8 o'clock Latest News: Anthropic Secures $65 Billion in Financing, Valued at $96.5 Billion, Surpasses OpenAI for the First Time; Chow Tai Fook Fined for Selling Substandard Sterling Silver Bracelets; Huang Renxun Joins Tsinghua University as Advisor to School of Economics and Management

Artificial intelligence company Anthropic PBC raised $65 billion in a new round of financing, with a post-investment valuation reaching $965 billion, surpassing its competitor OpenAI for the first time.

Today's Hot Topics Guide

Can you place an order to rent land for vegetable planting on the Hema APP? Customer service: It's currently in a small-scale pilot.
Dreame responds to "The agency quotes 4,980 yuan a day for a face-to-face communication with Dreame's core executives."
JD.com: It will train 100,000 engineers in the next five years.
Li Bin, CEO of NIO: Due to the rising raw material prices, the overall vehicle cost has increased by about 10,000 yuan.
Cryptocurrencies have collectively declined, and over 160,000 people have been liquidated in the past 24 hours.

Top 3 Big News

After a new round of financing, Anthropic's valuation reaches $965 billion, surpassing OpenAI. It is expected to proceed with its IPO as originally scheduled.

The artificial intelligence company Anthropic PBC raised $65 billion in a new round of financing, and its post - investment valuation reached $965 billion, surpassing its competitor OpenAI for the first time. This round of financing was announced on May 28 and was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital. People familiar with the matter said that each leading investor contributed more than $2 billion. Sequoia Capital declined to comment. The other three companies did not respond to requests for comment. (Sina Finance)

Zhou Dafu Fined for Selling Substandard Sterling Silver Bracelets

Recently, an administrative penalty notice released by the Shenzhen Market Supervision and Administration Bureau shows that Zhou Dafu Jewelry Co., Ltd. (hereinafter referred to as "Zhou Dafu") was fined nearly a thousand yuan for producing and selling substandard sterling silver bracelets in a random inspection. The relevant penalty information shows that in May 2026, Zhou Dafu was punished by the Luohu District Regulatory Bureau of the Shenzhen Market Supervision and Administration Bureau. The reason for the penalty was a product (commodity) quality violation; the penalty result was a fine of 739.75 yuan and the confiscation of illegal income of 231.17 yuan.

It is understood that Zhou Dafu has not touched the regulatory red - line for the first time. On November 17, 2025, the company was investigated and punished for unfair competition behavior of improper prize - winning sales and was fined 50,000 yuan. The document number of the penalty decision is Shenshi Jianluo Punishment [2025] Price Public No. 12. (21st Century Business Herald)

British Media: Jensen Huang to Join the Advisory Board of Tsinghua University's School of Economics and Management

On May 28, according to the UK's Financial Times, Jensen Huang, CEO of NVIDIA, has agreed to join the Advisory Board of the School of Economics and Management at Tsinghua University. According to two people familiar with the matter, Huang has accepted the invitation from the School of Economics and Management at Tsinghua University to join its advisory board. Currently, the chairman of the board is Tim Cook, CEO of Apple. (ifeng.com)

Large Companies/ Major Events

Claude Opus 4.8 is Launched

Early in the morning on May 29th, Anthropic officially released the latest generation of large model, Claude Opus 4.8. Anthropic stated that the new model is built on the basis of Opus 4.7, with sharper judgment, higher "honesty" about its own progress, and capable of working independently for a longer time than the previous generation model.

As the flagship model with the largest parameters in the Claude model series, Claude Opus 4.8 has improvements in various benchmark tests, aiming to become a more efficient collaborative partner for you. Anthropic said that the new model has been launched as of now, and the API price remains unchanged. The price for input tokens is still $5 per million, and the price for output tokens is $25 per million. The price in Fast Mode is only one-third of the previous price; the price for input tokens is $10 per million, and the price for output tokens is $50 per million. After the release of Opus 4.8, platforms such as Cursor also immediately launched this model. (Machine Intelligence)

Ministry of Commerce Responds to Progress of China-US Tariff Negotiations: The Economic and Trade Teams of the Two Sides Will Agree on Specific Arrangements and Promote Implementation as Soon as Possible

