Posts for September 7, 2026

According to the BBC, Arm Holdings chief executive Rene Haas said artificial intelligence will help find a cure for cancer in his lifetime and could lead to widespread humanoid robots within five years. He noted that AI remains too complex to model cancer at the level of cells and DNA markers, but argued that more advanced systems will eventually solve the problem.

Haas said Arm’s chip designs are already used in half of AI data centers worldwide, and that demand for the Arm AGI chip has topped more than $2 billion since its March launch. He added that shortages of chips are slowing the rollout of AI and data centers, while also saying he does not think chip manufacturing needs to move to the UK.

He also said fears of mass AI-driven job losses and a correction in AI stocks are overstated.

The changes come from ETNet's disclosed holdings updates for a group of Hong Kong-listed companies.

Chow Tai Fook Cheng of Far East Consortium (00035) lifted his stake by 1.12 million shares on September 2, 2026.

Li Ning Co. (02331) saw stake increases by Li Ning on September 1 and September 3, 2026, while Viva China increased on September 2, 2026.

Wang Weijia, of Hong Kong Technology Venture (01137), increased holdings on September 2 and September 3, 2026.

JPMorgan raised its stake in Xinhua Insurance (01336) on September 1, 2026.

BlackRock reduced its holdings in China Resources Entertainment (00136) by 31.489 million shares on September 2, 2026.

The disclosure list also shows reductions in Kingdee International (00268), Tongcheng Travel (00780), Samsonite (01910) and several other Hong Kong-listed names.

Hong Kong Exchanges and Clearing Ltd said the most active Southbound stocks traded through the Shanghai and Shenzhen Connect programs on July 7 included MiniMax (00100), Zhipu (02513), Xiaomi (01810), Tencent (00700), Alibaba (09988), SMIC (00981) and China Life (02628), according to ETNet.

In Shanghai Connect, Xiaomi posted the largest net buy at HK$1,033.14 million, while Kinsus Interconnect Technology (01888) was the top net seller at HK$445.36 million.

In Shenzhen Connect, MiniMax registered the biggest net sell at HK$369.60 million, and InnoLight Technology (03308) recorded the largest net buy at HK$367.45 million.

The figures were rounded to two decimal places.

Citing Wallstreetcn, the report states that the United States announced the discovery of a floating fuel refueling site in the eastern Pacific.

The U.S. military reportedly sank the vessel associated with the site in the area, describing it as connected to drug trafficking.

Officials said those aboard would be handed over to the Ecuadorian government.

Rezaei says Washington has just received a clear warning from Iran's new missile.

He also said Tehran plans to establish a maritime exclusion zone in the Persian Gulf extending to the blockade perimeter in response to economic war.

The Yemen-based Houthi movement said on the 7th that it launched a ballistic missile attack targeting military trucks transporting supplies from Saudi Arabia to the Wadi Al military base in Hadramout province, which is under government control.

Al Masirah TV, operated by the Houthis, aired footage of the strike and said the weapon used was a ballistic missile produced by the group itself.

No information on casualties was reported.

French far-left presidential candidate Jean-Luc Mélenchon criticized the European Central Bank for its decision to raise interest rates, expanding his criticisms of the bank's policies, according to Bloomberg.

The Polymarket submarket for the U.S. Open match between Francisco Cerundolo and Alexander Blockx showed notable volatility in the second-set win market.

ChainCatcher data, cited by Catcher Predict, indicate Cerundolo's probability rose from 48% one hour earlier to 92.5%, a swing of 44.5 percentage points, amid breaking news.

Iran's foreign ministry said that Foreign Minister Abbas Araghchi spoke by phone with the Organization of Islamic Cooperation's (OIC) new secretary-general, according to Jin10.

According to Nikkei Asia, Sony Group plans to cease sales of physical game discs for the PlayStation 5, a move that has drawn backlash from consumer advocates worldwide.

The NRFI Yes option tied to the Cleveland Guardians vs. Baltimore Orioles matchup on Polymarket fell to 26%, down from 44.5% about an hour earlier—a drop of 18.5 percentage points.

ChainCatcher said the move reflects a rapid swing in the prediction market and may be related to breaking news impacting the game.

Iran unveiled a new ballistic missile named Qassem Basir on the seventh local time, according to Wallstreetcn.

Officials described the launch as a milestone in the country’s defense strategy and said it signals a shift from passive deterrence to active deterrence.

