Flash News

TREE NEWS reports: China’s overnight Shanghai Interbank Offered Rate (SHIBOR) fell 0.10 basis points to 1.3620% on the latest fixing. The 7-day rate declined 0.30 basis points to 1.3740%, while the 3-month rate held steady at 1.4300%.

TREE NEWS update: Shanghai’s housing authority issued the 15th Five-Year Plan for housing and urban-rural development, targeting full launch of urban village renovation projects and completion of improvement works by end-2026. By 2027, preliminary renovations of all such projects should be done. The plan also aims to complete renovation of about 20,000 sqm of small-beam and thin-slab housing by end-2026, and basically finish converting non-self-contained worker housing by 2030.

TREE NEWS update: Shanghai’s housing and urban-rural development authority issued its 15th Five-Year Plan, targeting a natural gas reserve capacity of over 25 days by 2030. The plan emphasizes strengthening supply security, optimizing the production-supply-storage-sales system, and improving the gas price adjustment mechanism.

TREE NEWS update: Hungary’s national weather service said on Tuesday that August 2026 was the hottest August on record, with an average temperature of 24.9°C, 3.7°C above the 1991-2020 average. The data, released on September 2, marks the highest monthly temperature since records began in 1901.

TREE NEWS update: Wan Gang, honorary president of the China Association for Science and Technology, recommended accelerating research and industrialization of all-solid-state batteries. Speaking ahead of the 2026 World Power Battery Conference in Yibin on September 3, he also encouraged developing new sodium-ion battery routes to enhance safety and environmental adaptability.

TREE NEWS update: Shanghai’s housing authority unveiled its 15th Five-Year Plan, targeting 25-28 million square meters of new commercial housing supply and 250,000-270,000 units of rental housing by 2030. The plan also aims to add over 120,000 beds for urban builders and managers, while advancing foundational systems for real estate development and financing.

TREE NEWS update: China Coast Guard spokesperson Jiang Lue said on September 3 that the Putuoshan ship formation conducted routine law-enforcement patrols east of Taiwan Island. Since August, the formation has strengthened control over related waters, safeguarding navigation and operations, and protecting the legitimate rights of Chinese nationals, including Taiwanese compatriots. The Coast Guard will continue patrols to uphold national sovereignty.

TREE NEWS reports: Japan’s Nikkei 225 edged up 0.2% while the broader Topix gained 1% at the morning close on Monday. The Topix outperformed on strong gains in banking and value stocks, while tech shares weighed on the Nikkei.

TREE NEWS reports: Shanghai Steel Union data shows MMLC battery-grade lithium carbonate (morning session) mid-price at 155,950 yuan/ton, up 350 yuan/ton from 16:30 previous day.

TREE NEWS update: China’s General Administration of Sport will strengthen youth sports and reserve talent development during the 15th Five-Year Plan period. Plans include expanding youth sports activities, holding major tournaments for football, basketball, volleyball and athletics, and building a cohesive training system. The focus is on improving youth health and establishing a solid foundation for competitive sports.

TREE NEWS update: China’s General Administration of Sport announced on Tuesday that by 2030, the country aims to achieve about 4 square meters of sports venue area per capita and have about 40% of the population regularly participate in physical exercise. The goals were outlined at a State Council Information Office press conference on sports development during the 15th Five-Year Plan period.

TREE NEWS update: China’s General Administration of Sport will intensify efforts to clean up toxic fan culture in sports during the 15th Five-Year Plan period (2026-2030). The measures include promoting positive fan and event culture, and deepening the crackdown on sports-related ‘fan circle’ chaos to purify the sports environment.

TREE NEWS reports: China’s coal sector surged on [date not specified], with Zhengzhou Coal Industry & Electric Power hitting the daily limit up. Shaanxi Black Cat briefly touched the limit, while Hengyuan Coal, Dayou Energy, Huaibei Mining and Shanxi Coking followed gains.

TREE NEWS update: Iran launched missile and drone strikes on a US military base in Kuwait on March 3. Witnesses reported thick smoke rising from the site. Earlier, Kuwaiti military said its air defense was responding to the attack.

TREE NEWS update: President Xi Jinping has returned to Beijing after attending the 2026 Shanghai Cooperation Organization summit and conducting state visits to Kyrgyzstan and Egypt.

TREE NEWS update: China’s General Administration of Sport aims to boost the total output of the sports industry to exceed 7 trillion yuan by 2030, as part of the 15th Five-Year Plan period. Director Gao Zhidan said sports will play a more active role in expanding domestic demand and stimulating consumption.

TREE NEWS update: Gao Zhidan, director of China’s General Administration of Sport, announced that during the 15th Five-Year Plan period (2026-2030), China will reform competitive sports management to maintain its leading position in world championship titles and achieve excellent results at the Los Angeles Olympics and Alpine Winter Olympics. The plan includes optimizing the national system, promoting balanced development across sports, and revitalizing the ‘three big balls’.

TREE NEWS update: China’s sports chief Gao Zhidan said on Sept. 3 that the country will add 5,000 small sports parks, fitness centers and ice rinks by 2030, aiming for 4 sq meters of sports space per person and 40% regular exercise participation.

TREE NEWS reports: Japan’s TOPIX index expanded its intraday gain to 1% on [date not specified]. The benchmark’s rise reflects broad buying across sectors, though specific drivers were not detailed in the initial report.

TREE NEWS update: The Bank of Japan will convene a market operations meeting on October 14. The meeting, focused on market operations, is part of the central bank’s routine schedule. Details of the agenda were not disclosed.