At 8 o'clock, here are the latest news: Epstein's will leaves Little Saint James Island to his girlfriend; BaiXiang puts 1 gram of gold bars in 2,026 packs of instant noodles, and the customer service responds; Li Yapeng's 6-hour live-stream sales reach 160 million yuan.
Today's Hotspot Guide
SDIC Silver LOF: This fund will be suspended from trading from the opening of the market on February 2nd until 10:30 on the same day.
Lei Jun responds to Xiaomi's car delivery volume in January. There are reports that the first - generation Xiaomi SU7 has been discontinued.
The issue of gold return being deducted handling fees continues to spark controversy. Lawyers interpret the legality of the deduction terms.
Jensen Huang says the investment in OpenAI might be NVIDIA's largest ever.
The box - office of movies will exceed 2 billion in 2026.
Top 3 Big News
The last batch of documents in the Epstein case are exposed. His will leaves Little Saint James Island to his girlfriend
The U.S. Department of Justice said on January 30 that it would make public the remaining documents related to the case of the late wealthy businessman Jeffrey Epstein that day, totaling more than 3 million pages. Among them is a will that Epstein made on August 8, 2019. He was found dead in his cell two days later. Eight days after Epstein's death, this will was signed and took effect by his lawyer Darren Indyke.
In this will, Epstein left his $288 million in money and properties around the world to at least 44 different beneficiaries. His girlfriend, Karina Shuliak, will receive $50 million in cash, a 33-carat diamond ring and several properties. Epstein even gave Little Saint James Island, where he carried out sex trafficking, to Shuliak.
Epstein was convicted of soliciting minors for prostitution in 2008. He was arrested again on suspicion of sex crimes in July 2019 and died in prison in August 2019, which was ruled a "suicide." However, a widely circulated claim is that he was killed because he had a "client list" used to blackmail well-known figures. (Red Star News, Modern Express)
Baixiang Customer Service Responds: A Total of 2,026 One-gram Gold Bars Were Distributed, and It's Not Recommended to Use Metal Detectors on Cup Noodles
Recently, some netizens shared on social platforms that they won a one-gram gold bar after eating Baixiang cup noodles, and the videos attracted a lot of attention from netizens.
The customer service of the Baixiang flagship store told reporters that since December 20, 2025, Baixiang has launched the "Eat Cup Noodles and Win the First 'Gold' of the Year" campaign. A total of 2,026 customized one-gram gold bars were distributed as first prizes. Since it's difficult to confirm the exact production quantity, the winning probability cannot be calculated. The campaign will last until March 31, 2026.
Jimu News reporters also found that many netizens on social platforms are using electronic gram scales and metal detectors to check if there is gold in Baixiang cup noodles. In response, the customer service of the Baixiang flagship store said it's not recommended to do so. "This campaign is a randomly distributed surprise game." (Jimu News)
Li Yapeng's 6-hour live-streaming sales reached 160 million yuan, and his followers increased by over 4 million in just over ten days
On the evening of January 30th, Li Yapeng's "No. 1 Shaft" held a special Pu'er tea live-streaming session on Douyin. The sales of the 6-hour live stream reached 162 million yuan, and the cumulative number of views exceeded 40 million, once again breaking his personal sales record. As of February 1st, Li Yapeng's follower count on the short-video platform had exceeded 10 million, with an increase of over 4 million followers in just over ten days. This wave of popularity originated from a video he posted on January 14th, where he publicly revealed for the first time that Beijing Yanran Angel Children's Hospital was facing closure due to unpaid rent.
