【Today's Headlines】
Huawei: HarmonyOS Computer Officially Released
Huawei Terminal announced that the first HarmonyOS computer will be officially released on May 19. On the 8th, Huawei held a HarmonyOS computer technology and ecosystem communication conference in Shenzhen, marking the official debut of the &#34;HarmonyOS Computer&#34; equipped with the Harmony operating system, achieving an important breakthrough for domestic operating systems in the personal computer (PC) field.
According to reports, the HarmonyOS computer is equipped with HarmonyOS 5. Specifically, the HarmonyOS computer features a brand new Harmony AI, built-in exclusive Xiao Yi assistant, supporting voice interaction, with accurate dialogue Q&amp;A and rapid response. In addition, the HarmonyOS computer operating system integrates the Pangu large model and DeepSeek. Previous and currently sold Huawei laptops, desktops, and all-in-one computers equipped with other operating systems do not support installation and upgrade to HarmonyOS 5.
【Market Outlook】
Large Tech Stocks Rise, Tesla and Intel Up Over 3%
Overnight, U.S. stocks closed with the Dow Jones Industrial Average rising 254.48 points from the previous trading day, closing at 41,368.45 points, an increase of 0.62%; the S&amp;P 500 index rose 32.66 points, closing at 5,663.94 points, an increase of 0.58%; the Nasdaq Composite Index rose 189.98 points, closing at 17,928.14 points, an increase of 1.07%. Large tech stocks rose broadly, with Tesla and Intel up over 3%, Amazon, Google, and Microsoft up over 1%, and Nvidia and Meta slightly up;
Most popular Chinese concept stocks rose, with the Nasdaq Golden Dragon China Index closing up 0.97%. Li Auto and Nio rose over 3%. The Hang Seng Index ADR rose, closing at 22,835.48 points, up 59.56 points or 0.26% compared to the Hong Kong close.
【Hot Topics Ahead】
The Chief Executive of the Hong Kong SAR has approved Tang Jiahua to serve again as Chairman of the Hong Kong Stock Exchange
According to Zhitong Finance APP, on May 8, the Chief Executive of the Hong Kong SAR approved Tang Jiahua to serve again as Chairman of Hong Kong Exchanges and Clearing Limited (Hong Kong Stock Exchange), effective immediately. This approval was made under the Securities and Futures Ordinance (Chapter 571). Tang Jiahua's term as chairman will last until the end of his term as a member of the board of directors of the Hong Kong Stock Exchange, which will expire after the 2027 annual general meeting of shareholders of the Hong Kong Stock Exchange.
Hong Kong Stock Exchange: Average Daily Trading Amount of Hong Kong Stocks in April was HKD 274.7 Billion, Up About 1.5 Times Year-on-Year
According to Zhitong Finance APP, statistics from the Hong Kong Stock Exchange show that as of the end of April, the total market capitalization of the Hong Kong securities market was HKD 38.8 trillion, an increase of 21% compared to HKD 32.1 trillion in the same period last year. The average daily trading amount of the Hong Kong stock market in April was HKD 274.7 billion, an increase of 145% compared to HKD 112.3 billion in the same period last year. The average daily trading amount for the first four months of 2025 was HKD 250.4 billion, an increase of 144% compared to HKD 102.5 billion in the same period last year.
CITIC Bank (00998) Plans to Invest 10 Billion Yuan to Establish Wholly-Owned Subsidiary Xinyin Jintou
Zhitong Finance APP news, China CITIC Bank (00998) announced that in order to closely follow national policy guidance, write a good &#34;financial technology&#34; article, and continuously increase support for scientific and innovative enterprises and the private economy, the bank plans to use its own funds to invest RMB 10 billion to establish a wholly-owned subsidiary, Xinyin Financial Asset Investment Co., Ltd. (tentative name, subject to the name approved by relevant regulatory agencies and market supervision departments).
China Merchants Bank (03968) plans to invest RMB 15 billion to establish a financial asset investment company
Zhitong Finance APP news, China Merchants Bank (03968) announced that the company plans to invest RMB 15 billion to wholly initiate the establishment of a financial asset investment company.
SMIC (00981) reports a net profit attributable to shareholders of RMB 1.356 billion in the first quarter, an increase of 166.5% year-on-year
Zhitong Finance APP news, SMIC (00981) released its performance for the first quarter of 2025, with operating revenue of RMB 16.301 billion, an increase of 29.4% year-on-year; net profit attributable to shareholders of RMB 1.356 billion, an increase of 166.5% year-on-year; basic earnings per share of RMB 0.17. The capacity utilization rate in the first quarter rose to 89.6%, an increase of 4.1 percentage points quarter-on-quarter. For the second quarter, the company provided revenue guidance of a quarter-on-quarter decline of 4% to 6%, with a gross profit margin guidance of 18% to 20%.
