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Category expansion drives growth, Haitai Seasoning’s first-quarter report hits new highs again.

Category expansion drives growth, Haitai Seasoning’s first-quarter report hits new highs again.

"Soy Sauce Moutai" Haitian Flavour’s quarterly report has reached a new historical high. In the first quarter, it achieved an operating revenue of 9.029 billion yuan, up 8.57% year-on-year; net profit attributable to shareholders was 2.444 billion yuan, up 10.97% year-on-year. If we

Wall Street's holdings of U.S. Treasuries have reached the highest level since 2007—does this mark the beginning of the next round of turmoil?

Wall Street's holdings of U.S. Treasuries have reached the highest level since 2007—does this mark the beginning of the next round of turmoil?

``` Wall Street's major dealers are returning to the U.S. Treasury market in the largest scale since the financial crisis, but this seemingly positive shift hardly masks the growing leverage risk accumulating on the other side—the ultra-high leveraged positions of hedge funds have become the most significant

Mag 7 earnings week arrives: Can $600 billion in capital expenditures support the AI narrative?

Mag 7 earnings week arrives: Can $600 billion in capital expenditures support the AI narrative?

One of the most intensive earnings weeks in history has arrived as expected, and the AI capital expenditure narrative is facing a key stress test. This Wednesday, Alphabet, Microsoft, Amazon, and Meta will simultaneously release their first-quarter earnings reports, with Apple following on Thursday. Current consensus expectations have fully priced

Signed! The opposition of 600 employees was useless—Google has "authorized" the AI safety switch to the Pentagon.

Signed! The opposition of 600 employees was useless—Google has "authorized" the AI safety switch to the Pentagon.

Google has signed an agreement with the U.S. Department of Defense allowing the Pentagon to use Google AI for classified work, delivered amid strong internal opposition from employees. The security restriction clauses in the agreement are ambiguously worded and have been criticized by legal experts as not legally binding,

TCL Zhonghuan's high-difficulty gear shifting at the bottom of the cycle

TCL Zhonghuan's high-difficulty gear shifting at the bottom of the cycle

``` Author | Huang Yu On the evening of April 27, TCL Zhonghuan released its first quarter 2026 financial report. Against the backdrop of the photovoltaic industry continuing the deep “involution” of 2025, this financial report still reveals the tough reality of PV companies' survival: slight increase in revenue, ongoing losses.

After the Stabilization of Net Interest Spread: Cost Reduction and Structural Transformation at Lanzhou Bank

After the Stabilization of Net Interest Spread: Cost Reduction and Structural Transformation at Lanzhou Bank

``` In the current macroeconomic environment, the financial data of regional city commercial banks intuitively reflect the real changes in credit supply and demand. On April 27, Bank of Lanzhou recently disclosed its 2025 annual report and 2026 Q1 report, showing that its total asset size has steadily surpassed the 540

China leads, the US follows, the "singularity moment" for humanoid robots has arrived!

China leads, the US follows, the "singularity moment" for humanoid robots has arrived!

``` The past month has seen more intensive developments in the global humanoid robot industry than the entire past year. Leading Chinese OEMs are already running pilot projects with hundreds of units in logistics sorting and manufacturing lines, and are requesting expansion; Boston Dynamics is preparing to deliver Atlas to Hyundai&