Good morning, wake up, let’s take a look at what news happened in the world last night.
As the world’s largest digital currency exchange plans to go public, the price of Bitcoin broke through $63,000:
Coinbase intends to go public
@FIGURE.com [Bitcoin price hits a new high, breaking through US$63,000] The price of bitcoin has reached a new high, exceeding US$63,000. The reason for the big increase is mainly because the cryptocurrency exchange Coinbase is about to go public, and investors are full of expectations. On Tuesday, US time, the price of Bitcoin once rose to $6,3729.5, and the price of Ether also broke a record, rushing to $2,317. Coinbase will be listed on Wednesday, and the company’s valuation may reach 100 billion US dollars, which is higher than the New York Stock Exchange parent company Intercontinental Exchange. Over the years, Wall Street and regulators have been skeptical of cryptocurrencies, and investors believe that the successful listing of Coinbase is a milestone.
@forming technology [Nasdaq announces Coinbase reference price, valued at US$65.3 billion] Nasdaq said on Tuesday that the reference price of cryptocurrency trading platform Coinbase is US$250 per share. On a fully diluted basis, according to this calculation, Coinbase is valued at approximately $65.3 billion. Coinbase is the first large-scale cryptocurrency company to be listed in the United States. If its market value reaches 100 billion U.S. dollars, it will become one of the 85 most valuable companies in the United States. For the entire year of 2020, Coinbase’s revenue more than doubled to 1.28 billion U.S. dollars. In 2019, Coinbase is still losing money, but in 2020 it will make a profit of 322.3 million U.S. dollars.
New progress of Meng Wanzhou case
@环球时报【Huawei and HSBC’s document disclosure on Meng Wanzhou caseReached Agreement] According to British Reuters, China’s Huawei and HSBC have reached an agreement in a Hong Kong court on the disclosure of documents involving Huawei’s Meng Wanzhou’s alleged “fraud” by the US government. In February of this year, a British judge prevented HSBC from disclosing to Huawei internal HSBC documents related to Meng Wanzhou’s case, so Huawei chose to continue to file a lawsuit in a Hong Kong court. Huawei has always believed that Meng Wanzhou was innocent and was falsely accused by the US government and HSBC. Therefore, it has been working hard to make HSBC disclose relevant information. Today, Huawei and HSBC have reached an agreement on the disclosure of these documents in a Hong Kong court, and the court has approved it. According to the Global Times, both Huawei and HSBC have confirmed the matter, but neither party has revealed what information HSBC will disclose.
Next, news from domestic Internet companies:
Secondary listing of Ctrip
@TechWeb [Ctrip: The final issue price of the international and Hong Kong public offerings are both HK$268.00 per share] Ctrip announced that the final issue price of the international and Hong Kong public offerings is both HK$268.00 per share, and a total of 31,635,600 ordinary shares will be issued. share. Excluding other factors, the net amount of Ctrip’s return to Hong Kong’s secondary listing is at least HK$8.3 billion. It is reported that Ctrip is expected to be officially listed and traded on the Hong Kong stock market on April 19. According to the IPO documents previously disclosed by the Hong Kong Stock Exchange, the funds raised by Ctrip’s return to Hong Kong for the second listing will be mainly used for three purposes, namely: to provide funds for expanding Ctrip’s one-stop travel services and improving user experience; To invest in technology to consolidate Ctrip’s leading market position in products and services and improve operating efficiency; for general corporate purposes.
Byte beating accelerates IPO?
@TechWeb [The news said ByteDance will open employee option exchange at a price of US$126 per share] According to Zhejiang News, ByteDance is about to start the 2020 employee option exchange plan, and employees in major positions can choose to redeem their year-end bonuses. As an option, the price is US$126/share, and the current external market price is US$180/share, which is equivalent to a 70% discount. In this regard, the byte beating has not yet responded. Earlier, Bytedance announced the hiring of former Xiaomi executive Zhou Shouzi as the newly created chief financial officer (CFO). This move is considered to be that Bytedance is preparing for an accelerated IPO. According to market news, Bytedance is discussing the possibility of Douyin listing in New York or Hong Kong. In addition, Bytedance is also considering listing Chinese businesses such as Toutiao on the Hong Kong Stock Exchange or Science and Technology Innovation Board.
