得鹿梦鱼Delu

Did Meituan launch delivery services like “Undergraduate Priority Delivery,” “Master’s Preferred Delivery,” and “Doctoral Exclusive Delivery”? Official customer service responds.

Recently, a delivery settlement screenshot labeled “Undergraduate Priority Delivery” and “Master’s Preferred Delivery” sparked widespread attention. The screenshot shows that the merchant is a Chaoshan beef hot pot restaurant, with everything provided—items, delivery address, and price breakdown. However, the delivery options are divided into four tiers. Besides the standard 3-yuan delivery fee, the 8-yuan “Undergraduate Priority Delivery” is labeled as for couriers who would hold a degree certificate, allowing them to communicate in English when placing orders. The 15-yuan “Master’s Preferred Delivery” includes consultations on choosing graduate school and selecting a program. The 88-yuan “Doctoral Exclusive Delivery” further indicates that accepting orders requires approval from a supervisor. In response, a reporter contacted Meituan’s platform official staff for verification. The official customer service representative responsible for user delivery services clearly stated that Meituan has never launched any delivery value-added services with pricing standards categorized by the rider’s education level.

Education always sparks widespread debate. There’s one past incident that left a deep impression on me. I used to work at a commercial plaza called Xiongfengcheng in Panyu, Guangzhou. The project boss hadn’t gone to school and came from a background as a foreman who worked with his hands. With the Xiongfengcheng project plus the land price, the boss’s net worth was at least in the hundreds of millions. But one thing the boss’s original generation was most proud of was that they established a board of directors—he himself was the chairman. Then they hired a top graduate from Tsinghua University to serve as the secretary to the board. Every day, the boss’s happiest moment was holding meetings just to casually “show off” his secretary. Now when I think back, I realize that in that moment, both people achieved their life values in each other’s way—the original boss satisfied his emotional value, compensating for his regret of not having studied, and the board secretary also realized his life value, earning a salary of more than 200,000 per year. Later, the original boss passed away after a brain hemorrhage, triggered by frequent outbursts of temper. This experience made me realize that working for someone else offers no chance to step into the spotlight. Only by staying alive can you get a chance to sit at the table of power.

Did VIP group members go all-in with leveraged financing and lose over 10 million yuan? Ren Zeping responds.

Recently, a chat screenshot has been widely circulated in the investment community. The screenshot shows that a paid member who spent 2,980 yuan to join “Zeping Macro VIP Group” said that after he heeded Ren Zeping’s judgment about the “tech bull” market, he went all-in and added financing to heavily hold shares of chip-related company Dermingli and Jiangbolong. His account was liquidated, resulting in losses of more than 10 million yuan.

In the early hours of July 20, the WeChat official account “Zeping Macro Outlook” published an article titled “Statement: Sincere Words on Volatility, Leverage Warnings, and Long-Termism” in response. The article was signed by Ren Zeping. The statement said: “Recently, I heard of a certain individual who took on leverage and paid a painful price. Because it involves personal privacy, it is still difficult to verify the person’s claimed causes and effects and the actual circumstances. I feel deeply heartbroken and very regretful. This seriously conflicts with the philosophy we have consistently emphasized about ‘Don’t use leverage, and don’t borrow to trade stocks,’ and is completely off the mark.”

When people gamble, winning is more terrifying than losing; because winning makes people completely forget. The leap in wealth requires accumulation, so hope is devoted eternally to the next round of wealth myths. And at the gambling table, there is never a shortage of new “ants.”

The global AI race is increasingly resembling the space race between the U.S. and the Soviet Union back then.

In the 1960s, the U.S. and the Soviet Union engaged in an arms-and-technology race centered on spaceflight. Each breakthrough spurred the other side to accelerate its pursuit, ultimately driving the entire industry to develop rapidly.

Today, the large-model space seems to be replaying this scene.

On July 17, Moonshot announced the open-source model Kimi K3. With 28 billion parameters, a 1 million-token context window, and multiple capability upgrades, it quickly became the focus of attention in the global AI community.

After the release, on Arena AI’s Code Arena leaderboard, Kimi K3 scored 1679 points, temporarily taking the top spot and surpassing Claude Fable 5 and GPT-5.6 Sol. However, AlphaSignal also noted that this benchmark is more front-end/UI oriented and cannot fully represent real software engineering capabilities, so the leaderboard results still need to be considered alongside more benchmarks.

