US Stock Market Move | Cryptocurrency-related stocks saw a broad rise, with Strategy (MSTR.US) increasing by over 10%.
U.S. stocks related to cryptocurrency surged at the beginning of trading.
On Thursday, U.S. stocks related to cryptocurrency surged in early trading. As of writing, Robinhood (HOOD.US) soared over 14%, Circle (CRCL.US) rose over 13%, Strategy (MSTR.US) gained over 10%, and Coinbase (COIN.US) increased by over 8%. Bitcoin's intraday gains expanded, now nearing $80,000. On the news front, Federal Reserve Governor Waller has signaled a dovish policy stance. He stated that despite U.S. inflation remaining significantly above the Fed's 2% target, recent data indicates that the process of disinflation is re-emerging. If data released in the next two weeks confirms that this trend continues, he is inclined to support the Fed maintaining interest rates at the September meeting.
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HK Stock Market Move | Huaxin Building Materials Group (06655) rose more than 7% in early trading as overseas capacity expansion reshapes its profit structure. The company is transitioning to a global building materials platform.
A-shares midday | Three major indices surged and then retreated, closing higher collectively, led by AI applications and digital currency.

HK Stock Market Move | SIHUAN PHARM (00460) rose nearly 4% in the morning as Xuan Bamboo Biotechnology reached a commercial cooperation agreement with INNOBIC for the marketing of Pirfenidone in the Thai market.
.png)
HK Stock Market Move | Huaxin Building Materials Group (06655) rose more than 7% in early trading as overseas capacity expansion reshapes its profit structure. The company is transitioning to a global building materials platform.

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