Market Chatter: Xiaomi Renames Smart Driving Feature In Line With Regulations
[Brokerage Focus] Jianyin International maintains Xiaomi (01810) a "Outperform Market" rating, expects its first quarter performance to exceed market expectations.
Jinwu Financial News | Jianyin International Research Reports indicate that Xiaomi (01810) is expected to exceed current market consensus expectations for its performance in the first quarter of 2025 (1Q25F), with revenue projected to grow by 43% year-on-year, reaching 108.2 billion yuan (roughly flat quarter-on-quarter), primarily driven by growth across various Business sectors, particularly in IoT products. By Sector, the bank estimates that the revenue of Smart Phones / IoT / Internet services will grow by 7% / 51% / 12% year-on-year in 1Q25F, driven by factors including increased Smart Phone shipments and average selling prices (ASP); household appliances, wearable devices, and tablet products.
[Brokerage Focus] CMB International holds a conservative view on Apple's outlook for the second half of the year, indicating that potential iPhone sales might decline.
Jinwu Financial News | CCB International stated that Apple Inc. (AAPL, not rated) announced its FY2Q25 (CY1Q25) performance and provided a framework for the impact of tariffs in the next quarter. Overall, due to the sales growth of iPhone/iPad/Mac (up 2%/15%/7% year-on-year) and improvement in the GPM of its services Business, which offset the weakness in sales in China (down 2% year-on-year) and wearables (down 5% year-on-year), the revenue for the second quarter was $95.4 billion (up 5% year-on-year), with an EPS of $1.65 (up 8% year-on-year), which was largely in line with market expectations.
Xiaomi EV's Business Likely Faced Pressure From Recent Accident -- Market Talk
Xiaomi Target Price Raised to HK$74.00 From HK$71.50 by Deutsche Bank >1810.HK
Major firm rating | BOC International: raises the Target Price of Xiaomi to HKD 75.25 and reaffirms it as the top choice in the Industry.
BOCI published a report indicating that Xiaomi's adjusted Net income for the first quarter of 2025 is expected to reach 9.704 billion yuan, a year-on-year increase of 49.7%, setting a new record and far exceeding market expectations. This is mainly due to the hot sales of the Xiaomi 15, 15 Ultra, and large appliances, consumer subsidies, the launch of the SU7 Ultra, accelerated delivery of electric vehicles, and good operational cost control. The next key catalyst is the YU7 SUV, which is expected to debut in June or July and immediately start deliveries. Xiaomi's Autos Peking Phase II factory is ready with sufficient capacity. The bank currently expects electric vehicles for 2025 and 2026.
Nomura: First recommendation for Kingsoft Cloud (03896) with a "Buy" rating and a Target Price of 9.2 Hong Kong dollars.
Nomura believes that Kingsoft Cloud will perform excellently in the China Cloud Computing market in 2025, achieving a 20% year-on-year revenue growth.
After ongoing fluctuations, the market may be nearing a directional choice, with the AI, Siasun Robot&Automation, and other Technology growth sectors likely to rebound.
Looking back at the market situation before the festival, the market has been in a state of fluctuating consolidation, and the atmosphere of market observation remains quite strong.
【Special Contributor】Deng Shengxing: Investors continue to be affected by the uncertainties of the trade war, and Hong Kong stocks remain weak.
Goldman Financial News | The Hang Seng Index was closed all day on Monday (5th) for the Buddha's Birthday holiday. The Hang Seng Index closed at 22,504 on Friday (2nd), up 385 points or 1.7%. The overall market had a turnover of 133.7 billion yuan for the day. The National Index rose by 154 points or 1.9%, closing at 8,231. The Technology Index increased by 156 points or 3.1%, closing at 5,244. Xiaomi (01810) had its Target Price raised by several Brokerages, closing up 6.3%. WUXI APPTEC (02359) rose by 7.1%, making it the best-performing blue chip. Nine blue chips fell, with SINOPHARM (01099) declining by 2.1%, the worst performer. The Dow Jones closed at
The Siasun Robot&Automation industry is experiencing a rise with a noticeable increase in entrants, and the Sector is expected to continue to be in the spotlight.
① According to Statistics from the new strategy humanoid robot research institute, as of December 2024, the number of Global humanoid robot Ontology companies has surpassed 220. Among them, companies from China account for half, exceeding 110. ② Shanghai Securities stated that the Industry Chain for humanoid robots has entered a phase of "a hundred flowers bloom, a hundred schools of thought contend," and the commercialization of humanoid robots is promising. It is recommended to pay attention to domestic component manufacturers that will benefit.
China Merchants: The A-share market in May may present a pattern of "weight index recovery and active technology growth."
China Merchants stated that looking ahead to May, the market may present a pattern of "weight index rebound and active Technology growth."
The term "smart driving" is no longer popular! Xiaomi has changed its name, and multiple car companies have adjusted their stance.
① The promotion of intelligent driving has shifted from active messaging to passive responses, with features like urban NOA no longer being emphasized; ② Most brands are introducing expressions such as "driving responsibility" and "subscription mechanism," uniformly emphasizing the attributes of Level 2; ③ Companies' statements are aligning with industry initiatives, and the promotion of assisted driving is entering a cautious compliance stage.
Market Chatter: Xiaomi's EV Sales Exceed 28,000 in April
Trending Stocks Today: XIAOMI-W Climbs 6%
Xiaomi's 1Q Earnings May Beat Consensus Views -- Market Talk
Xiaomi Target Price Raised to HK$65.00 From HK$60.00 by Daiwa>1810.HK
Hong Kong stocks are moving | AI Concept stocks are active. Recently, there have been continuous developments in the domestic AI large model field, and Institutions are Bullish that the Industry is entering a Gold development period.
AI Concept stocks were generally active in the morning session. As of the time of writing, KINGSOFT (03888) is up 4.92%, trading at 40.5 Hong Kong dollars; XIAOMI-W (01810) is up 4.3%, trading at 52.1 Hong Kong dollars; Alibaba-W (09988) is up 3.23%, trading at 121.3 Hong Kong dollars.
Express News | U.S.-listed Chinese stocks surge in overnight trading, with Alibaba up over 4%.
Hong Kong stock movements | XIAOMI-W opens its first inference model MiMo, KINGSOFT (03888) rises over 5%, XIAOMI-W (01810) rises over 4%.
The Xiaomi system continues to rise. As of the report, KINGSOFT (03888) is up 5.18%, reported at 40.6 HKD; XIAOMI-W (01810) is up 4.1%, reported at 52 HKD; Kingsoft Cloud (03896) is up 0.95%, reported at 7.47 HKD.
Xiaomi Group (01810) increased by 3.3%. The delivery volume of Xiaomi Autos in April surged nearly three times month-on-month.
Kingwo Financial News | Xiaomi Group (01810) is fluctuating and strengthening, up 3.3% as of the time of this report, priced at 51.6 Hong Kong dollars, with a trading volume of 1.468 billion Hong Kong dollars. In terms of news, Xiaomi Autos' delivery volume in April exceeded 28,000 units, showing a month-on-month decrease compared to over 29,000 units delivered in March. Compared to last April's delivery volume, Xiaomi's delivery last month increased nearly threefold. The Xiaomi SU7 Ultra dual air duct front cover version has begun to be delivered in succession. In addition, CICC expects Xiaomi Group's Q1 2025 revenue to grow by 44.85% year-on-year to 109.37 billion yuan, while adjusted Net income is expected to increase by 53% year-on-year.