Floating the cursor over it, right clicking it etc. causes the hourglass pointer to appear, and sit there for a couple of minutes. The desktop directory also has an entry, same "chinese", proclaiming to be a zero size file, (not "shortcut"), which also shows the abherent behaviour if you try to investigate it. Avast scans the directory without issue.
This morning, I downloaded the new version without incident.
Edited by adrianxw, 04 July 2012 - 11:30 AM.