Gate News Bot news, on August 27, according to CoinMarketCap data, as of the time of writing, SKY (Sky) is currently priced at $0.07, with a 24-hour rise of 8.40%, reaching a high of $0.07 and a low of $0.06. The current market capitalization is approximately $1.559 billion, an increase of $121 million compared to yesterday. Important recent news about SKY: 1️⃣ **S&P Global first rates DeFi protocol SKY** On August 11, the globally renowned rating agency Standard & Poor's (S&P Global) issued its first credit rating for decentralized finance (DeFi) protocols, assigning the SKY protocol a "B" rating. This marks the beginning of traditional financial rating agencies paying attention to and recognizing DeFi projects, which is expected to enhance SKY's recognition among institutional investors. 2️⃣

According to a Citibank report, Rongchang Biologics reported a revenue of 1.1 billion RMB in the first half of the year, a year-on-year rise of 48%, with a net loss of 450 million RMB. The goal is to reduce losses by 50% by 2025 and achieve break-even by 2026. Analysts have raised the target price to 35 HKD but maintained a sell rating.

Golden Finance reports that Fitch has confirmed India's rating as "BBB-"; the outlook is stable. In the face of high uncertainty, U.S. tariffs may have a slight impact on India's economic forecast.

Daiwa released a report stating that Li Ning's net profit margin in the first half of the year performed better than expected, with stable signs in its core brand. However, the continued turnaround is not yet confirmed, thus the rating has been upgraded to Hold, with a target price raised to HKD 20. The management remains cautiously optimistic about the performance in the second half of the year.

Goldman Sachs reports that Tuhu's revenue rose 11% to 7.9 billion yuan in the first half of the year, in line with expectations; adjusted net profit increased by 15%. The bank maintains its future revenue forecast unchanged, raising the target price to HKD 22.4, and continues to maintain a buy rating.

Fitch confirms the U.S. rating at "AA+" with a stable outlook. The large size of the U.S. economy and the status of the dollar support its rating, but high fiscal deficits and government debt are the main constraints. It is expected that the government deficit as a percentage of GDP will drop to 6.9% by 2025, but then will gradually rise.

On August 21, Jin10 reported that CMB International released a research report indicating that Pop Mart (09992.HK) had a strong performance in the first half of the year. The bank raised its profit forecast for 2025-27 by 39-49% and increased the target price to HKD 394. The company remains the bank's top pick in the consumer sector, and the bank continues to be optimistic about the company's IP operation capabilities and global expansion progress, reaffirming its 'Buy' rating. The report stated that the company's performance in the first half of 2025 saw explosive growth, with revenue reaching 13.88 billion yuan (the same below), a year-on-year rise of 204.4%. The adjusted net profit attributable to shareholders reached 4.71 billion yuan, a significant year-on-year rise of 362.8%. The gross profit margin and adjusted net profit margin increased by 6.3 and 11.6 percentage points year-on-year to 70.3% and 33.9%.

PANews August 19 news, S&P maintains the United States AA+/A-1+ sovereign rating; outlook remains stable.

Jin10 data, August 14 - Credit rating agency S&P Global upgraded India's long-term sovereign credit rating from "BBB-" to "BBB" on Thursday, citing India's economic resilience and ongoing fiscal consolidation. The agency had previously adjusted India's rating outlook from stable to positive in May last year due to strong economic growth and improvements in the quality of government spending. S&P stated in a release: "The upgrade of India's rating reflects its strong economic growth, while the strengthening monetary policy environment anchors inflation expectations. Coupled with the government's commitment to fiscal consolidation and efforts to improve spending quality, we believe these factors have collectively driven the improvement in credit metrics." However, S&P warned that if there is a political wavering in India's commitment to consolidating public finances, the rating could be downgraded; additionally, if economic growth slows significantly on a structural level, thereby undermining fiscal sustainability, it could also bring downward pressure. Of course, the rating could also further...

Golden Finance reports that S&P has upgraded India's rating to "BBB".

Odaily News According to a report by Cointelegraph, the RWA tokenization platform OpenEden announced a partnership with BNY Mellon, with the latter responsible for managing and custodying the underlying assets of its tokenized U.S. Treasury fund TBILL. The fund has received a Moody's "A" credit rating.

