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Interview with Lon Shaver, President, Silvercorp MetalsOur previous interview: https://www.cruxinvestor.com/posts/silvercorp-metals-nysesvm-377m-cash-el-domo-build-drive-growth-in-silver-dominant-producer-8056Recording date: 15th June 2026Silvercorp Metals has reported a strong performance over its most recent two quarters, with sharp increases in net income and free cash flow largely driven by higher prices for silver, gold, and zinc rather than significant production growth. While output rose modestly, the primary driver of improved margins was the favorable pricing environment, which allowed more revenue per ton of ore without major new capital investment. Seasonal weakness typically seen in the March quarter was mitigated by expanded capacity at the company's flagship Ying Mining District in China.Despite these results, Silvercorp continues to trade at a valuation discount relative to peers. Management attributes this gap to its historical reliance on a single asset in a single jurisdiction, which has limited investor interest, particularly among those less familiar with operating conditions in China. To address this, the company is actively pursuing diversification across both geography and commodities.Key growth initiatives include the El Domo project in Ecuador, currently under construction and expected to begin production by mid-2027, and the Condor gold project, which is being advanced as a potentially low-cost underground mine. In addition, Silvercorp has acquired two gold projects in Kyrgyzstan, providing exposure to more than 6 million ounces of gold. These projects are central to a broader strategy to expand revenue from approximately $400 million today to over $2 billion within five to six years.The company plans to fund this expansion primarily through internal cash flow, supported by an unused $220 million credit facility. It is also seeking a secondary listing on the Hong Kong Stock Exchange to broaden its investor base. Alongside growth, Silvercorp continues to focus on cost control through electrification, off-peak energy use, and increased automation, reinforcing its position as a low-cost producer in a rising metals price environment.Learn more: https://www.cruxinvestor.com/companies/silvercorp-metalsSign up for Crux Investor: https://cruxinvestor.com
The critical importance of cross-Strait exchanges and cooperation was underscored at the 18th Straits Forum in Xiamen, Fujian province, as participants from both sides of the Taiwan Strait gathered over the weekend, overcoming obstructions from island authorities.第十八届海峡论坛在福建省厦门市举行,周末期间,两岸与会人士克服台湾当局的阻挠齐聚一堂,凸显了两岸交流合作的极端重要性。The annual forum, which started in 2009, serves as a platform to promote mutual understanding and integration between the mainland and Taiwan, emphasizing the shared cultural and economic interests binding both sides.这一始于 2009 年的年度论坛是促进大陆与台湾相互了解与融合的平台,彰显了联结两岸的共同文化与经济利益。Addressing the main conference on Saturday, Wang Huning, a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee and chairman of the National Committee of the Chinese People's Political Consultative Conference, China's top political advisory body, called for resolute opposition to "Taiwan independence" separatist activities and external interference, urging joint efforts to advance peaceful cross-Strait relations and national reunification.中共中央政治局常委、全国政协主席王沪宁周六在大会上发表讲话,呼吁坚决反对 "台独" 分裂活动和外部干涉,共同推动两岸关系和平发展与国家统一。He emphasized that the mainland stands ready to share development opportunities with Taiwan compatriots, noting that the country's blueprint for the ongoing 15th Five-Year Plan (2026-30) period will open up broader space for cross-Strait integration.他强调,大陆愿与台湾同胞分享发展机遇,我国 "十五五" 规划(2026-2030 年)蓝图将为两岸融合发展开辟更广阔空间。At a meeting on Saturday on advancing the development of the demonstration zone for integrated development across the Taiwan Strait, Wang urged greater progress in advancing such integration during the 15th Five-Year Plan period.王沪宁周六在推进海峡两岸融合发展示范区建设座谈会上,要求在 "十五五" 时期推动两岸融合发展取得更大进展。He called for supporting Fujian in exploring new mechanisms, pathways and models for cross-Strait integrated development. He also urged closer people-to-people and cultural exchanges.他要求支持福建探索两岸融合发展的新机制、新路径、新模式,同时深化两岸民间和文化交流。Under the theme of expanding people-to-people exchanges, this year's Straits Forum featured 58 diverse events covering grassroots, youth, cultural and economic exchange sectors.本届海峡论坛以 "扩大民间交流" 为主题,举办了 58 场涵盖基层、青年、文化、经济等交流领域的多元化活动。Earlier, Taiwan's Democratic Progressive Party authorities elevated restrictions by banning island officials from attending the event, marking the first time the island's grassroots officials were blocked from participation.此前,台湾民进党当局升级限制措施,禁止岛内官员出席本届论坛,这是首次禁止台湾基层官员参与海峡论坛。Addressing the forum despite these bans, Chang Jung-kung, vice-chairman of the Chinese Kuomintang party, said that despite twists and turns, the Straits Forum has always been committed to promoting exchanges and playing a critical role in cross-Strait relations.中国国民党副主席张荣恭出席论坛并表示,尽管历经曲折,海峡论坛始终致力于推动交流,在两岸关系中发挥着关键作用。During the forum, mainland enterprises signed agreements with various businesses and trade associations from Taiwan, buying signature agricultural goods including atemoya and pomelos, as well as tea and fishery products from counties such as Taitung, Yunlin and Nantou.论坛期间,大陆企业与台湾多家企业和行业协会签署协议,采购台东、云林、南投等县的释迦、柚子等特色农产品以及茶叶和渔产品。The contracts serve as a major step forward in implementing the 10 follow-up exchange policies introduced following the landmark cross-Strait meeting between leaders of the CPC and KMT in April, focusing on the practical livelihood needs of grassroots families and small business operators.这些协议是落实 4 月国共两党领导人历史性会晤后推出的 10 项后续交流政策的重要举措,聚焦基层家庭和小微企业经营者的实际民生需求。Yao Ching-ling, magistrate of Taitung county, said via a live video link that the purchase agreements were an immense encouragement to local farmers. "Agricultural and fishery products carry the core livelihoods of countless Taiwan families," she said.台东县县长饶庆铃通过视频连线表示,采购协议对当地农民是极大的鼓舞,她说:"农渔产品承载着无数台湾家庭的核心生计。"A range of prominent figures and grassroots representatives also stepped onto the stage during the conference to share their stories of cross-Strait integration.多位知名人士和基层代表也在大会上登台,分享他们参与两岸融合发展的故事。Su Heng, a Taiwan political commentary vlogger, said grassroots perspectives and livelihood statistics best reflect the truth that artificial barriers can never block the shared enthusiasm of compatriots from both sides.台湾时政评论博主苏恒表示,基层视角和民生数据最能说明一个事实:人为障碍永远阻挡不了两岸同胞的共同热情。A massive number of Taiwan residents still crossed the Strait for markets, business cooperation and career opportunities, Su added.她补充道,仍有大量台湾同胞跨越海峡寻找市场、寻求商业合作和职业发展机遇。Lai Tsai-ta, co-founder and CEO of artificial intelligence pharmaceutical startup Metis TechBio Co, shared his journey on the mainland since 2019. Backed by over 10 million yuan ($1.48 million) in subsidies and startup services in Hangzhou, Zhejiang province, his company grew into a recognized unicorn before listing on the Hong Kong Stock Exchange in May.人工智能制药初创企业迈帝思生物科技有限公司联合创始人兼首席执行官赖财达分享了他自 2019 年以来在大陆的发展历程。在浙江省杭州市超过 1000 万元(约合 148 万美元)的补贴和创业服务支持下,他的公司成长为知名独角兽企业,并于今年 5 月在香港证券交易所上市。"The mainland offers sincere hospitality, strong policy backup, and a welcoming environment," Lai said, encouraging Taiwan youth to combine their professional skills with local industrial advantages to find their own perfect stage.赖财达表示:"大陆有真诚的礼遇、有力的政策支持和友好的发展环境",他鼓励台湾青年将专业技能与当地产业优势相结合,找到属于自己的理想舞台。underscore /ˌʌndəˈskɔː(r)/ v. 强调,凸显obstruction /əbˈstrʌkʃn/ n. 阻碍,障碍reunification /ˌriːjuːnɪfɪˈkeɪʃn/ n. 统一,重新统一integration /ˌɪntɪˈɡreɪʃn/ n. 融合,一体化
Allen covers GE Vernova ordered to stay on Vineyard Wind, TotalEnergies filing for France’s largest renewable project, Spain’s repowering grants, and Dajin’s Hong Kong stock debut. Sign up now for Uptime Tech News, our weekly newsletter on all things wind technology. This episode is sponsored by Weather Guard Lightning Tech. Learn more about Weather Guard’s StrikeTape Wind Turbine LPS retrofit. Follow the show on YouTube, Linkedin and visit Weather Guard on the web. And subscribe to Rosemary’s “Engineering with Rosie” YouTube channel here. Have a question we can answer on the show? Email us! Good Monday. Wind energy made news this week from Boston courtrooms… to the coast of Normandy … to the stock exchange floors of Hong Kong. Let us start in Massachusetts. A Boston judge has once again told GE VERNOVA it cannot walk away from VINEYARD WIND. To understand why GE VERNOVA wants out… you have to look at the money. VINEYARD WIND owes GE VERNOVA three hundred and sixty million dollars on a one-point-two-billion-dollar turbine supply contract. VINEYARD WIND is withholding that payment. GE VERNOVA says it has the contractual right to walk when it is not paid. In February, they sent VINEYARD WIND a termination notice. VINEYARD WIND sued. In April, Judge PETER KRUPP issued an injunction ordering GE to stay. GE VERNOVA came back and asked the judge to reconsider. Vernova pointed to statements from state officials and VINEYARD WIND’s own parent company describing the eight-hundred-and-six-megawatt project as essentially complete. If the project is done, GE argued, there is no harm in letting us leave. Judge KRUPP did not buy it. Here is why this matters so much to the Commonwealth of Massachusetts. VINEYARD WIND is the largest offshore wind project in New England. It is owned jointly by Spain’s IBERDROLA and Denmark’s COPENHAGEN INFRASTRUCTURE PARTNERS. It began initial operations just this past February… after the developer won a separate court fight to keep federal construction permits intact. Sixty-two turbines. A four-point-five-billion-dollar investment. The anchor project for offshore wind in the entire region. The judge found that GE VERNOVA’s proprietary expertise is still needed to bring those turbines to full operational capacity. Pull GE’s more than two hundred employees and subcontractors off the job… and the project’s financing structure could collapse. Massachusetts Governor MAURA HEALEY has weighed in publicly. The state has too much riding on this project to let it unravel in court. GE VERNOVA still has its appeal of the April injunction pending. But for now… the turbines keep turning. Now let us cross the Atlantic. Off the coast of Normandy, France… TOTALENERGIES has filed for government authorization of a massive offshore wind farm called CENTRE MANCHE ENERGIES. This will be France’s largest renewable energy project… ever. One-point-five gigawatts of offshore wind. Located more than forty kilometers off the Normandy coast. Four-point-five billion euros in investment. Up to twenty-five hundred construction jobs over three years. Once running, the wind farm will generate roughly six terawatt-hours of clean electricity per year… enough to power more than one million French homes. TOTALENERGIES was awarded this project by the French government eight months ago. Filing for authorization is the next milestone on the path to construction. Meanwhile… across the Pyrenees in Spain… The Spanish government has awarded grants for eighty wind repowering projects totaling two-point-four gigawatts of capacity. With Nearly four hundred and sixty million euros in subsidies. The goal: replace older turbines with more efficient technology by twenty-thirty. The names on the award list read like a who’s who of European wind energy. IBERDROLA… STATKRAFT… EDP… ENEL GREEN POWER… NATURGY… RWE … and others. IBERDROLA alone picked up four hundred megawatts of new capacity. And this repowering wave is not just replacing old machines. Some projects are swapping out turbines that were once the industry standard… one-point-five and two-megawatt machines… for the far more powerful equipment available today. The industry is not just building forward. It is rebuilding smarter. And finally… a story from the other side of the world. A Chinese manufacturer of offshore wind foundations and towers called DAJIN HEAVY INDUSTRY made its debut on the Hong Kong Stock Exchange this past Friday. The share sale raised up to eight hundred and forty-seven million dollars. DAJIN claims a notable distinction: it says it ranked as Europe’s largest offshore wind foundation supplier by monopile sales value in the first half of twenty twenty-five. The company plans to use more than half the proceeds to expand its deep-sea wind power services… and one-fifth to build an assembly facility in Europe. As we know wind energy is continues to push forward. On every front. And that is the state of the wind industry for the eighth of June, twenty twenty-six. Join us for the Uptime Wind Energy Podcast.
