TREE NEWS update: Federal Reserve Governor Christopher Waller said sharp swings in the stock market typically do not significantly affect his view on the path of interest rates. Waller made the remark when asked about recent volatility in equities, signaling that market moves alone are unlikely to shift his policy stance.
TREE NEWS update: Federal Reserve Governor Christopher Waller said a 0.3% month-on-month rise in U.S. October CPI would indicate inflation is deviating from target and would require more aggressive policy action. Waller also said he does not expect broad AI-driven productivity gains in the near term, that real interest rates must rise to keep policy at its current restrictive level, and that policy is far less restrictive than he previously thought, adding that rates need to rise to bring inflation down.
TREE NEWS reports: The index tracked by the CSOP FTSE East-West Equity Select ETF (03441.HK) returned about 30.8% year to date through September 30, 2026, with a maximum drawdown of roughly 8% over the past year. The ETF allocates about 60% to Hong Kong high-dividend stocks and 40% to large US companies screened on free cash flow. Since joining Stock Connect in November 2025, 03441 has gained over 30%, ranking first among southbound ETFs.
TREE NEWS update: Shanghai Hejing has revised its 2026 private placement of A-shares, lowering the total fundraising target to no more than RMB 700 million from a previously planned RMB 900 million. The proceeds will now fund only the 12-inch semiconductor large silicon wafer industrialization project, with all other terms of the original plan unchanged.
TREE NEWS update: Coinbase, Kalshi and Jump Trading were among six crypto and trading firms that filed a brief backing the CFTC against a trade group of exchanges and brokers seeking to block perpetual futures on U.S. stocks. The filing urges the judge to keep single-stock perpetuals trading. The trade group wants the products halted.
TREE NEWS reports: The spread between French and German 10-year government bond yields narrowed to 142.8 basis points, its lowest level since October 19. The move marks a compression in the risk premium investors demand for French debt over German bunds.
TREE NEWS update: Jerry Shares plans to inject 900 million yuan in cash into its wholly owned subsidiary Jerry Mindi, using 850 million yuan of raised funds and 50 million yuan of its own capital. The move raises Jerry Mindi’s registered capital from 100 million yuan to 1 billion yuan. The company said the capital will support its power business, expand production scale and upgrade capacity.
TREE NEWS update: Pop Mart bought back 340,000 of its own shares on November 10 for a total of HK$49.8 million. The Hong Kong-listed toymaker disclosed the share repurchase in a filing. The buyback comes as the company continues to return capital to shareholders through open-market purchases.
TREE NEWS update: Injective’s mainnet stopped producing blocks for about 4 hours and 24 minutes on Nov. 9, three days after the INJ ETF INJC began trading on Nasdaq and the exchange’s opening bell was rung in Times Square. Upbit, Coinone and Kraken suspended INJ deposits and withdrawals, while spot trading continued. Validators said the halt was a precaution against a potential attack path and then a security patch, while Injective’s Telegram admins described it as a scheduled upgrade drill. INJ traded around $7.9–8.1 before and after.
TREE NEWS update: Walt launched a standalone app, expanding its crypto investment platform beyond Telegram for the first time. The move marks the company’s first product outside the messaging app, where its trading service had previously been available. No further details on features, markets or launch date were provided.
TREE NEWS reports: UBS raised its rating on Lead Intelligent Equipment’s A-shares to Neutral from a lower rating, setting a target price of 34.60 yuan per share. The upgrade applies to the Shenzhen-listed battery equipment maker. No further details on the rationale were disclosed.
TREE NEWS update: Shanghai’s Municipal Ocean Bureau issued the “15th Five-Year Plan” implementation plan for the city’s marine economy, targeting marine industry value-added of no less than 350 billion yuan by 2030. The plan calls for the marine gross product’s average annual growth rate to be no lower than the city’s overall economic growth target, with a “3+5+X” modern marine industry system basically formed.
TREE NEWS update: The Ethereum Foundation has urged holding the Glamsterdam upgrade pending audit findings, after four reports flagged deployed contracts that could break. Possible specification changes are also being prototyped, the foundation said. The reports raise concerns about contract safety ahead of the planned network change.
TREE NEWS update: Strategy bought 1,036 bitcoin for about $81.9 million between Nov. 2 and Nov. 8 at an average price of $79,012, bringing its total holdings to 850,364 BTC. 9 8-K filing. The company’s cumulative cost basis of about $64.16 billion works out to an average of roughly $75,456 per coin, above the current spot price. Strategy funded the purchase partly through an at-the-market sale of 2,051,348 Class A shares that raised about $283.8 million net.
TREE NEWS update: The UK’s top financial regulator said some banks are scaling back their exposure to artificial intelligence as concerns over the technology grow. The regulator did not name the banks involved or specify the nature of the risk reductions. The remarks point to growing supervisory scrutiny of AI use inside financial firms.
TREE NEWS reports: The U.S. dollar index erased an earlier 0.2% decline as traders positioned for a more hawkish Federal Reserve stance. The move reflects market expectations that the central bank will maintain a tighter policy path, reversing the index’s initial drop.
TREE NEWS update: Grand Pharma has dosed the first patient in a Phase II clinical trial in China of GPN01020, a Class 1.1 traditional Chinese medicine candidate for migraine prevention. The drug, developed from a hospital preparation, is now entering evidence-based verification after years of clinical experience. The company called the enrollment a milestone for its traditional Chinese medicine program in the otolaryngology segment.
TREE NEWS update: JD Technology announced an internal restructuring last week, splitting into two business units — Cloud Technology and Financial Technology — both at the same organizational level as JD Retail. The company’s exploration institute was also divided, with core departments including JoyAI and AI algorithms merged into the Cloud Technology unit as a standalone C1 department. JD had not responded to a request for comment as of publication.
TREE NEWS update: Shanghai’s Municipal Ocean Bureau issued the “Shanghai Marine Economy Development 15th Five-Year Plan” implementation scheme, targeting high-performance ship and offshore engineering steel, corrosion-resistant alloys, carbon fiber and alumina fiber composites, and marine anti-fouling materials. The plan also pushes development of deep-sea exploration materials and key submarine cable materials, and explores piezoelectric damping and intelligent visible-light stealth materials. No figures or dates were disclosed.
TREE NEWS reports: Traders have increased their bets on a Federal Reserve rate hike and now fully price in a 25 basis point increase for December. The shift in expectations reflects growing conviction that the central bank will tighten monetary policy at its final meeting of the year.
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