8点1氪丨LV起诉国家知识产权局；DeepSeek梁文锋成全球AI公司领域新首富；戴比尔斯将暂停南非最大钻石矿生产
Today's Hotspot Guide
- Xiaomi Robots Achieve Long-Hour Operations for Flexible Workpieces in Automotive Factories for the First Time
- SK Hynix Accelerates Construction of Y1 Fab and Has Started Ordering DRAM Manufacturing Equipment
- International Gold Prices Continue to Pull Back, Market Focus Turns to Fed's Policy Path Ahead
- General Administration of Customs: China's Exports Maintain Growth for 11 Consecutive Quarters, Trade Increment Concentrated in AI Sector
- Four South Korean Government Departments Will Hold a Meeting on Thursday to Discuss Countermeasures Against the Impact of Single-Stock Leveraged ETFs on the Stock Market
Top 3 Major News
LV Sues China National Intellectual Property Administration, Case Scheduled for Hearing on the 16th
According to the People's Court Notice website, the Beijing Intellectual Property Court will publicly hear a trademark administrative dispute case involving Louis Vuitton on July 16, 2026. The case number is (2026) Jing 73 Xing Chu No. 4727, with Louis Vuitton Malletier as the plaintiff, the China National Intellectual Property Administration as the defendant, and Huang Minyao participating in the proceedings as a third party. Louis Vuitton Malletier was also the plaintiff in the earlier trademark infringement case against Moli Naicha. The notice has not yet disclosed the disputed trademark and specific details of the conflict. The case is scheduled for 9:30 a.m. on the 16th in Court No. 15 of the Beijing Intellectual Property Court. (Ji mian News)
DeepSeek's Liang Wenfeng's Net Worth Surges to $36 Billion, Becoming the New Richest in the Global AI Industry
According to the latest Bloomberg Billionaires Index (as of July 14, 2026), Liang Wenfeng, the founder of DeepSeek, saw his net worth jump by $19.3 billion to reach $36 billion (Note: equivalent to about 244.378 billion yuan at the current exchange rate), making him the new wealthiest individual in the global AI company sector (excluding large conglomerates with AI business segments).
Liang Wenfeng's total fortune stands at $36 billion, representing a $19.9 billion increase from the same period last year. He ranks 63rd on the global rich list, surpassing Dario Amodei, co-founder of Anthropic, and Greg Brockman, co-founder of OpenAI. (IT Home)
De Beers to Suspend Production at South Africa's Largest Diamond Mine
International diamond giant De Beers Group announced on the 13th that it plans to suspend production at the Venetia Diamond Mine in South Africa's Limpopo Province for two years to reduce costs. In a statement released the same day, De Beers said the company's other mining areas will maintain current production levels, with the overall production guidance unchanged. De Beers Group CEO Al Cook stated in the statement that the relevant adjustments are designed to enhance the company's operational resilience. This production suspension is part of De Beers' cost-cutting and global business restructuring plan.