① Putin says Russia-China ties have reached a truly unprecedented level. What's next? (00:55) ② The WHA rejects a proposal concerning Taiwan for the 10th year in a row. What does this reaffirm about the one-China principle? (13:55) ③ Chinese tech firms are driving a new IPO boom on the Hong Kong Stock Exchange. What does this signal for Hong Kong's new growth cycle? (24:00) ④ Argentina and China discuss currency swap extension despite U.S. pressure. How is Latin America diversifying its financial anchors? (34:30) ⑤ China further optimizes departure tax refund measures. How will this boost inbound consumption momentum? (43:00)
China's market regulator has opened a formal investigation into online travel platform Trip.com Group for suspected abuse of its dominant market position and monopolistic practices, according to an official notice released on Wednesday.根据周三发布的一份官方通告,中国市场监管部门已对在线旅游平台携程集团涉嫌滥用市场支配地位、实施垄断行为立案调查。The probe was launched by the State Administration for Market Regulation (SAMR) following preliminary verification and in accordance with China's Anti-Monopoly Law, according to the notice posted on the SAMR's official website.国家市场监督管理总局在其官网发布的通告中表示,此次调查是在完成前期核查的基础上,依法依规、依据《中华人民共和国反垄断法》启动的。In an online statement, Trip.com said that it will actively cooperate with regulatory authorities in their investigation, fully implement regulatory requirements, and work hand-in-hand with all parties in the industry to build a sustainable market environment.携程在一份线上声明中表示,将积极配合监管部门调查,全面落实监管要求,并与行业各方携手共建可持续的市场环境。"Currently, all of the company's businesses are operating normally, and we will continue to provide high-quality services to our users and partners," it said.声明称:“目前公司各项业务均正常运行,将继续为用户和合作伙伴提供高质量服务。”After the investigation was announced, shares of Trip.com Group plunged 6.49 percent at the close of trading in Hong Kong on Wednesday.调查消息公布后,携程集团股价周三在香港收盘时大跌6.49%。As China's antitrust legal framework continues to improve, misconduct by platform companies that harms consumer rights or violates data protection is increasingly being addressed in accordance with the law, Liu Dingding, a veteran internet industry analyst, told the Global Times on Wednesday.随着中国反垄断法律体系不断完善,平台企业侵害消费者权益或违反数据保护规定的行为正日益依法得到规制。资深互联网行业分析人士刘丁丁周三在接受报纸采访时表示。"The probe also sends a clear signal to the industry, encouraging companies to rectify problems that emerged during rapid growth and to pursue more standardized and sustainable development," Liu said, adding that by promoting a healthier and more balanced market ecosystem, the measures aim to curb disorderly expansion and create more space for small and medium-sized enterprises and other market players.刘丁丁表示,此次调查也向行业释放出明确信号,督促企业纠正快速发展过程中暴露出的问题,推动更加规范、可持续的发展。他补充称,通过构建更加健康、均衡的市场生态,这些举措旨在遏制无序扩张,为中小企业等市场主体创造更大发展空间。On December 8 last year, a homestay association in Southwest China's Yunnan Province publicly announced that it was soliciting evidence for potential antitrust action against Trip.com, targeting what it described as years of unfair competition by the platform.去年12月8日,西南地区云南省一家民宿行业协会公开宣布,正在征集证据,拟针对携程多年来被指存在的不正当竞争行为提起反垄断维权行动。The association also announced a decision on launching rights-protection efforts against improper competition by online travel agencies (OTAs), according to a statement on its official WeChat account.该协会在其官方微信公众号发布的声明中还宣布,将对在线旅游平台存在的不正当竞争行为启动维权行动。In the statement, the association said that it had received a large number of complaints from member businesses in recent years, accusing Trip.com and other OTA platforms of abusing their market dominance through practices such as forcing merchants to choose one platform over others, unilaterally raising commission rates, imposing unfair trading conditions, and restricting traffic exposure.声明称,近年来协会收到大量会员企业投诉,指控携程及其他在线旅游平台通过强制“二选一”、单方面提高佣金比例、附加不公平交易条件、限制流量曝光等方式,滥用市场支配地位。It said that these practices had seriously harmed operators' legitimate rights and disrupted fair market competition.声明指出,这些行为严重侵害了经营者的合法权益,扰乱了公平有序的市场竞争秩序。The SAMR's investigation forms part of China's broader push to normalize antitrust enforcement in the platform economy after years of scrutiny over the competitive conduct of major internet platforms.此次调查是中国在多年强化监管基础上,推动平台经济领域反垄断执法常态化的重要组成部分。On November 15, 2025, the market regulator released a draft set of antitrust compliance guidelines for internet platforms for public consultation, and it said in December that it was moving faster to finalize and roll out the rules.2025年11月15日,市场监管部门发布了《互联网平台反垄断合规指引(征求意见稿)》,并于同年12月表示将加快规则定稿和出台进程。SAMR spokesperson Wang Qiuping said that the move aims to effectively protect the legitimate rights and interests of consumers and small and medium-sized businesses, guide platform companies toward compliant operations, and provide institutional support for building a healthy and orderly platform ecosystem.市场监管总局新闻发言人王秋苹表示,该举措旨在切实保护消费者和中小企业合法权益,引导平台企业合规经营,为构建健康有序的平台生态提供制度保障。The draft guidelines refer to eight emerging monopoly risks, including cases where some platforms force merchants to keep prices no higher than on rivals - so-called "lowest-price-across-the-internet" rules. An SAMR official told a press briefing that such practices may amount to abuse of market dominance or monopoly deals.该征求意见稿列举了八类新型垄断风险,其中包括部分平台要求商家价格不得高于竞争对手的所谓“全网最低价”规则。市场监管总局一名官员在新闻发布会上表示,此类行为可能构成滥用市场支配地位或垄断协议。According to information on its official website, Trip.com is a one-stop travel service platform operating brands including Ctrip, Trip.com, Qunar and Skyscanner, offering a full range of travel products, services and differentiated content to users worldwide. The company was listed on the Nasdaq in 2003 and completed a secondary listing on the Hong Kong Stock Exchange in 2021.根据携程官网信息,该公司是一站式旅游服务平台,旗下运营携程、Trip.com、去哪儿、Skyscanner等品牌,为全球用户提供全品类旅游产品、服务及差异化内容。携程于2003年在纳斯达克上市,并于2021年完成香港联交所二次上市。According to industry estimates, Trip.com accounted for 56 percent of gross merchandise value in China's hotel and travel market in 2024, while Tongcheng ranked second with a 15 percent share. Together, the two platforms are estimated to control more than 70 percent of China's domestic OTA market, the Beijing Daily reported in July 2025.据行业估算,2024年携程在中国酒店及旅游市场的交易总额占比达56%,同程以15%的份额位居第二。北京日报2025年7月报道称,两大平台合计控制了中国国内OTA市场超过70%的份额。Anti-Monopoly Law /ˌænti məˈnɒpəli lɔː/反垄断法platform economy /ˈplætfɔːrm ɪˈkɒnəmi/平台经济online travel agency (OTA) /ˈɒnlaɪn ˈtrævəl ˈeɪdʒənsi/在线旅游平台commission rate /kəˈmɪʃn reɪt/佣金比例antitrust compliance guidelines /ˌæntiˈtrʌst kəmˈplaɪəns ˈɡaɪdlaɪnz/反垄断合规指引
AI Unraveled: Latest AI News & Trends, Master GPT, Gemini, Generative AI, LLMs, Prompting, GPT Store
AI Unraveled: Latest AI News & Trends, Master GPT, Gemini, Generative AI, LLMs, Prompting, GPT Store
Hey folks, Alex here from Weights & Biases, with your weekly AI update (and a first live show of this year!) For the first time, we had a co-host of the show also be a guest on the show, Ryan Carson (from Amp) went supernova viral this week with an X article (1.5M views) about Ralph Wiggum (yeah, from Simpsons) and he broke down that agentic coding technique at the end of the show. LDJ and Nisten helped cover NVIDIA's incredible announcements during CES with their Vera Rubin upcoming platform (4-5X improvements) and we all got excited about AI medicine with ChatGPT going into Health officially! Plus, a bunch of Open Source news, let's get into this: ThursdAI - Recaps of the most high signal AI weekly spaces is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.Open Source: The “Small” Models Are WinningWe often talk about the massive frontier models, but this week, Open Source came largely from unexpected places and focused on efficiency, agents, and specific domains.Solar Open 100B: A Data MasterclassUpstage released Solar Open 100B, and it's a beast. It's a 102B parameter Mixture-of-Experts (MoE) model, but thanks to MoE magic, it only uses about 12B active parameters during inference. This means it punches incredibly high but runs fast.What I really appreciated here wasn't just the weights, but the transparency. They released a technical report detailing their “Data Factory” approach. They trained on nearly 20 trillion tokens, with a huge chunk being synthetic. They also used a dynamic curriculum that adjusted the difficulty and the ratio of synthetic data as training progressed. This transparency is what pushes the whole open source community forward.Technically, it hits 88.2 on MMLU and competes with top-tier models, especially in Korean language tasks. You can grab it on Hugging Face.MiroThinker 1.5: The DeepSeek Moment for Agents?We also saw MiroThinker 1.5, a 30B parameter model that is challenging the notion that you need massive scale to be smart. It uses something they call “Interactive Scaling.”Wolfram broke this down for us: this agent forms hypotheses, searches for evidence, and then iteratively revises its answers in a time-sensitive sandbox. It effectively “thinks” before answering. The result? It beats trillion-parameter models on search benchmarks like BrowseComp. It's significantly cheaper to run, too. This feels like the year where smaller models + clever harnesses (harnesses are the software wrapping the model) will outperform raw scale.Liquid AI LFM 2.5: Running on Toasters (Almost)We love Liquid AI and they are great friends of the show. They announced LFM 2.5 at CES with AMD, and these are tiny ~1B parameter models designed to run on-device. We're talking about running capable AI on your laptop, your phone, or edge devices (or the Reachy Mini bot that I showed off during the show! I gotta try and run LFM on him!)Probably the coolest part is the audio model. Usually, talking to an AI involves a pipeline: Speech-to-Text (ASR) -> LLM -> Text-to-Speech (TTS). Liquid's model is end-to-end. It hears audio and speaks audio directly. We watched a demo from Maxime Labonne where the model was doing real-time interaction, interleaving text and audio. It's incredibly fast and efficient. While it might not write a symphony for you, for on-device tasks like summarization or quick interactions, this is the future.NousCoder-14B and Zhipu AI IPOA quick shoutout to our friends at Nous Research who released NousCoder-14B, an open-source competitive programming model that achieved a 7% jump on LiveCodeBench accuracy in just four days of RL training on 48 NVIDIA B200 GPUs. The model was trained on 24,000 verifiable problems, and the lead researcher Joe Li noted it achieved in 4 days what took him 2 years as a teenager competing in programming contests. The full RL stack is open-sourced on GitHub and Nous published a great WandB results page as well! And in historic news, Zhipu AI (Z.ai)—the folks behind the GLM series—became the world's first major LLM company to IPO, raising $558 million on the Hong Kong Stock Exchange. Their GLM-4.7 currently ranks #1 among open-source and domestic models on both Artificial Analysis and LM Arena. Congrats to them!Big Companies & APIsNVIDIA CES: Vera Rubin Changes EverythingLDJ brought the heat on this one covering Jensen's CES keynote that unveiled the Vera Rubin platform, and the numbers are almost hard to believe. We're talking about a complete redesign of six chips: the Rubin GPU delivering 50 petaFLOPS of AI inference (5x Blackwell), the Vera CPU with 88 custom Olympus ARM cores, NVLink 6, ConnectX-9 SuperNIC, BlueField-4 DPU, and Spectrum-6 Ethernet.Let me put this in perspective using LDJ's breakdown: if you look at FP8 performance, the jump from Hopper to Blackwell was about 5x. The jump from Blackwell to Vera Rubin is over 3x again—but here's the kicker—while only adding about 200 watts of power draw. That's insane efficiency improvement.The real-world implications Jensen shared: training a 10 trillion parameter mixture-of-experts model now requires 75% fewer GPUs compared to Blackwell. Inference token costs drop roughly 10x—a 1MW cluster goes from 1 million to 10 million tokens per second at the same power. HBM4 memory delivers 22 TB/s bandwidth with 288GB capacity, exceeding NVIDIA's own 2024 projections by nearly 70%.As Ryan noted, when people say there's an AI bubble, this is why it's hilarious. Jensen keeps saying the need for inference is unbelievable and only going up exponentially. We all see this. I can't get enough inference—I want to spin up 10 Ralphs running concurrently! The NVL72 rack-scale system achieves 3.6 exaFLOPS inference with 20.7TB total HBM, and it's already shipping. Runway 4.5 is already running on the new platform, having ported their model from Hopper to Vera Rubin NVL72 in a single day.NVIDIA also recently acqui-hidred Groq (with a Q) in a ~$20 billion deal, bringing the inference chip expertise from the guy who created Google's TPUs in-house.Nemotron Speech ASR & The Speed of Voice (X, HF, Blog)NVIDIA also dropped Nemotron Speech ASR. This is a 600M parameter model that offers streaming transcription with 24ms latency.We showed a demo from our friend Kwindla Kramer at Daily. He was talking to an AI, and the response was virtually instant. The pipeline is: Nemotron (hearing) -> Llama/Nemotron Nano (thinking) -> Magpie TTS (speaking). The total latency is under 500ms. It feels like magic. Instant voice agents are going to be everywhere this year.XAI Raises $20B While Grok Causes Problems (Again)So here's the thing about covering anything Elon-related: it's impossible to separate signal from noise because there's an army of fans who hype everything and an army of critics who hate everything. But let me try to be objective here.XAI raised another massive Round E of $20 billion! at a $230 billion valuation, with