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JPMorgan seeks to offload $4 billion in private equity-related loan exposure.

JPMorgan seeks to offload $4 billion in private equity-related loan exposure.

One of Wall Street’s largest banks is preemptively implementing risk defenses in anticipation of potential stress in the private equity industry. According to the UK’s Financial Times, citing sources familiar with the matter, JPMorgan is negotiating a risk transfer transaction with investors, seeking to sell the potential loss

Crackdown on Illegal Cross-Border Securities Activities Begins; Longbridge and Futu Respond to Existing Account Arrangements

Crackdown on Illegal Cross-Border Securities Activities Begins; Longbridge and Futu Respond to Existing Account Arrangements

``` On May 22, the China Securities Regulatory Commission (CSRC) and seven other departments jointly issued the “Implementation Plan for the Comprehensive Rectification of Illegal Cross-Border Securities, Futures, and Fund Operations.” On the same day, regulatory authorities initiated investigations according to law into Tiger Brokers, Futu Securities, and Longbridge Securities for

Xiaohongshu increases investment in video content, fully launching the "RED Selection Program"

Xiaohongshu increases investment in video content, fully launching the "RED Selection Program"

``` On May 22, Xiaohongshu fully launched the "RED Select Program." Unlike regular iterations in the past, this adjustment involves a reconstruction of the platform's underlying traffic distribution logic and a leap in product infrastructure: the platform is starting to officially certify high-quality videos and tilt traffic

Youngor completes generational handover; Li Hanqiong takes over 34 billion yuan market value.

Youngor completes generational handover; Li Hanqiong takes over 34 billion yuan market value.

On the evening of May 21, Youngor Fashion Co., Ltd. (600177.SH) completed a board reshuffle at its 2025 annual shareholders meeting. The 49-year-old Li Hanqiong was elected as a non-independent director and subsequently elected as chairman and president, while the 75-year-old founder Li Rucheng will completely withdraw from daily

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The AI boom boosts global stock markets, Nikkei 225 hits another record high, Tiger Brokers drops nearly 15% pre-market, US-Iran standoff pushes up oil prices.
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``` The AI boom boosts global stock markets, Nikkei 225 hits another record high, Tiger Brokers drops nearly 15% pre-market, US-Iran standoff pushes up oil prices. ```

``` The AI technology stock rally boosts market sentiment, Asian stocks rise for two consecutive days, weekly gains recorded, U.S. and European stock indexes and futures simultaneously rise. The Middle East situation remains deadlocked, and oil prices climb. On May 22, U.S. stock futures all rose, European stocks opened

Repeated Outages and Hacker Attacks! Eight Years After Microsoft’s Acquisition, GitHub is Falling Apart

Repeated Outages and Hacker Attacks! Eight Years After Microsoft’s Acquisition, GitHub is Falling Apart

``` Nearly eight years after Microsoft spent $7.5 billion to acquire GitHub, the world’s largest code hosting platform is now facing a survival crisis. Repeated outages, security vulnerabilities, and the departure of key talent have combined, while the rapidly evolving competitive landscape of AI programming tools threatens its strategic

Tonight the world is watching: The Federal Reserve officially changes leadership—“the Waller era” has arrived!

Tonight the world is watching: The Federal Reserve officially changes leadership—“the Waller era” has arrived!

``` Tonight, the global market's attention will be focused on an oath ceremony at the White House. Kevin Warsh will officially succeed Powell as Chairman of the Federal Reserve, marking the beginning of the "Warsh era." But what he inherits is not a ready-to-go rate-cutting machine, but