Gate Crypto Flash News and Market Updates

According to NH Investment & Securities, GNC Energy's order backlog is projected to reach 600 billion won by end of 2026, up 50% from 400 billion won at end of 2025, driven by surging demand from domestic AI data centers. The South Korean emergency power generator specialist expects revenue to grow 33.8% year-over-year to 410.3 billion won in 2027, with operating profit jumping 78.2% to 75 billion won. The brokerage cited accelerating data center expansion from 2028 onwards—including projects fr

According to NH Investment Securities, the brokerage cut LG Chem's target share price to 350,000 Korean won from 400,000 won on Sept 28, representing a 12.5% reduction, citing slower-than-expected profitability recovery in cathode materials. The firm estimated Q3 operating profit at 9.9 billion won, sharply below the current consensus estimate of 70.8 billion won, though it maintained a "Buy" rating. For LG Chem's advanced materials division, the cathode material unit saw capacity utilization re

According to SK Securities, Korea Premium Week 2026 launches on September 28 through October 16, bringing together 42 institutions and 55 listed companies in South Korea's largest capital market investor relations event. Co-hosted by the Financial Services Commission and Korea Exchange, the three-week program includes a core week and two follow-up weeks with approximately 25 events. On October 6, a policy session is scheduled to present major institutional improvements for KOSDAQ listing and del

According to South Korea's Customs Service data released by lawmaker Moon Jin-seok, illegal foreign exchange transactions detected over the past seven years have surpassed 20.1 trillion won, with detected cases reaching 128 as of July 2025 worth 4.9 trillion won. The amount rose from 652.5 billion won in 2020 to 6.3 trillion won in 2022. In recent years, illicit actors increasingly use cryptocurrency to circumvent monitoring, transferring funds across borders via digital assets before converting

According to ChainCatcher, California Governor Gavin Newsom has signed legislation prohibiting state public officials from issuing meme coins.

According to Barron's, Berkshire Hathaway raised its stake in Lennar Corporation (LEN-US) to approximately 11% on Friday, September 25, after purchasing 1.7 million shares at an average price of $81 per share. The company now holds approximately 26 million Lennar shares with a market value of roughly $2.1 billion. Berkshire's holdings in the U.S. homebuilder have nearly doubled since the second quarter, reflecting continued investment in the residential construction sector amid recent market wea

According to NH Investment & Securities, South Korean securities stocks are bottoming out in September after weakness earlier this year. The brokerage noted that valuation multiples have fallen to 0.9x price-to-book ratio, with dividend yield forecasts rising to 2.0–7.1% across coverage names. Third-quarter earnings are expected to be weak due to higher interest rates and lower trading volumes; however, average daily trading volume reached 76.3 trillion Korean won through September 23, far excee

According to Yonhapnews, U.S. stocks advanced on September 25 following diplomatic progress between Washington and Tehran. The Dow Jones Industrial Average gained 0.93% to close at 51,828.62, while the S&P 500 rose 0.51% to 7,743.41 and the Nasdaq Composite increased 0.48% to 27,068.72. Iranian Foreign Minister Abbas Araghchi proposed a "seven-day plan" at the UN General Assembly in New York, calling for cessation of hostilities and reopening of the Strait of Hormuz, bolstering investor sentimen

According to NH Investment & Securities, on September 28, GNC Energy's order backlog is projected to surge 50% from 400 billion won at end-2025 to 600 billion won by year-end 2026. The South Korean backup generator supplier faces structural undersupply as domestic AI data centers enter gigawatt-scale expansion cycles from 2028 onward. GNC Energy, which generates 76.5% of revenues from data center operations, has maximum annual production capacity of 250 units; it shipped 70 units last year and e

According to Korean Investment & Securities on September 28, Hyundai Department Store's target price was lowered to 170,000 won from 185,000 won, with third-quarter operating profit estimated at 89.8 billion won, 6.4% below market consensus. The brokerage attributed the downward revision to won appreciation from July onward, which dampened foreign customer sales growth, while increased outbound demand failed to offset the impact. Operating profit is projected to grow 23.5% year-over-year, slight

