Xiaomi - Asia Tech Wire

Xiaomi

        2024.12.27
    
22:31

                            At the opening of the US stock market, the Dow Jones Industrial Average fell 0.65%, the S&P 500 fell 0.63%, and the Nasdaq fell 0.62%. Kingsoft Cloud (KC.O) rose 15%, and the company is expected to benefit from the development of Xiaomi's AI business.
                        
17:40

                            Haowu Shares: Xiaomi Auto Tianjin Airport Center passed the acceptance
                        
                            Haowo Shares announced that the Xiaomi Auto Tianjin Airport Auto Park Sales and Service Center under its wholly-owned subsidiary Pengxiang Company passed the opening acceptance of Xiaomi Jingming.
                        
17:37

                            SMIC, Xiaomi Group and others received increased holdings
                        
                            Southbound funds net bought HK$8.493 billion today. Among them, SMIC, Lenovo Group, and Xiaomi Group-W ranked the top three in net buying, with net purchases of HK$1.389 billion, HK$782 million, and HK$755 million, respectively. In terms of net selling, Meituan-W, Tencent Holdings, and Alibaba-W were net sold for HK$457 million, HK$389 million, and HK$180 million, respectively.
                        
17:31

                            Southbound funds made a large net purchase of 8.493 billion yuan today. In terms of Hong Kong Stock Connect (Shanghai), Xiaomi Group-W and Industrial and Commercial Bank of China received net purchases of HK$611 million and HK$440 million respectively; Tencent Holdings ranked first in net sales, with an amount of HK$370 million; in terms of Hong Kong Stock Connect (Shenzhen), SMIC and Lenovo Group received net purchases of HK$1.55 billion and HK$782 million respectively; Meituan-W ranked first in net sales, with an amount of HK$461 million.
                        
16:09

                            Hong Kong stocks closed: Hang Seng Index closed down 0.04% Hang Seng Technology Index closed up 0.69%
                        
                            At the close of Hong Kong stocks, the Hang Seng Index closed down 0.04%, while the Hang Seng Technology Index closed up 0.69%. Kingsoft Cloud surged 37.80%, ZTE rose more than 13%, Xiaomi Group and SMIC rose more than 4%, and Weimob Group rose more than 3%.
                        
15:17

                            Xiaomi Group President Lu Weibing: Xiaomi's global monthly active users have exceeded 686 million
                        
                            On December 27, Xiaomi held the "Full Ecosystem for People, Cars and Homes" Partner Conference. Lu Weibing, partner and president of Xiaomi Group, shared that Xiaomi's global monthly active users have exceeded 686 million, the interconnection capabilities of Xiaomi Pengpai OS are used more than 40 million times a day, and the number of connected devices of Xiaomi IoT has reached 860 million. In addition, Xiaomi IoT platform currently has more than 200 categories open to the entire industry, and more than 10,000 partners. Xiaomi has open-sourced its self-developed Vela system, and currently more than 60 million devices are equipped with the Vela system.
                        
15:03

                            Huihan shares: Cooperation with Xiaomi Auto
                        
                            Huihan Co., Ltd. stated on the interactive platform that the company has cooperated with Xiaomi Auto.
                        
12:01

                            Hong Kong Stocks Midday Review: Hang Seng Index rose 0.12% Hang Seng Technology Index rose 1.20%
                        
                            At the close of Hong Kong stocks at noon, the Hang Seng Index rose 0.12%, and the Hang Seng Technology Index rose 1.20%. Kingsoft Cloud rose more than 33%, SMIC and Li Auto rose more than 7%, and Xiaomi Group rose more than 5%.
                        
10:57

                            Lu Weibing: We are confident that we can achieve the annual delivery target of 130,000 vehicles
                        
                            At the 2024 Xiaomi "Full Ecosystem for People, Cars and Homes" Partner Conference today, Xiaomi Group Partner and President Lu Weibing delivered a speech. Lu Weibing revealed that in terms of Xiaomi Auto, 100,000 units were delivered in 230 days after the launch, and the annual sprint target is 130,000 units. There are still 4 days left before the end of the year target, and Xiaomi is very confident that the 130,000 units delivery target will be achieved.
                        
10:56

                            Lu Weibing: Xiaomi's next step is to break through the price range of more than 6,000 yuan
                        
                            At today's 2024 Xiaomi "Full Ecosystem of People, Cars and Homes" Partner Conference, Lu Weibing, partner and president of Xiaomi Group, delivered a speech. Lu Weibing said that in the past November, thanks to the hot sales of the Xiaomi 15 series and K80 series, Xiaomi ranked first in sales in the Chinese market in November from the perspective of activated caliber. 2024 is a year of continuous breakthroughs in Xiaomi's high-end development. Compared with last year, Xiaomi's high-end mobile phone sales increased by 43% year-on-year, and this year it has stabilized at the level of 10 million units. This year, it is expected that Xiaomi's high-end mobile phone sales will exceed 12 million units, and Xiaomi has also set a new goal. In every 3 to 5 years, the goal is to achieve a net increase of more than 10 million high-end mobile phones. In other words, it is hoped that in the next 7 to 8 years, Xiaomi will be able to sell 30 million high-end mobile phones, and today it has stabilized in the high-end market of the 4,000 to 6,000 yuan price segment. The next step is to focus on breaking through the price segment above 6,000 yuan.
                        
09:43

                            Xiaomi Group's share price rose by 5%
                        
                            Xiaomi Group's gains expanded to 5%.
                        
09:42

                            Xiaomi Group (01810.HK) saw its share price increase by 5%.
                        
09:22

                            Hong Kong stocks opened with mixed gains and losses, with the Hang Seng Index opening down 0.07% and the Hang Seng Technology Index opening up 0.38%; among technology stocks, Xiaomi Group (01810.HK) opened up more than 2%; JD.com (09618.HK) opened down 1.56%.
                        
        2024.12.26
    
11:06

                            Xiaomi is building a GPU cluster with 10,000 GPUs and will invest heavily in large AI models
                        
                            On December 26, Xiaomi is working on building its own GPU cluster and will invest heavily in AI big models. When the Xiaomi big model team was established, it already had 6,500 GPU resources. Interface News asked Xiaomi for confirmation, but Xiaomi has not commented as of press time. An insider told Interface News that the plan has been in place for several months, and Lei Jun played an important leadership role in it. "When it comes to AI hardware, the core is the mobile phone, not the glasses. It is impossible for Xiaomi not to go 'all in' in this field."
                        
        2024.12.25
    
13:52

                            Xiaomi applies for YU7 trademark registration
                        
                            Tianyancha intellectual property information shows that Xiaomi Technology Co., Ltd. has recently applied to register multiple "XIAOMI YU7" and "XIAOMI YU" trademarks. The international classification includes transportation and storage, transportation tools, scientific instruments, etc. The current trademark status is waiting for substantive review. According to media reports, on the evening of December 9, Xiaomi Motors' official Weibo account released a dynamic display showing that Xiaomi Motors' second model is an SUV, named "Xiaomi YU7", and is expected to be officially launched in June-July 2025.

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