BIXIAMI@EC2612I (14133.HK) Latest News & Headlines | Longbridge

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Taiwan Semiconductor Manufacturing (NYSE:TSM) Shares Down 2.1% - Time to Sell?
Market Beat·1 hour ago
- Taiwan Semiconductor Manufacturing Company experienced a 2.1% share price drop amid a sector-wide de-risking move across chip stocks. - The company reported strong financial performance with $39.89 billion in quarterly revenue and robust demand driven by artificial intelligence and advanced manufacturing contracts like Xiaomi's 3-nanometer process. - Major institutional investors and corporate insiders adjusted their holdings while Wall Street analysts maintain a consensus "Buy" rating with an average target price of $524.25.
TSM-2.11%TSMG-4.27%
Tesla Recalls 3 Mln Cars In China Over Hidden Door Handles; Shares Drop
rttnews·8 hours ago
- Tesla is recalling approximately 3 million vehicles in China, contributing to a broader mass recall of 4.3 million cars by multiple automakers due to safety hazards associated with hidden door handles. - The recall addresses concerns that potential low-voltage system failures in emergencies could trap occupants and hinder rescue efforts. - Affected carmakers plan to install warning labels and release software updates to automatically lower windows after crashes, as China prepares to ban hidden door handles effective January 1, 2027.
TSLA-3.83%TSL-4.85%
Tesla (TSLA) Triggers Largest Ever Auto Recall Over Door Handles as China EV Stocks Tumble
Tip Ranks·11 hours ago
- Tesla is recalling approximately 2.98 million vehicles in China starting September 25, 2026, due to electronic door handle safety issues and driver-monitoring system deficiencies. - The company plans to address these safety concerns using warning labels and over-the-air software updates that automatically lower car windows and add in-cabin camera monitoring. - This record recall has also impacted the broader market, causing shares of major Chinese EV makers to slide while Tesla shares experienced premarket fluctuations.
XIACY-3.64%NIO-5.83%
TSLA Competitor? Xiaomi Joins NIO in Race to Build In-House Chips for Self-Driving Cars
benzinga_article·12 hours ago
- Chinese tech giant Xiaomi has unveiled its in-house Xring D100 self-driving chip built on a 3-nm process, scheduled for commercial deployment in 2027. - The new chip features a 20-core CPU and a 16-core NPU, enabling it to run local Large Language Models with 200 billion parameters. - This development aligns with broader industry trends where competitors like NIO, XPeng, and Tesla are advancing their own autonomous driving and semiconductor initiatives.
TSL-4.85%TSLA-3.83%
TSM Stock: Xiaomi's New Xring Chip Could Give TSMC Another Boost
Tip Ranks·12 hours ago
- Xiaomi unveiled its new Xring O3 smartphone processor and planned chips, aiming to reduce reliance on external suppliers. - TSMC will manufacture the 3-nanometer chip, adding another high-end customer and supporting its long-term advanced chip-making business. - This partnership reflects a broader trend of tech firms building custom chips while continuing to rely on TSMC for production.
XIACY-3.64%TSM-2.11%
Xiaomi unveils 3-nm Xring D100 smart-driving chip, plans commercial use in 2027
CnEVPost·15 hours ago
- Xiaomi unveiled the Xring D100, China's first high-computing-power smart-driving AI chip built on a 3-nm process, with commercial use scheduled for 2027. - The chip features a 20-core CPU, a 16-core NPU, and supports up to 160 GB of unified memory to run large models locally. - This development extends Xiaomi's semiconductor push into automotive computing to reduce costs and improve AI system efficiency amid competition from peers like Nio and Li Auto.
XIACY-3.64%01810-4.14%
Hang Seng Drops Nearly 2% as Alibaba's HK$80bn Placement Hammers Tech Stocks; Oil, Gold Buck the Trend
Market Pulse·16 hours ago
- Hong Kong stocks declined significantly on August 24, with the Hang Seng Index falling 1.96% to 25498.35 points and the Hang Seng Tech Index dropping 3.67% to 4591.12 points. - Alibaba plummeted over 9% after raising approximately 79.7 billion HKD through a massive share placement for AI infrastructure, dragging down internet and semiconductor stocks. - Meanwhile, oil stocks, surging gold prices driven by safe-haven demand, and select new consumption shares bucked the broader market downward trend.
