Technology Hardware, Storage and Peripherals

XIAOMI-W

Today’s Key News Recap

09888

89888

HBUD

BIDU

01880

601888

LULU

09992

HPPD

01810

81810

HXXD

XIACY

1230 | Dolphin Research Focus: 🐬 Macro/Sector. HK and A-share robotics stocks rallied in tandem today.The move was likely driven by two market rumors. First, the Trump administration is said to plan an executive order (EO) on robotics in 2026, which could unlock policy tailwinds.Second, supply-chain firms have recently made intensive visits to North America, and the market expects Tesla's Optimus humanoid robot program to award contracts soon. Institutions forecast phased deliveries starting in Q1 2026, covering annual capacity of 80–100k units, and related component suppliers have begun to ramp up...

BIDU-SW

BIDU-SWR

Baidu HK SDR 10to1

Baidu

CTG DUTY-FREE

Meta Platforms

Lululemon

POP MART

POP MART HK SDR 20to1

XIAOMI-WR

Xiaomi HK SDR 2to1

Xiaomi Corporation

BIDU ADR US

Robotics rally, BIDU surges, POP MART 'stalls' again｜Daily News Recap

09868

XPEV

09863

AMZN

1229 | Dolphin Research Focus: 🐬 Macro/Industry 1) On Dec 27, MIIT established the 'Humanoid Robotics and Embodied Intelligence Standardization Technical Committee' in Beijing. The committee is chaired by the ministry's Chief Engineer, with the secretariat housed at the Beijing Electronics Society.Corporate members account for 50%+, including leaders such as Xiaomi and Huawei. Its mandate is to set standards across foundational technologies, key components, and safety, prioritizing urgent areas like multimodal perception and system-level safety, while aligning with Intl norms.This is a key milestone for industry standardization. Unified standards can lower component compatibility costs...

XPENG-W

XPeng

LEAPMOTOR

Amazon

National Standards Committee for Humanoid Robots Formed; Huawei and Xiaomi Join; FAW invests RMB 3.7bn in Leapmotor | Daily News Recap

01211

BYDDF

002594

81211

BYDDY

HYDD

NVDA

LKNCY

CRCL

1217 | Dolphin Research Watchlist. 🐬 Stock 1: $XIAOMI-W(01810.HK)On Dec 17, Xiaomi partner and Group President Lu Weibing said at the 2025 Xiaomi 'Human-Car-Home' ecosystem partner conference that the company will invest RMB 200 bn in R&amp;D over the next five years. It expects to spend approx. RMB 40 bn in 2026.Funds will target consumer electronics, smart EVs, on-device AI, and upstream smart manufacturing. This supports its 'Human-Car-Home' strategy and ambition to be a global hard-tech leader...

BYD COMPANY

BYD Company Limited

BYD COMPANY-R

BYD Company

BYD HK SDR 10to1

NVIDIA

Luckin Coffee

Circle

BOYD Gaming

Xiaomi commits RMB 200 bn to R&D; BYD ramps up internal testing for L3 mass production | Daily News Recap

Alibaba

LEADING IDEAL

02015

GOOG

GOOGL

GGLS

GGLL

HUAWEI

09988

BYTED

89988

BABA

AMZU

KBAB

HBBD

AI glasses are regarded as the 'next-generation personal mobile gateway' and are also the most likely mobile terminal to challenge smartphones.

LI AUTO-W

Alphabet - C

Alphabet

Li Auto

Direxion Daily Googl Bear 1x Shares

Direxion Daily GOOGL Bull 2X Shares

Huawei

BABA-W

C3.AI

ByteDance

BABA-WR

Direxion Daily AMZN Bull 2X Shares

KraneShares 2x Long BABA Daily ETF

Alibaba HK SDR 5to1

Alibaba, ByteDance, and Li Auto are rushing into the market; are AI glasses becoming the 'next big thing'? (Minutes)

Meituan

Conference Minutes

03690

SHEN

HMTD

83690

MPNGY

BABO

BABX

The following are the Minutes of the FY25 Q3 earnings call for $MEITUAN(03690.HK) organized by Dolphin Research. For an interpretation of the financial report, please refer to &#34;Meituan: A Loss of Nearly 20 Billion! Did Alibaba Really Succeed in Stealing the House This Time?&#34; 1. Review of Core Financial Data Performance Overview: Total Revenue: 95.5 billion yuan (YoY +2%). Profitability: Operating cost rate 73.6% (YoY +12.9pts), mainly due to rider incentives and rising overseas costs; adjusted net loss of 16 billion yuan, affected by irrational industry competition and strategic investments...

