1.1 K at 8 a.m. | Hualaishi officially announces its delisting; Elon Musk becomes the richest person in history; Fenjiu responds to the news that multiple master's degree holders are proposed to be recruited as winemakers and bottlers.
Today's Hotspot Guide
Apple raises the price of MacBook, with the new - generation MacBook seeing a maximum increase of $400.
Li Xiang is considering repurchasing some Hong Kong - listed shares.
Thai Airways International plans to raise ticket prices to cope with the soaring fuel costs.
Sony is facing a $2.7 - billion lawsuit in the UK over PlayStation Store price issues.
The Supercomputing Internet is giving away 10 million Tokens for free to OpenClaw users.
Top 3 Big News
After nearly a decade on the New Third Board, Wallace officially announced its delisting
After nearly a decade on the New Third Board, "the king of Western fast food" Wallace officially announced its farewell to the capital market. Currently, facing the encirclement of new forces such as Tastin and the challenge of its own slowing performance growth, Wallace is trying to find a new way to break through in the fierce market competition.
On February 11, 2026, Fujian Huashi Food Co., Ltd. issued the "Announcement on the Termination of the Company's Stock Listing on the National Equities Exchange and Quotations", announcing that the company had officially completed its delisting from the New Third Board. The company's stock will cease to be listed on the National Equities Exchange and Quotations from February 12, 2026, ending its nearly decade - long listing journey.
In the announcement, Huashi Food stated that considering the company's current operating situation, combined with the current market environment and the company's long - term strategy and development plan, in order to further improve the efficiency of business decision - making and reduce operating costs, the company intends to apply for the termination of the listing of its stock on the National Equities Exchange and Quotations. Wallace's decision to delist was not sudden. As early as January 9 this year, Huashi Food announced that the company would apply for the termination of its listing. By January 22, Huashi Food officially announced that its stock would be suspended. (Red Star News)
Forbes Releases Annual Rich List, Elon Musk Becomes the Richest Person in History
Forbes released its 40th annual rich list. A record 3,428 people made the list this year, an increase of 400 from last year. Their total wealth increased by $4 trillion to a record $20.1 trillion. The average net worth is $5.8 billion, up from $5.3 billion last year. The data is as of March 1st.
Elon Musk topped the list for the second consecutive year and became the richest person in history, with an estimated net worth of $839 billion. Thanks to the rising value of Tesla and SpaceX, which is planned to go public in 2026, his net worth soared by $500 billion compared with last year. Musk is the first person in history to break through the $800 - billion mark and is moving towards the $1 - trillion mark. (Sina Finance)
Fenjiu Responds to Multiple Master's Degree Holders Being Shortlisted as Brewers and Packers: Master's Degree Holders Have Greater Promotion Potential and Different Salaries
Recently, Shanxi Xinghuacun Fenjiu Group Co., Ltd. announced the list of shortlisted candidates for front - line production technical workers in 2026. In the list, more than 10 master's degree holders are shortlisted for the positions of brewers and packers, which has attracted public attention.
The recruitment staff said that as long as candidates meet the requirements of the recruitment announcement, those with secondary vocational school or master's degree can apply. The positions of brewers and packers in this public recruitment are indeed front - line positions with a considerable physical workload. However, both positions can be promoted according to the group's regulations. Master's degree holders definitely have much greater promotion potential, and there will also be salary differences for positions with different educational backgrounds. (Zonglan News)
Large Companies/ Major Events
Apple Raises the Price of MacBooks, with the New Generation of MacBooks Seeing a Maximum Increase of $400
On the evening of March 3rd, Apple continued to introduce new products through an official website update, launching new 14 - inch and 16 - inch MacBook Pro models equipped with the brand - new M5 Pro and M5 Max chips, as well as the MacBook Air equipped with the M5 chip. These products have been comprehensively upgraded in terms of performance, AI computing power, and storage.
