Playing the workers’ carnival? Haidilao awarded 1,500 backbones with 159 million shares.
Large companies
Changan Automobile said it was “untrue” to cooperate with Huawei to develop chips.
It is reported that Huawei and Changan Automobile have been informally cooperating to develop automotive chips in the past few months. On May 21, foreign media reported that Huawei is currently expanding its cooperation with Chongqing Changan Automobile Co., Ltd. in smart cars, and plans to jointly design and develop automotive chips. In response to this, a person from Changan Automobile responded to the reporter that the report was “untrue.” Huawei said that in terms of publicly announcing cooperation matters, it will be subject to information from automakers. (China Business News)
Honor CEO Zhao Ming: Chip supply will be fully restored in June, and the market share has been restored to 8%
Honor CEO Zhao Ming said that the chip supply will be fully restored from June, and the market share has been restored to 8%. (Tencent first line)
The 1500 backbone of Haidilao received 159 million shares in equity awards. Haidilao: Based on the choice of business contribution
On May 20, Haidilao issued an announcement stating that the board of directors has passed a share award plan to grant shares today. This time, Haidilao will grant 159 million shares to the grantee, including management members, regional coordinating coaches, some family heads and restaurant managers, some business and technical backbones, and more than 1,500 employees and multiple consultants. The announcement shows that Haidilao’s new shares to be issued and allotted to the trustee account for approximately 3% of the issued share capital as of the date of the announcement. The grantor granted 159 million shares. (Daily Economic News)
The developer of “automatically grabbing red envelopes” constitutes unfair competition, and Tencent wins 4.5 million compensation
Recently, a developer of external software that automatically grabs red envelopes was sentenced to Tencent’s 4.5 million yuan for constituting unfair competition. The software involved in the case allows users to automatically grab the red envelopes inside when they do not start WeChat, obtain traffic through software downloads, and then use advertisements to realize traffic monetization. The Beijing Intellectual Property Court ruled that the software used technical means to impede or disrupt the normal operation of the “grab red envelope” function legally provided by WeChat software operators, which constituted unfair competition. (21st Century Business Herald)
Li Xueling, founder, chairman and CEO of Huanju Group, takes over BIGO
Starting from February this year, Huanju Group founder, chairman and CEO Li Xueling has personally taken over BIGO, a subsidiary of Huanju Group. BIGO’s business leaders no longer report to BIGO President Hu Jianqiang, and instead report directly to Li Xueling. Hu Jianqiang is currently on vacation. BIGO’s live streaming application Bigo Live is the second largest non-gaming application in China in terms of overseas revenue, second only to TikTok. (LatePost late)
United Imaging is considering a Hong Kong IPO and may raise at least US$1 billion.
United Imaging is considering a Hong Kong IPO and may raise at least US$1 billion. (Bloomberg)
JD Logistics has been subscribed by more than 1 million people, more than 700 times overbuying
JD Logistics has closed its IPO. According to market news, JD Logistics has been subscribed by more than 1 million people, over-purchasing by more than 700 times, and freezing capital of more than 550 billion Hong Kong dollars. (Hong Kong Economic Times)
Tencent becomes a rights-holding broadcaster for the 2020 Tokyo Olympics and Beijing 2022 Winter Olympics
It is learned that today, Tencent announced that it has reached an official cooperation with China Central Radio and Television Station. It will serve as the right-holding broadcaster for the 2020 Tokyo Olympics and the Beijing 2022 Winter Olympics. Users bring brilliant Olympic video content, rich and diverse self-made programs, and a full range of live interactive experience. As a result, Tencent has also become the largest Internet company among the global Olympic rights-holding broadcasters.
Kaishou won the broadcasting rights of the Tokyo Olympics and Beijing Winter Olympics
It was learned that today, Kuaishou officially announced the signing of an authorization cooperation agreement with China Central Radio and Television. The platform has obtained the video-on-demand and short video rights for the 2020 Tokyo Olympics and the Beijing 2022 Winter Olympics, officially becoming the 2020 Tokyo Olympics and Beijing 2022. The rights-holding broadcaster of the Winter Olympics will bring users the video content of the Olympic Games and the interactive experience on multiple platforms. This means that Kuaishou has become the world’s first short video and live broadcast platform to obtain the Olympic Games broadcast copyright.
