TREE NEWS update: The UK publishes third-quarter GDP at 15:00 Beijing time, alongside Foxconn’s third-quarter earnings and investor call. The European Central Bank releases its economic bulletin at 17:00, while US initial jobless claims for the week ended Nov. 7 are due at 21:30. Fed governors Barr and Goolsbee, San Francisco Fed President Daly, Kansas City Fed President Schmid and ECB President Lagarde are all scheduled to speak.
TREE NEWS update: The Shanghai Stock Exchange had 134 ETFs listed on its STAR Market as of the end of the third quarter, with total assets of nearly 370 billion yuan, SSE Chairman Qiu Yong said at the 2026 SSE International Investors Conference. STAR bond ETFs surpassed 200 billion yuan, more than tripling from their launch, he said, as the exchange expands index products including its first multi-asset and convertible bond indices.
TREE NEWS update: Tongxin Intelligence has completed seed and angel funding rounds totaling hundreds of millions of yuan, with investors including the Tsinghua Alumni Seed Fund, Beijing Institute for General Artificial Intelligence, Soling Technology, Pingzhi Information, DarkMatter AI and Yuzi Zhangquan. The proceeds will mainly fund core architecture design and R&D ahead of chip tape-out, with the company planning prototype verification of its first AGI chip in December.
TREE NEWS update: Kyoto Prefecture confirmed on Wednesday a positive gene test for suspected highly pathogenic avian influenza at a layer farm in Kameoka, marking Japan’s first bird flu case of the season. The prefecture said it will begin culling the chickens at the farm.
TREE NEWS reports: Indonesia’s benchmark stock index extended its advance to 2% on the day. The move marked a widening of the index’s earlier gains. No further details on the drivers or individual constituents were provided.
TREE NEWS update: Shanghai Stock Exchange Chairman Qiu Yong said the exchange will deepen comprehensive investment and financing reform, keep pushing to improve the quality of listed companies and enhance the inclusiveness and adaptability of market institutions. Speaking at the 2026 SSE International Investors Conference, he said the exchange will optimize basic institutional arrangements, leverage the STAR Market as a reform pilot, and steadily advance high-level opening of the capital market by upgrading connectivity mechanisms and expanding international product offerings.
TREE NEWS update: Henan province issued a 10-year ordinary special local government bond totaling 7.690 billion yuan at an issuance yield of 1.6500%, with a marginal bid-to-cover ratio of 8.33 times against an expected ratio of 1.65. The bond carries a 10-year tenor and was priced at the stated yield.
TREE NEWS update: Tencent management said at the company’s 28th anniversary livestream that it will accelerate organizational change, with half of staff focused on improving efficiency in existing core businesses and the other half exploring AI-native initiatives. Management said the push differs from the earlier cost-cutting round, being proactive and efficiency-oriented rather than passive. An internal claim of 50% layoffs is untrue.
TREE NEWS update: Guoxing Aerospace raised HK$750 million through an initial public offering in Hong Kong, the company’s listing proceeds confirmed. The satellite maker’s IPO adds to a growing pipeline of Chinese space and technology firms tapping Hong Kong’s equity market. No further terms of the offering were disclosed.
TREE NEWS reports: MiniMax’s newly released image generation model H3-Image ranked first among open-weight models on both the Text to Image and Image Editing leaderboards published by independent AI evaluation platform Artificial Analysis on November 12. The dual first-place finishes place the model ahead of other open-weight competitors in both generation and editing tasks.
TREE NEWS update: China Securities Regulatory Commission Vice Chairman Liu Haoling said at the 2026 Shanghai Stock Exchange International Investor Conference that the CSRC will implement the State Council’s recent executive meeting requirements and improve market-stabilization mechanisms to enhance the stock market’s inherent stability. The regulator will coordinate with relevant departments on a policy package to stabilize markets and expectations, and will further broaden long-term capital sources, channels and entry methods.
TREE NEWS update: China Securities Regulatory Commission Vice Chairman Liu Haoling said the CSRC will deepen comprehensive reform of capital-market investment and financing, strengthen financial support for technological innovation and keep raising the quality and long-term investment value of listed companies. Speaking at the 2026 Shanghai Stock Exchange International Investors Conference, he said the regulator will also step up enforcement, protect investor rights and expand high-level opening, including making cross-border investment and financing more convenient and supporting Shanghai’s build-out as an international financial center.
TREE NEWS update: Ukrainian President Volodymyr Zelensky said on the 11th in Dublin, Ireland, that sensitive issues such as territorial matters must be discussed at the leadership level, and stressed that Ukraine needs security guarantees from the United States. Zelensky made the remarks while addressing security guarantees and territorial issues during his visit to the Irish capital.
TREE NEWS update: Gotion High-Tech said its all-solid-state battery pilot line is running stably, with a 90% yield rate on cells coming off the line. The company has also started work on a 2GWh all-solid-state mass-production line, with equipment orders to be placed in batches based on validation results and project pace.
TREE NEWS reports: Nvidia’s board is considering meeting Wednesday to discuss CEO Jensen Huang’s position and may appoint an interim head while searching for a successor, after reports of a second extramarital relationship, with Kimberly Powell, a married Nvidia healthcare VP. Polymarket odds of Huang leaving by Nov. 30, 2026, have risen to 88%, and to 93% by March 31, 2027. Nvidia shares closed up 2.87% Wednesday but fell as much as 10% after hours, wiping over $300 billion in market value.
TREE NEWS update: A grand ceremony commemorating the 160th anniversary of the birth of Sun Yat-sen was held in Beijing, where Chinese President Xi Jinping delivered an important speech. The event underscores the official remembrance of the revolutionary leader’s legacy in modern China.
TREE NEWS reports: Tencent held an internal all-hands meeting marking its 28th anniversary on Tuesday, where organizational changes and staff adjustments were discussed. Social media posts said multiple business lines are being reshuffled, with the most concentrated changes at its Hunyuan AI unit. Tencent has not issued an official response to the rumors, which briefly overloaded the colleague forum on the Maimai workplace platform.
TREE NEWS update: Temasek Chief Investment Officer Rohit Sipahimalani said on Nov. 12 at the Shanghai Stock Exchange Global Investor Conference that China accounts for about 17% of Temasek’s investments, with the firm eyeing opportunities in AI, technology, green investment and advanced manufacturing. He said Chinese assets are attractive to global investors because of the country’s strong innovation capacity, and Temasek will continue to constructively participate in the development of China’s capital market.
TREE NEWS update: Baidu’s chip unit Kunlunxin said at Baidu World 2026 on Nov. 12 that its M100 chip has launched on schedule, with the flagship M300 set to follow next year. The M100 targets extreme cost-effectiveness, while the M300 claims all-round gains in compute, storage and interconnect. By 2028, multiple chips built on a new N architecture will reach the market for differentiated use cases.
TREE NEWS update: MSCI will remove three crypto treasury companies — Strategy, Metaplanet and Upexi — from its indexes under its new “non-operating company” framework, effective after the close on Nov. 30. Strategy exits the MSCI USA index, Metaplanet the MSCI Japan Small Cap index and Upexi the MSCI US Micro Cap index. Strategy disclosed that GIMI-tracking funds hold about 13 million MSTR shares, 3.1% of its basic shares, worth roughly $1.57 billion at the Nov. 10 close of $121.07.