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when the listing is in progress

alibaba

36kr learned that alibaba announced that it has officially completed its dual primary listing in hong kong and has become a company with dual primary listings on the hong kong stock exchange and the new york stock exchange. from the date when the dual primary listing takes effect, alibaba's secondary listing status on the hong kong stock exchange has officially changed to a primary listing status. after the dual primary listing officially takes effect, alibaba can continuously convert between its common shares listed on the hong kong stock exchange and its american depositary shares listed on the new york stock exchange. research reports from goldman sachs and other institutions pointed out that after completing the dual primary listing in hong kong, alibaba is expected to be included in the hong kong stock connect, which can expand the investor base, improve the liquidity of the company's hong kong stocks, and provide investors with greater flexibility to continue to hold and trade alibaba shares in the open market.

top3 big news

yuhuixingxing sold 700 million in 30 days

yuhuixingxing has been operating independently for a full month. according to a third-party data platform, in the one month of independent operation, the number of fans of yuhuixingxing account increased by more than 1.3 million, and now it has exceeded 23 million. the number of fans of dong yuhui's personal account increased by more than 500,000, and now it is close to 27 million. from july 25 to august 25, yuhuixingxing's sales in 30 days were about 700 million yuan. during these 30 days, dong yuhui did not always participate in the live broadcast room to sell goods, but instead recorded some programs. in the days without dong yuhui's "support", yuhuixingxing's sales performance was also quite stable. (southern metropolis daily)

apple lays off about 100 employees in apple books and other teams

according to people familiar with the matter, apple took a rare move and cut about 100 jobs in its service department on august 27 local time. the largest number of layoffs were in the team responsible for the apple books application and the apple bookstore. the team operating apple news was also laid off. (jiemian news)

haitong securities vice president jiang chengjun was deported

recently, with the overall coordination of the international pursuit and recovery office of the central anti-corruption coordination group and the assistance of the ministry of public security and other departments, and through close cooperation between the shanghai supervision bureau, the public security bureau and the law enforcement agencies of relevant countries, jiang chengjun, the former deputy general manager and chairman of the investment banking committee of haitong securities, a fugitive duty-related crime suspect, was arrested overseas and repatriated. (cctv news)

big companies/big events

douyin's new rules severely crack down on "fake exposure of corruption for real profit", prohibit illegal use of the platform to make improper profits

36kr learned that in response to the behavior of a few accounts trying to make improper profits by publishing false information and taking advantage of hot topics, the official account of douyin recently released the latest regulations to govern the words and deeds of "illegal profiteering". the "new regulations" clearly stated that the overall behavior involving improper profiteering using "false identities", "false content", "false marketing" and "false traffic" will be strictly dealt with, including: accounts shall not use hot events to imitate, improperly associate parties and brands involved, and improperly profit from attracting attention. the "new regulations" have recently started trial operation and will be officially implemented on october 1, 2024.

hebei academy of fine arts involved in huge private lending

the hebei academy of fine arts confirmed to the economic observer that since may 2024, due to its involvement in private lending, the xinle city people's court of hebei province has issued multiple execution orders to the hebei academy of fine arts. after preliminary calculations, the total execution amount is expected to be around 360 million yuan. (economic observer)

commercial loans "collide" with provident funds, guangzhou mortgage interest rates drop to as low as 2.89%

data from a third-party platform shows that the first and second mortgage rates of guangzhou china resources bank have both exceeded 2.9%, reaching 2.89%, which has once again set a new record in guangzhou in recent years. it is worth noting that, at present, the housing provident fund interest rate for the first home with a term of more than 5 years is 2.85%, which is equivalent to the commercial bank loan interest rate "colliding" with the housing provident fund interest rate. (yicai global)

fliggy: outbound self-guided travel accounts for more than 80% of summer vacations, and domestic car rentals increased by 60% year-on-year

36kr learned that on august 28, fliggy released the "2024 summer travel express". data shows that the per capita booking volume of high-star hotels, route tours, car rentals and self-driving services has increased significantly. among them, domestic route tour bookings have increased by double digits compared with last summer, and domestic car rental bookings have increased by more than 60%. in terms of outbound travel, this year's summer free travel accounts for more than 80%, the transaction volume of international cruise products has increased by more than 20 times year-on-year, and the transaction volume of international car rental products has increased by more than 5 times. fliggy announced that as of now, the "summer hard-core guarantee" series of service measures have escorted nearly 1 million consumers to travel.

