Markets

A dispute between Luo Yonghao and Xibei’s founder over the use of pre-prepared meals in restaurants has sparked debate in China. Luo criticized Xibei, prompting denials but also scrutiny of Xibei’s long-shelf-life ingredients. This highlights consumer demand for transparency, especially regarding food safety. Benefitting from this is Laoxiangji, praised for its open disclosure of pre-prepared meal standards via a color-coded labeling system and detailed public statements, building consumer trust and setting a new industry standard.

DigiAsia Corp. (NASDAQ: FAAS) will voluntarily delist from Nasdaq, with the last trading day expected around October 2, 2025, due to the inability to meet the Form 20-F filing deadline. This decision is driven by high listing costs and challenges in raising capital. DigiAsia received a $400 million acquisition offer from PayMate, which includes cash and a share swap. The board is reviewing strategic alternatives and plans to prioritize repaying lenders following any sale. They believe privatization best protects shareholder value.

A viral video alleging a customer urinated in a Haidilao hot pot led to public outrage and reputational damage. Two minors were detained. A court ordered them and their parents to apologize and pay approximately $319,000 USD in damages for financial losses, brand damage, cleaning, and legal fees. The *People’s Daily* emphasized responsible behavior. Experts say the ruling stresses corporate liability and reinforces guardian responsibility for minors’ actions, protecting businesses from illegal interference and building a fair business environment. It highlights crisis management, brand protection, and individual accountability in China.

Xebra Brands (CSE:XBRA) will implement a 1-for-10 share consolidation on September 19, 2025, reducing outstanding shares to approximately 8,065,442. Trading of XBRA is currently suspended due to a cease trade order (CTO) issued by the British Columbia Securities Commission on September 3, 2025. The CTO resulted from Xebra’s failure to file required financial documents. The company will retain its name and symbol; however, new CUSIP and ISIN numbers are assigned. Trading will remain halted until compliance is achieved and the BCSC lifts the CTO.

On September 12, 2025, Cameco announced a long-term agreement to supply Slovenské elektrárne (SE) of Slovakia with natural uranium hexafluoride (UF₆) from 2028 through 2036. Cameco will provide both uranium ore and conversion services for SE’s Bohunice and Mochovce nuclear facilities. The agreement secures a diversified and reliable fuel source for Slovakia, enhancing its energy security. Analysts highlight the deal’s strategic importance amidst growing demand for uranium and renewed interest in nuclear power.

A public dispute between Luo Yonghao and Jia Guolong (Xibei restaurant founder) erupted over the use of pre-prepared ingredients. Luo criticized Xibei’s alleged use of pre-prepared dishes and high prices, advocating for mandatory labeling. Jia denied the claims, launching initiatives to showcase food preparation. The debate highlights the gap between legal definitions of “pre-prepared” food and consumer expectations of freshness and transparency. Consumers, while not inherently opposed to pre-prepared meals, demand clear information, fair pricing, and chef-prepared quality when paying premium prices.

Mount Logan Capital and 180 Degree Capital completed their all-stock merger, forming Mount Logan Capital Inc. (MLCI), which will trade on NASDAQ starting September 15, 2025. The deal, valued at US$122.7 million (US$9.43/share), results in Mount Logan shareholders owning 56.4% and 180 Degree Capital shareholders owning 43.6%. MLCI plans a US$15 million tender offer and up to US$10 million in repurchases over the next 24 months. The merger aims to create a stronger asset management platform with improved NASDAQ access.

LQWD Technologies announced a non-brokered private placement to raise up to C$2 million by issuing units at C$1.50 each. Each unit includes one share and a warrant exercisable at C$2.00. Proceeds will fund Bitcoin purchases for deployment on the Lightning Network to generate yield. The placement includes participation from shareholders, directors, and management, subject to TSXV approval. Shares and warrants are subject to a four-month hold period, with a potential acceleration clause if the stock price increases.

Silver X Mining (AGXPF) increased its bought deal private placement from C$10 million to C$13 million due to strong investor demand. The offering consists of 26 million units at C$0.50 each, including a common share and a half warrant. Proceeds will fund exploration and capital expenditures at the Nueva Recuperada Silver District in Peru. Underwriters, led by Red Cloud Securities, have an option to purchase additional units to raise another C$3 million. The offering is expected to close on September 29, 2025.

A Chinese court ordered a woman to publicly apologize in two WeChat groups for posting her husband’s ID and making defamatory accusations of financial misconduct. The ruling underscores that online speech is subject to legal accountability, particularly concerning defamation and reputation damage. Chinese law protects individuals from libel, and this case highlights the applicability of this law to digital interactions given WeChat’s widespread use. The case also raises questions about social media platform responsibility in moderating content and preventing online defamation.