金色财经报道，中美经贸中方牵头人、国务院副总理何立峰与美方牵头人、美国财政部长贝森特和贸易代表格里尔举行视频通话，双方围绕落实好中美两国元首釜山会晤和11月24日通话重要共识，就下一步开展务实合作和妥善解决经贸领域彼此关切，进行了深入、建设性的交流。双方积极评价中美吉隆坡经贸磋商成果执行情况，表示要在两国元首战略引领下，继续发挥好中美经贸磋商机制作用，不断拉长合作清单、压缩问题清单，推动中美经贸关系持续稳定向好。（新华社）

This week, the U.S. Department of Justice (DOJ) seized the domain tickmilleas.com, which is linked to a large-scale cryptocurrency scam operation in Myanmar. This move demonstrates that the U.S. and international regulators are intensifying their crackdown on cross-border scam networks in Southeast Asia. The website, operated by the Tai Chang Group (also known as Casino Kosai) based in Kyauk Khet, posed as a legitimate trading platform, luring victims to deposit cryptocurrency and displaying fake returns. The DOJ noted that although the domain was only registered in November 2025, the FBI has confirmed that several victims have already been defrauded through the site in the past month, losing their investments. The scam group typically targets victims via social media, dating apps, and instant messaging platforms, establishing virtual intimate relationships before inducing them to make crypto investments through fraudulent platforms.

ChainCatcher message, uh-huh (@EnHeng456) announced that it has completed a donation of a total of 144444 HKD to the Tai Po Wong Fuk Court Assistance Fund supported by the Hong Kong SAR Government and Hong Kong Yan Chai Hospital. It said: "The losses caused by this fire are heart-wrenching. The moment I saw the news, my first reaction was that I should do something within my means. Even if my efforts are small, I hope to bring some support to the affected families. We are taking action, praying for Hong Kong, and doing our part for the reconstruction."

ChainCatcher news, Vantage Foundation has recently donated 1 million HKD to the rescue and post-disaster reconstruction efforts for the Level 5 fire at Wang Fuk Court in Tai Po, Hong Kong. This donation has been allocated to a locally recognized charity for emergency assistance, including temporary accommodation, essential supplies, and mid-term recovery support for the community. In addition to financial support, representatives from Vantage's management and members of the charity team have gone to the site to participate in the rescue efforts, providing comfort and assistance to residents during the post-disaster response. Vantage stated: "At Vantage, we believe that supporting the community during times of crisis is a responsibility we must take on. The Hongfu Garden fire has severely affected many families, and we hope this donation can help them recover more quickly. We are also proud of the team members who proactively went to the site to express their support, as the empathy and cohesion they demonstrated are exactly the values of our company.

PANews, November 29 news, according to CCTV news, the Macro-Prudential Management Bureau of the People's Bank of China has recently issued a notice to fully support the search and rescue of personnel, medical treatment of the injured, and post-incident comfort work for the fire in Tai Po, Hong Kong, ensuring that donations received domestically are credited with zero latency. The People's Bank supports commercial banks in establishing a green channel for cross-border RMB donations. Commercial banks do not need to review document materials and can directly transfer donations to the Tai Po Hong Fu Yuan Assistance Fund account (01287521901607) based on payment instructions from domestic institutions or individuals, and ensure proper submission of RCPMIS data as required.

PANews, November 28 – Cobo announced a donation of 1 million HKD equivalent in stablecoin for fire rescue and community rebuilding in Tai Po, Hong Kong. They are collaborating with the Hong Kong Red Cross to launch a dedicated "Compliance Blockchain Charity Wallet" to ensure that the donations are publicly transparent and traceable throughout the process. The wallet is now open to the public, allowing individuals to transfer donations directly to it, with all funds being used for the related rescue efforts. Cobo stated that they will continue to follow the flow of donations and the progress of post-disaster rebuilding, and are willing to provide free technical support to charitable foundations in need of blockchain donation channels.

