TREE NEWS update: Dongchedi’s used-car business has opened more than 200 stores across China, the company said. The platform also launched a “national purchase” model that combines online ordering with offline delivery, allowing vehicles listed on the platform to be delivered to more than 300 cities nationwide.
TREE NEWS reports: Shanghai-based insurers collected a combined RMB 248.193 billion in original premium income in the first nine months of 2026, the Shanghai Financial Regulatory Bureau said. Cross-border reinsurance inward premiums at the Shanghai reinsurance operation center totaled RMB 1.098 billion, bringing the combined figure to RMB 249.291 billion. Property insurers accounted for RMB 63.583 billion and life insurers for RMB 184.610 billion.
TREE NEWS reports: China’s openness index rose from 0.5891 in 1990 to 0.7551 in 2025, an increase of 28.18%. In 2025, China’s openness ranking climbed one place from 2024, 32 places from 2008 and 50 places from 1990. Nobel economics laureate Christopher Pissarides said openness has greatly improved living standards and China’s economy is moving in the right direction.
TREE NEWS reports: China’s government bond futures closed higher on the day, with the 30-year main contract rising 0.41%. The 10-year contract gained 0.10% and the 5-year contract added 0.06%, while the 2-year contract was unchanged from the previous day’s close.
TREE NEWS update: China’s valid domestic invention patents have exceeded 5.8 million, with 17.2 high-value invention patents per 10,000 people, according to figures presented at the 15th China International Patent Technology and Products Fair. Key core technology patents have been deployed in future industries including quantum technology, biomanufacturing, brain-computer interfaces and 6G communications.
TREE NEWS update: China’s military and civilian authorities have shut down a batch of social media accounts that posted illegal and harmful content related to the military, the military and local authorities said. The accounts were accused of disrupting online order and damaging the image of the armed forces, and typical cases were released as a warning.
TREE NEWS update: Chinese Defense Ministry spokesperson Senior Colonel Chen Xi said the international community should be highly vigilant about Japan restarting its “war machine,” responding to reports that Tokyo plans to make “positive defense-economy circulation” a pillar of its annually revised three security documents. Analysts cited in the question said Japan treats its defense industry as an industrial policy pillar and involves the Defense Ministry in its development, marking a major shift in postwar defense policy.
TREE NEWS update: Chinese Vice Premier He Lifeng will travel to Canada to co-chair the second China-Canada Economic and Financial Strategic Dialogue on Nov 9, China’s foreign ministry announced. He, a Politburo member and the Chinese lead for the dialogue, will chair alongside Canadian Finance Minister François-Philippe Champagne and International Trade Minister Sidhu. The two sides agreed on the schedule.
TREE NEWS reports: Combined trading turnover on the Shanghai and Shenzhen stock exchanges reached 1.657794 trillion yuan on November 6. The Shanghai market accounted for 772.635 billion yuan, while the Shenzhen market contributed 885.160 billion yuan. Trading on the ChiNext board totaled 444.017 billion yuan.
TREE NEWS update: China’s Ministry of Commerce opened an anti-dumping investigation into imports of ethylidene norbornene originating in the European Union and Japan, effective from the announcement’s publication date. The dumping investigation period runs from July 1, 2025 to June 30, 2026, while the injury investigation period covers January 1, 2023 to June 30, 2026.
TREE NEWS reports: The Shanghai Composite closed down 1.10% at 3,649.18 on the day, while the Shenzhen Component fell 2.57% to 11,175.78 and the ChiNext Index dropped 3.96% to 2,465.23. The CSI 300 closed 1.44% lower at 4,054.28, the STAR 50 fell 2.60% to 1,253.20, and the CSI 500 and CSI 1000 lost 2.13% and 2.18% respectively.
TREE NEWS reports: Apple’s main futures contract rose more than 5% at the close of Chinese commodity futures trading, while LU fuel oil gained over 4%. Coke, lithium carbonate, red dates and Shanghai nickel each climbed more than 2%. Liquefied petroleum gas, polyethylene and propylene fell more than 3%.
TREE NEWS update: The US military in Okinawa has extended a curfew imposed on all personnel to December 7, following the arrest of a soldier on suspicion of robbery and murder. The extension, announced on November 6, applies to lower-ranking service members. The original curfew was introduced after the incident.
TREE NEWS reports: Germany’s industrial output rose 0.4% year-on-year in September, missing expectations of 1.2% and slowing from a 2.3% gain in the prior reading. The weaker-than-expected print points to a continued soft patch in Europe’s largest manufacturing economy.
TREE NEWS update: The China National Coal Association and China Coal Transportation and Marketing Association have scheduled the 2027 National Coal Trade Fair for December 3-4 in Qingdao, Shandong province. The event’s theme is “leveraging coal’s important foundational support and system-regulating role to strengthen the foundation for secure and stable energy supply.” The meeting aims to promote value co-creation and shared benefits among coal producers, transporters and users, and to enhance coordination, supply and contract-fulfillment capabilities.
TREE NEWS reports: Deutsche Bank said the US remains outside the “red zone” that historically precedes financial crises but could approach that threshold by 2028 if current trends persist. Using its GHSS framework, the bank flags a 45% three-year crisis probability once corporate debt-to-GDP rises more than 9 percentage points and real equity prices gain over 26%. AI investment is shifting from operating cash flow toward external debt financing.
TREE NEWS update: Ten Shanghai-listed companies on Nov. 6 disclosed plans to use buyback and shareholding increase loans, with six from the STAR Market — Hygon Information, Gaoche Shares, Lianxun Instruments, Qiangyi Shares, Xi’an Yicai and Guanggang Gas — and four from the main board: Kingfa Sci & Tech, Haixing Power, Hengtong Optic-Electric and Haitong Development.
TREE NEWS update: Hong Kong’s Invest Hong Kong will provide one-stop landing support for mainland gold and other precious metals companies seeking to expand overseas, InvestHK Director-General Alpha Lau said in a meeting with China Gold Association vice chairman Yan Diyong in Beijing on Nov. 5. The two sides discussed building Hong Kong into an international gold trading market and deepening collaboration between the mainland and Hong Kong gold industries, reaching broad consensus.
TREE NEWS update: Chainalysis disclosed that a breach exposed password hashes and live tokens, after initially reporting that only non-sensitive customer data was accessed. The blockchain analytics firm’s revised disclosure confirms that credential material and active tokens were compromised in the incident.
TREE NEWS update: Ukrainian President Volodymyr Zelensky on December 5 called on Spain, Brazil and Mexico to help Ukraine quickly obtain electrical equipment to repair its damaged energy system, speaking at a meeting held alongside the Ibero-American Summit. He named the three countries directly in the appeal for support in securing power equipment.