Core Insights - The Hong Kong Cyberport announced strong fundraising results for its startup community despite a challenging investment environment, with total fundraising amounting to nearly HKD 3.4 billion from October 2024 to September 2025, and a cumulative total of HKD 46 billion [1] - Nine companies from Cyberport successfully went public this year, including notable firms like CloudMinds and iFlytek Medical, alongside the arrival of two unicorns valued at USD 1.3 billion and USD 2.5 billion respectively [1] - The focus on AI, blockchain, and digital assets reflects the capital market's trends, showcasing Cyberport's effectiveness in promoting these industries [1] Fundraising and Investment Activities - Cyberport's annual venture capital event, the "Cyberport Venture Capital Forum," is scheduled for November 6-7, 2025, aiming to connect influential global investors and entrepreneurs to explore new investment landscapes driven by AI [2] - The Cyberport CEO emphasized the role of Cyberport as a "super connector" to enhance fundraising capabilities for startups and facilitate connections with global investors [2] - The newly established "AI Investment Circle" aims to connect investors with high-potential AI companies, while the "Cyberport Investor Network" has facilitated nearly HKD 4.26 billion in fundraising [3] Investment Fund Performance - The "Cyberport Investment Entrepreneur Fund" has invested in 29 startup projects, achieving a total investment and co-investment amount exceeding HKD 1.99 billion, with a leverage ratio of 1:9.3, indicating strong investor confidence [3] - The establishment of the "Web3.0 Investment Circle" has successfully gathered over 40 investors, focusing on blockchain and digital asset enterprises [3] - Cyberport continues to attract substantial global investment units to support high-potential companies, reinforcing its position as a key technology hub and startup incubator in Hong Kong [3]

Core Insights - The article emphasizes the importance of a multi-account strategy in digital marketing, highlighting how Shenzhen Yangguang Digital Technology Co., Ltd.'s "Short Video Matrix Management System" can enhance brand marketing by breaking through the limitations of traditional single-account approaches [2][9] Group 1: Ecosystem Logic of the Matrix System - The matrix system transforms fragmented traffic into compounded growth by creating a network of complementary accounts, leading to exponential brand exposure [3] - The system customizes content strategies based on platform-specific rules and user preferences, facilitating a full-cycle conversion process from traffic to interest to conversion [3][4] Group 2: Innovative Scenarios of the Matrix System - Scenario 1: Cross-industry collaboration allows brands to achieve mutual traffic exchange and content synergy, resulting in a 200% increase in exposure for all involved parties [4] - Scenario 2: The user segmentation engine enables targeted content delivery based on user interaction behavior, significantly improving conversion rates and customer loyalty [5][6] - Scenario 3: The real-time hot topic capture module generates timely brand content aligned with trending topics, enhancing brand visibility without forced marketing [7][8] Group 3: Data-Driven Optimization - The intelligent data platform integrates over 50 operational data dimensions, allowing brands to make data-driven decisions and optimize marketing strategies effectively [8] - Companies utilizing the matrix system experience an average marketing ROI increase of 3-5 times, redefining digital assets as not just traffic and users but as reusable operational methodologies [8][9]

Core Viewpoint - The Hong Kong Monetary Authority's Chief Executive, Yu Weiwen, emphasizes the need for enhanced monitoring of emerging financial risks, particularly in non-bank financial institutions and digital assets, due to structural changes in the international financial system [1][2]. Group 1: Emerging Financial Risks - Yu highlights that non-bank financial institutions have diversified corporate financing channels but possess stronger cross-border linkages and engage in high-risk activities like leveraged trading, leading to an increased potential for financial risk propagation [1]. - The rapid advancement of technology in the financial sector has introduced new risks, such as increased reliance on third parties and heightened market interconnectedness due to the widespread use of artificial intelligence [1]. Group 2: Recommendations for Regulatory Framework - Yu suggests that international organizations should coordinate global central banks and regulatory bodies to improve monitoring capabilities and address data gaps in critical areas [1]. - There is an urgent need for a consistent regulatory framework and cross-border coordination mechanisms among countries and regions regarding crypto assets to ensure the resilience of the global financial system [2].