The public's sympathy for his charity work was directly translated into "wild consumption" in the live-streaming room. Not only did it help Yanran Hospital raise over 20 million yuan in donations within 5 days, but it also skyrocketed his sales conversion rate from less than 1% to 5%. (Sichuan Observation)
Big Companies/Big Events
Cotti Coffee: Non-promotional products on its own platform will be sold at the retail price starting from February
Recently, it was reported that Cotti Coffee issued a notice on the adjustment of store pricing strategies and promotions. The notice stated that the "Unlimited 9.9-yuan products across the board" promotion will officially end at 24:00 on January 31, 2026. Starting from 00:00 on February 1, 2026, a special promotion zone will be launched, and some products will still be available at 9.9 yuan with no quantity limit. Starting from 00:00 on February 1, 2026, non-promotional products on Cotti's own platform will be sold at the retail price. (The Paper)
Industrial and Commercial Bank of China Issues Risk Warning: Guard Against Risks in the Precious Metals Market
On February 1st, Industrial and Commercial Bank of China Limited issued a "Notice on Further Strengthening Risk Prevention in the Precious Metals Market".
ICBC stated that recently, the prices of precious metals at home and abroad have fluctuated sharply, and market uncertainties have significantly increased. It is recommended that you, on the basis of carefully assessing your own risk tolerance, maintain a rational investment attitude and avoid blindly chasing rising prices or cutting losses. It is advisable to consider from a medium - to long - term perspective and adhere to the principles of phased and diversified investment allocation in a moderate and balanced manner. Please closely monitor market changes, reasonably control your position size, and effectively guard against market fluctuation risks. (Beijing Daily)
Lei Jun Responds to Xiaomi Auto's January Delivery Volume, Reports Say the First - Generation Xiaomi SU7 Has Been Discontinued
Xiaomi Auto delivered over 39,000 vehicles in January 2026, with a month - on - month decline of over 20%. This data change has attracted industry attention. People familiar with the matter revealed that the decline in sales is not due to weak demand, but rather the fact that the first - generation SU7 has been discontinued, and the factory's entire production capacity is now focused on preparations for the production of new - generation models.
Previously, it was publicly confirmed on Weibo that the SU7 is about to undergo a model change. Currently, the main vehicle for delivery has been switched to the YU7, and the factory and sales channels are synchronously completing the transition between old and new products. (IT Home)
International gold prices posted their biggest single-day drop in 40 years. Experts: A rapid correction of the overheated sentiment in the previous period
On January 30th, international gold prices posted their biggest single-day drop in 40 years. Many experts interviewed said that the current gold price is at a high level, with increased volatility and rising risks, so investors need to be more cautious. Li Gang, the research director of the China Foreign Exchange Investment Research Institute, said that the rapid decline in gold prices is mainly the result of the combined effect of sentiment and fundamentals. This round of "plunge" is more like a rapid correction of the overheated sentiment in the previous period. For ordinary investors and some merchants, this is also an anxious moment. A merchant told reporters that due to the sharp fluctuations in gold prices, there has been a rare problem of difficult supply of gold raw materials in the industry. Some investors want to "get on the bandwagon" when the gold price drops sharply, but they are torn about whether to sell their inventory out of "fear of not being able to buy raw materials". (Securities Times)
SDIC Silver LOF: This fund will be suspended from trading from the opening of the market on February 2nd until 10:30 on the same day.
According to the announcement of SDIC Silver LOF, this fund will be suspended from trading from the opening of the market on February 2nd, 2026, until 10:30 on the same day, and will resume trading at 10:30 on February 2nd, 2026. After resuming trading, transactions will be carried out in accordance with the relevant provisions of the "Shenzhen Stock Exchange Trading Rules", and the price limit for daily price fluctuations is 10%.
If the premium rate of the secondary market trading price of this fund on February 2nd, 2026, does not effectively decline, the fund has the right to apply to the Shenzhen Stock Exchange for an intraday temporary trading suspension, extend the trading suspension time and other measures to warn the market of risks. The specific situation shall be subject to the announcement at that time. (Cailian Press)
Controversy Continues over Handling Fees Deducted for Gold Returns, Lawyer Interprets Legality of Deduction Clauses
From January 30th to 31st, the international gold price plummeted to a record low. The price of domestic brand gold jewelry dropped by 20 to 40 yuan per gram. Consumers in many places demanded to return the goods, and the relevant controversy continued to simmer on social platforms. Some netizens reported that salesgirls at some gold brand counters claimed that a 500 - yuan deduction would be made for all returns. Some consumers also reported that handling fees of varying amounts were charged for online gold returns, which triggered discussions on rights protection.
