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On September 9th, it was reported that Tian Yonglong, a former researcher at OpenAI, has joined the CEO/Presidents office at Tencent, where he will serve as the "Head of Mixed Multimodal Models," reporting directly to Yao Shunyu, the head of Tencents Big Model.
September 9th - As of September 9th, the August sales figures for new cars in China from Japans three major automakers have all been released. Toyota, Nissan, and Honda all recorded double-digit year-on-year declines. Toyotas August sales in China reached 118,400 units, a 22.8% decrease year-on-year, marking the seventh consecutive month of sales falling below the same period last year. Nissans sales were 28,275 units, a 51.9% decrease year-on-year; Hondas sales were 26,749 units, a 49.9% decrease year-on-year, with both companies sales nearly halved. Nissans year-on-year sales decline has lasted for five consecutive months, while Hondas has been below the same period last year for 31 consecutive months. Analysts believe that as price competition among Chinese electric vehicle manufacturers intensifies, electric vehicles with more significant price advantages are attracting more consumer demand, while sales of the mainstay gasoline-powered vehicles for Japanese automakers remain sluggish.
Market news: Kioxia denied any intention to cooperate with SK Hynix, while promising to curb rising chip prices.
Hang Seng Index futures opened 0.15% higher at 25,268, a discount of 49 points.
The SC crude oil futures contract surged 4.00% intraday, currently trading at 731.70 yuan per barrel.