Search results for "KANG"
11:58

Kanglong Huacheng: Xinchong Kangcheng and its concerted action partner Xinchong Longcheng collectively reduced their shareholding by 3.36%.

Kanglong Huacheng announced that Xincheng Kang and his concerted parties have reduced their holdings by 55.213 million shares, accounting for 3.36% of the total share capital. The reduction is due to funding needs and changes in restricted stocks, and they will continue to reduce their holdings in the next 12 months, with no plans for increasing holdings.
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05:52

Warning! China’s "DGCX Xinkangjia" has been exposed in a 13 billion RMB fraud case, with 2 million victims, revealing the high-yield trap.

In the wave of digital finance, the temptation of high returns often comes with enormous risks. Recently, the Chinese investment community was shocked by a stunning fraud case: a platform named "DGCX Xin Kang Jia" impersonated the Dubai Gold and Commodities Exchange (DGCX) and illegally raised as much as 13 billion RMB within just two years, resulting in over 2 million victims. This case not only has a massive scale but also reveals how criminals exploit emerging concepts and human weaknesses to weave seemingly beautiful wealth traps. The Public Security Bureau of Taojiang County in Hunan Province has issued a warning, reminding the public to stay vigilant and refrain from participating in such unapproved investment activities.
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08:30

Weixin Kang: The current operating status is normal, and there are no significant matters that should be disclosed but have not been disclosed.

Jin10 Data reported on July 4th that Weixin Kang announced that the company's stock had a cumulative divergence of more than 20% in the closing price rise over two consecutive trading days (July 3rd and July 4th), which constitutes an abnormal fluctuation in stock trading. After the company's self-examination and verification with the actual controller, controlling shareholder, and their concerted parties, it was confirmed that, as of the date of this announcement, there are no significant matters that should have been disclosed but were not. Currently, the company's fundamentals have not undergone significant changes.
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16:39

Andrew Kang: Bitcoin may continue to fluctuate upward, with a short-term pullback of more than 30% being unlikely.

BlockBeats news, on June 14, Mechanism Capital partner Andrew Kang stated on social media that "the measures taken by Trump during the trade war" were the absolute bottom for Bitcoin. The current market environment is very favorable for Bitcoin to continue its upward fluctuations. It is expected that before Bitcoin reaches at least 140,000 to 160,000 USD, it will be difficult to see a pullback of more than 30%.
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BTC-2.63%
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11:36

Andrew Kang: Companies adopting ETH treasury strategies and Ethereum ETFs are on the same path.

Odaily News Mechanism Capital partner Andrew Kang stated in a post on the X platform that companies adopting the ETH treasury strategy may develop in a way similar to Ethereum exchange-traded funds (ETH ETF), with demand expectations far exceeding reality, and it is expected that most asset net values will be significantly discounted by next year. Andrew Kang also shared his analysis on the impact of Ethereum ETF released in June 2024, which pointed out that unless Ethereum develops a compelling way to improve its economic situation, it will be hard to be bullish.
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ETH-3.11%
03:44

Japan's core inflation rate is higher than expected, increasing the likelihood of the Bank of Japan raising interest rates in July.

On May 23, Min Joo Kang, a senior economist in South Korea and Japan, said in a research report that Japan's core inflation rate was higher than expected, increasing the likelihood that the Bank of Japan will raise interest rates in July. Inflation will remain above the Bank of Japan's target of 2.0%. After a possible 25bp rate hike in July, the Bank of Japan is likely to remain on hold for quite some time due to the high level of uncertainty surrounding US tariffs.
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12:29

Strategy and its executives are facing a class action lawsuit due to their Bitcoin investment strategy.

According to Gate News bot, a Form 8-K filed by Strategy (formerly MicroStrategy) with the U.S. SEC shows that Strategy, along with its CEO Michael Saylor, CFO Phong Le, and executive Andrew Kang, is facing a class-action lawsuit in the U.S. District Court for the Eastern District of Virginia on May 16. The plaintiff pointed out that from April 2024 to April 2025, the company made misleading statements regarding its Bitcoin investment strategy and financial expectations, and did not fully disclose the volatility of Bitcoin and the risks associated with the new accounting standards. The lawsuit did not disclose a specific amount of compensation. The Strategy side has expressed that it will actively defend itself, and the outcome of the lawsuit and potential losses cannot currently be determined.
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BTC-2.63%
11:29

Seres: Implementation of the senior management and core team shareholding plan has been completed.

Jin10 data reported on April 18, the company Sirius announced that as of April 18, 2025, the company's senior management and core team increased their shareholding through centralized bidding transactions totaling 248,400 shares, accounting for 0.0152% of the company's total share capital, with a total increase amount of 33.1379 million yuan. This increase plan has been implemented. The increase subjects include senior management personnel such as Yin Xianzhi, Shen Wei, Wang Ping, Zhou Lin, Liu Lian, Kang Bo, Huang Qizhong, and 5 core members of the core team. The aforementioned personnel promised not to reduce the company shares purchased during the implementation period of the increase plan and within 6 months after the increase is completed.
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14:34

Kang Asia Holdings purchases another 10 Bitcoins, bringing total Holdings to 28.88 coins.

