1783CLUB

What’s going on?
Coinbase has opened registrations for users in China.

DeepSeek has begun preparing for an IPO and is expected to file for listing as early as 2026.
It is working with an accounting firm and expects to complete the financial reports by the end of December.

Changxin Technology has set its issue price at 8.66 yuan per share.
It will raise 580 billion yuan, corresponding to a market cap of 5,791 billion yuan.
If it rises 5 times from market expectations, its market cap will reach 2.9 trillion yuan, surpassing Industrial and Commercial Bank of China to become the No. 1 by market cap among A-shares.
Revenue in 2026 is expected to be 110–120 billion yuan, with net profit of 66–75 billion yuan; the issue-market-cap PE is about 8–9x.
To compare: peers in the same industry—Will Semiconductor, with a PE of 80x; Will Semiconductor, with a PE of 60x

Still that same saying.
Whether it’s Strategy selling coins, or the US and Iran going to war (the Strait of Hormuz closed), or the Fed raising rates, none of it affects Crypto’s rise.
Xiaohuihui’s Picks:
BTC、ETH、SOL、BNB、HYPE、AAVE、UNI、PEPE、WLD
Buy at random—if it drops, it’s a buying opportunity.

Samsung Electronics is also preparing to list in the United States
After SK hynix successfully listed on Nasdaq, Samsung Electronics is also planning to push ahead with a U.S. listing.
Two of South Korea’s major memory giants—one has just listed, and one is getting ready to.
The U.S. stock memory sector is getting increasingly lively.

Our happiness is all in the stock market.
When you go to karaoke, this is how it’s done: whoever here trades stocks—stay if your gains are the biggest...
Karaoke—where you discuss the candlestick chart.
Technician—technical analyst.
Princess—the main force in a public offering.
Why do people lose money trading stocks? It’s because they didn’t go to Karaoke.

Big macro events
The market has fully priced in the expectation of at least one more rate hike from September, and it has also fully priced two rate hikes by the end of March 2027.
Rate-cut expectations are completely gone, and the tightening cycle is still ongoing.
There’s little uncertainty left about the trend of tightening liquidity.

Giant storage company Changxin Technology (SH:688825): the IPO subscription, the winning results, and the listing time are all confirmed.
Subscription on July 16, winning results announced on July 20, and listing on July 27.
China’s DRAM industry leader is here, raising 29.5 billion yuan—the second-largest IPO in STAR Market history.
#长鑫科技 #DRAM #科创板 #IPO subscription

In the second quarter of 2026, deleveraging in the crypto market deepened further. Spot and futures trading volumes as well as open interest hit new lows for the period, but the deleveraging process is already near its end.
1. In 2026 Q2, major trading platforms’ spot trading volumes fell to $1.6 trillion, down 25% quarter-on-quarter and 42% year-on-year, the lowest level since Q3 2023.
2. Futures trading volume fell to $9 trillion, down 12% quarter-on-quarter and 31% year-on-year. Across the market, total futures open interest (OI) fell to $16k, down 57% from the $90k peak in October 2025.
3.

The master said I’m troubled by love.
I thought it was romance.
In the end, it was the damn market trend.

UNI protocol daily fee revenue is $5.2 million, with an annualized figure exceeding $845 million.
Once the fee switch is fully turned on, UNI won’t be an “air coin” anymore—it will be a money-printing machine.
Standard Chartered Bank’s target price: $6.5 in June 2026, $100 in 2030.
On July 12, the price was about $3.6, up nearly 60% from the prior low of $2.3.
The market is already pricing it in.

On July 13, the group members’ symptoms noticeably eased.
No one was fantasizing about a bull market anymore.
CPO, aerospace, semiconductor chips—these words disappeared from the group. With a lot less noise, it gradually became quiet.
As if everyone had finally seen reality clearly.
Those who were planning to give their boss the boot quietly retrieved their resignation forms and went back to work—plainly, honestly, and as expected. Business owners went back to guarding their shops. Even moms didn’t keep shouting about standing in the light anymore. College students started looking for

South Korea’s stock market has crashed again, and U.S. stock futures are all down in pre-market trading.
South Korea’s stock market fell again, and related ETFs in the U.S. futures market reacted first:
3x leveraged Korea ETF: down 24%
2x leveraged DRAM ETF: down 20%
3x leveraged Semiconductor ETF: down more than 10%
2x leveraged SNDK ETF: down more than 15%
When South Korea falls, the global storage and semiconductor supply chain trembles together.
$KORU $DRAM $SOXL

MiniMax has tanked
Over the past 3 trading days, it has dropped by nearly half
#MiniMax