Since 2024, De Beers has cut annual administrative expenses by more than 100 million US dollars and sold or closed some non-core assets. The Venetia Diamond Mine is South Africa's largest diamond mine by output value, accounting for approximately 40% of South Africa's annual diamond production. The mine, located near the borders of Botswana and Zimbabwe, has been in operation for over 30 years. (Xinhua News Agency)
AI Cutting-Edge
SK Hynix Accelerates Y1 Fab Construction, Now Ordering DRAM Manufacturing Equipment
According to reports, SK Hynix has begun placing orders with key partners for advanced DRAM manufacturing equipment required for its Y1 fab. The initial investment scale corresponds to a production capacity of 20,000 wafers per month. Y1 is the first factory in SK Hynix's large-scale semiconductor cluster being built in the area of Eupmyeon, Cheoin-gu, Yongin-si, Gyeonggi-do. The first-phase plant consists of 2 factory building skeletons and 6 clean rooms. The production launch timeline for the first clean room (ph1) has been moved forward from the originally scheduled May 2026 to February 2026. (CLS)
Intel Invests €5 Billion to Expand Irish Plant, Betting on AI-Driven Chip Demand
Intel announced on Monday that it has launched a €5 billion (approximately $57 billion) capital investment plan to expand its manufacturing base at the Leixlip campus outside Dublin, Ireland. The funds will be used to upgrade existing facilities at Fab 34, install cutting-edge production equipment, and expand the automated wafer handling system to increase production capacity for Xeon 6 and next-generation Xeon server processors built on the Intel 3 process technology, meeting the growing global demand for AI and high-performance computing. (Sina Finance)
SoftBank Launches Cybersecurity Service Powered by OpenAI Technology
On July 14, SoftBank Corp. and SB OAI Japan announced the full launch of "Patch as a Service", a cybersecurity service leveraging OpenAI technology, expanding its reach to 3,000 eligible Japanese companies. (JIEMIAN NEWS)
Facebook's Parent Company Plans $500 Billion Mega Data Center Build in the U.S.
Meta announced on the 13th that it will significantly expand the scale of its "Hyperion" data center super cluster project in Richland Parish, Louisiana, USA. The planned capacity of the project will be increased to 5 gigawatts (GW), with a total estimated investment exceeding $500 billion. Analysts point out that driven by the artificial intelligence (AI) investment boom, tech giants including Meta, Microsoft, Google, and Amazon are accelerating the global deployment of computing power infrastructure. (Sina Finance)
Google DeepMind Head Calls on US to Lead the Establishment of an Artificial Intelligence Standards Regulatory Body
Demis Hassabis, the head of Google's artificial intelligence division, proposed on Tuesday that the United States should take the lead in establishing a standards body to conduct national security risk testing on various new cutting-edge AI models. During the G7 summit, Hassabis and executives from other tech giants proposed to heads of state, including US President Trump, the formation of a US-led artificial intelligence alliance. (Sina Finance)
SoftBank's Masayoshi Son: AI Boom Will Require $5 Trillion in Annual Investment
Masayoshi Son, founder of SoftBank Group, stated that by 2040, global artificial intelligence infrastructure will require $5 trillion in annual investment to support the expansion of data centers, power supplies, and humanoid robots, thereby driving the transition from a "human-centric" work model to a new paradigm. He pointed out that as artificial intelligence evolves into "Artificial Super Intelligence" (ASI), the resulting revenue will justify these massive expenditures. "AI will completely transform our lives — and this transformation will generate profits," Son said. (Sina Finance)
Major Companies / Key Events
CX Technology: Offering Price Set at ¥8.66 per Share
36Kr learned that CX Technology announced in a notice that for its initial public offering and listing on the Sci-Tech Innovation Board, the offering price is set at ¥8.66 per share. Investors may conduct online and offline subscription at this price on July 16, 2026 (T-Day), with no subscription funds required to be paid at the time of application. Specifically, the offline subscription period runs from 9:30 to 15:00, while the online subscription period covers 9:30-11:30 and 13:00-15:00. The total number of shares in this initial offering is 668,808,608 shares, accounting for approximately 10.00% of the total share capital after issuance, and an over-allotment option of up to 15.00% of the initial offered shares is granted to China International Capital Corporation.
