Flash News

TREE NEWS update: The Shenzhen Stock Exchange took self-regulatory measures against 95 cases of abnormal securities trading from August 31 to September 4, 2026, involving tactics like intraday pumping and dumping and false orders. It also reviewed 13 major events of listed companies and referred 2 suspected violations to the CSRC.

TREE NEWS reports: The International Monetary Fund now acknowledges that donations funded El Salvador’s Bitcoin adoption, reversing its earlier claim that the reserve had not moved and was merely shuffling coins between government wallets. The revised stance marks a shift in the IMF’s assessment of the country’s Bitcoin strategy.

TREE NEWS update: State Grid chairman Zhang Zhigang met China Huaneng chairman Bai Yong on Sept 4 to discuss deepening cooperation on the 15th Five-Year Plan, focusing on power supply, energy security, carbon peak goals, new power systems, and tech innovation. Both sides pledged to jointly advance high-quality energy and power development.

TREE NEWS update: China’s State-owned Assets Supervision and Administration Commission (SASAC) held a symposium on September 3 for central enterprises’ industry common technology research institutes. The meeting stressed the need to accurately define their functional positioning, strengthen public welfare attributes, and focus on industry development, market demand, and frontier technologies. It called for enhancing applied basic research, accelerating technology iteration through industry application scenarios, and setting scientific value goals, including training young talent.

TREE NEWS update: The US August non-farm payrolls report, including employment change, unemployment rate, and average hourly earnings, will be released at 20:30 Beijing time, alongside Canada’s August employment report. Markets await the data for clues on the Fed’s policy path.

TREE NEWS update: Pinglu Canal will officially open four passenger routes on its first day of navigation, connecting Xinfu service area to Pingtangjiang Estuary, Madou Hub, Qinzhou service area to Qingnian Hub, and Longmen Bridge. All four routes have obtained both the Domestic Water Transport Business License and Ship Operating Transport Certificate, ensuring legal operation.

TREE NEWS update: Hong Kong Exchanges and Clearing (HKEX) said IPO fundraising on the Hong Kong market reached HK$342.4 billion in the first eight months of 2024, up 153% from HK$135.1 billion a year earlier. The figures, released in HKEX’s monthly market statistics on September 4, underline a strong rebound in new listings.

TREE NEWS update: Li Xingqian, vice chairman of the China Council for the Promotion of International Trade (CCPIT), met with Magda Chambriard, president and CEO of Brazil’s Petrobras, in Beijing to discuss enhancing China-Brazil energy cooperation, facilitating foreign firms’ development in China, and promoting industrial chain integration. Brazilian Ambassador to China Gao Wang also attended the meeting.

TREE NEWS update: BlackRock has appointed Jason Mehring as its chief executive officer. The move takes effect immediately. Mehring previously served in a senior leadership role within the firm. This leadership change comes as BlackRock continues to expand its asset management business.

TREE NEWS update: Tan Ganming, former deputy secretary of the Yichun Municipal Party Committee and former mayor of Yichun City, is under disciplinary review and supervision investigation by the Jiangxi Provincial Commission for Discipline Inspection and Supervision. Tan voluntarily confessed to serious disciplinary and legal violations. The case underscores ongoing anti-corruption efforts in Jiangxi province.

TREE NEWS update: China has expanded its national satellite navigation positioning base station network to 7,569 stations, boosting BeiDou large-scale applications. The stations include 420 national, 3,293 provincial, and 3,856 collaborative ones, forming a unified national network for high-precision spatiotemporal services across sectors like urban planning, ecological protection, and disaster warning.

TREE NEWS reports: The Baltic Dry Index gained 4.01% to reach 3,628 points on the latest trading session. The increase reflects firming demand for dry bulk shipping, with capesize and panamax rates contributing to the advance. The index tracks global shipping costs for major raw materials.

TREE NEWS update: Trezor disclosed that a data breach at its logistics partner ShipMonk impacted an additional 67,000 customers. The newly identified records, dating from 2019 to 2021, include names, emails, phone numbers, shipping addresses, and order numbers. This expands the earlier reported breach affecting fewer users.

TREE NEWS reports: Hedge fund giant Citadel is planning to acquire US shale oil production assets. The move signals growing interest from financial investors in energy infrastructure. No financial details or timeline have been disclosed.

TREE NEWS update: A landslide in Gyirong County, Tibet, has killed 31 people and left 531 missing. The disaster struck on Sunday, triggering rescue efforts. The exact cause of the landslide is under investigation.

TREE NEWS update: French Health Minister Stéphanie Risté said on September 4 that around 7,000 excess deaths occurred during this summer’s heatwaves through the end of July. Final statistics will be published in the coming weeks. Earlier estimates put excess deaths at 5,764 between June 17 and July 2.

TREE NEWS update: Hubei Energy announced plans to invest about 8 billion yuan in clean energy and related industrial chain projects in Enshi Prefecture during the 15th Five-Year Plan period (2026-2030). The investment will fund a batch of wind, solar, hydro, storage, and integrated energy projects.

TREE NEWS update: China’s National Radio and Television Administration issued a management notice on May 4, requiring streaming platforms to review all micro-dramas uploaded by users, enforcing a ‘must-review-every-broadcast’ policy. User-uploaded micro-dramas meeting Category I or II standards must obtain a distribution license or approval document, and platforms are barred from disseminating personal uploads of special-topic micro-dramas.

TREE NEWS update: Xingye Technology said the China Securities Regulatory Commission has decided to open a case against the company for suspected violations of information disclosure laws and regulations. The company made the announcement without further details on the alleged violations.