Meme, token issuance, project, a son from a former US president's family, decadent to abstract, Golden Finance, the standard portrait of a spoiled brat.

According to CNBC, the Singapore CEO of Malayan Banking Bhd said Asia's ultra-rich are increasingly willing to move into new asset classes, with gold shifting from Dubai to Singapore and wealthy Chinese showing more interest in Malaysia. Alvin Lee said ultra-high-net-worth individuals are looking at financial instruments, real estate and precious metals, and added that younger wealthy investors are increasingly open to digital assets and cryptocurrencies. He said Singapore remains attractive to offshore wealth and that money leaving Singapore for Dubai is returning amid the Middle East conflict, while physical gold is being shipped from Dubai to Singapore in historically large quantities. Lee also said Chinese buyers are becoming more open to Malaysia because valuations look more attractive than Singapore, and noted that Kuala Lumpur, Malacca and Penang are benefiting from that demand.

According to Jin10, Hong Kong semiconductor equipment stocks jumped sharply at the open, with Lightelligence-P (01879.HK) rising more than 18%, ASMPT (00522.HK) gaining nearly 7%, SICC (03631.HK) climbing more than 3%, and Tianyu Semiconductor (02658.HK) advancing along with them.

Four Hong Kong-listed companies recorded trading anomalies at 9:39 AM, according to ETNet. Kangshifu Holdings (00322) fell 3.06% to HK$12.04 and has declined for two straight sessions, while Hualian International (00969) jumped 113.24% to HK$0.145, hitting a one-month high and rising for a second day. Hua Hong Semiconductor (01347) gained 3.24% to HK$114.60, and Jitai Technology-P (07666) rose 9.62% to HK$19.26, also reaching a one-month high and extending its winning streak to six sessions.

BYD shares fell 2.3% to HK$81.9, with about 5.37 million shares traded, after Bloomberg reported the automaker plans to export more than 2.5 million vehicles in 2027. According to ETNet, a Deutsche Bank report based on an investor briefing on Monday said BYD also raised its 2026 overseas sales target to 1.9 million to 2 million vehicles from 1.5 million. BYD exported only about 45,000 vehicles in 2022. The company is expanding in Europe, Latin America, Southeast Asia and Australia, and its August sales rose 18% year on year while exports more than doubled to 43% of total deliveries.

OpenAI Chief Financial Officer Sarah Friar said the company is accelerating efforts to expand AI into chip design, life sciences and financial services, while testing pricing based on business outcomes rather than usage. According to Odaily, OpenAI's enterprise revenue rose 32% from June to July, while the company's overall annualized revenue increased about 20% over the same period. Friar said enterprise and consumer revenue each accounted for roughly half of OpenAI's business by midyear. She also said OpenAI cut the price of its low-cost Luna model by 80% recently, after which usage increased about 10 times. In cloud deployment scenarios, Friar said Luna costs less than Z.ai's GLM 5.3. OpenAI's Codex coding tool has reached 25 million users, and the company used its own AI models to help develop the Jalapeno chip, completing chip design tape-out in nine months.

Australian shipbuilder Austal Ltd. has received a second bid for its US assets, with the latest offer valuing them at as much as $1.35 billion, according to Bloomberg. The proposal tops last month’s offer from a South Korean defense firm.

According to the Korea Herald, HKET and UDN Money, Asian equities opened mostly higher on Wednesday as chip strength offset lingering Middle East tensions and rising oil prices, though Hong Kong turned lower shortly after the bell. Tokyo's Nikkei 225 rebounded after Tuesday's 1.7% slide, trading at 65,682.52, up 0.63% or 413.19 points, as of 01:39 UTC, recovering some of the losses driven by a firmer yen and geopolitical risk. Seoul's KOSPI led the region, opening 0.26% higher and extending gains to 7,019.5, up 0.93% or 65.98 points, as of 9:15 a.m. local time, on strength in chipmakers. Samsung Electronics rose 0.37% and SK hynix gained 1.78%, while Hanwha Aerospace advanced 2.43%. Hanwha Ocean climbed 4.18% after the shipbuilder said it was named preferred bidder for a Royal Thai Navy frigate project worth about $500 million. The KOSPI stood at 7,039.33, up 1.22%, as of 01:39 UTC. Hong Kong stocks opened marginally higher, with the Hang Seng Index up 10 points at 25,328 and the Hang Seng Tech Index near flat at 4,459, as Lenovo rebounded about 2% and HSBC added close to 1%. The market quickly reversed, dropping below 25,200, with Haidilao off more than 4% and later falling about 10% to a low near HK$10. The Hang Seng was at 25,207.50, down 0.43%, as of 01:39 UTC. Taiwan's TAIEX opened up 36.96 points at 47,142.74 and climbed more than 300 points intraday, led by TSMC, with the Philadelphia Semiconductor Index's 1.3% overnight gain lending support; financials lagged. The index stood at 47,395.63, up 0.62%, as of 01:39 UTC. In mainland China, the four main indexes opened higher, with the Shanghai Composite up 0.09%, the Shenzhen Component up 0.63%, the ChiNext up 1.15% and the STAR Composite up 0.73%. Optical-communication, semiconductor and oil-and-gas shares strengthened, while more than 2,800 stocks declined.

Pons' path to becoming a leader is full of chance; the success rate for normal investors is less than 13%, which is worse than a casino. Speculation relies on luck, while investment relies on clear vision. The philosophy of waiting is the right way.

DeepSeek, Artificial Intelligence, AI Agent, LLM, Token, DeepSeek V4.1 Flash Beta Test Begins: New Architecture, Native Multimodal (Jinse Finance, expires September 10th).

With a market capitalization lower than Bitcoin and higher price volatility, Zcash options have become a highly attractive risk management tool; it may also be an attractive path for investors looking to earn premium income.

The market is awaiting the Treasury Department's announcement of the size of a new round of long-term Treasury bond buybacks. Bessant stated that this move is intended to quell the bond market's "frenzy," not quantitative easing (QE). He also issued a strong challenge to yen short sellers: "I am the market maker now. If you want to go against me, go ahead."

Jinse Finance launches its cryptocurrency and blockchain industry daily news report, "Jinse 8 AM," issue 3176, providing you with the latest and fastest news on the digital currency and blockchain industry.

When political stances, private scandals, and even family feuds can be turned into a token, what will be the next thing to be financialized?

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

South Korea, Artificial Intelligence, South Korea is gambling its national destiny again. Golden Finance: South Korea has fired the first shot in the global "AI public utility" revolution.

Microsoft, Artificial Intelligence, One Person Burns Through $190,000 a Month; Silicon Valley Begins to Investigate Employee AI Bills. Golden Finance: "Some rush to the examination hall under the starry night, some resign and return to their hometowns."