Hong Kong shares of Huabao international fell more than 70%, and Zhu linyao, a director and controlling shareholder, was investigated on suspicion of violating the law.

Chinese Education Goes Global: Capturing a Trillion-Dollar Market

A TikTok filter challenge called "Mandarin Fruit Voices" has gone viral. Essentially a straightforward Mandarin learning game with crude animations, minimalist gameplay, and fruit-based pronunciation exercises drawn from early childhood education materials, it has nonetheless captivated international users. For those who once struggled with English, the long-held dream of a world united by Chinese now appears increasingly within reach.

PingPong Among First Asian Payment Firms to Support Wero Transactions

Global payment platform PingPong recently announced it will be among the first Asian payment companies to support business use of Wero. In October this year, Wero will launch its To B payment service. After launch, businesses will be able to access this unified European digital payment service via PingPong, reaching 250 million European users.

Microsoft, Meta, Apple and Amazon Released Earnings Reports, All Surpassing Expectations

On July 31, Microsoft and Meta respectively released their latest quarterly earnings reports, with both performances far exceeding market expectations.

Trump Has Issued Tariff Threats to 14 Countries

On July 7, local time, U.S. President Donald Trump announced on social media that he had sent tariff letters to multiple countries. As of now, he has issued the latest tariff threats to 14 countries.

Trip.com Opens Over 1,100 Overseas Positions in 75 Cities Across 23 Countries

Recently, Trip.com has opened over 1,100 overseas positions in 75 cities across 23 countries, including London and Tokyo, covering business lines such as hotels and resorts. At the same time, the company has launched a CNY 1 billion tourism innovation fund and established strategic partnerships with hotel groups in Thailand, Malaysia, and other countries.