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Content 202 · Events 15

CSI 300 Enters Technical Bear Market; STAR 50 and ChiNext Down About 40% in the Second Half

10.22 ·Reported ·Importance III ·Sources 1 ·China

On October 22, the CSI 300 index closed down 1.84%, falling about 20% from its June high and entering a technical bear market; according to Bloomberg, the STAR 50 and ChiNext indices have both fallen about 40% in the second half of the year, and analysts believe the national team may need to buy more and for longer.

Blogger’s Night Market Interviews Show Most Stall Owners Hold University Degrees

10.22 ·Reported ·Importance II ·Sources 1 ·China

A blogger posted a video of interviews at a night market. The stall owners’ fields of study included environmental monitoring, auto repair, finance, preschool education, and garment patternmaking. Netizens commented that the promise of education changing one’s fate had fallen flat.

Netizen Says Monthly Salary Dropped from 4,800 Yuan to 2,800 Yuan, Tearfully Calls Himself a Joke

10.20 ·Reported ·Importance II ·Sources 1 ·China

On October 20, a netizen posted a video sharing the plight of a sharp drop in income, with his monthly salary falling from 4,800 yuan in 2021 to 2,800 yuan now. He mocked himself for having become a joke, and at the end of the video his eyes filled with tears. Many in the comments section said they were unemployed or had been owed wages for months.

In Yunnan, a small-truck owner dumps and crushes fruit on the street under economic pressure

10.15 ·Developing ·Importance III ·Sources 1

According to a Voice of Hope report, on October 15, 2026, in a certain place in Yunnan, the owner of a fruit stall mounted on a small truck, unable to bear the pressure of life due to poor financial circumstances, dumped an entire truckload of fruit onto the road and ran it over with his truck to destroy it. The incident reflects the despair and survival plight of ordinary people at the bottom of society under the current severe economic situation.

Douyin blogger visits Shenzhen's strivers' hostel with 8 beds at 14 yuan a night

10.14 ·Reported ·Importance II ·Sources 1 ·Shenzhen

On October 14, a Douyin blogger posted a video showing a strivers' hostel in Shenzhen that charges 14 yuan per night and has 8 beds. Most of the guests are college graduates looking for work; some have stayed for months, and late at night some guests are still out working and have not returned.

Middle-Aged Netizen Posts Video Crying Over Second Job Loss, Debt and Marital Crisis

10.14 ·Reported ·Importance I ·Sources 1 ·China

On October 14, a middle-aged netizen who was about to lose his job for the second time posted a video saying he was unemployed, in debt, and facing a marital crisis, saying “It’s too hard, I can barely hold on.” Netizens left comments sharing similar situations and encouraging him.

Netizen Posts Bill Showing 2,785.43 Yuan of Shenzhen Social Insurance Paid via Huabei

10.12 ·Reported ·Importance II ·Sources 1 ·Shenzhen

On October 12, a netizen posted a social insurance payment bill showing a payment of 2,785.43 yuan in social insurance fees to the Shenzhen Municipal Tax Bureau via Alipay's Huabei, and said it could be paid in installments; the netizen also found that records of paying social insurance via Huabei in Shenzhen, Guangxi, Jingdezhen and other places had existed since 2022.

Douyin blogger posts animation of a mole getting beaten to support its family, garnering 170,000 likes

10.11 ·Reported ·Importance I ·Sources 1 ·China

On October 11, a Douyin blogger posted an animation in which a mole gets beaten in a whack-a-mole machine to earn money and support its family, with the caption "the pillar of the family, the offcut of society." The video received more than 170,000 likes and over 60,000 shares, and netizens in the comments section left messages mocking themselves.

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