The Hong Kong Securities and Futures Commission has initiated a fundraising campaign for employees to support the victims of the Tai Po fire, urging staff to actively participate and provide voluntary assistance. The donations raised will be given to the "Tai Po Wang Fuk Court Relief Fund" to support the victims and their families.

On November 28, news emerged that on the afternoon of November 26, 2025, a level five fire broke out in Wangfu Garden, Tai Po, New Territories, Hong Kong, resulting in significant casualties and property losses. This severe disaster has touched the hearts of the entire Hong Kong and even the global Chinese community, prompting swift action from all sectors through donations, material assistance, and volunteer services to support the affected residents. In this context, the AB Charity Foundation donated 10 million Hong Kong dollars to the Hong Kong General Association for the Promotion of Peaceful Reunification of China, jointly participating in the fire rescue and post-disaster community reconstruction work at Tai Po Wang Fuk Court, working together to promote the sustainable development of humanitarian assistance and related public undertakings. The AB Charity Foundation was established in May 2025 in Ireland, dedicated to promoting global public welfare, with a particular focus on vulnerable groups affected by war and natural disasters, especially women and children. This donation not only reflects the core mission of the AB Charity Foundation of "technology for good," but also demonstrates its holistic approach to the planet, transcending regions and cultures.

Odaily News According to official news, Ju.com donated 2 million HKD to Hong Kong to support disaster-affected families, frontline rescuers, and community reconstruction work. Ju.com stated that it will continue to follow the actual needs in the rescue and reconstruction process in the Tai Po area of Hong Kong and will continue to provide necessary support in the subsequent phases.

Hengfeng International Group and its chairman Qian Fenglei expressed concerns about the fire accident at the Tai Po Hongfu Garden, donating 12 million HKD for emergency relief and reconstruction. Qian Fenglei emphasized the support from all sectors of society and corporate responsibility, stating that they will continue to contribute efforts in the future, follow the progress of the disaster situation, and ensure the effective use of the donations.

PANews, November 27, news from Animoca Brands announcement, in response to the casualties caused by the high-rise residential fire in Tai Po, Hong Kong, the company has launched a non-profit charity initiative, calling on the global encryption community to donate for post-disaster reconstruction. The official has set up two cryptocurrency Wallets to receive donations (EVM: 0x56f7…a2e2, Solana:

Odaily News According to official sources, Gate has urgently established a relief fund of 10 million HKD, specifically aimed at supporting the living assistance and subsequent community reconstruction efforts for residents affected by the fire in Tai Po, Hong Kong. The fund will be allocated in phases based on actual needs and will continue to be invested. Gate expresses its respect to the firefighting and rescue personnel working on the front lines and will continue to monitor the disaster situation, fully assisting the affected communities in overcoming difficulties.

Foresight News reports that the management and shareholders of OSL Group will personally donate HKD 3 million to support emergency relief and post-disaster reconstruction efforts for the fire at Hong Fu Court in Tai Po, Hong Kong. OSL Group expresses deep sorrow over this major incident, paying heartfelt tribute and condolences to the deceased, extending sincere care and sympathy to the affected residents, and expressing high respect for the frontline firefighters and rescue personnel. OSL Group stated, "We are always ready to provide necessary support and actively participate in community reconstruction efforts together with the citizens and society of Hong Kong, working hand in hand to overcome difficulties."

Hong Kong Xiaofei Asset Management Co., Ltd. urgently donated $100,000 to support the community affected by the Tai Po fire, reflecting corporate social responsibility. The donation will be distributed to affected families and rescue personnel through the Hong Kong Youth Student Power Fund, while also innovatively launching channels for donations in both traditional and virtual assets.

Golden Finance reports that U.S. Trade Representative Tai said the U.S. plans to lower the tariff rate on Swiss goods to 15%, similar to that of the EU. He also added that Switzerland has agreed to invest $200 billion in the U.S.

