📡 Hourly Briefing | 09:00–10:00

1. The China Securities Regulatory Commission held a symposium in Beijing over the weekend, inviting executives from listed companies and experts from securities firms and fund companies to discuss issues related to the capital market. The meeting sent the latest signal of support for the A-share market, aiming to stabilize investor confidence.

2. Data show that China’s gold imports had exceeded 1,000 metric tons by August. Buyers included central banks, financial institutions, gold ETFs, investors, and the jewelry sector. This scale of imports comes as China continues to reduce its exposure to U.S. dollar assets.

3. Mosi Intelligence announced that it had raised over RMB 1 billion in a Pre-Series A round led by Huakong Fund, with participation from CDB Capital, Shanghai Science and Technology Innovation Fund, New Vision Capital, Xuhui Capital, Zhuiguang Hard Technology Venture Capital, and Lingang Chiyuan Fund, among others. The funds will support R&D and capability building for full-modality, real-time interactive intelligence, as well as its global commercialization.

4. CK Hutchison Holdings, controlled by Li Ka-shing, announced that it would invest an additional approximately RMB 31.4 billion in Canadian oil sands assets, further expanding its presence in North America’s energy sector.

5. Bankless hosts Ryan Sean Adams and David Hoffman said that Bitcoin and Ethereum had weakened since October, while rising U.S. Treasury yields and oil prices were putting pressure on both crypto and traditional financial markets. Bitcoin fell about 3% over the week to $82,300, while Ethereum dropped about 6% to $2,500.

6. Starknet’s STRK token has gained a cumulative 322% over the past four weeks, outperforming Bitcoin and Ethereum over the same period. Market discussion continues to focus on the possibility that Starknet may shift away from its Ethereum scaling roadmap.

7. The International Monetary Fund warned that AI-driven cyberattacks pose a new threat to critical parts of the financial system, saying that financial institutions need to reassess their cybersecurity capabilities.

8. The banking sector rallied again during intraday trading, with Bank of China and China CITIC Bank rising more than 2% to hit fresh all-time highs. Twenty-one A-share banks have disclosed their 2026 interim dividend plans, proposing total payouts of over RMB 260 billion. The six largest state-owned banks have all raised their cash dividend payout ratios from 30% to 31%, proposing total payouts of over RMB 220 billion.