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10/25
12:35
a total of 142 strategic enterprises have now established or expanded their operations in Hong Kong
Hong Kong's Financial Secretary, Paul Chan, stated that as of the end of September this year, the first six batches of strategic enterprises introduced to Hong Kong through the Office for Attracting Strategic Enterprises (OASES) have achieved actual investments of HKD 28.3 billion in the city and created over 10,300 jobs, exceeding initial phased targets by 30% and 34% respectively. In his weekly blog, Chan noted that, including the recently welcomed seventh batch of 18 enterprises, a total of 142 strategic enterprises have now established or expanded their operations in Hong Kong. He anticipates these enterprises will bring approximately HKD 84 billion in investment and create about 27,000 job opportunities in the coming years. Among the first six batches of enterprises, about 70% have established global or regional headquarters in Hong Kong, and nearly 90% have set up R&D centers, bringing capital, employment, R&D, and decision-making functions to Hong Kong, which are crucial for maintaining the city's long-term competitiveness.
12:32
Ebrahim Azizi, Chairman of the Iranian Parliament's National Security Committee
Ebrahim Azizi, Chairman of the Iranian Parliament's National Security Committee, warned Israel on X that if there is a "miscalculation," the occupied territories will become "uninhabitable within an hour." Azizi issued the warning in Hebrew, English, and Persian, directly quoting Israeli Prime Minister Benjamin Netanyahu's speech at an Israeli army graduation ceremony, where Netanyahu stated: "There is only one way to eliminate this threat once and for all—to overthrow the Iranian regime. This is my instruction to the army, the Mossad, and the security forces."
12:11
Back to the Moon
Elon Musk retweeted the latest update from the National Aeronautics and Space Administration (NASA) regarding the Artemis III mission, commenting "Back to the Moon." NASA stated it is sharing updates on the Artemis III mission for next year and plans to return astronauts to the lunar surface by 2028.
12:01
tight supply-demand situation for memory chips in 2027 is largely locked in
Nomura's global memory research team stated in its latest report that there is a 75% probability the AI arms race will continue, and the tight supply-demand situation for memory chips in 2027 is largely locked in. The report suggests that even if tech giants face pressure on their free cash flow, they are unwilling to be the first to exit the competition. Meanwhile, long-term memory supply agreements have already secured supply volumes and prices for 2027. Nomura indicated that closed financing channels and power shortages are key risks that could disrupt this outlook.
12:00
H200 GPU rental prices are up 143% and B200 up 111%
Elon Musk forwarded a16z's tweet showing H200 GPU rental prices are up 143% and B200 up 111% against a standard 6-year depreciation schedule, with most of the gap opening after April due to token demand. Musk commented: "The way to think about this is: How many super smart and dedicated people do you want to hire? And they keep getting better."
11:43
our next forever war
U.S. Senator Chris Van Hollen warned that the Trump administration's Iran campaign is escalating into "our next forever war," and called for an immediate end. He shared an article on X about U.S.-Israeli plans to resume attacks on Iran after the midterm elections, commenting that Trump and Republicans have "deluded themselves for eight months that the next strike or bombing run will finally bring victory," drawing parallels to the Vietnam and Iraq wars.
11:31
the "danger" in Riyadh has been cleared
Saudi Arabia's civil defense department officially announced that the "danger" in Riyadh has been cleared. This followed a statement from the Saudi-led coalition that its air defense systems had intercepted and destroyed a drone targeting the city.
11:25
King Khalid International Airport in Riyadh, Saudi Arabia
Yemen's Houthi group reiterated its warning to airlines, airport staff, and travelers not to use King Khalid International Airport in Riyadh, Saudi Arabia. The group's spokesperson, Yahya Saree, stated that the airport is "unsafe" and remains a "military target." This comes after Riyadh Airport announced on Saturday evening that, starting Sunday, Terminal 1 would be used for domestic flights and Terminal 2 for international flights operated by national airlines. The airport had previously suspended operations on October 10 due to a Houthi attack, which resulted in 13 deaths and over 300 injuries.
