Flash News

TREE NEWS reports: A wallet identified by on-chain analyst Ai Yi turned $1,138 into a profit of $964,000 within six hours by buying the new token MEME at $0.0001112. The address still holds 88.5% of its position, ranking second in profit among MEME holders.

TREE NEWS reports: JPMorgan reiterated its Overweight rating on Nvidia with a $320 price target after meeting with the company’s investor relations team. Analyst Harlan Sur noted that supply, not demand, is the key constraint, with management suggesting business could double if supply limits were lifted. Nvidia guided to ~70% YoY growth in fiscal 2028, but Sur sees potentially stronger growth given customer demand.

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: US retail diesel prices rose to an all-time high. The average price at the pump reached a new record level, surpassing previous peaks. The increase reflects ongoing supply constraints and strong demand, adding to concerns over inflation and transportation costs.

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: Cuba’s government on May 3 introduced a batch of new policies to further reduce restrictions on foreign investment, foreign trade and tourism, expanding operating space for foreign-funded, joint-venture and private enterprises. The measures aim to boost economic openness.

TREE NEWS update: After nearly eight years of flight, the BepiColombo spacecraft detached from its propulsion module on the 3rd, heading toward Mercury orbit, with arrival expected in November. The European Space Agency received confirmation at 21:53 Beijing time, ending a tense two-hour wait at the control center in Darmstadt, Germany, where cheers erupted.

TREE NEWS update: China will develop friendly relations with all countries, including Nicaragua, on the basis of mutual respect and win-win cooperation, Foreign Ministry spokesman Guo Jiakun said at a regular press briefing on Wednesday. He reiterated China’s adherence to non-interference in internal affairs and respect for each country’s right to choose its own development path.

TREE NEWS reports: Emmanuel Sharef, who runs PIMCO’s flagship 60/40 balanced income and growth fund, is betting the next AI winners won’t be crowded US tech giants, shifting toward Asian equipment suppliers and Chinese financial and healthcare stocks. He cites rising debt burdens and uncertain earnings outlooks among many large US tech firms as spending soars.

TREE NEWS update: Chinese AI firm Zhipu opened an official flagship store on Tmall, sparking a 50-fold surge in brand searches within 48 hours. The launch also drove a 160% week-on-week increase in sales of AI token subscription products on Taobao and Tmall.

TREE NEWS update: China’s Foreign Ministry said it has no information on a possible joint statement with the US on agriculture and related non-tariff barriers, after US Trade Representative Jamieson Greer suggested Thursday such a statement could be forthcoming. Spokesperson Guo Jiakun said Beijing and Washington should jointly implement the consensus reached by their heads of state to maintain stable trade relations.

TREE NEWS update: US President Donald Trump said on September 3 that Britain is ‘on the brink of disaster’ due to its immigration and energy problems. He avoided taking a clear stance on the Falklands sovereignty dispute and again criticized the UK’s role in the Iran conflict. Trump reaffirmed his ‘love’ for the UK but said Prime Minister Burnham’s government has serious issues to address, warning that if immigration is not stopped, Britain will ‘cease to exist.’

TREE NEWS update: China’s foreign ministry spokesperson Guo Jiakun defended recent missile tests amid criticism from Pacific island leaders over insufficient notice. Emphasizing China’s commitment to peaceful development and defensive defense policy, Guo stated China never engages in military expansion and expressed willingness to cooperate with South Pacific nations for regional peace and stability.

TREE NEWS reports: China’s treasury futures closed mixed on Friday, with the 30-year main contract flat, the 10-year down 0.05%, the 5-year down 0.06%, and the 2-year down 0.02%. The moves reflect steady demand for long-dated bonds amid ongoing monetary easing expectations.

TREE NEWS update: China’s National Development and Reform Commission has allocated an additional 100 million yuan to support Fujian province in post-typhoon disaster recovery. The funding aims to bolster emergency restoration efforts following the recent typhoon damage. The announcement was made via Xinhua News Agency.

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 Defense Ministry spokesman Jiang Bin dismissed Taiwan’s 2026 military report as misleading, saying it is an excuse by the DPP to sell war anxiety and pursue independence by force. He reiterated that any attempt to seek independence through military means is doomed to fail.

TREE NEWS update: China will send personnel to Russia to participate in the ASEAN Defense Ministers’ Meeting-Plus humanitarian demining expert group field exercise. The announcement was made on Wednesday, detailing the deployment for the multinational training event.

TREE NEWS update: China’s Ministry of Natural Resources has officially launched authorized operations for satellite navigation and positioning base station network service data, marking the first time national BeiDou base station data is shared openly with society. The move aims to facilitate compliant circulation of public data and unlock the economic value of spatiotemporal data elements for key industries and market entities.