police report that sydney was accused of drug use: human biological samples of the three parties were tested, and the results were all negative

shangcheng police reported the case of xue li being accused of taking drugs: recently, our bureau received reports from huang (female) and zhu (female), and combined with the online claims of drug use and defamation, we immediately launched an investigation. human biological samples of zhu, ni (female), and wu (male), the three parties reported by huang for drug use, were tested, and the results were all negative. after further investigation, it was found that zhu and others' drug use was fabricated by wu and then told huang. huang called the police after hearing the story, and posted multiple false information on weibo without verification, which triggered heated discussions on the internet. our bureau has now summoned wu and huang for investigation in accordance with the law. at present, the case is being further processed. the internet is not a lawless place. the public security organs will severely crack down on illegal and criminal acts such as spreading rumors in accordance with the law. at the same time, we call on the majority of netizens to remain rational and jointly maintain a clear cyberspace. (sina news)

nearly half of sydney's businesses remain open

36kr learned that a blogger recently broke the news that wang sicong's ex-girlfriend xue li took drugs and interfered with other people's marriages. xue li responded by denying taking drugs. aiqicha app shows that xue li (real name zhu chenhui) is associated with more than 10 companies, covering finance, technology, e-commerce and other fields, nearly half of which are in operation. xue li served as chairman, executive director and other positions in the above companies, and held shares in more than 10 of them.

it is worth mentioning that previously, the companies involved in tax evasion under xue li’s name, shanghai douzima marketing planning center and shanghai huangsang marketing planning center, were cancelled in 2021, and yichun yiyang new district douzima marketing service center and yichun yiyang new district huangsang marketing service center were also cancelled this year.

didi's 300-person team joins, siwei zhilian plans to go public independently after receiving capital increase

after navinfo announced that it and didi would jointly increase investment in navinfo, people familiar with the matter revealed that the original 300-person team of didi's smart transportation sector joined navinfo, mainly responsible for the research and development of technologies such as smart cockpits. in response, cheng peng, director and general manager of navinfo, said that in addition to the capital injection from navinfo listed company to navinfo, didi also injected automotive intelligent assets, teams and cash. according to exclusive information from reporters, navinfo has plans to go public independently in the future, but it still depends on the situation of the capital market. "the new order business performance of navinfo is not bad." an insider said. (yicai global)

byd executive vice president li ke: overseas sales will account for nearly half of total sales in the future

according to reports, byd executive vice president li ke said in an interview at the company's shenzhen headquarters on august 26 that overseas markets will account for a large proportion of global sales in the future, and "nearly half of sales" will come from overseas. byd's overseas sales this year are expected to reach 500,000 vehicles, reaching 270,000 vehicles in the first seven months, accounting for about 14% of its total sales. (jiemian news)

cai xiliang is appointed as party secretary of china life insurance (group) company

36kr learned that relevant responsible persons from the organization department of the central committee attended the cadre meeting of china life insurance (group) company and announced the central decision: cai xiliang was appointed as the party secretary of china life insurance (group) company and bai tao was removed from the position of party secretary of china life insurance (group) company.

the three major u.s. stock indexes closed down collectively, and large technology stocks fell across the board

36kr learned that at the close of august 28, the three major u.s. stock indexes fell collectively, with the dow jones industrial average down 0.39%, the nasdaq down 1.12%, and the s&p 500 down 0.6%. large technology stocks fell across the board, with amd down nearly 20%, nvidia down more than 2%, tesla, google, amazon, and netflix down more than 1%; berkshire hathaway's market value exceeded $1 trillion for the first time, with a cumulative increase of 30% so far this year, making it the seventh u.s. listed company with a total market value of more than $1 trillion. popular chinese stocks fell collectively, with ideal auto down more than 16%, xpeng motors down 9%, nio and pinduoduo down more than 7%, manbang down more than 6%, bilibili and tencent music down more than 5%, iqiyi, netease, and weibo down more than 3%, baidu and alibaba down more than 2%, and jd.com down more than 1%.

hsbc's incoming ceo may consider cutting middle management

hsbc holdings' incoming chief executive, georges elhedery, is reportedly considering plans to reduce middle management levels, following the practices of rivals such as citigroup and standard chartered. people familiar with the matter revealed that as part of the discussion, hsbc holdings may cut the number of country heads around the world. (jiemian news)

shanxi fenjiu responds to stock price approaching limit down: stock price is affected by many factors, the company is operating normally according to the established target of 20% at the beginning of the year

shanxi fenjiu continued to fall after opening on august 28, and was close to the limit at noon. regarding the sharp drop in stock price, people from the securities affairs department of shanxi fenjiu said that the rise and fall of the company's stock price was affected by many factors. the company's current operations are normal and are operating according to the established target of 20% at the beginning of the year. the growth of various product series is also relatively stable, and the growth rate of mid-range products is relatively fast. (the paper)

hyundai motor plans to achieve annual sales of 5.55 million vehicles by 2030, including 2 million electric vehicles

