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Reuters: China is testing a domestically produced EUV prototype machine, aiming to produce advanced chips by 2028

JD.com's discount supermarket opens its first store in Beijing, intensifying competition in the hard-discount track

Hardcore Showdown of Domestic GPU's 'Four Little Dragons': Who Will Lead the Wave of Computing Power Autonomy?

Meituan-WR Closes Up 2.17% with Net Inflow from Main Funds

EU reportedly set to scrap plan for a comprehensive ban on combustion engine cars

It was reported that 'Xin Xuan', the company of top Kuaishou streamer Xinba, experienced a mass employee resignation.

Meituan's Little Elephant Supermarket to Open Its First Physical Store in Beijing

California Congressman Gilbert Ray Cisneros Buys Alibaba Stock

BYD announces it is embracing the HarmonyOS ecosystem and has applied to join the Global IoT Alliance.

Southbound Trading Records Net Purchase of HK$1.063 Billion in Xiaomi Group Today

Media analyzes the market position of Alibaba's Tongyi Qianwen AI model one month after its public beta.

BYD launches a video submission campaign for its 'God's Eye' advanced driver-assistance system.

BYD announced it will launch two high-end flagship models in Q1 2026: the Seal 08 and Sealion 08.

Jefferies analyst downgrades Xiaomi rating to hold

Xiaomi records high short selling turnover, accounting for 23.2% of eligible securities turnover

SMIC's stock price rises by 2.34%, with a turnover of 3.849 billion yuan

BYD Becomes One of the First Automakers to Pass the National Regulatory Platform Compliance Certification for New Energy Vehicles

BYD will hold a global launch event for its new 'Sea Lion' model on December 20

China will reportedly announce a new NEV subsidy policy on December 18

Alibaba's shared office business lands in Shenzhen, partnering with Go Global

Hoe Leong

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CLIFE MBeCW260203 29.4

Courage Investment

Asian Micro

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CLIFE MBeCW260602

Oceanus

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Soup

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XIACY

Jefferies analyst Edison Lee downgraded Xiaomi to a Hold rating with a price target of HK$43.36, citing margin pressures, low-end market vulnerability, and competitive challenges. Despite some success in premiumization, 62% of Xiaomi's smartphones are priced under $200, exposing it to rising memory costs and declining sales forecasts. Competition from Samsung and reduced earnings projections further impact Xiaomi's outlook. Lee advises holding the stock due to these ongoing pressures and uncertainties.

- Jefferies analyst Edison Lee downgraded Xiaomi to a Hold, setting a price target of HK$ 43.36 due to several factors affecting its market performance.  
- Xiaomi’s significant reliance on lower-priced smartphones, with 62% under $200 and rising memory costs, poses a threat to profitability amid declining sales forecasts and competitive pressures from Samsung.  
- Consequently, while there are some improvements in average selling prices, decreased earnings projections lead Lee to recommend holding the stock in light of current market challenges.

Tip Ranks

Xiaomi HK SDR 2to1

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Xiaomi Corporation

Xiaomi: Hold Rating Amid Margin Pressures, Low-End Vulnerability, and Competitive Challenges

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Alibaba's cloud and AI businesses are expected to drive growth in 2026, despite macroeconomic challenges. Analysts maintain a Strong Buy rating, with a price target suggesting a 34.86% upside. The company's focus on cloud expansion and AI tools, alongside cautious consumer demand, are key factors for investors.

- Alibaba Group (BABA) enters 2026 as a prominent Chinese tech company, driven by a robust e-commerce base and growing cloud and AI sectors, despite challenges from a slowing economy.  
- Its cloud revenue increased by approximately 34% year-over-year, while its AI models have gained significant traction, reflecting strong growth potential.  
- While macroeconomic concerns may impact Alibaba's margins, analysts maintain a Strong Buy rating, projecting a price target of $201.33, indicating a potential upside of nearly 35%.

Alibaba

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KraneShares 2x Long BABA Daily ETF

YieldMax BABA Option Income Strategy ETF

BABA 2x Long Daily ETF - GraniteShares

What's Ahead for Alibaba Stock (BABA) in 2026?

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Li Auto has expanded its international presence by entering the Egyptian, Kazakh, and Azerbaijani markets, following its launch in Uzbekistan. The company introduced its L series extended-range electric vehicles (EREVs) in these regions. Li Auto aims to provide consistent user experience through official warranty services, after-sales support, and OTA technical upgrades. This expansion marks a significant step in Li Auto's globalization strategy.

- Li Auto has entered the Egyptian, Kazakh, and Azerbaijani markets, expanding its overseas operations after launching in Uzbekistan.  
- The company launched its Li L6, Li L7, and Li L9 extended-range electric vehicles (EREVs) in these new markets, aiming to provide consistent user experiences with local support.  
- This expansion marks a significant phase in Li Auto's globalization strategy, as it seeks to enhance its global competitiveness following a challenging period of declining deliveries.

CnEVPost

Li Auto

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Li Auto enters Egypt, Kazakhstan, and Azerbaijan in major push to expand overseas presence