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The REDMI Turbo 5 series is currently scheduled to be released at 19:00 on January 29th. In other words, everyone will be able to see this new phone tomorrow.

At present, a lot of information about this new series of mobile phones has been announced and exposed. Let’s take a look at it today.

It is reported that the REDMI Turbo 5 series will bring two models: REDMI Turbo 5 Max and REDMI Turbo 5.

The new REDMI Turbo 5 mobile phone was introduced in the latest official preview.

REDMI Turbo 5 adopts a metal middle frame, glass back panel, large R-angle, narrow frame, balanced weight, and vertical Deco that does not block your hands.

Judging from the official pictures, REDMI Turbo 5 uses a vertically arranged rear lens combination to form an overall rear camera module, but the protrusion is lower than that of the Max version, and the flash assembly is placed outside the rear camera module.

The middle frame of the fuselage adopts a vertical edge design, which is also made of metal. The back panel of the fuselage adopts two white splicing designs, and there is a red brand logo. The overall appearance style is relatively simple and refined.

It has a 6.59″ gold medium size, a built-in 7560mAh battery, supports 100W wired seconds charging, 27W wired reverse charging, is compatible with 100W PPS, and does not need to choose a charger for fast charging.

Max has the same super sun screen, with a peak brightness of up to 3500nits, and is also waterproof and has the same high-performance antenna set as the flagship.

The first batch of REDMI Turbo 5 is equipped with Dimensity 8500-Ultra, a full large-core architecture, GPU performance increased by 25%; equipped with a 3D ice circulation cold pump, the thermal conductivity is 3 times that of traditional VC; the latest violent engine, CPU/GPU/DDR integrated frequency regulation.

As for the new REDMI Turbo 5 Max, it is equipped with a new generation of super sunlight screen with 3500nits ultra-high brightness, which effectively improves readability under strong light; M10 luminescent material, which significantly improves luminous efficiency and lifespan; Xiaomi Qingshan Eye Protection, 3840Hz PWM + DC dimming.

Equipped with a flagship ultrasonic fingerprint, the response speed is 30% higher than that of an under-screen fingerprint. It supports sliding entry, making the recognition more accurate and the entry more efficient. The golden fingerprint position makes it simple and smooth to operate with one hand.

It is also equipped with symmetrical dual speakers, dual 1115F full-range units, immersive stereo sound; waterproof Grand Slam, which makes rain, splashing, and outdoor use more secure; high-dynamic main camera, Light Hunter 600 sensor, OIS optical anti-shake; high-performance antenna group, dual Wi-Fi acceleration.

In terms of core specifications, REDMI Turbo 5 Max debuts the Dimensity 9500s flagship core, with a running score of 3.61 million; the heat dissipation adopts a 3D boss design, close to the heat source; the latest violent engine, with predictable frame drops and lags; and LPDDR5X Ultra + UFS 4.1.

Built-in 9000mAh largest Xiaomi Jinshajiang battery, 16% ultra-high silicon content, supports 100W Xiaomi ThePaper second charging, 27W wired reverse charging, supports 100W PPS, is compatible with over 100 chargers, and has a five-year battery warranty.

At the same time, a new color of REDMI Turbo 5 Max, Sunshine Orange, was announced.

Officials say this is the most flagship-quality performance phone in the history of REDMI, with a CNC metal middle frame and an elegant large R-angle; the same glass fiber back panel as the flagship, which feels warm and light; and the Deco double-ring turbine light strip provides specific light effect reminders for different scenes.

Judging from the official pictures, the front of REDMI Turbo 5 Max adopts a center-mounted single-hole design, combined with a vertical metal middle frame, and the power button and volume adjustment button are placed on the right side of the fuselage. The rear dual camera components are arranged vertically on the back of the fuselage and form an overall rear camera module, with the flash component placed outside the module.

On March 18, 2026, the Dogecoin (DOGE) market ushered in a critical verification moment.

The latest real-time market chart (see attached picture) accurately confirms this judgment: DOGE quotation is stable at $0.10041, with a 24-hour increase of +0.62%, trading volume is active, and the market has not weakened due to a short-term retracement. Combined with Elon Musk's recent interactive "speech", DOGE bulls have strong momentum, community confidence is high, and the short-term rebound window has been opened.

Is Dogecoin starting to ‘reverse and accumulate strength’? The price once fell below $0.101, but is currently stable above $0.098, with support at the bottom. There is also an upward trend line on the chart, indicating that the bulls have not given up yet. As long as it holds $0.095, DOGE will have a chance to rebound again.

As can be seen from the 1-day K-line of the attached picture "Dogecoin Price Performance", the DOGE price curve showed an obvious upward trend: it fell back from around US$0.1015 in early trading, with the lowest touching the retracement range near US$0.0993), and then rebounded quickly, closing in the green zone of US$0.10041. The upward trend line has a clear bottom, and the psychological mark of $0.100 has become an immediate strong support, which perfectly verifies the core view of "short-term adjustment but no weakening".

Take a closer look at the multi-cycle data: a slight correction of -0.56% in 4 hours, but it has turned positive at +0.61% in 24 hours, and the cumulative increase in 7 days is as high as +6.19%, showing short-term resilience; although -2.20% in 30 days and -20.43% in 90 days are still at periodic lows, they are -14.40% year-to-date and -42.12% in 1 year. In comparison, the current pullback is more like a healthy washout rather than a trend reversal.

The "Dogecoin long-short ratio" section in the attached picture further strengthens the bull signal: the long-short ratio of Binance DOGE/USDT accounts is 2.202, the long-short ratio of OKX DOGE accounts is 2.2, the long-short ratio of large accounts is 2.5702, and the long-short ratio of positions is 1.5863 – the long-term ratio is overall leading, and the market sentiment is bullish. The liquidation data is the biggest highlight of this retracement.

The Coinglass real-time liquidation panel shows that in the past 1 hour, the liquidation of long orders was only US$25,000, and that of short orders was US$592,500 (shorts were obviously under pressure); in 12 hours, long orders were liquidated at US$339,400, and short orders were US$457,200; the total liquidation in 24 hours was US$2.2518 million, of which long orders were US$1.1394 million, and short orders were US$1.1124 million. It was close to balance, but shorts had the upper hand. This shows that during the price pushback process, short leverage continues to be harvested, long positions are relatively strong, and the prediction that "as long as the price holds $0.095, there will be a chance of rebound" forms a strong resonance.

If the range of US$0.098-0.100 continues to hold heavy volume, the subsequent rebound target will be directly at US$0.105-0.110, or even test the previous high of US$0.1033.

The transaction heat map is equally eye-catching. The attached "Dogecoin transaction volume heat map" shows that Binance leads the way with US$587 million, followed by MEXC with US$452 million. Small and medium-sized platforms such as OKX with US$500 million, WhiteBIT with US$111 million, and KuCoin also contributed considerable transactions. The overall spot + contract 24-hour turnover exceeded US$2.4 billion (2.412 billion contract, 277 million spot), with ample liquidity, far exceeding most Meme coins, confirming DOGE's anti-fall properties as the "King of the Community". The market capitalization remains stable at US$15.455 billion, the circulation/total supply is both 153.456 billion (unlimited design), and the holdings are US$1.159 billion – the fundamentals are solid, providing strong support for the technical rebound.