He Yadong, the spokesperson of the Ministry of Commerce, responded to a question about the progress of China-US tariff negotiations at a regular press conference on May 28. He said that tariffs have always been one of the key issues in China-US economic and trade relations. Under the strategic guidance of the leaders of the two countries, the economic and trade teams of China and the United States have had in-depth communication on tariff issues and made arrangements for relevant bilateral tariffs. I would like to reiterate that we hope the US side will honor its commitments and create positive conditions for the two sides to expand economic and trade cooperation. At the same time, the two sides have in principle agreed to discuss the framework arrangement for reciprocal tariff cuts on products of the same scale under the Trade Council, with a scale of US$30 billion or more each. The economic and trade teams of the two sides will maintain close communication, agree on specific arrangements and promote implementation as soon as possible. (Xinhua News Agency)

Can you place an order to rent land for vegetable planting on the Hema APP? Customer service: It's currently in a small-scale pilot phase

Recently, many netizens posted on social platforms, saying that they could place an order to rent vegetable plots on the Hema platform, and jokingly called it the "real-life version of QQ Farm". This incident has attracted significant attention. On May 28th, Jiemian News checked the Hema APP and found that the platform has launched two specifications of "Shanghai Shared Vegetable Gardens" in the Shanghai area. Among them, the annual rental price for a 20-square-meter plot is 1,298 yuan, and the price for a 30-square-meter plot is 1,598 yuan.

The product page shows that the above plots are located at Luhai Farm, Xinfeng Village, Chonggu Town, Qingpu District, Shanghai. After purchase, users can obtain one-year usage rights to the vegetable garden, including the right to name it, the right to cultivate and pick, and the right to manage. For consumers, the vegetables produced in the garden can be picked for their own consumption. In addition, they can experience the entire agricultural process from sowing, watering, fertilizing and caring to harvesting. Besides Shanghai, Jiemian News also searched for information about "shared vegetable gardens" in Beijing and Shenzhen on Hema. Currently, this project has not been launched in these two cities.

Regarding the promotion scope of the "shared vegetable garden", Hema's customer service told Jiemian News that the project is currently in a small-scale pilot phase, and the specific cities and stores where it will be available will be gradually expanded according to the situation. The customer service said that the main purpose of this project is to allow consumers to personally experience the fun of farming and advocate a natural and sustainable planting lifestyle. The experience will be continuously optimized in the future. (Jiemian News)

Futu and Changqiao Clean Up Accounts Opened with False Proof Materials and Empty Accounts

After the China Securities Regulatory Commission cracked down on illegal cross-border securities business, Yicai has learned that recently, both Futu and Changqiao have carried out cleanup work for accounts opened with false proof materials and empty accounts without assets or positions, and have closed these two types of accounts. Meanwhile, reporters noticed that the Futu Niuniu App has added a new shortcut entry for "Update Identity Information" in the "Account" section, and is equipped with a "Note on Identity Information Update", which reminds customers that if they hold valid overseas identity documents, after completing the information update, all businesses and functions including account trading, fund deposit and withdrawal will not be affected in any way. (Yicai)

Shuanghui Apologizes After Subsidiary's Pork Found to Have 37 Times Excess Antibiotics

On May 28, Henan Shuanghui Investment & Development Co., Ltd. issued an apology statement, saying: Recently, the Market Supervision and Administration Bureau of Heilongjiang Province announced that the lincomycin residue in the pork hams produced by Wangkui Shuanghui Beidahuang Food Co., Ltd. exceeded the standard. We deeply apologize for the trouble this incident has brought to consumers and the general public! The company immediately established a special working group and rushed to Wangkui Shuanghui Beidahuang Food Co., Ltd. to cooperate with government departments in a comprehensive investigation. "Next, the company will strengthen source control at all pig slaughterhouses under Shuanghui Development, increase the frequency of testing, and improve the full - chain traceability management. We welcome supervision from all sectors of society."

