TREE NEWS update: BYD and vivo signed a strategic cooperation agreement in Shenzhen, the automaker said. The two companies will deepen collaboration on AI cross-device integration, phone-to-vehicle connectivity, digital car keys and in-car fast charging. The agreement covers several areas linking smartphones and vehicles.
TREE NEWS update: Unitree Technology founder and chairman Wang Xingxing said robot combat performances are now less entertaining than last year because the machines have become far more stable, with fewer falls and knockdowns. Speaking at the 9th Hongqiao International Economic Forum’s humanoid robot and embodied intelligence forum, he noted the autonomous combat concept was proposed by Unitree in 2025 and has run for over a year. The robots use an end-to-end world model to capture real-time footage and make decisions directly.
TREE NEWS update: Guangdong Power Artificial Intelligence Experimental Research Institute Co. increased its registered capital from 10 million yuan to 150 million yuan, a 1,400% rise. New shareholders include China Energy Engineering Group Guangdong Electric Power Design Institute, Inner Mongolia Power (Group), Yunnan Aluminium and Shanghai AI Laboratory. The company, founded in April 2025 with legal representative Lu Zhiliang, is now jointly held by China Southern Power Grid Digital Grid Group and the new shareholders.
TREE NEWS update: US midterm voting ended on November 3, with preliminary counts projecting Democrats to control more than half the seats in both the Senate and House. Kremlin spokesman Dmitry Peskov said on November 4 that President Trump is still exercising his powers and that Russia sincerely hopes he will continue efforts to promote peace. Peskov said groundwork has begun for a new round of Russia-US-Ukraine trilateral talks, and that no Putin-Trump call is currently planned.
TREE NEWS update: Hebei province issued a 30-year special local government bond for new-district projects totaling 12.637 billion yuan ($1.74 billion), priced at a 2.1700% coupon. The bid-to-cover margin was 1.05x against an expected 2.16x, indicating demand came in well below market expectations.
TREE NEWS update: National People’s Congress Standing Committee Vice Chairman Ding Zhongli met with representatives of the 2026 China-France Mayors’ Roundtable in Beijing on November 5. Ding said local cooperation is an important part of China-France relations and called on both sides to implement the important consensus reached by the two heads of state, strengthen practical cooperation and cultural exchanges, and help the comprehensive strategic partnership develop steadily.
TREE NEWS update: A shooting at a large Citigroup office complex near Tampa, Florida, on the 4th left two people dead and four injured, the Hillsborough County Sheriff’s Office said. A suspect drove into a dining area below the office building and opened fire with a rifle at a woman, Deputy Chief Frank Losat said. The gunman was wounded in an exchange of fire with a security guard and later died.
TREE NEWS reports: Combined turnover across Shanghai, Shenzhen and Beijing exchanges again exceeded 2 trillion yuan, rising 107.6 billion yuan from the same time a day earlier, marking a second consecutive trading day above the 2 trillion yuan threshold. The volume figure covers the three mainland bourses.
TREE NEWS reports: Yemen’s Houthi movement demanded $51 billion from Saudi Arabia as a condition for ending hostilities, after the group attacked Saudi oil tankers in the Red Sea and seized key areas of the strategic Bab al-Mandab Strait. Saudi officials had approached the Houthis to explore the possibility of negotiated talks to halt the fighting. The demand was conveyed through multiple informed sources cited on November 4.
TREE NEWS update: MetaX’s wholly owned subsidiary MetaX Digital (Shanghai) Technology has joined Tianjin Lisi Xingshen Equity Investment Partnership as a limited partner, following a business registration change. Lisi Capital had previously invested in MetaX as a general partner, and MetaX Digital is now reversing that relationship by funding Lisi’s new vehicle. The move comes as a wave of Chinese semiconductor companies return to the primary market as LPs.
TREE NEWS reports: Southbound trading recorded a net sell of HK$10 billion. The figure reflects net sales by mainland investors through the stock connect. No further breakdown of individual stock flows was provided.
TREE NEWS reports: Japan’s Nikkei 225 closed down 1.8% at 61,077.90 on the day, while the broader TOPIX index rose 1.2% to 3,940.39. South Korea’s KOSPI Composite Index closed down 5.28% at 5,383.65.
TREE NEWS update: The World Openness Report 2026, released on Friday afternoon at the Hongqiao International Economic Forum, shows the global openness index recorded its largest decline in nearly a decade in 2025. The openness index for emerging and developing economies rose year on year, with China remaining at the forefront of developing countries. The report has now been published for six consecutive years.
TREE NEWS reports: Sony Group reported second-quarter net profit of ¥449.6 billion, beating the ¥360.1 billion market estimate. Operating profit reached ¥622.33 billion versus a ¥491.08 billion forecast, on net sales of ¥3.43 trillion. The company raised its full-year operating profit guidance to ¥1.87 trillion from ¥1.72 trillion and lifted its net sales forecast to ¥13.00 trillion.
TREE NEWS reports: Nintendo reported second-quarter net profit of ¥73.49 billion, down 29% year on year and below the ¥82.21 billion market estimate. Operating profit fell 16% to ¥73.90 billion against a ¥88.1 billion forecast, while net sales dropped 15% to ¥448.23 billion. The company guided full-year operating profit to ¥370.0 billion and net profit to ¥310.0 billion, both well under consensus.
TREE NEWS update: Iranians held large anti-US rallies in multiple cities on the 4th, marking the 1979 takeover of the US embassy in Tehran. The demonstrations come as Washington escalates threats, warning it may restart military strikes against Iran. The rallies were held under the slogan of condemning the United States and Israel.
TREE NEWS update: US President Donald Trump said on the 4th that if Democrats move to impeach him after taking control of Congress next year, it would “destroy” the Democratic Party. Trump also said he would not fire Pete Hegseth. The comments address a potential impeachment effort and his defense secretary’s position.
TREE NEWS update: China’s State Administration for Market Regulation approved and published the national standard “Technical Specifications for Special Protective Performance of Eye and Face Protection Devices,” organized by the Ministry of Emergency Management. The standard targets risks in smelting, casting and cutting operations, covering hazards including ultraviolet and infrared radiation, molten metal, droplets and flowing liquids, dust particles and thermal radiation. It unifies technical requirements and test methods for special protective performance.
TREE NEWS reports: ChinaAMC STAR Semiconductor ETF (588170) traded 13.7 billion yuan on the day, 47% above its full-day volume from the previous session, setting an all-time high for the fund, with the ETF up 4.17%. Its top three holdings are Hwatsing Technology at 11.10%, Skyverse at 10.76% and AMEC at 10.19%.
TREE NEWS update: China’s National Energy Administration has proposed 93 projects for its “AI Plus” energy pilot list, including an intelligent decision-making system for substation main equipment maintenance, and opened them to public comment from Nov. 5 to 11, 2026. The list follows expert review and re-verification under the NEA’s call for high-value AI energy scenarios and pilot applications.