gtja: Cloud applications and terminal asia vets drive industrial upgrades; AI track companies are welcoming significant development opportunities.
Tai Jun An released a research report stating that with the acceleration of AI application processes and the continuous emergence of scenario implementation cases, coupled with the dual drive of cloud applications and asia vets for industrial upgrades, companies in the AI track are ushering in important development opportunities.
EV Sales Slow As Consumers Grow Weary Over High Costs, Charging NeedsHybrid Cars Have Outperformed Expectations Originally Set for EVs in 2024
Market Chatter: Qualcomm, MediaTek May Lose Xiaomi Sales as Chinese Firm Prepares In-House Mobile Chip
Apple iOS to Pick up Pace Vs Android in 2025 After Modest Smartphone Growth in 2024: IDC
Express News | Shipments of Foreign Branded Phones Including Apple Iphones Within China Down 55.75% Y/Y at 6.22 Million Handsets in Oct - Reuters Calculations Based on Caict Data
Express News | Shipments of Smartphones Within China up 1.8% Y/Y at 29.67 Million Handsets in Oct - Caict
QUALCOMM (QCOM) Faces New Competition as Xiaomi Enters AI Chip Market
[Hong Kong Stock Connect] Xiaomi (01810) officially laid the foundation for its first asia vets home appliance factory in wuhan.
Kingnet Financial News | Lei Jun, partner and president of Xiaomi Group (01810), president of the phone department, announced on Weibo that Xiaomi's first asia vets home appliance factory officially started construction in wuhan today. Lei Jun stated that this is another large asia vets factory for Xiaomi after the "Xiaomi Smartphone Smart Factory" and "Xiaomi autos Factory". According to the pictures released by Lei Jun, the Xiaomi asia vets home appliance factory is located in wuhan east lake high technology group, covering an area of 751 acres, and is expected to achieve mass production in 2026.
[Hong Kong Stock Connect] Xiaomi Group (01810) reportedly to develop its own chips, expected to start mass production in 2025.
King Wu Financial News | Xiaomi Group (01810) stock price is under pressure, staying at a low level in the afternoon, as of the time of publication, trading at HKD 27.25, down 4.05%, with a turnover of 3.353 billion Hong Kong dollars. Reports suggest that Xiaomi Group is preparing a self-designed mobile processor for its upcoming smart phone to reduce its reliance on overseas suppliers Qualcomm and MediaTek. The report indicates that this self-designed chip is expected to begin mass production in 2025.
Express News | Xiaomi Readies Own Mobile Chip, Pressuring Mediatek and Qualcomm - Bloomberg News
[Special Contributing Author] Option Jack: alibaba's bottom is emerging.
Jinwu Financial News | On Monday (November 25), as there is hope for a ceasefire agreement in the Middle East, oil prices and gold futures dropped immediately after the market opened, while futures for the three major U.S. stock indexes surged. Trump's nomination of hedge fund manager Scott Bessent for the position of Secretary of the Treasury is believed to ease China-U.S. trade negotiations. The Hang Seng Index night futures rose; in the early trading of the U.S. market, the Dow Jones rose over 500 points, reaching a new historical high of 44815 points. The S&P 500 had previously risen by 0.9%, and the Nasdaq 100 (NDX) opened with an increase of over 200 points, but later fell as NVDA and TSLA experienced a top reversal.
The Xiaomi ceiling-level automatic parking also crashed.
Hold the safety bottom line.
Under the dual pressures of 'price wars' and electrification transformation, this year will see 4,000 4S stores close down. Traditional dealers are 'abandoning' rbob gasoline vehicles and embracing new energy.
① The deputy secretary-general of the China Automobile Dealers Association, Lang Xuehong, recently predicted that the number of 4S stores expected to withdraw from the market this year will reach 4,000. ② In the past year, more than 40 traditional luxury brand dealers have chosen to switch to Nio. ③ Zhongsheng Hldg announced that it has signed a preliminary agreement with Chongqing Sokon Industry Group Stock, and both parties agree to further negotiate on the cooperative distribution of new energy fund.
Niu Sen openly challenges Trump: If you cancel electric vehicle subsidies, California will pay for it themselves.
① Newsom stated that if the Trump administration cancels the federal tax credit, California will restart its own subsidy program; ② According to the latest data, the total number of zero-emission autos sold in California has exceeded 2 million; ③ During Trump's first term, a dispute occurred with Newsom regarding automobile emission standards.
Apple's $100M Investment Offer to Get iPhone 16 Ban Lifted, Seen as Unfair by Indonesian Government - Report
Xiaomi's Earnings Look Promising in Near Term -- Market Talk
Kingsoft Cloud Rises After Nomura Upgrades on AI and Xiaomi Ecosystem Demand
Express News | Vivo Was the Top Vendor With a Share of 19.2%, Followed by Huawei, Xiaomi With 16.4% and 15.6% Share
[Brokerage Focus] Huaan maintains a "buy" rating on Xiaomi (01810) and expects its Q4 autos gross margin to continue to improve quarter-on-quarter.
Jingwu Financial News | huaan Securities released a research report, in the third quarter, Xiaomi (01810) revenue was 92.5 billion yuan, yoy +30.5%, exceeding expectations by 2.5%; GAAP operating profit reached 6.04 billion yuan, exceeding expectations by 17.7%; adjusted net income was 6.25 billion yuan, exceeding expectations by 5.8%; the bank pointed out that Xiaomi's autos business gross margin reached 17.1%, a significant increase from the previous quarter, higher than the BBG consensus expectation of 12.1%. The continuous optimization of autos gross margin is due to the continuous increase in production capacity utilization rate, with economies of scale becoming evident. In October this year, Xiaomi's Su7 deliveries exceeded 0.02 million.
Cui Dongshu: Maintaining growth is not enough to rely solely on trade-in incentives. Tax incentives for car purchases are needed to stimulate first-time buyers to purchase cars.
Currently, the good effects of the trade-in policy bring a strong year-end momentum. However, this rush will lead to greater pressure on consumer activity in early 2025. Therefore, in early 2025, a strong counterforce is needed to offset the pressure of a weaker consumer year. Thus, relying solely on trade-in for stable growth in 2025 is insufficient; tax benefits on vehicle purchases are necessary to encourage first-time buyers to purchase vehicles.
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