Huali Group, the Nike and Adidas shoe manufacturer listed in Shenzhen, reported first-half net profit of 953 million yuan, down 42.98% year on year, as revenue fell 13.71% to 10.925 billion yuan and shoe shipments dropped 8.99% to 104 million pairs, according to Jiemian News. Gross margin fell to 17.73% in the first half from 21.89% in 2025, marking a post-listing low. The company said weaker consumer demand, cautious brand orders, new factory ramp-up costs and tariff-related concessions weighed on profitability. Jiemian News reported that capacity utilization fell to 90.3% in the first half from 91.6% in 2025 and 96.72% in 2024, while the debt ratio rose to 34.38% at the end of June from 22.27% in 2023. North America generated 8.084 billion yuan of revenue, or 74% of total sales, and the top five customers contributed 18.1 billion yuan in 2025, equal to 72.55% of revenue. The article also said controlling shareholder Hong Kong Junyao cut its stake to 81.85% from 84.85% starting in the second quarter of 2025.

Sunny Optical Technology (02382) fell as much as 3% to HK$67.45, slipping below its 10-day moving average of HK$68.57, and was last down 2.9% at HK$67.55, according to ETNet. The stock traded 3.0162 million shares worth HK$206 million. Net active selling totaled HK$16.07 million, while the share has now fallen for five straight sessions, bringing the cumulative decline to 6.1%. Hong Kong's Hang Seng Index was down 0.4% and the Hang Seng Tech Index fell 1.2%.

Jetai Technology-P (07666) rose 10% to HK$16.95, extending its winning streak to five sessions and lifting the stock 39.7% over that span, according to ETNet. The shares traded as high as HK$17.15, the highest since June, on turnover of about 8.38 million shares worth HK$138 million. The stock was added to the Hang Seng Composite Index constituents and included in Stock Connect on July 7, with both changes taking effect the same day. Since the Stock Connect inclusion, the shares have climbed for two straight sessions and gained 22.65%.

Daiwa upgraded Sinotruk (03808) to Buy from Outperform and lifted its target price to HK$49.2 from HK$29.4, citing strong overseas demand and expectations that the company can keep gaining market share from 2026 to 2028. The broker also raised its 2026 to 2027 revenue forecasts by 17% to 20%. It said management guided for domestic heavy-duty truck sales of 800,000 to 850,000 units this year and overseas sales of more than 400,000 units, while next year domestic sales are expected to be flat and overseas demand to keep growing steadily, according to ETNet.

South Korean mobile game developer Netmarble reported that its USDT holdings rose from about 3.17 million at the end of March to about 22.33 million at the end of June, a net increase of about 19.16 million in the second quarter. According to Foresight News, the company said it acquired about 62.16 million USDT in the first half of the year and reduced holdings by about 41.63 million through disposals and other decreases. Netmarble said USDT is used to support the value of Marblex on-chain MBX and game tokens, encourage users to use its game services, and cover operating expenses. Related gains and losses are recorded as gains and losses from disposal of intangible assets.

Moore Threads opened lower on September 8 and quickly dropped more than 10% intraday, hitting a new low of 371.17 yuan. According to ChainCatcher, the stock was down more than 8% at 380.76 yuan, with a market value of 179 billion yuan. The company fell by the daily limit on the previous day, and its market value slipped below 200 billion yuan. On September 7, 25.7745 million IPO placement shares became unlocked. When asked about the reason for the decline, a company staff member said the day marked a large lockup expiration for placement shares and urged investors to view the move rationally, adding that the company’s fundamentals remained normal.

Binance Futures will adjust the funding interval of several USDⓈ-Margined TradFi Perpetual Contracts from every eight hours to every four hours, effective 2026-09-10 08:15 (UTC), according to a Binance [announcement](https://www.binance.com/en/support/announcement/detail/aff73212559d4951945600e973240c52). The funding cap and floor for the affected contracts will be adjusted to ±1.00%. The affected contracts are MEITUANUSDT, KUAISHOUUSDT, GIGADEVUSDT, POPMARTUSDT, TENCENTUSDT, HK1810USDT, HK0700USDT, ZHIPUUSDT and MINIMAXUSDT. The maximum funding rate stands at +2.00%/-2.00% as of 2026-09-10 08:00 (UTC) and moves to +1.00%/-1.00% from 12:00 (UTC) onward. These contracts are exempted from the 8.1 funding interval adjustment rule, so the interval will not shift from every four hours to every one hour when a prior funding settlement reaches the cap or floor; Binance said it will issue a separate announcement if it decides to adjust the interval. It added that it may adjust contract specifications — including funding fee, tick size, maximum leverage, and initial and maintenance margin requirements — from time to time based on market risk conditions, and that the English version prevails over any translations or Futures FAQ in case of discrepancy.

China’s crude oil imports strengthened in August as cargoes from the Persian Gulf edged higher and refiners bought more from other sources, according to Bloomberg.

Binance has launched Phase 2 of its bStocks Recurring Transactions Campaign, letting eligible users automate scheduled purchases of supported bStocks through Binance Convert Recurring, according to a Binance [announcement](https://www.binance.com/en/support/announcement/detail/97815f4bc53646eb8e96d9b343ced9e1). Users can set a preferred schedule, start from as little as 0.01 USDC equivalent, gain fractional exposure to supported US shares via tokenized securities, and trade 24/7 subject to product and market availability. bStocks are offered through an Approved Prospectus in the ADGM and are not offered in any other jurisdiction, and the products and services may not be available in all regions. Eligible users who set up and complete recurring bStock purchases during the promotion may share a total prize pool of 50 SPCXB in token vouchers, capped at 0.025 SPCXB per user. The promotion runs from 2026-09-08 00:00 (UTC) to 2026-10-05 23:59 (UTC). To take part, the first 2,000 eligible users must register via the promotion landing page, complete at least 150 USDC equivalent in cumulative bStock transactions through newly created Convert Recurring plans, and keep their plan active throughout the period. Only Convert trades completed in Recurring mode count, and conversions executed before a user registers do not qualify. Volume may be accumulated across multiple newly created bStock plans, and if users share the same qualifying transaction time, those with higher total eligible converted volume rank higher. Participants must keep their Convert Recurring Plan active for the full promotion period; pausing or cancelling a plan at any point means that plan's trade amount no longer counts toward reward calculation.

A British man named Chris has recovered 61 bitcoin after a 12-year legal dispute following the shutdown of the UK crypto exchange Intersango in 2014. According to ChainCatcher, Chris bought the bitcoin in 2011 and left the assets in exchange custody instead of moving them to a self-custody wallet. Intersango was formerly known as Britcoin and was one of the first exchanges in the UK to offer bitcoin trading against the pound. CEL Solicitors’ director of financial litigation Ryan Sweetnam helped recover the assets, and the firm spent four months submitting the required documents to a U.S. court before the return was completed through negotiation. Chris said he now opens the wallet holding his bitcoin about 20 times a day.

Why did Biden's son launch Meme Coin? What's the scheming behind it? Golden Finance: This is a meticulously planned move, not a spur-of-the-moment decision.

In the current mainstream narrative, it seems difficult to find a closed loop that allows SOL to directly increase in value.

Hunter Biden, son of Joe Biden, announced the launch of his meme coin, LAPTOP, scheduled to go live on Coinbase’s Layer 2 network Base on September 9.

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

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.