NVIDIA and Cisco as strategic investors. The speed of their infrastructure buildout is genuinely incredible. Grok's voice mode is impressive. I use Grok for research and it's really good, notable for it's unprecedented access to X !But. This raise happened in the middle of a controversy where Grok's image model was being used to “put bikinis” on anyone in reply threads, including—and this is where I draw a hard line—minors. As Nisten pointed out on the show, it's not even hard to implement guardrails. You just put a 2B VL model in front and ask “is there a minor in this picture?” But people tested it, asked Grok not to use the feature, and it did it anyway. And yeah, putting Bikini on Claude is funny, but basic moderation is lacking! The response of “we'll prosecute illegal users” is stupid when there's no moderation built into the product. There's an enormous difference between Photoshop technically being able to do something after hours of work, and a feature that generates edited images in one second as the first comment to a celebrity, then gets amplified by the platform's algorithm to millions of people. One is a tool. The other is a product with amplification mechanics. Products need guardrails. I don't often link to CNN (in fact this is the first time) but they have a great writeup about the whole incident here which apparently includes the quitting of a few trust and safety folks and Elon's pushback on guardrails. CrazyThat said, Grok 5 is in training and XAI continues to ship impressive technology. I just wish they'd put the same engineering effort into safety as they do into capabilities!OpenAI Launches GPT HealthThis one's exciting. OpenAI CEO Fidji Simo announced ChatGPT Health, a privacy-first space for personalized health conversations that can connect to electronic health records, Apple Health, Function Health, Peloton, and MyFitnessPal.Here's why this matters: health already represents about 5% of all ChatGPT messages globally and touches 25% of weekly active users—often outside clinic hours or in underserved areas. People are already using these models for health advice constantly.Nisten, who has worked on AI doctors since the GPT-3 days and even published papers on on-device medical AI, gave us some perspective: the models have been fantastic for health stuff for two years now. The key insight is that medical data seems like a lot, but there are really only about 2,000 prescription drugs and 2,000 diseases (10,000 if you count rare ones). That's nothing for an LLM. The models excel at pattern recognition across this relatively contained dataset.The integration with Function Health is particularly interesting to me. Function does 160+ lab tests, but many doctors won't interpret them because they didn't order them. ChatGPT could help bridge that gap, telling you “hey, this biomarker looks off, you should discuss this with your doctor.” The bad news is, this is just a waitlist and you can add yourself to the waitlist here, we'll keep monitoring the situation and let you know when it opens upDoctronic: AI Prescribing Without Physician OversightSpeaking of healthcare, Doctronic launched a pilot in Utah where AI can autonomously renew prescriptions for chronic conditions without any physician in the loop. The system covers about 190 routine medications (excluding controlled substances) at just $4 per renewal. Trial data showed 99.2% concordance with physician treatment plans, and they've secured pioneering malpractice insurance that treats the AI like a clinician.Nisten made the case that it's ethically wrong to delay this kind of automation when ER wait times keep increasing and doctors are overworked. The open source models are already excellent at medical tasks. Governments should be buying GPUs rather than creating administrative roadblocks. Strong strong agree here! Google Brings Gmail into the Gemini Era (X)Breaking news from the day of our show: Google announced Gmail's biggest AI transformation since its 2004 launch, powered by Gemini 3. This brings AI Overviews that summarize email threads, natural language queries (”Who gave me a plumber quote last year?”), Help Me Write, contextual Suggested Replies matching your writing style, and the upcoming AI Inbox that filters noise to surface VIPs and urgent items.For 3 billion Gmail users, this is huge. I'm very excited to test it—though not live on the show because I don't want you reading my emails.This weeks buzz - covering Weights & Biases updatesNot covered on the show, but a great update on stuff from WandB, Chris Van Pelt (@vanpelt), one of the 3 co-founders released a great project I wanted to tell you about! For coders, this is an app that allows you to run multiple Claude Codes on free Github sandboxes, so you can code (or Ralph) and control everything away from home! GitHub gives personal users 120 free Codespaces hours/month, and Catnip automatically shuts down inactive instances so you can code for quite a while with Catnip! It's fully open source on Github and you can download the app hereInterview: Ryan Carson - What the hell is Ralph Wiggum?Okay, let's talk about the character everyone is seeing on their timeline: Ralph Wiggum. My co-host Ryan Carson went viral this week with an article about this technique, and I had to have him break it down.Ralph isn't a new model; it's a technique for running agents in a loop to perform autonomous coding. The core idea is deceptively simple: Ralph is a bash script that loops an AI coding agent. In a loop, until it a certain condition is met. But why is it blowing up? Normally when you use a coding agent like Cursor, Claude Code, or AMP, you need to be in the loop. You approve changes, look at code, fix things when the agent hits walls or runs out of context. Ralph solves this by letting the agent run autonomously while you sleep.Here's how it works: First, you write a Product Requirements Doc (PRD) by talking to your agent for a few minutes about what you want to build. Then you convert that PRD into a JSON file containing atomic user stories with clear acceptance criteria. Each user story is small enough for the agent to complete in one focused thread.The Ralph script then loops: it picks the first incomplete user story, the agent writes code to implement it, tests against the acceptance criteria, commits the changes, marks the story as complete, writes what it learned to a shared “agents.md” file, and loops to the next story. That compound learning step is crucial—without it, the agent would keep making the same mistakes.What makes this work is the pre-work. As Ryan put it, “no real work is done one-shot.” This is how software engineering has always worked—you break big problems into smaller problems into user stories and solve them incrementally. The innovation is letting AI agents work through that queue autonomously while you sleep! Ryan's excellent (and viral) X article is here! Vision & VideoLTX-2 Goes Fully Open Source (HF, Paper)Lightricks finally open-sourced LTX-2, marking a major milestone as the first fully open audio-video generation model. This isn't just “we released the weights” open—it's complete model weights (13B and 2B variants), distilled versions, controllable LoRAs, a full multimodal trainer, benchmarks, and evaluation scripts. For a video model that is aiming to be the open source SORA, supports audio and lipsyncThe model generates synchronized audio and video in a single DiT-based architecture—motion, dialogue, ambience, and music flow simultaneously. Native 4K at up to 50 FPS with audio up to 10 seconds. And there's also a distilled version (Thanks Pruna AI!) hosted on ReplicateComfyUI provided day-0 native support, and community testing shows an A6000 generating 1280x720 at 120 frames in 50 seconds. This is near Sora-level quality that you can fine-tune on your own data for custom styles and voices in about an hour.What a way to start 2026. From chips that are 5x faster to AI doctors prescribing meds in Utah, the pace is only accelerating. If anyone tells you we're in an AI bubble, just show them what we covered today. Even if the models stopped improving tomorrow, the techniques like “Ralph” prove we have years of work ahead of us just figuring out how to use the intelligence we already have.Thank you for being a ThursdAI subscriber. See you next week!As always, here's the show notes and TL;DR links: * Hosts & Guests* Alex Volkov - AI Evangelist & Weights & Biases (@altryne)* Co-Hosts - @WolframRvnwlf, @nisten, @ldjconfirmed* Special Guest - Ryan Carson (@ryancarson) breaking down the Ralph Wiggum technique.* Open Source LLMs* Solar Open 100B - Upstage's 102B MoE model. Trained on 19.7T tokens with a heavy focus on “data factory” synthetic data and high-performance Korean reasoning (X, HF, Tech Report).* MiroThinker 1.5 - A 30B parameter search agent that uses “Interactive Scaling” to beat trillion-parameter models on search benchmarks like BrowseComp (X, HF, GitHub).* Liquid AI LFM 2.5 - A family of 1B models designed for edge devices. Features a revolutionary end-to-end audio model that skips the ASR-LLM-TTS pipeline (X, HF).* NousCoder-14B - competitive coding model from Nous Research that saw a 7% LiveCodeBench accuracy jump in just 4 days of RL (X, WandB Dashboard).* Zhipu AI IPO - The makers of GLM became the first major LLM firm to go public on the HKEX, raising $558M (Announcement).* Big Co LLMs & APIs* NVIDIA Vera Rubin - Jensen Huang's CES reveal of the next-gen platform. Delivers 5x Blackwell inference performance and 75% fewer GPUs needed for MoE training (Blog).* OpenAI ChatGPT Health - A privacy-first vertical for EHR and fitness data integration (Waitlist).* Google Gmail Era - Gemini 3 integration into Gmail for 3 billion users, featuring AI Overviews and natural language inbox search (Blog).* XAI $20B Raise - Elon's XAI raises Series E at a $230B valuation, even as Grok faces heat over bikini-gate and safety guardrails (CNN Report).* Doctronic - The first US pilot in Utah for autonomous AI prescription renewals without a physician in the loop (Web).* Alexa+ Web - Amazon brings the “Smart Alexa” experience to browser-based chat (Announcement).* Autonomous Coding & Tools* Ralph Wiggum - The agentic loop technique for autonomous coding using small, atomic user stories. Ryan Carson's breakdown of why this is the death of “vibe coding” (Viral X Article).* Catnip by W&B - Chris Van Pelt's open-source iOS app to run Claude Code anywhere via GitHub Codespaces (App Store, GitHub).* Vision & Video* LTX-2 - Lightricks open-sources the first truly open audio-video generation model with synchronized output and full training code (GitHub, Replicate Demo).* Avatar Forcing - KAIST's framework for real-time interactive talking heads with ~500ms latency (Arxiv).* Qwen Edit 2512 - Optimized by PrunaAI to generate high-res realistic images in under 7 seconds (Replicate).* Voice & Audio* Nemotron Speech ASR - NVIDIA's 600M parameter streaming model with sub-100ms stable latency for massive-scale voice agents (HF). This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit sub.thursdai.news/subscribe
Hong Kong's pivotal role as a super connector between global investors and mainland China, the importance of tailored regulation in fostering market innovation, and the growing relevance of stablecoins and digital assets in shaping the future of finance.In this special video episode of the Innovators' Exchange recorded in London, Bonnie Y Chan, CEO of the Hong Kong Stock Exchange (HKEX), is interviewed by podcast host Hiten Patel. In the interview Bonnie emphasizes the importance of collaboration within Asian markets to bolster growth and views regulation as an enabler rather than an obstacle. She also addresses the rising interest in stablecoins and digital assets, noting ongoing regulatory developments in Hong Kong.Key talking points:Bonnie's background: She reflects on her fascinating career path, from early regulatory roles to her current position as CEO of HKEX. Bonnie credits her legal training in capital markets for sharpening problem-solving skills essential to managing a stock exchange, and underscores the importance of continuous learning about secondary markets.Views on regulation: She argues that regulation can serve as an enabler rather than a hurdle. By understanding market stakeholders, regulators can design tailored frameworks that facilitate market development.Hong Kong's global financial role: Bonnie describes Hong Kong as a "super connector" between global investors and mainland China, especially as geopolitical dynamics shift. She highlights a resurgence of foreign investment in recent IPOs and HKEX's recent return to the top of global IPO rankings.Innovation pipeline: More than 300 companies are waiting to be listed on HKEX, many in cutting-edge sectors such as biotechnology and technology. She notes the growing international nature of these companies, with many generating significant revenue from outside China.Stablecoins and digital assets: Stablecoins are gaining traction in Hong Kong, with regulations being established for their issuance. Bonnie sees stablecoins primarily as a medium of exchange, highlighting their potential for settling stock transactions.This episode is part of Innovators' Exchange, a series that explores the financial infrastructure and technology landscape. Tune in to hear more insights from industry leaders on the evolution of the global financial ecosystem.Subscribe for more on: Apple Podcasts | Spotify | Youtube | PodscribeThis episode was recorded in October 2025.
