DL Family Office's 2026 Q4 Outlook：The Price of Money
The third quarter gave 2026 a second turn. The arrangement that had calmed energy markets mid-year broke down in late August, and fresh disruption to shipping, strikes on energy infrastructure, and the shutdown of Saudi Arabia’s East-West pipeline have pushed crude back above one hundred dollars a barrel. Energy has returned to the center of the macro map, transmitting directly into inflation expectations, bond yields, and financial conditions worldwide, with the US midterm elections in November adding a further layer of political sensitivity to both the conflict and the policy response. AI continues to expand at a jaw-dropping pace, with the bottleneck shifting from compute and memory to free cash flow.…
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Discussion of the Fed and Treasury（2）
This paper consists of two parts. Part I focuses on the first path— duration compression. While it can bring long‑end supply‑demand dynamics from out‑of‑control to manageable, it cannot eliminate term premium through purely engineering‑style measures. Should the duration machine cease to function, the yield curve may clear via a bear‑steepening move. More critically, Path One and Path Two are not inherently compatible: should long‑term interest rates resume their rise, the debt‑financing chain underpinning AI capital expenditure will bear the brunt.…
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Discussion of the Fed and Treasury（1）
Washington has a debt problem and — more unusually — a plan for it. Strip away the theater of the past few months, a Fed chair delivering the most hawkish Jackson Hole speech in a generation and a Treasury secretary hinting at bond-market surprises on television, and what remains is a reasonably coherent strategy for managing a debt stock that grows by six and a half percent of GDP a year. The plan has two paths, and the administration is not choosing between them. It is running both at once.…
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Where the Mountains Meet the Sea: Kengo Kuma Walks ONE Carmel
Some visitors look at land. A rare few listen to it. When the celebrated Japanese architect Kengo Kuma walked the grounds of ONE Carmel with Founder Crystal Jiang and the artist Qionger Jiang, he did something in between, he stopped, again and again, and simply took it in, the meadows rising toward the Santa Lucia range, the fog moving through the oaks, the long light of the afternoon, the place where the mountains and the sea come together.…
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Chairman’s Statement of DL Holdings Group
The past year was the most transformative year since the establishment of DL Holdings Group. By accurately capturing the historic opportunities in real-world asset tokenisation (“RWA”) and stablecoins, we successfully completed a placing and the issuance of convertible bonds, raising aggregate proceeds of approximately HK$1,760 million and thereby introducing numerous strategic investors. These proceeds have provided solid support for our comprehensive leap from a family office to a “technology-driven diversified financial and digital asset services platform”.…
Read More: Chairman’s Statement of DL Holdings Group
德林家族办公室2026年下半年展望：冰与火之歌（ENG Version Attached Below：DLFO 2026 H2 Outlook-A Song of Ice and Fire）
DL' Net Profit Soars 168%, Builds a Wealth Ecosystem for the Digital AI Era
DL Holdings' 4th Victoria Harbour Night Talk: The AI Wave
DL Holdings Gifts HK$40M RWA via Carmel Fund
Positive Profit Alert: DL’s Net Profit at 240%–270% of Prior Year
DL Bitcoin Mining: Daily ~2 BTC, 700+ by Year-End
DL Holdings Investee Secures HK Stablecoin License
2026 Q2 Outlook: Energy Shock Reckoning
DL Securities Launches Digital Asset Dealing Services
ONE Carmel receives white paper approval, enters AI-powered sales phase
ONE Carmel project receives unanimous approval from Monterey County
ONE Carmel holds groundbreaking ceremony for luxury Bay Area community
ONE Carmel Breaks Ground, DL Holdings' Premier Bay Area Luxury Development
ONE Carmel granted white paper, enters market stage
DL Holdings acquires stake in California's ONE Carmel project
DL Securities Secures Virtual Asset Trading License
DLH Invests HK$100M in Swiss Asset Manager Youngtimers AG
DL Donates HK$2 Million to Support Tai Po Fire Victims
DL Holdings’ Interim Net Profit Surges Over 25-Fold
ONE Carmel granted white paper, launching AI community
DLH to Invest HK$100M in C Capital's Parent for Europe Expansion
DL announces half-year positive profit alert up 20x to HK$220M
DL Holdings Nears Approval for Virtual Asset License
DL & Antalpha: US$100M Gold, US$100M Bitcoin Plan
DL Holdings Tokenizes Tech Giants Like ByteDance via RWA
DL Invests HK$320M with BITMAIN to Break Hashrate Barriers
DL Partners with NEXY.CO on First High-End Fashion RWA
DL Holdings Raises HK$650M+ for RWA & Web3 Expansion
DL Invests HK$7.85M in MetaCene’s Parent to Boost Web3+AI Gaming
DL Invests Over HKD 10 Million in Asseto for RWA Development
DL Holdings Solidifies Web3.0 with "3-Phase" Plan
1st in Stock Connect! DL to Tokenize 500M, Gives 60M to Investor
2025 2nd Half Market Outlook: Navigating Through Uncertainties
Victor Ai Named DLH(USA) CEO for AI & FinTech Global Expansion
DL Signs MOU with Asseto to Enter Stablecoin Market
DL & ViaBTC Sign a Non-Binding Term Sheet for Strategic Venture
NeuralFin adds strategic investors,DLH accelerates AI Agent push
DL Leads a $3M Strategic Equity Investment in Youngtimers AG
NeuralFin Leads Future Finance, DL Embarks on New Voyage
How Does AI’s Intelligence Develop?
