Big News|Xiaohongshu Kicks Off Hong Kong Stock IPO Prep Reports are surfacing that Xiaohongshu plans to secretly file with the Hong Kong Stock Exchange by the end of June, with Goldman Sachs and CICC acting as underwriters, aiming for a listing as soon as the second half of this year. The market is optimistic, expecting this IPO to hit a valuation of $70 billion. The platform boasts 400 million monthly active users, with stable profits from both advertising and e-commerce, making it a rare lifestyle community in China. Note: $70 billion is just market speculation, and the official final valuation hasn't been confirmed. #小红书港股IPO估值逾700亿美元 #小红书
#opg $OPG Recently, I had a deep dive into the OpenGradient Chat launched by @OpenGradient , and it really reshaped my understanding of decentralized AI. It relies on a unique verifiable AI underlying architecture, where all conversational reasoning computations can be verified on-chain, eliminating the need for centralized platforms, allowing users full control over their data privacy. The entire ecosystem revolves around the $OPG core circulating token, which is essential for using AI chats, staking on the network, or participating in community governance; the use cases are crystal clear. Compared to traditional AI tools, this transparent, middleman-free model holds significant long-term value. Friends interested can personally try OpenGradient Chat to experience the differentiated offering.