KuCoin Obtains ISO22301:2019 Certification, Continuously Enhancing Operational Resilience

On Trade.xyz, the pre-IPO perpetual contract price of Unitree has rebounded slightly, currently trading at $86.1 (equivalent to approximately 580 yuan), with a 24-hour increase of 3.32%. This corresponds to a post-listing market capitalization of around $34.8 billion, or roughly 234.7 billion yuan. Based on Unitree's previously set IPO offering price of 150.8 yuan per share, it is projected to deliver a 3.84x return on new share subscriptions after the opening. Unitree's STAR Market IPO plans to issue 40.4464 million shares, accounting for 10% of its total share capital post-issuance. Each lot consists of 500 shares, with an estimated subscription payment of around 75,000 yuan per winning lot. At Trade.xyz's valuation, 500 shares are worth 290,000 yuan, translating to a profit of approximately 215,000 yuan after deducting the subscription payment. According to today's reports, Unitree's winning IPO subscription numbers have been released, totaling 19,414. Each winning number is only eligible to subscribe for 500 shares of Unitree's A-share stock.

According to Reuters, Pakistani officials stated that signals from the U.S. and Iran indicate the two sides are "approaching some kind of arrangement," with developments moving toward a peaceful direction. Meanwhile, Iran's Mehr News Agency reported that Pakistan's Interior Minister has arrived in Tehran for talks.

Unitree Robotics has released the announcement on the initial offline placement results and online subscription winning results of its initial public offering (IPO) and listing on the STAR Market. A total of 19,414 winning subscription numbers are available, with each number allowing subscribers to purchase 500 Unitree Robotics A-share stocks.

According to an official announcement, H100 Group has appointed Eirik Gr?ttum as its Chief Executive Officer. Gr?ttum previously led Moonshot AS, which completed its acquisition by H100 yesterday. Background materials show he has experience in technology, fintech, systematic trading and digital assets, and previously co-managed related Bitcoin positions with Chief Investment Officer Peter C. Warren. Additionally, Peter C. Warren will remain in his role as Chief Investment Officer; Sander Andersen will continue as Executive Chairman; Johannes Wiik will return to serve as Chief Operating Officer, overseeing operations, corporate development, capital markets and strategic transactions among other duties.

Morgan Stanley E*TRADE Director of Trading and Investment Management Chris Larkin stated that the S&P 500 index has broken out of its two-month trading range and may face tests from inflation and geopolitical factors this week. The jobs report may have eased concerns about a Federal Reserve interest rate hike next month, but if this week’s inflation data cools less than expected, those concerns are likely to deepen again.

According to South Korea’s JoongAng Ilbo, Kiwoom Securities has also lowered its target stock prices for Samsung Electronics and SK Hynix. Recently, market concerns that the general memory chip industry has reached its peak (peak-out) have intensified, prompting an increasing number of securities firms to cut their target price expectations for South Korea’s two leading stocks: Samsung Electronics and SK Hynix. Per South Korea’s financial investment industry sources on the 11th, Kiwoom Securities the previous day reduced Samsung Electronics’ target price from 390,000 won to 350,000 won, and SK Hynix’s target price from 2.2 million won to 2.1 million won, while maintaining a "buy" rating for both stocks. The report notes that this trend of target price cuts in South Korea’s securities industry has been visible since the end of last month. At that time, amid debates over the semiconductor industry’s peak cycle and SK Hynix’s Q2 earnings release, major brokerages including Mirae Asset Securities, Shinhan Investment Securities, and Samsung Securities had already successively cut the target prices of both stocks by around 30%.