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Pop Mart's annual revenue may exceed RMB 30 bn: Mini LABUBU launches this week Pop Mart convened its interim results conference today, where founder Wang Ning announced the group's strongest-ever financial performance and projected annual revenue to exceed RMB 30 billion. During the event, Wang unveiled the miniaturized LABUBU series set for release this week, indicating plans to expand this iconic IP into more diverse usage scenarios: "While consumers traditionally attached LABUBU to bags, starting next week they can even hang it on their phones—this represents just the beginning of our scenario expansion strategy."
China
2025.08.20 21:30
Pop Mart's annual revenue may exceed RMB 30 bn: Mini LABUBU launches this week Pop Mart's annual revenue may exceed RMB 30 bn: Mini LABUBU launches this week
Watch This | Starting at RMB 339,000! Tesla officially launches 6-seater Model Y L Tesla has introduced a new six-seater variant of its popular Model Y in China, pricing the Model Y L at RMB 339,000 - just RMB 25,500 more than its five-seat all-wheel-drive counterpart. The launch comes as the U.S. automaker seeks to maintain its edge in the world's largest electric vehicle market, where domestic rivals are rapidly expanding their premium SUV offerings.
Business
2025.08.19 18:39
Watch This | Starting at RMB 339,000! Tesla officially launches 6-seater Model Y L Watch This | Starting at RMB 339,000! Tesla officially launches 6-seater Model Y L
SoftBank invests US$2 bn in Intel: Intel's stock soars 5.6% after hours In a strategic move to bolster U.S. chip manufacturing, Japan's SoftBank Group announced a US$2 billion investment in Intel Corporation today (Aug. 19), purchasing shares at US$23 each. The deal sent Intel's stock soaring 5.66% to US$25 in after-hours trading as markets welcomed the show of confidence in the struggling chipmaker.
Business
2025.08.19 17:30
SoftBank invests US$2 bn in Intel: Intel's stock soars 5.6% after hours SoftBank invests US$2 bn in Intel: Intel's stock soars 5.6% after hours
DDN Business Insider | Mainland upgrades consumption stimulus policies: Key sectors to get subsidized interest rates Editor's note: To boost consumption and expand domestic demand, the Mainland has recently introduced several policy measures, including the Implementation Plan for the Policy of Interest Subsidy for Lending to Entities in the Service Industry and the Implementation Plan for the Fiscal Subsidy Policy for Personal Consumption Loans.
Business
2025.08.18 17:09
DDN Business Insider | Mainland upgrades consumption stimulus policies: Key sectors to get subsidized interest rates DDN Business Insider | Mainland upgrades consumption stimulus policies: Key sectors to get subsidized interest rates
Foreign media exposes US secretly embedding trackers in chips: Dell, AMD, NVIDIA involved In a covert operation to enforce export controls, the U.S. government has been embedding location-tracking devices in advanced computing chips suspected of being rerouted to China, according to a Reuters exclusive report. Two sources familiar with the program revealed that authorities are selectively monitoring shipments by hiding tracking technology - ranging from visible exterior units to thumb-sized devices concealed inside server components.
World
2025.08.14 19:05
Foreign media exposes US secretly embedding trackers in chips: Dell, AMD, NVIDIA involved Foreign media exposes US secretly embedding trackers in chips: Dell, AMD, NVIDIA involved
Pop Mart's annual revenue may exceed RMB 30 bn: Mini LABUBU launches this week Pop Mart's annual revenue may exceed RMB 30 bn: Mini LABUBU launches this week
Pop Mart's annual revenue may exceed RMB 30 bn: Mini LABUBU launches this week Pop Mart convened its interim results conference today, where founder Wang Ning announced the group's strongest-ever financial performance and projected annual revenue to exceed RMB 30 billion. During the event, Wang unveiled the miniaturized LABUBU series set for release this week, indicating plans to expand this iconic IP into more diverse usage scenarios: "While consumers traditionally attached LABUBU to bags, starting next week they can even hang it on their phones—this represents just the beginning of our scenario expansion strategy."
