Hong Kong is in talks with several Chinese electric-vehicle makers to establish local EV manufacturing, according to sources, as the financial hub looks to advanced industries to diversify its ailing economy https://t.co/GVQHly1ewT ...

Core Viewpoint - A class action securities lawsuit has been filed against Fly-E Group, Inc. for alleged securities fraud affecting investors between July 15, 2025, and August 14, 2025 [2][3]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who were misled by false statements regarding the company's revenue outlook and sales projections [2][3]. - Defendants allegedly created a false impression of reliable information about Fly-E's projected revenue, while the actual demand for its electric vehicle (EV) products fell short [3]. - The complaint highlights that the defendants downplayed risks associated with lithium battery supply chains, regulatory environments, and demand fluctuations for Fly-E's E-Bikes and E-Scooters [3]. Group 2: Investor Information - Investors affected by the alleged fraud have until November 7, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions for shareholders over the past 20 years [5]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as a leading securities litigation firm in the U.S. [5].

Legal & Regulatory - The US SEC has moved to drop its case against the former head of Nikola [1] Company Status - Nikola, once a buzzy electric vehicle startup, has faced a stunning downfall [1]

Core Points - A class action securities lawsuit has been filed against Fly-E Group, Inc. for alleged securities fraud occurring between July 15, 2025, and August 14, 2025 [1][2] - The lawsuit claims that the defendants misrepresented the company's revenue outlook and demand for its electric vehicle (EV) products, leading to a false impression of the company's financial health [2] - Investors affected by the alleged fraud have until November 7, 2025, to request to be appointed as lead plaintiff in the case [3] Company Details - The complaint alleges that Fly-E Group's optimistic revenue goals and demand for its EV products, including E-Bikes and E-Scooters, did not align with actual performance [2] - Defendants are accused of downplaying risks related to lithium battery supply chains, regulatory challenges, and demand fluctuations while promoting the company's brand reputation and cost reductions [2] Legal Representation - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4] - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4]

Core Viewpoint - Rosen Law Firm has announced a class action lawsuit against Unicycive Therapeutics, Inc. (NASDAQ: UNCY) on behalf of shareholders who purchased securities during the specified class period, alleging that the company misled investors regarding its business operations [1][2]. Group 1: Allegations and Misleading Statements - The lawsuit claims that Unicycive overstated its readiness to meet FDA manufacturing compliance requirements [3]. - It is alleged that the regulatory prospects of the oxylanthanum carbunate (OLC) New Drug Application (NDA) were also overstated [3]. - As a result of these misleading statements, investors reportedly suffered damages when the true details became public [3]. Group 2: Class Action Participation - Shareholders interested in serving as lead plaintiffs must file their motions with the court by October 14, 2025 [4]. - Participation in the class action is not required to be eligible for recovery; shareholders can remain absent class members if they choose [4]. Group 3: Rosen Law Firm Overview - Rosen Law Firm is recognized for its commitment to shareholder rights litigation and has recovered over $1 billion for shareholders since its inception [6].

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Fly-E Group, Inc. regarding a class action lawsuit due to alleged false statements made by the company about its revenue outlook and product demand [1][2]. Group 1: Allegations and Company Performance - The allegations state that Fly-E Group's management created a misleading impression of having reliable information about the company's projected revenue and sales, which did not align with actual performance [2]. - The complaint highlights that Fly-E's optimistic revenue goals and demand for its electric vehicle (EV) products fell short of reality, with management downplaying risks related to lithium battery supply chains and regulatory challenges [2]. Group 2: Class Action Details - The class period for the lawsuit is defined as July 15, 2025, to August 14, 2025, and shareholders are encouraged to register for participation [2][3]. - The deadline for shareholders to seek lead plaintiff status is November 7, 2025, and there is no cost or obligation to participate in the case [3]. Group 3: Law Firm's Commitment - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud, aiming to ensure responsible business practices by companies [4].

