AR - TechWire

2025.08.01

08:20

CICC: Video generation is about to reach a turning point, and the growth track is welcoming China's opportunities

A CICC research report indicates that OpenAI's release of Sora in 2024 will usher in a new era of video generation, ushering in the convergence of DiT technology paths and the beginning of the commercialization of video generation. By 2025, video generation will have seen significant improvements in aesthetic quality, character consistency, clarity, and efficiency. Video generation has already begun to enter film, television, e-commerce, and advertising as a productivity tool, with companies establishing early business models based on vertical SaaS subscription models. Chinese companies, in particular, have a significant advantage in the video generation sector: Kuaishou Keling is expected to lead the world in ARR by 2025, with commercialization also entering a fast lane.

2025.07.31

16:54

Hengrui Medicine: HRS-5041 tablets received drug clinical trial approval notice

Hengrui Medicine announced that the company and its subsidiary, Chengdu Shengdi Pharmaceutical Co., Ltd., recently received approval from the National Medical Products Administration (NMPA) for the clinical trial of HRS-5041 tablets. Clinical trials will commence soon. HRS-5041 is a novel, highly potent, and selective AR-PROTAC (androgen receptor-protein degradation targeting chimera) small molecule developed by the company for the treatment of prostate cancer. To date, the company has invested approximately 69.19 million yuan in R&D related to the HRS-5041 tablets program.

05:43

Arm (ARM.O) CEO: We have the opportunity to provide solutions for Stargate and have begun developing Stargate chips, but I cannot disclose more details about the Stargate chip.

2025.07.30

22:04

Lawrence Yun, chief economist of the National Association of Realtors (NAR): Data shows that despite an increase in housing market inventory, contract signings are still declining slightly.

21:31

U.S. stock market opens: three major indexes rise slightly

At the opening bell, the Dow Jones Industrial Average rose 0.04%, the S&P 500 rose 0.1%, and the Nasdaq Composite rose 0.19%. Marvell Technology rose over 10% as the company partnered with AI semiconductor company Rebellions. New Oriental Education & Technology Co., Ltd. fell over 10%, with its fourth-quarter net profit plummeting over 73% year-over-year. MARA Holdings rose over 6%, with Q2 revenue exceeding market expectations. The company held 49,951 bitcoins at the end of Q2.

20:23

The ISHARES MSCI India ETF fell 1.1% in pre-market trading.

2025.07.29

08:23

At least six people were shot in a shooting incident in Manhattan, New York, USA

On the afternoon of July 28, local time, a shooting occurred at the intersection of Park Avenue and 51st Street in Manhattan, New York, killing at least 6 people, including a police officer. According to the latest police report, the suspect with an AR-15 rifle has been subdued. Four senior New York City officials confirmed that the suspect in the shooting had died from the shooting. A large number of police forces are currently deployed at the scene, and some of the injured are in serious condition. The details of the case are still under investigation. The police urge the public to temporarily avoid the area.

2025.07.28

17:41

Fosun Pharma: Signed a licensing agreement with Nucor to obtain the rights to develop AR1001 in China

Fosun Pharma announced that its holding subsidiary Fosun Pharma Industry has signed a licensing agreement with Nucor, obtaining the rights to develop, register, produce and commercialize AR1001 in the agreed licensed areas (mainland China and Hong Kong and Macao) and fields (diagnosis, prevention and treatment of Alzheimer's disease and other neurological diseases). According to the agreement, Fosun Pharma Industry will pay a down payment and regulatory milestone payments of up to RMB 150 million. As of the date of this announcement, no drug with the same target for the treatment of Alzheimer's disease has been approved for marketing worldwide.

