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Well-known investor Duan Yongping recently expressed his continued optimism about Pop Mart's future overseas growth potential during discussions with investors. He believes that Pop Mart has high requirements for store location selection, and since quality commercial location resources are scarce, the construction of a global store network will take a long time. With the advancement of the internationalization strategy, the company still has significant store expansion space in overseas markets over the next 5 to 10 years.Recently, Duan Yongping's increased stake in Pop Mart through H&H International Investment has attracted market attention. Public information shows that on May 25, he purchased approximately 9.8232 million shares at about HKD 150 per share, raising his shareholding ratio to 5.69%, making him the company's second-largest shareholder, with a holding market value exceeding HKD 11.7 billion.Driven by market sentiment, Pop Mart's stock price has continued to strengthen recently. Data shows that the company's stock price rose by 8.98% yesterday, and based on the size of his holdings, Duan Yongping's paper profit for the day was nearly HKD 1 billion.It is noteworthy that Duan Yongping's investment attitude towards Pop Mart has undergone a significant change. He had previously publicly stated that he "did not understand" the related business, but as the company's business model gradually matures, he has begun to significantly increase his holdings and is optimistic about the company's long-term development.After becoming the second-largest shareholder, Duan Yongping publicly praised Pop Mart's founder Wang Ning, believing that he has reached a very high level in understanding products and grasping user needs, and stated that he has become a supporter of Wang Ning. He also pointed out that Pop Mart has validated the sustainability of its business model and established strong competitive barriers, possessing long-term investment value.Public information shows that Duan Yongping has further increased his allocation ratio to Pop Mart this year and adjusted some of his holdings in traditional energy sectors to this company, expressing his optimism about its long-term growth prospects.

Driven by optimistic expectations for an extended ceasefire agreement between the U.S. and Iran, the U.S. stock and oil markets continued to strengthen this week. The S&P 500 index rose for the ninth consecutive week, setting the longest winning streak since 2023; Brent crude oil stabilized around $92 per barrel. However, the cryptocurrency market failed to follow the rise of macro risk assets. Over the past week, Bitcoin fell 2.6% to $73,445, Ethereum dropped 2.5% to $2,011, Solana decreased by 2.2%, and TRX saw a decline of 5.6%, making it one of the weakest tokens among the top ten cryptocurrencies by market capitalization. Market analysts believe that the cooling inflow of funds into spot Bitcoin ETFs is putting pressure on coin prices.In contrast, some small and mid-cap tokens performed remarkably well. Among them, the native token of Hyperliquid, HYPE, surged 19.4% this week to around $65, becoming the biggest highlight in the market. Previously, Intercontinental Exchange (ICE) CEO Jeffrey Sprecher referred to Hyperliquid as "a bigger opportunity than Nasdaq" at the Bernstein conference, further boosting market sentiment. Additionally, BNB rose 1.9% this week, XRP increased by 0.7%, and DOGE remained basically flat.On the macro level, U.S. President Trump stated that a final decision on the U.S.-Iran ceasefire memorandum is close, but he still insists on Iran abandoning its nuclear program, handing over its enriched uranium stockpile, and opening the Strait of Hormuz. Market participants believe that due to significant differences between the two sides on key issues, the current rebound in risk assets remains relatively fragile, and any negative news regarding the Iran negotiations could trigger a reversal in market sentiment.

According to Gate market data, the US iShares Technology Software Industry ETF rose by 2.4%, reaching a new high in four months.

According to Gate market data, the S&P 500 technology sector has reached a historic high, with a current increase of 1.7%.

According to Gate market data, the S&P 500 Software and Services Index has reached a four-month high, currently up 2.7%.

According to Gate market data, the Dow Jones Index opened up 78.47 points on May 29 (Friday), an increase of 0.15%, reporting at 50,747.44 points; the S&P 500 Index opened up 12.37 points, an increase of 0.16%, reporting at 7,576 points; the Nasdaq Composite Index opened up 45.45 points, an increase of 0.17%, reporting at 26,962.92 points.

According to Gate market data, U.S. stocks opened slightly higher, with the three major indices rising: the Dow Jones Industrial Average up 0.18%, the S&P 500 up 0.09%, and the Nasdaq Composite up 0.16%. Dell (DELL.N) rose over 30%, with first-quarter results far exceeding expectations. Stocks related to AI server manufacturers rose, with Super Micro Computer (SMCI.O) up over 7% and HP (HPQ.N) up over 6%.

According to Jinshi reports, European Central Bank Governing Council member Simkus expressed support for an interest rate hike in June and believes the likelihood of a second rate hike is higher.

According to Jinshi reports, the Tokyo Stock Exchange index reached a historic high, and the Nikkei 225 index rose by more than 2%.