Core Viewpoint - The surge in gold prices to unprecedented levels signals a global financial trust crisis, marking the end of an old era and the birth of a new monetary landscape, with China reshaping the global currency trust logic based on gold [1][18]. Group 1: Dollar's Declining Trust - The dollar's status as the world's safest asset has been undermined, particularly after the U.S. froze $300 billion of Russian foreign reserves, revealing the dollar as a political tool rather than a universal deposit [3][5]. - By 2025, the repercussions of this trust crisis are expected to be significant, with the U.S. fiscal deficit surpassing $1 trillion in just five months and the dollar index dropping nearly 10% within the year [3][5]. Group 2: Central Banks' Response - In response to the declining trust in the dollar, global central banks net purchased 1,136 tons of gold in 2024, the second-highest level in history, with China, Poland, and Turkey accounting for over half of the purchases in the first quarter of 2025 [5][10]. - China's official gold reserves have reached an impressive 73.9 million ounces, reflecting a strategic move beyond mere accumulation to enhancing the international status of the renminbi [5][10]. Group 3: Shanghai Gold Exchange (SGE) Developments - The SGE has established a "gold corridor" that allows gold bars produced in China to be directly traded on the international board, significantly reducing transaction costs [7][10]. - By 2025, the business scale of this "gold corridor" is expected to exceed 10 billion yuan, enabling Southeast Asian countries to purchase Chinese goods directly with renminbi in exchange for physical gold [8][10]. Group 4: New Monetary Pathways - The SGE's international version has already reached 3.67 trillion yuan in transaction volume in the first ten months of 2024, covering 16 countries and facilitating a new path to bypass dollar settlements [10][12]. - The BRICS nations are exploring the possibility of using gold as collateral for loans in renminbi for infrastructure projects in Africa, aiming to escape dollar debt and high-interest burdens [10][12]. Group 5: Gold's Financial Recognition - In July 2025, gold will be officially recognized as a level one asset under Basel III, allowing it to be fully counted in risk asset calculations, thus enhancing its status in the financial system [12][14]. - The World Gold Council is promoting the concept of "digital gold," which utilizes blockchain technology to create unique records for each gold bar, transforming gold into an active asset that can be used for collateral financing [12][14]. Group 6: Global Monetary Landscape - The global monetary system is increasingly divided into two camps: the Eastern camp led by China and BRICS, focusing on a gold-backed currency, and the Western camp led by the U.S., emphasizing digital assets [14][18]. - Currently, central banks allocate 20% of their total reserves to gold, with analysts suggesting this should increase to 30%, representing a potential demand for gold worth $2 trillion [16][18]. Group 7: Investment Opportunities - For ordinary investors, incorporating a certain percentage of gold ETFs into asset allocation is advisable, while also considering copper and emerging digital assets like Bitcoin for short-term trading opportunities [16][18]. - Renminbi-denominated assets, including Chinese government bonds and blue-chip stocks, are positioned to become a new "safe haven" for global capital during turbulent times [16][18].

Core Viewpoint - China Financial Leasing (02312.HK) announced the appointment of Lin Yanjun as an executive director and a member of the board's investment committee, effective October 28, 2025 [1] Group 1: Appointment Details - Lin Yanjun, aged 46, is the founding partner and shareholder of I.N. Capital, specializing in financial investment and services, including blockchain and artificial intelligence [1] - Lin has held senior positions at international investment banks such as Credit Suisse and Barclays [1] Group 2: Industry Experience - In the digital asset sector, Lin served as the CEO for the Asia region at AMINA Bank AG (formerly SEBA Bank AG) and later as the chairman of its Asia Client Advisory Committee [1] - He is also an investor and board member of Forestheaven Limited, the parent company of Pandu Financial Limited, which focuses on virtual asset management [1] Group 3: Additional Roles - Lin is a board member and compensation committee chairman at Canaan Inc., a U.S.-listed Bitcoin mining company [1] - He previously served as the chairman of Ginkgo Capital Limited, a licensed asset management company regulated under the Securities and Futures Ordinance in Hong Kong [1]

Group 1 - The Digital Port Investor Network has facilitated a total investment of HKD 42.58 billion since its establishment in 2017, with an increase of over HKD 16.6 billion compared to last year [1] - From October last year to September this year, the financing total for Digital Port community enterprises reached HKD 34 billion, bringing the cumulative financing total to over HKD 460 billion [1] - Digital Port has gathered 2,300 enterprises, including over 900 smart living companies, more than 410 companies in AI, big data, and robotics, and over 280 blockchain and Web3 companies [1] Group 2 - The CEO of Digital Port expects that AI, blockchain, and digital asset companies will drive growth in the financing market, with other focus areas including green energy, quantum computing, and health technology [1] - In the third quarter of this year, global venture capital reached USD 120.7 billion, an increase of USD 8.3 billion quarter-on-quarter, with the number of unicorns born exceeding levels seen in the same quarters of 2023 and 2024 [1] - AI unicorns increased by 74% year-on-year, accounting for one-quarter of global unicorns during the same period [1]