Jin10 data reported on November 3rd that Chow Tai Fook Jewelry has stated that the recently released tax policies related to gold have added extra costs to gold procurement and production. Therefore, starting from November 3rd, Chow Tai Fook Jewelry will adjust the prices of some gold products. Chow Tai Fook Jewelry indicated that it will make reasonable adjustments based on the impact of the policies on business and product retail prices. The price increase will be in line with the cost increase brought about by the new policies.

Jin10 data reported on October 28, Saturday, Chow Tai Fook (06168.HK) announced in the evening on the Hong Kong Stock Exchange that the company will launch a new cooperation model for joint venture stores, which is to team up with franchisees to jointly invest in the establishment and operation of Sanhao stores (excellent location, quality products, outstanding operations). This model is expected to diversify investment risks, stimulate enthusiasm for opening stores, and is anticipated to bring about a rise in the number of stores and an increase in revenue per store, positively impacting the group's performance.

Jin10 data reported on October 20th that, considering the impact of the continuous pump in gold prices on costs, Chow Tai Fook has informed that the group plans to increase the retail prices of gold products by the end of October, with most products expected to rise by 12%-18%. Chow Tai Fook stated that the group has mechanisms in place to closely monitor gold price fluctuations and will make timely price adjustments to respond to market changes.

Jin10 reported on October 10 that as the US dollar rises and gold investors take profits after the ceasefire protocol between Israel and Hamas, gold prices fell below $4000/oz, retreating to below $3950. Independent metal trader Tai Wong said, "As the Gaza ceasefire takes effect, speculators are taking some gold chips off the negotiating table because the ceasefire protocol cools down the situation in the Middle East. However, overall, confidence in this trade has not fundamentally weakened. Still, the previous rise in gold prices was so rapid that there was no real support before $3850."

Odaily News The U.S. Trade Representative Greer stated that U.S. tariff revenue could reach between $600 billion and $1 trillion annually, and that the Office of the U.S. Trade Representative will continue to operate even in the event of a government shutdown. Additionally, the Congressional Budget Office (CBO) indicated that up to 750,000 employees may be forced to take unpaid leave each day during a government shutdown. (Jin10)

On September 25, Jin10 reported that EU Trade Commissioner Valdis Dombrovskis stated that the EU hopes to reach a free trade agreement with Malaysia and two other ASEAN member states before the 50th anniversary of ASEAN-EU relations in 2027. Dombrovskis elaborated on this timeline to Malaysian Prime Minister Anwar Ibrahim during the ASEAN Economic Ministers' Meeting held in Kuala Lumpur. Recently, in order to diversify trade and reduce dependence on the United States, the EU has accelerated negotiations with countries such as the Philippines and Thailand, while also strengthening consultations with India, and has completed negotiations with the Southern Common Market (Mercosur). Additionally, Dombrovskis will meet with U.S. Trade Representative Katherine Tai in Kuala Lumpur this week in an attempt to restart long-stalled negotiations to drop the EU's export tariffs on U.S. steel and aluminum products.

Jin10 Data September 19 - In response to market rumors regarding Chow Tai Fook (01929.HK) "one price" gold jewelry about to rise in price, a relevant person in charge of Chow Tai Fook stated that at this stage, it is confirmed that "one price" gold products will begin to increase in price gradually starting in October, with the adjustment range to be announced later.

Jin10 data reported on September 14, Puris announced that shareholder Guanyu Zhao Tai plans to reduce its holdings in the company by no more than 2,370,100 shares, accounting for 3.00% of the company's total share capital, through centralized bidding and/or block trading within 3 months after the announcement date, which is 15 trading days later.

