Flash News

TREE NEWS update: PetroChina announced a 2026 interim cash dividend of RMB0.26 per share (pre-tax), totaling RMB47.585 billion, based on 183.021 billion shares. The A-share record date is September 15, 2026, with ex-dividend and payment on September 16, 2026.

TREE NEWS update: UK Chancellor Rachel Reeves acknowledged public concerns over AI, stating it will transform the labour market in ways even economists cannot fully comprehend. She stressed the need to address national security risks posed by AI and pledged not to let opportunities slip, while vowing to prevent unregulated expansion.

TREE NEWS update: Shanghai’s government issued a three-year action plan to advance quality city construction, urging enterprises to pursue basic research in frontier technologies including laser manufacturing, quantum, photonics, new functional materials, and new energy. The plan also accelerates standard-setting for high-growth technologies such as autonomous driving, smart wearables, and brain-computer interfaces, and invests in precision measurement and AI safety testing.

TREE NEWS update: Israel’s Defense Minister Katz warned that if Palestinian security forces launch an attack, a full-scale war will break out. The statement escalates tensions in the region, raising concerns over potential conflict. No further details were provided.

TREE NEWS update: New Hope announced that it sold 1.2061 million commercial hogs in August 2026, up 26.28% year-on-year but down 1.59% month-on-month. Cumulative sales for the year reached 9.5381 million. Revenue from commercial hog sales totaled 1.505 billion yuan, down 1.89% YoY, with an average price of 10.46 yuan/kg, down 22.75%.

TREE NEWS update: At its H1 2026 results briefing on Sept 7, CXMT senior VP and CFO Huang Danyang said the global DRAM supply shortage will persist in the second half of 2026. Asked about Q3 DRAM prices, he cited sustained tight supply conditions.

TREE NEWS update: On September 7, 2026, the Weifang Intermediate People’s Court in Shandong sentenced Wang Jianjun, former vice chairman of the China Securities Regulatory Commission, to life imprisonment for bribery. His political rights were stripped for life, and all personal property was confiscated. Illicit gains and their proceeds were ordered to be turned over to the state treasury.

TREE NEWS reports: Eurozone employment rose 0.5% year-on-year in the second quarter, matching the initial estimate. The figure confirms steady labor market growth across the bloc.

TREE NEWS reports: The eurozone’s second-quarter GDP grew 0.6% quarter-on-quarter, exceeding both the initial estimate of 0.4% and market expectations. The upward revision signals stronger-than-anticipated economic momentum in the region during the April-June period.

TREE NEWS update: China’s digital consumption reached 13.3 trillion yuan in the first half of 2026, up 4.1% year-on-year, an official from the Ministry of Commerce, at a State Council Information Office press conference on September 7. The figures reflect progress since a guideline on digital consumption was issued a year ago.

TREE NEWS update: Huawei announced that its HarmonyOS 6 and HarmonyOS 7 operating systems now run on more than 85 million terminal devices. The milestone reflects rapid adoption of Huawei’s latest software across its ecosystem of smartphones, tablets, and other connected devices.

TREE NEWS update: Hunan province issued 5.596 billion yuan ($786 million) of 7-year special local bonds at a yield of 1.5800%, with a marginal multiple of 1.86 times, exceeding the 1.58 times expectation. The province also sold 20.697 billion yuan of 5-year bonds at 1.4500%, with a marginal multiple of 1.68 times versus 1.45 expected.

TREE NEWS update: China’s Ministry of Ecology and Environment announced that 96% of the country’s coal-fired power capacity and 90% of its steel production capacity have achieved ultra-low emissions, creating the world’s largest clean coal power and steel production systems. In 2025, air quality reached its best on record, with the proportion of good-air days and heavy-pollution days at their best levels since monitoring began.

TREE NEWS update: The Dalian Commodity Exchange (DCE) announced that from the settlement on September 9, 2026 (Wednesday), the daily price limit for iron ore futures contracts will be adjusted from 9% to 6%, and the trading margin level will be lowered from 11% to 8%. For contracts meeting both adjustment conditions under the exchange’s risk management rules, the larger of the specified values will apply.

TREE NEWS reports: The dollar fell sharply against the yen in European trading, breaking below the key 155.00 support level, as traders cited a scarcity of buyers to absorb selling pressure. With U.S. markets closed Monday for a holiday, dollar-yen liquidity was thin, exacerbating the move.

TREE NEWS reports: China’s onshore yuan closed at 6.7106 per dollar at 16:30 Beijing time, up 2 points from the previous official close and also up 2 points from the prior night session close.

TREE NEWS reports: The Eurozone Sentix investor confidence index for September came in at 5.1, up from a previous reading of 0.9. The improvement signals growing investor optimism in the region’s economic outlook.

TREE NEWS reports: Iran announced it is continuing to follow up with Qatar regarding three pilots. A military delegation visited Qatar to address the matter concerning the three Iranian pilots.

TREE NEWS update: Japan is seeking a meeting between Sanae Takaichi and Donald Trump in late September. The government aims to arrange the talks as part of diplomatic efforts. Details are still being coordinated.

TREE NEWS reports: The US dollar fell against the Japanese yen to 154.5, currently trading at 154.321, down 1.2% from the previous session’s close. The decline reflects broad dollar weakness in the forex market.