Flash News

TREE NEWS update: China’s National Development and Reform Commission published a revised Outbound Investment Management Measures on Oct 22, replacing the 2017 rules on overseas investment by enterprises. The new regulation contains 76 articles across six chapters covering general provisions, guidance and services, supervision, protection, legal liability and supplementary rules. It takes effect on Dec 1, 2026, when the 2017 measures are simultaneously repealed.

TREE NEWS reports: The Pentagon has spent months quietly assembling a new elite technology disruption unit, the Technology Support Office (TSO), aimed at covertly interfering with and sabotaging foreign tech programs deemed threats to U.S. military superiority. Information about the office is nearly impossible to find on the Pentagon’s website, and Defense Secretary Hegseth and other senior officials have not publicly mentioned it since its creation in April.

TREE NEWS reports: Nasdaq 100 futures fell 1.8% and S&P 500 futures dropped 1% as AI investment sentiment cooled, with Meta raising capex plans despite beating revenue while Tesla cut spending. Lam Research shares fell more than 7% on weaker-than-expected guidance. Investors are questioning how long large data-center and compute investments will take to pay off, pushing the 10-year Treasury yield down 4 basis points to 5.08% and Brent crude above $112 a barrel.

TREE NEWS update: The Guangzhou Futures Exchange said lithium carbonate prices have seen large recent swings and told member firms to strengthen investor education and risk-prevention work. It urged members to remind investors to participate rationally and trade compliantly to help keep the market running smoothly.

TREE NEWS reports: China’s actual use of foreign capital fell 4.3% year-on-year to 548.81 billion yuan in the first nine months of 2026, the Ministry of Commerce said. The number of newly established foreign-invested enterprises dropped 2.3% over the period to 47,800. In September alone, actual foreign capital use rose 2.5% from a year earlier.

TREE NEWS update: India’s Ministry of External Affairs condemned an attack on civilian infrastructure in Saudi Arabia. The ministry issued the condemnation without specifying the location, timing, or perpetrator of the attack. No further details were provided in the statement.

TREE NEWS reports: Tesla reported FY2026 third-quarter revenue of $28.046 billion, down 0.2% year over year and below the $28.341 billion consensus, while adjusted EPS of $0.48 beat the $0.45 estimate. GAAP net income attributable to common shareholders fell 43% to $787 million, but GAAP gross margin rose to 19.6% and free cash flow swung to positive $1.531 billion from negative $1.092 billion in the prior quarter. Capital expenditure of $4.732 billion came in well below the roughly $7.771 billion expected, and management cut its 2026 capex plan to about $20 billion from over $25 billion.

TREE NEWS update: EU policymakers reached a provisional political agreement to reform the bloc’s securitization market rules, a move expected to free up billions of euros for projects in areas including defense and climate resilience. The new framework lowers banks’ capital requirements for low-risk securitization transactions and reduces administrative burdens on market participants, allowing banks to lend more to households, businesses and infrastructure. The framework still requires finalization and formal approval.

TREE NEWS update: China’s international trade representative and Vice Commerce Minister Li Chenggang met with Mohamed Ali, president and CEO of GE Aerospace’s Commercial Engines and Services division, on Oct. 21. The two sides exchanged views on China-U.S. economic and trade relations, the company’s development in China, and supply chain cooperation in the aviation sector.

TREE NEWS update: Rezaei, secretary of Iran’s Supreme National Security Council, said any action against Iran will come at a cost, adding that Tehran prefers diplomacy if consensus can be reached but retains the means to keep responding if war continues. He said the ongoing situation would have strategic effects, including continued turmoil in energy markets over the next three years, and that Gulf states are rapidly redefining their relations with Iran.

TREE NEWS update: Iran’s Islamic Revolutionary Guard Corps Navy warned it could expand confrontation to US bases in the region if Washington continues to ‘encourage’ vessels to use ‘illegal’ routes through the Strait of Hormuz. The IRGC called the threat a ‘serious warning.’ Maritime incidents are rising as ships continue to use ‘mined routes.’

TREE NEWS update: The Saudi-led coalition said it intercepted a drone in the Riyadh region, the coalition announced. No further details on casualties, damage or the drone’s origin were given. The interception marks the latest reported drone incident over Saudi territory.

TREE NEWS reports: The White House is divided internally over an executive order on housing affordability. No details were given on the content of the order, which officials are backing it or the source of the disagreement. Housing affordability has become a central political issue, but the reported split leaves the timing and shape of any order unclear.

TREE NEWS update: Saudi Aramco is negotiating with foreign governments to use their strategic petroleum reserve facilities, CEO Amin Nasser said, aiming to strengthen supply resilience in the event of disruptions. The talks mark a push by the Saudi state oil company to widen its overseas storage network.

TREE NEWS update: Fullgoal Fund said in an Oct. 22 announcement that it will use 200 million yuan of its own capital to subscribe to its Value Select active ETF, citing confidence in the long-term healthy and stable development of China’s capital market. The subscription is made with the asset manager’s proprietary funds.

TREE NEWS reports: Indonesia is considering issuing another panda bond this year to raise about 10 billion yuan. The planned sale would add to the country’s existing panda bond issuance as it seeks financing in the Chinese onshore market. No timing or terms were disclosed.

TREE NEWS update: Iran warned it could attack US bases if the United States continues escorting ships through the Strait of Hormuz, calling the transits “illegal.” The warning signals the standoff over the waterway could widen the conflict, with Tehran directly linking US naval escorts to potential strikes on American bases.

TREE NEWS update: China Securities Regulatory Commission Chairman Wu Qing and Vice Finance Minister Guo Tingting jointly met US Public Company Accounting Oversight Board Chairman Demetrios Logothetis in Beijing on October 14, 2026. The two sides exchanged views on continuing China-US audit regulatory cooperation and enhancing audit oversight exchanges in capital markets.

TREE NEWS reports: The onshore yuan closed at 6.6727 per dollar at 16:30 Beijing time, 50 pips stronger than the previous official close. The currency also gained 33 pips against the prior overnight session’s close. The figures reflect the official 16:30 fixing used as the daily reference for the onshore market.

TREE NEWS update: Beijing Municipal Party Committee Standing Committee member and Deputy Mayor Xia Linmao is under disciplinary review and supervisory investigation on suspicion of serious violations of party discipline and law, the Central Commission for Discipline Inspection and the National Supervisory Commission said. The announcement did not specify the nature of the alleged violations or give further details.