Core Insights - The article discusses the emergence of "AI Zhangle," a pioneering AI-native application focused on trading scenarios in the financial industry, highlighting its advanced interaction capabilities and potential to reshape the future of finance [1][7]. Group 1: AI Application Features - "AI Zhangle" introduces a language user interface (LUI), moving away from traditional graphical user interfaces (GUI), which enhances user interaction [3]. - The application offers personalized digital avatars that guide users through the trading process, emphasizing a simplified experience with features like voice ordering, which allows users to place trades verbally, reducing manual input errors [4][5]. - Key functionalities include AI stock selection strategies, such as limit-up and hot stock selection, leveraging large model analysis to identify market trends and related sectors [5][6]. Group 2: Trust and User Engagement - Establishing a deeper trust connection between the AI and users is crucial, especially as the application handles core trading functions like order placement [5][10]. - The AI's ability to monitor market signals in real-time offers advantages over human monitoring, such as reducing distractions and oversight [6]. Group 3: Challenges and Future Prospects - The financial industry faces challenges in developing AI products that require accurate data and extensive industry knowledge to minimize errors and enhance performance [9][11]. - The article notes that while "AI Zhangle" aims for a personalized user experience, it still has room for improvement in context understanding and long-term memory capabilities [11]. - The investment in technology and the development of specialized models are essential for creating a competitive edge in the evolving financial landscape, with "AI Zhangle" positioned as a potential game-changer [11][12].

Core Viewpoint - The humanoid robot industry is experiencing a surge, with Yushu Technology and Zhiyuan Robotics as the leading companies in a race to become the first to go public in this sector [4][10]. Group 1: IPO Progress - Yushu Technology has initiated its IPO process, with plans to submit its application between October and December 2025 [5][19]. - Zhiyuan Robotics has also been rumored to be planning a Hong Kong IPO next year, with a target valuation between $5.1 billion and $6.4 billion [6][19]. - Despite denials from Zhiyuan regarding a reverse merger, market expectations for its IPO have risen, evidenced by a significant increase in the stock price of its target company, Upwind New Materials, which surged over 1100% since July [7][19]. Group 2: Competitive Landscape - The competition between Yushu and Zhiyuan is intensifying, with both companies showcasing their products and securing significant contracts [12][45]. - Yushu has achieved the highest global shipment volume of humanoid robots and has maintained profitability since 2020, with annual revenue exceeding 1 billion yuan [21][44]. - Zhiyuan, on the other hand, is focusing on a "soft and hard integration" strategy, emphasizing AI and large models in its product offerings [51][55]. Group 3: Product Development and Market Strategy - Both companies have rapidly developed their product lines, with Yushu launching its first humanoid robot in August 2023, followed closely by Zhiyuan [30][34]. - Yushu's pricing strategy has been aggressive, with its G1 robot priced at 99,000 yuan, while Zhiyuan has also introduced competitive pricing for its products [35][36]. - The two companies are increasingly encroaching on each other's market territories, with Yushu beginning to emphasize AI in its offerings, while Zhiyuan expands into the quadruped robot market [46][52]. Group 4: Future Outlook - The humanoid robot market is still in its early stages, with significant challenges in commercialization and technology maturity [55][56]. - Both companies are aware of the need to find more commercial applications for humanoid robots, as the industry continues to attract new players [56][57].

