Krypton Abendzeitung | Hema kündigt die Öffnung für chinesische Außenhandelsunternehmen zur Registrierung an; Citigroup: Deutsche Staatsanleihen bleiben weiterhin besser als US-Staatsanleihen; QQ Music führt offiziell die Funktion "Tiefgehende KI-Analyse der Charts" ein.
Large Companies:
HEMA Announces Opening to Chinese Foreign Trade Enterprises for Settlement
36Kr learned that on April 11, HEMA issued an announcement, officially opening a 24 - hour green settlement channel for foreign trade enterprises from now on. It will match efficient logistics and supply chain support and jointly develop private - brand innovative products to help high - quality Chinese foreign trade enterprises explore the domestic market.
36Kr learned that with the improvement of the digitalization level of consumption related to eating, drinking, and having fun, Taobao's relevant transactions in the fields of life services and game entertainment have achieved rapid growth in the past two years. Its user scale has exceeded 100 million, and the GMV has exceeded 100 billion. At the just - held merchants' conference, Yu Xun, the person in charge of Taobao and Tmall's digital life industry, said that in the future, the platform will continue to increase investment in the life service and game entertainment tracks. Through various means such as user product creation, supply upgrade, and merchant tool empowerment, it will help merchants achieve sustainable growth.
QQ Music Officially Launches the "AI In - depth Interpretation of Song Charts" Function
36Kr learned that QQ Music has officially launched the industry - first "AI in - depth interpretation of song charts" function. This function integrates DeepSeek, Wenqu Podcast, the self - developed large - model Qinyu of TTS, and automatic mixing technology. Through the AI anthropomorphic voice commentary with emotional fluctuations, it helps users understand the creative inspiration and lyric imagery of the chart - topping songs, upgrading the simple melody enjoyment to a in - depth experience that combines art appreciation and knowledge popularization. It is reported that relying on the advanced technology of the Qinyu large - model, the "AI in - depth interpretation of song charts" creates an immersive music cognition for music fans through three core capabilities, with prominent features such as professionalism, high naturalness, and super anthropomorphism.
Citi: German Government Bonds Continue to Outperform US Treasury Bonds
The yields of German government bonds and other euro - zone government bonds changed little in early trading, outperforming US Treasury bonds, whose yields rose. Andrea Appeddu of Citi Investment Research said in a report: "Earlier this week, we noticed that the recent wave of risk - aversion sentiment has once again confirmed the status of German sovereign bonds as an international safe - haven asset relative to US Treasury bonds." According to Tradeweb data, the yield of 10 - year German government bonds rose 0.4 basis points to 2.595%, while the yield of 10 - year US Treasury bonds rose 6.5 basis points to 4.458%. (Sina Finance)
NetEase Cloud Music Launches a New "Divine Light Mode" Music Player
36Kr learned that recently, NetEase Cloud Music has successively launched new functions such as the "Divine Light Mode" music player and "Gorgeous Skins" for dressing up, providing users with a cooler and more colorful visual experience when listening to music. NetEase Cloud Music said that it will continue to create practical and beautiful product design experiences according to different user needs, providing users with more high - quality function options.
36Kr learned that Xiaomi Auto's official Weibo account issued a response. On April 5, 2025, it was learned that in the early morning of that day, a standard - version Xiaomi SU7 was in a collision with an electric bicycle on the 376 Provincial Road in Qujie Town, Xuwen County, Zhanjiang City, while being manually driven by the driver (who was not the owner). After the accident, the driver fled the scene. According to the latest police report, the driver has been arrested. Regarding the casualties caused by the accident, the on - site investigation has been completed, and the final conclusion is subject to the reports of relevant departments. According to preliminary understanding, the relevant fire was caused by the severe squeezing and deformation of the lithium battery of the electric bicycle after the collision, which then ignited the accident vehicle.
Investment and Financing:
36Kr learned that the Tianyancha App shows that recently, Taizhou Jiadao Smart No. 1 Private Equity Investment Fund Partnership (Limited Partnership) was established. The executive general partner is Beijing Chengmei Jiadao Private Equity Fund Management Co., Ltd., with a capital contribution of 200 million RMB. Its business scope includes engaging in equity investment, investment management, asset management and other activities with private equity funds, and venture capital. The partner information shows that the fund is jointly funded by Zhejiang Yongning Equity Investment Fund Co., Ltd., Taizhou Huangyan Economic Development Group Co., Ltd., Taizhou Huangyan Yongning Industrial Investment Technology Co., Ltd., Cambricon (Taizhou) Technology Co., Ltd. under Cambricon, etc.
New Products:
BYD Announces a Patent for Zinc - Ion Batteries
36Kr learned that the intellectual property information on Tianyancha shows that recently, BYD Co., Ltd.'s patent application for "A Negative Current Collector for Zinc - Ion Batteries, Its Preparation Method and Application" was announced. The abstract shows that this application belongs to the field of battery technology. Specifically, it discloses a negative current collector for zinc - ion batteries, its preparation method, a negative electrode sheet for zinc - ion batteries, a zinc - ion battery, and an electrical device. The negative current collector for zinc - ion batteries includes: a conductive substrate; a metal deposition layer located on at least one side surface of the conductive substrate, including a metal deposition material. The metal deposition material includes at least one of metal fluorides and metal sulfides, and the metal in the metal deposition material includes at least one of indium, bismuth, tin, copper, and nickel.
