AnalystXiaoMei

【China's Storage Unicorn Shenzhen Hongxin Microelectronics Files for IPO on HKEX】
According to documents from the Hong Kong Stock Exchange, China's storage unicorn Shenzhen Hongxin Microelectronics Co., Ltd. has submitted an application for listing on the HKEX, with CSC Financial International acting as the sole sponsor. The proposed fundraising will be used for product development, controller chip iteration, and capacity expansion. Shenzhen Hongxin Microelectronics Co., Ltd. (referred to as Hongxin Microelectronics), founded in 2018, is a rapidly emerging Chinese domestic independent memory m

$BTC The U.S. government is considering banning pregnant foreign nationals from entering the country.
The U.S. government is considering banning pregnant individuals who are not U.S. citizens from entering the country, aiming to restrict "birth tourism."
A statement indicated: "There may be a ban on pregnant women entering the United States. The White House is studying corresponding measures. If implemented, this ban would be another attempt to impose restrictions, as the Trump administration believes that foreign women traveling to the U.S. in their third trimester aim to obtain U.S. citizens

Trump Takes Inaugural Flight on New "Air Force One" Gifted by Qatar
President Donald Trump took his first flight on his long-awaited new "Air Force One" on Wednesday, a luxurious Boeing 747-8 gifted to the United States by the Qatari government. A small group of reporters accompanied the trip. The new aircraft underwent a $400 million renovation, equipping the president with state-of-the-art security and technology gear, including a new communications system. The renovation also made partial modifications to the lavish interior of the former Qatar royal private jet. Trump personally reviewed t

【UK FCA Releases Final Crypto Regulation Framework, Mandatory Licensing Regime to Take Effect in October 2027】
The UK Financial Conduct Authority (FCA) finalized a comprehensive crypto regulation framework on Tuesday, with a mandatory licensing regime coming into effect on October 25, 2027. The framework covers prudential requirements, market abuse regulation, and stablecoin standards, applying to crypto trading platforms, custodians, stablecoin issuers, lending and staking service providers, as well as some DeFi companies with identifiable controlling entities. Firms can apply for authorizati

【Ukraine Transfers Seized Crypto Assets to State Management for First Time, Involving Over $8.3 Million in USDT】
Ukraine's Prosecutor General's Office announced that it has transferred over $8.3 million worth of USDT to a cryptocurrency wallet controlled by the country's asset recovery agency ARMA (National Asset Search, Tracking and Management Agency), marking the first time in Ukraine's history that seized crypto assets have been successfully placed under state management.
The transfer, based on a court order, stems from an investigation by the National Bureau of Investigation into an intern

【Fed Chair Walsh to Release More Details on Task Forces in Coming Weeks】
June 29 – According to the New York Times, soon after taking over as Fed chair, Walsh sent a letter to the central bank's more than 20,000 employees outlining how he plans to lead the institution, which he has long argued is in dire need of a thorough overhaul. In a letter dated June 2, Walsh pledged to promote "an open and sober discussion of the Fed's strategy, policy, and operations."
At the core of Walsh's strategy is a series of task forces focused on five areas he sees as "key to the broad implementation of monetary

American Express Hires VP of Stablecoin and Blockchain Strategy to Advance Stablecoin Payments and Tokenization Layout
American Express is recruiting a VP of Stablecoin and Blockchain Partnerships and Strategy in New York, responsible for formulating the company’s overall strategy in programmable money, stablecoin payments, and blockchain financial infrastructure, driving partnerships with stablecoin issuers, blockchain networks, tokenization platforms, wallets, and fintech companies, and overseeing projects such as stablecoin payments, tokenized settlements, digital identity, and programmable

European Banking Authority publishes penalty framework for non-compliant crypto issuers, MiCA full enforcement imminent
June 29 news, the European Banking Authority (EBA) released a consultation paper on June 26 proposing a standardized penalty framework for crypto asset issuers that violate MiCA regulations. According to the proposal, non-compliant issuers deemed significant tokens will face fines of up to 12.5% of annual income or twice the profits from the violation, while the cap for significant e-money tokens is 10% of annual income. The EBA will adopt a strict two-step process to determi

