8:00 36Kr Flash丨Joe Tsai announces his divorce, which does not involve the sale of Alibaba shares; Luckin Coffee responds to the incident of employees spraying cream directly into their mouths; the market value of IF Coconut Water has plummeted from 12.6 billion to 1.6 billion.
Today's Hotspot Guide
Elon Musk followed DeepSeek's X account
Lucky Air responded to the incident of expired instant noodles being mistakenly distributed on flights
OpenAI may postpone its IPO to next year
SpaceX's first financial report is about to be released
Multiple Xiaomi mobile phones have officially raised their prices
At $100,000 per month, Trump's "Truth Social" is selling "priority access rights"
TOP3 Major News
Joe Tsai announces divorce, no Alibaba stake sale involved
On August 1, Joe Tsai, Chairman of the Board of Directors of Alibaba Group and principal owner of U.S. professional basketball team Brooklyn Nets, and his wife Clara Wu Tsai decided to end their nearly 30-year marriage. The statement said that this decision was made jointly by both parties, they still maintain mutual respect, and the divorce process will be carried out in a friendly manner. The statement noted that the relationship between Joe Tsai and Clara Wu Tsai has gradually evolved into a partnership of co-running businesses and co-raising their children in recent years. Although the two have grown apart in their personal lives, their business partnership will remain solid and professional.
In addition, the statement explicitly stated that Joe Tsai currently has no plan to sell any Alibaba shares, and his position as Chairman of the Board of Directors of Alibaba Group will not be affected by the divorce. This divorce will not change the existing management positions of both parties in Brooklyn Sports & Entertainment, the Brooklyn Nets and the New York Liberty. (Guancha.cn)
Luckin Coffee responds to employee spraying cream directly into mouth: related materials have been discarded
On the evening of August 1, a video showing a Luckin Coffee store clerk in Jinan, Shandong Province playing around by feeding cream to a colleague directly with a cream whipper sparked widespread public discussion. On the early morning of August 2, the account that posted the video had already been deactivated. On August 2, Luckin Coffee responded to Jiemian News regarding this incident, stating that "the company attaches great importance to this matter and launched an internal investigation immediately. After verification, the two partners in the video used cream materials that were to be discarded after the store closed for the day for shooting. This behavior seriously violates relevant management specifications, and the company will handle it seriously. The cream materials and cream gun involved in the shooting have been discarded." Luckin Coffee said that Luckin Coffee always puts food safety and user experience first, and will continue to strengthen staff training in stores across the country to provide consumers with more reassuring and higher-quality products. (Jiemian News)
Market Value of IF Coconut Water Plunges from 12.6 Billion to 1.6 Billion
On the evening of July 31, "the first coconut water stock" IFBH (06603.HK) released its latest profit warning: it is estimated that in the first half of 2026, its net profit will plummet by 65% to 75% year on year, and its revenue will drop by 40% to 50% year on year. It is worth noting that this company has been listed for just over a year. On June 30, 2025, IFBH landed on the Hong Kong Stock Exchange with the title of "the first coconut water stock", with an issue price of HK$27.8, and its opening price jumped 57.9% higher. Its market value once hit HK$12.68 billion. Its most well-known label at that time was not the product itself, but the "10-billion market value supported by only 46 employees", and its asset-light model was packaged into an almost perfect capital story. (Red Star Capital Bureau)
AI Frontier
$100,000 per month: Trump's Truth Social sells "priority access rights"
On local time August 1, Truth Social, the social platform under U.S. President Trump, announced the launch of the "Truth API" service, which charges Wall Street trading institutions to provide high-speed access channels to Trump's posts, triggering doubts about insider trading, conflicts of interest and profiting from public office. The service charges up to $100,000 per month, mainly targeting high-frequency trading firms. As Trump often releases information on major policies involving tariffs, wars, central banks and other important areas through Truth Social, relevant content often leads to market volatility. Critics hold the view that although paid users do not obtain information in advance, they may respond earlier than ordinary investors by virtue of faster data interfaces and automated trading systems. In addition, Trump has frequently mentioned listed companies on social media recently, and his relevant remarks have also pushed up the stock prices of companies including Palantir and Intel. (CCTV Finance)
