Flash News

TREE NEWS reports: Germany’s seasonally adjusted factory orders surged 13.1% year-on-year in July, exceeding the expected 10.5% and accelerating from a revised 6.5% gain in the previous month. The data signals robust demand for German manufactured goods despite broader economic headwinds. Analysts will watch for sustained strength in coming months.

TREE NEWS reports: A-share retail stocks rallied in the afternoon session, with Baida Group hitting the daily limit, while Ningbo Zhongbai had earlier sealed its limit. Guofang Group, Dongbai Group, Xujiahui, Nanning Department Store and others surged.

TREE NEWS reports: Shenzhen’s ChiNext and Shenzhen Component indices both turned negative in afternoon trading on Monday, while the STAR 50 index extended losses to 1%. The reversal follows a morning session that had seen gains, reflecting renewed selling pressure in Chinese tech and growth stocks.

TREE NEWS reports: Taiwan’s benchmark Taiex index closed 1.5% higher at 46,551.13 points. The gain reflects broad buying across the market, with technology and financial stocks leading the advance. The session’s performance marks a positive day for the island’s equities.

TREE NEWS update: Shanghai Guotou issued the country’s first ultra-long-term sci-tech bond for AI industry chain on the Shanghai Stock Exchange on September 3. The bond, coded ‘沪国投K2’, has a 10-year tenor, raising 3 billion yuan at a coupon rate of 2.02%, with an oversubscription of 3.44 times.

TREE NEWS update: Norway’s sovereign wealth fund proposed reducing government bonds in its $2.3 trillion portfolio, saying lower allocations would provide ample margin for liquidity needs. In a letter to the finance ministry on Tuesday, it suggested cutting the share of government bonds in total bond holdings from 70% to 50%. Analysts estimate this could lead to selling about $80 billion in US Treasuries.

TREE NEWS reports: The South Korean won strengthened to its highest level against the US dollar since July 1, 2025. The currency’s rise reflects ongoing market dynamics, with traders monitoring global economic indicators and regional trade flows. The move comes amid broader shifts in Asian currencies.

TREE NEWS reports: The MSCI Asia Pacific Index climbed 1% to 279.66 points, reflecting broad gains across regional markets. The advance underscores investor optimism in the region.

TREE NEWS reports: Bitcoin’s price relative to gold climbed to 18.17 on Sept. 4, the highest since January, meaning one bitcoin now buys just over 18 ounces of gold. Both assets rose as analysts cite market concerns over governments diluting debt through currency devaluation. U.S. Treasury Secretary Bessent warned of ‘world debt deluge,’ while SkyBridge’s Anthony Scaramucci called the G20 finance ministers’ stance ‘the best bitcoin ad of the year.’

TREE NEWS reports: Beijing’s new home sales rose 10.3% year-on-year to 3,100 units in August, while existing home sales climbed 4.1% to 13,700 units. The gains follow a package of easing policies effective Aug 8, including relaxed purchase curbs and higher housing fund loan limits. Existing home sales have now exceeded 13,000 units for six consecutive months.

TREE NEWS update: Zhu Zhongming has been appointed vice mayor and acting mayor of Shanghai. The appointment was reported by The Paper. Zhu previously served in senior roles, and his new position takes effect immediately. This marks a significant leadership change for China’s largest city.

TREE NEWS update: Beijing’s Shunyi district has issued the development plan for the Capital Airport Economic Zone for the 2026-2030 period. The plan outlines a “1+4” industrial system centered on aviation services, supported by healthcare, airport-related smart manufacturing, logistics and trade, and business consumption. The goal is to build a leading airport economy zone and an international aviation hub city.

TREE NEWS update: The UK Health Security Agency said on the 3rd that Aedes aegypti mosquitoes and larvae were discovered in a residential area in east London, marking the first time the invasive species has been found breeding in the country. Authorities have stepped up monitoring and trapping efforts.

TREE NEWS reports: South Korea’s Seoul Composite Index (KOSPI) rose 2% intraday on Thursday, extending its rally amid broad market gains. The advance was driven by tech and battery shares, with investors shrugging off global trade concerns. Further details on the index’s composition and individual stock movers were not immediately available.

TREE NEWS reports: China’s ChiNext index pared gains to close up 0.43%, while consumer and agricultural stocks strengthened. Hong Kong’s Hang Seng rose 2.1% at midday and the Hang Seng Tech Index gained 2.5%, with MINIMAX jumping over 10% intraday. The PBOC conducted zero reverse repo operations on Friday, net draining ¥1.4115 trillion from the market this week.

TREE NEWS update: Today’s focus includes Germany’s July factory orders at 14:00 Beijing time, followed by speeches from Bank of England Governor Andrew Bailey at 16:50 and ECB Chief Economist Philip Lane at 17:00. At 20:30, the US releases August nonfarm payrolls (employment, unemployment rate, average hourly earnings) and Canada’s August employment report. OPEC+ monthly meeting is scheduled for Sunday.

TREE NEWS update: On September 4, China’s State Administration for Market Regulation (SAMR) published a second batch of seven enforcement cases targeting obstacles to fair enterprise market access and independent operation. The cases span healthcare, energy, funeral services, waste removal, and internet services. They mainly involve discriminatory entry conditions creating regional barriers, exclusive cooperation agreements, and delays in implementing policy adjustments.

TREE NEWS update: China’s power battery recycling industry standards guide is under development and expected to be released this year. The guide covers green low-carbon, collection and sorting, and material regeneration aspects, including energy saving, carbon reduction, verification and accounting, and green design.

TREE NEWS update: On September 4, Voyah Automobile Technology Co., Ltd. Chairman Lu Fang announced that the pre-sale of the Voyah Dreamer 9 will not have an offline launch event, breaking industry convention for major product releases. He said the decision was made after careful team discussion, adding, “What we stopped is not the launch event, but redundant marketing hype.” Lu called on industry peers to avoid marketing involution and focus on product quality and innovation.

TREE NEWS reports: Norway’s sovereign wealth fund, the world’s largest, may reduce its holdings of US Treasuries by approximately $80 billion. The potential move reflects growing concerns over US fiscal policy and could have significant implications for global bond markets.