Gate Crypto Flash News and Market Updates

According to Hong Kong stock exchange announcements, Wecan Technology (06802) listed on the Hong Kong Stock Exchange today with its public offering subscribed at 3,546.91 times. The stock surged over 200% in unofficial trading (grey market) during the day, marking strong investor demand for the new listing.

According to Hong Kong Exchanges, on September 29, Weichai Power (02338) saw position changes totaling HK$1.401 billion, representing 2.6% of share capital. The company's shareholders transferred 48.4925 million shares to Citibank and moved 26.0917 million shares out of BNP Paribas. Weichai Power announced it will distribute an interim dividend of HK$5.976 per 10 shares for the six-month period ending June 30, 2026, with the payment date set for October 23, 2026.

According to Hong Kong Exchange and Clearing, Jet Long Holdings (01425) saw a position transfer worth HK$478 million on September 29, representing 67.05% of the stake. The company transferred 838 million shares from UBS Securities Hong Kong to Standard Chartered Bank (Hong Kong).

According to Hong Kong Exchanges and Clearing, shareholders of Kaisa Group (01638) deposited 1.049 billion shares with HSBC on September 29, increasing their holding ratio by 8.27%. The deposited position was valued at HK$32.56 million, representing 8.29% of total holdings.

According to Hong Kong Stock Exchange data, shareholders of China International Holdings (08118) deposited 110 million shares with Yin Li Securities on September 29, increasing their shareholding ratio by 22%. The total market value of pledged shares reached HKD 10.89 million, representing 22% of the company's total shares. The company previously entered into a placement agreement on September 11 to place up to 100 million shares to at least six placees at HKD 0.049 per share, representing a 14.

Gate News message, the Quant Network founder's wallet address 0x48E9 has transferred 25,776 $QNT (valued at $6.97 million) to new wallet addresses following 7 years of inactivity. The wallet address currently holds 600,000 $QNT (valued at $160.39 million).

Philippines reported import growth of 16.6% and export growth of 27.8% year-over-year in August, posting a trade deficit of $3.85 billion for the month.

According to a 2026 employment market survey released September 29, the gaming industry's enterprise-wide AI adoption rate reached 49.6%, significantly outpacing the general content industry at 33.8%, marking the fastest AI integration speed among content sectors. AI capability has emerged as a core competitive criterion in hiring across all job categories, the report showed.

According to Kosdaq market data, Bumhan Fuel Cell surged 9.17% (2,100 won) to 25,000 won on the morning of September 30. The rally was driven by expectations of increased power demand from AI data centers and growing export prospects for South Korean submarines. Bumhan Fuel Cell supplies hydrogen fuel cell modules exclusively to the KSS-III class submarines.

According to Shanghai Gold Exchange, gold spot prices (T+D contract) rose 0.96% to 903.1 yuan per gram on September 30 morning, while silver spot prices climbed 0.87% to 14,919.0 yuan per kilogram.

According to Foresight News, Morph has joined Mastercard's Cryptocurrency Partner Program, an initiative connecting digital asset enterprises, payment service providers, and financial institutions. Through the program, Morph will collaborate with Mastercard and other participants to explore stablecoin remittance, payment, and settlement applications for Web3 enterprises, institutions, and freelancers globally. Morph's stablecoin payment platform, Morph Payments, currently supports six EVM networ

On Sept. 30, Ducksan NepCore (stock code 266690), Korea's first exception approval for duplicate listing on the KOSDAQ, soared 96.58% intraday to 28,700 Korean won from its offering price of 14,600 won. By 9:22 a.m. local time, it traded at 23,100 won, up 58.22%. The satellite navigation and anti-jamming equipment specialist reported last year's operating profit surged 103.6% year-over-year to 41 billion won, with revenues reaching 48.5 billion won. Major clients include Hanwha Aerospace (34% of

According to IBK Asset Management, the company launched the IBK Korea-US Top 2 Companies Plus Bonds Mixed 50 Active Traded Fund (ETF) on September 30. The ETF allocates 25% each to Korean and U.S. market-cap leaders, with the remaining 50% invested in domestic short-term bonds and monetary stabilization bonds. The Korea and U.S. stock portions are constructed around each country's largest market-cap companies, with approximately 20% of each 25% allocation concentrated in the current market leade

According to Onchain Lens, a Bitcoin whale transferred 20.43 BTC—valued at approximately $1.7 million—on September 30, after holding the assets for 15.4 years. The whale originally acquired the coins when Bitcoin was trading at just $3–$4 per unit. The transaction yielded an estimated gain of approximately $1.72 million, representing a return exceeding 2,000,000%. On-chain records indicate the wallet address has had past interactions with Mt. Gox and Silk Road.

According to BofA Securities analyst Wamsi Mohan, Meta's AI agent Muse accumulated 2.8 million downloads across the U.S. and Canada within 12 days of its early September launch, surpassing ChatGPT on the U.S. App Store free applications ranking. Unlike traditional chatbots, Muse can execute tasks such as shopping, travel booking, form filling, and online transactions on behalf of users, with already-established integrations with Shopify, Expedia, and PayPal. The rapid adoption poses a structural

On the market open this morning, September 30, Chinese futures showed mixed signals, with synthetic rubber surging over 4%, rubber and 20-gauge rubber rising over 3%, rapeseed oil and soybean futures climbing nearly 2%. SC crude oil declined over 2%, fuel oil and low-sulfur fuel oil (LU) fell nearly 2%, while liquefied petroleum gas (LPG), asphalt, and nickel fell over 1%.

According to Odaily, Nate Geraci, president of ETF Store, stated recently that while AI agents trading stocks and options could negatively affect retail investor performance, the rapid proliferation of AI trading robots may inflict greater damage on active fund managers. Geraci noted that AI is improving financial market efficiency and narrowing the information gap between retail and institutional investors. As market information becomes increasingly commodified, even fund managers using AI may

According to GMGN data, Solana-based meme coin SI hit a market cap of $55 million today, trading at $42.9 million with a 24-hour gain exceeding 81%. The surge follows President Trump's announcement that he is rebranding 'artificial intelligence' as 'super intelligence' (SI), triggering increased market attention to the related meme coin narrative.

According to OKX and Coinglass, LIT dropped below $3.7 to a low of $3.62 on September 30, currently trading at $3.93. Liquidations totaled $6.88 million in the past 4 hours, ranking first among all assets on the platform.

According to CNBC, prediction market platform Polymarket hired Lisa Mantil as head of institutional growth on Sept 30. Mantil, a former Goldman Sachs partner with nearly 30 years of experience at the firm, previously led the bank's ETF Accelerator globally and assisted clients in launching investment products. Mantil will apply her experience helping institutions adopt new products and enter new markets to expand the use of prediction markets in investment and risk management strategies. Polymar