Cointime update: E Fund’s Nasdaq ETF (159696) and GF Fund’s Nasdaq ETF (159941) will suspend trading from the market open on November 6, 2026, and resume at 10:30 that morning. Redemption services will continue as normal during the one-hour halt. The two funds did not disclose a reason for the suspension in the announcements.
Cointime update: Nexchip announced it will join Hefei Construction Investment and Hefei Qinhe in injecting a combined RMB 9.1 billion into wholly owned subsidiary Jingyi Integrated at RMB 1.00 per registered capital, with Nexchip contributing RMB 5.1 billion. Registered capital rises from RMB 2 billion to RMB 11.1 billion, cutting Nexchip’s stake from 100% to 63.96% while it remains the controlling shareholder. Jingyi is the build entity for Nexchip’s phase-four project, a RMB 35.5 billion 12-inch wafer fab targeting about 55,000 wafers per month in 40nm and 28nm CIS, OLED and logic processes.
Cointime update: Nexchip Semiconductor (晶合集成) plans to repurchase its A-shares via centralized bidding at no more than RMB 37.00 per share, with total buyback funds between RMB 500 million and RMB 800 million. The shares will be used for an A-share employee stock ownership plan or equity incentive, and the repurchase period will not exceed 12 months from board approval.
Cointime reports: Gate’s TradFi trading volume climbed to about $11.5 billion in the week of Oct. 26 to Nov. 1, its third consecutive weekly increase, even as BTC and ETH spot ETFs saw net outflows of roughly $202 million and $431 million respectively. ETF, Hong Kong and Korean equity trading made up a larger share of activity. Gate also launched Taiwan stock trading, initially supporting 19 Taiwan Stock Exchange-listed names including TSMC and MediaTek.
Cointime update: Apple’s pre-market gain narrowed to 1.23% after the company launched a seven-tranche US dollar investment-grade bond offering. The iPhone maker is tapping the high-grade debt market across seven maturities in dollars, with the size of the deal not disclosed. The move comes as Apple shares traded higher ahead of the US open.
Cointime reports: Cathie Wood’s Ark Invest sold $2.9 million worth of Bullish ($BLSH) shares through its ETFs on Wednesday. The firm also bought 1,894 shares of Circle ($CRCL) via its $ARKF ETF in the same session.
Cointime reports: Bitcoin miner Core Scientific reported third-quarter revenue of about $233 million, up 187% year over year, with earnings per share of $0.47. Net income reached roughly $1.178 billion, driven mainly by non-cash gains from changes in warrant fair value, while adjusted EBITDA rose to $133.6 million and margin expanded to 57% from 25%. Hosting revenue was $215.4 million, up nearly 60% quarter over quarter and about 92.5% of total revenue, while self-mining revenue fell about 79% year over year to $12.26 million.
Cointime update: Hefei Municipal State-owned Assets Supervision and Administration Commission has approved Hefei Construction Investment’s agreement to acquire 96,180,444 unrestricted shares, or 5.30% of Gotion High-Tech, from Volkswagen (China) Investment at 24.09 yuan per share for a total of 2.317 billion yuan. The transfer still requires Shenzhen Stock Exchange compliance confirmation and share transfer registration with China Securities Depository and Clearing’s Shenzhen branch.
Cointime update: Shake Shack expects full-year revenue of $1.6 billion to $1.7 billion, the burger chain said, against a market estimate of $1.65 billion. The guidance range brackets the consensus figure, leaving the midpoint of $1.65 billion in line with analyst expectations.
Cointime reports: ConocoPhillips reported third-quarter adjusted earnings per share of $3.27, topping the $2.97 market estimate, with adjusted net income of $3.9 billion versus $3.538 billion expected. Cash and investments stood at $10.4 billion, and the company kept its full-year capital expenditure and adjusted operating cost guidance unchanged. It guided fourth-quarter 2026 production to 2.32–2.36 million barrels of oil equivalent per day, and the stock rose more than 1% in premarket trading.
Cointime update: BeiGene reported third-quarter 2026 global revenue of $1.9 billion, up 34% year over year, with Brukinsa (zanubrutinib) contributing $1.4 billion, also up 34%. GAAP diluted earnings per American Depositary Share were $3.28, while non-GAAP diluted EPS came in at $4.59. The company raised its full-year 2026 total revenue guidance to $6.9 billion to $7.0 billion, with GAAP operating profit of $1.2 billion to $1.3 billion.
Cointime reports: American Bitcoin, the Eric Trump co-founded miner, reported a $126 million quarterly profit that depended on a $197.3 million accounting gain on the bitcoin it holds. Without that gain, the company would have lost about $70 million before taxes, as output, revenue and margins slipped from the second quarter.
Cointime update: Crystal Optoelectronics plans to repurchase between RMB 100 million and RMB 200 million of its own shares at a maximum price of RMB 28 per share, the company said. The buyback would cover roughly 3.57 million to 7.14 million shares, or 0.26% to 0.51% of total share capital, and is intended for resale. The program runs within three months of board approval.
Cointime update: Meta Platforms Inc. raised €9 billion in its first-ever euro-denominated bond sale, drawing more than €62 billion in orders — a record for a European corporate debt issue. The deal’s attractive yields pulled in investors even as some remain cautious about the scale of AI spending. The issuance marks Meta’s debut in the euro bond market.
Cointime reports: Muyuan Foods sold 5.913 million commercial pigs in October, down 16.43% year on year, with the average selling price at 9.64 yuan per kilogram, down 16.54%. October sales revenue from commercial pigs fell 29.79% to 7.253 billion yuan. For January-October, cumulative sales reached 64.643 million head and 84.07 billion yuan in revenue, while its subsidiary slaughtered 2.957 million hogs in October.
Cointime update: OpenAI President Greg Brockman said on November 5 at a tech conference that most of the company’s revenue now comes from enterprise customers and that OpenAI expects to be ready for an IPO by 2027. Asked whether the company would be prepared to go public next year, Brockman said, “I think so.” He said OpenAI is accelerating enterprise expansion to compete with Anthropic for corporate clients and is promoting its Codex agent product.
Cointime update: Jingang Solar’s controlling subsidiary Jiuquan Jingang Intelligent Computing signed a computing cloud service contract with a client on Nov 5, 2026, with a total estimated tax-inclusive value of up to 1.536 billion yuan ($212 million). The first two batches total 384 million yuan, exceeding 100% of the company’s audited main business revenue for the latest fiscal year. Each batch runs 60 months, with quarterly prepayment.
Cointime reports: Bitcoin outperformed the S&P 500 in half of the past 90 US trading sessions, with its win rate against the benchmark index recovering. Historical post-midterm data points to gains for stocks, a pattern that could shape relative performance between the two assets going forward.
Cointime reports: VeriSilicon Holdings said its order backlog reached RMB 18.569 billion as of the end of September 2026, up 265.90% from the end of last year and 49.16% from the end of the second quarter, marking 12 consecutive quarters at a high level. The chip design services firm expects adjusted EBITDA to turn positive in the second half of 2026 and full-year adjusted net profit attributable to shareholders to turn positive in 2027.
Cointime update: Lianxun Instruments said on Nov. 5 that controlling shareholder, actual controller and chairman Hu Haiyang proposed a share buyback of RMB 100 million to RMB 150 million. The repurchase would be funded by the company’s own or self-raised funds through centralized bidding on the Shanghai Stock Exchange and used for an employee stock ownership plan or equity incentives. The buyback price would not exceed 150% of the average trading price over the 30 trading days before board approval.