I am very glad to meet CZ in Tokyo. This is his return to Japan after 7 years, and during this time, the entire industry has undergone tremendous changes.
At this event, I asked CZ a question: How do you view the on-chain of everything and the tokenization of stocks?
He replied: There have not yet been large-scale coin-stock products on the market. The possible reason is that each country and region has different policies, making it difficult for coin-stock investors to receive dividends and easily redeem stocks. There are also price differences during trading. However, projects on the chain are usually global in nature, which was a significant pain point back then.
Restrict areas or try to solve it?
But he reiterated that the trend of RWA cannot be stopped. $BNB
An 8-year veteran practitioner tells you: How to spend the industry's garbage time
The market has gradually become quiet recently. Many colleagues have expressed that they can’t see the direction clearly or are forced to be friends with time. This is actually not the first time. Looking back, since I entered the circle in 2016, I seem to have experienced four major garbage cycles. Although I often comfort myself in my heart that all this will pass, the positive cycle will come back, and liquidity will come back, but when we are really in the garbage time, we will feel more or less depressed or helpless. Winter in Zhongguancun. The first garbage time was when I entered the circle. At that time, the industry had just shifted from the cold winter of 2015 to the recovery period of 2016. OKCoin and Huobi, located in Zhongguancun, also stopped layoffs. The market was gradually recovering, and exchanges finally had positive income.
This new Beijing travel itinerary post the China-US summit
• On the flight to Beijing, enjoy some Chinese cuisine and sip on Diet Coke • After landing at Capital Airport, grab a Tiger Head tote bag • Check into the Four Seasons, Grand Hyatt, or Kempinski hotels • Stroll through Temple of Heaven Park and the Great Hall of the People • Experience a cashier-less supermarket and play ping pong with the locals
Finally locked in the deal just before the broadcast starts.
The broadcasting rights price for this World Cup in the Chinese region has just been revealed, officially set at $60 million. That's slashed by over 80% from the initial $300 million quote from the international football association.
Since this year's World Cup is being held in the Americas, the time zone difference made CCTV think that the previous $300 million broadcasting fee was way too high.
NVIDIA's boss Jensen Huang grabbed a cup of MiXue Ice City this afternoon.
This got the whole MiXue HQ buzzing; not just the CEO posting on social media, but the official account also whipped up a poster in the afternoon, themed around cooling down those GPUs.
The drink Jensen had was the Peach Four Seasons Spring, and it only costs 7 RMB for a large.
Here's a little-known fact: in the domestic market, you can actually apply to the three major telecom operators for a VPN cross-border business for your company. All you need is a copy of your business license, the legal representative's ID, your corporate account details, and a business proposal.
A few years back, the company I worked for, which had around 60 employees, had this qualification. We used a dedicated Asia-Pacific line that cost us over a hundred thousand RMB a year, shared among us all.
Now, with the push for going global and foreign trade, the prices have dropped significantly.
Xiaomi's Beijing factory just pulled the plug on tour bookings from May 13 to 22 this morning. Last month, the Prime Minister of Spain, the Crown Prince of the UAE, and the chairman of the Kuomintang all swung by the factory. The community is speculating that this is to prep for the upcoming visit from a delegation of U.S. corporate executives.
The OpenAI and Anthropic shares you bought OTC might be going to waste.
Anthropic and OpenAI, two leading AI model companies, suddenly updated their stock transfer policies yesterday. They stated that if shares were bought through unauthorized channels, the equity held could be rendered void.
At the same time, Anthropic released a blacklist that includes Forge and Hiive, two OTC equity platforms.
The updated page from Anthropic states that any stock sale or transfer not approved by the board is invalid. It's not a dispute, nor can it be revoked; it's directly deemed invalid by the officials.
OpenAI issued a similar statement that day, claiming any transfer without written consent is invalid, and this sale will not be recognized by OpenAI.
Currently, both Anthropic and OpenAI have released statements, but no new cases against OTC trading platforms have emerged yet.
A reporter caught a glimpse of Nvidia CEO Jensen Huang boarding Air Force One, debunking earlier media claims that he wasn't on the invite list.
Currently, there are 17 members in the US delegation visiting Beijing, which is significantly larger than the last presidential visit to China in 2017.
AB Kuai Dong
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At 2 AM, Trump boarded Air Force One, heading to Beijing, China. Secretary of State Rubio, Defense Secretary Hegseth, and former Efficiency Secretary Musk are also on board! Expected to touch down at Beijing Capital International Airport tonight at 7 PM.
A historic moment. Joining Trump on this trip to China is the well-known Hollywood director Brett Ratner.
His assistant revealed to reporters that this trip to Beijing is for scouting locations for Rush Hour 4, with Jackie Chan and Tucker making a comeback!
At 2 AM, Trump boarded Air Force One, heading to Beijing, China. Secretary of State Rubio, Defense Secretary Hegseth, and former Efficiency Secretary Musk are also on board! Expected to touch down at Beijing Capital International Airport tonight at 7 PM.
Tesla CEO Musk Apple CEO Cook GE CEO Calhoun Boeing President Kelly Ortberg Meta President Dina Powell BlackRock Chairman Larry Fink Blackstone Founder Schwarzman Micron Technology President Mehrotra Mastercard President Michael Visa CEO McLennon Qualcomm CEO Amon Cargill Chairman Brian Sikes HSBC CEO Van Jin Goldman Sachs Chairman Solomon Related Companies CEO Jim Anderson Inmobi CEO Jacob Thaysen
This visit to China is expected to be larger than in 2017. Additionally, the CEO of Cisco was also invited but couldn’t attend due to a conflict with earnings reports.
Recently, during six historical highs of the S&P 500, a strange phenomenon occurred. Most stocks were down on those days, while a few heavyweight stocks pulled the index up.
This means that if your stocks are still in the red, but the US markets are hitting new highs, it's not a company issue; it's just a quirk of this market cycle.
The hottest study tour right now is taking a group of American entrepreneurs to check out the Xiaomi factory, ByteDance, and BOE's campus in Beijing, then hitting up various universities. By the end of it, each person rakes in about 50 grand. If you're willing to shell out a bit more, you can even visit the Moon School and listen to Professor Jiang brag about his insights live.
It's reminiscent of those days when a bunch of course sellers and consulting firms took Chinese entrepreneurs and investors on a Silicon Valley tour, charging 200,000 RMB for the experience.
I'm dying of laughter. Due to the ongoing conflict in the Middle East causing a shortage of ink supplies, Japan's popular snack company Calbee has announced it will switch the packaging of 14 of its snack products to black and white in order to save on ink materials.
Since the announcement, the public response has been overwhelmingly negative, prompting the government to urgently meet with the company today.
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