Gate Crypto Flash News and Market Updates

South Korea's Financial Commission and Korea Exchange opened 'Korea Premium Week 2026' on Sept 28, running through Oct 16. The three-week event showcases government capital market reforms and listed company investment presentations to overseas investors. Key policy initiatives include expanding the AfterMarket to 24-hour trading in phases, reducing settlement cycle from T+2 to T+1 to align with global standards, and building a Security Token Offering (STO) platform. The event attracted approxima

According to the Korea Exchange, the KOSPI daily average listed stock turnover rate reached 0.50% through Sept 23, marking the lowest level this year and extending a six-month consecutive decline from 1.74% in March. The index fell 2.70% to close at 6889.74 on Sept 28 as U.S. long-term Treasury yields surged, with semiconductor heavyweights Samsung Electronics and SK Hynix declining 5.05% and 5.43% respectively. Market participants cited weak momentum from retail and foreign investors, who each

According to Korea Exchange, South Korean solar energy stocks surged on September 28 amid easing concerns over Chinese solar product restrictions following U.S.-China summit discussions. Hanwha Q Cells soared 14.21% to 33,350 Korean won, OCI Holdings rose 10.92%, and HD Hyundai Energy Solutions gained 4.16%. The rally reflects solar products' exclusion from U.S. tariff concessions, boosting their strategic value. U.S. solar module and polysilicon prices have climbed as the U.S. prepares broad im

According to its announcement on September 28, Inheritance Education Group (08195) signed a memorandum of understanding with Dr. Li Chengze regarding potential cooperation to develop and offer metaphysics-related courses, including metaphysics, feng shui, and philosophy training programs both in-person and online. Under the partnership, the group will handle commercial operations, marketing, student recruitment, venue coordination, and administrative support. Dr. Li will design course content, t

According to the Korea Housing Finance Corporation, on September 28, the organization froze October Bogeumjari Loan (a long-term, fixed-rate mortgage product) rates at the same level as September. The Akkeum e-Bogeumjari rates range from 4.90% to 5.20% depending on maturity: 10-year at 4.90%, 15-year at 5.00%, 20-year at 5.05%, 30-year at 5.10%, 40-year at 5.15%, and 50-year at 5.20%. The policy aims to reduce borrowers' repayment burden amid recent interest rate increases.

China Biologic Products announced today that its subsidiary Qilu Pharma (正大天晴) has entered into a strategic partnership with STADA Arzneimittel AG for biosimilar development and commercialization. Under the agreement, Qilu Pharma will receive an upfront payment and is eligible for development, regulatory, and sales milestone payments totaling up to €53 million. Additionally, Qilu Pharma will receive double-digit royalties on profits from the partnership. Qilu Pharma will license STADA to commerc

According to Zhitong Finance, China United Insurance (1336) announced it will distribute interim dividends of RMB 0.73 per share on December 10, 2026.

According to Cui Dongshu from the China Passenger Car Association, China's auto industry faced dual pressures from rising costs and weak demand in the first eight months of 2026. Industry output reached 20.31 million vehicles, down 3% year-over-year, while revenue reached 700.62 billion yuan, up 2.9%, but costs climbed 4% to 623.7 billion yuan. Profit fell 16% to 25.34 billion yuan, with a profit margin of 3.6%. In August alone, production hit 2.7 million vehicles with revenue of 92.81 billion y

According to Yonhapnews, on September 28, Samsung Electro-Mechanics announced a 6.78 trillion Korean won investment to expand production capacity for high-end semiconductor packaging substrates used in AI servers across South Korea and Vietnam. The company will invest 4.27 trillion won at its Sejong facility in South Korea and 2.51 trillion won at its Vietnam subsidiary, marking the largest single-product investment in Samsung Electro-Mechanics' history. The investment period runs through May 31

According to the Financial Investment Association, South Korea's combined money management accounts (CMA) surpassed 40.09 million as of September 23, 2026, marking an increase of 2.71 million accounts (7.3%) compared to the same period last year. CMA accounts, which allow investors to earn returns on idle funds through repurchase agreements, money market funds, and commercial papers, have grown significantly since surpassing 30 million accounts approximately four years and seven months ago.

