Technology Hardware, Storage and Peripherals

XIAOMI-W

Today’s Key News Recap

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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...

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Baidu HK SDR 10to1

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POP MART HK SDR 20to1

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BIDU ADR US

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

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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...

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

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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...

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BYD HK SDR 10to1

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

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

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Direxion Daily Googl Bear 1x Shares

Direxion Daily GOOGL Bull 2X Shares

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Direxion Daily AMZN Bull 2X Shares

KraneShares 2x Long BABA Daily ETF

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

Meituan

Conference Minutes

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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...

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Meituan HK SDR 5to1

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First Trust Global Wind Energy

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YieldMax BABA Option Income Strategy ETF

BABA 2x Long Daily ETF - GraniteShares

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

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Confident in achieving quarterly breakeven in the fourth quarter

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

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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...

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GraniteShares 2x Long NVDA Daily ETF

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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

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

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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...

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Mirae Asset Global Investments Co., Ltd.

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-1x Short VIX Futures ETF

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2x Long VIX Futures ETF

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

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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%...

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Tencent HK SDR 10to1

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

Lei Jun Announces New Year Promotion for Xiaomi Car YU7

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

Swiss Bank and Jefferies Downgrade Xiaomi Stock Rating

Reports say Lei Jun will dismantle a competitor's car during New Year's Eve livestream, and the Xiaomi 17 series may be released before the Spring Festival

Xiaomi rolls out stable HyperOS 3 update to 12 new devices

Media reports analyze Xiaomi co-founder Lin Bin's future share sale plan

Xiaomi Co-Founder Lin Bin Plans to Sell $2 Billion in Stocks

Xiaomi Electric Vehicle Plans to Launch Four New Models in 2026

Xiaomi will launch the Redmi Note 15 series New Year Edition on January 1, 2026

Xiaomi launches new high-end smartphone, the Xiaomi 17 Ultra

Kingsoft and Xiaomi Renew Framework Agreement Until the End of 2028

Lei Jun's Year-End Live Stream Unwraps Car to Review 2025 and Look Ahead to 2026

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