Flash News

TREE NEWS update: General Motors will roll out a new in-vehicle infotainment system starting later this year on its redesigned Chevrolet Silverado and GMC Sierra pickups. The automaker is aiming to improve how drivers use GM’s own software alongside third-party systems from Apple and Google, after past driver-facing interfaces caused problems. Vehicles are becoming increasingly digitized, but their software interfaces have drawn complaints.

TREE NEWS update: Altera has confidentially filed for an initial public offering. The filing, submitted under confidential review, keeps the company’s financial details and offering terms out of public view for now. No pricing, share count, valuation or listing venue was disclosed, and no timeline for the offering was given.

TREE NEWS reports: S&P 500 and Nasdaq 100 futures both turned positive, with Dow futures nearing positive territory. Crude fell about $1 intraday, with Brent reversing to a loss after earlier gaining 2%; WTI pared its gain to 0.3% at $101.67 a barrel. Spot silver rose 1.0% on the day to $63.9 an ounce.

TREE NEWS reports: The 10-year US Treasury yield broke above 5% for the first time since 2007, triggering a global bond market selloff that pushed Japanese and South Korean equities lower and lifted Brent crude nearly 2%. The Nikkei 225 closed down 0.01%, the Shanghai Composite fell 0.54% and Hong Kong’s Hang Seng dropped 1%. Goldman Sachs warned momentum trades have seen their widest divergence in five years, with capital rotating out of chips into software.

TREE NEWS update: Xingyun Technology’s board approved raising its 2026 budget for server equipment and components by RMB 13 billion, bringing total planned procurement for the year to no more than RMB 20 billion, up from a prior cap of RMB 7 billion. The company said the purchases support its AI computing power and cross-border digital trade businesses, and the proposal still requires shareholder approval.

TREE NEWS update: Huaci Ceramics issued a clarification notice after market rumors about its MLCC powder, zirconia business, a Wuxi semiconductor precision ceramics seminar and a Vietnam plant going into production. The company said zirconia powder sold to Chaozhou Three-Circle remains in small-batch validation and has not entered large-scale supply. Its ceramic new materials segment posted 6.64 million yuan in first-half 2026 revenue, 1.15% of total revenue, with limited contribution to overall results.

TREE NEWS update: Seres announced on the evening of Sept. 15 that it repurchased 1.54 million ordinary shares on the Shanghai Stock Exchange on Sept. 15, 2026, representing 0.09% of its existing issued shares, at 45.07-46.10 yuan per share for a total of 70.3129 million yuan. The repurchased shares are intended for cancellation.

TREE NEWS update: Fenghua Advanced Technology said claims circulating on self-media that its high-end MLCC products are rebranded overseas imports are untrue. The Chinese electronic components maker said it has more than 40 years of in-house development, production and sales capability for high-end products, has steadily raised R&D spending, and is increasing the share of high-end products. It urged investors to verify information and not trust rumors from unofficial channels.

TREE NEWS reports: Wells Fargo lowered its year-end target for the S&P 500 to 7,700 from 7,950, and downgraded tech stocks to neutral from overweight. The bank raised healthcare equities to overweight. The revised outlook was published in a research note on the index and sector allocations.

TREE NEWS update: BNP Paribas initiated coverage of Muyuan Foods Group’s A-shares with an Outperform rating. The move marks the French bank’s first known rating on the Chinese pork producer’s mainland-listed stock. No price target was disclosed in the material.

TREE NEWS update: Caesar Tourism announced that its wholly owned subsidiary Caesar Cultural Industry paid RMB 26.95 million under a performance services contract but then lost contact with the counterparty, prompting a contract fraud report to police that has now been formally opened for investigation. The company said the matter remains under investigation and could hurt current and future profits, adding it has launched an internal review and is cooperating to recover the funds.

TREE NEWS update: DeFi Development Corp bought another 55,491 SOL and opened a $300 million at-the-market program for its preferred stock, dubbed CHAD, to fund further SOL purchases. The move extends a three-week run of capital markets activity by the Solana treasury firm.

TREE NEWS update: Meitu (1357.HK) said founder, chairman and CEO Wu Xinhong bought 1 million of the company’s shares on September 15, 2026 at an average price of HK$3.899 each. The announcement states Wu has no plan to sell down his holding.

TREE NEWS update: Chinese listed company Hong Sheng Co. said its closing price rose by a cumulative 20% deviation over three consecutive trading days. The company stated that revenue from its data-center liquid cooling business currently accounts for less than 4% of total revenue, does not materially affect performance, and that the business faces future uncertainty.

TREE NEWS reports: UBS strategists led by Bhanu Baweja said the AI-driven equity rally is broadening rather than fading, as AI-related spending increasingly converts into earnings across industrials, healthcare, utilities and financials. They favor keeping AI exposure while adding protection against underpriced macro risks, and forecast the S&P 500 at 8,100 by end-2026 — about 6% above Monday’s close — and 8,900 in 2027. The Stoxx Europe 600 is seen at 690 by end-2026 and 760 a year later.

TREE NEWS update: Shenghe Resources repurchased 1.5673 million shares on Sept 15, 2026 in its first buyback via centralized bidding, equal to 0.0894% of total share capital. The shares were bought at 21.14 to 21.30 yuan each, for a total transaction value of 33.357 million yuan.

TREE NEWS reports: A Bank of America survey shows optimism around risk assets is fading as investors worry about disorderly bond yield rises and the US midterm election results. A net 49% of fund managers are now overweight global equities, down from 56% last month. Respondents named disorderly bond yields the biggest tail risk to markets, while cash holdings rose to 3.9% of portfolios — still low enough to trigger a “sell signal” for risk assets, strategist Michael Hartnett wrote.

TREE NEWS update: Lingyi iTech said its foldable-screen component projects are progressing smoothly, with mass-production ramp-up and customer deliveries proceeding as planned in the third and fourth quarters. The company supplies a key customer with core precision parts for a new-generation device, including hinge structural components, screen support plates, ultra-thin vapor chambers and flanged ultra-thin stainless steel battery shell modules, at several times the per-unit value of a bar-type phone. Per-unit value on other new models for the same key customer also rose versus the prior generation.

TREE NEWS update: Tencent Holdings bought back 229,000 of its own shares on September 15 for HK$100.6 million, the company disclosed. The repurchase is part of the Chinese tech giant’s ongoing share buyback program.

TREE NEWS reports: Ark Invest sold about $14 million worth of Circle shares and trimmed its Coinbase position as crypto-related stocks rallied, the Cathie Wood-led firm’s latest portfolio adjustment. Ark routinely adds to and cuts its crypto stock holdings throughout the year. The moves were disclosed alongside the rally in crypto equities.