Flash News

TREE NEWS update: SK Hynix’s labor-management agreement was approved in a renewed union vote, the company’s union said. The re-vote followed an earlier rejection of the deal by union members. No details on the vote margin or the terms of the agreement were immediately disclosed.

TREE NEWS reports: Japan’s 30-year government bond yield rose 3 basis points to 4.18%, a move that lifts long-end sovereign borrowing costs. The shift in the ultra-long tenor comes as investors watch Japan’s rate trajectory, with the 30-year yield now at 4.18% following the 3bp increase.

TREE NEWS reports: Japan’s Nikkei 225 opened 0.1% higher, while South Korea’s Kospi opened 0.2% lower. The two benchmark indexes moved in opposite directions at the open.

TREE NEWS reports: China is set to issue, or is currently issuing, local government bonds. The material provides no further details on the size, timing, maturities or issuing regions of the bond sales. No figures or specific provinces were named.

TREE NEWS update: The Export-Import Bank of China issued a 1-year bond with a size of 3 billion yuan, at an issuance rate of 0.0000% against an expected 0.0000%. The bid-to-cover ratio was 1.00 times and the marginal ratio was 1.00 times.

TREE NEWS reports: Japan’s imports rose 28% year-on-year in August, compared with a 27.8% increase in the previous month. The reading points to continued import cost pressure for the world’s third-largest economy. No further breakdown of the figures was immediately available.

TREE NEWS reports: Japan posted an unadjusted merchandise trade deficit of ¥1.1056 trillion in August, widening from a ¥634.5 billion shortfall the previous month. The larger gap reflects a further deterioration in the country’s trade balance for the month.

TREE NEWS reports: Japan’s core machinery orders rose 11.2% year-on-year in July, easing from a 16.9% gain the previous month. The reading marks a slower pace of growth in a key gauge of corporate capital spending. No further breakdown of the month-on-month or quarterly figures was provided in the release.

TREE NEWS reports: A-share IPO underwriting volume has already surpassed all of 2025, with CICC leading the underwriting league table, CITIC Securities climbing sharply from its first-half ranking and Guotai Haitong topping the list by number of deals. First-day trading performance of new listings has diverged, while several brokerages reported higher first-half underwriting revenue.

TREE NEWS reports: Hong Kong’s IPO market has raised more than HK$360 billion (including over-allotment) so far this year, ranking among the world’s top exchanges. As of September 15, 34 mainland A-share listed companies had completed Hong Kong listings in 2025, with 105 more queued at the Hong Kong Stock Exchange. Recent debutants include Victory Giant Technology, Luxshare Precision and Zhongji Innolight.

TREE NEWS update: Shanghai Pudong Development Bank said it will adjust its agency business for individual precious metals trading on the Shanghai Gold Exchange, halting the service at a time of its choosing after Sept. 25 and closing trading access via mobile banking, online banking and branch counters. Several other Chinese banks have also adjusted such personal precious metals agency services this year, as banks weigh fee income against the credit risk of client losses exceeding margin.

TREE NEWS update: China’s Gravity-1 Y3 rocket lifted off from the East China Sea on Sept. 16, placing eight Qianfan constellation satellites and one ultra-high-speed wireless communication test satellite into orbit. Developer Orienspace (Dongfang Kongjian) said the mission set a national record for payload weight and orbital altitude in a single sea launch, with a net payload above 3 tonnes and an insertion altitude of about 800 km.

TREE NEWS update: Amazon Web Services said Tuesday it still cannot restore access to some cloud computing facilities in Bahrain and the UAE, more than six months after drone strikes damaged them in the early days of the Iran war. In March, two AWS data centers in the UAE were hit directly by drones, and a third facility was damaged by a nearby strike. It was the company’s first public update since April.

TREE NEWS update: Canadian Prime Minister Mark Carney on Sept. 15 announced a five-year, C$36 billion “productivity super deduction” expanding immediate expensing of capital expenditures to oil and gas pipelines, mining assets, fibre-optic cable, computer equipment and domestically built buses, cutting Canada’s marginal effective tax rate on new investment from 13% to 6.4%, the lowest in the G7. He also pledged to open operations at Toronto Pearson, Vancouver, Montreal and Calgary airports to private capital via long-term concession leases while retaining public land ownership, and set a “one project, one review, one year” approval standard.

TREE NEWS reports: Advisor portfolios at China’s Harvest Fund, Zhong Ou Asset Management and Wan Jia Fund have disclosed new position adjustments, shifting within technology sub-sectors while increasing allocations to pharmaceuticals and gold, divergent range. The moves reflect a tilt toward lower-crowding trades and greater certainty in returns.

TREE NEWS reports: Global equity markets remain volatile and A-share turnover has thinned as investors await the Federal Reserve’s September rate meeting this week. Several leading Chinese stock-focused private fund managers said the Fed decision could significantly affect overseas markets and the short-term rhythm of A-shares, noting a rate hike is already fully priced and the real variable is the wording and pace of the policy path ahead. They are positioning for both offense and defense, prioritizing drawdown control and earnings, with differing trading approaches.

TREE NEWS update: China launched nine satellites aboard a Gravity-1 Y3 rocket from the eastern waters off Shanghai at 6:00 a.m. on September 16, Taiyuan Satellite Launch Center said. The payload comprised the Qianfan polar-orbit Group 26 satellites and an EUHT technology test satellite, all placed into their planned orbits. The flight was the fourth for the Gravity-1 launch vehicle.

TREE NEWS update: A joint notice from the People’s Bank of China and the State Administration of Foreign Exchange took effect on Sept. 14, extending multinational companies’ cross-border local and foreign currency centralized cash management from pilot regions to the whole country. First cases have since landed in Tianjin, Zhejiang, Fujian, Shandong and Chongqing, while several regions have launched or optimized integrated local-foreign currency cash pool pilots since September.

TREE NEWS reports: Japan releases August trade and July core machinery orders at 07:50 Beijing time, followed by UK August CPI at 14:00 and euro-area July industrial output at 17:00. US August retail sales and import/export price indexes are due at 20:30. The Federal Reserve publishes its FOMC rate decision and economic projections, including the dot plot, at 02:00 the next day, with the Brazilian central bank’s rate decision at 05:30.

TREE NEWS reports: Chinese hard-tech ETFs pulled in more than 50 billion yuan ($7bn) of net inflows over the past month, Choice data show, with science-tech 50, semiconductor, telecom and artificial intelligence themes leading the gains. Technology-focused funds have also launched in quick succession, and newly listed ETF holder rosters frequently feature industrial capital and institutional investors.