Guan Cha Zhe Wang·2025-10-28 03:17Group 1: Market Developments - The first batch of three newly registered companies in the Sci-Tech Innovation Board's growth layer officially listed today, marking a significant step in the establishment of this new segment just over four months after the announcement by the China Securities Regulatory Commission [1] - The three companies include two high-tech enterprises in the biopharmaceutical sector and one in the semiconductor materials field, all of which are currently unprofitable [1] Group 2: Stock Market Performance - The "Magnificent 7" index of major U.S. tech stocks rose by 2.40%, reaching a record high of 208.95 points, with a cumulative increase of 4.35% over the last three trading days [2] - Tesla shares increased by 4.31%, Google by 3.6%, and both Nvidia and Apple saw gains of over 2% [2][3] Group 3: Corporate News - Former Alibaba Group Vice President Peng Chao has launched a new company named "Yun Jue Technology," focusing on AI wearable devices and smart agents [5] - The first product from Yun Jue Technology will combine wearable hardware with an intelligent agent, aiming to enhance consumer experiences in high-frequency sports environments [5][6] - AMD has established a $1 billion partnership with the U.S. Department of Energy to build two supercomputers for various scientific challenges, including nuclear energy and cancer treatment [10] Group 4: Regulatory Issues - Apple has been fined €48 million (approximately $55.9 million) by a French court for unfair marketing practices related to its iPhone sales contracts with mobile operators [8] - The penalties include €8 million in fines and compensation to several mobile operators, with Bouygues Telecom receiving €16 million, Iliad €15 million, and SFR €7.7 million [8]