Wang Jinfu, a senior partner of Sichuan Rongcheng Law Firm, said that the core of the gold return rules depends on the sales scenario and the form of the terms. For offline purchases, there is no mandatory requirement for a 7 - day no - reason return for goods without quality problems. However, the "no return after leaving the counter" policy needs to be prominently announced; otherwise, it is invalid. For non - customized and well - preserved gold jewelry purchased online, consumers have the right to return the goods without reason within 7 days. Merchants can only deduct the necessary shipping and insurance fees, and additional deduction clauses without clear notice are invalid.
The online rumor that "a 500 - yuan deduction is made for no - reason returns" is an overbearing clause that aggravates the consumers' responsibilities and has no legal effect. The lawyer also reminded consumers to read the return and exchange rules carefully before purchase, keep transaction evidence, distinguish between gold jewelry consumption and gold investment, and safeguard their rights in accordance with the law if they encounter infringement. (Cover News)
China Banking Association: No More Than 6 Collection Calls per Day for Consumer Loans
On January 30th, the China Banking Association issued the "Guidelines for the Collection of Personal Consumer Loans by Financial Institutions (Trial)". The "Guidelines" clearly state that without the debtor's consent, it is strictly prohibited to conduct phone collections, on - site visits and other collection activities from 22:00 in the evening to 8:00 the next morning. At the same time, the frequency of active calls should be controlled within a reasonable and necessary range, and it is stipulated that if the debtor's phone call is not answered, the collection staff should not attempt to call the debtor on the same contact information more than 6 times a day. (Sina Finance)
Apple's AI Team Sees Another Exodus as Multiple Researchers Join Meta and Google
In addition to losing a Siri executive, Apple has lost at least four AI researchers in recent weeks. These employees have moved to employers including Meta and Google DeepMind. The latest departures include Yinfei Yang, Haoxuan You, Bailin Wang, and Zirui Wang. Reportedly, Yang left to start a new company, while You and Bailin Wang joined Meta. You joined Meta's "Super Intelligence" research division. Zirui Wang will join Google DeepMind, the team that has been assisting Apple in building the core AI models that will support new features. This includes the technology underlying the new version of the Siri voice assistant to be released this year. (Caixin)
Jensen Huang Says Investment in OpenAI Could Be NVIDIA's Largest Ever
NVIDIA CEO Jensen Huang said on Saturday that the company "definitely" will participate in OpenAI's current funding round, which is likely to be the company's largest investment ever. Huang declined to disclose the specific amount of the investment, but he said it "won't be equal to" the previously reported $100 billion. Earlier reports said that NVIDIA's plan to invest in OpenAI stalled after some people within the chip giant expressed doubts about the deal. (Sina Finance)
Bulgarian Lev Completely Withdrawn from Circulation
Since February 1st local time, the former Bulgarian currency, the Lev, has been completely withdrawn from circulation. According to the announcement of the Bulgarian National Bank, about 75% of the previously circulated Lev banknotes and coins have been retrieved. As of January 30th, the Bulgarian National Bank had put a total of 6.1 billion euros in cash into the market. (CCTV News)
NASA Begins Key Tests Ahead of Manned Lunar Orbital Flight
On January 31 local time, the National Aeronautics and Space Administration (NASA) initiated a two - day simulated countdown to prepare for the fueling of the new lunar rocket. It is reported that this is a crucial test that will determine when four astronauts will board the rocket for a lunar orbital flight. (CCTV News)
The box office of movies in 2026 exceeded 2 billion yuan
According to data from online platforms, as of 15:26 on February 1st, the annual box office in 2026 has exceeded 2 billion yuan. (CCTV News)
Toyota Recalls Over 160,000 Tundras in the US Due to Rearview Camera Malfunction
On January 31 local time, according to the disclosure of the National Highway Traffic Safety Administration (NHTSA) in the United States, Toyota is recalling a total of 161,268 units of the 2024 - 2025 Toyota Tundra and Tundra hybrid models equipped with the Panoramic View Monitor (PVM) system because the rearview camera image may fail to display. (Jiemian News)
