News

Foresight News reported that Paul Chan, the Financial Secretary of the Hong Kong SAR Government, published a blog post titled "Looking Up to a New Year." He mentioned that in terms of the asset market, Hong Kong stocks have risen for the second consecutive year in 2025. As of last week, the Hang Seng Index closed at 25,818 points, up about 29% from the end of last year, making it the best performing year since 2017 in terms of growth. Regarding asset and wealth management business, in the first nine months of this year, the net capital inflow of SFC-authorized funds registered in Hong Kong exceeded 41 billion US dollars, which is more than 1.5 times the total amount for the whole of last year. 2026 marks the start of the country's "15th Five-Year Plan." Hong Kong will proactively align itself with the national development strategy, with finance, innovation and technology, and trade being the three important development engines for Hong Kong. The city will comprehensively enhance the functions and substance of its international financial center; accelerate the construction and expansion of a world-class innovation and technology hub; and strengthen the functions of its international trade center.

BlockBeats News, December 28th, as the prices of silver and other precious metals continued to soar, some analysts warned that the prices of precious metals are now standing on a "cliff edge" and the risk of a pullback is accumulating. Analysts at Capital Economics wrote in a report: "The prices of precious metals have risen to a level that we believe is difficult to explain with fundamentals." They expect that as the frenzy for gold subsides, the price of silver could fall to around $42 by the end of next year. UBS warned that the rapid rise in current precious metal prices is largely due to market illiquidity — meaning a quick reversal is very likely. UBS emphasized that the short-term risks of precious metal trading have significantly increased, given that the price of gold has risen to new highs, there is also a high risk that short-term investors may take profits. The thin liquidity at the end of the year "may exacerbate price fluctuations," making short-term trends more difficult to interpret. Wang Yanqing, Chief Analyst of Precious Metals at CITIC Futures, stated that from a fundamental perspective, the short-term impact factors of precious metals and non-ferrous metals have not changed significantly. Although there are long-term bullish factors such as "de-dollarization" in the market, the short-term and rapid rise has clearly overtraded the long-term bullish factors, with speculative sentiment running high, posing potential risks to the market's stable operation. (FX678)

BlockBeats News, December 28, Multicoin co-founder and Forward Industries (FORD) Chairman of the Board Kyle Samani stated, "One major prediction I have for the end of 2026 is: Solana mainnet will rival, and may even surpass, all major centralized exchange (CEX) platforms in terms of spot and perpetual contract trading volume for mainstream coins."