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The market value of Solana ecosystem meme coin RICH surpasses 8 million dollars, with a 24-hour increase of over 500%.According to Odaily, citing GMGN data, the market capitalization of the Solana ecosystem Meme coin RICH once surpassed 8 million US dollars and has now fallen to around 7.6 million US dollars, with a 24-hour increase of over 500%. Odaily reminds users that Meme coin prices fluctuate dramatically, and investors should be aware of the risks.
00:06
China’s fertilizer supply is generally guaranteed during the summer harvest seasonCurrently, during the "Three Summers" season, how is the fertilizer supply in China? Sulfur is a key raw material for producing phosphate fertilizer. Over half of China's sulfur consumption relies on imports. Due to international circumstances, from the fourth quarter of last year to now, the price of sulfur has nearly doubled. However, a phosphate fertilizer manufacturing enterprise in Yidu City, Hubei Province insists on maintaining stable prices and ensuring supply, with two production lines running at full capacity and accelerating production. Since February this year, the National Development and Reform Commission, together with relevant parties, has enforced key fertilizer enterprises' responsibilities for supply assurance, released reserves in advance, ensured the smooth reception at ports and domestic logistics, and guaranteed the supply of sulfur resources needed for phosphate fertilizer production.
00:05
Toilets are crowded as everyone checks their stock accounts—how much further can the South Korean stock market go?```htmlAmidst the feverish market activity, every day around 3:30 PM recently, the "employee restroom" becomes packed, as everyone is busy checking their stock accounts. Korea's "full restroom" phenomenon is similar to the "shoe shine boy rule," both hinting in some way that the capital market may be locally or fully overheated. In the history of the capital markets over the past century, a golden rule has proved reliable: avoid crowded places, as there's a risk of being caught in a stampede. Behavioral finance has found its footing in the investment field because it's difficult for human nature's inherent weaknesses to be overcome. Seeing investors around us profit, most people inevitably chase after hot sectors and stocks. The key to success in investing is precisely in contrarian positioning: buying when no one is interested, selling when the crowd is bustling. Regardless of whether the AI wave will push the semiconductor industry into an ultra-long boom cycle and reduce the cyclical nature of the sector, judging from market behavior, the secondary semiconductor market currently shows signs of overheating. "Buying when no one is interested, selling when the crowd is bustling" requires second-level thinking. Howard Marks, chairman of Oaktree Capital, mentioned in his book "The Most Important Thing," that most investors are stuck in first-level thinking, believing "if a company is good, buy its stock," or "if the economy is bad, sell stocks"—these ideas are simple and intuitive, and almost everyone can do them. However, second-level thinking goes a step further: "Although the company is good, everyone thinks it's good, so the stock price might already be too high, and it might actually be time to sell."```