The shocking, untold secrets of the Chinese stock market!! Huawei's latest harvest has left the Little Pinks devastated, wailing and crying! 77 Talk 'Refreshing 772' 20260918

This episode compares the IPO and delisting data of the Chinese and U.S. stock markets in recent years, pointing out that severe internal problems exist within the Chinese economy. At the same time, the program focuses on the sudden split between Huawei and Seres' Aito brand, which has triggered a series of controversies and social repercussions, including the depreciation of used cars for owners, concerns over in-car systems and quality, after-sales rights defense, and the wage treatment of outsourced workers.

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Hello everyone, welcome to Qiqi Babah, I'm Qiqi. Today, I first want to show you something—a friend inside the Great Firewall discovered a small difference and detail, a distinction between the world inside the wall and the world outside. They compared many countries, let's take a look together. Today I suddenly saw data that shocked me so much, and I was worried that if I shared this, my followers might think I'm very superficial, but I still decided to share it, it's really necessary. Over the past couple of days, I've been reading this book, about two-thirds through it, a super popular book. Oh my god, I must read this paragraph to you word for word. From 1975 to 2012, a 38-year period, the United States had a total of 15,922 IPO companies and 17,303 delistings. That means on average, the annual number of IPOs was 419, and delistings were 455—there were actually more delistings. I knew before that old-school capitalism is a mature market, but as to just how mature they really are, I simply didn't have an intuitive impression or understanding of it. Well, after seeing this data just now, I was extremely shocked, and I started thinking: what about us? Aren't you curious about what our numbers are? Fortunately, now with AI, checking data is very convenient. We have a cumulative total of 5,898 listed companies and 357 delistings. This gap is a bit too big, isn't it? Then I became even more curious: is it because of this mechanism, which is unique in the world, that the U.S. stock market is so globally dominant? Thinking of this, I checked the data again, and then I checked how many companies were listed and delisted in these countries over the past 20 years. Come on, look at the table: the U.S. listed over 4,000 and delisted over 7,000; in Japan, delistings outnumbered listings, I won't even mention that; the UK delisted 1,600 and listed 750; Singapore also had more delistings; France—oh my, my head is buzzing. I feel like in mature markets, I am still over-allocated, over-allocated. I really need to reconsider. Friends can see the difference between regions with economic vitality and those without, specifically the speed of turnover. And the most outrageous part is that China keeps claiming Europe is in decline, and everyone's perception is that Europe's economy, right, is completely collapsing. But even when looking at it under such circumstances, through this phenomenon we can see an essence: no matter how top-notch the Chinese Communist Party (CCP) tries to fake the entire Chinese economy or state, the fact is that it is going to collapse, or rather, its interior has actually long since rotted into huge holes.

