Flash News

TREE NEWS reports: Emmanuel Sharef, who runs PIMCO’s flagship 60/40 balanced income and growth fund, is betting the next AI winners won’t be crowded US tech giants, shifting toward Asian equipment suppliers and Chinese financial and healthcare stocks. He cites rising debt burdens and uncertain earnings outlooks among many large US tech firms as spending soars.

TREE NEWS update: China’s Foreign Ministry said it has no information on a possible joint statement with the US on agriculture and related non-tariff barriers, after US Trade Representative Jamieson Greer suggested Thursday such a statement could be forthcoming. Spokesperson Guo Jiakun said Beijing and Washington should jointly implement the consensus reached by their heads of state to maintain stable trade relations.

TREE NEWS update: US President Donald Trump said on September 3 that Britain is ‘on the brink of disaster’ due to its immigration and energy problems. He avoided taking a clear stance on the Falklands sovereignty dispute and again criticized the UK’s role in the Iran conflict. Trump reaffirmed his ‘love’ for the UK but said Prime Minister Burnham’s government has serious issues to address, warning that if immigration is not stopped, Britain will ‘cease to exist.’

TREE NEWS update: China’s foreign ministry spokesperson Guo Jiakun defended recent missile tests amid criticism from Pacific island leaders over insufficient notice. Emphasizing China’s commitment to peaceful development and defensive defense policy, Guo stated China never engages in military expansion and expressed willingness to cooperate with South Pacific nations for regional peace and stability.

TREE NEWS reports: China’s treasury futures closed mixed on Friday, with the 30-year main contract flat, the 10-year down 0.05%, the 5-year down 0.06%, and the 2-year down 0.02%. The moves reflect steady demand for long-dated bonds amid ongoing monetary easing expectations.

TREE NEWS update: China’s National Development and Reform Commission has allocated an additional 100 million yuan to support Fujian province in post-typhoon disaster recovery. The funding aims to bolster emergency restoration efforts following the recent typhoon damage. The announcement was made via Xinhua News Agency.

TREE NEWS update: China’s Foreign Ministry confirmed that 52 Singaporeans are being investigated for alleged pyramid scheme activities in Guangxi. Spokesperson Guo Jiakun said Beijing handles foreign nationals’ criminal cases in accordance with the law and protects their legal rights, referring further questions to competent authorities.

TREE NEWS update: China’s Defense Ministry spokesman Jiang Bin dismissed Taiwan’s 2026 military report as misleading, saying it is an excuse by the DPP to sell war anxiety and pursue independence by force. He reiterated that any attempt to seek independence through military means is doomed to fail.

TREE NEWS update: China will send personnel to Russia to participate in the ASEAN Defense Ministers’ Meeting-Plus humanitarian demining expert group field exercise. The announcement was made on Wednesday, detailing the deployment for the multinational training event.

TREE NEWS update: China’s Ministry of Natural Resources has officially launched authorized operations for satellite navigation and positioning base station network service data, marking the first time national BeiDou base station data is shared openly with society. The move aims to facilitate compliant circulation of public data and unlock the economic value of spatiotemporal data elements for key industries and market entities.

TREE NEWS update: China has confirmed sending a delegation to the 2026 Asia-Pacific Defense Commanders Conference in Victoria, Canada, co-hosted by the Canadian Armed Forces and US Indo-Pacific Command. Led by Eastern Theater Command Commander General Yang Zhibin, the delegation delivered a speech and held bilateral meetings with US, French, and Singaporean representatives.

TREE NEWS update: The 33rd China Beijing Seed Industry Conference opened in Fengtai, Beijing, themed ‘AI Empowers Smart Breeding, Digital Intelligence Leads the Future of Seed Industry.’ For the first time, the conference focuses on smart breeding, highlighting internationalization, intelligence, and marketization, showcasing China’s latest seed industry technology innovations.

TREE NEWS update: Chinese President Xi Jinping sent a congratulatory letter to the 8th China-Russia Energy Business Forum on [date]. In the letter, Xi emphasized the importance of energy cooperation between the two countries and called for deeper collaboration in the energy sector. The forum serves as a platform for strengthening bilateral energy ties.

TREE NEWS reports: European stocks opened lower on Tuesday, with Germany’s DAX down 0.17%, the UK’s FTSE 100 down 0.28%, France’s CAC 40 down 0.25%, and the Euro Stoxx 50 down 0.28%. Volkswagen rose nearly 10% after announcing a restructuring plan.

TREE NEWS reports: Chinese equities ended lower on Monday as the benchmark Shanghai Composite fell 0.3%, Shenzhen Component dropped 0.79%, and ChiNext slipped 0.78%, with the STAR50 index losing over 2%. Pork-related stocks rallied, with New Hope, Luoniushan, and Zhenghong Technology hitting limit-up. Liquid cooling and semiconductor shares declined, with Inspur Information hitting limit-down and Hua Hong down over 8%. Turnover reached 2.05 trillion yuan, with over 2,900 stocks falling.

TREE NEWS reports: China’s domestic commodity futures closed mostly higher, with silicomanganese surging 6%, while LPG and soda ash rose over 3%. Palladium, caustic soda gained over 2%, and alumina, silver, platinum, manganese silicon, ethylene glycol, gold, urea, glass, rapeseed meal, soybean meal, and iron ore each added over 1%. Lithium carbonate fell over 7%, and low-sulfur fuel oil dropped over 2%, with paraxylene and PTA down over 1%.

TREE NEWS reports: China’s Shanghai Composite closed at 3930.12 points, down 0.30% on [date]. The Shenzhen Component fell 0.79% to 13516.97, while the ChiNext dropped 0.78% to 3286.55. The CSI 300 edged down 0.10% to 4548.05, but the STAR 50 lost 2.10% to 1577.36, leading declines.

TREE NEWS update: South Korea’s presidential office said on Tuesday it is still reviewing a proposal to send troops to the Strait of Hormuz and has made no decision yet. The office added that Seoul could make a contribution to the situation without undermining its current defense posture.

TREE NEWS update: Shanghai’s Planning and Natural Resources Bureau issued the city’s 2026-2030 spatial implementation plan, targeting a significant upgrade of its ‘five centers’ core functions by 2030. The plan aims to strengthen global resource allocation, tech innovation, high-end industry leadership, open hub influence, and cultural soft power, advancing its vision as an innovative, ecological, and cultural international metropolis.

TREE NEWS update: Anhui province issued a 10-year general local bond of 722.89 million yuan at a yield of 1.7400%, with a marginal multiple of 4.29 times. The province also sold special bonds across 7-, 15-, and 20-year tenors, totaling about 116.16 billion yuan, with yields from 1.5600% to 2.2400%.