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 reports: The Chamber of Digital Commerce said Sherrod Brown’s election victory is the “most negative outcome” for the crypto industry, warning that his priorities on financial stability, consumer protection, bank regulation and illicit finance could shape the Democratic Party’s overall stance on digital assets. The advocacy group’s assessment was reported on November 5.
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 update: The Federal Energy Regulatory Commission has approved bitcoin miner MARA Holdings’ acquisition of the Long Ridge natural gas generation asset, in docket EC26-92. FERC rejected a market monitor protest tied to BlackRock and Vanguard and declined to condition approval on the plant continuing to supply PJM. The deal carries an enterprise value of about $1.512 billion for roughly 0.5 GW of gas capacity and about $144 million in annualized adjusted EBITDA, with an outside date of Nov. 30.
Cointime reports: OpenAI could release its next-generation Astra and Sol model series, along with a Cyber model for cybersecurity, as soon as Friday, November 6 local time. The report did not disclose model numbers, pricing, context window length or benchmark scores, nor whether the models will debut via API, ChatGPT, Codex or partner channels. A “gpt-6.2-astra” identifier has already appeared in Codex usage statistics, and users in apparent gray-scale testing report improved physics and animation generation, though no public benchmarks verify these claims.
Cointime update: The Ethereum Foundation has laid out a fork-by-fork plan to deliver Lean Ethereum by 2029 under its “Strawmap” roadmap. Fork H* will be the last without Lean features; I* introduces leanVM and Lean transactions; J* adds Lean proofs, data availability sampling and PCS; and the L stage completes Lean Ethereum.
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 update: ZetaChain said ZETA will migrate to Solana as a native token on Dec 9, with the privacy-focused AI app ZetaLabs launching the same day and using ZETA as its core token. A second governance proposal, now voting on ZetaHub until Nov 7, sets the migration mechanism, timing and holder protections. If passed, the ZetaChain L1 will halt around Dec 9, ZETA will migrate 1:1 with mint authority permanently revoked, and holders need take no action.
Cointime reports: Lumentum reported a third-quarter net loss of $265 million, narrowing from $621 million a year earlier, on revenue of $2.715 billion. Strategic revenue grew 10% year over year to $1.28 billion, taking 55% of total revenue versus 53% in the second quarter. Adjusted EBITDA came in at $715 million, down from $787 million a year earlier, and the CFO said the company still expects an adjusted EBITDA inflection point this year.
Cointime reports: ARK Invest bought a combined 348,406 shares of SpaceX (SPCX) across three actively managed ETFs on November 4, with ARKK taking 224,483 shares, ARKQ 63,478 and ARKW 60,445. The firm also sold Bullish (BLSH) stock in ARKK, ARKW and ARKF, and trimmed Alphabet (GOOG) in ARKK and ARKQ. ARKK separately added Twist Bioscience and Pacific Biosciences while cutting Tempus AI and Eli Lilly.
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: Innovative drug stocks in China rose against the broader market trend, with Jinling Pharmaceutical hitting its second consecutive limit-up session. Haichuang Pharmaceutical gained more than 10%, while Lamei Pharmaceutical, Asymchem, Jenkem Technology and Guilin Sanjin each advanced more than 5%.
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 update: Stablecoin payment infrastructure provider Reap announced a partnership with Canza Finance to combine AI agent payments with stablecoin settlement technology, aiming at faster, compliant cross-border money movement. Canza Finance focuses on stablecoin liquidity and on-chain financial infrastructure in emerging markets such as Africa. Its CAPP protocol, built on the Aptos blockchain, uses AI agents to optimize cross-border payment routing and settlement efficiency.
Cointime reports: China’s A-share solar equipment sector continued to strengthen, with Yongzhen shares posting a third consecutive daily limit-up and Beiteli surging 20% to its cap. Tongxiang Technology, Haitai New Energy, Shichuang Energy and Qingyuan shares were among the top gainers in the sector.
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: American Bitcoin reported a third-quarter net profit of $126 million. Separately, an analyst counted 51 U.S. senators now backing crypto, pointing to a cross-party trend, while Polymarket data showed 98.4% of favored options in settled U.S. midterm markets were correct. F2Pool co-founder Wang Chun sold 6,200 wstETH and moved the funds to Binance.
Cointime reports: China A-share PCB concept stocks opened lower on the session, with Mankun Technology dropping nearly 10%. Aohong Electronics, Dongshan Precision, Mingyang Circuit, Shengyi Technology and Jingwang Electronics each fell more than 5%. The declines hit printed circuit board suppliers at the open, with no specific catalyst cited in the market material.