TREE NEWS reports: China’s ChiNext Index climbed more than 3% and the STAR 50 Index rose over 5%, while the Shanghai Composite added 0.34% and the Shenzhen Component gained 2.34%. Solar power, precious metals, consumer electronics, lithium batteries and semiconductor chips led the gains, with nearly 4,700 stocks advancing across the Shanghai, Shenzhen and Beijing markets.
TREE NEWS update: Researchers at the Chinese Academy of Sciences’ Institute of Physics have developed a series of amorphous halide solid electrolytes, xNaBF₄–ZrCl₄, using low-cost NaBF₄ and ZrCl₆ precursors via a one-step mechanochemical method. The material achieved a room-temperature ionic conductivity of 1.01 mS/cm, and all-solid-state sodium batteries built with it cycled stably for 400 cycles over 2.5–4.2 V with strong low-temperature capacity retention.
TREE NEWS reports: Hong Kong’s Hang Seng Tech Index climbed more than 5% on the day, with chipmaker Iluvatar CoreX gaining over 10%. NetEase and Meituan each rose more than 8% as part of the tech-sector rally. No specific catalyst for the move was cited.
TREE NEWS update: Dalian issued 7-year special-purpose local government bonds totaling 314 million yuan at a coupon rate of 1.4400%, with a marginal bid-to-cover ratio of 1.40 times against an expected 1.44. The city also sold a separate 7-year special bond of 400 million yuan at the same 1.4400% yield and marginal multiple of 1.40. Additional issuances included 4.5 billion yuan of 7-year general bonds and 4.21742 billion yuan of 10-year general bonds at 1.6300%.
TREE NEWS reports: The ChiNext Index rose more than 2% on the day after falling more than 2% at the open, while the STAR 50 Index climbed over 3%. The Shanghai Composite added 0.19% and the Shenzhen Component gained 1.84%, with solar equipment, precious metals, batteries and semiconductor chips among the top gainers. More than 4,700 stocks advanced across the Shanghai, Shenzhen and Beijing markets.
TREE NEWS update: The 9th China International Import Expo and Hongqiao International Economic Forum opened in Shanghai on November 5. The event drew 4,142 overseas companies from 162 countries, regions and international organizations, with total exhibition space exceeding 440,000 square meters for the first time. Corporate exhibition area topped 370,000 square meters, more than 300 Fortune Global 500 and industry-leading firms participated for the first time, and over 480 global, Asian or China premieres were showcased, a record high.
TREE NEWS update: South Korea’s Financial Services Commission will introduce a cornerstone investor system for initial public offerings to curb sharp post-listing price declines. Under the new rules, approved by the government on Tuesday, institutional investors committing to a lock-up of at least six months can receive early share allocations. The regulation will take effect on November 13 alongside an amendment to the Capital Markets Act.
TREE NEWS update: Prosecutors in China have filed a public prosecution against Ma Xingrui, former member of the Communist Party of China Central Politburo and former deputy head of the Central Rural Work Leading Group, on suspicion of accepting bribes. The case has been formally brought to court, marking a rare graft prosecution of a figure at the top tier of the party hierarchy.
TREE NEWS reports: Morgan Stanley said the risk-reward for some Chinese equities has improved, citing stronger “national team” support, and screened 10 stocks with solid fundamentals that are oversold and offer buy-the-dip opportunities. The list includes Zhongji Innolight, Cambricon, Hygon Information, Luxshare Precision, GigaDevice, Sungrow Power, Zijin Mining, Innovent Biologics, China Jushi and Defu Technology. The bank cautioned that near-term market volatility may persist.
TREE NEWS reports: Hong Kong’s Hang Seng Tech Index extended its rally on the day, with gains widening to 4.6%, while the benchmark Hang Seng Index rose 2.9%. The move marks a sharp session of strength for Hong Kong-listed technology shares.
TREE NEWS update: India’s cybersecurity agency said a threat actor is escalating an AI-assisted hacking campaign against crypto exchanges and other financial firms, warning that attacks are being carried out at “machine speed.” The agency did not name the actor or specify which exchanges or firms have been targeted.
TREE NEWS update: Zhuhai’s Natural Resources Bureau on Nov. 4 published a price notice for the repurchase of one idle parcel of state-owned construction land, proposing to reclaim the land-use rights for 181 million yuan. The move follows Ministry of Natural Resources rules allowing local governments to use special-purpose bond funds to buy back idle land, and was agreed with the land-use rights holder after municipal government review.
TREE NEWS reports: Chinese semiconductor chip stocks extended their rebound, with Yourui New Materials, Xiandao Jidian and Broadcom Integrated Circuit hitting the daily limit-up. Jingyi Equipment rose more than 12%, while Centec Networks, Huafeng Test & Control, Bestechnic and Torrance gained over 7%. The move marks a continued recovery in the sector’s share prices.
TREE NEWS reports: The ChiNext Index, which tracks growth-oriented stocks on the Shenzhen Stock Exchange, reversed earlier losses to trade in positive territory, having been down as much as 2% during the session. No further details on the drivers of the intraday swing were provided.
TREE NEWS reports: Lumentum reported third-quarter revenue of $2.715 billion, with Strategic revenue up 10% year over year to $1.28 billion, or 55% of total revenue versus 53% in the second quarter. The company posted a net loss of $265 million, narrowing from a $621 million loss a year earlier. Adjusted EBITDA came in at $715 million, down from $787 million in the prior-year period.
TREE NEWS reports: The Shenzhen Component Index turned positive on the day, while the Shanghai Composite and ChiNext Index narrowed their declines, with solar equipment, precious metals, civil aviation airports and baijiu leading gains. More than 3,800 stocks advanced across the Shanghai, Shenzhen and Beijing exchanges.
TREE NEWS reports: Chinese innovative drug stocks rose against the broader market trend, with Jinling Pharmaceutical hitting its second consecutive daily limit-up. Haichuang Pharmaceutical gained more than 10%, while Lummy Pharmaceutical, Asymchem, Jenkem Technology and Guilin Sanjin each climbed more than 5%.
TREE NEWS reports: Hong Kong’s Hang Seng Tech Index extended its early gain to 3% at the open, while the benchmark Hang Seng Index rose 2%. NetEase climbed more than 7%, bucking the broader rally as Lenovo Group fell more than 10% in the same session. The divergence left the tech gauge higher even as one of its index heavyweights sold off sharply.
TREE NEWS reports: China’s A-share solar equipment sector continued to strengthen, with Yongzhen Co. rising by the daily limit for a third consecutive session and Beiteli surging 20% to its limit. Tongxiang Technology, Haitai New Energy, Shichuang Energy and Qingyuan Co. were among the top gainers. The move extends a broad rally in photovoltaic equipment names.
TREE NEWS reports: The CSI Convertible Bond Index opened 0.14% lower, with Weidao, Xianfeng, Aohong, Lianrui and Jingce-2 convertible bonds leading declines at 3.10%, 2.92%, 2.90%, 2.84% and 2.82% respectively. Tianyuan, Jincheng, Jinlang-02, Fengmao and Fuxin convertible bonds led gains, rising 2.77%, 2.65%, 2.00%, 1.93% and 1.12%.