After the official version of DeepSeek-V4-Flash API was launched for public beta, Elon Musk followed the official DeepSeek account
On July 31, DeepSeek announced the public beta launch of the official DeepSeek-V4-Flash API through the release log of its API documentation, which once again ignited the AI industry with its extremely high cost-effectiveness. On August 1, BigTechAlert, an account that tracks the developments of CEOs and executives of technology companies, released a reminder message that Elon Musk followed the official X account of DeepSeek. It is worth noting that during the exclusive interview with the UK's *The Economist* on July 23 local time, Elon Musk stated that China has strong strength in the fields of robotics and AI, and it is "very likely to become a leader at some point" in the future. (IT Home)
Google Earth abruptly halts AI image generation feature: Fictional scenes can be overlaid on satellite imagery to spread disinformation
Less than 48 hours after Google launched the artificial intelligence (AI) image generation function on Google Earth, the company announced the suspension of the service to strengthen security protection. Experts previously warned that this tool can overlay fictional scenes on real satellite images, which can easily be used to spread disinformation. (The Paper)
OpenAI may delay its IPO to next year
Faced with investor concerns and competitive pressure, OpenAI may postpone its initial public offering to next year. Sources involved in relevant discussions revealed that in recent months, several major investors of OpenAI have privately raised concerns that the startup's cash consumption rate is too high relative to its growth, while other investors have hedged their bets on OpenAI by investing in Anthropic. At the same time, Anthropic's revenue growth has recently surpassed that of OpenAI, so has its valuation. According to insiders, Anthropic is speeding up its plan for an IPO this autumn and has begun to meet with potential investors, emphasizing the leading position it maintains relative to the ChatGPT maker. OpenAI, which originally hoped to go public before Anthropic, may now wait until next year to launch its IPO. (Sina Finance)
Big Companies / Major Events
SpaceX's first financial report is about to be released
SpaceX will release its quarterly report in recent days, which is the company's first financial report after going public. At the same time, up to 911.5 million shares will be unlocked on August 6, which is more than the current outstanding shares. According to data from S3 Partners cited by CLS, as of July 29, SpaceX's short position has reached 219.3 million shares, accounting for about 34% of the company's total publicly tradable shares. This shows that short sellers are betting that SpaceX's financial report will not deliver favorable news that can offset the pressure from share unlocking. Since it went public at an IPO price of $135 on June 12, SpaceX's stock price once surged above $200 at its peak, but it has fallen below $110 by the close of this Friday.
It is worth noting that on the eve of SpaceX's first earnings call after going public, the top concerns of retail investors are not profits, but the footage of the Starship landing system, the mascot Asteroid, and even whether the rocket can be painted pink. In contrast, core issues such as AI profitability have received extremely low attention. (China News Finance, ITHome)
Multiple Xiaomi Mobile Phones Officially Raise Prices
On the evening of August 1, there were rumors that some Xiaomi mobile phone models may usher in a collective price adjustment. On the morning of August 2, the prices on Xiaomi Mall showed that multiple Xiaomi mobile phones had officially raised prices. Reporters contacted Xiaomi for inquiries on this matter and did not get a valid response as of press time. According to the official Xiaomi mall, the price of the Xiaomi 17 series has been increased by 300 yuan to 500 yuan per unit; the REDMI K90 and Turbo 5 series have been increased by 300 yuan per unit. (Jiemian News)
The total annual box office of 2026 has exceeded 231 billion yuan, and the market popularity continues to rise
As of 22:00 on August 2, the total annual box office of 2026 has exceeded 231 billion yuan. Among them, the summer film schedule has recorded a daily box office of over 100 million yuan for 23 consecutive days, and the market popularity is keeping rising. (CCTV News)
UEFA may vote to remove Infantino from his position
According to local news from the UK on August 1 local time, UEFA has requested FIFA President Gianni Infantino to resign. If Infantino refuses, UEFA is prepared to launch a no-confidence vote against him. It is understood that the removal procedure can be initiated as long as 43 of FIFA's 211 member associations vote in support of the no-confidence vote, and UEFA has 55 member associations.
