Flash News

TREE NEWS reports: Mexico’s gross domestic product grew 3.22% year-on-year in the third quarter, exceeding the 3.0% forecast. The figure was released as the latest reading on the country’s economic performance.

TREE NEWS update: Israel’s military said on 30 March that its forces, working with the Shin Bet security service, destroyed two Hamas weapons depots in the Bureij refugee camp and Gaza City during a joint operation the previous night. The Israel Defense Forces announced the strikes in a statement, saying the depots belonged to the Palestinian Islamic Resistance Movement (Hamas).

TREE NEWS update: China Gold reported third-quarter net profit attributable to shareholders of 55.75 million yuan, up 246.52% year on year, on revenue of 5.54 billion yuan, down 62.23%. The revenue decline was mainly due to lower sales volume through the company’s buyback channel. For the first nine months of 2026, revenue fell 33.49% to 30.44 billion yuan while net profit edged up 0.08% to 335 million yuan.

TREE NEWS update: Iran’s navy said it destroyed a US unmanned vessel in the eastern waters of the Strait of Hormuz, Iranian media reported on the 30th. The report gave no further details on the type of vessel or the circumstances of the incident. There was no immediate confirmation from US officials.

TREE NEWS update: OPPO has appointed Senior Vice President Li Bingzhong to take full charge of its overseas business, responsible for the operating results of OPPO and its sub-brands in overseas markets. Vice President Yin Wenguang will oversee all smartphone product lines, reporting to Chief Product Officer Liu Zuohu. The executive appointments and division-of-labor adjustment were announced in a recent internal notice.

TREE NEWS update: A single dose of nirsevimab was 87.02% effective in protecting infants from respiratory syncytial virus (RSV)-related lower respiratory tract infection hospitalization over 300 days, according to preliminary real-world data presented by the Shanghai Municipal Center for Disease Control and Prevention’s Sun Xiaodong team at the Second Public Health Surveillance Academic Conference of the Chinese Preventive Medicine Association. This is China’s first systematic report on nirsevimab’s protective effect beyond 180 days in Chinese infants, Sanofi said.

TREE NEWS update: China’s first comprehensive aerial survey aircraft, the Y-12F atmospheric survey plane, completed a full-subject demonstration flight in Harbin, state-owned Aviation Industry Corporation of China said. The aircraft successfully carried out high-sensitivity detection of multiple pollutants and cloud-water chemistry, acquiring three-dimensional distribution data for fine particulate matter, gaseous pollutants, greenhouse gases and cloud water, the company said, validating the reliability of China’s fixed-wing platform for integrated atmospheric environment monitoring.

TREE NEWS update: Zhou Qiang, vice chairman of China’s National Committee of the Chinese People’s Political Consultative Conference, met a delegation from Germany’s Körber Foundation in Beijing on the 30th. He briefed the delegation on the spirit of the Fifth Plenary Session of the 20th Communist Party of China Central Committee, the CPPCC system and China’s rule-of-law strategy, and exchanged views on maintaining the China-EU comprehensive strategic partnership, handling differences through dialogue and consultation, and jointly addressing global challenges.

TREE NEWS update: The Finnish News Agency (STT) announced on the 29th that it will shut down its news operations by the end of March 2027, citing sustained losses. After the closure, the agency said it will explore commercializing its archive resources and related technology. The announcement marks the end of the national wire service’s newsgathering business.

TREE NEWS update: China’s National Financial Regulatory Administration said it will steadily advance the reform and risk disposal of small and medium-sized financial institutions, reducing their number and improving quality, while actively supporting the resolution of risks in real estate and local government debt. The pledge came at an expanded party committee meeting that studied the spirit of the 20th Central Committee’s fifth plenary session and set out implementation measures.

TREE NEWS reports: European Central Bank Governing Council member Gabriel Makhlouf said energy data came in worse than expected and that the current inflation picture is disturbing. He said upside risks remain and the ECB must stay vigilant. The remarks, reported without a date, signal continued concern on the policy council about price pressures.

TREE NEWS update: The Shanghai Stock Exchange has completed and launched a bookbuilding module for asset-backed securities issuance, built on the corporate bond module of its existing centralized bookbuilding system for credit bonds. Under the new setup, ABS bookbuilding runs on a centralized system without mandatory centralized venues, and underwriters, bond trading participants and other professional institutional investors recognized by underwriters can access the module directly via the internet to take part in ABS issuance.

TREE NEWS update: President Donald Trump said the war with Iran will end soon “one way or another” and that Tehran must reach a deal. The remarks were issued as a direct statement from the US president, without further detail on timing or the terms of any agreement. No additional conditions or deadlines were specified.

TREE NEWS update: China’s National Energy Administration will further study policies to promote compute-power coordination, including green power direct connection models, deputy director of the NEA’s power department Tan Hongjiang said at a press conference on Oct. 30. Compute-power coordination is gaining momentum, green power direct connection is off to a fast start, the policy system is being improved, and localities are actively exploring practical projects, he said.

TREE NEWS update: The 2026 APEC CEO Summit will be held in Shenzhen on Nov. 17-18, with preparations now in their final countdown phase, Wang Wenshuai, spokesperson for the China Council for the Promotion of International Trade, said on Oct. 30. Wang said the preparatory work is proceeding steadily and in an orderly manner.

TREE NEWS update: China Construction Bank said roughly half of its home purchase loans meet the conditions for the interest subsidy introduced under the real estate policy package released on August 28, speaking at the bank’s third-quarter 2026 results briefing on October 30. Ji said CCB has aligned with the new measures and is using its group strengths to provide integrated financial services to developers, project companies and individual homebuyers.

TREE NEWS update: Hangzhou’s Qiantang District has set up 38 biopharmaceutical sub-funds with a combined scale of more than 30 billion yuan, Feng Baolin, party secretary of the Hangzhou Medical Port working committee, said on Oct. 30 at the 2026 Greater Health Industry Conference. The district operates a “fund of funds + X funds” structure that pools government vehicles including Zhejiang’s “4+1” industry fund and Hangzhou’s “Runmiao” fund, alongside private capital.

TREE NEWS reports: China’s state-owned enterprises reported total operating revenue of 60,006.09 billion yuan for January-September, down 3.2% year on year, while total profits rose 3.0% to 3,310.35 billion yuan, the Ministry of Finance said. Taxes payable increased 4.7% to 4,658.98 billion yuan, and the debt-to-asset ratio stood at 65.5% at end-September, up 0.4 percentage points from a year earlier.

TREE NEWS update: The National Development and Reform Commission’s Party group convened an expanded meeting, pledging to better perform its duties as the macro-management and comprehensive economic department and to advance the orderly implementation of the 15th Five-Year Plan. The commission said it would pursue new progress in macroeconomic governance, modern industrial system construction, deeper reform and opening-up, green and low-carbon development, security capacity, urban-rural and regional coordination, and livelihood protection.

TREE NEWS update: China’s grid companies completed more than 600 billion yuan ($84 billion) in fixed-asset investment through the end of September, the National Energy Administration said at a press conference. In the third quarter, monthly nationwide electricity consumption grew year on year, with July and August each exceeding 1 trillion kWh and peak load hitting a record four times. Installed generation capacity reached 4.13 billion kilowatts, up 11.2% year on year.