Flash News

TREE NEWS update: Eritrea’s government on 10 December called on the United Nations to take “necessary measures” against Ethiopia amid mounting diplomatic tensions between the two countries. In a letter to the UN Security Council, Foreign Minister Osman Saleh said Ethiopia’s recent accusations against Eritrea were a “deceptive move” aimed at justifying war on a sovereign state under the pretext of self-defense, and asked the Council to strongly condemn what he called Ethiopia’s declaration of war.

TREE NEWS update: Zunjie customer service confirmed on October 11 that the upgrade plan for the V800 brake pedal bracket base is expected to be finalized by the end of October, with upgrades starting in November. Owners who have taken delivery can register at any nationwide service center or through their purchasing store, while vehicles not yet shipped will be upgraded before delivery. Specific upgrade details are not yet available.

TREE NEWS update: Pakistan’s President Asif Ali Zardari approved the imposition of emergency rule in the northwestern province of Khyber Pakhtunkhwa on October 11, the presidential office said in a statement. The decision followed a federal cabinet recommendation and reports from relevant agencies on the province’s deteriorating security situation.

TREE NEWS reports: CITIC Securities said in a research note that investor focus will shift to the upcoming US third-quarter earnings season as the market decouples from interest rates. LSEG consensus expects S&P 500 Q3 2026 revenue and earnings growth of 1.2% and 45.0% year-on-year, with energy, IT, materials and healthcare all exceeding 50% earnings growth, suggesting profit gains are no longer concentrated in leading tech names. For Hong Kong stocks, fundamentals have bottomed and earnings growth forecasts for major broad-based indexes are being revised upward.

TREE NEWS reports: CITIC Securities said in a research note that LSEG consensus expects S&P 500 revenue and earnings to grow 1.2% and 45.0% year-on-year in the third quarter of 2026, both down from the prior quarter. Energy, information technology, materials and health care all post earnings growth above 50%, suggesting the index’s profit expansion is no longer concentrated in leading technology companies.

TREE NEWS update: Pakistan’s Foreign Ministry said on the 11th it strongly condemns the latest Houthi attack on King Khalid International Airport in Riyadh, Saudi Arabia. The statement called the strike a blatant violation of international law and a serious threat to regional peace and security. It reaffirmed Pakistan’s commitment under the Mecca Joint Defense Agreement to safeguarding Saudi sovereignty, territorial integrity and stability.

TREE NEWS reports: US trade barriers are driving up costs for domestic manufacturers, and the situation is worsening as American military action against Iran disrupts shipping through the Strait of Hormuz, a key global energy transit route. The combined pressures are adding to the cost burden on US producers.

TREE NEWS update: Nanjing and Suzhou in Jiangsu province have begun accepting housing provident fund withdrawal applications for home renovation and property management fees, while Shenyang in Liaoning issued nine optimization measures that add heating costs to eligible withdrawals. The moves mark a further broadening of the state housing savings scheme’s permitted uses.

TREE NEWS update: Poland’s Interior Ministry said on October 11 that police received information that Prime Minister Donald Tusk and Defense Minister Władysław Kosiniak-Kamysz could be targeted in an attack in the near future.

TREE NEWS reports: CITIC Securities said Hong Kong stock fundamentals have hit bottom, with earnings growth expectations for major broad-based indices beginning to be revised upward, even as the overseas rate-hike cycle and renewed AI momentum trading keep liquidity under pressure. Profit expectations are diverging notably across sectors, with some niche segments upgraded while domestic-demand-linked industries still face downward revisions. Third-quarter results will be key to judging the pace of recovery, and the broker advised investors to stay patient, expecting dividend strategies to keep outperforming in the near term.

TREE NEWS reports: The International Organization for Migration (IOM) announced on October 11 that a boat carrying 350 migrants capsized off the coast of Djibouti, killing at least 109 people. More than 110 others remain missing. The IOM did not provide further details on the nationalities of those on board or the cause of the capsizing.

TREE NEWS reports: The International Organization for Migration (IOM) announced on October 11 that a boat carrying 350 migrants capsized off the coast of Djibouti, killing at least 109 people. More than 110 people remain missing. The IOM has not disclosed details about the nationalities of those on board or the cause of the capsizing.

