Um 8 Uhr: 1. WeChat führt in einer begrenzten Testphase die Funktion zum einmaligen Rückzug aller Nachrichten durch; Die Preise für Goldschmuck mehrerer inländischer Marken erreichen 1.160 Yuan pro Gramm; In einem Xibei - Restaurant in Hangzhou müssen zwei Personen am Mittag halbe Stunde warten.
Today's Hotspot Guide
The box office of the National Day holiday has exceeded 1.8 billion yuan
Over 2.4 billion person - times have made cross - regional trips during the National Day holiday
Senior investor Xiao Qingping passed away
The 2025 Nobel Prize in Chemistry has been announced
Tesla's passenger car sales in the third quarter have exceeded those of Mercedes - Benz for the first time
Top 3 Big News
WeChat Conducts Gray-Testing on the Function of Withdrawing All Messages at Once
Recently, some netizens posted that WeChat has launched a function to withdraw messages in batches. It is understood that when users long - press a message sent within two minutes in the WeChat chat box and click "Withdraw", two options will appear: "Withdraw this message" and "Withdraw all messages sent this time". Selecting "Withdraw all messages sent this time" allows users to withdraw all messages sent this time (including texts, pictures, voices, etc.) at once, without the need to operate message by message. There's no need to worry about being in a hurry and unable to withdraw all messages when sending the wrong ones. It should be noted that this function is still in the gray - testing phase, and only some users can use it. (Kuaikeji)
Illustration
The prices of gold jewelry from multiple domestic brands have reached 1,160 yuan per gram
On October 8th, the international gold price continued to hit new highs, and the spot gold broke through the $4,000 per ounce mark during the day. The prices of gold jewelry from multiple domestic gold and jewelry brands have been continuously rising. Among them, the price of pure gold jewelry from Laomiao Gold and Lao Feng Xiang has risen to 1,160 yuan per gram, that of Chow Sang Sang has risen to 1,165 yuan per gram, and that of Chow Tai Fook has risen to 1,162 yuan per gram. (Cailian Press)
A Xibei restaurant in Hangzhou starts to have a long queue during lunchtime, and a party of two has to wait for half an hour
On October 8th, in a shopping mall in Hangzhou, Zhejiang Province. It was still the National Day holiday. A reporter from Qianjiang Video visited the site and found that at lunchtime, there was already a long queue in front of a Xibei restaurant in the mall, including many customers with children. After taking a number, the reporter asked the staff and learned that a party of two would have to wait for more than half an hour for a table. The number plate showed that the number was a62, the time was around 12:30, and there were still 19 tables ahead of the two - person table.
Previously, due to the "prepared food" controversy, Xibei's customer flow suffered a "cliff - like decline". On September 24th, Xibei launched an activity in its stores in many places such as Beijing and Shanghai, offering a 100 - yuan coupon to every customer who dined in the store. Whether adults or children, as long as they dined in the store, they could get a 100 - yuan coupon, and the coupons could be used cumulatively. On October 1st, Xibei significantly reduced the prices in its stores across the country. (Qianjiang Video)
Big Companies/Big Events
Box office of the National Day holiday film season exceeds 1.8 billion yuan, with as many as ten new films
Real - time data from the Professional Edition of Dengta shows that as of 16:00 on October 8th, the box office (including pre - sales) of the 2025 National Day holiday film season has exceeded 1.8 billion yuan. It is estimated that the final box office of this season may be less than the 2.105 billion yuan created during the same period last year. Given that the combined National Day and Mid - Autumn Festival holidays totaled 8 days this year, one day more than last year, the overall performance of this year's National Day holiday film season is not outstanding. However, the average ticket price is 36.7 yuan, a certain decrease from 40.4 yuan during the same period last year, allowing audiences to enter the cinema at a more affordable price.
