🔥【July 16th】A Summary of Important Overnight Developments

#BiyaPay #US Stocks #Hong Kong Stocks #Cryptocurrency

1️⃣ US stocks closed with mixed performance among the three major indexes, with the Nasdaq continuing to hit new historical highs! Nvidia rose more than 4% to a new high, and the Chinese stock index rose sharply by 2.76%.

2️⃣ "Crypto Week" met with a cold reception! Several cryptocurrency bills were rejected by the House of Representatives, and cryptocurrency concept stocks fell in response. Circle once fell by more than 7%.

3️⃣ AMD closed up more than 6%! The US government's attitude has changed, and the company will resume sales of MI308 chips to the Chinese market.

4️⃣ Hong Kong stocks opened, with the Hang Seng Index opening 0.46% higher. Baidu Group rose more than 4%.

5️⃣ White House Cryptocurrency Director: The Trump administration plans to ban the issuance of central bank digital currencies.