PANews reported on April 14 that Hong Kong-listed company Gangya Holdings (01723) announced that it has purchased approximately 10 Bitcoins on the open market, with a total transaction amount of approximately HKD 6,267,843 (about USD 806,671). Together with the previous three purchases of 18.88 Bitcoins, the company currently holds a total of 28.88 Bitcoins, with a total investment of approximately HKD 19,633,479 (about USD 2,526,829). The transaction funds come from the company's existing cash reserves.
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BTC-2.63%
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00:45

Traders made a profit of 4.27 million USD by going long on BTC with 40x leverage on Hyperliquid.

Gate.io News bot message, a trader has gone long on Bitcoin with 40x leverage on the Hyperliquid platform, currently realizing an unrealized profit of 4.27 million dollars. According to reports, the trader switched to go long on BTC after closing an ETH short position on the MUX platform 11 hours ago, locking in a profit of 6.16 million dollars within 24 hours. According to Lookonchain data, this transaction comes from a wallet funded by @Rewkang (it has been confirmed that this wallet does not belong to Andrew Kang). The wallet deposited 2.5 million USDC into Hyperliquid, establishing a position of 1,292 BTC (worth 100 million dollars), with a liquidation price of $77,248.
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HYPE0.33%
BTC-2.63%
BOT-10.28%
ETH-3.11%
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11:00

Jian Kang Yuan: 2024 net profit of 1.387 billion yuan, a year-on-year decrease of 3.90%, plans to distribute 10 PI 2 yuan.

Jin10 data reported on April 7, the announcement from Health元 shows that the operating revenue for 2024 is 15.619 billion yuan, a decrease of 6.17% year-on-year. The net profit attributable to shareholders of the listed company is 1.387 billion yuan, a decrease of 3.90% year-on-year. The company plans to distribute cash dividends based on the total share capital of the company determined by the equity registration date set in the 2024 annual profit distribution plan, distributing a cash dividend of 2 yuan (including tax) for every 10 shares to all shareholders, with the remaining undistributed profits carried forward to future years.
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11:01

The founder of Mechanism Capital predicts that the ETH price will drop to the range of 1000-1500 dollars.

According to Gate.io News bot, as reported by Wu, Andrew Kang, the founder of Mechanism Capital, stated on social media that although he has not closely followed the dynamics of the crypto market recently, ETH will fall back to the range of 1000-1500 dollars this year. Andrew Kang pointed out that it is unreasonable to value an asset with a market capitalization of $215 billion that is either experiencing negative growth or is unprofitable in the current context of the speculation frenzy subsiding. He continues to maintain a bearish stance on ETH.
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ETH-3.11%
BOT-10.28%
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10:56

Andrew Kang: ETH may return to the range of $1000 to $1500 this year.

Mechanism Capital partners stated that Ethereum is expected to return to the range of 1000 to 1500 USD this year, believing that a market capitalization of 215 billion USD is unreasonable for assets with negative growth and profitability, and that the bearish logic still holds in the context of reduced speculation.
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ETH-3.11%
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10:46

Mechanism Capital Partner: The possibility of ETH returning to $1000-1500 this year seems quite high.

PANews April 6 news, Mechanism Capital partner Andrew Kang posted on the X platform that he hasn't closely followed Crypto Assets in the past few months, but the possibility of ETH returning to the range of 1000-1500 USD this year seems very high. In the context of the speculative frenzy clearly having passed, it is absurd for an asset with negative growth/profitability to have a market capitalization of 215 billion USD; the Bear Market argument holds.
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ETH-3.11%
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02:24

Economists: Japan's core inflation supports the Bank of Japan's rate hike in May.