Leading Mutual Funds Spark a "Stake-Building Wave" in Hong Kong Market, Ushering in Valuation Recovery for Hong Kong-Listed Innovative Drug Stocks
Recently, the Hong Kong-listed innovative drug sector has witnessed a "stake-building wave" initiated by mutual funds. Leading fund managers including E Fund Management, Fullgoal Fund, and Harvest Fund have increased their positions in multiple Hong Kong-listed innovative drug targets within a month, hitting the 5% disclosure threshold. Meanwhile, southbound capital has also seen a significant surge in its shareholdings in stocks such as Mewar Bio and Keji Pharmaceutical since June. Institutions believe that against the backdrop of the AI sector entering a consolidation phase and capital flows rotating from high to low valuation segments, the innovative drug sector — which is currently at historically low valuation levels, seeing sustained growth in overseas business licensing deals, and accelerating policy dividend releases — is poised to enter a valuation recovery window driven by multiple converging positive factors. (Shanghai Securities News)
The three major U.S. stock indexes closed higher collectively, with SK Hynix surging over 27%
According to 36Kr, at the close on July 14, the three major U.S. stock indexes rose across the board: the Dow Jones Index increased by 0.02%, the Nasdaq Index climbed 0.9%, and the S&P 500 Index gained 0.38%. The storage sector rallied sharply: SK Hynix jumped over 27%, Western Digital rose more than 5%, while Micron Technology, NVIDIA, and Intel all advanced over 4%. IBM plummeted over 25%, wiping out nearly $70 billion in market value. Most popular Chinese concept stocks declined: Baidu fell over 3%, NetEase dropped more than 2%, Alibaba, JD, Pinduoduo, and Bilibili saw minor losses. Meanwhile, Xpeng Motors surged over 3%, Li Auto rose more than 2%, and NIO gained over 1%.
Trump: Trade and Investment Deals with Gulf States Will Replace Strait of Hormuz Cargo Fees
U.S. President Trump posted on social media on the 14th that based on productive talks with Middle East leaders, he has decided to replace the previously proposed 20 percent fee for cargo passing through the Strait of Hormuz with trade and investment agreements that Gulf states will reach with the United States. (CCTV News)
Lay's Responds to Reported Blue Foreign Object in Potato Chips: Hopes to Retrieve Product for Internal Investigation
On July 12, a netizen posted on social media claiming they found a foreign object resembling a "blue potato chip" in a pack of Lay's potato chips. The incident sparked widespread attention. On the evening of July 13, a relevant Lay's official responded to media interviews stating that the Lay's brand has noticed the issue and attaches great importance to it. Customer service has already contacted the consumer, expressing the hope to retrieve the product for internal verification.
According to an update posted by the involved consumer on social media at 8 PM on July 13, official Lay's customer service has reached out to her and apologized for the situation. Following negotiations between both parties, the consumer will send back the suspected problematic chips to Lay's while retaining half of the normal chips and half of the "blue chip." As of now, since the involved chips have not been received, Lay's has not yet confirmed the nature and source of the foreign object. (China Newsweek)
*ST Gaoke: Some Actual Controllers and Directors Criminally Filed for Suspected Fund Misappropriation
36Kr learned that *ST Gaoke announced that the company recently received the "Notice of Case Filing" issued by the public security bureau for Mr. Cao Long, one of the company's actual controllers and the chairman, and Ms. He Yifan, one of the company's actual controllers and a director. On suspicion of embezzlement of funds, in accordance with relevant laws and regulations, the public security bureau believes that the case meets the criteria for criminal case filing, and has now opened an investigation into the case.