Jia Yueting’s sense of existence
@TechWeb [Securities Regulatory Commission: Adopting Lifetime Security Market Access Measures Against Jia Yueting and Yang Lijie] The China Securities Regulatory Commission issued a market ban decision letter and decided to adopt lifelong security market ban measures against Jia Yueting and Yang Lijie, and against Liu Hong and Wu Meng A 10-year ban on entering the securities market was adopted, and an 8-year ban on entering the securities market was adopted against Jia Yuemin. According to the decision, Jia Yueting was the chairman of LeTV and the actual controller of LeTV; Yang Lijie was the financial director of LeTV; Liu Hong was the vice chairman and deputy general manager of LeTV; Wu Meng was the supervisor and chairman of the board of supervisors of LeTV; Jia Yueminshi He is the deputy general manager of LeTV. The decision letter shows that if the parties are not satisfied with this decision, they can apply to the China Securities Regulatory Commission for administrative reconsideration within 60 days from the date of receipt of this decision letter, or they can apply directly to the China Securities Regulatory Commission within 6 months from the date of receipt of the penalty decision. The people’s court with jurisdiction initiates an administrative lawsuit. During the period of reconsideration and litigation, the execution of the above decision shall not be suspended. Previously, the Beijing Securities Regulatory Bureau fined LeTV a total of 240 million yuan and Jia Yueting 241 million yuan due to financial fraud.
In addition, Jia Yueting’s Faraday Future also aimed at the hot SPAC mode:
@Tencent Technology [SPAC has become a life-saving straw for Faraday Future, the company’s CEO said it is “realistic” to sell 2,400 electric vehicles next year] Faraday Future hopes to go public through a special purpose acquisition company (SPAC) in the United States within a few weeks. Plan to raise more than 1 billion U.S. dollars to build electric cars. The company’s CEO is trying to reset investors’ expectations, stating that Faraday, after the merger, will surely sell 2,400 electric vehicles next year. Faraday Future is also one of many electric vehicle start-ups that have gone public through SPAC. These companies successfully raised hundreds of millions of funds based on the concept of future vehicles, but they did not sell a car and did not have a clear profit model.
But SPAC allows these startups to effectively capitalize on the enthusiasm of public market investors and retail investors for electric vehicles.
Next, is the new development of overseas technology companies:
Google founder’s worth
@Tencent Technology [The two founders of Google joined the $100 billion club, with net assets exceeding 100 billion] Thanks to the recent surge in technology stocks, Google co-founders Larry Page and Sergey ·Brin (Sergey Brin) now has a net worth of more than 100 billion U.S. dollars and has officially entered the 100 billion U.S. dollar super-rich club. The Bloomberg Billionaires Index estimates that Page’s net worth is approximately US$103.6 billion and Brin is US$100.2 billion. According to statistics, in the year ending April 2021, Brin’s wealth increased by US$20.4 billion, while Page’s wealth increased by US$21.2 billion. Since the outbreak of the new crown pneumonia epidemic, technology stocks have risen rapidly, and the stock price of Google’s parent company Alphabet has increased by more than 80% in the past year. Page and Brin have a controlling stake in Alphabet and have more than 50% of the total voting rights.
Apple calls for environmental protection
@上海科技 [Apple issued an appeal to the US SEC: Proposal to introduce new regulations requiring companies to disclose emissions information] According to a Twitter message released by Apple’s vice president Lisa Jackson, the company called on US securities trading on Tuesday The Commission (SEC) issued new regulations requiring companies to disclose information about emissions, including information from the “value chain.” The term “value chain” seems to refer to the so-called “Scope 3” emissions, that is, emissions from the use of a company’s products by other parties, and calls for the release of these data may be controversial. The U.S. Securities and Exchange Commission said last month that it will seek opinions on how companies should report greenhouse gas emissions and other climate factors.