According to Santiment data, wallets holding at least 100,000 ETH currently hold approximately 17.41 million ETH, reaching the highest level in 9 weeks. This holding accounts for 22.03% of the total supply of Ethereum, setting a new 10-week high.Data shows that during the recent decline in ETH prices, these largest whales have continued to accumulate chips.

According to Gate market data, the three major U.S. stock indices closed higher, with the Dow Jones rising 0.05%, the S&P 500 index up 0.58%, and the Nasdaq up 0.91%. Qualcomm rose 4.24%, Microsoft rose 3.47%, IBM rose 3.53%, and American Rare Earths rose 5.58%. Micron Technology fell 0.53%, and Li Auto fell 1.52%.

According to analyst Yu Jin, after the launch of the spot ETF, the price trends of BTC and ETH are basically consistent with the fund flows of the ETF: inflows correspond to price increases, and outflows correspond to price decreases.The data provided states that from October last year to now, the BTC ETF size has decreased from $169.5 billion to $96.4 billion, a reduction of 43%. During the same period, the price of BTC fell from $125,000 to $73,000, a decline of 41%; the ETH ETF size decreased from $32 billion to $11.6 billion, a reduction of 63%, while the price of ETH dropped from $4,800 to $2,000, a decline of 59%. Recently, the ETF has continued to experience net outflows, corresponding to a price decline that has lasted for about half a month.

According to Jinshi reports, the annual core PCE price index in the United States for April is 3.3%, in line with market expectations, but higher than the previous value of 3.2%.

ETH has fallen below $2000 for the first time since March this year. Over the past 7 days, ETH has cumulatively dropped nearly 8%, with a decline of over 5% in the last 24 hours. Meanwhile, ETH futures open interest (OI) has risen for the third consecutive day, reaching a historic high of 16.39 million ETH, with a nominal value of approximately $3.25 billion. Analysts believe that the continuous rise in OI against the backdrop of falling spot prices indicates that the market is experiencing more aggressive leveraged short-selling behavior.Markus Thielen, founder of 10x Research, stated that more and more investors are beginning to abandon ETH, "ETH does not generate cash flow, and in the context of rising U.S. Treasury yields, the attractiveness of staking yields is declining." Additionally, U.S. spot ETH ETFs have seen a cumulative net outflow of $401 million this month, completely reversing the net inflow of $354 million in April. Market sentiment has also continued to deteriorate due to the departure of core members from the Ethereum Foundation.David Hoffman, co-founder of Bankless, previously stated that he has sold his ETH holdings, believing that the narrative of "ETH as currency" has been fully priced in. The Web3 research institution House of Chimera indicated that the market is questioning the advantages of the Ethereum ecosystem in DeFi, RWA, and tokenization, and whether it can truly reflect back to the ETH token itself.

According to Jinshi reports, the USD/JPY exchange rate is 159.65, reaching a new high since April 30.

According to The Block, the stock prices of Bitcoin mining companies transforming into AI and hyperscale computing continue to rise. IREN rose over 13% on Wednesday, nearing an all-time high, after announcing a $3 billion convertible bond financing, collaborating with NVIDIA to build a 5 GW AI data center, and acquiring Mirantis for $625 million. On Tuesday, it also reached a $1.6 billion agreement with Dell to supply the Blackwell AI system.Cipher and Hut 8 both reached all-time highs, with Cipher rising about 9.5% to $25 and Hut 8 rising nearly 5% to $118, with HUT increasing nearly 600% over the past year. TeraWulf rose over 6% on Wednesday, with a year-over-year increase of about 800%, and its HPC business's quarterly revenue exceeded that of its Bitcoin mining business for the first time. Riot rose 3.3% to $27 on Wednesday, with first-quarter data center revenue of $33 million, primarily from its collaboration with AMD. This year, it has sold part of its Bitcoin holdings to finance AI construction and still holds nearly $1.2 billion in Bitcoin.

According to Gate market data, U.S. stocks closed with the Dow Jones up 0.36%, the S&P 500 index up 0.02%, and the Nasdaq up 0.07%. Tech stocks showed mixed performance, with Micron Technology up 3.63%, Tesla up 1.66%, Qualcomm down over 6%, and Intel down 1.4%.

According to Jinshi reports, Federal Reserve Governor Cook stated that the current risks lean towards higher inflation, and inflation is clearly moving in the wrong direction.

According to Gate market data, after the US stock market opened, the three major indices generally rose, with the Dow Jones Industrial Average up 0.18%, the S&P 500 up 0.07%, and the Nasdaq Composite up 0.17%. Micron Technology (MU.O) saw its stock price increase by 6.6%, as UBS significantly raised its target price to $1,625.