Flash News

TREE NEWS update: Tencent, the largest external shareholder of Suiyuan Technology, stands to gain over 12.6 billion yuan as the AI chip maker launches its IPO on the STAR Market. Tencent subscribed to 1.7471 million shares in the strategic placement for 248 million yuan and holds a 20.26% stake post-IPO.

TREE NEWS reports: Nouriel Roubini, known as ‘Dr. Doom’, said technology spending is the biggest factor pushing up yields. He does not believe artificial intelligence is a bubble. Roubini expects employment data to remain normal, with a slowdown driven by supply shortages. Japan is undergoing structural economic transformation, and the yen may strengthen in the medium term.

TREE NEWS update: On September 4, sources close to Chagee said founder, chairman and CEO Zhang Junjie’s business registration change is a routine corporate move, unrelated to business or organizational restructuring. The clarification follows public filings showing alterations to Zhang’s registration details.

TREE NEWS update: Missouri’s Supreme Court ruled unanimously on Tuesday that the Republican-drawn congressional map cannot be used in this year’s elections, sending the issue to voters in November. The decision could help Democrats retain a House seat. President Trump and state Republicans oppose the ruling.

TREE NEWS update: The US Department of Defense on the 2nd issued guidance mandating testosterone testing for male service members aged 30 and above, citing readiness. The directive was swiftly withdrawn after medical experts questioned its scientific basis. An official said on the 3rd that the Pentagon would ‘update’ the document.

TREE NEWS update: Tesla shares dropped 1.7% in premarket trading on Tuesday after the company officially launched its Cybercab robotaxi service in Austin, Texas. The deployment marks a key step in Tesla’s autonomous driving ambitions, though the market reaction was negative.

TREE NEWS reports: Hong Kong stocks closed higher on [date not specified], with the Hang Seng Index gaining 1.74% and the Hang Seng Tech Index rising 2.27%. Tech stocks mostly advanced, with Lenovo surging over 6% and SenseTime up over 5%. However, Shein fell over 9% and Hua Hong Semiconductor dropped over 8%.

TREE NEWS update: Chinese Vice Premier Ding Xuexiang and Russian Deputy Prime Minister Alexander Novak co-chaired the 23rd meeting of the China-Russia Energy Cooperation Committee in Vladivostok on April 4. The meeting focused on bilateral energy cooperation, underscoring the ongoing strategic partnership between the two nations in the energy sector.

TREE NEWS update: China’s Ministry of Education announced at a press conference that the country has 18.7 million teachers. The 42nd Teacher Day, themed “Promoting the Spirit of Educators, Building Respect for Teachers,” will be celebrated. The ministry expanded the National Excellent Teacher Program to attract more top universities, and the first cohort of 9,300 graduates from the Excellent Teacher Plan are now teaching in underdeveloped counties and western border regions.

TREE NEWS update: China will implement a “National Action for Teacher Development” and pilot National Excellent Teacher Academies, the Ministry of Education announced at a press conference. The plan includes an “AI + Teacher Development” initiative, integrating AI into teacher training via the national smart education platform, aiming to boost teacher professional growth and mark the 42nd Teacher’s Day celebrations.

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 reports: The London Metal Exchange reported daily inventory changes: copper stocks fell 475 tonnes, zinc rose 1,675 tonnes, lead declined 4,850 tonnes, aluminum decreased 1,450 tonnes, tin increased 25 tonnes, and nickel was unchanged. These shifts reflect ongoing supply-demand adjustments in base metals.

TREE NEWS reports: Lululemon shares fell over 18% in premarket trading after the athletic apparel maker lowered its full-year profit and sales outlook. The company cited a slower start to the year and softer consumer demand. Separately, Adobe shares declined 3% following the announcement of a CEO change.

TREE NEWS reports: Italy’s retail sales rose 0.8% year-on-year in July, down sharply from the previous month’s 3.1% growth. The figure indicates a notable slowdown in consumer spending. No further details were provided.

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: Su Wanhua, a member of the Chinese Academy of Engineering and professor at Tianjin University, died on September 4, 2026, in Tianjin at age 85. The renowned internal combustion engine expert passed away after illness.

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 reports: GME, a meme coin on Robinhood Chain, briefly reached a market cap of $15 million before settling around $13 million, surging over 260x intraday. Named after GameStop’s ticker, the token is dubbed ‘Greatest Meme Ever,’ riding the ‘stock token + meme coin’ trend on Robinhood Chain, with community speculation of an AMC-style rally.

TREE NEWS update: Vice Premier Zhang Guoqing attended the opening ceremony of the 32nd APEC Small and Medium Enterprises Ministerial Meeting in Guangzhou on April 4, where he called for joint efforts to implement four global initiatives, foster innovation ecosystems, ensure fair markets, and strengthen regional cooperation to support SME growth across the Asia-Pacific.