Gate Crypto Flash News and Market Updates

According to South Korea's Financial Supervisory Service, major brokerages posted record combined net profits of 5.9 trillion won in the second quarter of 2026. The surge was driven by increased trading volumes amid strong semiconductor stocks, which pushed the KOSPI index (South Korea's benchmark equity index) above 9,000 at one point. Asset management and trading divisions performed particularly well, while a shift in funds from banking to equity markets also boosted results.

According to the People's Bank of China announced on August 12, the central bank will conduct overnight reverse repurchase operations on August 14 and August 17-19. Each daily operation will not exceed 600 billion yuan, using a fixed interest rate via quantity-based bidding to better match short-term liquidity needs in the banking system.

According to Yonhap Infomax, on Aug 12, Japan's 2-year government bond yield surged to 1.645%, marking its highest level in approximately 31 years, while the 5-year yield climbed to 2.120%, reaching an all-time record high. The moves were driven by rising U.S. long-term yields. Japan's stock market closed higher, with the Nikkei 225 index gaining 553.84 points, or 0.83%, to 67,524.06, and the TOPIX index rising 38.39 points, or 0.94%, to 4,139.00. The benchmark indices formed a bullish "golden c

According to Foresight News, Bitget has launched two TradFi Quanto perpetual contracts today: CSOPSK2LHKD (2x long SK Hynix) and CSOPSS2LHKD (2x long Samsung Electronics), supporting up to 20x leverage. The contracts allow users to trade non-USD-priced overseas stocks such as Hong Kong stocks directly using USDT without currency conversion. Contract quotes are in local currencies (HKD or JPY), while margin deposits and profit/loss settlements are completed in USDT.

According to CCTV News, China's domestically developed C919 aircraft operated flight CA723 departing Beijing for Ulaanbaatar, Mongolia's capital, today (August 12). The Mongolian airport greeted the aircraft with a ceremonial water arch salute, a gesture of the highest protocol in civil aviation. This marks the first regular commercial international service operated by the C919, with the Beijing-Ulaanbaatar route set to become a recurring operation.

According to Zhaoke Ophthalmology-B's announcement, the company recently signed an exclusive distribution and promotion agreement with Phairtec Biomedical (Beijing) for ophthalmic eye drops covering mainland China. The initial cooperation period is five years. If Phairtec meets at least 80% of cumulative purchase targets with no material violations, the partnership will automatically renew once, extending the total contract term to ten years.

According to The Data Nerd monitoring data, an ETH ICO address became active after 11 years of dormancy on August 12, 2026, transferring its entire 2,680 ETH holdings to a new wallet. The address currently holds assets valued at $5.04 million, compared to an initial investment of just $831 during the 2014 ICO sale.

According to Korea's Financial Services Commission, new investors in single-name leveraged exchange-traded funds (ETFs) must complete at least five days of simulated trading, totaling at least five hours, before purchasing such products. The regulation takes effect on August 19, 2026, and applies to both domestic and foreign investors. The rule is part of ongoing efforts to restrict retail participation in high-risk leveraged ETF trading. The commission previously raised the minimum cash deposit

According to Odaily, Bybit launched three stock perpetual futures contracts today (August 12): Xiaomi (XIAOMIUSDT), SMIC (SMICUSDT), and Riot Platforms (RIOTUSDT), with support for up to 25x leverage. During the launch period, users enjoy promotional trading fee discounts: 0% for limit orders and 50% off for market orders.

According to Odaily, publicly listed bitcoin miners have reduced their BTC holdings from 127,000 BTC at the start of 2026 to 99,000 BTC as of August 12, selling 28,000 BTC worth approximately $1.78 billion year-to-date. The sustained selling has been identified as an underestimated factor in Bitcoin's lackluster price performance this year. Many miners face margin compression, with average production costs around $74,300 per BTC, and are increasingly pivoting toward AI infrastructure to monetize

According to Lee Kyuseon, overseas subsidiary manager at Hanwha Life, the South Korean insurer announced on August 12 that it aims to expand overseas subsidiary profit contributions to 2 trillion won in 2026 and 3.041 trillion won by 2030, up from the current 11% share. In the first half of 2026, overseas subsidiaries recorded net profit of 103 billion won, with Vietnam operations generating 100.7 billion won in revenue and 40.6 billion won in pre-tax profit, while Indonesia's Nobu Bank achieved

According to the UN shipping body, crude oil from the grounded Caroline Maersk tanker has drifted to Oman's shoreline as of August 12. The vessel remains positioned approximately 22 nautical miles off Sharbit coast. Seasonal monsoon conditions have limited rescue operations for the stranded tanker.

According to Tencent Holdings' Q2 2026 earnings report released today, the company's revenue reached approximately 204.785 billion yuan, up 11% year-on-year and up 4% sequentially. Non-GAAP adjusted profit attributable to shareholders was 68.415 billion yuan, up 9% year-on-year. Gross profit increased 13% year-on-year to 118.433 billion yuan. For the first half of 2026, the group generated revenue of 401.243 billion yuan, up 10% year-on-year, with adjusted profit up 10% to 136.32 billion yuan.

According to Zhi Tong Finance, Sanhuan Group (06951) repurchased 6,000 A shares on August 12, 2026, spending 749,600 yuan for the transaction.

According to financial research company bestbrokers, DeepSeek founder梁文锋's net worth surged from $1 billion on July 27, 2025 to $39.5 billion on July 27, 2026, representing a gain of 3,850% that topped global billionaires' wealth growth rankings during the period, based on Forbes' real-time billionaire list.

According to Counterpoint Research, in Q2 2026, Yangtze Memory's NAND flash shipment share rose to 14%, surpassing Kioxia to enter the global top three for the first time. The company's shipments grew 22% year-over-year and 5% quarter-over-quarter. However, by revenue, Yangtze Memory ranked fifth, trailing Micron and Kioxia, as its product portfolio remains concentrated on lower-margin consumer applications with limited enterprise SSD participation.

According to Weaver Fintech's H1 2026 earnings report, group headline earnings per share (HEPS) declined 10% to 256.5 cents during the first half of 2026, pressured by elevated consumer spending challenges from higher fuel prices and increased interest rates. However, the company's Fintech division remains a growth engine, acquiring over 130,000 new customers monthly and delivering 30% revenue growth. The division generated a strong 24.4% return on equity with customer acquisition costs remainin

Vodacom announced on July 20, 2027, that current Chairman Saki Macozoma will retire after completing a 10-year tenure that began in July 2017, adhering to the company's self-imposed board tenure policy. Khumo Shuenyane, currently the lead independent director, will assume the role of chairman effective July 21, 2027. Segun Ogunsanya, former Group Chief Executive Officer of Airtel Africa PLC, will join Vodacom's board as an independent non-executive director on October 9, 2026. Ogunsanya brings o

Baosheng International (03813) released its interim results for the six months ended June 30, 2026, according to financial news platform Smart Finance. Revenue was 8.96 billion yuan, down 2.1% year-over-year, while net profit attributable to shareholders reached 244 million yuan, a 29.9% increase. Basic earnings per share were 4.70 HK cents. The company will pay interim and special dividends of 0.016 HK dollars per share each.

Rich Bank Finance (08452) announced today that the group expects to record a net loss of approximately 110 million to 125 million yuan for the six months ended June 30, 2026, a significant deterioration from a net loss of about 13.9 million yuan in the same period of 2025. The expanded loss was primarily driven by declining sales in its energy storage business amid rising battery raw material costs and intensified price competition, reduced factoring business income, and losses from the disposal