2026-10-12 Market Morning Brief | Energy Ceasefire Still Unconfirmed, Wallet Security Under Continued Review
Coverage: 00:00 on October 11 to 07:00 on October 12, Beijing time. Asian markets have yet to open on Monday. For the three markets, securities prices use the latest closing prices from October 9 local time; crypto prices are based on snapshots taken this morning.
【Top Stories】
1. Reports of an Russia-Ukraine energy ceasefire remain unverified. Trump said both sides had agreed to pause strikes on energy facilities. Axios later cited a White House official saying the parties had discussed a potential arrangement to first halt attacks on oil refineries, and that Russia was still considering it. Zelenskyy said Ukraine would agree if Russia did, and called for a clear start time. The scope and implementation of any ceasefire still need further confirmation.
2. Ledger released a 72-hour investigation update. The company said all confirmed cases linked to the October 9 crypto theft involved devices sold by CryptoBilis. The number of affected devices was limited, and its systems and direct sales channels were unaffected. Ledger also told authorized resellers to source products only through authorized channels and not to put returned products back on sale. The investigation is ongoing, and more evidence is needed to determine whether affected devices were sold through other channels.
3. RippleX responded to a historical vulnerability and outlined further security measures. Its head of engineering said the company would strengthen its bug bounty program, AI-assisted vulnerability discovery, adversarial testing, and formal verification of critical modules. According to the official disclosure, a payment-engine vulnerability that could have led to excess XRP issuance was fixed in version 3.4.1 on September 25 and publicly reported on October 9. No evidence has been found that it was exploited on the public network.
【Hong Kong Stocks】
On October 9, the Hang Seng Index closed at 24,211, up 425 points, or about 1.8%; the Hang Seng Tech Index closed at 4,197, up more than 3%. Main Board turnover was about HK$209.2 billion, while Xiaomi gained nearly 10%. Both indices rose about 1% last week, ending their previous losing streaks. Watch after today's open to see whether the rebound continues.
【Equity Markets】
A-shares on October 9: the Shanghai Composite closed at 3,813, up 1 point; the Shenzhen Component at 12,641, up about 0.2%; and the ChiNext Index at 3,043, up more than 0.2%. Markets rebounded that day, but all three major indices still fell for the week.
U.S. stocks on October 9 local time (at the October 10 close, Beijing time): the Dow closed at 51,654, up 0.8%; the S&P 500 at 7,811, up nearly 0.6%; and the Nasdaq at 27,366, up 0.6%. According to the trading calendar, U.S. markets will trade as usual tonight; SIFMA recommended that related U.S. dollar fixed-income markets close. The schedules differ.
【Popular Tokens】
Binance spot prices sampled at 07:00:17 Beijing time, in USDT; changes are rolling 24-hour figures:
$BTC 83652.98 (+0.66%)
$ETH 2534.21 (+0.96%)
$NEAR 5.816 (+9.34%)
ZEC 1259.44 (+3.00%)
SOL 111.09 (+0.54%)
All tokens in this round of actively traded samples rose, with NEAR posting the largest gain.
Coverage: 00:00 on October 11 to 07:00 on October 12, Beijing time. Asian markets have yet to open on Monday. For the three markets, securities prices use the latest closing prices from October 9 local time; crypto prices are based on snapshots taken this morning.
【Top Stories】
1. Reports of an Russia-Ukraine energy ceasefire remain unverified. Trump said both sides had agreed to pause strikes on energy facilities. Axios later cited a White House official saying the parties had discussed a potential arrangement to first halt attacks on oil refineries, and that Russia was still considering it. Zelenskyy said Ukraine would agree if Russia did, and called for a clear start time. The scope and implementation of any ceasefire still need further confirmation.
2. Ledger released a 72-hour investigation update. The company said all confirmed cases linked to the October 9 crypto theft involved devices sold by CryptoBilis. The number of affected devices was limited, and its systems and direct sales channels were unaffected. Ledger also told authorized resellers to source products only through authorized channels and not to put returned products back on sale. The investigation is ongoing, and more evidence is needed to determine whether affected devices were sold through other channels.
3. RippleX responded to a historical vulnerability and outlined further security measures. Its head of engineering said the company would strengthen its bug bounty program, AI-assisted vulnerability discovery, adversarial testing, and formal verification of critical modules. According to the official disclosure, a payment-engine vulnerability that could have led to excess XRP issuance was fixed in version 3.4.1 on September 25 and publicly reported on October 9. No evidence has been found that it was exploited on the public network.
【Hong Kong Stocks】
On October 9, the Hang Seng Index closed at 24,211, up 425 points, or about 1.8%; the Hang Seng Tech Index closed at 4,197, up more than 3%. Main Board turnover was about HK$209.2 billion, while Xiaomi gained nearly 10%. Both indices rose about 1% last week, ending their previous losing streaks. Watch after today's open to see whether the rebound continues.
【Equity Markets】
A-shares on October 9: the Shanghai Composite closed at 3,813, up 1 point; the Shenzhen Component at 12,641, up about 0.2%; and the ChiNext Index at 3,043, up more than 0.2%. Markets rebounded that day, but all three major indices still fell for the week.
U.S. stocks on October 9 local time (at the October 10 close, Beijing time): the Dow closed at 51,654, up 0.8%; the S&P 500 at 7,811, up nearly 0.6%; and the Nasdaq at 27,366, up 0.6%. According to the trading calendar, U.S. markets will trade as usual tonight; SIFMA recommended that related U.S. dollar fixed-income markets close. The schedules differ.
【Popular Tokens】
Binance spot prices sampled at 07:00:17 Beijing time, in USDT; changes are rolling 24-hour figures:
$BTC 83652.98 (+0.66%)
$ETH 2534.21 (+0.96%)
$NEAR 5.816 (+9.34%)
ZEC 1259.44 (+3.00%)
SOL 111.09 (+0.54%)
All tokens in this round of actively traded samples rose, with NEAR posting the largest gain.