According to previous reports, recently, the results of food safety supervision and sampling inspections released by the Market Supervision and Administration Bureau of Heilongjiang Province showed that a batch of pork products produced by Wangkui Shuanghui Beidahuang Food Co., Ltd. failed the sampling inspection, and the subsequent product risks have attracted attention. The sampling inspection notice shows that the unqualified sample is the pork ham produced by the company. The production date of the product is August 27, 2025, and the sample was taken from the Minghu branch of Heilongjiang Bilin Youxuan Chain Supermarket. After testing, the lincomycin residue in this batch of products is 7.70×10³μg/kg, while the standard value is ≤200μg/kg, exceeding the standard by 37.5 times. (Jiemian News, Sina Finance)

A subsidiary of CATL officially begins discussions on cooperation with the senior management of Zhangxue Motorcycle

People familiar with the matter revealed that XinNengAn and Zhangxue Motorcycle have started discussions on specific cooperation plans. Zhang Xue, the founder of Zhangxue Motorcycle, and Lin Xiaojing, the president of XinNengAn's Miniature Vehicle Business Unit, attended the negotiation and exchange of this plan. Previously, XinNengAn released a video themed "Zhangxue Motorcycle × XinNengAn". As a lithium - battery company jointly established by CATL and ATL, XinNengAn focuses on energy storage, short - distance travel, power tools, drones, cleaning tools, and the field of general robots. (Jiemian News)

ST Sleepace: The company and its controlled subsidiaries are involved in major lawsuits with a cumulative involved amount of 871 million yuan

On May 28th, ST Sleepace announced that on March 28th, it disclosed that 100 million yuan of funds in the bank account of its controlled subsidiary, Xitu Technology, had been illegally transferred. This matter originated from the external financing - related debts of the actual controller, Chen Ayu, the controlling shareholder and its affiliated parties, and was transferred by their creditors. The company reported the case to the public security organs on March 26th and took protective freezing measures on the relevant risky bank accounts, with a total frozen amount of approximately 900 million yuan. Recently, the company received a civil lawsuit filed by the creditors involved in the above - mentioned matter, with the company and others as the borrowing entities. After verification, the relevant matters did not go through the company's internal control approval, and the statutory review and decision - making procedures of the board of directors and the shareholders' meeting. The involved amount in this case is 308 million yuan. Combining with the involved amount of the relevant cases disclosed on May 12th, the cumulative involved amount is 871 million yuan. All the above - mentioned relevant cases are in the stage of case filing and acceptance and have not been heard in court. The criminal investigation work of the public security organs is also in progress. The impact of the relevant cases on the company's profits is uncertain, and the actual impact shall be subject to the final judgment or ruling of the court. (Jinshen Data)

Dreame Responds to "An Institution Offers a One - day Package for 4,980 Yuan to Have a Face - to - Face Conversation with Dreame's Core Executives"

Recently, the topic of "Dreame Research Tours" has attracted much attention, which has also led to a large number of third - party institutions trying to make profits. Some institutions claim that for 4,980 yuan per day for a Dreame research tour, participants can have a "face - to - face" conversation with core executives. Dreame Technology told LanJing News that the company has never authorized any third - party institutions to carry out paid commercial research tour projects. All paid enrollment and research tour quotation activities with a Dreame theme launched by non - official Dreame ecological entities are unauthorized commercial violations. Regarding the selling point of "face - to - face conversation with core executives" promoted by some institutions, Dreame also stated that "it has not authorized any third - party platforms or individuals to organize external visits or research tours in the form of paid groups." (LanJing News)

JD.com: Train 100,000 Engineers in the Next 5 Years

On May 28th, Jiemian News learned that JD.com plans to train 100,000 engineers in the next 5 years, covering various services such as robots and after - sales maintenance of smart home products. JD.com said that it has reached in - depth cooperation with most leading robot companies in the industry. Recently, it also reached a strategic cooperation with a leading domestic robot application platform to jointly build a robot after - sales service system. (Jiemian News)

NIO CEO Li Bin: The raw material prices have risen, and the cost of a whole vehicle has increased by about 10,000 yuan

36Kr learned that on May 28th, during the "NIO ES9 Media Face-to-Face" communication, NIO CEO Li Bin mentioned that since the beginning of this year, the prices of raw materials such as nickel, cobalt, and lithium carbonate have risen, and the cost of a single vehicle has increased by more than 10,000 yuan. Li Bin mentioned that products related to bulk commodities and memory chips not only affect the automotive industry but also industries that are growing more rapidly and have more capital. Therefore, automobile manufacturers have little bargaining power. Since the beginning of this year, the price of memory has not dropped after the increase, and the cost increase brought by raw materials is also difficult to decline in the short term. These costs have to be absorbed by the enterprises themselves.

