Markets

  • Rocket Lab Achieves Record Turnaround at Launch Complex 1, Successfully Deploys 68th Electron Mission

    Rocket Lab successfully launched its 68th Electron rocket mission, deploying a satellite for a commercial customer. The “Symphony In The Stars” launch, from New Zealand, set a company record for rapid turnaround. This mission is the first of two for the customer, demonstrating Electron’s reliability and Rocket Lab’s commitment to consistent space access. This is the tenth successful Electron mission of the year, solidifying its position as leader in small satellite launches.

    2025年6月28日
  • Without Me, GREE Would Have Collapsed! Dong Mingzhu’s Health+ Home Initiative Thrives: 656 Locations Open, 3,000 More Planned for This Year

    Gree Electric’s “Dong Mingzhu Health Home” is rapidly expanding, with a new store opening in Shijiazhuang, bringing the total to 656, aiming for 3,000 by 2025. This growth underscores Chairwoman Dong Mingzhu’s influence, leveraging her brand recognition for direct consumer engagement. She highlighted her past contributions, emphasizing her role in leading Gree’s significant revenue growth and shareholder value creation.

    2025年6月28日
  • Didi & Atour Integrate Memberships: 15% Off Stays, Complimentary Upgrades

    Didi Chuxing and Atour Group have partnered to integrate their membership programs. Members will enjoy reciprocal benefits, including access to over ten cross-platform advantages based on their existing tiers. Didi’s high-level Mileage Club members can gain Atour Platinum status and receive perks like room discounts and other benefits, while Atour members also receive corresponding advantages within Didi services.

    2025年6月28日
  • The Gym Shutdowns: Why Did Meituan Take on This Mess?

    Fitness studio closures and pre-paid service scams erode consumer trust. The article highlights systemic fraud in the fitness industry and similar sectors. Government regulations and Meituan’s “Worry-Free Life” program aim to protect consumers through compensation, service guarantees, and AI-driven risk detection. Meituan’s initiative promotes standardization and online transformation in service retail, fostering a shift towards more ethical and sustainable business practices.

    2025年6月28日
  • Reselling Frenzy: Xiaomi YU7 Spurs Scalping on Secondhand Platforms

    Xiaomi’s new YU7 EV has generated a secondary market surge, with pre-order slots trading at a premium. Long delivery times, up to 56 weeks for standard models, fuel speculation and urgency. The scarcity, coupled with hype, allows early buyers to resell slots at significant markups. While unofficial transactions flourish, official timelines are only provided to confirmed order holders, creating uncertainty for potential buyers. The YU7’s success highlights the competitive EV market and the demand for quick access to desirable models.

    2025年6月27日
  • S&P Global Adjusts Ecopetrol’s Credit Rating, Affirms Stand-Alone Profile

    S&P Global Ratings downgraded Ecopetrol’s global credit rating to BB from BB+, mirroring Colombia’s sovereign rating cut. The outlook remains negative. Despite the downgrade, Ecopetrol’s Stand-Alone Credit Profile was affirmed at bb+. S&P cited Ecopetrol’s importance to national revenue and its role in the nation’s energy transition. The agency expects a leverage ratio between 2.0x and 2.5x and a 40% EBITDA margin. Ecopetrol’s 2040 strategy focusing on growth and diversification was also highlighted.

    2025年6月27日
  • OpenAI Dumps Nvidia, Switches to Google Chips for First Time Ever

    OpenAI is diversifying its AI infrastructure by utilizing Google’s TPUs alongside NVIDIA GPUs, as part of its drive for computational power, including for ChatGPT. This move, motivated by cost management and infrastructure diversification, could boost the profile of Google’s TPUs as an alternative to NVIDIA’s GPUs. The partnership, however, shows competitive dynamics, with Google limiting access to its most powerful TPUs.

    2025年6月27日
  • Xiaomi’s Rising Popularity Amplifies Scrutiny: Lei Jun on Navigating the Era of Virality

    Xiaomi faces increased scrutiny after entering the automotive market, amplified by rapid growth and social media’s influence. CEO Lei Jun emphasizes meticulous communication and staying true to core values to navigate the “attention economy.” He stresses the importance of careful public statements and adapting to industry expectations despite being a newcomer.

    2025年6月27日
  • China’s Football Team Sees 14 Head Coaches in 2023, Sparking Debate: Can They Finally Take Flight?

    Branko Ivankovic has been dismissed as head coach of the Chinese men’s national football team after failing to qualify for the 2026 World Cup final qualifying round. This decision, the CFA cited the automatic termination of his contract, due to the team’s poor performance. His brief tenure, with a win rate below 30%, further highlights the program’s instability, which has seen 14 managerial changes in 23 years, reflecting the ongoing struggles of Chinese football.

    2025年6月27日
  • Reyna Silver Closes Concurrent Financing

    Reyna Silver Corp. completed a $1.1 million non-brokered private placement, linked to Torex Gold Resources Inc.’s acquisition of Reyna. The placement, priced at $0.095 per unit, includes warrants exercisable at $0.13. Proceeds will fund option agreement payments and exploration in Nevada. Completion is contingent on TSXV approval, with securities subject to a four-month hold period. Reyna Silver focuses on high-grade silver deposits in North America, including projects in Nevada and Mexico.

    2025年6月27日