Moonshot AI's Kimi K3 open-sourced; South Korea mulls 20% cap on leveraged stock trading; Lei Jun's Xiaomi gains from Changxin Technology IPO
Moonshot AI open-sourced its Kimi K3 model on July 27-28. South Korea is considering limiting individual leveraged stock investment to 20% of total financial investment products after KOSPI plunged. Xiaomi's subsidiary netted 736 million yuan from Changxin Technology's IPO, but a Xiaomi executive said it should not be conflated with personal wealth.
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