Shenzhen's Airdrop Hunters Are Now Turning to Hong Kong Stock IPOs

marsbitОпубліковано о 2026-04-24Востаннє оновлено о 2026-04-24

Анотація

Shenzhen, a city synonymous with ambition and rapid growth, has long been a hub for those capitalizing on information and opportunity gaps. From its origins as a small fishing village, it has transformed into a global center for electronics, manufacturing, and innovation, home to giants like Huawei, Tencent, and DJI. Arez, a typical Shenzhen entrepreneur in his early thirties, runs an airdrop farming studio in Nanshan. In 2023, his team profited significantly from major airdrops including Arbitrum, Starknet, and LayerZero. At its peak, the operation managed thousands of on-chain addresses, utilizing scripts, IP proxies, KYC resources, and capital rotation to maximize returns. Now, like many others in Shenzhen’s dynamic speculative economy, Arez and his peers are shifting focus—this time to Hong Kong’s IPO market, seeking new avenues for profit in ever-evolving financial landscapes.

Vibrant cities always attract ambitious people, and Shenzhen is one such city.

Over forty years ago, Shenzhen was still a stretch of rice paddies and a few fishing villages on the eastern bank of the Pearl River Estuary. But in the following forty years, it turned Huaqiangbei into the world's largest distribution center for electronic components, turned Dafen Village into a global oil painting factory, and became the birthplace of Huawei, Tencent, DJI, and BYD. In this city, there are too many people who capitalize on price differences through information, liquidity, and regulatory asymmetries.

Arez is a typical Shenzhen native like that.

He is in his early thirties and runs an airdrop hunting studio with friends in an office building in Nanshan. He once made a lot of money for the team from the Arbitrum, Starknet, and LayerZero airdrops in 2023. At its peak, he maintained thousands of on-chain addresses, running scripts, IP proxies, KYC resources, and fund rotations.

Пов'язані питання

QWhat is the main topic of the article?

AThe article discusses how 'Airdrop Hunters' in Shenzhen, who previously focused on cryptocurrency airdrops, are now shifting their focus to participating in Hong Kong's IPO market.

QWho is Arez and what does he do?

AArez is a typical Shenzhen entrepreneur in his early thirties who runs an 'Airdrop Hunter' studio. He and his team made significant profits from airdrops like Arbitrum, Starknet, and LayerZero in 2023.

QWhat are some of Shenzhen's key economic achievements mentioned in the article?

AShenzhen transformed from farmland and fishing villages into a major economic hub. It developed Huaqiangbei into the world's largest electronics components market, turned Dafen Village into a global oil painting factory, and is the birthplace of companies like Huawei, Tencent, DJI, and BYD.

QWhat specific activities did Arez's airdrop hunting studio engage in at its peak?

AAt its peak, Arez's studio managed thousands of on-chain addresses and handled tasks such as running scripts, IP proxying, sourcing KYC resources, and managing capital rotation.

QWhat broader economic behavior does the article suggest is common in Shenzhen?

AThe article suggests that it is common in Shenzhen for people to capitalize on information, liquidity, and regulatory asymmetries to profit from price differences.

Пов'язані матеріали

How Many Tokens Away Is Yang Zhilin from the 'Moon Chasing the Light'?

The article explores the intense competition between two leading Chinese AI companies, DeepSeek and Kimi (Moon Dark Side), and the mounting pressure on Yang Zhilin, the founder of Kimi. While DeepSeek re-emerged after 15 months of silence with its powerful V4 model—boasting 1.6 trillion parameters and low-cost, long-context capabilities—Kimi has been focusing on long-context processing and multi-agent systems with its K2.6 model. Yang faces a threefold challenge: technological rivalry, commercialization pressure, and investor expectations. Despite Kimi’s high valuation (reaching $18 billion), its revenue heavily relies on a single product with low paid conversion rates, while DeepSeek’s strategic silence and open-source influence have strengthened its market position and valuation prospects, now targeting over $20 billion. Both companies reflect broader trends in China’s AI ecosystem: Kimi aims for global influence through open-source contributions and agent-based advancements, while DeepSeek prioritizes foundational innovation and hardware independence, notably shifting to Huawei’s chips. Their competition is seen as vital for China’s AI progress, with the gap between top Chinese and U.S. models narrowing to just 2.7% on the Elo rating scale. Ultimately, the article argues that this rivalry, though anxiety-inducing for leaders like Zhilin, is essential for driving innovation and solidifying China’s role in the global AI landscape.

marsbit5 год тому

How Many Tokens Away Is Yang Zhilin from the 'Moon Chasing the Light'?