Moon Inc CEO John Riggins joined Steve Darling from Proactive's OTC studio in New York City to outline the company's rapid expansion into the U.S. and broader Asia-Pacific region, alongside meaningful adoption of Bitcoin-focused financial products. Moon Inc., a Hong Kong–based telecommunications provider with more than 30 years of operating history, is transforming its business model by integrating cryptocurrency solutions into its established SIM card and mobile top-up distribution network. Riggins detailed the company's recent advancements — including the rollout of a prepaid Bitcoin card that doubles as a physical cold-storage wallet, enabling secure Bitcoin ownership without complicated setup. The product is positioned for both personal use and gifting, with demand growing among first-time crypto adopters. In support of this strategy, Moon Inc. has continued to increase its Bitcoin holdings as a long-term balance-sheet asset. “We acquired more Bitcoin this past Friday,” Riggins shared, emphasizing management's conviction that owning the digital asset aligns with the company's future-forward positioning. The company is also accelerating geographic expansion, broadening its presence into Thailand and Korea. Riggins highlighted new partnerships and investments — including collaboration with CP Group in Korea and an equity stake in Bit Planet — designed to grow the retail footprint for both telecom and cryptocurrency products across key Asian markets. Alongside operational scale-up, Moon Inc. has expanded its access to U.S. investors through its new listing on the OTCQX market under the ticker MXXNF, complementing its existing Hong Kong Stock Exchange listing (1723.HK). “One thing we've consistently heard from investors is that they want easier exposure to Moon Inc. in U.S. dollars,” said Riggins, noting that the new listing is expected to increase liquidity and broaden the company's investor base. #proactiveinvestors #mooninc #otc #mxxnf #BitcoinCard #OTCQX #CryptoTreasury #TelecomAsia #BitcoinNews #HongKongBusiness #USListing #CryptoGifting #ColdWallet #BlockchainAsia
In an explosive late-night email, Te Pāti Māori has accused one of its MPs of "major overspending issues" and her son of abusing Parliamentary security. The unsigned Monday night email - obtained by RNZ and other media - makes a number of claims against MP Mariameno Kapa-Kingi and separately her son Eru Kapa-Kingi, a key spokesperson for the Toitū Te Tiriti movement including that Eru Kapa-Kingi threatened Parliamentary staffers alleging he said “You aren't shit”, “Get f*****” and “I will f****** knock you out”.The Government has locked in a Chinese state-backed shipbuilder to construct two new Cook Strait ferries, Rail Minister Winston Peters has announced. Peters said this afternoon that Guangzhou Shipyard International (GSI), a Shanghai and Hong Kong Stock Exchange-listed enterprise, would complete the vessels by 2029.A new Taxpayers (not a) Union poll has found that one in seven Kiwis believe violence may be needed to 'get country back on track'. we'll look at the numbers tonight and chat about what it means.=================================Come support the work we're doing by becoming a Patron of #BHN www.patreon.com/BigHairyNews=================================Merch available at www.BHNShop.nz Like us on Facebookwww.facebook.com/BigHairyNews Follow us on Twitter.@patbrittenden @Chewie_NZFollow us on BlueskyPat @patbrittenden.bsky.socialChewie @chewienz.bsky.socialEmily @iamprettyawesome.bsky.socialMagenta @xkaosmagex.bsky.social
From the BBC World Service: Chinese property giant Evergrande's shares have been delisted from the Hong Kong Stock Exchange; it was once China's largest real estate firm but collapsed under a mountain of debt. Today, we'll trace its spectacular rise and fall. Rare earths have been a major sticking point in trade negotiations between China and the United States. China has dominated the rare earths market, but could Australia become a rival?
From the BBC World Service: Chinese property giant Evergrande's shares have been delisted from the Hong Kong Stock Exchange; it was once China's largest real estate firm but collapsed under a mountain of debt. Today, we'll trace its spectacular rise and fall. Rare earths have been a major sticking point in trade negotiations between China and the United States. China has dominated the rare earths market, but could Australia become a rival?
The 5 things you need to know before the stock market opens today: Spotify is looking to raise prices, the Trump administration has ordered Danish wind power company Orsted to halt development on its project off the coast of Rhode Island, China Evergrande Group was delisted from the Hong Kong Stock Exchange, Keurig Dr Pepper will pay $18 billion for coffee brand JDE Peet's, and Coca-Cola is reportedly exploring splitting with its own coffee brand, Costa. Squawk Box is hosted by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Follow Squawk Pod for the best moments, interviews and analysis from our TV show in an audio-first format.
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
Singapore stocks fell today as investors continue to monitor the escalating conflict in the Middle East between Iran and Israel. The Straits Times Index dropped 0.33% at 3,898.54 points at about 11.32am Singapore time, with a value turnover of S$414.04M seen in the broader market. In terms of counters to watch, we have Suntec Real Estate Investment Trust, ESR Reit, Sabana Industrial Reit; Acrophyte Hospitality Trust. That is because ESR Group, which is the sponsor of Suntec Reit, ESR Reit, Sabana Industrial Reit and Acrophyte Hospitality Trust, is expected to delist from the Hong Kong Stock Exchange on the 3rd of July as its shareholders on Friday approved a scheme resolution to privatise it. Elsewhere, from shares of SGX-listed oil and gas counters surging amid a rally in oil prices, to market expectations ahead of a slew of central bank decisions out this week – more corporate and international headlines remain in focus. On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Kelvin Wong, Senior Analyst, OANDA.See omnystudio.com/listener for privacy information.
Did you know the drink that comforted people in China 5,000 years ago is still soothing souls today? From humble teacups to Hong Kong Stock Exchange debuts, Chinese tea has come a long way. As we raise our cups this International Tea Day, let's dive into how this ancient brew is now powering billion-Yuan brand IPOs. On the show: Heyang, Bob Jones & Yushun
Pop Mart is bigger than Hasbro and Mattel - combined. The Chinese toy company listed on the Hong Kong Stock Exchange in 2020 and hasn't looked back.Fear & Greed's Michael Thompson and Stefan Von Imhof from alts.co explore the story behind Pop Mart's boom, the role of social media and 'blind boxes' in the company's success, and why the rollout into the US could be a little bumpy.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.
President Donald Trump is moving forward with 25% tariffs on goods imported from Canada and Mexico into the US, saying that there was "no room left for Canada and Mexico". An additional 10% tariff on Chinese imports is also expected to come into force, leaving all three of America's top three trade partners facing significantly higher trade barriers than just a few weeks ago.Sean Farrington speaks to Paul Reynish, the Global CEO at Gong cha about the growing demand for bubble tea across the world. Chinese firm Mixue saw shares jump by more than 40% in their Hong Kong Stock Exchange debut.
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Shoot us a Text.Happy hump day, auto industry! Today, we're covering how BYD is integrating premium autonomous driving tech into its entire lineup of cars. Plus Hyundai is getting in on solid-state EV batteries and Youtube is more popular on TVs than on phones.Show Notes with links:Chinese automaker BYD is going all-in on autonomous driving as it ramps up its challenge to Tesla's EV dominance. BYD announced that its "God's Eye" self-driving tech, featuring autonomous overtaking and remote parking, will be standard across all models.The ultra-affordable BYD Seagull, priced at just over $9,500, will also receive high-level autonomous features.The automaker's stock hit an all-time high following the announcement, climbing 4% on the Hong Kong Stock Exchange.From the Daily Pushback Email team: “The price gap is staggering. BYD's smart-equipped Seagull? $9,555. Tesla's cheapest China-made model? $32,000. Ford's entry-level Mustang Mach-E? $39,995”“Affordability and reliability move units—and Chinese EVs are delivering both at a pace that should make U.S. automakers nervous. Two out of three new cars sold in China this year will have some level of self-driving tech, according to industry estimates.”Hyundai is making a major move in the EV battery race with its upcoming all-solid-state battery pilot line. The advanced tech, set to debut in March, could significantly boost range, charging speeds, and energy density, positioning Hyundai as a leader in the evolving EV landscape.The company is investing over $9 billion in EV battery development over the next decade, including LFP, NCM, and all-solid-state options.Hyundai aims to mass-produce all-solid-state batteries by 2030, with prototype EVs featuring the technology expected this year.General Motors and other industry leaders are expected to attend the opening ceremony, signaling growing partnerships.Other automakers are racing to develop solid-state batteries, with Honda revealing a solid-state pilot line of EVs last November, and Toyota aiming for commercialization by 2027-2028.YouTube is officially more popular on TVs than on phones, with over 1 billion hours of content streamed daily on television screens. As YouTube solidifies its dominance in streaming, new features continue to blur the line between traditional TV and digital video.YouTube remains the most-watched streaming service in the U.S. for the second year, according to Nielsen.Platform updates include an improved TV layout, interactive features, and the ability to watch Shorts and live streams on TV.YouTube TV has surpassed 8 million subscribers, while YouTube Premium and Music have exceeded 100 million (including trials).CEO Neal Mohan emphasized YouTube's role in reshaping television: “The ‘new' television doesn't look like the ‘old' television.”Hosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email
Hong Kong spot Bitcoin and Ether exchange-traded funds (ETFs) have attracted more than $200 million in total assets on their April 30 debut. At the time of publication, the Hong Kong Stock Exchange has not updated the asset management data for the spot Bitcoin and Ether ETFs of Harvest Global, the third ETF issuer. However, the combined turnover for these two ETFs has reached $23 million. Did it flop compared to expectations? What's next?~This episode is sponsored by iTrust Capital~iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul00:00 Intro00:22 Sponsor: iTrust Capital01:00 Hong Kong ETF Flop?02:50 ETF Launch LIVE04:25 Sell the news event?05:52 Crypto Redemption Feature08:45 Hong Kong Becoming Crypto Hub10:05 Fee Wars Begin12:00 Demand is coming13:54 Web3 vs TradFi15:10 ChinaAMC crypto basket next18:18 ETF Connect program coming19:26 Media Blames China Crypto Ban20:54 China may lift crypto ban in 3 months22:08 Real test is Ethereum23:06 Charts23:30 Outro#Crypto #Bitcoin #Ethereum~Hong Kong ETF Launch Flopped?
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
Singapore stocks opened stronger today following overnight gains on global markets as easing tensions in the Middle East boosted investor confidence. In early trade, the Straits Times Index (STI) rose 1 per cent to 3,258.07 points after 76.6 million securities changed hands in the broader market. In terms of companies to watch, we have CapitaLand Ascendas Reit. Its manager yesterday reported a higher average rental rate of 16.9 per cent for leases renewed in the first quarter of 2024, up from 15.2 per cent in the previous quarter. Elsewhere, from a media report on how China acquired recently banned Nvidia chips in Super Micro and Dell servers, to bubble tea brand Chabaidao's trading debut on the Hong Kong Stock Exchange, more corporate and international headlines remain in focus. On Market View, The Evening Runway's finance presenter Chua Tian Tian unpacked the developments with Kelvin Wong, Senior Analyst, OANDA.See omnystudio.com/listener for privacy information.
