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ZhongAn Online completes 3.90 billion Hong Kong dollar placement, its business may benefit from Hong Kong stablecoin new policy

According to Caixin, ZhongAn Online announced the completion of the placement of a total of 215 million new H shares, raising a total of 3.924 billion Hong Kong dollars. The allocation price is 18.25 Hong Kong dollars per share, accounting for 13.15% of the enlarged H shares and 12.76% of the total number of issued shares. Since May this year, ZhongAn Online's share price has begun to rise significantly, which is mainly benefited from Hong Kong's new stablecoin policy and its 43.43% stake in Zho...

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2025-07-05 02:38:00
Laser Digital Asset Management Launches NEAR Adoption Fund for Institutional Investors

Laser Digital, a subsidiary of Nomura Holdings in Japan, has announced the launch of the Laser Digital NEAR Adoption Fund. The fund's strategy aims to provide institutional investors with long-term exposure to NEAR tokens, combined with a pledge mechanism to enable investors to participate in the blockchain consensus mechanism.

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2025-02-20 15:48:30
Tencent ingot: Hunyuan T1 deep thinking model can be used in unlimited quantities

Tencent Yuanbao Big Model officials said that its deep thinking model "Hunyuan T1" can now be used by all users in unlimited quantities. Tencent Hunyuan T1 and DeepSeek-R1 are both inference models. This model can understand the multiple dimensions and underlying logical relationships of problems, and is particularly suitable for completing complex tasks. In Tencent Yuanbao, you can not only use DeepSeek-R1 Full Blood Edition and Hunyuan T1 for deep thinking, but also use DeepSeek-V3 and Tencent...

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2025-02-19 12:45:05
Blockchain Platform DigiFT Announces Tokenization of Invesco 6.30 billion Dollar Credit Fund

Singaporean blockchain platform DigiFT has announced that it will tokenize a $6.30 billion private credit fund owned by Invesco. The fund has posted an annualized net return of 4.5% since its inception in 2006 and invests primarily in corporate priority secured loans. According to a statement released by DigiFT on February 19, institutional investors can purchase tokenized shares of the fund using US dollars or stablecoins (USDC and USDT). DigiFT CEO Henry Zhang said the move is the latest examp...

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2025-02-19 09:49:42
Hillhouse's HHLR Advisors disclosed its fourth-quarter U.S. stock holdings, with 8 of the top ten largest positions in stocks

On February 15th, Hillhouse's independent fund management platform HHLR Advisors, which focuses on secondary market investment, released data on US stock holdings as of the end of the fourth quarter of 2024. The data shows that eight of the top ten positions of HHLR Advisors in the fourth quarter were Chinese stocks. BeiGene and Alibaba remain the top two major stocks, in addition to Pinduoduo, NetEase, Shell, Vipshop, Legendary Bio and Futu Holdings. Of the four new stocks purchased in the four...

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2025-02-15 00:24:32
Meta plans to invest heavily in AI humanoid robots

Zuckerberg's Meta Platforms (META. O) plans to invest heavily in AI humanoid robots. Meta has formed a new team within Reality Labs.

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2025-02-14 16:05:14
Wintermute Launches Contracts for Difference Linked to the GMUSA Index

Wintermute Asia, a Singaporean derivatives trading entity owned by cryptocurrency market maker Wintermute, has launched Contracts for Difference (CFDs) linked to the GMCI US Select Index, which tracks the performance of top cryptocurrency projects with legal entities in the US based on supply in circulation, enabling traders to quickly adapt to changing market narratives, particularly about the potential for building strategic digital asset reserves. Payments-focused cryptocurrencies XRP, Solana...

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2025-01-28 07:28:54
The non-ferrous technology giant has turned a corner, the rare earth permanent magnet "Big Mac" subsidiary has put into production, and the "DeepSeek concept stock" has clarified that it has not yet established a business partnership with Mirage Quantitative... What are the announcements worth paying attention to after the market today?

The non-ferrous technology giant has turned a corner, the rare earth permanent magnet "Big Mac" subsidiary has put into production, and the "DeepSeek concept stock" has clarified that it has not yet established a business partnership with Mirage Quantitative... What are the announcements worth paying attention to after the market today?

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2025-01-27 13:14:49
Grok now supports real-time price display for stocks and cryptocurrencies

According to app developer Nima Owji, xAI's AI app Grok can now display real-time prices of stocks and cryptocurrencies to users.

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2025-01-26 07:25:00
Abstract Announces Bridged USDC Standard for Integrated Circle on Mainnet for the First Day

Abstract, the L2 public chain of Pudgy Penguins' parent company, announced that it will integrate Circle's Bridged USDC standard on the mainnet on the first day. The standard enhances contract composability, enhances user asset security, and addresses the fragmentation of USDC liquidity in the Abstract ecosystem.

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2025-01-22 01:27:52
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