7 Third-Party Platforms Involved in Train Ticket Sales Summoned for Talks
According to the Netinfo China WeChat account, recently, in accordance with the provisions of the "Cybersecurity Law" and the "Regulations on the Security Protection of Critical Information Infrastructure," the Cyberspace Administration of China and the National Railway Administration jointly summoned seven third-party internet platforms involved in train ticket sales, including Ctrip, Tongcheng, Qunar, Fliggy, Meituan, Zhixing Train Tickets, and Gaotie Guanjia, for talks. The relevant platforms are required to strictly implement the requirements of cybersecurity-related laws and regulations, and must not use automated programs to carry out large-scale, high-frequency ticket grabbing operations that interfere with the security verification measures of the China Railway 12306 platform, nor interfere with or endanger the safe and stable operation of the China Railway 12306 platform. Subsequent relevant departments will strengthen technical monitoring, and if behaviors that use technical means to interfere with or endanger the security of the China Railway 12306 platform are found, they will be severely dealt with in accordance with laws and regulations such as the "Cybersecurity Law" and the "Regulations on the Security Protection of Critical Information Infrastructure." (First Financial Daily)
4.5 Seconds for 5 Million, Zhang Xue's Live Auction of Championship Replica Racing Car Sells 'At Light Speed'
At 8 p.m. on April 10, Zhang Xue, founder of the Chinese motorcycle brand Zhang Xue Motorcycle, auctioned a replica of the WSBK championship-winning 820 racing car in his live stream, setting a cap price of 5 million yuan for the auction. According to the auction rules, bidders could not bid 5 million yuan at once; only after bidding over 1 million yuan and continuously clicking, the first to reach 5 million yuan would win, which involved an element of luck. Interface News noted that within less than a minute (about 45 seconds) of the live stream, the bid reached the 5 million yuan cap. During the live stream, Zhang Xue connected with the winning bidder that night. The bidder stated that he was an employee of Guangdong Aimeixiong Beauty Technology Co., Ltd.'s brand "Face Wash Bear," representing the company in the auction. While connecting with the employee, Zhang Xue stated that the money would be donated to Beijing Yanran Angel Children's Hospital in the names of both "Zhang Xue Motorcycle" and "Face Wash Bear."
It is reported that the original version of this replica racing car is the ZXMOTO 820RR-RS, a self-developed battle vehicle by Zhang Xue Motorcycle. From March 28 to 29, 2026, in the World Superbike Championship (WSBK) Portimão round in the middleweight category, French rider Valentin Debise, driving the Zhang Xue Motorcycle No. 53 820RR-RS racing car, won both races of the round, breaking the 37-year monopoly of international brands like Ducati and Yamaha in this category. (Interface News)
Amazon Responds to Rumors of Laying Off 14,000 Employees in May: The News Is Not True
Recently, there were rumors that Amazon would start a new round of layoffs in May, expected to lay off 14,000 employees, involving core business departments including the AWS cloud department, retail business, and human resources department, among others. Some teams in China might even be completely disbanded. In response, on April 10, Amazon stated to reporters that the news is not true. (The Paper)
Major Companies/Events
State to Develop AI MOOCs, Ensuring Equal Opportunities to Learn AI
Recently, the Ministry of Education, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, and the National Data Administration jointly issued the "Action Plan for 'Artificial Intelligence + Education'." It clearly states the promotion of AI talent cultivation and literacy enhancement. At the basic education stage, ensure the full and proper offering of AI courses, focusing on cultivating students' intelligent thinking; at the higher education stage, incorporate AI into the public basic course system; at the vocational education stage, promote the intelligent transformation of traditional industry-related majors, cultivating high-skilled talents adapted to industrial changes; at the lifelong education stage, gather and develop high-quality educational resources to ensure all learners have equal opportunities to learn AI; simultaneously, comprehensively enhance teachers' digital literacy and skills, fully stimulating their endogenous motivation to apply AI to innovate education and teaching models. (CCTV News)
Hong Kong's Strictest Smoking Control Order Is Here, Carrying E-Cigarettes on the Street Will Incur a Fine of 3,000 HKD, Tourists Will Not Be Exempt
