1、Shanghai mutual fund decoration office: continue to carry out on-site inspection on P2P online loan platform

Shanghai city Internet financial risk special remedial leading group office specially learned that in the next stage, Shanghai will be in accordance with the unified national Internet financial risks rectification work deployment, in combination with the practical situation of city, adhere to the legal compliance, sorting, processing, insist on problem-oriented, strict standards, adhere to actively and steadily advancing, continue to conduct on-site inspection of P2P online lending platform, support legal P2P online platform for compliance, standardize the healthy development of the Internet financial institutions.

2、Alibaba and tencent plan to participate in the WPP group

Alibaba, tencent and the China cultural industry investment fund are interested in acquiring 20 per cent of WPP's China business, the world's largest advertising and communications group, which is valued at about $2bn - $2.5bn.

3、The response of Bilibili was criticized by CCTV :We suspect video with bad content

Recently, CCTV's news channel criticized Bilibili for storing content, even including "sibling love".”We attach great importance to the report and have released video with suspected objectionable content and initiated the review, which will further strengthen the user feedback mechanism,” Bilibili responded.In order to better cooperate with relevant departments to rectify the work, the content of Bilibili will be thoroughly investigated from now on.

4、Suning officially inbound region block domain links 

Suning officially released its white paper 0x1b0e3 yesterday. Technical director 0xecbbc r&d center is in suning cloud area. 0xecbbc platform will support alliance chain and private chain business. The point-application APP will be available by August 18.The platform has supported suning's application of blacklisting, letter of credit, commodity traceability and integral application, and is now expanding its application scope, aiming to apply blockchain technology in scenarios involving personal and social credit management and cost enhancement. 

5、Amazon and other big U.S. companies lobbied the government to scrap the tariff increase plan.

According to foreign media reports, the United States, which is home to major companies such as amazon, Toyota motor corporation (North America) and Alcoa, is working to eliminate government tariffs and the impact of trump's policies on tariffs and prevent new tariffs from emerging. 

6、P2P events and more than 10,000 investors, low-income earners

According to a report released by netlink Tianyan in July 2018, the current investment quota of the top 50 platforms is less than 210,000 yuan per capita, of which 5 are platforms with an average investment of more than 100,000 yuan per capita and the per capita investment is higher than 100,000 yuan. A total of 11 companies with total investment of more than 10,000 yuan and 7 platforms with per capita investment of less than 15,000 yuan. Among investors in online lending platforms are urban wage earners, those with spare cash in hand, and small and micro business owners.