Is LG looking to buy out Hisense's TV business? Industry insider: Normal communication, other claims are speculation

On May 28th, in response to rumors that LG Electronics executives recently coordinated and negotiated business restructuring plans with Hisense executives, including the possibility of selling LG's TV business unit, an industry insider close to Hisense said that communication between enterprises is normal, and other claims are just speculation. At the end of March this year, TCL Electronics signed an agreement with Sony to establish a joint venture to take over Sony's home entertainment electronic hardware businesses such as TVs and audio systems, and TCL Electronics will hold the controlling stake. Previously, Hisense had acquired Toshiba's TV business. Industry insiders predict that the share of Chinese enterprises in the global TV market will further increase in the future. Zhang Bing, an analyst at Omdia for consumer electronics, believes that it is unlikely for Hisense to acquire LG's TV business, as LG Electronics ranked second in global color TV industry revenue in 2025, second only to Samsung; LG's TV shipments ranked fourth last year, behind Samsung, TCL, and Hisense. "It is not ruled out that LG Electronics may share resources and cooperate with Chinese contract manufacturers and brand manufacturers in the TV supply chain." (Yicai Global)

Cryptocurrencies experience a collective decline, with over 160,000 people liquidated in the past 24 hours

On May 28th, Bitcoin oscillated and declined, successively breaking through the thresholds of $74,000 per coin and $73,000 per coin. As of press time, it was reported at $72,993 per coin, with a decline of over 3.4%. The cryptocurrency market witnessed a collective decline. As of press time, the decline of HYPE coin, ZEC coin, etc. exceeded 5%, and the decline of Ethereum, SOL coin, XRP coin, etc. exceeded 3%. According to Coinglass data, in the past 24 hours, over 160,000 people in the cryptocurrency market were liquidated, with a total liquidation amount of $959 million. Among them, the liquidation amount of long positions was $900 million, and the liquidation amount of short positions was $61.306 million. (China Fund News)

The three major U.S. stock indexes closed higher collectively, and most popular Chinese concept stocks fell

36Kr learned that at the close on May 28, the three major U.S. stock indexes rose collectively. The Dow Jones Industrial Average rose 0.05%, the S&P 500 Index rose 0.58%, and the Nasdaq Composite Index rose 0.91%. Large technology stocks generally rose. Microsoft rose more than 3%, while NVIDIA, Amazon, Tesla, and Apple rose slightly. Most popular Chinese concept stocks fell. Pinduoduo fell more than 4%, NIO fell more than 3%, JD.com fell more than 2%, Alibaba, Bilibili, and Li Auto fell more than 1%, iQiyi rose more than 6%, and Baidu rose more than 1%.

NASA Officially Announces Lunar Base Construction Plan

The National Aeronautics and Space Administration (NASA) officially announced the first - phase plan for lunar base construction on May 27 local time. It hopes to achieve manned lunar landing again as soon as 2028 and establish a permanent lunar base in the 2030s for astronauts to live and work there in the long term. "The United States is returning to the moon," said NASA Administrator Jared Isaacman. He added that NASA will draw on the experience of the first human lunar landing mission in 1969, but this time the goal is long - term stay. He said that this $20 - billion project will be implemented in three phases, including launching unmanned and manned missions to the moon and transporting various equipment, vehicles and infrastructure.