hyundai motor co., south korea's largest automaker, said on wednesday that it plans to achieve annual sales of 5.55 million vehicles by 2030. to this end, the company plans to expand production facilities at its global operating bases and increase production capacity by 1 million vehicles. an important focus of the new strategy is electric vehicles. hyundai motor aims to sell 2 million electric vehicles by 2030, accounting for about 36% of its total vehicle sales. among them, it plans to sell 690,000 vehicles in north america and 467,000 vehicles in europe. (sina finance)

walmart recalls more than 9,500 boxes of apple juice due to excessive levels of inorganic arsenic

walmart supermarkets in the united states have reportedly recalled more than 9,500 boxes of apple juice that were currently on sale due to excessive levels of inorganic arsenic. currently, there have been no reports of complaints or illnesses related to the product. it is understood that long-term intake of inorganic arsenic may cause developmental problems in infants and may also pose a certain risk of cancer. (cctv finance)

south korea's birth rate in 2023 will drop by 19,200 to 230,000, a record low

according to yonhap news agency, statistics released by the korea national statistical office on august 28 showed that the number of newborns in 2023 decreased by 19,200 year-on-year to 230,000, the lowest since statistics began in 1970. compared with the previous year, the number of first births decreased by 6,600, a decrease of 4.6%; the number of second births decreased by 9,600, a decrease of 11.4%. the number of births out of wedlock was 10,900, an increase of 1,100 year-on-year, accounting for 4.7% of the total birth population, the highest since relevant statistics began in 1981. among the total newborns, multiple births such as twins and triplets accounted for 5.5%. (jiemian news)

in order to promote the birth of south korea, 100 filipino maids were introduced

in order to improve the fertility rate that has fallen to the bottom, the south korean government has introduced 100 filipino maids. this is the first large-scale pilot project to introduce filipino maids in south korea. if all goes well, south korea hopes to introduce about 1,200 more filipino maids by the middle of next year. as for the treatment of filipino maids, it will be settled according to the south korean minimum wage standard. if they work 8 hours a day, the monthly salary will reach about 2.38 million won (about 13,000 yuan), which is nearly 3 times higher than the minimum monthly salary for foreign domestic workers stipulated in hong kong, china (4,870 hong kong dollars, about 4,448 yuan). (times weekly)

large company financial reports

meituan: the number of annual active users and merchants in the second quarter hit a new record high, and the number of instant delivery orders reached 6.2 billion

36kr learned that meituan released its second quarter financial report for 2024. the financial report shows that meituan's adjusted net profit for the quarter was 13.6 billion yuan, a year-on-year increase of 77.6%, and the market expected an adjusted net profit of 10.343 billion yuan. this quarter, meituan's group purchase expanded to more product and service categories, and the gtv and order volume of leisure and entertainment products achieved year-on-year double growth; meituan's flash purchase cooperated with more retail physical brands such as fast-moving consumer goods, clothing, alcohol and beverages, and the annual number of transaction users and the average annual transaction frequency once again achieved steady growth. this quarter, meituan's annual number of active users and merchants hit a new record high, and the number of instant delivery orders reached 6.2 billion.

ideal auto: net profit in the second quarter was 1.1 billion yuan, down 52.3% year-on-year

36kr learned that ideal auto released its second quarter financial report for 2024. the financial report shows that ideal auto's net profit for the quarter was 1.1 billion yuan, a year-on-year decline of 52.3%, and the market expected a net profit of 1.061 billion yuan. it is expected that the delivery volume in the third quarter will be 145,000 to 155,000 vehicles, an increase of 38% to 47.5% from the third quarter of 2023.

haidilao: revenue in the first half of the year was 21.491 billion yuan, a year-on-year increase of 13.8%

36kr learned that haidilao announced on the hong kong stock exchange that it achieved operating income of 21.491 billion yuan in the first half of the year, a year-on-year increase of 13.8%; core operating profit reached 2.799 billion yuan, a year-on-year increase of 13%, and both revenue and core operating profit hit a record high; the company's owners' attributable profit was 2.038 billion yuan, a year-on-year decrease of 9.74%. as of june 30, 2024, haidilao operates a total of 1,343 restaurants in greater china; the total number of customers received by all restaurants in greater china in the first half of the year exceeded 200 million, and the turnover rate reached 4.2 times/day, close to 4.8 times/day in 2019.

lao baigan liquor: net profit of 304 million yuan in the first half of the year, a year-on-year increase of 40.25%

36kr learned that lao baigan liquor released an announcement stating that it would achieve operating income of 2.47 billion yuan in the first half of 2024, a year-on-year increase of 10.65%; net profit of 304 million yuan, a year-on-year increase of 40.25%; basic earnings per share of 0.33 yuan. during the reporting period, the company's sales revenue of high-end and mid-range liquors increased.

hansoh pharmaceuticals: net profit in the first half of the year was approximately rmb 2.726 billion, an increase of approximately 111.5% year-on-year