In terms of pricing, the prices of all models in the series have increased to varying degrees. Among the MacBook Air series, the starting price of the 13 - inch model has been raised from $999 to $1099, and the starting price of the 15 - inch model has been raised from $1199 to $1299. The basic storage capacity has been doubled to 512GB simultaneously to mitigate the impact of the price increase. The price increase in the MacBook Pro series is more obvious. The starting price of the 14 - inch M5 Pro version has risen from $1999 to $2199, and the 16 - inch version has increased from $2499 to $2699. Among the high - end models with the M5 Max chip, the starting price of the 14 - inch model has risen to $3599, and the starting price of the 16 - inch model has increased from $3499 to $3899, with an increase of approximately 11.5%, or $400. (Jiemian News)
Lululemon Responds to the Sold - Out $80 Hair Ties: "All Sold Out"
Recently, a $80 hair tie from Lululemon has sparked heated discussions on social media. The official Lululemon store page shows that the trim of this logo - bearing hair tie is made of 100% zinc alloy, and the main body is made of 86% polyester and 14% spandex. A customer service representative from the Lululemon store said that this is a classic hair tie, very suitable for daily use. Recently, many consumers have been inquiring about this product, but it is currently sold out, and restocking will be done irregularly in the future.
On March 11th, a reporter contacted a clerk from the Lululemon store. The clerk said, "We're not sure when it will be restocked. Currently, this product is completely sold out. You can ask again in a few days to see if there are any new arrivals." When asked why this product is so popular, the clerk told the reporter that it is very durable. (Daxiang News)
IEA Member Countries Agree to Release 400 Million Barrels of Strategic Oil Reserves
IEA Executive Director Fatih Birol said on the 11th that IEA member countries have agreed to release 400 million barrels of strategic oil reserves to address the risk of global energy supply disruptions caused by the war in the Middle East. He said that this move aims to stabilize the global energy market and mitigate the impact of the escalating situation in the Middle East on oil supply and prices. (CCTV News)
Li Xiang Considers Repurchasing Some Hong Kong-listed Shares
It is learned from multiple independent sources that Li Xiang, the CEO of Li Auto, is recently considering repurchasing some shares of Li Auto in the Hong Kong stock market. The repurchase ratio and total amount are still under discussion. Since the beginning of 2026, many mid - and high - level executives of the company have left, including Zhang Xiao, the former head of the second product line; Chen Wei, the former head of the base model; Lang Xianpeng, the former head of intelligent driving; and Qin Dong, the former head of Soc. In addition, it is understood that Han Ling, the former head of intelligent driving products, officially left the company on March 9. (21st Century Business Herald)
Feishu CEO Xie Xin: Playing with AI agents personally is exploration, while using them in enterprises is a responsibility
36Kr learned that Xie Xin, the CEO of Feishu, posted an article saying that running agents on personal computers is completely different from using them in enterprises. The former is exploration, while the latter is a responsibility. If something goes wrong in a personal scenario, you can just start over. However, if something goes wrong in an enterprise scenario, it could result in file deletion or data leakage. Although the upper limit of an agent's capabilities is exciting, the lower limit of security determines whether it can truly enter the workplace. Otherwise, the more powerful it is, the more dangerous it becomes.
The three major U.S. stock indexes closed mixed, with Oracle rising more than 9%
36Kr learned that at the close on March 11, the three major U.S. stock indexes showed mixed performance. The Dow Jones Industrial Average fell 0.61%, the Nasdaq Composite rose 0.08%, and the S&P 500 Index fell 0.08%. Large technology stocks had mixed performances. Oracle rose more than 9%, Tesla rose more than 2%, and NVIDIA, Google, and Meta had small increases; Netflix fell more than 2%, and Amazon, Microsoft, and Apple had small declines. Most popular Chinese concept stocks fell. iQiyi and NIO fell more than 4%, Bilibili fell more than 3%, Tiger Brokers and NetEase fell more than 2%, and Pinduoduo fell more than 1%; Li Auto and XPeng Motors rose more than 2%, and JD.com rose more than 1%.
Thai Airways International Plans to Raise Ticket Prices to Cope with Soaring Fuel Costs
Thai Airways International, a state-owned airline in Thailand, will raise ticket prices by 10% to 15% to cover the sharply rising fuel costs. Rut Rugsumruad, the airline's chief financial officer, told investors at a video conference on Wednesday that the company still has room to raise fuel surcharges if oil prices climb further. (Sina Finance)
DingTalk customer service advises enterprises not to install Lobster
36Kr learned that on the 11th, the media consulted DingTalk customer service about issues related to "whether enterprises can use Lobster". The customer service stated that "without professional personnel taking relevant safety measures, it is not recommended for enterprise customers to directly use OpenClaw on work computers and in office environments."