Golden Finance reported that the brokerage HC Wainwright stated in a research report on Tuesday that the Bitcoin mining company MARA will acquire a 64% stake in Exaion, a high-performance computing (HPC) company under the French energy giant EDF, and may increase its stake to 75% before 2027. HC Wainwright maintains a "outperform" rating on MARA stock with a target price of $28.

Websea encryption asset trading platform has obtained a CertiK Skynet security rating of 83.09/A, which covers code security, market, operation and maintenance, community, fundamentals, and governance. This rating provides investors with a security assessment, WBS Platform Token is currently reported at $1.09, with a 24-hour rise of 4.63%.

Jinse Finance reports that S&P Global has assigned a credit rating of "B-" to the issuer of USDS, Sky Protocol. According to Sky, this is the first time the rating agency has issued a credit rating for a stablecoin system. According to S&P's official website, a B rating means that the entity is more vulnerable to adverse business, financial, and economic conditions but still has the capacity to meet its financial obligations. The report points out that "Outlook Stable" but also states that the rating of Sky is constrained by its highly concentrated depositors, highly concentrated governance structure, and weaker risk-adjusted capital strength. S&P noted that although founder Rune Christensen holds 9% of the governance tokens, due to the low voting rate, Christensen has significant power in determining the future direction of Sky.

Jin10 data reported on August 6th that Goldman Sachs raised its net profit forecasts for Gu Ming (01364.HK) and Mixue Group (02097.HK) by 9% and 1% this year, reflecting that the duration of food delivery subsidies exceeded expectations. It also raised Gu Ming's profit forecast for next year by 4%, reflecting robust performance of new products and efforts in brand investment from 2024 to 2025. The bank raised its target price for Gu Ming from 29.2 HKD to 30 HKD, and Mixue's target price from 597 HKD to 599 HKD, with both rated as "Buy".

After Semler Scientific released its second quarter financial report, analysts reiterated their buy rating, believing that it is expanding its Bitcoin holdings through operating cash flow and low-cost debt to maintain shareholder value and avoid dilution.

Mizuho Securities maintained its "Outperform" rating and a target price of $120 for HOOD stock after meeting with Robinhood's CEO. Analysts praised the speed of product iterations at Robinhood, and the stock price rose more than 6%.

Golden Finance reported that after meeting with Robinhood CEO Vlad Tenev, Mizuho Securities analysts reiterated their "outperform" rating on the stock and a target price of $120 on Monday. The analysts expressed optimism about Robinhood's ability to expand its international market share through the tokenization of U.S. stocks, attract users from competitors, and its resilience in crypto trading.

Odaily News Guotai Junan Securities released a research report stating that Robinhood's model for laying out virtual asset-related businesses has certain reference significance for Chinese securities firms entering related businesses. Under the compliance background, obtaining relevant licenses, promoting asset on-chain, and exploring PFOF business forms may enhance its profitability. Combined with the brokerage zone's own PB-ROE valuation paradigm, the brokerage zone still has double-click potential going forward, maintaining an "outperform the market" rating for the industry. (Aastocks)

The Jefferies report pointed out that, taking the current NV72 as an example, Nvidia's market potential reaches $1.5 billion, and if including ASIC, it would be $2.5 billion. Assuming Innosilicon has a 50% market share and a net profit margin of 25%, its market capitalization is expected to rise due to potential profits, maintaining a "buy" rating with a target price of HK$54.29. Mass production is expected in 2027.

After reaching a trade protocol with the United States, South Korean President Lee Jae-myung's approval rating rose to 63.3%. Although the protocol sets most goods tariffs at 15%, Lee Jae-myung still needs to address the risks brought by the details of the protocol.

The DBS research report predicts that Pop Mart's revenue and profit will rise by more than 1.4 times and 1.8 times, respectively, driven by demand for its own IP in 2023. Despite facing short-term risks, the bank believes that the company's diversified product portfolio and innovative model will build a robust mid-term outlook, initiating a "buy" rating with a target price of HKD 312.

Golden Finance reports that, according to a Reuters/Ipsos poll, Trump's approval rating has dropped to 40%, the lowest level since his second term.

