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Krypton Evening News | Amazon Completes Acquisition of Indian Online Financial Platform Axio; Tencent Participates in More Than 1.5 Billion Yuan Series C Financing of Lightelligence; Two Departments Issue the Action Plan for Stable Growth of the Electronic Information Manufacturing Industry from 2025 to 2026

芽芽乐2025-09-04 19:20
The stock price of Agricultural Bank of China hit a new all-time high again. Institutions: Bank stocks are shifting from "pro-cyclical" to "weakly cyclical" varieties.

Large Companies:

Carlyle Group Acquires South Korea's Samhwa Co for $528 Million

South Korea's cosmetics packaging company Samhwa Co said on Thursday that the U.S.-headquartered Carlyle Group has acquired the company from TPG for 733 billion won (approximately $528 million). Carlyle Group said that this acquisition is another addition to its long - standing record of investing in South Korean enterprises. The group has previously invested in several South Korean companies, including fashion retailer Musinsa, energy supplier SK E&S, and recycling company Ecorbit. (Sina Finance)

Xiaomi: 2025 is the First Year for Home Appliances and New Retail to Go Global, and Cars to Go Global in 2027

It was learned from Xiaomi that 2025 will be the first year for Xiaomi's home appliances and new retail to expand overseas, and it plans to enter the overseas car market in 2027. Xiaomi plans to open 10,000 Mi Home stores overseas within five years. (Securities Times)

Beijing Lier: Strategic Cooperation with SenseTime and Xiwang to Explore AI - Related Business

36Kr learned that Beijing Lier issued an announcement stating that the company recently signed a "Strategic Cooperation Agreement" with Shanghai SenseTime Intelligence Technology Co., Ltd. (referred to as "SenseTime") and Hangzhou Xiwang Core Intelligence Technology Co., Ltd. (referred to as "Xiwang"). They plan to jointly research and explore strategic cooperation in areas such as AI computing power cooperation, the development and application of AI vertical models for industrial manufacturing and decision - making, and the development and promotion of relevant intelligent agents. This cooperation is a new business that the company intends to launch. The market in this business area is not yet mature, and the downstream demand is uncertain. The company's technical reserves in this business area are insufficient, and the professional team is still being established. Therefore, the impact on the company's performance in the future is uncertain.

Amazon Completes Acquisition of Indian Online Financial Platform Axio

Amazon announced on September 4 that after obtaining regulatory approval from the Reserve Bank of India (RBI), it has completed the acquisition of Indian online financial platform Axio. As one of Amazon's largest acquisitions in India, this transaction combines Amazon's coverage network with Axio's digital lending expertise, aiming to expand credit coverage across India. (Jiemian)

Agricultural Bank of China's Stock Price Hits a New Record High. Institutions: Bank Stocks are Shifting from "Pro - Cyclical" to "Weak - Cyclical" Stocks

On September 4, bank stocks strengthened against the market. Wind data showed that the bank index closed up 0.75%. Among individual stocks, the Agricultural Bank of China led the gains, rising 5.17%, and its stock price continued to hit a new record high. When talking about the reasons supporting the rise of bank stocks, Dai Zhifeng, the chief analyst of the banking industry at Zhongtai Securities, said that bank stocks are stable high - dividend assets. From a fundamental perspective, bank stocks are shifting from "pro - cyclical" to "weak - cyclical" stocks. The risks of the underlying assets of banks are guaranteed, the asset quality is stable, and the performance is steady, resulting in high and stable dividend yields of banks. In the context of the "asset shortage" market, they are favored by long - term funds such as insurance funds. (China Securities Journal)

PBOC to Conduct 1 Trillion Yuan Outright Reverse Repurchase Operations on September 5 for a Term of 3 Months

36Kr learned from the PBOC website that to maintain ample liquidity in the banking system, on September 5, 2025, the People's Bank of China will conduct 1 trillion yuan of outright reverse repurchase operations through fixed - quantity, interest - rate tender, and multiple - price winning bid methods for a term of 3 months (91 days).

Xijiang Thousand - Households Miao Village Collaborates with Mafengwo to Launch the First Scenic Area AI Service Platform in China

36Kr learned that the destination intelligent agent "AI Tour of Xijiang" created by Mafengwo for the Xijiang Thousand - Households Miao Village Scenic Area in Guizhou recently completed a version upgrade. As the first integrated AI service platform exclusive to a scenic area in China, the new version of "AI Tour of Xijiang" integrates more than a dozen new functions such as ticket booking, certificate verification, customer complaint handling, AI translation, and AI podcasts, achieving a unified entrance for tourist services and integrated management of employee operations.

