Flash News

TREE NEWS reports: US sector ETFs opened mostly lower on Thursday, with the regional banks ETF down 1% and the banking and utilities ETFs each down nearly 1%. The broad declines came in early trading as the main industry funds tracked the market’s opening moves.

TREE NEWS reports: US stocks opened mixed, with the Dow down 0.1%, the S&P 500 up 0.1% and the Nasdaq up 0.4%. On Holding rose about 2% after reports that French footballer Kylian Mbappe signed with the Swiss sportswear brand, a blow to Nike. Netflix fell about 7% after Wells Fargo downgraded the stock to underweight from neutral and cut its price target to $57 from $80.

TREE NEWS reports: The S&P 500 opened 19.41 points higher, up 0.25% at 7,657.17. The Dow Jones Industrial Average opened up 48.74 points, or 0.09%, at 51,826.78, while the Nasdaq Composite opened up 103.79 points, or 0.39%, at 26,522.09.

TREE NEWS reports: Bank of Japan Governor said he does not rule out consecutive interest-rate hikes, aiming to pre-emptively contain inflation, with the Middle East, AI and exchange rates cited as key variables. The remarks came as Nasdaq futures rose 0.6% on a tech rebound, the yen came under pressure, Brent crude fell 2%, gold neared $4,400 and the onshore and offshore yuan both strengthened past 6.7.

TREE NEWS update: ON Semiconductor has issued a new price increase notice covering a broad range of product lines, with the new prices taking effect on October 10, 2026. The company said the adjustment is driven by continued rises in raw material, manufacturing, energy and infrastructure costs, following an earlier round of price changes in the first half of this year. Demand is growing across power, industrial and data center markets, and ON Semiconductor is further investing in manufacturing capacity, technology and operational resilience.

TREE NEWS update: Ruijie Networks’ board approved a plan to issue convertible bonds to unspecified investors, raising no more than RMB 2.6 billion before issuance expenses. The proceeds will fund R&D and industrialization of high-speed interconnect network systems for large-scale intelligent computing clusters, high-speed network switching units and integrated solutions for high-density computing clusters, next-generation computing-network convergence technology, and working capital.

TREE NEWS update: Chinese-listed Baiwang Co. said shareholders approved the appointment of Chen Hang, former CEO of Alibaba’s DingTalk, as a non-executive director with a 100% affirmative vote at an extraordinary general meeting on September 17. Chen, who goes by the name Wuzhao, will be paid an annual salary of RMB 100,000 and will not receive additional director allowances or subsidies for attending meetings.

TREE NEWS reports: On Holding shares rose more than 7% in US premarket trading while Nike fell over 1% after reports that French footballer Kylian Mbappé has signed with On, a move described as a blow to Nike. The reported signing marks a high-profile endorsement win for the Swiss sportswear brand.

TREE NEWS update: Andeli announced it signed three asset purchase agreements on September 18 with related parties and Ningbo Yongqiang Technology to acquire a 62.0611% stake for RMB 793 million in cash, completing audit and valuation work on the deal. The company’s ninth board of directors held its twelfth meeting and approved the related resolution, which does not require shareholder approval.

TREE NEWS reports: Netflix shares dropped more than 3% in US pre-market trading after Wells Fargo downgraded the stock to Underweight from Neutral and cut its price target to $57 from $80. The downgrade is the sole driver cited for the move in pre-market trade.

TREE NEWS update: Shengu Group issued a risk warning after its shares posted outsized gains, closing at 20.80 yuan on September 17, 2026, up 373.80% that day, and at 57.77 yuan on September 18, 2026, up 177.74%. The company said the cumulative rise is significant and its valuation now deviates markedly from industry peers, flagging the risk of a sharp correction following the rapid advance.

TREE NEWS update: Aihua Group said it plans to issue A-shares to specific investors to raise no more than RMB1.88 billion. Proceeds, net of issuance costs, will fund an integrated high-end capacitor capacity expansion project and working capital. The expansion project carries a total investment of RMB1.507 billion, with RMB1.5 billion of the raised funds allocated to it; RMB380 million will go to working capital.

TREE NEWS update: GalaxyCore announced on September 18 a plan to issue A-shares to specific investors, raising no more than RMB4.2 billion before fees. Proceeds will fund a 12-inch CIS integrated circuit specialty process expansion project, a high-performance high-pixel image sensor R&D and industrialization project, and working capital supplementation.

TREE NEWS update: CATL bought back 1,512,610 A-shares on the Shenzhen Stock Exchange on September 18, 2026, at prices between RMB 300.89 and RMB 302.63 per share, for a total outlay of RMB 456,361,160.73. The repurchased shares are intended for cancellation rather than being held as treasury stock.

TREE NEWS update: The Shanghai Stock Exchange said it took self-regulatory measures, including suspending account trading, against investors behind abnormal trading in newly listed Shengu Group, whose shares have swung sharply since its September 17 debut. Between September 14 and 18 the exchange applied measures to 50 cases of abnormal trading such as ramping and spoofing orders, put Longban Media and other volatile stocks under close monitoring, and referred two suspected violations to the CSRC.

TREE NEWS reports: BlackRock’s US equity ETF head Jay Jacobs said bitcoin volatility has compressed from about 80 to 35-40, a shift he calls structural as ETF and options markets broaden participation. In a podcast aired September 17, 2026, he said physical redemption minimums for IBIT have fallen to roughly $1.5 million, with financialization, not custody safety, driving large holders to convert coins into ETF shares.

TREE NEWS reports: Goldman Sachs strategists led by Ben Snider said concerns about a US corporate “earnings bubble” are overstated, pointing to strong economic prospects and the AI boom. S&P 500 constituents posted roughly 30% profit growth in each of the first two quarters of the year, among the strongest on record, with full-year earnings growth expected to be the highest since the post-pandemic rebound in 2021. The team expects profit growth to slow gradually in coming years rather than collapse.

TREE NEWS update: The Shenzhen Stock Exchange said it took self-regulatory measures against 102 cases of abnormal securities trading during the week of Sept. 14 to Sept. 18, 2026, covering practices such as intraday price ramping and suppression, and false order submissions. The exchange also conducted checks on major matters at eight listed companies during the same period.

TREE NEWS update: Tianfu Communication’s board approved on Sept. 18 the use of up to RMB 8 billion of the company’s and its subsidiaries’ own funds for cash management, buying high-safety, high-liquidity wealth management products. The authorization runs 12 months from the date of shareholder approval, with funds reusable on a rolling basis within the quota. The proposal still requires approval at the company’s third extraordinary shareholders’ meeting of 2026.

TREE NEWS update: The Shanghai Stock Exchange released a 2026 revision of its board secretary compliance guide to all companies listed on its main board, clarifying the role’s duties, qualification requirements and concurrent-post restrictions. Under the new rules, the transition period for adjusting appointments and concurrent posts runs until December 31, 2027, and many listed companies have already completed the changes. The SSE said it will keep guiding orderly adjustments during the transition.