According to industry reports, SpaceX will conduct its 14th Starship orbital flight test on September 28 (local time), marking the first operational deployment of Starlink V3 satellites to orbit. The flight will also feature SpaceX's first reuse of heat shield tiles recovered from the previous test. Google is scheduled to launch its first experimental satellite for Project Suncatcher on October 1 to verify whether its custom AI chip (TPU) can operate in space environments. The project aims to bu

According to NYSE data, Everphase stock surged 82.58% year-to-date, reaching $126 on September 25 following its inclusion in the S&P 500 index. The company, which rebranded from Pure Storage in 2026, saw strong gains on September 21 (up 9.14%) and September 24 (up 11.15%) upon the index inclusion announcement. In the second quarter (May-July 2026), Everphase reported revenue of $1.186 billion, up 37.7% year-over-year, with adjusted operating profit of $229.6 million, up 76.7%, both exceeding mar

According to New York Stock Exchange data, Everphile stock surged 82.58% year-to-date through September 25, hitting $126 as the enterprise data storage company entered the S&P 500 on September 21. The stock climbed 9.14% on the day of inclusion and 11.15% two days later. The company reported second-quarter revenue of $1.186 billion, up 37.7% year-over-year, with adjusted operating profit of $230 million, up 76.7% from the prior year—both record highs exceeding analyst expectations. Major banks r

According to BlockBeats, on September 28, an address on Hyperliquid starting with 0xc36a holding 1 billion PUMP contracts has unrealized gains of approximately $1.4 million. The position was entered at an average price of $0.0036, now valued at $4.99 million as PUMP trades around $0.005, representing a 71% gain from the entry level.

According to Jin10, QatarEnergy has extended the force majeure period on liquefied natural gas shipments to Asia and Europe through November due to continued disruptions at the Strait of Hormuz. The company notified Pakistan and Bangladesh this week that LNG delivery cancellations will persist until November, while at least one Indian buyer was also informed of the extension. The disruptions follow escalating regional tensions. Meanwhile, Italy's Edison SpA indicated its LNG force majeure status

According to Yonhapinfomax, on September 28, South Korea's 10-year government bond futures plunged 147 ticks, pushing 10-year Treasury yields up 16.5 basis points. The sharp decline reflects elevated U.S. Treasury rates following the Chuseok holiday. Unlike previous sell-offs marked by institutional stop-losses, bond dealers remained notably restrained, with major players reportedly holding only core delta positions while observing foreign investor flows. Dealers cited extended weakness and subs

According to South Korea's Financial Services Commission, on September 28, Financial Services Commission Chair Lee Eok-won met with Goldman Sachs Asia-Pacific Head Kevin Snyder and BlackRock Global Partners Co-Head Jude Abdel-Majeed at the Korea Premium Week 2026 opening. Both executives highlighted South Korea's strong economic fundamentals and AI, semiconductor, and energy sector strength, with Snyder reiterating Goldman Sachs' forecast for KOSPI to exceed 12,000 points. Snyder stated that "Ko

According to Yonhapnews, Samsung Electronics announced on September 28 an investment of 4.27 trillion won to expand production capacity for high-end semiconductor packaging substrates used in AI servers at its Sejong facility. The investment, which represents 43.6% of the company's shareholders' equity as of the previous year, will be executed through May 31, 2028, with focus on expanding FC-BGA (flip chip ball grid array) production capability.

According to Signal, a financial news outlet, Koo Mi-hyun, former chairman of Ourhome, acquired a 74.94% stake in KOSDAQ-listed apparel manufacturer C-Site (ticker 109670) on September 23 for 504 billion won (approximately $38.65 million USD), or 11,522 won per share. The transaction, which follows Koo's July acquisition of beauty company Bonnae, marks his expansion into fashion as part of a broader platform strategy combining K-beauty and K-fashion brands. Founded in 1999, C-Site is an OEM and