Markets

Unicom Online showcased its AI-powered smart home innovations at MWC Shanghai, focusing on seamless integration of technology into daily life. Key offerings include the AI-driven ZhiJia TongTong smart voice control device (learning, security, communication), YunZhi devices leveraging cloud computing, the Unicom Cloud Disk storage service, intelligent phone services, and smart home security solutions, all aimed at enhancing convenience and user experience. The company continues to demonstrate its open approach to integrating artificial intelligence, and their desire to make technology accessible to every family.

Bilibili’s 2025 “618” shopping festival saw significant growth, with advertising revenue from product sales up 41% year-over-year. The platform leveraged content creators (UP hosts), “Open Loop” strategy, and AI-powered tools to drive sales, particularly in digital and home appliance categories, boosted by government subsidies. Increased creator engagement, strategic partnerships, and AI-driven advertising optimization contributed to the festival’s success, attracting more advertisers and driving impressive results for brands like Lenovo and Autofull.

MingLue Science and Technology launched AdEff, an AI-powered platform for global advertising testing and optimization, at ESOMAR “Renewal Tour 2025” in Singapore. Built on the HyperGraph Multi-Modal Large Language Model (HMLLM), AdEff quickly predicts consumer reactions to ads, offers improvement recommendations, and aims to revolutionize marketing productivity. The platform integrates proprietary data and a mixed-expert model to provide faster, cost-effective, and more relevant content measurements, with trial use globally available starting June 19th. Continuous enhancements, including expanded content types and global expansion, are planned.

Huawei’s Harmony Intelligent Mobility director clarified the presence of Chery branding on “HUAWEI SOUND” audio system labels. This is standard practice in auto manufacturing for part identification and origin tracking, reflecting the collaboration between Huawei and Chery on Luxeed models. The dual-labeling approach helps with quality control and regulatory compliance, as Huawei (HW) supplies the audio components. Notably, the director’s Weibo account shows potential security issues.

Prime Mining Corp. announced a successful shareholder meeting with all proposals approved and directors elected. The company, focused on its Los Reyes gold-silver project in Mexico, has a strong cash balance and is on track to deliver a Preliminary Economic Assessment in Q3 2025. Shareholder engagement was high, demonstrating confidence in Prime’s future.

A SpaceX Starship prototype exploded during a pre-flight static fire test, causing significant damage and raising concerns about the project’s timeline. The incident, the fourth major explosion this year, follows previous failures including fuel leaks, engine issues, and payload deployment problems. SpaceX confirmed the explosion, stating all personnel are safe and an investigation into the root cause is underway, potentially involving pressure vessel failures.

Microsoft has developed a 4D topological quantum error-correcting code, a breakthrough promising more reliable and efficient quantum computing. This code, integrated into Azure Quantum, boasts superior error correction, encoding efficiency, and streamlined operations, reducing error rates significantly. It minimizes physical qubit requirements, making quantum computing more practical for applications in fields like medicine and materials science, and compatible with various qubit types.

Kantar, in partnership with Google, released the 2025 BrandZ Top 50 Chinese Global Brand Builders report, analyzing brand strength in 11 global markets. ByteDance led the rankings with a score of 2658, followed by Xiaomi and SHEIN. The report, surveying over 400 brands, highlights the performance and perception of Chinese brands internationally, considering export potential and overseas market trends.

Neuronetics, Inc. has granted inducement awards to a new non-executive employee. The compensation includes Performance Restricted Stock Units (PRSUs), vesting upon achieving cash flow breakeven targets, and Restricted Stock Units (RSUs), vesting over three years. These awards are part of the company’s 2020 Inducement Incentive Plan, and are subject to continued employment. Neuronetics focuses on treating neurohealth disorders with its NeuroStar Advanced Therapy, a non-invasive treatment for MDD and other conditions.

OceanaGold Corporation announced a share consolidation effective June 23, 2025, where three pre-consolidation shares will become one. This strategic move, approved by shareholders, supports a potential U.S. listing in 2026, aiming to broaden its investor base and align with exchange requirements. Post-consolidation, the company anticipates approximately 231 million shares outstanding.