. Musk’s “speech” effect has once again become the strongest catalyst for the market. Although there are no new long posts on March 18, the posts since March 17

Accurately respond to discussions related to Dogecoin with emoticons, continuing the daily interaction model of the "Father of Dogecoin". Previously, in February, SpaceX posted a promise to "land DOGE on the moon next year", which directly pushed up DOGE's single-day increase by more than 5%. History has long proven that every expression, word or promise of Musk can be called a "nuclear bomb": it went from US$0.005 to a historical high of US$0.73 in 2021, and the coincidence of DOGE-1 satellite rumors in 2024-2025 + the DOGE department of the US government all triggered multiple rounds of surges.

Entering 2026, although macro pressures such as the Federal Reserve interest rate, geopolitical risks, and US stock market fluctuations still exist, any developments made by Musk are still regarded as DOGE's "wind vane." This response was interpreted by the community as "Stay steady, don't panic". Together with the technical signal analysis in the attached picture, it formed a perfect combination of "Musk's words + data verification + technical accumulation". The fundamental highlights of DOGE are also outstanding. The global community is leading in activity, and the daily discussion volume of

Compared with emerging Meme coins, DOGE’s brand moat and Musk’s endorsement are unmatched. Risk warnings still need to be paid attention to: the crypto market is highly volatile. If Bitcoin falls or supervision is tightened (SEC’s attitude towards Meme coins), DOGE may test the $0.095 defense line, or even dip to $0.09 in the short term. However, from the multi-dimensional perspective of the attached chart, the probability is significantly higher: the long-short ratio leads, liquidation shorts dominate, trading volume has not shrunk, and the upward trend line is intact.

Looking forward to the market outlook, combined with the effect of Musk's continued propaganda, technical post guidance and the latest chart data, the probability of DOGE's short-term rebound is extremely high. Investors can focus on buying low in the range of 0.098-0.100 US dollars and stop loss below US$0.092; if the heavy volume breaks through the resistance of US$0.101, it will follow the trend and chase the rise, with a target of above US$0.105. In the long term, as the SpaceX project advances and mainstream adoption deepens, DOGE can be expected to return to the "moon landing" range of US$0.2-0.3. DOGE on March 18 was not weak, but the "eve of a rebound" when Musk supported p2. The combination of real-time data with pictures and flat analysis provides the clearest guidance for DOGE fans around the world. Crypto investments need to be rational, DYOR, and at your own risk, but all current signals point to the bulls. DOGE community, hold on, let’s “To the moon” together!

The current mobile phone market is extremely hot, with products from China, the United States, Japan, and South Korea, all with different price points and configurations, so there are two voices on the Internet: 1. Support domestic products. 2. Resist idiots.

Three years ago, domestic mobile phones were indeed unpopular. Symptoms such as slow response, high heat generation, and ugly appearance have disappointed the Chinese people. However, foreign brands such as Samsung, Apple, and Sony have suddenly emerged and accounted for most of the domestic mobile phone market in the field of smartphones. Perhaps it is in this environment that independent brand mobile phones have learned from the painful experience and gradually

Get rid of the vicious circle of striving for configuration and weighted running points. After step-by-step evolution in recent years, it has gradually achieved a group counterattack on foreign mobile phones. On the other hand, foreign companies such as Samsung and Sony are gradually declining.

In fact, the success of domestic brands is not only due to the fierce disputes in the mobile phone market, but also mainly due to the effective combination of their own soft and hard strengths. Some mobile phone brands are not only well-known in the country, but also very popular abroad. Next, the editor has selected some excellent domestic mobile phone brand models. Friends who like them may wish to pay more attention.

Stunning borderless

From the nubia Z7, which can shoot stars at the beginning, to the nearly bezel-less nubia Z9, Nubia has never stopped on the road of innovation. As the first mobile phone with bezel-less design in China, nubia Z9 not only has first-class configurations, but the FiT operating technology combined with bezel-less design also brings a cooler human-computer interaction experience.

nubia Z9’s bezel-less design

nubia Z9 uses the original aRC (arc Refractive Conduction) patented technology to achieve a stunning borderless design, bringing a cool borderless visual experience. nubia Z9 is equipped with the innovative FiT borderless mobile phone interaction technology, which supports hold unlocking gestures, one-handed smart wake-up, horizontal holding to activate the camera and other special functions, allowing you to complete most operations by holding or sliding the edge of the phone with one hand.

nubia Z9

nubia Z9 (classic version) has a built-in 64-bit Snapdragon 810 eight-core top-level processor, supplemented by 3GB LPDDR4 running memory and 32GB body storage, which can easily enjoy large-scale 3D games. nubia Z9 (classic version) is equipped with a 5.2-inch Sharp 1080P screen, with a delicate and lifelike display effect. nubia Z9 (classic version) uses Sony's 16-megapixel main lens, equipped with OIS optical image stabilization, a mid-mounted low-power motor, an F/2.0 large aperture, and a SLR-level camera system NeoVision 5.1, which can meet various photography needs.

On the occasion of its tenth anniversary as a brand, OPPO released the “big shot” OPPO R7 Plus. OPPO R7 Plus has a 6-inch mobile phone screen, and its battery capacity has reached 4100mAh. With the highly praised VOOC flash charging, you can be full of energy every day.

VOOC flash charging charger for OPPO R7 Plus

OPPO R7 Plus is equipped with a 6.0-inch 1080P Super AMOLED screen, which adopts a new 2.5D curved screen, and the screen display is clear and natural. OPPO R7 Plus is equipped with a large 4100mAh battery, which provides long battery life. Equipped with VOOC flash charging, you can charge for 5 minutes and talk for 2 hours, meeting your various power needs. Five-layer protection and low-voltage charging can effectively reduce voltage conversion and fundamentally solve the problem of mobile phones getting hot when charging.

OPPO R7 Plus

OPPO R7 Plus has a built-in MediaTek MT6795 eight-core processor, supplemented by 3GB of running memory and 32GB of body storage, bringing a smoother gaming experience. OPPO R7 Plus is equipped with a 13-megapixel main camera, using Sony IMX278 RGBW four-color sensor, which optimizes anti-shake and stable imaging, allowing you to record wonderful moments quickly and easily. In addition, OPPO R7 Plus uses an all-metal one-piece molding process, and a push-type fingerprint recognition module is also added to the back of the fuselage.

LeTV has completed the perfect transfer from Internet resources to TV with the help of LeTV, a video resource website. However, LeTV will not stop there. In the first half of the year, LeTV started to cross-border again and released three LeTV super phones in one go. Among them, LeTV Super Phone Max (hereinafter referred to as Le Max), as the most powerful among the three brothers, has attracted widespread attention from consumers as soon as it was released.

Le Max metal body

The innovative design of the Le Max frameless package allows the entire glass screen to be completely suspended on the metal, creating an extremely narrow display frame of 1.6mm and a screen-to-body ratio of up to 80%, which will make you fall in love at first sight. Le Max uses aviation aluminum alloy metal as its fuselage, which can take into account both weight and strength. After careful grinding, the metal is given a very shiny cut edge. Dozens of precision processes bring an extremely warm and moist touch to the fuselage.

