Flash News

TREE NEWS update: On September 7, Heytea’s mini-program quietly reopened its “I Want to Become a Partner” application portal, marking the first time since February 2025 that the official franchise channel has resumed. The reopening is low-key, with updated guidelines adding risk warnings, reminding applicants to assess rationally and note that submission does not guarantee partnership.

TREE NEWS reports: China’s night futures session opened with broad gains: paraxylene, staple fiber, coking coal, methanol and PTA rose over 2%, while crude oil, pure benzene, acrylic, bottle flakes, LPG, glass and PVC gained more than 1%.

TREE NEWS reports: On Sept 8, China’s sugar industry index jumped 5.94%, with Yuegui Sugar and COFCO Sugar hitting the daily limit. Media reports suggest Thailand, the world’s second-largest sugar producer, may see output fall at least 17% next season, intensifying global supply pressure. A leading sugar company responded that the northern hemisphere crushing season hasn’t started, making it hard to judge. Yuegui Sugar also commented.

TREE NEWS update: GSK is marketing dollar bonds to refinance bridge financing for its $10.6 billion acquisition of Nuvalent Inc., following a €3.5 billion ($4.1 billion) euro bond sale. The six-tranche offering spans maturities from three to 30 years, with initial price talk on the longest bond at about 1.1 percentage points over Treasuries.

TREE NEWS update: The Shanghai municipal government and China Telecom Group signed a strategic cooperation agreement in Shanghai on September 8 for the 15th Five-Year Plan period. The partnership will build a comprehensive strategic relationship, leveraging Shanghai’s innovation advantages and China Telecom’s role in building a digital and cyber-secure nation. Both sides will jointly create the ‘Smart Cloud Shanghai’ urban information service brand, develop world-leading information infrastructure, and advance frontier technology applications to enhance smart city governance.

TREE NEWS reports: Brent crude approached $100 after Houthi attacks on Saudi energy facilities, while Japan’s central bank plans to raise rates to 1.25% in September. US stock futures were mixed, with copper hitting record highs and gold pulling back. European gas prices surged to three-year highs, and German 10-year yields hit a 2011 peak.

TREE NEWS update: ASML Holding has begun construction on a second industrial campus in the Netherlands, a boost for the Dutch government, which pledged billions to keep the tech firm expanding locally. The new site in Eindhoven will eventually cover an area equivalent to about 50 European football pitches and accommodate up to 20,000 employees, the company said Tuesday.

TREE NEWS update: The 72nd APEC Energy Working Group meeting opened in Beijing on September 8, with Wang Jianbo, Deputy Administrator of China’s National Energy Administration, addressing the event. Wang emphasized that APEC cooperation thrives on joint participation by all economies. He noted China’s open and inclusive approach in hosting APEC ‘China Year’ energy activities aims to build a multilateral dialogue platform for sharing practical experiences and turning collective wisdom into cooperative outcomes.

TREE NEWS update: Thailand plans to spend about 3.5 billion baht ($106.3 million) from government borrowing on a new domestic tourism stimulus, offering 1 million subsidized slots from November 1. Under the proposed “Thai Tiew Thai Plus” plan, tourists would receive a fixed 1,500 baht subsidy per hotel night, up to five nights per person, Tourism and Sports Minister Surasak Phancharoenworakul said.

TREE NEWS reports: Students who never or rarely use AI chatbots for schoolwork score higher than frequent users. Those avoiding AI for drafting scored 509 in science tests versus 481 for daily users, a gap equivalent to 1.5 years of learning after adjusting for socioeconomic factors. Similar patterns appeared in research and summarization tasks.

TREE NEWS reports: Citi’s index shows US corporate earnings expectations have seen more upgrades than downgrades for 21 consecutive weeks, the longest streak since September 2021, signaling a strong upcoming earnings season. Despite high inflation, WTI crude above $90, and potential Fed rate hike, improved earnings outlook is boosting market sentiment.

TREE NEWS update: The death toll from Nepal’s landslide disasters has risen to 1,364 as of 5 p.m. local time on September 8. The figure was confirmed by police authorities. Rescue operations continue as the country grapples with the aftermath of the deadly landslides.

TREE NEWS reports: More than 71% of bitcoin supply is now in profit, approaching a level that has historically marked bear-to-bull transitions, Bitfinex analysts said. The metric suggests subdued volatility as the market nears a potential regime shift, though no explicit price forecast was provided.

TREE NEWS reports: The Baltic Dry Index, a key gauge of global shipping costs for dry bulk commodities, rose 0.25% to 3,584 points. The increase reflects ongoing demand for shipping raw materials such as iron ore and coal.

TREE NEWS update: Guizhou Moutai’s iMoutai platform announced on September 8 that sales rules for six Feitian Moutai products (2019-2024, 500ml with cup) will change. Starting September 9, these products shift from monthly releases on the 9th, 19th, and 29th to daily availability at 9:00 and 20:00.

TREE NEWS reports: On Sept 7, several leading broad-based ETFs attracted significant inflows over the past three days despite tech sector weakness. China Southern CSI 500 ETF and Huatai-PineBridge CSI 300 ETF each saw net inflows exceeding 3 billion yuan, while ChinaAMC CSI 1000 ETF, ChinaAMC SSE 50 ETF, and China Southern CSI 1000 ETF each gained over 1.5 billion yuan. Meanwhile, Korea-China Semiconductor ETF Huatai-PineBridge saw active trading with turnover above 16 billion yuan.

TREE NEWS update: Rigetti Computing shares rose nearly 6% in pre-market trading after the company signed a $100 million agreement with the U.S. government to accelerate the development of superconducting quantum computing. The deal underscores government backing for quantum technology.

TREE NEWS update: NextEra Energy said Tuesday it secured a loan of up to $1.9 billion from the U.S. Department of Energy to support restarting operations at its Duane Arnold Energy Center in Iowa. The loan aims to revive the nuclear facility, which ceased operations in 2020.

TREE NEWS update: Chinese President Xi Jinping spoke by phone with UK Prime Minister Burnham on Tuesday. The call covered bilateral relations and issues of mutual concern. No further details were released.

TREE NEWS update: On September 8, the World Intellectual Property Organization (WIPO) released its 2026 Global Innovation Index, ranking the Shenzhen-Hong Kong-Guangzhou cluster first among the world’s top 100 innovation clusters for the second consecutive year. The Macau-Zhuhai cluster also made the top 100 for the third straight year, underscoring the Greater Bay Area’s growing global standing in tech innovation.