☕️ Good morning, friends,

Business idea of the week: A woman in China is selling her fingernails online for about US$21 per kilo (used, like new). Product photo here.

Traditional Chinese medicine claims human fingernails have detoxifying effects.

So hey — nail biting finally makes sense!

Have a great weekend!

MARKETS

Highlights

🚀 Zijin tops US$100 billion, Chery races into market debut, Naver eyes on crypto

Zijin Mining rose 5.6% in Hong Kong and for the first time crossed the US$100 billion mark in Shanghai. That puts China’s biggest gold and copper producer in the same league as Rio Tinto and BHP. The surge comes on the back of record gold prices and strong copper markets.

Chery Automobile jumped 10.4% on its trading debut. The ceremony was canceled due to typhoon Ragasa, but investors celebrated anyway.

In Seoul, Naver (+11.4%) jumped double digits on takeover talks with Upbit operator Dunamu — a potential mega-deal for Korea’s tech and crypto scene.

TOP BIT

🛣️ Next stop: Europe, ETA 2027

Xiaomi is getting serious about EVs in Europe. Starting in 2027, it plans to launch its own showrooms; local production is “likely later,” VP Xu Fei told CNBC. At the same time, the company is expanding its European base with a new R&D and design center in Munich.

The Details

🚗 Launch 2027: The team scouted locations in June and is now searching for showrooms. Sales will focus on adapted versions of the …