Flash News

TREE NEWS update: China Development Bank priced a 5 billion yuan (US$700 million) three-year green financial bond on September 3 via the China Foreign Exchange Trade System, with a coupon of 1.27%. It marked the bank’s first online book-building issuance of a green bond, boosting efficiency and transparency.

TREE NEWS update: China’s National Financial Regulatory Administration (NFRA) released draft rules on information disclosure for banks and insurers, now open for public comment. The measures clarify responsibilities across institutions, directors, supervisors, senior managers, shareholders, actual controllers, and third-party services like accounting and law firms. They also empower regulators to take action against violations.

TREE NEWS update: Zhejiang provincial government issued a plan to boost the sports industry, encouraging companies to innovate in outdoor equipment, smart wearables and sports rehabilitation. The policy, published by the provincial general office, aims to expand large-scale sports enterprises and cultivate leading service firms. It also promotes integrating AI and IoT into sports gear and developing smart venues.

TREE NEWS update: Zhejiang province plans to grow its sports industry to 1 trillion yuan by 2030. The province aims to lead in sports events, nurture 10 nationally influential sports enterprises, and boost consumption through immersive scenes, village-brand tournaments, and extended venue hours.

TREE NEWS update: Sunwoda announced its subsidiary Sunwoda Power will issue new shares to Li Auto, which will invest 2.65 billion yuan to subscribe for 1.4 billion yuan of new registered capital, acquiring an 8.79% stake post-increase. The plan was approved by the board. Sunwoda Huizhou New Energy’s stake will drop from 26.38% to 24.06%, but the unit remains consolidated.

TREE NEWS update: Beijing’s commerce bureau and five other departments issued a plan to boost digital and AI-driven home-care services. It encourages housekeeping platforms to develop elderly-care and companion robots, smart wearables, and health monitors, exploring human-machine collaboration to meet care needs for the elderly and children.

TREE NEWS update: The World Meteorological Organization confirmed on September 3 that an El Nino event has emerged and is expected to intensify into a super El Nino within months. China’s National Climate Center predicts continued impacts through autumn and winter, with significant effects next summer, including heavy rain and active typhoons.

TREE NEWS update: Beijing’s commerce bureau and five other departments issued a plan to boost the home-based elderly care and childcare services industry. The plan supports scaling up key service platforms and enterprises, aiming for steady growth of large-scale domestic service firms. It encourages innovation, smart scenarios, and continued tax benefits to reduce costs and improve efficiency.

TREE NEWS update: RoboSense’s all-solid-state digital LiDAR E2, powered by its ‘Peacock’ chip, has achieved mass production with the launch of Navimow H5 Pro, a robotic lawn mower by Segway-Ninebot’s brand Unilan. Unveiled at IFA 2026 in Berlin, this marks the first mass-production project for E2 and the ‘Peacock’ chip, described as the industry’s highest-spec all-solid-state area-array SPAD-SoC. Since January, RoboSense has been the exclusive supplier of digital perception products for Unilan’s three product lines.

TREE NEWS update: Wuhan’s housing authority, with multiple departments, issued a notice relaxing rules on using housing provident funds to repay commercial mortgages on first homes. The previous 12-month withdrawal interval is lifted. Borrowers can now apply after six months of regular repayment and withdraw monthly thereafter, with cumulative withdrawals capped at the loan amount.

TREE NEWS update: China’s Consulate General in New York held a US-China relations exchange at the Harvard Club on May 2, themed “Our Shared Expectations,” with over 150 American friends from various sectors attending. Consul General Chen Li emphasized that the improvement and development of bilateral ties align with the fundamental interests of both peoples and the international community’s expectations, citing the important consensus reached by the two heads of state in May on building a constructive strategic stable relationship.

TREE NEWS reports: The U.S. Financial Crimes Enforcement Network (FinCEN) has linked $12.7 billion to cryptocurrency scams operated from compounds in Asia. Monthly reported sums have risen 18% on average, and the compounds are spreading beyond Southeast Asia.

TREE NEWS update: Liyang Chip announced it terminated its planned acquisition of a 100% stake in Guoxin Micro. The two parties signed a termination agreement on September 4, 2026, citing immature transaction conditions. No payments were made, and the termination will not impact operations or finances.

TREE NEWS update: At the 2026 Tiandu International Conference on Deep Space Exploration, China officially launched the International Earth-Moon CubeSat Constellation Science Program. The initiative aims to deploy satellite clusters in cislunar space with multiple countries, conducting space environment monitoring, gamma-ray burst detection, and lunar resource exploration. The full deployment is targeted for completion around 2030, filling a global gap in systematic cislunar observations.

TREE NEWS update: Fuhuang Steel Structure announced that as of Sep 3, 2026, 280 of its 411 bank accounts were frozen, with frozen balances totaling RMB 104 million, representing 68.13% of accounts and 63.92% of total balances. The company’s shares will halt trading on Sep 7 and resume on Sep 8 under the ‘ST Fuhuang’ designation due to other risk warnings.

TREE NEWS reports: Fuda Alloy (603045.SH) fell sharply on Sept 4, touching the daily limit-down before closing at 49.98 yuan, down 9.04%. The company attributed the drop to multiple factors, noting its controlling shareholder’s reduction plan is being executed as previously disclosed. It also said silver, a raw material, is stocked in advance, and price fluctuations could impact inventory and earnings.

TREE NEWS update: OpenReserve Holdings has received preliminary approval from the Office of the Comptroller of the Currency (OCC) to establish a national bank focused on onchain settlement. The approval follows a $25 million seed round backed by Andreessen Horowitz.

TREE NEWS update: On September 4, Chinese Vice Premier Ding Xuexiang attended the opening of the 8th China-Russia Energy Business Forum in Vladivostok, Russia, where he read a congratulatory letter from President Xi Jinping and delivered remarks. The forum highlights ongoing bilateral energy cooperation between the two countries.

TREE NEWS update: China’s Ministry of Water Resources reported that latest drone imagery shows normal water flow in the upper and lower reaches of the former Purupeqiangzangbu barrier lake in Gyirong, Tibet, and in Nepal’s Cuojian River impact crater. Of 14 previously surveyed glacial lakes, 9 slightly shrank and 5 slightly expanded, with overall stability. A small landslide downstream has minimal impact on the river channel.

TREE NEWS reports: Bitcoin surged past $81,000 on September 4, up 4% in 24 hours, as Fed rate-hike expectations eased, Treasury yields fell, and ETF inflows returned. Ether rebounded to near $2,500. Spot Bitcoin ETFs saw about $277 million in net inflows Thursday. Fed Governor Waller’s cautious stance cut September hike odds to roughly 48%.