Flash News

TREE NEWS reports: On Sept 9, Chunhui Zhikong’s stock opened higher, turned lower, then plunged to a 20% limit-down intraday before rebounding. As of writing, shares were down over 5% with turnover near 14%, leaving a long lower shadow on the daily chart. The intraday action suggests a possible fat-finger trade, though no limit-down was seen on the timeframe.

TREE NEWS reports: Taiwan’s benchmark TAIEX stock index closed 0.2% higher at 47,183.36 points on Tuesday. The gain reflects a modest uptick in the local equity market.

TREE NEWS reports: The Hang Seng Tech Index extended losses to 1% on Wednesday. The decline reflects ongoing selling pressure in Hong Kong-listed technology stocks.

TREE NEWS reports: A-share tourism and hotel stocks rose in intraday trading, with Guilin Tourism hitting the daily limit up. Qujiang Cultural Tourism, Tianmu Lake, and Jinling Hotel also gained, tracking the sector’s upward momentum.

TREE NEWS reports: Apple will unveil its first foldable iPhone, named iPhone Duo, at Wednesday’s product event, Bloomberg’s Mark Gurman reports. The device starts at $2,000, with the top storage version around $3,000, supports Apple Pencil, and will launch in October in white and deep blue. The event also marks the first under new CEO John Ternus.

TREE NEWS reports: Oil prices neared $100 per barrel in Asian trade on US-Iran tensions, boosting energy stocks, while chip stocks extended gains with SK Hynix up over 3%. China’s August CPI rose 0.8% year-on-year, with PPI up 3.8%, both turning positive month-on-month. Hong Kong’s Hang Seng was flat, with the tech index down 0.6%.

TREE NEWS update: Sungrow Power Supply said on its investor interaction platform that it has delivered several Solid-State Transformer (SST) units to customers, with commissioning expected in Q4. The company aims to be the first to run an SST 800V DC power solution under real computing-load scenarios.

TREE NEWS update: Canary Capital launched the Canary Staked TRX ETF, the first staked ETF tied to Tron, trading under TRXS on a US exchange. The fund incorporates TRX rewards from Tron’s PoS staking into its net asset value, offering traditional market exposure to TRX. Tron, with a market cap of about $32.1 billion, is the eighth-largest crypto asset, widely used for low-cost stablecoin transfers. Canary Capital has previously listed ETFs for HBAR, Litecoin, and XRP.

TREE NEWS update: The first staked exchange-traded fund tied to Tron will hit the US markets on Wednesday, offering investors a new way to gain exposure to TRX. The product marks a milestone in bringing staking rewards to traditional ETF investors.

TREE NEWS reports: China’s Shanghai Composite rose 0.24% to 3949.89 at the morning close, while the Shenzhen Component fell 0.06% to 13694.33. The ChiNext dropped 0.34%, CSI 300 gained 0.12%, and the STAR 50 lost 0.60%. Mid-cap indices also dipped slightly.

TREE NEWS reports: Chinese stocks were mixed at midday on Sept 9, with the Shanghai Composite up 0.24%, while the Shenzhen Component fell 0.06% and the ChiNext dropped 0.34%. Coal stocks led gains, with Yunnan Coal Energy, Zhengzhou Coal, and Dayou Energy hitting daily limits. Shipping and military sectors also rose, while media and short-drama concepts declined. About 3,500 stocks fell, with turnover at 1.22 trillion yuan.

TREE NEWS reports: China’s ChiNext board index reversed gains to turn negative on Tuesday, after opening more than 1% higher. The tech-heavy index gave up early advances amid volatile trading.

TREE NEWS reports: China’s military sector rallied, with Hunan Tianyan hitting the daily limit up. Inner Mongolia First Machine, Guoke Military, Great Wall Military, Hongdu Aviation, and North Long Dragon rose over 6%. The move reflects heightened investor interest in defense stocks amid geopolitical tensions.

TREE NEWS reports: South Korea’s Seoul Composite Index (KOSPI) extended its intraday gains to 2% on Wednesday. The benchmark index rose amid a broad market rally, with tech and financial stocks leading the advance. Investors remain optimistic following recent policy signals and global market strength.

TREE NEWS reports: StoneX initiated coverage on Robinhood with a Buy rating and 45% upside, citing the upcoming Robinhood Chain and prediction markets as growth drivers. The broker sees these initiatives accelerating user engagement and revenue diversification beyond traditional trading.

TREE NEWS reports: Chinese shipping stocks surged on [date], with Haitong Development hitting the daily limit up, while COSCO Shipping Energy, China Merchants轮船, Fenghang Shipping, and Strait Shipping followed gains. Guoyuan Ocean rose nearly 10% as the sector rallied sharply.

TREE NEWS update: SpaceX shares rose 3.65% to $153.35, pushing its market cap back above $2 trillion to $2.02 trillion, the highest since July 7.COM. Separately, the LAPTOP token airdrop opens at 8 PM Beijing time tonight, with 20% of supply allocated to the community, including 2% for TRUMP meme coin losers and 8% for Hunter Biden Substack subscribers.

TREE NEWS reports: The China Securities Convertible Bond Index opened up 0.13% today. Leading gainers included Fengmao convertible bond, Benchuan, Zhen 26, Dingtong, and Huamao, with gains up to 30.00%. Losers included Tianyuan, Yinlun, Huicheng, Fuxin, and Pulian, falling up to 1.36%.

TREE NEWS reports: Chinese agricultural stocks declined collectively on [date]. Boen Group (播恩集团) hit the daily limit down, while Wandelnong, Denghai Seeds, Kangnong Seeds, Hainan Rubber, and Qiule Seeds led the losses.

TREE NEWS reports: Optical fiber-related stocks extended gains in China, with Huamai Technology hitting its third consecutive limit-up, while Sanfu, Changyingtong, Hengdongguang, Dekeli and Tianfu Communication opened higher. The move follows Qualcomm and Amazon’s agreement to jointly build AI data center infrastructure, including development of up to 1.6T optical interconnect solutions.