Inamdin009

On September 28, 2026, the closing price of the ICE raw sugar front-month contract was 18.57 cents per pound, and the RMB exchange rate was 6.7118. Calculations indicate that the estimated processing cost, inclusive of duties, for Brazilian sugar within the quota was RMB 4,803 per ton, while the estimated processing cost, inclusive of duties, for Brazilian sugar outside the quota was RMB 6,112 per ton. Compared with the quotation from COFCO Zhangzhou Sugar Factory, the estimated processing profit, inclusive of duties, for Brazilian sugar within the quota was RMB 967 per ton, while that for Brazilian sugar outside the quota was a loss of RMB 342 per ton. (Fantos Technology)

Authors: Ben Inker, John Pease
Compiled by: Deep Tide TechFlow
Deep Tide Introduction: In their Q2 2026 letter, GMO asset allocation heads Ben Inker and John Pease turned their attention to equity supply: SpaceX’s lockup expiration, potential IPOs by Anthropic and OpenAI, and net new issuance by hyperscale cloud providers are pushing the US stock market from shrinking supply by approximately 1% annually to expanding supply by nearly 5%. They estimate that for every additional 1 percentage point of supply, market capitalization will be approximately 4% lower over the following year; this headwind alone could make returns roughly 20% below normal—the market may be in AI

I guess we lost $zk too
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And Gate's attitude towards this matter is very clear: we do not treat AI as a decorative toy, but as the foundation of next-generation productivity. Based on this irreversible trend and in line with the internal mainstream consensus, we choose to fully embrace AI and various vibe coding tools, encouraging colleagues to continuously push boundaries and drive innovation, so that AI truly becomes an integral part of daily development and business iteration.

This year marks the tenth anniversary of the Hong Kong FinTech Week. For the past four years, I have quietly regarded "taking the stage at this conference" as my small goal. This year, I finally achieved it.
I will participate in the closing session speech on the main stage of Hong Kong FinTech Week x StartmeupHK Festival 2025 on November 4th.
So why is it a "silent little goal"?
Because I have always believed that Hong Kong FinTech Week is the most influential and prestigious conference in the city. More importantly, it is a truly fair platform that allows me to have an equal dialogue with my old colleagues in the traditional financial sector, telling them: "Hey, I can also stand on the stage of that conference."
This is a recognition.
Prove the value of the cryptocurrency industry, worthy of sharing the stage with traditional finance; prove that our experience and knowledge are equally significant; prove that we are serious about our work.
After experiencing hundreds of speeches, I can finally check off the meeting that I have always been absent from.
As a show of support for the conference, Gate will be the sponsor of the Finoverse closing party held at Boomerang on November 5th. This is also the third consecutive year that Gate is hosting exclusive institutional and VIP client events during FinTech Week.
I am really very excited (the kind of "excited" that is genuine, not the ChatGPT kind), looking forward to reuniting with old friends, meeting new ones, and reminiscing about the stories of the year 2025.
Let's conclude this year in the most wonderful way!