11:04
Iranian parliamentary delegation will still participate in the meeting
The Iranian Embassy in India announced that Mohammad Bagher Ghalibaf, Speaker of the Iranian Parliament and chief negotiator, will not attend the 12th BRICS Parliamentary Forum in New Delhi, India, due to "unforeseen circumstances." The embassy stated on the X platform that the Iranian parliamentary delegation will still participate in the meeting and reiterated Iran's commitment as a BRICS member to actively and effectively participate in the group's summits and meetings at the highest level.
11:03
The meeting allowed participants to personally understand Hong Kong's role as a bridge
Hong Kong Financial Secretary Paul Chan said on Sunday that hosting the recently concluded APEC Finance Ministers' Meeting was of great significance to Hong Kong. The meeting allowed participants to personally understand Hong Kong's role as a bridge connecting mainland China with the world, bringing cooperation and market opportunities for Hong Kong's professional services industry. Chan emphasized that APEC member economies find it difficult to reach consensus due to differing political stances, development stages, and needs. Hong Kong will strive to seek common ground while reserving differences and maximize space for cooperation.
11:02
According to the Financial Times, the Bank of Israel on October 24 publicly rejected Prime Minister Netanyahu's proposal to use cryptocurrencies to circumvent potential international financial sanctions, urging the government to maintain economic relations with major trading partners to avoid further restrictions. Previously, Netanyahu had warned of potential international banking sanctions against Israel in a televised interview on October 23, stating that he had requested exploration of alternative financial system solutions, including blockchain and cryptocurrencies.
11:02
Bulgarians are voting in a presidential election today
Bulgarians are voting in a presidential election today, with the two leading candidates, Iliana Iotova and Andrey Gyurov, condemning recent deadly drone strikes on merchant ships off Bulgaria's Black Sea coast. However, they hold differing views on the broader war in Ukraine. Gyurov, backed by pro-Western parties, supports Ukraine and signed a security cooperation agreement with Kyiv during his time as caretaker prime minister. Iotova, supported by current Prime Minister Rumen Radev, advocates for a diplomatic end to the war and a more neutral stance for Bulgaria. The presidency is largely ceremonial, but the election has drawn attention due to the drone attacks, which the Bulgarian government has not explicitly blamed on Russia but stated benefit the Russian Federation. Analysts expect a run-off vote on November 1, as none of the 27 candidates are likely to secure an outright majority in the first round.
10:55
Mitsubishi Motors is re-evaluating its strategic emphasis on Southeast Asia
Mitsubishi Motors is re-evaluating its strategic emphasis on Southeast Asia and will attempt to grow its market share in mature markets like the U.S. and Japan. This pivot comes as Chinese automakers rapidly expand their presence in the Southeast Asian region, though the shift to mature markets faces uncertainty after years of cutbacks.
10:50
The whale is currently down $18.62 million in unrealized losses
Lookonchain reports that a whale holding 93,184 ETH ($214M) in long positions has added $5.67 million USDC in margin to prevent liquidation. The new liquidation prices are now $2,181.69 and $2,177.79. The whale is currently down $18.62 million in unrealized losses and has paid $2.68 million in funding fees.
10:46
Iran is in the "advanced stages" of planning attacks on U.S. personnel abroad
According to Axios and The New York Times, citing U.S. officials and an intelligence memo, Director of National Intelligence Jay Clayton has warned Secretary of State Marco Rubio that Iran is in the "advanced stages" of planning attacks on U.S. personnel abroad. The memo states that U.S. intelligence agencies have received intelligence indicating Iran has "significantly increased its efforts against U.S. personnel," with lethal attack plans reaching an "advanced stage" in the Middle East and other countries.

