Core Viewpoint - Weibo has been criticized for failing to manage harmful content on its platform, leading to regulatory actions from the National Internet Information Office, which has mandated corrective measures [2][3]. Group 1: Regulatory Actions - The National Internet Information Office has taken measures against Weibo for not fulfilling its responsibility in managing content, including a formal meeting, a deadline for corrections, warnings, and stricter penalties for responsible individuals [2]. - Weibo has acknowledged the criticism and is forming a special task force to address the issues related to the management of trending topics [2]. Group 2: Response and Commitment - Weibo is committed to improving its management capabilities and will enhance its content management systems, focusing on the governance of trending topics and the complaint mechanisms for trending terms [2]. - The platform aims to uphold public interest and values by optimizing its trending algorithms and reinforcing the public nature and correct value orientation of its trending lists [2][3].

Group 1 - The core issue involves the National Internet Information Office's actions against Weibo for failing to fulfill its responsibilities in managing content, particularly regarding the promotion of inappropriate information on its trending topics list [2] - Weibo has acknowledged the criticism and is taking steps to rectify the situation by forming a dedicated team to address the issues related to its trending topics and overall content management [1][2] - The company plans to enhance its management capabilities and improve its trending topic algorithms to ensure a more responsible and transparent platform, while also committing to combat behaviors that harm the online ecosystem [1] Group 2 - The National Internet Information Office has implemented measures against Weibo, including a formal warning and a directive for the platform to make corrections within a specified timeframe [2] - The focus of the regulatory actions is on the presence of sensationalized content related to celebrity activities that disrupt the online environment [2]

Core Viewpoint - The recent criticism from the regulatory authorities regarding the management of trending topics on Weibo has prompted the platform to take immediate corrective actions and enhance its governance mechanisms [2] Group 1: Regulatory Response - The Cyberspace Administration of China has conducted discussions with Weibo regarding the mismanagement of its trending topics [2] - Weibo has established a special rectification working group to address the issues raised by the regulatory authorities [2] Group 2: Improvement Measures - Weibo aims to reflect deeply on its shortcomings in the construction of trending mechanisms, management rules, and ecological governance systems [2] - The platform plans to enhance its comprehensive management capabilities across all aspects of trending topic management and complaint mechanisms [2] Group 3: Commitment to Transparency - Weibo commits to optimizing its trending algorithms to strengthen the public nature and correct value orientation of its trending topics [2] - The platform will actively fulfill its responsibilities while increasing efforts to combat behaviors that harm the online ecosystem [2] Group 4: Engagement with Stakeholders - Weibo welcomes criticism and supervision from users, media, and the public regarding its rectification efforts [2] - The platform expresses its willingness to collaborate with various sectors to uphold mainstream values and maintain a clean online space [2]

Core Viewpoint - The Chinese government has criticized Weibo for its poor management of trending topics, leading to the dissemination of inappropriate content, and has mandated corrective actions [1][2]. Group 1: Government Actions - The National Internet Information Office (NIIO) has taken measures against Weibo for failing to fulfill its content management responsibilities, particularly regarding the promotion of celebrity gossip and trivial content on trending lists [2]. - Weibo has been ordered to rectify its practices within a specified timeframe and has faced warnings and stricter penalties for responsible individuals [2]. Group 2: Weibo's Response - Weibo has acknowledged the criticism and established a special task force to address the issues related to trending topic management, committing to high standards and strict requirements for ecological governance [1]. - The platform plans to enhance its management capabilities across all aspects of trending topic governance, including improving complaint mechanisms and optimizing algorithms to ensure public interest and correct value orientation [1]. Group 3: Commitment to Improvement - Weibo is dedicated to adhering to legal regulations and prioritizing public interest while actively combating behaviors that harm the online ecosystem [1]. - The platform welcomes feedback and supervision from users, media, and society regarding its rectification efforts, aiming to maintain a clear and healthy online environment [1].

