Odaily News: A-share market opened with the Shanghai Composite Index down 0.96%, the Shenzhen Component Index down 2.09%, and the ChiNext Index down 2.7%. N Yushu surged 629.44% on its first day of listing, with the stock price now at 1,100 yuan, compared to the issue price of 150.80 yuan per share.
Odaily: Unitree Technology's stock contract on trade.xyz continues to rally, breaking above $110.
Odaily News: With less than half an hour before Unitree Technology lists on the Shanghai Stock Exchange's STAR Market, its stock contract on trade.xyz has surged past $100, currently trading at $103.75.
Odaily News – Cathie Wood's Ark Invest purchased $1.3 million worth of Block Inc. stock and $184,600 worth of Securitize stock on Tuesday. XYZ fell 0.96% that day, while SECZ rose 9.28%.
Odaily News: South Korean stocks led the decline in Asian chip stocks on Wednesday morning, as rising bond yields intensified concerns over the massive capital spending by tech giants. South Korea's KOSPI index fell as much as 6.8% at one point, while the Asian semiconductor stock index dropped over 2%. These losses echoed the slump in U.S. semiconductor and other AI-related stocks. Bond yields have remained elevated amid concerns over inflation and rising government debt. The risk of further increases in borrowing costs, compounded by ongoing uncertainties surrounding the war in Iran, further exacerbated market worries.
The CEO of Fibonacci Asset Management stated that although the logic of AI growth remains intact in the long term, "rising interest rates and geopolitical risks are making investors reluctant to pay high premiums for this growth any longer." He added that after an "exceptionally strong rally," the stock pullback also reflects a certain degree of profit-taking by investors.
Odaily News, Strategy stated that in Q2 2026, 12 of MSTR's top 15 institutional shareholders increased their positions, with a combined increase of $1.2 billion in holdings value.
Odaily Odaily News: The U.S. Attorney's Office for the Southern District of New York urged the court in a filing to reject Celsius former CEO Alex Mashinsky's motion to overturn his conviction and reduce his sentence, calling his legal arguments "meritless." Mashinsky was sentenced to 144 months in prison and fined $48 million in May 2025 on commodity fraud and securities fraud charges. He informed the court in May that he would represent himself, and the motion he submitted involved allegations related to FTX and former colleague Roni Cohen-Pavon. Prosecutors noted that Mashinsky failed to submit sworn declarations supporting the related allegations and requested the court dismiss the motion without a hearing. Cohen-Pavon, who provided "substantial assistance," has already served his full sentence.
Odaily News According to SoSoValue data, as of yesterday (Eastern Time August 18), the SOL spot ETF recorded a total net inflow of $1.5843 million in a single day.
Only the Bitwise Solana Staking ETF (BSOL) saw net inflows yesterday, with a daily net inflow of $1.5843 million, bringing its historical total net inflow to $902 million.
As of press time, the total net asset value of the SOL spot ETF stands at $924 million, with a SOL net asset ratio of 2.06%, and the historical cumulative net inflow has reached $1.159 billion.
