Flash News

TREE NEWS update: CanSino Biologics said it is developing mRNA preventive vaccines and therapeutic biologics along with related delivery systems, in a filing after its Shanghai STAR Market shares rose more than 30% in cumulative deviation over three consecutive trading days on Sept. 28, 29 and 30, 2026. The company said it noted recent market interest in mRNA technology and overseas releases or planned disclosures of interim clinical data for mRNA cancer vaccines.

TREE NEWS update: UBS Securities announced that Xu Bin will become the firm’s general manager and convener of its management committee meetings, while continuing as head of securities research. With shareholder approval, Xu will also serve as the company’s legal representative, effective Oct 1. Incumbent general manager Chen An will step down from his roles, with a further appointment to be announced separately.

TREE NEWS reports: Over the past month, the combined average daily trading volume of Strategy’s MSTR and STRC was 1.3 times that of JPMorgan’s JPM and its largest preferred shares JPM-PJ combined. The comparison places the Bitcoin-linked securities’ trading activity above that of one of the largest US banks.

TREE NEWS update: Robinhood is preparing to launch 10x crypto perpetual futures for US traders, routing orders through Bitstamp at 0.01% per trade through year-end. The brokerage also unveiled AI trading agents in its app and plans weekend stock trading, pending regulatory review.

TREE NEWS update: Dongyangguang’s controlling shareholder and its concert parties plan to jointly increase their holdings in the company by 600 million to 1.2 billion yuan. The move covers shares of the Chinese listed company. No timetable or further terms were given in the announcement.

TREE NEWS update: Apple will make a major push into the smart home market on October 13. The date marks the company’s planned entry into the connected-home sector. No further details on products or pricing were disclosed.

TREE NEWS update: Jiangling Motors Corporation (JMC) announced on Sept. 29 that Ding Wenmin has replaced Zhong Junhua as the company’s party secretary and first executive vice president. Ding will assist the president in managing overall operations and directly oversee product R&D and IT. Zeng Fafa was appointed executive vice president and member of the executive committee, taking charge of sales.

TREE NEWS reports: Bitcoin ETFs have stretched their inflow streak to $3.1 billion, while Ether ETFs shed $3 million on Tuesday after seven straight days of inflows. The shift came after Zcash funds saw an $8 million outflow at the start of the week.

TREE NEWS update: China Merchants Bank said its board received a resignation letter from non-executive director Shi Dai, who is stepping down from the board and from its strategy and sustainable development committee due to a change in work arrangements. The resignation takes effect on September 30, 2026, the bank said in a filing.

TREE NEWS update: Huaxia Bank said its board received a written resignation from deputy president Tang Yiming, who stepped down for work-related reasons. The resignation takes effect on September 30, 2026, the bank said in a filing.

TREE NEWS update: The Shanghai Stock Exchange said it took self-regulatory measures against 132 cases of abnormal securities trading, including price ramping, suppression and false order declarations, during the September 21-30, 2026 period. The exchange placed funds trading at elevated premiums, including the Global Chip LOF, under focused monitoring, and conducted special reviews of 37 major corporate matters. No specific issuers or funds were named beyond the Global Chip LOF.

TREE NEWS update: Western Region Gold said its wholly owned subsidiary Xinjiang Meisheng has temporarily suspended ore processing for about 45 days to adjust monitoring facilities and build a drainage system for phases two and three of its tailings pond. The unit posted 2025 revenue of 1.688 billion yuan and net profit of 176 million yuan, 38.07% of the parent’s net profit. A restart date is not yet certain.

TREE NEWS update: Montage Technology bought back 1.178 million A-shares in September 2026 through centralized bidding, or 0.10% of total share capital, at prices between RMB 184.14 and RMB 200.58 per share, paying about RMB 227 million. As of Sept. 30, 2026, cumulative repurchases reached 2.088 million shares, 0.17% of total capital, at RMB 184.14 to RMB 210.00, for roughly RMB 410 million. The repurchase price cap was cut to RMB 332.51 from RMB 332.90 on July 29, 2026.

TREE NEWS update: Shengmei Shanghai said its order backlog reached 17.073 billion yuan as of September 29, 2026, up 88.20% year on year. The backlog covers equipment already delivered but not yet recognized as revenue under Chinese accounting standards, plus equipment scheduled for future delivery. The figures are unaudited.

TREE NEWS reports: TSMC is evaluating a potential investment in Texas to expand its US chip capacity, two people familiar with the matter said. The move would come on top of the $265 billion the chipmaker has already committed to Arizona. No figure or timeline for the Texas assessment was disclosed.

TREE NEWS update: Aoni Electronics said its wholly owned subsidiary Aoni Intelligent signed a purchase contract with Company C to buy GPU computing card products for a total of RMB 1.821 billion including tax. The contract takes effect on the date both parties sign and affix their seals, the company said in a filing.

TREE NEWS reports: Meta classified its AI data centers as experimental to qualify for tax breaks, a study shows. The tax treatment of the data centers helped Meta save about $4 billion. The company has been building out AI infrastructure at scale, and the classification affected how the facilities were taxed.

TREE NEWS update: Zhongji Innolight said it completed the transfer registration on Sept. 29, 2026, for a 10.47% stake in Sinoma Science & Technology. The company acquired 31.3725 million shares from controlling shareholders Wu Xiaoning, Ye Lu and HANWU for a total consideration of 1.747 billion yuan. Following the transaction, Zhongji Innolight holds 10.47% of Sinoma Science.

TREE NEWS update: Antai Technology said on an investor interaction platform that it has not yet formed any order business in the commercial space sector. The company added that if any related matter later meets disclosure thresholds, it will promptly fulfill its information disclosure obligations in accordance with regulatory requirements, and that relevant information should be based on its periodic reports and interim announcements.

TREE NEWS reports: Hong Kong stocks closed higher, with the Hang Seng Index up 0.37% and the Hang Seng Tech Index up 0.1%. CanSino Biologics gained more than 17% and Hengrui Pharmaceuticals rose over 10%. Large-model shares rebounded, with Zhipu up more than 4% and MINIMAX up more than 3%.