Core Viewpoint - The article discusses the classification of pre-prepared meals, emphasizing the importance of consumer awareness regarding the processing levels of these products [1][2]. Group 1: Classification of Pre-prepared Meals - Instant meals are ready to eat directly after opening the packaging [2]. - Heat-and-eat meals are fully cooked and only require simple heating methods such as microwaving or boiling [2]. - Cook-to-perfection meals are semi-processed but require key cooking steps like frying or stir-frying to achieve optimal taste [2]. - Prepared ingredients have undergone initial processing such as washing and cutting, but require complete cooking by the consumer [2]. - Fresh-cut ingredients are minimally processed, involving only washing and cutting [2]. - Lightly processed raw ingredients have been marinated or seasoned but still require cooking before consumption [2]. - Semi-cooked products have been pre-boiled or pre-fried but typically need reheating and seasoning by the consumer [2]. - Fully cooked pre-prepared meals are completely finished dishes that only need heating without any additional cooking steps [2]. Group 2: Industry Insights - Luo Yonghao shared a grading standard for pre-prepared meals, indicating that consumers should have the right to know about the processing levels [2]. - In supermarkets or budget fast-food restaurants, all levels of pre-prepared meals are generally acceptable; however, in formal restaurants, only Level I is fully acceptable, with most Level II and a few Level III being tolerable, while Level IV is completely unacceptable [2].

Group 1 - The Chinese internet regulator has directed its Beijing branch to impose disciplinary measures on Kuaishou Technology and Weibo [1]

Market Overview - On September 18, Hong Kong's three major indices experienced a pullback, with the Hang Seng Index down 1.35% to 26,544.85 points, the Hang Seng Tech Index down 0.99% to 6,271.22 points, and the National Enterprises Index down 1.46% to 9,456.52 points. The tech sector saw a decline, while the semiconductor and robotics industries performed well, with Hua Hong Semiconductor rising over 8.5% and SMIC up over 2.5% [1] Southbound Capital - On September 18, southbound funds recorded a net inflow of HKD 62.88 billion, with Meituan, Alibaba, and Pop Mart receiving net purchases of HKD 14.12 billion, HKD 12.1 billion, and HKD 12.07 billion, respectively. Year-to-date, the cumulative net inflow of southbound funds has reached HKD 1,099.89 billion, significantly surpassing last year's total [2] U.S. Market Performance - U.S. stock indices reached new closing highs, with the Dow Jones up 0.27%, the S&P 500 up 0.48%, and the Nasdaq up 0.94%. Notable gains were seen in Caterpillar and NVIDIA, both rising over 3%. However, many Chinese concept stocks declined, with the Nasdaq Golden Dragon China Index down 1.79% [3] Key Developments 1. NVIDIA announced a USD 5 billion investment in Intel, purchasing shares at USD 23.28 each, a 6.5% discount to Intel's previous closing price [4] 2. At Huawei's Connect 2025 event, the company unveiled its Ascend chip roadmap, planning three series of chips through 2028, including the Ascend 950 series [4] 3. Kuaishou's Keling AI launched a new digital human feature, allowing users to create 1080p/48FPS videos from images and text or audio [4] Short Selling Data - On September 18, a total of 641 Hong Kong stocks were short-sold, with a total short-selling amount of HKD 37.879 billion. Alibaba, Baidu, and Tencent had the highest short-selling amounts, at HKD 47.94 billion, HKD 25.6 billion, and HKD 23.06 billion, respectively [5] Institutional Insights - Zheshang Securities highlighted the rapid development of AI applications in Hong Kong's internet sector, suggesting that the sector is at a historical low in valuation. The firm recommends focusing on leading internet companies with AI advancements, such as Alibaba, Baidu, and Tencent, as well as vertical application companies like Kuaishou and Meitu [6] Hong Kong ETFs - The Hong Kong Consumption ETF (513230) focuses on e-commerce and new consumption sectors, while the Hang Seng Tech Index ETF (513180) includes core AI assets and leading tech companies [7][8]