During this National Day holiday film season, there are as many as ten new films, covering diverse genres such as war, fantasy, comedy, and crime. Currently, the top three films in terms of box office during this season are Volunteers: The Great Battle, 731, and Assassin in Red 2. (Yicai Global)
Well - known investor Xiao Qingping passed away unfortunately in a car accident
On October 7th, netizens posted that Xiao Qingping, a first - generation practitioner in China's IT industry and a senior angel investor, passed away unfortunately in a car accident in Tibet on October 6th. On October 8th, a journalist from Jimu News learned from an informed source that Xiao Qingping did die in a car accident in Tibet. The last WeChat Moments message of Xiao Qingping circulated online shows that he posted on Moments on October 5th, saying that he passed through the 72 - turn of Nujiang River and arrived at the Laigu Glacier Nature Reserve. The Laigu Glacier is located in Baxoi County, Changdu City, Tibet. On October 8th, the journalist confirmed from the Changdu Funeral Home that the funeral home had received Xiao Qingping's body, and the cause of death was a car accident. (Jimu News)
Over 2.4 billion cross - regional trips made during National Day holiday, hitting a record high
Reporters learned from the Ministry of Transport on the 8th that from October 1st to 8th (during the Mid - Autumn Festival and National Day holiday), the cumulative cross - regional movement of people across society is expected to reach 2.432 billion person - times, with an average of 304 million person - times per day, a year - on - year increase of 6.2%. (People's Daily)
Lei Jun: The initial sales results of the Xiaomi 17 series far exceeded expectations, and the purchase benefits for the initial sales will be extended until October 31st.
On October 7th, it was reported that Lei Jun, the founder, chairman, and CEO of Xiaomi, posted a message saying that the initial sales results of the Xiaomi 17 series far exceeded expectations. To thank everyone for their choice and support, the purchase benefits for the initial sales will be extended until October 31st. (IT Home)
2025 Nobel Prize in Chemistry Announced
The Royal Swedish Academy of Sciences announced on October 8 local time that the 2025 Nobel Prize in Chemistry has been awarded to Susumu Kitagawa, Richard Robson, and Omar M. Yaghi for their contributions in the field of the development of metal-organic frameworks. The laureates will share the prize of 11 million Swedish kronor (approximately 8.36 million Chinese yuan). (Jiemian News)
SAIC Sold 440,000 Complete Vehicles in September, Soaring by 40% Year-on-Year
On October 8th, SAIC Motor released its production and sales report. In September, it sold 440,000 complete vehicles, a year-on-year increase of 40.4% and a month-on-month increase of 21%. Since the beginning of this year, SAIC's monthly sales have achieved nine consecutive year-on-year increases. From January to September, the cumulative wholesale of complete vehicles reached 3.193 million, a year-on-year increase of 20.5%, and the terminal retail sales reached 3.378 million, continuing to lead the domestic industry. Through comprehensive deepening of reforms and promotion of innovation and transformation, SAIC's "new troika" of self-owned brands, new energy vehicles, and overseas markets have continued to make strong efforts. In September this year, SAIC's self-owned brands sold 294,000 vehicles, a year-on-year increase of 50.4%; new energy vehicles sold nearly 190,000 vehicles, a year-on-year increase of 46.5%; and overseas markets sold 101,000 vehicles, a year-on-year increase of 12.2%. (Jiemian News)
Orca Entertainment Releases National Day Entertainment Consumption Report: Movie Box Office Exceeds 1.5 Billion, Online Animation Viewing Time Soars by 76%
36Kr learned that on October 8th, the "2025 National Day Holiday Entertainment Consumption Report" released by Orca Entertainment showed that offline performances are becoming increasingly "downward - oriented" and "niche - oriented". The total number of performances in third, fourth, and fifth - tier cities increased by 34.1%. Niche performances such as stand - up comedy and Livehouse are more popular among young people. On the online side, the viewing time on large - screen devices increased by 23% year - on - year, and the viewing time of animations increased by 76% year - on - year.
