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"924 Market" Launches One Year Anniversary: Nearly 1500 Stocks Have Doubled, "Deposit Migration" Becomes Key Driving Force

The "924 market" celebrates its one-year anniversary, with a significant rise in trading volume, financing balance, and the number of stock ETFs in the A-share market. Nearly 1500 individual stocks have doubled. Institutions believe that "deposit migration" is the key driving force for the future market, and the current ratio of residents' deposits to the total market capitalization of A-shares still has room for decline.
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Base chain activity is warming up: the frequency of new Meme transactions has surged, while established tokens like ZORA and AERO are more stable.

According to BlockBeats, due to rumors of Rainbow's acquisition of Clanker, the Base chain topic has warmed up, and trading has become active. Protocols such as ZORA, AERO, and VIRTUAL maintain high trading volume. Investors should approach newly issued Meme coins with caution, as their prices are subject to significant fluctuation and high risk.
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ZORA5.86%
AERO3.88%
VIRTUAL0.12%
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Fenghuo Communication: Plans to repurchase company shares for 75 million to 150 million yuan.

Jin10 data, September 23 - Fenghuo Communication announced that the company plans to repurchase its shares at a price between 75 million and 150 million yuan, with the repurchase price not exceeding 40.53 yuan/share. The funds for this repurchase will come from its own funds or self-raised funds, with an estimated repurchase quantity of 1.8505 million to 3.701 million shares, accounting for 0.146% to 0.291% of the company's total share capital. The repurchased shares will be entirely used for cancellation and reduction of the company's registered capital. The repurchase period is not to exceed 6 months from the date of approval by the shareholders' meeting.
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Macau issued the No. 8 typhoon signal.

Jin10 reported on September 23 that at 5 PM, Macau issued a Typhoon Signal No. 8, and there is a high possibility of issuing Typhoon Signal No. 9 in the early hours of the 24th, with a relatively high chance of issuing Typhoon Signal No. 10 on the morning of the 24th.
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Businesses and trade activities are preparing in advance as the OECD raises its global economic rise forecast for this year.

Jin10 data reported on September 23 that the OECD raised its forecast for global economic growth in 2025 from the June estimate of 2.9% to 3.2%, citing that business and trade activities were preparing ahead of the U.S. tariff increases. Japan's economy is expected to grow by 1.1% in 2025, an upward revision of 0.4 percentage points from previous forecasts, mainly benefiting from strong corporate profits and robust investments. However, with the agreement on tariffs between Japan and the U.S., the growth rate is expected to slow to 0.5% in 2026. Nevertheless, the OECD also warned in its latest economic outlook that the global economy still faces risks, "Once the effect of early preparation fades, higher tariff levels and still high policy uncertainty will suppress investment and trade." The organization maintains its global growth forecast for 2026 at 2.9%. The U.S. economy is expected to grow by 1.8% in 2025, an upward revision of 0.2 percentage points from previous estimates, but lower than 2.
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OECD: It is expected that the Fed will lower the key Intrerest Rate again in 2025, with two more reductions expected in early 2026.

Odaily News OECD: The Fed is expected to cut the key Intrerest Rate again in 2025, with two more cuts anticipated in early 2026. (Jin10)
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USDCTreasury destroyed 70 million USDC on the Ethereum blockchain about 5 minutes ago.

Golden Finance reported that according to WhaleAlert monitoring, USDCTreasury destroyed 70 million USDC on the Ethereum on-chain about 5 minutes ago.
USDC0.01%
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The Sui network's native DEX protocol Momentum has accumulated a trading volume of over $12 billion.

Odaily News Latest data shows that the native ve(3,3) DEX protocol Momentum on the Sui chain has accumulated a trading volume exceeding 12 billion USD.
SUI0.64%
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The UK's new budget in November may increase taxes, and business confidence is deteriorating again.

Jin10 data reported on September 23 that UK Chancellor of the Exchequer Reeves may impose tax increases in the new budget to be announced in November. Against this backdrop, UK companies report that both growth momentum and confidence are declining, while hiring activities show a renewed decrease. The preliminary Composite PMI from S&P fell from 53.5 in August to 51.0 in September, just above the neutral line of 50.0; the business optimism index for the next 12 months has dropped to its lowest level since June. Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, stated, "As discussions continue about the potential for further tax increases in the budget later this year, the deterioration in business expectations in September is not surprising." He added, "In the absence of a confidence improvement, strong economic growth is unlikely in the coming months, regardless of the interest rate outlook." Service providers report a significant rise in output prices due to wage pressures and suppliers passing on higher labor costs to customers.
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The total lock-up position of USDe and USDtb has reached a new high, now surpassing 16 billion USD.

Golden Finance reports that the stablecoins USDe and USDtb under Ethena have continued to reach new highs in total lock-up positions, now surpassing 16 billion USD.
USDE-0.02%
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BitMart has officially launched the new decentralized trading platform BitMart DEX.

Odaily News According to official news, BitMart has officially launched a new decentralized trading platform - BitMart DEX, providing users with an on-chain trading experience that combines high security and high liquidity. The platform overcomes traditional DEX pain points such as insufficient liquidity, excessive Slippage, and complicated operations, aggregating top liquidity sources, supporting million-level asset trading, covering Mainstream Tokens, emerging projects, and Memecoins, ensuring efficient and stable trading. Users do not need to manage mnemonic phrases or Private Keys, and can participate in decentralized trading with one click. Notably, BitMart DEX innovatively introduces the "smart money module", which filters and analyzes the real-time movements of large funds wallets on-chain, providing users with high-win-rate Address buy and sell signals and strategy references, helping investors quickly identify potential opportunities and drop information barriers. This not only enhances the precision of trading decisions but also further narrows the gap.
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Aevo Pre-Launch platform launches Monad Token MON token trading

PANews, September 23, news from Aevo official sources, the Aevo Pre-Launch platform has launched trading for Monad Token MON.
According to the data from the Aevo platform, MON is currently priced at 0.0496 USD.
MON-3.58%
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Chongde Technology: The company distributes related products of SKF rolling bearings.

Jin10 reported on September 23 that Chongde Technology stated at its earnings briefing that the company has distributed rolling bearing-related products from SKF. In terms of gas-floating bearings and precision gas-floating spindle products, the company has formed a research and development team for gas-floating bearings, completed a market demand survey for gas-floating bearings, and determined to achieve breakthrough development through the "independent research and development + international cooperation + technology introduction" model.
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