Xizhi Technology plans to offer 13,795,215 H shares globally, with pricing set at HK$183.20 per share. Trading on the Hong Kong Stock Exchange is expected to start on April 28, 2026.

MicroStrategy plans to switch its preferred stock dividend payouts from monthly to semi-monthly, aiming to enhance investor gains and stabilize stock prices. Shareholders will vote on this by June 8. The stock has seen a trading surge and significant price fluctuations recently, influenced by Bitcoin trends and external geopolitical factors.

MicroStrategy has proposed changing its STRC preferred stock dividends from monthly to semi-monthly to enhance liquidity and stabilize stock prices, maintaining an 11.5% annual yield. Concerns about this structure have been raised by Bitcoin critic Peter Schiff.

MicroStrategy's stock surged 13.83% as Bitcoin reclaimed $78,000, returning the company to an unrealized profit of $1.37 billion. The rise follows easing tensions in the Middle East and a broader rally in risk assets, despite criticism of its preferred stock.

Yuanjie, a Chinese laser chip company, surged 9.6% to top China's stock market, surpassing Kweichow Moutai, which faced its first sales decline in 20 years. Global chipmakers like TSMC posted strong earnings driven by AI demand, while European startups pursue Nvidia alternatives amid new U.S. tech restrictions on China.

Figure Technology Solutions faced allegations from Morpheus Research of overstating its blockchain technology use, resulting in a significant drop in share prices. Figure defended its operations, highlighting its digital asset features and strong performance metrics.

Circle Internet Group's stock fell 1% after a class action lawsuit alleged it failed to prevent $230 million in stolen USDC during the Drift Protocol exploit. The lawsuit questions Circle's ability to halt the attackers' transactions, raising issues of responsibility for stablecoin issuers in breach scenarios.

Hong Kong stocks closed lower on April 17, with the Hang Seng Index dropping 0.89%. Blue-chip stocks varied, as Alibaba gained amid AI advancements. Newly listed stocks surged, showcasing strong investor interest, while gold stocks fell due to geopolitical tensions.

Gate News message, April 17 — Southbound funds (Hong Kong Stock Connect inflows from mainland China) recorded net inflows exceeding HKD 15 billion as of now (April 17).

Gate News message, April 17 — Southbound funds through Hong Kong Stock Connect recorded net inflows exceeding HKD 10 billion as of today.