BIS Warns: Market Euphoria Signals Flashing Intensely, AI Spending Spree May End in Sustained Investment Recession
The Bank for International Settlements (BIS) issued a stark warning in its annual economic report released on Sunday, stating that the AI spending spree by major tech companies could end in a sustained investment recession, potentially impacting financial markets and the global economy. The BIS noted that the five largest hyperscale cloud providers are expected to collectively invest over $1 trillion by the end of 2025 to 2026, but if tech sector returns fall short of expectations

【Chan Mo-po: Hong Kong is a "super converter" for mainland enterprises going global】
Hong Kong Special Administrative Region Financial Secretary Paul Chan Mo-po stated in a blog post on the 28th that Hong Kong is not only an important channel for attracting investment, but also a "key link" for mainland enterprises and products to go international, as well as a "converter" of standards and rules between technological innovation and international markets. Chan noted that under the national "dual circulation" development strategy, Hong Kong's international advantages can effectively help mainlan

【South Korean regulators frequently cool down the stock market, warning against asset bubbles fueled by nationwide stock speculation】
As the South Korean stock market continues to rise and trading activity heats up, the country's financial regulators have recently issued a series of risk warnings to put the brakes on the overheated market. According to reports, the regulatory authorities have issued risk warnings on leveraged and inverse products linked to individual stocks such as SK Hynix and Samsung Electronics, expressed concerns over the continuous rise in margin lending balances, and are

【Thailand Issues Arrest Warrant for Chinese Businessman Wang Yicheng, Accused of Money Laundering Through Illegal Cryptocurrency Mining】
Thailand’s Department of Special Investigation (DSI) has recently issued an arrest warrant for Chinese businessman Wang Yicheng, accusing him of being part of a criminal organization suspected of using illegal cryptocurrency mining to launder funds obtained from fraud and online gambling. Wang Yicheng previously served as the leader of the Thai-Chinese Trade Association and has been identified as the key figure in the group of Chinese investors involved in th

【The “Action Plan for Promoting ‘AI + Education’ in Heilongjiang Province” Is Released】
On June 27, the Department of Education of Heilongjiang Province and eight other departments recently issued the “Action Plan for Promoting ‘AI + Education’ in Heilongjiang Province.” The plan proposes that by 2027, an AI general-education system with vertical integration and horizontal connectivity will be basically established; the regular application of AI in the education sector will become standard practice; digital education resources tailored to various teaching scenarios will continue to be enriched

Super heat wave sweeps Europe, Chinese air conditioners 'hard to find'
As a super heat wave sweeps across the European continent, local air conditioning equipment is seeing a sales boom. Recently, temperatures in western France rose to 43°C, setting the record for the highest temperature in June in France's recorded history; on June 25, temperatures in southwest England reached 36.7°C, setting the record for the highest June temperature in the UK; on the 25th, news from Spain's National Meteorological Agency showed that during this heat wave, the average daily temperature in the Iberian Penins

Iran says it will respond more strongly to any further U.S. actions
According to Iran's Student News Network today (June 28), Islamic Revolutionary Guard Corps spokesman Mohebbi said that the United States' "contradictory nature" causes it to take destabilizing actions even during the most sensitive moments, including during U.S.-Iran negotiations, and Iran will make a "stronger response" to any further ceasefire violations by the U.S. military.

Israeli National Security Minister Calls Lebanon-Israel Framework Agreement a "Major Mistake"
On the 27th local time, Israeli National Security Minister Itamar Ben-Gvir issued a statement saying that the new framework agreement between Israel and Lebanon brokered by the United States is "a major mistake," and demanded that Prime Minister Benjamin Netanyahu formally submit the agreement to the cabinet for a vote. Ben-Gvir stated that the Lebanese government will not truly disarm Hezbollah, and only the Israel Defense Forces can do so.

South Korea will train all active-duty soldiers to operate drones
As unmanned systems reshape modern warfare, South Korea will train hundreds of thousands of soldiers into "drone warriors" to counter threats from North Korea. South Korea announced a plan on Friday to deploy 60,000 drones over the next three years and ultimately train all active-duty soldiers in the country to operate drones against North Korea. South Korean Defense Minister An Gyu-baek, referring to the wars in Ukraine and the Middle East on Friday, said: "Drones are a game-changer on the battlefield." In the coming years, dro