Iran Media: Initial Informal Document of Iran-US Understanding Memorandum Revealed

May 27 – U.S. ADP Nonfarm Employment Change for the week ended May 9 came in at 35,750, down from the prior reading of 42,250.

May 27 — Iranian sources have disclosed a "preliminary, non-binding framework document" for a memorandum of understanding (MOU) between Iran and the United States, covering issues including the Strait of Hormuz, regional military deployments, and future agreement arrangements. Per the document, the U.S. has pledged to lift its "maritime blockade" against Iran and withdraw some military forces stationed around Iran. In exchange, Iran will gradually restore commercial vessel transits through the Strait of Hormuz to pre-escalation levels within one month, excluding military ships. Vessel transit management and route coordination will be jointly handled by Iran and Oman. If the two sides reach a final agreement within 60 days, the relevant terms could be formalized as a binding United Nations Security Council resolution. Iran has emphasized it will not take any concrete actions until "verifiable and tangible" verification is completed, according to CCTV News.

On May 27, filings with the Hong Kong Exchanges and Clearing (HKEX) disclose that major shareholders of Pinduoduo have adjusted their equity stakes. Colin Huang and H&H International Investment, LLC simultaneously increased their holdings in the firm. The combined shareholding of the two concerted parties now totals 5.69%, which triggers mandatory disclosure requirements under Hong Kong’s listing rules.

May 27 – The Hong Kong Monetary Authority (HKMA) responded to reports that some Hong Kong banks are requiring declarations for opening investment accounts, stating it issued the relevant regulatory rules to all authorized financial institutions on May 22. Per HKMA documents, authorized institutions must implement three new measures when opening and managing investment accounts for mainland investors: 1. Close any investment accounts opened with suspicious or forged documents, and flag all existing customer investment accounts opened with such materials (including fake or altered identification) since January 2023, or any other period the HKMA specifies. 2. Close zero-balance dormant investment accounts belonging to mainland investors. These are accounts that hold no asset balance as of May 22, 2026 (the reference date) and have no customer-initiated transactions in the 12 months leading up to that date. 3. When opening a new investment account, banks must obtain a written declaration

On May 27th, Arete Capital partner McKenna noted that HYPE has held steady at its all-time high. The firm’s initial price target for HYPE is set at $84, and based on recent developments, McKenna expects the asset to hit a three-digit price point within the next 12 months. McKenna further highlighted that the HYPE ETF attracted robust inflows shortly after its launch, when HYPE was trading in the $50 range— a clear sign of strong interest from traditional financial players looking to enter the market at that price level.

On May 27, on-chain analytics platform Onchain Lens reported that BlackRock deposited 2,538 BTC into Coinbase, valued at approximately $193 million.