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Hong Kong AI stocks saw a partial rise, with Zhipu (02513.HK) increasing by over 30%, Changfei Optical Fiber Cable (06869.HK) rising by over 20%, MINIMAX-W (00100.HK) up by over 12%, InnoCare (02577.HK) gaining over 8%, and Lanke Technology (06809.HK) climbing over 4%.

[Hong Kong AI Stocks Rise, Zhipu (02513.HK) Surges Over 30%]Hong Kong AI stocks saw a partial rise, with Zhipu (02513.HK) increasing by over 30%, Changfei Optical Fiber Cable (06869.HK) rising by over 20%, MINIMAX-W (00100.HK) up by over 12%, InnoCare (02577.HK) gaining over 8%, and Lanke Technology (06809.HK) climbing over 4%.

Hong Kong AI Stocks Rise, Zhipu (02513.HK) Surges Over 30%

On June 22, Zhipu Technology (02513.HK) in the Hong Kong stock market continued to rise, with its stock price surpassing HKD 2500, currently up over 20%. (Jin Shi)

[Zhipu Technology (02513.HK) Stock Price Surpasses HKD 2500, Up Over 20%]On June 22, Zhipu Technology (02513.HK) in the Hong Kong stock market continued to rise, with its stock price surpassing HKD 2500, currently up over 20%. (Jin Shi)

Zhipu Technology (02513.HK) Stock Price Surpasses HKD 2500, Up Over 20%

On June 22, Zhipu's stock continued to rise in the Hong Kong market, surpassing HKD 2500, with an increase of over 20%.

[Zhipu Stock Price Surpasses HKD 2500, Up Over 20%]On June 22, Zhipu's stock continued to rise in the Hong Kong market, surpassing HKD 2500, with an increase of over 20%.

Zhipu Stock Price Surpasses HKD 2500, Up Over 20%

On June 22, Qatar and Pakistan issued a joint statement. The statement noted that the first round of high-level talks held under the framework of the US-Iran memorandum of understanding has concluded in Switzerland. Based on the memorandum of understanding, the parties agreed to establish a high-level committee to provide political oversight for the mediation efforts. The chief negotiators will regularly report to the high-level committee. The high-level committee has reached a consensus on a timeline to achieve a final agreement within 60 days, laying the groundwork for the immediate initiation of further technical talks. Additionally, the parties agreed to establish a conflict resolution coordination group between the relevant parties and the Republic of Lebanon, with the mediators providing assistance to ensure the cessation of military operations in Lebanon in accordance with the memorandum of understanding. Technical talks will continue for the remainder of the week at the Bürgenstock resort in Switzerland to address all issues.

[Qatar and Pakistan Joint Statement: First Round of High-Level US-Iran Talks Concludes, 60-Day Roadmap Established]On June 22, Qatar and Pakistan issued a joint statement. The statement noted that the first round of high-level talks held under the framework of the US-Iran memorandum of understanding has concluded in Switzerland. Based on the memorandum of understanding, the parties agreed to establish a high-level committee to provide political oversight for the mediation efforts. The chief negotiators will regularly report to the high-level committee. The high-level committee has reached a consensus on a timeline to achieve a final agreement within 60 days, laying the groundwork for the immediate initiation of further technical talks. Additionally, the parties agreed to establish a conflict resolution coordination group between the relevant parties and the Republic of Lebanon, with the mediators providing assistance to ensure the cessation of military operations in Lebanon in accordance with the memorandum of understanding. Technical talks will continue for the remainder of the week at the Bürgenstock resort in Switzerland to address all issues.

Qatar and Pakistan Joint Statement: First Round of High-Level US-Iran Talks Concludes, 60-Day Roadmap Established

On June 22, the American financial blog portal ZeroHedge cited UBS data to break down the costs of AI large model tokens. It pointed out that for every $1 invested in AI tokens, $0.44 goes towards fixing bugs generated by AI, while only $0.18 actually delivers value to users, highlighting the high inefficiency costs within the AI toolchain.

[Cost Breakdown of AI Large Model Tokens: User Utilization Rate Below 20%]On June 22, the American financial blog portal ZeroHedge cited UBS data to break down the costs of AI large model tokens. It pointed out that for every $1 invested in AI tokens, $0.44 goes towards fixing bugs generated by AI, while only $0.18 actually delivers value to users, highlighting the high inefficiency costs within the AI toolchain.