The Hong Kong Department of Health stated that starting April 30, Hong Kong will prohibit anyone from possessing e-cigarettes, heated tobacco, and herbal cigarettes in public places. Consumers will violate the law even if they merely carry them without smoking, and once caught, the minimum fine is 3,000 HKD, with a maximum fine of 50,000 HKD and imprisonment for 6 months. The Hong Kong Department of Health also clarified that the new regulations have no grace period and no "first-time exemption." (First Financial Daily)
16 Certified Public Accountants Warned, Ministry of Finance Heavily Fines Zhongxingcai Guanghua
On April 10, the Ministry of Finance issued an administrative penalty decision against Zhongxingcai Guanghua Accounting Firm. According to the content of the administrative penalty decision, since June 2025, the Ministry of Finance organized an inspection team to conduct a practice quality inspection of Zhongxingcai Guanghua and extended the inspection to related enterprises. Upon inspection, Zhongxingcai Guanghua had practice quality issues in multiple audit projects, including issues related to the financial statement audits of three "Dongxu系" enterprises: Dongxu Group Co., Ltd., Dongxu Photoelectric Technology Co., Ltd., and Dongxu Blue Sky New Energy Co., Ltd. These three enterprises had previously been heavily penalized by securities regulatory authorities for financial fraud, fraudulent issuance, and other illegal activities. In response to the issues found in the inspection, the Ministry of Finance and the China Securities Regulatory Commission issued administrative penalty decisions based on the Certified Public Accountant Law, Securities Law, etc., respectively. Among them, the two departments collectively fined Zhongxingcai Guanghua 252 million yuan; the Ministry of Finance gave Zhongxingcai Guanghua a warning and suspended its business for 1 year; gave warnings to 16 signing certified public accountants, and imposed penalties of suspending business for 1 month to 1 year on the relevant certified public accountants, etc. (National Business Daily)
Xiaomi Canteen Launches Xiaomi Ice Cream
Recently, Xiaomi held the 2026 Values Conference, where the Xiaomi canteen launched a new product, "Xiaomi" ice cream. According to photos shared by REDMI product manager Sun Cun, the "Xiaomi" ice cream continues the naming method of Xiaomi cars, offering three versions: Standard Edition, Pro Edition, and Max Edition, priced at 5.99 yuan, 6.99 yuan, and 8.99 yuan respectively. It is understood that as early as 2015, Xiaomi changed its company canteen from outsourcing to self-operation, with everyone from chefs to service staff being Xiaomi employees, enjoying the salary treatment and company benefits of formal employees. Xiaomi stated that the canteen adheres to the principle of letting everyone enjoy the fun of gaining weight, with the goal of building the highest cost-effective canteen. (Sina Technology)
Hong Kong Issues First Batch of Stablecoin Licenses
The Hong Kong Monetary Authority announced on April 10 that the Financial Secretary, pursuant to the "Stablecoin Ordinance," has granted stablecoin issuer licenses to Anchor Fintech Company Limited and The Hongkong and Shanghai Banking Corporation Limited to issue stablecoins in Hong Kong. The licenses take effect today. According to the business plans of the licensees, they intend to commence business within the next few months upon completion of relevant preparatory work. (Cailian Press)
New Internet Platform Price Regulations Effective Today, Three Departments Rectify Automatic Renewal, Password-Free Payment, etc.
First, inspect price competition behaviors, rectify various unfair price competitions such as disorderly price competition and price fraud, so that operators comply with regulations; second, inspect price labeling behaviors, rectify unclear rules for price promotions, dynamic pricing, etc., promote the implementation of clear price labeling requirements, so that consumers can spend with clear understanding; third, inspect independent pricing behaviors, rectify platform algorithms that force or变相强制 force merchants to reduce prices or follow prices, so that merchants on the platform can price independently; fourth, inspect consumer rights protection behaviors, rectify提示方式 for automatic renewal, password-free payment, etc., so that consumers can choose independently. (CCTV News)
WeChat Updated 9 Features in March, WeChat and Enterprise WeChat Support Connecting Your Own Lobster
36Kr learned that on April 10, according to WeChat Open Class, WeChat updated 9 features in March: WeChat Official Accounts can initiate "topics"; the number of short videos for video account带货 has increased, supporting the attachment of "product collections"; the video account mini-game high-quality author incentive plan launched; WeChat and Enterprise WeChat support connecting your own lobster; cross-device photo/file transfer face-to-face; direct "preview" of compressed files; Seoul subway can purchase tickets with WeChat Pay; WeChat Store product labels updated; WeChat Store launched six new merchant benefits.
