Flash News

TREE NEWS update: China’s Cyberspace Administration and six other agencies jointly issued the Implementation Plan for Promoting Coordinated Digital-Green Transformation (2026-2030). The plan targets that by 2030, AI will deeply empower green technology and industry, compute facilities and 5G base stations will significantly improve energy efficiency, and renewable electricity consumption in key areas like compute will reach provincial responsibility weight levels.

TREE NEWS update: China’s National Financial Regulatory Administration has opened public consultation on a draft amendment to the Insurance Law, proposing to bring insurer shareholders and actual controllers under regulatory oversight. The draft strengthens vetting of major shareholders and controllers, clarifies duties on capital contributions, related-party transactions, and disclosures, and bans equity entrustment and improper interference. It also adds coercive measures and specific penalties targeting shareholders and controllers.

TREE NEWS update: On Sept 4, China’s securities regulator issued draft rules on private fund fundraising supervision, clarifying individual qualified investor criteria: at least two years of investment experience or senior management roles, and household financial assets of at least 5 million yuan, or net household financial assets of 3 million yuan, or average annual income of 500,000 yuan in the past three years.

TREE NEWS update: The China Securities Regulatory Commission (CSRC) has penalized Yuandao Communication Co., Ltd. and its chairman Li Jin, director Wu Zhifeng, and deputy general manager and CFO Cao Yalei for fraudulent issuance and information disclosure violations. Between 2019 and 2022, Yuandao inflated operating revenue by fabricating work confirmation orders, and its securities issuance documents contained major false content, with false records in its 2022 annual report.

TREE NEWS update: China’s securities regulator, the CSRC, issued draft rules on the supervision of private fund offering and custody for public comment. The proposal mandates segregated accounts for fundraising, introduces dedicated oversight institutions, and strengthens internal controls, including compliance, risk management, and financial management, for private fund managers and sales agencies.

TREE NEWS update: Bank of China’s Inner Mongolia branch has issued the region’s first ‘Computing Token Loan’ to enterprises in Horinger New Area, replacing collateral-based credit with assessments of token usage scale, computing cooperation orders, core tech qualifications, and R&D capability. The loan aims to support the token economy, as Hohhot’s computing power industry reaches 150,000 P, including 146,000 P of intelligent computing.

TREE NEWS update: China’s securities regulator, the CSRC, has issued draft rules on supervision of private fund raising for public comment. The draft, containing seven chapters and 45 articles, sets principles of seller responsibility and buyer beware, refines qualified investor standards, and strengthens look-through supervision. It also specifies requirements for fund-raising processes, safekeeping of raised funds, and legal liabilities.

TREE NEWS update: China’s Ministry of Finance and State Taxation Administration have issued the “Measures for Domestic Entities to Withhold and Remit VAT on Natural Persons,” now officially published. The rules establish procedures for domestic units to withhold value-added tax on behalf of individual taxpayers. This regulatory move affects tax compliance for cross-border and domestic transactions involving natural persons.

TREE NEWS update: Changsha’s transport bureau, city management bureau, and traffic police jointly summoned Tianjin Songguo Leasing’s Changsha branch (Songguo Chuxing) on [date not specified]. They ordered the company to clean up and recall all unlicensed shared electric bikes within a set deadline. The action follows regulatory concerns over unlicensed operations in the city.

TREE NEWS update: The Guangdong Securities Regulatory Bureau, in collaboration with the Shenzhen Stock Exchange, recently hosted a ‘Walk into SZSE’ bond business exchange event. The initiative aligns with the 15th Five-Year Plan’s goals to revitalize existing assets, steadily develop asset securitization, and raise the proportion of direct financing. Over 130 representatives from more than 80 entities, including local government state-owned assets and financial departments, bond issuers, and listed companies, attended.

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 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: 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 update: The People’s Bank of China held a party committee meeting, calling for steady deepening of financial reform and opening-up, and further improving financial management and service levels. The central bank emphasized implementing a moderately loose monetary policy, advancing the ‘five major articles’ of finance, and steadily resolving risks in key areas, in line with the 15th Five-Year Plan.

TREE NEWS update: Thailand has suspended 49 data center projects to develop new industry regulations, expected within a month. The government aims to establish unified, clear standards to ensure sustainable development of the sector.

TREE NEWS update: China’s State Administration for Market Regulation (SAMR) unconditionally approved a batch of concentration-of-undertakings cases between Aug 24-30, 2026. The list includes POSCO Holdings’ acquisition of Li Holdco Pty Ltd, a new joint venture between Jingrui Electronic Materials and Sinopec Shanghai Gaoqiao Petrochemical, and AISG Labs’ purchase of INCLOO Technology. Other approvals cover Shandong Jixin’s acquisition of Jiangsu Changlv Aluminum and ConocoPhillips Iraq’s purchase of BP Kirkuk Energy shares.

TREE NEWS update: China’s Foreign Ministry confirmed that 52 Singaporeans are being investigated for alleged pyramid scheme activities in Guangxi. Spokesperson Guo Jiakun said Beijing handles foreign nationals’ criminal cases in accordance with the law and protects their legal rights, referring further questions to competent authorities.

TREE NEWS update: China’s securities regulator has approved Shenyin Wanguo Futures Co., Ltd. to absorb and merge Hongyuan Futures Co., Ltd. The approval, granted by the China Securities Regulatory Commission, clears the way for the consolidation of the two futures firms.