Le Max

Le Max has a built-in Snapdragon 810 eight-core processor, supplemented by 4GB LPDDR4 RAM + 32GB ROM, which can easily switch between large tasks. Le Max uses a 6.33-inch 2K resolution Sharp super color LCD screen with a ppi of 464. The NTSC color gamut is as high as 90%, bringing a delicate and full display effect. Le Max is equipped with Sony's 21-megapixel main camera, Cao Yong F/2.0 large aperture, 6P camera lens, and hardware HDR. You can take elegant and masterpiece photos with a simple touch of the shutter.

Since its first generation of products, Meizu Technology has never stopped pursuing "extreme". The recent official release of Meizu PRO 5 also marks that Meizu has completed the planning of three product lines including Meizu series, MX series and PRO series. As a high-end flagship mobile phone model, Meizu PRO 5 has today's top-notch configuration and design.

Meizu PRO 5 metal body

Meizu PRO 5 uses the Exynos 7420 eight-core 64-bit processor with 14nm 3D FinFET process technology. The processor uses four A57 architecture + four A53 architecture, with a main frequency of up to 2.1GHz, making Meizu PRO 5’s performance outstanding. The injection of 3GB LPDDR4 running memory and 32GB UFS 2.0 high-speed body storage allows you to quickly switch applications as you like. Meizu PRO 5 adopts an all-metal body design. It has undergone three 3D sandblasting, five spraying, and mechanical and manual polishing to make the body of Meizu RRO 5 more textured.

Meizu PRO 5

Meizu PRO 5 is equipped with a 5.7-inch Super AMOLED display, with 100% NTSC color gamut, bringing excellent display effects. Meizu PRO 5 is equipped with a 21.16-megapixel SONY IMX230 sensor, supplemented by PDAF phase focusing, laser-assisted focusing and a customized Largen 6P lens, bringing more delicate image quality performance. In addition, Meizu PRO 5 also has the latest generation fingerprint sensor of Fingerprint Cards, and the accuracy and response speed of the fingerprint module have been greatly improved.

As a veteran mobile phone manufacturer, ZTE has released many classic mobile phone models. Recently, ZTE released its flagship mobile phone, ZTE AXON, which focuses on the high-end mobile phone market. ZTE AXON has top-notch configurations, and many cutting-edge features have been added to the machine, making ZTE AXON very popular in foreign markets and becoming a strong rival to Samsung and Apple.

Dual lenses of ZTE AXON

ZTE AXON Tianji Zhihui Edition (high configuration) is equipped with a "three-in-one" fingerprint, eyeprint and voiceprint, bringing a cool user experience. ZTE AXON Tianji Smart Edition (high configuration) adopts a bionic-designed dual camera, using a 13-megapixel main lens and a 2-megapixel secondary lens, plus a high-end Sony IMX 214 sensor, which can achieve extremely fast focusing of 0.1 seconds. Combined with depth of field and blur effects, it can still clearly capture details in low-light environments.

ZTE AXON Tianji

ZTE AXON Tianji Smart Edition (high configuration) is equipped with a 5.5-inch 1080P ultra-high-definition screen, with clear and delicate display effects. ZTE AXON Tianji Smart Edition (high configuration) has a built-in Qualcomm (American Qualcomm) Snapdragon 810 eight-core processor, supplemented by 3GB LPDDR4 running memory and 32GB body storage, and can easily run large-scale 3D games. In addition, ZTE AXON Tianji Zhihui Edition (high configuration) adopts an all-metal body design and fingerprint recognition function, which makes it more comfortable and natural to hold, and the unlocking operation is also more natural.

Every year, some new mobile phone brands join the fiercely competitive mobile phone market. As a new mobile phone manufacturer, ZUK ZUK, the first new flagship product released by ZUK, has suddenly emerged due to its excellent design and experience. ZUK Z1 is specially customized for heavy users. It is equipped with a large 4100mAh battery and unique U-Touch fingerprint recognition, all of which make ZUK Z1 more popular among consumers.

ZUK Z1’s U-Touch fingerprint recognition

ZUK Z1 is equipped with a 4100mAh third-generation high-density lithium-ion polymer battery with amazing battery life. It is also equipped with a 5.3V 2.5A fast charger, which can achieve 120 minutes of talk time after 5 minutes of charging. The U-Touch fingerprint recognition sensor can integrate the traditional return, home, and multi-task buttons into one, making your operations faster and more convenient. In addition, ZUK Z1 uses the new USB 3.0 Type-C interface, which has faster transmission speed and does not need to distinguish the front and back of the plug.

ZUK Z1

ZUK Z1 uses Snapdragon 801 2.5GHz quad-core processor and supports full Netcom functions. The injection of 3GB RAM + 64GB ROM makes background application switching faster. ZUK Z1 uses a 5.5-inch 1080P IPS high-definition display, with a delicate and full display effect. ZUK Z1 uses a 13-megapixel Sony IMX214 sensor, combined with a Largen 5P lens, an optical image stabilization system (OIS), and a built-in independent Hall sensor and dual-axis gyroscope to make the photo quality clearer and more natural.

Conclusion:

As the gap between independent brand mobile phones and foreign brand mobile phones becomes smaller and smaller, more and more high-quality mobile phones appear in front of us. I believe that domestic mobile phones in the future will further work on mobile phone design and experience and strive to become a world-famous brand. The above-mentioned mobile phones are all relatively representative models among domestic mobile phones. Friends who want to change their phones can learn more about them.

[CNMO Technology News] Although Intel has not officially confirmed the launch of more independent graphics cards based on the Battlemage architecture, the "Arc B750" model that recently appeared on its Japanese official website has attracted widespread attention in the industry.

A user named @Haze2K1 first discovered the page. Although the actual content of the page points to the Arc B570 and redirects to the B570's technical parameter page in the specifications tab, the first official exposure of the name "B750" is still significant.

At present, this may be a simple page markup error. However, in the context of Intel's gradual improvement of the Battlemage product line, the emergence of this name still has a bellwether significance. The B750 has never been mentioned before, so this "misrevelation" may also imply that Intel is preparing for the launch of the Arc B750 graphics card. This product is likely to be positioned between the Arc B570 and the rumored B770, as an iterative model of the Arc A750.

More strategically, Intel's recent moves on the GPU roadmap show that it has not given up on the development of the Battlemage architecture. For example, at the Taipei Computex 2025, Intel demonstrated the Arc Pro 60 professional graphics card based on the BMG-G21 core, and rumors about the Arc B580 24GB version also continued to ferment. In addition, multiple sources claim that the high-end core code-named BMG-G31 has entered the verification stage and may be used in the future Arc B770 and is equipped with up to 32 Xe2 cores, which is a significant improvement compared to the 20 cores of the B580.

It is expected that if the B750/B770 is officially launched, Intel will equip it with more than 16GB of GDDR6 video memory, equipped with a 256-bit video memory controller, and use a larger area of ​​​​GPU crystal to support higher graphics processing capabilities. This will allow it to form a more direct competitive landscape with AMD RDNA 3 and NVIDIA Ada architecture products in the mid-to-high-end market.

It is worth noting that Intel may also gradually shift its focus to the next-generation Xe3 architecture Celestial GPU, which has entered the pre-silicon verification stage and will be integrated into the Panther Lake platform. At the same time, the Xe4 architecture, codenamed Druid, is also under development.

