TREE NEWS reports: SK Hynix fell 9.46% and Samsung Electronics dropped 7.57% on Nov. 5 even after SK Hynix reported an operating margin near 80% and Samsung’s semiconductor unit drove quarterly operating profit above 107 trillion won. SK Hynix closed at 1,264,000 won, down 57.7% from its June 25 high of 2,987,000 won. Investors are questioning whether current profits mark a cycle peak, with DRAM contract price growth slowing to 13%-18% in the third quarter from 90%-98% in the first.
TREE NEWS update: The Shanghai Stock Exchange issued a revised set of mandatory clauses for the risk disclosure statement on southbound Stock Connect trading, effective with the November 2026 revision. Securities firms must post the relevant rules in a prominent place at their business premises and publish them on their websites from the date of the notice. They are also required to promptly update their risk disclosure statements for Shanghai-Hong Kong Stock Connect trading.
TREE NEWS reports: US Democrats are preparing to launch investigations into Apple, Meta and companies owned by Elon Musk. The scope of the probes, the specific companies targeted and a timeline were not immediately detailed. No further information on the grounds for the investigations was provided.
TREE NEWS reports: Democrats won control of both chambers of the US Congress, with the Senate at 54-44 and the House at 253-155, QCP Capital said. The S&P 500 fell 4.36% to 7,353.73 on Thursday, its biggest one-day drop since April 2025, while the Nasdaq fell 5.52% to 24,315 and bitcoin dropped 5.5% to $76,036. QCP noted Democrats lack a two-thirds majority to override Trump’s vetoes, and their potential push to delay data-center approvals and cut tax incentives could hit AI infrastructure.
TREE NEWS reports: Eurozone retail sales fell 0.7% in September from the previous month, compared with expectations of a 0.1% decline, after a 0.1% rise in August. The sharper-than-expected contraction marks a weak end to the third quarter for household consumption in the currency bloc.
TREE NEWS update: Nasdaq-listed HYPE treasury company Hyperliquid Strategies reported a $620.6 million profit and grew its token stack to 38.5 million last quarter. A subsidiary has applied to become a futures broker to carry U.S. accounts for permissioned Hyperliquid markets.
TREE NEWS update: Tesla has raised the price of its Cybertruck Cyberbeast model in the US market to $102,490, the company announced. The adjustment applies to the top-tier variant of the Cybertruck lineup. Tesla did not provide a reason for the increase in the announcement.
TREE NEWS update: The People’s Bank of China halted Solana’s “Solana Accelerate China 2026” offline event in Shanghai before it began and will investigate the units and individuals involved, a PBOC official said. Solana had placed advertising on the exterior wall of Citigroup Tower in Lujiazui promoting virtual currency, the official said, adding that SOL is essentially a virtual currency and that Solana provides technical services for USDT issuance and trading. Promotion of Solana violates a February notice from eight government departments.
TREE NEWS reports: The Nasdaq 100 fell about 6.4% and the Nasdaq Composite 5.52% on Nov. 5, the steepest one-day drop since April 2025, as the Philadelphia Semiconductor Index slid 12%, its worst since 2020. Micron dropped 17.46%, SanDisk 22.26% and AMD 17.26% after local referendums restricting data-center construction passed in 38 of 44 measures tracked by Redbud Consulting. Bitcoin fell 5.95% to $75,640, while chip stocks rebounded in after-hours trading.
TREE NEWS update: Beijing’s Municipal Commission of Housing and Urban-Rural Development issued the city’s housing development plan for the 15th Five-Year Plan period, setting a goal of keeping the total urban housing stock stable by 2030. The plan calls for better alignment of supply with shifting demand, a more complete mix of subsidized and market housing, and continued stable operation of the real estate market. By 2035, it aims for higher-quality livable housing coordinated with population, industry, land, transport and ecology.
TREE NEWS update: European Central Bank chief economist Philip Lane said energy inflation will influence wage negotiations and price-setting across the economy. The remarks point to the ECB’s concern that energy-driven price pressures could feed into wages and broader pricing behavior, a key factor in the central bank’s inflation outlook.
TREE NEWS update: Federal Reserve Bank of New York President John Williams said now is an appropriate time to gather more information. Williams did not specify what data or policy decisions he was referring to in the brief remark. The comment comes as markets watch for signals on the Fed’s next moves.
TREE NEWS update: New York Fed President John Williams said the US is facing an unusual combination of demand and supply shocks, with inflation “absolutely too high.” He said AI development is pushing inflation higher, at least in the short term, and that energy prices are feeding through to inflation as expected. Inflation expectations remain well anchored, he added.
TREE NEWS update: China’s National Development and Reform Commission held a meeting on Nov. 5, chaired by deputy director Yue Xiuhu, to review progress on planning and construction across the “Six Networks” and set priorities for the next stage. The commission said it will move quickly to issue supporting policies and support the cultivation of new application scenarios under the “Six Networks” coordination framework. The meeting also examined major problems raised by the lead departments and by agencies handling funding, land and other elements.
TREE NEWS update: Between Nov. 3 and Nov. 5, 30 to 34 flights across Europe received bomb threats, prompting Italy, Bulgaria and other countries to scramble fighter jets and briefly suspend operations at some airports. By Nov. 6 all threats had been confirmed as hoaxes, with no new similar incidents reported. Investigations are ongoing and the European Union has formally launched an aviation security information-sharing mechanism.
TREE NEWS update: China Molybdenum Co. announced a plan to repurchase A-shares via centralized bidding for RMB 1 billion to 2 billion, at no more than RMB 22.78 per share. At the upper limit the buyback would cover about 87.80 million shares, or 0.41% of total share capital; at the lower limit, about 43.90 million shares, or 0.21%. The program runs for three months from board approval and is funded by own or self-raised capital.
TREE NEWS update: GAC Group sold 143,700 vehicles in October, up 11.75% from the previous month, bringing January-October cumulative sales to 1.2849 million units. New energy vehicle sales exceeded 500,000 units over the first ten months, up 58.94% year on year. The figures were released in the automaker’s October production and sales announcement on November 6.
TREE NEWS update: China Merchants Bank’s Hong Kong branch will suspend bank-securities transfer services for Soochow Securities International Brokerage and CMS International Brokerage from 4 p.m. on November 30 until further notice. The bank said it received requests from the brokers to halt the cooperation and, after consultation, issued 30-day advance notice to affected clients in line with Hong Kong Monetary Authority requirements so they can arrange alternative transfer channels.
TREE NEWS update: Kinetiq’s Elysium, a Layer 2 built on the Arbitrum stack and settling to HyperEVM, will launch on Monday, Nov 9, with target block times of 100ms and gas paid in HYPE. Fomo, Pumpfun and GMGN will support the chain from day one, while Ascend’s first-day test data showed about $5.97 million in volume across 47,254 trades and 873 tokens deployed, generating $34,808 in protocol fees.
TREE NEWS reports: The U.S. dollar index rose 0.41% intraday on [date], climbing above the 102 level. The move marked a firmer session for the greenback against a basket of major currencies. No further details were immediately available.