Four South Korean Government Departments to Meet on Thursday to Discuss Responses to Impact of Single-Stock Leveraged ETFs on Stock Market
Leveraged products tracking South Korea's core chip stocks have plummeted recently, exerting huge impact on the country's stock market and broader financial market. Industry-compiled data shows that the prices of more than a dozen exchange-traded funds (ETFs) that track Samsung Electronics and SK Hynix and were listed in late May have nearly halved so far. According to reports, the high-level coordination body of four major economic departments of the South Korean government will hold a meeting on Thursday to study response measures for the impact of single-stock leveraged ETFs on the stock market, marking the first time that this issue has been formally included in the body's agenda for discussion. This body is the highest-level economic coordination platform jointly participated by South Korea's Ministry of Economy and Finance, the Financial Services Commission, the Bank of Korea, and the Financial Supervisory Service. (CLS)
"World Capital of Jasmine" Hengzhou, Guangxi Hit by Severe Floods, Jasmine Prices Double
Affected by persistent heavy rainfall brought by Typhoon Maysak, Hengzhou in Guangxi, known as the "World Capital of Jasmine", has suffered severe flooding. Large areas of jasmine fields that are in the harvest season are submerged in water, causing the purchase price of fresh flowers in the producing areas to rise sharply. At present, the price increase on the raw material side has not yet affected leading brands with sufficient raw material inventories, but for small and medium-sized tea drink merchants with smaller inventory scales, the profit margin of jasmine tea drinks has been rapidly compressed. (Lan Jing News)
General Administration of Customs: China's Exports Maintain Growth for 11 Consecutive Quarters, Trade Increment Concentrated in AI Sector
On July 14, Wang Jun, Vice Minister of the General Administration of Customs, stated at a press conference held by the State Council Information Office that China's exports have maintained growth for 11 consecutive quarters up to now. The fundamental driver behind this export growth lies in the precise alignment between China's manufacturing output and diverse global demands. A United Nations report indicates that since the beginning of this year, the growth of global trade in goods has been primarily concentrated in artificial intelligence-related sectors. Wang Jun pointed out that the continuous expansion of global demand for computing power data centers and terminal equipment has boosted China's exports of related products. In the first half of the year, China's exports of electronic components, computer parts and other products all recorded double-digit growth, collectively driving overall export growth by 6.9 percentage points. (Securities Times)
AI Server Concept Plunges, China Great Wall Hits Limit Down
On July 14, the AI server concept fluctuated and declined. China Great Wall sealed the limit down, while Huafeng Technology and Zhuoyi Information dropped by more than 14%. Huaqin Technology approached the limit down, and Unisplendour Corporation, Digital China, Sugon, and GOSUNCN ranked among the top decliners. (CLS)
Big Four Banks Debunk Rumors and Issue Risk Warning: "Deposit 1 Million for 5.25% Interest" Is a False Advertisement
Recently, illegal elements have been using the names of major state-owned banks to post false high-interest advertisements such as "Deposit 1 Million for 5.25% Interest" on third-party platforms and social channels. They induce consumers to add WeChat, then promote overseas insurance and investment projects to earn commissions or even commit fraud. In response, the Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, and China Construction Bank — the Big Four banks — have all officially debunked the rumors recently, stating that they do not offer such deposit products.
The four banks also reminded consumers to be wary of return promises far above market levels. Consumers should only use official channels such as bank branches, official websites, and official mobile apps, and avoid clicking on unknown links or disclosing information such as ID numbers and verification codes. (Source: 21st Century Business Herald, Financial News)
International Oil Prices See Biggest One-Day Gain in 6 Years
Due to the escalating US-Iran conflict and the United States announcing it will reinstate a naval blockade on Iran, international crude oil futures prices rose significantly in early trading on the 13th, closing with a gain of over 9%, marking the largest single-day increase since May 2020. After the opening of the new trading session starting on the evening of the 13th, international oil prices continued to rise by more than 1%. At the close on the 13th, the price of light crude oil futures for August delivery on the New York Mercantile Exchange rose by $6.73 to settle at $78.14 per barrel, representing a 9.42% increase; the price of London Brent crude oil futures for September delivery rose by $7.29 to settle at $83.30 per barrel, a 9.59% increase. (CCTV News)
MINISO Apologizes for Promotional Video Containing Voyeuristic Plot: Sincere Apology to Consumers
Recently, short-video blogger "Alei Diary" released a live-streaming sales short video for the MINISO home textile memory foam thin mattress. To highlight the lightweight feature of the product, the video deliberately designed a highly controversial and sensational plot, in which the character could peek into the woman's bedroom downstairs by lifting the floor gap. After the video was launched, a large number of netizens expressed discomfort after watching it.
