Flash News

TREE NEWS update: China’s State Administration for Market Regulation suspended 108,500 CCC certification certificates under a nationwide campaign to enforce the bottom line on compulsory product certification. The regulator launched dual-random, public-disclosure supervision inspections covering all 34 designated CCC certification bodies, 90 designated CCC laboratories and 300 voluntary certification bodies, it said.

TREE NEWS update: China’s foreign ministry said the EU has called on Beijing to limit Chinese hybrid vehicle exports to Europe to 15% of the market, with spokesman Guo Jiakun telling a regular briefing that the bloc should honor its free-trade commitments. Guo said China-EU economic ties are mutually beneficial rather than zero-sum, and that Beijing will closely monitor EU moves and take necessary steps to protect Chinese firms’ lawful rights.

TREE NEWS update: China’s Central Cyberspace Affairs Commission Secretariat has issued a notice requiring website platforms to actively clean up and handle infringing corporate information. The notice defines the scope of such information to include personal information, insults and defamation, impersonation and counterfeiting, and false or misleading content. The directive aims to protect the legitimate rights of enterprises and entrepreneurs and optimize the business environment.

TREE NEWS update: Cai Dong has been appointed a Party Committee member of China’s National Financial Regulatory Administration, the regulator’s official leadership page showed. Cai, born in October 1968, spent years in the financial system, including as ICBC Tianjin branch head and vice president of China Development Bank and Agricultural Bank of China. He became Jilin vice governor in October 2019 and later executive vice governor.

TREE NEWS update: Beijing registered 51 new generative AI services as of September 18, 2026, bringing the city’s cumulative total to 246. The registrations are part of China’s filing regime for generative AI services, which requires providers to complete registration before offering services to the public.

TREE NEWS update: The World Data Organization established a China-ASEAN Data Cooperation Committee on September 17 in Nanning, Guangxi. The committee will focus on cross-border data flows, inclusive intelligent computing power, joint rule and standard building, member ecosystem development and industrial clustering for ASEAN. The Beijing-headquartered body is the first international professional organization dedicated to data development and governance.

TREE NEWS update: South Korean President Lee Jae-myung said Friday that single-stock leveraged exchange-traded funds launched earlier this year have shortcomings. At a press conference, Lee said the products were introduced near the end of a stock market rally, and the subsequent reversal caused huge losses for investors. He did not apologize or name those responsible for the policy decision.

TREE NEWS update: South Korean President Lee Jae-myung said the country’s leveraged ETF policy may have flaws, indicating a possible review of the rules governing these products. He did not specify which aspects of the policy he considers deficient or what changes might follow. The remark touches on a market segment that has drawn scrutiny for amplifying retail investor risk.

TREE NEWS update: China’s Ministry of Housing and Urban-Rural Development will push forward three foundational systems for real estate, all project-based, said Zhang Xuetao, director of the ministry’s real estate market supervision department, at a State Council Information Office briefing. For development, the focus is on fully implementing the project-company system to settle who is the independent implementing entity of a project: one project corresponds to one company, which exercises independent legal-person rights, and headquarters are strictly barred from illegally siphoning project-company funds.

TREE NEWS reports: Polymarket has still not launched its long-promised $POLY token nearly a year after CMO Matthew Modabber confirmed on Oct. 24, 2025 that a token and airdrop were coming. The prediction market’s help center still says no airdrop or token generation event has been announced, while reports say JPMorgan ended its banking relationship in October 2025 over regulatory concerns. Analysts describe the token as indefinitely shelved rather than cancelled.

TREE NEWS update: The US Treasury sanctioned Iranian crypto exchange BitBank, saying it processed payments received through Iran’s Strait of Hormuz maritime scheme. The department also said the exchange helped move hundreds of millions of dollars in Bitcoin to the IRGC.

TREE NEWS update: China’s Ministry of Industry and Information Technology and nine other government departments jointly issued the 15th Five-Year Plan for pharmaceutical industry development, calling for faster deployment of frontier technologies. The plan directs AI, quantum computing, supercomputing and computational medicine toward drug discovery, alongside new production models such as space pharma and biomanufacturing, and key technologies including gene editing, organoids, universal cell therapies and xenotransplantation.

TREE NEWS update: China’s Cyberspace Administration on September 15 issued a notice on strengthening the management of corporate infringement information and optimizing the business online environment. The notice defines the scope of information platforms must proactively clean up, saying the handling of such content concerns the vital interests of enterprises, entrepreneurs and the public. Platforms are required to actively and proactively clear and handle the listed categories of infringing information.

TREE NEWS update: China’s Ministry of Industry and Information Technology and nine other government departments jointly issued the 15th Five-Year Plan for the pharmaceutical industry. The plan sets a 2030 goal for the country’s biopharmaceutical R&D and applications to rank among the world’s leaders, with annual average growth of more than 20% in the innovative drug sector. It calls for systemic breakthroughs in key core technologies in priority fields.

TREE NEWS reports: North Korea and Iran account for the majority of onchain malware, while Malaysia has been named among the most crypto-curious Islamic nations. The findings come alongside CoinEx’s shutdown. No further details on the exchange closure or the malware data were provided.

TREE NEWS update: Alipay, JD.com and Meituan customer service said their monthly-pay products such as Huabei, JD Baitiao and Meituan Monthly Pay remain usable, after a claim that platforms would drop the payment option trended on Weibo. The platforms said they will adjust how the checkout page displays the options in line with regulatory requirements. A reporter’s test found the checkout page layout is being split.