:root{
  --navy:#0B1F3F; --navy-2:#13305A; --ink:#13284A; --body:#34496A; --muted:#5E6E86;
  --line:#D9DEE5; --paper:#F3F5F8; --leaf:#1E7A55; --leaf-dark:#155C40; --leaf-tint:#E6F2EC; --white:#FFFFFF;
  --serif:'IBM Plex Sans', 'Helvetica Neue', Arial, sans-serif;
  --brand:'Cormorant Garamond', Georgia, serif;
  --sans:'IBM Plex Sans', 'Helvetica Neue', Arial, sans-serif;
}
html:lang(zh-Hant){--serif:'IBM Plex Sans','Noto Sans TC',sans-serif;--sans:'IBM Plex Sans','Noto Sans TC',sans-serif}
html:lang(zh-Hans){--serif:'IBM Plex Sans','Noto Sans SC',sans-serif;--sans:'IBM Plex Sans','Noto Sans SC',sans-serif}

*{box-sizing:border-box}
html{scroll-behavior:smooth}
@media (prefers-reduced-motion:reduce){html{scroll-behavior:auto}}
body{margin:0;background:var(--white);color:var(--ink);font-family:var(--sans);font-size:18px;line-height:1.6;-webkit-font-smoothing:antialiased}
html:lang(zh) body{font-size:17px;line-height:1.8}
a{color:var(--navy)} a:hover{color:var(--leaf-dark)}
:focus-visible{outline:2px solid var(--leaf);outline-offset:3px}
svg{display:block}
p{margin:0}
h1,h2,h3{margin:0;font-family:var(--serif);color:var(--navy);font-weight:600}
.wrap{max-width:1180px;margin:0 auto;padding:0 32px}
.sr-only{position:absolute;width:1px;height:1px;overflow:hidden;clip:rect(0 0 0 0);white-space:nowrap}
.hidden{display:none}
.nw{display:inline-block}

/* Header */
header.site{border-bottom:1px solid var(--line);background:var(--white)}
header.site .wrap{display:flex;align-items:center;justify-content:space-between;gap:16px 24px;padding-top:18px;padding-bottom:18px;flex-wrap:wrap}
.brand{display:flex;align-items:center;gap:12px;text-decoration:none;color:var(--navy)}
.brand span{font-family:var(--brand);font-weight:600;font-size:24px;letter-spacing:.2em}
.nav{display:flex;align-items:center;flex-wrap:wrap;gap:8px 28px;font-size:16px}
.nav a{text-decoration:none;color:var(--ink)}
.nav a:hover{color:var(--leaf-dark)}
.lang{display:flex;gap:2px;font-size:15px;border-left:1px solid var(--line);padding-left:20px}
.lang a{padding:6px 8px;color:var(--muted);text-decoration:none;border-radius:4px}
.lang a[aria-current="page"]{color:var(--navy);background:var(--paper)}

.btn{display:inline-flex;align-items:center;justify-content:center;min-height:48px;padding:0 22px;border:0;border-radius:4px;background:var(--leaf);color:var(--white)!important;font:600 16px/1 var(--sans);text-decoration:none;cursor:pointer;white-space:nowrap}
.btn:hover{background:var(--leaf-dark)}

/* Hero */
.hero{padding:88px 0 0}
.hero h1{font-size:clamp(2.3rem,4.6vw,3.6rem);line-height:1.12;letter-spacing:-.01em;max-width:17em;font-weight:500}
html:lang(zh) .hero h1{font-weight:600;letter-spacing:0;line-height:1.3}
.hero .intro{margin-top:24px;max-width:36em;font-size:20px;color:var(--body)}
html:lang(zh) .hero .intro{font-size:18px}
.signup{display:flex;flex-wrap:wrap;gap:10px;margin-top:32px;max-width:560px}
.signup input[type=email]{flex:1 1 260px;min-height:52px;padding:0 16px;border:1px solid #B7C0CC;border-radius:4px;font:inherit;font-size:17px;color:var(--ink);background:var(--white)}
.signup .btn{min-height:52px}
.signup-note{margin-top:12px;font-size:15px;color:var(--muted)}
.form-thanks{margin-top:32px;font-size:18px;color:var(--leaf-dark);font-weight:600}

/* IPO lifecycle — the page's one big moment */
.lifecycle{margin-top:80px;background:var(--navy);color:#DCE3EC}
.lifecycle .wrap{padding-top:64px;padding-bottom:72px}
.lifecycle h2{color:var(--white);font-size:30px;font-weight:500;line-height:1.25}
html:lang(zh) .lifecycle h2{font-weight:600;line-height:1.4}
.lifecycle .sub{margin-top:10px;max-width:40em;color:#B9C4D2;font-size:17px}
.track{list-style:none;margin:48px 0 0;padding:0;display:grid;grid-template-columns:repeat(8,minmax(0,1fr));position:relative}
.track::before{content:"";position:absolute;left:0;right:0;top:9px;height:2px;background:#2E4A72}
.track li{position:relative;padding:0 14px 0 0}
.track .dot{display:block;width:20px;height:20px;border-radius:50%;background:var(--navy);border:2px solid #7D93B2;position:relative}
.track h3{margin-top:20px;font-family:var(--sans);font-size:16px;line-height:1.3;color:var(--white)}
.track p{margin-top:8px;font-size:14.5px;line-height:1.5;color:#B9C4D2}


@media (max-width:980px){
  .track{grid-template-columns:1fr;gap:0}
  .track::before{left:9px;right:auto;top:10px;bottom:10px;width:2px;height:auto}
  .track li{display:grid;grid-template-columns:20px 1fr;column-gap:20px;padding:0 0 28px}
  .track .dot{grid-row:1 / span 2}
  .track h3{margin-top:0}
  .track p{grid-column:2}
}