Gate News Bot news, on September 1, according to CoinMarketCap data, FIL (Filecoin) is currently priced at $2.45, rising 5.68% in the last 24 hours, with a high of $2.51 and a low of $2.18. The 24-hour volume reached $383 million. The current market capitalization is approximately $1.675 billion, an increase of $90 million compared to yesterday. Currently, FIL ranks 57th in global Crypto Assets market capitalization. Filecoin is a decentralized storage network aimed at storing the most important information for humanity. It is an open-source cloud storage market, protocol, and incentive layer. Important recent news about FIL: 1️⃣ **Hong Kong Listed Companies Layout Crypto Assets Investment** Shun Tai Holdings (01335.HK) announced plans to expand its Crypto Assets business by reallocating internal financial resources.

BlockBeats news, on August 31, according to Fox News, U.S. Trade Representative Tai stated that trade negotiations will continue following the tariff ruling made by a U.S. court. (Jin10)

PANews, August 28 news, according to the Hong Kong Stock Exchange announcement, Shun Tai Holdings (01335.HK) announced the expansion of its Crypto Assets business, planning to allocate approximately HKD 70 million from internal financial resources for Crypto Assets trading. The company has established a professional team responsible for managing virtual asset business, primarily investing in Crypto Assets with a history of over 5 years and good liquidity, including Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and Filecoin (FIL). To control risks, the company has implemented strict internal control measures, including a transaction limit not exceeding 10% of the unused budget, a stop-loss threshold set at no more than 20% of the purchase price, and ensuring that the proportion of stable coins in the investment portfolio is not less than 5%.

Jin10 reported on August 12 that Taisheng Group (00687.HK) announced that based on the preliminary review of the unaudited consolidated management accounts for the six months ending June 30, 2025, and the management's preliminary assessment of the relevant management accounts, the Group expects to record a net profit of approximately HKD 34 million for the six months ending June 30, 2025, compared to a net profit of approximately HKD 10.7 million for the six months ending June 30, 2024.

Jiao Yin International has lowered its revenue and net profit forecasts for Jiu Mao Jiu for 2025-27, giving a target price of HKD 2.79 based on a 19 times price-to-earnings ratio for 2026, and maintaining a "Neutral" rating. The report points out that same-store sales continue to decline, but the Tai Er brand is expected to improve in the second half of the year.

Jin10 data reported on July 18th that Jiumaojiu (09922.HK) announced in Hong Kong that in the second quarter of 2025, the same-store daily sales of the group's main brands still showed a declining trend year-on-year, primarily reflecting the ongoing consumption pressure brought about by the external environment. Among them, the year-on-year decline in same-store daily sales of Tai Er and Song Hotpot in the second quarter significantly narrowed compared to the first quarter. The year-on-year decline in same-store daily sales of the Tai Er brand from April to June 2025 showed a monthly narrowing, indicating that operational adjustments have begun to show results and signs of stabilization.

Jin10 reported on July 3 that Ming Tai Aluminum announced that the production of aluminum sheets and foils for the first half of 2025 is 796,600 tons, with sales of 777,900 tons. The production of aluminum profiles is 9,100 tons, with sales of 8,200 tons, excluding the self-used aluminum profile portion.

Jin10 reported on June 26 that on the morning of June 26, Chow Tai Fook announced the results of its share allotment on the Hong Kong Stock Exchange, with the Hong Kong public offering receiving 711.11 times subscription and the international offering receiving 13.55 times subscription; the final offer price was HKD 24, with net proceeds of HKD 1.1927 billion.

Jin10 data June 24 news, Tai Lingwei announced that it expects to achieve an operating income of around 503 million yuan in the first half of 2025, an increase of about 37% year-on-year. It is expected that the net profit attributable to the owners of the parent company in the first half of 2025 will be around 99 million yuan, an increase of about 267%. The net profit attributable to the owners of the parent company, excluding non-recurring gains and losses, is expected to be around 95 million yuan, an increase of about 265%. This period's share-based payment expense is estimated to be around 22 million yuan. If we exclude the impact of share-based payment expenses and related income taxes, the net profit for this period will be around 119 million yuan, an increase of about 269%.