Core Viewpoint - The article discusses the potential recovery of the Hong Kong real estate market, driven by significant investments from major companies like Alibaba and the positive performance of the Hong Kong stock market, which historically leads the real estate market trends [4][7][17]. Group 1: Market Dynamics - Alibaba is reportedly negotiating to purchase the One Island East building in Hong Kong for approximately HKD 7 billion, indicating a shift from renting to owning office space in a recovering market [4][10]. - The Hong Kong stock market has shown strong performance, with the Hang Seng Index rising 54.22% year-to-date and the Hang Seng Tech Index increasing by 66.29%, suggesting a positive investment climate [5][30]. - Historical data indicates that the Hong Kong stock market often leads the real estate market, with the property price index lagging behind stock market movements by several months [5][28]. Group 2: Real Estate Trends - The Hong Kong private residential property price index has seen a continuous increase for four months, with a 0.4% rise in July, marking a cumulative increase of over 1% [12]. - Rental prices in Hong Kong have also been on the rise, with the rental index reaching 196.3 points in July, close to the historical high of 200.1 points in August 2019 [13][36]. - The rental yield in Hong Kong has improved, with some areas showing yields of 4%-5%, indicating a favorable environment for real estate investment [15][38]. Group 3: Future Outlook - The article suggests that the recovery of the Hong Kong real estate market may be supported by three main factors: the wealth effect from the stock market, supply-demand dynamics, and declining interest rates [34]. - Predictions indicate that the total transaction volume in the Hong Kong real estate market could reach between 58,000 to 60,000 units in 2025, with prices potentially stabilizing or increasing by up to 2% [32]. - Analysts remain optimistic about the market, with expectations of a 5%-10% increase in property prices and rents if the Federal Reserve continues to lower interest rates [41].

Core Viewpoint - The article discusses the increasing trend of high-end shopping malls being put up for sale in China, particularly focusing on the cases of Beijing SKP and Huiju, highlighting the impact of changing consumer behavior and economic conditions on the commercial real estate market [2][3][9]. Group 1: Market Dynamics - The commercial real estate market is experiencing a shift, with many shopping centers, including top-tier malls like SKP and Huiju, being listed for sale due to economic pressures and changing consumer spending habits [3][9]. - The sale of shopping centers is not solely driven by financial distress; it reflects a broader trend where even successful malls are reassessing their positions in the market [8][9]. - The transaction volume in the commercial real estate sector is increasing, with a notable rise in the proportion of commercial transactions from 18% in 2024 to 20% in 2025 [9]. Group 2: Specific Cases - Huiju and SKP have been highlighted as prime examples of successful malls that are now on the market, with Huiju's three centers in Wuxi, Beijing, and Wuhan collectively valued at 16 billion yuan [7][9]. - Beijing SKP, known for its high sales figures, is also on the market, with a proposed sale of 42%-45% of its management rights and assets [8][9]. - The article notes that the average rent for SKP exceeds 100 yuan per square meter per day, significantly higher than the national average of 20-30 yuan per square meter per day [8]. Group 3: Consumer Behavior and Economic Impact - The changing economic landscape has led to a decline in consumer spending, particularly among the middle class, which has affected foot traffic and sales in high-end malls [23][24]. - Data indicates that Beijing SKP's revenue is projected to drop by 17% to 22 billion yuan in 2024, reflecting the broader struggles faced by luxury retailers [23]. - The article emphasizes that the success of malls like SKP and Huiju was initially driven by affluent consumers and a growing middle class, but current economic conditions are challenging this dynamic [14][20]. Group 4: Investment Trends - Insurance companies have emerged as significant players in the commercial real estate market, with over 100 billion yuan invested in the sector from 2022 to 2024 [28][29]. - The introduction of REITs (Real Estate Investment Trusts) in China has changed the investment landscape, allowing for more flexible investment strategies in commercial properties [29]. - The article suggests that while many shopping centers are available for sale, the quality of available assets is limited, leading to a competitive market for desirable properties [38].

Core Points - The three major telecom operators in China (China Unicom, China Mobile, China Telecom) have received approval to conduct commercial trials for eSIM mobile services [5] - Apple announced that the iPhone Air model A3518, which supports eSIM, will be available for sale in mainland China starting October 22 [5][18] Group 1: eSIM Overview - eSIM is a digital SIM card that allows users to activate a cellular plan without needing a physical nano-SIM card [7] - Users can have their original physical SIM card number embedded into the eSIM, eliminating the need for a physical card [7] Group 2: Activation Process - To activate eSIM on the iPhone Air, users must visit the telecom operator's physical store, as Apple stores do not handle eSIM activation [9] - Once the original physical SIM card number is written into the eSIM, the original SIM card will no longer be usable unless a new number is written in [9] Group 3: Service Availability - Users can activate eSIM services by visiting the stores with their ID and a compatible device, with no prior online appointment needed [13] - China Mobile will start processing eSIM activations on October 22, while China Unicom requires online appointments, with over 180,000 reservations already made [14] Group 4: Pricing Structure - Currently, there is no clear pricing standard for eSIM services, but activation is reported to be free at the moment [16] - China Unicom offers two types of eSIM services: a dual-device plan for 10 yuan per month and an independent virtual number plan for 20 yuan per month, which includes 100 minutes of calls and 2GB of data [16] Group 5: Supported Devices - The iPhone Air model A3518 is the only model confirmed to support eSIM in the Chinese market [18] - Other devices supported by eSIM include smartwatches, tablets, and in-car devices, with China Mobile providing a comprehensive range of eSIM products [19]

