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Due to malicious layoffs and stock option cancellation disputes under its VIE structure, Xiaohongshu may see its Hong Kong IPO process affected, resulting in significant discounts in valuation and delays in listing timeline.
Over 47,000 Samsung Electronics workers are planning an 18-day strike after bonus negotiations collapsed, potentially disrupting memory chip production amid ongoing shortages.
About 48,000 Samsung Electronics employees are about to strike. The union demands removing the bonus cap and increasing profit sharing. The company proposes a one-time bonus of $340,000 per person but keeping the cap unchanged.