【Gemini Space Station上市数日破发，美联储今年首次降息】周三，Gemini Space Station股价延续跌 势，上市仅数日便跌破28美元的IPO发行价，报收24.53美元，单日跌幅12.8%，市值29亿美元。该公司9 月12日登陆美股，首日大涨后持续承压。 同日，其竞争对手Coinbase（COIN.US）收跌2.2%，比特币 价格下跌近1%。标普500指数和纳斯达克100指数也走低。 美联储当日宣布降息25个基点，为今年首 次。市场预期后续还有降息。主席杰罗姆·鲍威尔称，就业市场疲软是此时降息关键依据。 文件显示， Gemini由文克莱沃斯兄弟2014年创立，管理资产超210亿美元，业务多样。2021年融资估值达71亿美 元，纳斯达克IPO时私募投资5000万美元。 此外，SEC文件披露，周一Gemini首席法务官和首席运营官 报告多起内幕股票交易。 本文由 AI算法生成，仅作参考，不涉投资建议，使用风险自担 ...

Core Viewpoint - Gemini Space Station Inc., founded by Cameron and Tyler Winklevoss, is set to go public on September 13, with plans to allocate up to 30% of its shares to retail investors through online brokerage platforms [1]. Summary by Relevant Sections - **IPO Details** - The company has raised its initial public offering target from $317 million to $433.3 million [1]. - Shares will be made available to small investors via platforms such as Robinhood, Moomoo, and Webull [1].

Core Viewpoint - Coinbase and OKX are launching crypto products targeting self-managed super funds (SMSF) in Australia's A$4.3 trillion (approximately US$2.8 trillion) retirement system to promote the allocation of pension funds into digital assets [1] Group 1: Market Opportunity - The current scale of crypto assets within SMSF is limited, standing at A$1.7 billion as of March 2025, but has increased sevenfold since 2021 [1] - Coinbase plans to launch its service soon, with over 500 investors already registered, most of whom intend to invest no more than A$100,000 [1] - OKX launched a similar service in June, experiencing demand that exceeded expectations [1] Group 2: Support Services - Both companies will assist investors in setting up SMSFs and recommend third-party institutions for account management [1]

Core Viewpoint - New Fire Technology Holdings (01611) has seen a significant stock price increase following the announcement of a new CEO and strategic initiatives aimed at global expansion and business upgrades [1] Company Developments - New Fire Technology announced the appointment of Mr. Weng Xiaoqi as Executive Director and CEO effective from August 26, 2025 [1] - Mr. Weng made his public debut at the "Hong Kong Blockchain Summit and New Fire Technology Strategic Launch Conference" on August 27, where he presented the company's upgraded business landscape and global strategy [1] - The company introduced major initiatives including the "Star Map Plan" and a $500 million DAT Special Plan [1] Leadership Background - Mr. Weng Xiaoqi is recognized as a leading figure in the cryptocurrency industry, possessing a unique combination of technical expertise, compliance experience, and strategic vision [1] - He previously served as CEO of Huobi Global from 2018 to 2021, navigating the cryptocurrency market through its cycles [1] - In 2023, he took on the role of CEO at HashKey Exchange, overseeing the establishment and launch of the exchange [1] - Alongside Mr. Weng, key executives from Huobi, including former CTO Guo Wenbin and CFO Zhang Li, have joined New Fire Technology, marking a significant return of a "full Chinese team" [1]

Core Viewpoint - Longyun International (MATH) has shown significant financial growth, with a notable increase in both revenue and net profit, indicating strong performance in the supply chain management and cryptocurrency derivative services sectors [1]. Financial Performance - As of March 31, 2025, Longyun International reported total revenue of $44.57 million, representing a year-on-year growth of 165.86% [1]. - The company's net profit attributable to shareholders reached $15.89 million, marking a substantial increase of 531.99% compared to the previous year [1]. Company Overview - Metalpha Technology Holding Limited, formerly known as Longyun Network Technology Co., Ltd., provides supply chain management platform services in China [1]. - The company also offers cryptocurrency derivative services, including market-making on cryptocurrency-related products and collaborating with clients to create customized tools for experienced investors to establish or close investment positions or implement hedging strategies [1].

8月14日，龙运国际(MATH)盘中上涨2.55%，截至22:03，报2.81美元/股，成交2.47万美元，总市值1.11 亿美元。 资料显示，Metalpha Technology Holding Limited(曾用名:龙运网络科技有限公司)在中国提供供应链管理 平台服务。该公司还提供加密货币衍生产品服务,包括在加密货币相关产品上做市,并与客户合作创建专 门定制的工具,使经验丰富的投资者能够建立或平仓投资头寸或采取对冲策略。 本文源自：金融界 作者：行情君 财务数据显示，截至2025年03月31日，龙运国际收入总额4456.73万美元，同比增长165.86%；归母净利 润1589.48万美元，同比增长531.99%。 ...