Odaily News Morgan Stanley has doubled its target price for Robinhood stock to $98 for 2026, as Robinhood is set to announce its second-quarter earnings on Wednesday. Morgan Stanley maintains a neutral rating on Robinhood and expects the company's earnings per share to be 31 cents, up from 21 cents in the same period last year. Morgan Stanley stated that the company's initiatives in the crypto assets and tokenization finance sectors will enhance operational leverage and create long-term profit potential. (CoinDesk)

On July 26, Jin10 reported that Finland has encountered its first credit rating downgrade in nearly a decade due to the government's failure to control the continuously expanding debt levels. Fitch Ratings announced on Friday evening that it has downgraded Finland's long-term sovereign credit rating from AA+ to AA, the lowest among the three major rating agencies. "The level of government debt in Finland remains high and continues to rise. We expect a lack of sufficient fiscal consolidation measures in the medium term to stabilize the debt levels," Fitch pointed out in its statement. Finnish Prime Minister Orpo's government is attempting to repair the long-standing fiscal situation plagued by deficits. Since 2009, Finland's public finances have recorded deficits for several consecutive years. The current government has set a target to stabilize the debt-to-GDP ratio by 2027. The fundamental issue troubling the Finnish economy is that the transformation of its export-oriented industrial structure is still incomplete. Successive governments have failed to effectively cut spending to address the fiscal gap brought about by declining revenues from core industries.

Bank of America Securities expects the Hong Kong Stock Exchange's net profit for the first half of the year to reach HK$8 billion, a year-on-year increase of 31%. It anticipates that the average daily trading volume in the second quarter will remain at HK$238 billion, supporting revenue from trading and Settlement fees. It maintains its full-year profit forecast unchanged, raising the target price from HK$440 to HK$520, reiterating a "buy" rating.

Odaily News H.C. Wainwright analyst Kevin Dede initiates coverage of Cango (NASDAQ: CANG) with a "Buy" rating and a target price of $8. In addition, TipRanks data shows that the analyst's total win rate over the past year is 42.6%, with an average return rate of 11.8%.

Jefferies has given Galaxy Digital a "buy" rating in its latest report, believing that a favorable encryption regulatory environment will aid its development. At the same time, Galaxy can benefit from AI demand through leasing data centers, with a target price of $35. The GLXY stock price has already pumped.

Jiao Yin International has lowered its revenue and net profit forecasts for Jiu Mao Jiu for 2025-27, giving a target price of HKD 2.79 based on a 19 times price-to-earnings ratio for 2026, and maintaining a "Neutral" rating. The report points out that same-store sales continue to decline, but the Tai Er brand is expected to improve in the second half of the year.

UBS expects that the revenue of China Literature Group will decrease by 25% to 3.2 billion RMB in the first half of the year, which is lower than market expectations. Online business revenue remains flat, while self-owned IP revenue has decreased by 4% due to the lack of issued series, and New Classics Media's revenue is expected to decline by 97%. The bank has lowered its revenue forecasts for the fiscal years 2025 and 2026, maintaining a "neutral" rating, with a target price raised to 33 HKD.

UBS has updated its earnings forecast for Smoore International, expecting a decline of 21%, flat growth, and a rise of 21% for the years 2025 to 2027, respectively. Revenue rose by 18% in the first half, but net profit is expected to decline by 21% to 35% in the second half. UBS maintains a "sell" rating, raising the target price to HKD 14.

Golden Finance reports that Citigroup has upgraded the USD rating from underweight to neutral.

Nomura predicts that the mid-term revenue of Kangfang Biotech will increase by 42% to 1.45 billion RMB, which is 3% lower than market expectations. The company's revenue in the second half of the year is expected to be driven by the sales of Ketanserin and Idarubicin, with the full-year net profit forecast raised by 97.2%. The target price is adjusted to HKD 120.64, maintaining a neutral rating.

Morgan Stanley expects a mid-term revenue rise of about 17% for Coty, with net profit increasing by over 20%. The net profit is expected to be 480 million yuan in 2025, and revenue from artificial intelligence will offset investment impacts. Due to macroeconomic conditions and reimbursement pressures, the earnings per share forecasts for 2026 and 2027 have been downgraded, with the target price reduced to HKD 48, maintaining a buy rating.

Citigroup expects that Laopo Gold's revenue will rise by 198% in the first half of this year, with net profit rising by 260%. It is expected that net profit will rise by 220% and 37% in 2025 and 2026, respectively. Maintains a buy rating, with a target price set at HKD 1084.

