Moonshot AI’s Kimi recently closed its prior $20bn valuation round and has opened a new financing round with a $31.5bn pre-money valuation. In fundraising materials Kimi said mid‑June ARR exceeded $300m. Growth is driven by model iterations lifting developer usage and API sales; API revenue now exceeds 70% of total and is rising. Kimi’s revenue pattern shows early ANTHROPIC-style commercialization: ramping developer calls, higher API share, growth in overseas paying users, and upward pressure on

A-shares opened mixed; by midday the ChiNext Index rose 3.06%, the Shenzhen Component gained 2.47% and the Shanghai Composite was up 0.20%. Turnover across Shanghai and Shenzhen exceeded 2.1 trillion yuan; more than 2,500 stocks advanced. Glass-substrate names led gains, with panel maker BOE A briefly hitting the daily limit and reaching its highest level since Feb 2008. Semiconductors outperformed: Cambricon hit a record high and surpassed a 1 trillion yuan market cap, becoming the first STAR Market stock to do so and is up over 75% YTD. Crude palm oil and lab-grown diamond stocks rallied; innovative drug names retraced after yesterday’s strength, while baijiu and livestock sectors underperformed.

【期貨熱點追蹤】碳酸鋰期價快速拉昇，主力合約現漲超4%，機構分析指出，隨着安全生產許可證的取得，市場最大變數落地，後續博弈轉向復產體量。