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A-shares and Hong Kong stocks are up, with the gem rising more than 1%, led by photovoltaics, chips, and non-ferrous metals.
PV concept stocks in A-shares rose at the beginning of the market, Suzhou Good-Ark Electronics hit the limit up, Sungrow Power Supply, Deli Technology rose more than 6%, Ginlong Technologies, Suzhou Maxwell Technologies, and Orise Technology quickly followed the upward trend.
Xiaomi conference call: autos Q4 revenue growth rate is expected to continue to rise, planning to open 120 500-square-meter large stores this year.
Xiaomi stated that the growth in total revenue for the Xiaomi Group this quarter is largely due to the stable growth of the auto business, and if necessary, it will further invest in expansion, planning to open 120 oversized Xiaomi Home stores by the end of the year, each covering an area of 400-500 square meters.
Ideal is racing wildly on the road of intelligent driving.
Aiming at Tesla.
Electric cars are popular, looking forward to SUV! Daiwa exclaims Xiaomi "Don't get off too early"!
Da Ma believes that the market performance of Xiaomi SU7 has exceeded expectations and the strong momentum is expected to continue. The SU7 Ultra has significantly improved the brand image, and the upcoming SUV model will be a major catalyst for performance. At the same time, the price increase of the new smart phone is expected to improve the mid-term profit margin, and the gross margin of the AIoT business is expected to continue to significantly improve. The report has raised the target price of Xiaomi by 35% to 35 Hong Kong dollars, stating that any pullback is a good buying opportunity.
Lenovo Group Limited (LNVGY) Q2 2025 Earnings Call Transcript Summary
Chinese Retail Sales Pickup In October: Here's What's Happening With Alibaba, JD And Pinduoduo Shares