TREE NEWS reports: Dongfang Harbor Overseas Fund, led by Dan Bin, held 13 US-listed stocks worth about $1.469 billion at the end of the third quarter of 2026, with Alphabet as its top holding. During the quarter the fund cut positions in AMD, Broadcom and Lumentum that it had bought in the second quarter, while adding to Micron Technology, SanDisk, Nvidia, Alphabet Class C and TSMC.
TREE NEWS reports: Dan Bin’s Dongfang Harbor overseas fund held 13 US-listed stocks worth about $1.469 billion at the end of the third quarter of 2026, with Alphabet as its top holding. During the quarter the fund cut positions in AMD, Broadcom and Lumentum that it had bought in the second quarter, while adding Micron Technology, SanDisk, Nvidia, Alphabet Class C and TSMC.
TREE NEWS reports: The first AI-produced theatrical film, “Sanxingdui: Future Past,” had grossed about 1.15 million yuan ($158,000) as of the evening of Oct. 25, three days after its release, following a special screening in Shanghai attended by producers Jiang Defu and Qu Jixiaojiang. The pair previously produced commercial hits including “The Battle at Lake Changjin,” which took in nearly 5.8 billion yuan and remains China’s second-highest-grossing film.
TREE NEWS reports: Crypto investor Anthony Pompliano said bitcoin, gold and land are all likely to perform well over the next 20 years, and that the market is significantly underestimating AI’s potential, with quality AI companies also undervalued. Over the next five years, venture capital and public markets will converge further, with more capital chasing a few quality firms potentially pushing up private-market valuations. He said young investors should watch areas Wall Street has not fully positioned in, including private markets, prediction markets, compute markets and data brokerage, and predicted Tesla and SpaceX will merge.
TREE NEWS update: Shanghai National Accounting Institute President Lu Wenbin said AI is reshaping business decision-making, but technological progress does not replace business judgment. As information gathering, data processing and solution generation become easier, the ability to identify opportunities, assess risks, judge value and allocate resources becomes more important, he said.
TREE NEWS update: Qiyuan Robotics’ 5,000th personal robot came off the production line on Oct. 25, one month after the company began selling its Q1 and T1 personal robots on Sept. 20. The company is producing one unit every 2.5 minutes, a pace it frames as a step toward volume manufacturing and delivery to real users.
TREE NEWS update: AI-native infrastructure provider Infinigence AI and Three-Body Universe announced a strategic partnership at the 2026 Three-Body Day Dehydration Soak Carnival, unveiling their first joint product: Zhizi Agent 1.0, an AI conversational agent with the personality traits of the Zhizi character. The two companies disclosed the collaboration and the agent’s release on the event date.
TREE NEWS reports: China’s daily Token consumption reached about 500 trillion in June 2026, nearly four times the level of December 2025, according to a joint report by the China Academy of Information and Communications Technology and other institutions. Based on monitoring from January to August 2026, the report found domestic models averaged 78.23 tokens per second in August, double the 2025 average of 38.25 TPS but still below the 112.82 TPS of typical foreign models.
TREE NEWS reports: Nomura Securities said market concerns over the outlook for artificial intelligence investment are “overdone,” and that the memory chip shortage will persist until 2028. The firm said the memory sector’s valuation is already severely undervalued. Nomura made the remarks in a research view dated October 25.
TREE NEWS update: Four.Meme’s OpenFour launched a token issuance mode called Binance Agent ID Exclusive, designed for AI agents on BNB Chain with support from Binance Wallet. During the bonding-curve phase, only Binance Agentic Wallets holding an Agent ID may trade, each capped at 1% of total supply, and tokens are non-transferable until graduation, after which trading opens to all users. Tokens are created with BNB as the fundraising currency and carry a “.ai” tag.
TREE NEWS update: National Energy Administration head Wang Hongzhi led a team to Guangdong on Oct. 24 to survey new-type power grid construction, calling for faster buildout and coordinated development of main, distribution and micro grids to expand effective energy investment. He also urged stronger power supply guarantees, a bigger role for the Southern regional power market, deeper AI-energy integration and expanded market-based computing-power coordination, plus support for new energy storage technologies.
TREE NEWS update: Google will begin using data from connected Gmail, Drive and Photos accounts to personalize advertising under a privacy policy change effective Oct. 16. The update carves out an exception to the company’s long-standing pledge, allowing the data to feed ad targeting through its Personal Intelligence AI features.
TREE NEWS update: Sweden’s Government Offices will block ChatGPT and Claude on staff computers from Monday, leaving Microsoft Copilot as the only AI tool approved for civil servants after passing its security review. The move restricts OpenAI’s and Anthropic’s chatbots for government employees while allowing Copilot to remain in use.
TREE NEWS reports: Major US banks including Morgan Stanley, JPMorgan and Bank of America are drafting contingency plans for serious AI-related incidents to protect accounts, restore customer access and keep operations running after a potential shock. The banks are restricting third-party AI agents’ access and adjusting related rules, concerned that agents given login credentials could act without explicit user approval. Banks said they have found no evidence of runaway agents or hacks affecting customer funds or accounts.
TREE NEWS reports: US producer prices for semiconductors and other electronic components rose 26% year-on-year in September, the fourth-largest increase on record. It marked the sixth consecutive month of at least 25% annual growth. Since July 2025 the index has climbed 31%, reaching its second-highest level since January 2007. Producer prices for electronic components and accessories rose 27% year-on-year last month.
TREE NEWS update: Chinese video creator Tim (Pan Tianhong), founder of Media Storm, will announce the winners of a giveaway of 100 iPhones on X within 24 hours, selecting them randomly from eligible users with Grok. To enter, users must follow his account, like and repost the post. Tim had said on Oct. 22 that his iPhone Duo video had reached 56.98 million views, prompting the giveaway. The post did not explain how Grok would conduct the draw.
TREE NEWS update: The AIGC Era Internet Advertising Governance Blue Book was released during the 33rd China International Advertising Festival. The report warns that AI-generated content lets bad actors mass-produce highly realistic ad materials and fake authority endorsements, making manual review inadequate. It proposes governance across the full ad delivery process, classifying risks into content violations, technical countermeasures, transaction chains and new scenarios, with recommendations across eight areas.
TREE NEWS update: Tongji Hospital, affiliated with Tongji Medical College of Huazhong University of Science and Technology, launched China’s first national high-quality brain-computer interface dataset project in Wuhan on October 24. The project is scheduled to be completed and put into use by 2027, aiming to solve data fragmentation by building an independently controllable, high-quality BCI database covering broad scope, full modalities and connected chains.
TREE NEWS update: ByteDance’s video-editing unit Jianying has folded its AI short-drama creation platform Xiaoyunque into its AI creation platform Jimeng, while keeping Xiaoyunque’s standalone product entry, people familiar with the matter said. Jimeng has already integrated Xiaoyunque’s short-drama capabilities, and Xiaoyunque operations now report to Chen Xinran, Jimeng’s operations and marketing head; the product team is unchanged.
TREE NEWS update: Tencent’s WorkBuddy integrated the Kimi-K3.1-Pro model on October 24, along with the high-speed variant Kimi K3.1 Pro Highspeed, which offers comparable intelligence at roughly 2-3x the output speed. Due to resource constraints, access is currently limited to Enterprise Flagship Edition and individual subscribers on a priority basis.