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``` The once scorching "Labubu economy" is facing a severe test. As the premium capacity of the secondary market significantly fades, the halo of Pop Mart, a darling of the capital market, is fading. Investors are beginning to re-examine whether this Chinese toy manufacturer can sustain its high-growth myth

``` "Self-buy, self-sell" transactions break $100 billion! Private equity funds' "left hand selling to the right hand" hit a historic high Global private equity (PE) firms are selling assets to their own newly managed funds at an unprecedented pace to cope with obstacles in traditional exit

``` Hong Kong's stock market concluded its year of recovery with a round of intensive listing activity. On Tuesday, six mainland Chinese companies debuted for trading in Hong Kong, raising a total of approximately HK$6.99 billion (about US$900 million). This not only strengthened Hong Kong'

The onshore RMB exchange rate against the US dollar has broken through a key psychological threshold, reaching its highest level in nearly two and a half years. On December 30, the onshore RMB soared past the 7.0 mark against the US dollar, hitting a high of 6.9960, an

``` Big AI news, one after another. This morning, news just came that Manus was acquired by Meta, and soon after, the race around the “world’s first AI large model IPO” also heard the sound of a shoe dropping. On December 30, Beijing Zhipu HuaZhang Technology Co., Ltd. (hereinafter referred

``` A-share indices fell, with the Shanghai Composite opening down 0.44%, and the ChiNext Index down 0.44%. Energy metal concept stocks saw a broad pullback, with lithium mining leading the decline; gold, Hainan Free Trade Zone, solid-state batteries, commercial aerospace, and photovoltaic themes all fell. Stablecoin concept stocks were

“Trump’s crypto asset” Alt5 Sigma is facing chaotic financial reporting and potential delisting risks, having changed three audit firms in six weeks and seen a string of management resignations recently. On Tuesday, according to the Financial Times, the audit firm Victor Mokuolu CPA PLLC, hired by Alt5 Sigma earlier