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2025.05.16

12:12

                            Jefferies: Raised NetEase (NTES.O) target price from $120 to $131.
                        
12:06

                            Nvidia plans to set up research center in Shanghai
                        
                            Nvidia plans to set up a research center in Shanghai.
                        
12:05

                            Tencent Hunyuan Image 2 model released to support multiple interaction methods such as text, voice, sketch, etc.
                        
                            According to the official microblog of Tencent Cloud, Tencent Hunyuan today released the industry's first real-time image generation model Hunyuan Image 2.0 with millisecond-level response (parameter scale increased by 10 times), which supports multiple interaction methods such as text, voice, sketch, etc. In addition, Tencent Cloud also revealed that Tencent Hunyuan's native multimodal image generation model is already on the way.
                        
12:04

                            Nvidia (NVDA.O) plans to establish a research center in Shanghai.
                        
12:02

                            Faraday Future announced that it will hold its annual shareholder meeting on May 31, and the top 10 shareholders in attendance will receive an exclusive invitation to dinner with company executives, including co-CEO Jia Yueting.
                        
12:01

                            Jefferies: Lowered Alibaba (BABA.N) price target from $160 to $156.
                        
12:00

                            Hong Kong Stocks Midday Review: Hang Seng Index fell 0.81%, NetEase-S rose 13% against the market trend
                        
                            At the close of Hong Kong stocks at noon, the Hang Seng Index fell 0.81%, and the Hang Seng Technology Index fell 0.57%. Ascletis Pharmaceuticals-B fell more than 9%, Alibaba fell more than 5%, NetEase-S rose 13% against the market trend, and Fourth Paradigm rose more than 8%.
                        
11:57

                            Jefferies: Alibaba Group's target share price lowered from $160 to $156
                        
                            Jefferies: Lowered Alibaba Group's target share price from $160 to $156.
                        
11:28

                            China's non-game applications will continue to grow in overseas markets in April 2025
                        
                            According to the latest data from Sensor Tower, in April 2025, China's non-game applications continued to grow in overseas markets, with short dramas, AI, tools and e-commerce applications performing particularly well. Leading manufacturers with content innovation and technology-driven core advantages continue to expand their market leadership. At the same time, emerging publishers are also making breakthroughs in segmented tracks, injecting more vitality into the global market.
                        
11:17

                            Tmall 618 mobile phone brands collectively cut prices, and flagship models above 6,000 yuan were all reduced to the national subsidy range
                        
                            At 8 pm on May 16, Tmall 618 in 2025 will be officially launched. With the addition of national subsidies, the new flagship mobile phone products have been greatly reduced in price across the board. Apple has reduced its price by 2,000 yuan, and iPhone16Pro has been included in the national subsidy for the first time, with a discount of 2,500 yuan; Huawei, Xiaomi, OPPO and other brands have joined the battle, and flagship models above 6,000 yuan have all been reduced to the national subsidy range. With the addition of 618 platform coupons, flagship models are all cheaper by more than 1,000 yuan. Statistics show that in the first phase of Tmall 618, more than 2,000 mobile phones support the superposition of Tmall 618 discounts and national subsidies, with subsidies as low as 50% off, covering mainstream mobile phone brands such as Apple, Huawei, Xiaomi, OPPO, vivo, Honor, Samsung, and OnePlus.
                        
10:53

                            Xpeng Motors Announces Patent for Gait Control of Legged Robot
                        
                            Tianyancha App shows that the patent for "Gait control method and device of legged robot and legged robot" applied by Guangzhou Xiaopeng Automobile Technology Co., Ltd. has been announced.
                        
10:34

                            Lei Jun stressed that Xiaomi always adheres to the "technology-based" principle: this year's R&D investment exceeds 30 billion
                        
                            Last night, Lei Jun, the founder of Xiaomi, gave an internal speech to Xiaomi employees after the Xiaomi Values Competition. Lei Jun said that a sudden traffic accident at the end of March brought Xiaomi a storm of doubts, criticisms and accusations. He said, "This year is Xiaomi's 15th anniversary. We originally planned many celebrations, summaries, and planned activities, but most of them have been cancelled." Lei Jun emphasized that the most important thing for Xiaomi in the past five years is that we have always insisted on technology-based. "Five years ago, we put forward a new goal, which is to strive to become the world's new generation of hard-core technology leader. Five years ago, we clearly promised that the five-year R&D investment would exceed 100 billion, and we would increase the research and development of core technologies. Up to now, we have invested about 105 billion, and this year's investment is expected to exceed 30 billion."
                        
10:20

                            Market news: ByteDance expects revenue growth of approximately 20% in 2025.
                        
10:11

                            ByteDance seeks 20% revenue growth by 2025
                        
                            ByteDance is reportedly seeking to achieve 20% revenue growth by 2025.
                        
10:08

                            Honor will debut the fourth-generation Qualcomm Snapdragon 7
                        
                            On May 16, we learned from Honor that Honor will be the world's first to launch the fourth-generation Qualcomm Snapdragon 7, and the first model to be equipped with it will be the Honor 400 standard version.
                        
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