Flash News

TREE NEWS update: SiEn Integration forecast net profit of about 681 million yuan for the first three quarters of 2026, swinging from a 463 million yuan loss a year earlier. Revenue is expected to reach roughly 7.766 billion yuan, up about 43.23% year on year, driven by business expansion, economies of scale, cost control and technology licensing.

TREE NEWS update: The Shanghai Stock Exchange said it will add Jingwang Electronics and彤程新材 to the list of Hong Kong Stock Connect southbound trading targets, effective from the next southbound trading day. The adjustment expands the roster of Shanghai-listed shares available to mainland investors trading through the Hong Kong link.

TREE NEWS update: Guosheng Securities announced that its wholly owned subsidiary Shenzhen Guosheng Qianhai Investment plans to publicly list a 12.5% stake in Ningbo Plum Angel Investment Management on the Jiangxi Provincial Equity Exchange, with an asking price of RMB 149 million. Following the transfer, the subsidiary will hold no remaining equity in Plum Angel. If sold at the listing floor price, the parent company expects to add RMB 71.12 million to total profit before income tax.

TREE NEWS update: Honor CEO Li Jian said the company will make every effort not to pass the full burden of surging memory and component costs on to users, speaking after the Honor Magic9 series launch event. He said every manufacturer in the industry is under heavy cost pressure and that Honor’s internal demand is to dig deeper internally, cut costs and raise efficiency. Li added that no adjustment at all was not feasible.

TREE NEWS update: Cloud data warehouse company Snowflake will issue $3.5 billion in convertible senior notes. The company disclosed the debt offering without specifying pricing terms or intended use of proceeds. Snowflake is not a crypto or blockchain firm.

TREE NEWS reports: Nvidia shares reversed early losses to trade up 1.3% in US pre-market trading, recovering from a decline of nearly 1%. The move came during the pre-market session ahead of the regular US open.

TREE NEWS reports: The Federal Reserve raised its federal funds rate target range by 25 basis points to 3.75%-4.00% on Sept. 16, and the Nasdaq Composite set a record high on Sept. 22, rising 0.45% that day and 17.22% year to date. Data cited from Creative Planning’s Charlie Bilello show the S&P 500 averaged a 14.9% gain in the 12 months after Fed hikes since 1982, versus 11.2% after cuts.

TREE NEWS update: Nvidia said it is increasing its share repurchase authorization by $150 billion, bringing the total buyback program to $235 billion. The company expects to execute the repurchase plan through fiscal 2028.

TREE NEWS update: Landscape architecture company Yuanlin Group plans to acquire a 93.5% stake in storage chip and module maker Hualanwei, with its shares set to resume trading on September 29. The company disclosed the proposed acquisition and the trading resumption date in a filing.

TREE NEWS update: Huawei’s annual flagships, the Mate 90 and Mate 90 Pro, are now open for pre-order through dealers, with a 200 yuan deposit required to lock an order; all configurations and color options can be reserved. Market speculation had previously suggested the Mate 90 series may carry a new-generation Kirin chip based on the so-called Tau (τ) law.

TREE NEWS update: Zijin Mining said its wholly owned unit Zijin Gold signed a supplementary agreement on September 28, 2026, extending the deadline for satisfying the conditions precedent to its acquisition of about 242 million Chifeng Gold A-shares and the final cutoff for subscribing to roughly 311 million Chifeng Gold H-shares to November 30, 2026, or another date agreed in writing. All other terms of the original agreement remain unchanged, and completion of the transaction is still uncertain.

TREE NEWS update: Demingli’s shareholders approved a 2026 half-year distribution of 15.00 yuan cash per 10 shares plus a 4-for-10 capital reserve share conversion, on a base of 227 million shares. The payout totals 340 million yuan in cash and 90.7371 million new shares, lifting total share capital to 318 million. The record date is Oct. 12, 2026, with ex-dividend trading from Oct. 13.

TREE NEWS update: Fengzhushou announced it signed a compute server procurement agreement worth RMB 3.96 billion (tax included) with Company C, effective upon shareholder approval. It also signed a compute services agreement with Company D worth RMB 5.717 billion (tax included, excluding cabinet fees) covering CPU, memory, GPU, storage and bandwidth, with a 60-month term per batch.

TREE NEWS reports: China’s listed-company association reported that 17 companies completed IPOs across the domestic market in August, raising a combined RMB 22.08 billion, with ChiNext and STAR Market issuers accounting for 61% of proceeds. As of Aug. 31, 2026, the mainland stock market had 5,558 listed companies, including 2,318 on the Shanghai exchange, 2,901 in Shenzhen and 339 in Beijing. No companies were delisted during the month.

TREE NEWS update: The Shanghai Stock Exchange issued a regulatory work letter to Shanghai Xinhua Media Co. over recent share price volatility, the bourse said. The letter names the listed company as its subject and concerns matters related to the stock’s price swings. Xinhua Media’s shares had risen by the daily limit for five consecutive trading sessions.

TREE NEWS update: Tesla management plans to raise wages at its Berlin-Brandenburg Gigafactory by an average of 4% to 5% starting October 1, the company said. The automaker will also introduce performance-linked pay for some employees in Germany. No further details on the number of workers affected or the size of the performance component were given.

TREE NEWS update: Zhongji Innolight announced a 2026 interim A-share dividend of 12 yuan per 10 shares, totaling 1.331 billion yuan (pre-tax), based on 1.110 billion A-shares excluding repurchased shares. The record date is October 9, 2026, with the ex-dividend date set for October 12, 2026.

TREE NEWS update: Zhongji Holding released a pledge on 2.6 million shares of Zhongji Innolight with Minsheng Bank on Sept. 24, 2026, the company said. The release covers 2.14% of Zhongji Holding’s stake and 0.22% of total share capital. As of the announcement date, Zhongji Holding and its concert parties had 728,000 shares still pledged, or 0.38% of its holding and 0.06% of total equity.

TREE NEWS update: The Shanghai Stock Exchange and China Securities Index Co. will officially launch the SSE Photovoltaic STAR Leading Index on October 9, 2026, providing the market with a broader range of investable products. The index selects 40 photovoltaic companies listed on the STAR Market and SSE Main Board with high R&D levels and strong growth, while increasing the weight of STAR Market constituents to reflect the sector’s overall performance.

TREE NEWS update: Bohai Leasing said its subsidiary Avolon’s unit plans to sell 33 aircraft leasing assets with attached leases to LAC Ireland1 for about $1.609 billion, or roughly RMB 10.924 billion. The company said the deal will help optimize its aircraft asset structure and keep its leasing fleet younger, with closing expected by March 31, 2027.