Cointime update: The Shanghai Stock Exchange held two special forums on mergers and acquisitions, one for listed companies and one for market institutions, with representatives from seven listed companies and seven securities, valuation, venture capital and insurance firms. Topics included peer competition among central and state-owned enterprises, cross-industry deals, installment payments, tech-company valuation and M&A insurance credit enhancement. In the first three quarters of 2026, Shanghai-listed companies added 546 asset restructuring cases, including 46 major ones worth over RMB 500 billion.
Cointime reports: US stock index futures moved lower on November 5, with Nasdaq 100 futures falling 1.3%. S&P 500 futures dropped 0.31%, while Dow futures narrowed their gain to 0.12%.
Cointime update: Boeing, ServiceNow and Nebius Group have joined the list of companies declining to have their stock tokenized on the ICE-OKX venture. 4 notice. The additions bring the total number of objectors to 62, a list that already included Apple, Home Depot and GE Vernova. The venture has not said when trading will begin.
Cointime reports: Qualcomm shares dropped more than 9% in premarket trading after the chipmaker’s Q4 results beat expectations but its profit guidance disappointed, with pressure in its handset business. Arm fell nearly 4% despite beating Q2 estimates, as its outlook failed to surprise. Memory chip stocks also declined, with SK Hynix down over 3% and Micron down over 2%, while optical communications names extended losses.
Cointime reports: American Bitcoin reported third-quarter net income of $126 million, swinging from a $57.2 million net loss in the prior quarter, driven by gains on digital assets. The company, backed by Eric Trump, flipped to profit as its crypto holdings appreciated.
Cointime update: Li Ning has declared a special dividend of RMB2.32 per share, with an ex-dividend date of November 18, 2026, a record date of November 23, 2026, and a payment date of December 1, 2026. The announcement sets out the full timetable for the payout to shareholders.
Cointime update: Hua Hong Semiconductor expects fourth-quarter revenue of about $1.08 billion to $1.09 billion and a gross margin of roughly 25% to 26%, the chipmaker said in its quarterly guidance. The forecast covers the company’s core semiconductor foundry business. No further figures were disclosed in the guidance.
Cointime update: Hua Hong Semiconductor reported third-quarter 2026 sales revenue of $987.1 million, up 19.9% year on year and 9.9% quarter on quarter, with profit attributable to owners of the parent at $123.4 million, up 147.1% year on year and 77.7% quarter on quarter. Excluding the Huali Microelectronics consolidation, revenue was $803.4 million, above guidance of $770 million to $780 million, and gross margin was 19.9%, above guidance of 16% to 18%.
Cointime update: Lenovo Group Chairman and CEO Yang Yuanqing said the company is moving toward a long-term goal of a 30% share of the global PC market, speaking at Lenovo’s Global Industry Analyst Conference (GIAC). Lenovo is the world’s largest PC maker by shipments. The company did not give a timeline for reaching the target.
Cointime reports: US spot Bitcoin and Ether ETFs together pulled in $128 million as crypto markets rebounded following the midterm elections. Fidelity led Bitcoin ETF inflows, while BlackRock’s IBIT shed another $201 million, extending its outflow streak to four trading sessions. The mixed flows show investors rotating among issuers even as fresh money entered the funds.
Cointime reports: Hong Kong equities opened higher and extended gains on the close, with the Hang Seng Index rising 3.67% and the Hang Seng Technology Index climbing 5.55%. Internet stocks led the advance: NetEase gained over 9% and Alibaba added more than 8%. Gold and auto shares also outperformed, with Laopu Gold up over 8% and Li Auto up nearly 9%.
Cointime update: SigmaStar Technology has received filing approval from the China Securities Regulatory Commission to issue overseas-listed shares (H shares), the company disclosed. The CSRC clearance is a required step before the Shenzhen-listed chipmaker can proceed with a Hong Kong listing. No timetable, offering size or pricing details were given in the filing notice.
Cointime reports: The UK’s FTSE 100 extended gains to 1%, breaking above its previous closing record high set in February. The index’s move above that level marks a fresh closing peak for the benchmark. No further details were immediately available.
Cointime reports: Europe’s Stoxx 600 index broke through its August record closing high, setting a new all-time closing peak. The pan-European benchmark surpassed the previous closing level reached in August, extending its advance. No further details on the session’s move were disclosed.
Cointime reports: European equities opened higher on the day, with Germany’s DAX up 0.05%, the UK’s FTSE 100 up 0.95%, France’s CAC 40 up 1.01% and the Euro Stoxx 50 up 0.32%. Rheinmetall shares fell 13% after the company cut its sales guidance, while Maersk dropped 12% after issuing guidance below market expectations.
Cointime update: Changxin Bochuang conducted its first share buyback on November 4, 2026, repurchasing 425,000 shares, or 0.14% of total share capital, at prices between 116.46 yuan and 118.30 yuan per share. The total transaction value was 49.9807 million yuan, excluding trading fees.
Cointime reports: South Korea’s KOSPI fell 5.50% to 5,371.41 and KOSDAQ dropped 5.11% to 678.4 on Nov. 5, both triggering sell-side circuit breakers after Democratic midterm wins raised fears of tighter AI data center approvals. Samsung Electronics fell 7.8% and SK Hynix 9.81%, while power equipment makers Hyosung Heavy Industries, HD Hyundai Electric and Sanil Electric slid 10.10%, 7.53% and 12.84%.
Cointime reports: On November 4, the three major US indices closed higher as midterm election results became clearer, with the Dow up 3.03%, the S&P 500 up 1.58% and the Nasdaq up 1.44%. Tesla (TSLA) fell 3.34% to $385.19 and SpaceX (SPCX) dropped 3.81% to $135.92, with both slipping further in after-hours trading. Investors weighed how the changed congressional power balance could affect regulation and AI data-center approvals.
Cointime reports: Trading on the Shanghai and Shenzhen stock exchanges totaled 2.118 trillion yuan ($293 billion) on November 5. The Shanghai market accounted for 979.71 billion yuan, while Shenzhen contributed 1.138 trillion yuan. The ChiNext board recorded 578.56 billion yuan in turnover.
Cointime reports: China’s A-share market closed higher on the day, with the ChiNext Index up 0.87%, the Shenzhen Component up 1.19% and the Shanghai Composite up 0.1%, after all three benchmarks extended their rebound despite pulling back from intraday highs. More than 4,800 stocks across the Shanghai, Shenzhen and Beijing exchanges advanced, and total turnover reached 2.14 trillion yuan. Solar stocks rallied, while oil and gas and high-dividend bank shares fell, with PetroChina down more than 8%.