Flash News

TREE NEWS update: China’s largest-diameter dual-shield hard rock tunnel boring machine, the Yuexi, rolled off the production line in Sichuan on the 24th, with a bore diameter of 13.01 metres and a total weight exceeding 3,500 tonnes. The machine carries a full-process intelligent construction system and can handle complex conditions including large soft-rock deformation and fault fracture zones. It will be deployed on the Yuexi tunnel of the Jinkouhe-Xichang expressway.

TREE NEWS reports: The Shenzhen Component Index fell more than 1% while the Shanghai Composite dropped 0.44% and the ChiNext Index lost 0.91%, with precious metals, real estate, baijiu and tourism leading the declines. Nearly 3,500 stocks fell across the Shanghai, Shenzhen and Beijing exchanges.

TREE NEWS update: China’s State Council Information Office will hold a press conference at 3 p.m. on Monday, September 28, 2026, on implementing the 15th Five-Year Plan and advancing high-quality development of central state-owned enterprises. SASAC spokesperson and vice chairman Pang Xiaogang will present the briefing and take questions from reporters.

TREE NEWS reports: The Hang Seng Tech Index dropped 1% to 4,335.07 points. The decline marks a lower close for the Hong Kong-listed technology gauge tracking the city’s largest tech companies.

TREE NEWS update: Japanese Finance Minister Satsuki Katayama said the foreign-exchange principles established since the joint Japan-US intervention in the currency market remain valid. Katayama declined to comment on specific currency levels. The remarks reaffirm the policy framework guiding Tokyo’s approach to the yen after the coordinated action with Washington.

TREE NEWS reports: China’s National Bureau of Statistics said prices for hogs (foreign three-way crossbreed) fell 2.7% from early September to 10.7 yuan per kilogram in mid-September 2026. Across 50 key production materials in nine categories, 21 products rose in price, 26 fell and three were unchanged during the period.

TREE NEWS update: The Zhejiang Provincial Development and Reform Commission convened a meeting on the afternoon of September 23 to advance key service-industry work. Officials called for focusing on priority and distinctive tracks tailored to local conditions, leveraging specialized markets and digital-economy platforms as key vehicles for clustering and demonstration, and drawing up clear, concrete task lists to accelerate a batch of landmark outcomes.

TREE NEWS reports: The Australian dollar weakened against the US dollar following the release of Australia’s August employment report. The currency pair moved lower as the labor market data hit the market. No further figures were immediately available.

TREE NEWS reports: Australia’s unemployment rate came in at 4.6% for August, exceeding the 4.5% forecast and up from the prior 4.5% reading. The print marks a slight deterioration in the labour market from the previous month.

TREE NEWS reports: Australia’s full-time employment fell by 6,300 in August, swinging from a revised gain of 16,300 in July, official labour force data showed. The monthly change in full-time positions turned negative after the prior month’s increase, marking a reversal in the country’s full-time hiring trend.

TREE NEWS reports: The CSI Convertible Bond Index opened 0.01% higher. Shanlu Convertible Bond led the gainers with an 8.75% rise, followed by Sanjiang, Sifang, Haomei and Lidao bonds, up 0.95%, 0.91%, 0.90% and 0.88% respectively. On the downside, Lianrui Convertible Bond fell 1.78%, with Yitian, Dinglong, Youcai and Qiangda bonds down 1.44%, 1.12%, 0.89% and 0.88%.

TREE NEWS reports: China’s treasury bond futures opened higher on the latest trading session, with the 30-year main contract up 0.21% and the 10-year main contract up 0.04%. The 5-year main contract rose 0.02%, while the 2-year main contract was flat at 0.00%.

TREE NEWS reports: China’s major stock indices opened lower on the session, with the Shanghai Composite at 3925.32, down 0.28%. The Shenzhen Component fell 0.45% to 13575.07, the ChiNext shed 0.38% to 3366.89, and the CSI 300 dropped 0.39% to 4499.86. The STAR 50 slipped 0.49% to 1652.69, while the CSI 500 and CSI 1000 also declined.

TREE NEWS update: The People’s Bank of China conducted a 51.5 billion yuan seven-day reverse repurchase operation on the day, keeping the rate unchanged at 1.4%. The operation came as 162 billion yuan of reverse repos matured the same day, resulting in a net withdrawal of 110.5 billion yuan from the banking system.

TREE NEWS reports: Hong Kong’s Hang Seng Index opened 0.74% lower at 24,649.45 points, while the Hang Seng Tech Index dropped 0.78%. Among tech names, Iluvatar CoreX fell more than 3% and MINIMAX declined more than 2% in early trading.

TREE NEWS reports: The New Taiwan dollar weakened 0.3% against the US dollar on Thursday, trading at 31.812. The move marks a continued softening of the Taiwanese currency, which has been pressured by broad US dollar strength in recent sessions.

TREE NEWS reports: The People’s Bank of China set the yuan’s central parity rate at 6.7489 per dollar, 21 pips weaker than the previous fix of 6.7468. The onshore spot closed the prior session at 6.7065, while the overnight session ended at 6.7108.

TREE NEWS reports: Taiwan’s weighted stock index opened down 0.2% at 48,075.39 points. The benchmark, which tracks the Taiwan Stock Exchange, slipped at the open.

TREE NEWS reports: China commodity futures opened higher, with the front-month crude oil contract up more than 4%. BR rubber, fuel oil and LU fuel oil each rose over 3%, while styrene, pure benzene, No. 20 rubber, PTA, paraxylene and liquefied petroleum gas gained more than 2%. Shanghai silver fell more than 2%.

TREE NEWS reports: FTSE China A50 index futures opened 0.39% lower, following a 0.50% decline in the prior trading session’s night session. The early move extends the previous session’s losses for the benchmark tracking China’s largest A-share companies.