Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

According to Lookonchain’s monitoring, after Ansem spent 1,500 SOL (approximately $115,000) to buy PUMP, a trader immediately opened a 10x leveraged long position worth $1.53 million, with a size of 764.14 million PUMP.

According to a report from the *Hong Kong Economic Journal*, the launch of stablecoin issuance in Hong Kong is imminent. Anchorpoint Fintech, led by Standard Chartered Bank (Hong Kong), is one of the two institutions that received the first stablecoin issuer licenses from the Hong Kong Monetary Authority (HKMA) in April this year. Standard Chartered and Anchorpoint will release a joint announcement as early as before the end of this month (i.e., within the next two weeks) to unveil the launch of the Hong Kong dollar-pegged stablecoin "HKDAP". Earlier reports noted that the HKMA granted Anchorpoint and HSBC the first batch of stablecoin issuer licenses back in April this year.

Zhu Su, co-founder of Three Arrows Capital, posted an article stating that oil might be the best analogy for AI. Both exist in various forms but will eventually become commoditized; both require large-scale, often state-backed capital to drive their development. The benefits they generate will be widely shared across society, while also bringing external negative impacts that need proper management: for oil, it is environmental pollution; for AI, these could include energy consumption, job displacement, and other social risks.

According to an official announcement, Binance will stop supporting the mainnets of Moonriver (MOVR) and Moonbeam (GLMR), and will enable deposits and withdrawals for these tokens via the Base network.

According to Bitget market data, China's A-share-listed Jiuan Medical saw its stock stage four consecutive daily limit boards in five trading sessions before a failed limit-up, and is currently up 5.51%. Previous reports noted that Jiuan Hong Kong indirectly invested 750 million yuan in DeepSeek via Tianjin Shixiang. After the deal closed, its penetrating shareholding is approximately 0.21%, and it does not participate in operations. In August 2023 and March 2024, entities under Jiuan Medical made two separate investments in Moonshot AI, amounting to roughly $10 million and $20 million respectively. In June 2026, the company further invested 100 million yuan in StepOne AI indirectly via Haitang Tonghui Fund.

According to Hyperinsight monitoring, ZHIPU on Hyperliquid plummeted before Hong Kong stock market opening. Within about an hour, it hit a low of $120.7, down roughly 17%; the decline continued during Hong Kong trading hours. On the news front, ZHIPU completed the placement of 19.78 million new H shares on July 13. On July 17, Moonshot AI released the 2.8-trillion-parameter open-source model Kimi K3, intensifying market concerns over China’s large language model competitive landscape, leading ZHIPU’s Hong Kong-listed shares to drop 28.49% that day. No new company-specific negative news has been identified as of press time. The sharp price drop has further hit ZHIPU’s largest long position holder: a whale wallet starting with 0xddb. The whale currently holds 7,300 contracts with 10x isolated long leverage, with a position value of approximately $905,000, average entry price of $174.2, and liquidation price of around $78.3. It has an unrealized loss of about $367,000, a return rate of -288.2%, equivalent to 2.88 times its initial position cost of $127,000. The whale first opened a long position near $198.45 on the evening of July 6 and has not sold since; at 10:12 today, it added 409.1 contracts against the trend at $129.6. - HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group and set it as an admin (enable message sending permission) to automatically sync on-chain information.