Markets
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H World Group to Announce Second Quarter and Interim 2025 Earnings on August 20, 2025
H World Group (HTHT) will release its Q2 and interim 2025 financial results on August 20, 2025, after Hong Kong market hours. A conference call will be held the same day at 8:00 AM U.S. Eastern time (8:00 PM Hong Kong time). Participants must pre-register. A live webcast and a replay will be available on the company’s investor relations website for twelve months. H World boasts 11,685 hotels and a diverse brand portfolio.
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Samsung Galaxy Z Fold7: Unfolding a Smarter Future for Foldable Phones
The Samsung Galaxy Z Fold7 redefines the foldable smartphone with its ultra-slim design and enhanced AI capabilities. Thinner and lighter than previous models, it boasts larger cover and main displays for improved multitasking. AI integration, informed by user data, streamlines interactions with features like Smart Drag and Drop and Real-time Window. Live Briefing provides personalized notifications, ensuring users stay informed without constant unfolding. The Z Fold7 represents a fusion of sleek design and intelligent technology.
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From Shepherd to Folk Artist: Cheng Shizhong Revitalizes Northwest China’s “Hua’er” Ballads on Kuaishou
In Xining, Cheng Shizhong is revitalizing Northwest China’s “Hua’er” folk music. He innovates performances, drawing large crowds and seeking new talent through the “Village Stage” initiative. As a Kuaishou influencer, he breaks barriers and spreads the musical heritage online. Cheng’s efforts, from outdoor live streams to talent searches, are aimed at preserving and promoting “Hua’er,” engaging youth & wider audiences, ensuring its future through community participation, talent discovery, and digital platforms.
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India Considers McDonald’s Closure in Retaliation to US, Canada Tariffs
India is resisting escalating trade tensions with the US after Washington’s tariff hike on Indian goods. Prime Minister Modi vowed to protect Indian farmers’ interests. The Ministry of External Affairs deemed the US tariffs “unfair” and pledged to protect national interests. Despite concessions already made by India, the US demands more access to India’s agricultural sector, a politically sensitive area. An opposition party member even suggested closing McDonald’s in India in response to the dispute and Trump’s claims regarding India-Pakistan relations.
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UMC’s 1.5°C Net-Zero Targets Approved by SBTi
UMC, a leading semiconductor foundry, announced that its emissions targets have been validated by the Science Based Targets initiative (SBTi), making it the first pure-play foundry to achieve this. UMC commits to net-zero emissions by 2050, with ambitious near-term (2030) and long-term (2050) reduction targets for Scope 1, 2, and 3 emissions. Key strategies include expanding renewable energy use, maximizing energy efficiency, pioneering low-carbon manufacturing, and engaging its supply chain through the Supply Chain GHG Inventory Initiative.
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Controversy Erupts Over Chinese Retailer Pang Dong Lai’s Hiring of Individuals with Criminal Records; Labor Bureau Responds
Fat Dong Lai, a Chinese retail chain, plans to hire 1,000 employees for a new store in Xinxiang, allocating 20% of positions to veterans and 2% to ex-offenders. This initiative sparked online debate, with netizens discussing the merits and drawbacks. A local HRB official stated they were unaware of specific recruitment plans and deferred responsibility for clarification to Fat Dong Lai. Yu Donglai, the company’s founder, announced the plan on social media. The move raises questions about social responsibility and reintegrating former inmates.
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OPPO Offers Employees Nearly 5,000 Sea View Apartments at Subsidized Rent
OPPO is attracting attention with its new employee perk: sea-view apartments. The “OPPO Binhai Bay Advanced Talent Housing Project” provides over 4,100 units, accommodating approximately 11,000 residents in Dongguan. These apartments, some renting for under $210 USD per month, range in size from studios to three-bedroom units and boast comprehensive amenities, including leisure facilities and educational resources. This large-scale residential venture aims to attract and retain talent in a competitive tech market.
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Transaction in Own Shares
Endeavour Mining plc (LSE:EDV, TSX:EDV) repurchased 30,000 ordinary shares on August 7, 2025, as part of its buyback program. The shares were bought at prices between 2,464.00 and 2,498.00 GBp, with a volume-weighted average price of 2,484.40 GBp. Following cancellation, Endeavour will have 241,623,368 ordinary shares issued, none held in treasury. This figure represents the total voting rights and is relevant for shareholders’ disclosure calculations under FCA rules. The buyback program was initially announced on March 20, 2025.
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Dong Mingzhu: Choosing Other Brands Over Gree is a Mistake; Our Refrigerators Keep Produce Fresh for 20 Days
Gree Electric’s Chairperson Dong Mingzhu asserted that consumers are “making a mistake” if they don’t use Gree appliances, emphasizing the energy efficiency and health benefits of their products. She specifically highlighted the refrigerators’ ability to keep produce fresh for 20 days, claiming substantial electricity bill savings. This direct marketing approach, though controversial, is a hallmark of Dong’s leadership and contributes to Gree’s brand recognition. She also addressed consumer perceptions regarding air conditioner airflow and health benefits.
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Tesla Disbands Dojo Team, Hints at Shift to Nvidia
Tesla is reportedly shutting down its Dojo project, a move indicating a shift towards external partnerships for its AI needs. Head of Dojo, Peter Bannon, is expected to leave. Tesla plans to enhance collaborations with Nvidia and AMD for computing, and deepen its partnership with Samsung in chip manufacturing, evidenced by a $16.5 billion deal. Samsung will reportedly produce Tesla’s AI6 chip, while TSMC will manufacture the AI5. Tesla also plans to diversify Dojo’s supply chain, engaging Samsung and Intel for chip manufacturing and packaging.