Flash News

TREE NEWS reports: The S&P 500 opened 45.05 points higher, up 0.59% at 7,636.75. The Dow Jones Industrial Average rose 140.36 points, or 0.27%, to 52,204.46, while the Nasdaq Composite gained 207.69 points, or 0.80%, to 26,289.41 at the open.

TREE NEWS update: AMEC’s chairman and general manager Yin Zhiyao and six other directors and senior executives completed a share reduction plan, selling a combined 310,000 shares, or 0.0322% of total share capital, for about 110 million yuan. Yin alone sold 137,400 shares, or 0.0143% of total capital, worth 53.71 million yuan.

TREE NEWS reports: All three major US stock index futures rose more than 1% on the day. Spot silver also climbed 2.5% intraday to $65.16 an ounce. No further details were provided in the market update.

TREE NEWS reports: Nasdaq 100 index futures extended their advance to 1%. The move marks a pickup in equity-index futures buying, with the tech-heavy contract’s gain widening over the session. No further details were given.

TREE NEWS reports: Bitcoin ETF investors withdrew $449 million over three days, with ARK 21Shares accounting for $164 million of Thursday’s redemptions. Ether and Solana funds also recorded net outflows, extending the pullback across major crypto ETF products.

TREE NEWS reports: The US dollar index rose about 20 points to 99.15 after the release of US August CPI data, while spot gold fell more than $40 to $4,298 an ounce. The 10-year Treasury yield climbed to 4.949%. US equity futures slipped, with Nasdaq 100 futures paring gains to 0.5%.

TREE NEWS update: Eight Chinese fund managers — including Southern Asset Management, E Fund, Bosera and GF Fund — filed on September 11 for a CSI Shanghai-Shenzhen-Hong Kong Smart Driving Theme ETF. The index spans the three markets and covers multiple smart-driving segments, giving investors one-product exposure to China’s autonomous-driving industry chain.

TREE NEWS update: The China Securities Regulatory Commission has issued a prior notice of administrative penalty against Shanghai Zhuoran Engineering Technology Co., Ltd. (*ST Zhuoran) over alleged false records in its periodic reports and other financial data. The CSRC said it acted on suspicion of fraudulent financial disclosures by the listed company. The case is part of the regulator’s serious crackdown on serious financial fraud.

TREE NEWS update: Jiuding New Material said in a filing that it is not currently involved in glass substrate or electronic cloth businesses, after recent market attention on those themes. Its aerospace-related product sales have accounted for no more than 1% of annual revenue in recent years, so they will not materially affect operating results.

TREE NEWS reports: Robinhood’s crypto trading volume rose 61% in August from the prior month but remained 38% below a year earlier. Bitstamp accounted for $10.1 billion of the month’s volume, while trading on the Robinhood app itself fell 46% year over year.

TREE NEWS reports: Northeast Securities said in a disclosure that it has been unable to reach Chiba Jewelry’s actual controllers Lin Mingjie and Gao Xiaosong through WeChat groups, phone calls, emails or visits to the company’s office, with the reason unknown. The broker made the contacts during routine supervision. The China Gold Association has responded to the matter.

TREE NEWS reports: Apple’s first foldable phone, the iPhone Duo, unveiled at its autumn launch event, has already seen presale orders close on Dewu at 39,999 yuan — 24,000 yuan, or about 150%, above the 15,999 yuan official starting price, with some merchants bidding as high as 59,999 yuan, 44,000 yuan over the official price, more than a month before official sales begin.

TREE NEWS update: Inspur Information’s board approved a private placement on September 11, 2026, to raise up to RMB 9 billion from no more than 35 specified investors. Proceeds are earmarked for next-generation AI infrastructure for agent-scale applications (RMB 2.6B), liquid-cooled green computing clusters (RMB 1.4B), multi-agent storage-compute fusion technology (RMB 1.4B), high-density computing equipment manufacturing (RMB 0.9B) and working capital (RMB 2.7B). The issuance still requires regulatory approvals.

TREE NEWS update: Youyan Silicon disclosed a plan to acquire 71.89% of Shandong Youyan Aisi and 14.98% of Shandong Youyan Semiconductor through a share issuance plus cash payment and a supporting fundraising, making both wholly owned subsidiaries. The transaction is expected to constitute a major asset restructuring and related-party deal, but not a reverse takeover. The company’s shares will resume trading on September 14, 2026.

TREE NEWS update: CATL announced its first share repurchase on September 11, 2026, buying back 604,300 A-shares through centralized bidding at prices between 330.15 and 331.61 yuan per share. The repurchased shares represent 0.0131% of total share capital, with a total transaction amount of about 200 million yuan, excluding transaction fees.

TREE NEWS update: Sinovatio announced its shares rose more than 20% cumulatively over September 10-11, 2026, closing at 23.51 yuan with a rolling P/E of 494.16x versus the software and IT services sector’s 58.31x. The company said its AI application products, built around the AI WorkForce platform for government and enterprise clients, remain at an early commercialization stage and accounted for no more than 2% of first-half 2026 revenue. Concerted-action shareholders Guangdong Hongtu, Nanjing Hongtu, Kunshan Hongtu and Zhengzhou Bairui cut a combined 1.698 million shares, or 0.9944% of total shares, with the reduction plan still underway.

TREE NEWS update: Hongchang Electronics plans a private placement to raise no more than RMB1.8 billion, earmarked for a Zhuhai Hongren project producing 13.2 million high-end copper-clad laminate sheets and 31.2 million meters of prepreg annually, a Wuxi Hongren 9.6-million-meter intelligent green prepreg upgrade, an advanced packaging film (GBF) project, and working capital.

TREE NEWS update: Hongqiao Holdings plans to acquire 100% of Yunnan Hongqiao New Energy and 100% of Yunnan Xinchuang through its wholly owned subsidiary Yunnan Hongqiao New Materials for a combined RMB 2.05 billion in cash. The target companies own grid-connected photovoltaic power projects with a total rated installed capacity of 2,527.82 MW.

TREE NEWS update: Zhipu plans to place about 21.97 million H shares at HK$714 per share. The Chinese AI company’s Hong Kong-listed stock placement would raise roughly HK$15.7 billion based on the stated price and share count. No further terms of the deal were disclosed in the filing.

TREE NEWS reports: Zhipu plans to place approximately 21.97 million H shares at HK$714 each. Based on the offered price and share count, this Hong Kong-listed share placement by the Chinese AI company would raise about HK$15.7 billion. The filing does not disclose further terms of the transaction.