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On January 16th, Roborock Technology announced that it is currently working on its application to issue overseas listed shares and list on the Main Board of the Hong Kong Stock Exchange. The Listing Committee of the Hong Kong Stock Exchange will hold a listing hearing on January 15, 2026, to review the companys application for this offering. The joint sponsors of the companys offering received a letter from the Hong Kong Stock Exchange on January 16, 2026, stating that the Listing Committee has reviewed the companys listing application, but this letter does not constitute formal listing approval, and the Hong Kong Stock Exchange still reserves the right to provide further comments on the companys listing application.According to CCTV: Li Qiang chaired an executive meeting of the State Council to make arrangements for clearing overdue payments to enterprises and ensuring the payment of wages to migrant workers.According to CCTV: Li Qiang chaired an executive meeting of the State Council, where he heard a report on the progress of the special campaign to boost consumption and studied measures to accelerate the cultivation of new growth points in service consumption.On January 16th, KunCai Technology announced that the company and relevant responsible persons recently received a "Decision on Taking Corrective Measures Against Fujian KunCai Materials Technology Co., Ltd. and Issuing Warning Letters to Xie Bingkun and Fang Fei" issued by the Fujian Regulatory Bureau of the China Securities Regulatory Commission. The reasons for the discrepancies are as follows: In 2024, the company delayed the transfer of some buildings, machinery, and equipment to fixed assets and under-accrued depreciation, which did not comply with Articles 9 and 14 of the "Accounting Standard for Business Enterprises No. 4—Fixed Assets"; In 2024, the companys inventory impairment provision for some models of pearlescent products was inaccurate, which did not comply with Article 15 of the "Accounting Standard for Business Enterprises No. 1—Inventories". These two matters resulted in inaccurate disclosure of relevant financial data in the companys 2024 annual report.On January 16, Xiaomi repurchased 5.9 million Class B shares for HK$219.1 million.

DOGE Eyes a Return to $0.0850 to Aim for $0.090 as FTX Contagion Declines

Daniel Rogers

Nov 23, 2022 15:37

截屏2022-11-23 下午2.24.11.png 

 

On Tuesday, both Dogecoin (DOGE) and shiba inu coin (SHIB) snapped two-day losing streaks. FTX contagion risk diminished as word of FTX cash holdings and investor interest in FTX assets spread. However, technical indications remain gloomy, with exponential moving averages (EMAs) predicting additional declines.

 

On Tuesday, dogecoin (DOGE) gained 5.23 percent. Reversing Monday's loss of 2.99%, DOGE ended the day at $0.0785. Notably, DOGE closed the day below $0.0800 for the third session in a row.

 

The mid-morning low for DOGE was $0.0729. Avoiding the First Major Support Level (S1) at $0.0715, DOGE climbed to a high of $0.0796 in the early afternoon. At $0.0774, DOGE surpassed the First Major Resistance Level (R1) before retreating. However, a late surge caused DOGE to surpass R1 and close the day at $0.0785.

 

You should only trade with capital that you can afford to lose while trading derivatives. The trading of derivatives may not be suitable for all investors; thus, you should ensure that you fully comprehend the risks involved and, if necessary, seek independent counsel. Before entering into a transaction with us, a Product Disclosure Statement (PDS) can be received through this website or upon request from our offices and should be reviewed. Raw Spread accounts offer spreads as low as 0 pips and a commission rate of $3.50 per 100,000 USD traded. Spreads on standard accounts begin at 1 pip with no additional commission fees. CFD index spreads begin at 0.4 points. This information is not intended for inhabitants of any country or jurisdiction where distribution or use would violate local law or regulation.

 

On Tuesday, the price of Shiba inu coin (SHIB) increased by 4.76 percent. SHIB closed the day at $0.000000881, reversing Monday's decline of 4.21%.

 

In line with the larger market, SHIB reached a low of $0.00000817 during midmorning. Finding support at the First Major Support Level (S1) at $0.00000816, SHIB surged to a high of $0.00000883 by early afternoon. At $0.00000873, SHIB surpassed the First Major Resistance Level (R1) and closed the day at $0.00000881.

 

FTX contagion risk diminished on Tuesday, providing assistance to DOGE, SHIB, and the broader market. Updates on FTX's assets revealed a substantial cash position, which would mitigate the impact of the company's bankruptcy on its creditors.

 

Reports that Justin Sun of Tron and Brad Garlinghouse of Ripple are interested in FTX assets generated additional support.

 

Nonetheless, Twitter news remained unfavorable for DOGE. There was no new information on Twitter's resumption of the crypto integration project that would promote DOGE adoption.

 

However, investor sentiment increased significantly this morning. Risk of FTX contagion remains the primary motivator. Until the court reveals who FTX's creditors are, downside risks will persist. On Tuesday, the bankruptcy judge ruling over FTX decided to redact the identities of FTX's creditors.

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