TREE NEWS update: EU foreign policy chief Kallas said the bloc has seen no goodwill from Russia, adding that attention on Ukraine should focus on a ceasefire. She did not specify further measures or a timeline. The remarks come amid ongoing diplomatic efforts over the war in Ukraine.
TREE NEWS reports: Pistachio prices in China have risen about 33% over the past three months. Industry sources attribute the surge to reduced output in the United States and Iran, with Iranian pistachio exports falling sharply. With the year-end consumption season approaching, nut food companies are adjusting procurement schedules and seeking alternative supply sources.
TREE NEWS update: The Hague District Court on Nov. 11 rejected Jaguar Land Rover’s application for evidence preservation in its intellectual property dispute with BYD over the Ti7, the overseas version of the Fang Cheng Bao Titan 7. The court declined JLR’s request for a surprise search of BYD offices and the seizure of internal R&D documents, ruling that the broad raid lacked sufficient necessity.
TREE NEWS update: Zhang Wei, chairman and general manager of Shanghai Fudan Microelectronics Group, proposed buying back the company’s A-shares for a total of no less than 50 million yuan and no more than 100 million yuan, and its H-shares for no less than HK$100 million and no more than HK$200 million. The A-share repurchases would fund employee stock ownership and/or equity incentive plans, while the H-share buybacks would be cancelled and/or held as treasury shares.
TREE NEWS reports: Bank of New York Mellon increased its stake in Strive (ASST) to 257,718 shares, valued at $5.78 million. 12. BNY, which manages $2.2 trillion in assets, disclosed the larger holding in the Bitcoin-focused asset manager.
TREE NEWS reports: Nvidia’s board is reportedly preparing to remove CEO Jensen Huang, with shares falling about 8% after hours to as low as $158.76 on Nov. 11, below the one-year low of $164.27. The reported move follows a Nov. 8 board investigation into Huang’s conduct and a securities class action filed Nov. 9. Nvidia declined to comment and no official decision had been announced as of premarket Nov. 12.
TREE NEWS update: Tianfu Communication repurchased 100,000 shares on November 12, 2026, representing 0.0092% of its total share capital, at prices ranging from 140.56 yuan to 150 yuan per share. The total transaction value was 14.5434 million yuan, excluding trading fees.
TREE NEWS reports: Barclays Private Bank chief market strategist Julien Lafargue said investors should stay exposed to the AI trade even as financing risks and leadership turmoil at Nvidia test its resilience. Previewing the bank’s upcoming 2027 outlook report, titled “Until the Music Stops,” Lafargue said Barclays sees solid reasons to keep investing, calling AI “not a bubble” but a technological revolution that will touch every industry, though it won’t happen overnight.
TREE NEWS reports: China’s average domestic economy-class airfare reached 683 yuan in the first ten months of the year, roughly flat year on year and 10.3% below 2019 levels. Fares trended high early in the year and fell after the Spring Festival peak, with July-August ticket prices down 8.3% year on year as airlines traded price for volume during the summer season.
TREE NEWS update: The national industry-finance cooperation platform run by China’s Ministry of Industry and Information Technology has helped enterprises raise more than 1.8 trillion yuan, with over 400,000 companies registered on the platform, the ministry said. The figures cover cumulative financing facilitated through the platform, which connects industrial firms with financial institutions.
TREE NEWS reports: MiniMax’s newly released image generation model, H3-Image, ranks first among open-weight models on both the text-to-image and image-editing leaderboards of independent AI evaluation platform Artificial Analysis, the platform’s rankings show. The model leads the open-weight category in both tasks, though the material does not specify its position against proprietary models or the underlying benchmark scores.
TREE NEWS update: Doubao Work has integrated third-party models including Kimi K3.1 Pro, GLM 5.3 and DeepSeek V4.1 Flash, and launched a limited-time discount plan. The platform now labels each model’s credit-consumption multiplier on its selection page, with lower coefficients using fewer credits. Doubao 2.1 Lite and DeepSeek V4.1 Flash also get reduced multipliers under the promotion, so the same tasks consume fewer credits.
TREE NEWS update: Qualcomm China Chairman Meng Pu said on Wednesday that on-device AI will see greater development, with AI agents delivering services across scenarios and replacing apps, fundamentally changing the app-driven behavior of the mobile internet era. Meng made the prediction in remarks reported by Sina Finance.
TREE NEWS update: Guoquan said its third-quarter 2026 revenue reached 1.9 billion to 2.0 billion yuan, with core operating profit of about 30 million to 40 million yuan. As of the end of September 2026, the company operated 12,142 stores, a net increase of 1,381 from a year earlier, including 3,478 township stores, up 916 year on year.
TREE NEWS update: Hua Hong Semiconductor plans to repurchase shares through centralized competitive bidding at a maximum price of 255.55 yuan per share, with total funding between 300 million and 500 million yuan. The buyback, to be completed within 12 months of shareholder approval, is intended for share cancellation and is expected to cover 1.17 million to 1.96 million shares, or 0.0609% to 0.1015% of total share capital.
TREE NEWS update: Ethlabs has withdrawn its Hegotá slot proposal as part of a roadmap aimed at helping Ethereum withstand quantum attacks and giving users a way to protect their accounts by 2027. The plan sets a 2027 target for quantum-resistance and account protection on Ethereum.
TREE NEWS reports: India’s consumer price index rose 6.09% year-on-year in October, exceeding the 6.00% estimate. The reading, released as official data, puts inflation above the Reserve Bank of India’s 6% upper tolerance limit. The figure is the headline CPI inflation rate for the month.
TREE NEWS update: Sygnum has launched an ETH Alpha Fund that pairs staking with options, arbitrage and carry strategies, targeting 8% to 10% annual returns paid in ETH. The fund is described as market-neutral, meaning its performance is designed to be independent of ETH’s price direction. The product combines yield from staking with additional strategies to reach its return target.
TREE NEWS update: Zhongji Innolight’s wholly owned subsidiary Xuchuang Investment plans to subscribe for a 3.28% stake in Hangzhou Guanghe Phase III Venture Capital Partnership with 50 million yuan. The fund has a committed scale of 1.526 billion yuan and will mainly invest in early- and growth-stage projects in artificial intelligence, hard tech, new materials, green tech, medical tech, and frontier technology.
TREE NEWS reports: BlackRock’s Alex Brazier said the Bank of England could implement three to four additional rate hikes, in line with current market pricing. After last week’s 25 basis-point increase brought the benchmark rate to 4%, another hike as soon as December is “possible.” Brazier cited resilient economic growth and an energy shock driving inflation, making market expectations of three to four more hikes appear reasonable.