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Tech & Innovation·August 3, 2026·1 min read

China’s Wu Vows Further Expansion of Market Links to Hong Kong

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Beijing deepening Stock Connect with yuan counters and REITs is another step toward making Hong Kong the offshore RMB liquidity hub. If you’re raising or deploying China-adjacent capital, expect more structured ways to tap mainland flows without a full onshore listing.

Tech & Innovation

Robinhood's prediction markets revenue surged 10x+ YoY to $156M in Q2, topping stock and crypto for the first time as speculators shift to real-world event bets

Retail risk appetite is migrating from assets to events—$156M in Q2 prediction-market revenue outpacing stock and crypto on Robinhood is a regime change, not a side bet. If you build in trading, gaming, or consumer fintech, assume users will demand event-native products, not just wrappers around equities and tokens.

Tech & Innovation

Four US states rolled back or paused data center tax incentives, and nine others are weighing repeal measures, potentially adding 7% or more to equipment costs

The cheap-land-plus-tax-breaks arbitrage for hyperscale and AI data centers is starting to close—states rolling back incentives and adding 7%+ to equipment costs will push more site selection toward power, cooling, and regulatory predictability over headline subsidies. If you're planning large deployments, lock in long-term agreements where incentives are contractual, not political favors that can be reversed mid-build.