Flash News

TREE NEWS reports: The People’s Bank of China set the yuan’s central parity rate at 6.7487 per dollar, 34 pips stronger than the previous fix of 6.7521. The onshore yuan closed the prior session at 6.6973, while the overnight session last traded at 6.6984.

TREE NEWS reports: Global smartphone shipments are forecast to contract 12% in 2026, while total market value grows 12% to $651.6 billion. The market is shifting toward higher price tiers: the share of smartphones priced under $200 will fall sharply, while devices above $800 will rise to 28.4% of the mix.

TREE NEWS reports: Taiwan’s TAIEX weighted stock index opened nearly flat on the session, with the benchmark holding close to its previous close. No figure for the move was given in the material. The index is Taiwan’s main equity benchmark, tracking listed companies on the Taiwan Stock Exchange.

TREE NEWS reports: Chinese commodity futures opened lower, with the front-month crude oil contract falling more than 3% and rapeseed meal dropping over 2%. Lithium carbonate, fuel oil, coking coal, container shipping (Europe route), liquefied petroleum gas and coke each declined more than 1%. Pulp and methanol bucked the trend, rising more than 2%.

TREE NEWS reports: FTSE China A50 index futures opened 0.06% higher in early trading, after closing the previous night session up 0.01%. The modest gain extends a quiet overnight move in the Singapore-listed contract tracking the 50 largest A-share companies.

TREE NEWS reports: The combined margin financing balance across the Shanghai and Shenzhen stock exchanges stood at 2.60 trillion yuan (26002.76 billion) as of September 18, down 12.50 billion yuan from the previous trading day. The Shanghai exchange’s margin balance rose 4.57 billion yuan to 1.33 trillion yuan, while the Shenzhen exchange’s fell 17.07 billion yuan to 1.27 trillion yuan.

TREE NEWS reports: China Foreign Exchange Trade System (CFETS) reported its renminbi exchange rate index rose 1.05 week-on-week to 102.54 as of Sept 18. The index tracks the yuan against a basket of trading-partner currencies. The weekly gain reflects the renminbi’s firmer tone against major peers over the period.

TREE NEWS reports: The People’s Bank of China faces CNY272 billion of maturing 7-day reverse repurchase agreements during the September 21-24 period. No repos mature on Monday or Tuesday, while CNY110 billion comes due Wednesday and CNY162 billion Thursday.

TREE NEWS reports: South Korea’s exports for September 1-20 rose 78.3% year on year to a record $71.4 billion for the period, driven by a 259.4% jump in semiconductor shipments, customs data showed. On a per-working-day basis, exports were up 89.8%. The $71.4 billion figure marks the highest 20-day export total on record.

TREE NEWS reports: ANZ now expects the Reserve Bank of Australia to raise its policy rate by 25 basis points in September and by another 25 basis points in November. The bank’s revised call points to two further hikes this year, tightening monetary policy at both meetings.

TREE NEWS reports: US equity futures moved modestly higher, with S&P 500 futures up 0.3% and Nasdaq 100 futures up 0.4%. The gains point to a slightly firmer open for Wall Street, with technology-heavy names leading the pre-market advance.

TREE NEWS reports: South Korea’s KOSPI extended its advance to 1.6%, with Samsung Electronics shares climbing 3%. The move lifted the benchmark index on gains in the country’s largest listed company.

TREE NEWS reports: South Korea’s KOSPI opened up 0.6% on Monday, while Japanese stock markets were shut for a public holiday. The early gain in Seoul came with trading in Tokyo closed, thinning regional liquidity for the session.

TREE NEWS reports: South Korea’s exports for the first 20 days of September rose 78.3% year-on-year, accelerating sharply from a 56% gain in the prior reading. The preliminary customs data point to a strong rebound in outbound shipments for the period.

TREE NEWS update: China is set to issue government bonds and policy financial bonds, with offerings either upcoming or currently in progress. The issuance covers sovereign debt and bonds from policy banks, a routine funding operation by the Chinese government and state-backed lenders. No size, pricing or specific dates were disclosed in the available material.

TREE NEWS reports: CSC Financial said in a research note that A-shares have entered a second recovery phase, as the macro tug-of-war from Middle East geopolitical conflict that pushed up oil prices and US Treasury yields has played out for now, with oil and long-end US yields falling back. It flagged domestic easing and a stable yuan, with the market’s focus returning to earnings, while warning that overseas rates, the durability of the oil pullback and the late-October FOMC meeting remain external risks.

TREE NEWS reports: Huatai Securities said in a Hong Kong equity strategy note that rate volatility has eased after the FOMC meeting but point-level risk persists, and earnings expectations have yet to recover. The brokerage said Hong Kong stocks may see a short-term technical rebound, though its timing and scale remain uncertain, as tightening overseas liquidity and lackluster domestic fundamentals continue to cap valuations.

TREE NEWS reports: Huatai Securities said in an A-share strategy note that the rebound is likely to continue after the Fed rate hike, with tech benefiting as near-term overseas liquidity uncertainty fades. But weak domestic economic and credit data, a narrowing earnings recovery and caution ahead of the National Day holiday should cap upside, it said, keeping a rebound rather than a trend call. Mid-term structural opportunities remain, with a neutral tone.

TREE NEWS update: Economists at the 2026 Tsinghua PBCSF Chief Economist Forum on September 19 called for deeper reform and opening of China’s capital markets under the 15th Five-Year Plan. They cited rising resilience in the A-share market and continued inflows of long-term capital as key supports, and urged better rules to attract foreign entities to use the renminbi for cross-border investment and financing.

TREE NEWS reports: China’s passive index bond funds crossed the 2 trillion yuan mark for the first time, reaching 2.06 trillion yuan across 384 funds as of September 18, Wind data showed. Bond ETFs accounted for 9,827 billion yuan of that total, nearing the 1 trillion yuan threshold and making up 19.78% of all ETF assets. The shift toward passive bond investing is accelerating on low interest rates and product innovation.