☕️ Good morning, friends,

China’s coffee startups have tried many things, and once again there is a new trend in the category of “nobody needs this, but everyone talks about it.”

A museum in Beijing is selling a cup of coffee for about 6 USD, topped with ground cockroaches and dried mealworms.

It is part of a new insect drink series. All ingredients come from a traditional Chinese medicine pharmacy, “so absolutely safe,” as the operator says.

China stays creative. We stay confused.

Highlights: The Nikkei pulled its biggest belly-flop in seven months. A broad tech selloff after Wall Street’s slide dragged Hong Kong, Shanghai, Singapore and Seoul down with it. Everyone is nervously eyeing Nvidia’s upcoming earnings — if the AI king even sneezes, the whole market might catch a cold.

TOP BIT

🛍️ LVMH boss suddenly shops for Chinese brands

For Bernard Arnault, head of LVMH and one of the world’s wealthiest individuals, trips to Shanghai are normally routine. But during his latest visit, he stopped at small boutiques and bought …