Cambridge Technology (06166) rose 8.7% to HK$130.6 on turnover of about 4.15 million shares worth HK$522 million after an investor relations event on September 4, according to ETNet. Chairman Huang Gang said the company's 800G pluggable modules have passed certification with multiple major customers and are now shipping in volume. He said 1.6T products are expected to enter mass production in the second half of this year, while 3.2T products are progressing as planned. Huang also said the current 800G selling price ranges from $300 to $380, with an average of about $350, and that the annual price decline is not expected to be large.

The yuan's midpoint against the U.S. dollar was set at 6.7804 on Friday, down 9 pips from the previous trading day and falling for a second straight session. The onshore yuan opened 1 pip higher at 6.7105, compared with the previous close of 6.7106, according to ETNet. China Merchants Bank's financial markets team said easing external dollar pressure, together with still-supportive export and settlement demand at home, should help the yuan continue to move in a steady-to-firmer direction. CICC said recent dollar moves have turned more volatile and the pace of midpoint appreciation has slowed, but if the dollar weakens more sharply, the yuan's appreciation momentum could strengthen and the midpoint may rise faster to ease appreciation pressure. It added that if the dollar remains range-bound in the near term, the yuan is likely to stay mildly firm.

LayerZero said South Korean digital asset custodian BDACS has selected its OFT standard for the Korean won stablecoin KRW1, with Stargate handling execution. According to Foresight News, BDACS Chief Executive Harry Ryoo said the value of a Korean won stablecoin lies in its global scalability. Ryoo said KRW1 uses OFT technology to enable more flexible use across multiple blockchains. He added that BDACS will continue expanding KRW1's use cases.

According to Jin10, Japan's Finance Minister Satsuki Katayama said she will continue working to maintain orderly foreign exchange market operations.

The "outsourcing trap" of the FDE model and the flywheel impasse: a life-or-death race for asset accumulation.

According to the Korea Herald, the Hong Kong Economic Times and Google Finance, Tokyo stocks opened weaker after Japan's second-quarter GDP was revised to an annualized 1.4%, below expectations, even as July real wages rose 2.4%, the biggest gain since 2021, and the yen held near a seven-month high around 154 per dollar on firmer Bank of Japan rate-hike bets. The Nikkei 225 later pared its early decline to trade at 66,517.33, up 0.18% or 117.49 points, as of 01:39 UTC. Advantest added 1.42% and Tokyo Electron rose 0.68%, while Sony fell 2.04%. Seoul's KOSPI opened higher, led by semiconductors after the index climbed more than 4% in the previous session on renewed AI earnings optimism. The benchmark was up 54.51 points, or 0.78%, at 7,049.90 as of 9:15 a.m. local time, with Samsung Electronics up 1.11% and SK hynix gaining 2.97%. Korea Electric Power advanced 3.82% and SK Innovation added 1.6%, while Hyundai Motor eased 0.76% and LG Energy Solution declined 1.24%. The won was quoted at 1,338.55 per dollar. Hong Kong stocks opened lower, with the Hang Seng Index down 161 points at 25,252 and the Hang Seng Tech Index off 0.6% at 4,502 at the open; it stood at 25,259.98, down 0.60%, as of 01:39 UTC. Xiaomi eased about 0.9% following its product launch and Lenovo fell more than 1%, while the leveraged Southbound SK Hynix product XL2 rose more than 7%. Alibaba slipped 0.55%, Meituan fell 0.81% and Xiaomi was down 0.87%. Taiwan's TAIEX opened firmer before turning mixed, trading at 47,331.74, up 0.01% or 5.47 points, as of 01:39 UTC. TSMC rose 0.81% to NT$2,480, while Hon Hai fell 1.95%. In mainland China, the Shanghai Composite opened higher at 3,945.48, up 0.33% or 12.78 points, with the CSI 300 up 0.17% at 4,582.84 and the ChiNext Index little changed at 3,399.44, all as of 01:41 UTC.

According to Jin10, Japan's Finance Minister Satsuki Katayama said she will not comment on specific foreign exchange levels.

According to Jin10, Japan's Finance Minister Satsuki Katayama said the foreign exchange policy stance has not changed since the joint Japan-U.S. intervention.

According to Jin10, Japan's Finance Minister Satsuki Katayama said she will closely communicate with the United States to ensure orderly foreign exchange market operations.

BlockBeats reported on September 8 that Abraxas Capital bought another 13,000 ETH in the spot market. According to BlockBeats On-chain Detection, the purchase was made to hedge its short position of 141,180 ETH on Hyperliquid. The short position was valued at about $353 million.

The People's Bank of China conducted RMB 1 billion of seven-day reverse repo operations at an unchanged rate of 1.4% today, according to ETNet. With RMB 5 billion of reverse repos maturing today, the central bank recorded a net drain of RMB 4 billion from the open market.

A cross-analysis from the OpenAI sandbox breakthrough to stablecoin legislation and bank tokenized deposits.

UBS currently expects the Federal Reserve to raise interest rates twice this year, and the macroeconomic headwinds facing Bitcoin will continue until December.

The probability of a Federal Reserve rate hike in September has risen to approximately 60%. UBS released an investment strategy, advising investors to take advantage of market volatility to buy stocks on dips, capitalize on opportunities arising from rising medium- to long-term bond yields, and establish hedging positions when gold prices pull back.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 3175, providing you with the latest and fastest news on the digital currency and blockchain industry.

While AMC and Robinhood are still locked in a war of words, Solana has already replicated this "crypto-stock pairing" strategy.

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.

Cryptocurrency-equity trading has begun to have a significant impact on the prices of US stocks in the real market, and this impact means that the traditional forces that hold pricing power in the secondary market are beginning to be eroded and weakened.

Robinhood, Robinhood's collection of useful tools: one-stop solution for trading, monitoring, and analysis. Golden Finance: How to effectively utilize these tools to find the next on-chain alpha?

The three Meme coins, priced as tokenized stocks, illustrate who truly controls a short squeeze.