Group 1 - The company, New World, currently has no export business to EU countries [1]

Group 1 - The company, New World (600628.SH), currently has no export business to EU countries [2]

Core Viewpoint - Perfect World is intensifying its internal anti-corruption efforts by addressing serious employee misconduct and illegal activities, particularly within its art department [2][4]. Group 1: Internal Actions - On January 15, Perfect World announced the results of investigations into multiple cases of employee and supplier collusion and misconduct from 2025, leading to the criminal detention of three art department employees [2]. - The implicated employees were part of key projects, including the art team for "New Zhu Xian World" and the original action group leader and art director for "Perfect New World," who engaged in bribery and price inflation during outsourcing procurement [2][4]. - The company has a zero-tolerance policy towards corruption and has established channels for reporting misconduct, leading to ongoing investigations based on new information [4]. Group 2: Previous Anti-Corruption Efforts - This is not the first large-scale anti-corruption initiative by Perfect World; a previous action in July 2025 involved a broader range of employees, including heads of various departments and four suppliers being blacklisted [4]. - The current investigation is more focused, targeting specific individuals involved in art procurement, demonstrating the company's commitment to thorough accountability, even for former employees [4]. Group 3: Industry Context - The gaming industry's art outsourcing sector is prone to corruption due to its high expenditure and specialized nature, making it a critical area for governance [4]. - Perfect World's repeated announcements of internal anti-corruption cases reflect a shift towards more refined governance practices within the gaming industry, emphasizing the importance of internal risk control as a core competitive advantage as competition matures [4].

Core Viewpoint - Harvard University has dropped to third place in the Leiden University Ranking, with Chinese universities rising rapidly, indicating a potential shift in global academic dominance and raising concerns about the future of American higher education [1][2][3]. Group 1: Ranking Changes - Harvard University was once the top research university globally but has now fallen to third place in the Leiden University Ranking, with Zhejiang University now ranked first [1][2]. - The ranking shift reflects a broader trend where Chinese universities are increasingly recognized for their research output, with seven Chinese universities now in the top ten [2][3]. - Despite an increase in research output, Harvard remains the only American university near the top of the ranking, while other U.S. institutions have also seen their rankings decline [3][4]. Group 2: Impact of U.S. Policies - The decline in American university rankings coincides with significant cuts to federal research funding under the Trump administration, which has heavily impacted universities that rely on government support for research [1][4]. - The reduction in funding and the implementation of travel bans and anti-immigration policies have created additional pressures on U.S. universities, potentially harming their global reputation and ability to attract international talent [4][7]. - The number of international students in the U.S. decreased by 19% compared to the previous year, which may further damage the standing of American universities [4][6]. Group 3: Global Competition - The competition in global higher education is intensifying, with other countries, particularly China, making significant investments in research and development, leading to faster progress compared to the U.S. [2][4]. - Experts warn that the U.S. is at risk of falling behind as Chinese universities continue to improve their research output and quality [3][4]. - The trend of declining rankings for U.S. universities is not limited to research output but also reflects broader issues such as financial stability and student interest [8][9]. Group 4: Future Implications - The ongoing decline in rankings may have long-term implications for the ability of U.S. universities to attract top talent, both students and faculty, which is crucial for maintaining their global standing [11][12]. - While some rankings that consider factors beyond research output still show strong performance for U.S. universities, the overall trend indicates a potential erosion of American dominance in higher education [8][9]. - The relationship between university rankings and national strength is complex, but historical examples suggest that a decline in academic quality can have far-reaching consequences [12].

