Hong Kong stocks closed, with Zhipu down more than 10% and MiniMax falling over 5%.

Well-known trader Bonk Guy’s publicly disclosed portfolio on the Fomo platform is worth $19.69 million, with a 24-hour drawdown of $2.62 million and a $7.17 million gain over the past seven days. “I am very confident my portfolio will hit new highs and reach $50 million,” he said. Below is a breakdown of Bonk Guy’s current portfolio (only including tokens with holdings valued over $200,000): - PONS: $7.6792 million, 11241.27% return - USELESS: $3.7897 million, 336.69% return - MarsCoin: $3.5803 million, 265.56% return - MEME: $1.0581 million, 119.58% return - Basecat: $869,900, 76.11% return - A token valued at $322,500, 108.24% return - microduck: $231,400, 650.42% return - PAIR: $223,900, 581.86% return

Samsung Electronics has inaugurated an advanced semiconductor packaging R&D facility in Yokohama, Japan. The company previously announced plans to invest approximately 40 billion yen over the five-year period starting in 2024 to expand the lab’s research hardware and boost its advanced packaging technology capabilities. The advanced packaging lab will collaborate with local Japanese firms, universities, and research institutions to develop next-generation packaging materials and processes. Samsung aims to grow the facility’s research team to more than 100 personnel by 2027.

Renowned trader Bonk Guy posted that his portfolio on Fomo has pulled back roughly $9 million from its peak in less than a week. Last week, the portfolio hit a high of over $28.5 million, and today it dropped to a low of $19 million — a side of trading no one likes to discuss. Everyone loves showing off winning trades; I went from almost nothing to over $28 million in just a few months. But no one wants to share what happens when your portfolio loses $9 million in a matter of days. However, to build generational wealth through trading, you have to weather this kind of volatility. To move upward, you have to survive the drawdowns. I’m completely unfazed by this pullback. I’m very confident my portfolio will hit new highs, then reach $50 million, and keep climbing. The wins are real, the drawdowns are real, the volatility is real — and I’m still in the game.

According to GMGN market data, crypto token BNC4 has accumulated a trading volume of $143.7 million in less than seven hours since its launch, surpassing the market capitalization of U.S.-listed stock BNC, which stood at $143.67 million as of yesterday's closing price.

According to TradingBeats' monitoring, Loracle, the largest short seller on the PONS chain, has continued to add to its short positions, currently holding 26 million PONS. As the token price has corrected, the value of its short positions has slightly dropped to $18.67 million, with an unrealized loss of $1.6 million. The entry price was $0.66, while the current price is $0.72. Earlier, Loracle's PONS short positions once recorded an unrealized loss exceeding $7 million. Loracle's total unrealized loss from major short positions currently stands at approximately $21.38 million. Its key positions are as follows: - Short HYPE worth $38.3 million, entry price $53.97, current price $84.27, unrealized loss $13.77 million. - Short SNDK worth $26.63 million, entry price $1475.37, current price $1741.30, unrealized loss $4.07 million. - Short NVDA worth $19.6 million, entry price $225.70, current price $230.60, unrealized loss $420,000. - Short MU worth $10.73 million, entry price $870.69, current price $1024.40, unrealized loss $1.61 million.

Former US President Donald Trump has released an updated ranking of US presidents on Truth Social, expanding the version he published several days ago. The latest ranking categorizes former US presidents into six tiers: "Greatest", "Great", "Near Great", "Average", "Below Average", and "Loser". Trump placed himself alone in the "Greatest" tier, ranking above Abraham Lincoln, George Washington, and Franklin D. Roosevelt. Compared to his initial ranking, Ronald Reagan was added to the "Near Great" tier, while Herbert Hoover was demoted to the "Loser" category. Joe Biden and Barack Obama remained in the "Loser" tier.