Core Viewpoint - Bilibili's stock price increased by nearly 5% following the announcement of its new game "Three Kingdoms: Hundred Generals Card" and the recruitment of a new technology head, indicating positive market sentiment towards the company's growth prospects in gaming and technology sectors [1] Group 1: Game Development - Bilibili's new game "Three Kingdoms: Hundred Generals Card" has been revealed and is currently available for pre-registration, with a public test scheduled for October [1] - The game is described as a new asymmetric casual competitive card game and is expected to achieve daily active users (DAU) in the millions, with a full launch planned for the 2026 Spring Festival [1] Group 2: Management and Talent Acquisition - Zhang Di, former Vice President at Kuaishou and a key figure in AI technology, has joined Bilibili as the head of the technology division [1] - Zhang Di has a strong background in data science and machine learning, having previously worked at Alibaba and Kuaishou, which may enhance Bilibili's technological capabilities [1] Group 3: Market Outlook - According to Goldman Sachs, Bilibili's participation in their Asia-Pacific Leaders Forum highlighted the company's focus on its gaming product line and release schedule [1] - Guosen Securities noted that Bilibili's community and user advantages are significant, and with the integration of new technologies like AI, there is substantial growth potential in gaming, advertising, and value-added services [1]

维立志博-B(09887)发布公告，评价奥帕替苏米单抗(PD-L1/4-1BB双特异性抗体LBL-024)单药或联合其 他药剂用于一线治疗晚期黑色素瘤的Ib/Ⅱ期临床试验(NCT07099430)首例患者已成功用药。 本次开展的Ib/Ⅱ期、多中心临床试验由福建省肿瘤医院陈誉教授牵头，全国多家医院共同参与。该试 验旨在评价奥帕替苏米单抗单药或联合用药治疗晚期黑色素瘤的疗效及安全性。 ...

Group 1 - Starbucks is in the process of selling its controlling stake in its China business, with final bids expected by early October from firms including Carlyle, Hillhouse, Sequoia China, and Boyu Capital [2] - The CEO of Starbucks, Brian Niccol, indicated that the company is looking for suitable partners to expand its presence in China, aiming to open 20,000 to 30,000 stores in the future [2] - Starbucks intends to retain control over its coffee roasting facilities in China to maintain quality, while the specifics of the share sale are still negotiable [2] Group 2 - Luckin Coffee has significantly outperformed Starbucks in China, with a 47.1% year-on-year revenue growth in Q2, reaching 12.36 billion yuan, while Starbucks only saw an 8% increase to 7.9 billion yuan [3] - In Q2, Luckin's same-store sales grew by 13.4%, driven primarily by an increase in cup volume, contrasting with Starbucks' same-store sales growth of only 2% [3] - The competitive landscape in China is prompting domestic capital to pursue Starbucks, as there are still many localized growth opportunities for the company [3]

Core Viewpoint - Shoucheng Holdings (00697) announced its investment in the Zhongjin Vipshop Outlets Closed-End Infrastructure Securities Investment Fund (Zhongjin Vipshop Outlet REIT), managed by its subsidiary, Shoucheng Jicheng, which aims to revitalize existing assets and promote consumer upgrades and domestic demand expansion [1] Investment Details - The investment is part of the Beijing Pingzhun Infrastructure Real Estate Equity Investment Fund Partnership (Limited Partnership), which is expected to inject new momentum into the development of consumer infrastructure [1] - The Zhongjin Vipshop Outlet REIT is based on the Shanjing Outlets project in Ningbo, Zhejiang Province, recognized for its high asset quality and sustainable operational capabilities, making it a benchmark project in the domestic outlet sector [1] Economic Impact - The successful listing of the Zhongjin Vipshop Outlet REIT is anticipated to introduce long-term capital into consumer infrastructure, providing quality scenarios for consumer upgrades and contributing to the expansion of domestic demand and dual circulation [1] - This initiative is also expected to stabilize and invigorate the capital market, aiding in the continuous recovery of the national economy [1] Future Strategy - The company plans to continue increasing its investment in China's core intelligent infrastructure real estate sector, leveraging its first-mover advantage in the REITs field and enhancing collaboration with leading domestic commercial operators and industry players [1] - The focus will be on the efficient revitalization and value enhancement of infrastructure assets [1]

Core Viewpoint - The Hang Seng Index rose by 1.53% to 26,484.72 points, while the Hang Seng Tech Index increased by 2.18% to 6,016.97 points, indicating a positive trend in the market, particularly in technology stocks [1] Group 1: Stock Performance - Technology stocks showed significant gains, with Baidu Group rising over 8% and Alibaba increasing nearly 6% [1] - The sectors of non-ferrous metals, pharmaceutical biology, and real estate also experienced notable increases [1] Group 2: Sector Performance - Coal, oil and petrochemicals, and food and beverage sectors saw slight declines [1]