Turkey's parliament has voted in favour of Sweden joining Nato and Arab nations are about to unveil a peace plan for Israel and Hamas. Plus, the FT's Kaye Wiggins explains whether a leadership change can help revive the Hong Kong Stock Exchange. Mentioned in this podcast:Turkish parliament votes in favour of Sweden's accession to NatoHow China's slowdown is deepening Hong Kong's ‘existential crisis'Arab nations develop plan to end Israel-Hamas war and create Palestinian stateThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT's executive producer. The FT's global head of audio is Cheryl Brumley. The show's theme song is by Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
East Buy, a subsidiary of private tutoring giant New Oriental that successfully transitioned to a livestreaming e-commerce company, removed Sun Dongxu as its executive director and CEO, and named New Oriental's founder Yu Minhong as its chief executive.新东方由教育公司成功转型为直播电商公司,其旗下的东方甄选免除了孙东旭的执行董事兼首席执行官职务,并任命新东方创始人俞敏洪为首席执行官。The appointment, which was confirmed by the Hong Kong Stock Exchange late on Sunday, came after a dispute involving the company's most influential livestreamer, Dong Yuhui, intensified last week, leading the Hong Kong-listed company to suffer billion-yuan losses on the stock market within days.香港交易所于周日(12月17日)晚间证实了这一人事变动。此前,新东方与其头牌主播董宇辉的纠纷愈演愈烈,导致新东方的股票市值在几天内蒸发数十亿元人民币。Industry experts said it is time for companies to reevaluate their star-oriented business model and strengthen internal management, in order to drive the country's burgeoning livestreaming e-commerce sector to be more rational and healthier.业内人士认为,企业应该重新评估明星主导的商业模式,加强内部管理,推动中国的直播电商行业朝着更加理性、健康的方向发展。Dong, who was formerly an English teacher at New Oriental Group, went viral as a livestreamer in June last year thanks to his insightful and humorous hosting style. He soon amassed a huge number of followers, who bought products from East Buy just because of him. His followers on Chinese short-video platform Douyin hit a staggering 20 million as of Sunday.董宇辉曾是新东方集团的英语老师,去年6月,凭借富深入浅出、幽默风趣的主持风格,他以网络主播的身份走红。他很快就聚集起庞大的粉丝群体,粉丝们因为他而购买东方甄选的产品。截至周日,他在短视频平台抖音上的粉丝数量已经达到了2000万之高。The latest dispute started after the editorial team of East Buy said on Dec 6 that the script used by Dong during livestreaming was written by the team and not by the star alone. It quickly prompted a group of online shoppers and many of Dong's fans to question the company for taking credit for his work and longtime efforts.本次纷争始于12月6日,东方甄选的编辑团队表示,董宇辉在直播中的台词是由团队攥写的,而不是他自己。这很快让一些直播购物消费者和董宇辉的粉丝质疑新东方不认可董宇辉工作和长期努力。On Tuesday, Sun Dongxu, then CEO of East Buy, said in a livestream that neither the editorial team nor Dong had behaved appropriately, adding that Dong is treated well by the company and draws a steep annual salary.周二,时任东方甄选首席执行官的孙东旭在一次直播中表示,编辑团队和董宇辉的行为都欠妥,并补充说董宇辉在公司的待遇良好,年薪不菲。Sun also condemned the "fandom culture", noting that netizens often attack a company because of their idol. He triggered a wave of anger among netizens with his remarks and aggressive approach during the livestream, including hurling his cellphone onto a table.孙东旭还谴责“粉丝文化”,指出粉丝们经常因为他们的偶像而攻击其公司。他在直播中言论激烈,咄咄逼人,还将将手机摔在桌上,引起网友们的不满。Many netizens said they felt offended by Sun's behavior. They said they felt like employees being rebuked by their boss, instead of being respected as consumers.许多网友表示,孙东旭的行为冒犯了他们,让他们觉得自己像是被老板斥责的员工,而没有受到消费者该有的尊重。Later, both Sun and Yu, the founder of New Oriental, as well as Dong, apologized for the incident and clarified that the script used for the livestream was written by both the editorial team and Dong.后来,孙东旭、新东方创始人俞敏洪,以及董宇辉都为此事道歉,并澄清直播使用的台词是编辑组和董宇辉共同攥写的。However, this didn't stop the stock price of the Beijing-based company from plunging to HK$26.25 ($3.69) per share on Friday from HK$32.75 on Dec 6. The number of followers on Easy Buy's Douyin account was 28 million as of Sunday, a significant drop from over 31 million a week ago.然而,新东方股价的下跌仍然没有停止,从12月6日的32.75港元暴跌至周五(12月15日)的每股26.25港元(3.69美元)。截至周日,东方甄选抖音账号的粉丝数量为2800万,远低于一周前的3100余万。Zhang Yi, chief analyst at market consultancy iiMedia Research, said, "The incident is basically an internal strife over making a balanced profit distribution between leading livestreamers and companies or MCN (multichannel network) agencies that manage livestreamers."艾媒咨询CEO兼首席分析师张毅表示,“这起事件本质上是一场内部冲突,即在头牌主播与其管理主播公司(MCN)之间利润分配的问题。”The East Buy case is not a stray incident, Zhang said, adding that many livestreaming e-commerce companies are star-oriented and rely hugely on a top livestreamer to attract customers and make profits, as can be seen from the emergence of Li Jiaqi, a top beauty and cosmetics livestreamer well-known as "lipstick king".张毅说,此次东方甄选的风波并非偶然事件,许多直播电商公司都是以流量主播为导向,特别是头部主播,以此来吸引客户和盈利。有“口红王子”之称的李佳琦是美妆产品直播行业的头号主播,他也曾卷入类似的纠葛。Livestreaming has become deeply entrenched in people's lives in the country over the past years. Data from iiMedia Research showed that the market scale of China's livestreaming e-commerce sector reached 1.43 trillion yuan ($200 billion) last year, up 19.5 percent year-on-year.过去几年,直播已经成为中国人民日常生活的重要组成部分。艾媒咨询的数据显示,去年中国直播电商行业的市场规模达到1.43万亿元人民币(2000亿美元),同比增长19.5%。On Saturday night, Yu and Dong appeared in a livestream in order to prevent the incident's impact from further spilling over. Yu admitted that East Buy had been plunged into "chaos", and removing Sun from his current position was due to a series of mistakes he made while performing his management duties.周六晚上,俞敏洪和董宇辉“合体”直播,以防止事态进一步恶化。俞敏洪承认,东方甄选内部已经陷入“混乱”,撤销孙东旭当前的职务是出于他在履行管理职责时犯下一系列错误的考虑。"Sun will continue to work in other positions in New Oriental," Yu said, emphasizing that Dong had never been asked to leave.“孙东旭将继续在新东方的其他职位上工作,”俞敏洪表示,并强调从未要求董宇辉离职。There were rumors in the market that Dong was being courted by other livestreaming e-commerce companies and some tech giants.市场上有传言称,其他直播电商公司和一些科技巨头正在“挖”董宇辉。Recalling the past week, Dong said the dispute was "painful" and hoped it would end soon. He added that he was staying with East Buy.回顾过去一周,董宇辉用“痛苦”形容这次争端,并希望能尽快结束。他补充说,他将留在东方甄选。Pan Helin, co-director of the Digital Economy and Financial Innovation Research Center at Zhejiang University's International Business School, said that China's livestreaming e-commerce industry is a unique and emerging business, and that it is not surprising that the consumers' trust in a top livestreamer makes all the difference.浙江大学国际联合商学院数字经济与金融创新研究中心联席主任盘和林表示,在中国,直播电商行业是一个独特的新兴行业,鉴于消费者对头部主播高度信任,这场闹剧不足为奇。The Beijing Consumers Association conducted a survey, in which nearly half of the respondents said their "fondness" for a particular livestreamer was the main factor motivating them to watch the live online programs.北京市消费者协会进行了一项调查,其中将近一半的受访者表示,他们对特定主播的“喜爱”是促使他们观看网络直播的主要因素。"On the one hand, we have to admit that the market value of such an engaged user traffic from a livestreamer is immeasurable. On the other hand, the country's livestreaming e-commerce sector needs adjustments, and fans need to be more rational to avoid extreme fandom culture," Pan said.“一方面,我们不得不承认,参与用户流量给网络直播带来了巨大的市场价值。另一方面,中国的直播电商行业也需要调整,粉丝需要更加理性,避免极端的粉丝文化。”盘和林说。Zhang, from iiMedia Research, said: "Companies should also beef up management and avoid risks. Also, the sector can be more technology-driven with the rise of artificial intelligence-based virtual livestreamers."艾媒咨询的张毅表示:“企业也应该加强管理,规避风险。此外,随着人工智能虚拟主播的兴起,主播行业可以更多地由技术驱动。Hurl英/hɜːl/ 美/hɝl/v. 〔用力〕投掷〔尤因生气〕;猛摔
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
Today we're going to bring you an inside look into a company said to be a US$62 billion revenue global technology powerhouse. Drumrolls – bingo if you've guessed Lenovo. Founded in 1984, the firm delivers a portfolio of PCs and tablets, monitors, accessories, smart home and collaboration solutions, as well as smart infrastructure data centre solutions around the world. In fact, the firm has since 1995 shipped over half a billion PCs, and make three devices every second. The company ranks the #217 in the Fortune Global 500. It is also listed on the Hong Kong Stock Exchange, where it is included as one of the initial members of the Hang Seng TECH Index. Why are we talking about Lenovo? We're talking about Lenovo because while it is widely known for its consumer products, the firm is very much into B2B services. For one thing, it works with Formula 1 to build technology infrastructure that facilitates the flow of data collected on race tracks. But how far will B2B business be a key driver for growth? Speaking of growth, the firm has a history of acquiring major firms including IBM's PC business back in 2005. More recently, the company had in June last year acquired stakes in two digital units of Hong Kong telecoms firm PCCW to grow its IT services business. But how far will the firm rely on M&A and investments in other firms for future growth? On Under the Radar, The Evening Runway's finance presenter Chua Tian Tian posed these questions to Fan Ho, Executive Director and General Manager, Asia Pacific Solutions and Services Group, Lenovo.See omnystudio.com/listener for privacy information.
Shares of the Chinese property giant fell by almost 80% on its first day of trading since March last year. The firm had suspended its activity in the Hong Kong Stock Exchange as it aimed to release a global restructuring plan. he US Commerce Secretary, Gina Raimondo, is the fourth member of Joe Biden's cabinet to visit China in the last two months. We look into what might come out of this three-day trip. And thousands of airline passengers face potential delays and cancellations after a technical issue at UK air traffic control led it to bring in traffic restrictions to "maintain safety". We hear the latest.
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
It is all about art toys and figurines for today. Founded in 2010, our guest POP MART is a culture and entertainment company. The firm creates art toys and collectible pieces sold through its network of retail stores or vending machines. POP MART made its debut on the Hong Kong Stock Exchange in 2020 with a market capitalisation of US$12.5 billion at the end of its first trading day. Aside from manufacturing and selling toys, the firm also puts a focus on developing artists that provide intellectual property that can be made into toys, figurines or other products. To this end, the company works with renowned international designers such as Kenny Wong for its iconic character called Molly. If you are a collector, you would probably know of Molly as a little girl with emerald eyes and pouting lips, or simply one of the firm's best selling characters. Beyond working with artists, POP MART also collaborated with global brands such as Disney, Universal Studios and Sanrio to come up with co-branded products. Question is – how does the firm navigate its relationship with designers and corporates given that they are considered as the lifeblood of the company? The company is on the charm offensive to expand internationally by opening retail stores around the world, but it is also diversifying away from toy manufacturing at the same time. To what extent do these moves contradict each other? And what is POP MART's grand plan for the future? On Under the Radar, Drive Time's finance presenter Chua Tian Tian posed these questions to Kevin Zhang, Head of Strategic Partnership, POP MART.See omnystudio.com/listener for privacy information.
