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Odaily reports that the institutional-grade quantitative AI trading platform AlphaNet has announced the completion of a $10 million seed funding round, led by private equity firm Joffre Capital, with participation from Huashan Capital and an Asian quantitative trading consortium. This round of funding will support AlphaNet’s transition from an invite-only whitelist model to a public platform launch. AlphaNet was incubated by the Asian proprietary trading firm Tensor Investment and positions itself as an institutional-grade “systematic alpha” trading platform, aiming to provide retail users with trading capabilities previously accessible only to institutions. (Decrypt)

According to Golden Ten Data on April 15, Ganfeng Lithium stated at the 2025 online performance briefing that overall demand growth in the lithium industry has been good this year, but there are many challenges on the supply side, leading to a relatively tight supply-demand relationship for lithium products. The company believes that current high oil prices may accelerate the replacement of traditional energy with new energy, further increasing medium- and long-term demand for lithium products.

Copper price volatility intensifies as the temporary ceasefire remains uncertain; Citi has raised its copper price forecast for 0 to 3 months to $13,000 per ton and pointed out that the easing of tensions between the US and Iran has significantly reduced the tail risk of major shocks to global economic growth and demand.