Core Viewpoint - Futu Holdings (FUTU.US) experienced a 3% increase in stock price, reaching $176.39, following a Morgan Stanley report indicating that the cessation of new account openings for mainland clients has not significantly impacted customer acquisition [1] Group 1: Company Growth - The company's growth is expected to primarily come from overseas markets and cryptocurrency services, which are anticipated to provide long-term incremental monetization opportunities [1] Group 2: Analyst Rating - Morgan Stanley maintains an "Overweight" rating for Futu Holdings, with a target price set at $210 [1]

摘要： 在数字化浪潮席卷全球的今天，科技创新已成为金融交易领域无可争议的核心驱动力。FPG财盛国际始终站在科技前沿，积极拥抱人工智能、大数据、云计 算和区块链等尖端技术，致力于为全球客户打造更安全、透明、高效的交易环境。这些技术的深度应用，从根本上重塑了交易流程，显著提升了执行速度、 优化了风险管理、降低了交易成本，并最终推动了整体交易效率的跃升，为投资者创造更大的价值。 正文 交易效率，是金融市场健康发展的生命线。它关乎资金的流转速度、资源配置的优化程度以及投资者的最终收益。在传统模式下，信息不对称、流程繁琐、 人工干预过多等因素常常制约着交易效率的提升。FPG财盛国际深刻认识到科技在破解这些难题中的关键作用，并将持续的技术创新视为其核心竞争力之 一。 高并发、低延迟是保障交易顺畅执行的关键。FPG财盛国际借助先进的云计算基础设施，构建了具备弹性伸缩能力的强大交易系统。云平台的分布式架构确 保了系统在交易高峰期能够平稳运行，处理能力可随需求动态扩展，有效避免卡顿或宕机。这不仅保证了客户订单的快速响应和即时成交，也为平台的稳定 性和可靠性提供了强有力的技术支撑，提升了用户体验和交易信心。 . I 1 n e ...

计算机行业事件点评 金融科技迎来新一轮政策与创新共振机遇 2025 年 10 月 08 日 ➢ 事件： 9 月 29 日，国家发改委举行例行新闻发布会，国家发改委政策研究 室副主任、新闻发言人李超表示，当前经济运行当中依然面临着不少的风险和挑 战，国家发改委将持续发力，适时加力实施宏观政策。 ➢ 金融政策发力支持，支持宏观经济运行。针对设立新型政策性金融工具的进 展情况，李超介绍，为贯彻落实党中央、国务院决策部署，促进金融更好服务实 体经济，推动扩大有效投资，国家发改委会同有关方面积极推进新型政策性金融 工具有关工作。新型政策性金融工具规模共 5000 亿元，全部用于补充项目资本 金。金融政策持续发力，资本市场有望迎来基本面与流动性改善的共振，直接利 好政策敏感度较高的金融科技板块。 ➢ 上海成立数币运营中心，金融创新再迎新举措。9 月 24 日，数字人民币国 际运营中心在上海正式运营。数字人民币国际运营中心由中国人民银行数字货币 研究所筹建和管理，负责建设运营数字人民币跨境和区块链基础设施，本次同步 推出 3 大数字人民币运营平台：1）跨境数字支付平台，立足于支持人民币国际 化与跨境使用，为央行数字货币跨境 ...

Core Insights - Circle Internet is positioned as a key player in the digital finance revolution, primarily through its USDC stablecoin and strategic partnerships [1] - Analysts are optimistic about Circle's potential, suggesting that its stock could reach $280, driven by compliance-first strategies and favorable regulatory environments [1] Company Overview - Circle leverages the GENIUS Act, which is expected to provide tailwinds for its operations and growth in the digital finance sector [1] - The company is seen as a potential backbone for future innovations in digital finance, indicating strong market confidence in its business model and technology [1] Market Sentiment - Wall Street analysts are betting significantly on Circle, reflecting a broader trend of investment in compliance-focused fintech companies [1] - The positive outlook from analysts suggests a strong belief in Circle's ability to capitalize on emerging opportunities in the digital finance landscape [1]

Core Insights - Alipay, in collaboration with AI health app AQ and Gaode, released the first "Overseas Travel Essentials Trend List" focusing on health consultation, navigation, and consumption trends of Chinese tourists during the National Day holiday [1] Group 1: Health Consultation Trends - The health consultation volume on AQ increased by 32% during the holiday, indicating a rising trend in seeking health advice through domestic AI applications while traveling abroad [1] - AQ has become an essential health application for niche travel destinations in the Middle East, Central Asia, and Africa [1] Group 2: Navigation Trends - There was a significant increase in the use of Gaode for finding restrooms in Europe, with a 220% year-on-year growth in navigation requests for toilets [1] - The trend highlights a new necessity for Chinese tourists traveling in Europe [1] Group 3: Consumption Trends - Alipay is becoming a common payment method for outbound tourists, with one in every two travelers using the platform [1] - Consumption in popular regions like Japan and Southeast Asia remains strong, while lesser-known European destinations such as Greece are emerging as new favorites for spending [1]

