BTC $80,180.14 -1.52%
ETH $2,321.58 -1.88%
BNB $740.90 -1.89%
XRP $1.29 -2.86%
SOL $100.35 -2.48%
TRX $0.3311 -0.19%
DOGE $0.0781 -2.44%
ADA $0.2004 -3.28%
BCH $280.26 -6.75%
LINK $11.54 -2.14%
HYPE $82.67 +0.83%
AAVE $131.86 -2.65%
SUI $0.9177 -2.56%
XLM $0.1692 -1.40%
ZEC $1,266.17 -3.45%
AAPL $348.43 +0.76%
AMZN $252.26 -0.72%
GOOGL $291.32 -10.76%
MSFT $546.34 +2.96%
META $619.97 -0.57%
NVDA $214.25 -2.61%
TSLA $403.02 -1.66%
SNDK $1,369.90 -0.05%
INTC $92.09 -3.99%
SPCX $144.00 -3.87%
MU $954.91 -1.54%
AMD $563.04 -1.34%
BTC $80,180.14 -1.52%
ETH $2,321.58 -1.88%
BNB $740.90 -1.89%
XRP $1.29 -2.86%
SOL $100.35 -2.48%
TRX $0.3311 -0.19%
DOGE $0.0781 -2.44%
ADA $0.2004 -3.28%
BCH $280.26 -6.75%
LINK $11.54 -2.14%
HYPE $82.67 +0.83%
AAVE $131.86 -2.65%
SUI $0.9177 -2.56%
XLM $0.1692 -1.40%
ZEC $1,266.17 -3.45%
AAPL $348.43 +0.76%
AMZN $252.26 -0.72%
GOOGL $291.32 -10.76%
MSFT $546.34 +2.96%
META $619.97 -0.57%
NVDA $214.25 -2.61%
TSLA $403.02 -1.66%
SNDK $1,369.90 -0.05%
INTC $92.09 -3.99%
SPCX $144.00 -3.87%
MU $954.91 -1.54%
AMD $563.04 -1.34%

ngp

All
Article
Flash

Duan Yongping's estimated unrealized loss on his holdings in Pop Mart is approximately HKD 1.87 billion to HKD 2.12 billion

According to the Hong Kong Stock Exchange's equity disclosure, Duan Yongping holds 106,716,000 shares of Pop Mart (09992.HK) through his investment entities, accounting for 8.01% of the issued shares. Based on the stock price of HKD 132.50 on October 27, the market value of the holdings is approximately HKD 14.14 billion.In terms of cost, Jiemian News quoted market estimates on October 26, indicating that the average comprehensive holding cost is around HKD 150 per share; Lan Jing News previously estimated the comprehensive cost to be about HKD 152.32 per share. The corresponding paper losses are approximately HKD 1.868 billion and HKD 2.115 billion, with loss ratios of about 11.67% and 13.01%. The relevant purchase records are: 9.8232 million shares bought on May 25 at an average price of HKD 150; 4.66 million shares bought on May 28 at an average price of HKD 162.5; 10.59 million shares bought on July 6, calculated at approximately HKD 150; and an additional 1 million shares on September 1 at an average price of HKD 155. The first three transactions total approximately 25.07 million shares, with an investment of about HKD 3.816 billion, and a weighted average price of approximately HKD 152.4.The above is based on media estimates of costs and is not the actual investment gains and losses disclosed by Duan Yongping; part of the underlying position comes from options trading, and the complete holding cost cannot be independently verified solely based on public information. Pop Mart's announcement shows that overall revenue for the third quarter of 2026 (unaudited) is expected to decline by 45% to 50% compared to the third quarter of 2025; a decline of 25% to 30% in China, 65% to 70% in the Asia-Pacific region, 70% to 75% in the Americas, and 50% to 55% in Europe and other regions; offline channels in China are expected to decline by 5% to 10%, while online channels are expected to decline by 45% to 50%.

Zhao Changpeng released a guide on cryptocurrency asset custody, recommending that the custody method be chosen based on asset scale and technical capability

Binance founder Zhao Changpeng released a simplified guide for cryptocurrency asset custody, suggesting that users match security measures according to their holding scale and technical capabilities, while focusing on three major issues: preventing asset theft, avoiding accidental loss, and planning for asset inheritance in advance.Regarding self-custody, Zhao Changpeng advised users to take measures such as storing private keys on offline devices, using reliable hardware wallets, verifying transaction addresses, and setting up multiple off-site backups. He also reminded users to avoid saving keys through photos or screenshots to prevent them from syncing to the cloud and causing leaks. In terms of asset inheritance, users should develop a secure recovery plan in advance, avoiding direct sharing of keys or storing recovery information in an unencrypted form. For centralized trading platforms, Zhao Changpeng suggested that users assess the platform's reputation, security capabilities, and business model, and strengthen account protection through measures such as independent email, strong passwords, two-factor authentication, hardware security keys, and withdrawal address whitelists, while also being vigilant against phishing attacks and API credential leaks.Zhao Changpeng further suggested that users should reasonably allocate assets between centralized trading platforms and personal wallets based on their technical capabilities, security management levels, and funding needs. Self-custody means that users need to independently bear the responsibility for private key protection and asset recovery, while custody by trading platforms involves platform credit and counterparty risk. Additionally, maintaining an independent wallet helps to ensure access to assets during maintenance or service interruptions on trading platforms.

Zhao Changpeng warned about the risk of supply chain attacks on Ledger hardware wallets, suspected to involve a single distributor selling counterfeit or tampered devices

Zhao Changpeng issued a reminder for Ledger hardware wallet users to remain vigilant, especially those who have purchased devices recently. According to the information currently available, this incident appears to be limited to the supply chain, involving a supplier, and a few users may have purchased counterfeit or tampered Ledger devices.Zhao Changpeng stated that Ledger is a well-established and relatively secure hardware wallet brand in the industry, but such incidents can still occur. He anticipates and calls for the BNB ecosystem and the entire cryptocurrency industry to assist in tracking the stolen funds and promoting recovery.Previously, Ledger confirmed that it is investigating an asset theft incident involving Southeast Asian users, who had purchased devices through the distributor CryptoBilis. Ledger has requested CryptoBilis to suspend sales and shipments and advised users who purchased devices through this distributor in the past 90 days not to initialize their devices; if they have already completed the setup, they should create a new Ledger signing device using a new mnemonic phrase and transfer their assets to the new wallet.On-chain investigator Specter estimates that this incident has led to the theft of hundreds of wallets on the Bitcoin, Ethereum, and TRON networks, with losses exceeding 86 million dollars. Security researcher tanuki42 previously estimated the losses to be over 72 million dollars and stated that the amount is still increasing. Currently, the specific cause of the incident and whether the involved devices have security vulnerabilities are still under investigation.
app_icon
ChainCatcher Building the Web3 world with innovations.