TREE NEWS update: Qingdao issued a 10-year general local government bond of 1.6 billion yuan at a coupon of 1.6300%, with a marginal bid-to-cover ratio of 1.73 times against an expected 1.63. The city also sold a 5-year ordinary special-purpose local bond of 100 million yuan at 1.3400%, with a marginal ratio of 1.60 times versus an expected 1.34.
TREE NEWS update: Chinese Commerce Minister Wang Wentao met South Korean Trade, Industry and Energy Minister Kim Jung-kwan in Shanghai on Nov. 4, on the sidelines of the ninth China International Import Expo. The two sides exchanged views on China-South Korea economic and trade relations and their bilateral free trade agreement, with Wang calling for faster progress on the second phase of FTA negotiations.
TREE NEWS reports: MRVL dropped 10.1% over the past 24 hours and was trading at 156.21 USDT, data from MSX.COM showed. The move marks a sharp single-day decline for the token.
TREE NEWS update: DDC Enterprise announced an initial public offering of preferred stock, SAVOR (SVOR), at $20 per share with a 13.5% annual dividend paid daily. The offering is expected to raise $24 million, which will be used to repay convertible notes, fund a dividend reserve account and increase its bitcoin holdings.
TREE NEWS update: United Stables ($U) and Binance launched a limited-time yield-boost campaign for $U flexible savings, running from 16:00 Beijing time on November 5, 2026 to 07:59 on November 25. During the period, regular and VIP users subscribing to the $U flexible savings product receive tiered bonus interest of up to 9% on top of base real-time yield, bringing the maximum combined annual percentage rate to 10%.
TREE NEWS update: People’s Bank of China Deputy Governor Zou Lan spoke at the fifth International Financial Leaders Investment Summit in Hong Kong on November 3, 2026. Zou said the PBOC will adapt its monetary policy framework to the shifting structure of China’s financial system to support high-quality growth. He also said the central bank will deepen financial-sector opening and support Hong Kong’s role as an international financial center and offshore yuan hub.
TREE NEWS update: Hua Hong Semiconductor reported third-quarter 2026 sales revenue of $987.1 million, up 19.9% year on year and 9.9% quarter on quarter, with net profit attributable to owners of the parent at $123.4 million, up 147.1% year on year and 77.7% quarter on quarter. Excluding the consolidation of Huali Microelectronics, revenue was $803.4 million, above the guidance range of $770 million to $780 million, while gross margin reached 24.6%, up 7.6 percentage points year on year.
TREE NEWS update: The US Treasury’s Office of Foreign Assets Control sanctioned 10 individuals and one entity tied to a North Korean IT worker network. SlowMist’s MistTrack analysis of the listed crypto addresses found shared on-chain links: one Ethereum address listed under both Boykov and Obertas received about $9.88 million from Boykov, while Boykov’s two TRON addresses sent 1.66 million USDT to an Obertas address. Boykov and Kim Ki Hyok’s Ethereum addresses also sent funds to the same Bybit deposit address.
TREE NEWS reports: Germany’s DAX index rose 0.5% on Tuesday, surpassing its record closing high from August. The benchmark’s advance extends a broader rally in German equities. No further details were immediately available.
TREE NEWS update: China’s Ministry of Commerce convened a meeting in Shanghai on Nov. 5 on supporting the upgrade of Shanghai’s international trade center, saying the hub faces new circumstances and tasks. The ministry said it will work with other departments to back the upgrade, cultivate new momentum in foreign trade and strengthen Shanghai’s role as an international trade hub.
TREE NEWS update: Meta has acquired Conductor, an AI coding startup whose tool lets users deploy AI agents across multiple parallel workspaces to launch and advance several software projects at once. Conductor founder and CEO Charlie Holtz announced the deal on Wednesday, saying the company is planning its next-generation interface with new progress expected early next year. Meta confirmed the acquisition but did not disclose terms. Conductor was founded in 2024 and launched its core product last summer.
TREE NEWS update: Arkansas has filed a lawsuit against prediction market platform Kalshi, alleging its operations constitute illegal gambling and cause mental harm. The action makes Arkansas the latest state to take legal steps against Kalshi, joining a growing list of states pursuing cases against the platform. The lawsuit does not specify further details in the available material.
TREE NEWS update: Lenovo Group Chairman and CEO Yang Yuanqing said the company is advancing toward a long-term goal of 30% global PC market share, speaking at Lenovo’s Global Industry Analyst Conference (GIAC). The target was described as a long-term objective, with no timeline or current share figure disclosed.
TREE NEWS reports: Bitcoin and Ether exchange-traded funds attracted $128 million in combined inflows as crypto markets rebounded following the U.S. midterm elections. Fidelity led Bitcoin ETF inflows, while BlackRock’s IBIT recorded another $201 million in outflows, extending its outflow streak to four consecutive trading sessions.
TREE NEWS reports: Democrats have secured majorities in both chambers of Congress, taking 54 Senate seats and 228 House seats. The shift hands control of the digital-asset legislative agenda to Democrats after two Republican-led years. Industry critics Elizabeth Warren, Sherrod Brown and Maxine Waters are likely to chair key committees, making existing crypto bills harder to pass as attention turns to investigating the Trump family’s World Liberty Financial.
TREE NEWS update: Israeli Prime Minister Benjamin Netanyahu on November 5 attacked an Arab-Israeli political party, accusing it of “supporting terrorism” and calling for a government led by Likud. Former IDF Chief of Staff and Yashar party leader Gadi Eisenkot said the same day he would accelerate the formation of a new government and work to renew and deepen Israel’s ties with the United States.
TREE NEWS reports: European Central Bank Governing Council member and Bank of France Governor Moulin said rising yields represent a new test for the financial industry. The remark flags pressure on financial firms as bond yields climb, though the material did not specify which markets or institutions are most exposed.
TREE NEWS reports: Japan’s government is considering writing an exception to its three non-nuclear principles into the National Security Strategy due to be revised by year-end, potentially allowing nuclear weapons to be brought into Japan in an emergency, Kyodo News reported on the 5th, citing people familiar with the matter.
TREE NEWS reports: Hong Kong stocks closed sharply higher, with the Hang Seng Index rising 3.67% and the Hang Seng Technology Index gaining 5.55%. Internet shares led the advance, as NetEase climbed more than 9% and Alibaba rose over 8%. Gold and auto stocks were among the top sector performers, with Laopu Gold up more than 8% and Li Auto gaining nearly 9%.
TREE NEWS update: The People’s Bank of China and Bank Indonesia held a joint working mechanism meeting on November 3, 2026. PBOC Deputy Governor Xuan Changneng and Bank Indonesia Deputy Governor Thomas Djiwandono attended, exchanging views on progress under the joint mechanism and priorities for the next phase of bilateral financial cooperation.