Group 1: Autonomous Vehicles and Logistics - Baidu has launched open road testing for its Apollo Go autonomous vehicles in the UAE, with plans to deploy thousands of self-driving cars in partnership with Uber, marking the first such initiative in Asia and the Middle East [2] - A new international cargo route from Urumqi to Dubai has been established, significantly reducing transportation time from 20-30 hours to approximately 6 hours, enhancing logistics efficiency by over 70% [2] Group 2: Mergers and Acquisitions - In the first half of 2025, the UAE's merger and acquisition transaction volume reached $25.4 billion, accounting for 43% of the total $58.7 billion in the MENA region [3] Group 3: Banking and Financial Performance - As of May 2025, the total assets of UAE banks increased by 2.7% to AED 4.878 trillion, with total credit rising to AED 2.293 trillion, a growth of 1.5% [3] - The UAE Central Bank's gold reserves grew by 25.9% in the first five months of the year, reaching AED 28.933 billion [3] Group 4: Digital Economy and Startups - In the first half of 2025, Dubai's digital economy chamber supported 308 digital startups, a 39% increase from the previous year [3] - The Dubai International Chamber attracted 143 new companies in the first half of 2025, a 138% increase year-on-year, including 31 multinational companies [4] Group 5: Renewable Energy and Infrastructure - Masdar has invested over AED 6.19 billion (approximately $1.685 billion) in renewable energy projects through green bonds, which are expected to reduce CO2 emissions by over 6.28 million tons annually [5] - Masdar has decided to pause its green hydrogen project and shift focus to data centers due to changing market dynamics [5] Group 6: Electric Vehicles and Charging Infrastructure - Parkin has signed a 10-year agreement to deploy 200 "ultra-fast" electric vehicle charging stations in Dubai, aiming to reduce charging time to under 30 minutes [5] - Faraday Future plans to establish a factory in Ras Al Khaimah, UAE, for assembling its FX Super One electric vans, supported by AED 30 million (approximately $8.1 million) in initial funding [6] Group 7: Economic Growth and Trade - Qatar's economy is expected to grow by 4.8% in 2026, with signs of recovery in the non-energy sector [7] - Qatar's total foreign trade reached QAR 476.28 billion in 2024, a 1.3% increase year-on-year, with a trade surplus of QAR 215.64 billion [7] Group 8: Financial Center and Investments - The Qatar Financial Center registered 828 new companies in the first half of 2025, a 64% increase year-on-year, reflecting investor confidence in the Qatari market [8] - Qatar's royal family has committed to invest $31 billion in Botswana and Zambia for infrastructure and development projects [8]

Group 1 - The Hong Kong stock market opened strong on August 25, with the Hang Seng Index and Hang Seng Tech Index both rising over 1%, driven by leading tech companies like Kuaishou and Alibaba, which saw gains of over 2% [1] - The Hong Kong Internet ETF (513770) experienced a jump of 1.95% and has seen a significant inflow of funds, totaling 448 million yuan over five consecutive days, bringing its total assets to 8.289 billion yuan, a record high [6][10] - The performance of the Hong Kong Internet Index has outpaced the Hang Seng Tech Index, with a cumulative increase of over 35% since the beginning of the year, indicating strong market momentum [9][12] Group 2 - Federal Reserve Chairman Jerome Powell's recent comments suggest a potential shift towards interest rate cuts, which could benefit the Hong Kong stock market, particularly the tech sector sensitive to liquidity [3][4] - Analysts from Guojin Securities and Shenwan Hongyuan Securities predict that the likelihood of consecutive rate cuts in 2023 has increased, with a focus on the unemployment rate and tariff impacts on inflation [3][4] - The upcoming earnings reports from major internet companies like Alibaba and Meituan are anticipated to act as catalysts for market movements, as the sector is positioned for a "valuation recovery + performance realization" opportunity [4][10]

Core Insights - The article highlights two main categories of the "user refund not received" issue, indicating a need for improved communication and system functionality [1] Group 1: Refund Process Issues - One category involves delays in updating information related to the refund process on the platform, leading to user misunderstandings [1] - The second category pertains to a limited number of orders where users' payment channels, such as bank cards or third-party payment tools, experience issues, preventing refunds from being processed back to the original payment method [1] Group 2: Alternative Refund Solutions - In cases where refunds cannot be processed to the original payment method, the system will credit the refund amount to the user's Meituan balance [1] - A very small number of orders may show "refund failed" due to issues with the user's payment channels, but the system will still follow the refund process and return the full amount to the user's wallet balance [1]

Group 1 - The core issue addressed is the refund process and user concerns regarding delayed refunds on the Meituan platform [1][3] - Meituan has established a special customer service team to address refund inquiries and has improved the display of refund information for orders placed after 2017, allowing users to track their refunds independently [1][9] - For historical orders prior to 2017, users can still inquire about their refund status through customer service [1] Group 2 - The refund issues are categorized into two main types: one related to the platform's information display and the other concerning payment channel anomalies for a small number of users [3][7] - Users experiencing refunds that show as "under review" or "processing" are informed that this is due to delayed updates, which have been resolved [3][5] - In cases where refunds fail, the funds will be returned to the user's Meituan wallet, but if the wallet is inactive or the account is closed, users must contact customer service for assistance [7][9] Group 3 - Meituan emphasizes that all refund data is traceable and users can verify the status of their refunds [9] - The company acknowledges that the misunderstanding arose from inadequate and untimely information display and is committed to enhancing product features for a better user experience [9]

