On July 17, WTI crude oil surpassed $80 per barrel, increasing by 2.24% on the day. Brent crude oil futures also saw an expanded gain of 2%, reaching $85.942 per barrel.
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WTI Crude Oil Surpasses $80 per Barrel, Up 2.24% on the Day
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Guokewai Plans to Raise No More Than 5.061 Billion Yuan for Next-Gen AI Vision Chips and Solutions
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No Large-Scale Liquidation in Margin Trading, Brokers Respond
This afternoon, rumors circulated on social media about concentrated liquidations in margin trading accounts and mass forced liquidations by brokers, raising concerns among investors. Interviews revealed a significant discrepancy between the actual market situation and the panic rumors online. Brokers interviewed clearly stated that the overall risk of margin trading is currently manageable, and there is no large-scale forced liquidation occurring. While some accounts have indeed reached warning and margin call levels, forced liquidations are only isolated cases. Brokers also reminded investors that margin trading is a leveraged trading tool, which inherently carries the risk of amplifying price fluctuations. During market adjustment phases, high-leverage accounts can experience significant volatility. Investors should rationally assess fragmented online narratives and pay attention to maintaining the collateral ratio of their credit accounts, leaving a safety margin. -
Burnham Elected Leader of the UK Labour Party, Set to Become Prime Minister
On July 17, local time, the UK ruling party, the Labour Party, announced at a special conference that Andy Burnham has been elected as the leader of the Labour Party. Following an appointment by King Charles III, he will succeed Keir Starmer as Prime Minister of the UK. According to the procedure, Starmer will submit his resignation to King Charles III on the 20th. Subsequently, Burnham will receive the King's appointment and officially assume the role of Prime Minister. The 56-year-old Burnham previously served as the Mayor of Greater Manchester. In the Labour Party leadership election, Burnham received the support of a majority of Labour MPs, making him the only official candidate. (CCTV) -
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Bitcoin Japan Raises $60 Million Through Convertible Bonds, Purchases $4.08 Million in Bitcoin
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Xiaomi Repurchases 3.8 Million Class B Shares for HKD 102 Million
On July 17, Xiaomi repurchased 3.8 million Class B shares for HKD 102 million. -
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