Flash News

TREE NEWS reports: Chinese agricultural stocks rebounded on Tuesday, with Yasheng Group and Boen Group both hitting their daily price limits. Tianbang Food, Dunhuang Seed, Heizhima and Beidahuang also advanced, tracking gains in the sector.

TREE NEWS reports: Chinese computing hardware stocks rallied on Tuesday, with Zhongjing Electronics, Founder Technology and Huasheng Chang hitting their daily limit up, while Juguang Technology jumped over 10%. Delink, LianTe Technology and Jingwang Electronics also gained, reflecting strong investor interest in AI-driven computing infrastructure.

TREE NEWS reports: Market pricing now shows about a 50% chance of a 25 basis point Fed rate hike this month, down from 70% yesterday, after Fed officials pushed back. Bitcoin briefly broke above $82,000 this morning, with major tokens up 3-6%. Meanwhile, the House GOP canceled votes on the CLARITY Act until after the midterms, dimming its passage prospects.

TREE NEWS reports: The Hang Seng Index expanded its gains to 2% during trading. The move reflects broad buying across Hong Kong-listed equities.

TREE NEWS reports: Global copper mine production fell 1.1% in H1, marking the first half-year decline since 2017. Output at Codelco and Freeport-McMoRan dropped by double digits. Morgan Stanley, which initially expected supply growth, now forecasts flat or slightly lower output for the year, suggesting a potential first annual decline since 2017.

TREE NEWS reports: China’s real estate sector rallied in early trading on [date not specified], with Cinda Real Estate hitting its third consecutive daily limit up. Woaiwojia surged to the daily limit, while Tefa Service, Shilianxing, Shirong Zhaoye, and CCCC Development also advanced, tracking gains in the sector.

TREE NEWS reports: The Guangzhou-Hong Kong horse industry deep cooperation zone is currently under planning, with preliminary work advancing steadily. The initiative aims to foster cross-border collaboration in the equine sector between the two cities.

TREE NEWS reports: The Australian dollar climbed to 0.7208 against the U.S. dollar, reaching its highest level since mid-May. The move reflects continued strength in the currency amid broader market conditions.

TREE NEWS reports: Japan’s 20-year government bond yield declined by 5.5 basis points to 3.76% on [date]. The move reflects continued demand for long-dated JGBs amid market conditions.

TREE NEWS reports: The CSI Convertible Bond Index opened 0.25% higher on [date]. Leading gains were Qiangda Convertible Bond (+20.00%), Zhen 26 Convertible Bond (+3.92%), and Dingjie Convertible Bond (+2.78%). On the downside, Wankai Convertible Bond fell 0.42%, while Tai 21 Convertible Bond and Diwei Convertible Bond each dropped 0.23%.

TREE NEWS reports: China’s ChiNext and STAR 50 indices both rose over 1% on Tuesday, with the Shanghai Composite up 0.39% and the Shenzhen Component up 0.74%. Digital currency, precious metals, and semiconductor chip sectors led the gains, and nearly 3,900 stocks advanced across Shanghai, Shenzhen, and Beijing exchanges.

TREE NEWS reports: China’s treasury futures opened lower on Tuesday, with the 30-year main contract down 0.05%, the 10-year down 0.01%, the 5-year down 0.01%, and the 2-year down 0.00%. The modest declines reflect cautious trading in the bond market.

TREE NEWS reports: China’s Shanghai Composite Index opened at 3955.55 points, up 0.34% on the day. The Shenzhen Component Index gained 0.74% to 13725.65, while the ChiNext rose 0.97% to 3344.62. The CSI 300 opened 0.50% higher at 4575.32, and the STAR 50 advanced 1.04% to 1627.95.

TREE NEWS update: Reserve Bank of New Zealand Assistant Governor Silk said an interest rate hike in October or December remains possible, with December more likely for raising the official cash rate. The comments suggest the central bank is leaning toward a later move amid persistent inflation pressures.

TREE NEWS update: The People’s Bank of China conducted 0 yuan in 7-day reverse repo operations on Tuesday, with 200 billion yuan in reverse repos maturing today. The central bank’s open market operations resulted in a net withdrawal of 1,411.5 billion yuan this week.

TREE NEWS reports: Hong Kong stocks opened higher on Tuesday, with the Hang Seng Index gaining 1.2% and the Hang Seng Tech Index rising 1.46%. Lenovo Group led gains, surging over 3%, while MINIMAX, JD.com, and Baidu each advanced more than 2%.

TREE NEWS update: China’s central bank set the yuan midpoint at 6.7787 per dollar on Wednesday, up 20 pips from the previous fix of 6.7807. The official close was 6.7181, while the overnight offshore rate closed at 6.7178.

TREE NEWS update: China’s Ministry of Ecology and Environment issued a plan allocating carbon emission allowances for the power sector in 2025-2026 and for steel, cement, and aluminum smelting in 2026. The scheme details allocation scope, calculation methods, issuance, and compliance procedures for the national carbon market.

TREE NEWS reports: NVIDIA is in discussions to invest $2.5 billion in Thinking Machines Lab, an AI startup founded by former OpenAI chief scientist Ilya Sutskever. The potential investment underscores NVIDIA’s strategy to deepen ties with leading AI labs. The talks were reported by The Information. No final agreement has been reached yet.

TREE NEWS reports: The Taiwan Stock Exchange Weighted Index advanced 1.3% in trading. The move reflects broad market gains.