This move by UEFA is prompted by Infantino's proposal to set up a subsidiary valued at 20 billion US dollars (about 15 billion pounds), and sell more than 20% of the shares of the newly established "FIFA Forward Entity (FFE)" through a financing of 4.2 billion US dollars (about 3.16 billion pounds). (CCTV News)
Graphics card prices are skyrocketing, with popular products posting new prices every day
Following the price increases of memory sticks and hard drives, the computer hardware market has witnessed a new round of price fluctuations. On August 1, reporters visiting the Huaqiangbei market in Shenzhen found that prices of consumer-grade graphics cards have climbed rapidly since the end of July. The prices of some popular models have risen by hundreds of yuan within several days, and the price increase of high-end models even hits the level of a thousand yuan. Take the popular model RTX 5060 as an example: its current market quotation has risen to 2,700 yuan to 3,100 yuan, while the quotation before this round of price hikes was about 2,300 yuan to 2,500 yuan. In just 4 days, the maximum price increase of the RTX 5060 is around 800 yuan, representing a growth rate of over 30%. The price increase of high-end models is even more prominent: the market quotation of RTX 5080 has exceeded 11,000 yuan, up by about 1,700 yuan compared with that in early July. "You could have saved around 1,000 yuan if you bought it two days earlier," a computer assembly vendor in Huaqiangbei told the reporter. Recently, graphics card prices change every single day. Many consumers were still on the fence when they inquired about hardware configurations earlier, but by the time they decided to make the purchase, the price had already changed. (Cailian Press)
Sun Dongxu, former CEO of East Buy, saw his new account's debut live stream gain higher popularity than the Yuhui Tongxing channel
At 8 a.m. on August 2, "Beautiful Tomorrow", the live-streaming sales account jointly created by Sun Dongxu, former CEO of East Buy, former live streamers Shi Ming (online alias Mingming) and Guo Tianquan (online alias Tianquan), officially launched its first live broadcast.
The popularity of the live room rose rapidly after going live, with the number of online viewers exceeding 100,000 within half an hour. As of press time, it has climbed to the first place on Douyin's overall e-commerce live streaming ranking, far leading other peer accounts that started live broadcasts in the same period. Real-time ranking data shows that "Yuhui Tongxing" ranks 6th, and the account related to East Buy ranks 22nd. According to the data from Kaocha Data queried by reporters from Blue Whale News, as of press time, the total number of views of this live broadcast has reached 6.89 million, and the estimated sales volume is between 5 million yuan and 10 million yuan. (Blue Whale News)
Flight delayed for 4 hours, passengers were provided with expired instant noodles, Lucky Air issued a response
On August 1, a passenger posted a video claiming that a Lucky Air flight was delayed for nearly 4 hours, and the ground crew distributed expired instant noodles to passengers. The flight was originally scheduled to take off from Urumqi Tianshan Airport at 20:45 on August 1 and head for Chengdu Tianfu Airport. After the flight was delayed, the packaging of the instant noodles handed out to passengers by ground staff showed that the product should be consumed before July 5. The reporter learned from Lucky Air's customer service staff that the flight delay was caused by weather factors, and the flight landed in Chengdu after being delayed for 3 hours and 55 minutes. The meals provided by the Urumqi ground agency failed to meet the standards, all meals were recovered by the staff, and no passengers consumed the expired meals. At present, Lucky Air responded that it has recovered all meals distributed to passengers on this flight, will offer 200 yuan as compensation and make an apology. (Beijing News)
Zhang Jike's participation in HYROX was "mocked" by commentators, and the official issued an apology
On August 1, the Chengdu stop of the HYROX Global Fitness Run Series kicked off. During the live broadcast of the event, two commentators made teasing remarks about Zhang Jike such as "You don't need to sweat so much when you appear on variety shows" and "It's better to go back and do variety shows". Their comments on his expression like "The pain mask is here, everyone can take a screenshot and make it an emoji when you get home" have aroused widespread heated discussion.