(Note: next podcast September 8th!) This podcast: Best Hydrogen ETFs And Stocks. Plus… includes these articles: “7 Hydrogen Stocks You Better Be Buying on Each and every Dip”; “3 Alternative Energy Stocks With Multibagger Potential”; “Benefits of Sustainable Investing: 3 Companies Leading The Way”; and “15 Biggest Green Tech Companies in the World.” Transcript & Links, Episode 112, August 11, 2023 Hello, Ron Robins here. Now before I begin, I want to mention that I'm taking a one-episode break so my next podcast after this one will be September 8th. So, welcome to this podcast episode 112 titled “Best Hydrogen ETFs And Stocks. Plus…” It's presented by Investing for the Soul. Investingforthesoul.com is your site for vital global ethical and sustainable investing mentoring, news, commentary, information, and resources. And look at my newly totally revised website at investingforthesoul.com! Tell me what you think. Now, remember that you can find a full transcript, and links to content – including stock symbols and bonus material – on this episode's podcast page located at investingforthesoul.com/podcasts. Also, a reminder. I do not evaluate any of the stocks or funds mentioned in these podcasts, nor do I receive any compensation from anyone covered in these podcasts. Furthermore, I will reveal to you any personal investments I have in the investments mentioned herein. Additionally, quotes about individual companies are brief. Please go to this podcast's webpage for links to the actual articles for more company and stock information. Also, some companies might be covered more than once and there are also 4 article links below that time didn't allow me to review them here. ------------------------------------------------------------- 1. Best Hydrogen ETFs And Stocks. Plus… Today, I'm starting with the article 7 Hydrogen Stocks You Better Be Buying on Each and Every Dip, by Ian Cooper, on investorplace.com. Here's some of what Mr. Cooper says about his picks. “1) Global X Hydrogen ETF (NASDAQ:HYDR) It's up to $10 a share and could test $12 a share, all because of the growing demand for hydrogen… as I noted on July 17, with an expense ratio of 0.50%, this one invests in companies involved in all aspects of hydrogen production, distribution and use. 2) ALPS Clean Energy ETF (NYSEARCA:ACES). With an expense ratio of 0.55%, the ETF offers diversification and exposure to companies involved with renewables and clean technology… While it's finding resistance above $50, eventually I'd like to see it test $60 a share again soon. 3) Defiance Next Gen H2 ETF (NYSEARCA:HDRO). With an expense ratio of 0.30%, the ETF invests in companies that generate at least 50% of their revenue from involvement with hydrogen-based energy sources, fuel cell technologies and industrial gases. While it's been volatile, it has a strong history of bouncing back from excessively oversold conditions. 4) Air Products & Chemicals (NYSE:APD) Owns more than 100 hydrogen plants around the world and is involved in more than 250 projects. Air Products & Chemicals [has] a yield of 2.32%. The company is also working on a $7 billion hydrogen joint venture in Saudi Arabia. 5) Bloom Energy (NYSE:BE) Is another one of the hot ‘must own' hydrogen stocks… Analysts at RBC Capital are also bullish… the firm just initiated coverage with an outperform rating with a price target of $24 a share. 6) Plug Power (NASDAQ:PLUG) Has traded essentially flat this year, but it's still a solid long-term bet on hydrogen… Northland Securities analysts just upgraded the stock to ‘outperform' from ‘market perform' with a price target of $22 a share. 7) Fusion Fuel Green (NASDAQ:HTOO) Is still a pre-revenue company, but it has some impressive contracts. For one, it signed a 10-year offtake contract with European developer Hydrogen Ventures for 30 tons of green hydrogen per year.'' End quotes. ------------------------------------------------------------- 2. Best Hydrogen ETFs And Stocks. Plus… Now continuing with the alternative energy theme is this piece titled 3 Alternative Energy Stocks With Multibagger Potential. It's by Faisal Humayun and found on investorplace.com. Mr. Humayun includes these points about his picks. “1) Plug Power (NASDAQ:PLUG) PLUG stock has trended lower in the last 12 months and it's a golden opportunity for long-term investors to accumulate. With the company providing end-to-end solutions in the hydrogen economy, the growth visibility is robust… With significant expansion plans, revenue is likely to increase to $5 billion in 2026 and further to $20 billion by 2030… I believe that PLUG stock is poised for multi-bagger returns. 2) First Solar (NASDAQ:FSLR) stock has surged by 135% in the last 12 months. However, considering the growth momentum, First Solar stock remains undervalued at a forward price-earnings ratio of 27.1. 3) Enphase Energy (NASDAQ:ENPH) stock has been trending lower and I see this downside as a good accumulation opportunity. At a forward price-earnings ratio of 30.5, the growth stock looks attractive with an investment horizon of five years… Enphase identifies itself as the world's leading supplier of microinverter-based solar-plus-storage systems.” End quotes. ------------------------------------------------------------- Leading Sustainable Agricultural Related Stocks Many investors wonder what sustainable agricultural-related stocks there might be. Well, this article is for you. It's titled Benefits of Sustainable Investing: 3 Companies Leading The Way by Shoshana Weizenblut on finextra.com. Now a few comments by Ms. Weizenblut on her picks. “1) AGCO: Advancing Agricultural Sustainability AGCO integrates sustainability into its core business strategy, emphasizing innovation and technology to make agriculture more efficient, productive, and environmentally friendly. For instance, AGCO's Fendt Vario tractors leverage fuel-efficient designs and advanced technology to reduce environmental impact. The company's Precision Planting solutions help farmers optimize planting and yield, thereby minimizing waste and enhancing food security. 2) ICL Group: Promoting Sustainable Agriculture and Nutrition ICL Group, a leading global specialty minerals company, and one of the largest fertilizer manufacturers in the world, offers another attractive opportunity for sustainable investment. ICL's operations center around producing a sustainable food supply, focusing on soil health, plant nutrition, and food quality. ICL's innovative fertilizers are designed to increase crop yields while decreasing the environmental footprint. They are advancing Controlled Release Fertilizers (CRFs) and Water-Soluble Fertilizers (WSFs), which help maximize nutrient uptake and reduce nutrient leaching, thus protecting water sources. Furthermore, ICL's commitment to recycling industrial by-products into useful resources, such as phosphate, magnesium, and bromine among others, illustrates their dedication to a circular economy and resource efficiency. 3) John Deere (really Deere & Co): Pioneering Precision Agriculture John Deere, a familiar name in agricultural machinery, has been pushing boundaries to make farming sustainable and efficient. The company's focus on innovations to improve machinery efficiency and promote agriculture makes it a promising prospect for sustainable investors. John Deere's smart farming technologies, such as precision ag technology, allow farmers to utilize resources more effectively. This technology involves the use of GPS and data analytics to optimize crop planting, irrigation, and harvesting, reducing waste and environmental impact. Furthermore, John Deere's advancements in electric and autonomous farming machinery reflect their commitment to reducing emissions and promoting sustainability.” End quotes. ------------------------------------------------------------- 15 Biggest Green Tech Companies in the World And now for your interest and which you might want to investigate are the 15 Biggest Green Tech Companies in the World. It's by Afifa Mushtaque and found on finance.yahoo.com. Here's some of what Ms. Mushtaque says about these companies. “To list the biggest green tech companies in the world, we targeted pure play companies in green technologies and made a list of 20 such companies. Out of those, the 15 companies with highest annual revenue in 2022 were selected and have been ranked in ascending order of high revenue… 15. Ormat Technologies, Inc (NYSE:ORA) Annual Revenue: $734.16M Ormat Technologies, Inc… specializes in providing alternative and renewable geothermal energy technology. With over 190 power plants constructed and 3,200 MW installed, it owns and operates 933 MW of geothermal and recovered energy-based power plants as of January 2021. 14. Bloom Energy Corp (NYSE:BE) Annual Revenue: $1.20B Bloom Energy Corp… is known for manufacturing solid oxide fuel cells that generate on-site electricity… Benefiting from government incentives for green energy, the company has installed approximately 600 megawatts worth of fuel cells as of 2020. 13. TPI Composites Inc. (NYSE:TPIC) Annual Revenue: $1.52B TPI Composites Inc. is the largest U.S-based independent manufacturer of composite wind blades, serving global wind turbine manufacturers. 12. EDP Renováveis (EDPR) Annual Revenue: $2.21B EDP Renováveis is a renewable energy company based in Madrid, Spain. It was established in 2007 as part of Energias de Portugal (EDP Group) and operates wind and solar power plants in 13 international markets. EDPR is the world's fourth-largest wind energy generator. 11. Sunrun, Inc (NASDAQ:RUN) Annual Revenue: $2.32B Sunrun Inc. … is an American provider of residential photovoltaic systems and battery energy storage products. 10. Enphase Energy Inc (NASDAQ:ENPH) Annual Revenue: $2.33B Enphase Energy… [produces] solar micro-inverters, battery storage, and EV charging stations for residential customers worldwide, shipping over 63 million microinverters to over 145 countries. 9. First Solar Inc (NASDAQ:FSLR) Annual Revenue: $2.62B First Solar, is an American solar panel manufacturer and utility-scale PV power plant provider. They use rigid thin-film modules with cadmium telluride (CdTe) semiconductor. 8. SolarEdge Technologies Inc (NASDAQ:SEDG) Annual Revenue: $3.11B SolarEdge Technologies Inc. … is the pioneer of utilizing DC optimized inverter systems and commercialized Power Optimizers. These devices enable module-level maximum power point tracking (MPPT) for solar photovoltaic systems to improve energy production compared to traditional central inverters. 7. Daqo New Energy Corp (NYSE:DQ) Annual Revenue: $4.61B Daqo New Energy Corp. is a Chinese company that manufactures monocrystalline and polysilicon used in solar photovoltaic systems. They operate a manufacturing facility in Shihezi, in the Xinjiang Province of China… Daqo New Energy Corp is one of the most economical producers of high-purity polysilicon for the solar PV industry. 6. Vestas Wind Systems A/S (VWS.CO) Annual Revenue: $14.49B Vestas Wind Systems AS is a global leader in sustainable energy solutions that specializes in designing, manufacturing, installing, and servicing wind turbines worldwide. With over 166 GW of wind turbines in 88 countries, they have the largest wind power installation globally. 5. Xinyi Solar Holdings Limited (0968.HK) Annual Revenue: $17.69B Xinyi Solar Holdings Limited… is the world's largest solar cover glass producer with a 30% market share. It is headquartered in Dongguan and listed on the Hong Kong Stock Exchange since December 2013. 4. NextEra Energy, Inc (NYSE:NEE) Annual Revenue: $20.98B NextEra Energy, Inc is the world's largest utility company with a market capitalization over $100 billion, based in America. They lead the industry by generating more wind and solar energy than any other company globally. 3. NRG Energy Inc (NYSE:NRG) Annual Revenue: $31.54B NRG Energy, Inc. … is a Texas-based American energy company… NRG is engaged in energy generation and retail electricity and offers a diverse portfolio including natural gas, coal, oil, nuclear, wind, utility-scale, and distributed solar generation. 2. Tesla Inc (NASDAQ:TSLA) Annual Revenue: $81.46B Tesla, Inc. … designs and manufactures electric vehicles, stationary battery energy storage systems, solar panels, and related products and services. As of 2023, it is the world's most valuable automaker that leads the battery electric vehicle market with an 18% share in 2022. 1. JinkoSolar Holding Co Ltd (NYSE:JKS) Annual Revenue: $83.53B JinkoSolar Holding Co … is a Shanghai-based solar panel manufacturer… It went public on the NYSE in 2010. As a member of the Silicon Module Super League, JinkoSolar Holding Co Ltd distributes solar products to utility, commercial, and residential customers in multiple countries.” End quotes. ------------------------------------------------------------- Other Honorable Mentions – not in any order. 1) Title: 3 Clean Energy Stocks Set to Beat Q2 Earnings Estimates on nasdaq.com. By Aparajita Dutta. 2) Title: 5 Best Energy ETFs: Top Oil, Gas and Renewable Energy Funds on insidermonkey.com. By Hamna Asim. 3) Title: Better High-Yield High-Growth Renewable Energy Buy: Hannon Armstrong Or NextEra? (HASI) on seekingalpha.com. By Samuel Smith. 4) Title: The Ultimate Guide to Vegi ETF: Investing in Vegetarian and Vegan-Related Companies on nnn.ng. By NNN. ------------------------------------------------------------- Ending Comment Well, these are my top news stories with their stock and fund tips -- for this podcast titled: “Best Hydrogen ETFs And Stocks. Plus…” Now, please be sure to click the like and subscribe buttons on Apple Podcasts, Google Podcasts, or wherever you download or listen to this podcast. That helps bring these podcasts to others like you. And please click the share buttons to share this podcast with your friends and family. Let's promote ethical and sustainable investing as a force for hope and prosperity in these very troubled times! Contact me if you have any questions. Thank you for listening. Now, as I said earlier, I'm taking a one-episode break so I'll talk to you next on September 8th. And, again, please look at my new totally revised website at investingforthesoul.com! Tell me what you think! Bye for now. © 2023 Ron Robins, Investing for the Soul
The Hong Kong Stock Exchange is one of the largest in the world and also in Asia. But it is seeing the lowest number of IPOs in 20 years in the first half of 2023. Nicolas Aguzin, Chief Executive Officer of HKEX shares with us their look north policy, and strategies for growth in a rising competition landscape.
J&T Express, a leading e-commerce logistics company in Southeast Asia & China, has recently filed for an IPO listing in the Hong Kong Stock Exchange. Although no details of the fundraising size and timeline has been revealed, sources say the proposed sale share is expected to raise between $500 million to $1 billion. This would make it one of the largest Hong Kong issues in 2023. J&T Express is the market leader in ASEAN and is a fledgling player in China. And this IPO, if successful, could be viewed as a proxy for TikTok's e-commerce ascent. On Money in the Market, Hongbin Jeong speaks to Nirgunan Tiruchelvam, Head of Consumer and Internet at Alētheia Capital, and the author of the book "Investing In The COVID Era", to find out more about the significance of this listing. See omnystudio.com/listener for privacy information.
