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8/27
01:40
Bybit will list SHEINUSDT Pre-IPO Tradfi perpetual contracts, offering leveraged trading exposure to Shein before its IPO. Trading will commence at 8:00 AM UTC on August 27. This contract allows users to trade Shein's pre-listing valuation changes, settled in USDT, without involving actual stock ownership.
01:35
Hyundai Mobis, South Korea's largest automotive parts supplier, showcased approximately 40 smart manufacturing technologies, including the application of AI, robotics, and digital twin technology in automotive parts production, at the M-Sphere 2026 exhibition. The two-day event, which opened on Wednesday at the Quantum Center in Uiwang, Gyeonggi Province, attracted about 1,000 industry officials and representatives from partner companies.
01:35
NVIDIA stated on its earnings call that it expects revenue growth of approximately 70% for fiscal year 2028, significantly exceeding the market's previous consensus estimate of 45%. This better-than-expected guidance reignited market confidence in the AI investment cycle, driving NVIDIA's after-hours stock price up by 4.7% and boosting AI-related stocks such as Marvell and SanDisk. Nasdaq 100 index futures rose by 0.9%. Meanwhile, stock markets in the Asia-Pacific region were also buoyed, with South Korea's KOSPI index gaining 1.3%.
01:30
The revelation, first reported by Chinese-language tech news site HKET and confirmed by CoinDesk, indicates that Changpeng “CZ” Zhao and Yi He used the aliases in internal communications. Yi He, who is now co-CEO of Binance, reportedly still uses the name Marge in meetings and chats. The yellow color of the Simpsons characters is said to be a reference to Binance’s corporate color.
01:25
Daewoong Pharmaceutical has received patent authorization from the United States Patent and Trademark Office (USPTO) for its ionizable lipid technology used in its mRNA delivery platform, eTurna. This authorization means the patent application has been approved, but Daewoong Pharmaceutical still needs to complete additional procedures for the patent to be officially registered and legally effective in the United States.
01:17
A Himalayan glacier collapse on Wednesday triggered catastrophic floods along the Nepal-Tibet border, killing at least 160 people and leaving nearly 1,500 missing across Nepal and China's Tibet, including approximately 800 foreign nationals. Rescue efforts are underway, with Nepalese soldiers and rescue teams deployed, and India and the International Federation of Red Cross and Red Crescent Societies (IFRC) offering emergency assistance.
01:16
Nithin Kamath, founder of India’s second-largest stock broker Zerodha Broking Ltd., stated that while the activity boosts revenue, it may pose a significant risk if markets experience a sharp downturn.
00:56
Israeli forces shelled and conducted a ground raid on Wednesday evening near Beit Jinn and Taranja village in southern Syria. Meanwhile, the Israeli Air Force launched airstrikes and continued demolition operations in the southern Lebanese towns of al-Mansouri, Sarbine, Beit Lif, and Yater. These actions followed US-brokered talks between Syrian and Israeli officials in Jordan and a previously reached framework agreement aimed at ending hostilities in Lebanon.
00:47
Fortescue Ltd., an Australian iron ore producer, is considering its first-ever issuance of approximately 3 billion yuan (about $446 million) in Panda bonds, according to people familiar with the matter, despite strained relations between China and Australia.
00:46
Ikea Korea is implementing its latest round of permanent price cuts, allocating roughly 1.8 billion won ($1.3 million) to reduce prices on products including storage, mattresses, lighting, and beds. The furniture giant stated on Thursday that this move aligns with its core low-price philosophy, even as household budgets are strained by inflation.
00:40
Bitcoin fell almost 1% to just under $79,000 in Asian morning hours Thursday, after briefly trading above $80,000 for the first time since May. XRP saw the largest decline among major tokens, dropping almost 3% to just over $1.41, though it still holds a 28% weekly gain. Solana bucked the trend, rising almost 4% to just over $101. The market movements come as shorter-dated Treasuries fell overnight, indicating increased trader expectations for a Federal Reserve rate increase, which contrasts with the lower-yield environment that previously supported Bitcoin's rally from below $68,000 last week. Federal Reserve Chair Kevin Warsh is scheduled to deliver his first Jackson Hole keynote as chair on Friday, three weeks before the September 15-16 rate decision.
00:30
Anish Acharya, a partner at the renowned venture capital firm a16z, stated in a recent internal discussion that the current AI market is essentially characterized by "infinite demand and extremely limited supply," citing the rising rental prices of B200 GPUs as an example. He believes that as open-source models mature, consumer-facing AI applications are reaching a profitability inflection point. Consumers exhibit a very high willingness to pay for new software, even up to $200 per month, signaling the advent of an era of "luxury software."
00:29
French presidential candidates will present their policies to business leaders on Thursday, outlining starkly divergent paths for the euro area’s second largest economy as Emmanuel Macron’s decade in power draws to an end.
