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Kate Moore stated in an interview that the company has always regarded gold as a diversifying tool in its investment portfolio to compensate for the shortcomings of bonds in this aspect. Gold is intended to act as a “ballast” in the portfolio, playing a role that long-term bonds have failed to achieve. Therefore, last year, the company increased its gold holdings in the portfolio and will continue to do so. “Bonds can no longer provide the same support and diversification as in the past”; “Take the performance during periods of geopolitical turmoil, for example; due to expectations of increased fiscal spending and rising inflation, both interest rates and yields have gone up.”

Garrett Jin placed a limit order to short $36 million worth of ZEC and increased holdings of HYPE. (Lookonchain)

Golden Ten Data reported on May 22 that analysts from Nomura Securities wrote in a report that NIO Inc. (NIO.N) needs to launch more popular models to further support its sales, market share, and profitability. They stated that investors will focus on the performance of NIO’s ES9 release next Wednesday. Given the positive customer feedback in the ES9’s pre-sale data, Nomura remains optimistic about the company and expects NIO to achieve sequential improvements in deliveries and financial data in the second half of this year. NIO will launch a five-seat version of the ES8 in the second half and plans to introduce three to five new models annually over the next few years.