Flash News

TREE NEWS update: The 2026 Financial Street Forum Annual Meeting will be held in Beijing’s Financial Street from October 19 to 22. The event is co-hosted by the Beijing Municipal Government together with the People’s Bank of China, the National Financial Regulatory Administration, the China Securities Regulatory Commission, Xinhua News Agency and the State Administration of Foreign Exchange.

TREE NEWS reports: Indonesia’s benchmark stock index climbed 1%, with the gain reported on the day. The move marks a session of strength for Indonesian equities, though no specific drivers for the advance were cited. No further details on the index level or trading volume were provided.

TREE NEWS reports: Japan’s Nikkei 225 closed the morning session up 1.3%, while the broader Topix gained 0.9%, as of the morning close. The two benchmarks moved higher in tandem during the half-day of trading in Tokyo.

TREE NEWS reports: Shanghai Metals Market (SMM) data showed the morning midprice for MMLC battery-grade lithium carbonate at 120,000 yuan per tonne, down 500 yuan per tonne from the 16:30 price the previous day. The quote is the early-session reference for the key battery raw material.

TREE NEWS update: China’s National Development and Reform Commission, together with the Ministry of Finance, has allocated the fourth and final batch of 62.5 billion yuan in ultra-long special treasury bonds for consumer goods trade-ins, completing the full-year 250 billion yuan allocation. Authorities said they will guide local governments on the pace of spending, tighten subsidy verification and payouts, and crack down on fraudulent claims.

TREE NEWS reports: China’s ChiNext Index reversed early gains to trade lower, having risen nearly 1% at the open. The STAR 50 Index dropped nearly 2%. The intraday swings came as the two growth-focused boards diverged, with the Shanghai tech board’s decline outpacing the ChiNext’s reversal.

TREE NEWS update: China’s Taiwan Affairs Office said Taiwan is the most important issue in US-China relations, urging Washington to abide by the one-China principle and the three Sino-US joint communiqués and to maintain a correct position of opposing ‘Taiwan independence.’ The office called on the US side to handle the Taiwan issue with extreme caution.

TREE NEWS update: China Railway Shanghai Group expected to carry 3.76 million passengers on Sept 30, the first travel peak of the National Day holiday, the company said. The figure follows 2.637 million passengers handled on Sept 29. The Shanghai-based bureau operates rail services across the Yangtze River Delta region.

TREE NEWS reports: Australia’s trimmed mean consumer price index rose 0.2% month-on-month in August, down from a 0.5% gain in July, the Australian Bureau of Statistics said Wednesday. Swap market pricing put the odds of another Reserve Bank of Australia rate hike at its November meeting at about 28%, down from roughly 40% before the data.

TREE NEWS reports: Water levels at Poyang Lake, China’s largest freshwater lake, fell 2.47 meters in a single week, pushing it into its dry season 42 days ahead of schedule. The Xingzi hydrological station dropped below the 12-meter low-water threshold at 16:00 on September 20 and stood at 10.26 meters as of 08:00 on September 29, with levels expected to keep declining.

TREE NEWS update: China Coast Guard carried out law enforcement patrols in the territorial waters of Scarborough Shoal and surrounding areas on September 30. Since September, the coast guard has continuously strengthened patrols in the area, handling illegal infringing vessels in accordance with the law and further tightening control over relevant waters to resolutely safeguard national territorial sovereignty and maritime rights and interests.

TREE NEWS update: Guangzhou’s housing and construction bureau, planning and natural resources bureau, and the Guangdong branch of the National Financial Regulatory Administration issued implementation rules for the national notice on improving commercial housing sales. Developers taking deposits on completed homes must hold a construction permit, sign a deposit contract, and may not charge more than 5% of the total price. Deposits must go into a supervised account and stay frozen until completion filings and utility and public-facility acceptance are done.

TREE NEWS update: Guangzhou’s housing and construction bureau, planning and natural resources bureau, and the Guangdong office of the national financial regulator issued implementation opinions on the notice improving the commercial housing sales system. For commercial housing projects whose state-owned construction land use right transfer announcements are published after August 28, 2026, presale requires the single building’s main structure to be topped out. Projects that obtained (or partly obtained) construction planning permits by that date but lack presale permits follow existing city rules on presale conditions and escrow.

TREE NEWS reports: China’s September RatingDog manufacturing PMI rose to a five-month high, the survey showed. The reading marks the strongest pace of factory activity in five months, extending the improvement in the country’s manufacturing sector. No further figures were disclosed.

TREE NEWS reports: The US dollar extended its decline against the Japanese yen, with the intraday drop widening to 0.4%. The move marks a continued softening of the greenback versus the yen during the session.

TREE NEWS update: China’s Ministry of Commerce said Brazilian beef imports reached 100% of the safeguard-trigger quantity set out in Ministry Announcement No. 87 of 2025 on September 29, 2026. From midnight on October 1, the third day after the trigger, beef imported from Brazil will face an additional 55% tariff on top of the currently applicable rate.

TREE NEWS update: Vice Minister of Finance Liao Min led a Chinese delegation to the 25th Ministerial Conference of the Central Asia Regional Economic Cooperation (CAREC) mechanism, held in Ulaanbaatar, Mongolia, on September 29. The meeting, themed “25 Years of Partnership — Shaping the Future Together,” reviewed the mechanism’s 25-year history and discussed future cooperation, deepening connectivity and using artificial intelligence to promote regional development. Liao spoke at the session.

TREE NEWS reports: China’s September manufacturing PMI for large enterprises held at 50.6%, unchanged from August, keeping large firms in expansion, the National Bureau of Statistics said. Medium-sized manufacturers’ PMI rose 0.3 point to 49.7% and small firms’ gauge climbed 1.0 point to 48.9%, leaving both still below the 50 mark that separates expansion from contraction.

TREE NEWS reports: China’s National Bureau of Statistics said the services business activity index came in at 50.2 in September, up 0.9 percentage points from the previous month and back above the 50 threshold separating expansion from contraction. The construction business activity index stood at 50.3, up 3.4 percentage points, returning to expansion territory.

TREE NEWS update: CATL has begun production at its new cell plant in Debrecen, Hungary, the largest overseas power-battery manufacturing base built by a Chinese company. The project has a planned capacity of 100GWh and total investment of about €7.34 billion, spanning roughly 221 hectares in the city’s southern economic zone. At full capacity, the 100GWh annual output can supply more than a million electric vehicles.