TREE NEWS update: China will launch a national computing interconnection regional node for Hubei and debut industry nodes under its “1+M+N” computing network at the 2026 China 5G+Industrial Internet Conference, to be held in Wuhan from Nov. 18 to 20. The event will also start the second batch of national “5G+Industrial Internet” integrated application city pilots, according to the Ministry of Industry and Information Technology’s news center.
TREE NEWS update: Huawei launched its first HarmonyOS desktop PC, the Qingyun HM650 series, running HarmonyOS V1.0 with the self-developed Kirin X90 chip. The machine ships with the new Xiaoyi AI agent and HarmonyOS Xingdun Security 2.0, and can receive tasks remotely from a HarmonyOS phone for cross-device handoff. More than 21,000 apps have been adapted for the system.
TREE NEWS update: Foxconn said its AI-related business is expected to continue growing in the fourth quarter, without disclosing figures. The company also said it will keep monitoring the impact of volatility in the global political environment. The outlook covers the final quarter of the year.
TREE NEWS reports: France’s manufacturing output declined 0.7% year-on-year in September, following a revised 0.1% drop the previous month. The September reading marks a deepening contraction in the country’s factory sector compared with August’s figure.
TREE NEWS reports: France’s industrial production fell 0.5% month-on-month in September, missing expectations of a 0.3% increase and reversing the prior month’s 0.3% decline. The reading points to continued weakness in the country’s manufacturing sector.
TREE NEWS update: Huawei’s HarmonyOS PCs have shipped more than 1 million units, Zhu Dongdong, president of the company’s tablet and PC product line, said at the HarmonyOS Office Industry Summit. The independent HarmonyOS PC ecosystem now hosts over 21,000 applications, he said. The figures mark a shipment milestone for Huawei’s self-developed PC operating system.
TREE NEWS update: Lenovo Group has appointed Amar Babu, currently senior vice president and president of Asia Pacific, as general manager of its Mobile Business Group and global president of Motorola, effective January 1, 2027. Babu will report to Luca Rossi, executive vice president and president of the Intelligent Devices Group, and will oversee Motorola’s global business, driving premium smartphones and the personal AI and smart device ecosystem.
TREE NEWS update: Weibo CEO Wang Gaofei said at the World Internet Conference Wuzhen Summit’s Internet Entrepreneurs Forum that an entrepreneur’s personal IP is not just personal traffic heat but a long-term trust asset built through technology sharing, product philosophy and responsibility. He warned against three common pitfalls: promotion without communication, reasoning without empathy, and attitude without action, noting users want real explanations, interactive feedback and respect.
TREE NEWS update: CFTC Chairman Mike Selig said on Nov. 3 that single-stock perpetual futures may trade on US regulated venues under joint CFTC and SEC oversight, classified as security futures under the Commodity Futures Modernization Act. Venues must hold designated contract market status and register with the SEC as national securities exchanges. Kalshi began offering perpetuals on AMGN, MCD, QCOM and COST the same day, with leverage of about 4.9x.
TREE NEWS reports: United Microelectronics Corp. reported October sales of NT$25.2 billion, an 18% increase from a year earlier. The Taiwanese chipmaker, known as UMC, disclosed the monthly revenue figure in its latest sales update.
TREE NEWS reports: ARM dropped 10.7% over 24 hours and is now trading at 184.19 USDT.COM data. The move marks a sharp single-day decline for the token, which last changed hands at 184.19 USDT.
TREE NEWS update: Heilongjiang completed its first clean energy export transaction to Hunan, trading 245,000 kWh, bringing the province’s annual contracted power export volume above 20 billion kWh for the first time. Clean power accounted for 13.711 billion kWh of the total, with both figures hitting record highs. Exports now cover 20 provincial-level regions across China.
TREE NEWS update: China Development Bank issued a 1-year bond worth 4 billion yuan on Wednesday, pricing it at a yield of 1.2753%, below the expected 1.3000%. The issue drew a bid-to-cover ratio of 7.47 times and a marginal bid ratio of 5.74 times, indicating strong demand for the policy bank’s short-term debt.
TREE NEWS update: China has told Japan’s SoftBank Group that it will not approve its acquisition of the robotics business of Swiss-Swedish joint venture ABB, and SoftBank recently learned the deal would be blocked by China’s National Development and Reform Commission. Asked to confirm the report at a regular press briefing, Foreign Ministry spokesperson Guo Jiakun said the question should be directed to the competent Chinese authorities.
TREE NEWS update: China’s Ministry of Industry and Information Technology opened public consultation on draft interim rules for digital identity management of new-energy vehicle power batteries. The draft requires battery makers, NEV producers including importers selling domestically, battery-swap operators, vehicle repair firms, end-of-life vehicle recyclers and comprehensive utilization enterprises to submit traceability data to the national NEV power battery traceability platform under the interim measures on retired battery recycling and utilization.
TREE NEWS reports: Jupiter ranked first among all-chain DEX aggregators by trading volume in the third quarter of 2026, holding the top spot for an eighth consecutive quarter despite operating only on Solana. DFlow placed second, followed by 0x Protocol, KyberSwap, OKX DEX, LiquidMesh, Uniswap, CoWSwap, 1inch and Binance Wallet.
TREE NEWS reports: TENDRIL’s Sell Hook flaw let sellers deduct the trading pair’s token balance and sync reserves before the remaining sell input arrived, allowing the delayed input to drain nearly all USDT and cause a net loss of about $555,000, CertiK Alert monitoring shows. The exploit targets the protocol’s sell mechanism.
TREE NEWS update: Li Auto said on Wednesday that fraudulent text messages falsely claiming its vehicles are subject to an “airbag recall” were not sent by the company and are part of a scam. The messages urged owners to complete procedures via a link within two hours, threatening to void warranty service, and Li Auto said no such recall exists and the link is not its official website.
TREE NEWS reports: Hainan’s offshore duty-free shopping totaled 33.45 billion yuan ($4.7 billion) in the 12 months from November 2025 to October 2026, the first full year after the island’s 10th duty-free policy optimization took effect on Nov. 1, 2025. Haikou Customs data showed shoppers rose 8.6% year-on-year to 4.879 million and items purchased climbed 2.4% to 27.644 million, with sales up 13.8%.
TREE NEWS update: China’s Ministry of Commerce said on the 5th that Beijing remains open to expanding purchases of US agricultural products, but only if a reciprocal ‘300-for-300’ tariff reduction arrangement between the two sides is implemented. Spokesperson Huang Ling told a regular press briefing that agricultural trade is an important part of bilateral economic cooperation, and called on Washington to work with Beijing to lower tariffs, cut non-tariff barriers and widen market access.