiemian both reported that Meituan dropped more than 1% at the open, and 36Kr said home-appliance and software-services s…
South Korea's KOSPI index falls 1% to 6,933.32 points
South Korea's benchmark KOSPI index fell 1% to 6,933.32 points on Oct 6, 2026, according to CLS and Jiemian News, while Yicai reported a drop of more than 1%. Jiemian News also reported that SK Hynix fell nearly 3% and Samsung Electronics n…
SpaceX shares jump 7.6%, lifting Musk's net worth back above $1 trillion
SpaceX shares rose about 7.6% on Monday, pushing Elon Musk's net worth back above $1 trillion, according to the Bloomberg Billionaires Index, which put his wealth at $1.04 trillion after a $65 billion one-day gain. He first crossed the thre…