Flash News

TREE NEWS update: China’s National Financial Regulatory Administration (NFRA) has issued draft measures on information disclosure for banks and insurance institutions, now open for public comment. The rules require these institutions to disclose details of financial products and services, including standard names, product types, transaction structures, rights and obligations, income distribution, fees, innovative designs, and risk levels, in accordance with laws and regulations.

TREE NEWS update: GAC Group announced on Sept 4 that its vehicle sales from January to August totaled 1.0126 million units, maintaining positive year-on-year growth. New energy vehicle sales surged 63.06% to 368,200 units, while energy-saving vehicles grew 3.30% to 288,700 units. Consequently, the combined share of NEV and energy-saving vehicles reached 64.86%, up over 14 percentage points.

TREE NEWS update: China’s Cyberspace Administration and six other ministries issued a plan to promote digital and green transformation, encouraging the use of virtual reality, artificial intelligence, and other digital intelligence technologies to innovate consumption models. The plan supports sharing economies, virtual home renovation and fitting rooms, and expands supply of AI terminals, smart wearables, green appliances, and new energy vehicles. It also promotes green e-commerce packaging and establishes green electricity consumption certification mechanisms.

TREE NEWS update: SoFi and Payward, Kraken’s parent, announced a deal linking banking rails to crypto markets with 24/7 settlement. Payward will join SoFi’s round-the-clock dollar settlement network and list SoFiUSD on Kraken, while SoFi taps Kraken Prime for crypto liquidity.

TREE NEWS update: Seven Chinese government departments, including the Cyberspace Administration, issued a plan to promote green development of communication base stations from 2026-2030. The plan mandates using low-power chips and efficient power amplifiers, introducing liquid cooling and natural cold sources, and deploying centralized radio access network architectures to cut energy use.

TREE NEWS update: Coinbase filed notice registrations with the SEC this week to list perpetual futures on individual US stocks. The exchange said CFTC approval is the next step before offering single-stock perps to domestic customers. The move would expand its derivatives offerings beyond crypto assets.

TREE NEWS update: China’s Cyberspace Administration and six other departments issued a plan to promote green digitalization, proposing exploration of 800V high-voltage DC power supply architecture for computing facilities and deployment of cabinets exceeding 100kW. The plan also supports liquid cooling, waste heat recovery, and AI-driven energy efficiency management.

TREE NEWS update: Polymarket has gone live with perpetual contracts offering traders up to 20x leverage, including never-expiring contracts on Brent and WTI crude oil trading offshore. Meanwhile, rival Kalshi is preparing a CFTC filing for a US-regulated version of similar products.

TREE NEWS reports: Bitcoin climbed about 4% to reclaim $80,000, with major tokens also gaining, after Fed Governor Christopher Waller signaled he could support holding rates steady this month. Traders responded by cutting September rate-hike odds to a coin flip.

TREE NEWS update: China’s Cyberspace Administration and six other agencies jointly issued the Implementation Plan for Promoting Coordinated Digital-Green Transformation (2026-2030). The plan targets that by 2030, AI will deeply empower green technology and industry, compute facilities and 5G base stations will significantly improve energy efficiency, and renewable electricity consumption in key areas like compute will reach provincial responsibility weight levels.

TREE NEWS update: Kioxia plans to deploy CXL modules designed for AI workloads to speed up NAND flash processing and substitute for some DRAM. At a recent technical briefing, the company said the modules can cut data read times to under one-tenth of conventional products, approaching DRAM performance. Replacing part of DRAM with CXL modules could double capacity and boost performance by 30%.

TREE NEWS update: The Shanghai Stock Exchange said this week it is closely monitoring stocks with large price fluctuations, including Aili Home. The exchange’s statement aims to curb excessive speculation and maintain market order.

TREE NEWS update: Samsung Electronics has partnered with Arm to jointly develop next-generation on-device AI system-on-chip (SoC) solutions. Arm approved one-time engineering fees in late August to launch the project, with Arm providing core technology and Samsung integrating it for customized chips aimed at end customers.

TREE NEWS reports: Federal Reserve Governor Christopher Waller signaled support for holding rates steady unless inflation data surprises, boosting markets on Sept. 3. The Dow rose 1.08%, Nasdaq 1.2%, and S&P 500 1.04%, with Tesla and Oracle gaining over 4%. Gold, silver, and bitcoin also climbed, but AI hardware lagged. Next week’s CPI data is now the key variable.

TREE NEWS update: Japan’s finance ministry reported on Sept 4 that government ministries’ budget requests for fiscal 2027 total 143.0656 trillion yen (about 6.1374 trillion yuan), a record high and significantly up from the current fiscal year’s 122 trillion yen.

TREE NEWS update: China’s National Financial Regulatory Administration has opened public consultation on a draft amendment to the Insurance Law, proposing to bring insurer shareholders and actual controllers under regulatory oversight. The draft strengthens vetting of major shareholders and controllers, clarifies duties on capital contributions, related-party transactions, and disclosures, and bans equity entrustment and improper interference. It also adds coercive measures and specific penalties targeting shareholders and controllers.

TREE NEWS reports: The US dollar strengthened 0.50% against the Japanese yen during intraday trading, reaching 156.58. The move reflects continued dollar momentum amid market focus on interest rate differentials and upcoming central bank actions.

TREE NEWS update: On Sept 4, China’s securities regulator issued draft rules on private fund fundraising supervision, clarifying individual qualified investor criteria: at least two years of investment experience or senior management roles, and household financial assets of at least 5 million yuan, or net household financial assets of 3 million yuan, or average annual income of 500,000 yuan in the past three years.