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- 🟠 AI is eating entry-level jobs in Asia
🟠 AI is eating entry-level jobs in Asia
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☕️ Good morning, friends,
We always thought alcohol was crisis-proof — but not in China.
Baijiu, China’s infamous 50% liquor, is losing popularity. Government austerity measures and a new drinking culture are prompting producers to launch milder versions aimed at younger audiences.
🍶 Baijiu is now for dates, not deals.
P.S. We’re looking for interns! If you think you can write strong copy without a shot of liquor, reply to this email with a short application.
📢 Highlights: In Shanghai, the Composite Index briefly topped the 4,000 mark for the first time since 2015, driven by signals of a US-China framework deal and Beijing’s policy agenda on technology, innovation, and green transformation.
💹 Stocks in focus: SK Hynix (+2.6%) set new records with ₩11.4T (~US$8B) in operating profit and ₩24.4T (~US$17.3B) in Q3 revenue (+39% vs. Q2). SK Hynix shares are up 200% this year, far outpacing Samsung’s +87% and the KOSPI’s +67%.
Do you currently hold Asian stocks in your portfolio? |
TOP BIT
🎓 The AI dilemma: destroying and creating jobs
Without human intelligence, even dog walking won’t get done…
In Hong Kong, entry-level salaries for graduates have dropped for the first time since 2018. Many spend months looking for their first job. Meanwhile, companies across Asia (and worldwide) are desperately hunting for AI and robotics talent.
The AI revolution is creating a dilemma for job seekers.
The Details
💼 Downward trend for graduates: Entry-level employees in Hong Kong now earn less than …