Core Viewpoint - The recent penalties imposed on Xiaohongshu highlight the platform's failure to maintain a healthy online ecosystem, with a significant focus on celebrity-driven content overshadowing quality information [1][2]. Group 1: Regulatory Actions and Responses - The National Internet Information Office has taken measures against Xiaohongshu, including interviews, deadlines for corrections, warnings, and stricter penalties for responsible parties [1]. - Xiaohongshu has acknowledged the penalties and committed to implementing corrective actions, including the establishment of a special task force to improve the management of trending topics [1]. Group 2: Content Ecosystem Challenges - Xiaohongshu's reliance on a traffic-centric development model has led to severe deviations in content review and value guidance, resulting in a deteriorating online ecosystem and diminished credibility of useful information [2]. - The platform's content quality has been criticized for mixing genuine user-generated content with promotional material, which undermines user trust [3][6]. Group 3: User Growth and Market Penetration - Despite the credibility issues, Xiaohongshu's Monthly Active Users (MAU) reached 339 million in 2024, with over 70% penetration in first-tier cities [4]. - However, the platform's user base in lower-tier markets is only 23%, indicating a significant gap compared to competitors and untapped consumer potential [4]. Group 4: Advertising and Marketing Strategies - Xiaohongshu's dual-column information flow model is designed to enhance content marketing, aiming to provide better exposure for advertisers [4]. - The platform's marketing approach risks alienating users if they cannot distinguish between organic content and marketing-driven posts, leading to a decline in user experience [6][7]. Group 5: E-commerce Developments - Xiaohongshu is shifting towards e-commerce as a primary growth avenue, introducing a "marketplace" feature and a "million commission-free plan" for merchants [8][10]. - The "buyer e-commerce" model, while unique, faces challenges similar to live-streaming sales, with potential income concentration among a few top buyers, mirroring issues seen in influencer marketing [10]. Group 6: Future Outlook - The platform's growth may stagnate if content credibility issues remain unresolved, risking a decline similar to that of Weibo [11].

每经编辑｜陈柯名 向江林 9月14日晚间，市场本以为罗永浩与西贝之间因为"预制菜"引发的矛盾冲突，应该告一段落，但没想到事态反而升级了。 稍早前，有媒体报道称，西贝创始人贾国龙在群内的表态："我应对方式有错，改。做饭的围着吃饭的转，你说咋好就咋办。" 贾国龙称，西贝今后将"打明牌"，做一个透明的西贝，彻底向胖东来学习。 有媒体报道，但没想到，贾国龙的发言，截图只呈现了一半。 对此，罗永浩发文表示："贾国龙，那这件事我们没法揭过去了。在中间再劝我的朋友，我们一律绝交吧。" 随后，罗永浩继续发文：这次的事件，总是我说几句，你说几句，容易各说各话，媒体转来转去也容易出现信息偏差，我们还是找一个大的网络平台直 播，当面公平公正冷静理性地对一次话吧。相信这也能澄清西贝的真相，并且对中国预制菜产业和餐饮行业的健康发展做一些贡献。 稍早前，罗永浩已经表态，宣布西贝预制菜事件告一段落。他期待预制菜相关的国家法规尽快出台，并表示"要忙正事了"。 编辑|陈柯名 向江林 校对|张益铭 封面图来源：视觉中国 此前，人民日报微博发布人民微评称，关于预制菜，信息需要更加透明，让消费者主动选择。预制菜的真正挑战不在于技术层面，而在于如何建 ...

Core Points - Actor Yu Menglong tragically passed away from a fall on September 11, 2025, with police ruling out foul play [1] - Yu was born in 1988 in Urumqi, Xinjiang, and gained fame after participating in the 2013 talent show "Happy Male Voice" [1] - He starred in popular dramas such as "The King's Avatar" and "Eternal Love," earning a significant fanbase [1] - Yu continued to participate in various events and shows throughout 2025, including a performance at the CCTV Spring Festival Gala [1] Summary by Sections - **Incident Details** - Yu Menglong's death was reported by Weibo on September 13, 2025, following a fall [1] - The police investigation confirmed no criminal suspicion [1] - **Background Information** - Yu was born in Urumqi, Xinjiang, and graduated from Beijing Performing Arts College [1] - He gained public attention by reaching the top ten in the "Happy Male Voice" competition in 2013 [1] - **Career Highlights** - Yu starred in several notable dramas, including "The King's Avatar" and "Eternal Love," which contributed to his popularity [1] - He participated in the variety show "Chasing Light! Brothers" in 2020 and performed at the CCTV Spring Festival Gala in 2024 [1] - In 2025, he was involved in promoting his web drama "The Unpassable Knight" and completed filming for a new drama titled "Long Night Walk" [1] - **Social Media Activity** - Yu's verified Weibo account showed he was online shortly before his death, but no public content was posted [1]