Flash News

TREE NEWS update: China’s National Development and Reform Commission will expand ordinary high school and higher education capacity during the 15th Five-Year Plan period, Huang Weiru, deputy director of the NDRC’s social development department, said on Nov. 10. The commission will support construction of classrooms, dormitories, canteens and sports fields at ordinary high schools, and will back new research-oriented universities and high-level vocational undergraduate schools in qualified localities.

TREE NEWS update: Venezuela shipped 1 million barrels of crude oil to the United States last week, President Donald Trump said. The remark marks a notable development in US-Venezuela energy flows, though no further details on the shipment’s destination, buyer or timing were provided.

TREE NEWS reports: Vietnam’s benchmark VN Index rose 1.1% on the day. The gain marks a positive session for Vietnamese equities. No further details were immediately available.

TREE NEWS update: Iran’s Foreign Ministry spokesman Esmaeil Baghaei said on the 9th that the United States must lift sanctions and end the war as preconditions for starting negotiations. Responding to remarks by US Secretary of State Marco Rubio at a regular press briefing, Baghaei said safeguarding the rights and interests of the Iranian people is not an “unreasonable demand.” He said Washington must halt illegal sanctions, the maritime blockade and war on all fronts before any negotiating process can begin.

TREE NEWS reports: Indonesia’s benchmark stock index extended its intraday gain to 1% on the day. The move marks a firmer session for the country’s main equity gauge. No further detail on the drivers or the index level was given.

TREE NEWS update: Dai Beifang, former party secretary and chairman of the Shenzhen Municipal Committee of the Chinese People’s Political Consultative Conference in Guangdong Province, has been prosecuted on bribery charges, with the amount involved described as especially large. The case has been filed for public prosecution, though no further details on the charges or court schedule were disclosed.

TREE NEWS reports: Unitree Robotics shares rose more than 10%, pushing the company’s market capitalization back above 300 billion yuan. The move marks a sharp rebound for the robotics maker, whose valuation had slipped below that level. No further details on the cause of the rally were provided.

TREE NEWS reports: Malaysia’s benchmark KLCI index fell 1% on the day, the index’s latest move lower. No further details on the drivers or the level of the index were provided.

TREE NEWS update: Anthropic has notified bankers that the IPO filing documents previously sent to them contained errors, and the company will provide updated data to the banks. The AI developer did not disclose the nature of the errors or the timing of the revised filing.

TREE NEWS update: The U.S. Department of Justice sued Lyft, alleging the ride-hailing company refused to provide rides to passengers traveling with service dogs or using wheelchairs. The lawsuit seeks $53 million in compensation for disabled people it says were discriminated against. The filing targets Lyft’s treatment of passengers with disabilities.

TREE NEWS reports: Sunyang Dairy shares surged to the daily limit-up on the A-share market, leading a broader rally in Chinese consumer stocks. Pinwo Food, Yiming Food, Huifa Food, Huangshi Group and Juneyao Health all rose in sympathy, tracking the dairy sector’s gains. The material did not specify the date or the size of the moves in the other names.

TREE NEWS reports: Robot-concept stocks in China continued to strengthen, with Fenglong Co., Guangyang Co. and Taier Co. each posting a second consecutive daily limit-up. Fulai New Materials, Longruan Technology and Unitree Robotics gained more than 7%. The move extends a rally in the sector, though the material did not specify the trading date or the exchange involved.

TREE NEWS reports: The CSI Convertible Bond Index opened 0.66% higher on the latest trading session. Weidao Convertible Bonds and Mankun Convertible Bonds led the gains, rising 6.84% and 5.70%, respectively, followed by Aohong Convertible Bonds, Jingce Convertible Bonds 2 and Lianrui Convertible Bonds. Sanjiang Convertible Bonds led the decliners, falling 0.84%, with Tianrun, Shanlu, Xiangjia and Guanghe Convertible Bonds posting smaller losses.

TREE NEWS reports: China’s semiconductor supply chain led gains at the market open, with Dongfang Jiasheng extending its winning streak to a third consecutive session. Tongfu Microelectronics, Torrance, Jinghua Micro, Xiandao Jidian and Jingfeng Mingyuan each rose more than 5%. No specific figure or date was given for the move.

TREE NEWS reports: China’s treasury futures opened lower on the latest trading session, with the 30-year main contract down 0.16%. The 10-year and 5-year main contracts each slipped 0.03%, while the 2-year main contract fell 0.01%.

TREE NEWS update: Yemen’s Houthi group on 9 May urged foreign companies operating in Saudi Arabia to register their details to avoid having their facilities targeted. The broadcaster said investment projects belonging to countries participating in the Saudi-led military campaign in Yemen could be listed as potential targets.

TREE NEWS reports: China’s A-share benchmarks opened higher on Thursday, with the ChiNext Index rising 2.44% to 2,518.44 at the open. The Shanghai Composite opened up 0.58% at 3,682.04, the Shenzhen Component gained 1.51% to 11,313.32, and the CSI 300 rose 0.81% to 4,089.05. The STAR 50 opened up 2.37% at 1,286.70.

TREE NEWS update: The People’s Bank of China conducted 190 billion yuan of overnight reverse repo operations on Thursday at an interest rate of 1.25%, resulting in a net liquidity injection of 8 billion yuan in the open market. The operation marks a modest net easing as the central bank manages short-term funding conditions.

TREE NEWS reports: Hong Kong’s Hang Seng Index opened 0.70% higher at 24,621.13 on Monday, with the Hang Seng Tech Index up 0.78% and the Hang Seng Biotech Index gaining 3.2%. WuXi AppTec rose more than 6%, Lenovo Group climbed nearly 6% and Hua Hong Semiconductor advanced more than 4%.