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A smartphone captures tropical leaves, blending technology with nature photography.
Technology1/28/2026, 2:00:20 PM

Vintage iPhone 4S Surges on Chinese E‑commerce — Over 100,000 Orders in a Month at Rock‑Bottom Prices

A sudden spike in orders for the decade‑old iPhone 4S on Chinese e‑commerce platforms — exceeding 100,000 in about 30 days and including listings priced as low as ¥55 — highlights robust demand for ultra‑cheap smartphones in lower‑tier markets. The surge underscores growth in the refurbished and grey‑market ecosystem, raises questions over authenticity and consumer protection, and presents mixed consequences for Apple’s premium strategy.

A man working at control panels in a dimly lit industrial room with various monitors.
Technology1/28/2026, 2:00:15 PM

OLED Monitor Shipments Set to Surge as Panel Makers Scale Up

UBI Research forecasts OLED monitor shipments rising to 3.2 million units in 2025, a 64% increase from 2024, with growth expected to stay above 50% this year. Improvements in yields and rising demand from gaming and creative markets are driving the expansion, signalling a shift toward premium OLED adoption in the monitor sector.

Detailed view of sensors atop an autonomous car, showcasing advanced technology in an urban setting.
Technology1/28/2026, 1:50:30 PM

Lantu Aims for an L3 Breakthrough: Four New Models, One Hardware Bet for 2026

Lantu has unveiled four new models for 2026—covering SUV, FUV and MPV segments—with each vehicle fitted with Level‑3 autonomous driving hardware. The Taishan Ultra will lead the rollout with deliveries slated for March, and a luxury MPV priced around RMB 500,000 is planned for later in the year. The announcement signals a hardware‑led push into autonomous driving, but commercial success depends on software, regulation and consumer acceptance.

Vibrant Chinese flag waving on a sunny day, symbolizing unity and patriotism.
Business1/28/2026, 1:50:27 PM

Sichuan Probe of Veteran Tycoon Sends Three A‑Share Firms into Turmoil

Sichuan authorities have detained Xiong Haitao, the ultimate controller of three listed A‑share companies, prompting stock selloffs and reviving controversy over a disputed 2005 privatisation of Dongcai Technology's predecessor. The probe, led by the provincial supervision commission rather than the securities regulator, raises broader governance and contagion risks for Chinese markets and firms with opaque controlling‑shareholder structures.

Close-up of a chalkboard with a humorous math error showing 1+1=3 written in chalk.
Business1/28/2026, 1:50:16 PM

A Slip of the Pen Exposes a Bigger Problem: Listed Environmental Firm Flags Fourth Year of Losses after Erroneous Forecast

Zhenghe Ecology corrected a typographical error in its earnings preview after initially misstating the forecast year, but the corrected guidance revealed a projected Rmb120–140 million net loss for 2025. The company, which has recorded losses since 2022, cited delayed revenue from Beijing projects, project settlement cuts and poor second-half collections; it also withdrew a Rmb129 million payment lawsuit earlier in December 2025.

Wooden Scrabble tiles arranged to spell 'Tencent' on a green tile holder, scattered letters in the background.
Technology1/28/2026, 1:40:53 PM

Ma Huateng’s Billion-RMB Bet: Can Tencent Buy Time — and Relevance — in the AI Era?

Tencent’s recent billion‑yuan promotional blitz to kickstart an AI assistant exposes a strategic dilemma: the company admits its AI stack needs rebuilding even as it uses cash incentives to buy users. ByteDance’s speed and efficiency, and Alibaba’s open‑source enterprise strategy, frame a three‑way race whose outcomes will determine the next decade of Chinese tech leadership.

Confident woman in an office setting with a US flag behind her.
Business1/28/2026, 1:40:51 PM

Guangzhou Power Broker Arrested: Female Investor Who Built Control of Three Listed Firms Taken Into Custody, Clouding Corporate Empire

A high-profile Guangzhou investor, Xiong Haitao, who controls three A-share listed companies, has been detained and is under investigation, prompting simultaneous company disclosures and raising corporate-governance concerns. The arrest leaves ownership unsettled because a planned share transfer to a state-owned buyer is not yet registered, creating material uncertainty for the firms and their investors.

A diverse collection of international coins spread across a white surface, showcasing various currencies and designs.
Business1/28/2026, 1:40:45 PM

Gold Soars to Record Above $5,240 as Funds Halt Purchases; Silver, Miners and Exchanges Scramble to Manage Speculative Surge

Gold hit a record above $5,240 per ounce and silver spiked above $115 amid a weaker dollar, US political uncertainty and rising retail demand in China. Fund managers and exchanges have moved to curb flows and leverage — suspending subscriptions and raising futures margins — raising the risk of a volatile unwind.

