Markets

  • Green Rain Energy Holdings (GREH) Announces Strategic Stock Dividend Amid EV & Solar Growth

    Green Rain Energy Holdings (GREH) announced a special stock dividend of 100 shares for every 1,000 held, for shareholders of record on October 28, 2025. This strategic move aims to reward shareholders, combat manipulative trading, and increase market liquidity. The company anticipates the dividend to be tax-free for U.S. stockholders. This initiative aligns with GREH’s growth strategy in the expanding EV charging and solar infrastructure markets, capitalizing on projected global EV sales of 31 million units by 2030. No action is required from shareholders.

    1 day ago
  • Meitu’s AI Powers $400M Profit in Six Months; Founder Says Real Competition Isn’t Big Tech But Startups

    Meitu, once known for image editing, is experiencing an AI-driven resurgence, with its stock surging. The company’s first-half 2025 revenue reached RMB 1.8 billion, a 12.3% year-over-year increase, and net profit soared by 30.8% to nearly RMB 400 million, exceeding its entire 2023 earnings. CEO Wu Xinhong attributes the growth to AI-powered subscriptions and views nimble startups as the biggest threat, emphasizing the need to act fast and strategically partner to stay competitive in the rapidly evolving AI imaging market.

    1 day ago
  • Woman Almost Hit After Running Red Light on Bicycle, Asks “Can’t I Go?”

    A video on Douyin showing a woman in Jiangsu province running a red light on a bicycle and then defiantly questioning her violation has sparked widespread online debate in China. The near-collision highlights issues with traffic law enforcement and road safety awareness. Under Chinese law, cyclists must obey traffic signals, and violators are liable for damages in accidents. Authorities have reiterated the need for education and enforcement, especially with the increasing use of e-bikes in urban areas.

    1 day ago
  • Yu Donglai of Pang Donglai Discusses Employee Compensation and Business Philosophy

    A recent interview with Yu Donglai, Chairman of Pang Dong Lai, reveals the company’s emphasis on high employee compensation. Yu believes that treating employees well leads to excellent customer service and sustainable growth. In 2024-2025, entry-level salaries averaged around 9,000 yuan monthly, while management and technical staff earned significantly more, averaging 700,000 yuan annually. Yu argues this “high-wage, high-benefit” model fosters a virtuous cycle, benefiting both employees and the company’s bottom line, projecting 1.5 billion yuan in net profit.

    1 day ago
  • Viking Welcomes Newest Egypt-Bound Ship

    Viking announced the delivery of the *Viking Amun* to its Egypt fleet on August 18, 2025. The ship, accommodating 82 guests, will enhance the 12-day *Pharaohs & Pyramids* itinerary. The *Viking Amun* is similar to other Viking Nile ships, featuring Scandinavian design and an Aquavit Terrace. Viking plans to expand its Egypt fleet to 12 vessels by 2027, reflecting its commitment to Egyptian tourism. Viking also expects to take delivery of 27 additional river ships by 2028 and 10 more ocean ships by 2031.

    1 day ago
  • Driver Admits Intentional Act: Turn Signal Could Have Prevented Accident

    A dashcam video from Kaifeng, China, shows a truck driver subtly preventing a car from overtaking, averting a potential accident. The truck driver, Gao Chong, noticed oncoming traffic in the adjacent lane and acted proactively to protect the smaller vehicle. After the road cleared, Gao allowed the car to pass safely. The video went viral, sparking widespread praise on social media for Gao’s responsible driving and highlighting the importance of proactive safety measures on the road.

    1 day ago
  • Woodside Energy Announces 2025 Half-Year Results

    Woodside Energy Group’s (ASX: WDS, NYSE: WDS) half-year report, ending June 30, 2025, reveals a strong performance with a focus on value and growth. Highlights include a fully franked interim dividend of 53 US cents per share, production of 548 Mboe/d, and advancements in major projects like Scarborough (86% complete) and Trion (35% complete). Woodside made FID on the Louisiana LNG Project and sold a 40% stake in its infrastructure to Stonepeak. Net profit reached $1,316 million.

    2 days ago
  • Why Li Yongle’s Funds Underperform Despite Shanghai Stock Market’s Decade High

    Despite a rally that pushed the Shanghai Composite Index to a near decade high, many retail investors are still losing money. This is exemplified by popular online math educator Li Yongle’s recent Weibo post lamenting losses on funds purchased within the last five years. His experience has resonated with many who point out that market gains don’t guarantee profits for all investors. The situation underscores the importance of prudent investment decisions beyond simply following market trends.

    2 days ago
  • Delivery Driver Rescues Man Who Fell into River While Using Phone at 4 AM

    In Tianjin, a man battling insomnia accidentally fell into a river around 4 AM while using his phone near the riverbank. A passing delivery driver witnessed the event and immediately alerted emergency services. Firefighters swiftly arrived and rescued the man, who was reported unharmed, using ropes. The delivery driver’s quick action was crucial to the successful rescue.

    2 days ago
  • Li Bin (NIO) to Range-Extended Vehicle Owners: Your Next Car Will Be Pure Electric

    NIO CEO William Li believes range-extended electric vehicle (REEV) owners will ultimately switch to pure EVs, citing their appreciation for electric driving. This follows NIO’s completion of its battery swap network along the G318 Sichuan-Tibet route, enabling EV owners to travel the difficult route. Some REEV owners, impressed by NIO’s battery swapping convenience, have expressed intentions to order NIO vehicles. NIO now has over 8,159 charging and battery swapping stations in China, highlighting its leadership in charging infrastructure and addressing range anxiety.

    2 days ago