以下文章来源于三联生活实验室 ，作者Lily 三联生活实验室 . Never Bored 城市Cool Guy生活样本 重返天通苑。 文 ｜ Lily 来源｜ 三联生活实验室（ID：LIFELAB2020） 封面来源 ｜ 视觉中国 提起亚洲最大小区天通苑，即使是不住在北京的年轻人，也都多少听闻过这里的都市传说。 此地位于北京五环外，挤满了全北京最"拼"的年轻人， 传说这里的常住人口超冰岛总人数，早高峰地铁进站要排队半小时； 新来的年轻人把它当北漂新手村、城中贫民窟，大批北漂用两千块在这里租下一个单间， 让天通苑变成了"北漂睡城"； 而对于资深北漂来说，它则是离开了就不会再回去的奋斗史， 是每当谈起北京生活时嘴里的谈资。 但谁能想到，如今的天通苑早已今时不同往日， 曾经的"北京睡城"，摇身一变成了最适合北漂们买房上车的"上岸第一站"。 曾经，北漂们住进天通苑，是为了有朝一日离开；而如今混出头的北漂，居然开始重返天通苑、琢磨起在这里定居了。" 这种远离城市中心、房子都是落地 窗大平层、下楼就能去森林公园里遛狗的生活， 不就是所谓的老钱？" 北漂瞧不起的天通苑， 最近翻红了? 图源：小布丁人 先是住在群租房里的北漂 ...

Core Insights - The article discusses the recent funding round of "Shexu Technology," a provider of industrial AI generative design software, which raised several million yuan in a Pre-B round led by Yonghua Investment and GF Xinde, with a total funding exceeding 100 million yuan over the past year [6][10]. Company Overview - "Shexu Technology" was established in 2020 and offers a product called "Shanshe," an industrial intelligent generative design software that utilizes a self-developed industrial world model and a natural language model to provide intelligent 3D design solutions and 2D engineering drawings [6][7]. - The founder and CEO, Wu Yongrong, has a background in advanced manufacturing from Tongji University and has previously worked at General Advanced Manufacturing Laboratory and NIO [6]. Market Trends - The article highlights two major trends in the industrial AI software sector: the continuous enhancement of foundational large model capabilities, which improves multi-modal information processing and interaction experiences, and the deepening specialization of vertical industrial world models that reach the essence of industrial mechanisms [6][7]. Product Capabilities - "Shanshe" has been applied in various sectors, including automotive, 3C, and energy, with major clients such as BYD, Honda, Shanghai Electric, and COMAC. The software significantly enhances design efficiency, reportedly increasing it by several times to over tenfold, while also improving consistency and quality [7][9]. Financial Performance - Wu Yongrong stated that the company expects to exceed 100 million yuan in orders this year, with revenue approaching 100 million yuan, and has maintained a compound annual growth rate of over 100% in recent years [9]. Future Plans - "Shexu Technology" plans to expand its model capabilities and product offerings, extending from design to processes and manufacturing, including intelligent design reviews, intelligent process planning, and intelligent machining code generation [9]. - The company aims to enhance its software business and penetrate overseas markets, where there is strong demand for its products, having already established preliminary cooperation with some European clients [9]. Investor Perspectives - Yonghua Investment's managing director, Tang Zheng, emphasized the importance of AI in driving efficiency in the manufacturing sector and praised "Shexu Technology" for addressing complex industrial needs and developing a robust industrial world model [10]. - GF Xinde's project leader, Zhang He, highlighted the innovative potential of "Shexu Technology" in redefining the value of engineers and creating significant commercial value through its product "Shanshe," which enhances design efficiency and reduces costs for clients [11].

