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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.

Indonesian Crypto Exchange Ensures Compliance With Biometric Security-Based Wallet

Cory Russell

May 11, 2022 10:37

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According to statistics site CoinMarketCap, crypto assets have lost about $800 billion in market value in the last month, reaching a low of $1.4 trillion on Tuesday, as the end of free monetary policy dampens desire for risk assets.


According to statistics site CoinMarketCap, crypto assets have lost about $800 billion in market value in the last month, reaching a low of $1.4 trillion on Tuesday, as the end of free monetary policy dampens desire for risk assets.


Bitcoin, which accounts for roughly 40% of the cryptocurrency market, fell to a 10-month low on Tuesday before rebounding to $31,450, only six days after hitting $40,000. It was down more than 54% from its all-time high of $69,000 on November 10th.


Prices of digital assets have fallen, reflecting a drop in stocks on worries of aggressive interest rate rises throughout the world to combat decades-high inflation. The Nasdaq, which is heavily weighted in technology, was down 28% from its all-time high in November 2021.


According to CoinMarketCap, the total crypto market worth was $2.2 trillion on April 2, down from an all-time high of $2.9 trillion in early November.


"Bitcoin remains closely tied to larger economic circumstances, implying that the road ahead may regrettably be bumpy, at least for the time being," stated blockchain data firm Glassnode in a note.


Investors were also alarmed by signs of weakness in stablecoins, which are normally a safer crypto currency. TerraUSD, the fourth-largest stablecoin in the world, lost a third of its value on Tuesday after losing its dollar peg.


According to a study issued on Monday by digital asset management Coinshares, despite bitcoin's price drop, funds and products related to it saw inflows of $45 million last week as investors took advantage of market weakness.


"An enormous amount of liquidity has inflated some of these cryptocurrencies," said Nordea Asset Management's senior macro analyst, Sebastien Galy. As various central banks tighten their monetary policies, he expects crypto, which is also tied to high-growth equities, will face pressure.

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