Flash News

TREE NEWS reports: The Nasdaq Composite fell 3.37% for the week ended Nov. 6, its fourth consecutive weekly decline, after October nonfarm payrolls rose 165,000 — nearly three times expectations — lifting December rate-hike pricing to 80%. The index dropped 5.52% on Nov. 5, its biggest one-day fall in 19 months, as Democratic midterm gains raised AI regulation and chip-export risks; spot bitcoin ETFs saw $430.2 million in net outflows the same day.

TREE NEWS reports: Bitdeer mined 258.6 BTC in the week to Nov. 6 and sold the entire amount, leaving its net bitcoin holdings unchanged at zero, the company said in its weekly bitcoin update. The figure excludes customer deposits. Bitdeer has maintained a zero-bitcoin treasury position.

TREE NEWS update: Hong Kong’s Securities and Futures Commission plans to restrict unauthorized institutions from using various virtual asset and trading-related titles, with the rules taking effect six months after passage. The proposal is part of a broader regulatory push in the city. Separately, US crypto regulation could shift as “hardliner” Waters announced a bid for the House Financial Services Committee chairmanship.

TREE NEWS update: The 2026 China International Smart Communication Forum will take place in Wuxi, Jiangsu, from November 8 to 10. Under the theme “New Ecosystem, New Opportunities, New Future,” the event will feature an opening ceremony and main forum, two thematic forums, and several supporting activities. Representatives of international organizations, experts, media figures and business executives will discuss smart communication and media transformation, tech innovation and industrial development, and cultural exchange and international cooperation.

TREE NEWS update: Italian Prime Minister Giorgia Meloni said on Nov. 6 that recent cyberattacks across Europe are alarming and, together with bomb threats received by several European passenger flights in recent days, underscore the necessity of security investment. Meloni did not specify which attacks or flights she was referring to.

TREE NEWS update: The Saudi-led coalition said it intercepted a missile targeting Riyadh. The coalition announced the interception without providing further details on the projectile’s origin or any casualties. No additional information was immediately available.

TREE NEWS update: The state-owned enterprise sub-delegation of Shanghai’s trade delegation to the 9th China International Import Expo has reached 137 intended purchase orders worth $2.862 billion in commodities, medical devices and agri-food products, up 3.1% year on year. Since the first CIIE, the sub-delegation has signed $25.2 billion in intended purchases with companies from more than 20 countries and regions, ranking first among Shanghai’s sub-delegations for nine consecutive years.

TREE NEWS update: Swire Coca-Cola China on Nov. 6 unveiled its “Winning 2035” ten-year strategy for the Chinese market at the 9th China International Import Expo, built on a core proposition of “innovation with stability.” The plan centers on four pillars: consumer-driven growth, customer-centricity, people-first development and community roots. CEO of Swire Coca-Cola Greater China Jin Yi said practices proven in the China market could offer a reference model for the country’s beverage industry.

TREE NEWS update: Brazil’s National Energy Policy Council approved the National Energy Transition Plan and established an electric vehicle working group at a meeting on the 6th, tasked with tracking the country’s EV rollout and advancing decarbonization of the transport sector. President Luiz Inácio Lula da Silva told the meeting that Brazil has made progress in reducing greenhouse gas emissions, lowering deforestation rates and pushing the energy transition.

TREE NEWS update: China’s Ministry of Ecology and Environment published its 2027 list of key emission units for the national carbon market, covering 3,746 entities, broadly stable versus 2026. The list spans power generation (2,500), steel (229), cement (917) and aluminum smelting (100), with units emitting 26,000 tonnes of CO2 equivalent or more included. Listed units must report emissions, trade carbon allowances and surrender quotas.

TREE NEWS reports: Canada’s federal government plans to give the Canadian Security Intelligence Service greater authority to conduct foreign intelligence work, a move that could eventually lead to an independent overseas intelligence agency modeled on the U.S. Central Intelligence Agency or Britain’s MI6. The plan was disclosed on the 6th of the month. No timeline or legislative details were provided.

TREE NEWS update: Greenland Group’s Shandong regional headquarters, the Jinan Huaiyin District government and Shanghai Kupas Technology signed a strategic cooperation agreement in Shanghai on Nov. 6. The three parties will deepen collaboration on AI corpus data services, AI industry ecosystem development and industrial park investment and operations, aiming to build a new AI industry ecosystem.

TREE NEWS update: China Three Gorges Renewables grid-connected the first 180 MW of turbines at its 545 MW Mile West wind farm expansion in Yunnan on Nov. 6. The project is the first wind farm Three Gorges has connected in Yunnan during the 15th Five-Year Plan period and the only wind project on Yunnan’s 2026 “top priority” project list.

TREE NEWS reports: China’s leading advertising enterprises and institutions reported combined revenue of 1.60083 trillion yuan in the first three quarters, up 8.5% year on year. Internet advertising revenue reached 956.89 billion yuan, up 17.5%, including 812.5 billion yuan from mobile internet ad placements, up 14%. Advertising revenue at public institutions such as television stations rose 3.3% to 34.57 billion yuan.

TREE NEWS update: Qatar’s prime minister said mediation efforts are continuing to prevent the situation from spiraling out of control, and that the US government remains willing to seek a solution even after the midterm elections. The remarks were broadcast by Al Jazeera. No further details were provided.

TREE NEWS update: The GREATPORT multimodal railway terminal at the China-Belarus Great Stone Industrial Park near Minsk opened on the 6th, with the first China-Europe container trains, the “Wheat Ear” and “Cornflower”, departing for China. The terminal, invested in and operated by Asia-Europe Land Transport Corridor Co., has a designed annual capacity of 180,000 TEU, planned to rise to 500,000 TEU, and includes four rail lines.

TREE NEWS update: Guangzhou Mayor Sun Zhiyang led a delegation to Beijing and Hebei’s Xiongan New Area to meet with China Huaneng Group, CITIC Group and National Data Group, holding talks with chairmen Bai Yong, Xi Guohua and Jian Qin respectively. The discussions focused on deepening city-enterprise strategic alignment and expanding cooperation during the 15th Five-Year Plan period.

TREE NEWS update: Chinese Vice President Han Zheng met Georgian President Mikheil Kavelashvili in Tbilisi on November 6. Han said that consolidating and developing China-Georgia relations serves the fundamental interests and shared expectations of both peoples. The two sides should continue to firmly support each other on issues involving their core interests, strengthen alignment of development strategies, and advance mutually beneficial cooperation across fields under high-quality Belt and Road cooperation.

TREE NEWS update: The Beijing Economic-Technological Development Area Administrative Committee issued measures to support first-trial and pilot-testing of new technologies including supernode servers, AI terminals, super agents, quantum computing cloud platforms and next-generation mobile communications. Support of up to 30 million yuan will be granted based on technical innovation, scenario demonstration, application promotion and ecosystem coordination.

TREE NEWS update: China’s State Administration for Market Regulation has issued two supplementary food testing methods targeting new derivatives of phenolphthalein (phenolphthalein-type) and bisacodyl-type substances illegally added to food, state broadcaster CCTV reported. The methods are intended to detect the newly identified derivatives. No effective date or scope details were given in the announcement.