Samsung China Reportedly Undergoes Major Adjustments
Recently, rumors about strategic major adjustments in Samsung's China region have attracted widespread attention. According to the rumored plan, after the adjustment, this consumer electronics and home appliance giant may only maintain the complete establishment of the two core business units of mobile phones and storage in China, while other sectors may be integrated or withdrawn. An insider said that this adjustment has been approved by Samsung headquarters, but it has not been officially announced yet. "Samsung's white goods have already faded out of the Chinese market, now color TVs are also withdrawing, and the display business, which sells relatively well in the Chinese market, is affected because it belongs to the same department as black goods." A person close to Samsung also confirmed that the online adjustment plan is true. The aforementioned insider stated that after the adjustment, Samsung's major appliances and display business will fade out of the Chinese market, or there may be a small amount of sales through agents. (The Paper)
National Bureau of Statistics: In March 2026, National Consumer Price Increased by 1.0% Year-on-Year
36Kr learned from data from the National Bureau of Statistics that in March, after the Spring Festival holiday, consumer demand seasonally declined. The Consumer Price Index (CPI) decreased by 0.7% month-on-month and increased by 1.0% year-on-year. The core CPI excluding food and energy prices increased by 1.1% year-on-year. Affected by factors such as the rapid rise in international commodity prices and improved supply-demand relationships in some domestic industries, the Industrial Producer Price Index (PPI) increased by 1.0% month-on-month and increased by 0.5% year-on-year.
Tesla China Denies Rumors of Producing a New Small SUV
In response to market rumors that "Tesla is developing a new, smaller, and cheaper electric SUV," Tesla China responded on April 10, "This is a rumor." According to the aforementioned rumor, this compact SUV will be produced in China, and production is planned to be expanded to the United States and Europe. (Cailian Press)
SpaceX Lost Nearly $5 Billion Last Year Due to AI Investment
According to reports, two informed sources revealed that SpaceX lost nearly $5 billion last year, while revenue exceeded $18.5 billion. This loss data includes related expenditures of xAI—the artificial intelligence company founded by Elon Musk, which was acquired by SpaceX in February this year. The net loss and other financial data after merging SpaceX and xAI's performance had not been disclosed previously. SpaceX is preparing for what could be the largest initial public offering (IPO) in history, during which it has kept its financial status strictly confidential. (Sina Finance)
Popular Chinese Concept Stocks Rose Collectively Before U.S. Market Opening, Li Auto Rose Over 3%
36Kr learned that popular Chinese concept stocks rose collectively before the U.S. market opened. As of press time, Li Auto rose over 3%, Baidu rose over 2%, NIO, Tencent Music, and iQiyi rose over 1%, Alibaba rose 0.81%, JD.com rose 0.74%, Pinduoduo rose 0.58%, Xiaopeng Motors fell 0.58%, Bilibili fell 0.38%.
Porsche's Sales in China Drop Another 20%, Shrinking by 60% Compared to Three Years Ago
On April 10, Porsche officially stated that in the first quarter of 2026, Porsche globally delivered 61,000 new vehicles, a year-on-year decrease of 15%, mainly affected by the停产 of the 718 fuel version, the high base of the pure electric Macan's launch in the same period last year, and the cancellation of U.S. new energy vehicle tax incentives. Among them, North America remained the largest single market with 18,000 vehicles, a year-on-year decrease of 11%; local deliveries in Germany were 7,778 vehicles, a slight increase of 4% year-on-year; Europe (excluding Germany) decreased by 18%; deliveries in the Chinese market were 7,519 vehicles, a year-on-year decrease of 21%.