Cudi Coffee Established Four New Companies in Suzhou on the Same Day
36Kr learned that according to the AiQicha App, on March 10, Cudi Management (Suzhou) Co., Ltd., Cudi Holdings (Suzhou) Co., Ltd., Cudi Technology (Suzhou) Co., Ltd., and Cudi Hotel (Suzhou) Co., Ltd. were established. The legal representatives of all these companies are Zhang Jun. The registered capitals are 100 million yuan, 10 million yuan, 10 million yuan, and 2 million yuan respectively. The scope of business includes equity investment, brand management, catering management, technical services, supply chain management, hotel management, accommodation services, etc. Shareholder information shows that all the above four companies are held by Cudi Coffee (Suzhou) Co., Ltd.
Xiaomi Cars: The Xiaomi YU7 Sold 20,196 Units in February
36kr learned that Xiaomi Cars released data showing that the Xiaomi YU7 sold 20,196 units in February 2026.
Ma Huateng Voiced at 2 a.m.: A Batch of Lobster - Series Products Are on the Way
Ma Huateng, the Chairman and CEO of Tencent, reposted a WeChat official account article about Tencent's launch of a full - range "Lobster" product matrix at 2:06 a.m. on the 11th in his WeChat Moments, with the caption "Self - developed lobsters, local lobsters, cloud lobsters, enterprise lobsters, cloud desktop lobsters, secure and isolated lobster rooms, cloud security guards, knowledge bases... A batch of products are on the way." On the 10th, Tencent announced that the "Lobster" matrix includes the Tencent - version "deployment - free crayfish" WorkBuddy, the in - beta QClaw, Tencent Cloud Lighthouse, etc. On the 11th, Tencent's stock price opened higher, and its market value returned to HK$5 trillion. (Yicai Global)
Organization: It is estimated that the penetration rate of CPO in optical communication modules of AI data centers will grow year by year and may reach 35% in 2030
36Kr learned that according to the latest high-speed interconnection market research by TrendForce, the architecture of NVIDIA's next-generation AI computing power cabinet shows that the focus of future GPU design will shift to higher-density chip interconnection and higher-speed data transmission. In-cabinet chip interconnection (Scale-Up) and large-scale inter-cabinet interconnection (Scale-Out) will become the core issues in planning data centers. The traditional electrical transmission solution using copper cables cannot meet the demand for ultra-large-scale data transfer due to physical limitations, so the optical transmission solution has gained development space. TrendForce estimates that the penetration rate of CPO (Co-Packaged Optics) in optical communication modules of AI data centers will grow year by year and may reach 35% in 2030.
Elon Musk Says X Money Will Begin Early Public Testing Next Month
Elon Musk said on Tuesday that X Money, the digital payment system of the social media platform, will open for early public access next month. The billionaire is pushing to turn X into a "super app." This move comes as the CEO of Tesla hopes to leverage the platform's large user base and the growing trend of digital and in-app financial transactions to create new revenue streams for X. (Sina Finance)
Apple's First Foldable Phone is Coming, Stocks in the Industry Chain React
On March 10th, stocks in the Apple industry chain rose significantly. Among them, Dongshan Precision, Aohai Technology, Yuhuan CNC and others hit the daily limit, while Lante Optics, Baibang Technology, Guangda Tongchuang and others rose more than 10%. Recently, the 3D CAD renderings of Apple's first foldable phone, the iPhone Fold, were exposed on the Internet, attracting wide market attention. There are more than 110 foldable phone concept stocks in the A-share market. Among them, concept stocks such as Lingyi Precision, Megmeet, and Jingce Electronics are unanimously predicted by institutions to have a net profit growth rate of over 30% in the next two years. (Securities Times)
Tencent Reportedly Secretly Launches WeChat AI Agent Project, Targeting Alibaba and ByteDance
On March 10, foreign media reported that Tencent is secretly developing a new artificial intelligence agent for its popular WeChat messaging app, aiming to outperform competitors such as Alibaba Group and ByteDance in the domestic artificial intelligence market in China. According to relevant reports, citing four people familiar with the matter, this project could significantly expand the scope of application of artificial intelligence agents in China. Such agents can perform tasks on behalf of humans, and WeChat has long been deeply integrated into people's daily lives. This new intelligent agent will connect millions of mini - programs running within WeChat that offer a wide range of services, covering many areas from booking taxis to ordering groceries. (Sina Tech)
BMW Appoints Raymond Wittmann as New Head of Production
On March 11, a statement showed that the Supervisory Board of the BMW Group has appointed Raymond Wittmann as a new member of the Management Board. He will assume office on May 13 and be responsible for the production business. (Jiemian News)