2025 Q1 Outlook: Reshuffling the World Order
SoftBank-Backed QRAFT Subscribes DLDFO to Build AI-TechFin DLiFO
DL Reports Steady Growth in 1H FY24, Accelerate Global Expansion
DL raise HK$223M by placing new shares for long term investors
DL to raise HK$350M by placing new shares for long term investor
First AI Family Office in the Asia-Pacific is Open for Preview!
The Fed's Covert Preparations Before Cutting Interest Rates
Awaiting the JPY Appreciation, Embarking on Japanese Investments
In 2024, where is the Chinese stock market headed?
DL to acquire a HK-based AI company at valuation of US$10M
DL interim: a turnaround profit with promising future
DL Holdings Launched AI Family Office
The Chasm Between Elites and the Common Man (1)
The Chasm Between Elites and the Common Man (2)
Invictus - A letter to all DLers
When Asset Management Encounters the
The Importance of Regulation as Seen from the JPEX Case
Will U.S. Housing Prices Continue to Rise?
DL Announces Acquisition of Remaining 55% Stake in Family Office
Farewell？ Chinese men's national basketball team!
The Next Time Bomb in the U.S. Financial Market?
DL Holdings Launches Institute for New Economic Research
Japan: The Emerging Hotspot for Global Asset Allocation
Has the RMB's Devaluation Ended?
Rare Things are Precious; Just in Time for the Cold Winter
DL Holdings to Acquire New Commercial Tower in Central Hong Kong
Reading ten thousand books requires traveling ten thousand miles
Reconsidering the Perception of Luxury Homes in Hong Kong
Pessimism is a form of foresight,while optimism requires wisdom
How Long Will the Artificial Intelligence Boom Last?
From Fiscal Stimulus Plan to China's Own 401(k) Plan
RMB：What lies ahead in the 2nd half of 2023?
Who will buy the deluge of T-bill?
How can HK become International Tech Hub？
What is the risk of the United States defaulting?
Rethinking the Linked Exchange Rate System in Hong Kong
The Trend of Hibor, Market Liquidity and HSI
What is the Future Trend of Inflation in the United States
The Whole World is "Picking Up the Tab" for US Federal Reserve
Time to Invest in the US Housing Market? (Modified by ChatGPT)
What Does the Collapse of Silicon Valley Bank Mean for Us?
Time to Invest in the US Housing Market?
Cheering for 3.5% unemployment rate?
Right Timing， Right Place with Right People
DL Holdings Group Reports Net Profit of Over HK$100 Million
DL Holdings Acquires Family Office To Accelerate Its Growth
Bored Ape Yacht Club and NFT Hype
【Financial Times】DL Holdings to cooperate with Harvest Global Capital Investments
Is This the Good Timing to Invest in SPAC?
Fireside Chat with Investment Migration Council
DL Holdings to Invest USD 6.5mn in New Asset Management Company
【Bloomberg】DL Holdings Announces 2021 Interim Results
Building a Sustainable Family Office
From Family Inheritance to Critical Thinking
DL Holdings Group officially appointed Jennifer Lai as Wealth & Residency Planning Managing Director and DL Holdings (Japan) CEO
