Flash News

TREE NEWS update: Iran’s Islamic Revolutionary Guard Corps said its aerospace force intercepted and destroyed an MQ-1 drone in the early hours of September 15 in airspace west of the Strait of Hormuz. The IRGC announced the action in a statement the same day.

TREE NEWS reports: The Shanghai Composite ended the morning session at 3881.41, down 0.10%, while the Shenzhen Component rose 0.04% to 13389.63. The ChiNext Index fell 0.18% to 3279.62 and the CSI 300 slipped 0.01% to 4479.47. The STAR 50 was the standout gainer, up 1.79% at 1555.65.

TREE NEWS reports: The Shanghai Composite slipped 0.1% and the ChiNext Index fell 0.18% at the midday break on September 15, while the STAR 50 Index rose 1.79%. Wind power and semiconductor chip shares led gains, with Dajin Heavy Industry and Tianshun Wind Energy hitting the daily limit, alongside PCB and solid-state battery names. Decliners outnumbered advancers with 3,675 stocks down versus 1,447 up, as half-day turnover reached 1.07 trillion yuan.

TREE NEWS update: The ‘Zhongtie 1662’, China’s largest self-developed tunnel boring machine to date, rolled off the production line in Zhengzhou, Henan province on September 15. Jointly developed by China Railway Tunnel Group, China Railway No. 4 Engineering Group and China Railway Engineering Equipment Group, the slurry shield machine has an excavation diameter of 16.68 metres, a total length of 125 metres and weighs about 4,800 tonnes.

TREE NEWS update: The Export-Import Bank of China issued 14 billion yuan (140亿元) of one-year bonds at a coupon of 1.3493%, against an expected 1.3400%. Bidding was 2.40 times the amount on offer, with a marginal multiple of 1.25.

TREE NEWS update: Japan’s Minister of Economy, Trade and Industry Ryosei Akazawa said the country does not need to release oil reserves in October, adding that Japan is still expected to secure sufficient oil supplies. The statement addresses Japan’s reserve policy for the month and its supply outlook. No further details were provided.

TREE NEWS reports: China has built more than 70 major computing-power corridors around its national computing hubs as of the end of June, the National Bureau of Statistics said at a State Council Information Office briefing on August’s economic data. Investment in internet and related services tied to the “six networks” rose 42% year on year in the first eight months, while air transport and water transport investment grew 16.7% and 14.7% respectively and power supply investment rose 12.7%.

TREE NEWS reports: China’s overnight Shanghai Interbank Offered Rate (SHIBOR) rose 1.74 basis points to 1.4294%. The 7-day SHIBOR edged up 0.30 basis points to 1.4210%, while the 3-month SHIBOR held flat at 1.4300%.

TREE NEWS reports: Zhang Yongwei, chairman of the China EV100 research institute, said China’s auto market will enter an adjustment phase in 2026, with domestic sales expected to fall 18% for the year while exports rise 55%. He told a media briefing for the 2027 Smart Electric Vehicle Development Forum that performance would be “broadly stable” with sharp structural divergence. Zhang said the market is expected to enter a recovery phase in 2027.

TREE NEWS reports: Preliminary data published by Kpler on Tuesday showed four bulk carriers transited the Strait of Hormuz on Monday, down from 10 the previous day. The figures cover bulk carrier traffic through the waterway, a key route for global commodity shipping.

TREE NEWS update: China’s National Bureau of Statistics attributed faster import growth this year to three factors, NBS spokesperson Fu Linghui said at a State Council Information Office briefing. Global industrial technology innovation is expanding China’s demand for upstream raw materials and intermediate goods, while domestic market demand and industrial production continue to grow, he said. China’s voluntary opening measures and international expos such as the CIIE, Hainan Expo and Chain Expo have also helped global goods enter the market.

TREE NEWS update: China’s new commercial home sales by floor area fell 12.1% year on year in the first eight months of 2025, while second-hand home online signing area rose 10.6%, Fu Linghui, spokesperson for the National Bureau of Statistics, said at a State Council Information Office briefing. The NBS said total real estate transaction volume is trending toward stability.

TREE NEWS reports: The MMLC battery-grade lithium carbonate mid-price fell 2,600 yuan to 131,250 yuan per tonne in early trading, compared with the prior day’s 16:30 level. The early-session quote puts the Chinese battery-metals benchmark lower on the day.

TREE NEWS reports: Japan’s Nikkei 225 rose 0.9% by the morning session close, while the broader Topix edged down 0.03%. The split session left the two benchmarks pointing in opposite directions at the halfway point of the trading day in Tokyo.

TREE NEWS update: China’s National Energy Administration head Wang Hongzhi met Peruvian Energy and Mines Minister Guillermo Shinno on Sept. 10 in China, where Shinno is attending the APEC Energy Ministers’ Meeting. The two sides exchanged views on cooperation in oil and gas, electricity and renewable energy. No agreements or figures were disclosed.

TREE NEWS reports: The Hang Seng Tech Index extended its intraday gain to 1%. The move marks a further advance for the Hong Kong-listed technology benchmark during the session. No specific catalyst was cited in the available market data.

TREE NEWS reports: China’s STAR 50 Index, tracking the 50 largest companies on Shanghai’s STAR Market, climbed more than 3% on the session. The move marks a sharp single-day gain for the tech-heavy benchmark. No specific catalyst was cited in the available data.

TREE NEWS reports: China’s industrial enterprises above designated size produced 18.43 million tonnes of crude oil in August, up 0.8% year on year, matching July’s pace and averaging 595,000 tonnes per day, the National Bureau of Statistics said. Refinery throughput fell 6.9% to 59.07 million tonnes, a 8.9-percentage-point narrowing from July’s decline. For January-August, crude output rose 0.9% to 146.39 million tonnes, while refining fell 6.6% to 456.12 million tonnes.

TREE NEWS reports: China’s above-scale industrial raw coal output fell 7.7% year on year in August to 360 million tons, with average daily output of 11.67 million tons, the National Bureau of Statistics said. The decline was 2.4 percentage points narrower than July’s drop. For January through August, output totaled 3.06 billion tons, down 3.3% year on year.

TREE NEWS update: China’s National Healthcare Security Administration issued a notice on the 15th to pilot a pre-approval pricing system for medical service price items covering high-level new technologies and products. Under the system, medical insurance authorities assess pricing policy before the technologies or products are formally put into clinical use, with support focused on three categories: breakthrough diagnostic and treatment technologies, new equipment addressing clinical challenges, and new consumables filling gaps in care.