Hong Kong Stock Market: Wise Spectrum Surges Over 14%, Continues to Hit New All-Time High

May 28 – Sources told Reuters that ByteDance is developing its own central processing unit (CPU) to address the growing demand for its artificial intelligence (AI) infrastructure. The Chinese tech giant’s expansion plans are being constrained by recent surges in chip prices and long-term supply shortages. This move underscores the industry’s acceleration toward the “inference” stage of AI, which has drastically increased CPU demand and led to a CPU shortage in recent months. Sources added that ByteDance plans to deploy its in-house developed CPUs in servers and data centers to support internal operations and prepare for the large-scale launch of its proxy products, including the Coze platform. ByteDance is advancing along two CPU architecture paths: one based on the Arm architecture, and the other built on the open-source RISC-V instruction set architecture. The company is evaluating which design is more suitable for its long-term data center needs. Currently, ByteDance procures CPUs

Per Deribit data, $75 billion worth of cryptocurrency options are set to expire tomorrow, May 28th. Here’s a breakdown of the expiring contracts: - Bitcoin (BTC) options: Have a notional value of $62.1 billion, a put/call ratio of 0.88, and a maximum pain point at $75,000; - Ethereum (ETH) options: Boast a notional value of $12.9 billion, a put/call ratio of 0.81, and a maximum pain point at $2,200.

On May 28, Hyperinsight (via its Telegram monitoring channel at https://t.me/HyperInsight) reported that HYPE is bracing for its largest single-day token unlock in the near term. Over the next 24 hours, 4.33 million HYPE tokens will be unlocked, valued at roughly $246 million—equal to about 1.95% of the token’s current circulating supply. Looking ahead to next week, the next major unlock is set for June 2, when 2.07 million HYPE tokens will be released, worth approximately $117 million. Additionally, the HyperInsight Bot is now live. To integrate it into your Telegram community, add @HyperInsightBot as a member, then assign it admin privileges (ensure message sending permission is enabled) to automatically sync on-chain data to your group.

On May 28, per Bitget data, the Nikkei 225 Index fell 0.47% to 64,693.12 points, while South Korea’s KOSPI Index declined 0.53% to 8,185.25 points.

May 28: According to an official announcement from Binance, Binance Alpha will officially launch Sealcoin (QAIT) today. Eligible users can visit the Binance Alpha event page to claim their airdrop using Alpha points once trading opens, with additional details to be shared in the near future.

As of May 28, the silver market is grappling with dual headwinds: cooling demand and persistent price pressure, with multiple institutions flagging that the "aftershocks" of the 2025 silver price surge are now taking hold. Silver touched a high of $120 per ounce on January 28 before tumbling nearly 30% in a single session. While there was a subsequent bounce, the broader trend has remained downward. After hitting roughly $87 on May 14, the metal came under renewed selling pressure. Over the past two weeks, it has traded mostly in the $75–$78 range, and Thursday saw it drop more than 3.5% to around $71.98. In a recent report, UBS pointed out that the roughly 140% price increase in 2025 has significantly dampened downstream industrial demand, warning that demand contraction could persist as long as silver holds at current levels. The bank also noted that unlike gold, which benefits from central bank purchases, silver lacks a strategic demand anchor and is therefore "unattractive" i