GX HS TECH(02837.HK)

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GX HS TECH
02837.HK
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Lei Jun: Don't exaggerate intentionally or look for trouble just for traffic

Xiaomi Corporation founder Lei Jun introduced the new model Xiaomi YU7 during a live broadcast and called on influencers to conduct a teardown. He emphasized the need for genuine expression and not to exaggerate or nitpick for traffic. At the same time, Lei Jun reminded investors that the market carries risks and that investment should be approached with caution; this article does not constitute personal investment advice

Wallstreetcn·
US
XIACY
+4.09%
HK
01810
+2.49%
Wallstreetcn·
US
XIACY
+4.09%
HK
01810
+2.49%

In 2025, annual sales could not compete, and Tesla ceded the EV crown to BYD

Tesla announced its sales data for 2025, with annual sales of approximately 1.64 million vehicles, a decline of over 8% compared to 2024, officially yielding to BYD, which sold 2.26 million electric vehicles. Tesla delivered 418,227 vehicles in the fourth quarter, below market expectations. The U.S. government announced the cancellation of the $7,500 electric vehicle tax credit, which may affect electric vehicle demand. Tesla faces fierce competition from BYD and other automakers

法新社·
US
BYDDF
+5.39%
US
BYDDY
+5.37%
SZ
002594
-2.04%
法新社·
US
BYDDF
+5.39%
US
BYDDY
+5.37%
SZ
002594
-2.04%

BYD Dec sales breakdown: Qin 60,667 units, Song 55,169

BYD reported its December sales, with the Qin series leading at 60,667 units, despite a 27.44% year-on-year decline. The Song series sold 55,169 units, down 55.82% year-on-year, but was the best-selling model for 2025 with 788,003 units sold. The Seagull and Seal series also showed significant sales, with the Seagull achieving a 10.48% increase year-on-year. Overall, BYD's sales reflect a mixed performance across its model lineup for the year.

CnEVPost·
SZ
002594
-2.04%
US
BYDDY
+5.37%
US
BYDDF
+5.39%
CnEVPost·
SZ
002594
-2.04%
US
BYDDY
+5.37%
US
BYDDF
+5.39%

National Big Fund, major moves!

On January 2, 2026, SMIC agreed to issue 357 million shares to the National Integrated Circuit Industry Investment Fund, increasing its shareholding ratio from 4.79% to 9.25%. This transaction raised the National Integrated Circuit Fund's holdings in SMIC to 740 million shares. SMIC also introduced new investors to SMIC Southern through a capital increase agreement, with the National Integrated Circuit Fund's third phase increasing its investment by USD 1.832 billion. After acquiring SMIC Northern, SMIC became its wholly-owned subsidiary

Wallstreetcn·
SH
688981
-1.96%
HK
00981
+5.11%
Wallstreetcn·
SH
688981
-1.96%
HK
00981
+5.11%

Tesla's fourth-quarter delivery volume was 418,227 vehicles, falling short of expectations and significantly lagging behind BYD for the entire year

Tesla's fourth-quarter delivery volume decreased by 16% year-on-year to 418,227 vehicles, compared to an estimate of 440,907 vehicles. In contrast, BYD achieved growth in both fourth-quarter and annual sales of battery electric vehicles, with annual deliveries approaching 2.26 million electric vehicles, while Tesla delivered 1.64 million vehicles

Wallstreetcn·
SZ
002594
-2.04%
US
BYDDY
+5.37%
US
BYDDF
+5.39%
Wallstreetcn·
SZ
002594
-2.04%
US
BYDDY
+5.37%
US
BYDDF
+5.39%
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