On June 23, Jin10 reported that Tai Lingwei announced that the company's new generation of chips supporting edge AI and multiple internet of things wireless connectivity technologies has entered the stage of large-scale production, with sales of new products reaching tens of millions of RMB in the second quarter of 2025. The large-scale sales of this edge AI new product mark a substantial progress for the company in integrating machine learning and artificial intelligence software and hardware technologies, as well as expanding the edge AI application market. Currently, although the company's edge AI new products have successfully begun to be shipped, the overall shipment volume is still in the early rise stage, and the current proportion of revenue from this is still relatively low.

Golden Ten Data on June 18, Daiwa published a research report pointing out that Chow Tai Fook (01929. HK) announced the issuance of convertible bonds (CBs) to raise approximately HK$8.8 billion, with a share repurchase adjusted net equity dilution rate of 3.7% and a coupon rate as low as 0.375%, which is 100 to 200 basis points lower than the Group's existing financing costs, which can effectively reduce its financing costs. The management also mentioned that all the proceeds will be used for the development of the main jewellery business, and promised to maintain a dividend distribution policy of 70% to 80%. Daiwa believes that although Chow Tai Fook has strong free cash flow and does not need to issue bonds, seizing the low-interest long-term financing window this time will help promote its business transformation, and the conversion period is set at three years, and the share buyback and interest savings will drive earnings per share growth in the short term, so it maintains its "buy" rating.

JPMorgan reports that Chow Tai Fook's future performance looks promising, predicting that the gold price will rise to $3840/ounce in the fiscal year 2026, with sales expected to rise, and the target price raised to HKD 16.4, maintaining an "overweight" rating.

UBS predicts that Chow Tai Fook's future earnings per share will rise by an average of 9% per year, with a dividend yield of up to 6%. They believe it is undervalued and have adjusted their operating profit and earnings per share forecasts, raising the target price to HKD 16, with a rating of "Buy."

Golden Ten Data on June 16, Macquarie Research Report, Chow Tai Fook (01929. HK) revenue decreased by 15% year-on-year in the second half of FY2025. Operating profit grew 15% year-on-year, beating the bank's expectations of 13% and the consensus of 11%. Net profit rose 74% year-on-year, beating the bank's expectations by 24%. Macquarie believes Chow Tai Fook will deliver solid earnings growth in FY2026 on the back of jewellery demand recovery and efficiency improvements, placing Chow Tai Fook on the Select Buy List with an "Outperform" rating. Macquarie lowered its FY2026 and FY2027 net income forecasts by 1.6% and 1.9% respectively to reflect full-year guidance and gold price volatility. Based on the unchanged FY2026 P/E forecast of 15x, the bank lowered its target price by 1.4% to HK$14.1.

Golden Ten Data reported on June 13 that Citi published a research report pointing out that Chow Tai Fook Jewelry (01929. HK) financial results for the fiscal year ended March this year were in line with expectations, with revenue down 18%, net profit down 9% and a payout ratio of 88% for the period. Management expects same-store sales to continue to improve, with mid-single-digit growth for the full fiscal year 2026, similar to the bank's estimate. Regardless of the outlook for gold prices, the bank maintains a positive view on Chow Tai Fook Jewellery, saying that a rise in the gold price will spur the growth of fixed-price gold products, and a decline will lead to a recovery in demand for heavyweight products and support its earnings. The bank believes that the valuation of the stock remains attractive, and raised the company's net profit forecast for FY2026 and FY27 by 20% and 17% respectively, raising the target price from HK$10.2 to HK$14 with a buy rating.

According to ChainCatcher news and Jin10 reports, a spokesman for the EU stated that the EU has sent a technical team to Washington to engage in trade negotiations with the Trump administration. Previously, the EU warned that Trump's proposal to raise steel tariffs to 50% could jeopardize negotiations between both parties and trigger retaliatory tariffs on American goods. The EU spokesman reiterated that if the negotiations do not achieve a balanced outcome, the EU will take countermeasures. EU Trade Commissioner Šefčovič is expected to meet with U.S. Trade Representative Tai in Paris on Wednesday.