On July 13, MINISO Youxuan Technology (Guangzhou) Co., Ltd. released an official apology letter. The letter briefly apologized, acknowledging that improper promotional content was produced due to the brand's oversight in review, and issued a sincere apology to consumers. At the same time, four disposal measures were announced: terminating all cooperation with the involved blogger and removing related videos from all platforms; upgrading content review standards; improving the supervision mechanism for influencer cooperation; investigating and rectifying the responsible internal positions. The brand stated that it will strictly control promotional content to prevent similar problems from recurring, and apologized to the public again. (Yangtze Evening Post)
U.S. Data Center Developers Accelerate Massive Equity Asset Sell-Off
U.S. data center developers are cashing out amid the artificial intelligence industry boom. Multiple insiders revealed that this summer, several data center construction and operation enterprises across the United States are partnering with investment banks to plan the sale of majority stakes worth hundreds of billions of dollars. Investment banks are negotiating equity transfer deals for multiple enterprises, including Netrality Data Centers, DataBank, Edged, and EdgeCore Digital Infrastructure, whose industrial layouts span locations from Phoenix to Atlanta. With computing power demand remaining consistently strong, data centers have become highly sought-after assets, and investment banks are actively promoting such targets to private equity firms. (Sina Finance)
Fund Companies Have Submitted Application Materials for Active ETF Issuance
Recently, some fund companies have submitted application materials for active ETF issuance. As we understand, an active ETF, namely an actively managed exchange-traded open-end fund, refers to an ETF where the fund manager independently selects investment strategies, does not target tracking a specific index, and is listed and traded on the stock exchange. Earlier, Wu Qing, Chairman of the China Securities Regulatory Commission, announced at the 2026 Lujiazui Forum that the authority supports the launch of active ETFs on the Shanghai and Shenzhen Stock Exchanges. On the same day, the Shanghai Stock Exchange released the Guidelines for the Business of Actively Managed Exchange-Traded Open-End Securities Investment Funds of the Shanghai Stock Exchange, and the Shenzhen Stock Exchange issued the Shenzhen Stock Exchange Securities Investment Fund Business Guidelines No. 5 - Actively Managed Exchange-Traded Open-End Funds, both of which came into effect on the date of release. (China Securities Journal)
FAA Concludes Starship Mishap Investigation, Grants Approval for 13th Test Flight
The U.S. Federal Aviation Administration announced on the 13th that it has completed its investigation into the anomaly during the 12th test flight of SpaceX's heavy-lift Starship launch vehicle, accepted the corrective actions proposed by the company, and granted approval to conduct the 13th test flight. SpaceX announced the same day that it plans to carry out the 13th Starship test flight as early as the 16th. (Xinhua News Agency)
Multiple Automakers Report Substantial Expected Losses in H1
In the first half of 2026, the automotive industry exhibited a landscape of notable divergence and overall mounting pressure. The recently released H1 performance forecasts from publicly listed enterprises including Seres, GAC Group, and JAC Motors all indicate that the three automakers are facing financial losses. From a holistic industry perspective, data disclosed by the China Passenger Car Association (CPCA) reveals that between January and May this year, the automotive industry's total profits reached 144 billion yuan, marking a 20% year-on-year decline. Meanwhile, the industry's profit margin dropped to 3.4%, the lowest level recorded for the same period in five years. The CPCA projects that the market will gradually improve after July. As the impacts of new safety regulations and anticipated tax reforms are progressively absorbed, coupled with the marginal alleviation of chip supply shortages, a sharp drop in Producer Price Index (PPI), and the slow recovery of consumer confidence, the decline in retail sales is expected to gradually narrow in the third and fourth quarters. (Caixin)
US House of Representatives Passes Bill to Make Daylight Saving Time Permanent