What’s even more worth watching is Musk’s reaction.

On July 18, he revealed on X that xAI’s 2-trillion-parameter model currently being trained will complete its initial training next week.

The new model will be better in every way than the current 1.5T version (Grok 4.5), and it may even surpass Kimi—while still maintaining speed and token efficiency close to Grok 4.5.

In the past, the global AI competition largely revolved around OpenAI, Google, and Anthropic. Now, Chinese open-source models have become targets that international giants openly benchmark against.

No matter who ends up being stronger, this kind of competition among top players—constantly chasing and continuously pushing breakthroughs—is good for the entire AI industry.

Just as the space race back then ultimately propelled leapfrog advancements in space technology, today’s large-model race is also accelerating technical iterations across the industry.

In the coming years, we may witness one of the most intense technology races in AI history.

#AI #Kimi #Grok #xAI #OpenAI #LLM #ArtificialIntelligence #马斯克

🏆 Spain Return to the Top of the World! Wins the World Cup for the Second Time in 16 Years!
The 2026 Canada–USA–Mexico World Cup final has come to an end.
After a fierce 120-minute battle with Argentina, Spain and Argentina saw a blank draw during regular time. It was only in extra time that Ferran Torres stepped up, scoring the match’s only goal and helping Spain defeat the defending champions 1-0 to secure their second-ever World Cup title.
This is a new golden age for Spanish football.
Compared with the 2010 squad, the “Bullfighters” known for their possession-based style, today’s Spain is younger and more pragmatic. Throughout the tournament, their defense stayed steady and their game control was excellent—when it mattered most, they never faltered.
📊 Spain’s path to qualification this World Cup:
✅ Group Stage
0-0 Cape Verde
4-0 Saudi Arabia
1-0 Uruguay
✅ Knockout Stage
3-0 Austria
1-0 Portugal
2-1 Belgium
2-0 France
1-0 Argentina (after extra time)
Notably, after entering the knockout rounds, Spain kept four straight clean sheets—conceding only once, in the match against Belgium. Both defensively and offensively, they demonstrated champion-level consistency.
For Argentina, reaching the final in two consecutive World Cups is already highly admirable, but this time they couldn’t complete the title defense.
And for Spain, from European Championship winners to World Cup champions—this young team has officially transformed, once again standing on the highest podium in world football.
⚽ 16 years of waiting finally bring the second star.
Did you get in on this one? Anyway, with the World Cup over and liquidity back, once US stock traders return from their holidays, there will most likely be a round of corrective action.
#WorldCup #WorldCup #Spain #西班牙 #Argentina #football #FIFAWorldCup

About Zou Shiming and his wife’s business venture losses of 200 million yuan—I've recently rewatched it, and I have some feelings.

Over the past few days, online discussions have started again about the topic: “Olympic champion Zou Shiming’s entrepreneurship failed, losing a huge amount of wealth.”

One piece of information that surprised me is that Ran Yingying is actually not a “celebrity wife” in the traditional sense.

She was the top student in the Zunyi middle school entrance exam, graduated from the University of International Business and Economics with a degree in economics, and later studied for an MBA at Peking University Guanghua. She also served as a bilingual host for CCTV’s finance and business channel.

From her background, it seems she shouldn’t be unfamiliar with business, finance, and capital markets.

But reality is harsh: understanding finance doesn’t necessarily mean being able to make good investments.

According to what she shared in a previous program, they mainly fell into a few big traps:

First, the heavy-asset boxing gym project.

They built a high-end boxing gym in Shanghai Pudong, covering about 18,000 square meters.

The dream was beautiful—turn boxing into an industrialized, branded business.

But the problem is that this model is essentially a high fixed-cost business. It’s said that daily rent can reach as high as 140,000 yuan, and after opening, it keeps losing about 3 to 4 million yuan every month.

The sports consumption market takes time to develop, and a heavy-asset model is most afraid of cash-flow pressure.

Second, film and television private equity investments.

According to publicly available information, they participated in private equity projects related to Yaolei Pictures, investing about 80 million yuan, and later the project ran into problems.

The court ruled that part of the funds should be compensated, but due to the other party’s asset condition and other factors, execution is difficult.