SpaceX saves money
@Tencent Technology [Musk: SpaceX Starlink Antenna Costs Are Declining Fast] US space exploration technology company SpaceX CEO Elon Musk said that the cost of Starlink Internet satellite antennas is “rapidly dropping.” Musk’s comment was a response to a tweet. The tweet stated that SpaceX is “selling Starlink satellite antennas at a price much lower than manufacturing costs.” Musk responded: “For now, costs are falling rapidly.”
SpaceXPresident Gwynne Shotwell (Gwynne Shotwell) once stated that the company first needs to pay $3,000 per antenna before it can lower the price to $1,500. Shortwell confirmed not long ago that the cost of each antenna has been reduced from $3,000 to $1,500. She added: “We will not charge customers for the construction of these antennas. SpaceX has made great progress in reducing the cost of antennas, and the cost is now half of the original.” She also predicts that the price of these antennas will be in the future. It fell to “a few hundred dollars” within two years.
Intel saves the car market
@Tencent Technology [Intel CEO promises to enter the automotive chip market and launch chips within half a year] Intel CEO Pat Gelsinger said on Monday that the company is negotiating to start production for automakers Chips to alleviate the plight of idle automakers. Kissinger said that the company is discussing the issue of manufacturing automotive chips at Intel’s factories with companies that design chips for automakers. The goal is to produce automotive chips within 6 to 9 months. US President Biden met with executives of major companies on Monday to discuss the chip shortage that has affected the global automotive industry, which prompted Intel to announce plans to manufacture automotive chips in its factories in the next six to nine months.
New Crown “Green Certificate”
@央视网[EU officials: the new crown “digital green certificate” is expected to be put into use at the end of June this year] European Commission Commissioner for Judicial Affairs Riddles said that the new crown “digital green certificate” should be put into use at the end of June this year Use, the EU hopes that the certificate holder will receive the same treatment when traveling within the EU. In March this year, the European Commission decided to launch the new crown “digital green certificate” in the EU to gradually lift the epidemic prevention and control and restore the free movement of people in EU countries. The “digital green certificate” will prove that the holder has completed the new crown vaccination, the new crown virus test result is negative or has been infected with the new crown virus and has recovered. Riddles also said on the same day that the EU will test the use of the certificate in early June this year. The certificate will fully respect privacy and only present the most basic data information.
First flight to Mars postponed
@Tencent Technology [The U.S. Mars helicopter needs to reinstall the flight software, and the first flight to Mars is postponed again] NASA announced that the Mars helicopter needs to reinstall the flight software because of the “Gizwit” Mars helicopter, In order to solve the computer failure that appeared in the rotor test last week, for this reason, its first flight in the Martian atmosphere was postponed to late April. In the latest news released by NASA’s Jet Propulsion Laboratory, mission managers said that engineers have confirmed a piece of software that can help solve problems in high-speed rotation tests. NASA officials have not announced a new date for the first test flight of the WIT, and the mission control team hopes to confirm it next week.
Chinese women’s football advances
@Peng-Ping【Wang Shuang’s plum blossoms for twice! The Chinese women’s football team reversed South Korea 4-3 overtime and advanced to the Tokyo Olympics] On the evening of April 13th, at the Suzhou Olympic Sports Center, amid the cheering of 10,000 live fans, the Chinese women’s football team found themselves after being lost at halftime and relied on Wang. Frost scored twice, drew 2-2 with South Korea in overtime, eliminated South Korea with a total score of 4-3, and won the Tokyo Olympics tickets. For these two play-offs, which have been postponed many times, the Chinese women’s football team has been preparing for more than a year before and after. Although the process made fans sweat, it still achieved the set goals. According to live statistics, a total of 13,533 fans came to the scene on the day of the game. They cheered and sang the national anthem in the stands and became the most solid backing of the Chinese women’s football team.