Golden Finance reports that the US stock market continues to fall, with the S&P 500 index down 5%. DuPont (DD.N) leads the decline among component stocks, falling nearly 17%.

Jinse Finance reported that emmacui.eth, a partner at LongHash Ventures, believes that current funds and direct investment capital are both drying up, and Western general partners (GPs) are flocking to Asia for fundraising. The Solana Breakpoint event is full of developers, and the entire market is bullish in the fourth quarter of 24 and the first quarter of next year. As Cryptocurrency matures, reputation becomes increasingly important, and investors and projects need to do more DD.

Alva Xu, a financial management partner, pointed out that large European and American funds are competing for financing, accelerating the squeeze on the living space of Asian funds, making LPs more precious, and IR will become increasingly important. Instead of playing fancy games, the better way is to return to the original intention and support excellent enterprises in the early stage. It is suggested that fundraising should not emphasize DPI and financial returns, but focus on exploring desires and their own worldviews, and understanding the strategic planning and strategic investment layout of each LP.

On September 23, Jinshi Data reported that on September 23, Huagong Technology (000988) announced on its official WeChat account that its subsidiary, Huagong Zhengyuan, released the next-generation DCI scenario 800G ZR/ZR+ OSFP packaged solution at the ECOC2024 European Optical Fiber Communication Exhibition, and demonstrated the performance of the new product on site. Huagong Zhengyuan stated that it has launched the 800G QSFP-DD/OSFP for long-distance transmission in the DCI field.