Flash News

TREE NEWS update: Jiangxi province issued a series of local government bonds, including a 30-year high-quality development special bond of 21.16733 billion yuan at a 2.2000% coupon and a 20-year tranche of 12.6140 billion yuan at 2.1300%. A 7-year land reserve special bond totaled 7.43116 billion yuan at 1.4600%, while a 10-year ordinary special bond raised 3.19 billion yuan at 1.6400%. Shorter 5-year shantytown and high-quality development bonds priced at 1.3600%.

TREE NEWS reports: China’s total 2026 box office receipts, including pre-sales, surpassed 31.5 billion yuan ($4.4 billion) as of Oct. 26. The figure covers all films released in the country this year. No further breakdown was disclosed.

TREE NEWS update: Dayao Drinks has replaced CEO Sun Yinong with Liu Lidong, the Chinese beverage maker confirmed, saying the change is part of a long-term development strategy. Liu, who has deep experience in the fast-moving consumer goods sector, will oversee the company’s operations and push its “Dayao 2.0” strategy across products, channels, supply chain and branding.

TREE NEWS update: China’s Ministry of Commerce on October 3, 2026 issued Announcement No. 44, opening an anti-dumping investigation into p-nitrotoluene imported from the European Union under tariff code 29042020. The ministry has begun distributing investigation questionnaires, requiring foreign exporters and producers, domestic producers and domestic importers to complete and return their respective forms as stipulated under China’s anti-dumping regulations.

TREE NEWS reports: The onshore yuan closed at 6.6681 against the dollar at 16:30 Beijing time, strengthening 30 pips from the previous official close and 23 pips from the prior overnight session close. The official fixing marks a modest gain for the Chinese currency on the day.

TREE NEWS update: Ukrainian President Volodymyr Zelensky said on October 25 that during a meeting in Oslo, Norway, last week, Ukraine presented the United States with three specific proposals under which it would stop attacking Russian energy facilities. He said none of the conditions had been met.

TREE NEWS reports: Petrobras shares fell more than 20% in US premarket trading, while Itaú Unibanco dropped over 27%. The sharp declines hit two of Brazil’s largest listed companies ahead of the US market open. No further details were provided.

TREE NEWS update: Qatari officials will visit Tehran on Sunday to mediate, Iran said. The visit is described as a mediation effort, with no further details on the agenda, the officials involved, or the parties the talks are meant to bridge. No outcome or timeline beyond the Sunday arrival was given.

TREE NEWS update: Iran’s Supreme National Security Council deputy secretary Ali Bagheri Kani confirmed that senior officials from Saudi Arabia, Pakistan and Turkey — the three members of the Mecca Joint Defense Agreement — will meet Iranian officials in Tehran on October 26 to discuss regional issues, Iranian state television reported. The visit marks the first such high-level contact among the four countries since the defense pact was signed.

TREE NEWS reports: Hong Kong stocks closed mixed on the session, with the Hang Seng Index up 0.51% and the Hang Seng Tech Index down 0.36%. Energy names led gains: PetroChina rose about 6%, Sinopec gained about 4% and CNOOC climbed more than 3%.

TREE NEWS update: China’s Ministry of Commerce on [date] released a draft of Special Provisions on the Protection of Chinese Trade Secrets for public comment, setting out countermeasures against foreign entities found to have misappropriated them. The draft would let the ministry restrict or ban such entities’ China-related goods, technology and services trade, bar new investment in China, deny entry to personnel and transport, revoke work and residence permits, and impose fines scaled to the severity of the case.

TREE NEWS reports: European equities opened mixed on the day, with the Euro Stoxx 50 up 0.07%, Germany’s DAX up 0.28% and France’s CAC 40 up 0.60%, while the UK’s FTSE 100 slipped 0.17%. The split open left the region’s benchmark gauges little changed overall as investors weighed the session’s start.

TREE NEWS update: French Interior Minister Laurent Nunez said 1,435 people were arrested across France during demonstrations over the weekend, and that curfews will remain in place in the coming days. Nunez said the social unrest is unlikely to subside in the short term and the situation is not expected to change significantly soon. Specific curfew measures will be decided by local prefects in consultation with mayors, he said on October 26.

TREE NEWS update: The Hainan Provincial Committee of the Communist Party of China and the Hainan Provincial People’s Government issued a document on building an eco-friendly free trade port, pledging to strictly curb the blind launch of high-energy, high-emission, high-pollution and low-level projects. New, modified or expanded high-energy and high-emission industrial projects must implement equal or reduced carbon emission replacement, and new projects should prioritize advanced processes and pollution control technologies.

TREE NEWS update: Hainan’s provincial government issued a policy on building an eco-friendly free trade port, setting a target for new energy vehicles to make up at least 70% of new car additions by 2027 and steadily advancing a 2030 ban on fuel car sales. The plan also calls for accelerating offshore wind and the Changjiang nuclear project and supporting green data centers and base stations.

TREE NEWS update: The Hainan Provincial Party Committee and Hainan Provincial Government issued a directive on building an eco-environmentally friendly free trade port, setting a 2030 goal for key industries and industrial parks to initially form green, low-carbon, circular development models. By 2035, the province aims for world-leading ecological quality and resource efficiency, with notable progress in ‘cool city’ construction.

TREE NEWS update: The Saudi-led coalition struck military targets inside Houthi-controlled territory in Yemen, coalition spokesman Turki al-Maliki said in a statement on the morning of the 26th, describing the action as a response to repeated attacks by the group. The statement gave no details on the locations hit or the results of the strikes.

TREE NEWS update: French Interior Minister Bruno Retailleau said 1,435 people were arrested nationwide during protests over the weekend, adding that the situation is not expected to change significantly in the coming days and that curfews in several areas will remain in place. He said the October 24 demonstrations were “generally under control” with no serious incidents, though violence against security forces remains “very serious.”

TREE NEWS update: Iran’s armed forces will deliver a “devastating response” to any aggressor, the country said. No further details, including the timing or target of the threatened response, were provided. The declaration comes amid heightened regional tensions.

TREE NEWS update: Chinese Foreign Ministry spokesperson Guo Jiakun said at a regular press briefing that the ASEAN Defense Ministers’ Meeting-Plus should play a positive role in strengthening dialogue, mutual trust and cooperation among regional countries. China opposes any force using public platforms for private purposes, hijacking ASEAN or stirring up trouble, Guo said, responding to a question on the ADMM-Plus.