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Bitwise Solana Staking ETF Tops $1 Billion in 10 Months

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Bitwise's Solana staking ETF, BSOL, has surpassed $1 billion in assets under management just ten months after its debut.

Per Foresight News, Bitwise indicated that the majority of inflows occurred during a bear market.

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Poll: Bank of Canada Seen Holding 2.25% Rate for At Least a Year

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A Jin10-compiled Reuters poll of 35 economists indicates the Bank of Canada is likely to keep its policy rate at 2.25% at the upcoming meeting and hold it for at least the next year.

All respondents expect no change at the September 2 policy decision, which aligns with current market pricing.

They also forecast the rate rising to 2.50% in the fourth quarter of next year.

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Zelenskyy says Russian refinery in Nizhny Novgorod region halted production

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Ukrainian President Volodymyr Zelenskyy, citing the Main Directorate of Intelligence, said a sizeable refinery in Kstovo, in Russia’s Nizhny Novgorod Region, has stopped production. He added that the plant processes around 17 million tons of crude oil annually.

He also claimed that other Russian refineries have halted operations, according to Jin10.

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Hong Kong Announces First GenA.I. Sandbox++ Participants Across 36 Use Cases

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Hong Kong's cross agency regulators, including the Monetary Authority, the Securities and Futures Commission, the Insurance Authority, the Mandatory Provident Fund Schemes Authority and Cyberport, unveiled the first cohort for the GenA.I. Sandbox++ program. The initial participant list includes 36 use cases chosen from roughly 100 proposals submitted by 30 financial institutions and 27 technology partners.

Participants include Bank of China (Hong Kong), China Asset Management, Ant Blockchain, Google and IBM.

The GenA.I. Sandbox++ will focus on agentic AI applications and will test how to responsibly increase AI autonomy beyond content generation. Testing will cover end to end processes such as customer onboarding, payments, insurance claims and customer interactions.

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Xunxun Technology to Sell Hong Kong Unit for RMB 200,000

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Xunxun Technology (01640) said on August 28, 2026 that it has agreed to sell its entire equity interest in Xunxun Hong Kong to Wu Dan for RMB 200,000, according to ETNet.

The disposal group has not actively carried out any business activities since 2025 and has been loss-making in each of the two years ended December 31, 2025, as well as in the six months ended June 30, 2026, excluding one-off gains. As of June 30, 2026, the disposal group had unaudited consolidated net assets of about RMB 200,000.

Xunxun Technology expects to record a slight loss of about RMB 400,000 from the sale, subject to review by its auditor.

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SIV Technology Says Sale of Poteen New Materials Lapsed After No Bids

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SIV Technology (01202) said the extended public listing period expired without receiving any bids, causing the proposed sale of all equity interests in its subsidiary Poteen New Materials to lapse and be terminated, according to ETNet.

The company noted that the lapse is not expected to have a material adverse impact on its financial position or business operations.

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Xi Orders Accelerated Glacier Surveys After Himalayan Mudslide

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Chinese President Xi Jinping said rescue operations faced extreme difficulties after a deadly mudslide struck the Himalayas near the Nepal border, Bloomberg reported.

He directed that surveys of glaciers and glacial lakes across the Tibetan Plateau be conducted more rapidly to assess risks and guide response efforts.

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Longfor CFO Sees Liabilities Around RMB 140 Billion at Year-End

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Longfor Group executive director and chief financial officer Zhao Yi said at the interim results briefing that the company’s total liabilities are currently above RMB 140 billion and are expected to stay at a similar level at year-end, a report by Ming Pao noted.

He added that roughly 90% of the debt is bank borrowings, and the company still has room to increase borrowing if needed.

Zhao also indicated that the current financing cost is about 3.36%, lower than a year earlier, and there is potential to reduce funding costs further after ongoing optimization.

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China Congratulates Brown on Re-Election as Cook Islands Prime Minister

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The Chinese Foreign Ministry extended congratulations to Prime Minister Brown on his re-election after the Cook Islands Party, led by the incumbent prime minister, secured a parliamentary majority.

Spokesperson Lin Jian stated that China congratulates Brown on his re-election.

According to Jin10, the Cook Islands Party won a majority of seats in the Cook Islands parliamentary election.

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