Isaacman also said that building a permanent lunar base is the core of NASA's "Artemis" program, which included last month's historic lunar flyby mission. (Yicai Global)

Guo Mingji: MediaTek may become a partner of Terafab and is expected to produce chips for Musk in 2028

Analyst Guo Mingji said in a post that among several ASIC manufacturers, MediaTek is more likely to become a partner of Terafab. MediaTek will fully support the introduction and production of Intel's 14A advanced manufacturing process and advanced packaging. It is expected to start small - scale production of essential chips for Musk's IC design team in 2028. (Caixin Press)

Forbes Midas List Released: Neil Shen of Sequoia China Ranks Second Globally

36Kr learned that on May 27th, Forbes magazine released the 2026 Global Midas List of the world's top venture capitalists. Neil Shen, the founding and executive partner of Sequoia China, ranked second globally. Since his first appearance on the Midas List in 2012, Neil Shen has been on the list for 15 consecutive years, ranking first four times, including three consecutive years from 2018 to 2020. Zhou Kui, a partner at Sequoia China, was also included again, ranking 65th. This makes Sequoia China the only Chinese investment institution with two investors on the list this year.

Bayer Sued for Alleged Monopoly in the U.S. Genetically Modified Corn Seed Market

On May 27 local time, it was reported that Bayer is facing a proposed class - action lawsuit filed in the U.S. District Court for the Eastern District of Missouri. The lawsuit alleges that the company engaged in anti - competitive practices in the genetically modified corn seed market. The lawsuit claims that after the patent expired in 2022, Bayer prevented independent seed companies from using its genetically modified germplasm to develop competitive generic products related to the NK603 trait. Reports indicate that almost all genetically modified hybrid corn seeds in the United States carry Bayer's NK603 trait, and about 92% of the corn - planted area uses herbicide - tolerant seeds, highlighting Bayer's significant influence in the market. Bayer stated that these accusations are baseless and will respond through legal channels. (Jiemian News)

The Cutting - Edge of AI

Alibaba's Speech Large Model Ranks First Among Domestic Models and Fifth Globally on Speech Arena

36Kr learned that on May 28th, on the Speech Arena, the global authoritative AI evaluation platform Artificial Analysis's voice ranking list, Alibaba's speech large model Fun-Realtime-TTS-Preview ranked fifth globally and first among domestic models with an Elo score of 1190. It won the first place nationwide in all three tracks: ASR (converting speech to text), Chat (end-to-end speech understanding and dialogue), and TTS (converting text to speech).

Tencent Launches AI Creative Agent Miora

36Kr learned that on May 28th, Tencent announced at the Hong Kong Cloud Day that the international version of the full-scenario creative agent studio, Tencent Design Miora, has opened for invitation-only testing. It is equipped with multiple mainstream visual models at home and abroad and supports the generation of various modalities of content such as AI-generated pictures, videos, UI/UX, and 3D. Currently, users can experience it through an invitation code.

Meituan Unveils First AI Solution "Morning Glory Claw" Exclusive for Instant Retail Merchants

36Kr learned that on May 27th, Meituan launched the industry's first all - domain AI solution, "Morning Glory Claw". Aiming at the three pain points of merchants, namely "high cost of multi - store management", "difficulty in refined operation", and "low level of business strategies", it provides a comprehensive package of "AI services + AI systems" solutions, offering services to instant retail merchants, brands, and all participants in the upstream and downstream of the industrial chain across the entire industry.

Zuckerberg Says Meta Is Considering Entering the Cloud Computing Market

Mark Zuckerberg, the CEO of Meta, said that if his company spends too much on data centers and results in an excess of computing power, it may enter the cloud computing market. "It's definitely under consideration," Zuckerberg said during Meta's annual general meeting on the 27th local time when answering a question about whether the company would compete with Amazon and Microsoft in the cloud computing field. (Sina Finance)

Meta Plans to Establish New Department to Customize AI Services for Enterprise Customers

Meta executive Naomi Gleit said that Meta plans to establish a new department to customize artificial intelligence services for enterprise customers. The new organization will be named Enterprise Solutions and will consist of product managers and engineers. The memo released last week did not specify the specific products and services that the team will promote. A Meta spokesperson said that the department will focus on helping enterprise customers smoothly integrate Meta's AI tools and "establish reusable operating plans and tools in the process so that relevant work can be scaled up over time." (Sina Finance)

Going Public

Changxin Technology, the leading domestic memory company, has passed the IPO review, and the valuation logic of the storage industry has changed

