【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.
XIAOMI-W (01810) will issue 0.118 billion shares according to the share plan.
XIAOMI-W (01810) announced that on December 18, 2024, the company will... according to the share plan.
Market Chatter: China's Wrist-Worn Devices Sales Grow 20%, Defying Global Decline
Zhongyin International's Technology Outlook for 2025: The recovery of terminal demand continues, and innovation in endpoint AI accelerates.
Looking ahead to 2025, considering the moderate recovery of the Global economy, the continued warming of demand for mobile phones/PCs, the ongoing growth of Universal/AI Servers, and the innovation cycle of edge AI, it is expected that the Technology Sector will maintain high prosperity in 2025.
【Brokerage Focus】Huaxi gives Xiaomi Group (01810) an initial "Shareholding" rating, expecting the home appliance business to potentially expand into Southeast Asia.
Jinwu Financial News | Huaxi Securities released a Research Report stating that according to Financial界, the National Intellectual Property Administration information shows that Peking Xiaomi Mobile Programme Co., Ltd. has obtained a patent named "Supporting Components and Refrigerator," with authorization announcement number CN222143462U, and the application date is December 2023. According to the Cold Chain Network public account, GSMChina reported that Xiaomi confirmed it will launch a global home appliance market expansion plan next year, initially focusing on the Southeast Asia region, which includes countries like Thailand and Malaysia. The report indicates that according to Xiaomi Group (01810) announcement, in the third quarter of 2024, Xiaomi hand...
[Hong Kong Stock Connect] Xiaomi Group (01810) rises nearly 3%. Institutions point out that Xiaomi's home appliances are expected to break through overseas markets through channels and brand recognition related to smartphones.
Kingwo Financial News | Xiaomi Group (01810) stock price fluctuated upward, rising 2.84% as of the time of writing, reported at 30.8 Hong Kong dollars, with a transaction volume of 1.774 billion Hong Kong dollars. Huaxi Securities stated that according to Xiaomi Group's announcement, in the third quarter of 2024, Xiaomi smartphones have entered the top three in terms of market share in multiple regions globally, while the share in Africa and Southeast Asia continues to increase year-on-year, reflecting Consumer recognition of the Xiaomi brand and product approval. The firm believes that Xiaomi's home appliances are expected to leverage the channels and brand recognition of its globally leading businesses such as smartphones to achieve breakthroughs in overseas markets. The firm forecasts the company's revenue for 2024-2026.
In 2024, Hong Kong stocks: The Hang Seng Index reached a new high in nearly four years, and the net Inflow of southbound funds exceeded 700 billion.
① How does the overall trend of the Hong Kong stock market perform in 2024? ② What role does southbound capital play in the Hong Kong stock market in 2024? ③ What is the perspective of Institutions for 2025?
Xiaomi an Attractive Bet on Strong EV Business Growth -- Market Talk
Xiaomi Started at Buy by Deutsche Bank >1810.HK
Morgan Stanley: Reiterates KINGSOFT 'Shareholding' rating, raises Target Price to 41 Hong Kong dollars.
Morgan Stanley released a research report stating that it believes KINGSOFT's (03888) gaming business is performing strongly, and the renewed partnership between Kingsoft Cloud and Xiaomi brings considerable upward potential for market expectations regarding KINGSOFT. The firm reiterated its 'Shareholding' rating on KINGSOFT and raised the Target Price from HKD 36 to HKD 41. Morgan Stanley pointed out that gaming and cloud services collaboratively boost earnings estimates, raising KINGSOFT's earnings per share forecasts for 2025 and 2026 by 6%, which are 16% and 18% higher than market predictions, respectively, considering the current PE prediction of 17 times for 2025 to be attractive.
Trump Transition Team Proposes EV Policy Rollback
Xiaomi will be able to self-develop and manufacture Air Conditioners next year, with bids for related projects for large smart appliances underway.