China
2025.08.20 21:30
Watch This | Starting at RMB 339,000! Tesla officially launches 6-seater Model Y L Watch This | Starting at RMB 339,000! Tesla officially launches 6-seater Model Y L
Watch This | Starting at RMB 339,000! Tesla officially launches 6-seater Model Y L Tesla has introduced a new six-seater variant of its popular Model Y in China, pricing the Model Y L at RMB 339,000 - just RMB 25,500 more than its five-seat all-wheel-drive counterpart. The launch comes as the U.S. automaker seeks to maintain its edge in the world's largest electric vehicle market, where domestic rivals are rapidly expanding their premium SUV offerings.
Business
2025.08.19 18:39
SoftBank invests US$2 bn in Intel: Intel's stock soars 5.6% after hours SoftBank invests US$2 bn in Intel: Intel's stock soars 5.6% after hours
SoftBank invests US$2 bn in Intel: Intel's stock soars 5.6% after hours In a strategic move to bolster U.S. chip manufacturing, Japan's SoftBank Group announced a US$2 billion investment in Intel Corporation today (Aug. 19), purchasing shares at US$23 each. The deal sent Intel's stock soaring 5.66% to US$25 in after-hours trading as markets welcomed the show of confidence in the struggling chipmaker.
Business
2025.08.19 17:30
DDN Business Insider | Mainland upgrades consumption stimulus policies: Key sectors to get subsidized interest rates DDN Business Insider | Mainland upgrades consumption stimulus policies: Key sectors to get subsidized interest rates
DDN Business Insider | Mainland upgrades consumption stimulus policies: Key sectors to get subsidized interest rates Editor's note: To boost consumption and expand domestic demand, the Mainland has recently introduced several policy measures, including the Implementation Plan for the Policy of Interest Subsidy for Lending to Entities in the Service Industry and the Implementation Plan for the Fiscal Subsidy Policy for Personal Consumption Loans.
Business
2025.08.18 17:09
Foreign media exposes US secretly embedding trackers in chips: Dell, AMD, NVIDIA involved Foreign media exposes US secretly embedding trackers in chips: Dell, AMD, NVIDIA involved
Foreign media exposes US secretly embedding trackers in chips: Dell, AMD, NVIDIA involved In a covert operation to enforce export controls, the U.S. government has been embedding location-tracking devices in advanced computing chips suspected of being rerouted to China, according to a Reuters exclusive report. Two sources familiar with the program revealed that authorities are selectively monitoring shipments by hiding tracking technology - ranging from visible exterior units to thumb-sized devices concealed inside server components.
World
2025.08.14 19:05
JD and Kai Bo to hold press conference on Saturday: Expected acquisition announcement JD and Kai Bo to hold press conference on Saturday: Expected acquisition announcement
JD and Kai Bo to hold press conference on Saturday: Expected acquisition announcement JD, following last month's rumored acquisition of Hong Kong-based Kai Bo Food Supermarket, has officially announced a press conference this Saturday (August 16) to elaborate on the partnership. Key attendees will include Chai Yan, head of JD's Innovative Retail Supply Chain Operations, and Lam Hiu-ngai, founder and general manager of Kai Bo.
Hong Kong
2025.08.12 19:40
DDN Business Insider | New regulations take effect in August: How should enterprises respond to ESG test in line with international standards? DDN Business Insider | New regulations take effect in August: How should enterprises respond to ESG test in line with international standards?
DDN Business Insider | New regulations take effect in August: How should enterprises respond to ESG test in line with international standards? The Hong Kong Sustainable Disclosure Standards, based on ISSB guidelines, officially took effect on August 1. What profound implications will this new regulation bring to the ESG field in Hong Kong? How will companies respond? Today, we invite Dr. Shi Han, senior research fellow at HKU Center on Contemporary China and the World (CCCW)and the founding director of the ESG Center at HKU ICB (Institute for China Business), to explore the forefront issues in the global sustainable development field together.
Video
2025.08.12 18:00
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