TREE NEWS update: Shanghai Futures Exchange penalized quant private fund TianSuan Quant (Beijing) Capital Management after an employee, Du Jian, traded silver options contracts against each other using his personal account and the fund’s TianSuan Index-Enhancement Protection Exclusive No. 2 account on Feb. 12, disrupting market order. The exchange disclosed the violation in a recent penalty notice.
TREE NEWS reports: US-listed memory chip stocks fell broadly in premarket trading, with SK Hynix ADR down 3.81% and Micron Technology down 3.79%. SanDisk dropped 4.19%, Western Digital fell 3.43% and Seagate Technology declined 2.78%.
TREE NEWS reports: Strategy (MSTR.O) fell 4.3% in US premarket trading after MSCI proposed removing the company from its global indexes. CoreWeave (CRWV.O) dropped 7% premarket as the company plans to issue at least $4 billion in investment-grade loans.
TREE NEWS update: Google suffered a setback in court litigation over its AdSense advertising business. The decision marks another legal reversal for the Alphabet unit as it defends its advertising practices before the courts. Further details of the ruling were not immediately available.
TREE NEWS reports: Zhipu dropped 10.1% over the past 24 hours and was trading at 57.34 USDT, market data show. The move marks a sharp single-day decline for the token, which last changed hands at that level.
TREE NEWS reports: The London Metal Exchange reported a mixed day of inventory moves: copper stocks rose 8,925 tonnes, while lead fell 5,475 tonnes and zinc dropped 950 tonnes. Aluminium declined 375 tonnes, nickel gained 894 tonnes, and tin was unchanged.
TREE NEWS reports: Nvidia (NVDA.O) shares fell nearly 7% in premarket trading. The drop follows renewed rumors about CEO Jensen Huang’s extramarital affairs, with reports that Nvidia’s board is discussing whether he should stay on. The company has not issued a statement on the matter.
TREE NEWS reports: Nvidia fell about 7% in U.S. premarket trading, with reports that CEO Jensen Huang faces a new extramarital affair allegation and the board is preparing to remove him. CoreWeave dropped about 7% after reports it plans to sell investment-grade loans to raise at least $4 billion. Memory chip stocks also fell, with SK Hynix, SanDisk and Micron each down about 4%, while optical names Coherent, Credo, Lumentum and Marvell each lost about 4%.
TREE NEWS update: The U.S. Department of Labor sent its proposed rule allowing 401(k) retirement plans to hold crypto and other alternative assets to the White House Office of Management and Budget for final review on Thursday. The proposal, published in March, sets no limits on which digital assets qualify and no minimum market-cap threshold, but requires plan fiduciaries to assess performance, fees, liquidity, valuation, benchmarks and complexity. Bitcoin and ether may see early adoption, though altcoins are not automatically excluded.
TREE NEWS reports: Citadel, a bitcoin mining firm linked to the UAE royal family, is still actively mining and holds bitcoin worth about $532 million, Arkham data shows. 2pointzero owns 85% of Citadel, and 2pointzero is wholly owned by International Holding Company (IHC). UAE Royal Group, owned by Abu Dhabi royal Sheikh Tahnoon bin Zayed Al Nahyan, holds roughly 61% of IHC.
TREE NEWS update: Zhejiang province issued a 10-year general local government bond totaling 14.5 billion yuan at a coupon rate of 1.6000%. The bid-to-cover marginal multiple came in at 3.63 times against an expected multiple of 1.60, indicating demand well above the issuer’s projection.
TREE NEWS update: Pop Mart repurchased HK$65.7 million worth of its own shares on November 12. The Hong Kong-listed toymaker disclosed the buyback in a filing. The company did not provide further details on the number of shares repurchased or the price paid.
TREE NEWS reports: Igor Kostyukov, head of the Main Intelligence Directorate of the Russian Armed Forces General Staff, reportedly made a secret private-jet visit to Israel before traveling to Abu Dhabi for trilateral talks between Russia, the United States and Ukraine, Israeli media reported. The purpose of the visit remains unclear as Washington and Jerusalem weigh whether to continue strikes on Iran.
TREE NEWS update: Blockchain infrastructure provider Chainstack has told customers to replace node credentials and update their applications following a data breach, while confirming its services remained online throughout. The company did not disclose the scope of the incident or how many customers were affected.
TREE NEWS reports: Hengqin Port handled more than 4 million inbound and outbound vehicle crossings as of 16:00 on Nov 12, up 36.2% year on year and the first single-year total above 4 million since the port opened, ranking third nationwide. Macau single-plate vehicles accounted for nearly 2.67 million crossings, or 66.7%. The port’s joint one-stop inspection cut cross-border clearance time from 8 minutes to under 100 seconds, and its 30 smart facial-recognition lanes opened on May 7 have served 1.55 million passengers.
TREE NEWS update: William Russell, head of Asia-Pacific equity product specialists at Allianz Global Investors, said China assets have taken on a more strategic role in global portfolios, speaking at the Shanghai Stock Exchange International Investor Conference. The question is no longer when to allocate to China but how to do so strategically, he said. Amid volatility over recent weeks, international investors are increasingly considering China investments to complement or diversify existing portfolios.
TREE NEWS update: Gate will list five US stock perpetual contracts — FRHC, DUOL, FISV, KMB and MS — on its contract stock section on Nov. 12 at 17:00 (UTC+8). All contracts settle in USDT and support 1–20x leverage for both long and short positions. Trading bots and copy-trading features will go live within one hour of listing.
TREE NEWS update: Binance’s Dual Investment product will begin supporting HYPE (Hyperliquid) from Nov. 12, 2026, at 16:00 UTC+8, the exchange’s wealth management arm said. Users can subscribe with HYPE, USDT or USDC via the HYPE-USDT and HYPE-USDC pairs. The product offers multiple target prices, settles every Tuesday and Friday at 16:00 UTC+8, and advertises annualized yields of 3.65% or higher, with returns regardless of market direction.
TREE NEWS update: ChangXin Memory Technologies (CXMT) said its DDR5 DRAM dies have completed the iteration from 24Gb to 32Gb, with RDIMM modules now covering the mainstream 32GB–128GB capacity range and 5600Mbps–8000Mbps speeds. Its MRDIMM line spans 128GB and 192GB capacities with speeds reaching up to 12800Mbps, the company said.
TREE NEWS update: Insta360 (影石创新) plans to use 298 million yuan ($41 million) of over-raised IPO proceeds to build a new R&D project for an integrated device-cloud imaging software system, the company said in a filing. The proposal has been approved by the sixth meeting of the third board of directors and will be submitted to the company’s third extraordinary shareholders’ meeting of 2026, which will combine on-site and online voting.