"Do one thing and do it well", Xiaomi (1810.HK) auto's first quarter financial report is released, and car manufacturing is happening!

On August 21st, Xiaomi Group announced its second-quarter performance, with revenue reaching 88.9 billion yuan, a year-on-year increase of 32%. Adjusted net income was 6.2 billion yuan, a year-on-year growth of 20.1%, and the growth rate remained at a high level.

Gelonghui Finance05:18 ET

Xiaomi Set to Post Strong Auto Revenue, Margins -- Market Talk

WSJ04:29 ET

Xiaomi Target Price Raised to HK$27.50 From HK$25.30 by HSBC Global Research>1810.HK

Dow Jones04:09 ET

【Brokerage Focus】安信国际(AXI) maintains a "buy" rating on Xiaomi Corporation (01810), stating that its automotive business has strong cost control and loss control capabilities.

Jingu Financial News | CICC International Research Report pointed out that Xiaomi Group's (01810) total revenue in Q2 2024 reached 88.9 billion yuan, reaching a historical high, with a year-on-year growth of 32.0%. Smart electric vehicles achieved quarterly sales contributions for the first time, while revenue from smartphones, IOT, and internet services all experienced rapid growth. The revenue of the 'Smartphone x AIoT' division was 82.5 billion yuan, an increase of 22.5% year-on-year; the revenue from the 'innovative businesses such as smart electric vehicles' division was 6.4 billion yuan. While revenue grew, the company's operating expense ratio decreased by 1.0 percentage point to 14.2%, indicating an improvement in operational efficiency. Q2 period.

金吾財訊02:26 ET

Statistics on the capital trend of the ChiNext Stock Connect (T+2) | August 23rd.

Capital trend of the Intelligent Hong Kong-Stock Connect|August 23rd

Zhitong Finance19:30 ET

The CEO of Ji Yue criticized the public relations officer in the briefing: it does not represent the company's views, and it is even against the company's values.

Sina Technology News, August 22nd, CEO Xia Yiping of Jiyue released an internal email today, criticizing Jiyue's head of public relations, Xu Jiye. The report states that Xu Jiye made a remark about competitors on his personal WeChat circle, which was widely disseminated by many media outlets and caused a negative impact. This remark does not represent the company's viewpoint, nor does it align with our values. The company has instructed relevant departments to criticize Xu Jiye severely and further requires everyone to strictly abide by the company's communication discipline, refrain from making unfounded remarks about competitors, and refrain from spreading statements that contradict the company's values. It is reported that Xu Jiye also stated on his WeChat circle: it is indeed deserving of criticism.

新浪科技Aug 22 08:56 ET