Kuaishou said it signed a capital increase agreement involving Beijing Keling and multiple investors, under which investors agreed to make cash capital injections totaling RMB 13,823.60 million (or $2,028.20 million), subject to conditions being met or waived. According to Jin10, Kuaishou said the agreement was signed after trading hours on July 2, 2026, by (i) Beijing Keling, an indirectly wholly owned subsidiary of the company that is expected to hold Kuaishou Group’s Keling AI-related assets and business after the restructuring is completed; (ii) 21 independent investors, Party A and Party B; (iii) Beijing Keling Group Company; (iv) LuckyLabs; and (v) Beijing Kuailingrui. Kuaishou said that, with Beijing Keling’s consent, additional investors may become parties to the agreement by signing a joinder agreement within 60 days from the signing date. It said the total amount of capital increase under the agreement must not exceed RMB 20,447.10 million. Kuaishou said that on the same day as the capital increase agreement, 15 additional investors each signed joinder agreements with Beijing Keling, becoming parties to the agreement and agreeing to inject a combined RMB 5,223.50 million in cash capital, subject to conditions being met or waived. Kuaishou said Beijing Keling may, within the subscription period and within the subscription cap, enter into further joinder agreements with new additional investors.

The US corporate bond market is appearing safer as more highly rated technology companies issue debt tied to the AI boom, according to Bloomberg. Some investors are warning that the improved credit profile could be misleading and may be masking underlying risks.

Market sources said Denmark’s central bank carried out foreign-exchange intervention last month. According to Jin10, the central bank bought 700 million Danish kroner through the intervention.

Slope engineering contractor Fullwealth Holdings (2295) said its controlling stake will change hands after Greensun Global Energy, led by Zhu Liming, agreed to buy 300 million shares, or 75%, from chairman Tse Shing Kei and CEO Ho Ka Kei at HK$0.6545 per share, according to Ming Pao. The total consideration is more than HK$196 million. The offer price represents a 65.6% discount to the closing price of HK$1.9 before trading was suspended on June 22. Zhu will then make a mandatory general offer to Fullwealth Holdings at HK$0.6546 per share. The company’s shares are set to resume trading tomorrow morning.

SAS AB Chief Executive Officer Anko van der Werff is emerging as a front-runner to lead Air Canada, according to people familiar with the matter, according to Bloomberg. He would succeed Michael Rousseau, who said in March he would leave after a public outcry over his omission of French in a corporate video.

A pseudonymous respondent, John Doe 33, appeared in New York Supreme Court to contest a lawsuit seeking control of more than $200 billion in long-dormant Bitcoin. According to NS3.AI, the plaintiffs are seeking title to about 3.799 million Bitcoin associated with 39,069 inactive addresses. The filing includes Bitcoin the plaintiffs claim is linked to Satoshi Nakamoto and early miners.

A U.S. representative to the United Nations said the United States is calling on Iran to return to dialogue and efforts toward peace. According to Jin10, the U.S. permanent representative to the United Nations said, “We call on Iran to return to dialogue and peace efforts.”

China’s most-traded domestic futures contracts closed mostly higher by 23:00. According to Jin10, liquefied petroleum gas (LPG) rose nearly 3%, while methanol gained more than 2%. Propylene, polypropylene, monthly-average polypropylene, asphalt, coke, and monthly-average plastics each rose more than 1%. On the downside, iron ore fell more than 1%, and palm oil slipped nearly 1%.

A U.S. permanent representative to the United Nations said Iran has continued attacking ships as well as Bahrain and Kuwait, despite an existing memorandum of understanding. According to Jin10, the representative made the statement without providing further details.

A U.S. envoy to the United Nations said the United States would not allow Iran to hold the global economy hostage. According to Jin10, the envoy said Iran has attacked civilian vessels and obstructed freedom of navigation, which has affected global agriculture.

EU, regulation, Changpeng Zhao, MiCA deadline arrives: Binance kicked out, who is vying for billions in European liquidity? Jinse Finance, MiCA: The EU isn't offering a multiple-choice question, it's an elimination round.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

Stripe enters the stablecoin network war with OUSD, providing a comprehensive overview of the third paradigm evolution of the digital dollar and the new global payment infrastructure in the AI ​​era.

Solana's consumer application revenue no longer relies solely on memecoin issuance, but is gradually expanding to more consumer scenarios.

For years, Michael Saylor built his reputation as Bitcoin's most outspoken evangelist, relentlessly promoting BTC while criticizing the debt-driven financial system and fiat credit.

Google has lost its final appeal against a €4.125 billion EU antitrust fine over practices linked to its Android mobile operating system. The European Court of Justice ruled that Google abused Android's market dominance by favouring its own services and restricting competition.

Sam Altman has just thrown out the idea of giving the U.S government a 5% stake in OpenAI, which would shape an unusual and never seen before relationship between a private company and Washington as AI becomes an increasingly strategic national priority.

A16Z, Artificial Intelligence, AI Agent, A16Z's Latest Investment: Setting a "Price" for Computing Power (Golden Finance) - The story of AI has been told for a long time, with different protagonists appearing one after another.

With Robinhood's mainnet, stock tokens, AI trading, and DeFi all launched, the era of on-chain finance has arrived.

Norton has added its Genie scam detection tool to Anthropic's Claude after launching it on ChatGPT earlier this year. The tool helps users identify scams, phishing attempts and suspicious links, messages and emails.