WPS AIPPT Becomes the First Presentation Application to Support Running HTML Codes of Large AI Models

36Kr learned that WPS, a product of Kingsoft Office, recently officially launched the "HTML Materials" function. As the first office software in the industry to support this function, WPS also allows users to directly insert and smoothly run HTML codes generated by various large AI models in presentations.

Investment and Financing:

Tencent Participates in Lightelligence's Series C Financing of Over 1.5 Billion Yuan

Lightelligence, a provider of optoelectronic hybrid computing power, announced the completion of a Series C financing of over 1.5 billion yuan. This round of financing attracted investment institutions such as China Mobile, Shanghai State - owned Investment, Guoxin Fund, and Pudong Venture Capital. Existing shareholders such as Zhongke Chuangxing, Yijing Capital, and an internet company continued to increase their investments. It is reported that the internet company participating in the investment is Tencent. (Caixin)

DayOne, a Data Center Operator Supported by GDS, is Reportedly Seeking $1 Billion in Financing

According to people familiar with the matter, data center operator DayOne Data Centers Ltd. is considering raising at least $1 billion in a Series C financing to support its expansion in the international market. The people said that DayOne has approached potential investors to gauge interest in this private placement financing deal. DayOne had considered conducting an initial public offering (IPO) in the United States as early as this year to raise about $500 million. The people said that the company currently gives priority to private placement financing. (Sina Finance)

New Products:

The First Batch of Tesla Model Y L New Cars from the Shanghai Gigafactory are Delivered in Shanghai

Two new Tesla models produced by the Tesla Shanghai Gigafactory in Lingang, Shanghai, recently started nationwide deliveries simultaneously, including the Tesla Model Y L, a six - seat luxury SUV, and the Tesla Model 3 Long - Range Rear - Wheel Drive version with a range of 830 kilometers (CLTC). On September 4, reporters saw at the Tesla Minhang Delivery Center in Shanghai that the first batch of new cars had been transported from Lingang, Shanghai, to the center and delivered to Shanghai customers. (Shanghai Securities News)

Today's Views:

Barclays Banker Says the AI Wave is Expected to Spawn Merger and Acquisition Deals Worth Over $100 Billion

Barclays' chief M&A expert pointed out that the competition in the artificial intelligence field is increasing the possibility of a merger and acquisition deal worth over $100 billion being reached by this time next year. "In the broader artificial intelligence field, there will be unimaginable deals," Andrew Woeber, the global head of M&A at the bank, said in an interview. "Don't be surprised if there is a deal worth over $100 billion in the next year. Large platforms will make significant bets." Technology companies, including Elon Musk's xAI and Meta Platforms Inc., have promised to invest heavily in building data centers and related infrastructure to support the AI wave. Morgan Stanley expects that related spending may exceed $3 trillion in the next three years. (Sina Finance)

 Other Noteworthy News:

The State Council General Office: Support Eligible Sports Enterprises to List, Conduct Refinancing, Issue Bonds, and Carry Out Asset Securitization

36Kr learned that the General Office of the State Council issued the "Opinions on Releasing the Potential of Sports Consumption and Further Promoting the High - Quality Development of the Sports Industry", which mentioned increasing financial support. Guide financial institutions to optimize investment and financing services, strengthen credit management, enrich credit products, and actively develop businesses such as intellectual property mortgage loans. Support eligible sports enterprises to list, conduct refinancing, issue bonds, and carry out asset securitization. Encourage making full use of the re - loan and re - discount policies to steadily reduce the comprehensive financing cost and ensure that relevant business entities in the sports industry can promptly enjoy policy preferences.

Two Departments Issue the "Stable Growth Action Plan for the Electronic Information Manufacturing Industry from 2025 - 2026"

36Kr learned that the Ministry of Industry and Information Technology and the State Administration for Market Regulation issued the "Stable Growth Action Plan for the Electronic Information Manufacturing Industry from 2025 - 2026". From 2025 to 2026, the main expected goals are as follows: the average growth rate of the added value of above - scale computer, communication, and other electronic equipment manufacturing industries is about 7%. After including related fields such as lithium battery, photovoltaic, and component manufacturing, the average annual revenue growth rate of the electronic information manufacturing industry will reach over 5%. By 2026, it is expected that the revenue scale and export proportion will remain the first among 41 major industrial categories. The electronic information manufacturing revenue of five provinces will exceed one trillion yuan. The scale of the server industry will exceed 400 billion yuan. The domestic market penetration rate of color televisions with a screen size of 75 inches and above will exceed 40%. Personal computers and mobile phones will move towards intelligence and high - end.