HDFC Bank Ltd. and ICICI Bank Ltd. were among the buyers of India's first tokenized bond issued by state-run REC Ltd., according to people familiar with the matter cited by Bloomberg.

The offering has drawn interest as tokenized debt could help deepen liquidity in the debt market.

A Wallstreetcn report says Airbus is poised to win around 15 A320-family jets from Air Cairo and to include an option for 15 additional aircraft.

The agreement is expected to be finalized as soon as this week.

According to Sina Finance, IRGC official Ali Mohammadi said that safe passage through the U.S.-linked corridor in the southern Strait of Hormuz is no longer guaranteed, particularly near the Khasab area of Oman.

The Revolutionary Guards are said to be closely monitoring maritime traffic across the Persian Gulf, the Strait of Hormuz, and the Gulf of Oman.

Mohammadi added that vessels seeking safe passage through the strait must use the Iranian-designated route.

Strive’s chief executive officer, Matt Cole, indicated that the company plans to expand its Bitcoin holdings again in the near term, with another purchase expected tomorrow.

A report cited by Odaily notes that Strive’s recently raised funds could finance a purchase of more than 1,100 BTC, signaling a sizable order on the horizon.

Ethereum researchers have suggested that admission rules for transactions in frame transactions and account abstraction contexts should hinge on whether the verification logic depends on the order of transactions within a block, rather than on how much state is read.

According to Odaily, the article categorizes transactions into three state models: single-writer state, shared state that can tolerate an older state root, and contested state that requires contemporaneous, real-time values.

It also notes that only exact-once assertions, such as whether a nullifier has been used or whether a slot remains free, inherently require total-order coordination and cannot be fully eliminated through proof-based admission alone.

Mercuria and Gunvor posted profits that more than doubled, based on their latest financial results as reviewed by Bloomberg News.

The rise in earnings reflects a trading boom linked to the ongoing conflict related to Iran, Bloomberg reported.

Copper remained near an all-time high as traders weighed ongoing supply-tightness risks, Bloomberg reported.

The closure of US markets for a holiday subdued risk-taking and limited trading activity.

Guiyang Bank said on September 7 that its shareholder, Guiyang State-owned Assets Investment Management Co., extended the pledge on 83.8201 million Guiyang Bank shares, moving the maturity date from September 4, 2026 to November 16, 2026. The pledged shares account for 17.89% of the shareholder's holdings and 2.29% of Guiyang Bank's total share capital, with Guotai Haitong Securities as the pledgee and the financing used to supplement working capital, according to Jiemian News.

After the extension, Guiyang State-owned Assets Investment Management Co. has pledged about 233 million Guiyang Bank shares in total, equal to 49.77% of its holdings. Along with its concerted parties, the total pledged shares amount to roughly 280 million, or 49.42% of their combined holdings.

Shenjian Shares said its vice general manager Wu Deqing received a case-file notice from the China Securities Regulatory Commission on September 7, 2026, in connection with suspected insider trading.

The company stated that operations are continuing normally and that Wu will cooperate with the probe. It said it will monitor the investigation's progress and disclose updates in line with regulatory requirements.

Cao Hui reduced his long position in Ruipu Lanjun by a total of 400,000 shares across three consecutive sessions in September 2026, with 160,000 on September 2, 20,000 on September 3 and 220,000 on September 4, according to a shareholding change report filed with ETNet.

The transactions were conducted on the on-market at average prices of HK$10.0672 (Sept 2), HK$10.0195 (Sept 3) and HK$10.0553 (Sept 4). The filing notes that the percentage figures are calculated based on H shares only.

Hyperliquid's 30-day tally shows 373,952 active perpetual futures traders, according to HyperliquidNews monitoring.

Odaily notes the metric covers traders who completed at least one trade or held an open position in the past 30 days.

AMEC reported a block trade of 1.0354 million shares valued at 333 million yuan, representing 5.79% of that day's turnover, according to Jiemian News.

The shares traded at 321.54 yuan each, about 6.53% below the market close of 344 yuan.

Baghai, the Iranian Foreign Ministry spokesperson, said a Qatari delegation visited Iran last Sunday to help ease tensions, according to Jin10.

China's Ministry of Commerce said it has made a preliminary determination that imports of dichlorodimethylsilane from Japan are dumped, harming the domestic industry, with a clear link established between the dumping and the injury.

