Flash News

TREE NEWS update: China has contributed significantly to the smooth progress of negotiations at the 17th Conference of the Parties to the Convention on Biological Diversity (COP17), currently underway in Yerevan, Armenia, according to COP17 President and Armenian Environment Minister Hambardzum Matevosyan. He cited China’s pre-conference Kunming Dialogue and the ongoing global collective progress review as examples of sustained support for the conference’s work.

TREE NEWS reports: Chinese automakers outsold Japanese rivals in Europe over a full quarter for the first time, with Chinese brand registrations nearly doubling year-on-year in July-September to account for 12.7% of total European vehicle sales. Japanese automakers, including Toyota, held an 11.9% share, with hybrids driving the strongest performance among Chinese brands.

TREE NEWS reports: European natural gas prices briefly rose above €97 per megawatt-hour, the first time since 2022, on concerns over winter supply and Middle East conflict. The move marks a return to price levels not seen in more than two years.

TREE NEWS update: CICC plans an interim 2026 profit distribution of RMB 0.26 per share (tax included), for a total payout of RMB 2.062 billion based on 7.931 billion shares after its share-swap mergers with Dongxing Securities and Cinda Securities. If the total share count changes, the company will keep the total distribution unchanged and adjust the per-share amount accordingly.

TREE NEWS reports: Spot silver fell 1% during the session to trade at $53.37 per ounce, extending an intraday decline. The move reflects a pullback in the precious metal, a market that often trades alongside crypto assets as a hedge. No further context was provided.

TREE NEWS reports: Brazil’s small-cap stock index fell 30% on Thursday, marking its largest single-day decline on record. The drop in the small-cap gauge far outpaced moves in the country’s broader equity benchmarks. No further details on the cause or the specific index level were immediately available.

TREE NEWS reports: The three major US indexes opened higher, with the Dow up 0.2%, the S&P 500 up 0.25% and the Nasdaq up 0.28%. Brazilian companies listed in the US fell sharply, with XP down over 52%, PagSeguro Digital down over 33%, Itaú Unibanco down over 23% and Petrobras down over 17%. SK Hynix rose over 2% on reports it is preparing a 50-60 trillion won shareholder return plan, while Meta edged lower as it seeks up to $95 billion in equity financing to support AI spending.

TREE NEWS reports: The S&P 500 opened 16.02 points higher, up 0.21%, at 7,639.70. The Dow Jones Industrial Average opened up 105.29 points, or 0.20%, at 52,320.45, while the Nasdaq Composite opened up 71.52 points, or 0.28%, at 26,026.87.

TREE NEWS update: Egypt’s House of Representatives voted unanimously on the 26th to authorize President Abdel Fattah el-Sisi to deploy troops to Saudi Arabia for defense purposes. The vote followed two emergency sessions last week that failed to reach agreement, making this the third meeting on the matter. The decision grants the president formal parliamentary approval to send Egyptian forces to the kingdom.

TREE NEWS reports: Xinjiang’s gross domestic product reached 1.643 trillion yuan in the first three quarters of 2026, up 4.2% year on year at constant prices, the regional government said. The pace was slower than the national growth of 4.6% over the same period but faster than Xinjiang’s first-half expansion of 3.7%.

TREE NEWS update: Audi signed strategic agreements with China FAW Group and SAIC Motor to reinforce differentiated positioning between its four-ring brand and the AUDI lettered brand, formalizing a “dual-brand, dual-partner” channel architecture in China. The automaker said the agreements clarify each brand’s strategic focus and reflect a long-term commitment by Audi, FAW and SAIC to the Chinese market. The move marks a strategic milestone in Audi’s China layout.

TREE NEWS update: Agricultural Bank of China issued a RMB20 billion ‘Sannong’ (agriculture, rural areas and farmers) special financial bond in the interbank market, the largest issuance of its kind so far this year. The bank completed the 2026-vintage sale in recent days. The bond is dedicated to financing agriculture-related lending.

TREE NEWS update: Sudan’s Rapid Support Forces launched drone attacks on five power stations in central and eastern Sudan on April 26, the Sudanese Electricity Company said in a statement the same day. The strikes caused widespread power outages across four states, the company said.

TREE NEWS update: Brazil’s stock market suspended trading after a circuit breaker was triggered, halting activity on the exchange. The move came as the market’s circuit-breaker mechanism was activated, pausing trading. No further details on the cause or duration of the halt were provided.

TREE NEWS reports: Bitcoin dropped below $80,000 ahead of the Federal Reserve’s policy decision and the US midterm elections, with analysts attributing the move to a sell-off in AI stocks and outflows from exchange-traded funds. HashKey’s Tim Sun flagged $75,000 as the next key support level for the largest cryptocurrency.

TREE NEWS reports: Galaxy Research said Bitcoin’s bear market ended in June, citing a reclaimed 50-week moving average, fading selling pressure and a strengthening debasement case. The firm called the current period an attractive time to buy.

TREE NEWS reports: China recorded 5.307 billion domestic tourist trips in the first three quarters of 2026, up 309 million from a year earlier, a 6.2% year-on-year increase. Urban residents accounted for 4.037 billion trips, up 6.6%, while rural residents made 1.270 billion trips, up 5.1%.

TREE NEWS update: SpaceX priced bonds at up to 8.75% as part of a $40 billion credit transaction. The pricing sets the borrowing cost for the company’s large-scale financing package. No further terms of the deal were disclosed.

TREE NEWS update: A spokesperson for the Chinese Embassy in the UK said Europe’s industrial difficulties stem from structural problems including deindustrialization, excessive financialization, insufficient R&D investment and manufacturing relocation driven by short-term capital. Blaming China’s exports for these woes masks policy failures, the spokesperson said, adding that China’s manufacturing has lowered costs and eased inflation for Western consumers.

TREE NEWS update: Brazil’s Treasury canceled its bond auctions scheduled for Oct. 27 and Oct. 29, the ministry said. No reason for the cancellation was given. The two dates had been on the government’s regular debt-sale calendar.