Markets

Entrepreneur Luo Yonghao rebranded his Weibo account to “Luo Yonghao’s Crossroads” ahead of his podcast launch featuring Li Xiang, CEO of Li Auto. The premiere episode showcases a lengthy conversation about Li’s entrepreneurial journey. The recording session revealed their contrasting personalities, with Li Xiang doing push-ups and Luo Yonghao stretching to stay engaged during the seven-hour podcast.

Ant Group is expanding its AI healthcare presence with the AQ application, designed to combat fraudulent medical advertising, particularly targeting vulnerable elderly populations. Named by Jack Ma, AQ aims to leverage AI to eliminate deceptive healthcare practices. Users can access anti-fraud tools like AI-powered image verification and a misinformation debunking service by typing “anti-fraud” within the app. Launched on June 26th, AQ also features extensive AI-driven health education and consultation resources, representing a strategic investment in AI-driven healthcare.

Tinka Resources (TKRFF) received approval to drill its Silvia gold-copper property in Peru, 100 km south of the Antamina mine. Silvia NW target boasts three mineralized zones along a 4 km trend. Area A shows promising trench samples, including 46 meters at 1.9 g/t gold and 0.8% copper. A 1,500-meter drill program is planned for Q4 2025, pending funding. The property spans 10,906 hectares with permits for 40 drill platforms over 4 km².

A viral video shows an Indian woman mistaking the Chinese toy figure Labubu for a deity and offering it traditional worship. The incident, initially shared on TikTok and X, sparked online amusement and discussion about cultural exchange and potential misinterpretations. Commentators noted the encompassing nature of faith and the toy’s global appeal despite its obscure origins. The event highlights the importance of cultural sensitivity in an interconnected, digital world.

E-commerce veteran Li Guoqing, 60, remarried in a “Still Believing in Love” themed wedding. His new wife, Zhang Danhong, was a Peking University classmate and his long-held “unattainable ideal.” After failed courtship attempts in the ’90s, including an offer of significant assets, they separated for decades. They eventually reunited, and his remarriage follows the completion of his asset division with his ex-wife just days earlier. Li had expressed a desire to marry someone “non-commercial.”

Alkane Resources (ALKEF) updated its FY2026 production guidance, expected in September, after merging with Mandalay Resources. The company is converting mineral estimates to JORC Code. FY2025 saw Costerfield produce 38,037 oz gold and 817 tonnes antimony, and Björkdal produced 41,364 oz gold. Total revenue was US$264.9M (Costerfield: US$136.8M, Björkdal: US$128.1M). The company retracted previous mine life estimates, advising investors against relying on them.

China Mobile’s 5G-A technology enhanced the Nanjing-Yancheng football match experience across Nanjing. At the stadium, 60,000 fans enjoyed seamless HD streaming and social sharing. 5G-A covered transportation hubs, ensuring fans stayed connected en route. Scenic spots like Confucius Temple blended match viewing with cultural experiences via AR navigation. Second viewing locations and home viewing through China Mobile’s service offered immersive experiences for those not at the game, creating a city-wide football celebration.

The Samsung Galaxy Z Fold7 aims to redefine mobile productivity with its thinnest, lightest, and most powerful foldable design yet. It addresses portability concerns with a remarkably lightweight build and durable construction. The dual-screen synergy facilitates efficient multi-tasking, while deeply integrated Galaxy AI features like “Instant Translate” and “Smart Drag and Drop” streamline workflows. This combination of hardware and software enhancements transforms fragmented moments into productive output, extending mobile office capabilities.

ASSA ABLOY acquired SiteOwl, a U.S.-based cloud platform for physical security lifecycle management. This acquisition enhances ASSA ABLOY’s integrated security solutions, addressing the growing demand for streamlined management of physical security systems. SiteOwl’s platform, founded in 2020, covers design, installation, and maintenance. ASSA ABLOY aims to offer a comprehensive service suite and lead the digital transformation of access control infrastructure.

BYD’s Branding Head, Li Yunfei, emphasized the company’s focus on internal development and avoidance of direct attacks on competitors, drawing a parallel to the defensive martial art Wing Chun. He advocated for healthy competition in the vast Chinese and global auto markets, discouraging malicious disparagement. Li urged BYD enthusiasts (“Di-fans”) to positively promote Chinese brands and avoid unproductive online disputes. This philosophy, echoed by Chairman Wang Chuanfu, reflects BYD’s core corporate culture of fair play and constructive growth.