/* Bonds: term sheet */
.bonds{padding:112px 0}
.bonds .wrap{display:grid;grid-template-columns:minmax(0,5fr) minmax(0,7fr);gap:64px;align-items:start}
.bonds h2,.why h2,.faq h2,.who h2{font-size:clamp(1.8rem,3vw,2.4rem);line-height:1.2;font-weight:500}
html:lang(zh) .bonds h2,html:lang(zh) .why h2,html:lang(zh) .faq h2,html:lang(zh) .who h2{font-weight:600;line-height:1.35}
.bonds .copy p{margin-top:18px;color:var(--body)}
.sheet{border:1px solid var(--line);border-radius:6px;background:var(--white);box-shadow:0 1px 0 var(--line)}
.sheet-head{display:flex;justify-content:space-between;align-items:baseline;gap:12px;flex-wrap:wrap;padding:18px 24px;border-bottom:1px solid var(--line);background:var(--paper);border-radius:6px 6px 0 0}
.sheet-head strong{font-family:var(--serif);font-size:19px;color:var(--navy);font-weight:600}
.sheet-head span{font-size:14px;color:var(--muted)}
.sheet dl{margin:0;display:grid;grid-template-columns:minmax(120px,auto) 1fr}
.sheet dt,.sheet dd{margin:0;padding:13px 24px;border-bottom:1px solid var(--line);font-size:16px}
.sheet dt{font-weight:600;color:var(--navy);padding-right:8px}
.sheet dd{color:var(--body)}
.sheet dt:nth-last-of-type(1),.sheet dd:last-of-type{border-bottom:0}
@media (max-width:860px){.bonds .wrap{grid-template-columns:1fr;gap:40px}}
@media (max-width:520px){.sheet dl{grid-template-columns:1fr}.sheet dt{border-bottom:0;padding-bottom:0}.sheet dd{padding-top:4px}}

/* Why */
.why{background:var(--paper);border-top:1px solid var(--line);border-bottom:1px solid var(--line);padding:104px 0}
.why .wrap{max-width:820px}
.why p{margin-top:20px;font-size:19px;color:var(--body)}
html:lang(zh) .why p{font-size:17.5px}
.why .sign{margin-top:28px;font-size:16px;color:var(--muted)}

/* Who */
.who{padding:104px 0}
.who .wrap{display:grid;grid-template-columns:minmax(0,5fr) minmax(0,7fr);gap:64px}
.who ul{margin:0;padding:0;list-style:none}
.who li{padding:18px 0;border-bottom:1px solid var(--line);color:var(--body)}
.who li:first-child{padding-top:4px}
.who li strong{color:var(--navy);font-weight:600}
@media (max-width:860px){.who .wrap{grid-template-columns:1fr;gap:32px}}

/* FAQ */
.faq{padding:0 0 104px}
.faq .wrap{max-width:820px}
.faq .list{margin-top:28px;border-top:1px solid var(--line)}
details{border-bottom:1px solid var(--line);padding:20px 0}
summary{cursor:pointer;font-weight:600;font-size:18px;color:var(--navy);list-style:none;display:flex;justify-content:space-between;gap:16px}
summary::-webkit-details-marker{display:none}
summary::after{content:"+";color:var(--leaf);font-size:22px;line-height:1;font-weight:400}
details[open] summary::after{content:"−"}
details p{margin-top:12px;color:var(--body)}

/* Closing sign-up */
.closing{background:var(--navy);color:var(--white)}
.closing .wrap{padding-top:80px;padding-bottom:80px;display:grid;grid-template-columns:minmax(0,1fr) minmax(0,1fr);gap:32px 64px;align-items:end}
.closing h2{color:var(--white);font-size:clamp(1.8rem,3vw,2.4rem);font-weight:500;line-height:1.2}
html:lang(zh) .closing h2{font-weight:600;line-height:1.35}
.closing p{margin-top:12px;color:#B9C4D2}
.closing .signup{margin-top:0}
.closing .signup input[type=email]{border-color:var(--white)}
.closing .form-thanks{color:#8FDDB8;margin-top:0}
@media (max-width:860px){.closing .wrap{grid-template-columns:1fr}}

/* Footer */
footer{background:#071A33;color:#9FAEC2;font-size:14.5px;line-height:1.65}
footer .wrap{padding-top:40px;padding-bottom:40px;display:flex;flex-direction:column;gap:20px}
footer .row{display:flex;flex-wrap:wrap;justify-content:space-between;align-items:center;gap:16px}
footer .brand{color:var(--white)}
footer .brand span{font-size:20px}
footer p{max-width:62em}

@media (max-width:720px){
  body{font-size:17px}
  .wrap{padding:0 20px}
  .hero{padding-top:56px}
  .nav .hide-sm{display:none}
  header.site .wrap{flex-wrap:nowrap}
  .brand{gap:8px}
  .brand svg{width:26px;height:26px}
  .brand span{font-size:18px;letter-spacing:.14em}
  .lang a{padding:6px 6px}
  .signup .btn{flex:1 1 100%}
  .lang{border-left:0;padding-left:0}
  .bonds,.who{padding:80px 0}
  .why{padding:80px 0}
  .faq{padding-bottom:80px}
}