Tsinghua Physics Department Legend Yao Shunyu Leaves, Disagrees with Anthropic, Joins DeepMind
Yao Shunyu, a top student from the Physics Department of Tsinghua University and an expert in condensed matter physics, recently revealed on social media that he officially left Anthropic last month and joined Google's DeepMind team. (Machine Intelligence)
SoftBank Group to Acquire ABB's Robotics Business for $5.4 Billion
SoftBank Group said it has reached an agreement with Swiss firm ABB Ltd. to acquire ABB's robotics business for a total of $5.375 billion. This acquisition is expected to significantly strengthen SoftBank Group's artificial intelligence robotics business. (Sina Finance)
The three major U.S. stock indexes closed mixed, with AMD surging more than 11%
36Kr learned that at the close on October 8, the three major U.S. stock indexes closed mixed. The Nasdaq rose 1.12%, and the S&P 500 index rose 0.58%, both hitting new closing highs, while the Dow Jones Industrial Average ended flat. Large technology stocks generally rose. AMD rose more than 11%, Super Micro Computer rose more than 6%, NVIDIA rose more than 2%, and Amazon, Tesla, and Netflix rose more than 1%. Most popular Chinese concept stocks rose. NIO rose more than 4%, NetEase, Bilibili, and XPeng Motors rose more than 2%, Li Auto, Weibo, and Zhihu rose more than 1%, iQiyi fell more than 2%, and Baidu and Alibaba declined slightly.
JD Logistics Plans to Acquire Wholly - Owned Subsidiary Engaged in Local Instant Delivery Business from JD Group for $270 Million
36Kr learned that JD Logistics issued an announcement stating that it will acquire a wholly - owned subsidiary engaged in local instant delivery business from JD Group for $270 million. This acquisition will help JD Logistics strengthen its "last - mile" delivery capabilities, expand its integrated supply - chain solutions and service portfolio, and supplement its existing product matrix and business map. As a result, the company can better integrate resources to improve its fulfillment capabilities, operational efficiency, and user experience, and contribute to reducing the logistics costs of the whole society.
Alibaba: Completes Tender Offer for Outstanding Senior Notes
36Kr learned that Alibaba announced that it has completed the tender offer for its outstanding US dollar-denominated senior unsecured notes issued in November 2024. On September 4, 2025, Alibaba launched the tender offer, offering its 4.875% senior notes due 2030 with an aggregate principal amount not exceeding US$1 billion, its 5.250% senior notes due 2035 with an aggregate principal amount not exceeding US$1.15 billion, and its 5.625% senior notes due 2054 with an aggregate principal amount not exceeding US$500 million, in exchange for an equal principal amount of its outstanding 4.875% senior notes due 2030, 5.250% senior notes due 2035, and 5.625% senior notes due 2054 (collectively, the "Outstanding Notes").
It's rumored that the price of DJI Pocket 3 camera will be significantly reduced. Customer service: It's a limited-time event for Double 11, and there is no news about new products for now
Recently, there have been reports that DJI's official online store has announced price cuts for multiple products. From 0:00 on October 9th to 24:00 on October 14th, the standard version of the Pocket 3 camera will see a direct price cut of 700 yuan from the recommended retail price of 3499 yuan, with the final price being 2799 yuan. The all-in-one kit will have a direct price cut of 900 yuan from 4499 yuan, with the final price being 3599 yuan. It is learned from DJI's official mall website and the headquarters' customer service that the announced price cut is true and it is a limited-time event for Double 11. DJI's customer service stated that the official online store supports a 7-day price guarantee and 30-day no-questions-asked return (the device and accessories need to be in good condition without damage), and returns are also allowed after activation. However, after the expiration of the period, no after-sales service will be provided. If consumers purchase the product offline or through third-party channels, they need to contact the purchasing channel for handling. There is no news about the release of Pocket 4 for now. (Jimu News)
CITIC Securities: MIXUE Group has strong certainty of future growth, maintains "Buy" rating
