MarsBitNews

Mars Finance news: Hong Kong stock chip stocks remain active; Hua Hong Hongli is up more than 18%, SMIC is up more than 10%, GigaDevice is up more than 6%, and Lianqi Technology and Hongguang Semiconductor are up more than 5%. (Cailian Press)

June 24th, SoftBank Group Chairman Masayoshi Son mentioned at the shareholders' meeting that when discussing the subsidiary SoftBank's plan to invest in Tokyo Electric Power Company Holdings (TEPCO), he stated, "Among several companies, we are currently one of the important candidates." Masayoshi Son pointed out that if this investment materializes, "(SoftBank) should build AI data centers in Japan." (Jiemian)

At the opening ceremony of MWC Shanghai 2026, Chen Zhongyue, Chairman of China Mobile, said that in the future, mobile intelligence will enable deep collaboration between people and intelligence, no longer limited to individuals or platforms. The company will move forward with the deployment of 5G-A, 10-gigabit optical networks, and integrated air-space-ground networks, to drive AI-driven 6G research and development, build a self-intelligent network, and develop an integrated computing power network. It will plan ultra-large-scale intelligent computing centers and form a three-tier coordinated computing architecture spanning the center, the edge, and on-device. The form of intelligence will evolve through three stages: disembodied intelligence, embodied intelligence, and inscribed intelligence, deeply integrating into all scenarios of production and daily life.

According to Darkfost analysis, BTC’s realized cost basis for short-term holders is approximately $74,800, and BTC has been trading below this cost line for 8 months. The STH average unrealized loss is about 14.4%, a clear improvement from the 34% floating loss in February. Cost basis has fallen from $95,700 to $74,800, indicating increased accumulation during the decline. In this cycle, the STH unrealized profit peaked at 47% in March 2024; although it reached a new high in October 2025, it was only 11%, suggesting relatively weak profitability. $74,800 is the current key resistance level. If BTC returns to this level or shows improvements in market structure, it could indicate a positive shift; otherwise, it remains an area of selling pressure for holders looking to break even and exit.

According to The New York Times, Meta is developing an independent prediction market application called Arena, initially operating on a points system without involving real money, with the possibility of introducing real currency trading in the future. Leveraging its distribution advantage of 3.56 billion daily active users, Arena could challenge Polymarket and Kalshi, and expand its potential user base. Arena also attempted Forecast in 2020, but it was shut down due to regulatory reasons.

Mars Finance News, June 24 — According to market data, the South Korean KOSPI Index erased as much as 4% of its morning gains, turned negative during the day, and is now down by more than 1%. Samsung Electronics’ gain narrowed to 3%, while SK Hynix fell 3%. In addition, the Hong Kong-listed “Southbound (two-times long) SK Hynix” product fell by more than 8.6%.

Tria launched Tria Travel on June 22, 2026, offering global hotel, flight, cruise, and event ticketing through Bookit. Any user can browse and book using supported payments; paying with the Tria Card grants 1.5%-6% cashback, with early badge holders able to stack up to 10%. Flight bookings are now only available to Tria Card holders, and cashback is issued after the order is completed and confirmed.

Yangyuan Beverage shifted to AI and hard technology when its main business faced setbacks, establishing a fund to invest in storage, semiconductors, and other fields, with nearly 3 billion yuan invested so far. Yangtze Memory Technologies invested 1.6 billion yuan and has IPO potential; if realized, it will significantly boost performance. Other investments are still at a paper loss but are being held continuously. In the future, the company will base itself on consumer products, with AI computing power as a flexible dual engine, with risks related to listing progress and cyclical fluctuations.

Mars Finance News, on June 24th, the core AI computing infrastructure stock Lixun Precision plans to list in Hong Kong, with an estimated fundraising of about 3 billion USD. It has already received approval from the China Securities Regulatory Commission and has submitted application materials to the Hong Kong Stock Exchange.

Mars Finance News: According to Cointelegraph, Polkadot OpenGov recently proposed two new staking proposals (Proposals 1909 and 1910) aimed at strengthening validator incentives, removing nominators' penalty mechanisms, and shortening the unbonding period from approximately 28 days to 2 days.

Mars Finance News, June 24 — South Korean payment platform KG Inicis plans to introduce stablecoin payments into the Solana ecosystem. KG Inicis is a major Korean payment service provider with an annual transaction volume exceeding 25 trillion Korean won. In addition to online payment scenarios, they also plan to launch a token-based merchant reward system in the future.

Hong Kong stocks Zhipu (02513.HK) surged over 16% during trading, currently at 2,472 Hong Kong dollars.
The market attributes the decline in global AI stocks to the strong open-source capabilities of GLM-5.2, which is seen as a re-emergence of the "DeepSeek moment," and worries that cheaper Chinese models may impact U.S. company valuations.
Analysts say GLM-5.2 has entered the top three global large models, becoming a challenge to the U.S. AI dominance; if open-source models become widespread, whether U.S. data center spending can still support valuations is now a focus.

The Bank of Korea warned in its Financial Stability Report in the first half of 2026 that the increasing correlation between the cryptocurrency market and traditional markets could have spillover effects on stocks and foreign exchange markets. Currently, South Korea has not approved spot/futures crypto ETFs, and corporate participation is limited, so the direct impact is limited; but if institutional participation expands in the future, significant price shocks in crypto assets could occur or spread to the domestic financial markets.

SoftBank CEO Masayoshi Son: Our robot entity artificial intelligence factory has begun mass-producing robots. (Sina Finance)

Hut 8 reached a $2.35 million settlement in securities litigation related to mergers and acquisitions, eliminating the final legal uncertainty surrounding the AI/HPC data center transformation. Court approval is still pending, and the company denies any misconduct. Galaxy Digital announced a strategic investment in Digital Prime Technologies/Tokenet, leveraging the institutional lending infrastructure built with Tokenet and EquiLend to promote the integration of operations with proprietary lending and trading businesses, reducing exposure to Bitcoin price fluctuations.

Fiber optic concept stocks continue to strengthen, with Yongding Co., Ltd. and others hitting the daily limit, and total market value surpassing 100 billion yuan; AI computing power networks are driving massive demand for optical cables, leading to a significant increase in the price of fiber optic preform rods, with G.652D rising over 180%, and the per-kilometer price of equivalent chips like G.657.A2 increasing from 22-30 yuan to 160 yuan, a nearly 550% increase.

Kim Yong Fan, head of the Policy Office of the South Korean Presidential Office, stated on June 24th that the plans for Samsung Electronics and SK Hynix to establish a new semiconductor cluster have entered the final discussion stage, and once finalized, they will be officially announced to the public. Kim Yong Fan pointed out that due to the explosive growth in demand for chips in the artificial intelligence (AI) industry, the progress of the two companies' existing Yongin semiconductor cluster construction will be significantly accelerated. Among them, SK Hynix plans to build four wafer factories in Yongin, and is currently discussing whether to bring forward the completion date of the fourth factory from the originally scheduled 2044 to 2034. (Jiemian)

Goldman Sachs raises the 12-month target price for Luxshare Precision from 50.15 yuan to 106 yuan, based on strong growth in data centers, automotive electronics, and overseas OEM demand.
Analysts expect revenue CAGR of 22% from 2025 to 2028, with telecom and data center businesses reaching a CAGR of 67%, accounting for 19% of total revenue by 2028.
Profit forecasts for 2026/2027 are raised by 8% and 27%, respectively, reflecting higher revenue, a slight decline in gross margin, and growth in component business.