Xiaomi - TechWire

Xiaomi

        2025.03.21
    
11:04

                            Xiaomi AI service scheduling method patent announced
                        
                            The Qichacha APP shows that recently, Beijing Xiaomi Mobile Software Co., Ltd. announced a patent for "scheduling method and device for artificial intelligence AI services". The Qichacha patent abstract shows that this patent discloses a scheduling method and device for AI services, which can be applied to communication systems. The method includes: determining the type of each AI service in the AI service set, and determining the first AI service in the AI service set according to the type of the AI service; based on the first AI service, sending a first request to a first network device in the core network, and the first request is used to request the establishment of a first AI service. In this application, AI services are split by the type of AI services, so that only AI services that need to be trained on the network side will be sent to the network side for training, thereby reducing the occupancy of network resources, optimizing the workflow of AI services in the communication network, and reducing restrictions on the application of network AI functions.
                        
        2025.03.20
    
19:45

                            Xiaomi's second auto factory has started construction, and the rumored expansion site is adjacent to its east side
                        
                            Recently, there have been reports that Xiaomi Group will expand the scale of its second electric vehicle production plant in Beijing. Last year, Xiaomi Group purchased 53 hectares of land in Beijing's Yizhuang area for RMB 842 million to build its second automobile factory, which is scheduled to be completed and put into production this year with an annual production capacity of 150,000 vehicles. Recently, there have been reports that Xiaomi Group plans to include an adjacent plot of about 52 hectares for the expansion of the second factory. The reporter visited the site today and found that the second phase of the factory project is under construction, but the expansion plot has not yet started. 
                        
17:35

                            Southbound funds sold a net of HK$408 million today, and Tencent Holdings was sold a net of HK$3.331 billion.
                        
                            Southbound funds sold a net HK$408 million today. Tencent Holdings, Ping An of China, and Xiaomi Group-W were sold net HK$3.331 billion, HK$842 million, and HK$808 million respectively; Alibaba-W was bought net HK$854 million against the market trend.
                        
09:44

                            The Hang Seng Technology Index fell 2%, while Xiaomi Group (01810.HK) and Tencent Holdings (00700.HK) widened their losses to 3%.
                        
09:40

                            The Hang Seng Index's early losses widened to 1%, while the Hang Seng Tech Index's losses widened to 1.47%; Baidu (09888.HK) fell nearly 4%, while Alibaba (09988.HK), Ping An of China (02318.HK), Xiaomi Group (01810.HK), and Tencent Holdings (00700.HK) all fell by more than 2%.
                        
        2025.03.19
    
16:10

                            Hong Kong stocks closed: Hang Seng Index rose 0.12%, Hang Seng Technology Index fell 1.05%
                        
                            At the close of Hong Kong stocks, the Hang Seng Index rose 0.12%, and the Hang Seng Technology Index fell 1.05%. The Hong Kong Stock Technology ETF (159751) closed flat at 0.00%, and the Hang Seng Hong Kong Stock Connect ETF (159318) closed up 0.29%. Tencent Music rose 14% after the results, and Xiaomi Group closed up nearly 1%; Beike fell 10%, and Xpeng Motors fell more than 5% after the results.
                        
15:05

                            Xiaomi Auto releases patent for automatic emergency call to ensure timely rescue
                        
                            The patent for "vehicle automatic emergency call method, device, and vehicle" applied by Xiaomi Automobile Technology Co., Ltd. has been published. The abstract shows that the patent relates to the field of intelligent vehicle technology. The method includes: in response to triggering an automatic emergency call of the vehicle, determining the location information of the vehicle; matching the corresponding automatic emergency call business processing rules based on the location information of the vehicle; and performing automatic emergency call processing based on the automatic emergency call business processing rules. The present disclosure can match the corresponding automatic emergency call business processing rules based on the location of the vehicle, so that the requirements of the emergency response center at the location are met when performing automatic emergency call processing, thereby improving the reliability and universality of the vehicle's automatic emergency call and ensuring the timeliness of rescue to the greatest extent.
                        
14:28

                            HSBC: Raised Xiaomi Group's (01810.HK) target price from HK$65.6 to HK$70.4.
                        
14:27

                            HSBC: Raise Xiaomi's target price from HK$65.6 to HK$70.4
                        
                            HSBC: Raised Xiaomi’s target price from HK$65.6 to HK$70.4.
                        
13:25

                            Xiaomi reportedly plans to expand second electric vehicle factory to meet growing demand
                        
                            Xiaomi Group will expand the scale of its second electric vehicle production plant under construction in Beijing, according to media reports, citing a person familiar with the matter. The hot sales of Xiaomi's first car prompted billionaire co-founder Lei Jun to raise the delivery target to 350,000 vehicles this year. The company, which is famous for its smartphones, began building its second factory in the Yizhuang area of the capital last year. Xiaomi purchased the 53-hectare land for 842 million yuan (116 million U.S. dollars), and the factory is scheduled to start production in the middle of the year. The aforementioned person familiar with the matter said that Xiaomi will incorporate an adjacent plot of about 52 hectares for expansion.
                        
11:35

                            Morgan Stanley: Xiaomi's profit last quarter exceeded expectations and the positive trend is expected to continue this year
                        
                            Morgan Stanley published a research report stating that Xiaomi Group's fourth-quarter earnings in 2024 significantly exceeded expectations. Revenue growth and improved profit margins drove gross profit 12% higher than the bank's forecast, and cost synergies made operating profit exceed expectations by about 87%. Looking forward to more positive catalysts in the coming months, Morgan Stanley believes that Xiaomi's positive trend in 2025 will be sustainable. It also pointed out that based on the success of Xiaomi SU7 Ultra, the group has begun its high-end journey, and the average selling price of future products is expected to increase, which will help promote the penetration rate of its high-end smartphones and the growth momentum of artificial intelligence IoT products. Morgan Stanley gave Xiaomi an "overweight" rating with a target price of HK$45.
                        
11:31

                            Yamato: Raises Xiaomi Group's (01810.HK) target share price from HK$50 to HK$65.
                        
10:50

                            Xiaomi Group's share price rose by 3%.
                        
                            Xiaomi Group's growth expanded to 3%, setting a new record high.
                        
09:46

                            Xiaomi Group fluctuated and rose by more than 1%, and its stock price hit a new high
                        
                            Xiaomi Group fluctuated and rose by more than 1%, and its stock price hit a new high. On the news front, the company's total revenue in 2024 was 365.906 billion yuan, a record high, a year-on-year increase of 35.0%.
                        
09:22

                            When the Hong Kong stock market opened, the Hang Seng Index opened down 0.17%, and the Hang Seng Technology Index opened down 1.01%; Xiaomi Group (01810.HK) recently released its "strongest annual report in history" and opened 1.13% lower today.

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Weekly Highlights

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                                    Xiaomi Group (01810.HK): Sales costs increased 35.5% from RMB 213.5 billion for the year ended December 31, 2023 to RMB 289.3 billion for the year ended December 31, 2024.
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                                    Liu Qiangdong appeared at the Hong Kong University of Science and Technology and visited several artificial intelligence projects
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