Flash News

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.

TREE NEWS update: The China Securities Regulatory Commission (CSRC) has penalized Yuandao Communication Co., Ltd. and its chairman Li Jin, director Wu Zhifeng, and deputy general manager and CFO Cao Yalei for fraudulent issuance and information disclosure violations. Between 2019 and 2022, Yuandao inflated operating revenue by fabricating work confirmation orders, and its securities issuance documents contained major false content, with false records in its 2022 annual report.

TREE NEWS update: Chinese regulators jointly issued guidelines capping personal housing loan terms at 40 years and loan amounts at the property’s appraised value. However, bankers noted that prepayments remain high and demand for new mortgages is weak, predicting few new customers will apply for 40-year loans.

TREE NEWS update: Guangzhou Futures Exchange announced plans to add Inner Mongolia and Gansu as delivery regions for industrial silicon futures. The exchange is now soliciting designated delivery warehouses in these areas, effective upon announcement of the new warehouses. The move aims to adapt to industry changes and enhance futures market functionality.

TREE NEWS update: Bank of England Governor Andrew Bailey said Federal Reserve Chair Kevin Warsh is correct that forward guidance carries risks. Central bankers should avoid issuing unconditional guidance, Bailey added, endorsing Warsh’s caution on the policy tool.

TREE NEWS reports: JPMorgan reduced its stake in Zhongji Innolight’s H shares to 13.67% on August 31, down from 15.59%. The adjustment reflects a decrease in the bank’s holdings in the optical module maker.

TREE NEWS update: China’s securities regulator, the CSRC, issued draft rules on the supervision of private fund offering and custody for public comment. The proposal mandates segregated accounts for fundraising, introduces dedicated oversight institutions, and strengthens internal controls, including compliance, risk management, and financial management, for private fund managers and sales agencies.

TREE NEWS update: Bank of China’s Inner Mongolia branch has issued the region’s first ‘Computing Token Loan’ to enterprises in Horinger New Area, replacing collateral-based credit with assessments of token usage scale, computing cooperation orders, core tech qualifications, and R&D capability. The loan aims to support the token economy, as Hohhot’s computing power industry reaches 150,000 P, including 146,000 P of intelligent computing.

TREE NEWS update: Chinese Premier Li Qiang signed a State Council decree announcing the revised Regulations on Emergency Response and Investigation of Electric Power Safety Accidents, effective January 1, 2027. The new regulation contains 38 articles, with key revisions outlined in the decree. The update aims to strengthen safety protocols and accountability in the power sector.

TREE NEWS update: China’s securities regulator, the CSRC, has issued draft rules on supervision of private fund raising for public comment. The draft, containing seven chapters and 45 articles, sets principles of seller responsibility and buyer beware, refines qualified investor standards, and strengthens look-through supervision. It also specifies requirements for fund-raising processes, safekeeping of raised funds, and legal liabilities.

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: The People’s Bank of China announced it will conduct a 500 billion yuan outright reverse repo operation on September 7, 2026, using fixed quantity, interest rate bidding, and multiple-price auction methods. The operation will have a term of 3 months (89 days), maturing on December 5, 2026.

TREE NEWS reports: Eurozone retail sales dropped 0.6% month-on-month in July, missing expectations of a 0.2% rise, after a revised 0.3% decline in June. The data signals weakening consumer demand in the bloc.

TREE NEWS update: The second China-Cambodia public-private dialogue mechanism meeting was held in Phnom Penh on September 3, attended by Cambodian Deputy Prime Minister Sun Chanthol, Chinese Ambassador Wang Wenbin, and over 70 officials from 20-plus Cambodian ministries, along with representatives from 70 Chinese enterprises. The meeting aimed to foster cooperation between the two countries’ public and private sectors.

TREE NEWS update: Sichuan and Shandong provinces have unveiled new policies to loosen restrictions on government investment funds. Sichuan’s 20 measures remove return-to-local investment ratios and registration requirements for venture capital funds, allow up to 100% losses on single projects, and extend fund durations to 20 years. Shandong’s 16 measures grant exemptions for managers who act diligently but miss expected returns, avoiding single-project or single-year performance assessments.

TREE NEWS update: Solar energy company announced it received 856 million yuan in renewable energy subsidies in August 2026, including 797 million yuan from national sources. From January 1 to August 31, 2026, total subsidies reached 2.442 billion yuan, up 5.3% year-on-year, with national subsidies at 2.322 billion yuan, up 3.11%.