Flash News

TREE NEWS update: At an Asia-Pacific media forum in Shenzhen on Sept 5, a Cambodian official jokingly asked BYD vice president Liu Xueliang if he could get a discount on a car. Liu replied, “No discount,” explaining that BYD offers more than products, emphasizing “technology export” over cheap goods to deliver Chinese value.

TREE NEWS reports: US spot Bitcoin ETFs attracted nearly $1 billion in the latest week, contributing to a three-week total of $3.8 billion, the strongest such period of 2026. Friday inflows stayed positive despite Bitcoin briefly falling below $79,000.

TREE NEWS update: Foxconn (Hon Hai Precision) reported August revenue of NT$921.8 billion, up 52% year-over-year. For the first eight months of 2025, cumulative revenue rose 40% compared to the same period last year. The figures reflect strong demand for AI servers and consumer electronics.

TREE NEWS reports: Ethereum spot ETFs recorded a net inflow of $26.4613 million on September 4. BlackRock’s ETHA led with a $57.7915 million net inflow, bringing its historical total to $12.873 billion. BlackRock’s Staked ETH ETF (ETHB) followed with $16.441 million, reaching $775 million in total net inflows.

TREE NEWS reports: Bitcoin spot ETFs recorded a net inflow of $175 million on September 4, marking the third consecutive day of inflows. BlackRock’s IBIT led with $117 million, bringing its total net inflows to $64.057 billion. Fidelity’s FBTC followed with $57.2183 million, reaching $10.333 billion in cumulative inflows.

TREE NEWS update: Shuliy Innovation (Shanghai) Intelligent Technology Co., Ltd. officially launched its STAR Market IPO tutoring on September 4, filing for recordation with the Shanghai Securities Regulatory Bureau. Huatai United Securities serves as the tutoring institution. This follows BrainCo’s June application, marking another brain-computer interface company pursuing a STAR listing.

TREE NEWS update: At the 2026 Yabuli Forum Summer Annual Meeting in Chengdu, Horizon Robotics founder and CEO Yu Kai said the company aims to become the market leader in China’s autonomous driving chip market next year, surpassing Nvidia. The statement was made during his opening speech at the event held from September 4-6.

TREE NEWS update: At the 2026 Yabuli Forum Summer Annual Meeting in Chengdu (Sept 4-6), New Oriental Chairman Yu Minhong said East Buy plans to open 1,000 physical stores within three years. The retailer, known for livestream e-commerce, will expand offline amid competition.

TREE NEWS update: S&P Dow Jones Indices announced changes to the S&P 100, S&P 500, and S&P MidCap 400, effective Sept. 21, 2026. The S&P 100 will add Palo Alto Networks, Arista Networks, SanDisk Networks, and Dell Technologies, while removing Nike, Colgate-Palmolive, and Honeywell Aerospace. The S&P 500 will include Bloom Energy, Illumina, and Everpure.

TREE NEWS update: A US federal judge on September 4 rejected a temporary restraining order sought by three Stars and Stripes journalists, allowing the Defense Department to proceed with their termination. Judge Trevor McFadden ruled that the plaintiffs had not shown their First Amendment rights were likely violated. The case involves publisher Max Lederer, editor Eric Slavin, and Middle East correspondent Lara Corte.

TREE NEWS reports: Coatue Management is negotiating with startup MatX to form a joint venture that would finance purchases of memory and logic chips and chipmaker capacity, with discussions for a multi-billion-dollar injection, sources said. Coatue is also weighing participation in MatX’s next funding round, which could at least double its roughly $4 billion valuation. MatX has developed a chip capable of both AI training and inference.

TREE NEWS reports: Robert Cohen, credit head at DoubleLine Capital, is scouting for bargains in investment-grade bonds of large tech firms like Alphabet and Amazon following the AI-driven selloff. Cohen said he doesn’t need to call the market bottom, deeming both companies ‘very good credits’ worth buying if spreads widen significantly above reasonable levels.

TREE NEWS update: Anthropic, the AI company, is expected to publicly file its IPO prospectus in late September, with roadshow presentations potentially starting in mid-October. The timeline, reported by media, marks a key step toward a public listing for the firm.

TREE NEWS update: Meta has been sued over its smart glasses’ collection of biometric data. The lawsuit alleges that the company gathered facial and other biometric information without proper consent. This legal action adds to Meta’s ongoing privacy challenges, potentially impacting its smart glasses business.

TREE NEWS reports: On Friday (Sept. 4), U.S. stock index futures closed lower in New York: S&P 500 futures fell 0.53%, Dow futures dropped 0.84%, and Nasdaq 100 futures slipped 0.01%. The Russell 2000 futures rose 0.22%.

TREE NEWS reports: At Friday’s New York close (Sept 4), S&P 500 futures fell 0.53%, Dow futures dropped 0.84%, and Nasdaq 100 futures edged down 0.01%. Russell 2000 futures rose 0.22%.

TREE NEWS update: ByteDance, TikTok’s parent, secured a $30 billion unsecured loan from nearly 30 banks to fund its aggressive AI push, including chips, models, and overseas data centers. The rare unsecured facility marks one of the largest corporate loans for AI infrastructure.

TREE NEWS reports: US crypto and crypto-linked indices fell 0.08% to 75.46 points, but are up 12.05% for the week. Bitcoin dropped 1.96% to $79,855.75 after a sharp decline from above $81,000 following the US jobs report, briefly breaking below $78,650. Ether fell 1.97% to $2,455.927, with a seven-day gain of 1.23%.

TREE NEWS update: S&P Dow Jones Indices will add Bloom Energy, Illumina, and Everpure to the S&P 500 index. The changes take effect prior to the open on a date to be announced. The additions reflect ongoing index rebalancing.

TREE NEWS reports: Spot gold dropped 0.98% to $4,429.07/oz at Friday’s New York close, tumbling from above $4,470 to a daily low of $4,365.73 at 21:01 Beijing time on the US nonfarm payrolls release, breaking the earlier V-shaped rebound. Silver fell 1.22% to $66.1650/oz, while gold and silver posted weekly losses of 0.57% and 0.27%, respectively.