According to First Financial Daily statistics, compared to three years ago (i.e., the first quarter of 2023) with 21,365 vehicles, the brand's quarterly sales in China have shrunk by over 60%. (First Financial Daily)
U.S. Treasury Secretary and Fed Chairman Reportedly Convene Wall Street Executives to Discuss Risks of Anthropic's New AI Model
According to reports, U.S. Treasury Secretary Yellen and Fed Chairman Powell convened Wall Street executives for an emergency meeting to ensure that banks are aware of the risks that Anthropic's new AI model Mythos and potential similar models may bring in the future, and to take preventive measures to protect their respective systems. (Interface News)
"One of Hangzhou's Six Little Dragons" Manycore Tech Oversubscribed 82 Times on First Day of Hong Kong IPO
On April 9, Manycore Tech started its Hong Kong IPO. Broker data showed that it was oversubscribed 82 times on the first day, with financing subscriptions of about HK$10.047 billion, while the fundraising amount was HK$122 million. Manycore Tech plans to issue 161 million shares in this IPO, including 16.062 million shares for Hong Kong offering and 145 million shares for international offering. The maximum issue price per share is HK$7.62, and the total expected fundraising amount does not exceed HK$1.227 billion. According to the plan, this global public offering will end on April 14. Manycore Tech is expected to be listed on the Hong Kong Stock Exchange on April 17. Manycore Tech will become the first company among "Hangzhou's Six Little Dragons" to enter the capital market.
"Honor of Kings World" Officially Launched on PC Platform
36Kr learned that on April 10, the new game under the Honor of Kings IP, "Honor of Kings World," was officially launched on the PC platform. This game is developed by Tencent's TiMi Studio Group and is an important step in expanding the "content universe" of the Honor of Kings IP.
"OpenClaw-like Agent Deployment Risk Management Guide" Officially Released
36Kr learned that according to the China Artificial Intelligence Industry Development Alliance WeChat account, during the 17th plenary meeting of the China Artificial Intelligence Industry Development Alliance on April 10, the Security Governance Committee of the China Artificial Intelligence Industry Development Alliance officially released the "OpenClaw-like Agent Deployment Risk Management Guide." To systematically address the security challenges brought by OpenClaw-like agents, the guide focuses on the pain points of risk prevention and control during technology落地 for enterprises, proposes an overall framework and self-inspection specifications covering the entire process of deployment, use, and decommissioning, aiming to promote agents from "can be deployed" to "safe deployment, standardized use, and continuous governance," providing practical guidance for enterprises to carry out technology deployment规范ly.
Seat Belt Anchor Points May Detach, Hyundai Recalls Over 290,000 Vehicles in the U.S.
On April 10, according to disclosures by the U.S. National Highway Traffic Safety Administration (NHTSA), Hyundai Motor America is recalling some 2023-2025 Hyundai Ioniq 6, 2023-2026 Genesis G90, 2024-2026 Hyundai Santa Fe, and Hyundai Santa Fe Hybrid models because the driver and passenger seat belt anchor points in these vehicles may detach. A total of 294,128 vehicles are being recalled. (Interface News)
AI Frontier
Core Leader of OpenAI's "Stargate Project" Leaves, Data Center Strategy Undergoes Major Adjustments Again
According to several informed sources, three executives who participated in launching OpenAI's first "Stargate" data center project have left or are about to leave the ChatGPT development company. One informed sources said that Peter Hirschler, an OpenAI executive who played a key role in launching the "Stargate" project, has left. Two other sources stated that Shamez Hemani, responsible for computing power strategy and business development, and another head of OpenAI's computing power department, Anuj Saharan, have announced their departure to colleagues. (Sina Finance)
Huawei Enters the AI Glasses Market
On April 8, He Gang, CEO of Huawei's Consumer BG, posted a real photo on social media. The watermark in the lower left corner clearly marked "HUAWEI AI Glasses." He Gang only previewed with the eight words "Find the highlights yourself, stay tuned," without revealing more details. But this move undoubtedly预告 that Huawei's new AI glasses product will be亮相. The "Science and Technology Innovation Board Daily" also confirmed the news from industry chain sources. In this picture with HUAWEI AI Glasses, the photographer's hands are in the frame, not holding any device, indicating that Huawei's new smart glasses will support shooting and AI voice control functions. (Science and Technology Innovation Board Daily)
Alibaba: HappyHorse Model Is in Internal Testing, API to Be Opened Soon
36Kr learned that Alibaba stated that HappyHorse is a model developed by the Innovation Business Department under Alibaba ATH, currently in internal testing, and the API will also be opened soon. The ATH Innovation Business Department has launched a new exploration plan for interaction methods in the AI era. HappyHorse is part of this exploration direction, and more products will be launched successively. HappyHorse has currently registered an official Weibo account, stating that it has officially met everyone and needs a little more time.