JPMorgan Chase Lowers Valuation of Private Credit Group's Loan Portfolio
According to the Financial Times citing people familiar with the matter, JPMorgan Chase has notified several private credit institutions that it will lower the valuation of some loans in its investment portfolio. These loans are the collateral used by the relevant funds when financing from the bank. This move will limit the scale of loans that JPMorgan Chase can issue to private credit institutions in the future using these loans as collateral. The loans with the lowered valuation are mainly invested in software companies. JPMorgan Chase has tightened its lending to private credit institutions. JPMorgan Chase declined to comment on this. (Sina Finance)
Jensen Huang: Trillions of dollars more need to be invested in AI infrastructure
On Tuesday (the 10th) Eastern Time in the United States, Jensen Huang, the CEO of NVIDIA, rarely published a long blog post titled "AI is a five layer cake" in his personal capacity, and wrote, "We've just begun this construction. We've already invested hundreds of billions of dollars. There are still trillions of dollars' worth of infrastructure to be built." Huang wrote, "Artificial intelligence is one of the most powerful forces shaping the world today. It's not just a smart application or a single model; like electricity and the Internet, it's an indispensable infrastructure." "Globally, we're witnessing the construction of chip factories, computer assembly plants, and AI factories on an unprecedented scale. This is becoming the largest infrastructure construction wave in human history," he added. (Sina Finance)
Tesla's Vice President of Finance, Sendil Palani, to Leave
Sendil Palani, the vice president of finance at Tesla, is set to leave the company after 17 years of service. As Elon Musk leads the company further from the automotive sector towards autonomous driving and robotics, another executive has been added to the list of departures. Palani is one of the last remaining leaders at Tesla who held senior positions during the pre - IPO era. His departure has exacerbated the talent drain across almost all key business areas in the past two years. (Sina Finance)
Sony Faces a $2.7 Billion Lawsuit in the UK Over PlayStation Store Pricing
Sony is facing a lawsuit worth nearly £2 billion (approximately $2.7 billion) in London. The case alleges that the PlayStation maker used its monopoly position to inflate the prices of digital games. This is the latest large - scale consumer class - action lawsuit to enter the trial stage in the UK. The case is being heard by the Competition Appeal Tribunal (CAT) in London and was filed on behalf of around 12 million consumers in the UK. It is the third case against a large - tech company to enter the trial stage since early 2025. (Sina Finance)
Going Public in Progress
PayPay
According to people familiar with the matter, due to the tense situation in the Middle East market, the initial public offering (IPO) pricing of PayPay, a subsidiary of SoftBank, may be near the lower end of the target range. One source said that the subscription multiple of the IPO of this Japanese payment app operator has exceeded five times. The source added that the book-building process has ended, and the pricing will be finalized after the trading hours of the U.S. market on Wednesday. (Sina Finance)
The Cutting Edge of AI
Zhipu Launches the "National Lobster Deployment Plan"
36Kr learned that Zhipu announced the launch of the "National Lobster Deployment Plan". Users can install the computer version of the lobster product "AutoClaw Australian Lobster" with one click. The company will provide lobster installation services for local governments, enterprises, universities, etc. that are interested in lobsters. At the same time, it is recruiting technology enthusiasts and KOLs from all over the country to join the "Lobster Evangelist" program, and the company will provide relevant AI models and OpenClaw training.
Tencent Launches "China-Exclusive" SkillHub
36Kr learned that on March 11th, Tencent announced the launch of SkillHub, an AI Skills community optimized specifically for Chinese users. It is a localized supporting service platform built on the official open - source ecosystem of OpenClaw. It is fully compatible with the entire skill ecosystem of the official community and can provide supporting service support for the implementation of the official ecosystem in China without modifying the official open - source content. To address the pain points of Skill installation for AI Agent tools such as OpenClaw, it provides core functions such as high - speed download, curated lists, and Chinese search.
Supercomputing Internet to Distribute 10 Million Tokens for Free to OpenClaw Users
36Kr learned that on March 11th, the National Supercomputing Internet announced that it would distribute 10 million Tokens for free to all OpenClaw users on the platform, with a time limit of 2 weeks. On the same day, the Supercomputing Internet also announced the repurchase price of OpenClaw Tokens, which is 0.1 yuan per million Tokens.