FIT HON TENG (06088) reports revenue and other operating income of USD 1.103 billion in the first quarter, an increase of 14.28% year-on-year
Zhitong Finance APP news, FIT HON TENG (06088) announced that for the three months ended March 31, 2025, it achieved revenue and other operating income of USD 1.103 billion, an increase of 14.28% year-on-year; net profit from continuing operations was USD 6.243 million, a decrease of 38.8% year-on-year.
Huahong Semiconductor (01347) reports first-quarter results: profit attributable to shareholders of USD 3.8 million, a decrease of 88.05% year-on-year
Zhitong Finance APP news, Huahong Semiconductor (01347) released its performance for the first quarter of 2025, with sales revenue of USD 540.9 million, a year-on-year increase of 17.6% and a quarter-on-quarter increase of 0.3%; profit attributable to parent company shareholders was USD 3.8 million, a decrease of 88.05% year-on-year; basic earnings per share of USD 0.002.
Autohome-S (02518) reports a net profit attributable to common shareholders of RMB 340 million in the first quarter, with a continuously expanding user base
Zhitong Finance APP news, Autohome-S (02518) released its performance for the first quarter of 2025, with total net revenue of RMB 1.454 billion, gross profit of RMB 1.138 billion; net profit of RMB 342 million; net profit attributable to common shareholders of RMB 340 million; basic net profit per common share of RMB 0.72.
Zhongchuang Innovation 航 (03931) reports first-quarter results: net profit attributable to shareholders of RMB 230 million, an increase of 36.11% year-on-year
Zhitong Finance APP news, Zhongchuang Innovation 航 (03931) released its performance for the three months ended March 31, 2025, with total operating revenue of RMB 6.896 billion, a year-on-year increase of 41.99%;
The net profit attributable to the parent company's owners is 230 million yuan, a year-on-year increase of 36.11%.
【Stock Highlights】
Goodbaby International (01086): First-quarter revenue approximately HKD 2.035 billion, a year-on-year increase of 7.5%
According to the announcement from Goodbaby International (01086), based on the company's unaudited consolidated management accounts for the period ending March 31, 2025 (the current period), the group's revenue increased by 7.5% from approximately HKD 1.892 billion in the corresponding period of 2024 to approximately HKD 2.035 billion. The exchange rates during the current period fluctuated compared to the corresponding period of 2024, particularly the exchange rates of the Renminbi and Euro against the Hong Kong Dollar. This fluctuation resulted in a difference between the revenue growth calculated in original currencies and the revenue growth calculated in the group's reporting currency, the Hong Kong Dollar, due to currency conversion reasons. On a constant currency basis, the group's revenue for the current period increased by 9.7% compared to the corresponding period of 2024.
According to media reports, U.S. Treasury Secretary Janet Yellen stated that the Trump administration is considering exempting tariffs of up to 145% on car seats, strollers, cribs, and other essential children's travel items imported from China. It is reported that Goodbaby International is a global leader in the baby stroller and car seat brand market. The company was founded in 1989, starting with baby strollers and expanding into the market for children's car seats and non-durable goods, among other baby and child products

688981

00981

Huawei Terminal announced that its first HarmonyOS computer will be officially released on May 19, marking an important breakthrough for domestic operating systems in the PC field. The HarmonyOS computer is equipped with HarmonyOS 5, features a built-in AI assistant, and supports voice interaction. SMIC's net profit attributable to shareholders in the first quarter increased by 166.5% year-on-year. Major U.S. tech stocks rose broadly, with Tesla and Intel up over 3%. The Chief Executive of the Hong Kong Special Administrative Region has approved Tang Jiahua to once again serve as the chairman of the Hong Kong Stock Exchange

- Huawei announced the official launch of its first HarmonyOS computer, set for May 19, marking a significant breakthrough for domestic operating systems in the PC sector.  
- The computer features HarmonyOS 5, enhanced with AI capabilities and voice interaction, but existing Huawei devices cannot upgrade to this new system.  
- In related market news, major tech stocks rose, with the Dow Jones increasing by 254.48 points, and Hong Kong's stock market showed a significant year-on-year trading volume increase.

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Zhitong Hong Kong Stock Early Knowledge | Huawei HarmonyOS Computer officially released, SMIC's first-quarter net profit attributable to shareholders increased by 166.5% year-on-year