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Track Hyper | Can Xiaomi MIX Fold 4 compete with its lightweight and imaging capabilities?
Xiaomi joins the "light and thin" foldable phone market. Which of Honor, Vivo, and Xiaomi will dominate the market?
Statistics of capital trend for China-Hong Kong Stock Connect (T+2) on July 23
Capital trend of China Connect stocks on July 23
The central bank unexpectedly lowered the policy interest rate, stimulating the Hong Kong stock market to stop falling from its low point.
Last week, the Hang Seng Index fell a total of 875 points or 4.8%, reaching the lowest level in nearly three months since April 26; the Hang Seng Tech Index plummeted by 6.5%, dragging down the entire market. However, China's 1-year and 5-year LPRs were lowered by 10 basis points in July, driving a rebound in Hong Kong stocks today, climbing 181 points in the morning. The Hang Seng Index rose 142 points or 0.9% to 17,560 points in the half-day period; the National Index rose 61 points or 1% to 6,226 points; and the Hang Seng Tech Index rose 59 points or 1.7% to 3,596 points. The total turnover of the market in the half-day period was HKD 53.671 billion, and the net inflow of Shanghai and Shenzhen-Hong Kong stocks in the southbound trading was 2.
[Brokerage Focus] China Merchants maintains its "shareholding" rating for Xiaomi Group (01810) and bullish on the company's medium to long-term market cap growth potential.
China Merchants' research report stated that on July 19th, Lei Jun, CEO of Xiaomi Group (01810), held his fifth annual speech, sharing the story behind Xiaomi's entry into the auto industry, and releasing a series of new products in the second half of the presentation including foldable and regular smartphones, smart band, smartwatch, air conditioner, air purifier, etc. Additionally, Xiaomi also displayed the prototype of the upcoming Xiaomi SU7 Ultra electric sports car and announced its plan to officially challenge the Nurburgring North Loop Circuit in October this year. As a consumer electronic and intelligent manufacturing company integrating smart phones, smart hardware, IoT platform and automobile business, Xiaomi is steadily promoting its global strategy and high-end development.
Lei Jun recalls the experience of building cars and says that Zhou Shouzi's resignation back then was a heavy blow.
On the evening of July 19th, Xiaomi's founder, chairman and CEO Lei Jun held the 5th annual speech. During his speech, Lei Jun looked back on the past when he decided to make cars. Lei Jun said that at that time, Xiaomi was in a difficult situation and the high-end of Xiaomi had just begun to develop. "Young executives who have been nurtured for many years and who I had high hopes for have resigned. He is Zhou Shouzi." He said that although he was reluctant, he could only express his sincere wishes. It is reported that Zhou Shouzi joined Xiaomi as CFO in 2015. At that time, Lei Jun commented on Zhou Shouzi, "Previously, Shouzi was a successful investor with a unique vision and professional financial skills.
Lei Jun is going to challenge the ten-million-level racing.
The Long March has just begun.
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