CITIC Securities released a research report stating that on September 30, 2025, MIXUE Group (02097) announced plans to invest in and acquire a 53% stake in Xianpi Fuluji. As an emerging leading player in the fresh beer industry, Fuluji's product prices, store locations, etc. are in line with MIXUE Group's DNA, and it is expected to achieve good synergies in the supply chain, consumer operations, and franchisee resources. If the transaction is successfully completed, in the short term, the absolute scale of Fuluji's business will have a relatively limited impact on MIXUE Group's finances; but from a long - term perspective, the domestic fresh beer industry has broad prospects. The company's forward - looking layout of the "tea + coffee + fresh beer" landscape is expected to open up room for long - term business growth. The bank believes that the company has deep moats in terms of brand IP, supply chain, and operational capabilities. It has strong certainty of future growth and a clear competitive landscape, so it maintains the "Buy" rating. (Sina Finance)
Goldman Sachs: The market is currently in a slight surplus, and copper prices are expected to hover between $10,000 and $11,000 per ton
On October 8th, Goldman Sachs released a research report stating that based on resource constraints and the structural demand growth in key industries, copper prices are expected to hover at a level of $10,000 to $11,000 per ton (the same below). The bank raised its copper price forecast for 2026 from $10,000 per ton to $10,500. This is because it took into account the suspension of production at the Grasberg mine in Indonesia, interest rate cuts in the United States, and the further depreciation of the US dollar. At the same time, it maintained its forecast of $10,750 per ton for 2027 and expected copper prices to remain at the level of $10,000 for the rest of 2025. Although the bank is bullish on copper prices, it believes that copper prices will be capped at $11,000 in the next two years because the copper market is currently in a slight surplus. Even though recent mine disruptions have led to a significant reduction in global refined copper production, the surplus state will still persist in 2026. (Cailian Press)
Toyota plans to launch pure electric vehicles equipped with all-solid-state batteries between 2027 and 2028
On October 8th, Toyota plans to launch pure electric vehicles equipped with all-solid-state batteries between 2027 and 2028. (Caixin Press)
EU Releases Two Strategies to Accelerate AI Applications
The European Commission released two strategies, "Applied Artificial Intelligence" and "Artificial Intelligence in Science," on the 8th to accelerate the application of artificial intelligence in Europe's industrial and scientific fields. The "Applied Artificial Intelligence" strategy aims to leverage the transformative potential of AI and covers strategic sectors such as healthcare and pharmaceuticals, energy, manufacturing, defense, and communications. Specific measures include establishing advanced medical screening centers empowered by AI and supporting the development of cutting-edge models and agents for industries such as manufacturing, the environment, and pharmaceuticals. (Xinhua News Agency)
FAA Says Government Shutdown Affects Its Information Services
The U.S. Federal Aviation Administration (FAA) said on the 7th that due to the funding interruption caused by the federal government shutdown, the agency's public - facing information services would be "restricted", but it would still send important safety information. The FAA also said in a post on social media that the recent funding interruption had led to flight delays and staff shortages. (Xinhua News Agency)
OpenAI and Anthropic Seek Insurance Coverage for Potential Litigation Claims
OpenAI and Anthropic are considering using investor funds to address potential litigation claims worth billions of dollars. OpenAI has partnered with AON, the world's second-largest insurance brokerage firm, to seek assistance and has obtained up to $300 million in insurance coverage for emerging artificial intelligence risks. (Sina Finance)
Tesla's stock price drops by more than 4%. The "stripped-down" Model Y is still considered "expensive" despite its nearly $40,000 price tag
Early on October 8th Beijing time, Tesla officially launched the long-awaited low-cost Model Y, priced at $39,990 (approximately RMB 285,000). The new car is named the "Standard Range Model Y". Tesla's official website also simultaneously listed the "Standard Range Model 3" for sale at $36,990 (approximately RMB 263,000), making it the cheapest model currently available on Tesla's US official website. The prices of the two new cars are significantly higher than the market's expected $30,000, and Tesla's stock price subsequently fell. As of the close of US stocks on October 7th, Tesla dropped 4.45% to close at $433.09 per share, erasing the previous day's gains. (The Paper)
xAI, under Elon Musk, is expected to raise $20 billion, with NVIDIA as one of the equity investors
