Flash News

TREE NEWS update: People’s Bank of China Deputy Governor Lu Lei said on September 10 that China has no need and no intention of using currency depreciation to gain a trade competitive advantage. Speaking at a State Council Information Office press conference, Lu said China runs a managed floating exchange rate regime and lets the market play a decisive role in rate formation, guarding against herd behavior and self-reinforcing irrational expectations.

TREE NEWS update: China’s National Financial Regulatory Administration will step up efforts to curb “price wars,” illegal rebates and “high-interest, high-return” practices, vice director Cong Lin said at a State Council Information Office briefing on September 10. The regulator said it will guide financial institutions to abandon a fixation on scale and shift from chasing speed and size toward quality and efficiency.

TREE NEWS update: Iran’s deputy permanent representative to the UN, Ali Darzi, sent a letter to the UN Security Council stating that US sanctions on 27 Iranian airlines and entities operating in Iran’s civil aviation sector constitute ‘economic terrorism’ and crimes against humanity, and flagrantly violate the UN Charter and basic principles of international law, Iranian sources said on the 10th.

TREE NEWS update: China Securities Regulatory Commission Vice Chairman Li Chao said on September 10 that the regulator will keep improving the market mechanism and ecosystem for long-term investment, steadily raising the scale and share of mid- and long-term capital entering the stock market, and vigorously develop equity mutual funds. Speaking at a State Council Information Office briefing, Li also said the CSRC will strengthen cross-market, cross-industry and cross-border risk monitoring, improve the long-term mechanism for monetary policy tools supporting the capital market, and enhance expectation management.

TREE NEWS update: China Securities Regulatory Commission Vice Chairman Li Chao said the average IPO review period on the Shanghai and Shenzhen exchanges has shortened to just over six months this year, with refinancing approvals for some quality companies taking under one month. Speaking at a State Council Information Office briefing, Li said the CSRC will step up efforts to invigorate the market and support quality companies in new productive forces.

TREE NEWS update: Li Bin, spokesperson and deputy administrator of China’s State Administration of Foreign Exchange, said on September 10 that during the 15th Five-Year Plan period the regulator will comprehensively deepen foreign exchange management reform. The core of its “more convenient” goal is to make FX business faster and easier for compliant, creditworthy operators, with bank FX business reform pushed forward and a policy system that rewards compliance.

TREE NEWS update: China Development Bank issued a 1-year bond worth 9 billion yuan on Tuesday, pricing it at a yield of 1.3771%, below the expected 1.3800%. The bid-to-cover ratio was 3.05 times, while the marginal ratio came in at 2.25 times, signaling firm demand for the policy bank’s short-term debt.

TREE NEWS update: China Securities Regulatory Commission Vice Chairman Li Chao said on September 10 that the regulator will further expand high-level opening-up. Speaking at a State Council Information Office briefing, Li said the CSRC will keep promoting reform and development through opening, raise cross-border investment and financing facilitation, and improve the Qualified Foreign Investor and Stock Connect mechanisms so companies can use both domestic and overseas markets and resources.

TREE NEWS update: China Securities Regulatory Commission Vice Chairman Li Chao said on September 10 that social security, annuity and insurance funds have net bought more than 600 billion yuan of A-shares so far this year. Their holdings of tradable A-share market value are up 12.5% from the end of 2025, he said at a State Council Information Office briefing.

TREE NEWS update: China’s Ministry of Commerce on Wednesday urged France to stop using its anti-fast-fashion law to infringe on the legitimate rights and interests of Chinese-funded enterprises. A ministry spokesperson pushed back on recent remarks by French officials that the law is non-discriminatory and aimed at protecting the environment and consumers, saying Beijing wants Paris to face China’s position squarely.

TREE NEWS update: Chinese foreign ministry spokesperson Guo Jiakun said on September 10 that China is willing to work with Latin American and Caribbean countries and other parties to build a just and reasonable global AI governance system. Guo criticized closed, exclusive blocs and geopolitical calculations, saying they hinder technological progress in the Global South, and called for open, inclusive, beneficial AI principles.

TREE NEWS update: China Securities Regulatory Commission Vice Chairman Li Chao said on September 10 that the regulator will step up enforcement and investor protection, targeting fraudulent issuance, financial fraud, market manipulation and insider trading. Speaking at a State Council Information Office briefing, Li said the CSRC will make penalties “accurate and painful” to raise the deterrent effect of enforcement, and will accelerate work on the capital market’s legal framework and investor protection mechanisms.

TREE NEWS update: China Securities Regulatory Commission Vice Chairman Li Chao said on September 10 that the regulator will further enhance the internal stability of the capital market. Speaking at a State Council Information Office press conference, Li said the CSRC will keep strengthening market stabilization mechanisms, broaden channels for medium- and long-term funds to enter the market, and improve the ‘long-term money, long-term investment’ market ecosystem while stepping up risk monitoring, early warning and comprehensive analysis to keep the capital market running smoothly.

TREE NEWS update: China Securities Regulatory Commission Vice Chairman Li Chao said on September 10 that the regulator will further improve the inclusiveness and adaptability of the capital markets system. Speaking at a State Council Information Office briefing, Li said the CSRC will optimize the issuance and listing regime to support quality companies in emerging industries, future industries and modern services. He added the CSRC will step up technology finance and other “five major articles” to serve new quality productive forces.

TREE NEWS update: Li Chao, Vice Chairman of the China Securities Regulatory Commission (CSRC), stated on September 10 that the regulator will further enhance the inclusiveness and adaptability of the capital market system. Speaking at a briefing held by the State Council Information Office, Li said the CSRC will optimize its issuance and listing rules to support outstanding companies in emerging industries, future industries, and modern service industries. He further added that the CSRC will strengthen the “five major initiatives,” including technology finance, to contribute to new quality productive forces.

TREE NEWS update: China’s National Financial Regulatory Administration will increase financial support for consumption, investment, business and employment stability, and technological innovation during the 15th Five-Year Plan period, Vice Director Cong Lin said at a State Council Information Office briefing on September 10. The regulator will strengthen financing for major national projects and large-scale equipment upgrades and consumer goods trade-ins, he said.

TREE NEWS update: Asia Potash International said on September 10 that its operations are running normally and its 2025 potash output target remains unchanged at 300,000 tonnes, in a clarification filing. The company said recent market rumors about Laos’s rainy season and flooding overstated the impact on its business, noting that seasonal transport-efficiency fluctuations affect all producers in the region and are a recurring industry-wide pattern, not a company-specific problem.

TREE NEWS update: India’s Serious Fraud Investigation Office, under the Ministry of Corporate Affairs, has recommended an investigation into Xiaomi over alleged violations of its business model and foreign investment rules. Asked about the recommendation at a September 10 press briefing, Chinese Foreign Ministry spokesman Guo Jiakun said he was unaware of the specifics, adding that China-India economic and trade cooperation is mutually beneficial and that India should provide a fair, just, transparent and non-discriminatory business environment for foreign firms.

TREE NEWS update: China Securities Regulatory Commission Vice Chairman Li Chao said on September 10 at a State Council Information Office press conference that the regulator will accelerate a new round of capital market reform and opening up, aiming to basically form a new pattern of high-quality capital market development by 2030, the 40th anniversary of the capital market, with comprehensive strength and international competitiveness notably improved.

TREE NEWS update: China’s Foreign Ministry said on Wednesday that Beijing and Washington are in communication about arrangements for leader-level interactions this year. Spokesperson Guo Jiakun told a regular press briefing that presidential diplomacy plays an irreplaceable strategic role in guiding China-US relations. He gave no dates or details of any planned meetings.