Milk Road AI analyst pointed out that Changxin Storage's global DRAM market share has increased to about 7.7% -8%, and its revenue in the first quarter of this year increased by 719% year-on-year to 50.8 billion yuan. Changxin Storage benefits from Samsung, SK Hynix, and Micron's shift in production capacity towards AI server storage, filling the demand for mid to low end DRAM. Changxin Storage has a monthly wafer production capacity of approximately 290000-320000 wafers, which is lower than the scale of Samsung's approximately 630000 wafers and SK Hynix's approximately 500000 wafers. The export restrictions on advanced lithography equipment in the United States have limited the expansion speed of Changxin Storage. Changxin Storage has difficulty entering the HBM market in the short term, while Samsung, SK Hynix, and Micron will still maintain their advantages in high profit products.

According to media reports, Zhongji Xuchuang has stated to potential investors that the listing price for the Hong Kong stock is set at HKD 980, raising HKD 53.41 billion, which is lower than the previously recommended upper limit of HKD 1010 for the stock price.

According to Reuters, Singapore's central bank unexpectedly tightened monetary policy due to rising energy costs and inflation risks caused by the Middle East situation. （Cointelegraph）

According to the Congressional Hill, US Senator Bill Cassidy stated that it seems unlikely for Trump to end the Iran War soon and suggested that Trump seek a path to peace from Congress. Bill Cassidy believes that a more comprehensive national discussion is needed on how to continue advancing. In May of this year, Bill Cassidy became one of the four Republican senators who supported advancing the War Powers Resolution, which called for Trump to withdraw the US armed forces deployed in Iran.

According to Nihon Keizai Shimbun, Seiji Kihara, the head of the "Next Generation Artificial Intelligence and On chain Finance Conception Project Team" of the Japanese Liberal Democratic Party, said that the maximum limit of twice the leverage trading of Japan's current cryptocurrency was too strict and should be relaxed. Market construction requires liquidity and price discovery functions. Relaxing supervision will help restore the liquidity of Japan's cryptocurrency market and attract funds back to Japan.