On July 14 local time, the United States House of Representatives voted to pass a bill that would permanently implement daylight saving time, and referred the legislation to the Senate for further review. Back in May this year, the House Energy and Commerce Committee approved the Sunshine Protection Act with a vote of 48 to 1. The act aims to permanently eliminate the twice-annual time adjustment practice across the United States, making daylight saving time effective all year round. (CCTV News)
US Solar Giant Sunrun Enters the "Computing Power Sales" Arena, CEO Claims Users Can Earn Hundreds of Dollars Monthly
Sunrun, the largest residential solar and energy storage provider in the United States, is advancing a pilot program for its so-called "distributed AI data centers." The company's CEO Mary Powell stated on Monday that participants in the program could potentially earn hundreds of dollars each month by selling excess computing power. It is reported that Sunrun has over 1 million customers across the US with already installed rooftop solar systems. As the AI industry spends heavily in a frantic pursuit of computing resources, solar power firms have spotted a lucrative "pick-and-shovel" opportunity in this space. (The Paper)
From "Undervaluation" to "Re-evaluation", Innovative Drugs Seize Investment Window
On July 13, against the backdrop of the overall market facing downward pressure, the innovative drug sector bucked the trend and rallied. Wanbang Pharmaceutical and Longshen Rongfa both hit the 20% daily limit, Shanghai Kaibao rose by 15.81%, Asieris Pharmaceuticals increased by 14.77%, and Xintiandi climbed by 10.84%. In addition, 8 pharmaceutical companies including Harbin Pharmaceutical, Jiuzhitang, and Lifeon Pharmaceutical successively hit their daily limits, and market bullish sentiment continued to heat up. In the first half of the year, the innovative drug sector experienced a dramatic reversal from "being undervalued" to "being snapped up by investors". Industry insiders believe that the underlying logic of this market rally goes far beyond the short-term game of capital shifting from high-valued tech stocks to low-valued assets. The continuous release of policy dividends and the profound transformation of the industry's fundamentals are jointly laying the foundation for the medium and long-term positive performance of the innovative drug sector. (Economic Reference News)
"Cathie Wood" Invests Over $21 Million to Increase Stake in SpaceX
Ark Invest, led by Cathie Wood, executed multiple trades on Monday, with the most market-notable move being an increased position in SpaceX. The aerospace enterprise recently completed its public listing, reigniting debates over its market valuation and drawing sustained attention from capital markets. Meanwhile, Ark has continued reducing its holdings in AMD and adjusted the portfolio structures of several of its funds heavily invested in innovative sectors. (Sina Finance)
International Gold Prices Continue to Correct, Market Focus Turns to Fed Policy Path
On July 13, international gold prices extended their downward trend. As of 18:30 on the same day, New York gold futures stood at $4075.3 per ounce, down 1.35% from the previous trading session; London spot gold was priced at $4064.8 per ounce, with an intraday drop that once reached 1.87%. Regarding this round of gold price adjustment, Qu Rui, Senior Deputy Director of the Research and Development Department at Orient Jincheng, stated that the intraday break below the $4100 per ounce psychological level for international gold was mainly driven by factors including escalating geopolitical tensions that lifted inflation expectations, and cooling risk aversion in the market ahead of the release of key U.S. economic data.
Looking ahead to the market outlook, industry insiders widely agree that the short-term movement of international gold prices will continue to revolve around the U.S. June CPI data and market expectations for the Federal Reserve's monetary policy. The performance of inflation figures will act as the key variable determining the directional trajectory of gold prices. Meanwhile, geopolitical factors such as the situation in the Middle East will continue to cause fluctuations in market sentiment, but their impact on gold prices is diminishing, as the market's focus is gradually shifting back to the fundamental conditions of the U.S. economy. (Economic Reference News)
Global AI Leading Stocks Tumble in Unison; Institutions Advise Watching Three Key Signals Next
Recently, stocks across the global AI industry chain have fallen in lockstep. In overseas markets, major benchmarks including Japan's Nikkei 225 and South Korea's KOSPI have posted notable pullbacks, while leading firms such as Magnachip Semiconductor, Samsung Electro-Mechanics, Mitsui Kinzoku, SK Hynix, Samsung Electronics, Corning, and ARM have all seen significant retracements in their share prices.