Core Viewpoint - The investment by Shoucheng Holdings in the CICC Vipshop Outlets REIT aims to revitalize existing assets, promote consumer upgrades, and expand domestic demand, injecting new momentum into the development of consumer infrastructure [1] Company Summary - Shoucheng Holdings' subsidiary, Shoucheng Jicheng, is participating in the management of the Beijing Pingzhun Infrastructure Real Estate Equity Investment Fund, which is investing in the CICC Vipshop Outlets REIT [1] - Vipshop Holdings Limited is recognized as a leading brand discount e-commerce platform in China, focusing on "brand special sale" discount products [1] - The CICC Vipshop Outlets REIT is based on the Shanjing Outlets project in Ningbo, Zhejiang Province, showcasing excellent asset quality and sustainable operational capabilities [1] Industry Summary - The successful listing of the CICC Vipshop Outlets REIT introduces long-term capital into consumer infrastructure, providing quality scenarios for consumer upgrades and contributing to the expansion of domestic demand and dual circulation [1] - The investment strategy of Shoucheng Holdings emphasizes a commitment to increasing investments in China's core intelligent infrastructure real estate sector, leveraging the first-mover advantage in the REITs field [1] - The company aims to deepen cooperation with leading domestic commercial operators and industry players to enhance the efficient revitalization and value enhancement of infrastructure assets [1]

Core Viewpoint - The announcement highlights the establishment of a strategic partnership between Sai Crystal Technology and Hunan Sanan Semiconductor, aimed at mutual benefits in the semiconductor and power device sectors [1] Group 1 - Sai Crystal Technology's subsidiary, Sai Crystal Asia Pacific Semiconductor Technology (Zhejiang) Co., Ltd., signed a strategic cooperation framework agreement with Hunan Sanan Semiconductor [1] - The partnership is based on shared development intentions and the strengths each party possesses in the semiconductor and power device business [1] - The collaboration aims to achieve a win-win situation for both companies [1]

Core Viewpoint - The company is exploring the use of stablecoin payment and settlement solutions for product sales outside mainland China, aiming to enhance payment efficiency and reduce costs for cross-border e-commerce clients [1] Group 1: Company Initiatives - The company has opened an account with an independent third-party service provider specializing in digital payment solutions involving fiat currencies and stablecoins [1] - The integration of virtual assets is expected to create significant business opportunities for the company [1] Group 2: Market Context - There is an increasing acceptance of cryptocurrencies in the global business community [1] - The company serves numerous cross-border e-commerce and overseas offline store clients who have ongoing needs for local payments and cross-border settlements [1] Group 3: Benefits of Stablecoin Adoption - Utilizing stablecoin payment methods is anticipated to enhance payment efficiency and lower costs, better meeting the needs of cross-border e-commerce clients [1] - The adoption of stablecoin payments is expected to help mitigate exchange rate risks faced by the company when transacting with clients outside mainland China [1]

Core Viewpoint - The announcement highlights the establishment of a strategic partnership between Sai Crystal Technology and Hunan Sanan Semiconductor, aimed at mutual benefits in the semiconductor and power device sectors [1] Group 1 - Sai Crystal Technology's subsidiary, Sai Crystal Asia Pacific Semiconductor Technology (Zhejiang) Co., Ltd., signed a strategic cooperation framework agreement with Hunan Sanan Semiconductor Co., Ltd. on September 12, 2025 [1] - The partnership is based on a shared development intention and the respective advantages in the semiconductor and power device businesses [1] - The collaboration aims to achieve a win-win situation for both parties involved [1]

合作内容 (i) 产能保障：三安半导体根据赛晶半导体的需求，确保稳定及时的向赛晶半导体供应产品；赛晶半导 体在三安半导体的生产计划中享有优先供应权。双方将共同评估市场增长潜力，制订产能扩展计划。 (ii) 价格竞争力：三安半导体承诺为赛晶半导体提供在国产器件市场具有竞争力的价格机制。 (iii) 技术支持：双方建立技术交流平台，联合研发项目。 (iv) 市场协同：双方将共享行业趋势等关键信息，以制定产品开发计划和市场策略。双方也将共同探索 新的市场机会。 格隆汇9月12日丨赛晶科技(00580.HK)公布，于2025年9月12日，公司旗下子公司赛晶亚太半导体科技 (浙江)有限公司("赛晶半导体")与三安半导体签订战略合作框架协议，正式建立全面战略合作伙伴关 系。 (v) 供应链优化：双方共同建立供应链风险评估和应对机制，确保供应链的稳定性和抗风险能力。(vi) 可持续发展双方共同承担环保责任，参与或发起社会责任项目。 (vii) 国际合作：双方共同探索国际市场机会，参与国际标准的制订。 据悉，赛晶半导体主要从事研发及制造功率半导体器件。三安半导体是三安光电股份有限公司(一家于 上海证券交易所上市的公司(股份代 ...