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The A-share banking sector fluctuated and strengthened during the session, with Bank of China, Industrial and Commercial Bank of China, and Hangzhou Bank hitting new intraday highs. China Everbright Bank, Ping An Bank, Bank of Beijing, and Bank of Co

2026-10-08

The A-share banking sector fluctuated and strengthened during the session, with Bank of China, Industrial and Commercial Bank of China, and Hangzhou Bank hitting new intraday highs. China Everbright Bank, Ping An Bank, Bank of Beijing, and Bank of Communications were among the top gainers.

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2026-10-08

China A-share battery concept stocks rose in early trade. Zizhu Gaoke notched a third consecutive daily limit-up; Shidai Wanheng hit the daily limit. Xiongtao, Yishitong, Jin Yinhe, Longpan Technology and Zhenhua New Materials also advanced.

China A-share battery concept stocks rose in early trade. Zizhu Gaoke notched a third consecutive daily limit-up; Shidai Wanheng hit the daily limit. Xiongtao, Yishitong, Jin Yinhe, Longpan Technology and Zhenhua New Materials also advanced.
2026-10-07

Reserve Bank of India raised the repo rate 25bps to 5.50% — its first hike in four years — and shifted policy stance from "neutral" to "calibrated tightening". Governor Sanjay Malhotra said this signals entry into a "relatively mild" tightening cycle

Reserve Bank of India raised the repo rate 25bps to 5.50% — its first hike in four years — and shifted policy stance from "neutral" to "calibrated tightening". Governor Sanjay Malhotra said this signals entry into a "relatively mild" tightening cycle. The Indian rupee slid as much as 0.4% to 96.85 per US dollar on Wednesday, the worst-performing Asian currency that day and approaching May’s record low of 96.9650; traders said the 25bp hike and the absence of more aggressive liquidity tightening were insufficiently hawkish to offset pressure from higher oil prices and rising US interest rates.
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