Japan's core inflation data supports the Central Bank's interest rate hike. South Korean and Japanese economist Min Joo Kang pointed out that the core inflation rate rose to 2.6% in February, marking the fifth consecutive month of rise. The month-on-month increase in service prices may also support the Central Bank's rate hike at the meeting on May 1.
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01:44
According to coin界网, on January 28th, Andrew Kang, a partner at Mechanism Capital, stated on social media that the TRUMP Token has bottomed out at $25, considering a 68% retracement from the high, an 8-day downward trend, the formation of a bottom structure on the chart, and a momentum reversal. He still believes that TRUMP will enter the top ten in Market Cap among Cryptocurrencies. BlockBeats Note: The above analysis represents only the analyst's point of view. Meme coins often have no actual use case, and the price fluctuates greatly, so investment needs to be cautious.
TRUMP6.72%
MEME-1.31%
14:34
Mechanism Capital partner Andrew Kang said in a post on X: "TRUMP's theory is simple: Meme coin trading based on attention. Trump is the biggest monopolist of attention in history. This situation will not change after the inauguration."
X-0.77%
TRUMP6.72%
MEME-1.31%
14:29
On January 27, Andrew Kang, co-founder of Mechanism Capital, stated in a post on x that the investment logic of $TRUMP Token is very simple. Memecoins mainly rely on attention, and Trump is the world's biggest attention monopolist, a situation that won't change even after the inauguration. Previously, Andrew Kang wrote that he believes the $TRUMP Token market value is expected to reach a circulating market value of $100 billion/ fully diluted valuation of $5 billion, surpassing Doge, because investing in the Trump brand is more likely to be accepted than investing in random dog coins.
X-0.77%
TRUMP6.72%
DOGE-1.7%
00:38

Mechanism Capital Alliance: TRUMP's trading mainly depends on attention, and Trump, the world's largest attention monopolist, will not change

Mechanism Capital co-founder Andrew Kang stated in a post that the investment logic of $TRUMP token is simple, because Trump is the world's largest attention monopolist, and the trading of $TRUMP token mainly relies on attention, which will not drop after the inauguration ceremony. Earlier, he also stated that the market capitalization of $TRUMP token is expected to reach 100 billion US dollars, because investing in the Trump brand is easier to be accepted than investing in random dog coins.
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TRUMP6.72%
X-0.77%
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10:59

Andrew Kang: SOL expected to reach $500 within the year

BlockBeats news, on January 18th, Andrew Kang, a partner at Mechanism Capital, stated on social media that "Trump is implementing 0% capital gains tax on projects established in the United States, such as Solana, and may also introduce strategic reserves including SOL this year 500
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SOL-0.57%
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01:20

One of the reasons why AIXBT can maintain its dominant position is that it has established an attention flywheel.

BlockBeats news, on January 17th, Andrew Kang, a partner at Mechanism Capital, wrote on social media, "One of the reasons AIXBT can maintain its dominant position is that it has built a flywheel of attention. People see AIXBT creating follow for projects, driving projects/investors to interact with AIXBT, to encourage them to discuss their projects, and to promote the Algorithm of the X platform due to interaction, thus increasing the weight of AIXBT's posts in an infinite loop. AIXBT may receive incorrect data, but this issue is addressed through the implementation of a quality control system. Once the human, AIXBT, and agent feedback system is established, the terminal output can quickly be as good as the results of top human research analysts. This role is typically what funds/investors are willing to pay 100,000-500,000 for each year.
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AIXBT-6.04%
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06:59

The CEO of the South Korean entertainment company Cube has been accused of participating in encryption investment eyewash.

Kang Seung-kon, CEO of a South Korean entertainment company, has been accused of being involved in an eyewash investment in encryption, encouraging acquaintances and colleagues to invest in Nestree, a South Korean blockchain company's cryptocurrency. The price of Nestree fell by 34% in one month and fell to single digits by the end of the year. Cube has previously established a joint venture focused on Non-fungible Tokens.
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01:07

Andrew Kang: ARB has experienced a huge Rebound, but is still undervalued

According to BlockBeats, Andrew Kang, a partner at Mechanism Capital, pointed out that although ARB has experienced a significant rebound, it is still fundamentally undervalued, with trading prices only a fraction of Sui, Avax, Tron, etc. However, its volume and TVL are several times higher. Stylus provides a developer-friendly environment for Rust/C++ development, game deployment/Animechain, and ongoing interoperability research, which are the biggest driving forces for ARB's future rise.
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ARB-1.44%
X-0.77%
SUI-0.76%
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01:41

Jin Shi data sorting: After the martial law, Yin Xiyue faces the crisis of quitting the party, resigning, and impeachment.

South Korea's political turmoil continues, with the ruling party calling for the resignation of Yoon Seok-yol from the party, and the Chief of the Presidential Office and the Chief Secretary resigning collectively. Traders suspect that the South Korean authorities are dumping the US dollar to limit the depreciation of the Korean won. The KOSPI index opened nearly 2% lower, and the stabilization fund will be injected into operation at any time. Multiple civic groups are calling for the impeachment and removal of the president. Prediction market platform PolyMarket traders predict that the likelihood of the South Korean government being overthrown by 2025 is 72%. Min Joo Kang, Senior Economist at ING, believes that the martial law incident in South Korea may affect its sovereign credit rating.
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11:45

Andrew Kang: Grass is one of the top projects in this cycle

Grass has created a data pipeline through the encryption incentive mechanism that most AI companies cannot touch, and is expected to achieve a high-level income in the nine digits next year, and even exceed billions of dollars. This is one of the top projects worth investing in the current fields of artificial intelligence and Crypto Assets.
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GRASS-3.51%
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