Indonesia Lifts Ban, Allows Grok Under Musk's Control to Restart Service
On February 1, Indonesia's Ministry of Communication and Informatics announced that it has allowed the Grok artificial intelligence tool to resume service after the X platform under Elon Musk's control made assurances regarding the issue of the tool generating pornographic content. The ministry stated that the lifting of the ban is not an unconditional relaxation but part of a measurable and constantly evaluable digital law - enforcement mechanism. If further violations are discovered, corrective measures, including suspending service access again, will be taken. The Indonesian government announced a temporary ban on Grok in early January due to concerns that it could be used to generate pornographic content. (Jiemian News)
Market news: A consortium led by KKR will acquire ST Telemedia Global Data Centres
Market news: A consortium led by KKR will acquire Singaporean data center company ST Telemedia Global Data Centres at a price exceeding $10 billion. (Sina Finance)
SpaceX Applies to Deploy 1 Million Satellites and Plans to Build Solar-Powered Satellite AI Data Centers
According to filings with the U.S. Federal Communications Commission, SpaceX, owned by Elon Musk, plans to launch a satellite constellation consisting of 1 million satellites. These satellites will orbit the Earth and use solar energy to power artificial intelligence data centers. (Sina Finance)
Going Public in Progress
Sunwoda
On the evening of January 30th, Sunwoda released a progress announcement regarding the issuance of H-shares and listing. Sunwoda stated that the company submitted updated issuance application materials, along with some company information and financial data, to the Hong Kong Stock Exchange on January 30th, 2026, and published the relevant updated documents on the Hong Kong Stock Exchange website on the same day. Sunwoda first submitted an application for issuance and listing to the Hong Kong Stock Exchange on July 30th, 2025. (China Securities Journal Network)
The Forefront of AI
Kimi K2.5 Becomes the First Major Model of OpenClaw Announced for Free Use
36Kr learned that the AI agent OpenClaw (formerly Clawdbot) announced that users can experience the Kimi K2.5 model and related capabilities of Kimi Coding for free. Since OpenClaw became popular, Kimi K2.5 has become the first major model officially announced by OpenClaw to offer users a free quota.
Nvidia's $100 billion cooperation agreement with OpenAI has stalled
People familiar with the matter revealed that Nvidia originally planned to invest up to $100 billion in OpenAI to help it train and run the latest AI models. However, due to some internal doubts within Nvidia about the deal, the relevant plan has stalled. (Sina Finance)
Investment and financing
“Zhongke Qingneng” Completes Nearly 500 Million Yuan in Pre - A++ Round of Financing
36Kr learned that “Zhongke Qingneng” has completed nearly 500 million yuan in the Pre - A++ round of financing. CDH Baifu led the investment, and NIO Capital, Sinovation Fund, and Kunpeng Capital jointly co - led the investment. Multiple investment institutions such as Lotus Pond Capital, Xiaoyu Capital, Henan Assets, Feituo Venture Capital, and West Lake Venture Capital participated together. Existing shareholders Rongtuo Capital and CGN Capital continued to increase their investment. Yundao Capital served as the financial advisor for this round of financing. The funds will be mainly used for the R & D and engineering delivery of larger - scale liquid hydrogen systems, the largest domestic nuclear fusion refrigeration system, key refrigeration systems for multiple domestic large - scale scientific facilities, and the third - generation quantum low - temperature sensing system, as well as the construction of the second - phase manufacturing center.
Cool Products
BrainCo Launches Non-invasive Brain-computer Interface Products for Children with ADHD
BrainCo, a non-invasive brain-computer interface company, has launched products targeting ADHD (Attention Deficit Hyperactivity Disorder, commonly known as "hyperactivity disorder"), including rehabilitation training software and a prefrontal single-channel EEG collector. Both have obtained medical device registration certificates. The technical principle is that based on neurofeedback training technology, the EEG signals of the prefrontal lobe are collected and analyzed through surface electrodes to optimize the EEG rhythm and improve the attention and self-control of 6-12-year-old children with ADHD. (Jiemian News)
Compiled by | Yuting He