Dongfang.com reporter Fang Xiang reported on April 13: Today, Shenzhen-listed company Yinyi Shares (000981) held a media communication meeting on the "Two-wheel Drive Development Strategy" to explain the acquisition of relevant assets of the American ARC Group (hereinafter referred to as "ARC").

Recently, Yinyi Shares announced that the company plans to non-publicly issue 558 million shares at 5.91 yuan/share for a price of 3.3 billion yuan to acquire 100% equity of Ningbo Haosheng, a wholly-owned subsidiary of Tibet Yinyi Holdings, the company's controlling shareholder Yinyi Holdings, thus indirectly holding the relevant assets of the American ARC Group (hereinafter referred to as "ARC"); at the same time, it plans to raise no more than 825 million yuan in supporting funds from Yinyi Holdings' non-public issuance of shares at 8.06 yuan/share to supplement the company's liquidity. After the acquisition is completed, Yinyi Shares will have dual main businesses of real estate and high-end manufacturing, becoming a comprehensive multinational group with outstanding main businesses, diversified development, and integration of industry and finance.

Regarding the acquisition of ARC, Yinyi shares said that it mainly values ​​ARC’s world-leading technological advantages in the field of high-end manufacturing. By acquiring high-end manufacturing companies in Europe and the United States, it can not only bring technological breakthroughs to the domestic high-end parts industry, but also promote the transformation and upgrading of the company's industrial structure and achieve seamless connection between assets and capital markets.

Yinyi Shares said that after the acquisition is completed, it will use ARC as a platform to integrate upstream and downstream enterprises in the automotive safety system, extend the industrial chain, and create a two-wheel-driven development pattern of "real estate industry and high-end manufacturing".

The annual report recently released by Yinyi Shares shows that the operating income in 2015 was 8.459 billion yuan, an increase of 33.99% over the same period last year, and the net profit attributable to shareholders of the listed company was 527 million yuan. In 2016, the company will continue to accelerate sales and destocking, increase capital withdrawals, and continue to deepen the original development city layout and expand key projects to first-tier cities such as Shanghai, Beijing, and Shenzhen to achieve rapid project turnover and rapid sales, improve the economic benefits of the project, and enhance development potential.

Since last year, in order to further enhance the company's competitiveness in the capital market and improve profitability, listed real estate companies have entered new areas with development potential and room for growth and implemented industrial transformation. Industry insiders said that the era of shortage in China's real estate industry has passed, but the current logic of the entire industry has not changed. Enterprises still adopt a heavy-asset development model. High land prices and high capital costs make profits difficult and risky. Competition in the entire industry is fierce. In this fully competitive environment, some enterprises will definitely avoid the systemic risks caused by a single industry through diversified development and generate more profit points.

[CNMO Technology News] Recently there are rumors that Intel plans to launch a new generation of Arc PRO graphics cards based on the Battlemage architecture, which will be officially released at the upcoming COMPUTEX. The Arc PRO A60 graphics card may be equipped with up to 24GB of video memory, attracting the attention of professional users. However, there has been no conclusive evidence about whether its gaming version, Arc B580, will also be launched with a 24GB video memory version.

Now, this suspense seems to have new progress. Mingxuan, one of the important partners of Intel graphics cards, recently submitted a certification document to the Eurasian Economic Commission (EEC), in which the model record of the Arc B580 24GB graphics card suddenly appeared. This means that Maxxuan has at least considered launching this model, although there is no official release information yet.

It should be noted that EEC registration does not mean that the product will eventually be put on the market. When many brands apply for EEC certification, they will register multiple potential SKUs in advance so that they can make subsequent decisions based on market feedback. In fact, up to now, Maxxuan has only officially launched three B580/B570 series graphics cards, belonging to the iCraft and Milestone series respectively. The documents exposed this time also include the "Terminator" series of products, which means that Maxxuan may have planned a richer product line layout.

Since its launch, Intel Arc series graphics cards have still faced challenges in the high-end market, but they have gradually gained a foothold in the mid-range market with their high cost performance and continuous improvement in driver optimization. If the Arc B580 24GB version is finally released, it will become one of the few high-graphics memory mainstream game cards currently on the market, especially suitable for content creators and high-resolution game players.

btok is a social app created for overseas Chinese. No matter where you are, you can communicate with Chinese around the world through this app and enhance interactions in many aspects such as making friends and doing business. Since this year, its popularity in overseas regions has continued to rise, which represents new opportunities for friends who like to socialize and seek international platforms for communication. The Apple version of btok has been put on the App Store. In just nine steps, you can easily download btok Apple and share the fun of interaction with Chinese people around the world.

Software introduction:

To put it simply, btok is a social platform for Chinese people around the world. It is a tool to connect Chinese people around the world and provide social services. It is also a broad platform for Chinese people living overseas to exchange Chinese culture and share the customs and customs of various places. Whether it is voice chat, live radio, video communication, topic sharing, or interest groups, btok can meet the needs of users and enable Chinese people around the world to communicate smoothly, thereby breaking geographical boundaries and enhancing cross-cultural understanding and acceptance.

Software features:

1. If you want to find like-minded friends overseas, there are many portals and social networks to choose from, but not all of them can be as convenient and fast as btok to find your "clan". For Chinese people living overseas, choosing btok means choosing a small home of their own.

2. As for how to download, the process is actually very simple. First, open the "app store" on your Apple device, then enter "btok" in the search box and press the Enter key on the keyboard. You can see the search results related to "btok", find the btok app among the many results, click "Get", and then click "Install". If you have set up touch id or face id on your Apple device, I need to use touch or face id for verification at this moment. After passing the verification, the download and installation will start automatically. After the download and installation is completed, you can see the btok icon in your device. Click the icon and you can start using btok.

Software advantages:

1. With btok, no matter where you are, as long as you have an Internet connection, you can communicate with Chinese people around the world at any time, share your thoughts, experiences, and various content worth sharing. Communication has no borders, and making friends has no boundaries. This is the possibility that btok brings to us. In the continuous updates, btok is also constantly optimizing various functions and improving the user experience, making it the best social choice for overseas Chinese.

2. We live in an era of globalization and networking, and more and more overseas Chinese are working, studying abroad, or living. As we pursue our dreams, we also need a place for interaction and communication. Social platforms such as btok are the link between us and the Chinese people. They are a platform for us to share and help when we face various challenges. They are also the basis for us to find confirmation of our cultural identity in a foreign country and find a place to belong to.

3. As an innovative and progressive social network platform, btok plans to continue iterative upgrades of its app in the near future to maximize user experience and promote the extension of social boundaries, so that more overseas Chinese can find their friends, share their lives, and make new friends through btok.

Software comments:

btok has opened a new window of communication for us, allowing us to feel the enthusiasm and friendliness of the Chinese community no matter where we are. This may be what every Chinese wandering overseas needs most. Have you downloaded and installed btok today? If you haven’t yet, then hurry up and experience it. I believe you will find more possibilities in this window.

Nearly 40 billion funds have evaporated! Digital currencies experienced a flash crash across the board today, with Bitcoin once falling below $52,000! 470,000 people were wiped out! Who washed the market with blood?