On August 2, HYROX Fitness Run released an apology statement. In the statement, HYROX Fitness Run expressed sincere apologies to Zhang Jike and the majority of netizens and carried out profound self-reflection. It also stated that the organizing committee had terminated the cooperative relationship with the two involved commentator guests on August 1. (The Beijing News)
CXMT's LPDDR6 is nearing the end of the R&D and verification phase
According to news on August 1, industry insiders revealed that CXMT's LPDDR6 is approaching the final stage of R&D and verification, taking a further step toward small-batch trial introduction and official mass production. Previous reports showed that its LPDDR6 has been sent for sampling to core customers, and is expected to be released and put into mass production in the second half of 2026. It is known that Changxin's first LPDDR6 has a designed speed of 12800Mbps and a die capacity of 16GB, with obvious improvements in low power consumption, reliability and other aspects compared with LPDDR5X. LPDDR is mainly applied to mobile devices such as smartphones and tablets, and its R&D and verification process needs to complete tests on compatibility, stability, performance, power consumption and reliability.
At present, manufacturers including Samsung, Micron, SK Hynix are all promoting the development of LPDDR6, among which SK Hynix has completed product development and verification and plans to supply products in the second half of the year. If Changxin advances mass production smoothly, it is expected to become one of the world's earlier memory manufacturers that achieve mass production of LPDDR6. (Yicai)
Ford CEO: Preparing for Chinese automakers' entry into the US market
Three insiders disclosed to Reuters that Ford CEO Jim Farley stated at an internal staff meeting on July 30 that despite the numerous trade barriers set by the United States, Ford is preparing for the possible entry of Chinese carmakers into the US market in the next 5 to 10 years. (Jiemian News)
Compulsory implementation of CCC certification for electric vehicle charging piles has officially taken effect since August 1
Since August 1, the State Administration for Market Regulation (Certification and Accreditation Administration of China) has enforced the compulsory product certification (CCC certification) management for electric vehicle power supply equipment. By carrying out tests on key safety indicators including electric shock prevention, short-circuit protection, fire resistance and flame retardancy, as well as inspections of enterprises' on-site quality assurance capability and product consistency, the bottom line of product quality and safety is effectively consolidated. With the continuous popularization and development of new energy vehicles in China, electric vehicle power supply equipment (commonly known as charging piles) has become critical infrastructure that meets people's travel demands. Since August 1, electric vehicle power supply equipment without valid CCC certification is prohibited from leaving the factory, being sold, imported or used in any other business activities. For equipment that has already been put into operation before August 1, operators shall strictly comply with relevant provisions of the Product Quality Law of the People's Republic of China and the Consumer Rights and Interests Protection Law of the People's Republic of China, to ensure that the commodities or services they provide meet the requirements for protecting personal and property safety. (Xinhuanet)
Nearly 1.2 million Tesla vehicles under investigation
Recently, the U.S. National Highway Traffic Safety Administration has announced that it has officially launched a preliminary investigation into nearly 1.2 million Tesla vehicles after receiving multiple complaints about suspension failures. The NHTSA stated that the agency has received a total of 156 complaints related to Tesla suspension malfunctions, mainly involving the 2018 to 2020 Model 3 and 2021 to 2023 Model Y models. The failure is manifested as the front lower lateral link of the vehicle falling off, which may cause the vehicle to lose control in extreme cases. Up to now, no reports of casualties caused by this failure have been received. (CCTV Finance)
The coverage of housing provident fund contribution has been expanded, and flexible employees can voluntarily make contributions