HSBC, the largest bank in Hong Kong, is offering cryptocurrency exchange traded funds (ETFs) to its clients, reports say. Specifically, HSBC is allowing its customers to trade Bitcoin and Ethereum ETFs listed on the Hong Kong Stock Exchange. The banking behemoth is now the first bank to offer clients access to crypto ETFs in Hong Kong. Currently, Hong Kong lists three cryptocurrency ETFs: the CSOP Bitcoin Futures ETF, the CSOP Ethereum Futures ETF, and the Samsung Bitcoin Futures Active ETF.
Welcome back to The Impulso Podcast, your source for the latest updates in business and technology. In this episode, we delve into a series of fascinating developments that have been making headlines. From the recent visits of Gates and Blinken in China to Alibaba's leadership reshuffle, Grab's layoffs, and the upcoming J&T Express IPO, we bring you all the key insights and analysis. We begin by highlighting the significant meeting between Bill Gates and President Xi Jinping in China. Gates, on his first visit to the country in four years, engaged in a warm and notable conversation with the Chinese leader. This encounter serves as a sharp contrast to the frosty relations between the two governments, particularly with U.S. Secretary of State Antony Blinken's visit to China seeking to stabilize U.S.-China relations after years of tensions and conflicts. Shifting gears, we dive into the recent reshuffle of Alibaba's leadership. Joe Tsai and Eddie Wu, two co-founders, have been appointed as Chairman and CEO of the group, respectively. We explore their backgrounds and their instrumental roles within the company, with Wu's tech expertise and anticipation of increased technological innovations under his leadership. We delve into the motivations behind the restructuring, the vision articulated by outgoing CEO Daniel Zhang, and the significance of Jack Ma's return to the organization. Next, we discuss Grab's recent layoffs, where Southeast Asia's leading ride-hailing and food-delivery app announced the firing of 1,000 employees. We explore the reasons behind this decision, including the need to manage costs amidst rapid industry and technological changes. We highlight Grab's financial performance, its progress toward profitability, and its previous job cuts in response to the pandemic's impact. In another exciting development, we turn our attention to J&T Express, a rapidly growing international delivery company. We uncover its filing of a draft IPO prospectus with the Hong Kong Stock Exchange, providing insights into its business operations, financials, competitive standing, and key shareholders. We touch on J&T's impressive delivery numbers, its top customers like Shopee and TikTok Shop, and the notable stakeholders involved. Join us for this captivating episode of The Impulso Podcast, where we explore the intriguing stories of Gates and Blinken in China, Alibaba's leadership reshuffle, Grab's layoffs, and the upcoming J&T Express IPO. Stay informed, stay ahead, and stay connected to the dynamic world of business and technology. Referenced materials: Ecommerce in Southeast Asia 2023 https://momentum.asia/product/ecommerce-in-southeast-asia-2023/ Commentary: Why do so many Western tech firms fail in China? https://www.channelnewsasia.com/commentary/why-western-tech-firms-fail-china-market-linkedin-amazon-wechat-3571801?cid=internal_sharetool_iphone_21062023_cna J&T Express: Highlights of draft IPO prospectus https://momentum.asia/product/jt-express-highlights-of-draft-ipo-prospectus/
Peter Brack is a Managing Partner at Hypothesis Ventures, an early-stage VC fund investing in mission-driven companies outside of Silicon Valley. Peter was previously a Venture Partner at Mucker Capital in Los Angeles and before that started & exited two media companies on the Hong Kong Stock Exchange after starting his career in media at Time Warner and Time Inc. building the Asia operations. Peter is also a startup coach in addition to being an investor and advisor in startups.
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Welcome to Friday with Cirillo, the day where Paul rolled out one day after Cirillo got in his new seat. We are talking about new JD Power dependability rankings, Berkshire Hathaway selling off BYD shares, and Dick' Sporting Taking a play out of the automotive playbook.Lexus takes back the top spot for dependability, while Kia dropped to 3rd overall while maintaining their top spot with mass market brands. Most Dependable Model(s) - Tie1: Lexus RX1: Toyota C-HRCompact SUV1: Kia Sportage2: Buick Envision3: Jeep Cherokee“Infotainment technology continues to be a sticking point for many automakers, representing twice as many problems as the next largest category, vehicle exteriors.”“This year's study includes Tesla owner responses for the first time, with Tesla scoring 242 problems per 100 vehicles.” -Remain unranked due to Tesla restricting dataBerkshire Hathaway recently sold off a large portion of their shares in Chinese EV automaker BYD.Berkshire initially invested in BYD in 2008, purchasing 228 million shares for $232 million.“The sale on February 3 lowered Berkshire's holdings in BYD's issued H-shares to 11.87% from 12.26%, the filing to the Hong Kong Stock Exchange on Thursday showed.”The sale accounts for $139 million in share valueWarren Buffett's company has now sold nearly 95 million of its original shares of Chinese electric carmaker.Dick's Sporting Goods is expanding on their new trade cycle management strategy by expanding their Trade In events to 19 states and 200 events in 2023.Athletes can exchange their used sports gear and receive DICK'S gift cards or have the option to donate to select local sports organizations. Items that do not qualify for trade-in can be donated or recycled responsibly.The average trade-in total was $88 and almost all attendees said they would be interested in reselling used gear at least once a year.Brendan Candon, CEO of SidelineSwap, said "Last year's trade-in events with DICK'S clearly showed that DICK'S athletes loved the convenience of trade-in events, and enjoyed being able to easily turn their used sports & outdoors gear into credit to spend at DICK'S."Get the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email Share your positive dealer stories: https://www.asotu.com/positivity ASOTU Instagram: https://www.instagram.com/automotivestateoftheunion
Mandy Cheung is a licensed corporate finance advisor. I advise companies listed on the Hong Kong Stock Exchange on their transaction structures for M&A, and fundraising. She has recognized how our thoughts and relationship with month has transmuted and transformed into real world money and have created practices and life coaching to those who want a better spiritual relationship with their finances. Mandy Cheung Email - hey@mandy-c.com Website - https://www.mandyc.co/ LinkedIn - https://www.linkedin.com/in/mandyc852/ Youtube - https://www.youtube.com/mandyc852 @liberatedhealerpodcast @The Liberated Healer #spirituallifecoaching coach #lifecoach #financialfreedom #helpothers #hongkong #fundraising #podcast #spiritualpodcasts #spiritualteachers #consciousness #podcasts #newpodcast #comedypodcast #womenpodcasters #podcasthost #shadowwork #chakra #spirituallessons #spiritualhealing #revdrkaty #selfempowerment #wellnesspodcast #mmjpodcast #witchesofinstagram #personaldevelopment #mmjourneyspod #lawofattraction #spotifypodcast #podcastshow #soulguidance #spiritualbusiness #psychic #raiseyourvibration #spirituallyhungry #newpodcastepisode #spiritualleader #purpose #dreams Learn more about your ad choices. Visit megaphone.fm/adchoices
In today's episode, I chat with licensed corporate finance adviser and spiritual wealth coach Mandy Cheung. Mandy helps people beat their debt, build wealth, and control their future. We talk about the relationship between spirituality and money and how self-love helps us with our money mindset. "The law of attraction is more about the universe sending you the people, the ideas, or the opportunities so that you can receive what you want.” - Mandy Cheung “Once my clients acknowledge that they are already enough, then they have so much more mental clarity in how to manage their finances.” - Mandy Cheung What You Will Learn From This Episode On spirituality and money and how these two works together Manifesting or law of attraction - what they mean and why some people think it doesn't work for them What to do if you want to add manifestation in your financial life Three things you can do to get out of scarcity or negative mindset after being triggered by a financial situation, like a medical bill or tax bill On self-love and its relationship with money Why it's important for women to have their own money How women can improve their finances Exercises on how to improve money mindset About Mandy Cheung: Mandy Cheung is a licensed corporate finance adviser and spiritual wealth coach based in Hong Kong. She works with companies listed on Hong Kong Stock Exchange on their transactions like IPO, M&A, and equity fundraising exercises. She also supports women to be financially independent and live life on their own terms because she genuinely believes that the world will be a better place if more women become financially empowered. Resources: Quote by Henry Ford: “Whether you think you can, or you think you can...” (goodreads.com) On Toxic Masculinity and Mental Health: An Interview with Colin Becker Connect with Mandy: mandycheung.coach/ YouTube Connect with Melanie mentalhealthandwealth.com melanielockert.com Instagram Support the podcast through Ko-Fi: https://ko-fi.com/melanielockert Buy Melanie's book “Dear Debt” Contact: mentalhealthandwealthshow@gmail.com Want more content and support? Sign up for the Mental Hump Newsletter and get our free Mental Health and Money inventory worksheet. You can sign up at MentalHealthandWealth.com. Also, we host a Mental Health and Wealth Hangout every other Thursday over Zoom at 5 pm PT to chat about all things money and mental health. Join here! Follow us on Apple Podcast or Libsyn! Love the podcast? Leave a review on iTunes!
Kia ora,Welcome to Wednesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the International edition from Interest.co.nz.Today we lead with news markets have reacted sharply to a 'small miss' in the US inflation data. The impact on the NZD has been large.This small change in the American inflation rate has brought huge reactions. The US CPI slipped in August from 8.5% to 8.3% at an annual rate. Month-on-month the rate rose from 0% in July to +0.1% in August, or an annualised rise of +1.2%. The data may seem tame, but it wasn't the fall to 8.1% markets were expecting and there has been a truly outsized reaction.Equity markets have dived. Bond yields have jumped. The USD has strengthened sharply. Markets are bracing for a Fed that says it is more determined than ever to squash inflation and benchmark policy rate hikes may now be higher for longer given the policy action so far isn't working, apparently.The American CPI benefited from sharp falls in fuel cost. But it was food and rent that is creating the latest upward pressure, showing the inflationary impulse is much more embedded that many had assumed. The prior assumption was that falling petrol costs would be enough to quell inflation. It isn't. Core inflation actually rose.The market reaction seems to be based on the fear that the inflation fight might necessitate their economy suffering a hard landing, and a period of recession.Meanwhile last week, same store retail activity rose more than +11% from a year ago. That remains much more than can be accounted for by inflation and continues a long run of 'real' gains and far above what this tracking showed pre-pandemic.And as at June 2022, deposits at US banks flowed out, falling -US$370 bln to US$19.6 tln. It is the first quarterly decline since 2018 and comes as households seem to be shifting to a more active investing stance. It is an enormous shift, on a global scale. It's even an enormous shift in terms of their economy, equivalent to about 1.5% of GDP.In China, it appears that another very large hi-profile company is in trouble, mainly because of its exposure to the property sector. This could be another HNA-style meltdown. This company is Fosun International. Beijing has apparently told its state-owned banks and other SOEs to review their exposures to the company. The Shanghai based company was built on debt, and has seen its share price wither by half in the past year. Today's official warnings may trigger some sharp moves when the Hong Kong Stock Exchange opens later in the day.Economic sentiment in Germany has dived to its lowest level since the GFC, obviously driven by concerns about what lies ahead in a winter without the backstop of Russian energy supplies. The September fall is being described as 'significant'.In Australia, there are 10.8 mln dwellings. In total they were worth AU$10.146 tln as at March 2022. But by June they had fallen in value to AU$9.983 tln. That is a loss of value of -AU$162 bln - or -AU$1.8 bln per day.Staying in Australia, that value retreat hasn't hurt business confidence - yet. The widely-watched NAB business sentiment survey for August improved, with conditions holding high and confidence improving. Westpac had a consumer sentiment survey out too, and that improved as well.The UST 10yr yield starts today at 3.42% and another +6 bps firmer from this time yesterday.The price of gold will open today at US$1704/oz and down a sharpish -US$25 from this time yesterday. But that was a minor fall compared to some other precious metals.And oil prices start today -50 USc lower at just under US$87.50/bbl in the US while the international Brent price is now just over US$93/bbl.The Kiwi dollar will open today sharply lower at just on 60.1 USc and an overnight fall of -1½c from this time yesterday. That is a 28 month low. Against the Australian dollar we are down at 88.9 AUc and a -½c fall. That is a nine year low. Against the euro we are also -½c lower at 60.2 euro cents. That all means our TWI-5 starts today at 69.8 and a fall of -90 bps over the past day. The last time we were this low on the TWI-5 was November 2020.The bitcoin price is now at US$20,747 and a sharp -6.7% retreat from this time yesterday. Volatility over the past 24 hours has been extreme at just over +/- 5.0%.You can find links to the articles mentioned today in our show notes.And get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston and we'll do this again tomorrow.
