Flash News

TREE NEWS update: China’s Ministry of Finance and State Taxation Administration have issued the “Measures for Domestic Entities to Withhold and Remit VAT on Natural Persons,” now officially published. The rules establish procedures for domestic units to withhold value-added tax on behalf of individual taxpayers. This regulatory move affects tax compliance for cross-border and domestic transactions involving natural persons.

TREE NEWS update: Changsha’s transport bureau, city management bureau, and traffic police jointly summoned Tianjin Songguo Leasing’s Changsha branch (Songguo Chuxing) on [date not specified]. They ordered the company to clean up and recall all unlicensed shared electric bikes within a set deadline. The action follows regulatory concerns over unlicensed operations in the city.

TREE NEWS update: The Guangdong Securities Regulatory Bureau, in collaboration with the Shenzhen Stock Exchange, recently hosted a ‘Walk into SZSE’ bond business exchange event. The initiative aligns with the 15th Five-Year Plan’s goals to revitalize existing assets, steadily develop asset securitization, and raise the proportion of direct financing. Over 130 representatives from more than 80 entities, including local government state-owned assets and financial departments, bond issuers, and listed companies, attended.

TREE NEWS update: Binance announced it will add Monitoring Tags to AVA, GNS, SCR, and TOWNS on September 4, 2026. These tokens may exhibit higher volatility and risk compared to other listed tokens and could be delisted if they no longer meet listing standards. Binance will periodically review projects and decide on tag additions or removals based on the latest findings.

TREE NEWS update: At a press conference on September 4, China’s Ministry of Education announced plans to standardize procedures for handling complaints involving teachers, ensure access to legal consultation and aid, and promptly clear teachers of unfounded accusations. The ministry will take a zero-tolerance stance against fabricated reports and malicious defamation, cooperating with relevant departments to pursue legal action against offenders.

TREE NEWS update: Morgan Stanley has filed Digital Millennium Copyright Act complaints against at least 16 X accounts that posted screenshots from its research reports, leading to at least one account being temporarily locked. The complaints were revealed in documents provided by Ryan Detrick, chief market strategist at Carson Group Holdings LLC.

TREE NEWS update: The People’s Bank of China held a party committee meeting, calling for steady deepening of financial reform and opening-up, and further improving financial management and service levels. The central bank emphasized implementing a moderately loose monetary policy, advancing the ‘five major articles’ of finance, and steadily resolving risks in key areas, in line with the 15th Five-Year Plan.

TREE NEWS update: Thailand has suspended 49 data center projects to develop new industry regulations, expected within a month. The government aims to establish unified, clear standards to ensure sustainable development of the sector.

TREE NEWS update: China’s State Administration for Market Regulation (SAMR) unconditionally approved a batch of concentration-of-undertakings cases between Aug 24-30, 2026. The list includes POSCO Holdings’ acquisition of Li Holdco Pty Ltd, a new joint venture between Jingrui Electronic Materials and Sinopec Shanghai Gaoqiao Petrochemical, and AISG Labs’ purchase of INCLOO Technology. Other approvals cover Shandong Jixin’s acquisition of Jiangsu Changlv Aluminum and ConocoPhillips Iraq’s purchase of BP Kirkuk Energy shares.

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 securities regulator has approved Shenyin Wanguo Futures Co., Ltd. to absorb and merge Hongyuan Futures Co., Ltd. The approval, granted by the China Securities Regulatory Commission, clears the way for the consolidation of the two futures firms.

TREE NEWS update: China’s Ministry of Industry and Information Technology issued the AI SME Entrepreneurship Support Plan (2026-2028), promoting open-source entrepreneurship. It supports the national AI open-source community AtomGit and encourages AI startups to contribute open-source models, tools, and datasets, fostering an open and collaborative ecosystem.

TREE NEWS update: AMC Entertainment CEO Adam Aron publicly criticized Robinhood’s tokenized stock program on X, calling it “despicable, outrageous, and revolting” for involving shares of AMC and over 190 companies without US securities registration. Aron said AMC is unrelated and will immediately hire outside securities lawyers to investigate. Robinhood’s disclosure notes the tokens are unregistered and restricted from US persons.

TREE NEWS update: The US and UK have formed a joint alliance to combat crypto scam centers, agreeing to parallel investigations and information sharing. Authorities plan a private-sector disruption operation in London in October.

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: Liu Min, chief engineer of China’s State Administration for Market Regulation, said at the 2026 World Power Battery Conference that preventing ‘involution-style’ competition has been incorporated into the comprehensive rectification framework. Jointly with the Ministry of Industry and Information Technology and the National Development and Reform Commission, the administration will continue capacity early-warning regulation, standardize price competition, and strengthen product quality supervision to build a market environment of quality-first, fair competition.

TREE NEWS update: A Chinese court ruled that a virtual currency loan contract is invalid, and the borrower must compensate the lender based on the original cost of the coins. In July 2023, Chang borrowed one virtual coin from Jin, who bought 1.14 coins for 228,200 yuan. The court found the repayment clause giving the lender price appreciation benefits invalid, and ordered compensation of 199,600 yuan per coin.

TREE NEWS update: The IMF and El Salvador reached a staff-level agreement on the second and third reviews under the Extended Fund Facility, unlocking about $140 million pending board approval. The IMF confirmed Chivo wallet has largely exited public use, with ownership and control transferred to private operators, and El Salvador pledged no further bitcoin acquisitions beyond recorded private donations.

TREE NEWS update: China’s National Healthcare Security Administration said 28 provinces and 303 coordinated regions now implement zero personal payments for policy-covered hospital childbirth. Maternity insurance covers 260 million people, with flexible workers included in 22 provinces. In the first seven months, maternity insurance fund spending reached 78.42 billion yuan, benefiting 25.56 million people, and maternity allowances were fully paid directly to individuals.