On the morning of April 18, Bitcoin suffered a flash crash, plummeting nearly $8,000 within an hour, once falling below $52,000 per coin, and falling by more than 15% within the day. Previously, the price of Bitcoin continued to strengthen, once exceeding the $64,000/coin mark on April 13.

Not only Bitcoin, but also digital currencies fell across the board. Within 24 hours, more than 470,000 people liquidated their positions and nearly 40 billion in funds were wiped out.

What happened?

Dogecoin, which was born to ridicule Bitcoin, has seen its currency value rise far beyond the original target of ridicule in recent months.

Since the beginning of 2021, the highest increase of Dogecoin is close to 100 times; if calculated from the low of $0.001158 on March 13, 2020, in 13 months, the price of Dogecoin has increased by up to 405 times.

In contrast, the price of Bitcoin, the "coin leader", has increased by "only" 733% in the past year, which is far behind the rising star Dogecoin.

On April 16, the madness of the Dogecoin hype reached its climax. On this day, Dogecoin once rose by 250% within 24 hours, reaching a maximum of $0.47 per coin, and the total market value once exceeded $60 billion.

However, over the next two days, the price of Dogecoin began to retrace sharply. According to data from Coindesk, as of press time, Dogecoin is quoted at US$0.27 per coin, with a total market value of US$35.8 billion, which has shrunk by 40% from its high point two days ago, and has fallen by more than 16% in 24 hours.

Not only did Dogecoin plummet, but many cryptocurrencies, including Bitcoin, experienced collapse at the same time.

Digital currency crash

On the morning of April 18, Bitcoin, which has been trending recently, experienced a flash crash, plunging nearly $8,000 in one hour.

10:18: Bitcoin fell below $59,000 per coin, the first time since April 11.

11:20: Bitcoin continues to decline, falling below $58,000 per coin.

11:22: Bitcoin fell below US$55,000 per coin, falling more than 8% during the day; Ethereum fell below US$2,150 per coin, and Ripple fell more than 13% to US$1.34 per coin.

11:36: Bitcoin fell below $52,000 per coin, with an intraday drop of more than 15%.

It is worth mentioning that Bitcoin has continued to strengthen recently after breaking through $60,000. On April 13, Bitcoin once exceeded the $64,000 mark, reaching a maximum of $64,778. After that, the price of Bitcoin fell back for several days until it crashed on April 18.

On the same day, digital currencies fell across the board: based on 24-hour declines, Ethereum plummeted 12%, BNB plummeted 13.33%, Ripple plummeted 20.87%, Dogecoin plummeted 12.87%, Litecoin plummeted 20.87%, and EOS plummeted 23.45%.

Bitcoin's rapid decline caused heavy losses to long investors. According to data from Bitcoin Home, the number of people liquidating their positions has increased sharply in the past 24 hours. More than 470,000 people have liquidated their positions, and 39.5 billion funds have been wiped out. The funds liquidated in the past hour reached 538 million yuan. Among them, BTC liquidated 3.638 billion, about 70,000 pieces.

Who bloodbathed digital currency?

What happened? From the current point of view, there are three main reasons.

The first reason is that there are rumors in the market that the U.S. Treasury Department will accuse multiple financial institutions of using cryptocurrency for money laundering. Prior to this, both U.S. Treasury Secretary Yellen and Federal Reserve Chairman Powell had expressed negative views on digital currencies.

The second is that Türkiye will ban the use of digital currency payments on April 30. Türkiye recently announced a ban on cryptocurrency as a means of payment. The ban does not prohibit the purchase of Bitcoin, but there may be obstacles to depositing funds through the country's banks. Cryptocurrencies and other digital assets based on distributed ledger technology cannot be used directly or indirectly to pay for goods and services, the Central Bank of Turkey said in the Official Gazette. The ban will take effect on April 30. Coindesk expects India and Morocco to introduce similar policies. Previously, India had already made rumors and caused sharp fluctuations in Bitcoin. The recent currency inflation in Türkiye has led to a sharp increase in domestic demand for cryptocurrencies such as Bitcoin, which has even directly increased the traffic of many exchanges.

The third is that Coinbase, which just went public, suffered a sell-off from executives. According to Cointelegraph, according to Capital Markets Laboratory data and documents on the Coinbase investor relations website, Coinbas CEO Brian Armstrong sold 749,999 shares in three transactions at different prices, totaling approximately $292 million. CFO Alesia Haas sold all 255,500 shares for $388.73, for a total of approximately $99.32 million. This news may mean that even the trading platforms themselves are not optimistic about the future of digital currency trading.

Inverse Bitcoin ETF Launches

Notably, just as the plunge occurred, the first inverse Bitcoin ETF was launched on April 15, which would provide investors with a way to short Bitcoin without using a margin account or shorting futures.

Horizons ETF announced the launch of the BetaPro Bitcoin ETF (ticker HBIT) and the BetaPro Inverse Bitcoin ETF (ticker BITI). The ETFs were listed on the Toronto Stock Exchange (TSX) on April 15. HBIT and BITI provide long and inverse exposure to the Horizons Bitcoin Front Month Rolling Futures Index respectively. BITI is the world's first ETF to provide inverse Bitcoin futures exposure.

A statement from Steve Hawkins, CEO of Horizons ETF, shows that the inverse Bitcoin ETF it launched allows investors to establish short positions in Bitcoin futures; the sister product BetaPro Bitcoin ETF (code: HBIT) listed at the same time will charge a 1.00% fee and track Bitcoin futures.

This means that purchasing HBIT and BITI is as simple as buying stocks and other ETFs through a broker, which does not require investors to open a separate cryptocurrency account. Additionally, BITI will provide investors with a way to short Bitcoin without using a margin account or shorting futures.

Notably, the SEC has rejected all Bitcoin ETF applications since 2013, citing concerns about manipulation and criminal conduct. Canadian regulators are much more relaxed than the United States in approving ETFs tracking Bitcoin and SPACs. Less than two months ago, North America's first Bitcoin ETF was listed in Toronto, with assets reaching US$1 billion, or approximately 1.25 billion Canadian dollars.

At the same time, applications for the U.S. Standard Bitcoin ETF are also increasing, with at least eight companies currently participating in the bid, including Fidelity Investments Inc. and Galaxy Digital Holdings Ltd. Companies that get approval first are likely to face overwhelming demand, prompting issuers to keep submitting applications.

Pay attention to global monetary policy shifts

Market participants generally believe that the fundamental reason for this round of Bitcoin bull market is that the loose monetary policies of the world's major central banks since 2020 have brought high inflation expectations to the market. The total upper limit of Bitcoin is fixed and is regarded as "digital gold" by some institutional investors and large companies. They believe that investing in Bitcoin can hedge the demand for inflation. Therefore, many listed companies and institutional investors in the market, such as Tesla, Meitu, Blackstone, etc., have begun to buy and accumulate Bitcoin, which has led to an increase in the price of Bitcoin.

Recently, with the strong rise of Bitcoin, other digital currencies have also shown general gains. ETH, BNB, etc. all hit new highs. Some analysts believe that at present, after the entire encryption market has repeatedly hit new highs in Bitcoin, mainstream currencies have also seen compensatory increases. This is one of the performance characteristics of the mid-to-late period of the bull market. With the rapid surge in market value, future profit-taking selling pressure will become a resistance to the continued upward trend.

