3C - Asia Tech Wire

12:03

                            Morgan Stanley: Raised Xiaomi Group's (01810.HK) target price to HK$45.00 and maintained "overweight" rating.
                        
10:13

                            Xiaomi SU7 deliveries exceeded 20,000 units in January
                        
                            Xiaomi Motors announced that the delivery volume of Xiaomi SU7 exceeded 20,000 units again in January 2025. The delivery volume has exceeded 20,000 units for four consecutive months. The annual delivery target for 2025 is 300,000 units, and the production capacity will continue to be expanded in the new year.
                        
18:01

                            Xiaomi Auto: 16 new stores added in January, now 216 stores in 64 cities across the country
                        
                            According to Xiaomi Auto's official microblog: 16 new stores were added in January, and there are now 216 stores in 64 cities across the country; 5 new stores are planned to be added in February, covering a new city: Zibo. So far, 31 Xiaomi Auto service centers and authorized service centers have opened. Xiaomi Auto stores are open as usual during the Spring Festival. ​​​
                        
16:04

                            Ming-Chi Kuo: DeepSeek accelerates two new trends in the AI industry
                        
                            Tianfeng International Securities analyst Ming-Chi Kuo said that after the release of DeepSeek-R1, there are two important new trends in the AI industry that deserve attention. Even without DeepSeek-R1, these two trends would eventually become apparent, but the emergence of DeepSeek-R1 has accelerated their occurrence. 1. As the marginal benefits of the scaling law slow down, AI computing power can continue to grow through optimized training methods and help discover new applications. 2. The significant drop in API/Token prices is beneficial to AI software/services and device-side AI, and accelerates the diversification of AI applications.
                        
17:22

                            Xiaomi: Spring Festival Gala awakens Xiao Ai students around the world more than 100 million times
                        
                            The official account of Xiaomi's smart assistant "Xiao Ai" posted that from last night to noon today, the Spring Festival Gala woke up Xiao Ai more than 100 million times around the world.
                        
10:29

                            Xiaomi Auto: It has reached charging network cooperation with 13 operators, and more than 1.02 million charging piles have been included in the "Xiaomi Charging Map".
                        
10:24

                            Xiaomi Auto: Over 1.02 million charging piles have been added to the "Xiaomi Charging Map"
                        
                            On January 26, Xiaomi Auto announced that it has reached a charging network cooperation with 13 operators, and more than 1.02 million charging piles have been included in the "Xiaomi Charging Map".
                        
10:44

                            Xiaomi Legal Department: The blogger who posted the so-called "test video" has been arrested according to law
                        
                            Xiaomi's legal department said that recently, Xiaomi learned from judicial authorities that a blogger on a certain platform and his accomplices who were suspected of maliciously discrediting the business reputation and product reputation of Xiaomi Auto have been arrested and brought to justice. On August 13, 2024, a blogger on a certain platform released a so-called "test video" of a Xiaomi car colliding with a certain brand of car, intentionally misleading the public. The "test" methods and conclusions contained many serious fallacies and biases, which caused extremely bad effects on the Internet and seriously damaged the business reputation of Xiaomi. After the incident, Xiaomi immediately fixed the evidence, carried out legal rights protection work, and resolutely defended the company's legitimate rights and interests.
                        
21:57

                            Sanofi's anti-CD38 monoclonal antibody is approved for first-line indication in China
                        
                            On January 24, Sanofi's anti-CD38 monoclonal antibody Isatuximab Injection (trade name: Seco-Yi) was approved by the National Medical Products Administration (NMPA) for use in combination with bortezomib, lenalidomide and dexamethasone (VRd) to treat adult patients with newly diagnosed multiple myeloma (NDMM) who are not suitable for autologous stem cell transplantation (ASCT). This product is the world's first anti-CD38 monoclonal antibody approved by the U.S. Food and Drug Administration (FDA) to be combined with standard treatment VRd to treat NDMM patients who are not suitable for ASCT. It has now become the first and currently the only anti-CD38 monoclonal antibody approved for this indication in China. The second-line indication of this product was first approved for marketing in China in early January 2025.
                        
17:54

                            Goertek: Net profit is expected to be 2.56 billion yuan to 2.77 billion yuan in 2024, a year-on-year increase of 135%-155%
                        
                            Goertek announced that it expects a net profit of 2.56 billion yuan to 2.77 billion yuan in 2024, a year-on-year increase of 135%-155%; the company's precision components business, smart acoustic machine business, and VR/MR, smart wearables and other sub-product lines in the smart hardware business segment are progressing relatively smoothly, and the overall gross profit margin has increased.
                        
16:10

                            Hong Kong stocks closed: Hang Seng Index rose 1.86% Hang Seng Technology Index rose 3.15%
                        
                            At the close of Hong Kong stocks, the Hang Seng Index rose 1.86% and the Hang Seng Technology Index rose 3.15%. Robotics and semiconductor concepts led the gains, with Changfei Optical Fiber and Cable rising more than 30%, UBTECH rising more than 25%, Xiaomi Group rising more than 6%, and SMIC rising more than 5%.
                        
13:48

                            Xiaomi Group (01810.HK) rose more than 7% in the afternoon, setting a new historical high.
                        
13:45

                            Xiaomi Group's stock price rose by more than 7% in the afternoon, reaching a new high
                        
                            Xiaomi Group rose more than 7% in the afternoon, with its share price hitting a new high.
                        
12:52

                            Beijing: Last year's automobile industry output value growth hit a record high in the past decade, and the output of new energy vehicles increased nearly three times
                        
                            Last year, Beijing's industrial and information software industries achieved a total added value of more than 1.7 trillion yuan, accounting for nearly 35% of GDP, and contributing nearly 60% to the city's economic growth. At the same time, the growth rate of the automobile industry's output value hit a record high in the past decade, the scale of the pharmaceutical and health industry exceeded 1 trillion yuan, and the added value of the digital economy exceeded 2.2 trillion yuan, and the basic foundation of economic development has become more stable. This is what the reporter learned from the Municipal Bureau of Economics and Information Technology yesterday. Xiaomi, Ideal, Enjoy World... Last year, many star models in Beijing were launched one after another, and the automobile industry is accelerating towards high-end, intelligent and green. Data shows that last year, the city's automobile industry achieved an output value of about 443 billion yuan, a year-on-year increase of 15.9%, the highest increase in nearly a decade. Wang De, director of the Economic Operation Department of the Municipal Bureau of Economics and Information Technology, gave a set of eye-catching data: the output of new energy vehicles was about 300,000, a year-on-year increase of nearly 3 times, and the output of smartphones reached 120 million units.
                        
12:01

                            Hong Kong Stocks Midday Review: Hang Seng Index rose 1.81% and Hang Seng Technology Index rose 2.78%
                        
                            At the close of Hong Kong stocks at noon, the Hang Seng Index rose 1.81%, and the Hang Seng Technology Index rose 2.78%. Changfei Optical Fiber and Cable rose 25%, UBTECH rose more than 13%, ZTE rose more than 7%, and Xiaomi Group rose more than 5%.
                        
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