Iranian Foreign Ministry Spokesperson: Dialogue with the United States "is time-consuming and arduous," and some of Iran's proposals are still under review
On May 23, an Iranian Foreign Ministry spokesperson said ongoing mediation talks with the U.S. are "time-consuming and grueling," noting that U.S. hostility dates back several decades. "We’ve discussed key issues and still-contentious wording, put forward proposals, and some remain under review as all parties weigh in with their views."
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Opinion: SpaceX Boosts Pre-IPO Valuation Using Non-GAAP Metrics, True Value Difficult to Determine Accurately
May 23. SpaceX recently filed for an initial public offering (IPO), with its mission statement reading: "To develop the systems and technologies needed for life to become a multiplanetary species, unlock the universe’s true nature, and spread consciousness’s light across the stars." Beyond this grand, ambitious narrative, at the end of the day, business boils down to valuing a company in concrete financial terms. After an IPO, retail investors are often the first group targeted for share sales—looking to lock in shares at a fixed price. Insiders, meanwhile, aim to hype up the post-IPO stock price through market buzz, then offload some of their holdings for a profit.
Per Nasdaq disclosure data, the share of unprofitable companies going public has jumped from 20% of all annual IPOs in the 1980s to 80% today. Nearly two-thirds of firms underperform the broader market in the three years following their IPO, with most (64%) lagging by more than 10%. While some companies deliver strong long
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Iran Proposes Opening Hormuz in Exchange for U.S. Compensation, and Calls for Discussions on Sanctions and Frozen Assets
On May 23, Saudi Arabian media outlet Alhadath reported that Iran has proposed opening the Strait of Hormuz in exchange for U.S. compensation. Iran is insisting that discussions around sanctions and frozen funds take place before any agreement is signed.
Per tracking from PolyBeats via its Telegram bot channel @PolyBeats_Bot, prediction market Polymarket currently assigns a 4% probability to unobstructed vessels sailing through the Strait of Hormuz by the end of this month (May), with that likelihood rising to 33% by the end of next month (June).
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Iran-Pakistan Meeting Concludes, Pakistani Side Facilitates US-Iran Information Exchange
May 23 — Pakistan’s Army Chief General Bajwa has left Tehran, Iran. A meeting between Iranian Foreign Minister Zarif and Bajwa has concluded, with Pakistan serving as the intermediary for the exchange of information between Iran and the United States. (Xinhua News Agency)
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Changqiao Securities: Actively Responding to Regulatory Guidelines in Both Regions, Will Steadily Promote Compliance Work
May 23: Changqiao Securities has further clarified recent regulatory developments related to China's cross-border securities business. The firm notes that the Hong Kong Securities and Futures Commission (SFC) and mainland Chinese regulators have recently issued new rules for cross-border securities operations, establishing unified industry standards for services catering to Chinese mainland investors. These regulations apply to all foreign financial institutions, Changqiao says. The company is actively responding to guidance from both regulators and will steadily advance its compliance work in line with the requirements.
The scope of the account cleanup requirements is narrow and specific, targeting two main account types: 1) investment accounts opened with suspicious or forged documentation; 2) zero-balance, dormant investment accounts. Customer accounts opened in accordance with regulations that hold genuine assets and positions are not subject to this cleanup. Changqiao firmly supp
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Bitget is about to launch TAG Staking, with a maximum APR of 25%.
Bitget will launch its TAG wealth management product on May 23. The event runs from 18:00 UTC+8 on May 23 to 18:00 UTC+8 on August 21. During the event, users can head to the "Earn Easy Coins" section to subscribe to this product, which offers a maximum APR of up to 25%. For full details, check out the official Bitget platform.
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