Group 1 - The core concept of Prediction Market is its potential to reshape how people acquire truth and price the future, leveraging user growth and a vast Total Addressable Market (TAM) [9][11][28] - Prediction Markets are gaining traction in various sectors beyond politics, allowing bets on events like Tesla's earnings and Federal Reserve interest rate changes, indicating a broadening of their application [14][18] - The rise of Prediction Markets is driven by multiple factors, including the decline of mainstream media credibility and the increasing desire for tools that provide closer access to truth [28][25] Group 2 - The technology investment landscape focuses on identifying high-speed and sustainable growth, often found in disruptive companies that challenge the status quo [8][12] - Successful new entities in the market typically exhibit three characteristics: self-sustaining growth engines, vast TAM, and favorable timing and conditions [13][23] - The current market dynamics show that Prediction Markets are experiencing significant growth, with Kalshi's trading volume reaching a run rate of nearly $40 billion, indicating a shift towards mainstream acceptance [18][20] Group 3 - Prediction Markets differ from traditional sports betting by covering a wider range of events and being regulated at the federal level, allowing for broader participation [26][21] - The valuation of Polymarket is approximately $9 billion, while Kalshi is valued at around $5 billion, highlighting the competitive landscape between decentralized and centralized platforms [22] - The introduction of features like the Parlay function by Kalshi has the potential to disrupt existing sports betting markets, as evidenced by the immediate impact on competitor stock prices [27][30] Group 4 - The future of Prediction Markets is envisioned as a new generation of knowledge platforms, transcending traditional betting to become a marketplace for information [31][32] - The integration of Prediction Markets into mainstream financial platforms, such as Robinhood, enhances their visibility and user engagement, further solidifying their market position [20][18]

Zip Co Ltd (ZIP) - Zip Co Ltd's share price has increased by 61.6% since the beginning of 2025 [1] - Zip is a fintech company established in 2013, providing a buy-now-pay-later (BNPL) service that is favored by retail consumers [1] - The platform allows customers to make immediate purchases and repay in several interest-free installments [1] - Zip generates revenue through transaction fees from businesses and late fees from customers who miss payments [2] - The current price-to-sales ratio for Zip is 7.12x, higher than its 5-year average of 5.81x, indicating that shares are trading above historical averages [5] - Revenue for Zip has been growing over the last three years, which is a positive indicator despite the higher price-to-sales ratio [5] Scentre Group (SCG) - Scentre Group specializes in shopping centre real estate, operating under the Westfield brand in Australia and New Zealand [3] - The group manages a portfolio of 42 centres valued at over $34 billion, with an occupancy rate exceeding 99% and attracting over half a billion visitors annually [3] - SCG has a trailing dividend yield of approximately 4.18%, compared to its 5-year average of 4.78%, indicating a slight decrease in yield [6]

格隆汇10月8日｜预测平台Polymarket表示，洲际交易所（ICE）正在对公司进行20亿美元的战略投资， 融资后估值为90亿美元。 ...

Core Insights - Ondo Finance has completed the acquisition of Oasis Pro, gaining licenses for a digital asset broker, alternative trading system (ATS), and transfer agent (TA) registered with the SEC [1] - This acquisition enables Ondo to launch a compliant tokenized securities market, covering areas such as RWA issuance, secondary trading, private placements, and underwriting [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不會就因本公佈全部或 任何部分內容而產生或因倚賴該等內容而引起之任何損失承擔任何責任。 滙盈控股有限公司 （於香港註冊成立之有限公司） （股票代號：821） 網址：http://www.vcgroup.com.hk 有關成立合營公司的自願公佈 本公佈乃由本公司自願性作出。本公佈旨在讓本公司股東及潛在投資者知悉本集 團的最新業務發展。 合營協議 董事會欣然宣佈，於二零二五年十月六日（交易時段結束後），滙盈金融科技、深 圳高歌及深圳峰霖滙訂立合營協議，據此各方同意共同成立一家合營公司，其中 滙盈金融科技持有34%權益、深圳高歌持有33%權益及深圳峰霖滙持有33%權益。 根據合營協議，合營公司擬根據中國法律註冊成立為私人股份有限公司。合營公 司將主要從事提供以RWA範疇的培訓、專業諮詢服務及高端會議業務。 滙盈金融科技有限公司，一間根據香港法律註冊成立的有限公司。滙盈金融科技 為本公司直接全資附屬公司，主要從事投資控股業務。 關於深圳高歌的資訊 據董事所知、所悉及所信，並經作出一切合理查詢後， ...