Topics
Trouble at TikTok
ByteDance’s wildly popular short video app has gotten caught up in U.S.-China tensions, with Washington worried that personal data on TikTok’s 100 million U.S. users could fall into Beijing’s hands.
Cover Story: Will TikTok Be the Next Huawei?
Founder Zhang Yiming’s efforts to defuse rising political pressures fail to gain traction as U.S. moves to follow India in banning the popular video app citing data security concerns
Business Brief (Sept. 5): Nasdaq to Toughen IPO Rules for Chinese Firms
China targets over 7 trillion yuan for its sports industry by 2030, Huawei unveils a new trifold phone featuring a Kirin chip
Business Brief (Sept. 4): U.S. 30-Year Treasury Yield Tops 5%
The U.S. tightens visa waiver policy for nonimmigrants, Hong Kong’s property market sales hit a four-year high
CX Daily: Trade-In Programs Spur Sales, but Not Without Costs
China plans to add Russians to its visa-waiver program. The country enforces AI content labeling rules.
China Enforces AI Content Labeling Rules to Curb Misuse
Tech firms from DeepSeek to Douyin roll out disclaimers and watermarks under sweeping AI transparency mandate
Meituan Enters Open-Source AI Race With LongCat Model
The delivery giant’s new LongCat model promises faster, cheaper performance with a focus on agent tasks
In Depth: TV Industry Hopes for Dramatic Growth After Beijing Loosens Grip
Market insiders warn reforms might not be enough for traditional media to see off the challenge posed by ‘micro-dramas’
CX Daily: Micro Drama Platforms Knock Down Paywalls as Viewers Lose Interest
China pushes minimum wage hikes. Mainland firms cement Hong Kong’s hold on IPO top spot.
CX Daily: China’s Stock Market Roars Back to Life — But Can It Outrun Economic Gravity?
China’s top securities regulator reshuffles key departmental heads. Cambricon inches closer to becoming the country’s priciest stock.
Tesla Taps Home-developed AI Models for China-Market Six-Seater EV Voice Assistant
Move signals Tesla’s intent to strengthen its “smart cockpit” offerings, seen as a weak spot in comparison with Chinese rivals
CX Briefing: China to Host International Summit
Also in today’s rundown: Authorities loosen overseas borrowing rules for green projects, video platforms Bilibili and Kuaishou see business boost from AI
In Depth: Micro Drama Platforms Knock Down Paywalls as Viewers Lose Interest
Platforms are adopting diverse strategies to counter shrinking consumer interest in the domestic market, with some shifting to free, ad-based models, and others expanding overseas
Labubu Carries Pop Mart Stock to All-Time High
The trendy toy retailer’s shares rose over 12% after its release of blockbuster first-half earnings, with profit up close to 400%
Ant Group’s Bid to Acquire Hong Kong Brokerage Faces Hurdles as Internet Platforms Remain Under Heightened Regulation
Ant Group’s attempt to acquire 50.55% of Hong Kong-listed Bright Smart Securities for HK$2.814 billion (US$360 million) has stalled, pending approvals from Chinese regulators including the NDRC and multiple financial authorities. Regulatory scrutiny focuses on compliance and illegal cross-border brokerage issues; prior attempts by Ant and other internet firms to secure brokerage licenses have also failed. Ongoing uncertainty over Ant’s acquisition and regulatory stance has led to volatile Bright Smart stock prices and limited strategic clarity for both companies.
Caixin Weekly | The Diminishing Allure of the Golden Rice Bowl for Programmers
US computer science graduate unemployment rates rose to 6.1%–7.5% in 2025, with tech layoffs (Meta, Microsoft, etc.) impacting job prospects; over 57,000 US tech jobs were cut by May 2025. Despite high competition and AI’s emergence, the median US computer-related salary remains ~$106,000 annually, and long-term demand is still forecasted to grow. Chinese students in the US and domestic graduates face stiff job markets, as recruitment shifts to AI/high-tech roles with higher requirements, and job stability concerns rise in both countries.
In Depth: AI Glasses Lead a New Wave of Wearable Tech
While analysts are certain the market will grow quickly, there’s less certainty about which companies and what kinds of products will dominate
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