00:24
The experimental transaction demonstrated quantum-resistant Bitcoin spending without a fork, but it cost up to $200 and required direct miner submission.
00:24
NVIDIA released its earnings report and held a conference call after market close on August 26, providing its first full-year revenue guidance for fiscal year 2028, projecting a 70% increase, significantly higher than the market's previous expectation of approximately 45%. To secure HBM and DRAM capacity supply for the next two years, the company substantially increased its purchase commitments from $119 billion in the previous quarter to $279 billion. This move is expected to put pressure on gross margins, with a projected median gross margin of 74% for Q3, further decreasing to 71%-72% in Q4. Additionally, NVIDIA expects Q3 revenue to reach $108 billion, a nearly 90% year-over-year increase and an $11.8 billion sequential increase, primarily driven by strong demand in its data center business.
00:23
DSC Holdings Chief Financial Officer Qin Zou stated that the company is nearing break-even, highlighting data insights and digital infrastructure as key competitive advantages in supporting used-car dealers. Zou made the remarks during an exclusive interview on "Bloomberg: The China Show."
00:17
The firm may need to change its ways as its size and risk appetite increase.
00:12
Zinc prices extended their rally for a seventh consecutive day, holding near a four-year high. Futures on the London Metal Exchange climbed as much as 1%, with spot metal commanding a widening premium over futures, signaling near-term supply tightness across metals markets.
00:08
Zhipu AI confirmed on Thursday that the Ox Alpha model, previously tested anonymously, is its newly released GLM-5.3-Flash (320B-A18B). The model scored 57 points on the Artificial Analysis Intelligence comprehensive intelligence index, on par with Anthropic's Claude Opus 4.8, and higher than DeepSeek's flagship model V4 Pro's 53 points. Zhipu AI also disclosed that the model accumulated over 50 trillion tokens in traffic on the OpenRouter and OpenCode platforms within 5 days, more than double that of DeepSeek. All traffic was handled by a cluster of over 100,000 domestically produced chips, achieving hardware efficiency and per-token cost comparable to mainstream NVIDIA GPUs.
00:05
Data released by the Asset Management Association of China on Wednesday showed that the net assets under management (AUM) of domestic mutual funds shrank by 560 billion yuan (US$83.3 billion), or 1.4% month-on-month, in July to 39.11 trillion yuan. This decrease ended a four-month period of mutual fund growth, with investors diversifying portfolios amid a sell-off in semiconductor shares, which helped boost China's private funds.
8/26
23:57
In its latest research report, the Huatai Securities fixed income team pointed out that the proportion of debt financing in China's AI chain is still relatively low, but the financing demand from domestic large technology companies (big tech firms) has increased since Q2 2026. The report estimates that under different capital expenditure growth assumptions, the total domestic AI financing demand from 2026-2030 will be between 1.27-3.5 trillion yuan, corresponding to new onshore bond supply of 91.3-260.8 billion yuan, with an average annual supply of 18.3-52.2 billion yuan. The report mentioned that Tencent's capital expenditure in Q2 2026 increased by 176% year-on-year to 52.784 billion yuan, and its free cash flow turned negative for the first time; Alibaba's capital expenditure in Q2 2026 increased by 75% year-on-year to 67.678 billion yuan, and it announced a proposed placement of HKD 80 billion in new shares for AI development. Factors restricting onshore bond issuance include the procurement of high-end chips denominated in USD, institutional friction from the Red-chip VIE structure, and the relatively short maturities of onshore private enterprise bonds.
23:57
SoftBank is in talks to acquire a majority stake in humanoid robot developer 1X Technologies, valuing the deal at approximately $6 billion, according to sources familiar with the matter at The Information. Negotiations are ongoing, and terms could change. If the deal goes through, it would be SoftBank's most substantial bet in the humanoid robotics sector to date and would provide 1X with ample funding to advance the research, development, and commercialization of its soft robots for home environments. SoftBank CEO Masayoshi Son has explicitly stated that "physical AI is SoftBank's next frontier." Previously, OpenAI had also discussed a potential acquisition with 1X but ultimately did not proceed.
23:52
MiniMax released its H1 2026 results on August 26, with total revenue reaching $116.6 million, a year-on-year increase of 283%. Among this, revenue from the open platform and AI enterprise services was $73.9 million, a year-on-year increase of 703%, accounting for 63% of total revenue. The company's August Annual Recurring Revenue (ARR) has exceeded $800 million, significantly surpassing Jefferies' previous forecast of $580 million. Although the gross profit margin for the first half was under pressure at 17.9%, management expects an improvement in the second half. Both UBS and Jefferies maintained a "Buy" rating for MiniMax, with Jefferies raising its target price to HK$533.

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