Baic Blue Valley completed fixed increase, CATL received 300 million yuan allocation
It is learned that BAIC Blue Valley’s fixed increase has been completed and the total amount of funds raised is 5.5 billion yuan, of which CATL received 300 million yuan and Ping An Asset Management Co., Ltd. 100 million yuan. UBS AG was allocated nearly 85 million yuan.
Alibaba stock traded 14.2 million shares at HK$206 per share through a block trade
Alibaba stock traded 14.2 million shares at HK$206 per share through a block trade. (Bloomberg)
China Resources is considering letting China Resources Vanguard IPO in 2022, or raising US$2 billion in funds
China Resources is considering allowing China Resources Vanguard to IPO in 2022, or to raise US$2 billion; China Resources Vanguard may raise US$400 million before the IPO. (Bloomberg)
Tmall announced that freight insurance will be reduced, and merchants will reduce their expenses by 25% a year
It is learned that today, Taobao and Tmall officially announced that starting from May 24, platform merchants’ “return freight insurance” fees will be reduced across the board. After the fee reduction, it is expected that merchants’ annual freight insurance costs will drop by an average of 25%. This adjustment will benefit the most from small and medium-sized merchants and merchants with higher returns on freight insurance. There are 250,000 brands participating in Tmall 618 this year, 2.5 times that of last year. The new plan shows that the merchant’s “return freight insurance” single order premium: the lowest is reduced from 0.15 yuan to 0.01 yuan (a decrease of up to 93%), the highest is reduced from 3.3 yuan to 3 yuan, and all premium standards have been implemented to varying degrees Down.
Qualcomm Ventures announced its venture capital investment in 5 companies including Pangbot
It is learned that today, Qualcomm Ventures announced its venture capital investment in 5 Chinese companies, including Pangbot, a technology company focused on robotics and artificial intelligence (AI). , Cellular Vehicle Networking (C-V2X) and computer vision related solutions provider Zhuo Shi Zhitong, a new investment in Shiju Networks, a high-tech enterprise focusing on 5G protocol stacks and O-RAN software and hardware, and industrial AI in the pan-semiconductor field Solution provider ZongMu Technology, a provider of solutions for autonomous driving and advanced driving assistance systems, Sentu Technology, and ZongMu Technology.
Zeng Yuqun of CATL: Sodium batteries will be released around July this year
At the shareholder meeting held today, Ningde Times Chairman Zeng Yuqun revealed that sodium batteries will be released around July this year. Due to the new launch, sodium batteries may be Lithium batteries are expensive. (Finance Association)
IMT-2020 (5G) promotion group 5G millimeter wave test plan made milestone progress
It is learned that today, ZTE, China Unicom, Qualcomm Technologies and TVU Networks announced that Sifang has successfully completed the world’s first 5G millimeter wave 8K video backhaul service demonstration based on a large uplink frame structure on the 26GHz (n258) frequency band in a laboratory environment. According to the 5G millimeter wave test plan of the IMT-2020 (5G) promotion group, the millimeter wave large uplink frame structure will be promoted in 2021 to support differentiated application scenarios. Real-time backhaul of ultra-high-definition video, especially 8K video, places very high requirements on the uplink bandwidth of the mobile network.
Five companies including Ant Group have passed the first batch of multi-party secure computing financial application testing
It is learned that recently, the National Financial Technology Evaluation Center (Bank Card Testing Center) announced the first batch of products that passed the evaluation of multi-party secure computing financial application technology. 6 products of 5 companies including Control Clearing, WeBank, Matrix Yuan, and Fortune Technology passed the evaluation.
Investment and financing
“Micoot” received 360 million yuan in Series B financing
It has been learned that “Micoot” has recently completed 360 million yuan in round B financing. This round of financing was led by Newer Capital. Suzhou Rongsheng Pioneer Venture Capital Partnership, Ningbo Meishan Free Trade Port Zone Fengchuan Hongbo Investment Management Partnership (Limited Partnership), Jiaxing Shanjin Equity Investment Partnership (Limited Partnership) followed cast. Existing shareholders Northern Light Venture Capital, Tasly Capital Huaxin Fund, Xi’an Jingcheng Daxing Enterprise Management Partnership (Limited Partnership) continued to invest more. The funds raised will be used to advance the clinical trials of a series of dual-functional peptide drugs published by the company’s China-US Double News, to further enrich the research and development pipeline and accelerate the construction of Suzhou’s industrialization base.
