News

ChainCatcher reported that KobeissiLetter released a market analysis indicating that global ETF issuance is experiencing explosive growth. In October, the number of global ETF issuances increased by 19% year-on-year, reaching a record high of 137. This brings the total number of ETF issuances so far this year to 918, which is 25% higher than the full-year record of 736 in 2024. In October, 95 new equity ETFs were listed, accounting for 69% of the total; 15 new cryptocurrency ETFs were listed, more than double the number in September. Leveraged equity and structured product ETFs accounted for nearly half of all new funds, totaling 67. At the current pace, the total number of ETF issuances for the entire year of 2025 will exceed 1,100, ushering in a new historical issuance boom.

Jinse Finance reported that Huawei will release a breakthrough technology in the AI field on November 21, which is expected to solve the problem of computing power resource utilization efficiency. Specifically, Huawei is about to launch a groundbreaking technology in the AI field that can increase the utilization rate of computing resources such as GPU (Graphics Processing Unit) and NPU (Neural Network Processor) from the industry average of 30%-40% to 70%, significantly unleashing the potential of computing hardware. According to reports, Huawei's upcoming breakthrough technology in the AI field achieves unified resource management and utilization of computing power from Nvidia, Ascend, and other third-party sources through software innovation, masking hardware differences and providing more efficient resource support for AI training and inference. (China Fund News)