Cointime update: Meta Platforms issued €9 billion ($9.8 billion) of senior notes on Nov. 4, split into six tranches maturing between 2031 and 2065 with coupons of 4.30% to 6.40%. The bonds carry Moody’s Aa3 (stable) and S&P AA- (negative) ratings, with Citigroup and Morgan Stanley as lead underwriters.
Cointime reports: Combined turnover across the Shanghai, Shenzhen and Beijing stock exchanges again exceeded 2 trillion yuan, rising 107.6 billion yuan from the same time a day earlier. It marks the second consecutive trading day with volume above the 2 trillion yuan level, as the three-market total crossed the threshold again.
Cointime reports: Southbound trading recorded a net sell of HK$10 billion. The figure reflects net outflows through the Stock Connect link into Hong Kong equities. No further breakdown of individual stock or sector flows was provided.
Cointime reports: Japan’s Nikkei 225 closed down 1.8% at 61,077.90, while the broader Topix index rose 1.2% to 3,940.39. South Korea’s Kospi fell 5.28% to close at 5,383.65, marking a sharp divergence between the two Asian markets.
Cointime update: Sony Group reported second-quarter net profit of 449.6 billion yen, surpassing the 360.1 billion yen estimate. The result, released as part of the company’s quarterly earnings, exceeded analyst expectations by a wide margin. No further details on revenue, operating profit or segment performance were provided in the disclosure.
Cointime reports: Nintendo reported second-quarter net profit of ¥73.49 billion, down 29% year on year and below the ¥82.21 billion market estimate. Operating profit fell 16% to ¥73.90 billion against a ¥88.1 billion forecast, while net sales dropped 15% to ¥448.23 billion versus ¥477.12 billion expected. For the full year, the company now projects operating profit of ¥370.0 billion and net profit of ¥310.0 billion, both well under consensus.
Cointime reports: The ChinaAMC STAR Semiconductor ETF (588170) set a record for its highest-ever daily turnover on Wednesday, with trading volume exceeding 13.7 billion yuan as of publication, up 47% from the previous full-day level. The ETF was up 4.17% at the time. Its top three holdings were Hwatsing Technology at 11.10%, Skyverse at 10.76%, and AMEC at 10.19%.
Cointime reports: Qingyun Technology (QingCloud) rose by the 20% daily limit on China’s A-share market as the computing power leasing sector extended its rally. Runjian Co. had earlier sealed its limit-up board, while Pingao Shares, UCloud, Chuangye Heima, Runze Technology and Aoya Co. each gained more than 10%.
Cointime reports: Commerzbank reported third-quarter net profit of €859 million, ahead of the €845.2 million market estimate. Operating profit came in at €1.31 billion, slightly below the €1.34 billion forecast, while net interest income was €2.12 billion versus €2.13 billion expected. The bank guided to full-year revenue of about €13.2 billion and net interest income of roughly €8.5 billion.
Cointime reports: Chinese A-share retail stocks extended gains, with Baida Group surging to its daily limit-up and Guoguang Chain locking in its ceiling earlier. Dashang Group, Guofang Group, Eurasia Group and Xinhua Department Store ranked among the top gainers, reflecting renewed buying interest in the sector.
Cointime reports: Hong Kong-listed AI hardware concept stocks widened their declines in afternoon trading. Yangtze Optical Fibre and Cable fell more than 15%, Kingboard Laminates dropped over 14%, Cambridge Technology slid more than 10% and Montage Technology declined more than 8%.
Cointime reports: US stocks rose on November 4, the first trading day after Democrats won control of both chambers of Congress, splitting government. The Dow gained 3.03%, or 1,569.40 points, to close at 53,356.12; the S&P 500 rose 1.58% to 7,688.62 and the Nasdaq 1.44% to 25,736.51. HCA Healthcare climbed 10.3% while Lockheed Martin fell 6.9% and Brent crude dropped 8.7% to $94.62 a barrel.
Cointime reports: The ChiNext Index turned negative in afternoon trading after rising more than 3% earlier in the session. Heavyweight optical module stocks led the decline, with Zhongji Innolight falling nearly 10%, Eoptolink dropping more than 8% and T&S Communications down over 6%.
Cointime reports: South Korea’s KOSPI index fell 5.6% as the market sell-off deepened, with SK Hynix shares extending losses to 10%. The Korea Exchange activated its Sidecar mechanism, suspending programmatic selling on the KOSDAQ market.
Cointime reports: Arm Holdings reported second-quarter adjusted earnings per share of 52 cents, beating the 47-cent estimate, with adjusted net income of $566 million versus $514.2 million expected and adjusted operating profit of $638 million against a $575.7 million estimate. The chip designer guided third-quarter revenue to a range of $1.49 billion to $1.59 billion, compared with a market estimate of $1.53 billion.
Cointime reports: Toyota Motor shares extended gains during intraday trading, rising as much as 15% at one point. The move marked a sharp acceleration in the stock’s advance during the session. No further details on the cause of the rally were provided.
Cointime reports: China A-share CPO (co-packaged optics) concept stocks reversed early gains on the day, with Linktel Instrument dropping more than 10%. JG Photonics, Hengdong Optics, Zhongji Innolight, Eoptolink, Guangku Technology, T&S Communications and Cambridge Technology each fell over 5% in the pullback.
Cointime reports: On November 5, all three major US stock indices closed higher, with the Nasdaq up 1.44%, the Dow up 3.03% and the S&P 500 up 1.58%. Large-cap tech stocks surged, with Microsoft and Amazon up more than 6% and Apple up more than 5%. AI-linked shares fell against the trend: Seagate dropped more than 8%, Micron and SanDisk fell 7%, Western Digital lost more than 6%, CoreWeave slid more than 9% and Nebius dropped more than 7%.
Cointime reports: Humanoid robot concept stocks on China’s A-share market rallied again in afternoon trading, with Molding Technology hitting the daily limit. Zhenghe Industry and MediTech had earlier hit the limit, while Zhaomin Technology rose more than 18%. Zhaofeng, Ningbo Huaxiang, Ruixin, Zhongjian Technology, Zhaowei Electromechanical and Zhejiang Rongtai also climbed.
Cointime reports: Taiwan’s Taiex weighted stock index fell 3.1% to close at 41,626.68 points. The drop marks a sharp single-session decline for the benchmark index. No further details on sector performance or market drivers were provided.