TREE NEWS update: China and Vietnam upgraded the Jin Shuihe–Ma Lu Tang highway port to an international port open year-round for passenger and cargo transport, with a ceremony held on November 10 at the China-Vietnam Friendship Bridge in Jinping, Honghe, Yunnan. The move formally expands the crossing’s status to a permanent international road transport port.
TREE NEWS update: China’s Ministry of Finance issued its 15th Five-Year Plan for accounting reform and development, pledging to accelerate the clearing of existing financial fraud cases while effectively curbing new ones. The plan calls for a more健全 accounting oversight system and an improved mechanism for combating financial fraud, with continued focus on key sectors and prominent issues. It also promises to raise the precision and effectiveness of supervision.
TREE NEWS update: China’s October vehicle production and sales each exceeded 3 million units, rising from the previous month, according to data released by the China Association of Automobile Manufacturers on Tuesday. The share of new energy vehicles in the market continued to climb, the association said. The data cover China’s auto market for October.
TREE NEWS reports: Hyperliquid’s median USD-denominated order-book depth within 10 basis points fell 82% year over year across 38 markets, compared with 61% at Binance and 78% at OKX, 0d Labs CEO Matteo reported, citing more than 18 months of order-book data. The Hyperliquid-to-Binance depth ratio dropped 57.5% at the 5 bps range, and a $10,000 order cost a median 5.21 bps on Hyperliquid versus 2.95 bps on Binance.
TREE NEWS update: China’s self-developed “Light Cavalry” small solar-powered drone completed its maiden flight on Nov. 11, 2026, at an airport in northwest China. The pure-electric aircraft, powered solely by solar energy, has a length of 3.2 meters, an 8-meter wingspan and a maximum designed endurance of 30 hours. Its modular design supports rapid payload swaps for communications and remote sensing, and it can be launched from a vehicle with only 20 minutes of ground preparation.
TREE NEWS update: Initia has confirmed a second exploit in three weeks, with an attacker using compromised cloud credentials to move $3.27 million in crypto assets. About $2.16 million remains frozen on the project’s halted network. The incident follows an earlier attack on the blockchain project within the same three-week window.
TREE NEWS update: Apple announced on its website on November 11 that the Apple Support Community will permanently close on November 20, 2026. Effective immediately, the community will no longer accept new posts and has been switched to read-only mode. The company did not provide a reason for the closure in the announcement.
TREE NEWS reports: The ChiNext Index rose more than 3% on the day, with optical module makers New Easy Technology gaining over 15% and Zhongji Innolight climbing more than 13%. More than 3,800 stocks advanced across the Shanghai, Shenzhen and Beijing exchanges, reflecting broad gains in the Chinese equity market.
TREE NEWS reports: China’s A-share memory chip sector staged a short-term rally, with Liyang Chip and Tairui Machine hitting their daily limit-up. Nanya New Materials rose more than 10%, while Lianxun Instruments, Puya Semiconductor, Shennan Circuits, Hangzhou Kelin and Juguang Technology also advanced.
TREE NEWS reports: Spot palladium climbed 3% to trade at $1,056.58 per ounce. The move marks a sharp single-session gain for the precious metal, which is used chiefly in catalytic converters for gasoline vehicles.
TREE NEWS reports: Some leading memory chip makers have verbally told channel distributors they intend to raise prices on enterprise-grade chips, though formal price-increase letters have not yet been issued, industry sources said. Channel prices are already moving higher, with distributors reporting daily gains and secondhand disk recovery prices pushing overall quotes up. Provincial distributors are adjusting prices weekly, and agents are passing the increases down the chain.
TREE NEWS reports: New York gold futures rose 1% intraday and were last quoted at $4,070.73 per ounce. The move marks a fresh intraday gain for the front-month contract.
TREE NEWS reports: Nomura Holdings is considering hiring bankers in Hong Kong to rebuild its local equity capital markets business, the Japanese investment bank said. The move would expand Nomura’s ECM presence in the city after the unit was scaled back. No hiring targets, headcount figures or timeline were disclosed.
TREE NEWS update: The China National Institute of Standardization released a blue book on China-Africa standardization cooperation, detailing a framework of multi-field coordination and industrial implementation. China has been Africa’s largest trading partner for 16 consecutive years, with two-way trade reaching $348.05 billion in 2025. The report cites projects including the Mombasa-Nairobi and Addis Ababa-Djibouti railways and a Zambia agricultural standards demonstration zone that trained over 800 local workers.
TREE NEWS reports: The ChiNext Index extended its gain to 2% on the session, with CPO concept stocks, electronic components and semiconductor sectors leading the advance. More than 3,200 stocks rose across the Shanghai, Shenzhen and Beijing exchanges combined.
TREE NEWS reports: Shares of co-packaged optics (CPO) concept stocks in China’s A-share market extended their rally, with Zhongji Innolight and Eoptolink both rising more than 10%. The move reflects continued gains across the CPO supply chain on the mainland exchanges.
TREE NEWS update: Zhipu, MiniMax, Qwen Office, Alibaba Cloud and Qoder are selling large-model tokens at 50% off on Tmall for the Nov 11 shopping event. Consumers can search “Token” on the Taobao app to reach Tmall’s AI Space Station top-up center. MiniMax’s three monthly cards are all half price, Alibaba Cloud’s two Token Plan monthly cards start at 50% off, Zhipu weekly cards start at 50% off, Qwen Office’s basic monthly membership starts at 30% off for the first month, and Qoder’s monthly card is 33% off at as low as 19.9 yuan.
TREE NEWS update: The Suzhou Municipal Regulation on Promoting the Development and Application of the Artificial Intelligence Industry will take effect on Dec 1, the city announced on Nov 11 at the 2026 Jiangsu AI Innovation and Development Conference. It is Jiangsu province’s first specialized local regulation on artificial intelligence and the country’s first such regulation at the prefecture-level city tier.
TREE NEWS update: Cross-chain bridge Across Protocol said it has restored its website after hackers hijacked its domain and redirected users to a phishing site. The attack was carried out through social engineering targeting domain registrar Namecheap, the protocol said. No further details on the duration of the compromise or affected users were provided.
TREE NEWS update: Beijing issued a 2026–2028 action plan for high-quality development of its embodied-intelligence robotics industry, calling for a new dedicated embodied-AI computing cluster with total capacity exceeding 50,000 PFlops. The plan pairs key embodied-AI firms with computing-node project builders in a “pairing” model to align supply and demand, and uses the “Galaxy Computing Corridor” program to coordinate with computing hubs outside Beijing.