On May 27th, as one of the "twin stars" of domestic storage, Changxin Technology's IPO on the Science and Technology Innovation Board passed the review of the Shanghai Stock Exchange Listing Committee. The company plans to raise 29.5 billion yuan in its IPO, setting a record for the largest planned fundraising amount in a Science and Technology Innovation Board IPO. Recently, a reporter from Securities Times visited Changxin Technology's Hefei factory. Construction vehicles were coming and going frequently, and semiconductor industry chain enterprises providing supporting equipment, materials, etc. were highly concentrated around the factory. Under the evolution of the super cycle of the storage industry, the internal profit margins of memory products have been inverted. The profit margin of general - purpose DDR products has exceeded that of high - end HBM products. Micron Technology, a storage giant, has recently restarted the production of the previous - generation DDR4 memory. As storage is regarded as a key infrastructure for AI computing power, foreign institutions have started to use the growth - stock valuation method for international storage giants, and the industry may witness a reconstruction of the valuation logic. (Securities Times)

After a new round of financing, Anthropic's valuation reaches $965 billion, surpassing OpenAI. It is expected to proceed with its IPO as originally scheduled.

Artificial intelligence company Anthropic PBC raised $65 billion in a new round of financing, and its post - investment valuation reached $965 billion, surpassing its competitor OpenAI for the first time. This round of financing was announced on May 28 and was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital. People familiar with the matter said that each leading investor contributed more than $2 billion. Sequoia Capital declined to comment. The other three companies did not respond to requests for comment. (Sina Finance)

Senovo Medical: Submitted Application for H-Shares Issuance and Listing to the Hong Kong Stock Exchange and Published Application Documents

36Kr learned that Senovo Medical announced that on May 27, 2026, the company submitted an application to The Stock Exchange of Hong Kong Limited (hereinafter referred to as the "Hong Kong Stock Exchange") for the issuance of foreign shares for overseas listing (H-shares) and listing on the Main Board of the Hong Kong Stock Exchange (hereinafter referred to as the "Issuance and Listing"), and published the application documents for the Issuance and Listing on the website of the Hong Kong Stock Exchange on the same day.

The IPO review status of Shanghai Haihe Pharmaceutical R & D Co., Ltd. has changed to "Accepted".

36Kr learned that according to the Shanghai Stock Exchange, the IPO review status of Shanghai Haihe Pharmaceutical R & D Co., Ltd. has changed to "Accepted".

Financial Reports of Large Companies

Weibo: Total revenue in the first quarter was $421.3 million, a year-on-year increase of 6%

36Kr learned that on May 28th, Weibo released its financial report for the first quarter of 2026. The financial report shows that in the first quarter, Weibo's total revenue was $421.3 million (equivalent to approximately RMB 2.901 billion), a year-on-year increase of 6%. Among them, advertising revenue was $369.8 million (equivalent to approximately RMB 2.544 billion), a year-on-year increase of 9%. The adjusted operating profit in the first quarter was $119.8 million (equivalent to approximately RMB 818 million), and the adjusted operating profit margin reached 28%. In terms of users, as of the end of the first quarter, Weibo's monthly active users reached 562 million, and daily active users reached 254 million.

HP: Adjusted Earnings per Share in the Second Fiscal Quarter Increased by 21.1% Year-on-Year

HP announced its financial results for the second quarter of fiscal year 2026 on May 27. The net revenue in the second fiscal quarter was $14.4 billion, representing a 9.0% increase compared to the same period last year. The diluted earnings per share under non - US Generally Accepted Accounting Principles (Non - GAAP) was $0.86, a 21.1% increase compared to the same period last year. The company expects that the non - GAAP diluted earnings per share in the third fiscal quarter will be between $0.61 and $0.71. (Jiemian News)

XPeng Motors: Q1 Revenue Reached 13 Billion Yuan, a 17.6% Year-on-Year Decrease

36Kr learned that XPeng Motors released its financial report for the first quarter of 2026. The report shows that the revenue in the first quarter was 1.303 billion yuan, a 17.6% year-on-year decrease; the net loss in the first quarter was 1.78 billion yuan, compared with a loss of 660 million yuan in the same period last year; the gross profit margin was 20.6%. XPeng Motors expects its revenue in the second quarter to be between 19.6 billion and 20.8 billion yuan. In addition, the total vehicle delivery volume in the first quarter of 2026 was 62,682 units, a 33.3% year-on-year decrease; it is expected that the vehicle delivery volume in the second quarter will be between 100,000 and 106,000 units.