OpenAI Plans to Integrate Video Generation Tool Sora into ChatGPT
According to people familiar with the matter on Tuesday, OpenAI plans to integrate its AI video generator Sora into the ChatGPT platform. This strategic shift will expand OpenAI's layout in the field of multimodal AI technology, which is expected to increase the usage rate of OpenAI's chatbot by users, but it will also increase costs. It is estimated that from now until 2030, its inference costs will exceed $225 billion. (Caixin)
Meta Acquires AI Agent Social Platform Moltbook
Meta Platforms, the parent company of Facebook, announced on Tuesday that it has acquired Moltbook, a social platform specifically designed for artificial intelligence agents (AI agents). The founder of this platform will join Meta's artificial intelligence research department. After this transaction, Matt Schlicht and Ben Parr, co-founders of Moltbook, will join Meta Superintelligence Labs, which is led by Alexandr Wang, the former CEO of Scale AI. (Sina Finance)
Financial Reports of Large Companies
Porsche: In 2025, the operating revenue was 36.27 billion euros, and the sales profit was 413 million euros
36Kr learned that according to Porsche, in 2025, the group's operating revenue reached 36.27 billion euros, the sales profit was 413 million euros, and the return on sales was 1.1%. In 2025, Porsche delivered 279,500 new cars globally, a year-on-year decrease of 10.1%, of which pure - electric vehicles accounted for 22.2%. The company's operating revenue reached 36.27 billion euros, the sales profit was 413 million euros, and the return on sales was 1.1%. Currently, the net cash flow of Porsche's automotive business is 1.51 billion euros.
Fuliwang: Net profit in Q1 is expected to increase by 183.84% - 254.81% year-on-year
36Kr learned that Fuliwang announced that it expects the net profit attributable to shareholders of the listed company in the first quarter of 2026 to be between 40 million yuan and 50 million yuan, a year-on-year increase of 183.84% to 254.81%. The company's performance growth in this period is mainly due to the increase in operating income of the 3C consumer electronics business, which drives up the net profit. At the same time, with the improvement of operational efficiency and continuous release of production capacity, Nantong Fuliwang, a subsidiary of the company, has achieved break - even and its business situation is gradually improving.
Bear Electric Appliance: Revenue Reached 5.235 Billion Yuan in 2025, a Year-on-Year Increase of 10.02%
36Kr learned that Bear Electric Appliance released its 2025 performance report. The report shows that in 2025, the total operating revenue was 5.235 billion yuan, a year-on-year increase of 10.02%; the total profit was 515 million yuan, a year-on-year increase of 43.75%; and the net profit attributable to shareholders of the listed company was 401 million yuan, a year-on-year increase of 39.17%.
Laopu Gold: Net profit in 2025 is expected to increase by 226% to 233% year-on-year
36Kr learned that Laopu Gold announced that its sales performance (tax-inclusive revenue) in 2025 is expected to be approximately RMB 31 billion to RMB 32 billion, a year-on-year increase of about 216% to 227% compared with 2024; revenue is expected to be approximately RMB 27 billion to RMB 28 billion, a year-on-year increase of about 217% to 229% compared with 2024; net profit is expected to be approximately RMB 4.8 billion to RMB 4.9 billion, a year-on-year increase of about 226% to 233% compared with 2024.
Cool Products
Honor Magic V6 Released, Starting at 8,999 Yuan
36Kr learned that on March 10, Honor Magic V6 was officially released, with a starting price of 8,999 yuan. It is understood that thanks to the new-generation Qinghai Lake blade battery technology, this product has brought the battery capacity of foldable screen mobile phones into the 7000+ mAh era for the first time.
Investment and Financing
Cathay Capital Leads $1.03 Billion Seed Round Financing for AMI Labs
On March 10th, AMI Labs officially announced the completion of a seed round financing of approximately $1.03 billion, which is the largest seed round in European history. This round of financing was jointly led by Cathay Innovation Fund under Cathay Capital, Greycroft, Hiro Capital, HV Capital, and Jeff Bezos Expeditions. Meanwhile, Temasek, NVIDIA, Toyota Ventures, Samsung, Bpifrance Digital Venture, the digital venture capital arm of the French National Investment Bank, Eric Schmidt, Tim Berners - Lee, etc. participated in the investment.
NVIDIA to Invest $2 Billion in Nebius
NVIDIA and Nebius have announced a strategic partnership to jointly develop and deploy the next-generation hyperscale cloud platform for the artificial intelligence market, serving a wide range of clients from AI-native startups to traditional enterprises. Additionally, NVIDIA will invest $2 billion in Nebius. (Jiemian News)
AI Landscape
The AI Map, guiding you to interpret the latest and fastest AI news. "Lobster" has been upgraded, with two major versions released overnight.