Market Performance - Hang Seng Index (恒指) fell by 205 points or 0.8%, closing at 25,952 points[1] - Shanghai Composite Index (滬指) decreased by 16 points or 0.4%, ending at 3,960 points[1] - S&P 500 dropped by 80 points or 1.2%, closing at 6,771 points[2] Trading Volume - Total market turnover in Hong Kong was 239.986 billion HKD[1] - A-shares trading volume reached 852.9 billion CNY for Shanghai Composite and 1.06 trillion CNY for Shenzhen Composite[1] Currency and Monetary Policy - People's Bank of China conducted a 117.5 billion CNY reverse repo operation at a rate of 1.4%[1] - The RMB/USD midpoint was adjusted down by 18 points to 7.0885[1] Automotive Sales - Tesla's sales in China fell by 9.93% year-on-year, delivering 61,497 vehicles[3] - BYD's sales decreased by 12.7% year-on-year, with 436,900 vehicles delivered[3] - Geely's new energy vehicle sales surged by 63.6% year-on-year, reaching 177,900 vehicles[3] Corporate Earnings - Yum China reported Q3 revenue of 3.206 billion USD, a 4% increase year-on-year, with net profit down 5% to 282 million USD[3] - Country Garden's contract sales in October amounted to approximately 2.9 billion CNY, a 33% year-on-year decline[3]

Cryptocurrency Exchange Platforms - Bybit is highlighted as suitable for technical analysis [1] - Binance is mentioned for spot trading with up to 40% fee reduction [1] - OKX is noted as a reliable platform with low fees [1] - Bitget is promoted for copy trading, especially for beginners [1] Educational Resources and Community - Free one-month membership trial available upon registration and deposit (or reactivating old accounts) [1] - Customer support is available via Discord community (@tiahelper) [1] - Additional resources include a Twitter account, courses, and a Telegram channel [1] Market Analysis and Trading Strategies - Focus on technical analysis, including Dow Theory, Wave Theory, Fibonacci, Harmonic Patterns, and Natural Trading Theory [1] - Mentions of Gann Theory and references to classic trading literature like "Reminiscences of a Stock Operator" by Jesse Livermore [1] Cryptocurrency and Market Focus - Discussion of Bitcoin, Ethereum, and other cryptocurrencies like Dogecoin, Solana, Cardano, BNB, XRP, DOT, AVAX, LUNA, and UNI [1] - Mentions of Bitcoin contracts, options, and ETFs [1] - Includes hashtags related to Bitcoin halving in 2024, price predictions, and daily analysis [1]

Market Overview - The US stock market showed signs of stabilization after fluctuations, with technology stocks continuing to weaken due to US-China trade tensions [7] - Gold prices reached a new high, with spot gold rising to $4,179.7 per ounce as safe-haven investments surged [7] - The yield on 10-year US Treasury bonds fell to 3.9976%, increasing expectations for interest rate cuts [7] Key International News - SoftBank's PayPay plans to IPO in the US by December, with a valuation expected to exceed 3 trillion yen (approximately 153.4 billion HKD) [9] - Concerns over the US-China trade war continue, impacting market sentiment, with the Dow Jones dropping 615 points at one point before recovering [9] - Major US banks reported strong earnings, with JPMorgan's Q3 profit up 11.59% year-on-year, Goldman Sachs up 38.8%, and Citigroup up 15.9% [9] Key Economic Data - China's consumer price index (CPI) for September showed a year-on-year decrease of 0.2%, while the producer price index (PPI) fell by 2.3% [19] - The Eurozone's industrial production for August decreased by 1.6% month-on-month and by 0.1% year-on-year [19] Company Analysis - The report highlights the performance of specific companies, such as: - **Blucactus (325)**: Reported revenue of RMB 1.338 billion for H1 2025, a year-on-year increase of 27.9%, driven by increased sales of building block toys and new product launches [21] - **China Merchants Bank (3968)**: Leading in retail finance and wealth management, with stable growth in retail deposits and loans, contributing to steady profit sources [21] - **Weichai Power (2338)**: Expected Q3 revenue of approximately RMB 55.894 billion, a year-on-year growth of 13%, with improved profitability due to a recovery in the heavy truck market [21] Stock Performance - The Hang Seng Index closed at 25,441.35, down 448.13 points or 1.73%, marking a decline of 1,846 points (6.7%) over seven consecutive trading days [13] - The Hang Seng Technology Index fell by 3.62%, while the Hang Seng China Enterprises Index decreased by 1.55% [13]

