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Express News | U.S.-listed Chinese stocks surge in overnight trading, with Alibaba up over 4%.
May's Must-See Financial Events: Apple & Nvidia Earnings, Berkshire Meeting, Interest Rate Decision, and More
Xiaomi has launched its first inference open-source large model, Mimo! With 7 billion parameters, it surpasses OpenAI's o1-mini and Alibaba's QwQ-32B-Preview.
Under the same conditions of reinforcement learning (RL) training data, MiMo-7B shows a significantly greater potential in mathematics and coding than other widely used models in the industry, including well-known RL starter models such as DeepSeek-R1-Distill-7B and Qwen2.5-32B.
Chinese humanoid robots are seizing a global $5 trillion "big track"!
Morgan Stanley expects that by 2050, a total of 1 billion humanoid robots will be deployed globally, with annual revenue reaching 4.7 trillion dollars, nearly double the total revenue of the top 20 global Auto Manufacturers in 2024. China's policy support, technological advancements, and manufacturing foundation place it in a leading position in the field of humanoid robots, especially in the Hardware supply chain.
Warren Buffett's 60-Year Legacy: What to Watch for at Berkshire Hathaway Shareholders Meeting?
China Construction Bank Corporation: In the first quarter of 2025, Net income slightly decreased by 3.64%, with Technology finance and green development becoming the highlights.
China Construction Bank Corporation's performance analysis for the first quarter of 2025: stable operation facing a slight decrease in profits, with Technology finance and green development as highlights. Key points of performance: net income for the first quarter was 83.742 billion yuan, a year-on-year decrease of 3.64%; net income attributable to shareholders was 83.351 billion yuan, a year-on-year decrease of 3.99%. Asset scale: total assets reached 42.79 trillion yuan, an increase of 5.48% compared to the end of last year; total loans were 27.02 trillion yuan, an increase of 4.55%. Asset quality: non-performing loan rate at 1.33%, a decrease of 0.01 percentage points compared to the end of the year; provision coverage ratio at 236.81%, an increase of 3.21 percentage points.
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