This warning has prompted Washington to raise the alert level for its personnel in the Middle East and has led to the evacuation of some staff from the region. An official from the Donald Trump administration confirmed the authenticity of the memo to The New York Times. This assessment also supports signals that the U.S. and Israel may be preparing for new military action against Iran, with Tehran reportedly threatening retaliation.
10:42
Arthur Hayes sold tokens worth a total of $28.8 million in the past 24 hours
Lookonchain monitoring shows that well-known crypto figure Arthur Hayes sold tokens worth a total of $28.8 million in the past 24 hours, making a profit of $6.65 million. Among these, he sold another 14 million ENA (worth $2.73 million) two hours ago. Most of his profits came from ETH and ENA, while trades in UNI, ETHFI, AERO, PENDLE, and ZAMA were roughly flat.
10:40
Elon Musk: X is adding a feature to send $1 via X Money by long-pressing the like button
10:26
quality disputes arose in multiple global markets
After the launch of Apple's first foldable phone, the iPhone Duo, quality disputes arose in multiple global markets, with users reporting screen cracks along the central fold area of new devices. Some even experienced screen cracking in less than 6 hours and fewer than 20 folds. According to Tom's Guide and PhoneArena, photos of the damage have been appearing on Reddit. Additionally, durability tests showed that despite the device being rated IP68 for dust and water resistance, dust easily entered the hinge, and destructive bending tests resulted in permanent bright lines on the inner screen and loss of touch functionality. The quality issues of this flagship product, with a starting price of $1999, have led pre-order users to consider canceling their orders. PhoneArena believes similar cases may point to a hinge design flaw, but some argue that it is too early to conclude a systemic defect.
10:25
Goldman Sachs suggests "selectively" buying the dip in AI assets after record hedge fund selling
Goldman Sachs suggests "selectively" buying the dip in AI assets after record hedge fund selling, but remains cautious on rebound prospects due to ballooning capital expenditures and uncertain returns. Goldman noted that AI-related assets experienced a sharp sell-off this week, with its hedge fund VIP basket recording its worst single-day performance since 2011 on Thursday, and Goldman's prime brokerage also seeing the largest tech stock sell-off since September 2024. Although the reduced crowding in AI trades has created buying opportunities for some US tech stocks, Goldman strategist Louis Miller believes the rationale for buying the dip is that earnings expectations for leading AI companies remain stable. However, continuously inflating capital expenditures (e.g., Meta raising its 2026 capex guidance floor to $135 billion, with its stock falling 7% on Thursday) and unclear returns on investment leave Goldman with "limited conviction" on the market's direction.
10:17
Germany's stance regarding the "aggression" against Iran by the US and Israel
Iranian Foreign Ministry spokesperson Esmaeil Baghaei posted on X, highlighting a shift in Germany's stance regarding the "aggression" against Iran by the US and Israel. He contrasted German Chancellor Friedrich Merz's June 2025 remarks on Israeli military actions ("This is Israel doing the dirty work for all of us") with the recent statements made by German Foreign Minister and officials in October 2026 at the Istanbul conference, where they "warned against another attack on Iran and emphasized the need to prevent further escalation." Baghaei also quoted verses from Friedrich Schiller's *The Maid of Orleans* to depict the helplessness of reason being dragged into the abyss by the forces of madness.
10:05
intercepted and destroyed a drone in the Riyadh region
The Saudi-led coalition announced it has intercepted and destroyed a drone in the Riyadh region. Coalition spokesperson Major General Turki al-Maliki shared the news via the X platform.
10:01
South Korea's current account surplus reached $116.63 billion in the second quarter
South Korea's current account surplus reached $116.63 billion in the second quarter, driven by strong chip exports, ranking second among major global economies and exceeding the combined surpluses of Germany and Japan, data released by the Bank of Korea on Sunday showed. According to the International Monetary Fund (IMF), South Korea's surplus was second only to China's $193.72 billion, with Germany ranking third at $52.28 billion.
09:52
Elon Musk stated: “This is a fuller list of the limitations of supercomputer buildout. If anything is missing, however seemingly trivial, the compute doesn’t work.”
