Flash News

TREE NEWS reports: Beijing’s Xinfadi market saw average egg prices of 10.14 yuan/kg in August, up 9% from July and 50% year-on-year, the highest for the period in three years. National layer farming remained profitable at about 1.2 yuan per jin, up 0.2 yuan from the previous month. Experts attribute the rise to increased purchases by food processors ahead of the Mid-Autumn Festival, boosting consumption by about 2%.

TREE NEWS update: A two-day symposium on antitrust enforcement to protect businesses was held in Dalian, Liaoning province, on September 2-3. Officials reviewed progress and set next steps, emphasizing the fight against ‘involutionary’ competition to build a unified national market and ensure fair competition.

TREE NEWS update: China’s Ministry of Emergency Management and Ministry of Transport have jointly dispatched 40 roadbed boxes and other key road reinforcement equipment from the national regional highway emergency equipment reserve in Changji, Xinjiang, to support Gyirong, Tibet. The move follows an emergency coordination mechanism between the two ministries.

TREE NEWS update: China will accelerate construction of a project library for its ‘Six Networks’ initiative, improving information sharing with financial institutions for efficient ‘investment-loan linkage’. The government will publicize attractive projects to encourage participation by diverse entities, leverage government investment, and improve pricing and support policies to drive business model innovation.

TREE NEWS update: Japan’s 30-year government bond auction drew a bid-to-cover ratio of 3.79, surpassing the 12-month average of 3.52. The auction reflects steady demand for long-dated JGBs amid ongoing monetary policy expectations.

TREE NEWS reports: Shanghai Composite rose 0.43% to 3,958.19 points at midday, while Shenzhen Component gained 0.39% to 13,664.14. ChiNext added 0.43%, CSI 300 rose 0.51%, but STAR 50 slipped 0.04%. CSI 500 and CSI 1000 also advanced.

TREE NEWS update: Chinese equities traded mixed at midday on Tuesday, with the Shanghai Composite up 0.43%, Shenzhen Component up 0.39%, and ChiNext up 0.43%. Cultivated diamond and shipping sectors rallied, with stocks like Huanghe Whirlwind and COSCO Shipping Energy hitting limit-up. However, over 3,000 stocks fell across the three bourses, and turnover reached 1.11 trillion yuan in the morning session.

TREE NEWS reports: China’s treasury bond futures closed higher in the morning session, with the 30-year main contract rising 0.35%, the 10-year up 0.09%, the 5-year up 0.04%, and the 2-year up 0.02%.

TREE NEWS reports: From July 1 to September 1, the Mohan railway port on the China-Laos Railway processed 57,000 passenger entries and exits from 72 countries, up over 51% year-on-year. Daily peak crossings exceeded 1,100, a record high.

TREE NEWS update: Chongqing has issued a 10-year general local government bond totaling 11.8724 billion yuan with a coupon rate of 1.7400%. The marginal multiple was 2.12 times, exceeding the expected 1.74 times. Additionally, the municipality issued 10-year and 20-year special bonds of 1.03 billion and 3.989 billion yuan respectively, with rates of 1.7400% and 2.2500%.

TREE NEWS reports: Japan’s 10-year government bond yield broke above 3% this week, the highest since September 1996, as markets price a 25bp BOJ rate hike in September. US Treasury Secretary Bessent warned of forced unwinds if yen moves turn disorderly, while analysts see carry-trade unwinding risk as manageable. Japan holds over $1 trillion in US Treasuries, raising concerns about capital repatriation.

TREE NEWS update: Brazil’s Congress passed a critical minerals bill granting the government greater power to review mining transactions. Brazil holds the world’s second-largest rare earth reserves after China, along with other key minerals for smartphones, EVs, and military drones. President Lula, who pushed the legislation as part of his sovereignty-focused agenda, argues Brazil should process more minerals domestically to retain value.

TREE NEWS reports: Turnover across the Shanghai, Shenzhen and Beijing stock exchanges surpassed 1 trillion yuan on Wednesday, shrinking by nearly 130 billion yuan compared with the same time the previous day. Full-day turnover is projected to reach only about 1.6 trillion yuan, indicating reduced trading activity.

TREE NEWS reports: The MSCI Asia Pacific Index advanced 1% to 277.23 points, reflecting broad gains across regional markets. The move comes amid improved investor sentiment, though specific drivers were not detailed in the report.

TREE NEWS reports: China’s overnight Shanghai Interbank Offered Rate (SHIBOR) fell 0.10 basis points to 1.3620% on the latest fixing. The 7-day rate declined 0.30 basis points to 1.3740%, while the 3-month rate held steady at 1.4300%.

TREE NEWS update: Shanghai’s housing authority issued the 15th Five-Year Plan for housing and urban-rural development, targeting full launch of urban village renovation projects and completion of improvement works by end-2026. By 2027, preliminary renovations of all such projects should be done. The plan also aims to complete renovation of about 20,000 sqm of small-beam and thin-slab housing by end-2026, and basically finish converting non-self-contained worker housing by 2030.

TREE NEWS update: Shanghai’s housing and urban-rural development authority issued its 15th Five-Year Plan, targeting a natural gas reserve capacity of over 25 days by 2030. The plan emphasizes strengthening supply security, optimizing the production-supply-storage-sales system, and improving the gas price adjustment mechanism.

TREE NEWS update: Hungary’s national weather service said on Tuesday that August 2026 was the hottest August on record, with an average temperature of 24.9°C, 3.7°C above the 1991-2020 average. The data, released on September 2, marks the highest monthly temperature since records began in 1901.

TREE NEWS update: Wan Gang, honorary president of the China Association for Science and Technology, recommended accelerating research and industrialization of all-solid-state batteries. Speaking ahead of the 2026 World Power Battery Conference in Yibin on September 3, he also encouraged developing new sodium-ion battery routes to enhance safety and environmental adaptability.

TREE NEWS update: Shanghai’s housing authority unveiled its 15th Five-Year Plan, targeting 25-28 million square meters of new commercial housing supply and 250,000-270,000 units of rental housing by 2030. The plan also aims to add over 120,000 beds for urban builders and managers, while advancing foundational systems for real estate development and financing.