/* ---------- Tracker page ---------- */
.nav a[aria-current="page"]{color:var(--leaf-dark);font-weight:600}
.btn-light{background:var(--white);color:var(--navy)!important}
.btn-light:hover{background:var(--leaf-tint)}
.tracker-head{padding:56px 0 24px}
.tracker-head h1{font-size:clamp(2rem,3.6vw,2.8rem);line-height:1.15;font-weight:500}
html:lang(zh) .tracker-head h1{font-weight:600}
.tracker-head p{margin-top:12px;color:var(--body);max-width:44em}
.updated{font-size:15px;color:var(--muted)}
.toolbar{display:flex;flex-wrap:wrap;gap:12px 20px;align-items:center;justify-content:space-between;padding:8px 0 20px}
.filters{display:flex;flex-wrap:wrap;gap:8px}
.filters button{min-height:40px;padding:0 14px;border:1px solid var(--line);border-radius:999px;background:var(--white);color:var(--ink);font:inherit;font-size:15px;cursor:pointer}
.filters button:hover{border-color:var(--navy)}
.filters button[aria-pressed="true"]{background:var(--navy);border-color:var(--navy);color:var(--white)}
.filters .n{opacity:.7;font-variant-numeric:tabular-nums;margin-left:2px}
.toolbar input[type=search]{min-height:40px;width:min(280px,100%);padding:0 14px;border:1px solid #B7C0CC;border-radius:4px;font:inherit;font-size:16px}
.count{font-size:15px;color:var(--muted);margin-bottom:8px}
.grid-scroll{overflow-x:auto;border:1px solid var(--line);border-radius:6px;margin-bottom:56px}
.grid{width:100%;border-collapse:collapse;min-width:860px;font-size:15.5px}
.grid th{text-align:left;font-weight:600;color:var(--muted);font-size:14px;padding:12px 16px;background:var(--paper);border-bottom:1px solid var(--line);white-space:nowrap}
.grid td{padding:14px 16px;border-bottom:1px solid var(--line);vertical-align:top}
.grid tr:last-child td{border-bottom:0}
.grid .name{font-weight:600;color:var(--navy);min-width:220px}
.grid .board{display:block;font-weight:400;font-size:13.5px;color:var(--muted);margin-top:2px}
.grid .num{font-variant-numeric:tabular-nums;white-space:nowrap}
.grid .empty{text-align:center;color:var(--muted);padding:48px 16px}
.stage{display:inline-block;padding:3px 10px;border-radius:999px;font-size:13.5px;white-space:nowrap;background:var(--paper);color:var(--ink);border:1px solid var(--line)}
.stage.s-E4{background:var(--leaf-tint);border-color:#B9DCC9;color:var(--leaf-dark)}
.stage.s-E3{background:#E8EEF7;border-color:#C5D3E8;color:var(--navy)}
.up{color:var(--leaf-dark);font-weight:600}
.down{color:#A3361F;font-weight:600}
.docs a{display:block;font-size:14.5px;white-space:nowrap}
.note{font-size:14.5px;color:var(--muted);margin:-36px 0 64px}

/* Homepage: open access */
.cta-row{margin-top:32px}
.closing .cta-row{margin-top:0}
.track li.now .dot{background:#5FC79A;border-color:#5FC79A}
.track li.now h3{color:#8FDDB8}
.tag{display:inline-block;margin-bottom:14px;padding:3px 10px;border-radius:999px;background:var(--paper);border:1px solid var(--line);font-size:14px;color:var(--muted)}

/* Homepage pipeline snapshot */
.snapshot{padding:0 0 72px}
.snap-head{display:flex;flex-wrap:wrap;align-items:baseline;justify-content:space-between;gap:8px 24px;border-top:1px solid var(--line);padding-top:40px}
.snap-head h2{font-size:clamp(1.5rem,2.4vw,1.9rem);font-weight:500}
html:lang(zh) .snap-head h2{font-weight:600}
.figs{margin:28px 0 40px;display:grid;grid-template-columns:repeat(3,minmax(0,1fr));gap:0;border:1px solid var(--line);border-radius:6px}
.figs > div{padding:20px 22px;border-right:1px solid var(--line);min-width:0}
.figs > div:last-child{border-right:0}
.figs dt{font-size:15px;color:var(--muted);line-height:1.4}
.figs dd{margin:8px 0 0;font-family:var(--serif);font-size:38px;line-height:1;color:var(--navy);font-variant-numeric:tabular-nums}
.fig-note{margin-top:8px;font-size:13.5px;color:var(--muted)}
.snapshot h3{font-family:var(--sans);font-size:17px;margin-bottom:12px}
.snapshot .grid-scroll{margin-bottom:16px}
.grid.mini{min-width:600px}
@media (max-width:600px){.figs{grid-template-columns:1fr}.figs > div{border-right:0;border-bottom:1px solid var(--line)}.figs > div:last-child{border-bottom:0}}

/* Methodology */
.method{padding:0 0 104px}
.method .wrap{max-width:900px}
.method h2{font-size:clamp(1.8rem,3vw,2.4rem);line-height:1.2;font-weight:500}
html:lang(zh) .method h2{font-weight:600}
.method dl{margin:28px 0 0;display:grid;grid-template-columns:minmax(120px,180px) 1fr;border-top:1px solid var(--line)}
.method dt,.method dd{margin:0;padding:16px 0;border-bottom:1px solid var(--line)}
.method dt{font-weight:600;color:var(--navy);padding-right:20px}
.method dd{color:var(--body)}
@media (max-width:600px){.method dl{grid-template-columns:1fr}.method dt{border-bottom:0;padding-bottom:0}.method dd{padding-top:6px}}

.snap-cols{margin-top:28px;display:grid;grid-template-columns:minmax(0,7fr) minmax(0,5fr);gap:32px}
.snap-cols .grid.mini{min-width:0}
.snap-cols .grid-scroll{margin-bottom:0}
.snapshot > .wrap > p{margin-top:20px}
@media (max-width:900px){.snap-cols{grid-template-columns:minmax(0,1fr)}.snap-cols .grid.mini{min-width:520px}}
.snap-cols .grid .name{min-width:0}
.snap-cols .docs a{white-space:normal}

/* ---------- Tracker: newsroom layout ---------- */
.tk-hero{background:var(--navy);color:#DCE3EC}
.tk-hero .wrap{padding-top:72px;padding-bottom:0}
.tk-hero h1{color:var(--white);font-size:clamp(2.4rem,5vw,4rem);line-height:1.05;font-weight:500;letter-spacing:-.01em;max-width:14em;text-wrap:balance}
html:lang(zh) .tk-hero h1{font-weight:600;letter-spacing:0;line-height:1.2}
.tk-lede{margin-top:20px;max-width:40em;color:#C3CDDA;font-size:19px}
html:lang(zh) .tk-lede{font-size:17px}
.tk-hero .updated{margin-top:12px;color:#93A3B8;font-size:15px}
.tk-subnav{margin-top:48px;display:flex;flex-wrap:wrap;gap:4px 32px;border-top:1px solid #23406A}
.tk-subnav a{display:inline-block;padding:16px 0 14px;color:#C3CDDA;text-decoration:none;font-size:16px;border-bottom:2px solid transparent}
.tk-subnav a:hover{color:var(--white)}
.tk-subnav a[aria-current="page"]{color:var(--white);border-bottom-color:#5FC79A}