Regarding the subsequent development of cryptocurrencies, William, a senior analyst at OKEX Research Institute, said that the key factors that determine whether the current Bitcoin bull market can be sustained lie in two points: the monetary policy shift of the world's major central banks, or the global regulation of cryptocurrencies.

First of all, the current extremely loose monetary policy of major central banks is unsustainable. With the gradual recovery of the global economy, monetary policy adjustments are only a matter of time; secondly, Turkey’s regulatory ban is not the first or the last in the digital currency market; and as encrypted digital currencies are accepted by more and more people, more countries will introduce specific regulatory measures for encrypted digital currencies.

"The above two key events will definitely happen in the future, but we don't know when they will happen. This may be as explained by the Dow Theory: the main trend of the market can be predicted, but the specific movement trajectory is unpredictable." William said.

Everyone in the car should pay attention

Recently, the listed company Yinyi Real Estate Co., Ltd. (referred to as Yinyi Shares) announced that it will use the issuance of shares to purchase 100% of the equity of Ningbo Haosheng held by Tibet Yinyi, a wholly-owned subsidiary of its controlling shareholder Ningbo Yinyi Holdings Co., Ltd. The latter is valued at 3.3 billion yuan. After the completion of this transaction, Yinyi Shares will indirectly hold the relevant assets of the global gas generator company ARC Group through Ningbo Haosheng.

A real estate company entered the field of automobile passive safety by leveraging the operation of the capital market. This is a typical cross-border acquisition case. As the world's second largest multinational company that independently produces gas generators, ARC's products are mainly used in automotive airbag systems, and it has established long-term and stable cooperative relationships with major global automobile OEMs and first-tier suppliers. Through this transaction, real estate company Yinyi Co., Ltd. will officially enter the field of passive safety of auto parts.

Luo Ruihua, secretary of the board of directors of Yinyi Shares, said in an interview with reporters that through this transaction, Yinyi Shares can build an automotive industry-related business platform for the company through ARC's high-quality assets, successful business operation model and efficient management team, and realize the company's diversified strategic layout.

Benefit from "Takata Air Bag Door"

Business diversification strategy is conducive to improving the company's ability to resist risks and long-term development. This is the main reason why many listed companies have made cross-border acquisitions in recent years. Yinyi Shares is no exception.

The main business of Yinyi Co., Ltd. is real estate development and sales. The second pillar industry is the development of mining industry, coal and petrochemical industry. After this transaction, auto parts will become its third largest business segment. The asset value of ARC itself is also considerable. The reporter learned that ARC Group's operating income increased from US$190 million in 2012 to US$302 million in 2015, with an average annual compound growth rate of 18.9%, which is much higher than the average annual growth of most European and American auto parts companies. "ARC's business volume in China is very large. In 2015, its annual sales in China were approximately 2 billion yuan, and its operating income was approximately 700 million to 800 million yuan." An industry insider told reporters.

At a time when the "Takata airbag door" continues to ferment, the industry value of ARC is even more prominent. Because the main murder weapon called the "murder airbag" is the gas generator. It is reported that 90% of Takata's inflators are produced by the company itself. The airbag used in the accident used amine gunpowder, an ingredient that is not favored in the industry. "After 2017, Japanese cars may abandon the use of amine gunpowder, and guanidine gunpowder, the mainstream technology based on ARC, may become the mainstream product in this market." Zhao Chengming, general manager of Jinzhou Jinheng Automobile Safety System Co., Ltd. ("Jinheng") told reporters in an interview. Obviously, this is a nightmare for Takata's airbags and inflators. However, Takata's competitors were the beneficiaries of this disaster. "Takata's generators will be greatly affected, and ARC will be the direct beneficiary." Zhao Chengming said.

Zhang Shaowei, vice president of research and development of Shanghai Oriental Jiule Automotive Airbag Co., Ltd. ("Jiule") said that although the acquisition of Yinyi shares will not directly affect the changes in the global gas generator pattern, there is no doubt that after the "Takata airbag door", ARC's technical advantages in gas generators will help its market share continue to increase. After the acquisition is completed, ARC will take advantage of the asset advantages of the capital side to be more conducive to its expansion in the Chinese market. "In recent years, airbag recalls have occurred frequently, and the recalled airbags all use gunpowder gas generators. The technology used by ARC is a mixed gas, part gunpowder, and part compressed gas. After the Takata incident, this technology has become more recognized by the market." Zhang Shaowei said that technical factors are one of the reasons why capital parties consider acquisitions.

ARC welcomes expansion opportunities

However, some people are not optimistic about this acquisition. The reason why it is not optimistic is related to the poor performance of ARC and its cooperative enterprises in China in recent years.

It is reported that in China, ARC mainly provides supporting services to foreign investors such as Mobis, Autoliv, and Trina, as well as independent and joint ventures such as Jinheng, Jiule, and Yanfeng Baili. These airbag companies have their own inflator factories, and some of their product supplies rely on internal supply, while some require external procurement.

"The proportion of externally sourced gas generators in Jinheng is 80%, Yanfeng Bailide is 70% to 80%, and Jiule is 50%. ARC is the main supplier." Zhang Shaowei said that because domestic enterprises started late in technical research in the field of gas generators, the factory was established for a short time, and the product lines were not rich enough, so internally supplied gas generators cannot meet the needs of enterprises, but most airbag companies have independent research and development capabilities for gas generators. Yanfeng Bailide insiders told reporters that considering the reliability and stability of the product, some gas generators need to rely on external procurement.

So why are partner companies dissatisfied with it? After several prevarications, an expert from an industry association told reporters part of the inside story. According to his understanding, due to the slow update of ARC technology, slow production expansion, high product costs, and poor cooperation and service with airbag companies, it has restricted the development of airbag factories to a certain extent, causing many domestic airbag factory companies to complain about it. If there is no improvement, ARC's market share in China will definitely decline year by year in the future. "In response to the modification requirements put forward by some OEMs, the airbag companies submitted their feedback to ARC. ARC's lack of cooperation in cooperation affected the cooperation between the airbag manufacturers and OEMs."

"ARC supplies a large amount of domestic mainstream airbag companies." The expert said, but due to dissatisfaction with ARC, local airbag companies have been trying to expand the proportion of internal gas generators in recent years and reduce their dependence on ARC. This expert believes that the gas generator technology itself is not difficult to overcome, and the mainstream technology of gas generators has not changed in recent years. There are no technical obstacles for independent air bag companies. When independent gas generator companies restrict the development of air bag factories, air bag manufacturers must take the initiative to overcome the obstacles.

It is understood that in order to meet domestic demand, several mainstream domestic airbag companies have established gas generator factories. For example, Jiule's generator factory was established 10 years ago, Yanfeng Bailide was established 5 years ago, and Jinheng also established a gas generator factory two years ago. "The gas generators of local companies are gradually growing. For example, although Jinheng's generator factory has only been established for two years, the amount of self-supplied generators has reached 20% of its total demand, and the growth rate is very fast. As the proportion of gas generators supplied by companies continues to increase and the demand for external procurement decreases, the dependence on ARC will decrease, and ARC's market share may decline." The expert said that if ARC does not change the status quo, whether ARC's performance in China will continue to grow in the future will be a question mark. The intervention of Yinyi Shares may provide financial support for ARC's rapid expansion.

