Flash News

TREE NEWS update: White House Council of Economic Advisers Chair Chris Ferran said the manufacturing boom, driven by nonresidential construction, is real and reflected in data. Capital expenditure and employment figures both corroborate the trend, he stated, underscoring the sector’s resilience.

TREE NEWS update: Shanghai Fourier Semiconductor will be added to the Hang Seng Composite Index, a move that could boost its visibility among investors. The inclusion is effective as of a date not specified in the announcement. This development highlights the growing presence of semiconductor firms in Hong Kong’s benchmark index.

TREE NEWS update: CITIC Securities’ executive director and general manager Zou Yingguang said the company is conducting a comprehensive benchmarking against major international investment banks on its product system. The remarks came at a joint mid-2026 earnings presentation held at the Shanghai Stock Exchange, where Zou also addressed record results and the completion of an H-share private placement.

TREE NEWS reports: Tesla’s stock price extended its decline to 6.3% in the latest trading session. The drop reflects ongoing market volatility and investor concerns. No specific trigger was cited in the brief report.

TREE NEWS update: Shanghai Stock Exchange announced that Manycore Tech (00068.HK) has been added to the Stock Connect under the southbound trading list, effective September 7. The inclusion allows mainland investors to trade the company’s shares via the Hong Kong Stock Connect mechanism.

TREE NEWS reports: Global DRAM market revenue reached $147.024 billion in Q2 2026, up 55.9% quarter-over-quarter, a record high. Server DRAM and HBM sales surged on strong server demand, with ASP growth slowing from triple-digit to 40-50% in Q2. Prices remained firm, driving volume and price gains. Q3 ASP is expected to rise further but at a slower pace as long-term price caps lock in.

TREE NEWS update: White House economic adviser Hassett said the US will observe the impact of current futures prices. The brief statement, reported on Friday, offers no further detail on policy measures. Markets await clarity on the administration’s stance toward commodity and financial futures.

TREE NEWS update: JU ACTIVE founder Huang Haorui said on September 4 that his company had already filed a second-instance appeal in the trademark dispute with lululemon, and that lululemon has also appealed. lululemon had not responded to requests for comment at the time of writing.

TREE NEWS reports: The Philadelphia Semiconductor Index gained 3% on [date not specified], with Seagate Technology surging over 5%, ASML and Micron Technology each rising nearly 4%, and Intel up nearly 3%. The broad rally highlights strength in the semiconductor sector.

TREE NEWS reports: US August nonfarm payrolls added 162,000 jobs, far exceeding expectations, boosting bets on a September Fed rate hike. US stocks opened lower: Nasdaq -0.01%, S&P 500 -0.14%, Dow -0.31%. Tesla fell over 4% despite its Cybercab launch in Austin, while Lululemon plunged 18% on lowered guidance.

TREE NEWS reports: US stocks opened mixed on Tuesday. The S&P 500 edged up 2.48 points (0.03%) to 7,750.19, while the Nasdaq Composite rose 3.84 points (0.01%) to 26,587.90. The Dow Jones Industrial Average slipped 101.22 points (0.19%) to 53,584.89.

TREE NEWS reports: Nick Timiraos said that strong August jobs data removed a key obstacle to a Fed rate hike at the September 15-16 meeting. The report revised July’s negative figure to positive and pushed six-month average hiring to a two-year high, undermining arguments against tightening based on weak labor market.

TREE NEWS reports: The US added 162,000 jobs in August, far exceeding the expected 55,000, with unemployment holding at 4.1%. The strong data boosted market expectations for a September rate hike by the Federal Reserve. Norway’s oil fund may cut its US Treasury holdings by about $80 billion.

TREE NEWS update: On Sept 4, GAC Group and Huawei’s Qiankun launched the Qijing GX7, a mid-to-large five-seat SUV, with presale prices of 249,900-311,900 yuan. The model features three extended-range versions, an 800V architecture, and a claimed combined range over 1,500 km. It debuts with an L3-ready driving architecture and Huawei’s ADS 5 system with four lidars.

TREE NEWS reports: US job growth exceeded expectations in August, with unemployment holding steady, signaling a stronger labor market than previously thought. The report shows resilience amid Iran war uncertainties and inflation pressures. Fed officials may view this as supporting rate hikes, but next week’s CPI data remains key for this month’s policy decision.

TREE NEWS reports: US stock index futures fell after the release of nonfarm payrolls data, with S&P 500 futures down 0.17% and Dow futures down 0.24%. Treasury yields spiked, with the 10-year yield up nearly 2 basis points to 4.794%. Spot gold dropped 1.64% to below $4,400 per ounce, while USD/JPY rose 55 pips to 156.52.

TREE NEWS update: Baidu Group announced that its Class A ordinary shares have been included in the eligible securities under the Shanghai-Hong Kong Stock Connect, effective September 7, 2026. This allows mainland investors to buy Baidu shares directly through the southbound trading channel.

TREE NEWS update: Hong Kong Exchanges and Clearing (HKEX) said IPO fundraising on the Hong Kong market reached HK$342.4 billion in the first eight months of 2024, up 153% from HK$135.1 billion a year earlier. The figures, released in HKEX’s monthly market statistics on September 4, underline a strong rebound in new listings.

TREE NEWS update: BlackRock has appointed Jason Mehring as its chief executive officer. The move takes effect immediately. Mehring previously served in a senior leadership role within the firm. This leadership change comes as BlackRock continues to expand its asset management business.

TREE NEWS update: Xingye Technology said the China Securities Regulatory Commission has decided to open a case against the company for suspected violations of information disclosure laws and regulations. The company made the announcement without further details on the alleged violations.