Gate Crypto Flash News and Market Updates

According to ZhiTong Finance, Fuyao Glass posted third-quarter net profit of approximately 2.036 billion yuan, down 9.87% year-over-year, with quarterly revenue reaching 121.52 billion yuan, up 2.51%. For the nine-month period ending September 2026, the company reported cumulative net profit of approximately 6.006 billion yuan, down 14.97% year-over-year, with revenue of 341.23 billion yuan, up 2.46%.

According to LatePost, 28-year-old Yao Shunyu joined Tencent's president's office on October 20 to lead the Hunyuan AI model team. Since his arrival, the Hunyuan team has expanded to approximately 2,000 members. Yao has adopted a team management approach emphasizing competitive drive over mandatory overtime, stating internally that while Tencent cannot operate like DeepSeek without extra hours, the company can push DeepSeek to work harder.

According to Jin10, on October 20, Iranian Foreign Ministry spokesman Baghaei denied reports that the United States had conveyed a message threatening to attack Iran while demanding no retaliation, calling such claims "pure fantasy." Baghaei stated that the era of "hit and run" has ended, signaling Iran's readiness to respond to any military action.

According to an announcement from Huaying Architecture (01582) on October 20, the company has agreed to sell its entire stake in Zhejiang Jiantou Environment Development Group to Zhejiang Construction Investment Group for RMB 263 million (approximately HKD 303 million). Following completion, the target company will cease to be a wholly-owned subsidiary and will no longer be consolidated into Huaying's financial statements.

According to ChainCatcher, DeepSeek announced today that it has open-sourced DeepInfer, its internal inference framework, alongside the production-grade Token codec component deepseek-recipe. DeepInfer integrates high-performance operators and an optimized inference engine supporting distributed inference, speculative decoding, and structured outputs, with compatibility for both Nvidia and Huawei Ascend platforms. DeepSeek said it has deployed DeepInfer to power high-throughput, low-latency infe

EUR/GBP dropped below 0.84 during the day, declining 0.31% intraday.

According to Ukraine's Energy Ministry, Russian forces attacked energy infrastructure across 7 regions—Kirovohrad, Zhytomyr, Lviv, Odesa, Rivne, Ternopil, and Khmelnytsky—on October 20 overnight and into the morning, causing partial power outages. Some electricity supply has been restored, with repair work ongoing. The ministry stated that systematic strikes on Ukraine's energy infrastructure continue amid air defense warnings and risks of additional attacks.

According to RootData, Walrus (WAL) will unlock approximately 38.33 million tokens valued at $1.48 million on October 27 at 10:00 UTC+8.

According to PANews and official announcement, Upbit will list the MPLX token on its Korean won market, with trading beginning at 6:30 PM KST on Oct 20.

Foreign institutions held CNY 31.9 trillion in Chinese interbank market bonds as of the end of September, according to central bank data.

Germany's ZEW economic sentiment index came in at -35.9 in October, beating expectations of -44.5 and improving from -47.1 in the prior month. The positive surprise indicates a gradual easing of economic pessimism among German financial market experts.

Germany's ZEW economic sentiment index declined to 28.1 in October, falling short of the forecasted 30 and down from 34.7 in the previous month.

According to Smart Finance, Four Rings Pharma (00460) announced that its subsidiary Medface Biotech (Jilin) Co., Ltd. recently received Hong Kong approval for two self-developed injectable aesthetic products: PCL (polycaprolactone microsphere dermal filler) and FL (hyaluronic acid sodium composite solution). The approved specifications include PCL in 0.5mL, 1.0mL, and 2.0mL vials, and FL in multiple sizes ranging from 0.5mL to 5mL boxes. Both products are categorized as mainstream light aestheti

Eurozone's ZEW Economic Sentiment Index fell to 18.5 in October from 25.8 in September, according to data from the Zentrum für Europäische Wirtschaftsforschung (ZEW). The decline of 7.3 points reflects a retreat in economist expectations regarding the region's economic outlook.

According to a regulatory filing today (October 20), Xingye Holdings (00132) subsidiary Green Finance Leasing entered into a financing lease agreement with Zhenglai County Rongxiang District Heating Co., Ltd. for RMB 20 million. The underlying assets are heating equipment and facilities located in Baicheng, Jilin Province, China, to be leased back to the tenant for a 73-month term.

According to Jamie Dimon, JPMorgan Chase CEO, in a Wall Street Journal interview on October 20, the U.S. economy remains strong with robust corporate profits and low unemployment, though multiple risks are accumulating beneath the surface, including persistent inflation, large fiscal deficits, and geopolitical uncertainties. Dimon stated the bank has prepared for extreme scenarios, including a 40% stock market decline and a two- to threefold widening of bond credit spreads, rather than attemptin

According to Eurostat, eurozone construction output adjusted for working days rose to 1.4% year-over-year in August, rebounding from a 2% decline in the previous period.

BlackRock's tokenized money-market fund BUIDL has grown to $2.3 billion since its 2024 launch and is now being explored for use as collateral in traditional finance markets, according to the firm. The tokenized fund shares are already used as collateral in digital-asset markets; BlackRock now aims to connect this use to Wall Street's broader financing systems where conventional money-market funds already support trading positions. For this expansion to succeed, banks and financial institutions w

According to 21Shares, on October 20, the company launched two physically-backed ETPs in Europe: Lighter (LIT) and Venice Token (VVV), both with a 2.50% fee. The Lighter ETP, ticker LIHT, is listed on Germany's Xetra exchange and trades in both euros and U.S. dollars. The Venice Token ETP, ticker VENC, is listed on Switzerland's SIX exchange and trades in U.S. dollars. Investors can hold these ETPs through standard securities accounts without managing private keys or custody.

WTI crude oil broke through $100 per barrel today, marking the first time since September 16, with intraday gains of 1.98%.