Flash News

TREE NEWS reports: Japan’s annualized housing starts for August came in at 753,000 units, below the 766,000 expected and down from the prior reading of 774,000. The print marks a further slowdown in Japanese residential construction activity.

TREE NEWS reports: Ningbo Zhoushan Port handled 30.4 million TEU of container throughput in the first eight months of the year, up 6.1% year on year, customs data show. Customs supervised 29,945 inbound and outbound international vessel calls, up 3.3%. The port now runs 309 shipping routes linking more than 700 ports in over 200 countries and regions.

TREE NEWS reports: China’s official manufacturing PMI rose to 50.1 in September and the non-manufacturing PMI to 50.2, both back in expansion territory, while the RatingDog manufacturing PMI climbed to 52.1, a five-month high, with services accelerating for a second month. In Hong Kong, the Hang Seng slipped 0.04% and the Hang Seng Tech Index fell 0.15% at midday, as the Shanghai Composite added 0.27% led by drugmakers.

TREE NEWS reports: Global Mini LED backlight shipments across consumer electronics are forecast to exceed 30 million units in 2026, up more than 60% year over year. TVs remain the main growth driver, with Mini LED backlight TV shipments expected to reach 25 million units and market penetration above 10%, aided by RGB Mini LED moving toward the mainstream and China’s trade-in policy.

TREE NEWS reports: The US releases its final second-quarter GDP reading alongside August personal income and PCE data at 20:30 Beijing time on Wednesday, with the September ADP employment report at 20:15. UK, French, German and Italian inflation and labor data are due earlier in the session, and Micron Technology reports earnings after the US close.

TREE NEWS update: Shanxi province priced eight tranches of local government bonds, including a 7-year general bond of 3.309 billion yuan at a 1.5500% yield and a 7-year special bond of 3.30861 billion yuan at 1.5500%. A 20-year other special bond of 2.3758 billion yuan drew a marginal bid-to-cover of 21.79x against an expected 2.19x, while a 30-year tranche of 825 million yuan priced at 2.2600%.

TREE NEWS reports: The MSCI Asia-Pacific Index rose 1% to 277.12. The move marks a gain for the regional benchmark covering developed and emerging markets across Asia-Pacific. No further details were disclosed in the index reading.

TREE NEWS update: The Bank of Korea will purchase 1 tonne of gold in December, the central bank said. The buying is scheduled for the final month of the year, with no further details on counterparties, pricing or the rationale for the purchase disclosed. The Bank of Korea holds and manages gold as part of its official foreign exchange reserves.

TREE NEWS reports: The US 10-year Treasury yield rose to 5.26% on Sept 29, touching 5.293% intraday, its highest since 2007, while the 30-year hit 5.6206%, a 2002 high. Over the past month the 2-, 10- and 30-year yields climbed roughly 50, 47 and 32 basis points. US stocks held firm: the S&P 500 fell 0.17% and the Nasdaq 0.08%, leaving them up 12.1% and 15.3% year to date.

TREE NEWS update: China’s National Development and Reform Commission has drafted the Measures for the Prevention and Control of Power Market Risks and released the exposure draft for public comment. The draft sets out risk-control rules for the country’s electricity market. The commission is soliciting feedback from the public on the text.

TREE NEWS reports: Nine tankers loaded about 12.5 million barrels of crude on the Red Sea coast since 27th, with three completing loading in the past 24 hours. The activity is the strongest sign yet that Saudi Arabia’s East-West crude pipeline has at least partly resumed operation, and two people familiar with the repairs said flows have been restored to about 3.5 million barrels per day.

TREE NEWS reports: Japan’s auction of two-year government bonds drew a bid-to-cover ratio of 3.89, compared with a 12-month average of 3.75. The result indicates demand for the short-dated paper came in above its recent norm.

TREE NEWS reports: The Shanghai Composite gained 0.27% at the midday break, while the Shenzhen Component slipped 0.06% and the ChiNext Index fell 0.17%. Pharmaceutical stocks led gains, with CanSino, Tainuo Mabpharm, Menovo and Aosaikang among names hitting the daily limit. Battery-chain shares stayed active and Hainan Rubber surged on a rally in agricultural stocks. First-half turnover reached 917.3 billion yuan, with 2,370 stocks up and 2,659 down.

TREE NEWS reports: Thailand’s benchmark SET Index dropped 1% during the trading day. The decline marks an intraday move for the Thai equity gauge. No further details were immediately available on what drove the fall.

TREE NEWS update: Sichuan province issued special-purpose local government bonds across seven maturities, led by a 30-year tranche of 12.16794 billion yuan at a 2.2400% coupon with a 1.87x bid-to-cover marginal ratio. Other tranches included 4.45644 billion yuan of 20-year bonds at 2.1900%, 1.55893 billion yuan of 10-year bonds at 1.7300%, and 498 million yuan of 7-year bonds at 1.5500%.

TREE NEWS reports: Apple’s iPhone 18 Pro series sold 12% more units in its first three days on sale in China than the iPhone 17 Pro series did in its own launch week, Counterpoint Research said. The strong start pushed Apple to the top of China’s weekly smartphone sales ranking in week 38, with a 33% share of the market.

TREE NEWS reports: Global shipments of public displays and signage TVs exceeded 1.73 million units in the second quarter of 2026, up from 1.61 million in the previous quarter. Interactive flat panel and touch displays led growth, with shipments rising 13.7% quarter-on-quarter and 0.7% year-on-year.

TREE NEWS reports: China’s A-share real estate sector staged a volatile rebound, with Zhongtian Service surging to its daily limit-up. Lujiazui gained more than 7%, while Nanjing Gaoke, Binjiang Group, Shenzhen Special Economic Zone Real Estate & Properties (Group) and China Vanke rose in sympathy. The move marks a sharp intraday recovery for property stocks after earlier weakness.

TREE NEWS update: China’s Ministry of Commerce issued a notice on applications for 2027 auto and motorcycle export licenses. The notice, released by the ministry’s general office, sets out the filing process for companies seeking export permits for the 2027 quota year. It gives no figures or further details.

TREE NEWS reports: China’s National Energy Administration issued 354 million green certificates in August 2026, up 15.75% from the previous month, covering 3.7096 million renewable energy generation projects. Tradable certificates accounted for 212 million, or 60.04% of the total. Certificates corresponding to July 2026 renewable generation made up 323 million, or 91.41% of the month’s issuance.