Markets

  • Li Xiang Says He Can’t Compete with Lei Jun’s Work Ethic: Lei Works Weekends

    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.

    2025年8月18日
  • Kodak Denies Rumors of Closure or Business Termination

    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.

    2025年8月18日
  • Li Xiang: I Give All My Earnings to My Wife; I Need Her More Than She Needs Me

    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.

    2025年8月18日
  • 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.

    2025年8月18日
  • 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.

    2025年8月18日
  • 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.

    2025年8月18日
  • 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.

    2025年8月18日
  • 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.

    2025年8月18日
  • 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.

    2025年8月18日
  • 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.

    2025年8月18日