On July 13, the A-share market also entered a correction led by the AI sector, with both the Shenzhen Component Index and the ChiNext Index dropping more than 3%. Sectors including banking and coal bucked the trend to rise, while most technology stocks declined, with over 4,600 stocks across the entire A-share market closing in negative territory. Total market trading volume reached 2.83 trillion yuan, marking a contraction from the previous trading session.
Analysts point out that the recent synchronized correction in the global AI sector stems from industrial narrative disruptions amid extremely high market congestion. While short-term oversold technology stocks may stage a rebound after sharp declines, the sector is likely to remain in a high-volatility state before the pressure from overcrowded positions is fully digested. Mid-year financial results will gradually become the core investment focus of the market. Going forward, three key signals deserve close attention: whether the semiconductor sectors in South Korea and the US can stabilize, whether A-share tech leaders can effectively absorb capital flows, and whether overall market trading volume can stay at current levels. (China Securities Journal)
Honor and Alibaba to Launch AI Agent Endpoint Collaboration
Honor will host the sub-forum "From Digital Screens to Embodied Intelligence: A New Paradigm in the Physical World" at the 2026 World Artificial Intelligence Conference on July 18. In addition to the previously confirmed world-renowned tech futurist Kevin Kelly, the participation of Xu Zhuhong, Vice President of Alibaba Group and Head of Multimodal Interaction at ATH Business Group's Token Foundry, has sparked widespread industry speculation about upcoming cross-party collaborations. Reporters learned from internal sources at Honor and Alibaba that the two sides will announce a landmark partnership, with their joint efforts highly likely to center on the implementation and practical deployment of the next-generation endpoint operating system, Agentic OS. According to previously disclosed information, this forum will focus on the intelligence level and perceived "vitality" of AI, exploring the evolutionary trajectory of Agentic OS as it transforms from a mere "tool" into a trusted "companion". (The Paper)
India Asks State-Owned Banks to Boost Foreign Currency Deposits
The Indian government has directed state-owned banks to step up efforts to attract foreign currency deposits from the 35 million-strong overseas Indian community, in a bid to expand the country's foreign exchange reserves and shore up the weakening rupee. According to a statement, Indian Finance Minister Nirmala Sitharaman held a meeting on Monday to urge state-owned banks to further strengthen outreach to overseas Indian diaspora through offline promotion campaigns, online digital channels, and the launch of innovative deposit products. Sources familiar with the matter revealed that Reserve Bank of India Governor Sanjay Malhotra is scheduled to meet with chief executives of private and state-owned banks on Tuesday to formulate plans to attract overseas deposit inflows and address various operational hurdles that hinder fund mobilization. (Sina Finance)
Big Company Earnings Reports
Wuliangye: Forecasts 88.80%-98.97% YoY Growth in H1 2026 Net Profit
36Kr learned that Wuliangye announced in its official filing that the company projects its net profit attributable to shareholders of the listed company for the first half of 2026 will range from 8.73 billion yuan to 9.20 billion yuan, representing a year-on-year increase of 88.80% to 98.97%. The performance change is mainly driven by the low base figure in the same period of the previous year and the rebounding sales momentum of core products during the peak consumption season.
Tianyuan Co., Ltd.: H1 Net Profit Forecasted to Surge 981.39%–1282.34% Year-on-Year
36Kr learned that Tianyuan Co., Ltd. released its performance forecast, projecting its semi-annual net profit attributable to shareholders of the listed company for 2026 to be in the range of 180 million yuan to 230 million yuan, representing a year-on-year growth of 981.39% to 1282.34%.
SPIC Hydropower: H1 Net Profit Forecast to Rise by Around 7673% Year-on-Year
36Kr learned that SPIC Hydropower has released its performance forecast, estimating that its semi-annual net profit attributable to owners of the parent company in 2026 will reach approximately 1.19 billion yuan. Compared with the same period of the previous year (before retrospective adjustment), this represents an increase of around 1.175 billion yuan, marking a year-on-year growth of roughly 7673%.