According to Hana Securities analyst Kim Rok-ho, South Korea's semiconductor exports surged on September 28, with DRAM leading the surge. Through September 20, memory semiconductor exports reached 1.54 billion dollars, up 262% year-over-year. DRAM exports surged 530% to 760 million dollars, while NAND flash exports increased 240% to 110 million dollars. SSD exports grew 203% to 150 million dollars. The analyst attributed the surge to strong memory chip pricing and expansions by local semiconduct

According to Jin10, a silver exchange-traded fund holdings report is scheduled for Monday, September 28, 2026.

According to iM Securities on September 28, the brokerage raised its price target for Daeduk Electronics from 150,000 won to 190,000 won and maintained a 'buy' rating. The firm also increased its operating profit estimates for 2027 and 2028 by 4.5% and 2.1% respectively. For Q3, Daeduk Electronics is expected to post operating profit of 76 billion won while maintaining its business plan. Demand for ABF (advanced package substrate insulation material) for high-performance semiconductors is expand

According to KB Securities analyst Choi Yong-hyun on Sept 28, Seoul hotel asset values have risen sharply but remain unpriced in listed hotel stocks. Four-star hotel room transaction prices have more than doubled to 700 million won from 300 million won in 2023, while five-star properties now trade above 1.2 billion won compared to under 1 billion won previously. The capital rate on major Seoul hotels has fallen to the 5% range, reflecting rising valuations amid tight supply and growing inbound t

According to CNBC, on September 27, U.S. 10-year Treasury yields rose to 5.17%, marking the highest level since 2007, significantly increasing borrowing costs for AI infrastructure companies. The yield has climbed approximately 1 percentage point since the start of 2026. SoftBank, a leading AI investor, issued $11.1 billion in seven-year bonds at a coupon rate as high as 9.75%. CoreWeave disclosed in an SEC filing that each 100 basis point increase in rates raises its annual interest expenses by

According to overseas brokers, the USD-KRW 1-month NDF fell to 1,355.10 won (MID) on September 25 (local time), down 2.10 won from Seoul's spot market close of 1,357.50 won on the previous day after accounting for current swap points. The bid was 1,354.90 won and ask 1,355.30 won. The decline followed comments from Japanese Finance Minister Katayama Satsuki that U.S. President Donald Trump expressed concern about yen weakness during recent U.S.-Japan talks, with both leaders noting that yen unde

Tomorrow (September 28), market participants will focus on three key central bank events: European Central Bank President Lagarde's testimony (time to be confirmed), Bank of England Deputy Governor Ramsden's speech at 18:00 UTC, and the release of the U.S. Federal Reserve Bank of Dallas September business activity index at 22:30 UTC.

According to NH Investment & Securities, on September 28, the company raised rates on its won-denominated commercial papers by 20 basis points. The overnight rate (including CMA) for individual investors increased from 2.45% to 2.65%, while the corporate rate rose from 2.40% to 2.60%. The company also increased US dollar-denominated paper rates across all tenors by 20–25 basis points, with rates reaching 3.90% for 365-day products. The moves reflect heightened competition in South Korea's short-

According to Woori Investment & Securities, on September 28 the brokerage raised its target price for Cosmeca Korea (241710) from 120,000 won to 150,000 won, representing a 25% increase, while maintaining a 'buy' rating. The analyst forecast third-quarter operating profit of 32.2 billion won, below market consensus of 33.1 billion won, attributing the shortfall to delayed revenue recognition from logistics constraints rather than weakening demand. However, the brokerage lifted full-year 2026 ear

On September 27, Israel's Foreign Minister Gal announced that Israel will no longer recognize the diplomatic status of Dutch personnel at the Dutch representative office in Ramallah. The diplomatic privileges and immunities of these officials will expire in seven days.