Gate Crypto Flash News and Market Updates

According to Jin10, Singapore launched the world's first green aviation fuel surcharge on departing flights from October 1. Tickets purchased starting Thursday for flights departing after January 1, 2027, will incur an additional fee ranging from SGD 1 (approximately 78 US cents) to SGD 41.60, depending on cabin class and destination. The surcharge funds sustainable aviation fuel (SAF) initiatives to reduce aviation's climate impact. The fee does not apply to connecting passengers.

According to Zhitong Finance, on October 1, the Hang Seng Index ADR fell to 24,525.11, down 88.16 points or 0.36%. Among large-cap blue chips, HSBC Holdings declined 1.36% to HK$155.845, while Tencent Holdings fell 1.29% to HK$425.432.

According to Wise Finance, Hang Seng Index futures (October contract) closed at 24,422 points on October 1, down 170 points or 0.691%, trading at a discount of 191 points.

According to KB Securities on September 1, Samsung Electronics could distribute approximately 70 trillion won in cash dividends in the second half of 2026 while also repurchasing and retiring 40 trillion won in shares. KB Securities' research head Kim Dong-won estimated the company would allocate roughly 30 trillion won in Q3 dividends and 40 trillion won in Q4 dividends, with remaining funds directed toward share buybacks. Samsung Electronics' operating profit is expected to reach 368 trillion

According to Yonhapnews, Hyundai Mobis divested its lighting business on September 29, with 100% stake sold to French OP Mobility for approximately 600 billion Korean won. The transaction marks a strategic shift as the company redirects resources toward higher-margin businesses including electrical systems, software, and robotics actuators. Securities analysts said the divestment enables Hyundai Mobis to concentrate on technology-driven segments. KB Securities noted that while the lighting busin

According to NEAR Protocol, the network recently launched the SPICE upgrade, a major architectural change that separates transaction ordering, data availability, and execution. The upgrade is designed to enable faster block production, reduce latency, and support longer-running and more complex transactions on NEAR Intents and near.com platforms.

According to Lotte Construction's statement, today (Sept 1) the company successfully issued its third asset-backed securitization (ABS) worth 200 billion Korean won with a one-year maturity, achieving full sellout. The securities received the highest AAA credit rating. The ABS is backed by construction payment receivables from six project sites including residential developments and group affiliate properties. The company plans to realize early cash recovery of approximately 470 billion won thro

According to Bitcoin News on X, @callebtc demonstrated sending Bitcoin-backed Cashu e-cash through Apple's Find network without requiring an internet connection. The method uses small devices to disguise encrypted data as Find Bluetooth signals, which nearby Apple devices receive and relay through Apple's network, allowing recipients to access the Cashu e-cash information while the sending device remains disconnected from Wi-Fi or cellular networks.

According to Odaily, Chainlink has launched Fulcrum, a cross-chain institutional repo product designed to support cross-chain financing for the institutional repo market. The company demonstrated the Fulcrum workflow with DTCC (the U.S. Securities Depository and Clearing Corporation) at the Sibos conference, showcasing how the product operates in institutional repo scenarios. Integration efforts with various financing venues are currently underway.

According to Yonhapinfomax, South Korea's Financial Supervisory Service (FSS) demanded on September 29 that securities firms expand social contributions and productive finance initiatives. The 37 domestic brokers posted combined net profits of 8.6 trillion won in the first half of 2026, approaching full-year 2025 earnings. However, their social contributions reached only 50 billion won, just 2.3% of the banking sector's 2.2 trillion won in charitable spending. FSS head Lee Shan-jin told securiti

According to Deutsche Bank on September 30, the investment bank initiated a buy rating on semiconductor probe card maker Formfactor (NAS: FORM) and set a $200 price target. DB projects Formfactor will achieve strong structural revenue growth by securing the second-supplier position for Nvidia GPU probe cards manufactured by TSMC and benefiting from growing high-bandwidth memory (HBM) test equipment demand. The bank estimates Formfactor's potential Nvidia market opportunity could generate over $2

