Cointime reports: Arthur Hayes said in his article “D is for Dilution” that lockup expirations at SpaceX, Anthropic and OpenAI could release large share blocks and pressure AI stock prices. He estimates SpaceX will unlock about 8.6 billion shares by end-June 2027, roughly 50% of float, while Anthropic early IPO investors may face about 83% dilution. Weaker AI credit could slow US bank balance-sheet expansion and tighten dollar liquidity, pressuring crypto until central banks respond; Maelstrom is staying on the sidelines.
Cointime update: Bank of England Governor Andrew Bailey said the central bank needs to limit the impact of the conflict in Iran. Bailey did not elaborate on specific measures or the channels through which the conflict could affect the UK economy or financial markets. The remarks come as geopolitical tensions around Iran remain in focus for global markets.
Cointime update: Liu Haixing, head of the CPC International Department, led a delegation to Pakistan and Bangladesh from Nov 1 to 5, meeting Pakistani Prime Minister Shehbaz Sharif, army chief Asim Munir, Deputy PM Ishaq Dar, and Bangladeshi President Mohammed Shahabuddin and PM Tarique Rahman. The visit included party-building exchanges and the launch of China-Pakistan and China-Bangladesh governance research centers.
Cointime update: The European Union Aviation Safety Agency said on the 5th that it will continue to monitor developments after bomb threats targeted European passenger aircraft and will identify and assess how such security threats may affect flight safety. The agency made the statement in an email response to reporters. No further details were provided.
Cointime update: Chinese Vice Premier Ding Xuexiang attended the opening of the 9th China International Import Expo and the Hongqiao International Economic Forum in Shanghai on November 5 and delivered a keynote speech. Ding, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, also met with foreign political figures attending the events.
Cointime reports: Arthur Hayes warned on November 5 that a cooling AI credit market could stall or shrink US commercial bank balance sheets, tightening dollar liquidity that has supported crypto since August. He pointed to falling shares of SpaceX, Anthropic and OpenAI widening AI credit spreads and choking issuance, and noted the banking system’s balance sheet fell week-over-week as of last week. Hayes said either the Fed or banks must expand their balance sheets to fuel crypto positions.
Cointime reports: Qunar reported that flight searches for the 2027 Spring Festival jumped 3.2 times instantly after China’s 2027 public holiday schedule was released on the afternoon of November 5. The 2027 Spring Festival holiday will run nine days, from February 5 to February 13, 2027.
Cointime update: China’s installed renewable hydrogen production capacity has exceeded 350,000 tonnes per year, with green ammonia and methanol capacity surpassing 1.3 million tonnes per year, National Energy Administration Vice Administrator Song Hongkun said at the 9th Hongqiao International Economic Forum in Shanghai. The forum, co-hosted by the NEA and the Ministry of Commerce, focused on hydrogen’s role in the global energy transition.
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: Jian Mengwen, former general manager of Shanghai Wind Fund Sales Co., will join Western Lead Fund as deputy general manager, overseeing the marketing line, a person familiar with the matter said. The appointment is a management move at the fund company; no further details on timing or scope were disclosed.
Cointime reports: UK government bonds pared gains after the Bank of England’s policy decision, with the 2-year gilt yield rising 1 basis point to 4.75%. The move in short-dated gilts followed the central bank’s announcement, trimming an earlier rally in UK debt.
Cointime reports: Traders have increased their wagers on a Bank of England interest-rate hike, with market-implied odds of a December increase reaching 35%. The shift reflects heightened expectations that the central bank could tighten policy before year-end. No further detail on the drivers behind the move was provided.
Cointime update: Bank of England Governor Andrew Bailey said the latest interest-rate increase is unlikely to be the last unless the US-Iran conflict ends. Bailey’s comment ties the central bank’s rate path directly to the persistence of the geopolitical standoff, signaling further tightening remains on the table while the conflict continues. He did not specify the size or timing of any additional moves.
Cointime reports: The Bank of England’s central forecast projects UK inflation will peak at 4.9% in the second quarter of 2027. The projection, part of the central bank’s core forecasting round, puts the expected peak more than a year out. No further details on the forecast path or policy implications were provided.
Cointime update: The Bank of England raised its policy interest rate to 4%, matching expectations and up from the previous 3.75%. The decision was announced as the central bank’s latest policy rate setting, with the rate move confirmed at the expected level.
Cointime update: Shanghai Party Secretary Chen Jining met with United Nations Development Programme Administrator Alexander De Croo, who was in Shanghai to attend the ninth China International Import Expo. The meeting was held in the city during the expo period.
Cointime update: The Bank of England will announce its interest rate decision at 20:00 Beijing time on Thursday. The decision is scheduled for release at that hour, with markets awaiting the central bank’s latest policy rate setting.
Cointime update: Bulgaria’s Defense Ministry sent MiG-29 fighter jets to intercept and escort three civilian airliners bound for the country after bomb threats were received on November 5, the Transport Ministry said. Checks of all three aircraft found nothing wrong. Two of the affected planes, one departing Thessaloniki and one Porto, landed safely in Milan.
Cointime update: Chinese State Councilor Chen Yiqin inspected employment and civil affairs work in Gansu from June 3 to 5, urging solid efforts to stabilize employment and ensure basic livelihoods. She called for full implementation of Party Central Committee and State Council decisions to meet this year’s targets. The visit underscores Beijing’s focus on job security and social welfare.
Cointime reports: Bank of Japan September meeting minutes, published Thursday, show several board members agreed on the need for further rate increases, with one arguing the pace should accelerate if inflation threatens to overshoot expectations. At the September 17-18 meeting the BOJ raised its policy rate to 1.25% from 1%, the highest in 31 years and its second hike in three months, quickening a pace that had been roughly one move every six months.