Third, investments in virtual assets.

Ran Yingying mentioned that between 2021 and 2022, they lost around 40 million yuan trading in cryptocurrencies.

When many athletes and celebrities transition to entrepreneurship, their biggest problem isn’t a lack of resources, but that they easily confuse their personal influence with a business model.

If I were to give advice, I would say: don’t pour your own money into building a heavy-asset boxing gym.

You can leverage the champion’s IP to do brand licensing, build course systems, and operate events—or partner with established fitness chain businesses. A star’s biggest asset is influence, not personally stepping in to take on all the operating risks. In the business world, the most dangerous thing is using the success experience from the field you’re best at to challenge a completely unfamiliar arena. On the ring, you win more through courage; in business, you win more through models, cash flow, and discipline.

Brothers, if you had 200 million, how would you invest it?

“South Korea’s best summer”: 1.2 million accounts blown out, with a staggering loss of 94 quadrillion won

From the “strongest bull market in history” to a full-scale collapse—how long does it take?

South Korea’s stock market answer: less than a month.

On June 22, the KOSPI hit a historic all-time closing high of 9,114.55 points;

then it quickly reversed course. In less than a month, South Korean stocks repeatedly triggered circuit breakers and trading halts, and the index slid about a quarter from its peak.

As of the time of this report, the combined market value of two giants—SK Hynix and Samsung—has already shrunk by 94 quadrillion won, equivalent to 430 trillion yuan.

South Koreans who went on a疯狂 leverage-driven stock trading binge fell from heaven into hell overnight.

According to Reuters, a 24-year-old Korean college student borrowed money to invest. His initial principal of about 10 million won grew to 300 million won, but then during the crash it almost entirely evaporated.

Why do people in South Korea, who go all-in as a society, keep repeating the same cycle?

From the 1999 tech bubble, to the “Donghak ant” hype in 2020, to the 2022 luna coin crash, South Koreans have already gone through several rounds of “everyone going all-in,” driving wealth on a roller coaster.

Over two decades, the “chips” Koreans used to rewrite their fate shifted from tech stocks to blue chips to cryptocurrencies—yet the script stayed the same.

Why do people who went bankrupt in the previous round of losses still line up to join the next wealth-making campaign?

Because for many young South Koreans, the stock market and cryptocurrency are no longer just investment tools—they’re the last remaining class-upgrading channels that haven’t been shut down.

As long as you catch the right windfall opportunity, you can bypass house prices, jobs, and entrenched social immobility, and reach the finish line that takes decades of striving to get to.

Seoul National University professor Choi Jae-won has said: “More and more people now believe that achieving social class mobility through traditional paths is no longer possible; only through speculative assets can this goal be achieved.”

Reports say that among South Korea’s 20–30-year-old leveraged longs, total debt has reached 158.1 trillion won—up 32.9% over five years. And for people in their 20s applying for debt restructuring, the number rose from 10,307 in 2019 to 11,907 in 2021.

When people gamble, winning is more terrifying than losing;

because winning makes you completely forget. The leap in wealth requires accumulation, and hope gets poured endlessly into the next round of wealth myths.

And at the gambling table, there is never a shortage of new “ants” either.

A Korean boy messaged me and said:
“Worst summer since this year.
While everyone around me made a lot of money, I dumped all my savings into the stock market and even used 5x leverage.
In the end, Korean stocks triggered a trading halt and I got liquidated straight away, losing five years’ savings.
The won depreciated by 20%. My coworkers canceled their overseas travel plans, but I can’t even scrape together next week’s rent.
Walking through the streets in Seoul, I saw Korean soccer get eliminated. Suddenly, everyone stopped in the street, crouched down, and burst into tears, holding their heads…
I told him I was so sad, and it felt like I had fallen into humanity’s darkest hour.”
And today (July 13), SK Hynix really dropped by 15.37%!
Over 15% wiped out in a single day—setting the largest one-day decline in history. After a huge jump on its Nasdaq debut, local shares saw violent profit-taking.
Leverage + FOMO + circuit breaker—this AI memory miracle has dragged too many people back to reality.