Cost Breakdown of AI Large Model Tokens: User Utilization Rate Below 20%

On June 22, both Brent and WTI crude oil prices fell by more than 1% during the day, settling at $76.47 per barrel and $79.32 per barrel, respectively. (Jin Shi)

[Brent and WTI Crude Oil Prices Drop Over 1% Today]On June 22, both Brent and WTI crude oil prices fell by more than 1% during the day, settling at $76.47 per barrel and $79.32 per barrel, respectively. (Jin Shi)

Brent and WTI Crude Oil Prices Drop Over 1% Today

On June 22, Intel CEO Pat Gelsinger spoke on a podcast about the collaboration with Tesla CEO Elon Musk on the Terafab initiative. Gelsinger noted that both he and Musk share the view that the development of semiconductor infrastructure has not kept pace with the growth of artificial intelligence, highlighting gaps in capacity, production efficiency, and power efficiency. During the program, Gelsinger praised Musk as 'one of the greatest entrepreneurs of the century,' expressing his enjoyment in the collaborative process with Musk, who questions traditional methods at every stage. Gelsinger mentioned Musk's clear vision, stating that robots and cars require a large number of chips. Specifically, Gelsinger explained that Terafab is Musk's decision to build a chip factory independently, and Intel is eager to collaborate with him to accelerate production using some of their technologies and processes—this is a project of mutual cooperation.

[Intel CEO Pat Gelsinger Discusses Terafab Collaboration, Praises Musk as 'One of the Greatest Entrepreneurs of the Century']On June 22, Intel CEO Pat Gelsinger spoke on a podcast about the collaboration with Tesla CEO Elon Musk on the Terafab initiative. Gelsinger noted that both he and Musk share the view that the development of semiconductor infrastructure has not kept pace with the growth of artificial intelligence, highlighting gaps in capacity, production efficiency, and power efficiency. During the program, Gelsinger praised Musk as 'one of the greatest entrepreneurs of the century,' expressing his enjoyment in the collaborative process with Musk, who questions traditional methods at every stage. Gelsinger mentioned Musk's clear vision, stating that robots and cars require a large number of chips. Specifically, Gelsinger explained that Terafab is Musk's decision to build a chip factory independently, and Intel is eager to collaborate with him to accelerate production using some of their technologies and processes—this is a project of mutual cooperation.

Intel CEO Pat Gelsinger Discusses Terafab Collaboration, Praises Musk as 'One of the Greatest Entrepreneurs of the Century'

On June 22, Qatar and Pakistan issued a joint statement. The statement noted that the first round of high-level talks held under the framework of the US-Iran Memorandum of Understanding has concluded in Switzerland. Based on the memorandum, the parties agreed to establish a high-level committee to provide political oversight for the mediation efforts. Chief negotiators will report regularly to the high-level committee. The committee has reached a consensus on a timeline to achieve a final agreement within 60 days, laying the groundwork for the immediate initiation of further technical talks. Additionally, the parties agreed to establish a conflict resolution coordination group between the relevant parties and the Republic of Lebanon, with assistance from the mediators, to ensure the cessation of military operations in Lebanon according to the memorandum. Technical talks will continue for the remainder of the week at the Bürgenstock resort in Switzerland to address all issues. (Jinshi)

[Qatar and Pakistan Joint Statement: First Round of High-Level Talks Between US and Iran Concludes, Parties Agree on 60-Day Roadmap]On June 22, Qatar and Pakistan issued a joint statement. The statement noted that the first round of high-level talks held under the framework of the US-Iran Memorandum of Understanding has concluded in Switzerland. Based on the memorandum, the parties agreed to establish a high-level committee to provide political oversight for the mediation efforts. Chief negotiators will report regularly to the high-level committee. The committee has reached a consensus on a timeline to achieve a final agreement within 60 days, laying the groundwork for the immediate initiation of further technical talks. Additionally, the parties agreed to establish a conflict resolution coordination group between the relevant parties and the Republic of Lebanon, with assistance from the mediators, to ensure the cessation of military operations in Lebanon according to the memorandum. Technical talks will continue for the remainder of the week at the Bürgenstock resort in Switzerland to address all issues. (Jinshi)

Qatar and Pakistan Joint Statement: First Round of High-Level Talks Between US and Iran Concludes, Parties Agree on 60-Day Roadmap

On June 22, Taiko announced on platform X that its chain state verification mechanism has been compromised, rendering all security assumptions for cross-chain bridges deployed on Taiko unreliable. Taiko stated that it is coordinating with its security committee and ecosystem partners to manage the situation, pausing affected systems and taking technical and legal actions. Taiko strongly advises all users to immediately withdraw funds from cross-chain bridges deployed on Taiko. Additionally, Taiko urgently requests all centralized exchanges to suspend TAIKO token deposit services until further official notice. Previously, the Taiko ERC20 Vault was attacked, resulting in losses exceeding $1 million.

