WeChat Makes It Crystal Clear: No Edit Button for Moments, Now or Ever
On August 14th, WeChat’s official account “微信派” published a post titled “Why Doesn’t Moments Have an Edit Feature?” The article laid it out in no uncertain terms: “Moments will not — has not, and will not — have a secondary editing feature, in the past, present, or future.”
WeChat explained that Moments, aptly named in English, captures “the moment” — that exact instant in time. It’s precisely because these posts are set in stone that they hold absolute authenticity. Instead of letting everyone live in a digital world where “anything could have been tweaked,” WeChat argues, it’s better to just let those few seconds of typo-induced regret fade away on their own.
Samsung and SK Hynix Chiefs’ First-Half Paychecks Come to Light
Regulatory filings from August 14th revealed that Samsung Electronics Chairman Lee Jae-yong continued his long-standing practice of forgoing any salary from the tech giant in the first half of this year — a tradition he’s kept up since 2017. Meanwhile, SK Group Chairman Chey Tae-won took home 1.75 billion Korean won (approximately 8.36 million RMB) from the group’s holding company, SK Inc.
Among other Korean conglomerate leaders, Doosan Group Chairman Park Jeong-won topped the charts with a hefty 45.58 billion won (approximately 218 million RMB) in H1 compensation. Hanwha Group Chairman Kim Seung-youn earned 11.58 billion won (approximately 55.3 million RMB) from group affiliates, while Lotte Group Chairman Shin Dong-bin received 11.2 billion won (approximately 53.5 million RMB). LG Group Chairman Koo Kwang-mo took in 4.83 billion won (approximately 23.1 million RMB). Hyundai Motor Group Executive Chairman Chung Eui-sun collected 2.25 billion won (approximately 10.75 million RMB) from Hyundai Motor, 1.35 billion won (approximately 6.45 million RMB) from Kia, and 900 million won (approximately 4.3 million RMB) from Hyundai Mobis.
Dongfang Zhenxuan Strikes Back at “Coupon-Hunting” Black-Gray Fraud
Dongfang Zhenxuan reported on August 13th that its routine order data monitoring flagged a massive volume of suspicious refund-only orders. The scale and value were substantial, pointing to potential “coupon-hunting” style fraud by black-gray industry actors. The company immediately secured evidence, filed a report with public security authorities, and cooperated fully with the investigation. Thanks to the police’s meticulous work, a suspect surnamed Zhang has been placed under criminal coercive measures for alleged fraud, and the case is currently being processed further. Going forward, Dongfang Zhenxuan says it will continue to strengthen its risk control systems and ramp up efforts to crack down on malicious refund claims and professional shakedown practices.
Dreame Sells Its First-Ever Phone, and It’s Priced Over 200K RMB
According to a report from Lanjinger News, the head of Dreame’s phone division shared on his Moments on August 13th that the company has officially delivered its 001st AURORA phone. He revealed that the full transaction amount of $30,000 has been received — with a $10,000 down payment and a final installment of $21,184. Photos circulating online show the device not only bears the signature of Dreame founder Yu Hao on the back but also comes with a numbered collector’s certificate. The certificate indicates the phone features 24K pure gold materials and is adorned with precious gemstones.
AMD Makes History with Record-Breaking $4.75B Bond Sale
On August 13th (local time), AMD submitted a FWP pricing document to the U.S. SEC, revealing the completion of a $4.75 billion senior unsecured bond issuance. This landmark deal not only sets a new company record for dollar-denominated debt financing but also marks AMD’s entry into the 2026 wave of AI-driven debt raises sweeping global tech giants.
The bonds are split across four tranches, covering short-to-long-term funding needs from 3 to 10 years. The 3-year notes, maturing in 2029, total $1.25 billion with a 4.600% coupon. The 5-year tranche, maturing in 2031, raised $1.5 billion at 5.000%. Both the 7-year (2033) and 10-year (2036) notes each raised $1 billion, carrying coupons of 5.250% and 5.500%, respectively. Together, the four tranches add up to $4.75 billion.
Meituan’s “Red Light Countdown” Pilot Goes Live
Meituan announced that on August 13th, its rider-friendly “wait-at-red-light timer” feature officially launched as a pilot in Beijing. When a rider hits a red light, the waiting time is automatically logged in the background, and their delivery window is extended accordingly. The pilot is currently active on select roads in Beijing’s Chaoyang District, Tongzhou District, and the Economic-Technological Development Area that have integrated traffic data. On August 14th, Meituan hosted a symposium in Beijing, bringing frontline riders and university scholars together for face-to-face discussions to gather feedback and suggestions on the trial.
RLX Technology Posts Q2 Net Revenue of 1.0105 Billion RMB, Up 14.8% YoY
On August 14th, RLX Technology released its unaudited financial results for the second quarter of 2026. The company reported net revenues of 1.0105 billion RMB in the quarter, a 14.8% increase year-over-year. Under non-GAAP measures, net profit came in at 238.8 million RMB. Gross margin for the period reached 35.4%, up 7.9 percentage points year-over-year. According to the earnings report, the revenue growth was primarily driven by international expansion and contributions from European entities in which the company previously invested. On the overseas front, in July of this year, RLX completed the acquisition of a 51% stake in a leading Western European distributor of smoke-free products and consumer goods, gaining access to its offline distribution network and B2B digital platform to strengthen its channel coverage across the European market.
LG Innotek’s H1 Sales to Apple Reportedly Hit Record High
On August 14th, LG Innotek released its half-year report, showing sales to a single customer reached 8.84 trillion Korean won (approximately $6.24 billion) in the first half of this year — a record high for H1 sales to a single client. This customer accounted for more than 10% of LG Innotek’s total sales during the period, covering both its optical and packaging businesses.
While LG Innotek didn’t name the client, industry watchers widely believe it to be Apple, based on the sales volume and business structure. LG Innotek supplies key components for Apple’s iPhones, including camera modules and substrates.
