Xiaomi EV Says SU7 Deliveries Exceed 130,000, Meets Adjusted Full-year Target
Capital trends | Northbound capital heavily purchased Hong Kong stocks for nearly 8.5 billion Hong Kong dollars, significantly increasing positions in Semiconductor Manufacturing International Corporation by nearly 1.4 billion Hong Kong dollars.
Track the latest dynamics of southbound capital.
Hong Kong stock market closing review: The Hang Seng TECH Index rose by 0.69%, with significant gains in semiconductor and Defense stocks, and Xiaomi's share price approaching historical highs.
The Hang Seng Index slightly dropped by 0.04%, while the National Index rose by 0.02%.
[Hong Kong Stock Connect] Xiaomi Group (01810) rose by 5.19%, reportedly increasing investment to develop AI large models.
Jingwu Financial News | Xiaomi Group (01810) has fluctuated and strengthened, as of the time of writing, up 5.19%, reported at HKD 34.45, with a transaction value of HKD 6.769 billion. In news, according to media reports, Xiaomi Group is strengthening the development of its own AI large model, currently deploying a GPU cluster of ten thousand cards, significantly increased from about 6,500 GPUs when its large model team was established. The report cited informed sources indicating that Xiaomi started promoting this plan several months ago, led by Group Director Lei Jun. Additionally, there were earlier reports that Lei Jun personally invested heavily in recruiting a key figure from DeepSeek for the open-source large model DeepSeek-V2.
Hong Kong Stock Afternoon Review | Hang Seng Index rose 0.12% in the morning session as market funds flocked to the domestic chip Sector.
The International Semiconductors Industry Association (SEMI) has once again raised its forecast for the 2024 Global chip equipment sales.
Electric Vehicle companies started off positively, with ideal Autos (02015) rising by 4.65%. Institutions state that recent Consumer purchases have shown strong growth.
Jinwu Financial News | Electric Vehicle companies are showing positive trends at the beginning of trading. As of the time of publication, Li Auto (02015) is up 4.65%, Xiaomi Group (01810) is up 4.58%, NIO (09866) is up 3.69%, BRILLIANCE CHI (01114) is up 3.47%, and Guangzhou Automobile Group (02238) is up 1.75%. In terms of news, on December 25, the Passenger Car Association released data showing that from December 1-22, the retail sales of the passenger vehicle market reached 1.692 million units, a 25% increase compared to the same period last December, and a 14% increase compared to the previous month; the cumulative retail sales this year have reached 21.95 million units, showing year-on-year growth.
Hong Kong stocks movement | Kingsoft Cloud (03896) rose over 12% in the morning, reports state that Xiaomi is building a GPU cluster of 10,000 cards, and the company benefits from the demand from Xiaomi and Kingsoft's ecosystem increasing.
Kingsoft Cloud (03896) rose over 12% in early trading, as of the time of writing, up 12.31%, priced at 5.2 Hong Kong dollars, with a turnover of 62.2157 million Hong Kong dollars.
2025 Auto Industry Outlook: How to Play Auto Market in New Year
Lei Jun launches a fierce attack on AI large models.
Accelerate the implementation of scenarios.
Xiaomi Gains Access to EV Chargers of NIO, XPeng, Li Auto
After building cars, will we create 'humans'? Over ten car companies are laying out plans, has it become a necessary option in the AI era?
① The Chairman of Ideal Automobile, Li Xiang, responded to whether there will be humanoid robots, stating that the probability is definitely 100%, but the timing is not now; ② Apart from Tesla, Chinese brands including BYD, Guangzhou Automobile Group, Chery Automobile, Xiaomi, Chongqing Sokon Industry Group Stock, Xpeng Motors, SAIC Motor, Chongqing Changan Automobile, and Dongfeng Automobile are all involved in the field of humanoid robots.
Thinking of Buying an EV? You Might Want to Move Quickly | CNN Business
Electric Vehicle companies are also "breaking down walls"! Xiaomi Autos are connecting to the "Weixiaoli" charging network.
① Xiaomi Autos has reached a Charging Station sharing cooperation with "Weixiaoli", but will still build its own Charging Stations later. ② The charging service market is gradually maturing and improving, but latecomer Electric Vehicle brands outside of Xiaomi Autos will still choose to build their own Charging Stations.
Xiaomi EV Officially Announces Tie-ups With Nio, Xpeng on Charging Network
Weight-loss Drugs in 2025, Auto Industry Outlook: Market Domination
Bank stocks have surged for several consecutive days, and the Hang Seng Index has recovered to 20,000 points. Bullish Signals from the fiscal side are favorable for the continuation of the rebound | Hong Kong stock barometer.
① The Hang Seng Index stands above the 20,000-point mark; why is it so strong in the short term? ② The fiscal side releases Bullish Signals; can it help sustain the rebound?
Nvidia's Advanced AI Tech Powers Olympian Motors' New Electric Vehicle Platform
2024 Year-End Review | Honda and Nissan Merger, Volkswagen "Internal Slimming" Global Car Market Faces Layoffs and Factory Closures Frenzy.
On December 23, Honda Motor and Nissan Motor jointly announced that they have signed a memorandum of understanding regarding a merger, which will officially initiate merger negotiations; Previously, Volkswagen issued a statement that it would reduce more than 0.035 million employees at its German factories by 2030; According to incomplete Statistics by reporters, in just a few months approaching the end of the year, nearly 10 companies in the Global automotive Industry are experiencing painful layoffs or have already made corresponding decisions.
CICC: It is recommended to focus on investment opportunities in terminal Hardware, Bullish on the volume growth of AI glasses, recommend AAC TECH.
CICC released a research report stating that ByteDance will hold the 2024 Winter Power Conference on December 18-19, showcasing the company's comprehensive layout in edge AI models, applications, terminals, and computing power. The firm believes that ByteDance's AI layout demonstrates a bullish outlook on the edge AI ecosystem. Looking ahead to 2025, the firm determines that domestic edge AI, centered around mobile phones and wearables, will enter a phase of blossoming diversification and recommends paying attention to investment opportunities in terminal hardware.
【Special Contributor】Deng Shengxing: The market is concerned that the Federal Reserve will pause interest rate cuts in January next year, resulting in a quiet market transaction.
King Wo Financial News | The Hang Seng Index closed at 19,864 on Wednesday (18th), up 164 points or 0.83%. The total market turnover for the day was 107.5 billion yuan. The National Index closed at 7,180, up 75 points or 1.1%. The Technology Index rose by 79 points or 1.8%, closing at 4,468. Secondary Technology stocks in the 'Hong Kong Stock Connect' have fallen again, with Suten Technology (02498) surging 18%; Crystal Technology Holdings (02228) skyrocketed nearly 30%; Chinese telecommunication stocks continue to be in demand, with Unicom (00762) reaching a two-month high, closing up 1.6% for three consecutive rises; The Dow Jones closed at 42,326 points on Wednesday (18th), down 1,123 points or 2.
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