Investment Circle 24h | Unitree responds to rumor that reimbursements over 100 yuan require Wang Xingxing's approval; Shein goes public, Xu Yangtian does not ring the opening bell; second phase of the National SME Development Fund is coming into focus
Summary
This roundup includes multiple software and tech-related items from China. Shein officially lists on the Hong Kong stock exchange, while Manus says it has resumed independent operations under its original founding team. Didi also suffers a major service disruption that affects recommendation rankings, search, and messaging functions. The piece additionally notes that the government plans to establish a second phase of the National SME Development Fund to strengthen support for small businesses.
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