Tencent is in talks to acquire SuperPlay, with a valuation between 1 billion and 1.5 billion US dollars
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The "AI Stock God" wrote to investors: Experienced a "bank run" and will no longer use leverage; up 80% this year, we can make a comeback.
Leopold stated that he takes "full responsibility" for the 67% plunge in fund assets in July, and promised to learn a "painful lesson" from the experience. He said the fund will continue operating and will not withdraw from the public equity market, but will no longer borrow from banks to amplify bets in the future. "We can withstand the losses and have the ability to make a comeback."
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