Group 1 - The announcement of the 2026 national civil service examination confirms that the age limit for applicants has been raised from 35 to 38 years old, with a total recruitment plan of 38,100 positions [3] - The adjustment in age requirements is explained as a response to the gradual implementation of delayed retirement age policies [3] - The incident involving a Rolls-Royce accident was attributed to the use of assisted driving, highlighting the importance of understanding the capabilities of different brands' assisted driving systems [3] Group 2 - JD.com clarified that its upcoming car launch does not involve direct manufacturing, as it collaborates with CATL and GAC Group to provide consumer insights and exclusive sales [4] - The popular bakery brand 85°C has closed multiple stores in cities like Hangzhou, Shanghai, and Nanjing, linked to financial struggles faced by its parent company [7] - The Chinese government is set to implement a digital process for registering new domestic cars, eliminating the need for physical visits to vehicle management offices starting November 1 [10] Group 3 - The third quarter results for JPMorgan Chase showed a net profit of $14.4 billion, a 12% increase year-on-year, with net revenue rising by 9% to $47.1 billion [21] - The third quarter net profit for Xiaogoods City reached 1.766 billion yuan, marking a 101% year-on-year growth, with total revenue for the first three quarters at 13.061 billion yuan, up 23.07% [21] - The cycling economy is experiencing significant growth, with the number of bicycle-related enterprises in China reaching approximately 4.68 million, showing a continuous increase over the past decade [22]

以下文章来源于财经杂志 ，作者焦建 财经杂志 . 《财经》杂志官方微信。《财经》杂志由中国证券市场研究中心主办，1998年创刊，秉承"独立、独家、独到"的新闻理念，以权 威性、公正性、专业性报道见长，是政经学界决策者、研究者、管理者的必读刊物。 近十年持续涨工资后，香港公务员一年相关薪酬总开支近1500亿港元。以起薪点每月超过6万港元的政务主任岗位为例，跨国企业或当地 金融机构也"未必愿意给出这一薪酬"。 文 ｜ 焦建 编辑 ｜ 苏琦 来源｜ 财经杂志（ID：i-caijing） 封面来源 ｜ 视觉中国 随着中国香港特区公务员联合招聘于 十月初截止申请，本年度依然超过2万份的申请数字，意味着当地的"考公热"已持续三年左 右。 以在2023年至2024年度获聘用成为公务员的人士为例， 年龄最大及最小的获聘者分别为64岁及18岁。 综合测算下来，作为中国 香港特区就业市场当中的最大"雇主"，截至2024年底，香港共有约17.3万名公务员。 在香港减少赤字的大背景下，前述政务主任及二级行政主任的招聘目标人数均较上一年度有所减少。具体报名数字则显示，今年 香港特区政府共接获约2.07万份申请，其中政务主任职位的招聘总 ...

以下文章来源于36氪未来消费 ，作者彭倩 36氪未来消费 . 在这里看到消费的未来。36氪旗下官方账号。 AI的作用不止提效。 文 ｜ 彭倩 编辑 ｜ 乔芊 来源｜ 36氪未来消费（ID：lslb168） 封面来源 ｜ IC photo AI变革生产力的时代来了，传统国际贸易的方法正在成为过去，这对电商平台和百万外贸企业来说，既是机遇也是挑战。 国际站（Alibaba.com）是阿里国际商业集团下专注国际贸易的B2B跨境电商平台，拥有5000多万活跃的企业级买家，是最大的B2B出海平台。AI时代， 国际站为他们提供了AI化的电商搜索和经营的新方案，帮他们提升匹配效率的同时，找到新的增长空间。 早在AI的风全面刮向电商行业前，阿里国际站已提出要"All in AI"，也是最早迈出这一步的电商平台之一。这个如今看来很对、当时有些激进的举动，基 于一些预判。2年前，张阔在和36氪对话时就曾提及："AI是未来电商的核心竞争力"。 B2B贸易的问题复杂且"贵"，有很大AI化改造的空间，所以国际站也不想只用一个"AI聊天机器人"的插件类产品解决商家问题。为此，它从全球贸易主链 路出发，一个一个环节做AI化，研发和迭代AI ...