Author: Yang Jiyun
This is a scene we haven't seen in a long time.
Today (June 26), the Hong Kong Stock Exchange welcomed three companies ringing the bell together - Chow Tai Fook, Saint Bella, and Ying Tong Holdings, creating one of the most lively scenes in the Hong Kong stock market in recent years.
Among them, Chow Tai Fook's Hong Kong IPO was oversubscribed by more than 700 times, with an issuance market value exceeding HKD 10.1 billion, opening up more than 18%; Yingtong Holdings' issuance market value is approximately HKD 3.7 billion; Saint Bella's issuance market value is nearly HKD 4 billion, with a surge of more than 44% shortly after opening.
"The gong at the Hong Kong Stock Exchange is not enough." This scene is a perfect depiction of the booming IPO market in Hong Kong this year.
Three IPOs a day, the Hong Kong Stock Exchange's popularity is back.
Zhou Liufu successfully went public in Hong Kong first.
Founded in 2002, in Shuibei Village, Luohu District, Shenzhen, Li Weizhu from Shantou, Guangdong resigned from the bank and opened a jewelry setting factory, earning his first pot of gold. Subsequently, "Shenzhen Zhou Tianfu Jewelry Co., Ltd."

Source: TradingView.com Key Takeaways
Nvidia shares hit a record closing high on Wednesday, pushing the chipmaker back to the top spot on the list of the world's most valuable companies.
The stock trended higher within a rising wedge before breaking out above the pattern in Wednesday’s

The Federal Housing Finance Agency of the United States directed Fannie Mae and Freddie Mac to accept Crypto Assets as collateral, aiming to address the housing crisis, but raising concerns about systemic risk, potentially repeating the path of the 2008 financial crisis. The implementation of this policy will push Crypto Assets from the margins to the center, facing challenges of regulation and Risk Management. Whether it can successfully transform into a foundation for wealth building remains to be seen, requiring follow-up details and execution plans.

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Aurora Mobile, a Nasdaq-listed technology firm based in China, has unveiled a new corporate strategy that includes investing a portion of its treasury into cryptocurrency assets.
On Tuesday, the co

The article discusses the imminent altcoin season triggered by the Golden Cross indicator, predicting significant price surges based on past trends. Investors are urged to enter early and focus on solid projects while managing risks to capitalize on potential gains.

The United States is facing a serious fiscal challenge: in May 2025, the federal deficit soared to $316 billion, making it the third-largest monthly shortfall in U.S. history. Although April saw a brief surplus due to tax inflows, May's spending once again tipped the scales, placing renewed

According to a report from 深潮 TechFlow on June 26, the Australian Monochrome Spot Bitcoin ETF (IBTC) disclosed that as of June 25, the open interest has reached 905 Bitcoins, with a market capitalization of approximately 148 million AUD.

Author: Marvin Barth Source: Coindesk Translation: Shaw Jinse Finance
We may be on the verge of a revolution in the field of currency finance, which has been the dream of many renowned economists for centuries. Financial innovation is laying the groundwork for this dream, and at the same time, the political and economic environment in the United States is changing, providing support for this revolution. If this revolution proceeds smoothly, it will have a significant impact on global finance, economic development, and geopolitics, creating numerous winners and losers. The transformation I am referring to is the "narrow banking" built on the foundation of stablecoins.
The origin of the fractional reserve banking system
Our current financial system is built on the concept of fractional reserve banking. In the 13th and 14th centuries, Italian moneylenders and bankers began to realize that since depositors (rarely) demanded withdrawals simultaneously, they only needed to hold deposits.

Grigore Roșu, a computer science professor and former NASA engineer, founded Pi Squared to enhance Web3 by addressing blockchain trust issues through its Verifiable Settlement Layer (VSL), enabling seamless and verifiable cross-chain interactions.

Solana futures trading on CME soared to a record 1.75 million contracts, driven by increased institutional interest and a price rise to $145, marking a significant shift in market confidence and the asset's role in professional investment portfolios.

The SEC extended the compliance deadline for broker-dealers transitioning to daily reserve computations from December 31, 2025, to June 30, 2026, aiding operational adjustments and digital asset custody flexibility.

CoinVoice has recently learned that, according to the SoSoValue Bitcoin Treasuries dashboard, Metaplanet announced on June 25, 2025, Eastern Time, that it has increased its holdings by 1,234 Bitcoins at an average price of $107,557, with a total investment of approximately $132.7 million.
Compared to the last period (published on June 22, 2025) which increased by 1,111 Bitcoins at $106,408, the increase this period is approximately 11.07% higher than the previous period, with a total investment increase of about 12.27%.
As of June 25, 2025, Metaplanet holds a total of 12,345 Bitcoins, with an average Bitcoin price of approximately 97,036 USD, valued at 13.32.