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WeChat: The Moments feature will not support post-editing functionality in the present, past, or future.
Today, the official WeChat account "WeChat Pai" published an article titled "Why Is There No Edit Function for Moments?" The article explicitly stated: "Moments will not have a secondary editing feature now, in the past, or in the future."
IMF Deputy Managing Director: What Stablecoins Mean for Emerging Markets
Author: Dan Katz, First Deputy Managing Director of the International Monetary Fund (IMF); Compiled by: Qin Jin The following is the full text of the speech delivered by Dan Katz, First Deputy Managing Director of the International Monetary Fund (IMF), at the University of Cape Town in South Africa on August 7. Good morning. Thank you, Vice-Chancellor, for your kind introduction. I am delighted to be here at the University of Cape Town. While this may be the oldest institution of higher learning in the region, it is also one of the most forward-looking and future-oriented universities, thanks to your Financial Innovation Hub. As new technologies reshape
Jinshi Data Global Financial Breakfast | August 14, 2026
Federal Reserve officials have signaled a hawkish stance; the United States will impose tariffs on imported drones and components; the USS George Washington heads to the Middle East for a rotation of forces; Ukraine proposes a ceasefire for civilian targets in the Black Sea to Russia... What major global events occurred overnight and early this morning?
SK Group's Chairman Isn't Worried About Nvidia Dependence: Is That Why SKHY Is Up 8%?
SK Group Chairman Chey Tae-won, whose conglomerate controls SK Hynix (NASDAQ:SKHY), dismissed concerns Thursday about the memory giant's exposure to Nvidia Corp. (NASDAQ:NVDA).He argued the chip
What will happen to Hong Kong's Web3 ecosystem following the launch of its first compliant HKD stablecoin?
The Hong Kong stablecoin market has reached a significant milestone. On August 12, Anchorpoint Financial launched the first phase of its Hong Kong dollar stablecoin, HKD At Par (hereinafter referred to as "HKDAP"), initially making it available to institutional distributors and professional investors. This is neither a retail-oriented "mass-market stablecoin" nor another crypto-asset project reliant on liquidity and exchange trading volumes for growth. Rather, it is the first compliant Hong Kong dollar stablecoin product to enter operational status following the implementation of Hong Kong's Stablecoin Ordinance. For Hong Kong, the significance of HKDAP lies in its attempt to bridge the digital gap.
Major Banks Bolster Capital While Small and Medium-Sized Banks Sit Out: Issuance of Tier 2 Capital and Perpetual Bonds Surpasses RMB 1.3 Trillion Year-to-Date
As of August 11, commercial banks had issued over RMB 1.3 trillion in tier-2 capital bonds and perpetual bonds (hereinafter referred to as "tier-2 and perpetual bonds") this year. Of this amount, issuance of tier-2 capital bonds exceeded RMB 730 billion, while perpetual bond issuance surpassed RMB 580 billion. The six major state-owned banks collectively issued RMB 825 billion, accounting for more than 60% of the total market issuance. This surge is not merely a result of proactive financing in a low-interest-rate environment; rather, it is driven by several concurrent forces: narrowing net interest margins are eroding retained earnings, maturing debt is creating refinancing pressure, and Global Systemically Important Banks (G-SIBs) are facing deadlines to meet Total Loss-Absorbing Capacity (TLAC) requirements, all prompting banks to urgently replenish capital.