Lookonchain APP

App Store

Futu Securities (Hong Kong) Responds to the Eight Departments' Cross-Border Securities New Regulation: Holders of Overseas Identities Are Not Affected

49 minutes ago

May 25 – Futu Securities (Hong Kong) issued a statement on recent regulatory developments tied to a new cross-border securities industry rectification plan unveiled by eight Chinese government agencies. This sector-specific rule targets all financial firms offering overseas securities and fund trading services to mainland Chinese investors, including relevant brokerages, banks, and other financial institutions. The firm warned that any institution claiming exemption from these eight regulators’ new requirements may be fraudulent, advising users to retain all written communication as proof to protect their assets. The mainland’s updated regulatory guidance applies only to investors across the industry who hold only a mainland Chinese ID card or passport, with no foreign citizenship or identity documentation. If a user holds any of the following foreign identity materials, their account and all trading services will remain unaffected: Hong Kong Permanent Resident Identity Card; Hong Kong Non-permanent Resident Identity Card (Temporary Identity Card); work or study visa; or other valid foreign identity proof. Futu Securities (Hong Kong) added that no detailed regulatory framework has been released yet for the plan’s 2-year industry-wide rectification period. At this time, all client accounts and trading/fund services are fully operational.
Relevant content

A Dormant Ethereum Early Whale Awakens After 10.8 Years, Realizing Over 6800x Gains

On May 25, crypto tracking service Whale Alert flagged a long-dormant pre-mined address holding 2,000 ETH (worth $4,234,171) that has woken up after 10.8 years of inactivity. Back in 2015, those same ETH were valued at just $620, translating to a profit of more than 6,800 times their original worth.

7 minutes ago

Trump Publicly Praises Micron, Suspected of Insider Trading by Aggressively Buying Call Options, White House Stock God Plays Old Trick Again

May 25 — Former U.S. President Donald Trump lavished praise on Micron at a rally in Suffern, New York, on May 22, telling the crowd, “Big company Micron, boy, Micron is great.” Unusual bullish trading activity tied to the chip giant followed shortly after, per market flow tracker Capital Flow. On the afternoon of May 22, multiple traders loaded up on Micron deep out-of-the-money (OTM) call options, with strike prices spanning $750 to $1,400. The contracts’ expiration dates focus on two windows: Jan. 15, 2027 (237 days from the trade date) and July 17, 2026 (55 days out). Between noon and midafternoon that day, at least nine large bullish options orders executed, seven of them clustered between 1:19 p.m. and 1:53 p.m. The most aggressive bet was a $1.4136 million premium call option with a $1,400 strike price, set to expire in January 2027. For this trade to turn a profit, Micron’s shares would need to surge nearly 90% from their current ~$745 level in less than eight months. This is

7 minutes ago

JPMorgan Chase: S&P 500 Index Expected to Reach 9,000 by Mid Next Year

May 25 — In its latest research note, JPMorgan Chase said that while a 9,000-point S&P 500 by mid-2027 isn’t its core forecast, it’s a plausible scenario driven by an ongoing tech capital expenditure cycle, growing profit contributions from AI, and improving market risk appetite. The bank noted the market may be underestimating the likelihood of this upside path. At 9,000 points, the index would be roughly 20% higher than its current level. JPMorgan identified the Technology, Media, and Telecom (TMT) sectors as the primary catalysts for further gains, adding that whether AI spending continues to translate into real corporate revenue and profit growth will be make-or-break for the U.S. stock market’s next major upswing. But there’s a sharp divide of opinion on Wall Street. The majority of analysts expect U.S. stocks to enter a short-term consolidation phase after their sharp rally from March’s lows. Rising global bond yields, they warn, will dampen consumer spending and business inves

7 minutes ago

OKX: Support Base Network Upgrade, Deposit and Withdrawal of Base Network Will Be Suspended

May 25 – OKX will support the Base network upgrade, per official announcements. To ensure a smooth upgrade, all deposits and withdrawals for Base network tokens will be suspended starting at 01:00 UTC+8 on May 29, 2026. Deposit and withdrawal services will resume once the network stabilizes after the upgrade is completed.

7 minutes ago

Bitunix Analyst:US-Iran Ceasefire Talks Advance—but Global Markets Are Now Worrying About Something Bigger Than War

May 25 — Global markets are fixated on U.S.-Iran talks and the reopening of the Strait of Hormuz, but capital is now zeroing in on a far bigger question: When high inflation, high interest rates, and sovereign debt risk collide, do central banks still have the firepower to stabilize markets like they’ve done for over a decade? While a U.S.-Iran framework is gradually coming together — including a limited reopening of the Strait of Hormuz, a 60-day interim deal, and restarted nuclear negotiations — major gaps remain on highly enriched uranium, sanctions relief, asset unfreezing, and the Lebanese front. That means even as markets start pricing in de-escalation, capital hasn’t fully flipped back to a full risk-on mode. More notably, markets are seeing a phenomenon rare over the past two years: rate hike expectations are making a comeback. U.S. rate futures now fully price in a Fed rate hike as early as October, with a 25bps increase locked in by year-end. Fed Governor Christopher Waller

7 minutes ago

On-Chain Pre-IPO Frontrunning Traditional Markets: Longing SpaceX, OpenAI, Anthropic at Listing Could Yield Nearly 300% Profit

May 25, per Hyperinsight Monitoring (via its Telegram channel @HyperInsight), last November, the Ventuals platform on Hyperliquid rolled out pre-IPO assets for three leading tech unicorns—SpaceX, OpenAI, and Anthropic—over a single month. Current total open positions across these three assets sit at roughly $14.7 million. Since the launch of their respective contracts, all three assets have posted significant price increases: - SpaceX: Starting at ~$450 (implying a $4.5 trillion market cap), up 412% - OpenAI: Starting at ~$550 (implying a $5.5 trillion market cap), up 138% - Anthropic: Starting at ~$326 (implying a $3.26 trillion market cap), up 340% If an equal, 1x leveraged long position was taken on all three assets on their opening days, the overall portfolio would have generated an approximate 297% return. Meanwhile, the HyperInsight Bot is now live. To access its features, add @HyperInsightBot to your community, assign it administrator privileges, and enable message-sending pe

7 minutes ago