SMIC invested heavily to reward employees with nearly 3.5 billion yuan in stocks, and four senior executives received more than 10 million yuan; Alibaba launched the largest campus recruitment in history; GF Securities applied for funds to be frozen, and Evergrande Group collectively plummeted|Lei Feng Morning News
SMIC granted 67.53 million shares to 3,944 incentive targets including Liang Mengsong
On the evening of July 19, SMIC issued an announcement: the company's board of directors passed the "Proposal on the First Grant of Restricted Stocks to Incentive Targets", and granted 67.5352 million restricted stocks to 3,944 incentive targets at a grant price of 20 yuan per share. This part of the stock accounts for about 0.85% of the company's total share capital. According to the closing price of 51.8 yuan on July 19 , the value of this part of the stock is as high as 3.498 billion yuan . Deducting the cost of 20 yuan , the difference is also 2.148 billion yuan.
The announcement shows that SMIC Chairman Zhou Zixue, Vice Chairman Jiang Shangyi, Co-CEO Zhao Haijun and Co-CEO Liang Mengsong each received 400,000 shares of equity incentives; the company's Chief Financial Officer Gao Yonggang and Executive Vice President of Technology Research and Development Zhou Meisheng received 360,000 shares of equity incentives, and the company's Senior Vice President of Operations and Engineering Zhang Xin received 320,000 shares this time. It is estimated that Liang Mengsong, Jiang Shangyi, Zhou Zixue, and Zhao Haijun, the four senior executives, can each earn 400,000 shares, with a market value of nearly 12.72 million yuan (minus the cost price of 20 yuan).
In this equity incentive, SMIC's directors, senior management and core technical personnel received a total of 2.8 million shares, accounting for 3.7% of the total number of shares granted for equity incentives. Middle and senior business managers accounted for 10.20% of the shares, technical and business backbones accounted for 75.37%, and 10.73% of the shares were reserved for future use.
Domestic News
GF applied to freeze 132 million yuan of funds, Evergrande said it would counter-sue, and was previously caught up in various rumors of tight liquidity
On July 19, a civil ruling was widely circulated in the market: Evergrande Real Estate was applied by the Yixing Branch of China Guangfa Bank Co., Ltd. to freeze bank deposits of 132.01 million yuan or seal and seize other properties of equal value. According to the ruling, the applicant, Yixing Branch of China Guangfa Bank Co., Ltd., has provided a guarantee to the Wuxi Intermediate People's Court of Jiangsu Province, and stated that "the situation is urgent and failure to apply for preservation immediately will cause irreparable damage to its legal rights and interests." Evergrande Group responded that the 132 million project loan between Yixing Hengyu Real Estate Co., Ltd., a project company under the company's Jiangsu Province company, and the Yixing Branch of China Guangfa Bank is due on March 27, 2022. The company will sue the Yixing Branch for abusing pre-litigation preservation in accordance with the law.
Affected by the news, many stocks and bonds under Evergrande Group fell sharply on July 19. The decline of Hong Kong stocks of "Evergrande" continued to expand in the afternoon, China Evergrande fell more than 16%, Evergrande Auto fell nearly 15%, Hengten Network fell more than 12%, and Evergrande Property fell nearly 10%. The decline of Evergrande bonds continued to expand, "15 Evergrande 03" and "19 Evergrande 02" fell more than 10%, "20 Evergrande 02" fell more than 9%, "19 Evergrande 01" fell nearly 9%, and "20 Evergrande 01" fell more than 8%.
This is not the first time that Evergrande has been rumored to be mired in debt with banks and other financial institutions. What financial institutions have been paying more attention to recently is that the related transactions between Evergrande Group and Shengjing Bank amounting to more than 100 billion yuan once triggered an investigation by financial regulatory authorities such as the China Banking and Insurance Regulatory Commission. Earlier in late June, Sankeshu’s announcement exposed the overdue bills of China Evergrande. Also in June, two of the three major international rating agencies downgraded Evergrande’s ratings. In response to various external rumors about Evergrande Group’s tight liquidity, Evergrande Group announced on June 30 that it had reduced the company’s interest-bearing debt to approximately 570 billion yuan, achieving the goal of “turning at least one red line green” proposed by Evergrande Chairman Xu Jiayin in early June. (Yicai Global)
Alibaba launches the largest campus recruitment in history: 45 new positions open to fresh graduates for the first time
July 19 news: Alibaba officially launched the campus recruitment for fresh graduates in 2022 today. It is understood that this is the largest campus recruitment in Alibaba's history, with a total of 113 positions open, of which 45 positions and a large number of non-technical positions are open to fresh graduates for the first time.
