Gate Crypto Flash News and Market Updates

According to an announcement from Luokang Pharma (1276.HK), the company's subsidiary Beijing Shengdi Pharma recently received approval from China's National Medical Products Administration (NMPA) to conduct clinical trials with SHR-3201 injection. The drug candidate is designed to treat Alzheimer's disease by clearing disease biomarkers in the brain and slowing cognitive decline. To date, no similar drugs have been approved globally. The company has invested approximately 48.8 million yuan in R&

According to analysis from market research firm Kobeissi Letter, 84% of S&P 500 components have declined more than 10% from their individual all-time highs as of Tuesday, October 12, when the index marked four years of bull market gains. The weakness is particularly concentrated in certain sectors: real estate stocks saw 97% of components down 10%+ from peaks, followed by materials at 96%, utilities at 94%, and consumer discretionary at 92%, while energy stocks proved most resilient with only 62

According to Caijing Magazine, embodied AI company Zhiyuan Innovation launched a new funding round on October 13 targeting 1 billion to 1.5 billion yuan, valuing the company at approximately 50 billion yuan. The round is nearing completion. Zhiyuan previously announced Hong Kong stock market listing preparations in July 2026. However, under Hong Kong Exchange regulations, companies completing new financing after submitting listing applications must wait 120 days after funding closes before tradi

Jinshi Capital Group (1160.HK) announced on September 30, 2026, its unaudited net asset value per share stood at approximately HK$0.015.

According to HuaWen Futures report, on Oct 13, LU2612 (low-sulfur fuel oil futures, December contract) rose 332 yuan/ton to 5,940 yuan/ton, up 5.92%. FU2611 (high-sulfur fuel oil futures, November contract) gained 178 yuan/ton to 5,268 yuan/ton, up 3.50%.

According to Binance's official announcement, on October 16 at 06:00 UTC, the exchange will adjust the collateral ratio for ASTER and ETC from 50% to 60% across cross-margin lending and unified account platforms.

According to Guru Club, Brent crude oil futures fell 2% on October 13, trading at $104.476 per barrel.

According to Bank of America's latest global fund manager survey, uncontrolled bond yield rises represent the biggest tail risk facing markets, followed by an artificial intelligence bubble. The bank surveyed fund managers globally to identify primary risk concerns in the current market environment.

According to BlockBeats, the Hyperliquid Assistance Fund has accumulated over 48 million HYPE tokens today (October 13), spending approximately $1.365 billion. The tokens are now valued at around $3.953 billion, representing significant gains from the fund's initial purchases. The fund continuously repurchases HYPE tokens from the open market using protocol trading fee revenue. Recently, Hyperliquid expanded its repurchase funding sources through the AQAv2 framework by directing USDC reserve yie

According to Kazakhstan's Ministry of Economy, the country's oil production fell 8.3% in the first nine months of the year, declining to 69.4 million tons.

According to its official announcement, Yuexiu Properties (00123) achieved contracted sales of RMB 68.018 billion in the first nine months of 2026, up 6.7% year-over-year, with contracted sales area of approximately 2.1866 million square meters. In September alone, the company recorded contracted sales of RMB 6.81 billion, roughly flat YoY. In September, the company also acquired a land parcel in Guangzhou's Tianhe District through public tender, with attributable land consideration of approxima

According to Smart Finance, starting October 8, Jiangbo Dragon (09976) has been added to the Hong Kong Stock Connect list, enabling mainland investors direct access to H-shares and broadening investor coverage. For H1 2026, the company reported revenue of RMB 24.088 billion, up 136.26% year-over-year, and net profit of RMB 10.577 billion, up over 715% YoY. Enterprise-grade storage revenue reached RMB 2.14 billion, surging 208.8% YoY, with high-end products including eSSD and RDIMM already adopte

According to foreign media reports, Hungary's former Prime Minister Viktor Orban denied on October 13 that he instructed authorities to seize two armored vehicles carrying $82 million in Ukrainian cash and gold, dismissing allegations as politically motivated. In March, seven Ukrainian nationals responsible for transporting the assets were briefly detained by Hungarian authorities on suspected money laundering charges. The case has heightened tensions between Hungary and Ukraine.

According to Odaily and investors, embodied AI unicorn Zhiyuan Innovation has launched a new funding round of approximately 1.4 to 2.1 billion USD, valuing the company at around 71 billion USD. The round is nearing completion. The fundraising triggers a 120-day regulatory delay under Hong Kong Stock Exchange rules: companies completing new funding after submitting IPO applications must wait 120 days post-fundraising before listing. As a result, Zhiyuan's original August IPO target is now postpon

The NFIB small business optimism index fell to 97.9% in September, below the expected 98% forecast, according to data from the National Federation of Independent Business. The reading declined from 98.7% in August, marking a month-over-month decrease in U.S. small business sentiment.

UnitedHealth reported third-quarter adjusted earnings per share of $4.69, beating analyst expectations of $4.12. Q3 revenue reached $112.69 billion, also exceeding the consensus estimate of $110.3 billion, though marking a 0.4% year-over-year decline. The company raised its full-year adjusted EPS guidance to at least $20.50, up from its previous range of $19.50 to $20.00 and above the market consensus of $19.85. UnitedHealth shares rose more than 3% in premarket trading.

According to Yonhap Infomax, Korean government bond yields fell sharply on October 13 amid safe-haven demand as the Kospi dropped over 5 percent. Foreign investors purchased government bond futures in large volumes, with the 3-year yield declining 6.4 basis points to 3.857 percent and the 10-year yield falling 7.7 basis points to 4.229 percent. Foreigners net-purchased approximately 14,000 contracts of 3-year bond futures and roughly 3,000 contracts of 10-year futures.

The Bank of Korea's governor announced that the central bank will review the operational effectiveness of the K-DOT dot matrix system next year or thereafter. The review will seek to achieve the optimal balance between providing too much and too little forward guidance.

According to an announcement from Zhongyin Family Ka'ang (01610), the company slaughtered 524,000 commercial standard hogs in September 2026, down 4.03% from August. Average sales price was 10.53 yuan per kilogram, with fresh pork sales reaching 382,000 tons.

According to Jin10 data, on October 13, President Trump claimed Russia and Ukraine agreed to a ceasefire, stating: "They agreed, you know why? Because I said 'you agreed.' It's that simple." The claim came in response to reports that both countries denied reaching such an agreement. Separately, the Trump administration plans to bring officials from the U.S. Artificial Intelligence Safety Institute (CAISI) into the White House and seek to incorporate CAISI into the artificial intelligence policym