MEITUAN

SHENANDOAH TELE

Meituan HK SDR 5to1

Ps India Port

Haoxi Health Tech

First Trust Global Wind Energy

MEITUAN-WR

YieldMax BABA Option Income Strategy ETF

BABA 2x Long Daily ETF - GraniteShares

Meituan (Minutes): 3Q loss peaks, but 4Q will continue the loss trend

09866

ONVO

VIVS

TSLA

Confident in achieving quarterly breakeven in the fourth quarter

NIO-SW

NIO Inc. USD OV

North American Energy Par

Organovo

VivoSim Labs

ZEEKR Intelligent Tech

Tesla

Quanex Building Products

Nio (3Q25 Minutes): Expects 20% vehicle gross margin in 2026, achieving full-year Non-GAAP profitability

HSAI

NVDL

07788

07388

NVDY

NVDD

NVDX

NVDQ

02525

1125 | Dolphin Research Focus: 🐬 Stock 1, $Alphabet(GOOGL.US) It is reported that Meta is negotiating with Google to use TPU chips worth billions of dollars in its data centers by 2027, and plans to rent chips from Google Cloud next year. Although TPUs are not as flexible as NVIDIA GPUs, they have lower development costs and consume less power when running at full capacity. If TPUs are successfully supplied externally, it marks intensified competition in the AI chip market, potentially impacting NVIDIA's market share and pricing power. For Google...

Hesai

GraniteShares 2x Long NVDA Daily ETF

XL2CSOPNVDA

XI2CSOPNVDA

YieldMax NVDA Option Income Strategy ETF

Direxion Daily NVDA Bear 1X ETF

T-Rex 2X Long NVIDIA Daily Target ETF

T-Rex 2X Inverse NVIDIA Daily Target ETF

HESAI-W

Google's TPU Sales Challenge Nvidia Dominance; Xiaomi Rallies on Lei Jun's Stake Boost. ｜Today's Important News Review

SVXY

TECH

SVIX

UVXY

UVIX

1121 | Dolphin Research Focus: 🐬 Macro/Industry 1. Last night's non-farm payroll data was released, presenting a 'split' scenario. On one hand, the number of jobs grew beyond expectations, while on the other hand, the unemployment rate unexpectedly rose to a four-year high, leading to a setback in the Federal Reserve's rate cut expectations. The VIX fear index surged significantly during the day. Meanwhile, after NVIDIA's earnings report, its stock initially surged but quickly retreated, causing tech stocks to collectively decline, with Chinese concept stocks simultaneously falling. Market sentiment spread to Asia-Pacific, and today, both Hong Kong and A-share markets are under pressure...

Pro Shrt Vix Shrt Future

Mirae Asset Global Investments Co., Ltd.

Bio-Techne

AMTD Digital

-1x Short VIX Futures ETF

Pro Ultr Cvix Shrt Futures

2x Long VIX Futures ETF

The market is in distress; Xiaomi Rises Courageously｜Today's Important News Review

K3SD

00700

MAAS

80700

HTCD

TCEHY

TCTZF

以下为海豚君整理的 $Baidu(BIDU.US) 2025 财年第三季度财报电话会议纪要， $BIDU-SW(09888.HK) 财报解读请移步《 百度，猛贴 AI 讲故事，真能救活自己吗？》一、财报核心信息回顾 1. $BIDU-SWR(89888.HK) AI 收入占比已达 40%：三季度，直接与 AI 相关的收入实现近 100 亿，这已达到总营收的 40%...

TENCENT

Maase 

TENCENT-R

Tencent HK SDR 10to1

Tencent

Tencent Holdings Limited

Baidu (Minutes): AI native marketing is the future second curve

Financial Analysis

$Baidu(BIDU.US) released its Q3 results after Hong Kong market hours on 18 November 2025. Overall, the performance met expectations. The detailed disclosure of AI revenue demonstrates the company's eagerness to shed its traditional label and fully embrace its new AI narrative. Specifically (focusing solely on Baidu's core operations): 1. AI revenue contribution reaches 40%: During Q3, revenue directly attributable to AI activities amounted to nearly RMB10 billion, constituting 40% of total revenue...

Agora

Can the new Baidu, aspiring to AI, successfully shed its old advertising label?

Xiaomi Co-founder Lin Bin plans to begin share reduction

Xiaomi 16 Ultra rumored to be launched in the first quarter of 2026

Xiaomi launches January service week, offering a 20% discount on battery replacement for 54 models

AI company ListenHub completes financing round with participation from Xiaomi co-founder Wang Chuan

Xiaomi Auto Responds to Configuration Adjustments of Xiaomi YU7

Lei Jun announces New Year benefits for Xiaomi Auto, offering a 3-year interest-free financing policy

Lei Jun Reveals Xiaomi YU7 Deliveries Exceeded 150,000 Units in Six Months Since Launch

Xiaomi Car Expected to Deliver Over 50,000 Units by December 2025

Lei Jun Announces New Year Promotion for Xiaomi Car YU7

Xiaomi adjusts its offline channel strategy, shifting from 'scale expansion' to 'quality improvement'

Xiaomi's key memory chip supplier ChangXin Memory's STAR Market IPO application was accepted

Xiaomi to soon launch a new 140W Desktop Charging Station in China

Xiaomi SU7 Ultra Model Launches Limited-Time 5-Year Interest-Free Purchase Program

Xiaomi Auto Releases 2025 Year-End Summary, SU7 Leads in Sales

Xiaomi Auto announces future product plan, will launch four new car models next year

Xiaomi Group repurchased 3.8 million shares for HK$149 million on December 31

Xiaomi repurchased 3.8 million B Class shares

Xiaomi Car Adds 36 Stores in December, Plans to Add 9 in January

Morgan Stanley report indicates that the 2026 national subsidy policy will benefit Xiaomi's AIoT business

Lei Jun postpones the New Year's Eve live stream scheduled for December 31 due to illness

SHIRBLE STORE