Byte's "Eye-catching Bag" has ignited interest in AI toys, but the company claims it does not intend to sell them to the public.

① The "Eye-catching Bag" is just a gift given to customers by Volcano Engine, and ByteDance does not plan to launch this toy on the market. ② AI toys have a long payment cycle and high market growth, making them one of the best scenarios for large models to take root, with the potential to meet some of the user demand for traditional children's toys, millet products, Smart Speakers, and AI virtual companionship applications.

cls.cn1minutes ago

After dismantling the "epic" Assets package worth 55.1 billion, Vanke has once again acquired land in Guangzhou.

① Today, Vanke acquired three plots of land in the Panyu District South Station Business Area for 2.88 billion yuan; ② The last time Vanke participated in the land auction market in Guangzhou was in 2020.

cls.cn14:41

Alibaba lost 9.3 billion and sold 100% of its shares in Intime, while Youngor Group made another successful investment.

① Alibaba will sell 100% equity of Intime Department Store to a buyer consortium composed of Youngor Group and Intime management team members. ② This year, Youngor Group has strengthened its investment in physical businesses, opening 13 new fashion experience stores offline. ③ Alibaba entered Intime in 2014 and gradually became the largest shareholder; as New Retail progressed to a decline, Alibaba ultimately let go of Intime.

cls.cn14:40

7.4 billion! Alibaba "shakes off" the burden, Youngor Group officially takes over Silver Intime Department Store.

Analysts point out that although the Youngor Group's acquisition helps its expansion in the retail market, the department store industry is continuously shrinking.

cls.cn13:44

Once again, the rights of high-end customers at banks have shrunk. After Construction Bank, MINSHENG BANK has adjusted the "Extraordinary Privileges" redemption rules, with cost reduction still being the core demand.

On December 16, MINSHENG BANK announced on its official website that in the first quarter of next year, it plans to adjust some rules for the extraordinary privileges program for retail customers, including an increase in points accumulation for services such as airport and High-speed Rail transfers. It is not surprising that multiple banks continue to adjust their credit card points redemption rules. The fundamental reason lies in the pressure of interest margins, which continues to dilute the banks' profits, forcing them to 'reduce costs and increase efficiency.'

cls.cn13:18

ZTE's stock in Hong Kong once surged over 9%. What happened? Quick look at the Institutions' interpretation.

ZTE has once again迎来了 a glorious moment!

Brokerage China11:46