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Haier holds the leading refrigerator market share in Southeast Asia as of H1 2025, experiencing over 50% growth in the large refrigerator segment. Building on this momentum, Haier launched its Wave Series refrigerator in the region, adapting the successful domestic model to local needs. The Wave Series features advanced preservation technology, space-saving design (crucial for smaller Southeast Asian kitchens), and Smart Ice technology, catering to the region’s hot climate and beverage preferences. The refrigerator aims to continue Haier’s growth in the area.

Ahead of Xiaomi’s EV entry, Lei Jun consulted Li Auto CEO Li Xiang for advice, revealed on a Chinese business show. Their two-hour phone call covered Tesla, BYD, and Huawei, with Li Xiang urging Lei Jun to be fully involved. Li Xiang also mentioned frequent gatherings with other EV leaders like Nio’s William Li and Xpeng’s He Xiaopeng, emphasizing “mutual candor” and open communication within China’s competitive EV market, including sharing beneficial, albeit sometimes uncomfortable, advice.

A Yubico survey reveals significant cybersecurity habit disparities across major U.S. cities. Nearly half of Americans reuse passwords, while only 3% favor hardware security keys. Seattle and San Francisco lead in MFA and passkey adoption, while Denver lags. The survey exposes a disconnect between perceived and actual security, with many experiencing cyber incidents despite believing they can identify phishing. Yubico advocates for robust, phishing-resistant authentication methods like YubiKeys.

On “Luo Yonghao’s Crossroads,” Li Auto CEO Li Xiang emphasized prioritizing execution, suggesting focusing on achieving three key tasks daily. He contrasted this with spreading oneself too thin, arguing that tackling too much leads to poor execution. Li admitted his work ethic paled compared to Xiaomi’s Lei Jun, whom Luo Yonghao lauded as a “famously hardworking genius.” Li also discussed his early investment strategy before launching Li Auto, inspired by Lei Jun’s approach to understanding the industry.

Kodak China refuted recent reports suggesting potential cessation of operations or bankruptcy, labeling them as misinterpretations of SEC filings. The company asserts it has no plans to cease operations, remains confident in meeting debt obligations, and anticipates a significantly strengthened balance sheet by early 2026 following a planned transaction. Kodak clarifies that a “going concern disclosure” was a technicality. The company highlights its robust business fundamentals and plans to use proceeds from a pension plan transaction to reduce debt, not fund daily operations, expressing optimism for the future.

Li Auto CEO Li Xiang discussed his personal life on “Li Yonghao’s Crossroads,” revealing insights into his marriage and financial management. He admitted his dependence on his wife and that she manages all family finances. Li also addressed his perceived “low EQ” and admitted to conducting a thorough pre-marital “due diligence” on his wife. Despite this unconventional approach, they maintain a stable relationship and have five children. They were recently spotted at a soccer match where Li’s wife garnered attention.

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.

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.

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.

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.