Flash News

TREE NEWS reports: Innovative drug stocks in China came under pressure, with Beijing Hotgen Biotech dropping more than 10%. Wanbang Pharmaceutical, Baihua Pharmaceutical, Qianjin Pharmaceutical, Boji Medical and Norson also fell more than 5% as the sector saw a volatile correction. No specific catalyst for the declines was given in the market data.

TREE NEWS update: SK Hynix’s South Korean union will hold a vote on Sept. 15 and Sept. 16 on a tentative wage agreement. The ballot will decide whether members accept the proposed pay terms. No further details of the agreement were disclosed.

TREE NEWS reports: Chinese A-share gas stocks rallied in a sudden move, with Shuifa Gas hitting the daily limit-up. Kaitian Gas rose more than 7%, while Guizhou Gas, Meineng Energy, Tianhao Energy and Chongqing Gas followed higher. No specific catalyst was cited for the sector-wide advance.

TREE NEWS reports: The Hang Seng Tech Index fell as much as 2% during intraday trading. The decline marked a sharp pullback for the Hong Kong-listed technology gauge during the session.

TREE NEWS reports: The ChiNext Index, China’s growth-enterprise board, dropped more than 1% in trading, with the decline reflecting weakness in the index’s constituent stocks. No further details on the session’s trading volume, individual movers or the specific close were provided. The move marks a pullback for the Shenzhen-listed board.

TREE NEWS reports: China’s A-share shipping sector extended its rally, with Nanjing Port rising by the daily limit for a second straight session. Haitong Development gained nearly 6%, while Guohang Ocean Shipping, China Merchants Energy Shipping and China Merchants South Oil opened higher.

TREE NEWS reports: The Taiwan Stock Exchange weighted index dropped 1% to 46,709.58 points. The decline put the benchmark at that level on the session.

TREE NEWS reports: China’s travel sector extended its rally, with Guilin Tourism sealing a fourth consecutive daily limit-up. Yunnan Tourism, Xiyu Tourism, Zhangjiajie and Shaanxi Tourism opened sharply higher alongside hotel operator Huatian Hotel, as the sector’s gains broadened across listed travel and hospitality names.

TREE NEWS reports: China’s A-share benchmarks opened lower, with the Shanghai Composite at 3,939.09, down 0.31%. The Shenzhen Component fell 0.60% to 13,641.18 and the ChiNext Index dropped 0.91% to 3,324.33. The CSI 300 opened 0.49% lower at 4,550.19, while the CSI 500 and CSI 1000 slipped 0.47% and 0.49% to 7,731.63 and 7,611.52.

TREE NEWS reports: The MSCI Asia-Pacific Index dropped 1% to 279.90. The decline marks a broad pullback across Asia-Pacific equity markets in the session.

TREE NEWS reports: Hong Kong’s Hang Seng Index opened 1.15% lower at 24,985.18 points, while the Hang Seng Tech Index dropped 1.39%. NIO fell more than 4%, with Alibaba, Zijin Mining, Weichai Power and Trip.com Group each down 2%.

TREE NEWS reports: Taiwan’s benchmark TAIEX weighted stock index opened 0.1% lower on Thursday at 47,130.96 points. The modest decline at the open marked a soft start to the session for the island’s equity market.

TREE NEWS reports: FTSE China A50 index futures opened 0.40% lower, extending losses after the previous session’s night trading closed down 0.39%. The early decline in the Singapore-listed futures contract, which tracks the 50 largest A-share companies on the Shanghai and Shenzhen exchanges, points to a soft start for Chinese equities.

TREE NEWS update: Tesla China said on September 7 that orders placed and delivered by September 30 will get a 5,000 yuan cash incentive on all Model 3 inventory and 10,000 yuan on all Model Y inventory. One Tesla experience center locked in more than 20 orders by the afternoon of September 7, with the Model Y Long Range the most-watched model. More than ten automakers have rolled out September purchase incentives.

TREE NEWS reports: The combined margin financing balance on the Shanghai and Shenzhen stock exchanges fell 3.193 billion yuan to 2.611024 trillion yuan as of September 9. The Shanghai Stock Exchange balance stood at 1.337863 trillion yuan, down 2.083 billion yuan from the previous session, while the Shenzhen bourse reported 1.273161 trillion yuan, a decline of 1.110 billion yuan.

TREE NEWS reports: Japan’s Nikkei 225 index extended its intraday decline to 1%, with the drop deepening during the trading session. The move marks a widening of losses for the benchmark Japanese equity gauge.

TREE NEWS reports: Fund half-year reports show that as of end-June, 4,580 actively managed equity funds held by fund company employees totaled over 5.4 billion shares, up 4.95% in product count and 1.67% in holdings from end-2025. Among them, 17 funds, including Southern Cheng’an Youxuan and China Universal Independent Core Tech One-Year A, saw three consecutive years of employee net increases.

TREE NEWS reports: As of end-June, active equity funds with employee holdings totaled 4,580, with combined holdings exceeding 5.4 billion units, up 1.67% from end-2025. Among them, 17 funds, including Southern Chengyou Preferred and China Universal Core Tech One-Year Holding A, saw consecutive annual increases for three years.

TREE NEWS reports: Copper prices surged to fresh records, with LME three-month copper touching $14,779/ton and Shanghai copper futures breaking above 110,000 yuan/ton. Tight concentrate supply, falling inventories and spot tightness underpin gains, while US tariff expectations spur stockpile shifts. Analysts say further upside hinges on Fed policy and US tariff moves.

TREE NEWS reports: Brent crude settled above $100 a barrel for the first time in over a month at $101.21 on Tuesday as Iran attacked a US base and the US struck Iranian tankers, while Trump said the Iran war would end immediately after midterms. US stocks fell for a third day ahead of inflation data, though Meta jumped 6%. The 10-year Treasury yield rose above 4.84%, a high since November 2023, after a tepid debt buyback.