After waiting 8 weeks to buy a car, and having it for less than a month, the collapse of Huawei Seres has arrived. Wenjian, your wings have grown tough, haven't they? I heard you're planning to break away from Huawei, is that true? So this Wenjian M9 I just bought for 700,000, and it hasn't even been on the road for a month yet, haven't I become a massive sucker? This definitely won't do. What should I do, brothers? I just took delivery of a Wenjie M7, and Huawei and Seres are splitting up. What should I do? Bro, this is a good thing, why are you crying? Let me tell you, if you have any problems in the future, just tell us and we'll dare to help you. We aren't afraid anymore. Besides, what were you thinking when you bought it in the first place? Were you buying it for the in-car operating system? Was it for the smart driving setup? Now that they are splitting up, are they going to strip these things away from you? If they dare to take those away from you, you're in the right, so what are you afraid of? Tell us, and we'll dare to help you. Hello, this is Wenjie, and it really is Seres, but we don't sell trucks here. Hello, this is Wenjie, we really are far ahead, leading by the same 50% of households, and still leading with an obvious lead, not just leading by a little bit—what do you want a ringtone for? Hello, this is Wenjie, our Huawei in-car system is always in the first tier, and the one specifically tested is Seres, regardless of whether we are... Hello, this is Wenjie, just buy it and don't ask so many cheap questions. What's going on? After sleeping for a while and waking up, everyone is saying my car is no longer a Huawei Wenjie, and is called some kind of Dongfeng Sokon Wenjie. The Wenjie M9 is the number one value-retention pure electric car in China. A friend asked in the livestream: Mr. Yu, what is the current value-retention rate of the Wenjie M9 like? The value-retention rate of the Wenjie M9 can truly be said to be number one, the number one value-retention rate among Chinese pure electric cars. This is it. Boss, do you buy used cars? Wenjie? Yes, the M9, I took two and they were fully equipped. This car simply won't sell. There has to be a price, right? This car, no one even dares to take it. When I bought you, you were called HarmonyOS Intelligent Driving Huawei. Great, once bought, the whole package is activated, what smart driving package is also activated, the ETC interior debt is also activated, and now you are changing and betraying to Seres? Then you've basically made me spend 700,000 to buy a scrapped car. Well, as the old saying goes, brands that don't last the first half of the year are all liars. The old man's exclusive king phone, page one, page two, page three, page four, page five, page six, page seven, page eight, page nine, ten, eleven, twelve, thirteen, fourteen, fifteen, sixteen, seventeen, eighteen... wait, seventeen isn't seventeen, look at this, look at this, look at this, oh mother, this, this, um, this is a fault report, this is just a partial fault report, the others they refused to print out for us, they only printed up to here, which means the previous ones couldn't be printed or something. This car of ours has had its air conditioning compressor replaced multiple times. This old Seres feels a bit special. Some domestic phones just take other people's parts, grind off other people's logos, and assemble them piece by piece without any core technology. Their core technology is talking about advertisements—the more ads they talk about, the better, brothers, even the sky has been talked about. I took delivery of the car yesterday afternoon, and heard that Seres and Huawei are splitting up, or maybe it's not called splitting up, it's called breaking up the family. I took delivery of my car yesterday, brothers, and when I was taking delivery yesterday, I was still saying, I said this car sells for a lot, mine cost 580,000 on the road. Without Huawei's blessing, without Huawei's brand premium, do you guys think this car is still worth 580,000? If there was a car called the Sokon M8 or Sokon M9, selling for 500,000, and telling you it's the best car under 10 million, would you still buy it? What kind of testing are they doing here? Would you dare believe this? If you hadn't seen it with your own eyes, you completely wouldn't believe that they could actually test like this, right? Can you imagine what kind of explosive effect there will be after they edit this footage, and how many people will be fooled into believing it, going out to buy such a product, and then entrusting their own lives and safety to such a so-called high-tech product? To lie so brazenly, to fabricate things so completely without lower limits, frankly speaking, has really never happened before. People who used to do automotive public relations simply wouldn't do this kind of thing.

You snatched it from me once, I'm telling you. This is the old battery I replaced, and I wanted to shoot a video asking about the safest way to handle a battery. Then the after-sales expert rushed right up, snatched my phone, opened my photo album, and deleted the photos in my album. I only have one phone, and in photo mode, it didn't record how it was snatched. Then after a short while, the new battery came, and it snatched my phone again—it almost got taken away. I want to ask, since this is supposed to be a high-end new energy vehicle brand, are the qualities really this terrible? We don't understand much, so we are asking you: where is the artificially punctured part of the screen, and why is it so afraid of seeing the light of day? As a consumer, I ask you: what is the reason for your forced collective protection? You forced collective protection and claimed that the screen was artificially punctured by the consumer, a screen recording of it being artificially punctured. Then tell us, where are the traces of artificial puncture? Where are the traces of artificial puncture? I asked you to answer me, but instead you told me to turn off the recording before you would speak. As an owner of a 2025 Model M9, after watching this news today, I am truly heartbroken. In the car owner group, I directly started expressing my thoughts; I am simply speechless. I said multiple times, I said that's right now, that's right now, because I am extremely heartbroken over why two partners who could share hardships during difficult times—just when things were getting a little better, when life was just starting to get a little better—have reached this point. I truly cannot understand it. I can actually see with my naked eyes that for Huawei, originally a layout of five worlds, now one world wants to break away independently, and no matter how much you try to keep it, you can't. It gave him the best things, but it just couldn't keep him. Under the circumstance that you can't keep him, even though you feel that after this child flies away, you can only watch him fall and break his wings, you can only do that. Why? Because if you allow him to grow strong as an independent entity, you won't be able to keep the other four children either.

