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However, analysts at the same time lowered the company's target share price by $3, setting the new adjusted target price at $8 per share. This adjustment reflects a reassessment of the company's outlook by research institutions. Although the rating is more positive, expectations for the short-term valuation have been revised.

Glonghui, July 6th | According to a statement, Standard Chartered Bank has launched its latest sub-fund under its Variable Capital Company (VCC) platform, with BlackRock serving as deputy manager. The fund is called “Signature Select APAC Allocation Plus” and is a multi-asset strategy product focused on Asia, designed to provide investors seeking broad exposure to Asia-Pacific markets with a one-stop solution. The fund invests in equities, fixed income, and liquid alternative investments, aiming to achieve long-term capital appreciation while generating income.

7:00 (UTC+8) - 12:00 (UTC+8) Keywords: Lighter, EthLabs, Bitplanet, Busan Bank1. Spot gold rises above $4,200;2. The founder of Lighter has joined the CFTC Innovation Advisory Committee;3. South Korea's Busan Bank has completed a Korean won stablecoin pilot on the Kaia Chain;4. The Hong Kong Securities and Futures Commission is discussing removing the 10% minimum exemption for virtual asset management;5. EthLabs: Advancing an asynchronous interoperability solution based on zk technology, fundraising is nearly complete;6. The "CLARITY Act" bill faces obstacles: The July 4 signing target has failed, and the legislative window is rapidly narrowing;7. South Korean Bitcoin treasury company Bitplanet has partnered with Antalpha and plans to introduce mining equipment worth 15 billion won.