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Private credit blows up, JPMorgan makes money on both sides: acting as creditor and helping others short.

Private credit blows up, JPMorgan makes money on both sides: acting as creditor and helping others short.

``` The crisis in the software industry is driving the private credit market toward a massive liquidation, with JPMorgan playing a rare dual role—being both one of the largest sources of funding for the sector and proactively providing clients with short-selling channels for related assets. This Monday, Apollo Global Management

Price increases and cost reductions boost Master Kong’s profits by over 20% in 2025

Price increases and cost reductions boost Master Kong’s profits by over 20% in 2025

``` On the occasion of its thirtieth anniversary as a listed company, the veteran food giant Master Kong has entered a new stage. According to the financial report, in 2025 Master Kong achieved revenues of 79.068 billion yuan, a slight year-on-year decrease of 2.0%; the gross profit margin increased

One of the largest oil refineries in the United States exploded and caught fire, with a daily production capacity of 395,000 barrels; oil prices rebounded significantly!

One of the largest oil refineries in the United States exploded and caught fire, with a daily production capacity of 395,000 barrels; oil prices rebounded significantly!

``` A major accident occurred at a key U.S. refinery, combined with escalating geopolitical tensions in Iran, driving a rapid rebound in international oil prices in a single day. On March 23 local time, an explosion and large-scale fire broke out at the Valero refinery in Port Arthur, Texas. According

Mixue Bingcheng's net profit in 2025 surged by 33% year-on-year, revenue grew by 35.2%, and global stores expanded to nearly 60,000 | Earnings Report

Mixue Bingcheng's net profit in 2025 surged by 33% year-on-year, revenue grew by 35.2%, and global stores expanded to nearly 60,000 | Earnings Report

``` With large-scale expansion of its store network and an efficient supply chain system, Mixue Bingcheng has continued to strengthen its cost-leadership advantage in the increasingly competitive freshly made beverages track, and delivered annual results in 2025 with both revenue and profit reaching historical highs. On Tuesday, Mixue Bingcheng announced its

China Resources Beer wraps up 14th Five-Year Plan: Sets aside 2.8 billion for liquor impairment, high-end and diversification strategies unchanged

China Resources Beer wraps up 14th Five-Year Plan: Sets aside 2.8 billion for liquor impairment, high-end and diversification strategies unchanged

March 23, China Resources Beer released its final report card for the "14th Five-Year Plan." In 2025, the group achieved a total revenue of RMB 37.985 billion, a year-on-year decrease of 1.68%. Due to a goodwill impairment of RMB 2.877 billion for the baijiu business

Drones--the hot "physical AI," rare earths remain crucial

Drones--the hot "physical AI," rare earths remain crucial

Drones are upgrading from "battlefield tools" to a broader and larger industrial chain. According to Wind Trading Desk, Zornitsa Todorova, thematic FICC research analyst at Barclays, stated in the latest report that the global drone market has doubled from about $20 billion (2020) to over $40 billion (2025)

"The signal from the world's largest asset manager! Fink: For ordinary people, if they don't invest in giants, AI will widen the gap between rich and poor."

"The signal from the world's largest asset manager! Fink: For ordinary people, if they don't invest in giants, AI will widen the gap between rich and poor."

BlackRock CEO Larry Fink warned in his annual letter to shareholders that the economic disruption brought by artificial intelligence will intensify wealth inequality, and the best way to address this risk is to broaden investment participation. Fink stated that AI is "the most important technology at least since the