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Eight Things to Know Today: China's Foreign Ministry Responds to Sanrio Cancelling Vivant Collaboration; STAR 50 Index Hits New Low; IKEA Shanghai Restaurant Introduces 'Dine-In Purchase Requirement'
Today's Highlights Unitree Responds to Profit Decline: Attributed to Increased R&D Investment in Computing Power and Large Models US Justice Department Investigates Nvidia's Acquisition of Hugging Face Prominent US Investor Questions Federal Reserve's Interest Rate Decision Robots Now Have KPI Standards Too: AgiBot Launches First 'Working Hours KPI' Worken Chengdu Guoxing Aerospace Technology Co. Passes Hong Kong Stock Exchange Listing Hearing Top 3 Major News China's Foreign Ministry Responds to Sanrio Cancelling Vivant Collaboration At the Foreign Ministry's regular press briefing on October 29, a reporter asked: Japan's Sanrio company canceled a collaboration with a Japanese drama because the depiction of Chinese characters in the show sparked public resentment. What is the spokesperson's response? Foreign Ministry spokesperson Guo Jiakun said, "We have noted the relevant reports. This TV series once again reveals that a force within Japan has consistently sought to demonize and smear China through cultural products, spreading anti-China sentiment. The international community and far-sighted people within Japan should remain vigilant." (CCTV News) STAR 50 Index Hits New Low, Down 45% From Year High AI supply chain stocks fell collectively on the 29th, dragging the STAR 50 Index lower. Intraday, it dropped more than 4% at one point to 1,223.62 points, a new low since early September 2025 and 45% below its June high this year. In the afternoon, PCB concept stocks continued to slide. Waffer Technology, Aoshikang, Global Mall Electronics, Avary Holding, and SCC Electronics hit their daily limit down; Shengyi Electronics fell over 10%; Aohong Electronics touched the limit down; and Shengbang Technology, Shennan Circuits, Shenzhen Ultra Electronics, and Dingtai Hi-Tech each fell over 8%. In related news, global tech stocks broadly weakened, and disappointing earnings from industry giants prompted markets to reassess massive AI spending. In South Korea, Samsung Electronics dropped as much as 6% after chip profits fell short of expectations, while in US markets, Alphabet Inc. plunged 10% in after-hours trading after sales came in below expectations. (Sina Finance) IKEA China Responds to Shanghai Xuhui Restaurant Requiring Purchase for Seating Recently, netizens reported that following Starbucks, the IKEA restaurant in Shanghai's Xuhui district has also begun requiring customers to make a purchase to be seated on weekdays, with security guards on Tuesdays and Thursdays asking customers who occupy seats without buying to leave. IKEA China stated: The customer reminder you noticed is an initiative launched by the IKEA Shanghai Xuhui mall based on customer feedback and daily store operations, aimed at further enhancing the dining experience. IKEA values every customer's experience, and we hope to work with consumers to create a more comfortable and orderly shopping environment. (Jiemian News)
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