M&A prospects are risky

For this cross-border acquisition of real estate companies, industry insiders believe that there are certain risks.

Based on ARC's performance in China, whether ARC will continue to maintain market share growth in the future is not only a risk faced by ARC, but also a risk faced by investors.

"The identity of the investor is not important. In fact, investors in ARC in the United States are not engaged in the automotive industry, but corporate management after investment is very important." Zhao Chengming said that there are certain risks in cross-border acquisitions, but the investor Yinyi Shares is a listed company, and its own advantages are better financing channels and capital, which can quickly realize ARC's global market layout.

Zhang Shaowei believes that from 2014 to 2015, the income of real estate companies has declined due to the overall impact of the industry. Compared with the auto parts industry, the latter's foreseeable profits and space are more obvious, the industry is more stable, and the profits of high-quality assets have large room for growth. This is the main reason why Yinyi shares entered the auto parts industry. However, judging from many cross-border acquisitions, the current situation of most companies is not optimistic. Due to the lack of industry experience, financial pressure has increased sharply, which is likely to cause the comprehensive main business to be cut.

1. Market review

U.S. stocks ended lower on Tuesday, with major indexes falling for a second consecutive session. Strong corporate earnings reports failed to boost U.S. stocks, which were already near record highs, to continue rising. The alarming increase in COVID-19 cases around the world, and the high number of new daily infections in the United States, has made the market worried about the prospects of economic recovery. As of the close, the Dow Jones Index fell 0.75%, the Nasdaq Index fell 0.92%, and the S&P 500 Index fell 0.68%.

Before the U.S. stock market opened today, the three major stock index futures were generally down. As of 20:15 Beijing time, Dow futures fell 0.03%, S&P 500 futures fell 0.07%; Nasdaq futures fell 0.26%.

2. News of the day

Can Bitcoin rebound quickly after a sharp fall? JPMorgan warns it may not happen this time

When Bitcoin (BitfinexUSD) experienced such a large decline in the past few times, buyers always returned to the market to buy at low prices to prevent the price from falling further. But this time, JPMorgan strategists are worried. JPMorgan strategists led by Nikolaos Panigirtzoglou noted that if Bitcoin cannot return above $60,000 in the short term, the momentum signal will collapse. The report notes that Commodity Trading Advisors (CTAs) and crypto funds have accumulated long positions in Bitcoin futures in recent weeks, and they have also been the driving force behind the liquidation of these positions in the past few days.

U.S. stock market continues to fall, analysts: short-term correction is normal

U.S. stocks are currently in a volatile period, but analysts say this looks like a short-term correction. But corporate earnings season may determine the outcome of this correction, with the S&P 500 closing at 4,134 on Tuesday, down 1.2% from Friday's record high. "This is a quick move lower to alleviate the overbought nature of the market," said Scott Redler, chief strategy officer at T3Live.com. "A normal correction would bring the S&P 500 to 3983-4000, but this is still a healthy level."

Dogecoin soared 450% in ten days, and Musk supported it. Is it a bubble or the second Bitcoin?

In the past week, the price of the new "Internet celebrity" Dogecoin has risen by about 450%, and more and more retail investors have begun to take notice of this powerful cryptocurrency. However, the price of Dogecoin did not continue to rise. Its price fluctuated again after April 17, with a decline of approximately 18% on all mainstream trading platforms for cryptocurrencies. Trading prices stabilized over the next two days.

U.S. House of Representatives Judiciary Committee passes bill to suppress OPEC's "coalition to raise oil prices"

According to a Reuters report on Tuesday, the Judiciary Committee of the U.S. House of Representatives passed a bill on the same day that allows the prosecution of OPEC countries and countries that cooperate with them for "colluding to push up oil prices." It should be noted that there is still huge uncertainty about whether this bill can enter the voting process of the whole house. It is reported that this bill was proposed by Republican Representative Steve Chabot and passed by voice vote at the Judiciary Committee meeting early Tuesday morning. Affected by this news, combined with the sharp decline in European stock markets on Tuesday and the European Food and Drug Administration's confirmation that Johnson & Johnson's vaccine is linked to rare blood clots, U.S. oil and Brent oil futures fell rapidly by about 3% in a short period of time.

Has US economic data peaked? Morgan Stanley: Stock markets and risk assets may face a tougher environment soon

Michael Wilson, chief equity strategist at Morgan Stanley, said in a report recently that the market is about to experience some potentially major turbulence, with rising cost pressures/supply shortages, peak economic data and earnings revisions, and supply exceeding demand, all of which have led to a decline in market quality, capital reduction, and a deterioration in the highly cyclical part. He also reminded that the data peak has passed and the economy is shifting from the early cycle of this round of recovery to the mid-term cycle.

Powell: Inflation not expected to last

According to the latest news, Powell wrote in a letter to senators on April 8: "We will not allow inflation to significantly exceed 2%, nor will we allow inflation to exceed 2% for a long time. But I need to emphasize that we are fully committed to achieving the dual goals: maximizing employment and stabilizing prices." He also said in the letter: Low inflation restricts the Fed's ability to offset economic shocks with loose policies, and after a decade of ultra-low inflation, the Fed now aims for inflation to be moderately higher than 2%. A repeat of the high inflation seen in the 1960s and 1970s is not currently expected, but if it happens, the Fed has the tools to deal with it. Powell previously said at a House of Representatives hearing that inflation is expected to rise this year, but the impact will not be large or lasting.

UBS: Global auto industry sales cannot double, making it difficult to push up industry valuations

Gong Min, a Chinese automotive industry analyst at the Global Research Department of UBS Investment Research, said that China's automotive industry currently has three major trends, including the counterattack of electric vehicles by traditional car manufacturers, the rise of brands, and the participation of technology giants. He pointed out that the Chinese market is the most dynamic and active in terms of industry activity, freshness, launch, etc. Europe, on the other hand, is dominated by traditional car companies such as Volkswagen and Renault. The advantage is that they can increase capital investment and accelerate industry development. However, at the same time, the future return on investment will be marginally diminishing, and competition within the industry will also intensify. Technology giants are directly involved in car manufacturing or technical cooperation, but it is expected that products will take time to develop and will take at least three years to join the market. Competition will not be too obvious in the short term. Although the valuations of new forces have soared, the actual sales volume and profit margins of the global automobile industry cannot double, so the possibility of pushing up the industry valuation is low unless the automobile industry has different business realization opportunities.

New coronavirus infections surge, Japan declares a state of emergency, and India's epidemic gets out of control

At around 8 pm on April 20, Beijing time, news suddenly came from Japan that Tokyo would seek the Japanese government to declare a state of emergency. The situation in Japan is even more severe than that in India. According to the latest data released by the Ministry of Health of India, as of 8:00 local time on April 20 (10:30 Beijing time), there were 259,170 new confirmed cases of COVID-19 in India in the past 24 hours, bringing the total number of confirmed cases to 15,321,089. Global stock market turmoil intensified, with European and American stock markets falling.

The uprising of European football giants failed

In the early hours of this morning, Beijing time, due to fierce opposition, six Premier League football clubs including Manchester United, Manchester City, Liverpool, Arsenal, Chelsea and Tottenham announced their withdrawal from the European Super League. Subsequently, the league announced its suspension, marking the end of the uprising for the European football giants to establish themselves.

