According to Odaily Planet Daily on July 9th, the Hong Kong stock market experienced a general correction, with small-cap and mid-cap stocks and those in various sub-sectors bucking the trend and breaking out. The top three gainers on the Gate platform's Hong Kong stock rankings were: Chi Fung Industrial Electronics (01710), surging 49.18% to HK$0.455; China Frontier Technology Group (01661), rising 36.05% to HK$2.00; and Tianrui Automotive Interiors (06162), climbing 30.18% to HK$0.345. Gate Stocks has established a 24/7 trading service system covering the three core markets of US, Hong Kong, and South Korea, supporting over 10,000 US stocks and ETFs, over 1,500 Hong Kong stocks, and over 1,000 South Korean stocks, totaling over 12,500 stock and ETF assets globally. Users can participate in global stock investment through their Gate unified account using USDT in a one-stop manner, supporting fractional share transactions with a minimum investment of 0.01 shares and enjoying stock dividend rights. The platform also supports cross-brokerage transfers for US and Hong Kong stocks, as well as corporate actions such as stock splits and consolidations, further optimizing the stock investment service experience.

According to a post on the X platform by Citrini analyst Jukan, some readers have inquired about his views on Evercore's channel survey. Evercore stated that several OEMs admitted to placing component orders with both distributors and brokers for the same project simultaneously due to extended lead times. Even with the three major DRAM manufacturers' efforts to eliminate over-ordering and duplicate orders, it's impossible to completely eliminate them. He believes it's highly irrational to generalize what's happening in a few isolated channels to the entire market. He also shared Lynx's comments from the same day regarding Meta's storage procurement: According to Lynx's survey, Meta is willing to purchase memory and flash memory from major suppliers at spot prices; unlike Apple, Lynx expects Meta not to complain about high prices and anticipates that Meta has already considered price increases in its capital expenditure plans.

Pump.fun is hiring a New York General Counsel with an annual salary of $1 million to $5 million, according to Odaily Planet Daily. The platform, launched on the Solana blockchain in 2024, claims daily transaction volume exceeding $300 million and reports $500 million in profits and approximately 100 employees in 2025. Pump.fun faces a New York class-action lawsuit starting in 2025, with investors accusing it of operating under a Ponzi scheme-like model. The job posting, published by Pump.fun founder Alon on X, has garnered over 1 million views. Bitcoin has fallen approximately 50% since October. Pump.fun previously suspended live streams due to users promoting tokens in a disturbing manner within its live streaming feature, but later reinstated them with stricter moderation rules. (Bitcoin.com News)