Core Insights - The electric vehicle (EV) market is experiencing significant growth, with over 400 electric model trims available, catering to diverse lifestyles [2] - National Drive Electric Month events are designed to promote EV adoption through test drives and educational experiences [1][3] - Federal tax credits for new, used, and commercial EVs are available until September 30, incentivizing potential buyers to act quickly [2][3] Industry Events - National Drive Electric Month features events across the United States, including locations in Hawaii and Alaska, with participation from various sponsors [4] - Notable sponsors include Nissan, which is launching the 2026 Nissan LEAF®, and other organizations supporting EV adoption [4] - Events include educational talks, test drives, and opportunities to interact with current EV owners, enhancing community engagement [6] Organizational Background - Plug In America is a leading nonprofit organization focused on promoting the use of plug-in electric vehicles through education and advocacy [5] - The organization has been active since 2008 and runs various programs, including National Drive Electric Month, to inform consumers and dealerships about EVs [5]

Precious Metals - Gold and silver ETFs have performed well YTD, with the Wisdomtree Efficient Gold Plus Gold Miners Strategy Fund (GDMN) leading at a 127% increase [2] - The iShares MSCI Global Gold Miners ETF (RING) and iShares MSCI Global Silver and Metals Miners ETF (SLVP) are up 98% and 97% respectively, while the Amplify Junior Silver Miners ETF (SILJ) is up 89% [2] Defense & Space - Global instability and defense modernization are driving military spending, particularly in Europe, where NATO has increased spending goals from 2% to 5% of GDP [3] - The Select STOXX European Aerospace & Defense ETF (EUAD) has risen 75% YTD, while the Global X Defense Tech ETF (SHLD) has a 67% YTD return [4] Critical Minerals & Metals - The theme of critical minerals and metals has shown strong returns, with the VanEck Rare Earth & Strategic Metals ETF (REMX) up 56% YTD and $750 million in assets [6] - The Sprott Critical Materials ETF (SETM) offers an alternative with only 4% exposure to China and a YTD return of 45% [6] Nuclear & Uranium - Nuclear energy is experiencing a revival due to rising electricity demand, with the Global X Uranium ETF (URA) up 52% YTD [8] - The VanEck Uranium and Nuclear ETF (NLR) and Range Nuclear Renaissance Index ETF (NUKZ) have also shown strong performance, up 46% and 42% respectively [9] Cannabis - Cannabis ETFs have rallied on the prospect of deregulation, with the AdvisorShares Pure US Cannabis ETF (YOLO) leading at a 35% increase YTD [11] - Other notable ETFs in this category include the Roundhill Cannabis ETF (WEED) and Amplify Seymour Cannabis ETF (CNBS) [11] Video Gaming - The video gaming sector has benefited from the success of the Nintendo Switch 2 and anticipated releases like Grand Theft Auto 6, with the Amplify Video Game Leaders ETF (GAMR) up 39% YTD [13] - Other ETFs in this space include the Global X Video Games & Esports ETF (HERO) and VanEck Video Gaming and eSports ETF (ESPO), up 38% and 37% respectively [13] Electric Vehicles - Electric vehicle sales are surging, with a 21% YOY increase globally, driven by 50% market adoption in China [14] - The KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) and Amplify Lithium & Battery Technology ETF (BATT) have seen YTD increases of 28% and 26% respectively [14]

Group 1 - Hong Kong Exchanges and Clearing (HKEX) has become a leading fundraising platform for the new energy sector, particularly in electric vehicles (EVs) and related industries [1][2] - The market capitalization of new energy and EV sector companies listed in Hong Kong has reached US$806 billion, representing 13% of the total market, with a sixfold increase over the past decade [2] - Recent regulatory changes, specifically the relaxed fundraising rules under Chapter 18C, allow tech companies in green or renewable energy to list without prior revenue, enhancing the attractiveness of HKEX for startups [3] Group 2 - Hesai Group, a major supplier of automotive lidar sensors, has initiated an IPO aiming to raise up to HK$3.9 billion (US$500 million) through a dual primary listing in Hong Kong, reflecting the growing interest in Chinese EV makers and supply-chain vendors [4]

🚨 NEWS: Tesla Offers Unprecedented $1 Trillion Pay Package to MuskTesla proposed a new compensation agreement for CEO Elon Musk potentially worth around $1 trillion, a massive package without precedent in corporate America.The long-awaited proposal sets a series of ambitious benchmarks he must meet to earn the full payout, including expanding Tesla’s nascent robotaxi business and growing the company’s market value to at least $8.5 trillion from around $1 trillion today. The plan spans 10 years.The additiona ...