[Taiko Chain State Verification Mechanism Compromised, Users Urged to Withdraw Funds from Cross-Chain Bridges]On June 22, Taiko announced on platform X that its chain state verification mechanism has been compromised, rendering all security assumptions for cross-chain bridges deployed on Taiko unreliable. Taiko stated that it is coordinating with its security committee and ecosystem partners to manage the situation, pausing affected systems and taking technical and legal actions. Taiko strongly advises all users to immediately withdraw funds from cross-chain bridges deployed on Taiko. Additionally, Taiko urgently requests all centralized exchanges to suspend TAIKO token deposit services until further official notice. Previously, the Taiko ERC20 Vault was attacked, resulting in losses exceeding $1 million.

Taiko Chain State Verification Mechanism Compromised, Users Urged to Withdraw Funds from Cross-Chain Bridges

According to Beating monitoring, U.S. Vice President JD Vance stated in an interview with CEO Diary that Trump supports the establishment of a sovereign wealth fund in the U.S. to hold stakes in several leading AI giants. Vance believes that allowing large model companies to grow into unregulated monopolies worth trillions of dollars will only make the rich richer while the poor become subservient. He advocates for national equity stakes and the introduction of a 'pre-distribution' mechanism, similar to union collective bargaining, to ensure that workers have a seat at the decision-making table and can directly share in the technological dividends during the initial distribution, preventing the poor from becoming dependent on the charity of the wealthy rather than relying on traditional tax redistribution. Elon Musk subsequently voiced a contrasting opinion on the X platform, proposing a superior alternative to government equity stakes: direct cash payments from the Treasury to the public. Musk explained that with AI and robotics driving production growth at a rate far exceeding the growth of the money supply, direct cash payments would not trigger inflation; rather, humanity will need to vigorously combat deflation in the future. The core disagreement between the two lies in their approaches to addressing wealth disparity: Vance favors state investment and labor negotiations to intervene at the production end, preventing asset returns from being monopolized by a few; Musk, on the other hand, prefers direct monetary policy intervention, opposing state intervention in the ownership of production resources, and advocates for using the material abundance brought about by technology to provide cash support at the consumption end.

[Vance Advocates for National Investment in AI Giants, Musk Proposes Direct Cash Payments to Citizens]According to Beating monitoring, U.S. Vice President JD Vance stated in an interview with CEO Diary that Trump supports the establishment of a sovereign wealth fund in the U.S. to hold stakes in several leading AI giants. Vance believes that allowing large model companies to grow into unregulated monopolies worth trillions of dollars will only make the rich richer while the poor become subservient. He advocates for national equity stakes and the introduction of a 'pre-distribution' mechanism, similar to union collective bargaining, to ensure that workers have a seat at the decision-making table and can directly share in the technological dividends during the initial distribution, preventing the poor from becoming dependent on the charity of the wealthy rather than relying on traditional tax redistribution. Elon Musk subsequently voiced a contrasting opinion on the X platform, proposing a superior alternative to government equity stakes: direct cash payments from the Treasury to the public. Musk explained that with AI and robotics driving production growth at a rate far exceeding the growth of the money supply, direct cash payments would not trigger inflation; rather, humanity will need to vigorously combat deflation in the future. The core disagreement between the two lies in their approaches to addressing wealth disparity: Vance favors state investment and labor negotiations to intervene at the production end, preventing asset returns from being monopolized by a few; Musk, on the other hand, prefers direct monetary policy intervention, opposing state intervention in the ownership of production resources, and advocates for using the material abundance brought about by technology to provide cash support at the consumption end.

Vance Advocates for National Investment in AI Giants, Musk Proposes Direct Cash Payments to Citizens

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ctr currently trades at 0.011793 USDT, up 10.34% in 24h, according to HTX market data.

Vance Advocates for National Investment in AI Giants, Musk Proposes Direct Cash Payments to Citizens

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