Latest results out for Coinbase. Revenue up 10 fold yoy. Unlike many ecommerce platform players this company actually has a profitable business model. Check out the growth in institutional participation in crypto as well. Company guiding soft 3Q but I believe it should pick up very soon with recent return of BTC price. Worth watching this space! 

$Alibaba(BABA)$ looks like most of the Chinese tech stocks are resuming their down trend.  However, some technical analysts believe that since they have already declined so much, when the market starts correcting, these stocks might actually go down less. Let's see what happens and where the share price settles. 

$PROPNEX LIMITED(OYY.SI)$ this is one amazing stock. Momentum still behind this. See where it leads us! 

$PALADIN ENERGY LTD(PDN.AU)$ uranium stocks moving. [财迷] 

$Taiwan Semiconductor Manufacturing(TSM)$Semicon sector has been positive on the shortage story for a long time. This could mark the end of the run. At least in the short term. No positive story goes on forever. 

A very thoughtful and insightful article talking about finding the Third Way for China, between pure Socialism and Capitalism. Author argues that in the first stage of China's development, capitalism has enlarged the pie for everyone. But in the next stage, China has to find a way to distribute the fruits of economic growth more evenly. Government should start by re-assessing the role of capitalism in the 3 pivotal sectors: education, medical care and housing. Actually, I believe they might have to move closer to the Singapore model where the public sector retains a huge role in these 3 segments, satisfying the needs of the majority of the people without surrendering it to a pure capitalist model. https://finance.sina.cn/zl/2021-07-27/zl-ikqcfnca9244156.d.html?from=wap