Gate Crypto Flash News and Market Updates

According to Seoul Economics, gold prices have rallied over the past month following eased rate-hike concerns and robust central bank purchases. Gold ETF returns rose 1.5% to 2.84% in recent weeks after declining double-digit percentages in the prior three months due to dollar strength and rising yields. Central bank gold purchases surged to 288 tons in Q2 2026, marking an all-time high for the period, according to the World Gold Council. Buying was led by Poland, China, and Kazakhstan, with Chi

According to FinanceFeeds, Robinhood Ventures Fund II (RVII) opened on the New York Stock Exchange on August 13 at $22.50, below its $25 IPO price, marking a 10% decline from the offering price on its first trading day. The closed-end fund raised $200 million and holds stakes in approximately 80 early-stage startups connected to Y Combinator accelerator. The below-offer debut contrasts with the fund's predecessor, Robinhood Ventures Fund I (RVI), which launched in March 2026 at the same $25 pric

According to First Philippine Holdings' (FPH) disclosure to the Philippine Stock Exchange on August 13, U.S. investment firm KKR proposed a three-step plan to acquire control of First Gen Corp. on July 10. KKR would buy 8.43% directly from FPH, make a tender offer for 11.67% of public shares, and seek delisting, at a base price of approximately P35 per share. The proposal includes a mandatory tender offer clause requiring a control premium of at least 30% above the offer price, or about P46 per

According to PLDT executives interviewed this week, Maya reduced its InstaPay transfer fee to P10 in July but will continue charging, citing different cost structures between fintechs and traditional banks. PLDT head of investor relations Jinggay Nograles stated in an exclusive interview with Rappler that transfer fees remain a key revenue pillar for Maya as its lending and banking businesses scale. While the Bangko Sentral ng Pilipinas' Circular No. 1238 requires cost-based pricing rather than

According to an announcement by Luoji Culture (00550), the company expects to record net profit of approximately HK$300 million to HK$500 million for the six months ended June 30, 2026, compared with a net loss of approximately HK$10.8 million in the same period last year. The turnaround was driven by revenue and gross profit increases, primarily from growth in online media and event advertising services across Hong Kong and mainland China, particularly in Guangdong-Hong Kong-Macau Greater Bay A

According to a regulatory announcement, China Telecom Group Limited (01720) forecast attributable profit of 400-450 million RMB for the six months ended June 30, 2026, representing a 410-480% increase from 78 million RMB in the same period of 2025. The company attributed the significant growth to increased fiber optic and cable sales revenue, driven by accelerated global deployment of artificial intelligence computing infrastructure and surging domestic and international demand for fiber optic p

According to the company announcement, MINISO Group (09896) forecasted that for the first half of 2026 ended June 30, net profit will reach 940 million to 960 million RMB, up 4-6% year-over-year. The company also expects revenue of 11.45 billion to 11.55 billion RMB, up 22-23% year-over-year, and basic earnings per share of 0.78 to 0.79 RMB, up 5-9% year-over-year.

According to a filing from China's Securities Regulatory Commission on August 14, Hunan Junxin Environmental Protection Co., Ltd. (301109.SZ) received approval for its offshore listing. The company plans to issue no more than 221,434,400 shares and list on the Hong Kong Stock Exchange.

According to the China Securities Regulatory Commission (CSRC) on August 14, Transsion Holdings (688036.SH) received approval for its offshore listing on the Hong Kong Stock Exchange. The company plans to issue no more than 132,386,200 shares. Transsion Holdings is a smartphone and mobile internet services provider with production bases in Chongqing, Shenzhen, Nanchang, Bangladesh, and Ethiopia.

According to Chin Ching Finance, Huayi Financial (08123) posted a loss attributable to shareholders of HK$5.909 million for the six months ended June 30, 2026, swinging from profitability a year earlier. The company reported revenue of HK$46.061 million, up 923.35% year-on-year. Basic loss per share stood at HK4.58 cents.

According to Smartkarma (智通财经), Jing Xing International Holdings (02307) reported H1 2026 results with revenue of HK$17.75 billion, down 3.7% year-over-year, and shareholders' profit of HK$13.74 million, up 114.38% YoY. Earnings per share stood at 1.6 HK cents. The profit increase was mainly driven by higher non-operating income including rental and wastewater treatment service fees, combined with improved cost control and lower financing costs.

According to IT Home, Microsoft has removed Mico, an anthropomorphic avatar designed for Copilot voice conversations, from the voice feature and deployed it to Learn Live learning center today (August 14). Mico will continue serving as a user tutor in Learn's instructional courses, responding to more content and teaching through interactive methods. Microsoft emphasized that Copilot's voice interaction functionality itself remains intact.

According to Korea Exchange on August 14, 70 listed companies set ex-dividend dates in August, with a combined dividend payout of ₩5.42 trillion ($4.1 billion). Among them, Hyundai Motor leads with ₩654.6 billion, followed by SK Hynix (₩273.3 billion), Posco International (₩252.3 billion), and KT&G (₩207.6 billion). The dividends are split between interim distributions (32 companies) and quarterly distributions (38 companies). Ex-dividend dates are scheduled throughout the month, with August 31

According to state media, on August 14, Chad President Mohamed Idriss Deby signed a decree pardoning former Prime Minister Soucess Mahamat and other political figures. Mahamat, who had been sentenced to 20 years imprisonment on charges of inciting inter-ethnic violence, received a full pardon. The judicial authorities will complete the necessary procedures within hours or days to secure their release.

According to Zhitong Finance, Fudan Zhangjiang (01349) reported profits attributable to shareholders of 36.895 million yuan for the six months ended June 30, 2026, up 545.58% year-over-year. The group's revenue reached 372 million yuan, declining 4.58% from the same period last year, with net profit margin improving to 10% from 1% previously, primarily due to a 44-million-yuan reduction in research and development expenses. Earnings per share stood at 0.0355 yuan.

According to official announcement, China Metallurgical Group (01618) disclosed contract signings of 447.46 billion yuan for January-July 2026, with overseas contracts accounting for 39.13 billion yuan.

According to an announcement, Cocy Watch & Jewelry (00256) reported that for the six months ended June 30, 2026, profit attributable to shareholders was expected to be at least 40 million Hong Kong dollars, compared to a loss of approximately 42.045 million Hong Kong dollars in the same period last year. The improvement was mainly driven by enhanced operational efficiency in watch and timepiece products, reduced operating expenses, and increased profit contributions from banking and financial se

According to BlockBeats, analyst qinbafrank reported on August 14 that the revenue gap between optical interconnect leaders Coherent (COHR) and Lumentum (LITE) is narrowing rapidly. Coherent's FY2027 Q1 guided revenue reached 1.84x that of Lumentum, down from 2.36x in FY2026 full year and 2.03x in Q4 2026. However, Coherent's guided Non-GAAP operating profit is only 1.04x Lumentum's, with its Q4 2026 revenues at 2.03x generating just 1.62x the gross profit, 1.21x operating profit, and 1.08x net

According to Politico Europe, today Ukrainian President Volodymyr Zelenskyy faces difficulty finding a qualified candidate for the position of ambassador to the United States. Multiple potential candidates have declined the role, citing concerns about navigating the unpredictable political environment under the Trump administration, according to two former Ukrainian officials and four lawmakers.

According to the Financial Services Commission on August 14, South Korea expanded its household debt growth target for the year to 3% from the previous 1.5%. The regulator also introduced the Youth Future Housing Loan program for properties under 400 million won (excluding apartments), described as an additional option rather than a reduction of existing benefits. Housing-related mortgage loans for relocation fees, down payments, and final payments will be managed separately from the total lendi