.tk-featured{border-bottom:1px solid var(--line);background:var(--paper)}
.tk-featured .wrap{padding-top:48px;padding-bottom:52px;display:grid;grid-template-columns:minmax(0,180px) minmax(0,1fr);gap:8px 48px}
.tk-featured .tk-label{font-family:var(--serif);font-size:22px;color:var(--leaf-dark);padding-top:4px}
.tk-featured h2{margin-top:10px;font-size:clamp(1.8rem,3.4vw,2.6rem);line-height:1.15;font-weight:500;text-wrap:balance}
html:lang(zh) .tk-featured h2{font-weight:600;line-height:1.3}
.tk-featured .tk-read{margin-top:18px}
.tk-featured .tk-read a{font-weight:600;color:var(--leaf-dark)}

.tk-body{display:grid;grid-template-columns:minmax(0,260px) minmax(0,1fr);gap:64px;padding-top:56px;padding-bottom:96px;align-items:start}
.tk-filters{position:sticky;top:24px}
.tk-filters summary{list-style:none;cursor:default;font-family:var(--serif);font-size:24px;color:var(--navy);padding-bottom:14px;border-bottom:1px solid var(--navy)}
.tk-filters summary::-webkit-details-marker{display:none}
.tk-filters details summary::after{content:none}
.tk-filters fieldset{border:0;margin:0;padding:0 0 18px;border-bottom:1px solid var(--line);min-width:0}
.tk-filters fieldset > :not(legend){clear:both}
.tk-filters legend{float:left;width:100%;padding:20px 0 0;margin-bottom:10px;font-weight:600;color:var(--navy);font-size:16px}
.tk-filters input[type=search]{width:100%;min-height:44px;padding:0 12px;border:1px solid #B7C0CC;border-radius:2px;font:inherit;font-size:16px;background:var(--white);color:var(--ink)}
.tk-check{display:flex;align-items:flex-start;gap:10px;padding:5px 0}
.tk-check input{margin:5px 0 0;width:16px;height:16px;accent-color:var(--navy);flex:none}
.tk-check label{flex:1;display:flex;justify-content:space-between;gap:12px;cursor:pointer;font-size:16px;color:var(--ink);line-height:1.45}
.tk-check .n{color:var(--muted);font-variant-numeric:tabular-nums}
.tk-clear{margin-top:16px;padding:0;border:0;background:none;color:var(--navy);font:inherit;font-size:15px;text-decoration:underline;cursor:pointer;min-height:32px}

.tk-results{min-width:0}
.tk-count{color:var(--muted);font-size:15px;padding-bottom:14px;border-bottom:1px solid var(--navy)}
.tk-chips{display:flex;flex-wrap:wrap;align-items:center;gap:8px;padding:14px 0 0}
.tk-chips-label{font-size:14px;color:var(--muted);margin-right:4px}
.tk-chip{min-height:32px;padding:0 12px;border:1px solid var(--line);border-radius:2px;background:var(--paper);color:var(--ink);font:inherit;font-size:14px;cursor:pointer}
.tk-chip:hover{border-color:var(--navy)}
.tk-list{list-style:none;margin:0;padding:0}
.tk-item{padding:30px 0 32px;border-bottom:1px solid var(--line)}
.tk-meta{display:flex;flex-wrap:wrap;align-items:baseline;gap:4px 16px;font-size:15px;color:var(--muted)}
.tk-meta time{font-variant-numeric:tabular-nums}
.tk-stage{color:var(--navy);font-weight:600}
.tk-stage.s-E4{color:var(--leaf-dark)}
.tk-item h3{margin-top:10px;font-size:clamp(1.35rem,2.2vw,1.7rem);line-height:1.3;font-weight:500}
html:lang(zh) .tk-item h3{font-weight:600}
.tk-item h3 a{color:var(--navy);text-decoration:none;background-image:linear-gradient(currentColor,currentColor);background-size:0 1px;background-repeat:no-repeat;background-position:0 100%;transition:background-size .25s ease}
.tk-item h3 a:hover,.tk-item h3 a:focus-visible{background-size:100% 1px}
@media (prefers-reduced-motion:reduce){.tk-item h3 a{transition:none}}
.tk-facts{margin:16px 0 0;display:flex;flex-wrap:wrap;gap:12px 36px}
.tk-facts dt{font-size:13.5px;color:var(--muted)}
.tk-facts dd{margin:2px 0 0;font-size:16px;color:var(--ink);font-variant-numeric:tabular-nums}
.tk-docs{margin-top:14px;display:flex;flex-wrap:wrap;gap:4px 20px;font-size:15px}
.tk-docs span{color:var(--muted)}
.tk-docs a{color:var(--navy)}

.tk-pages{display:flex;flex-wrap:wrap;gap:6px;margin-top:36px}
.tk-pages button{min-width:44px;min-height:44px;padding:0 10px;border:1px solid var(--line);border-radius:2px;background:var(--white);color:var(--ink);font:inherit;font-size:16px;cursor:pointer;font-variant-numeric:tabular-nums}
.tk-pages button:hover:not(:disabled){border-color:var(--navy)}
.tk-pages button[aria-current="page"]{background:var(--navy);border-color:var(--navy);color:var(--white)}
.tk-pages button:disabled{opacity:.35;cursor:default}
.tk-arrow{font-size:20px!important}
.tk-note{margin-top:40px;font-size:14.5px;color:var(--muted);max-width:52em}

