Stories
Shows how policy, balance sheets, market structure, and investor expectations transmit change across industries.
With the rapid development of digital finance, CBDC, stablecoins, and tokenized treasuries have become three paths for currency digitalization. The article compares their governance models, political economy implications, and social trade-offs, and discusses the different choices made by the United States and the European Union.
The deep tech sector experienced explosive growth in 2026, with the global total of companies surpassing 96,000 and annual financing reaching as high as $375 billion, with the United States holding absolute dominance. This article outlines key data such as company distribution, financing stages, and top investors.
The report predicts that the global automotive market will maintain a compound annual growth rate of 6.92% from 2025 to 2035, with North America leading innovation and the Asia-Pacific region serving as the growth engine. Key growth drivers include the adoption of electric vehicles, advancements in autonomous driving technology, and demand from emerging markets. Industry giants such as Toyota, Volkswagen, and General Motors are accelerating their transformation.
The automotive industry is a global, capital-intensive sector that is also cyclical. Analyzing auto stocks requires examining sales volume and market share, profit margins and operating leverage, capital expenditure and free cash flow, balance sheets, R&D investment, and brand strength, as well as understanding the cyclical impact of macroeconomics and interest rates. Based on these dimensions, this article constructs a systematic evaluation framework for investors.
In 2024, the global IPO market saw a strong recovery driven by shifts in interest rate policy and AI technology. India ranked first globally in the number of IPOs for the first time, while the United States regained the top spot in fundraising. The report looks ahead to 2025, noting that companies must address challenges such as geopolitics, AI, and ESG, while leveraging IPOs to drive growth.
In 2025, the global M&A market shows a trend of regional differentiation: North America focuses on technology and healthcare, Europe is making strides in energy transition and industrial goods, while Asia-Pacific is driven by consumption upgrading and the digital economy. Companies need to gain a deep understanding of regional industry ecosystems in order to seize deal opportunities.