A Korean guy sent me a message:
“This year has the worst summer.
Everyone around me made money, but only I put my entire life savings into stocks and used leverage 5x.
In the end, the Korean stock crash wiped out all my five years of savings.
The won dropped 20%, and while my coworkers canceled their overseas trips, I might not even be able to pay next week’s monthly rent.
I was walking in Seoul when Korean soccer got eliminated. Suddenly everyone sat down on the roadside, cupped their heads, and cried…
It’s really unbearable. It feels like I’m falling into the darkest moment for human beings.”
And today (July 13), SK Hynix really fell by 15.37%.
It evaporated more than 15% in a single day, recording the biggest drop in history. After listing on Nasdaq, brutal profit-taking poured in from domestic traders.
Leverage + FOMO + circuit breaker. This AI memory myth is pulling way too many people back to reality.
So who should be held responsible for this?
So on July 16, will Winbond Memory feel like it will break support? Why are Chinese stock market investors always like this?
😋💩
Are you not even catching it while it’s still hot?
#SK Hynix #SK하이닉스 #Korean stocks plunge #Hanwha Investment #retail investors’ tears #개미혈세 #AI memory #AI메모리

Big things are coming—will next week replicate Korea’s SK Hynix miracle? 🚀

ChangXin Memory will officially list on the IPO on July 16!

ChangXin is a leading domestic storage-chip company, often referred to as China’s version of SK Hynix. According to its prospectus, customers include ByteDance, Alibaba Cloud, Tencent, and Xiaomi. It holds the world’s fourth-largest position in the storage industry, with a market share of 4–5%. The company’s expected net profit for the first half of 2026 is RMB 50–57 billion, with very strong momentum. Based on current market sentiment, the stock’s listing price is very likely not to be below RMB 1 trillion; it is very likely to target RMB 2 trillion. Early on, the float is small—pushing it to RMB 3 trillion is also not impossible.

How are you planning to get on board? Leaders of the company—do our users have a chance to participate in the IPO? Will your exchange open a subscription channel like it did when SpaceX IPO’d?
@Yi He @CZ

#长鑫存储将开启43亿美元IPO申购 #存储芯片 #打新攻略

⚽📉 The World Cup curse is coming: when football field passion collides with Wall Street K-line charts, could the US stock market in June–July stage a historic level of volatility?
A fascinating historical pattern emerges: during the past 13 World Cups, the US stock market experienced declines in nearly 70% of cases, with an average drop of more than 6%. This isn’t superstition—it’s a classic empirical demonstration in behavioral finance of “limited attention” and “emotional contagion.”
A large number of global fund managers, traders, and analysts are die-hard football fans themselves. Once the event kicks off, their cognitive resources shift almost instantly from macro data and earnings reports to the penalty shootout showdown. The result: global market trading volumes collectively fall by 30%–50%, and liquidity suddenly dries up. When a team loses, negative sentiment quickly propagates through these professional participants’ decision chains, triggering irrational sell-offs. Multiple studies by institutions such as the European Central Bank have already confirmed the existence of this mechanism.
More subtly, the timing overlaps perfectly: the World Cup is scheduled for June–July, aligning flawlessly with the US stock market’s traditional summer lull. Public fund managers take vacations without fail, further amplifying the seasonal effect of “Sell in May and go away,” leaving the market without strong buy-side support.
However, the other side of the pattern is equally worth deep thought: within three months after the World Cup ends, the market often begins a restorative rebound, with an average gain close to 9%, and in some years even higher. This creates a window for value investors to pick up quality assets that were mistakenly sold off amid noise and panic.
At a special turning point in 2026, the World Cup is set to start in mid-June, while mega IPOs such as those by SpaceX may siphon off some liquidity. Meanwhile, the policy shift at the Federal Reserve—from broad-based liquidity injections to more precise “targeted” calibration—is also continuously gathering momentum. With multiple variables converging, US stock market volatility from June to September could rise significantly.
This reminds us: market sentiment is far more fragile than model forecasts—and far more tradable. True alpha often emerges at moments when the crowd is distracted or emotions run to extremes, rather than when everyone’s attention is highly concentrated.
In the face of the upcoming “curse,” will you choose to defend early, or take a contrarian long-term value stance amid the volatility? Share your strategy and positioning logic in the comments—let’s discuss in depth together.
#WorldCupCurse #USStocks #BehavioralFinance #InvestmentStrategy #2026WorldCup #ValueInvesting