@media (max-width:860px){
  .tk-hero .wrap{padding-top:48px}
  .tk-subnav{margin-top:32px;gap:0 22px}
  .tk-featured .wrap{grid-template-columns:minmax(0,1fr);padding-top:36px;padding-bottom:40px}
  .tk-body{grid-template-columns:minmax(0,1fr);gap:28px;padding-top:32px}
  .tk-filters{position:static}
  .tk-filters summary{cursor:pointer;display:flex;justify-content:space-between;align-items:center;font-size:20px}
  .tk-filters details summary::after{content:"+";font-family:var(--sans);color:var(--navy);font-size:24px}
  .tk-filters details[open] summary::after{content:"−"}
  .tk-facts{gap:10px 24px}
}
.tk-filters details{border:0;padding:0}

/* ---------- Tracker list v2: date column + headline ---------- */
:root{--link:#1D4578}
.tk-body{display:block;padding-top:40px}
.tk-bar{display:flex;flex-wrap:wrap;justify-content:space-between;align-items:center;gap:12px 32px;border-bottom:1px solid var(--line)}
.tk-tabs{display:flex;flex-wrap:wrap;gap:0 28px}
.tk-tabs button{position:relative;min-height:52px;padding:0;border:0;background:none;font:inherit;font-size:17px;font-weight:600;color:var(--muted);cursor:pointer}
.tk-tabs button:hover{color:var(--navy)}
.tk-tabs button[aria-pressed="true"]{color:var(--link);padding-left:14px}
.tk-tabs button[aria-pressed="true"]::before{content:"";position:absolute;left:0;top:50%;width:6px;height:6px;margin-top:-3px;border-radius:50%;background:var(--link)}
.tk-tools{display:flex;flex-wrap:wrap;gap:10px;padding:8px 0}
.tk-tools select,.tk-tools input{min-height:42px;padding:0 12px;border:1px solid #B7C0CC;border-radius:2px;background:var(--white);font:inherit;font-size:15px;color:var(--ink)}
.tk-tools input{width:210px;max-width:100%}
.tk-count{border-bottom:0;padding:18px 0 4px}
.tk-item{display:grid;grid-template-columns:minmax(0,1fr) minmax(0,3fr);gap:8px 40px;padding:34px 0 36px;border-bottom:1px solid var(--line)}
.tk-date{font-size:16px;color:var(--ink);font-variant-numeric:tabular-nums;padding-top:2px}
.tk-cat{font-size:14px;letter-spacing:.06em;text-transform:uppercase;color:var(--ink)}
html:lang(zh) .tk-cat{letter-spacing:.04em}
.tk-cat.s-E4{color:var(--leaf-dark)}
.tk-main h3{margin-top:16px;font-family:var(--sans);font-size:clamp(1.4rem,2.3vw,1.85rem);line-height:1.35;font-weight:400}
.tk-main h3 a{color:var(--link);text-decoration:none}
.tk-main h3 a:hover{text-decoration:underline;text-decoration-thickness:1px;text-underline-offset:5px}
.tk-main .tk-facts{margin-top:18px}
.tk-main .tk-docs{margin-top:12px}
.tk-go{display:inline-flex;margin-top:22px;color:var(--link);padding:6px 0;transition:transform .2s ease}
.tk-go:hover{transform:translateX(6px);color:var(--navy)}
@media (prefers-reduced-motion:reduce){.tk-go{transition:none}.tk-go:hover{transform:none}}
@media (max-width:760px){
  .tk-item{grid-template-columns:minmax(0,1fr);padding:26px 0 28px}
  .tk-date{font-size:15px;color:var(--muted)}
  .tk-tabs{gap:0 22px}
  .tk-tabs button{font-size:16px;min-height:46px}
  .tk-tools{width:100%}
  .tk-tools select{flex:1 1 140px}
  .tk-tools input{flex:2 1 180px;width:auto}
}


/* ---------- Type: one sans family, light large headlines (bank style) ---------- */
.hero h1,.tk-hero h1,.lifecycle h2,.bonds h2,.why h2,.who h2,.faq h2,.closing h2,.method h2,.snap-head h2{font-weight:300;letter-spacing:-.02em}
.hero h1{font-size:clamp(2.4rem,4.8vw,3.9rem);line-height:1.1}
.tk-hero h1{letter-spacing:-.025em}
html:lang(zh) .hero h1,html:lang(zh) .tk-hero h1,html:lang(zh) .lifecycle h2,html:lang(zh) .bonds h2,html:lang(zh) .why h2,html:lang(zh) .who h2,html:lang(zh) .faq h2,html:lang(zh) .closing h2,html:lang(zh) .method h2,html:lang(zh) .snap-head h2{font-weight:400;letter-spacing:0}
h3,summary,.sheet-head strong{font-weight:500}
.client-grid h3,.coverage h3{font-weight:500}
.steps .num{font-weight:300;font-size:30px}
.tk-main h3{font-weight:300;letter-spacing:-.01em}
html:lang(zh) .tk-main h3{font-weight:400;letter-spacing:0}
.lead,.intro,p{font-weight:400}
.brand span{font-family:var(--brand)}
.snapshot{margin-top:64px}


/* ================= Homepage: block panels ================= */
body.home{font-weight:300}
.h-eyebrow{font-size:13px;font-weight:500;letter-spacing:.1em;text-transform:uppercase;color:var(--link)}
html:lang(zh) .h-eyebrow{letter-spacing:.06em}
.h-tex{position:absolute;inset:0;width:100%;height:100%;pointer-events:none}

.h-hero{position:relative;overflow:hidden;background:var(--navy);color:var(--white)}
.h-hero .wrap{position:relative;padding-top:132px;padding-bottom:120px}
.h-hero h1{color:var(--white);font-weight:300;font-size:clamp(2.6rem,5.4vw,4.6rem);line-height:1.08;letter-spacing:-.02em;max-width:12.5em;text-wrap:balance}
html:lang(zh) .h-hero h1{font-weight:300;letter-spacing:0;line-height:1.25}
.h-hero p{margin-top:28px;max-width:34em;font-size:19px;color:#B7C6DB;font-weight:300}

