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NIO's Ma Lin responded to the speculation of "Xiaomi acquiring NIO": purely fictitious.
Sina Technology reported on January 19 that recently, HAITONG INT'L released a research report presenting five major speculations for 2025. HAITONG INT'L believes that Xiaomi will acquire NIO, and NIO's battery swapping will expand its usage and may even be opened to other auto companies under patent protection. Ideal, Tesla, and Xiaomi establish a leading position in China's intelligent driving. In response to this speculation, Ma Lin, Assistant Vice President of Branding and Communication at NIO, posted on Weibo yesterday stating: "The speculation is purely fictional. NIO is seriously working on battery swapping and has connected over 700 cities nationwide, with each new battery swapping station positively impacting sales."
Analysts Raise '5 Big Conjectures for 2025', 'Xiaomi Acquiring Nio' Included
Smartphone Shipments From China Rise 5% in Q4 2024, Canalys Says
Battery-Powered Cars Had a Banner Year. There's a Risk for Car Stocks. -- Barrons.com
Citibank: lowers the Hang Seng Index target for the end of this year to 22,000 points. The preferred list adds XIAOMI-W (01810) and AIA (01299).
Citigroup recommends a "barbell strategy"; on one hand, increasing Shareholding in the Technology, Transportation, and Internet Plus-Related sectors through profit growth, policy support, and internal cost reductions to create potential upside; on the other hand, being Bullish on the performance of high-yield A-shares under monetary easing.
[Hotspot Tracking] The implementation of subsidies for Consumer Electronics boosts demand, but trend opportunities may still wait for guidance from AI applications.
Jingu Financial News | Recently, the Ministry of Commerce and other departments issued a notice on the implementation plan for the purchase subsidy of new mobile phones, tablets, smartwatches (and bracelets), including digital products such as mobile phones, tablets, and smartwatches in the scope of the subsidy, and clarified the range and amount of household appliances eligible for the subsidy. The plan states that individual Consumers purchasing a mobile phone, tablet, or smart smartwatch (bracelet) with a retail price not exceeding 6,000 yuan can enjoy a purchase subsidy. Each person can receive a subsidy for one item in each category, with a subsidy ratio of 15% of the final sale price after subtracting all discounts at the production, distribution, and mobile carrier levels, with a maximum subsidy for each item.
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