Sina Technology reported on the evening of December 16 that Wang Hua, the head of Xiaomi Group's public relations department, stated: "Everyone knows that our major appliance factory has already started construction, and next year we will be able to independently research and produce Xiaomi Air Conditioners." According to information from Qichacha, there is currently a procurement announcement for the Xiaomi Asia Vets major appliance 10kV Ge 607 Miaoling Line Peng Li Branch Line external hazard elimination project (design), and the Wuhan city Henry Hub Natural Gas high-pressure outer ring pipeline relocation project (Xiaomi Asia Vets major appliance site) is in the bidding process. (Luo Ning)
Express News | Idc: Expects China's Smartphone Shipments to Reach 289 Mln by 2025, up 1.6% Y/Y
Deutsche Bank strongly promotes Xiaomi: After the Autos Business succeeds in going from zero to one, there will be exponential growth!
Deutsche Bank believes that new products, market segmentation, stores, and production capacity will bring exponential growth to Xiaomi's Autos Business. It is expected that by 2027, the gross margin of Xiaomi's electric vehicle business will reach 25%, contributing 45.5% and 42% to overall gross profit and pretax profit respectively, with sales reaching 1 million units, making it the largest business segment of the group. Deutsche Bank has given Xiaomi a "Buy" rating for the first time and raised its Target Price to HKD 43.
[Brokerage Focus] CCB International points out that the AI computing power Industry Chain is developing vigorously and expects the Technology Industry Chain to usher in a new round of development opportunities.
Jinwu Financial News | Zhaoyin International releases the 2025 outlook for China's Technology Industry, reviewing 2023-2024, where the AI computing power Industry Chain is thriving, accelerating the implementation of edge model scenarios and new AI terminal products, with faster penetration of AI smartphones and AIPC, and innovations extending into areas such as AI glasses and Smart Home. Looking ahead to 2025, considering the moderate recovery of the Global economy, the continued warming demand for mobile phones/PCs, the sustained growth of General/AI Servers, and the innovation cycle of edge AI, the bank believes that the Technology Industry Chain is expected to welcome a new round of development opportunities, continuously driving Hardware innovation and accelerating the replacement cycle. In addition, concerning Sector valuation,
Puyin International: The AI wave of 2025 will redefine the Global Technology future.
The growth momentum of the Technology Industry in 2024 is expected to continue into 2025.
Dong Mingzhu revealed that Xiaomi's Air Conditioner patent infringement cost 0.5 million.
According to Sina Technology, Gree Electric Appliances, Inc. of Zhuhai's Chairman Dong Mingzhu revealed in "Zhen Zhi Zhe Jian" that Xiaomi's Air Conditioner recently compensated Gree 0.5 million for patent infringement. Dong Mingzhu emphasized, "I can say that Gree is the best Air Conditioner in the world, we have over 100,000 patents."
Ping An Securities: The era of extended-range vehicles 2.0, resonance of expansion and iteration.
The trend of range extender vehicle expansion is certain, and technological iterations (higher pure electric range, super-fast charging, and improved low-temperature performance) along with cost advantages will provide range extender vehicles with several times the capacity for expansion in the medium to long term.
Morgan Stanley: Jiangxi Consumers purchasing mobile phones and tablets enjoy a 15% subsidy, and other provinces are expected to follow, with companies like Xiaomi Group being the main beneficiaries.
Morgan Stanley released a research report stating that Jiangxi Province has announced a subsidy of 15% of the final Fill Price for individual consumers who purchase Smart Phones and tablets at participating merchants, with each subsidy not exceeding 1,000 yuan. The firm pointed out that Jiangxi is the third province in mainland China to announce such a policy and believes that other provinces may follow suit. The firm stated that the subsidy policy will serve as a short-term Bullish catalyst for Smart Phone OEM production and the supply chain, and believes that Xiaomi Group (01810), Sunny Optical (02382), AAC TECH (02018), and BYD Electric will benefit.
A year-on-year increase of 32%! Global electric vehicle sales have set historical highs for three consecutive months, with China accounting for 70% of the market.
The performance of the China market is impressive, with sales in November growing by 50% year-on-year to reach 1.27 million vehicles, accounting for about 70% of Global total sales. Overall Auto sales in China for November increased by 16.6% compared to the previous year, marking the highest growth rate since January this year. BYD is expected to exceed the annual Global sales target and surpass Ford and Honda.
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