Six major automakers in China issued first-half 2026 earnings alerts showing that rising raw material and parts costs are eroding profits, according to Jiemian News. GAC Group expects a net loss attributable to shareholders of 4.06 billion yuan to 4.57 billion yuan, while Changan Automobile forecast profit to fall 57.66% to 67.7% to 740 million yuan to 970 million yuan. Seres expects to swing from a profit a year earlier to a loss of 1.5 billion yuan to 1.8 billion yuan, and BAIC BluePark forecast a loss of 1.77 billion yuan to 1.97 billion yuan. JAC Motors said it expects a loss of about 740 million yuan, while Great Wall Motor also forecast lower first-half net profit. The companies cited higher raw material and component costs, exchange-rate moves, weaker sales, and investment in overseas and self-owned brands as factors behind the weaker results. Jiemian News reported that the increase in storage chip, industrial metal and battery-grade lithium carbonate prices may add at least 4,000 yuan to 7,000 yuan per vehicle, while a luxury-car executive said this year’s raw material increases lifted that company's per-vehicle material cost by about 10,000 yuan. The article said mature storage chip prices have already risen more than 100% in some contracts in the first half, with another 60% to 70% increase possible in the second half. It also noted that GM and Ford signed long-term deals with Micron in July to secure supply, while Nio partnered with and became a strategic investor in Xinchuang Technology for automotive-grade chips. China Passenger Car Association data showed mainland narrow-passenger retail sales fell 20.2% year on year to 8.701 million in the first half of 2026, including 4.704 million new-energy passenger vehicle sales and 3.997 million fuel vehicle sales.

French authorities have ordered Bernard Arnault, the billionaire chief of LVMH, to pay €22.5 million in taxes after years of litigation, according to Jiemian News. A recent ruling by the Paris Administrative Court of Appeal said Arnault and his wife must pay €12.96 million for 2010 in an “additional contribution,” including taxes, social security charges, surcharges and late-payment interest, plus €9.5 million in France’s wealth solidarity tax for 2012 to 2015. Arnault said on July 4 that he would appeal the ruling to France’s top administrative court. His spokesman also said LVMH is France’s biggest taxpayer and contributes more than 1% of French GDP. LVMH’s chief financial officer said on an earnings call that the group’s total income tax bill rose to about €5.5 billion last year, more than €300 million higher than in 2024. The dispute stemmed from a restructuring in which Arnault transferred LVMH-related shares to a Belgian holding company in exchange for shares in that entity. Years later, when the company returned about €50 million to Arnault through a capital reduction, he argued the payment should be treated as a tax-free capital repayment. Bloomberg’s Billionaires Index put Arnault’s net worth at about $167 billion on July 17, ranking him ninth globally. LVMH reported 2025 full-year revenue of €80.81 billion, down about 4.6%, recurring operating profit of €17.755 billion, down 9%, and net profit of €10.878 billion, down 13%.

Hedging costs for dollar swings fell to their lowest level this year, and the one-month implied volatility gauge for the U.S. dollar spot index dropped to its lowest since December last week. According to Jin10, this was well below the surge seen after the outbreak of the Iran war in March, suggesting traders still see a major shock to the global reserve currency as unlikely despite an uncertain Federal Reserve policy outlook and renewed Middle East conflict. The calm market backdrop reinforces one of this year's main features: the durability of U.S. stocks and lower currency volatility, which has encouraged investors to pile into carry trades that profit from interest-rate differences. According to Jin10, such trades tend to perform best when exchange rates and risk appetite remain stable. Francesco Pesole, foreign exchange strategist at ING, said the drop in dollar volatility was "remarkable" and noted that equity resilience supported by the AI boom still appears to be stabilizing exchange rates and helping maintain a self-reinforcing environment of low volatility and widespread carry trades. He added that the strategy should remain popular even if technology stocks pull back.

A券商 analyst said the market had already anticipated a consumption tax on lithium batteries and that the industry expects limited impact. According to Jin10, lithium battery cell prices are about 0.35 yuan/Wh to 0.4 yuan/Wh, and a 2% consumption tax would add roughly 0.007 yuan/Wh to 0.008 yuan/Wh in costs. The analyst said a tax rate range of 2% to 4% would translate into an increase of 12,000 yuan/ton to 25,000 yuan/ton for lithium carbonate. The article said rising lithium carbonate prices and still-tight order demand mean the future tax impact would not be large. For end-market consumers, the impact is also limited, with a 2% to 4% tax rate adding only several hundred yuan to the cost of a vehicle, far less than the cost pressure caused by previous lithium price swings. Cui Dongshu, secretary-general of the China Passenger Car Association, said the policy adjustment means the era of equal treatment between oil and electric vehicles has officially begun. The article said the tax preference period for new energy vehicles is being phased out in stages and in a measured way, from the halving of purchase tax and the removal of vehicle and vessel tax exemptions to the resumption of consumption tax on batteries.