People familiar with the matter revealed that xAI, an artificial intelligence startup under Elon Musk, is expected to raise $20 billion, exceeding the initially planned financing scale. NVIDIA is one of the equity investors. The people familiar with the matter, who declined to be named due to the involvement of undisclosed information, said that this financing is divided into about $7.5 billion in equity financing and up to $12.5 billion in debt financing, and it will be tied to NVIDIA's graphics processing units (GPUs). xAI plans to use these processors in its "Colossus 2" data center in Memphis. The people familiar with the matter said that NVIDIA's equity investment in xAI could reach up to $2 billion. This artificial intelligence (AI) chip giant uses this strategy to help customers accelerate their AI investments. A spokesperson for NVIDIA declined to comment. A spokesperson for xAI has not yet responded to a request for comment. (Sina Finance)
Jensen Huang Says Collaboration with Intel Will Be a Win-Win: "We're Lovers, Not Warriors"
Nvidia CEO Jensen Huang said in an interview on October 7 that Intel, a long - time competitor, spent more than 30 years "trying to kill" his company, but the two chip manufacturers have now become partners in a $5 billion alliance. Huang reflected on the long - standing competition between the two companies during an interview with well - known American financial anchor Jim Cramer. He joked that Intel spent "33 years trying to kill us", but now, "we're lovers, not warriors". This highlights how the two companies have evolved from fierce competitors to strategic allies. (Sina Finance)
Tesla's Passenger Car Sales Exceeded Mercedes-Benz's for the First Time in Q3
Mercedes-Benz Group released its sales data for the third quarter on October 7. Its passenger car sales reached 441,500 units, a year-on-year decrease of 12.3%. A netizen posted on X, "Tesla's sales exceeded Mercedes-Benz Group's for the first time! Mercedes sold 441,500 cars in the third quarter. Tesla sold 497,099 cars. This means Tesla sold 55,599 more cars than Mercedes, a 12.6% increase. In the third quarter, Mercedes' car sales decreased by 12.3% year-on-year, while Tesla's car sales increased by 7.4% year-on-year. Congratulations to Tesla and Elon! Mercedes built its first car in 1901. Tesla was founded in 2004." Tesla CEO Elon Musk retweeted this post. (Sina Finance)
Going Public in Progress
Innolight Technology Co., Ltd.
According to people familiar with the matter, Innolight Technology Co., Ltd., a Chinese manufacturer of optical communication modules and optical devices, is considering a listing in Hong Kong. The people said that the Shandong-based company is consulting with advisors on a possible listing. The people added that the relevant considerations are currently in the preliminary stage, and details such as the scale and timing of the offering are still under discussion. A representative of Innolight did not immediately respond to a request for comment. (Sina Finance)
The Forefront of AI
Elon Musk Says an AI-Generated Game Will Be Released Next Year, Larian Studios' Publishing Director Criticizes
Michael Douse, the publishing director of Larian Studios, the studio behind "Baldur's Gate 3", publicly stated that the AI-generated video game promised by Elon Musk is unreliable. Musk recently founded the XAI artificial intelligence game studio and claimed that the team powered by its AI assistant Grok will release an "outstanding" AI-generated game by the end of 2026. After seeing Musk's plan, Douse responded on Twitter, pointing out that although artificial intelligence can be used as a tool in game development, it cannot replace the creativity and vision necessary to create excellent games. (IT Home)
ChatGPT has over 800 million weekly users, and OpenAI aims to build an application ecosystem: Building an app only takes a few minutes
On October 6th local time, OpenAI made a series of major announcements on the first day of its developer event, DevDay 2025. In his opening keynote speech, OpenAI CEO Sam Altman said, "Previously, it took months to build an application, but now it only takes a few minutes. With AI, you no longer need a team to build an app, just an 'idea', and you'll see everything become a reality soon." According to him, in just two years, ChatGPT's weekly users have grown from 100 million to over 800 million, the number of developers has doubled from 2 million to 4 million, and the API (Application Programming Interface) platform's token processing capacity has soared 20-fold, from 300 million tokens per minute to 6 billion tokens per minute. (Sina Finance)
Compiled | Baby Chinese Cabbage