Hong Kong stocks closed with mixed benchmark performance, according to Odaily. The Hang Seng Index edged up 0.16%, while the Hang Seng Tech Index fell 0.96%. Among individual names, MINIMAX-W (00100.HK) posted a 17.13% decline at the close. Seres (09927.HK) also moved lower, ending the session down 13.56%. The update was reported in a brief market wrap by Odaily on July 13, 2026.

U.S. AI-related stocks were broadly lower in premarket trading on July 13, according to market data from BIT (bit.com). Micron Technology fell 6.6%, while Nvidia declined 2.16%. Storage names also moved down sharply, with SanDisk off 6.5%, Seagate Technology down 5.4%, and Western Digital falling 6.6%. Among AI equipment makers, AMAT dropped 4.72% and LRCX lost 4.31%. CPO-linked stocks also traded lower, with LITE down 4.24% and AAOI off 4.01%. The move covered chip, storage, equipment, and CPO names in premarket trading.

HTX Genesis, a hackathon hosted by HTX DAO and B.AI and co-organized by OpenCSG and TinTinLand, has selected its top 15 teams, according to an official social media update. Those teams will advance to the offline final scheduled for July 19 during the WAIC World Artificial Intelligence Conference in Shanghai. The organizers also said community voting will open soon, with users able to stake on the HTX DAO website and vote for their preferred teams. The event carries a total prize pool of 20,000 USDT and offers more than $100,000 in computing power support. Participating teams are building around several themes, including $HTX use cases, B.AI ecosystem applications and computing services, AI Agent finance, on-chain asset management, trading infrastructure, DAO tools, and intelligent financial operating systems.

Apple has sued OpenAI and several former Apple employees in the U.S. District Court for the Northern District of California, accusing them of orchestrating a long-running effort to obtain Apple trade secrets for consumer AI hardware development. According to Apple’s complaint, more than 400 former Apple employees have joined OpenAI since the company began its hardware project. Named figures include former iPhone product executive and now OpenAI chief hardware officer Tang Tan, as well as former Apple engineer Chang Liu. Apple says the case goes beyond normal employee mobility. The complaint alleges that Tang Tan discussed supply chain matters before leaving Apple, sent himself internal supplier and industry information, and later sought unpublished product details from Apple employees during recruiting. Apple also claims OpenAI asked candidates to share product designs, CAD files, prototypes, supplier workflows, and system integration tools, while offering advice on how to avoid detection by Apple’s security team. OpenAI said it has “no interest in other companies’ trade secrets” and remains focused on building innovative AI technology. The allegations have not been tested in court. The lawsuit arrives as OpenAI steps up its hardware plans, following its roughly $6.5 billion all-stock acquisition last year of io Products, founded by Tang Tan and former Apple design chief Jony Ive.

Robinhood Chain’s launch has quickly turned into one of the strongest short-term themes in crypto, with several DeFi tokens moving alongside the network’s early growth. According to BlockTempo, the chain’s total value locked doubled from $46 million to $96 million within days, while stablecoin market cap climbed above $270 million. DEX volume reached about $900 million for the week, with more than $500 million recorded in the past 24 hours alone. That activity has lifted attention around four tokens tied to different parts of the chain’s stack: Lighter, Arbitrum, Morpho, and Uniswap. Lighter is the default perpetuals platform inside Robinhood Wallet. Arbitrum provides the Orbit stack on which Robinhood Chain is built, and 10% of net protocol revenue flows back to the Arbitrum ecosystem. Morpho is linked to Robinhood Earn, which routes USDG deposits into Morpho vaults at about 7% APY, with roughly $65 million of the chain’s $96 million TVL parked there. Uniswap, meanwhile, handled about $1 billion in total volume on the network within its first week. BlockTempo argues that while meme activity led the chain’s first wave, the market is now also trading the protocols and infrastructure that could capture longer-lasting usage if Robinhood Chain keeps expanding.

U.S. memory chip stocks moved lower in premarket trading, according to MSX data cited by Odaily. Micron Technology fell 6.6%, matching Western Digital’s decline. SanDisk was down 6.5%, while Seagate Technology lost 5.4%. The move covered several major names in the memory and storage segment before the U.S. stock market open. Odaily reported the figures as part of a market update.

SK Hynix ADR fell 10.4% in U.S. premarket trading on July 13, according to market data from BIT (bit.com), with the receipt last quoted at $151.468. The move stood out against the company’s Korea-listed ordinary shares, which were cited at roughly $1,249 at the close. BlockBeats noted that the conversion ratio between the U.S.-traded ADR and SK Hynix’s common stock in South Korea is about 10:1. Based on that ratio, the ADR was trading at a discount of about 18% versus the implied value from the Korean shares. The report focused on the pricing gap between the two listings and did not provide additional reasons for the premarket decline.

Gate said Jason Fung has officially joined the company as Head of Global Partnerships, a role in which he will lead the exchange’s global partnership strategy. According to the announcement cited by ChainCatcher, Fung will work on deeper long-term collaboration with selected projects, L1 and L2 ecosystems, traditional finance institutions, and Web3 partners, with the goal of strengthening Gate’s ecosystem value and global resource integration. Gate said Fung brings more than 15 years of experience across Web3, fintech, consumer technology, and gaming. He previously worked at Sei, ABFinance, TikTok, and Alibaba, and also took part in founding several Web2 and Web3 startup projects. The company said his background covers market expansion, ecosystem development, asset operations, strategic partnerships, and international business growth. Fung graduated from the University of Toronto’s business school with a bachelor’s degree in business administration. In a statement, he said he was pleased to join Gate and looked forward to building closer ties with projects, ecosystem partners, and industry participants worldwide while exploring new opportunities in digital assets.