Just now, I was driving the Aito on the Zhuyong Expressway, and now I am parked at that Yongjia Service Area. Just 10 minutes ago on the Zhuyong Expressway, the wipers suddenly stopped. It was raining heavily outside, and then they stopped moving when I sprayed wiper fluid. Then, no matter how I moved the switch back and forth, they wouldn't move, and then the autonomous driving suddenly kicked me out, saying the wipers made the road unclear and asking me to take over manually. How am I supposed to take over? I hurriedly turned on the hazard lights, carefully pulled over to the side—luckily on the Zhuyong Expressway, traffic wasn't heavy—and finally pulled over. I forced a system power-down, and then restarted it before it went back to normal. Now parked at the Yongjia Service Area, I don't even dare to drive anymore. There is only me alone in the whole car. If this caused a car accident and I kicked the bucket, my whole family wouldn't even know how I died. Seres makes good cars, Seres—I wish it were Seres' M1. And this accessory, the oil cooler, oil line, they make these parts themselves and don't even know what they are used for, seriously. It carries water—this is a fucking water pipe. If you're going to manufacture parts, at least make them right. Brothers going to work at Seres, listen to me first: today I'm being honest, all the Seres outsourcing workers shouldn't go if they aren't going; don't listen to whatever BS the middle school recruiters tell you about 7,000 or 8,000 RMB a month, good benefits, and great conditions. These are all traps. Take our wages for example, the outsourced wage at Seres is 21 to 22 RMB an hour, the starting conditions are okay right? Not bad-sounding, right? Working overtime every day, you only get a little over 5,000, maybe 6,000. Look at my shouting for two years, look at my shouting for a car worth over 500,000 RMB, look at my shouting for a car worth over 500,000 RMB. Everyone guess what car it is. This place is the Ideal delivery center in Zhengzhou Economic and Technological Development Zone, and we L8 launch owners are here to defend our rights. Now we have already hung up the banners. In July 2024, a Harmony Intelligent Mobility Alliance M9 came out. On March 17, 2026, in the afternoon, the three of us were driving out near Hexi Road in Yuexi, Anhui. It was drizzling and the road surface was slippery. When the accident happened, we were going at about 132 kilometers per hour. We were not driving under the influence or fatigued. The accident happened because the car lost control due to the slippery rainy road, resulting in a serious traffic accident. At the scene, there were consecutive... there were consecutive... at the scene, there were three consecutive impacts. Everyone can check the video of the scene. This traffic... this heartbreaking traffic accident resulted in two minor injuries and one severe injury. Due to a fracture of the fifth cervical vertebra, the severely injured patient is already paralyzed from the chest down.

That's right, exactly. Huawei suddenly severed ties with the automobile brand AITO overnight. Now, in the second-hand market, everyone has temporarily suspended accepting this model—people won't accept cars from this brand anymore. Because as we know, how did AITO sell its cars before? It relied entirely on the name "Huawei" to get patriotic fans, or people who think Huawei's technology is advanced and trusted it, to buy them, right? Once separated from the name "Huawei," nobody would actually pay for AITO's own cars anymore, let alone at such an expensive price like over 500,000 yuan. With that kind of money, what kind of car couldn't you buy? Therefore, people are quite reluctant. And then, the split happened overnight, and now the entire internet is howling in grief over this, especially AITO car owners. But I can only say, the moment you chose Huawei, wasn't this ending already doomed?