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On February 26th, Hengyunchang announced that its total operating revenue in 2025 was RMB 530.2506 million, a slight decrease of 1.95% compared to the same period last year; net profit attributable to owners of the parent company was RMB 114.3791 million, a decrease of 19.19% compared to the same period last year; and net profit attributable to owners of the parent company after deducting non-recurring gains and losses was RMB 105.0726 million, a decrease of 18.53% compared to the same period last year. During the reporting period, the company continued to expand its market and its business continued to develop. Affected by short-term fluctuations in the semiconductor industry, downstream semiconductor equipment customers dynamically adjusted their procurement volume based on the number of wafer fab orders they received, the progress of product verification and introduction, and the delivery and acceptance rhythm, which led to slight fluctuations in their procurement from the company.NIO-SW (09866.HK): The company will publish its fourth quarter and fiscal year 2025 results on the website of The Stock Exchange of Hong Kong Limited and the companys website on March 10, 2026.February 26th - NIO-SW (09866.HK) announced that the company and its subsidiary GeniTech Co., Ltd. have entered into a definitive agreement with certain Chinese investors (GeniTech Investors), pursuant to which GeniTech Investors will subscribe for newly issued shares of GeniTech for a total of RMB 2.257 billion in cash. GeniTech is primarily responsible for NIOs intelligent driving chip business.The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 3.1 occurred near Seda County, Ganzi Prefecture, Sichuan Province at 17:26 on February 26. The final result is subject to the official rapid report.The Kremlin stated (regarding the meeting between Putin and the Prime Minister on economic issues) that such meetings are held regularly. The decline in oil and gas revenues has been partially offset by growth in non-energy revenues.

The Bogged-down Crypto Market

Cory Russell

Oct 08, 2022 14:09

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The market remained inside the range that has been in place since the second half of September once again as a result of the 50-day moving average in BTCUSD acting as local resistance.


At the time of writing, Bitcoin was trading slightly under $20K, down 1.9% over the previous day.


Investors in the cryptocurrency market have been deterred from purchasing as a result of a rapid rise in stock markets that has slowed down in recent days due to uncertainty. The market's capitalization dropped 1.6% over night to $956.

News context

We've lately seen some stability in the bitcoin market, according to Sam Bankman-Fried, CEO of the cryptocurrency exchange FTX. But when the Fed's monetary policy becomes more restrictive, it has an impact on all assets, leading cryptocurrencies as well as fiat money and stock indices to change.


Hoarders have amassed a record 13.7 million coins, or 71.5% of the whole BTC supply, according to Ark Invest, purchasing the cryptocurrency that has been falling since the spring. Additionally, vendors have almost reached the limits of their ability to sell.


Due to a higher dollar last week, the connection between bitcoin and gold hit its highest point in more than a year, according to Kaiko. Despite a Fed rate rise, gold and bitcoin failed to exert their role as haven assets.


The huge centralized and regulated Binance and Coinbase will be the main targets of the EU's ban on Russian cryptocurrency wallets, which may increase demand in smaller exchanges with laxer KYC but generally increase the danger of more active cryptocurrency sales.

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