8:01 Krypton | South Korea is considering capping "borrowing money to speculate in stocks" at 20%; Lei Jun's new Changxin Technology has a floating profit of 700 million? Xiaomi executives respond; Dark Side of the Moon Kimi K3 is officially open source

Today’s Hot Topics: Li Ning sued multiple online accounts for reputational infringement and won the verdict. Xiaomi has registered Pengcheng-related trademarks. Bubble Mart City Park has increased prices. NVIDIA is reported to have signed a lease agreement for a Texas data center worth up to US$50 billion. "Hug Face" is claiming US$100 million from OpenAI for computing power. TOP 3 big news. South Korea considers a 20% cap for "borrowing money to speculate in stocks" South Korea's KOSPI index extended its losses in late trading, falling 11% during the day, falling below 6,000 points for the first time since April 14, and falling more than 30% from its peak in June. According to a report on the Chinese website of South Korea's "JoongAng Ilbo" on the 28th, South Korea's financial regulatory authorities decided that if the overheating of investment in single stock leveraged products fails to subside, additional regulatory measures such as personal investment limits will be introduced. Currently, we are focusing on studying the plan to limit the amount of leveraged investment in individual stocks to no more than 20% of the investment amount in all financial investment products. Statistics previously disclosed by South Korean officials show that as of July 13, the cumulative forced liquidation scale in July reached 344.2 billion won (approximately RMB 1.57 billion), and more than 1.2 million leveraged retail accounts have hit the margin call line. About 320,000 to 360,000 accounts have been forced to liquidate in full by securities companies, and some accounts even owe funds to securities companies. (China-Singapore Jingwei) Lei Jun's new Changxin Technology made a profit of 700 million? Xiaomi executives responded. On July 27, Changxin Technology Group Co., Ltd. officially landed on the Science and Technology Innovation Board. On the first day of listing, its stock price surged, with a closing increase of 465.82%. Its market value rose to 3.28 trillion yuan, making it the company with the highest value in the A-share market. According to Changxin Technology’s previous announcement, a Wuhan company participated in the strategic placement of Changxin Technology and received 18.2448 million shares. Based on the issue price of 8.66 yuan per share, the company made a profit of 736 million yuan on the first day of listing. This company is Wuhan 1810 Enterprise Management Co., Ltd., which was established in 2021. Its office address is located in Wuhan East Lake High-tech Zone. It is worth noting that Wuhan 1810 Enterprise Management Co., Ltd. is a wholly-owned subsidiary of Xiaomi Technology. According to equity information, the chairman of Xiaomi Technology is Lei Jun, and Lei Jun holds 97.48% of Xiaomi Technology’s shares. July 28