Before lunch, I glanced at the Asian market and saw that Nikkei rose by almost 2% and Korean KOSPI rose by 1.1%. I also breathed a sigh of relief with the little memory compartment in my hand. It's quite lackluster. When it falls, I hope it doesn't fall again. If it really rebounds, I'm starting to wonder if a new round is coming. I have suffered this loss before, my mind always swells before my position. Today, technology stocks and AI are recovering, but the weak non farm sectors in the United States are still below. Employment has cooled down, and the market has lowered its September interest rate hike bet. The stone of interest rates has become a bit lighter, and overvalued technology stocks are taking a breath. However, today's hot topic in the A-share market is still Yushu Technology's new investment. The issuance price is 150.8 yuan, the subscription code is 787836, and the corresponding valuation is approximately 61 billion yuan. A total of 500 shares need to be signed, and 75400 yuan needs to be prepared for winning the bid. The A-share market has not yet gone public, but the UNITREE pre market contract on Hyperliquid has risen to $85, equivalent to about 575 yuan, which is 3.8 times the issue price. If it really lands at this price in the end, the corresponding price difference is about 281%. But UNITREE is a pre market derivative contract, not Yushu's A-share spot. Liquidity, leverage, and settlement rules all affect prices, and $85 can only represent how much off exchange funds are willing to bet now, and cannot be directly used as the opening price for listing. Yushu's revenue was 1.7 billion yuan last year, and its revenue continued to grow in the first quarter of this year, but its non recurring profit decreased by 52.6%. Tiktok has seen that their robots are so powerful that whether they can finally enter factories and families in large scale and whether their profits can keep up with the valuation is another matter I used to easily get confused when I saw "scarcity" and "several times" when trying to update, but later I realized that scarcity does not mean cheap, and pre market quotes are not guaranteed. Take a screenshot of UNITREE's $85 without moving the memory warehouse, and continue reading in the afternoon.