2025.07.27

22:49

CITIC Securities: Domestic models are accelerating iteration, and major companies are laying out the AI IDE track

CICC pointed out that Ali Qwen model has been open sourced for three consecutive times, and Step Star's new generation of multimodal reasoning basic model Step3 has greatly improved reasoning efficiency, and the domestic model capabilities continue to improve. The overseas AI Coding track is hot. GitHub Copilot will achieve about 400 million ARR in December 2024, Cursor has exceeded 500 million ARR, and Windsurf will also exceed 100 million ARR in April 2025. Domestic Byte TRAE, Ali Tong Yi Ling Ma AI IDE, Tencent CodeBuddy IDE and other major manufacturers' products have entered the AI IDE track, which is expected to drive the improvement of domestic model API calls. Byte open sourced Coze on July 26, and domestic AI application scenarios are expected to accelerate.

2025.07.25

21:40

Digital currency concept stocks generally fell, with Coinbase (COIN.O) down 1.1%, Strategy (MSTR.O) down 2.5%, and Marathon Digital (MARA.O) down 1.9%.

17:53

Xiaopeng Robotics has established a new intelligent mimicry department to focus on multi-modal robots

Xiaopeng Robotics Center has newly established the Intelligent Mimicry Department, which focuses on robot multimodality. Its research directions include embodied intelligence native multimodal large models, world models, spatial intelligence, etc. The head of the department is Ge Yixiao, a former Tencent ARC Lab technical expert who recently joined Xiaopeng. He was promoted to Tencent T12 technical expert at the age of 28. As the main person in charge of multiple projects in the multimodal direction, Ge Yixiao won the Tencent Technology Breakthrough Award for two consecutive years in 2023 and 2024. A source said that there are currently only three members in the Intelligent Mimicry Department of Xiaopeng Robotics, including Ge Yixiao. The department has opened social recruitment, campus recruitment and internship recruitment. The recruitment position is "Research Scientist (Multimodal Direction)", and there are only two job descriptions: "Build industry-leading embodied intelligence native multimodal large models and world models, with the potential to be applied to general humanoid robots and even more embodied scenarios" and "Create technological influence and lead international industry development."

2025.07.23

13:06

The market capitalization of ISHARES MSCI EAFE Growth ETF in the first half of 2025 fell 2% from CHF 165.5 billion at the end of 2024, and its assets under management were CHF 162.3 billion as of the end of June.

13:05

ISHARES MSCI EAFE Growth ETF's net profit in the first half of 2025 increased by 36% year-on-year to a record high of CHF 221.2 million.

2025.07.22

17:56

General Administration of Customs: 1,200 infringing “Labubu” seized

According to the news released by the customs, Huangpu Laogang Customs under Huangpu Customs recently inspected a batch of "dashcams" and other goods declared for export in general trade. In addition to the declared goods, the container also contained a large number of plush toy blind box bags printed with "POP MART", "THE MONSTERS" brand logos and "Labubu Toy Series" features, totaling 1,200. The customs officers on site initially determined that the batch of goods was suspected of infringement. After contacting, the right holder believed that the batch of goods infringed its exclusive trademark rights and copyrights registered with the General Administration of Customs, and applied to detain the goods. At present, the case is under further investigation and processing.

13:55

Chinese ports introduce entry facilitation measures to improve customs clearance efficiency

Data released by the China National Immigration Administration showed that in the first half of this year, 38.053 million foreigners entered and exited ports across the country, up 30.2% year-on-year. In order to improve the customs clearance experience of incoming foreigners, ports such as Beijing, Hangzhou, and Guangzhou have introduced a series of convenience measures. The ports of Beijing Capital International Airport and Daxing International Airport adopt the "double-row and inspection" mode, increase the number of police officers on duty and check channels, and improve the customs clearance efficiency of foreigners by about 30%. The Hangzhou Xiaoshan International Airport port has introduced intelligent humanoid robots and self-service filling terminals for foreign entry registration cards, shortening the customs clearance time. The Guangzhou Baiyun Airport port has introduced 15 convenience measures, set up a special channel for the Canton Fair, provided efficient entry services for exhibitors, and deployed AI intelligent interactive platforms and AR customs clearance guidelines to improve the level of intelligent customs clearance.

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