09:46
Exynos 2700 mobile processor scored nearly 20% higher than Qualcomm's top-tier Snapdragon chip
Samsung Electronics' next-generation Exynos 2700 mobile processor scored nearly 20% higher than Qualcomm's top-tier Snapdragon chip in internal multi-core CPU tests, industry sources revealed on Sunday. The results came from recent internal benchmark tests comparing the Exynos 2700 with Qualcomm's Snapdragon 8 Elite Extreme Gen 6 chip (featured in the Xiaomi 18 Pro Max). The Exynos 2700 is expected to debut in the Galaxy S27 series early next year. The Exynos 2700 demonstrated outstanding multi-core CPU performance in Geekbench 6.5 tests.
09:45
new Israeli government could bring change for Palestinians
Yossi Mekelberg, a senior consulting fellow at Chatham House, believes the new Israeli government could bring change for Palestinians. Mekelberg told Al Jazeera that a new government led by figures such as Gadi Eisenkot, Yair Golan, Yair Lapid, and Naftali Bennett would adopt a firmer stance, not tolerate settler violence, and potentially suspend the controversial E1 settlement expansion project. He believes this would lead to a more rational dialogue, although achieving lasting progress would also require changes within the Palestinian political system.
09:44
Musk and the Starlink team immediately paused all work
Musk retweeted a post, quoting Austen's account that at the beginning of the Russia-Ukraine conflict, after Russian forces disrupted all communications in Ukraine, the Ukrainian side requested Starlink support from Musk. Musk and the Starlink team immediately paused all work, transported terminals via private jet, and wrote code while the plane flew eastward to enable the terminals to operate over Ukraine. According to Austen's friend, there was no contract or promise of payment for this operation at the time.
09:39
UAE's oil supply rebounded to a record high of 5.3 million barrels per day (bpd) in September
UAE's oil supply rebounded to a record high of 5.3 million barrels per day (bpd) in September, but energy analyst Karl Miller noted in an October 22 report that natural gas, petrochemical production, and fuel inventory replenishment significantly lagged, indicating the energy system still faces dual pressures of supply chain damage and insufficient reserves.
According to International Energy Agency (IEA) data, UAE's oil supply reached a historical peak of 5.3 million bpd in September, with Fujairah port's daily loading volume rising to 2.62 million barrels, and Ruwais Refinery resuming full-capacity operations by late August. However, energy analyst Karl Miller pointed out in an assessment report published on October 22 that natural gas output, petrochemical feedstock supply, and fuel inventories remain well below pre-war levels. Fujairah's refined product inventories have dropped to 7.25 million barrels, a 65% reduction from the approximately 20.7 million barrels before the war. ADNOC Gas's Q2 financial report showed a 32.5% decrease in domestic natural gas production, about a 71% decrease in LNG sales, and a 52% drop in net profit. Miller believes that the rebound in crude oil exports has not led to a full recovery of the energy system; while the UAE has restored its crude oil supply rate, it has not yet restored its ability to withstand the next shock.
09:34
Elon Musk says he expects to see a lot of stranded compute in partially complete data centers.
09:31
Al Jazeera reports an escalation of Israeli blockade and assault operations in Hebron
Al Jazeera reports an escalation of Israeli blockade and assault operations in Hebron, affecting nearly 500,000 Palestinians in the city. Large-scale demolition operations have disfigured the Fash Hawa area, raising concerns about the fate of other parts of Hebron. Overnight, over 200 families were forced from their homes, with some houses forcibly occupied and converted into military outposts. The Hebron Municipality has established temporary shelters, and the Palestinian Ministry of Education has notified schools to suspend classes for the next two days.
09:31
middle powers should strengthen cooperation to avoid being held hostage in geopolitics
Australian Treasurer Jim Chalmers stated that middle powers should strengthen cooperation to avoid being held hostage in geopolitics. He believes that economic security and the strengthening of supply chains will benefit consumers.

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