Flash News

TREE NEWS reports: Nasdaq futures turned negative and Nvidia shares fell more than 1% in premarket trading. The move lower in the tech-heavy index futures and the chipmaker’s stock came as U.S. equity markets headed toward the opening bell.

TREE NEWS update: European Central Bank presidency candidate Klaas Knot said the ECB will subsequently adopt a “slightly hawkish” policy response. He also said artificial intelligence will drive productivity growth, and that businesses can benefit from AI through sensible adoption. Allowing more consolidation could further boost productivity growth, he added, noting Europe is constrained by a lack of integrated capital markets.

TREE NEWS reports: AMD shares fell 1.2% in US premarket trading, erasing an earlier gain that had reached as much as 8.1%. The reversal left the chipmaker lower on the session before the opening bell.

TREE NEWS update: The 2026 World Internet Conference Wuzhen Summit released the “Joint Initiative for Building a Global Open Artificial Intelligence Action” at its main forum on Wednesday. The initiative warns that compute, data and talent are highly concentrated, with only a few countries and companies able to develop and apply foundation models, risking a new digital divide. It calls for countries to jointly build and share compute pools and high-quality datasets, establish an open-source seed fund, and support Global South countries in localizing development on open foundations.

TREE NEWS update: The 2026 China Radio and Television Quality Content Creation Conference opened in Beijing on December 4 under the theme “Creating Classics of the Era, Scaling Peaks of Art.” The event brings together industry participants for content guidance, theoretical seminars, excellence awards, talent development and industry collaboration aimed at producing more high-quality works and strengthening broadcast media’s appeal.

TREE NEWS update: Doubao Work announced it has integrated three official plugins: Douyin Life Services Operations, Juliang Local Push, and TikTok for Business. After completing the relevant account authorization, users can query store data, conduct business reviews, and get recommendations via natural-language prompts, reducing manual report handling and repeated consolidation while eliminating the need to switch between multiple backends, the company said.

TREE NEWS update: Meta Platforms’ debut euro-denominated bond issue drew record investor demand of €53 billion (about $59.7 billion). The order book marks the largest ever for a euro bond sale. The company has not disclosed the size or pricing of the final issue.

TREE NEWS update: Chinese Assistant Foreign Minister Liu Bin held foreign ministry consultations with Belarusian First Deputy Foreign Minister Sergei Lukashevich in Beijing. Lukashevich congratulated the Communist Party of China on the successful convening of its 20th Central Committee’s fifth plenary session, stressing Belarus’s high priority on ties with China and its readiness to deepen high-level exchanges, mutually beneficial cooperation across fields and coordination within multilateral mechanisms.

TREE NEWS update: USDC issuer Circle disclosed a 5% workforce reduction in its earnings release, recording $9.1 million in restructuring costs during a profitable quarter. The stablecoin company’s reserve income fell 8% over the period.

TREE NEWS update: China Electronics Technology Ceramics Group said on an investor interaction platform that its current orders are full and capacity utilization has remained at a high level, with economies of scale set to become more evident. The company said product pricing is market-based and it will set prices after monitoring industry conditions, market demand and raw material costs.

TREE NEWS update: US President Donald Trump said he would decide whether to escalate action against Iran based on circumstances, stating in an interview aired on Politico’s website on the 4th that “we’ll see what happens.” Asked whether he would use nuclear weapons against Iran, Trump said, “I don’t need to use nuclear weapons. We have already destroyed 90% of their power.”

TREE NEWS update: Tongyi Shares said its controlling subsidiary Tongyi Petrochemical has signed a strategic cooperation agreement with CATL on coolant technology, covering innovation, commercialization and industrialization through Dec. 31, 2029. The framework pact does not yet specify purchase volumes, transaction amounts or pricing, and the company expects no material impact on this year’s operating results.

TREE NEWS update: Asymchem plans to repurchase between RMB 500 million and RMB 700 million of its shares at a maximum price of RMB 246 per share. The buyback would cover an estimated 2.03 million to 2.85 million shares, or 0.56%-0.79% of total share capital. Up to 60% will fund an employee stock ownership or incentive plan, with at least 40% cancelled to reduce registered capital, within 12 months of board approval.

TREE NEWS update: Gaomi Anxin Investment Management Co., a shareholder holding over 5% of Furi Shares, bought 7.5029 million shares on the Shenzhen Stock Exchange on Nov. 4, 2026, equal to 0.79% of total share capital, lifting its stake from 11.21% to 12%. The purchase was made through centralized competitive bidding and crosses a 1% threshold. The company said the move will not result in a change of control.

TREE NEWS update: Sanhuan Group plans to repurchase RMB 500 million to RMB 1 billion of its shares at no more than RMB 100 per share, the company said. The buyback would cover an estimated 5 million to 10 million shares, or 0.25% to 0.50% of total share capital, and will be used to maintain company value and shareholder rights via resale. The program runs for no more than three months from board approval.

TREE NEWS update: Meta is planning its first-ever euro-denominated bond sale, aiming to raise up to €9 billion, the company said. The offering marks the social media giant’s debut in the euro bond market. Further terms of the sale were not disclosed.

TREE NEWS update: The China Television Drama Production Industry Association unveiled its Communications Working Committee at the 2026 China Radio and Television Fine Creation Conference in Beijing. The committee was inaugurated during the afternoon TV drama and web drama forum at the Beijing Convention Center. The new body is intended to support the distribution and communications of Chinese television dramas.

TREE NEWS reports: Global LCD TV panel prices are expected to remain broadly stable in November as supply and demand settle into a weak equilibrium, CINNO Research said in a report. Domestic demand is unlikely to grow noticeably, while Black Friday promotions overseas may prompt brands to place rolling replenishment orders. Leading makers are expected to keep producing on demand, and rigid upstream material costs plus full-year profit targets should help support prices.

TREE NEWS update: Singapore’s parliament advanced amendments to its cross-border haze law on June 4, proposing harsher penalties that would allow offenders to be arrested and expose non-compliant companies to fines of up to tens of millions of dollars. The changes target the legal framework used to hold entities accountable for haze pollution originating outside the country.

TREE NEWS update: SEC staff issued a no-action letter treating Canton Network’s CC token as a ‘digital commodity’ when earned by running infrastructure and applications, sending the token up 4%. The letter is not a binding ruling on CC’s legal status, leaving the classification open to challenge. The relief covers CC earned through operating nodes and apps on the Canton Network.