IPO and Financing - Baillie Gifford is reportedly considering an IPO in Hong Kong [1] - Huadian New Energy has received approval from the CSRC for its IPO registration on the Shanghai Stock Exchange [2] - Beijing Zhenyuan Chengchuan Technology Co., Ltd. has completed a 30 million yuan A-round financing to enhance its "Zhihui" ecosystem [12] Corporate News - Walmart plans to raise prices on certain products in the U.S. due to tariff policies, indicating that the cost increases exceed what retailers can absorb [8] - China Telecom has appointed Liu Guiqing as the new President and COO [6] Market Trends - The average annual salary for urban non-private sector employees in China is reported to be 124,110 yuan for 2024 [5] - The Guangzhou high-speed maglev train is being developed to reach speeds of 600 km/h, potentially reducing travel time to Beijing to four hours [6] Financial Performance - Fuji Media Holdings reported a net loss of 20.1 billion yen (approximately 1 billion yuan) for the fiscal year 2024, marking its first loss since its listing in 1997 [13] - Samyang Foods reported a 67% increase in operating profit for Q1, reaching 134 billion won, driven by strong overseas demand for its "Buldak noodles" [14]