.h-split{display:grid;grid-template-columns:minmax(0,1fr) minmax(0,1fr)}
.h-panel{position:relative;overflow:hidden;padding:96px clamp(24px,5.5vw,96px)}
.h-in{position:relative;max-width:540px;display:flex;flex-direction:column;align-items:flex-start;gap:22px}
.p-white{background:var(--white)}
.p-grey{background:#EFF2F6}
.p-navy{background:var(--navy);color:#DCE4EF}
.p-navy .h-eyebrow{color:#9DB6D8}
.h-panel h2,.h-life h2,.h-faq h2{font-weight:300;font-size:clamp(1.9rem,3vw,2.6rem);line-height:1.15;letter-spacing:-.015em;color:var(--link);text-wrap:balance}
.p-navy h2{color:var(--white)}
html:lang(zh) .h-panel h2,html:lang(zh) .h-life h2,html:lang(zh) .h-faq h2{font-weight:400;letter-spacing:0;line-height:1.35}
.h-big{font-size:clamp(1.25rem,1.9vw,1.6rem);line-height:1.45;color:var(--link);font-weight:300}
html:lang(zh) .h-big{font-size:clamp(1.15rem,1.7vw,1.4rem);line-height:1.7}
.h-body{font-size:18px;line-height:1.65;color:#C9D5E5;font-weight:300}
.h-btn{display:inline-flex;align-items:center;min-height:44px;padding:0 22px;border:1px solid currentColor;color:var(--link);text-decoration:none;font-size:13px;font-weight:500;letter-spacing:.09em;text-transform:uppercase;transition:background-color .2s,color .2s}
.h-btn:hover{background:var(--link);color:var(--white)}
html:lang(zh) .h-btn{letter-spacing:.06em;font-size:14px}

.h-stats{margin:0;display:grid;grid-template-columns:repeat(2,minmax(0,1fr));gap:40px 48px;width:100%}
.h-stats div{display:flex;flex-direction:column-reverse;gap:8px}
.h-stats dd{margin:0;font-size:clamp(3rem,5vw,4.4rem);font-weight:300;line-height:1;color:var(--white);font-variant-numeric:tabular-nums}
.h-stats dt{font-size:14px;color:#9DB6D8;line-height:1.4}
.h-small{font-size:14px;color:#9DB6D8}

.h-list{list-style:none;margin:0;padding:0;width:100%;border-top:1px solid #C9D2DE}
.p-white .h-list{border-top-color:var(--line)}
.h-list li{display:grid;grid-template-columns:minmax(0,9.5em) minmax(0,1fr);gap:4px 20px;padding:16px 0;border-bottom:1px solid #C9D2DE}
.p-white .h-list li{border-bottom-color:var(--line)}
.h-list time{font-size:14.5px;color:var(--muted);padding-top:3px;font-variant-numeric:tabular-nums}
.h-list a,.h-list .h-name{font-size:17px;line-height:1.45;color:var(--link);text-decoration:none;font-weight:400}
.h-list a:hover{text-decoration:underline;text-underline-offset:4px}
.h-meta{margin-top:4px;font-size:14px;color:var(--muted);white-space:pre-wrap;font-variant-numeric:tabular-nums}

.h-life{background:var(--white);border-top:1px solid var(--line)}
.h-life .wrap{padding-top:104px;padding-bottom:104px;display:flex;flex-direction:column;gap:18px}
.h-sub{max-width:44em;color:var(--body);font-size:18px}
.h-life .track{margin-top:36px}
.h-life .track::before{background:var(--line)}
.h-life .track .dot{background:var(--white);border-color:#9AA9BD}
.h-life .track h3{color:var(--ink);font-weight:500}
.h-life .track p{color:var(--body)}
.h-life .track li.now .dot{background:var(--leaf);border-color:var(--leaf)}
.h-life .track li.now h3{color:var(--leaf-dark)}

.h-method dl{margin:0;width:100%;display:grid;grid-template-columns:minmax(0,1fr);border-top:1px solid var(--line)}
.h-method dt{padding-top:16px;font-weight:500;color:var(--ink);font-size:15px}
.h-method dd{margin:0;padding:4px 0 16px;border-bottom:1px solid var(--line);color:var(--body);font-size:15.5px;line-height:1.6}

.h-faq{background:#EFF2F6}
.h-faq .wrap{max-width:900px;padding-top:104px;padding-bottom:104px;display:flex;flex-direction:column;gap:18px}
.h-faq .list{margin-top:18px;border-top:1px solid #C9D2DE}
.h-faq details{border-bottom-color:#C9D2DE}
.h-faq summary{color:var(--ink);font-weight:500}

@media (max-width:900px){
  .h-split{grid-template-columns:minmax(0,1fr)}
  .h-panel{padding:64px max(20px, env(safe-area-inset-right, 0px)) 64px max(20px, env(safe-area-inset-left, 0px))}
  .h-hero .wrap{padding-top:80px;padding-bottom:72px}
  .h-life .wrap,.h-faq .wrap{padding-top:72px;padding-bottom:72px}
}
@media (max-width:480px){
  .h-list li{grid-template-columns:minmax(0,1fr)}
  .h-stats{gap:28px 24px}
  .h-stats dd{font-size:2.8rem}
}

/* English/Chinese second name, pagination gap */
.tk-alt{margin-top:6px;font-size:15px;color:var(--muted)}
.tk-gap{display:inline-flex;align-items:flex-end;padding:0 4px 10px;color:var(--muted)}