3. Well-known US stocks

Apple Spring Conference: AirTag arrives as scheduled, colorful iMac is the biggest surprise

At 1 a.m. on April 21, Apple held its annual spring new product launch conference, launching new products such as the purple iPhone 12, tracker accessories AirTags, and Apple’s new generation iMac. Among them is the iMac. The addition of the M1 chip was expected. Unexpectedly, it also came with a major facelift. The big black frame that people have been calling for for many years is gone. Colorful colors seem to be the traffic secret that Apple has recently found. There are 7 colors, and there is finally one that suits you. In addition, the keyboard with TouchID and so on are small surprises.

PayPal (PYPL) mobile payment app Venmo supports the purchase and sale of digital currencies such as Bitcoin starting today

According to reports, PayPal’s mobile payment application Venmo will allow users to buy, hold and sell Bitcoin and other digital cryptocurrencies. Analysts say the move will help push cryptocurrencies into the mainstream. Venmo said that starting Tuesday, it will allow users to invest in four different digital currencies with a minimum spend of $1. The four digital cryptocurrencies are Bitcoin, Ethereum, Litecoin and Bitcoin Cash. In addition, users can share their cryptocurrency purchases with friends through Venmo’s social feed.

Netflix (NFLX) first-quarter paid subscriber growth falls far short of expectations

Streaming media giant Netflix released its first-quarter earnings after the market closed on Tuesday. Netflix's first-quarter earnings per share were US$3.75, compared with market expectations of US$2.97; revenue was US$7.16 billion, compared with market expectations of US$7.14 billion. The company said that in the first quarter, there was a net increase of 3.98 million paid streaming users, and the market estimate was a net increase of 6.29 million; in the second quarter, it is expected to have a net increase of 1 million paid streaming users, and the market estimate was a net increase of 4.44 million. Netflix expects second-quarter earnings per share of US$3.16, compared with market estimates of US$2.67, and revenue of US$7.3 billion, compared with market estimates of US$7.38 billion.

Citigroup (C) will exit personal banking business in 13 markets but does not rule out the possibility of more business divestitures

Citibank CEO Fraser recently stated in a program that Citibank is planning to withdraw from personal banking business in 13 markets including mainland China, South Korea, and Australia, in order to focus on more competitive businesses such as private wealth management. CEO Fraser said: "Citibank's top priority in the next ten years is to increase asset returns, shorten the gap with peers, and become a winner in the industry." It is reported that exiting the personal business still requires the completion of multiple internal reviews. The possibility of more business divestitures cannot be ruled out, and there is still more information to be verified and released.

ASML's Q1 net profit increased by 240% year-on-year, and the new EUV order amount was 2.3 billion euros

Data show that the company's Q1 net sales were 4.364 billion euros, a year-on-year increase of 79%, which was 2.441 billion euros in the same period last year; net profit was 1.331 billion euros, a year-on-year increase of 240%, which was 391 million euros in the same period last year. Basic and diluted earnings per share were 3.21 euros and 3.20 euros respectively, compared with 0.93 euros in the same period last year. The value of new orders in Q1 was 4.74 billion euros, including 2.3 billion euros in EUV orders; the value of new orders in the previous quarter was 4.238 billion euros. Gross profit was 2.352 billion euros, compared with 2.212 billion euros in the previous quarter; gross profit margin was 53.9%, compared with 52.0% in the previous quarter.

Regulators ask Credit Suisse (CS) to provide information on Archegos-related share sales

In recent days, Swiss and U.S. regulators have asked Credit Suisse to provide more information on additional stock sales related to the collapse of Archegos Asset Management, people familiar with the matter said. Selling the underlying shares could result in additional losses beyond the $4.7 billion the bank disclosed earlier this month, but any additional losses would be small compared with previous amounts. Credit Suisse has been seeking to sell about $4 billion in shares related to Archegos since disclosing the losses, with the most recent sale last week. Regulators require information on the stock sale and potential losses, as well as how the bank manages its exposure to Archegos.

Wedbush analyst: Apple (AAPL) will reveal its car-building plans within 3-6 months

According to reports, Wedbush analyst Dan Ives said that Apple is expected to disclose its self-driving car project that has been kept secret in the next 3-6 months. Ives said Apple won't actually release a car that consumers can buy until at least 2024. But before that, Apple will release some information about the vehicle. He believes Apple will reveal its car-building plans this summer. At the same time, Ives said Apple needs to "find partners."

4. Famous Chinese Profiles

Xpeng Motors (XPEV) official Weibo: Cumulative orders for Xpeng P5 exceed 10,000 models

Xpeng Motors' official Weibo: As of 15:16 on April 21, 2021, the cumulative orders for the Xpeng P5 exceeded 10,000, becoming the most popular model booked by Xpeng Motors.

Bilibili (BILI) discloses patents related to “real-time chat” to increase screen space utilization

According to the Tianyancha APP, on April 20, Shanghai Huandian Information Technology Co., Ltd., an affiliate of Station B, disclosed a patent for "a real-time chat method". The application date was August 2016, and the public number was CN106059909B. The present invention optimizes the current display format of messages arranged according to the timeline, increases the utilization of screen space, reduces the user's operation of constantly scrolling up due to the excessive number of messages, and improves the user experience.

The9 (NCTY) signed a legally binding term sheet to invest in Canadian Skychain mining custody company

The9 announced that it has partnered with Canadian Skychain Technologies Inc. The company (referred to as "Skychain") has signed a legally binding investment term sheet. The9 is expected to invest a total of 4 million Canadian dollars in Skychain, mainly for the construction and operation of Skychain's digital currency mining project in Bertel, Manitoba, Canada. The new power supply scale of the project is expected to be 12 megawatts. After the mine is completed, Ninetowns plans to deploy its digital currency mining machines here.

JD.com (JD) joins hands with OPPO to upgrade strategic cooperation

JD.com and OPPO signed a strategic cooperation agreement, including the short-term goal of achieving a 170% year-on-year growth in the OPPO brand’s transaction volume on JD.com in 2021, and the medium- and long-term goal of achieving a compound annual growth rate of 100% in the OPPO brand’s transaction volume on JD.com within three years.

Li Xiang, CEO of Li Auto (LI): If the car manufacturer cheats on ADAS technology, it is recommended to stop production and sales qualifications

Li Xiang, CEO of Li Auto, posted on Weibo that he proposed the following regulatory requirements to government regulators regarding ADAS and brake failure issues: 1. Models with ADAS must be equipped with a driving recorder as standard; 2. When recording, the screen must simultaneously display whether ADAS is running; 3. In addition to the display of ADAS operating status, the corresponding basic working status of the accelerator, brake, steering, etc. in ADAS status should also be displayed. Human driving also displays these working statuses. Technically speaking, there is no difficulty, but it provides relatively important evidence, reducing the difficulty for car owners to obtain evidence and the probability that manufacturers feel they have been wronged. If a car manufacturer cheats here, it will directly stop production and sales.

5. Financial forecast

New US stocks

DV | Listed UiPath | Listed SkyWater | Listed NEUROPACE | Listed

US stock earnings report

Verizon | ASML before the market | Before the market

Important Economic Agenda & Data