欧洲真的在科技比拼上快要掉队了吗？ 有人说，今天的欧洲就像一个被时代抛在后面的老玩家，看着中国和美国在创新赛场上你追我赶，自己却束手无策。 这种焦虑不是凭空冒出来的，2025年诺贝尔经济学奖刚揭晓，三位得主——菲利普·阿吉翁、彼得·豪伊特和乔尔·莫基尔，直接给欧洲敲了警钟，意思就是： 别再犹豫了，快想办法追赶，否则连跟人家比试的资格都快没了。 欧洲现在的窘境，别说普通人，连那些经济学大师都看得明明白白。 你说半导体吧，荷兰有个ASML，但核心技术还是受制于美国。 美国要是哪天不愿意合作了，欧洲的半导体产业几乎立刻就得"歇菜"。 而中国这边，虽然也被美国封锁，但人家反而激发了自主创新的劲头，芯片、AI什么的都在往前冲。 欧洲倒好，技术分散，创新像散沙，连个能打的互联网巨头都没有，哪怕是数字支付，也远远落后于微信和支付宝的普及速度。 菲利普·阿吉翁的话很扎心。 他说，不能让中美在科技创新上占主导，欧洲得赶紧行动。 其实这话背后有个大背景，欧洲一直相信自己有制度优势，觉得自由竞争能带来最好的创新。 但现实是，成员国各自为政，钱也花得分散，结果就是科技成果无几，创新能力没多少，最后只能眼睁睁看着中美把全球市场瓜分。 ...

Investment & Market Expansion - PayPay acquired a 40% stake in Binance's Japan unit [1] - The investment aims to capitalize on Japan's growing cryptocurrency market [1]

Core Insights - Aurora Mobile (NASDAQ: JG) has announced a strategic partnership with HashNut to enhance the efficiency and commercialization of digital assets globally through stablecoin applications in Web3 payment and digital scenarios [1][2] - The collaboration aims to create a joint stablecoin payment solution targeting Chinese enterprises and global clients, focusing on compliance, security, and efficiency in digital payments and clearing infrastructure [1][2] Group 1: Partnership Details - The partnership will leverage HashNut's technology in on-chain fund management and smart contract payments to optimize digital payment experiences in overseas markets, achieving annual settlement volumes in stablecoins (USDT, USDC, etc.) at millions of dollars [1] - Both companies plan to explore stablecoin payment solutions in various sectors, including digital advertising, content export, in-app economies, and SaaS subscriptions, to promote the large-scale application of digital assets in cross-border business and emerging markets [1][2] Group 2: Strategic Goals - The collaboration will utilize Hong Kong's advantages in the global digital finance and stablecoin regulatory framework as a hub for deep cooperation with licensed stablecoin projects and local financial clearing networks [2] - The partnership aims to establish a more transparent and compliant fund circulation system, reinforcing Hong Kong's position as an international financial center and a hub for digital asset innovation [2] Group 3: Leadership Statements - Aurora Mobile's CEO, Luo Weidong, emphasized that HashNut's capabilities in transparent on-chain payments and smart contract custody will enhance the competitive digital payment experience for global clients [2] - HashNut's CEO, Edward Du, highlighted Aurora Mobile's strong foundation in the global developer ecosystem, big data, and enterprise services as crucial for the rapid implementation of stablecoin payments [2]

Investment Rating - The report assigns a "Buy" rating for the company, indicating that the stock price is expected to outperform the benchmark by more than 15% [8]. Core Views - The company reported a revenue of 7.745 billion RMB in 2025, a year-on-year decrease of 6.11%, while the net profit attributable to shareholders was 1.010 billion RMB, a slight increase of 0.59% [1]. - The first quarter of 2025 showed significant improvement, with a revenue of 1.896 billion RMB, representing a year-on-year growth of 8.92%, and a net profit of 311 million RMB, up 25.16% year-on-year [1]. - The company is strategically positioned to benefit from the internationalization of the RMB and the complexities of global trade, with a focus on comprehensive payment solutions [1]. - The overseas performance in 2024 was strong, with international revenue reaching 2.674 billion RMB, a year-on-year increase of 18.7%, accounting for 34.52% of total revenue [1]. - The company is actively integrating AI technologies into its products, enhancing capabilities in payment solutions and machine vision [1]. Financial Summary - The company’s total revenue is projected to grow from 8.250 billion RMB in 2023 to 10.431 billion RMB by 2027, with a compound annual growth rate (CAGR) of approximately 10.8% [2]. - The net profit attributable to shareholders is expected to increase from 1.004 billion RMB in 2023 to 1.671 billion RMB in 2027, reflecting a CAGR of 15.7% [2]. - The earnings per share (EPS) are forecasted to rise from 0.97 RMB in 2023 to 1.62 RMB in 2027, with corresponding price-to-earnings (P/E) ratios decreasing from 27.47 to 16.50 [2][3].

As filed with the U.S. Securities and Exchange Commission on September 27, 2024 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CURRENC GROUP INC. (Exact Name of Registrant as Specified in its Charter) Cayman Islands 6770 98-1602649 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification No.) 410 North B ...