Topsports Releases FY2025/26 Financial Results: Revenue Reaches 25.74 Billion Yuan

36Kr learned that on May 27th, Topsports released its full - year financial results for FY2025/26. The announcement shows that from March 1st, 2025, to February 28th, 2026, Topsports achieved an operating revenue of 25.74 billion yuan, a net profit of 1.27 billion yuan, and had bank balances and cash of 2.07 billion yuan, maintaining a sufficient level. As of the end of the fiscal year, the number of Topsports' partner brands has exceeded 20, and the user scale has reached 92.9 million.

Futu Holdings: Q1 Revenue Reached HK$5.856 Billion, Up 24.7% Year-on-Year

36Kr learned that Futu Holdings released its Q1 2026 earnings report. The report shows that the revenue in Q1 was HK$5.85599 billion, a year-on-year increase of 24.7%. The revenue in the same period of the previous year was HK$4.695 billion. The net profit was HK$830.985 million, a year-on-year decrease of 61.2%. The net profit in the same period of the previous year was HK$2.143 billion. The non-GAAP adjusted net profit in Q1 decreased by 58.5% year-on-year. Futu Holdings said that the total proposed regulatory fines were about RMB 1.85 billion, which have been accrued in the Q1 financial report.

Investment and Financing

The overseas crowdfunding of the makera Z1 desktop CNC by Creation Era has exceeded 80 million yuan

36Kr learned that Creation Era has launched the desktop CNC product makera Z1, which will have its global exclusive premiere on JD.com. This product is equipped with the self - developed cross - platform CAM software Makera Studio, which enables automatic model recognition, tool path generation, and processing control. Previously, the overseas crowdfunding amount of makera Z1 has exceeded 80 million RMB.

Cool Products

The NIO ES9 is launched, with the starting price of the whole vehicle at 498,000 yuan

36Kr learned that on the evening of May 27th, the NIO ES9 was officially launched, offering three versions: Executive Luxury Edition, Executive Signature Edition, and Horizon Special Edition. The starting price for purchasing the whole vehicle is 498,000 yuan. If purchased through the BaaS battery rental method, the starting price is 390,000 yuan. It is reported that the ES9 is equipped with a full - domain 900V high - voltage architecture, the first mass - produced and delivered steer - by - wire and rear - wheel steering system in China. It comes standard with the Cedar AQUILA NIO Aquila Super Sensing System and the NIO World Model (NWM) architecture, with stronger scenario generalization and continuous evolution capabilities.

Iflytek Releases iFlytek AI Glasses

36Kr learned that Iflytek has released a new pair of iFlytek AI glasses, priced at 4,299 yuan. According to the introduction, these glasses support real-time translation of 122 languages, covering full scenarios such as simultaneous interpretation, face-to-face translation, online simultaneous interpretation, and call translation. In addition, the glasses are equipped with an AI agent named "GlassClaw", which supports multi-modal recording, meeting minutes, and the invocation of lifestyle services. It can independently complete information collection, solution generation, and email distribution.

There are over 1.3 billion devices in the HarmonyOS ecosystem

On May 28th at the OpenHarmony Developer Conference 2026, Xie Shaofeng, the chairman of the OpenAtom Foundation, stated that the code volume of the OpenHarmony community has exceeded 140 million lines, with over 13,000 contributors. It supports various forms such as mobile phones, tablets, computers, TVs, wearables, and industrial intelligent terminals. In addition, a relevant person in charge of Huawei said at the conference that the cumulative number of HarmonyOS smart hardware ecosystem devices has exceeded 1.3 billion. (Yicai Global)

Alibaba DAMO Academy Releases GPU Version of Solver for the First Time

36Kr learned that the "MindOpt" solver of Alibaba DAMO Academy has officially released its GPU version, which fully utilizes the parallel acceleration features of GPUs and introduces new algorithms to overcome the "long-tail effect" problem. Tests on approximately 2000 general test cases show that MindOpt can stably solve over 99% of problem types to high precision and can also support the traditionally "unsolvable" linear programming problems with hundreds of millions of variables.

Compiled | Kris

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