Cointime update: The 9th China International Import Expo opened in Shanghai on November 5, drawing 4,142 overseas companies from 162 countries, regions and international organizations. The event’s total exhibition area exceeded 440,000 square meters for the first time, with the enterprise exhibition surpassing 370,000 square meters. More than 300 Fortune Global 500 and industry-leading companies are participating, and over 480 representative products are making global, Asian or China debuts, a record high.
Cointime update: Chinese prosecutors have filed a public prosecution against Ma Xingrui, former member of the Communist Party of China Central Politburo and former deputy head of the Central Rural Work Leading Group, on charges of accepting bribes. The case has been formally brought before a court, marking a rare prosecution of a figure at the highest level of the Party hierarchy.
Cointime reports: Morgan Stanley said the risk-reward for some Chinese equities has improved, citing stronger “national team” support, and screened 10 stocks with solid fundamentals that are oversold and offer buy-the-dip opportunities. The list includes Zhongji Innolight, Cambricon, Hygon Information, Luxshare Precision, GigaDevice, Sungrow Power, Zijin Mining, Innovent Biologics, China Jushi and Defu Technology.
Cointime reports: The Hang Seng Tech Index extended its intraday rally on the day, with gains widening to 4.6%. The broader Hang Seng Index rose 2.9% over the same session. No further details on drivers or individual constituents were provided.
Cointime reports: The Shanghai Composite turned positive on the day, while the Shenzhen Component and ChiNext Index each rose more than 1% and the STAR 50 gained over 2%. Solar, precious metals, short-drama and lithium battery shares led the advance, with nearly 4,500 stocks across the Shanghai, Shenzhen and Beijing exchanges closing higher.
Cointime update: Zhuhai’s Natural Resources Bureau on November 4 published a price notice for reclaiming one parcel of idle state-owned construction land from a Huafa-affiliated land-use rights holder, valued at 181 million yuan. The move follows Ministry of Natural Resources rules allowing local governments to use special-purpose bond funds to buy back idle land, and was agreed with the rights holder after municipal government approval.
Cointime reports: Chinese A-share semiconductor chip stocks extended their rebound, with Youyan New Materials, Xiandao Jidian and Broadcom Integrated Circuit hitting the daily limit-up. Jingyi Equipment rose more than 12%, while Centec Networks, Huafeng Test & Control, Bestechnic and Torrance gained over 7%. The moves mark a continued recovery in the sector’s shares.
Cointime reports: The ChiNext Index and Shenzhen Component Index both turned positive on the day, with solar equipment, precious metals, civil aviation airports and baijiu leading gains. More than 4,300 stocks advanced across the Shanghai, Shenzhen and Beijing markets.
Cointime reports: The Shenzhen Component Index reversed into positive territory, while the Shanghai Composite and ChiNext Index narrowed their declines, with solar equipment, precious metals, civil aviation airports and baijiu leading gains. More than 3,800 stocks rose across the Shanghai, Shenzhen and Beijing markets.
Cointime reports: Hong Kong’s Hang Seng Tech Index extended its early gains to 3% at the open, while the broader Hang Seng Index rose 2%. NetEase climbed more than 7%, outpacing the tech benchmark, while Lenovo Group fell more than 10% against the market trend. No specific catalysts for the moves were disclosed.
Cointime reports: The CSI Convertible Bond Index opened 0.14% lower, with Weidao, Xianfeng, Aohong, Lianrui and Jingce-2 convertibles leading declines at 3.10%, 2.92%, 2.90%, 2.84% and 2.82% respectively. Tianyuan, Jincheng, Jinlang-02, Fengmao and Fuxin convertibles led gains at 2.77%, 2.65%, 2.00%, 1.93% and 1.12%.
Cointime reports: China’s treasury bond futures opened higher on the session, with the 30-year main contract up 0.10%, the 10-year main contract up 0.05%, and the 5-year main contract up 0.01%. The 2-year main contract was flat at 0.00%. No further details were disclosed.
Cointime reports: South Korea’s KOSPI index fell more than 5% intraday, with chipmaker SK Hynix dropping over 7% and Samsung Electronics down more than 5%. The sharp decline marks a broad selloff in Korean equities, with technology and semiconductor shares leading the losses.
Cointime reports: The US dollar briefly rebounded to 158.0 against the Japanese yen, trading at 157.972, down 0.2% over the past 24 hours. The move reflects short-term currency market fluctuations in the USD/JPY pair.
Cointime update: South Korea’s Financial Services Commission will introduce a cornerstone investor system for initial public offerings to curb post-listing selloffs, the regulator said Tuesday after the government approved the plan. Institutional investors committing to lock up shares for at least six months will receive early allocation under the rules, which take effect November 13 alongside amendments to the Capital Markets Act. The FSC said pre-pricing stable, long-horizon institutional buyers should bolster IPO confidence and ease the so-called IPO pricing problem.
Cointime reports: Gold (XAUUSD) climbed above $4,100 per ounce, trading at $4,104.00, a 24-hour gain of 4.3%. The move marks a fresh push higher for the metal, which has extended its rally past the $4,100 level.
Cointime reports: Spot gold rose above the $4,100-per-ounce mark on November 5, trading at $4,103.36, up 1.06% on the day. The move put bullion through a round-number threshold that had held until the session’s advance.
Cointime reports: Bitcoin briefly broke above $81,000 late on November 4 and was trading at $80,600, up 4.64% in 24 hours. Democrats have won 51 Senate seats in the 2026 US midterms, reaching the majority threshold, while in the House they hold 211 seats, seven short of the 218 needed. Binance said it has replenished about 98% of stolen assets from its own funds.
Cointime reports: A whale holding a $148 million crude oil long began cutting losses after a $15.08 million drawdown, closing $44.04 million in CL long positions in the past 10 minutes for a realized loss of $4.9 million, on-chain analyst Yu Jin monitored. The position was built up over half a month before crude prices plunged 14% this week. The trader still holds $94.79 million in BRENTOIL longs with an unrealized loss of $8.35 million.
Cointime update: JPMorgan Asset Management has included bitcoin in its 2027 long-term capital market assumptions, projecting a 10% baseline compound annual return and 55% annualized volatility over the next decade. Grayscale research head Zach Pandl noted the 10% expected return tops all other asset classes, while bitcoin’s estimated 33% correlation with US large-cap stocks is lower than that of international equities, corporate bonds and hedge funds. JPMorgan remains cautious on unstable correlations and did not add bitcoin to its main covariance matrix.