It is understood that the types of positions open this time include: advertising and marketing planning, space designer, content planning, service operation, cross-border supply chain operation, etc.
In addition, there are technical positions, including analog design engineers, quantum computing scientists, video codec engineers, technical standardization engineers, customer service robot trainers, and other technical positions.
ByteDance introduces vice president of Lizhi FM to increase investment in data research and development
According to Tech Planet, Shi Youdi, former vice president of Lizhi FM, joined ByteDance at the beginning of this year as the company's R&D leader, responsible for data R&D. According to sources, Shi Youdi may be managing data BP under Luo Xuan, head of the data center of Volcano Engine. Tech Planet verified the above information with ByteDance, but ByteDance has not responded as of press time.
According to public information, Shi Youdi graduated from South China University of Technology and previously worked in technical development positions at Taobao and Tencent . In 2014, he joined Lizhi FM and later served as the director of big data at Lizhi FM. During his time at Lizhi FM, Shi Youdi was mainly responsible for the company's big data intelligent distribution, artificial intelligence, and on-demand services.
The addition of Shi Youdi will also play a positive role in guiding the data development of ByteDance's B-side business. Currently, ByteDance's three major B-side businesses are: Feishu, Bytedance and Volcano Engine.
Apps that infringe user rights, such as Xunlei and Huya Live, were named
The Ministry of Industry and Information Technology's official website released a "Notice on Apps that Infringe User Rights and Interests", which is the 6th batch of 2021 and the 15th batch of App Notices on Apps that Infringe User Rights and Interests. The notice stated that as of now, there are still 71 apps that have not completed rectification, including Douyin Express, Huya Live, Xunlei, Qingting FM, Xiachufang, etc.
Among them, Xiachufang, Dongfang Fortune, Xunlei, Qingting FM, and Aijianjian were involved in deceiving, misleading, and forcing users; Douyin Express was found to have insufficient information on the app distribution platform; Amazon Shopping, Weather Forecast, Anjuke, Xuexitong and other apps were found to have violated regulations in collecting personal information; Yonghui Supermarket, Phoenix News, 189 Mailbox, Dingdang Express Pharmacy, Tuhu Auto Care and other apps were found to have forcibly, frequently, and excessively requested permissions. (Beijing Youth Daily)
Vivo's first self-developed chip exposed: internal code name "Yueying"
On July 19, a reporter from Interface News learned from the supply chain that vivo's first self-developed chip is about to be launched, code-named "Yueying", but the further functional details of the chip are still unclear. It may be a chip specifically designed to enhance imaging capabilities.
SF Holding's revenue in June exceeded 16.3 billion
On the evening of July 19, SF Holding released its operating data for June. The company's revenue in June reached 16.309 billion yuan, a year-on-year increase of 26.56%. Among them, the revenue of express logistics business reached 15.124 billion yuan, a year-on-year increase of 22.71%; the business volume reached 951 million tickets, a year-on-year increase of 38.03%; the supply chain business revenue was 1.185 billion yuan, a year-on-year increase of 111.23%. SF's single ticket revenue was 15.91 yuan, a month-on-month increase of 2.05%, but year-on-year, it still fell by 11%.
Zhang Chaoyang: Changyou has plans to be listed in Hong Kong in the future, but Sohu is still uncertain
On July 19, Zhang Chaoyang, chairman and CEO of Sohu, told a reporter from Jiemian News at the live broadcast event of "Sohu News Snow Mountain Tour" that Changyou, a subsidiary of the company, has plans to be listed on the Hong Kong stock market in the future, but Sohu is not sure yet and will decide based on the specific situation.
When talking about Sohu's future positioning, Zhang Chaoyang said that it will still adopt a vertical development model, focusing on doing one thing well, doing what Sohu is good at, that is, focusing on media business. (Jiemian News)
international News
GlobalFoundries CEO denies acquisition talks with Intel: still insisting on IPO plan
Early morning on July 20, it was reported that Tom Caulfield, CEO of US chipmaker GlobalFoundries, said the company will still stick to its IPO plan next year.