To deepen the reform of the housing provident fund system and better meet the diversified housing needs of contributors, the Ministry of Housing and Urban-Rural Development launched the revision of the *Regulations on the Administration of Housing Provident Fund* not long ago, and publicly solicited opinions from the public on the *Revised Draft for Comments of the Regulations on the Administration of Housing Provident Fund*. Reporters combed through the content and found that the draft for comments mainly features three major highlights. First, the coverage of contribution has been expanded: it clearly specifies that individual industrial and commercial households, non-full-time employees and other flexible employees can voluntarily participate in the housing provident fund system, which means groups including food delivery riders, couriers and online car-hailing drivers will also be eligible to contribute to the housing provident fund in the future. Second, the scope of use has been broadened: it explicitly includes the renovation of self-occupied housing and the payment of property fees into the scenarios where housing provident fund can be withdrawn. That is to say, the applicable scenarios have been expanded from "house purchase" and "house rental" to "house renovation" and "house maintenance", making the use of funds more diverse. In addition, it is clarified that efforts will be made to strengthen the digital capacity building of the provident fund, enhance cross-regional, cross-department and cross-level business collaboration, and promote the mutual recognition and mutual loan of housing provident fund. (CCTV News)
Bao'an District of Shenzhen Includes Electric Bicycle Violations in the Credit Reference System
Bao'an District, Shenzhen has incorporated traffic violations of electric bicycles into the personal credit reference system. In accordance with the *Regulations on Penalties for Road Traffic Safety Violations of the Shenzhen Special Economic Zone*, if a non-motor vehicle driver is fined more than five times within one year, or has more than three unhandled traffic violations within one year, the violation information will be submitted to credit reporting agencies. At present, Bao'an District has legally entered the violation information of 50 cycling residents into the credit information system. The person in charge of the relevant department of Bao'an District stated that the linkage between traffic violations and credit constraints is a statutory governance measure of the Shenzhen Special Economic Zone. It guides residents to travel in compliance with the law through credit constraints, reminds people in the jurisdiction to handle vehicle violation records in a timely manner, consciously abide by road traffic safety laws and regulations, and protect their credit records. (IT Home)
The proportion of second-hand home transactions across the country exceeded that of new homes in the first half of the year
In the first half of this year, the proportion of second-hand home transactions nationwide surpassed that of new homes, reaching 50.4%. The traditional incremental transaction pattern dominated by new home sales is accelerating its transformation to a pattern that gives equal weight to both new and second-hand homes, and the real estate market has entered the stock era. In accordance with the requirement of "controlling increment, destocking, and optimizing supply" put forward at the Central Economic Work Conference, a number of cities are also adopting various measures to revitalize existing housing stock, promote the optimal allocation of existing housing resources and activate the value of stock housing. (CCTV Finance)
Cool Products
WeChat's earthquake early warning function has been updated, supporting "Shake Intensity Aggregation" and "Location Update"
According to the news on August 2, China Earthquake Networks Center recently announced that WeChat Earthquake Early Warning has launched two new functions: "Shake Intensity Aggregation" and "Location Update". As introduced, the newly launched "Shake Intensity Aggregation" function can be used for rapid collection and comprehensive display of public shake intensity information after an earthquake. After taking shelter promptly upon receiving the early warning, users can conveniently feedback the shake intensity they experienced at their location through the early warning details page of the WeChat Earthquake Early Warning mini-program, with precise map positioning and quick selection of the corresponding shake intensity. The relevant information is processed through professional algorithm rules to form a shake intensity distribution map, which provides a reference for the public to quickly understand the actual shake intensity in different regions. The "Location Update" function further improves the real-time matching capability between the earthquake early warning service and the user's actual location. Users can receive prompts according to their travel arrangements and location changes, and update the early warning subscription location in the mini-program in a timely manner, so that the push of earthquake early warning information matches the current active area, further enhancing the relevance and practicality of the early warning service. (IT Home)
Edited | Chang Yi