📡 On-the-Hour Update | 20:00-21:00
1. Bitcoin rose 13.2% in a single day to $77,580. Ethereum broke through $2,388, driven by U.S. Treasury repurchase activity, ETF fund inflows, and a $2.7 billion short squeeze.
2. Yangtze Memory’s STAR Market IPO has been accepted for review. In Q1 2026, revenue is RMB 47.042 billion, with attributable net profit of RMB 33.379 billion. The company plans to raise about $4.9 billion.
3. Evergrande Real Estate was fined RMB 4.175 billion by the CSRC for financial fraud. Individual executive Hui Ka Yan was fined RMB 47 million and is banned for life from entering the securities market.
4. The Dutch Data Protection Authority fined Uber $966 million because its automated suspension system for drivers’ accounts violated EU data protection regulations.
5. Tesla recalled a total of 5.716 million vehicles due to issues with the logic control system for unlocking car doors.
6. The Cyberspace Administration of China (CAC) issued the “Action Plan for Promoting High-Quality Development of Cyberspace Information Enterprises (2026–2030).” The plan proposes multiple measures, including broadening financing channels, supporting listings, and breakthroughs in core technologies.
7. Apple has paid $17 billion in taxes to Ireland, related to an earlier tax ruling by the European Commission.
8. Nvidia will pay $6 billion to AI startup Poolside as part of a licensing and talent recruitment agreement.
1. Bitcoin rose 13.2% in a single day to $77,580. Ethereum broke through $2,388, driven by U.S. Treasury repurchase activity, ETF fund inflows, and a $2.7 billion short squeeze.
2. Yangtze Memory’s STAR Market IPO has been accepted for review. In Q1 2026, revenue is RMB 47.042 billion, with attributable net profit of RMB 33.379 billion. The company plans to raise about $4.9 billion.
3. Evergrande Real Estate was fined RMB 4.175 billion by the CSRC for financial fraud. Individual executive Hui Ka Yan was fined RMB 47 million and is banned for life from entering the securities market.
4. The Dutch Data Protection Authority fined Uber $966 million because its automated suspension system for drivers’ accounts violated EU data protection regulations.
5. Tesla recalled a total of 5.716 million vehicles due to issues with the logic control system for unlocking car doors.
6. The Cyberspace Administration of China (CAC) issued the “Action Plan for Promoting High-Quality Development of Cyberspace Information Enterprises (2026–2030).” The plan proposes multiple measures, including broadening financing channels, supporting listings, and breakthroughs in core technologies.
7. Apple has paid $17 billion in taxes to Ireland, related to an earlier tax ruling by the European Commission.
8. Nvidia will pay $6 billion to AI startup Poolside as part of a licensing and talent recruitment agreement.