36Kr learned that the latest arena list of the independent AI benchmark testing and analysis platform Artificial Analysis was announced. ZhiXiang Future's image generation large - model HiDream - I1 topped the list of image generation models only 24 hours after its open - source release, becoming the first self - developed Chinese generative AI model to top this list. It is reported that HiDream - I1 has participated in more than 5,000 evaluations, covering multiple key sub - fields such as "text layout", "portraits", "animation", and "science - fiction themes".
Today's Views:
The spokesperson of the Ministry of Commerce answered reporters' questions on China's additional prosecution against the US for further increasing tariffs on Chinese goods at the WTO: The US tariff measures are a typical example of unilateral bullying and coercion, seriously violating WTO rules and severely disrupting the rules - based multilateral trading system and international economic and trade order. China will firmly safeguard its legitimate rights and interests and firmly uphold the multilateral trading system and international economic and trade order. We urge the US to immediately correct its wrong practices and cancel all unilateral tariff measures against China. (CCTV News)
36Kr learned that on April 10, the "Shanghai Pharmaceuticals New Retail · Smart Chain Future Innovation Ecosystem Summit" was held in Shanghai. Li Yongzhong, the executive director and executive president of Shanghai Pharmaceuticals, said that 2025 is the dual inaugural year of AI and new retail for Shanghai Pharmaceuticals Holdings. He looks forward to cooperating with more like - minded partners to seize the opportunities in the out - of - hospital market and focus on building a new retail industry cooperation network. Li Zhigang, the director of the retail business of Shanghai Pharmaceuticals Holdings and the chairman of Shanghai Pharmaceuticals Cloud Health, officially released the "Shanghai Pharmaceuticals New Retail Integration Strategy". He pointed out that relying on Shanghai Pharmaceuticals' retail network covering nearly 1,500 stores and a mature supply chain system, it will continue to enhance the strategic level of new retail and promote the construction of a large - scale retail system such as the innovative drug system and the wholesale - retail cooperation system.
36Kr learned that on April 11, Chen Guanzhou, the director, general manager, and chief operating officer of MediaTek, said at the Dimensity Developer Conference that the knowledge density of language models doubles every 3.3 months, and the AI performance of edge - side devices doubles every two years. It is expected that the penetration rate of generative AI phones will exceed 50% in 2028. It is reported that the newly launched Dimensity 9400+ processor of MediaTek has a comprehensive AI score 1.25 times that of the Dimensity 9400 and supports the deployment of the DeepSeek - R1 on the edge side with a maximum scale of 8B.
Other Noteworthy News:
36Kr learned that the National Financial Regulatory Administration issued a guiding opinion on promoting the high - quality development of financial asset management companies and improving the quality and efficiency of supervision. It is necessary to strengthen asset - liability and liquidity management. Determine business investment reasonably according to one's own management ability, liability situation, etc., and do not blindly drive asset - scale growth through liability expansion. Balance the relationship among safety, liquidity, and profitability, appropriately increase the proportion of medium - and long - term liability funds, improve the matching degree of asset - liability maturity, and safeguard the bottom line of liquidity safety. Support financial asset management companies to replenish capital by issuing financial bonds, asset - backed securities, preferred stocks, secondary capital bonds, perpetual capital bonds, etc., and further broaden the sources of funds in accordance with laws and regulations.
36Kr learned that recently, four departments including the People's Bank of China, the General Administration of Sport, the National Financial Regulatory Administration, and the China Securities Regulatory Commission jointly issued the "Guiding Opinions on Financial Support for the High - quality Development of the Sports Industry", aiming to build an equity - financing model with accurate docking and efficient capital allocation. Encourage the development of equity financing to increase the proportion of direct financing in the sports industry. Taking the full implementation of the registration - based stock - issuance system as an opportunity, support eligible and competitive sports enterprises to raise funds and develop through listing, refinancing, mergers and reorganizations, listing on the New Third Board, etc. Improve the risk - investment guidance mechanism and encourage private - equity institutions to increase investment in the sports industry with strong innovation, novel business models, good public support, and rapid growth potential.
The UAE Adjusts the Visa - Free Entry and Stay Period for Chinese Citizens
Recently, the UAE has adjusted its visa - free policy for Chinese citizens. Chinese citizens holding ordinary passports valid for more than 6 months can enter the UAE visa - free, with a total stay of no more than 90 days within every 180 days. Starting from the first day of entry, the 180 - day period is calculated. If a continuous or intermittent stay reaches 90 days, the traveler should leave the UAE after the expiration of the 90 - day period and can return only after 180 days from the first day of entry. If the stay exceeds 90 days within 180 days, a fine of 50 dirhams per day will be imposed for the excess days. (Jiemian)