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June 26 - Default protection costs for euro-denominated high-yield corporate bonds rose as concerns about the technology sector weakened market sentiment. The market is worried about high memory chip prices and their impact on the profitability of technology companies. According to S&P Global Market Intelligence data, the iTraxx Europe Crossover Index for euro high-yield credit default swaps rose 1 basis point to 248 basis points.On June 26th, according to the National Enterprise Credit Information Publicity System website, Shenzhen Jinyuchengda Industrial Investment Co., Ltd. was listed as an abnormal business entity by the Luohu Regulatory Bureau of the Shenzhen Municipal Market Supervision Administration on June 18th, 2026, because it could not be contacted at its registered address or business premises. It is understood that the company has issued a dissolution notice, and the company resolved to dissolve itself at a shareholders meeting held on July 2nd, 2025. According to Tianyancha App, the company was established in July 2018, with Zhu Liren as its legal representative and a registered capital of approximately 2.49 billion RMB. Its business scope includes investment in industrial enterprises, information consulting, property management, and domestic trade, and it is wholly owned by Evergrande Real Estate Group (Shenzhen) Co., Ltd.On June 26th, it was announced at a press conference held by the State Administration for Market Regulation that the national standards series "Interconnection of Intelligent Agents in Artificial Intelligence" have been officially released. The seven national standards in this series comprehensively cover core aspects such as overall architecture, identity codes, identity management, intelligent agent description, intelligent agent discovery, intelligent agent interaction, and intelligent agent tool invocation. They systematically establish a closed-loop standard specification system covering "identity identification—capability description—supply and demand discovery—collaborative interaction—tool invocation," effectively filling the standard gaps in this field. Through the unified architecture and interaction rules of this series of standards, enterprises can reuse standard components, reduce customized development, and shorten product launch cycles; simultaneously, a unified identity authentication and full-process traceability mechanism is established, solidifying the institutional foundation for cross-domain trusted and secure interaction.On June 26th, Pop Mart (09992.HK) officially launched its flagship IP LABUBU "Retro Barber Shop" blind box series online last night (June 25th). As a former top-tier trendy toy, the LABUBU series is known for its strong market performance, selling out instantly upon release and commanding significant premiums on the secondary market. However, this new release has defied expectations, with many regular models quickly falling below the official retail price after launch, a rare phenomenon of price drops.The German DAX index fell by 1.00% on the day.

XRP Leads Binance-Fueled Rebound

Steven Zhao

Nov 15, 2022 16:44

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The top ten cryptocurrency exchanges had a bullish Monday session. BTC increased for the second time in nine sessions, with XRP taking the lead. Notably, BTC fell below $17,000 for the fourth time since 2020 at the close of the day.


Early on in the day, investor sentiment was still being affected by market anxiety over FTX's downfall.


However, the market quickly recovered after hearing that Binance was introducing a cryptocurrency recovery fund. Fear of a pandemic was reduced by the recovery fund. The crypto market was under $800 billion, which led to a robust buying demand.


The markets, however, will probably require more information to support a consistent recovery of the losses from last week. The NASDAQ Composite Index, which finished the day with a loss of 1.12%, and the crypto market continued to dissociate from one another.


Prior to today's wholesale inflation statistics, the NASDAQ was negatively impacted by the Fed's conflicting policy signals. The NASDAQ Mini gained 36 points this morning.