Flash News

TREE NEWS reports: China’s nationwide lottery sales reached 67.389 billion yuan ($9.3 billion) in September, up 144.57 billion yuan or 27.3% year on year, the Ministry of Finance said. The gain was driven mainly by continued World Cup-related momentum in sports betting products. Sports lottery sales rose 43.2% to 50.82 billion yuan, while welfare lottery sales fell 5.0% to 16.569 billion yuan.

TREE NEWS update: Agricultural Bank of China Chairman Gu Shu met with Institute of International Finance President and CEO Tim Adams on October 19. Gu outlined the bank’s overall operations and said it will use the IIF’s global financial-industry platform to deepen international cooperation. Adams briefed on the IIF’s autumn meeting outcomes and offered more support for exchanges among ABC and global peers. The two also discussed global macroeconomics and artificial intelligence.

TREE NEWS reports: China’s smartphone shipments fell 10% year over year in the third quarter of 2026, Counterpoint Research data show, as memory prices stayed elevated and supply tightened. Huawei and Apple together accounted for 40.8% of shipments, up sharply from a year earlier, indicating that strong premium positioning yields clear share gains during a memory cost-inflation cycle.

TREE NEWS update: China’s Ministry of Commerce will implement optimized and adjusted export control measures on drone-related items starting November 18, following an announcement issued October 19 jointly with relevant departments under the Export Control Law. The ministry said it firmly opposes the use of drones for non-peaceful purposes in violation of rules, while firmly supporting Chinese companies’ international trade and cooperation in civilian drone applications. Relevant countries and regions with established export-control dialogue mechanisms with China were notified in advance.

TREE NEWS reports: Bitcoin broke above $83,000 on October 19, trading at $83,036.60 per coin. The move marks a 2.29% gain within the day.

TREE NEWS update: SpaceX said it is currently targeting a Falcon 9 launch no earlier than October 20. The company did not specify the mission, payload or launch site in the statement. No further details on the schedule were provided.

TREE NEWS reports: Goldman Sachs strategists led by Ben Snider said a reversal in market momentum could benefit US consumer stocks that have lagged, as low market breadth raises the risk of trend reversal. The team recommended defensive names including Tyson Foods and Kroger, citing their low share-price volatility and high free-cash-flow yields relative to peers. The strategists warned that unusually narrow market breadth is increasing momentum exposure risk, with concentration still near its highest since the dot-com era.

TREE NEWS update: China’s Foreign Ministry said its “four principles” carry important practical guiding significance for addressing hotspot issues in Africa, state broadcaster CCTV reported. The ministry did not specify which principles or which conflicts the remarks referred to. No further details were given.

TREE NEWS update: China’s Foreign Ministry said on October 19 it has no information to provide on a reported proposal by Russian President Vladimir Putin to meet with the Chinese and US heads of state next month to discuss ending the Ukraine crisis. Spokesperson Mao Ning declined to say whether Beijing supports such a meeting. The remarks came at a regular press briefing in response to a question on the reported proposal.

TREE NEWS reports: China’s treasury futures closed mixed on the latest trading session, with the 30-year main contract falling 0.22%. The 10-year main contract slipped 0.01%, the 5-year main contract was flat at 0.00%, and the 2-year main contract ended unchanged at 0.00%.

TREE NEWS reports: European benchmark natural gas futures rose as much as 2% on Monday morning to their highest level since December 2022, extending last week’s gains. The move followed a report received by the UK Maritime Trade Operations office that an LNG tanker was attacked near Yemen on Saturday, heightening concerns over Middle East supply and a fragile winter supply-demand balance amid low storage levels.

TREE NEWS update: Two Chinese government departments published optimized and adjusted export control measures covering dredger-related items. The notice gave no further detail on the scope of the changes or the items affected. It was not immediately clear when the adjusted measures take effect.

TREE NEWS update: China’s Ministry of Commerce and the General Administration of Customs said they will further optimize the handling of queries and identification procedures for export controls on dual-use items. The two agencies announced the move in a joint statement, without providing a timeline or further details on the changes. Dual-use items are goods, technologies and materials that can serve both civilian and military purposes.

TREE NEWS update: China’s Ministry of Commerce and General Administration of Customs announced export controls on tunneling machines, walking excavators and plateau-type wet shotcrete machines, citing national security and interests. The decision, approved by the State Council, was issued under the Export Control Law, Foreign Trade Law, Customs Law and dual-use export control regulations. The controls cover related items in all three equipment categories.

TREE NEWS reports: France’s CAC 40 index dropped 1% at the start of trading on Tuesday. The decline marks a weak opening for the benchmark French equity gauge, with no immediate catalyst cited for the move. The CAC 40 tracks the 40 largest companies listed on Euronext Paris.

TREE NEWS update: China’s Ministry of Commerce, General Administration of Customs and the Central Military Commission Equipment Development Department issued Announcement No. 49 of 2026, adjusting export control measures on certain unmanned aircraft-related items to safeguard national security and interests. Items meeting specified characteristics may not be exported without a license, and exporters must apply to the State Council’s commerce department under relevant regulations. The measures take effect on Nov. 18, 2026.

TREE NEWS reports: Trading on the Shanghai and Shenzhen stock exchanges totaled 1.437512 trillion yuan ($197 bln) on Oct 19. Shanghai contributed 687.010 billion yuan and Shenzhen 750.502 billion yuan, while the ChiNext board accounted for 358.375 billion yuan of the day’s turnover.

TREE NEWS update: The Agricultural Development Bank of China issued a 3-year bond of 5 billion yuan at a yield of 1.3502%, below the expected 1.4000%, with a bid-to-cover ratio of 8.54 times and a marginal ratio of 3.03 times. It also issued a 10-year bond of 4 billion yuan at a yield of 1.6838%, below the expected 1.7000%, with a bid-to-cover ratio of 9.56 times and a marginal ratio of 3.81 times.

TREE NEWS reports: The Shanghai Composite closed up 0.39% on a low-open, high-close session, while the ChiNext Index fell 0.94% after recovering from earlier lows. Robot-concept stocks rallied broadly, with more than ten names including Ningbo Dongli and Zhejiang Rongtai hitting the daily limit and Unitree Technology jumping over 16%. Banking stocks extended gains, with ICBC and China Construction Bank both setting record highs, as total turnover across the three exchanges reached nearly 1.45 trillion yuan.

TREE NEWS reports: The Euro Stoxx 50 opened 0.4% lower on Monday, while Germany’s DAX fell 0.3% and France’s CAC 40 dropped 0.8%. The UK’s FTSE 100 bucked the trend, opening 0.1% higher.