36kr learned that hansoh pharmaceutical released its 2024 interim performance report, which showed that the company achieved operating income of approximately 6.506 billion yuan, a year-on-year increase of approximately 44.2%; net profit of approximately 2.726 billion yuan, a year-on-year increase of approximately 111.5%. during the reporting period, the revenue of innovative drugs and cooperative products was approximately 5.032 billion yuan, a year-on-year increase of approximately 80.6%, accounting for 77.4% of revenue; r&d expenses were approximately 1.196 billion yuan, a year-on-year increase of approximately 28.7%, accounting for approximately 18.4% of revenue.

boe a: net profit in the first half of the year was 2.284 billion yuan, a year-on-year increase of 210.41%

36kr learned that boe a issued an announcement stating that its operating income in the first half of the year was 93.386 billion yuan, a year-on-year increase of 16.47%; its net profit was 2.284 billion yuan, a year-on-year increase of 210.41%; and its basic earnings per share was 0.06 yuan.

investment and financing

openai is reportedly close to completing a new round of financing, with a valuation expected to exceed $100 billion

according to multiple media reports on august 28, people familiar with the matter revealed that openai is close to completing a new round of financing led by thrive capital, and its valuation is expected to exceed us$100 billion.

it is reported that thrive will invest about $1 billion in this round of financing. people familiar with the matter said that openai chief financial officer sarah friar told employees in a memo on the 28th local time that the company is seeking new funds, but did not disclose details. (jiemian news)

yidiandian milk tea company reduced its capital by 15 million

36kr learned that the iqiyicha app showed that recently, yidiandian milk tea's affiliated company shenggen catering management co., ltd. had a business change, with its registered capital reduced from rmb 20 million to rmb 5 million. the company was established in august 2011, with lou gengshen as the legal representative. its business scope includes catering enterprise management, enterprise management consulting, catering services, and import and export of goods. shareholder information shows that the company is wholly owned by hongmei holding group co., ltd., which is registered in hong kong.

"zhongqing robotics" completed nearly 100 million yuan in angel round financing, and the first humanoid robot was sold for only 38,500 yuan

36kr has exclusively learned that zhongqing robotics, a manufacturer focusing on the research and development of embodied intelligent general-purpose robot products, has completed angel and angel+ rounds of financing totaling nearly 100 million yuan. the angel round was led by sensetime guoxiang capital and followed by hefei binhu jintou, and the angel+ round was led by honghui fund and followed by xunshang capital and hefei binhu jintou. it is understood that zhongqing robotics has launched its first bipedal robot product "sa01", which is priced at only 38,500 yuan.

"guangzhou moni enterprise management" successfully completed 30 million a round of financing

36kr learned that "guangzhou moni enterprise management" announced that it has successfully completed a round a financing of up to 30 million yuan. the financing was led by chuangfu investment, a well-known domestic investment institution. it is understood that the company plans to use this fund to increase its investment in technology research and development and market expansion of its brand legend baobei, while strengthening team building, attracting more outstanding talents to join, and continuously improving service quality and customer satisfaction.

cool products

penghui energy 2024 product technology conference launched a series of new battery products

on august 28, penghui energy launched a series of new battery products at its 2024 product technology conference. in terms of energy storage, it launched the polar series of low-temperature household energy storage cells and the high-power and large-capacity fengpeng battery 590ah in the power field; in terms of new battery technology, it released the first generation of solid-state battery technology and future research and development routes. at present, penghui energy's low-temperature household storage battery polar series 50ah, 72ah, and 100ah have been mass-produced and delivered. fengpeng battery 590ah is expected to be officially mass-produced in the fourth quarter of 2025. (securities times)

black myth: wukong new patch released: fix the crash issue when fsr is enabled, lower the value of demon general miaoyin

on august 28, black myth: wukong officially released the 1.0.8.14860 update announcement, which was launched on the epic platform at 4 pm on august 27. the official promised that other platforms will also be updated one after another. this update is mainly to fix bugs, and does not bring the large-scale changes that everyone expects, such as the mini-map and air wall adjustment. (western decision)

google to roll out android 15 update in october

google has confirmed that it will roll out the android 15 update for pixel devices in october. independent android platform developers are expected to receive the source code of android 15 next week for development and adaptation. including google pixel 6 series, 7 series, 8 series, 9 series and their derivatives such as pixel tablet and pixel fold, will receive the android 15 update. (yicai global)

zhifangfang releases the new universal intelligent robot "alpha bot 1s"

36kr learned that recently, at the 2024 world robot conference, zhipingfang launched its new product, the general intelligent robot "alpha bot 1s". driven by ai2r brain, alpha bot 1s is a general intelligent robot that can be used on a large scale in a variety of scenarios and will be officially delivered in the fourth quarter of this year.

arrangement｜ wu yaoyao