U.S. stock market midday update: Santech up 296.95%

U.S. Stock Market Midday Update

Santech rose 296.95%, reaching a new 60-day high. According to recent key news:

1. On September 9, Santech Holdings' stock price soared 374.24%, with a trading volume of 38 million shares, compared to an average daily trading volume of about 29,000 shares over the past three months, indicating strong market interest and trading activity in the stock.

2. On September 9, interest in Chinese holding stocks surged, making Santech Holdings one of the focal points for investors, driving a significant increase in its stock price.

3. On September 9, despite poor performance in 2025, Santech Holdings regained attention among investors, leading to significant stock price fluctuations. Market interest in Chinese holding stocks surged.

Stocks with High Trading Volume in the Industry

CaliberCos rose 1538.10%, with a trading volume of $2.54 billion. According to recent key news:

1. On September 9, Caliber CWD announced the completion of its first Chainlink (LINK) token purchase as part of its system testing transactions. This news boosted market confidence in the company's digital asset management capabilities, leading to a significant increase in its stock price. Source: GLOBE NEWSWIRE. The U.S. stock market shows increased interest in digital asset management.

Galaxy Digital rose 3.76%, with a trading volume of $31.52 million. Based on recent important news:

1. On September 8, Galaxy Digital partnered with Jump Crypto and Multicoin Capital to support Solana's $165 million financing plan, driving up its stock price. This move aims to establish a digital asset fund management strategy for Solana, attracting investor attention. Data source: Invezz.

2. On September 9, Galaxy Digital transferred 10,319 ETH to Bitmine, valued at approximately $44.57 million, demonstrating its active participation in the cryptocurrency space and further boosting market confidence. Data source: Onchain Lens.

3. On September 8, Galaxy Digital signed an agreement with Empery Digital to provide up to $75 million in funding support, enhancing its financial strength and promoting stock price increases. Data source: Jinse Finance. The cryptocurrency market carries high volatility risks and requires caution.

Blackstone Group rose 0.23%, with increased trading volume. Based on recent important news:

1. On September 9, Blackstone Group acquired a landmark property at Trocadéro Square in Paris for approximately €700 million, showcasing its confidence in the European office market and driving up its stock price. Data source: Viewpoint

2. On September 9, Blackstone Group and Permira announced the acquisition of a minority stake in Property Finder, with an investment amount of $525 million, further consolidating its position in the real estate market. Data source: Reuters.

3. On September 8, Blackstone Group reached an agreement to acquire the UK industrial real estate Warehouse REIT Plc, continuing its heavy investment in the UK warehousing real estate sector, supporting stock price increases. Data source: Dolphin Research. Industry trends are positive, and macro dynamics are stable.

Stocks ranked at the top of the industry by market capitalization

BlackRock fell 0.20%, with a market capitalization of $170.8 billion. According to recent important news:

1. On September 9, BlackRock's shareholding in China Life Insurance decreased from 6.24% to 5.97%, which may affect market confidence in its investment strategy, leading to stock price fluctuations. Data source: Hong Kong Stock Exchange.

2. On September 9, BlackRock deposited 44,774 ETH and 900 BTC into Coinbase Prime, with a total value of approximately $297 million, indicating its active participation in the cryptocurrency market, which may attract market attention. Data source: OnchainLens.

3. On September 9, BlackRock opened an office in Kuwait, expanding its business footprint in the Gulf region, demonstrating the continued advancement of its global expansion strategy. Data source: Viewpoint. Global market volatility, investors remain cautious