Group 1 - Citigroup plans to collaborate with Coinbase to create a digital asset payment solution for institutional clients, with future expansion to global customers [1] - The initial focus of the partnership will be on providing fiat currency deposit and withdrawal capabilities through Coinbase's services, facilitating smooth conversion between traditional and digital assets [1] - Citigroup aims to simplify payment processes through this collaboration, combining its business reach with Coinbase's leadership in the digital asset space [1] Group 2 - The digital asset industry has seen an increase in trading activity this year, driven by a favorable environment for businesses in the U.S. under the Trump administration [2] - Coinbase has made significant investments, including a $375 million acquisition of investment platform Echo and a $2.9 billion deal to acquire cryptocurrency options provider Deribit [2]

Market Overview - International gold prices have rebounded, with London spot gold returning to the $4000 per ounce mark after a previous drop to $3970 per ounce [5] - The U.S. stock market indices reached new highs, with the Dow Jones up 0.71% to 47,544.59 points, the Nasdaq up 1.86% to 23,637.46 points, and the S&P 500 up 1.23% to 6,875.16 points [6] - Chinese assets experienced a surge, with the Nasdaq China Golden Dragon Index rising by 1.59% [6] Corporate News - Qualcomm's stock rose over 11%, reaching a new high since July 2024, following the announcement of its AI chips, AI200 and AI250, expected to launch in 2026 and 2027, respectively, competing with Nvidia in the data center market [7] - Apple's market capitalization is approaching $4 trillion, with its stock also reaching new highs [7] - Amazon plans to cut up to 30,000 corporate jobs, representing nearly 10% of its corporate workforce, marking the largest layoffs in the company's history [8] - Coinbase has announced a partnership with Citigroup to facilitate easier use of digital assets and stablecoins for Citigroup's clients [8] International Macro - According to CME's "FedWatch," the probability of a 25 basis point rate cut by the Federal Reserve in October is 97.3%, with a 2.7% chance of maintaining the current rate. The probability of a cumulative 50 basis point cut by December is 95.3% [9]

中新网上海10月26日电 (记者 陈静)2025"数通链谷"杯第七届长三角区块链应用创新大赛决赛26日举 行。经过初赛和复赛环节的层层选拔，脱颖而出的38个优秀项目进入决赛。 这些项目覆盖政务治理、贸易与供应链金融、金融科技、智慧农业、数据要素应用、双碳与能源、智慧 建筑、医疗健康、数字资产等多个关键领域，全面展现了区块链技术作为底层支撑技术的广阔应用前景 和蓬勃创新活力。决赛现场吸引了逾百位政产学研融嘉宾、专家学者及从业者到场观赛。大赛在产业成 长组和创新项目组的基础上，新增设国际赛道-新科技金融组，吸引了来自多个国家和地区的Web3.0、 RWA(真实世界资产)等数字资产领域创新项目踊跃参赛，拓宽了赛事领域，彰显了国际化与前沿视野。 2025"数通链谷"杯第七届长三角区块链应用创新大赛决赛26日举行。(大赛组委会供图) 本届大赛由上海市委网信办、江苏省委网信办、浙江省委网信办、安徽省委网信办、上海市科学技术协 会指导，由上海市互联网业联合会、上海区块链技术协会主办，江苏省区块链发展协会、浙江省区块链 技术应用协会联合主办，上海长三角区块链产业促进中心承办。 大赛秉承以赛促用、以赛建标的理念，以"新质驱动· ...

新主席的加密货币愿景 作为即将上任的CFTC掌门人，Michael Selig的表态直接呼应了特朗普政府的政策目标。他在社交平台X 的帖子中承诺，将"不懈努力，促进运作良好的商品市场，推动自由、竞争和创新"。 Selig的专业背景强化了市场的积极预期。他自2025年3月起在CFTC任职，此前曾与美国证券交易委员 会(SEC)主席Paul Atkins共事，并曾在国际律师事务所Willkie Farr & Gallagher担任合伙人。据彭博社报 道，Selig的提名获得了白宫内部加密货币支持者的强力推动。 特朗普政府已将支持加密货币发展作为其议程的一部分，兑现其竞选时做出的承诺。 美国总统特朗普选择了一位加密货币领域的资深人士来领导关键的金融衍生品监管机构，此举是他推动 将美国打造为全球数字资产中心计划的最新一步。 本周六据媒体报道，白宫及被提名者本人证实，特朗普已提名Michael Selig担任美国商品期货交易委员 会(CFTC)主席。Selig目前是CFTC加密货币工作组的首席法律顾问，这一任命被视为数字资产行业的一 大胜利。 Selig在社交平台X上明确表态，他将致力于"帮助总统将美国打造为世界加密货 ...