Samling Group is a Malaysian conglomerate with diverse business interests from automobiles, to palm oil and most prominently, timber. It was once listed on the Hong Kong Stock Exchange in 2007 and then taken private in 2012. As one of the largest end-to-end timber companies in Malaysia, Samling is often embroiled in allegations of illegal logging and deforestation. We ask CEO, Lawrence Chia, the contentious issues the group is involved in, and can the company do better for the environment.
Samling Group is a Malaysian conglomerate with diverse business interests from automobiles, to palm oil and most prominently, timber. It was once listed on the Hong Kong Stock Exchange in 2007 and then taken private in 2012. As one of the largest end-to-end timber companies in Malaysia, Samling is often embroiled in allegations of illegal logging and deforestation. We ask CEO, Lawrence Chia, the contentious issues the group is involved in, and can the company do better for the environment.
Small Business is the life blood of the economy. Many small manufacturing companies start and grow across multiple generations of the same family. At some point in their life, many reach a point of stability (low to no growth) and lack of interest by future family generations leading to divestiture. Operation by a family is different than operation by investors. Managing this transition to ensure business continuity, employee retention and growth, and customer satisfaction is paramount to ensure success for the investors and retention of manufacturing capabilities in the U.S. Based on experience completing multiple acquisitions of small, family owned businesses globally, we have honed a process to transition businesses between models.Mr. Ross has more than 35 years of international business, M&A, engineering design, business development and manufacturing leadership in industrial sectors including aerospace/defense, electric vehicle power systems, industrial gases, nuclear power, engineering services, and alternative energy. Mr. Ross' career highlights include leadership of two early-stage technology companies, four business restructurings ranging in revenue from $10 million to $120 million, international mergers and acquisitions with enterprise value up to $200 million and completing a public offering of Continental Aerospace Technologies on the Hong Kong Stock Exchange. After successfully finishing a career at Continental Aerospace, Mr. Ross has become involved in manufacturing business M&A as an Independent Sponsor, Family Office and a Director of Deuce Drone LLC, an emerging technology company developing last mile package delivery service solutions using small, unmanned aerial vehicles.Mr. Ross holds a Bachelor of Science in Nuclear Engineering and a Master of Engineering in Mechanical Engineering, both from the University of Florida. After finishing school, Mr. Ross started his career as an officer in the United States Navy's Submarine Service.
The “demon nickel” incident of China Tsingshan Group has made the London Metal Exchange (LME) and Tsingshan Group the focus of the international financial market, and gradually exposed the inside story of how the Hong Kong Stock Exchange and the Chinese Communist Party (CCP) influence the global nickel price through the LME. https://ept.ms/3IwE3Sn London Metal Exchange, LME, Chinese Communist Party, Hong Kong, London Stock Exchange, Hong Kong Stock Exchange, demon nickel, New York Stock Exchange, Nasdaq Stock Exchange, the United States
Sue Stockdale talks to Janine Canham, Chief Operating Officer of Sanford C. Bernstein in Asia about how she leads her team by showing empathy and building a sense of team spirit. Janine also talks about her love of running, particularly ultra-distance races and draws the parallels between both environments.Janine Canham was born of a British mother and Lebanese father and was raised in Beirut until the Civil War. She has lived in Hong Kong for 30 years. She started her career as a lawyer with an international law firm. Janine sat on the Listing Committee of the Hong Kong Stock Exchange and led the establishment of Bernstein in Hong Kong, Singapore, and India. Janine has twin boys and is an avid runner, having taken part in numerous multi-stage ultra-races across the world. She has also dabbled in triathlon, completed an Ironman, and is a keen supporter of RUN, a charity in Hong Kongwhich helps support vulnerable refugees through the power of sport.Find out more about Janine Canham https://www.linkedin.com/in/janine-canham-21b58929/Janine Canham Quotes'My dad's Lebanese and we lived in Beirut till I was 12 and left because of civil war. Now I look at refugees and think, there but for the grace of God, we were obviously very lucky.''I think COVID especially has made people appreciate families more, and appreciate your colleagues' families more as well'.'I think you don't need to hide your vulnerabilities.''We're trying to be really understanding and help people and I hope people appreciate that.''I guess when it gets really, really tough and you're struggling, that's when the mental game kicks in. And when you have to play mind games with yourself to stop yourself from quitting.''I think with the job and the running event, you have to have the finish line in mind. I think I'm not quite sure yet how I'm going to get there, but I know somehow I'm going to find a way to get there.''I think the main thing with people working remotely is just to make sure we all stay connected with each other.'Read the transcription for this episode on www.accesstoinspiration.org and connect with us:Twitter www.twitter.com/accessinpirat1 Facebook www.facebook.com/accesstoinspiration Instagram www.instagram.com/accesstoinspiration LinkedIn www.linkedin.com/company/access-to-inspiration/ Download our Impact Report https://accesstoinspiration.org/wp-content/uploads/2022/Impact-Report-2021.pdf Sign up for our newsletter http://eepurl.com/hguX2b Sound Editor: Matias de Ezcurra (he/him)Producer: Sue Stockdale (she/her)
India may ban private cryptocurrencies and launch a central bank digital currency, according to a parliament bulletin released on Tuesday. The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, is among the proposed laws that will be taken up when the parliament meets for its winter session starting November 29. According to the bulletin, the bill seeks “To create a facilitative framework for the creation of the official digital currency to be issued by the Reserve Bank of India. The Bill also seeks to prohibit all private cryptocurrencies in India, however, it allows for certain exceptions to promote the underlying technology of cryptocurrency and its uses.” Apple has filed a lawsuit against NSO Group and its parent company to hold it accountable for the surveillance and targeting of Apple users, the iPhone maker said in a press release. The complaint provides new information on how NSO Group infected victims' devices with its Pegasus spyware. To prevent further abuse and harm to its users, Apple is also seeking a permanent injunction to ban NSO Group from using any Apple software, services, or devices. NSO Group creates sophisticated, state-sponsored surveillance technology that allows its highly targeted spyware to surveil its victims. These attacks are aimed at a very small number of users, and they impact people across multiple platforms, including iOS and Android. SenseTime, one of China's biggest AI solution providers, is a step closer to its initial public offering, according to TechCrunch. SenseTime has received regulatory approval to list on the Hong Kong Stock Exchange. Founded in 2014, SenseTime was christened as one of China's four ‘AI Dragons' alongside Megvii, CloudWalk, and Yitu. Atom Bank, an online bank in the UK, has introduced a four-day workweek for its 430 staff without cutting their pay, BBC reports. Employees now work 34 hours over four days and get Monday or Friday off, when previously they clocked 37.5 hours across the whole week. Inspired by the Covid-19 pandemic, the move will help retain staff and improve their wellbeing. However, employees will have to work longer hours on the days they are coming to the office. (03.27) Interview: Hemant Mohapatra, partner at Lightspeed, on prospects of crypto startups in India and south-east Asia India has a nascent but growing cryptocurrency and blockchain sector, with at least two startups already crowned unicorns on the back of a strong venture capital investor interest. In today's interview, Hemant Mohapatra—a partner at Lightspeed, which is among the VC firms that have backed the crypto sector for several years now, discusses his new comprehensive report on the prospects of crypto startups in India and south-east Asia.
We talk with Grace Hui, Managing Director Head of Green and Sustainable Finance, Hong Kong Exchanges and Clearing Limited. We discuss with Grace how the Hong Kong Stock Exchange balances the demand from investors for more information on ESG data and sustainable finance products with the ability of companies to supply this information. We talk about development of sustainable finance in Asia and the work the Hong Kong Stock Exchange is doing in supporting companies' transition to a sustainable future.
News headlines: * The UK has finally agreed to remove SA from its controversial red travel list. The changes, which are expected to be announced on Thursday, will mean travellers would no longer be expected to quarantine in a hotel at their own expense. * Trading in shares of China's debt-laden property group Evergrande was suspended on the Hong Kong Stock Exchange today after it missed a key bond interest payment last week - its second offshore debt obligation in a week. * Multinational chemical producer UPL faces a criminal probe after it illegally stored hazardous chemicals in a warehouse in Durban that was looted and set ablaze during South Africa's social unrest in July.
The Hong Kong Stock Exchange may benefit from Beijing's crackdown on foreign share sales because it doesn't count as “foreign” under the central government's new cybersecurity rules.Read the article by Zhou Wenmin, Wang Duan, Denise Jia: https://www.caixinglobal.com/2021-07-23/cx-daily-why-hong-kong-could-gain-from-chinas-foreign-share-sale-crackdown-101744210.html. Narrated by Caroline Agsten. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In May 2021, JD logistics was spun off from JD.com as a stand-alone entity and IPO on the Hong Kong Stock Exchange. The logistics aspect of JD.com was always its biggest difference to Alibaba. Highly criticized at first due to the high cost that accompanied the maintenance and purchase of warehouses, JD showed that their logistics expertise can have much more potential than just servicing their e-commerce platform. This is an older record that we did right the filing. Find us on @ProductiveLazySunday on Youtube, Twitter, and Instagram!
Alvin Chow, CEO of Dr Wealth, shares his thoughts on Chinese electric vehicle maker Xpeng debut on the Hong Kong Stock Exchange after raising $1.8 billion in its first local share sale and the company's dual listing in Hong Kong and New York. See omnystudio.com/listener for privacy information.
In this episode of The Director's Chair, Michael Fullilove speaks with international business leader Marcus Wallenberg. Marcus is a fifth-generation member of the Wallenberg Family, a Swedish political and business dynasty that has counted foreign ministers, ambassadors, and prominent business figures among its numbers. Marcus is the chairman of both Saab and the SEB Group. He sits on the board of AstraZeneca and the international advisory board of the Hong Kong Stock Exchange and has previously served as chair of the International Chamber of Commerce. Michael and Marcus talk about the situation in Hong Kong, the rollout of vaccines, and how the pandemic has changed the nature of work. Marcus discusses how China is viewed in Europe, the future of the international economy, and leaders who have impressed him. Saab Australia is a subsidiary of Saab AB, of which Marcus Wallenberg is the Chairman. Saab Australia is a corporate member of the Lowy Institute.See omnystudio.com/listener for privacy information.
This week Pete, Matt & Zoe get together in Melbourne during Good Beer Week to record this week's new round up. As much as we wanted to avoid naming the Scottish Brewery, they again make it impossible, this week accused of stealing marketing ideas. We discuss with Zoe the challenges of being a creative pitching for work in the beer industry and also BrewDog's response to the allegations. We mention this article on action the EU has taken about anti-competitive practices in Europe. We also look at ABInBev's plans to spin off its Asia Pacific operations and list them on the Hong Kong Stock Exchange, and what the application documents reveal about the brewing giant's Australian operations and the local market. Radio Brews News is proudly presented by Cryer Malt. With over 25 years in the field, Cryer Malt has been bringing you the world's best local and imported malts. Your premium brewing partner and proud supporters of Brews News. We thank Rallings Labels and Stickers for sponsoring this podcast. Call Rallings on 1300 852 235 to discover a more efficient way to get your small batch canning labels done. If you like what we do at Radio Brews News you can help us out by: Sponsoring the show Reviewing us on iTunes or your favourite podcasting service Emailing us at producer@brewsnews.com.au to share your thoughts All letter writers will receive a brews news bottle opener and go into the draw to win a mixed six-pack thanks to our good friends at Beer Cartel who sponsor our letter for the week.
This episode the Dukes... ... Discuss recent plays of Arkham Horror LCG, Labyrinth: The War on Terror, Great Western Trail, Ghost Stories and Junk Art (6:36); ... Discuss the latest gaming news including information on three new titles from the new publisher Restoration Games, CMON becoming a publicly traded company on the Hong Kong Stock Exchange and the Kickstarter for Kingdom Death Monster (17:46); ... Review Renegade Game Studios' The Blood of An Englishman (26:21); ... Review Aporta Games' Capital Lux (45:45); ... Look back at their review of Viticulture in their Dukes' Double-Take (1:07:31); and ... Discuss some big news for Alex and the podcast (1:21:33). Please be sure to support the Dukes on their Patreon campaign page! Twitter: @dukesofdice Facebook: /dukesofdice Dukes of Dice YouTube ChannelSubscribe on iTunes Thanks to our awesome sponsors - please give them a visit! Meeple Realty. Tasty Minstrel Games