/* ---------- Company (deal) page ---------- */
.dl-hero{background:var(--navy);color:#DCE3EC}
.dl-hero .wrap{padding-top:40px;padding-bottom:64px;display:flex;flex-direction:column;align-items:flex-start;gap:14px}
.dl-back{color:#B9C8DD;text-decoration:none;font-size:15px}
.dl-back:hover{color:var(--white)}
.dl-stage{margin-top:28px;font-size:13px;font-weight:500;letter-spacing:.1em;text-transform:uppercase;color:#8FDDB8}
html:lang(zh) .dl-stage{letter-spacing:.06em}
.dl-hero h1{color:var(--white);font-weight:300;font-size:clamp(2rem,4.4vw,3.4rem);line-height:1.12;letter-spacing:-.015em;max-width:22em;text-wrap:balance}
html:lang(zh) .dl-hero h1{font-weight:400;letter-spacing:0;line-height:1.3}
.dl-alt{font-size:18px;color:#B9C8DD}
.dl-facts{margin:22px 0 0;display:flex;flex-wrap:wrap;gap:20px 48px;border-top:1px solid #23406A;padding-top:22px;width:100%}
.dl-facts dt{font-size:13.5px;color:#9DB6D8}
.dl-facts dd{margin:4px 0 0;font-size:22px;font-weight:300;color:var(--white);font-variant-numeric:tabular-nums}
.dl-body{display:grid;grid-template-columns:minmax(0,7fr) minmax(0,5fr);gap:64px;padding-top:72px;padding-bottom:104px}
.dl-body h2{font-weight:300;font-size:clamp(1.6rem,2.4vw,2rem);color:var(--link);margin-bottom:24px}
html:lang(zh) .dl-body h2{font-weight:400}
.dl-timeline{list-style:none;margin:0;padding:0;position:relative}
.dl-timeline::before{content:"";position:absolute;left:8px;top:10px;bottom:10px;width:2px;background:var(--line)}
.dl-timeline li{position:relative;display:grid;grid-template-columns:18px minmax(0,1fr);gap:20px;padding-bottom:30px}
.dl-timeline li:last-child{padding-bottom:0}
.dl-dot{width:18px;height:18px;border-radius:50%;background:var(--white);border:2px solid #9AA9BD;margin-top:3px;position:relative}
.dl-timeline li.done .dl-dot{background:var(--leaf);border-color:var(--leaf)}
.dl-step{font-size:18px;font-weight:500;color:var(--ink)}
.dl-timeline li.todo .dl-step{color:var(--muted);font-weight:400}
.dl-when{margin-top:2px;font-size:15.5px;color:var(--body);font-variant-numeric:tabular-nums}
.dl-timeline li.todo .dl-when{color:var(--muted)}
.dl-timeline a{display:table;margin-top:6px;font-size:15px;color:var(--link)}
.dl-filings{list-style:none;margin:0;padding:0;border-top:1px solid var(--line)}
.dl-filings li{display:grid;grid-template-columns:minmax(0,10em) minmax(0,1fr);gap:4px 16px;padding:14px 0;border-bottom:1px solid var(--line);font-size:15.5px}
.dl-filings time{color:var(--muted);font-variant-numeric:tabular-nums}
.dl-filings a{color:var(--link)}
.dl-missing{grid-column:1/-1;color:var(--body);font-size:18px;max-width:36em}
@media (max-width:860px){
  .dl-body{grid-template-columns:minmax(0,1fr);gap:48px;padding-top:48px}
  .dl-facts{gap:16px 28px}
  .dl-facts dd{font-size:19px}
}
@media (max-width:480px){.dl-filings li{grid-template-columns:minmax(0,1fr)}}
.dl-timeline li.na .dl-dot{border-style:dashed}
.dl-timeline li.na .dl-step,.dl-timeline li.na .dl-when{color:var(--muted);font-weight:400}
.dl-detail{margin-top:4px;font-size:15.5px;color:var(--ink);font-variant-numeric:tabular-nums}
.dl-timeline li.now .dl-dot{background:var(--white);border-color:var(--leaf);box-shadow:inset 0 0 0 3px var(--white),inset 0 0 0 9px var(--leaf)}
.dl-timeline li.now .dl-when{color:var(--leaf-dark);font-weight:500}
.tk-cat.s-OFFER{color:var(--leaf)}
.h-offer{margin-bottom:40px}