Anthropic Agrees to Lease AI Computing Power from CoreWeave to Support Claude
Anthropic has agreed to lease data center computing power from CoreWeave to meet the growing demand for its artificial intelligence services. According to CoreWeave's CEO, this computing power will include various Nvidia chip architectures in U.S. data centers. This agreement will help Anthropic build and deploy its Claude AI model. CoreWeave has now included four major AI model developers in its customer list. (Cailian Press)
MiniMax Launches Music Generation Model Music 2.6
36Kr learned that on April 10, the large model company MiniMax officially released the new generation music generation model Music 2.6. This update achieves a full-dimensional evolution from the underlying engine to creation tools, significantly improving generation latency, music control, and acoustic quality. It launched a new "Cover" creation function and Music Skill for the AI Agent ecosystem, and opened a 14-day free internal test for global creators.
IPO Progress
Allchip Manufacturing
36Kr learned that the CSRC website disclosed that the IPO tutoring status of Allchip Manufacturing Technology Co., Ltd. changed to "tutoring acceptance." The tutoring券商 is Guotai Haitong Securities.
Changjin Photonics
36Kr learned that on April 10, the CSRC recently issued a批复 approving the initial public offering of shares of Wuhan Changjin Photonics Technology Co., Ltd., agreeing to the company's application for an initial public offering of shares and listing on the Science and Technology Innovation Board.
Major Company Financial Reports
TSMC: First-Quarter Revenue Increased 35% Year-on-Year
On April 10, TSMC (2330.TW) announced its March revenue data. TSMC's revenue in March was NT$415.19 billion (approximately US$13 billion), a year-on-year increase of 45.2%. From January to March this year, TSMC's revenue was NT$1.134 trillion (approximately US$35.7 billion), a year-on-year increase of 35.1%. TSMC previously predicted that, thanks to the vigorous development of the global artificial intelligence industry, it will achieve stronger growth this year, expecting first-quarter revenue to reach US$34.6 billion to US$35.8 billion, with gross profit margin expected to climb to 63% to 65%. The first-quarter revenue is close to the upper limit of the previous forecast range. TSMC will announce its first-quarter financial report next week, disclosing net profit data and the revenue proportion of advanced processes. (First Financial Daily)
Muji: Second Quarter of Fiscal Year 2026 Revenue of 19.61 Billion Yuan, Up 14.8% Year-on-Year
36Kr learned that Ryohin Keikaku Co., Ltd., the parent company of Muji (Shanghai) Commercial Co., Ltd., released its financial report for the second quarter of fiscal year 2026 (September 1, 2025 - February 28, 2026). The financial report shows that revenue this quarter was 19.61 billion yuan, a year-on-year increase of 14.8%; operating profit was 2.015 billion yuan, a year-on-year increase of 24.8%. As of the end of February 2026, the total number of global stores reached 1,460. In mainland China, the number of stores increased by 15净增 in the first half, reaching 437.
Spring Airlines: 2025 Net Profit of 2.317 Billion Yuan, Up 1.96% Year-on-Year
36Kr learned from Spring Airlines' announcement that in 2025, it achieved operating revenue of 21.46 billion yuan, a year-on-year increase of 7.30%; net profit attributable to shareholders of the listed company was 2.317 billion yuan, compared to 2.273 billion yuan in the same period last year, a year-on-year increase of 1.96%; basic earnings per share were 2.38 yuan.
