Gate Crypto Flash News and Market Updates

Gate Flash News covers real-time crypto market updates, Bitcoin and Ethereum price movements, and key industry developments.
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08:15
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Huawei Spinoff Ultrasonic Passes IPO Review, Plans to Raise 8B Yuan

According to ChainCatcher, on November 13, server manufacturer Ultrasonic passed the IPO review committee of Shenzhen's ChiNext board, planning to raise 8 billion yuan, the highest fundraising target among ChiNext-listed companies this year. Ultrasonic, spun off from Huawei's x86 server business in
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08:11
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Trump Urges Senate to Pass $350B Military Budget Package on Nov 13

According to The Hill, President Trump called on the Senate to pass a $350 billion military appropriations package on Thursday, Nov 13, citing Republicans' narrow window of control in Congress. The Pentagon stated the funding is critical for strengthening military capacity, expanding the defense ind
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08:03
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Honpo Guides 2026 EPS Above 3 Yuan, Sees 5–6 Yuan Recovery in 2027

According to Honpo chairman Hsin Hua-hsi at an earnings call today (Nov 13), the POS and IC card reader manufacturer expects 2026 EPS above 3 yuan, down from 2025's 4.23 yuan, with 2027 guidance of 5–6 yuan. The company projects upper-half to lower-half revenue split at roughly 45% to 55%. Supply ch
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