According to NH Investment & Securities on September 1, Younwoo Corporation has secured new customers including global athleisure brand Alo, strengthening its OEM (original equipment manufacturer) division. The brokerage lowered its target price to 105,000 Korean won from 120,000 won, while maintaining a "buy" rating. In the first half of 2026, OEM revenue grew 12% year-over-year on a dollar basis, with non-major clients showing 19% won-denominated sales growth. Alo's hooded apparel and pants sh

According to Yonhapnews, Korea Investment & Securities expects Samkwang Bakery to achieve turnaround in 2027, with bakery sales surpassing 1 trillion won and operating margin recovering to 5%. Analyst Choi Go-un cited the company's cost restructuring, SKU optimization, and accelerated overseas expansion through Costco partnerships as key drivers. Global sales are projected to rise from 5% of total revenue this year to 13% in 2028 and 24% by 2030, contributing over 40% to operating profits from 2

According to South Korean securities firms Daishin Securities and Eugene Investment Securities, the U.S. 10-year Treasury yield breached 5% in late September, yet equity markets showed no significant correction, contrasting sharply with the 2023 rate shock that triggered a roughly 10% market pullback. The difference reflects strong economic fundamentals: the U.S. posted 6.5% nominal growth in the second quarter, corporate earnings growth exceeded 14%, and AI investments—which are not rate-sensit

According to Korea Investment Securities on September 1, Samsung SDI is expected to benefit from supply chain restructuring that excludes Chinese batteries from the U.S. energy storage system (ESS) market. The firm maintained a 'buy' rating with a target price of 600,000 Korean won. The U.S. Trump administration declared a national emergency on August 26, citing power system vulnerabilities, enabling the energy department to mandate removal and replacement of equipment linked to specific foreign

According to Nextrade pre-market data on September 30, Micron delivered an earnings surprise for fiscal Q3 with revenue and EPS exceeding consensus, while gross margin reached 87%, surpassing the expected 86%. However, domestic semiconductor stocks showed mixed performance, with Samsung Electronics trading flat at 268,500 won and SK Hynix declining 0.28% to 1.773 million won in pre-market trading. Analysts attributed the muted response to rising U.S. long-term interest rates offsetting positive

According to South Korea's government on September 1, regulatory approvals and environmental assessments for Hyundai's Ulsan factory conversion from internal combustion to electric vehicle production will be reduced from an estimated 40 months to within 12 months. The government also approved integrated procurement of electrical and telecommunications work for semiconductor fabrication plants, addressing delays caused by separate contracting. Additionally, clean hydrogen power auctions reopened

According to Shin Young Securities analyst Lee Gyo-seok, the firm upgraded its investment rating on LG Household & Health Care to buy on September 1, raising its target price by 28% to 320,000 Korean won from 250,000 Korean won. The upgrade reflects growth in the Doctor G haircare brand's North American sales and recovery in domestic duty-free sales, with the analyst revising 2027 earnings estimates upward. LG Household & Health Care stock was trading at 269,000 Korean won.

According to the 2026 Korean Customer Satisfaction Index (KCSI) survey conducted by the Korean Management Association Consulting (KMAC), Bithumb ranked first in the virtual asset exchange category on September 1, marking its second consecutive year at the top. The KCSI is a leading domestic customer satisfaction indicator that evaluates overall satisfaction, element satisfaction, and reuse intent across industries and services. In 2026, Bithumb focused on enhancing user experience through AI-pow

Peter Lee, the president of Microsoft Research who has led the company's internal research division for years, announced his departure on Wednesday. Lee is among several senior Microsoft executives who have announced their departures this year. Earlier in 2026, Rajesh Jha (Office and Windows), Phil Spencer (Xbox CEO), Frank Shaw (Chief Communications Officer), and Charlie Bell (Security) also announced their plans to leave the company.