Weekly hot topics from social events to economic policies, this week’s insights you can’t miss. These trending topics across five major platforms cover everything from social news and economic policies to entertainment gossip and military developments. Join the discussions and stay up-to-date with the latest trends!
Livestreaming Scandals, Earthquake Events, and Entertainment Updates
Hefei’s “Three Sheep” Livestreaming Scandal Investigation Sparks Heated Discussions
The Hefei-based Three Sheep Technology Co. Ltd. has been fined a total of 68.94 million yuan for misleading marketing practices during livestreams. The scandal has prompted extensive discussions on the regulation of the livestreaming industry and consumer rights protection. Read more here....
Hefei Hit by Another 3.8-Magnitude Earthquake
Hefei experienced another earthquake of magnitude 3.8, with a focal depth of 12 kilometers. It is considered an aftershock of the 4.7-magnitude earthquake that occurred previously. No casualties or property damage have been reported. Read more here....
Jia Ling Resigns from Her Position at Big Bowl Entertainment
Big Bowl Entertainment company announced that will not renew contracts with any artists. Jia Ling will no longer serve as the director of Big Bowl Entertainment and will instead focus on content creation. Fans are eager to see what Jia Ling’s next move will be. Read more here....
Douyin
Livestreaming Penalties, Foreign Capital, and Gaming Entertainment
“Three Sheep” Fined Nearly 70 Million Yuan
The Three Sheep company was fined nearly 70 million yuan due to misleading marketing practices during livestreams. Douyin users are actively discussing the necessity of stricter regulations and the potential impact on the livestreaming industry. Read more here....
Foreign Capital Rushes to Acquire Chinese Assets
Foreign capital is making moves to acquire Chinese assets, sparking a capital battle in the markets. Douyin users are analyzing this trend and discussing what ordinary people should be wary of in this evolving economic situation. Read more here....
“Apple Scent” Song Gains Popularity in the Gaming World
The song Apple Scent by Lang Ge has made a significant impact in the gaming world. Its uplifting melody and heartfelt lyrics have not only captured the attention of music lovers but have also become a hit in games like Honor of Kings and Eggy Party. Read more here....
Xiaohongshu
Mobile Game Craze, Central Bank Policy Adjustments, and iPhone Unlocking
Shanghai Landmark Becomes Hot Spot for New Game Promotion
The immersive card game Ru Yuan has taken Shanghai by storm, with players flocking to the city’s landmarks to capture photos with giant posters of the game’s characters. Xiaohongshu users are actively sharing their experiences and tips on how to get the best shots. Read more here....
Central Bank’s “Four Arrow” Policy Adjustments to Stimulate the Economy
China’s central bank has announced a series of policy adjustments, referred to as the “Four Arrows,” aimed at stimulating economic growth. Xiaohongshu users are discussing how these changes, such as lowering mortgage rates. Read more here....
A 10-Year Locked iPhone Finally Unlocked!
A viral story about an iPhone 4S that had been locked for 10 years has taken over Xiaohongshu. The phone, finally unlocked after a long wait, has garnered millions of views and comments, with netizens expressing nostalgia and amazement. Read more here....
Baidu
Rare Natural Phenomena, Economic Policies, and Travel News
Rare Waterspout Appears in Hong Kong’s Victoria Harbor
A rare waterspout was spotted in Victoria Harbor, the first such sighting since records began in 1959. Netizens marvelled at the extraordinary phenomenon and discussed its meteorological implications. Read more here....
Central Bank’s “Four Arrow” Policy Affects Citizens’ Daily Lives
The central bank’s latest policy adjustments, including lowering mortgage rates and reserve requirements, aim to stimulate economic growth. The implications for citizens’ finances and the real estate market are hot topics of debate on Baidu. Read more here....
National Day Flight Ticket Prices Plummet
Compared to last year’s high National Day flight ticket prices, this year’s fares have seen a dramatic drop. Many travellers are expressing their frustration at purchasing tickets early only to see prices decrease significantly. Read more here....
Zhihu
Military Developments, Real Estate Policies, and Economic Regulation
PLA Successfully Launches Intercontinental Ballistic Missile
The People’s Liberation Army successfully launched an intercontinental ballistic missile into the Pacific Ocean, drawing widespread attention. Zhihu users are discussing the strategic implications and potential international reactions to this event. Read more here....
Politburo Meeting Highlights Real Estate Policies
The recent Politburo meeting featured an unusual focus on real estate policies, with several new terms and strategies introduced. Zhihu users are dissecting the implications for the property market and future economic planning. Read more here....
Central Bank Lowers Mortgage Rates: What Does It Mean for Homeowners?
The central bank has announced a reduction in existing mortgage rates, with an average decrease of 0.5 percentage points. Zhihu users are analyzing how this will affect the housing market and the financial burden on homeowners. Read more here....
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