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Vietnamese police reported on the ONUS cryptocurrency case, seizing over 350 kilograms of gold and silver and freezing eight real estate transactions.
Foresight News , citing Vietnam's Tuoi Tre newspaper, the Vietnamese Ministry of Public Security recently held a press conference to report on the investigation into the ONUS cryptocurrency case. A representative from the Investigation and Security Department (A09) of the Ministry of Public Security stated that in the investigation of the ONUS cryptocurrency exchange's alleged embezzlement, police have seized over 350 kilograms of gold and silver, frozen transactions involving eight properties worth 200 billion Vietnamese dong, and suspended over 300 bank accounts used by the defendants to trade with investors. On March 23rd of this year, police filed criminal charges against eight defendants, accusing them of using computer and telecommunications networks to commit embezzlement and money laundering. Since 2018, the perpetrators have exploited the public's lack of understanding of cryptocurrencies, creating digital accounts through applications and packaging them as virtual currencies. They built trust and attracted investment through cyclical buying and selling between affiliated companies, ultimately embezzling funds. Between 2018 and 2021, they sold over 7 trillion Vietnamese dong worth of cryptocurrency. A representative from A09 stated that the case involves numerous individuals and users, with approximately 5 million user accounts currently in operation. Police have received over 2,000 reports from citizens, and the recovery of assets is ongoing. They are also investigating whether social media influencers colluded with the defendants in promoting the cryptocurrency.
The first neurodynamic chip has been developed, which will help the development of technologies such as brain-computer interfaces.
According to Mars Finance, a team led by Professor Yang Yuchao of the School of Integrated Circuits at Peking University, in collaboration with a team led by Researcher Song Zhitang of the Shanghai Institute of Microsystem and Information Technology, Chinese Academy of Sciences, has successfully developed the world's first neurodynamics system-on-a-chip based on phase-change memristors. This breakthrough reduces the single-step latency of such complex calculations to 2.12 milliseconds, achieving speedups of 50 to 478 times compared to current advanced graphics processing units (GPUs) in tasks such as cortical reconstruction. This represents a significant breakthrough in real-time computing, a bottleneck that has constrained neurodynamics for half a century. The relevant findings were published in *Science* on the morning of the 3rd. (Cailian Press)
Shengshi Technology: Net profit is expected to increase by 336%-461% year-on-year in the first half of the year, with computing power-related businesses contributing significantly to the performance growth.
Mars Finance reported on July 8th that Shengshi Technology announced it expects its net profit attributable to shareholders of the listed company for the first half of 2026 to be between RMB 105 million and RMB 135 million, representing a year-on-year increase of 336.02% to 460.59%. During the reporting period, based on the development prospects of the computing power infrastructure industry and its own advantages, the company vigorously promoted the development of computing power-related businesses, achieving initial results and beginning to recognize revenue. These computing power-related businesses made a significant contribution to the company's performance growth during the reporting period and are becoming a new driving force for the company's performance growth. (Company Announcement)
Meta is testing a super-sensing AI glasses, raising privacy concerns.
According to Mars Finance, Meta is reportedly testing a prototype of an artificial intelligence (AI) glasses device with "super-sensory" capabilities, aiming to enter the market for omniscient and omni-sounding devices. However, this technology has also sparked controversy regarding privacy protection, and Meta is likely to face new legal and regulatory challenges. (Cailian Press)
Rilian Technology: The subscription of newly issued shares of QES Group Berhad by its wholly-owned subsidiary will not result in control of the company, and will not have a significant impact on the company's operating performance.
Mars Finance reported on July 5th that Rilian Technology issued a statement and risk warning regarding media reports. On July 5th, 2026, media outlets reported that a wholly-owned subsidiary of the company planned to use its own funds of RMB 73.2885 million to subscribe for 10% of the shares in a private placement of QES Group Berhad. This transaction involves the acquisition of a minority stake in the target company. After the transaction, the company will hold 9.1% of the target company's shares, which will not constitute control over the target company and will not have a significant impact on the company's operating performance. According to the Securities Times, QES Group is a main board listed company on the Malaysian Stock Exchange, primarily engaged in the manufacturing, sales, and related overall solution services of semiconductor and wafer inspection, testing, measurement, analysis, and automation equipment. Its main products include optical inspection systems (OIS), automated processing systems (AHS), and advanced metrology systems (AMS), with applications including wafer and device inspection, 2D and 3D vision inspection, and wafer surface and thickness measurement. Currently, QES Group's business network covers Southeast Asian countries, as well as China and the United States, and it has established a relatively stable customer base in the semiconductor, wafer, electronics, automotive, metal, scientific research, and other industrial inspection fields. (Wide-angle observation)
China Merchants Securities: Focus on the dual themes of technology recovery and interim results after short-term shocks.
Mars Finance reports that China Merchants Securities released a research report stating that after the short-term shock, attention should be paid to both technology recovery and interim results. The market correction caused by Meta's sale of computing power is not a signal of computing power oversupply, but rather a necessary choice to improve asset returns during a period of high capital expenditure. The industry is currently moving from simple Capex expansion to ROIC verification, rather than entering a stage of computing power oversupply. The current market correction is mainly due to the significant short-term gains in the general computing power sector, coupled with leveraged funds amplifying volatility. Pessimistic narratives easily trigger short-term negative feedback from market funds, similar to the previous AI bubble theory and Apple's price increase. However, after the liquidity shock, the bank believes that the AI industry trend has not been disproven, the supply and demand gap for memory chips remains unchanged, the price increase of MLCCs remains unchanged, and the indium phosphide shortage remains unchanged, suggesting a potential recovery in the technology sector. Besides the technology sector, attention should also be paid to sectors where interim results are misaligned with stock prices. (Cailian Press)