Markets

JD Logistics is expanding its premium courier service, Jingzunda, to Tianjin, Chongqing, and Suzhou. The service focuses on high-value goods, including luxury fashion and gifts, offering professional handling, custom packaging, and scheduled deliveries. This expansion aims to capture a larger premium delivery market share, building on Jingzunda’s success during peak gifting seasons.

SharpLink Gaming expanded its Ethereum holdings by acquiring 9,468 ETH, bringing its total to nearly 200,000 ETH. The company funded this through its ATM facility and plans further Ethereum accumulation, viewing it as a foundational currency for digital commerce. SharpLink also appointed Elevate IR as its investor relations agency to communicate its evolving strategy.

China’s Cyberspace Administration launched a nationwide campaign to combat online trolls (“black mouths”) who spread malicious falsehoods about businesses. In a recent example, Hefei police arrested a man for allegedly fabricating reports claiming Visionox Technology’s displays were “blind screens,” aiming to damage the company’s reputation and product quality. Authorities emphasize that online defamation is illegal and will incur severe penalties.

Xiaomi Chairman Lei Jun congratulated Great Wall Motor on its 35th anniversary, praising its future prospects. Great Wall Motor’s Chairman Jack Wey shared gratitude for support and announced upcoming strategic reveals, including a new platform and a five-year development plan. The strong personal bond between Wey and Lei Jun was evident, with Lei Jun having previously endorsed Great Wall Motor’s models.

IREN Limited has appointed Anthony Lewis as its new Chief Capital Officer to bolster its capital markets strategy and fuel aggressive growth in the AI infrastructure sector. Lewis brings over two decades of financial markets experience, including a significant tenure at Macquarie Group, to shape IREN’s capital structure and financing initiatives.

Corporate tax filings ending May show robust growth for key economic sectors. Digital economy, high-tech, and robotics industries saw a 7.1% rise in operating revenue and a 5.2% profit surge. Leading tech companies experienced an 11.9% revenue and 19.7% profit increase. The high-tech sector, particularly aerospace and scientific research, also reported significant gains. Robotics, specialized for challenging environments, led sector growth.

The HarmonyOS Security and Privacy Evolution forum at HDC 2025 highlighted advancements in StarShield Security 2.0, focusing on API governance, AI security, passwordless authentication, financial security, and sensitive data protection. Discussions with partners showcased practical applications of these features, emphasizing HarmonyOS’s commitment to a secure and trustworthy ecosystem.

The European Commission has granted marketing authorization for Oczyesa®, the first once-monthly subcutaneous octreotide for acromegaly maintenance treatment. This formulation offers convenient self-administration via a pre-filled autoinjector pen. Clinical trials showed Oczyesa® achieves effective disease control, improves symptoms, and enhances quality of life for acromegaly patients.

Triple-laser projectors offer impressive brightness and color, but can cause eye strain, dizziness, and blurred vision due to “speckle” and “chromatic aberration.” These artifacts arise from laser coherence and monochromaticity, affecting viewers, especially those who are myopic. ALPD laser technology, in contrast, uses a process that eliminates speckle and chromatic aberration, providing a more comfortable and healthier viewing experience without compromising image quality.

A social media post sparked debate over the Xinhua Dictionary’s example sentence for “burden,” which reads: “The child is young and has become a burden.” Veteran commentator Hu Xijin agreed the example is inappropriate and should be changed, but cautioned against extreme interpretations like “open hostility towards children,” urging against hyperbole and a harsh social atmosphere.