Giant Network: First-Quarter Net Profit Expected to Increase 187% to 245%
36Kr learned from Giant Network's announcement that it is预计 that the first quarter of 2026 net profit attributable to shareholders of the listed company will be 1 billion to 1.2 billion yuan, a year-on-year increase of 187.47% to 244.96%; net profit after deducting non-recurring gains and losses is expected to be 950 million to 1.15 billion yuan, a year-on-year increase of 162.19% to 217.38%. From a business structure perspective, the company's performance growth is mainly driven by core products. The self-developed mobile game "Supernatural Action Team" daily active users (DAU) exceeded 10 million.
Investment and Financing
"Shengshu Technology" Completes Nearly 2 Billion Yuan Series B Financing
36Kr learned that Shengshu Technology announced the completion of nearly 2 billion yuan (RMB) Series B financing. This round of financing was led by Alibaba Cloud, with strategic investments from China Internet Investment Fund, Jiuan Haitang, TAL, Guanghua Chuangtou, etc., and continued additional investments from existing shareholders such as Xinglian Capital, Datai Capital, C&D Emerging Investment, BV Baidu Ventures, and Zhuoyuan Asia. Currently, Shengshu Technology has reached strategic cooperation with several embodied intelligence本体 and model companies.
"SynapX" Receives Hundreds of Millions of Yuan Investment Led by Singapore Venture Capital K3
36Kr learned that "SynapX" announced that it has received strategic investment from Singapore's K3, with existing shareholders Shunwei, Xiaomi, Hillhouse, and Linear continuing to add investment.
"Open Source China" Completes Hundreds of Millions of Yuan Series C+ Financing
36Kr learned that on April 10, open source and AI infrastructure service provider "Open Source China" announced the completion of hundreds of millions of yuan Series C+ financing, led by Shanghai Guotou Xiandao Fund, with joint follow-up investments from China Internet Investment Fund, Legend Capital, Lenovo Capital, Suzhou Chuangtou, and Baker Capital. So far, the total financing scale of Open Source China has approached 2 billion yuan. This round of financing will be重点投向 in信创关键核心技术, AI infrastructure construction, industrial digital upgrading, and breakthroughs in independently controllable technologies.
"This Chip Technology" Completes Nearly 1 Billion Yuan Series B Financing
36Kr learned that general heterogeneous intelligent CPU chip company "This Chip Technology" announced the completion of nearly 1 billion yuan (RMB) Series B financing. This round of financing was jointly led by Shanghai municipal and district state-owned platforms Shanghai IC Fund and Pudong Venture Capital, with old shareholders Legend Capital, Tongge Chuangtou, and Yuanhe Puhua continuing to add investment, and follow-up investments from Yuyao Yangming Fund and Ningbo Vesta, Zhikai Capital, Fuzhou Xintou Chuangtou, Fuzhou Rong Investment Capital, Fudan科创, and social capital. This round of financing will be重点用于 for the large-scale commercial use of existing products and the R&D and mass production of the next-generation high-performance intelligent agent CPU, accelerating the construction of the intelligent agent terminal ecosystem.
Cool Products
NIO ES9 Starts Pre-sale, Full Vehicle Price Starts from 528,000 Yuan
36Kr learned that NIO Technology's executive flagship SUV—the NIO ES9 was officially released and started pre-sale. The ES9 is the culmination of NIO's eleven years of system innovation, offering three versions. The full vehicle pre-sale price is 528,000 yuan to 658,000 yuan. The pre-sale price when purchasing using the BaaS battery rental method is 420,000 yuan to 550,000 yuan.
XPeng and Fuyao Jointly Release AI Dimming Privacy Glass, First Mass Production Delivered
36Kr learned that on April 10, XPeng Group and Fuyao Group held an event in Fuzhou, announcing the official release of the jointly developed AI dimming privacy glass and the completion of the first mass production delivery. This glass has seven core performances including fast light changing, strong privacy, high sun protection, and long life, and will be首次搭载 on the XPeng GX model.
Compiled|Kris