Cryptocurrency Exchange Platforms - Bybit is highlighted as suitable for technical analysis [1] - Binance is mentioned for spot trading with up to 40% fee reduction [1] - OKX is noted as a reliable platform with low fees [1] - Bitget is promoted for copy trading, especially for beginners [1] Educational Resources and Community - Free one-month membership trial available upon registration and deposit (or reactivating old accounts) [1] - Customer support is available via Discord community (@tiahelper) [1] - Additional resources include a Twitter account, courses, and a Telegram channel [1] Market Analysis and Trading Strategies - Focus on technical analysis, including Dow Theory, Wave Theory, Fibonacci, Harmonic Patterns, and Natural Trading Theory [1] - Mentions of Gann Theory and references to classic trading literature like "Reminiscences of a Stock Operator" by Jesse Livermore [1] Cryptocurrency and Market Focus - Discussion of Bitcoin, Ethereum, and other cryptocurrencies like Dogecoin, Solana, Cardano, BNB, XRP, DOT, AVAX, LUNA, and UNI [1] - Mentions of Bitcoin contracts, options, and ETFs [1] - Includes hashtags related to Bitcoin halving in 2024, price predictions, and daily analysis [1]

Investment Opportunities - Ethereum is presented as a pivotal turning point in financial history [1] - The document highlights the investment potential of Ether (ETH) [1] - Binance exchange offers a 20% fee reduction for Ether trading [1] Risk Disclosure - Cryptocurrency market is a high-risk investment [1] - The content provided is for informational and personal opinion sharing purposes only, and does not constitute any investment, solicitation, or financial advice [1] Cryptocurrency Exchanges - Binance is mentioned as the world's largest exchange [1] - Bitopro and Max are listed as New Taiwan Dollar (TWD) exchanges with fee reductions [1] - OKX, Pionex, and Bitget are listed as international exchanges offering fee reductions [1] Ethereum Overview - Ethereum is described as "digital oil" [1] - The document outlines the history of Ethereum, including its origins, core team departures, and community splits [1] - Ethereum is presented as a "Blockchain 2.0" revolution [1]

Cryptocurrency Exchange Platforms - Bybit is highlighted as suitable for technical analysis [1] - Binance is mentioned for spot trading with up to 40% fee reduction [1] - OKX is noted for its longevity, reliability, and low fees [1] - Bitget is promoted for copy trading, especially beneficial for beginners [1] Educational Resources and Community - Free one-month membership trial is offered upon registration and deposit (or reactivating old accounts) [1] - Discord community support is available via @tiahelper [1] - Resources include a Twitter account, online courses, and a Telegram channel [1] Trading and Investment Topics - The document references various technical analysis concepts such as Dow Theory, Elliott Wave Theory, Fibonacci, Harmonic Patterns, and Gann Theory [1] - It also mentions trading strategies like bottom fishing, going long, going short, and hedging [1] - The content includes hashtags related to Bitcoin halving in 2024, Bitcoin ETFs, and general cryptocurrency market analysis [1] Cryptocurrencies Mentioned - Specific cryptocurrencies mentioned include Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Cardano (ADA), Binance Coin (BNB), Ripple (XRP), Polkadot (DOT), and Avalanche (AVAX) [1]

