Flash News

TREE NEWS update: President Donald Trump said on the 6th that the United States carried out a “small strike” on Iran, destroying a small Iranian-made air defense installation. Iran’s Tasnim news agency reported earlier, citing preliminary reports, that two missiles struck Iran’s Qeshm Island.

TREE NEWS reports: China’s 10-year government bond yield fell below the 1.60% threshold on November 6, with treasury futures closing higher across the board as cash bond yields continued to decline. Market participants attributed the rally to a pullback in equities, easing bond supply pressure, released institutional allocation demand and a shift in the policy rate anchor. Further improvement in year-end bond supply-demand conditions is expected to leave room for long-end and ultra-long yields to fall further.

TREE NEWS reports: China’s benchmark live hog futures closed at 9,195 yuan per tonne on Nov. 6, after touching a record low of 9,040 yuan on Nov. 5, a decline of nearly 30% from early September. October prices fell more than expected, deepening losses for farmers, while disease-control difficulties in northern China are accelerating breeding-sow capacity cuts among smaller farms.

TREE NEWS reports: Ammonium paratungstate (APT) mainstream quotes rose 10,000 yuan per ton on November 5 from the previous working day to 530,000-550,000 yuan per ton, up 4.85% week-on-week. The short-term gain does not reverse this year’s broader decline: APT’s average price is still down 11.48% from last quarter and 19.40% from the start of the year, though it remains 18.16% higher year-on-year.

TREE NEWS reports: Hedge funds including Tiger Global and Millennium suffered losses in October as worries over AI investment prospects, financing costs and profit delivery triggered a sharp correction in US tech stocks, with the selling continuing into November. Funds have been cutting holdings in semiconductors and other tech names, fueling risk aversion. Many major institutions still view the volatility as a clearing of crowded trades rather than the end of the AI investment boom.

TREE NEWS reports: Two U.S. officials said some advisers to the Trump administration have told the president that the window for resuming large-scale military action against Iran is shrinking and urged him to act before the new Democratic-controlled Congress takes office in January. The advice, reported on Nov. 6 local time, means Trump would need to decide within the coming weeks.

TREE NEWS reports: Bank stocks were the main profit source for QFII investors in the third quarter, with Singapore’s OCBC, a long-term holder of 1.322 billion Ningbo Bank shares, seeing the value of its stake surge by 7.587 billion yuan ($1.06 billion) as the stock rose 19.33%. QFII held 1,309 A-shares at the end of Q3, 57.4% of which gained an average 5.66%, outperforming the Shanghai Composite by 11.82 percentage points.

TREE NEWS reports: Stock ETFs in China drew a net 610.628 billion yuan ($84 billion) over 24 consecutive trading sessions from Sept. 28 to Nov. 5. Twelve broad-based ETFs each attracted more than 10 billion yuan in net inflows. Guolian An Fund said heavy buying of STAR Market and ChiNext ETFs has supported index floors and blocked systemic risk, as institutions cited a positive outlook for China’s tech sector.

TREE NEWS update: Two missiles struck Iran’s Qeshm Island, according to preliminary reports cited by Iran’s Tasnim news agency on the 7th. Iran’s military confirmed to media that an American MQ-9 drone was shot down over Qeshm Island by Iranian air defense systems.

TREE NEWS reports: At least eight A-share listed brokerages, including CITIC Securities, China Merchants Securities, Huatai Securities and CSC Financial, have held third-quarter 2026 earnings briefings as of Nov. 6. Investors pressed on the sustainability of profit growth, overseas expansion and AI adoption, with dividend policy and market-cap management also among the most frequent topics raised.

TREE NEWS reports: AI applications are accelerating across the content industry, with short drama, gaming, publishing and IP sectors showing positive changes as multimodal large models and video generation technology continue to iterate. Industry insiders said content production efficiency and business model innovation are expected to advance in tandem, and the investment logic for the content industry is set for restructuring.

TREE NEWS update: US President Donald Trump said many meetings related to Russia have been scheduled and that significant progress has been made with Russia and Ukraine. He also said he may work with Democrats on immigration and taxes, praised Miller as loyal and smart, expects few departures in the coming months, and urged Thune to get the Senate to act.

TREE NEWS reports: More than ten Chinese futures companies, including CITIC Futures, Guotai Junan Futures and Galaxy Futures, have moved to increase capital since the start of 2026, in a fresh industry-wide wave of capital expansion. The drive reflects both regulatory policy adjustments and business development needs as competition shifts from traditional brokerage to comprehensive derivatives services. Capital strength is becoming a key support for business expansion and may further widen the industry’s competitive divide.

TREE NEWS update: IQAir Global CEO Frank Hamm told an interview during the 9th China International Import Expo, held in Shanghai from Nov. 5 to 10, that China’s reliability lies in being consistently dependable while still evolving. He said predictability is becoming rarer worldwide, and China’s reliability makes its market predictable, easing life for everyone because sustainable development and self-upgrading capacity can be anticipated.

TREE NEWS update: The U.S. Central Command announced on November 7 that the State Department’s Rewards for Justice program is offering up to $20 million for information on Iran’s nuclear program, including its nuclear facilities, equipment and related personnel such as scientists, as well as the movements of any of these targets. Tipsters may also be eligible for relocation and resettlement.

TREE NEWS update: The Ceres-2 Y3 carrier rocket lifted off from the Jiuquan Satellite Launch Center at 7:37 a.m. on Nov. 7, placing four satellites into their planned orbits. The payloads were the Guanlan test satellite, Yunyao-1 28, the North University of China-1 satellite and Juntian-1 06A. The flight test mission was declared a complete success.

TREE NEWS update: President Donald Trump announced that Stephen Miller will replace Susie Wiles as White House chief of staff, hours after saying on “60 Minutes” that he would make team adjustments. Asked whether he planned to fire people after Republicans lost both chambers of Congress, Trump said, “Yes, there will be some adjustments,” adding that he trusts his Cabinet but may make a few personnel changes. He said Defense Secretary Pete Hegseth’s position is secure.

TREE NEWS update: Machi Big Brother (Jeffrey Huang) sold BORED APE #32 on OpenSea for 12.5 ETH, worth approximately $279,700, on November 7. The transaction was flagged by on-chain monitoring. The sale marks a notable NFT trade by the prominent crypto figure.

TREE NEWS update: Chinese Vice Premier He Lifeng, the lead for China-U.S. economic and trade affairs, held a video call with U.S. Treasury Secretary Bessent and Trade Representative Greer on the evening of Nov. 6 Beijing time. The two sides exchanged views on implementing the consensus reached by the two heads of state and on key economic and trade issues. China expressed serious concern over recent U.S. trade restrictions against China; both agreed to continue using the economic and trade consultation mechanism.