EUR/USD
1.13629
0.042%
Gold
3991.61
-0.185%
Oil
69.752
0.003%
USD/JPY
161.804
0.010%
GBP/USD
1.31873
0.154%
GBP/JPY
213.378
0.165%
Real-time News
U.S. Secretary of State Rubio: We want to ensure that any decisions made in this agreement take into account the interests of our allies.On June 25th, the Hurun Research Institute released the "2026 Global Unicorn List" in Guangzhou. The top three unicorns all focus on large-scale modeling businesses: Anthropic, the parent company of Claude, became the worlds most valuable unicorn, valued at RMB 6.6 trillion, with a single-year increase of RMB 6.1 trillion, setting a record on the Hurun Unicorn List; OpenAI, the parent company of ChatGPT, ranked second with a value of RMB 5.8 trillion; and ByteDance, the parent company of Doubao, ranked third with a value of RMB 3.3 trillion. DeepSeek topped the list of 308 newly minted unicorn companies globally and ranked among the top 15 global unicorn companies with a value of RMB 340 billion. The second-ranked newly minted unicorn company is Project Prometheus, a physical artificial intelligence company co-founded by Jeff Bezos (valued at RMB 258 billion), and the third-ranked company is Kalshi, a US-based compliant prediction market (valued at RMB 150 billion).On June 25th, C-Zhenbao stated on its interactive platform that the companys main products are silicon, quartz, silicon carbide, and alumina ceramic semiconductor equipment components. These products are widely used in integrated circuit plasma etching and thin-film deposition equipment, and are compatible with advanced manufacturing lines for memory and logic chips. Regarding overseas customer expansion, the company has achieved stable batch supply to foreign wafer manufacturers such as SK Hynix; it has also established business partnerships with well-known international manufacturers such as Micron Semiconductor, although large-scale sales have not yet been achieved.UBS Group: Palladium prices are expected to fall to $1,100 per ounce in the coming months.June 25th - According to US media reports, SK Hynix is expected to issue American Depositary Receipts (ADRs) on Nasdaq on July 10th. The IPO plans to raise nearly $30 billion, potentially becoming one of the largest ADR offerings in history. The market generally believes this move will significantly expand its global investor base and could drive a valuation reassessment. Several asset management firms predict a 30% upside potential in the next year if its valuation converges with Microns. One fund manager pointed out that SK Hynix should at least trade at a valuation level comparable to Microns, as demand for memory chips is likely to continue to exceed supply for years to come. This IPO comes during a rare boom in the memory chip industry. Shares of Micron, SK Hynix, and Samsung Electronics have all risen more than 200% this year, marking their best annual performance in decades. The demand for HBM (Hardware-Based Memory) in AI servers is widely seen as a driver of a structural "memory supercycle."