According to ChainCatcher news and Jin10 reports, an EU spokesperson stated that the EU has dispatched a technical team to Washington to conduct trade negotiations with the Trump administration. Previously, the EU warned that Trump's increase of steel tariffs to 50% could jeopardize negotiations between both parties and trigger retaliatory tariffs on American goods. The EU spokesperson reiterated that if negotiations cannot achieve a balanced outcome, the EU will take countermeasures. EU Trade Commissioner Sefcovic is expected to meet with US Trade Representative Tai in Paris on Wednesday.

Odaily News U.S. Trade Representative Tai stated that the tariff litigation has not affected trade negotiations, and if the tariff ruling "goes in the opposite direction," we have other tools. (Jin10)

U.S. Trade Representative Tai stated, "We are working to reach a trade agreement as soon as possible. On key goods, the U.S. does not rely on any trade partner. A 10% global tariff is a powerful driver for reducing the deficit." Analysts at the financial website Forexlive believe that everyone should now be clear that the ultimate goal is to achieve a global average tariff rate of 10%. This should reduce overall uncertainty.

Morgan Stanley's research report indicates that Chow Tai Fook's same-store sales decline narrowed in the last quarter, with improved operational quality, optimized product mix, enhanced store productivity, and expanded profit margins. It is expected that the revenue for the fiscal year 2025 will meet guidance, while gross profit margin and operating profit margin will exceed guidance. Morgan Stanley reiterated its "Overweight" rating, with a target price of HKD 10.5, forecasting a net store closure reduction in 2026, and an average annual growth rate of earnings per share of approximately 20% from fiscal years 2025 to 2027.

Golden Ten Data on April 25, Citi issued a research report pointing out that Chow Tai Fook's retail sales value (RSV) in the mainland decreased by 10% year-on-year in the last fiscal quarter, and the performance was weak, although it was in line with expectations, but the data lagged behind its peers. The Group's same-store sales decline in Mainland China narrowed, and the pace of net store closures continued to accelerate and was higher than expected. The bank said it expected demand for both weight-based and fixed-price gold products to be weighed down in April due to the sharp rise in the gold price in April and the increase in the price of fixed-price gold products in early April. The bank has a target price of HK$9.9 and a "buy" rating.

Jin10 data reported on April 22, 2025 (Tuesday), that the prices of gold bars from major banks/brands mostly rose, with some declines. Among them, the prices of gold bars from Caibai Jewelry, Chow Tai Fook, and Lao Feng Xiang increased, with Caibai Jewelry showing the largest rise, up by 35 yuan/gram compared to yesterday.

Golden Ten Data reported on April 10 that Qiu Ti Technology (01478. HK) announced that the number of fingerprint recognition modules sold in March 2025 will be 17.295 million pieces, an increase of 95.1% year-on-year and 26% month-on-month. Among them, the sales volume of capacitive fingerprint recognition modules was 6.048 million, an increase of 40.5% month-on-month and a year-on-year surge of 171.6%; The sales volume of under-screen fingerprint recognition modules was 9.74 million pieces, an increase of 46.7% year-on-year and 42.4% month-on-month; The sales volume of ultrasonic fingerprint recognition modules was 1.507 million pieces, a decrease of 41.6% from the previous month. The total sales volume of camera modules was 30.641 million pieces, a year-on-year decrease of 19.2% and a month-on-month increase of 28.2%. The change in sales volume was mainly due to the adjustment of market strategy and seasonal factors.

Jin10 data reported on April 9, 2025 (Wednesday), that the prices of gold bars from major banks/brands have risen more than they have fallen. Among them, the prices of gold bars from Chow Sang Sang, Chow Tai Fook, and Tsui Wah have increased, with Chow Sang Sang showing the largest rise, up 12 yuan per gram compared to yesterday.