Core Viewpoint - Perfect World is intensifying its internal anti-corruption efforts by addressing serious misconduct involving employees and suppliers, reflecting a commitment to governance and accountability in the gaming industry [1][3] Group 1: Internal Actions - On January 15, 2026, Perfect World announced the criminal detention of three employees from its art department for bribery and embezzlement, following a series of investigations into corruption cases in 2025 [1] - The implicated employees were part of the core art team for major projects, including the art lead for the "New Zhu Xian World" and former leads for the "Perfect New World" project, who colluded with suppliers to inflate prices and accept bribes [1] - This action follows a previous anti-corruption initiative in July 2025, which involved a broader range of employees and resulted in the blacklisting of four suppliers [3] Group 2: Industry Context - The gaming industry's art outsourcing procurement is characterized by high costs and specialization, making it a susceptible area for corruption [3] - Perfect World's repeated public disclosures of internal anti-corruption cases indicate a shift towards refined governance practices within the industry, essential for maintaining project integrity and competitiveness [3] - As competition in the gaming sector matures, internal risk control capabilities are becoming a critical component of corporate competitiveness [3]

Group 1 - New World Development (0017.HK) saw its stock price rise over 15% to HKD 9.5, reaching a 15-month high since October 2024 [1] - Recent personnel changes occurred within New World, with Chairman Zheng Jiachun and CEO Huang Shaomei taking roles in New World Department Store China (0825.HK) as Chairman and Vice Chairman, respectively [1] - New World Department Store China announced the resignation of CEO Xie Huifang, with Huang Shaomei temporarily overseeing daily management and overall leadership until a new CEO is appointed [1] Group 2 - Bank of America released a report optimistic about Hong Kong's property prices, stating that the residential market is expected to have bottomed out by mid-2025, with a stronger recovery anticipated in 2026 [1] - The recovery is expected to extend to core business district (CBD) office spaces and high-end retail sectors [1]

Group 1 - New World Development (00017.HK) has seen a significant increase of over 15%, with a cumulative rise of nearly 30% within the month [2] - As of the latest update, New World Development is up by 12.52%, trading at 9.26 HKD, with a transaction volume of 345 million HKD [2]

Group 1 - New World Development (00017) has seen a stock price increase of over 15%, with a cumulative rise of nearly 30% within the month, currently trading at HKD 9.26 with a transaction volume of HKD 345 million [1] - Recent market rumors suggest that Marriott International is considering a strategic acquisition of the Rosewood Hotel Group, a subsidiary of Chow Tai Fook Enterprises, referred to internally as the "Pegasus Plan" [1] - Marriott International has stated it will not comment on rumors or speculation regarding mergers or other transactions, while Rosewood Hotel Group confirmed that it is not for sale and all hotels are operating as usual [1] Group 2 - Morningstar has released a report upgrading the fair value of New World Development, citing better-than-expected progress in asset disposals and stable performance in core leasing operations as reasons for the valuation increase [1] - The report highlights that the trends in Hong Kong's interest rates and changes in property market policies remain key variables for future performance [1]

Group 1 - New World Development (00017) has seen a stock price increase of over 15%, with a cumulative rise of nearly 30% within the month, currently trading at 9.26 HKD with a transaction volume of 345 million HKD [1] - There are market rumors regarding Marriott International's potential strategic acquisition of Rosewood Hotel Group, owned by Chow Tai Fook Enterprises, referred to internally as the "Pegasus Plan" [1] - Marriott International has stated it will not comment on rumors or speculation regarding mergers or other transactions, while Rosewood Hotel Group confirmed that it is not for sale and all hotels are operating as usual [1] Group 2 - Morningstar has upgraded the fair value of New World Development, citing better-than-expected progress in asset disposals and stable performance in core leasing business as reasons for the valuation increase [1] - The report highlights that the trends in Hong Kong interest rates and changes in property market policies remain key variables for future performance [1]

Group 1 - Hong Kong real estate stocks are experiencing a strong rally, with New World Development (00017.HK) rising over 10% [1] - Zhengshang Industrial (00185.HK) has increased by more than 9% [1] - Other companies such as Fantasia Holdings (01777.HK) and Zhongliang Holdings (02772.HK) are also seeing gains [1]