Group 1 - The United States has suspended tax exemptions for imported packages valued at $800 or less starting from August 29, leading to several European postal operators halting package services to the U.S. This move is expected to create uncertainty in global postal cooperation and impact cross-border logistics and small businesses [1] Group 2 - In the first seven months of 2025, China's import and export volume with Shanghai Cooperation Organization member countries reached 2.11 trillion yuan, a year-on-year increase of 3%, marking a historical high for the same period [2] - Shenzhen's total import and export volume for the first seven months of 2025 was 2.58 trillion yuan, remaining flat compared to the previous year, with exports at 1.56 trillion yuan and imports at 1.02 trillion yuan [3] Group 3 - Meituan's international food delivery brand Keeta has officially launched in Doha, Qatar, with plans to expand further into the Gulf Cooperation Council region and enter Brazil in the coming months [4] - Lenovo Group is accelerating its strategic expansion in the Middle East by establishing a regional headquarters in Riyadh, Saudi Arabia, and plans to start production in a new manufacturing facility by 2026 [5] Group 4 - Transsion Holdings ranked first in the African smartphone market with a shipment of 9.7 million units, capturing 51% market share, and ranked second in Southeast Asia with 4.5 million units shipped, representing an 18% market share and a year-on-year growth of 17% [6] Group 5 - AliExpress has launched a new marketing AI Agent called "New Product Lightning Push," which automates resource integration for merchants, resulting in a doubling of new products achieving sales within seven days compared to April [7] - Amazon has initiated the "Amazon Global Store Central China Four Provinces Industrial Belt Accelerator Project," focusing on local service upgrades and global opportunities for cross-border e-commerce businesses [8] Group 6 - Cha Bai Dao announced the opening of its first North American store in New York, following its expansion into Singapore and France earlier this year [9][10] - Great Wall Motors' factory in Brazil has officially commenced production, with an annual capacity of 50,000 vehicles, initially producing key models like the Haval H6 and H9 [11] Group 7 - NIO plans to enter Singapore, Uzbekistan, and Costa Rica markets between 2025 and 2026, collaborating with Wearnes Automotive for its first right-hand drive model in Singapore [12] - BYD announced plans to build an assembly plant in Malaysia, expected to start production in 2026, alongside the opening of its 36th store in the country [13] Group 8 - Pop Mart reported a revenue of 13.88 billion yuan in the first half of the year, a year-on-year increase of 204.4%, with expectations to expand its overseas store count to over 200 by the end of the year [14] - Miniso's overseas revenue increased to 19.4 billion yuan, a growth of 28.6%, while its total revenue reached 93.93 billion yuan, up 21.1% year-on-year [15] Group 9 - Aoji Co. expects a significant decline in net profit for the first half of 2025, projecting between 100 million to 130 million yuan, a drop of 50% to 62% year-on-year, attributed to increased costs from tariff policy changes and logistics [16] - Muyuan Foods has established an overseas business team to explore international markets, aiming to replicate its domestic advantages in high-growth potential regions [17][18]

Industry Overview - The U.S. will suspend tax exemptions on imported packages valued at $800 or less starting August 29, leading to several European postal operators halting package services to the U.S., creating uncertainty in global postal cooperation [1] - In the first seven months of 2025, China's trade with Shanghai Cooperation Organization member countries reached 2.11 trillion yuan, a year-on-year increase of 3%, marking a historical high for the same period [2] - Shenzhen's total import and export volume for the first seven months of 2025 was 2.58 trillion yuan, remaining stable compared to the previous year, with exports at 1.56 trillion yuan and imports at 1.02 trillion yuan [3] Company Developments - Meituan's international food delivery brand Keeta has officially launched in Doha, Qatar, with plans to expand into more Gulf Cooperation Council countries and Brazil in the coming months [3] - Lenovo announced the establishment of a regional headquarters in Riyadh, Saudi Arabia, and is set to begin production at a new manufacturing facility in 2026 [4] - Transsion ranked first in the African smartphone market with 9.7 million units shipped, holding a 51% market share, and second in Southeast Asia with 4.5 million units shipped, representing an 18% market share [5] - AliExpress launched a new marketing AI Agent to help merchants quickly sell new products, resulting in a doubling of new products achieving sales within seven days since July [6] - Amazon launched a project to accelerate the development of local service systems and brand innovation in four provinces in Central China [7] - Cha Bai Dao announced the opening of its first North American store in New York, following its expansion into Singapore and France earlier this year [8] - Great Wall Motors' factory in Brazil has officially commenced production, with an annual capacity of 50,000 vehicles [9] - NIO plans to enter Singapore, Uzbekistan, and Costa Rica markets between 2025 and 2026, marking its first right-hand drive model launch in Singapore [9] - BYD announced plans to build an assembly plant in Malaysia, expected to start production in 2026, alongside the opening of its 43rd store in the country [10] - Pop Mart reported a revenue of 13.88 billion yuan in the first half of the year, a 204.4% increase year-on-year, and plans to expand its overseas store count to over 200 by the end of the year [10] - Miniso's overseas revenue increased by 28.6% year-on-year, contributing to a total revenue of 93.93 billion yuan in the first half of 2025 [11] - Aoki Co. expects a 50% to 62% decline in net profit for the first half of 2025 due to increased costs from tariff policy adjustments and logistics [12] - Muyuan Foods has established an overseas business team to explore international markets, aiming to replicate its domestic success in high-growth potential regions [13]