TREE NEWS update: A boat carrying 350 migrants capsized off the coast of Djibouti, killing at least 109 people, the International Organization for Migration said on October 11. More than 110 others remain missing. The IOM did not give further details on the nationality of those aboard or the cause of the capsize.

TREE NEWS update: The International Organization for Migration announced on October 11 that a migrant boat carrying 350 people capsized off the coast of Djibouti, killing at least 109 people, with more than 110 others missing.

TREE NEWS update: Polish Prime Minister Donald Tusk said on October 11 that there is no evidence the recent spate of school violence in Poland was planned by an organized, large-scale group, though online activity may influence youth behavior. Speaking at a school safety meeting with government ministers, Tusk stressed the issue cannot be solved by police alone or through extreme internet censorship, and requires joint efforts from police, government departments, teachers and parents.

TREE NEWS reports: CITIC Securities said in a research note that stabilizing oil prices, weaker-than-expected nonfarm payrolls and lowered Fed rate-hike expectations have not reversed the rise in global long-term bond yields, driven by persistent private-sector financing demand. It said North America has exited the post-crisis low-growth, low-rate “abnormal state” on the back of trillion-dollar investment, and that high global rates are the norm to be managed before the AI investment cycle turns. It advises tracking that turning point closely.

TREE NEWS update: A CITIC Securities research report points out that stabilizing oil prices, non-farm payrolls coming in below expectations, and downward revisions to Federal Reserve rate hike expectations have all failed to reverse the rise in global long-term bond yields, driven by persistently strong private-sector investment and financing demand. Fueled by trillion-dollar investment, North America has become the first to emerge from the “abnormal” post-financial-crisis era of low growth and low interest rates, and a global high-interest-rate environment is a norm that must be dealt with before the inflection point of the AI investment cycle. According to the report, the only demand insensitive to overseas high interest rates lies in North American AI and areas related to China’s central fiscal expansion. In terms of allocation, in the short term one can only respond with high-prosperity sectors and sectors with supply cleared out, and it is recommended to closely track the inflection point of the AI investment cycle.

TREE NEWS reports: A CITIC Securities report notes that stable oil prices, weaker-than-expected nonfarm payroll data, and downward revisions to expectations for Federal Reserve rate hikes have all failed to reverse the rise in global long-term bond yields, underpinned by persistently strong private-sector investment and financing demand. Driven by $1 trillion in investment, North America has been the first to break free from the “abnormal state” of low growth and low interest rates that followed the financial crisis, and the global high-interest-rate environment is a persistent phenomenon that must be addressed until the inflection point of the AI investment cycle. According to the report, demand that is insensitive to high overseas interest rates is confined to areas related to North American AI and Chinese central fiscal expansion; on the allocation side, in the short term the only viable response is to focus on booming sectors and sectors where supply has been consolidated, and it recommends closely tracking the inflection point of the AI investment cycle.

TREE NEWS update: A report by CITIC Securities points out that stable oil prices, lower-than-expected non-farm payroll data, and reduced expectations of a Fed rate hike cannot reverse the upward trend of global long-term bond yields. The reason lies in the continued strength of private-sector investment demand and fundraising. Thanks to a $1 trillion investment, North America is the first region to escape the “abnormal state” of low growth and low interest rates that persisted after the financial crisis, and the global high interest rate environment is a persistent phenomenon that must be addressed until the inflection point of the AI investment cycle. According to the report, overseas demand that is insensitive to high interest rates is only found in North American AI-related sectors and China’s central fiscal expansion; in terms of allocation, in the short term, one can only respond by focusing on booming industries and industries that have undergone supply-side consolidation, and it is recommended to closely monitor the inflection point of the AI investment cycle.

TREE NEWS reports: Galaxy Securities said China’s top-level document on developing new quality productive forces will reshape the A-share market institutionally, combining a short-term risk-appetite recovery with a longer-term revaluation. The brokerage said the policy cements innovation industries as the market’s long-term main line, rebuilds valuation logic around core technological barriers and R&D spending, and expands patient capital. It flagged hard tech, AI applications, green energy and traditional industry upgrades as allocation themes.