Flash News

TREE NEWS update: The 2026 China Private Enterprise Investment and Financing Fair opened in Tianjin on September 22, themed “Scenario Innovation, Tech-Finance Synergy — Promoting High-Quality Development of the Private Economy.” The event focuses on application-scenario supply, financing matchmaking and industrial-chain coordination, and comprises one main event, four branded events and multiple themed sessions.

TREE NEWS update: Spanish Prime Minister Pedro Sanchez said on September 22 in New York that Spain firmly opposes any attempt to dismantle multilateralism. Speaking at the “Partners for Multilateralism” event, he stressed defending universal and inclusive multilateralism, commitment to diplomacy and opposition to war, and support for sustainable development and a fairer international financial system, along with more inclusive and legitimate multilateral institutions.

TREE NEWS update: China’s electrification rate has already surpassed 29% and is projected to rank first among the world’s major economies by 2030, according to an annual electrification development report released on the 22nd by the China Electricity Council. The report forecasts China leading global peers in the share of electricity in final energy consumption by the end of the decade.

TREE NEWS update: Iranian sources have denied reports of an agreement to reopen the Strait of Hormuz. The denial was carried by Iran’s Fars News Agency. No further details on the reported deal or the identity of the sources were provided.

TREE NEWS update: China will push its BeiDou satellite navigation industry to exceed 1 trillion yuan in scale within five years during the 15th Five-Year Plan period, the National Development and Reform Commission said at a press conference. The plan targets new breakthroughs in market-driven, industrialized and international application of BeiDou.

TREE NEWS update: US President Donald Trump said the country’s ammunition stockpiles are not low, adding that US munitions production has reached a record high. The remarks, made in a statement, push back on concerns about US weapons inventories. No figures were provided for current stockpile levels or production volumes.

TREE NEWS update: US Secretary of State Marco Rubio said he does not believe any meeting is arranged between President Donald Trump and Iran’s president. Rubio made the remark on Tuesday. No further details on the schedule or participants were provided.

TREE NEWS update: New York City Mayor Mamdani again called Israeli Prime Minister Benjamin Netanyahu a war criminal in an interview aired on CNN on September 22, accusing him of orchestrating what he described as a horrific genocide against the Palestinian people. The remarks came as Israeli media reported Netanyahu is set to depart for New York on September 23 to attend the UN General Assembly.

TREE NEWS update: China’s Mindong Electric said its shares rose 100.02% in cumulative deviation over 10 consecutive trading days, climbing from 10.43 yuan on Sept. 9, 2026 to 20.91 yuan on Sept. 22, while fundamentals were unchanged. First-half 2026 revenue fell 17.65% to 237 million yuan and net profit attributable to shareholders dropped 58.68% to 29.41 million yuan. The company said it has no computing-power/grid coordination, green power direct-connection or smart-grid business, its virtual power plant is not yet commercialized, and its offshore wind projects have generated no revenue.

TREE NEWS reports: Bernstein forecasts global prediction market volume will reach $10 trillion by 2035, with financial assets overtaking sports as the main driver of growth. The projection points to expanding financial-asset markets as the key catalyst for the sector’s long-term expansion.

TREE NEWS update: China’s Ministry of Finance released a draft guidance on accelerating accounting digitalization for public comment. The draft sets out guiding principles and overall goals, and calls for stronger regulatory and institutional safeguards, including an evaluation mechanism and case-promotion system for accounting digitalization. It also proposes a standards framework covering accounting data, management accounting metrics, internal control reporting, sustainability disclosure, digital confirmations, CPA audit data and digital accounting products, plus international cooperation on standards.

TREE NEWS update: A radiation monitoring station roughly 13 kilometers from the Zaporizhzhia nuclear power plant was damaged after a Ukrainian drone attack, the plant said on the 22nd local time. The station’s monitoring equipment sustained damage in the strike, the plant stated, without providing further details on the extent of the damage or any radiation release.

TREE NEWS reports: India’s 10-year government bond yield dropped 5 basis points to 7.01%. The move reflects the latest shift in benchmark sovereign debt pricing, with the yield easing from its prior level.

TREE NEWS reports: Nvidia’s forward price-to-earnings ratio has dropped below 17 times estimated earnings for the next 12 months, its cheapest level in more than a decade. That is roughly half the level seen in 2025, when revenue and profit growth were slower, and well below the more than 25x forward P/E reached in May. The declining valuation is flashing a warning signal about whether the chipmaker can sustain its explosive earnings growth.

TREE NEWS update: The 2026 World New Energy Vehicle Congress opened in Haikou, Hainan Province, under the theme “Transformation and Upgrading, Resilient Growth.” The event showcases electric and intelligent innovation achievements in new energy vehicles and hosts discussions on frontier technology, industrial and supply chain security, and global cooperation.

TREE NEWS update: The fifth RCEP ministerial meeting since the pact took effect was held in Manila on September 21, with China’s Vice Minister of Commerce Yan Dong attending. Participants reaffirmed commitment to open, free, fair and rules-based trade, welcomed working groups on membership for Bangladesh, Chile, Hong Kong and Sri Lanka, and will draft a joint scope document for an RCEP upgrade, aiming to announce its launch at the 2027 ministerial meeting.

TREE NEWS update: Belarusian President Alexander Lukashenko said on the 21st that Belarus is currently unable to supply the United States with large volumes of potash fertilizer. The same day, US sources said Washington is pushing for an agreement to purchase potash from Belarus on a “large scale.”

TREE NEWS update: CATL started trial production on the first two lines of the initial cell building at its Debrecen plant in Hungary on September 22, with total planned capacity of 100GWh. The lines have entered equipment and manufacturing process debugging, optimization and validation ahead of formal mass production.

TREE NEWS update: Chinese Vice Premier Zhang Guoqing called for stricter full-chain food safety supervision at the 2026 National Food Safety Week main event held in Beijing on Wednesday. Zhang, a member of the Politburo, said the “four strictest” requirements must be implemented consistently, with tighter controls across production, storage, transport and sales, and urged platform companies and testing and certification bodies to fulfill their responsibilities.

TREE NEWS reports: Saudi Arabia is expected to resume oil shipments from Yanbu port this week, with the kingdom testing its East-West crude pipeline, people familiar with the matter said. The pipeline is expected to come back into service within the week. The move would restore a key export route for Saudi crude.