Jin10 data reported on July 14, according to South Korean media, the South Korean polling agency Realmeter released the results of the second week of July's public opinion survey. President Lee Jae-myung's support rate reached 64.6%, a new high since taking office, and has shown a rise for five consecutive weeks. Among them, 54.3% believe that Lee Jae-myung is "doing very well."

ChainCatcher message, the first on-chain analysis product of the on-chain identification and credit scoring system Creditlink, Creditlink Smart Analysis Beta version, is officially launched. The first product includes two core functions: "Address Smart Analysis" and "Batch Address Analysis," aimed at meeting the needs of individual users for address credit analysis and rating, as well as the needs of project parties for bulk address screening (applicable in scenarios such as token airdrops, witch exclusions, etc.). Creditlink

Gate News bot message, on July 2, Mizuho Securities analyst reiterated a "buy" rating on Robinhood (HOOD), while raising the target price from $80 to $99. Analyst Dan Dolev stated in the report: "The speed of Robinhood's product innovation is impressive." He listed several newly launched products, including those aimed at Europe.

Gate News bot message, on July 2, Mizuho Securities analysts reiterated their "buy" rating on Robinhood (HOOD) and raised its target price from $80 to $99. The day before, Robinhood announced the launch of tokenized stock products based on Arbitrum and is developing a dedicated RWA (Real World Asset) called Robinhood Chain.

According to ChainCatcher news and CoinDesk reports, Citigroup stated that Circle's valuation is reasonable and has given it a buy rating for the first time, setting the target price for Circle's stock at $243, which still has about a 34% upside compared to yesterday's closing price of $181.

Gate News bot message, CoinDesk reported that Citigroup released a research report on July 1, giving Circle (CRCL) stock a "Buy/High Risk" rating for the first time, setting a target price of $243. Circle stock was issued at an IPO price of $31, reached a high of $299, and then fell back to $181. Citigroup analysts' target price is lower than the current price.

Odaily News Citigroup, a financial giant, stated that Circle's valuation is reasonable and has given it a buy rating for the first time. Citigroup set a target price of $243 for Circle's stock, which is an increase of about 34% from last night's closing price of $181. The Citigroup report noted that Circle benefits from "scarcity value, the 'winner-takes-all' concept, significant potential opportunities, legislative momentum," and "enormous operational leverage potential."

According to Gate News bot, TheBlock reported that investment firm TD Cowen stated that the equity Bitcoin loop mechanism of Strategy provides a reasonable basis for its net asset value premium. Despite the risks, TD Cowen maintains a buy rating on Strategy. Strategy purchased 69,140 Bitcoins in the second quarter, bringing the total holdings to 597,325.

TD Cowen stated that despite the risks, it is reasonable for the stock price of Strategy to trade at a premium to its Bitcoin net asset value, as its equity-BTC loop model promotes the rise of stock prices and Bitcoin purchases, reiterating a "buy" rating and setting a target price of $1625.

Gate news, despite the strong dumping pressure on Metaplanet's stock price, Benchmark Equity Research has still issued a buy rating with a target price of 2,400 yen, a 50% pump from the current level. Meanwhile, this Japanese listed company is making a large acquisition of Bitcoin, currently holding 13,350 Bitcoins, making it the fifth largest listed company by Bitcoin holdings. Although there has been a recent pullback, the stock has still risen by 340% since the beginning of 2025.

Gate News bot message, Bloomberg reports that despite Circle's stock price rising nearly 490% after its listing, lead underwriter JPMorgan has given it a "downgrade" rating. JPMorgan set a target price of $80, down about 60% from its peak. JPMorgan analyst Kenneth Worthington pointed out in his report that Fiserv, Mastercard, Amazon

Benchmark's first rating of "Japan's version of MSTR" Metaplanet, analyst Mark Palmer gives a buy rating and a target price of 2,400 yen, believing that its "super accumulation" strategy is reasonable, with a goal of holding 210,000 Bitcoins by 2027.

According to Gate News bot, Cointelegraph reported that JPMorgan recently released a research report, analyzing Circle's stock for the first time and giving it a "reduce" rating. The report sets a target price of $80 for December 2026, which is 55% lower than the current stock price of $180. This pricing is based on a 45 times valuation of the expected earnings per share for 2027, plus an additional $10.