/* ---------- Crypto strategy page ---------- */
.cr-hero .wrap{padding-bottom:56px}
.cr-hero h1{max-width:20em}
.cr-hero .tk-lede{font-size:18px}
.cr-stats{margin:36px 0 0;display:grid;grid-template-columns:repeat(7,minmax(0,1fr));gap:0;border-top:1px solid #23406A}
.cr-stats div{padding:20px 16px 4px 0}
.cr-stats dt{font-size:13.5px;color:#9DB6D8;line-height:1.35}
.cr-stats dd{margin:8px 0 0;font-size:26px;font-weight:300;color:var(--white);font-variant-numeric:tabular-nums;line-height:1.1}
.cr-stats dd.up{color:#8FDDB8;font-weight:300}
.cr-stats dd.down{color:#F2A08E;font-weight:300}
.cr-stats dd.ok{color:#8FDDB8}
.cr-stats dd.warn{color:#F5C46B}
.cr-body .wrap{padding-top:72px;padding-bottom:104px}
.cr-sec h2{font-weight:300;font-size:clamp(1.6rem,2.4vw,2rem);color:var(--link,var(--navy))}
html:lang(zh) .cr-sec h2{font-weight:400}
.cr-note{margin-top:8px;font-size:15.5px;color:var(--muted);max-width:44em}
.cr-legend{margin-top:16px;display:flex;gap:24px;font-size:15px;color:var(--body)}
.cr-legend span::before,.cr-tip span::before{content:"";display:inline-block;width:18px;height:0;margin-right:8px;vertical-align:middle;border-top:2.5px solid var(--leaf)}
.cr-legend .k-paper::before,.cr-tip .k-paper::before{border-top:2px dashed #8796AC}
.cr-chart{position:relative;margin-top:12px;min-height:220px}
.cr-svg{width:100%;height:auto;overflow:visible;font-family:var(--sans)}
.cr-grid{stroke:var(--line);stroke-width:1}
.cr-tick{fill:var(--muted);font-size:12.5px;font-variant-numeric:tabular-nums}
.cr-line-live{fill:none;stroke:var(--leaf);stroke-width:2.5;stroke-linejoin:round;stroke-linecap:round}
.cr-line-paper{fill:none;stroke:#8796AC;stroke-width:2;stroke-dasharray:5 4;stroke-linejoin:round}
.cr-guide{stroke:#9AA9BD;stroke-width:1}
.cr-dot-live{fill:var(--leaf);stroke:var(--white);stroke-width:2}
.cr-dot-paper{fill:#8796AC;stroke:var(--white);stroke-width:2}
.cr-tip{position:absolute;top:4px;transform:translateX(-50%);background:var(--navy);color:var(--white);border-radius:4px;padding:8px 12px;font-size:13.5px;line-height:1.5;display:flex;flex-direction:column;pointer-events:none;white-space:nowrap;font-variant-numeric:tabular-nums}
.cr-tip[hidden]{display:none}
.cr-tip strong{font-weight:500}
.cr-tip .k-paper::before{border-top-color:#B9C4D4}
.cr-empty{color:var(--muted);font-size:16px;padding:16px 0}
.cr-split{margin-top:80px;display:grid;grid-template-columns:minmax(0,5fr) minmax(0,7fr);gap:64px;align-items:start}
.cr-hold{list-style:none;margin:20px 0 0;padding:0;border-top:1px solid var(--line)}
.cr-hold li{display:grid;grid-template-columns:7.5em minmax(0,1fr) 4.2em;gap:14px;align-items:center;padding:9px 0;border-bottom:1px solid var(--line);font-size:15.5px}
.cr-hold li.is-cash{margin-top:10px;border-top:1px solid var(--line)}
.cr-asset{font-weight:500;color:var(--ink);font-variant-numeric:tabular-nums;white-space:nowrap}
.cr-bar{height:8px;background:var(--paper);border-radius:2px;overflow:hidden}
.cr-bar span{display:block;height:100%;background:var(--leaf)}
.cr-hold li.is-cash .cr-bar span{background:#B7C2D1}
.cr-w{text-align:right;color:var(--body);font-variant-numeric:tabular-nums}
.cr-uni-h{margin-top:28px;font-size:14px;color:var(--muted)}
.cr-uni{margin-top:4px;font-size:15px;color:var(--body);line-height:1.7}
.cr-table-wrap{margin-top:20px;overflow-x:auto;-webkit-overflow-scrolling:touch}
.cr-trades{width:100%;border-collapse:collapse;font-size:15px;font-variant-numeric:tabular-nums}
.cr-trades th{text-align:left;font-weight:500;color:var(--muted);font-size:13.5px;padding:10px 12px 10px 0;border-bottom:1px solid var(--navy);white-space:nowrap}
.cr-trades td{padding:10px 12px 10px 0;border-bottom:1px solid var(--line);white-space:nowrap;color:var(--body)}
.cr-trades .num{text-align:right}
.cr-trades th:last-child,.cr-trades td:last-child{padding-right:0}
.cr-trades .cr-tk{font-weight:500;color:var(--ink)}
.cr-more{margin-top:16px;min-height:42px;padding:0 18px;border:1px solid var(--navy);border-radius:4px;background:var(--white);color:var(--navy);font:inherit;font-size:15px;cursor:pointer}
.cr-more:hover{background:var(--paper)}
.cr-how{margin-top:96px;padding-top:56px;border-top:1px solid var(--line)}
.cr-prose{max-width:46em;margin-top:8px;color:var(--body)}
.cr-prose h3{margin-top:24px;font-family:var(--sans);font-size:21px;font-weight:500;color:var(--ink)}
.cr-prose h4{margin-top:32px;font-family:var(--sans);font-size:18px;font-weight:600;color:var(--navy)}
.cr-prose p{margin-top:12px}
.cr-prose ul{margin:12px 0 0;padding-left:1.2em}
.cr-prose li{margin-top:8px}
.cr-prose strong{color:var(--ink);font-weight:600}
footer .cr-disc{color:#DCE3EC}
@media (max-width:1000px){
  .cr-stats{grid-template-columns:repeat(4,minmax(0,1fr))}
  .cr-split{grid-template-columns:minmax(0,1fr);gap:72px}
}
@media (max-width:560px){
  .cr-stats{grid-template-columns:repeat(2,minmax(0,1fr))}
  .cr-stats dd{font-size:23px}
  .cr-body .wrap{padding-top:48px;padding-bottom:72px}
  .cr-hold li{grid-template-columns:6.5em minmax(0,1fr) 3.8em;gap:10px}
}
.cr-hold li.cr-empty{display:block}
.cr-line-btc{fill:none;stroke:#C98A1B;stroke-width:1.8;stroke-linejoin:round}
.cr-dot-btc{fill:#C98A1B;stroke:var(--white);stroke-width:2}
.cr-legend .k-btc::before,.cr-tip .k-btc::before{border-top:2px solid #C98A1B}
.cr-legend{flex-wrap:wrap;gap:8px 24px}
.cr-stats{grid-template-columns:repeat(8,minmax(0,1fr))}
@media (max-width:1000px){.cr-stats{grid-template-columns:repeat(4,minmax(0,1fr))}}
@media (max-width:560px){.cr-stats{grid-template-columns:repeat(2,minmax(0,1fr))}}
.cr-line-eth{fill:none;stroke:#6A5ACD;stroke-width:1.8;stroke-linejoin:round}
.cr-dot-eth{fill:#6A5ACD;stroke:var(--white);stroke-width:2}
.cr-legend .k-eth::before,.cr-tip .k-eth::before{border-top:2px solid #6A5ACD}
.cr-tip .k-eth::before{border-top-color:#A99BF0}
.cr-stats{grid-template-columns:repeat(9,minmax(0,1fr))}
@media (max-width:1180px){.cr-stats{grid-template-columns:repeat(5,minmax(0,1fr))}}
@media (max-width:760px){.cr-stats{grid-template-columns:repeat(3,minmax(0,1fr))}}
@media (max-width:560px){.cr-stats{grid-template-columns:repeat(2,minmax(0,1fr))}}