Data intelligence service provider “Zhongke Wenge” received D round of 200 million yuan strategic financing
It was learned that the data intelligence service provider “Zhongke Wenge” recently completed a D round of 200 million yuan strategic financing. This round of financing was led by a fund of Shenzhen Press Group. CMB International, a subsidiary of China Merchants Bank, Industrial Guoxin Asset Management, a subsidiary of Industrial Bank, and Nanxin Venture Capital, a fund of New Media, and Huagai Capital jointly invested. The financing funds will be mainly Used by Zhongke Wenge to conduct market and sales penetration in the fields of digital finance, business intelligence, and health, to implement more industrial applications, improve its enterprise-level data intelligence basic platform and service system, and technology to boost social intelligence and industry intelligence .
New Products
Honor Zhao Ming: Honor 50 series released in June will be equipped with Snapdragon 778G chip
Honor Terminal CEO Zhao Ming said at the Beijing 2021 Qualcomm Technology and Cooperation Summit today that in the next two months, Honor will release a series of flagship phones, such as the Magic series and the digital series. The Honor 50 series will be released in June. It will be equipped with the Snapdragon 778G 5G platform. (Sina Finance)
Today’s View
Bitcoin mining surpassed Sweden’s national electricity consumption in one year, ranking 27th in the world
According to data from the Alternative Finance Research Center of the University of Cambridge, as of May 17, 2021, the annual power consumption of global bitcoin mining is approximately 134.89 TWh (1 TWh is 1 billion kWh Electricity), exceeding the electricity consumption of Sweden. (Daily Economic News)
Hong Kong’s Hang Seng Index closed up 0.03% today, and Kuaishou rose 5.73%
It was learned that the Hong Kong Hang Seng Index closed up 0.03% today, Bilibili fell 0.19%, Tencent Holdings fell 3.37%, JD.com rose 2.85%, NetEase rose 4.82%, Alibaba rose 0.97%, Meituan rose 0.73% , Xiaomi Group rose 0.37%, Baidu rose 1.45%, and Kuaishou rose 5.73%.
Musk: Except for rockets, all vehicles in the future will be electric.
Tesla CEO Elon Musk said in a speech in Russia today that there is no doubt that the future of cars will achieve autonomous driving. Except for rockets, all future vehicles will be electric. He also stated that the logical next step is to establish a permanent base on the moon and eventually a city on Mars. (Sina Technology)
Other important news
The National Cyberspace Administration of China notified 105 apps including Douyin on the illegal collection and use of personal information
It was learned that the National Internet Information Office organized a test on the personal information collection and use of some apps that are frequently used by the general public, such as short videos, browsers, and job hunting. 105 apps including Douyin, Kuaishou and Baidu collect and use personal information in violation of laws and regulations. In response to the problems found in the test, the relevant App operator should complete the rectification within 15 working days from the date of publication of the notification.
Many banks in Hangzhou raised mortgage interest rates, and the adjusted first home interest rate was 5.4%
Recently, many banks in Hangzhou raised mortgage interest rates. After the adjustment, the first home interest rate is 5.4%, and the second home interest rate is 5.5%. Previously, interest rates were at 5.2% for the first set and 5.38% for the second set. “Now the four major banks are starting to raise the adjustment, and other banks may follow up in the next few days.” The Hangzhou intermediary confirmed the news. (Sina Finance)
Hong Kong plans to limit the service of cryptocurrency exchanges to professional investorsCapitalist
The Hong Kong Special Administrative Region government recommends that cryptocurrency exchanges operating in Hong Kong must be licensed by the Hong Kong market regulator and can only provide services to professional investors. Since last year, the Hong Kong Financial Services and Finance Bureau has been consulting the market on changes in crypto trading rules. The agency stated in a statement that it intends to submit legislation at the upcoming 2021-22 session of the Legislative Council. (Sina Finance)