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2025-10-22<\/th>\r\n\t\t\t\t\t<\/tr>\r\n\t\t\t\t<\/thead>\r\n\t\t\t\t
17:44<\/th>\r\n\t\t\t\t\r\n\t\t\t\t\tApple Reportedly Cutting Production Orders for iPhone Air, Hiking Production Orders for Other iPhone 17 Models<\/a>\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t

Apple (AAPL.US) is significantly cutting production orders for iPhone Air, but simultaneously increased orders for other iPhone 17 models, as the series' overall strong sales proved resilient against the ongoing tariff war and a weak smartphone market, according to Nikkei Asia.

The production plan adjustments reflect both the lackluster reception of the iPhone Air outside China and unexpectedly strong demand for the iPhone 17 and iPhone 17 Pro models. As a result, Apple is maintaining its overall production forecast for the entire lineup at 85-90 million units.
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15:00<\/th>\r\n\t\t\t\t\r\n\t\t\t\t\tCainiao Full-Chain Product Daily Avg. Order Vol. in Latin America Grows Triple Digits QoQ in 3Q: Report<\/a>\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t

In 3Q25, Cainiao's full-chain product daily average order volume in the Latin American market grew by triple digits QoQ, with noticeable growth in populous countries such as Brazil and Mexico, Chinese media reported.

According to the report, Cainiao is not only the first Chinese enterprise to obtain a commercial customs clearance license in Brazil but also the largest customs broker at Brazil's Campinas International Airport.

In Mexico, Cainiao has established a distribution network covering over 20 states and core cities nationwide to achieve three-day delivery.
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14:58<\/th>\r\n\t\t\t\t\r\n\t\t\t\t\tSinger Jackson Wang Becomes Strategic Investor in PapaHome Taobao Furniture Store, Launching Selected Products Next Yr<\/a>\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t

PapaHome, the Taobao furniture brick-and-mortar store established by BABA-W (09988.HK)(BABA.US)'s Taobao Hong Kong and one-stop home repair platform Papabo, announced that it had received a investment from singer Jackson Wang's TEAM HOLDING, which has become a strategic investor.

PapaHome had previously announced that it will open a two-storey flagship store in Causeway Bay in the second quarter of next year, where it is envisioned to launch a limited selection of products by Jackson Wang.

PapaHome also stated that it has clearly planned to speed up the opening of more branches across Hong Kong next year, with the future goal of using Hong Kong as a springboard to gradually tap into Asia and other major markets.
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14:39<\/th>\r\n\t\t\t\t\r\n\t\t\t\t\tCainiao Said to Join Taobao Instant Commerce to Provide Delivery Within Hr Services<\/a>\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t

Insiders from Cainiao said that Cainiao Supply Chain will participate in Taobao Instant Commerce business to provide delivery within an hour services, according to yicai.com.

Cainiao has already begun offering services for Taobao Instant Commerce in certain areas of cities such as Shanghai, Hangzhou and Nanjing, and planned to expand to more key cities, insiders added.

The service is expected to cover categories such as 3C digital products, clothing and apparel, cosmetics & personal care and food, etc..
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12:26<\/th>\r\n\t\t\t\t\r\n\t\t\t\t\tHKEX Ba Shusong: Fundamental Logic of Global Asset Allocation Changes; Gold Becomes 2nd Largest Global Reserve Asset<\/a>\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t

The original global economic growth model is no longer sustainable, and the fundamental logic of asset allocation has changed, commented HKEX (00388.HK) Managing Director cum Chief China Economist, Ba Shusong, at a forum.

With the global economic growth slowing and traditional asset yields drifting lower, relying solely on beta returns is insufficient to meet investors' return targets, he said.

He believed that the rise in gold and Bitcoin prices is due to deep concerns over the fading purchasing power of fiat currencies, closely tied to the de-dollarization process.

The share of the US dollar in global reserves dropped from 60% in 2000 to 41% in 2025. So far, the total global market cap of gold has topped US$27 trillion, rendering it the second largest global reserve asset.

The Economist mentioned that AI is an innovation at the level of an industrial revolution, profoundly changing the underlying logic of socio-economic operations. The beneficiaries of AI are more concentrated in specific industries and among tech elites.
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