No Data
[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.
No Data
No Data
No Data