Market Trends & Industry Dynamics - The crypto finance revolution is likened to a slow-moving process, emphasizing the gradual integration and impact of cryptocurrencies [1] - The report analyzes the implications of weak employment figures on the crypto market [1] - Discussion of short-term benefits versus long-term risks in the cryptocurrency space [1] - Analysis of Trump's dinner with CEOs and its potential impact on the crypto market [1] - Introduction of ERC 8004, an AI standard on the Ethereum blockchain [1] Investment Opportunities & Potential Risks - Monitoring of Bitcoin and Ethereum ETF inflows and outflows [1] - Coverage of major news events in the cryptocurrency sector [1] - Examination of key dates and events in the crypto calendar [1] Educational Resources & Tools - Provides links to resources for learning about cryptocurrency, including videos on buying crypto with New Taiwan Dollars (TWD), understanding blockchain transfers, perpetual contracts, and grid trading [1] - Recommends cryptocurrency exchanges with fee reductions, such as Bitopro, Max, OKX, Binance, Pionex, and Bitget, with fee reductions of 20% [1] - Lists useful websites for crypto news and data, including Coindesk, The Block, Cointelegraph, PA News, Odaily, Chainee, Deep Tide, Chain News, BlockTempo, Blockcast, Zombit, Fear & Greed Index, Stablecoin data, Bitcoin ETF data, and macroeconomic calendars [1]

Market Analysis & Trends - Ethereum reached a historical high point [1] - Ethereum's trading volume historically surpassed Bitcoin for the first time [1] - Discussion of potential altcoin opportunities [1] - Analysis of the Fear and Greed Index [1] Macroeconomic Factors - Discussion of the possibility of the Federal Reserve easing monetary policy (Powell's "dovish" stance) [1] - Examination of objective interest rate cut probabilities [1] Cryptocurrency Market Infrastructure - Overview of proposed crypto market structure legislation [1] - Mentions of Digital Euro, Ethereum (ETH), or Solana (SOL) [1] - Discussion of key events scheduled for the week [1] Educational Resources & Tools - Links to New Taiwan Dollar (TWD) cryptocurrency purchasing tutorials [1] - Introduction to cryptocurrency financial management [1] - Explanation of blockchain transfers [1] - Explanation of perpetual contracts [1] - Explanation of grid trading [1] - List of useful websites for cryptocurrency information, including Coindesk, The Block, Cointelegraph, PA News, Odaily, Chainee, Deep Tide, Chain News, BlockTempo, Blockcast, Zombit [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告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 （股份代號：1328） GOLDSTREAM INVESTMENT LIMITED 自願公告 虛擬資產持有量 本公告乃由金涌投資有限公司（「本公司」，連同其附屬公司統稱「本集團」）自願作出， 以通知本公司股東及潛在投資者有關本公司最近期之業務發展。茲提述本公司日期為 2025年7月28日及2025年8月8日內容有關虛擬資產投資計劃的公告。 虛擬資產持有量 本公司（「董事」）會（「董事會」）謹此告知本公司股東及潛在投資者，截至本公告日期， 本集團持有752.4131個以太幣，總成本約2,967,835.84美元，每個以太幣的平均成本約為 3,944.42美元。 –1– 本公司股東及潛在投資者務請注意，本集團根據虛擬資產投資計劃購買╱出售的任何虛 擬資產將取決於市場狀況，並由本集團酌情決定。虛擬市場具波動特性，虛擬資產的價 格可能會出現波動。概不保證本集團購買╱出售任何虛擬資產的時間安排、數量、類型 或價格。 ...

Cryptocurrency Exchange Platforms - Bybit is highlighted as suitable for technical analysis [1] - Binance is mentioned for spot trading with up to 40% fee reduction [1] - OKX is noted as a reliable platform with low fees [1] - Bitget is promoted for copy trading, especially for beginners [1] Educational Resources and Community - Free one-month membership trial available upon registration and deposit (or reactivating old accounts) [1] - Customer support is available via Discord community (@tiahelper) [1] - Additional resources include a Twitter account, courses, and a Telegram channel [1] Market Analysis and Trading Strategies - Focus on technical analysis, including Dow Theory, Wave Theory, Fibonacci, Harmonic Patterns, and Natural Trading Theory [1] - Mentions of Gann Theory and references to classic trading literature like "Reminiscences of a Stock Operator" by Jesse Livermore [1] Cryptocurrency and Market Focus - Discussion of Bitcoin, Ethereum, and other cryptocurrencies like Dogecoin, Solana, Cardano, BNB, XRP, DOT, AVAX, LUNA, and UNI [1] - Mentions of Bitcoin contracts, options, and ETFs [1] - Includes hashtags related to Bitcoin halving in 2024, price predictions, and daily analysis [1]