Friday, August 28, 2026 — GIFT Nifty signals a big gap-up open; SCMP reports Chinese executives may join Xi’s US trip with trade truce extension ‘almost certain’; SK Hynix breaks ground on US HBM prod

SCMP: Chinese executives may join Xi’s US trip and trade truce extension is ‘almost certain.’ That’s the tariff overhang easing — watch China/HK names for continuation. South Korea, US, Japan go ahead with Freedom Edge drills early Sept despite Trump’s outreach to Pyongyang. Seoul says it will back US-North Korea talks but guard against being sidelined. Good signal for defense posture, bad for North Korea risk premium. SK Hynix holds groundbreaking ceremony for HBM production base in US. That’s real capacity coming to America, not just promises. HBM stays the AI bottleneck trade. ESDS Software raises Rs 216 crore from anchor investors ahead of IPO; Quant MF among top buyers. Anchor demand is solid; watch listing pop. Bitcoin’s ‘Uptober’ test after August rebound — the issue is whether this is a lasting rally or just positioning. Need volume confirmation. UK airports cyber attack hit Manchester, Stansted, East Midlands customer data; passenger safety unaffected. Bad signal for cybe

SCMP: Chinese executives may join Xi’s US trip and trade truce extension is ‘almost certain.’ That’s the tariff overhang easing — watch China/HK names for continuation.