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The yield on Japans 40-year government bonds fell 4.5 basis points to 3.610%.Hong Kong stocks saw the Hang Seng Index rise over 1% in the afternoon, while the Hang Seng Tech Index gained nearly 2%. Baidu (09888.HK) surged over 8%, Horizon Robotics (09660.HK) jumped over 5.5%, CNOOC (00883.HK) and SMIC (00981.HK) both rose over 4%, and PetroChina (00857.HK), Zijin Mining (02899.HK), and Geely Automobile (00175.HK) all climbed over 3%.On December 30th, He Xiaopeng, Chairman of XPeng Motors, posted on Weibo that he recently spent four hours test-driving Teslas FSD V14.2 in the United States. In short, if FSD was only a "good L2 assisted driving" in 2024, the latest version shows that L4 autonomous driving is just around the corner. "What impressed me most was Teslas mass-produced vehicles and the Robotaxi currently in trial operation, all achieved with a single set of autonomous driving software! This is precisely the trend I saw when XPeng switched to VLA2.0. I believe that in 2026, whether in the US or China, the next generation of truly fully autonomous driving will arrive, directly from L2 to L4 (L3 has been skipped). In other words, XPengs Ultra version will achieve fully next-generation autonomous driving, also using the same model for Robotaxi," He Xiaopeng wrote.On December 30, 2025, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, stated at the 2025 International Situation and Chinas Diplomacy Symposium that the China-US relationship is one of the most important bilateral relationships in the world today. The strategic choices of both China and the US influence the direction of world history. Over the past year, we have adhered to viewing and handling our relations with the US from the perspective of our own overall and long-term interests and those of the world. We have maintained a firm and clear stance on major principled issues, and have been resolute and uncompromising on issues involving Chinas core interests. At the same time, we have engaged in dialogue and cooperation with the US, urging the US to view China rationally and objectively, and to resolve differences through consultation and dialogue. Wang Yi said that the practice of the development of China-US relations over the past year shows that mutual respect, peaceful coexistence, and win-win cooperation are key to the stable development of China-US relations and their benefit to the world. Cooperation between China and the US benefits both sides, while confrontation harms both. A condescending attitude is not a viable path, and inconsistency between words and deeds is unacceptable. China and the US must find ways to resolve their respective concerns on the basis of equality, respect, and mutual benefit, and explore the correct way for two major powers to coexist.On December 30, 2025, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, stated at the 2025 International Situation and Chinas Diplomacy Symposium that the Taiwan issue is Chinas internal affair and is the core of Chinas core interests. Regarding the continuous provocations by "Taiwan independence" forces and the large-scale arms sales to Taiwan by the United States, we must resolutely oppose and forcefully counter them. This year marks the 80th anniversary of Taiwans return to the motherland. Achieving the complete reunification of the motherland is a historical mission we must fulfill, as it involves safeguarding national sovereignty and territorial integrity in accordance with the law. We have seen more and more countries standing with China, not only reaffirming their adherence to the one-China principle and recognizing Taiwan as Chinese territory, but also explicitly opposing all "Taiwan independence" separatist activities and supporting Chinas reunification cause. Any attempt to obstruct this historical trend will inevitably end in failure.

New FTX chief says bankrupt crypto exchange could restart

Skylar Shaw

Jan 20, 2023 11:43

According to Chief Executive Officer John Ray, the bankrupt cryptocurrency exchange FTX is considering ways to resurrect its operations. He made the announcement to the Wall Street Journal on Thursday.


According to Ray, who took over the company's leadership in November, a task group has been established to look at reviving FTX.com, the organization's primary international exchange.


The CEO also said in an interview with the Journal that he would research if resurrecting FTX's international exchange would generate more value for the company's clients than his team could get by simply selling the platform or liquidating its assets.


Following the news, FTT, the native token of FTX, increased by around 30%.


I'm relieved Mr. Ray is now only pledging to restart the exchange after months of blocking such attempts! Sam Bankman-Fried, the founder and former CEO of FTX, said in a tweet.


Bankman-Fried said, "I'm still waiting for him to eventually acknowledge FTX US is solvent and return clients' money.


An inquiry for comment from Reuters was not immediately answered by an attorney representing FTX.


Bankman-Fried is accused of robbing the exchange's users of billions of dollars to settle debts accrued by his cryptocurrency-focused hedge fund, Alameda Research. He's denied the allegations of fraud.


Customer money' future, however, is still unknown. In a note to creditors earlier this week, FTX said that since declaring bankruptcy in November, hackers had stolen nearly $415 million in cryptocurrency from its worldwide and American exchanges.