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NIO (09866.HK) rose more than 3%. The ES 8 technology launch conference is scheduled for today, and pre-sales will start simultaneously.On August 21st, Bocom International published a research report stating that Pop Mart (09992.HK) had strong first-half performance. The bank raised its profit forecast for 2025-27 by 39-49% and raised its target price to HK$394. The company remains the banks top pick in the consumer sector, and the bank remains optimistic about its IP operational capabilities and global expansion, reiterating its "buy" rating. The report indicates that the companys performance achieved explosive growth in the first half of 2025, with revenue of RMB 13.88 billion (the same below), a year-on-year increase of 204.4%, and adjusted net profit attributable to shareholders of the parent company reaching RMB 4.71 billion, a significant year-on-year increase of 362.8%. Gross profit margin and adjusted net profit margin increased by 6.3 and 11.6 percentage points year-on-year to 70.3% and 33.9% respectively.On August 21, local time, UN Secretary-General António Guterres issued a statement through his spokespersons office, strongly condemning Israels decision to approve the construction of over 3,400 housing units in the West Banks "E1 Area." Secretary-Generals spokesperson Stephane Dujarric issued a statement stating that Israels new settlement housing plan violates international law and is contrary to relevant UN resolutions. The statement emphasized that advancing this project poses a threat to the "two-state solution," will result in the division of the West Bank into north and south, and seriously undermine the territorial coherence of the Occupied Palestinian Territory.Cambrians stock price rose by more than 3.75% at the opening, and its share price continued to hit a record high, with a market value of 440 billion yuan.The yield on 20-year Japanese government bonds rose to 2.655%, the highest level since November 1999.

Crypto Market Daily Highlights - ETH Extends Winning Streak to Eight

Daniel Rogers

Jan 16, 2023 10:52

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The top ten cryptocurrencies had a mixed Sunday session, with ETH bucking the trend while the larger market ended a seven-day losing streak. Profit-taking and regulatory risk contributed to a turbulent Sunday session. The crypto market cap declined by $0.881 billion to close the day at $938.70 billion. It was a mixed afternoon for the crypto top 10 on Sunday. ETH bucked the top ten trend. Notably, BTC revisited $21,000 for the second time since November 7 and the bankruptcy of FTX.

 

On Sunday, neither external market forces nor crypto market catalysts contributed to the eight-session winning streak. With the US markets closed today, profit-taking left the larger crypto market with a small loss.

 

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Regulatory risk almost certainly contributed to the decline. On Thursday, US politicians were back in the spotlight. Reportedly, House Republicans intend to form a Subcommittee to oversee the digital asset market.

 

The disclosure coincides with the SEC bringing accusations against Genesis and Gemini for the unregistered offer and sale of crypto asset securities through the Gemini Earn lending program.

 

There are currently no US economic indicators for investors to evaluate. The lack of statistics will leave the crypto market to the discretion of crypto news outlets and FOMC member talk. Regulatory noise and hawkish FOMC member rhetoric may test current buyer appetite.

 

This week, US business earnings, economic indicators, and FOMC member talk will likely affect investor sentiment, as measured by the NASDAQ Index. Bets on a 25-basis-point Fed rate hike and a decline in FTX contagion risk continue to support the crypto market.


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