Caulfield said reports that GlobalFoundries was a takeover target for Intel were just speculation. "We haven't had any discussions about it," he told CNBC on Monday. As the company moves forward with its IPO plans, "you're probably going to see a lot of speculation," he said.
People familiar with the matter said last week that Intel is considering the feasibility of acquiring GlobalFoundries. However, people familiar with the matter said that Intel has not yet made any investment contacts with GlobalFoundries' owner Mubadala Investment, and the two sides have not started any active communication. (Sina Technology)
iPhone exposed to security risks: it may be hacked even if you don't click on the link
Beijing time, July 20 morning news, Amnesty International released a report on Sunday saying that Apple iPhone has a vulnerability that can steal sensitive data through hacker software without the need for the phone user to click a link. The report found that if the iPhone is infected with NSO Group's Pegasus malware, attackers can steal messages and emails, and even control the phone's microphone and camera. Some government departments use NSO Group software, and hackers can steal data in a way that Apple is unaware of. Even if the iPhone software is kept up to date, it cannot prevent attackers using expensive confidential spyware.
Normally, if you see an unknown link or a phishing link in a message, it's safer not to click on it, but that doesn't apply to NSO Group, an Israeli company that sells software to government agencies and law enforcement to combat terrorism, car bombings, sex trafficking and drug trafficking.
Amnesty International discovered that it was possible to hack into an iPhone 12 running iOS 14.6. Apple had already launched iOS 14.7 on Monday, and it is not known whether the vulnerability has been fixed. The Android system is also not safe, and it is also a target of attack by NSO Group. (Sina Technology)
AT&T and Dish sign over $5 billion partnership to provide voice, data roaming services, etc.
Beijing time, July 20th morning news, Dish Network and AT&T signed a 10-year agreement worth at least US$5 billion. AT&T will become Dish Network's main network service partner.
Under the agreement, AT&T will provide voice, data and messaging services to Dish Network's virtual network operators Boost Mobile, Ting and Republic Wireless. Virtual network operators do not own the network but lease capacity from existing operators and sell services to their customers.
Dish's retail wireless customers in the U.S. can also use AT&T's network for voice and data roaming services. According to the most recent quarterly report, Dish has about 8.89 million retail wireless network customers, while AT&T has 186 million mobile customers.
IBM's second quarter revenue was $18.7 billion: net profit fell 3% year-on-year
In the early morning of July 20, it was reported that IBM released its second quarter financial report for fiscal year 2021. The report showed that IBM's second quarter revenue was US$18.745 billion, a 3% increase from US$18.123 billion in the same period last year, and it was flat year-on-year excluding the impact of divested businesses and exchange rate changes; net profit was US$1.325 billion, a 3% decrease from US$1.361 billion in the same period last year; net profit from continuing operations was US$1.325 billion, a 3% decrease from US$1.362 billion in the same period last year.
IBM's second-quarter adjusted earnings per share and revenue both exceeded Wall Street analysts' expectations, pushing its stock price up nearly 4% after the market closed.
Tesla closes its first Supercharger station, citing safety concerns
According to Electrek on July 19, Tesla closed its first Supercharger station today. The station was established about 10 years ago and is located near the Tesla design studio in Los Angeles. Tesla said that the Supercharger station was permanently closed to the public on July 19 due to "safety concerns."
Walmart's e-commerce Flipkart asks the Indian government to investigate Amazon's monopoly case separately
On the evening of July 19, it was reported that Flipkart, the Indian e-commerce division of Walmart , argued in a court document that in the antitrust investigation against Flipkart and Amazon , the two companies should be treated differently because the nature of the relevant evidence is different.
In January this year, India's antitrust agency, the Competition Commission of India (CCI), announced that it had ordered an investigation into Amazon and Walmart's e-commerce platform Flipkart for alleged violations of fair competition laws. CCI said at the time that exclusive agreements signed between mobile phone brands and e-commerce platforms, as well as allegations that e-commerce companies favored certain sellers, were the reasons for their antitrust investigation into Amazon and Flipkart.
Currently, Amazon and Flipkart are challenging the CCI's decision in court and trying to overturn a ruling made by an Indian court in June that allowed the antitrust investigation against the two companies to continue. The Indian government called the two American companies arrogant and accused them of using legal means to delay the investigation. (Sina Technology)