Flash News

TREE NEWS update: The UN Environment Programme reported on the 2nd that global warming will likely exceed the 1.5°C threshold in the coming years. It urges measures to limit the magnitude and duration of overshoot, pushing temperatures back below 1.5°C as soon as possible.

TREE NEWS update: At a regular press conference on March 3, Chinese Commerce Ministry spokesperson Huang Ling responded to EU Trade and Economic Security Commissioner Maros Sefcovic’s remarks on China-EU trade. Huang stressed that consultations at all levels should adhere to the stable and balanced partnership, resolve concerns equally, and not unilaterally set conditions or threaten market closures.

TREE NEWS update: China’s Ministry of Commerce on Tuesday reiterated its opposition to unilateral US sanctions imposed without UN Security Council authorization, citing repeated US actions against Chinese enterprises and individuals over Iran. The ministry urged Washington to immediately correct its actions and revoke the sanctions, warning that the measures disrupt normal international trade and global energy security.

TREE NEWS update: At the 2026 World Power Battery Conference in Yibin, Sichuan, the Power Battery Industry Development Index (2026) was released, ranking CATL, BYD, and LG Energy Solution as the top three comprehensive performers among enterprises, excelling in scale, innovation, and sustainability.

TREE NEWS reports: European luxury stocks declined, with shares of LVMH, Kering, and Hermes falling between 1.9% and 2.6%. The move reflects weakness in the sector amid broader market concerns.

TREE NEWS update: Chinese President Xi Jinping attended the 2026 Shanghai Cooperation Organization summit and paid state visits to Kyrgyzstan and Egypt, as announced by Foreign Minister Wang Yi. The trips aim to promote development and revitalization among nations and reform global governance.

TREE NEWS update: Researchers at EPFL have developed a gallium nitride transistor with a breakdown voltage near 4000 volts while maintaining low resistance, surpassing commercial devices by five times. The device could be used in AI data centers, renewable energy systems, and electric vehicles. The findings were published in Nature Electronics.

TREE NEWS update: US retail diesel prices have reached a four-year high, driven by tight global supply. The surge reflects strained inventories and strong demand amid ongoing supply disruptions worldwide. This marks a notable escalation in fuel costs for American consumers and businesses.

TREE NEWS update: China’s National Disease Control and Prevention Administration reported at a press conference that over 5.2 million eligible school-age girls nationwide have completed their first dose of the HPV vaccine, with smooth overall progress. The update was provided during a briefing on disease prevention for the new school term.

TREE NEWS update: China’s commerce ministry on Friday voiced firm opposition to US Treasury Secretary Bessent’s recent remarks, saying that using G20 platforms to hype ‘economic imbalance’ and ‘overcapacity’ is protectionism and an excuse to pressure China. Spokesperson Huang Ling said such rhetoric disrupts global trade and harms economic growth, urging multilateralism and cooperation.

TREE NEWS reports: Ether ETFs saw $48 million in outflows on Wednesday, ending a 12-day streak that had attracted $1.62 billion. XRP funds also halted an 11-session inflow run. Meanwhile, Bitcoin funds rebounded, though specific figures were not provided.

TREE NEWS update: Term Labs announced that all fixed-rate lending positions have been restored, with the final recovery operation completed on August 25 at 14:52 UTC. The impact was limited to liquid assets in Term Vaults; Term V1 and V2 contracts were not attacked, and direct lending markets remain operational. The attacker funded wallets via Tornado Cash and exploited governance delays to drain ETH and USDC from strategies.

TREE NEWS update: On September 2, Tencent launched its WorkBuddy open platform, with the Tencent Self-Select Stocks app among the first 30+ industry applications to join its ecosystem. The app leverages Tencent’s proprietary industry expertise and mature investment research frameworks, integrating real-time market data for A-shares, Hong Kong, and US stocks, along with vast financial news, to provide investment research and analysis support.

TREE NEWS update: At the 2026 World Power Battery Conference in Yibin, Sichuan, Vice Minister of Industry and Information Technology Xiong Jijun said the ministry will further regulate competition order, strengthen industry monitoring and capacity warnings, and curb low-price competition and blind expansion. It will also promote new energy heavy-duty truck applications and expand battery uses in storage, transportation, and embodied AI.

TREE NEWS update: China’s commerce ministry on Friday urged France to immediately stop implementing its anti-fast-fashion law, which Beijing says violates WTO non-discrimination principles under the guise of environmental and sustainability standards. Spokesperson Huang Ling warned that if France persists, China will take necessary measures to protect Chinese enterprises, with all consequences borne by France.

TREE NEWS reports: ANZ Group analysts Soni Kumari and Daniel Hynes forecast that copper prices could reach a record high early next year, driven by US tariff concerns, supply challenges, and resilient global demand. Speculation of US tariffs on copper imports has boosted flows into the US, supporting prices, while EV and renewable infrastructure investment lifts demand and South American supply faces pressure.

TREE NEWS update: Mexican Foreign Minister Alicia Bárcena will visit China on September 6-7 at the invitation of Chinese Foreign Minister Wang Yi, the Chinese Foreign Ministry announced. The visit underscores ongoing diplomatic engagement between the two nations.

TREE NEWS update: The National Disease Control and Prevention Administration warned on Friday that risks of school-common infectious diseases such as influenza, norovirus and hand-foot-mouth disease are rising as the new semester begins. COVID-19 cases have fallen for three consecutive weeks, while dengue and other mosquito-borne diseases remain prevalent in southern provinces.

TREE NEWS reports: The dollar-yen pair fell to 156.5, now at 156.393, marking a 2.1% decline over the past 24 hours. This move reflects yen strength against the dollar, though specific drivers were not detailed.

TREE NEWS update: Geely Holding Group said it will fully implement China’s new guidelines on overseas competition and compliance for the auto industry, aiming to support high-quality exports of Chinese vehicles. The company pledged to uphold fair competition, strengthen local operations, and enhance technology and service to protect the global auto market order.