09988-8.54%01810-4.14%
Hong Kong Midday: Hang Seng Tumbles Over 2%; Alibaba Slumps Nearly 10% on Share Placement; Sinopec Bucks Trend, Up Over 4%
Market Pulse·18 hours ago
- At the midday close on August 24, Hong Kong stock indices declined collectively, with the Hang Seng Index down 2.09% to 25465.23 points and a total turnover of approximately 1679 billion HKD. - Alibaba's record 80 billion HKD share placement triggered a broad tech sector sell-off, causing its stock to plummet nearly 10% and fall below the placement price. - Conversely, Sinopec rose over 4% following a 12% increase in mid-term net profit, while Livzon Pharmaceutical dropped over 14% after reporting declining mid-term earnings.
09988-8.54%03690-2.71%
HK Midday: Hang Seng Tumbles 2% as Alibaba's Record HK$80 Bln Placement Hammers Techs; Gold, Oil Stocks Shine
Market Pulse·20 hours ago
- On August 24, Hong Kong stocks declined significantly, with the Hang Seng Index falling 2.00% to 25488.47 points. - Alibaba's record 80 billion HKD share placement triggered a sharp drop in tech stocks, while Michael Burry's clearance of his stake added to market concerns. - Meanwhile, petroleum and gold stocks strengthened counter-trend due to strong corporate earnings and surging gold prices exceeding 4700 USD per ounce.
09988-8.54%03690-2.71%
Weekly Recap | XIAOMI-W +12.13%, closing in on record highs
Weekly Review·2 days ago, 01:50 AM
- Xiaomi Group - W shares rose 12.13 % this week to close at 29.02 HKD, driven by strong mid-term financial results and the SU7 reaching 500,000 cumulative deliveries. - Despite profit pressures in traditional segments and ongoing losses in its EV and AI business, 35 institutions maintain a consensus "Buy" rating with a target price of 36.54 HKD. - Market focus shifts to potential impacts from a recent vehicle safety recall and intensifying competition with Huawei's Zhijie RX.
01810-4.14%
Tesla recalls 3 million cars as part of China-wide push to stop hidden door handles
TechCrunch·Aug 21 at 08:51 AM
- Tesla and 10 other automakers are recalling nearly 3 million vehicles in China to address safety risks associated with hidden electronic door latches and emergency releases. - The recall involves installing warning labels and pushing software updates to help occupants identify manual door release mechanisms during crashes or fires. - This regulatory push follows a two-year review by China, which announced a ban on hidden electronic door handles starting in 2027 amid growing global safety scrutiny.
TSLA-3.83%TSLT-7.77%
BREAKING: China's biggest auto recall hits Tesla, Xiaomi, Leapmotor and others over door escape risk
CnEVPost·Aug 21 at 05:59 AM
- Chinese regulators announced the largest single vehicle recall in history, covering over 7 million cars from major automakers including Tesla and Xiaomi. - The recalls primarily address hard-to-identify interior emergency mechanical door releases that pose escape and rescue risks after severe crashes, alongside driver attention monitoring issues for Tesla. - Automakers plan to implement remedies such as adding warning labels, replacing covers, and deploying over-the-air software updates amid tightened safety regulations.
XIACY-3.64%TSL-4.85%
HK Stocks: Hang Seng Rallies 1.21% to Reclaim 26,000; Gold Miners Soar, Zhipu and MiniMax Jump Over 10%
Market Pulse·Aug 21 at 03:20 AM
- On August 21, Hong Kong stock indices closed higher collectively, with the Hang Seng Index rising 1.21% to 26009.46 points and a total turnover of 2573 billion HKD. - Gold and non-ferrous metal stocks surged across the board driven by rising international gold prices, while AI concept stocks rallied ahead of the Hang Seng index review. - Insurance and software service stocks strengthened on positive financial results, whereas biomedical and new consumer stocks experienced pullbacks.
06693-5.23%01787-2.55%
HK Stocks Midday: Hang Seng Jumps Over 230 Pts; Gold Miners Surge, Insurers Rally
Market Pulse·Aug 21 at 01:20 AM
- On August 21, Hong Kong stocks maintained an upward trend in the afternoon, with the Hang Seng Index rising 0.91% to 25,932.30 points. - Gold and resource stocks surged collectively driven by rising gold prices, while domestic insurance and financial stocks also strengthened. - The total market turnover reached approximately 1794 billion HKD, with technology and property stocks showing mixed performances.
06693-5.23%06181+0.10%