marsbit5 год тому

TechFlow Intelligence Bureau: ChatGPT Helps Amateur Mathematician Crack 60-Year-Old Problem, CFTC Sues New York Regulator Over Coinbase and Gemini

An amateur mathematician, with the assistance of ChatGPT, has solved a combinatorial mathematics puzzle originally proposed by Hungarian mathematician Paul Erdős in the 1960s. This marks another milestone in AI-aided mathematical research, demonstrating the evolving capabilities of large language models in formal reasoning. In other AI developments, OpenAI introduced a new privacy filter tool for enterprise API usage, automatically screening sensitive data. Meanwhile, the Qwen3.6-27B model achieved 100 tokens per second on a single RTX 5090 GPU using quantization, significantly lowering the cost barrier for local AI deployment. In crypto and Web3, the U.S. CFTC sued New York’s financial regulator, challenging its oversight of Coinbase and Gemini—a first-of-its-kind federal-state regulatory clash. Following a vulnerability, KelpDAO and major DeFi protocols established a recovery fund. Tether froze $344 million in assets linked to Iran’s central bank upon U.S. Treasury request, highlighting the centralized control risks in stablecoins. Separately, Litecoin underwent a 3-hour chain reorganization to undo a privacy-layer exploit. In the U.S., former President Trump invoked the Defense Production Act to address power grid bottlenecks affecting AI data centers and dismissed the entire National Science Board, raising concerns over research independence. A retail trader gained 250% on a $600k Intel options bet amid AI-related speculation. Xiaomi announced its first performance electric vehicle, targeting rivals like Tesla. Meanwhile, iPhone users reported devices automatically reinstalling a hidden app daily, suspected to be MDM-related. A Chinese securities report noted that A-share institutional crowding has reached its second-longest streak since 2007, signaling high valuations and potential style rotation. The day’s developments reflect a dual narrative: AI is enabling unprecedented individual breakthroughs, while centralized power structures—whether governmental or corporate—are becoming more assertive, underscoring that decentralization is as much a political-economic challenge as a technical one.

marsbit6 год тому

TechFlow Intelligence Bureau: ChatGPT Helps Amateur Mathematician Crack 60-Year-Old Problem, CFTC Sues New York Regulator Over Coinbase and Gemini

marsbit6 год тому

Торгівля

Спот
Ф'ючерси

Популярні статті

Як купити PEOPLE

Ласкаво просимо до HTX.com! Ми зробили покупку ConstitutionDAO (PEOPLE) простою та зручною. Дотримуйтесь нашої покрокової інструкції, щоб розпочати свою криптовалютну подорож.Крок 1: Створіть обліковий запис на HTXВикористовуйте свою електронну пошту або номер телефону, щоб зареєструвати обліковий запис на HTX безплатно. Пройдіть безпроблемну реєстрацію й отримайте доступ до всіх функцій.ЗареєструватисьКрок 2: Перейдіть до розділу Купити крипту і виберіть спосіб оплатиКредитна/дебетова картка: використовуйте вашу картку Visa або Mastercard, щоб миттєво купити ConstitutionDAO (PEOPLE).Баланс: використовуйте кошти з балансу вашого рахунку HTX для безперешкодної торгівлі.Треті особи: ми додали популярні способи оплати, такі як Google Pay та Apple Pay, щоб підвищити зручність.P2P: Торгуйте безпосередньо з іншими користувачами на HTX.Позабіржова торгівля (OTC): ми пропонуємо індивідуальні послуги та конкурентні обмінні курси для трейдерів.Крок 3: Зберігайте свої ConstitutionDAO (PEOPLE)Після придбання ConstitutionDAO (PEOPLE) збережіть його у своєму обліковому записі на HTX. Крім того, ви можете відправити його в інше місце за допомогою блокчейн-переказу або використовувати його для торгівлі іншими криптовалютами.Крок 4: Торгівля ConstitutionDAO (PEOPLE)Легко торгуйте ConstitutionDAO (PEOPLE) на спотовому ринку HTX. Просто увійдіть до свого облікового запису, виберіть торгову пару, укладайте угоди та спостерігайте за ними в режимі реального часу. Ми пропонуємо зручний досвід як для початківців, так і для досвідчених трейдерів.

441 переглядів усьогоОпубліковано 2024.12.12Оновлено 2025.03.21

Як купити PEOPLE

Обговорення

Ласкаво просимо до спільноти HTX. Тут ви можете бути в курсі останніх подій розвитку платформи та отримати доступ до професійної ринкової інформації. Нижче представлені думки користувачів щодо ціни PEOPLE (PEOPLE).

活动图片