The Kingdom of Saudi Arabia's Public Investment Fund holds 42.4 million shares of SpaceX, with an unrealized gain of approximately $2.36 billion.

According to an official announcement, HashKey Holdings Limited (“HashKey” or the “Company”, stock code: 3887) announced that its wholly-owned subsidiary HKDAG (Singapore) Pte. Ltd. has entered into a non-binding framework agreement with the major shareholders of Asia Pacific Exchange Pte. Ltd. (“APEX”) and APEX, proposing to acquire all of APEX’s equity interests. APEX and its group operate a comprehensive and well-established financial market infrastructure in Singapore. As a licensed derivatives trading platform in Singapore, APEX holds the “Approved Exchange (AE)” license issued by the Monetary Authority of Singapore (MAS); its subsidiary Asia Pacific Clear Pte. Ltd. holds the “Approved Clearing House (ACH)” license, with integrated issuance and clearing capabilities. Under Singapore’s strict regulatory system, currently only three institutions in the entire market hold both licenses. If the proposed acquisition is successfully completed, HashKey is expected to further improve its layout of trading and clearing infrastructure for the institutional market, promote the construction of a new generation of financial infrastructure covering trading, custody, payment, clearing and settlement, and enhance its comprehensive service capabilities for financial institutions and institutional market participants.

Market news: Two sources said Russia is preparing to extend its diesel export ban until August, though the ban may be lifted early if domestic supply conditions improve. (Jinshi)

Ukrainian President Volodymyr Zelenskyy has requested 300 Patriot air defense systems from Donald Trump before winter. Zelenskyy said a U.S. special envoy is likely to visit Kyiv in the coming two weeks. (Jinshi)

According to GMGN market data, as of press time, the market capitalization of crypto token STONKBROKER has risen to approximately $24.43 million, with its price standing at $0.00987. Its current liquidity pool is around $2.3 million, with a 24-hour increase of 73.63%, a 1-hour rise of 9.11%, and an intraday peak market cap of roughly $24.57 million, hitting a new all-time high.

According to a report by The Chosun Ilbo, South Korean individual investors’ dissatisfaction has surged after single-stock leveraged ETFs tracking Samsung Electronics and SK Hynix plummeted. On that day, around 30 mourning wreaths were placed in front of the National Assembly building in Yeouido, Seoul, calling for the scrapping of the related 2x leveraged ETF products. The wreaths were sent by the individual investor group "Stock Market Normalization Council", whose demands include strengthening investor protection and pushing for the delisting of such products. The group argues that Samsung Electronics and SK Hynix single-stock leveraged ETFs amplified stock price volatility and exacerbated retail investors’ losses. The protest came amid sharp fluctuations in South Korea’s stock market. On the previous trading day, the KOSPI (Korea Composite Stock Price Index) plunged more than 8% at one point, triggering the circuit breaker; the single-stock leveraged products tracking Samsung Electronics and SK Hynix also tumbled around 25%. Against the backdrop of a downturn in the AI hardware chain and sharp falls among semiconductor leaders, the risks of highly leveraged products were rapidly magnified. South Korea’s financial authorities have started tightening trading thresholds. The Financial Services Commission plans to require individual investors to hold a minimum cash margin of at least 30 million won when purchasing new or additional single-stock leveraged products starting from July 31. South Korea’s Financial Services Commission Chairman Lee Eui-keun said industry estimates show that after the measure takes effect, related trading accounts may drop from around 100,000 to about 10,000, with trading volume likely to decrease by around 60%.

Bitunix has officially launched the "Trading King Challenge" individual trading contest, running from July 28 to August 12 (UTC+0), open to all registered users on the platform. The contest features two leaderboards: the trading volume leaderboard and the return rate leaderboard, with their respective prize pools accounting for 80% (560,000 USDT) and 20% (140,000 USDT). Eligibility requires a valid contract trading volume of at least 50,000 USDT; users ranking on both leaderboards will receive the higher reward. As Bitunix's contract trading ecosystem continues to expand, the platform is giving back to the community with a total prize pool of up to 700,000 USDT, inviting traders worldwide to compete and claim the "Trading King" title.