Market Performance - The Hong Kong stock market saw a collective rise in its three major indices, with the Hang Seng Index increasing by 2.58% to close at 25,613.67 points, the Tech Index rising by 3.52% to 5,630.78 points, and the National Enterprises Index up by 2.62% to 9,150.05 points [2] - The Hang Seng Index reached its highest closing level since July 24, 2025, while the Tech Index also hit a new high since July 29, 2025 [3] Sector Performance - The healthcare sector showed strong performance, with notable increases in stocks such as Beihai Kangcheng-B (up 25.75%), Zhonghui Biological-B (up 19.45%), and Weiya Biological (up 13.37%) [5] - The consumer electronics sector attracted renewed investment, with stocks like Hongteng Precision (up 11.78%), Qiu Tai Technology (up 10.78%), and Ruisheng Technology (up 4.54%) seeing significant gains [9] - The technology sector was led by Tencent Music, which surged by 15.63%, followed by Alibaba (up 6.09%) and Tencent Holdings (up 4.74%) [10][11] - The gaming sector also benefited from positive industry fundamentals, with stocks like Zhongxu Future (up 9.55%), Blueport Interactive (up 7.81%), and Bilibili-W (up 7.39%) rising [12] - Cryptocurrency-related stocks experienced substantial gains, with New Fire Technology Holdings (up 30%), OK Blockchain (up 26.09%), and Blueport Interactive (up 7.81%) [13][14] Regulatory and Policy Developments - The National Medical Security Administration announced the approval of 534 drugs for the national basic medical insurance list, marking a record high, and 121 out of 141 innovative drugs for commercial insurance also passed the review, indicating a significant development in the multi-tiered insurance system [8] Individual Company Highlights - Yuedong Group saw a nearly 20% increase in stock price after reporting a nearly 70% year-on-year rise in net profit, with revenue reaching 3.191 billion yuan [17] - Jingtai Holdings experienced a nearly 10% rise, expecting a nearly fourfold increase in revenue for the first half of 2025, with projected earnings of at least 500 million yuan [18] Weak Performers - The paper industry faced a downturn, with stocks like Nine Dragons Paper (down 5.10%), Chenming Paper (down 1.01%), and Lee & Man Paper (down 0.33%) declining due to rating downgrades from some institutions [15] - The gaming sector's stocks also faced pressure, with major players like Galaxy Entertainment (down 2.09%), Melco International Development (down 1.99%), and MGM China (down 1.23%) continuing their downward trend despite positive revenue forecasts for the second half of 2025 [16]

Company Overview - Bitcoin Depot is a leading BTM operator, simplifying cash-to-crypto conversion[20] - The company has installed 9,000 kiosks across North America and Australia[21] - Total transacted volume since inception is $32 billion, with 39 million transactions completed[21] - Q2 2025 Adjusted EBITDA reached $185 million[21] - TTM Q2 2025 Revenue is $608 million and Adjusted EBITDA is $61 million[21] Market Position and Growth - Bitcoin Depot holds a significant BTM market share in North America[21] - The company operates in 48 US states, DC, 10 Canadian provinces, and 6 Australian provinces[21,58] - The company's kiosks address over 64% of the US population[58] - The global Bitcoin ATM market has grown significantly, reaching 38,738 BTMs in 2025[48] Strategic Partnerships - Bitcoin Depot is Circle K's exclusive BTM provider, with over 900 kiosks deployed across the US and Canada as of March 2025[61,65] - The company partners with major retailers, expanding customer reach with limited capital expenditure[61,78]

8月12日，龙运国际(MATH)开盘上涨5.07%，截至21:30，报2.9美元/股，成交5846.0美元，总市值1.15亿 美元。 财务数据显示，截至2025年03月31日，龙运国际收入总额4456.73万美元，同比增长165.86%；归母净利 润1589.48万美元，同比增长531.99%。 资料显示，Metalpha Technology Holding Limited(曾用名:龙运网络科技有限公司)在中国提供供应链管理 平台服务。该公司还提供加密货币衍生产品服务,包括在加密货币相关产品上做市,并与客户合作创建专 门定制的工具,使经验丰富的投资者能够建立或平仓投资头寸或采取对冲策略。 本文源自：金融界 作者：行情君 ...

Core Viewpoint - Longyun International (MATH) has shown significant financial growth, with a notable increase in both revenue and net profit, indicating strong performance in the supply chain management and cryptocurrency derivative services sectors [1]. Financial Performance - As of March 31, 2025, Longyun International reported total revenue of $44.57 million, representing a year-on-year growth of 165.86% [1]. - The company's net profit attributable to shareholders reached $15.89 million, marking a substantial increase of 531.99% compared to the previous year [1]. Company Overview - Metalpha Technology Holding Limited, formerly known as Longyun Network Technology Co., Ltd., provides supply chain management platform services in China [1]. - The company also offers cryptocurrency derivative services, including market-making on cryptocurrency-related products and collaborating with clients to create customized tools for experienced investors to establish or close investment positions or implement hedging strategies [1].