KPMG today released its latest "Hong Kong Asset Management and Private Equity Outlook" report, indicating that reforms to Hong Kong's fund tax exemption regime and carry-on tax relief regime are expected to attract a new wave of regional and global asset management companies to Hong Kong. Under the new regime, eligible carry-on rights and performance fees will enjoy a 0% effective tax rate, both at the corporate level and at the individual employee level. Data shows that Hong Kong's assets under management (AUM) are projected to grow by 20% year-on-year to a record high in 2025, with net fund inflows surging by 193% year-on-year, approximately three times that of last year. KPMG predicts that Hong Kong's total IPO fundraising for the year is expected to reach approximately HK$350 billion, and the ETF market will continue to expand as investor demand extends to products such as virtual assets and tactical trading. (KPMG)

Odaily Planet Daily reports that stablecoin issuer Mandela Digital has announced the completion of a $5 million funding round, with participation from Datavault AI. The new funds will be used for stablecoin infrastructure development, compliance, exchange integration, liquidity and marketing, as well as accelerating the launch of the 1:1 pegged-to-the-US dollar stablecoin, Mandela Dollar (MUSD). MUSD is positioned to promote financial inclusion, cross-border remittances, and digital payments in the Global South. Datavault AI will also provide MUSD with technical support including an AI platform, blockchain tokenization, SanQtum quantum-resistant encryption, and a Real-World Asset (RWA) framework. (Globenewswire)

PPP's market prediction tool monitoring shows that in Polymarket's "WTI Crude Oil Price July Hit Price" prediction event, the probability of WTI crude oil breaking through $95/barrel reached 48%, a 24-hour increase of 20%; the probability of breaking through $100/barrel rose to 32%, a 24-hour increase of 14%. According to market news, the US has used deployed B-1 bombers to strike targets of Iran's Islamic Revolutionary Guard Corps, marking a significant escalation and expansion of US military operations. Against the backdrop of the US military's continued strengthening of its military deployment in the region, Trump is still considering resuming large-scale military operations against Iran. Trump previously stated that whenever the Islamic Republic of Iran fires on ships in the Strait of Hormuz, whether by missiles, rockets, drones, or any other equipment or weapon, the US will bomb and destroy a bridge or power plant, including facilities located near or within the capital, Tehran. Join the PPP signal push community to stay ahead of the curve and seize opportunities.