Temporary anti-dumping measures will be applied in the form of deposits from September 8, 2026, at a maximum rate of 99.2%.

Importers of Japanese dichlorodimethylsilane must post deposits with Chinese customs based on the rates in the preliminary ruling. Shin-Etsu Chemical Co. and other Japanese companies face a 99.2% deposit, while Denal Silane Co. is assigned an 80.8% rate.

ChangXin Technology conducted its 2026 midyear results briefing.

Independent director Chen Wuzhao said that global DRAM market conditions improved in the first half of 2026 and that prices rose.

According to Odaily, the company remains in a key period for capacity expansion and technology upgrades, and will study a dividend plan at an appropriate time as profitability improves.

SMIC (00981) climbed as much as 2.7% following a non-automatic matched cross-trade of 1.025 million shares recorded at 1:52 PM, with the price fixed at HK$69 per share.

The deal was valued at HK$70.72 million.

SMIC was last up 2.4% at HK$68.8, with turnover totaling 40.26 million shares worth HK$2.748 billion.

Active buying and selling stood at 61 to 39, with net active purchases totaling HK$555 million.

Raydium has expanded LaunchLab to enable trading pairs between any two tokens on its platform.

Foresight News reports that the upgrade introduces flexible pairings on Solana, with goals to deepen liquidity, reduce trading fees, and enhance meme-token trading.

Global AMOLED smartphone panel shipments totaled about 430 million units in the first half of 2026, up 3.8% from a year earlier and coming in ahead of expectations.

Apple and Samsung maintained a steady purchasing pace, aided by supply-chain advantages and profitability resilience. Some domestic panel makers pulled forward portions of future demand to keep production lines running and avoid higher costs.

Demand in the phone repair market also rose notably, contributing to overall shipment growth.

At the start of the week, emerging-market equities climbed to a two-month high as hopes for new AI models lifted heavyweight technology shares, Bloomberg reported.

The gains were partly offset by weaker sentiment stemming from higher oil prices.

Security firm SlowMist has identified two actors replicating a Notional Finance exploit pattern on the Binance Smart Chain (BSC).

Analysts at ChainCatcher say the attackers have completed initial preparations and opened malicious fCash positions using the same vulnerability pattern.

The operation has not yet been fully executed, and the compromised positions are waiting to mature. Once they expire, the attackers may settle the positions and withdraw assets from the protocol.

SlowMist urged affected projects to implement mitigations before the positions expire.

Security firm SlowMist says two actors on the Binance Smart Chain are replicating the exploit method used in a recent Notional Finance incident.

Odaily reports that the attackers have completed the initial setup and created malicious fCash positions that follow the same vulnerability pattern observed in Notional's breach.

The assault has not been fully executed yet, with the positions waiting to mature. Once they expire, the attackers could settle the positions and move assets out of the protocol.

SlowMist urged projects affected by the Notional incident to implement mitigation measures before the positions reach maturity to reduce potential impact.

China Ruyi Holdings saw intraday strength, reaching a high of HK$1.505 before ending at HK$1.495, up 9.5% for the session. The move came as the shares surpassed their 100-day moving average of HK$1.442, according to ETNet.

About 96.46 million shares were traded, amounting to HK$142 million in turnover. The stock has advanced for three consecutive sessions, accumulating a 22.5% rise.

The active buy-sell ratio stood at 70:30 in favor of buying, yielding net active buying of HK$54.46 million.

Dexin-B (02526) advanced 21.1% to HK$600, on turnover of about HK$17.73 million from 30,000 shares, according to ETNet.

The stock peaked at HK$600 and traded as low as HK$465 during the session.

At 9:49 AM, the surge triggered the exchange’s volatility-control mechanism, sending the stock into a five-minute cooling-off period during which trades were restricted to between HK$446.4 and HK$603.5. Normal trading was scheduled to resume at 9:54 AM.

Dexin-B is a constituent of the Hang Seng Composite MidCap Index. The cooling-off rule activates when a stock’s price moves more than 15% from the last traded price five minutes earlier in continuous trading sessions.

ZTE Corp rose as much as 10.0% to HK$1,108, then eased to HK$1,100, up 9.3%, after breaking above its 20-day moving average of HK$1,077.07, according to ETNet.

The stock traded 1.1519 million shares worth HK$1.245 billion. It has gained for three straight sessions, with a cumulative rise of 10.6%.

The active buy-sell ratio was 70:30, with net active buying of HK$471 million.