Flash News

TREE NEWS update: Wanjia Fund announced on Sept 9 that it will lower the large-purchase limit on its Nasdaq 100 index funds (A and C classes) to 100 yuan per day, effective Sept 10. This comes just one day after the fund had raised the limit to 5,000 yuan on Sept 9. The move highlights continued investor interest in Nasdaq 100 products.

TREE NEWS reports: US equities posted their sixth-largest weekly inflow since 2008 last week, the biggest since mid-July. Strategist Jill Carey Hall said institutional and hedge fund clients drove the buying, marking a second straight week of net purchases, with flows into individual stocks and equity ETFs.

TREE NEWS reports: SK Hynix’s US-listed shares expanded their intraday gain to 4%. The move comes amid continued strength in memory chip demand tied to AI applications. No further details were provided.

TREE NEWS reports: At the US market open, major sector ETFs were mixed, with consumer staples, banking, and regional banking ETFs each falling over 1%, while energy ETFs rose over 1%.

TREE NEWS reports: US stocks opened mixed on Monday, with the Dow down 0.4%, S&P 500 down 0.2%, and Nasdaq down 0.4%. Meta shares rose about 6%, their biggest gain since August 3, after the company launched a personal AI agent called Muse. Dow Chemical gained about 2% on reports it may exit a $20B chemical JV with Saudi Aramco.

TREE NEWS reports: US stocks opened lower on Friday. The S&P 500 fell 12.84 points, or 0.17%, to 7,660.68. The Dow Jones Industrial Average dropped 78.17 points, or 0.15%, to 52,707.90. The Nasdaq Composite declined 96.35 points, or 0.36%, to 26,325.06.

TREE NEWS update: Amazon is set to raise £4.25 billion ($5.8 billion) from its first sterling bond sale, a four-part offering that was upsized despite slightly lower demand. Orders exceeded £11.65 billion, down from over £12 billion earlier. Pricing tightened, with the 3-year tranche at Gilts plus 53 basis points and the longest at plus 93 bps. This marks Amazon’s fourth bond sale outside the dollar market this year.

TREE NEWS update: Lyft has named Michael Brous as its new chief financial officer. Brous, who previously served as CFO of StubHub, will oversee Lyft’s finance organization. The appointment is effective immediately.

TREE NEWS update: Shenzhen Fastprint Tech said in a stock-move notice that its AI server-related PCB revenue will not exceed 10% of total revenue in 2025 and the first half of 2026, with limited impact on current performance. The company clarified it has no business relationship with Huawei’s Mate XT2 or Kirin 9050 Pro chip, and its PTFE-based PCBs target communications, not high-speed servers.

TREE NEWS reports: UK and European government bonds extended losses on Wednesday, led by short-dated maturities, as higher oil and gas prices pressured fixed income. The 10-year gilt yield rose 5 bps to 5.23%, while the German 10-year yield climbed as much as 5 bps to 3.42%. Traders increased bets on rate hikes, pricing 36 bps of tightening by the Bank of England by year-end and 51 bps by the ECB. Brent crude topped $100 a barrel for the first time since July.

TREE NEWS update: Bank of America said Wednesday it successfully completed a real-time pilot transaction using its proprietary dollar-pegged stablecoin USBDC. As stablecoin adoption expands, lenders are racing to build blockchain-based payment networks.

TREE NEWS update: Barclays lifted its year-end target for the S&P 500 to 7,950 from 7,800 on Wednesday, citing a strong earnings season led by tech firms. The revised target implies about 3.6% upside from recent levels. The brokerage expects the index to reach 8,800 by end-2027 and raised its 2026 EPS forecast to $365 from $337, citing AI investment and robust economic activity.

TREE NEWS update: Strategists at RBC Capital Markets, led by Lori Calvasina, warn that the risk of a US stock market correction of up to 10% is rising as midterm elections approach and seasonal weakness emerges. They note that the S&P 500 has declined in September in eight of the past ten years. The midterm election cycle could increase volatility in AI trading, while the Iran conflict remains a headwind. Concerns about inflation and interest rates are overshadowing recent improvements in consumer confidence.

TREE NEWS reports: RBC Capital Markets strategists led by Lori Calvasina warned that the risk of a US stock market pullback of up to 10% is rising as midterm elections approach and seasonal weakness sets in. They noted that the S&P 500 declined in September in five of the past ten years. The midterm cycle could increase AI-trading volatility, while the Iran conflict remains a headwind. Concerns over inflation and rates are overshadowing recent consumer confidence improvements.

TREE NEWS reports: The pan-European Stoxx 600 index extended its decline to 1.5% on Thursday, marking its largest one-day drop in two months. The sell-off reflects broad risk aversion across European equities.

TREE NEWS update: Uber is raising €4.5 billion ($5.2 billion) through its first-ever euro-denominated bond, split into five fixed-rate tranches with maturities from three to 20 years. Investor orders exceeded €21 billion, allowing pricing to tighten from initial guidance. The shortest tranche priced at 45 basis points over mid-swaps, and the longest at 170 basis points.

TREE NEWS update: Bilibili has completed a $500 million principal amount notes offering due 2031, alongside a concurrent repurchase of approximately $100 million of its Class Z ordinary shares. The transactions were announced by the company.

TREE NEWS update: Renesas Electronics, a power semiconductor maker, has announced a price adjustment effective January 1, 2027. The move follows a previous price increase announced in March and effective July 1 this year. The company cites structural cost increases in raw materials, energy, advanced packaging, manufacturing capacity, and global logistics.

TREE NEWS update: Enflame Tech announced its shares will list on the Shanghai Stock Exchange’s STAR Market on September 11, 2026, at an offer price of 142.18 yuan per share. The company projects revenue of 2.3-3.0 billion yuan for the first nine months of 2026, up 325.78%-455.36% year-on-year.

TREE NEWS update: Shenzhen Kaifa Technology announced that its wholly-owned subsidiary Peidun Technology will invest a total of 1.85 billion yuan to expand its high-end memory chip packaging and testing capacity. The project includes 1.22 billion yuan for a new plant with 90,000 wafers/month traditional packaging and 10,000 wafers/month 2.5D advanced packaging capacity, plus 630 million yuan for a 2.5D/3DS advanced packaging R&D line.