Tom Lee said AI downstream assets are strengthening as stocks tied to the AI "bottleneck" have pulled back, with related names including SMH, DRAM, MAGS, IGV, ETHA, and Ethereum ETH. According to ChainCatcher, he added that over the past month, Ethereum has outperformed DRAM by about 5,500 basis points, or 55%.

Injective plans to launch Injective Mint, an RWA tokenization platform that is now in private testing. According to Foresight News, the platform lets institutions create and manage compliant assets without writing code and includes compliance features such as holder restrictions, jurisdiction screening, freeze controls, and a global pause function. The platform will support on-chain issuance of regulated assets including U.S. Treasuries, stablecoins, and funds. Injective has also filed a transfer agent registration application with the U.S. SEC. If approved, it would maintain the official on-chain record of securities ownership, covering dividends, voting, and transfers, and provide a compliance path for on-chain securities issuance.

Investors' costs for hedging against dollar volatility have fallen to their lowest level this year as markets see a lower chance of a major near-term shock to the currency. According to Odaily, Bloomberg's one-month implied volatility index for the Bloomberg Dollar Spot Index fell this week to its lowest level since December and has eased sharply from the peak reached after market swings triggered by the outbreak of the Iran war in March. Market participants said traders are not currently pricing in a sharp dollar volatility risk, even though the outlook for Federal Reserve policy remains uncertain and tensions in the Middle East continue to rise. The report said the decline in dollar volatility reflects some easing in concern over future exchange-rate conditions and shows the market is waiting for new macroeconomic catalysts.

The U.S. military said it destroyed a maritime surveillance tower at Qalantari Port on July 16. According to Jin10, U.S. Central Command said the tower was part of an Iranian Revolutionary Guard maritime surveillance network used for decades along the Gulf of Oman coast to track and target merchant ships transiting the Strait of Hormuz. The command said the strike directly reduced the Revolutionary Guard's ability to coordinate attacks on innocent civilian crews. It also said the action protected freedom of navigation for all vessels in the area's waters, except ships attempting to violate the United States' ongoing maritime blockade on Iran.

من باي بال إلى سترايب، ومن المدفوعات عبر الإنترنت إلى مدفوعات البلوك تشين، ومن العملات الورقية إلى العملات المشفرة، فإن المبادئ كلها متشابهة.

أطلقت Jinse Finance "Jinse Web3.0 Daily"، التي تقدم لكم أحدث وأسرع الأخبار حول الذكاء الاصطناعي، والتمويل اللامركزي، والمنظمات اللامركزية المستقلة، والرموز غير القابلة للاستبدال، وصناعة الميتافيرس.

عام في الكونغرس دون نتائج: تسببت التأخيرات في قانون CLARITY في ارتفاع تكاليف الامتثال لشركات العملات المشفرة بشكل كبير.

هل محطة تحويل الرموز الرقمية المدعومة بالذكاء الاصطناعي مشروع عالي المخاطر وعالي الربحية؟ وفقًا لشركة جينسي فاينانس، فإن تشغيل محطة تحويل الرموز الرقمية يكاد يكون مستحيلاً من حيث الامتثال للوائح.

وجهت رؤوس الأموال التقليدية ورؤوس أموال العملات المشفرة انتباهها في نفس الوقت تقريبًا إلى نفس مجموعة الأهداف في نفس الأسبوع.

بدأت شركة Base في تعديل تركيزها الاستراتيجي بشكل استباقي، حيث أعادت التركيز على القطاع المالي وحاولت إعادة تشغيل محرك نموها من خلال التمويل عبر سلسلة الكتل.

على مدار العام الماضي، انخفض سعر البيتكوين بنسبة 46.12%، لكن أسهم تعدين البيتكوين لم تنخفض بالتوازي.

بيت التمويل الشامل: بيت مالي يربط جميع فئات الأصول العالمية، ويعمل على مدار الساعة طوال أيام الأسبوع، وهو مفتوح لأي مؤسسة وفرد.

تم القبض على ثلاثة رجال في المملكة المتحدة وسجنهم بعد انتحالهم صفة ضباط شرطة لخداع حاملي العملات المشفرة وحملهم على تسليم ما يقرب من 5.4 مليون دولار من الأصول الرقمية.

على مدار الأشهر الثمانية عشر الماضية، قامت شركة Stripe بسلسلة من التحركات الاستراتيجية التي تبدو متباينة ولكنها في النهاية متقاربة: Bridge و Privy و Tempo و OUSD و PayPal.