BeiDou Navigation: H1 Net Profit Forecast to Surge 2368.27%–3426.09% Year-on-Year
36Kr learned that BeiDou Navigation released its performance forecast, estimating that the net profit attributable to shareholders of the listed company for the 2026 semi-annual period will range from 35 million yuan to 50 million yuan, representing a year-on-year growth of 2368.27% to 3426.09%.
Investment and Financing
Aishi Technology Completes 2.98 Billion Yuan Series C Financing
36Kr learned that Aishi Technology announced on the 14th that it has completed its overall Series C financing, raising a total of 2.98 billion RMB in this round. The Series C+ tranche was led by Alibaba, with participation from over ten domestic and international institutions including Lollapalooza Capital (Wang Huiwen's Family Office), Ivy Capital, Huiyuan Capital, Zhongding Capital, South Korea's Mirae Asset, Lion X Fund under the OCBC ecosystem, Blue Focus, CloudAlpha, and iGlobe Partners. The raised funds will be mainly used for foundational video generation models, real-time world models, global product growth, and the implementation of industrial use cases.
LimX Dynamics Completes Pre-IPO Round Financing
36Kr learned that recently, general-purpose humanoid robot company LimX Dynamics announced the completion of its Pre-IPO round of financing, with a total funding amount of nearly 200 million USD. The company has raised a cumulative 400 million USD in financing over the past six months. This Pre-IPO round of financing for LimX Dynamics has brought together investment institutions from around the world, including strategic investors such as IDG Capital, Lens Technology, GGG Group and Redstone VC, West Summit Capital, and Hefei Binhu Industrial Development Group. In addition, UAE-based Stone Venture has participated in multiple consecutive follow-on investment rounds; many existing shareholders including Oasis Capital, Capital Foundation, Nanshan Emerging Industry Investment, Shangqi Capital, and Nio Capital have made over-allocated additional investments.
"Xinqi Robotics" Completes Series A+ Financing
36Kr learned that "Xinqi Robotics" recently announced the completion of its Series A+ financing. This marks the third round of financing the company has secured within half a year since launching its first market-oriented financing round at the end of 2025. Following the completion of this round, Xinqi Robotics' investor roster includes market-oriented investment institutions such as Matrix Partners China, Woofoo Capital, Yunhui Capital, Houxue Capital, and Synstellation Capital; industrial investors such as Agibot and Foran; as well as state-backed capital entities including C&D Emerging Investment, Wuzhong Financial Holding, Zhihui Investment, and Ningbo Angel Capital.
Cool Products
Amap Launches General World Model Workshop ABot-World Studio
36Kr learned that Amap, a subsidiary of Alibaba Group, has officially released its general world model workshop ABot-World Studio and opened its beta test simultaneously. The workshop integrates interactive video generation and 3DGS scene generation into a single product — users only need to input a piece of text or an image to generate an AI world that supports real-time interaction and arbitrary sharing, with outputs available for saving as videos and 3DGS files.
Xiaomi's Humanoid Robot Achieves Long-Hour Operations on Flexible Components in Auto Manufacturing Plant for the First Time
36Kr learned that on July 14, Xiaomi unveiled the latest progress of its in-house developed humanoid robot during its "internship" at an automotive manufacturing facility. After four months of continuous iterative optimization, the dual-side operation success rate of Xiaomi's robot at the self-tapping nut loading station has increased from 90.2% to 98%, which is only 1 percentage point away from the pass rate of manual operations. Meanwhile, the robot has mastered two entirely new work tasks — sorting side panels for car center consoles and folding and recycling material containers, with both tasks recording a success rate of 90%. Notably, the center console side panel sorting station scenario demonstrated by Xiaomi this time marks the first realization of long-duration continuous operations on flexible workpieces in an automotive manufacturing plant.
Compiled by | Wang Haoyang