Hong Kong stocks closed: MINIMAX gained 16.7%, Zhipu rose 8.3%

According to official announcements, the dYdX Treasury SubDAO has increased its delegated staking to 100.76 million DYDX tokens, including repurchased tokens in delegation for the first time. The SubDAO released the results of its seventh periodic staking plan review, noting that 25 transactions were approved in this round to adjust the delegation configuration of 25,873,915 DYDX. For the first time, 10,719,308 DYDX purchased via the repurchase program were added to the delegation, lifting the Treasury SubDAO’s total delegated staking from 90,041,355 DYDX to 100,760,663 DYDX. The adjustment also covers reallocation of existing delegations. Earlier, as the active validator set shrank from 31 to 21 on September 17, around 8.34 million DYDX were delegated to validators outside the active set, rendering them ineligible for rewards. The Treasury SubDAO consequently reallocated the relevant staked assets and raised its focus on validators’ governance participation: validators that have not participated in or abstained from governance votes recently will receive less new delegation.

Data from prediction market platform Predict.fun shows that the 2026 League of Legends World Championship group stage match between Gen.G and IG will kick off at 01:00 Beijing Time on October 24. The match follows a BO1 format, with the current market assigning a 78% win probability to Gen.G and 22% to IG. Note: Prediction market probabilities may fluctuate in real time based on market transactions; please refer to the latest figures on the platform.

China Securities Regulatory Commission (CSRC) has approved the establishment of Citibank Securities (China) Co., Ltd. (hereinafter referred to as Citibank China). Registered in Shanghai, the firm has a registered capital of 1.2 billion yuan, with business scopes covering securities brokerage, securities investment consulting, securities underwriting and sponsorship, and proprietary securities trading. Its sole shareholder is Citigroup Global Markets Holdings Co., Ltd., which holds a 100% stake. (Source: China Securities Regulatory Commission)

Beating AI Exclusive Insight: ByteDance’s Volcano Engine Launches Seedance 2.5 4K for 4K Film & TV Production. ByteDance’s Volcano Engine has released Seedance 2.5 4K, upgrading its previous Seedance 2.5 (which supported up to 1080P) to enable 4K film and television production. Beyond the resolution boost, the new version has enhanced character micro-expressions, subtle movements, and frame details through specialized training. According to the official, when performing reference generation and video editing, the model can better retain the clarity, colors, and small text of original materials. Currently, the first batch is only available to 20 global film and television studios and directors on a targeted basis, with around 20 works participating in trials. The earliest project is scheduled to air on satellite TV in November.

According to the Monetary Authority of Singapore (MAS) page, Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) have joined the BLOOM (Borderless, Liquid, Open, Online, Multi-currency) initiative as policy-making members. The three central banks will collaborate with industry bodies in their respective jurisdictions to develop a common framework for cross-border use of digital currencies, including how different forms of digital currencies are accepted, exchanged, and settled across institutions, networks, and jurisdictions. Additionally, Airwallex, Mastercard, Maybank, Monee, Nium, Ripple, ShopeePay, Visa, and the World Bank Group have also joined BLOOM.

According to BIT (bit.com) market data, pre-market U.S. stocks in the optical communications, semiconductor, and Neocloud sectors rose broadly. All optical communications concept stocks gained, with Credo (CRDO) up 2.70%, Coherent (COHR) up 2.56%, Applied Optoelectronics (AAOI) up 2.54%, Astera Labs (ALAB) up 2.11%, and Lumentum (LITE) up 2.05%. Semiconductor stocks also strengthened in tandem: Intel (INTC) rose 2.12%, Applied Materials (AMAT) up 1.58%, Lam Research (LRCX) up 1.56%, Arm (ARM) up 1.48%, AMD up 1.43%, and NVIDIA (NVDA) up 0.70%. Most Neocloud stocks advanced: Hut 8 (HUT) gained 2.39%, CoreWeave (CRWV) up 2.16%, Nebius (NBIS) up 1.28%, and Galaxy Digital (GLXY) up 1.05%. Storage stocks showed mixed performance: SK Hynix (SKHY) rose 5.13%, SanDisk (SNDK) up 2.32%, Micron Technology (MU) up 1.63%; while Western Digital (WDC) fell 4.01% and Seagate Technology (STX) dropped 0.64%.