Explore the breathtaking cliffs and ocean waves along Okinawa's dramatic coastline in Japan.
World1/28/2026, 8:20:14 AM

China’s Maritime Pressure Forces Tokyo to Pull Back as Tension Swells Around Senkaku/Diaoyu

Beijing’s intensified maritime enforcement around the Senkaku/Diaoyu islands and renewed East China Sea development have led Tokyo to privately advise its fishing fleet to withdraw from contested waters. The stumble of conservative politician Sanae Takaichi, whose hawkish comments have eroded domestic support, highlights how external pressure is feeding internal political strain in Japan and complicating the U.S.-Japan-China triangular relationship.

Detailed wooden jigsaw map featuring countries from North Africa and the Middle East.
World1/28/2026, 8:10:26 AM

Netanyahu Warns of Unprecedented Strike on Iran as U.S. readies Options, Raising Specter of Wider Conflict

Prime Minister Benjamin Netanyahu warned that Israel would respond with unprecedented force if Iran attacked, a statement made as U.S. officials reportedly briefed Israel on military options that could be ready within weeks. Tehran’s military echoed a readiness to respond, raising the risk that public threats and contingency planning could speed an escalation beyond the long-running shadow war between the two states.

A man rides a cyclo on a busy street in Nha Trang, Vietnam, surrounded by traffic.
World1/28/2026, 8:10:24 AM

Tel Aviv Families Switch Off Hostage Clock as Last Remains Return

Families in Tel Aviv ceremonially switched off a high-profile clock in front of the Defense Ministry on January 27 after the Israeli military announced the return of the last person taken to Gaza. The shutdown marks a symbolic end to a public campaign demanding a ceasefire and the return of hostages, even as tough questions about accountability, the war’s conduct and Gaza’s future remain.

Vibrant red lanterns with flags in San Francisco's Chinatown, showcasing a cultural celebration.
Politics1/28/2026, 8:09:57 AM

Beijing Defers on Free Access for Taiwan Veterans, Leaving Benefits to Local Rules — A Small but Symbolic Test of Cross‑Strait Policy

China’s Taiwan Affairs Office said ticket concessions for Taiwan’s retired military personnel are determined by local scenic spots and authorities rather than by a blanket cross‑Strait policy. The response reflects Beijing’s preference for low‑profile, locally implemented incentives rather than sweeping, centrally declared benefits — a stance with symbolic implications for cross‑Strait influence and Taiwan domestic politics.

Array of fine gold bars displayed on rich red fabric, symbolizing wealth and luxury.
Business1/28/2026, 8:00:24 AM

Forty‑Times Leverage Unravels: Shenzhen Gold Dealer’s Online Pre‑sale Platform Freezes Payouts, Investors Face Massive Losses

A Shenzhen jewellery firm that expanded into online, high‑leverage “pre‑sale” gold and silver products has frozen withdrawals and capped daily payouts after a run on its mini‑program platforms. Investors nationwide report unresolved balances in the hundreds of millions to billions of yuan; regulators in Shenzhen have opened an inquiry and the company has proposed steeply discounted settlements. The episode exposes risks from lightly supervised retail leverage, social‑media distribution and opaque hedging practices in China’s precious‑metals market.

Black and white seascape featuring waves crashing on rocks, boats, and an island in Taiwan.
Business1/28/2026, 8:00:22 AM

Vanke’s Quiet Storm: Yu Liang’s Sudden Exit and the Debt Tightrope That Could Define China’s Property Comeback

Yu Liang retired from Vanke on January 8 but has been conspicuously absent since, fuelling internal rumours he may be under scrutiny. Vanke has just cleared a crucial debt extension, but heavy leverage and opaque off‑balance financing leave the company and its former boss vulnerable to further regulatory and financial shocks.

Imposing cooling towers of a nuclear power station under a cloudy sky, showcasing industrial architecture.
Technology1/28/2026, 8:00:16 AM

Alibaba Stakes a Claim in Nuclear Power to Secure an AI Advantage

Alibaba has taken a stake in a large nuclear power project as part of a broader push by Chinese tech firms to secure the baseload electricity needed for large AI deployments. China’s industrial capacity in power equipment and fast delivery gives its companies an edge in the global struggle for compute, reframing energy as a core element of AI competitiveness.

A worker organizes cargo stacks on a truck in an industrial area.
Business1/28/2026, 7:50:22 AM

China’s Dining Boom Draws Top Capital — But Winners Will Be Small Stores with Tough Supply Chains

Top-tier capital is increasingly targeting China’s restaurant industry, shifting the investment focus from rapid outlet expansion to small, high-quality stores, resilient supply chains and digital brand-building. The move is professionalising operations and will likely prompt clearer regulation and greater transparency, but success will hinge on balancing freshness, cost and platform economics.