Flash News

TREE NEWS reports: The ChiNext Index pared its decline to less than 1% after earlier falling more than 2%, while the Shanghai Composite Index rose 0.2%. The intraday recovery narrowed losses on the growth-focused board as the benchmark Shanghai gauge held modest gains.

TREE NEWS reports: China’s National Bureau of Statistics said consumption accounted for 46.7% of economic growth in the first three quarters of the year. The figure, released as part of the bureau’s quarterly data, measures consumption’s contribution to GDP growth over the January-to-September period. No further breakdown was provided in the initial release.

TREE NEWS update: China’s gross domestic product expanded 4.6% year-on-year in the first three quarters of 2025, with total output exceeding 107 trillion yuan, the National Bureau of Statistics said. NBS spokesman and deputy director Mao Shengyong said the pace is in line with the full-year growth target, noting third-quarter growth rose 0.2 percentage points from the second quarter and the nine-month increment of 5.7 trillion yuan was the largest in five years.

TREE NEWS reports: The MMLC battery-grade lithium carbonate midpoint price rose 1,250 yuan to 102,750 yuan per ton in early trading, compared with 16:30 the previous day. The figure tracks the benchmark Chinese spot price for the key battery material.

TREE NEWS reports: Japan’s Nikkei 225 fell 1.2% by the morning session close, while the broader Topix index declined 0.4%. The morning loss left the benchmark lower at the midday break, with the drop concentrated in the Nikkei.

TREE NEWS update: Xinjiang issued 31.1 billion yuan ($4.3 billion) in local government bonds across five tenors, with the 10-year general bond priced at a 1.7100% yield on 11.2100 billion yuan. The 30-year special bond, the largest tranche at 14.1500 billion yuan, carried a 2.1900% yield. The 10-year bond drew a marginal bid-to-cover of 4.16 times against an expected 1.71, signaling strong demand.

TREE NEWS reports: The ChiNext Index and the STAR 50 Index each dropped more than 2%, with computing hardware, semiconductor chips, agriculture and real estate among the worst-performing sectors. More than 4,200 stocks fell across the Shanghai, Shenzhen and Beijing markets.

TREE NEWS reports: China’s National Bureau of Statistics reported that above-designated-size industrial natural gas output in September was 21 billion cubic meters, down 1.0% year on year, with average daily output of 700 million cubic meters. For January through September, output totaled 196.7 billion cubic meters, up 0.9% from a year earlier.

TREE NEWS reports: China’s above-scale industrial crude oil output reached 18.21 million tonnes in September, up 2.2% year on year, with the growth rate 1.4 percentage points faster than August, the National Bureau of Statistics said. Daily output averaged 607,000 tonnes. For January-September, output totaled 164.6 million tonnes, up 1.0%. September crude processing fell 8.4% to 57.48 million tonnes, while the nine-month total declined 6.8% to 513.6 million tonnes.

TREE NEWS reports: Indonesia’s benchmark stock index extended its decline on Tuesday, dropping 5% intraday to its lowest level since 2020. The yield on Indonesia’s 10-year government bond rose 12 basis points to its highest in four months, signaling pressure across the country’s financial markets.

TREE NEWS reports: China’s above-scale industrial power generation totaled 829.4 billion kWh in September, down 1.2% from a year earlier, the National Bureau of Statistics said, with average daily output at 27.65 billion kWh. For January through September, generation reached 7,491.6 billion kWh, up 2.2% year on year.

TREE NEWS reports: China’s nationwide per-capita disposable income reached 34,230 yuan in the first three quarters of the year, up 5.3% year on year in nominal terms and 4.4% in real terms after adjusting for prices, the National Bureau of Statistics reported. Urban residents’ per-capita disposable income was 44,945 yuan, up 4.5% nominally and 3.6% in real terms, while rural residents’ income was 18,809 yuan, up 6.3% nominally and 5.6% in real terms.

TREE NEWS reports: China’s nationwide urban surveyed unemployment rate stood at 5.2% in September, down 0.1 percentage point from the previous month, the National Bureau of Statistics said. The average for the first three quarters was also 5.2%, unchanged from a year earlier. The rate in 31 major cities was 5.2%, and the average weekly working time of enterprise employees was 48.3 hours.

TREE NEWS reports: China’s real estate development investment fell 20.6% year-on-year to 5.34 trillion yuan ($533.64 billion) in the first nine months of the year, official data showed. New home sales by floor area dropped 13.2% to 564.83 million square meters, while sales value declined 13.9% to 5.38 trillion yuan. Resale transactions bucked the trend, with floor area up 10.7% to 617.46 million square meters.

TREE NEWS reports: China’s industrial value added above designated size rose 5.3% year on year in the January-September period, unchanged from the prior reading, official data showed. The figure tracks growth across the country’s large industrial enterprises over the first nine months of the year. No further breakdown was given in the release.

TREE NEWS reports: China’s retail sales of consumer goods rose 1.1% year-on-year in September, accelerating from a 0.4% increase in the previous month. The pickup marks a modest improvement in consumer spending in the world’s second-largest economy.

TREE NEWS reports: China’s urban fixed-asset investment fell 7.2% year-on-year in the January-September period, matching the prior reading of -7.2%, official data showed. The figure covers investment in fixed assets across urban areas for the first nine months of the year.

TREE NEWS reports: The New Taiwan dollar weakened to its lowest level against the US dollar since April 2025. The move marks a fresh multi-month low for the currency, with the pair extending its decline.

TREE NEWS update: China’s National Bureau of Statistics is scheduled to publish third-quarter and first-three-quarter GDP figures at 10:00 Beijing time, alongside retail sales, industrial output above designated size, urban fixed-asset investment and real estate development investment. The State Council Information Office will hold a press conference on national economic performance the same day.

TREE NEWS update: Gulf region oil shipments have recovered to 80% of their pre-conflict level, US Energy Secretary Wright said. He said refined product supply from the region remains insufficient and that diesel and jet fuel flows out of the Gulf are being increased. Wright added that he has been negotiating with European allies on diesel reserves, which they have been slow and cautious to release, and that energy prices will start to fall steadily.