Flash News

TREE NEWS update: Chinese Foreign Ministry spokesperson Guo Jiakun said at a regular press briefing that China will continue to firmly support Cuba in pursuing a socialist development path suited to its national conditions, and in safeguarding its national sovereignty against foreign interference. Guo noted the two countries have maintained diplomatic ties for 66 years, with their friendship passing down through generations regardless of changes in the international landscape.

TREE NEWS update: China Development Bank issued a 1-year bond worth 3 billion yuan at a coupon of 1.3900%, slightly above the expected 1.3800%. The bid-to-cover ratio came in at 2.81 times, while the marginal bid-to-cover ratio was 7.58 times.

TREE NEWS update: China’s Foreign Ministry said Beijing will participate in the election of the next UN secretary-general with a responsible attitude, declining to confirm which candidate it backs. Spokesman Guo Jiakun said at a regular briefing that the selection concerns UN reform and member states’ interests, and that China supports choosing a new secretary-general who upholds the UN Charter, is capable, fair and committed to the job.

TREE NEWS update: China’s foreign ministry said its position on TikTok remains consistent and clear, after Germany’s culture and media minister said Europe should follow the US approach and keep TikTok’s European operations in European hands. Ministry spokesman Guo Jiakun made the remark at a regular press briefing in response to a dpa question about the minister’s interview comments.

TREE NEWS update: Chinese Foreign Ministry spokesman Guo Jiakun said Xi Jinping made a successful state visit to the United States from September 23 to 25 at President Trump’s invitation, during which the two heads of state reached a series of important consensus on building a constructive China-US strategic stability relationship based on respect, fairness and reciprocity. Both sides agreed to support each other’s hosting of APEC and G20 summits, and China is willing to work with the US to implement the consensus, Guo said.

TREE NEWS update: China’s Foreign Ministry said on August 28 that Beijing is willing to maintain communication with the United States through channels including the intergovernmental dialogue on artificial intelligence. Spokesperson Guo Jiakun told a regular press briefing that China takes a constructive and responsible approach to global AI governance and advocates the UN playing a central role in building a fair global AI governance system.

TREE NEWS update: China’s Experimental Advanced Superconducting Tokamak (EAST) marked 20 years of operation on Wednesday, with more than 160,000 plasma runs since it began operating in 2006, the Institute of Plasma Physics under the Chinese Academy of Sciences said. EAST, China’s self-designed and self-built device, is the world’s first fully superconducting non-circular cross-section tokamak.

TREE NEWS reports: Egypt warned Israel at least three times before Hamas’s Oct. 7, 2023 attack, including a secret visit by Egyptian intelligence chief Kamel two weeks prior and a phone call to Prime Minister Netanyahu days before, The Wall Street Journal reported on the 27th. With less than a month until Israel’s parliamentary election, multiple US media outlets have reported that Egypt and the UAE repeatedly warned Israeli officials, including Netanyahu, of signs Hamas was preparing an assault.

TREE NEWS update: Chinese commercial fusion company ENN said its “Xuanlong-50U” device achieved a hydrogen-boron fusion reaction, calling it the first such reaction by a commercial fusion company on its own machine and China’s first magnetically confined device to run clean, neutron-free fusion with advanced fuels. The company did not disclose the date or location of the test.

TREE NEWS update: US President Donald Trump on September 27 local time described the meeting between US and Chinese heads of state as “excellent” and “very productive,” speaking to the media. Trump made the remarks when asked about the summit. He offered no further details on the discussions or any agreements reached.

TREE NEWS reports: Spot silver fell 5.0% intraday to $61.07 an ounce, while spot gold dropped 2.8% to $4,163.08 an ounce, extending a broad decline in precious metals. Both metals weakened through the session as selling pressure persisted.

TREE NEWS update: China CITIC Bank said it will run a fee discount period for its personal gold accumulation plan from 0:00 on Oct 1, 2026 to 24:00 on Nov 30, 2026, with the exact schedule subject to actual conditions. During the promotion, the real-time purchase fee rate stays at 0.30% and the regular investment plan fee rate also stays at 0.30%. The promotion does not change sell fees, and selling remains free of charge during the period.

TREE NEWS reports: China’s treasury bond futures closed lower across all tenors. The 30-year main contract fell 0.20%, the 10-year contract slipped 0.05%, the 5-year contract dropped 0.04%, and the 2-year contract eased 0.02%.

TREE NEWS update: UK housebuilder shares rose after the government said it will confirm a homebuyer loan scheme in its October budget. The confirmation signals the programme will be included in the upcoming fiscal plan, lifting sentiment toward the sector. No further details on the scheme’s size or structure were provided.

TREE NEWS reports: Silver dropped 5.0% in New York trading to $61.56 an ounce, extending a sharp intraday decline. The move marks one of the metal’s steepest single-day percentage losses in recent sessions. No specific catalyst was cited in the data.

TREE NEWS reports: Combined turnover on the Shanghai and Shenzhen stock exchanges reached 1.702799 trillion yuan on September 28. The Shanghai market accounted for 804.544 billion yuan, while Shenzhen contributed 898.255 billion yuan. The ChiNext board recorded 433.230 billion yuan.

TREE NEWS reports: China’s growth-focused ChiNext index closed down 4.53% and the Shenzhen Component fell 3.44%, while the Shanghai Composite slipped 1.67%, with more than 4,500 stocks across the Shanghai, Shenzhen and Beijing exchanges ending lower. Turnover reached 1.72 trillion yuan. Auto, wind-power equipment and pork names bucked the selloff, while computing hardware, precious metals, semiconductors and consumer electronics led losses.

TREE NEWS reports: European equities opened modestly higher, with the Euro Stoxx 50 up 0.10%, Germany’s DAX up 0.21% and the UK’s FTSE 100 up 0.36%. France’s CAC 40 led the gains, rising 0.40% at the open.

TREE NEWS reports: China’s domestic futures market closed mixed on the day, with lithium carbonate and Shanghai silver each dropping more than 5%, hogs down 4%, and jujube, palladium, Shanghai gold, glass, coking coal and caustic soda all falling over 2%. On the upside, the container shipping Europe route rose nearly 7%, methanol gained over 4%, fuel oil over 3% and propylene over 2%.

TREE NEWS update: HIMA Alliance, Huawei’s smart automotive alliance, said cumulative deliveries of its full lineup exceeded 1.55 million vehicles as of September 16, 2026, with cumulative assisted-driving mileage surpassing 12.195 billion kilometers. The figures were disclosed at the September 28 launch event for the Zhijie RX and new HIMA Alliance products.