Core Viewpoint - Recent concerns have emerged regarding refund issues on Meituan, with users reporting that refunds for expired group purchase vouchers have not been credited back to their accounts, prompting a response from the company [1][2]. Group 1: User Concerns and Company Response - Users have expressed dissatisfaction on social media about refunds not being credited, particularly for historical orders [1]. - Meituan's customer service has established a special team to address these refund inquiries and has made updates to improve the visibility of refund information [2][3]. - The company clarified that if users receive a "refund successful" notification, the funds have indeed been returned to their accounts, countering claims of unprocessed refunds [2]. Group 2: Refund Process and Issues - The refund issues are categorized into two main types: delays in displaying refund progress and problems with specific payment channels [2]. - For orders from 2017 onwards, users can independently check the status of their refunds, while older orders require customer service assistance [2]. - In cases where refunds cannot be processed back to the original payment method, funds will be credited to the user's Meituan balance, with alternative arrangements available for users with account issues [2][3]. Group 3: Technical Improvements and User Experience - Meituan has acknowledged that some users experienced delays in seeing their refund status updated, which has now been rectified [3]. - The company is committed to enhancing its product features to ensure a more reliable and user-friendly experience, aiming to prevent future misunderstandings regarding refunds [3].

Core Viewpoint - Meituan has addressed consumer concerns regarding refund issues, clarifying that the problems stem from information display delays and payment channel anomalies, and has implemented system updates to improve transparency and user experience [1][3][4]. Group 1: Refund Issues - The refund issues reported by consumers mainly fall into two categories: incomplete refund information updates and failed refund notifications [1]. - For refunds that are processed but not displayed correctly, Meituan has optimized its system to ensure users can refresh their order details to see accurate refund statuses [3]. - A small number of users experienced issues due to problems with their payment channels, leading to refunds being credited to their Meituan balance instead [4]. Group 2: Refund Process and Communication - Meituan emphasizes that if users receive a "refund successful" notification, the funds have indeed been returned to their accounts, although some may not see the updated status due to system delays [3]. - Users can verify the actual refund status through their original payment channels, and Meituan has provided support for those who may have forgotten their payment details [4]. - The company has also been proactive in communicating with users through SMS to ensure they are aware of their refund statuses [4]. Group 3: Historical Refund Policy - Meituan has had an "expired refund" policy in place since March 2011, which allows for automatic refunds on unconsumed vouchers within a specified timeframe [5]. - This policy applies to most online sales, excluding certain products with specific consumption dates, and refunds are processed within seven working days after the expiration of the voucher [5]. - The implementation of this policy has been widely adopted by other local service platforms, indicating its effectiveness in enhancing customer service [6].

Core Points - Meituan has acknowledged user complaints regarding "refunds not received" and has established a special customer service team to address the issue [1] - The company has identified two main categories of problems related to refund information: incomplete updates on refund progress and a small number of failed refunds due to issues with users' payment channels [1] - Meituan assures that all refund data is traceable and users can check the status of their refunds [1] - The company has also opened a refund channel for users to reclaim deposits after acquiring Mobike, reminding users to apply for their refunds through the Meituan app [1] Summary by Categories Customer Service Response - Meituan's customer service team has been mobilized to handle the increased volume of inquiries regarding refunds [1] - The company has committed to helping users trace every order in question [1] Refund Issues - The primary issues identified are related to the timely display of refund progress and a limited number of failed refunds due to payment channel problems [1] - Refunds that cannot be processed back to the original payment method will be credited to the user's Meituan balance, with further assistance provided if the account is inactive [1] User Communication - Meituan has apologized for the misunderstandings caused by inadequate information display regarding refunds [1] - The company encourages Mobike users to apply for their deposit refunds through the Meituan app [1]

Core Viewpoint - The article addresses the issue of users reporting "refunds not received" on Meituan, highlighting the company's response and the nature of the problems encountered [1]. Group 1: User Refund Issues - Meituan's customer service announced the establishment of a special team to address refund issues reported by users on social media [1]. - The refund issues are categorized into two main types: one involves delays in displaying refund progress information, leading to user misunderstandings; the other involves a small number of cases where users' payment channels (bank cards or third-party payment tools) experience issues, causing refunds to be credited to the user's Meituan balance instead [1]. - A very small portion of orders showed "refund failed" due to problems with users' payment channels, with the system redirecting refunds to the user's wallet balance [1].