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07.07.25 - 04:00
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H Shrs: HSI Opens 87Pts Lower; Key Techs Wane; Chips Rise Against Mkt (AAStocks)
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The U.S. will notify countries of reciprocal tariff rates, effective August. Hong Kong stocks opened softer, with the HSI down 87 points or 0.4% at 23,828, the HSCEI down 32 points or 0.4% at 8,576, and the HSTECH down 23 points or 0.5% at 5,192.XIAOMI-W (01810.HK), amid YU7 deliveries, opened 1% lower at HKD56.9. With markets s......
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05.07.25 - 12:06
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China′s smartphone shipments plunge 21.8% in May amid weak consumption (SCMP)
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Smartphone shipments in China plunged 21.8 per cent year on year in May to 23.7 million units, the biggest decline this year, according to the latest data from a government-run research institute.
Foreign brands, including Apple's iPhone, saw shipments drop by 9.7 per cent in May from a year earlier, outperforming local brands. Domestic manufacturers, including Huawei Technologies and Xiaomi, saw their shipments fall a combined 24.2 per cent, according to data released on Friday by the China......
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04.07.25 - 12:30
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HKD1.5B Southbound Trading Net Outflow from BABA-W (AAStocks)
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There was HKD872.6 million, HKD768.3 million and HKD142.1 million Southbound Trading net inflow to XPENG-W (09868.HK), SMIC (00981.HK) and GUOTAI JUNAN I (01788.HK).There was HKD1.5 billion, HKD813.1 million and HKD174.2 million Southbound Trading net outflow from BABA-W (09988.HK), XIAOMI-W (01810.HK) and TENCENT (00700.HK).For......
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04.07.25 - 10:30
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Xpeng: Kampfansage an Tesla und Xiaomi (Der Aktionaer)
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Der chinesische Elektroauto-Pionier Xpeng schaltet in den Angriffsmodus. Mit einem neuen Elektro-SUV zu einem Kampfpreis von umgerechnet 25.000 Euro nimmt der Konzern den Branchenprimus Tesla und Xiaomi ins Visier.. --- Von dieser Kampfansage kann die Aktie allerdings nicht profitieren. Sie fällt heute um rund fünf Prozent. Der Grund dafür ist, dass der aktuelle Preis von 25.000 Euro unter dem Vorverkaufspreis von 28.000 Euro liegt, was auf eine mögliche schwache Nachfrage hindeutet..
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04.07.25 - 10:15
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Full-day Takeaway: HSI Closes at 23,916, Down 153 pts; HSTI Closes at 5,216, Down 17 pts; ALI HEALTH Down over 6%; CCB, J&T EXPRESS-W, AKESO, MINSHENG BANK, XD INC Hit New Highs; Market Turnover Rises (AAStocks)
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At close, HSI dropped 153 pts or 0.6% to 23,916. HSTI dropped 17 pts or 0.3% to 5,216. HSCEI fell 39 pts or 0.5% to 8,609. Market turnover reached $267.81 billion.Active Heavyweights:MEITUAN (03690.HK) closed at $120.8, down 1.6%BABA (09988.HK) closed at $105.1, down 1%XIAOMI (01810.HK) closed at $57.5, down 1%TENCENT (00700.HK)......
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04.07.25 - 06:15
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Midday Takeaway: HSI Closes Midday at 23,921, Down 148 pts; HSTI Closes Midday at 5,209, Down 24 pts; ALI HEALTH Down over 6%; AKESO, KB LAMINATES Hit New Highs (AAStocks)
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At midday close, HSI dropped 148 pts or 0.6% to 23,921. HSTI dropped 24 pts or 0.5% to 5,209. HSCEI fell 36 pts or 0.4% to 8,611.Active Heavyweights:XIAOMI (01810.HK) closed at $57.4, down 1.2%MEITUAN (03690.HK) closed at $121.7, down 0.9%PING AN (02318.HK) closed at $49.7, down 0.8%HKEX (00388.HK) closed at $414.8, down 0.6%BAB......
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03.07.25 - 15:54
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Xpeng launches G7 ′Super AI′ SUV, taking on Xiaomi YU7 and Tesla Model Y (SCMP)
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Chinese electric vehicle (EV) maker Xpeng launched its G7 SUV on Thursday, sending another contender into a fierce battle in the premium SUV segment of the world's largest EV market, where it joins Xiaomi's recently introduced YU7 in taking on Tesla's market-leading Model Y.
Dubbed Xpeng's first “Super AI [artificial intelligence] car”, the G7 starts at 195,800 yuan (US$27,325), with the top-of-the-line model selling for 225,800 yuan, the Guangzhou-headquartered company said during a launch......
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