XPEV's Aeroht files for IPO confidentially; AI theme takes off｜Daily News Recap

0112 ｜Dolphin Research Focus

🐬 Stocks

1.$CHINA LIT(00772.HK)

Shares jumped over 10% on the back of a deep AIGC tie-up with Shengshu Technology. Its 'Yuewen Man-Drama Assistant' fully integrated the multimodal model Vidu, applying AI across the entire production flow to cut costs and lift efficiency, strengthening IP monetization via visuals and tapping the AI content industrialization theme.This should speed the conversion of online literature IP into man-dramas and short dramas and open new growth. With China ADRs and the AI complex rebounding on the day, multiple tailwinds drove the stock higher.

2.$XPENG-W(09868.HK)

Reports indicate XPeng's flying-car unit, XPeng Aeroht, has hired JP Morgan and Morgan Stanley as joint sponsors and confidentially filed for a Hong Kong IPO, aiming to list as early as 2026, with proceeds for R&D and mass production.The unit plans to commission what it calls the first mass-production line for flying cars globally in Nov 2025. Its first split-form 'land aircraft carrier' flying car targets mass production and deliveries in 2026.

3.$KUAISHOU-W(01024.HK)

Kuaishou extended gains, up over 7% today, fueled by its Keling AI. The product's 'motion control' feature went viral overseas, with average daily revenue on mobile in the first three days of Jan surging 102% vs. Dec, becoming a breakout hit and materially lifting growth expectations.JP Morgan and Goldman Sachs turned more bullish, citing attractive valuation and raising estimates on expectations that Keling AI will drive overseas revenue. Alongside the AI theme and the Hang Seng Tech Index rally, the broader internet group firmed, supporting the stock.

🐬 Top Gainers by Sector

A-shares: Top gainers included data processing & outsourcing. Also internet content & information and healthcare IT services.

Hong Kong: System software led. Computer & electronics retailers and healthcare IT services also outperformed.

U.S.: Commercial printing and forest products advanced. Homebuilders were among leaders.

🐬 Watch Tomorrow

1. US CPI MoM (SA) and core CPI MoM (SA). Also CPI YoY (NSA) and core CPI YoY (NSA).

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