Flash News

TREE NEWS update: China Railway Shanghai Group said the Yangtze Delta railway network will handle an estimated 54 million passenger trips during the 16-day Mid-Autumn and National Day holiday travel period, running from Sept. 23 to Oct. 8, 2026. The single-day peak is expected on Oct. 1, with about 4.4 million trips, which would set a new record for daily passenger volume during the combined holiday period.

TREE NEWS reports: Strategists at Morgan Stanley, JPMorgan and Goldman Sachs said strengthening economic growth and solid corporate earnings should let the US stock market absorb the pressure of rising interest rates. Goldman Sachs chief US equity strategist Ben Snider said any selloff triggered by expected Federal Reserve rate hikes would likely be short-lived, noting the market has already priced in more than three hikes over the next year while earnings and balance sheets remain strong.

TREE NEWS reports: Amundi SA is buying two-year US Treasuries, betting that high oil prices will slow US economic growth and force the Federal Reserve to rethink its tightening path. Nicolas Dahan, the Paris-based firm’s senior portfolio manager for global bonds and currencies, said rising yields and energy prices could threaten the US economy’s resilience. The two-year Treasury yield rose above 4.50% last week for the first time since 2024 as traders increased bets on Fed rate hikes.

TREE NEWS update: Iran’s Persian Gulf Strait Authority said it has updated its list of “non-compliant vessels” in the Strait of Hormuz to 77. Vessels on the list will face restricted passage in the future and could be fined, detained or confiscated, the authority said. It also advised cargo owners shipping to and from the Persian Gulf to check the list before chartering vessels to avoid potential problems.

TREE NEWS reports: The 14 largest wealth management firms in China, which manage over 1 trillion yuan each and hold about 80% of the market, saw their outstanding scale reach roughly 27.4 trillion yuan at the end of August, with net inflows of more than 280 billion yuan from July. In the first eight months of the year, their combined scale grew by about 1.96 trillion yuan, driven by equity products that added nearly 1.98 trillion yuan, while cash products shrank by over 180 billion yuan.

TREE NEWS update: Iran’s Foreign Ministry spokesman Baghaei said on the 14th that the United States must stop all illegal and interventionist actions against Iran, make amends for its crimes, and end its sanctions and economic war. He said Iran will continue to take all necessary measures as long as Washington persists in its aggression, maritime blockade and other violations of international law.

TREE NEWS update: China’s State Council has elevated the investigation into the “9·10” major fire at Qingdao Beihai Shipbuilding Co., a subsidiary of China State Shipbuilding Corporation. The move puts the probe under direct central government oversight. No casualty figures or cause were given in the announcement.

TREE NEWS update: Pangang, a unit of Ansteel Group, has deployed a self-developed short-process technology for producing high-purity vanadium pentoxide, resolving the industry trade-off between high product quality and low production cost. Since April, the process has been applied at the high-purity vanadium line of its Panzhihua Vanadium Products Branch, cutting impurity content significantly and reducing material consumption costs by more than 15% versus before the breakthrough.

TREE NEWS update: Saudi Crown Prince Mohammed bin Salman met with the commander of US Central Command, Saudi state television reported. The meeting was disclosed by Saudi state TV, which gave no further details on the agenda or location. CENTCOM oversees US military operations across the Middle East, a region where Saudi Arabia is a key partner.

TREE NEWS reports: Gold (XAUUSD) fell to $4,300 an ounce and was last quoted at $4,293.22, down 1.3% from the previous trading session’s close. The move marks a decline in the precious metal’s price during the session, based on market data.

TREE NEWS reports: Silver (XAGUSD) dropped to $63 per ounce, quoted at $62.920, down 2.4% from the previous session’s close. The metal’s move lower came as spot prices slid through the $63 level.

TREE NEWS reports: China’s bond and equity financing accounted for 50.31% of the increase in total social financing in the first eight months of 2026, surpassing the share of loans. The figure is nearly 20 percentage points higher than the same period five years ago. Corporate bond financing alone rose to 11.67% of the increment, up about 5.8 percentage points year on year.

TREE NEWS reports: The weighted average interest rate on newly issued corporate loans in China came in slightly below 3% in August, about 0.2 percentage points lower than a year earlier. The weighted average rate on new personal housing loans was 3.1%, while the yield on five-year AAA-rated corporate bonds stood at 1.73%, both at historic lows.

TREE NEWS update: China has issued its “Financial Powerhouse Construction 15th Five-Year Plan,” laying out a systematic deployment of financial work for the 2026-2030 period. Experts said the plan emphasizes risk prevention, stronger supervision and high-quality development as its main working lines. They expect macroeconomic and financial policy to further intensify counter-cyclical adjustment, expand domestic demand and improve supply to drive sustained economic growth.

TREE NEWS reports: China’s broad money supply M2 grew 7.5% year-on-year at end-August and narrow money M1 rose 4.1%, the People’s Bank of China said on September 14 in its August 2026 financial statistics report. The stock of total social financing expanded 7.2% from a year earlier. The central bank’s data showed aggregate financing and money supply growing at a reasonable pace.

TREE NEWS reports: The People’s Bank of China reported that the outstanding stock of social financing stood at 464.8 trillion yuan at the end of August 2026, up 7.2% from a year earlier. The aggregate financing measure covers both bank lending and non-bank channels such as bonds and equity issuance.

TREE NEWS update: The People’s Bank of China will conduct a 500 billion yuan outright reverse repo operation on September 15, 2026, using a fixed-quantity, rate-based auction with multiple price awards. The six-month (181-day) operation matures on March 15, 2027, with settlement postponed if it falls on a holiday. The central bank said the move is intended to keep banking-system liquidity ample.

TREE NEWS reports: China’s central bank reported that RMB deposits increased by 18.99 trillion yuan in the first eight months of the year. Household deposits rose 6.99 trillion yuan, non-financial corporate deposits 1.85 trillion yuan, fiscal deposits 2.06 trillion yuan and deposits of non-bank financial institutions 6.32 trillion yuan. At end-August, the outstanding RMB deposit balance was 347.67 trillion yuan, up 7.7% year on year, while foreign-currency deposits stood at $1.19 trillion, up 17.3%.

TREE NEWS reports: China’s M2 money supply rose 7.5% year-on-year in August, down from 7.7% in July, the People’s Bank of China’s latest data show. M1 money supply grew 4.1% year-on-year, matching the previous reading of 4.1%.

TREE NEWS reports: China’s aggregate financing increment for January to August reached 23.91 trillion yuan, up from 22.25 trillion yuan in the prior period. New yuan loans for the same eight months totaled 10.44 trillion yuan, compared with 10.38 trillion yuan previously. The figures cover the first eight months of the year.