The three largest stock exchanges in the Asia-Pacific region, including Hong Kong Exchanges and Clearing, are resisting the trend of listed companies to hoard cryptocurrencies as their core business. The Hong Kong Stock Exchange in recent months has questioned plans by at least five companies to shift to a digital asset bank (DAT) strategy, citing violations of rules prohibiting holding large amounts of current assets. Exchanges in India and Australia have taken a similar stance, and no such com...
1. The market is betting that Tesla will be beaten by Waterloo. Musk's political participation superimposes the decline of core business and hits the stock price. 2. Tesla's golden driverless taxi debuts at the Texas Super Factory. 3. He Xiaopeng: Chinese new energy vehicle companies may have a 3-year elimination competition, and the final survival may be within seven. 4. He Xiaopeng, a deputy to the National People's Congress: Plans to mass-produce the split flying car "land aircraft carrier" i...
On September 26th, according to sources, OpenAI is working on a plan to restructure its core business into a for-profit company, no longer controlled by its non-profit board. The non-profit company will continue to exist and own a minority stake in the for-profit company. Sam Altman will acquire an equity stake in the for-profit company for the first time. The company could be worth $150 billion after the reorganization.