BIXIAMI@EC2610A

TRANSTHERA-B

ASIA STRAT TECH

SUMMI

MANY IDEA CLOUD

ZHONGMIAO

SKYMISSION GP

NICHE-TECH SEMI

KFM KINGDOM

INCON

CHINA CHENGTONG

XIACY

01810

Xiaomi Corporation co-founder Lin Bin plans to acquire 1% of the holding company of the NFL Miami Dolphins for $125 million. This transaction brings the company's overall valuation to $12.5 billion, setting a new high for NFL equity transfers, surpassing the $10 billion benchmark when Julia Koch purchased a 10% stake in the New York Giants

Wallstreetcn

Xiaomi Corporation

XIAOMI-W

USD 125 million investment in NFL, Xiaomi co-founder expands sports investment landscape again

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BABA

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TCEHY

KBAB

BABX

The NASDAQ Golden Dragon China Index preliminarily rose by 0.7%, with a cumulative decline of about 4.2% this week. Among popular Chinese concept stocks, GDS rose by 7.5%, JD rose by 6.1%, XPeng, Trip.com, NetEase, and Kingsoft Cloud rose by up to 5.9%, Xiaomi rose by 3%, Meituan and Tencent rose by over 2%, and Alibaba rose by 0.4%. Canadian Solar fell by 3.7%, and Pony.ai fell by 8.5%. In terms of ETFs, KWEB rose by 1.3%, and CQQQ rose by 0.1%

XPENG-W

Alibaba

NASDAQ Golden Dragon China Index

JD-SW

TENCENT

JD LOGISTICS

TRIP.COM-S

GDS-SW

XPeng

MEITUAN

Tencent

KINGSOFT CLOUD

KraneShares 2x Long BABA Daily ETF

BABA 2x Long Daily ETF - GraniteShares

KraneShares 2x Long JD Daily ETF

Invesco China Tech

NTES-S

09988

TCTZF

Hong Kong stocks continued to rise, driven by technology stocks such as Alibaba, Tencent, and Xiaomi, with the Hang Seng Index closing up 1.7% at 25,757 points. Despite increasing market concerns over the Iran war, which led to a decline in U.S. stocks, Dow and Nasdaq futures rose slightly. Northbound trading recorded a net outflow of 2.188 billion yuan, and after adjustments to the Hang Seng Index constituents, CATL and Laopu Gold rose by 2.6% and 3.4%, respectively. The Hang Seng Index has accumulated a decline of 3.3% this week

AASTOCKS

JD.com

BABA-W

CATL

Tencent Holdings Limited

The "Market Review" reports that tech stocks lead the rise in Hong Kong stocks, with JD.com stocks dancing and pharmaceutical stocks climbing

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BYDDF

81211

002594

BYDDY

TSLA

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NTES

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HYDD

NFLX

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HXXD

0306｜Dolphin Research Focus: 🐬 Macro/Industry 1) The US Dept. of Commerce is preparing to globalize its export approval regime for advanced AI chips, moving beyond country-specific controls. Reviews would be organized into three tiers based on purchased compute.Orders exceeding 200k chips would trigger government-to-government negotiations and the disclosure of critical technical details. Approved countries would also be required to commit matching investment in US digital infrastructure.This move reflects US tech hegemony and could destabilize the global semiconductor supply chain. It also raises compliance costs for US chip makers.It is likely to push countries to accelerate domestic compute R&amp;D, supporting China's semiconductor localization. Overall, expect faster onshore capacity build-outs and substitution.

BYD's 'disruptive tech' debuts; Xiaomi's mobile Agent emerges | Daily News Recap---

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On March 6th, the Hong Kong stock market's risk appetite warmed up, with all three major indices strengthening, led by the Hang Seng Tech Index which rose by 3.15%. The retail and internet sectors showed strong momentum, with JD-SW leading the surge with a 9.95% increase, while Tencent Holdings had the highest trading volume and closed up by 3.39%. On the macro level, the rebound in PMI and the recovery in exports provided support for the fundamentals. Although the rebound momentum continues, the market is still focused on whether policies and liquidity can help break through previous highs

- The Hong Kong stock market saw overall gains, with the Hang Seng Index closing at 25,757.29 points, up by 1.72%.  
- Notable performances included JD.com surging 9.95% and Tencent gaining 3.39%, while mixed results emerged in specific sectors.  
- Market momentum is supported by improvements in macroeconomic indicators, driving investor confidence and attention towards future policy impacts on risk preferences.

Market Heartbeat

MNSO

KUAISHOU-W

BILIBILI-W

LENOVO GROUP

LEGENDHOLDING

REMEGEN

MENGNIU DAIRY

AKESO

CH ENERGY ENG

CHINA RES LAND

Hang Seng TECH Index

Hong Kong stocks close | The Science and Technology Index leads with a 3.15% increase, JD rises nearly 10%, and both Tencent and Alibaba rise over 3%

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The Hang Seng Index closed at 25,757 points, up 435 points or 1.7%. The Hang Seng Tech Index reported 4,947 points, up 151 points or 3.2%. The total market turnover was HKD 292.766 billion. Active heavyweight stocks performance: XPeng rose 3.8%, Alibaba rose 3.5%, Tencent rose 3.4%. JD LOGISTICS rose 23%, JD Group rose 10%

FI CSOP HSI

HSTECH ETF

CSOP HS TECH

ISHARESHSTECH

According to the "All-Day Express," the Hang Seng Index rose by 435 points; the Hang Seng Tech Index increased by 151 points. Xiaomi Group rose by over 3%, Alibaba rose by over 3%, and Tencent rose by over 3%, with strong trading volume

Guotai Haitong has reaffirmed its Buy rating on Xiaomi (XIACF), setting a price target of HK$42.70, while the stock closed at HK$32.20. The overall analyst consensus for Xiaomi is a Strong Buy, with an average price target of HK$47.62, indicating a potential upside of 47.89%. Additionally, CMB International Securities also maintains a Buy rating with a price target of HK$50.21.

- Guotai Haitong has maintained a Buy rating on Xiaomi with a price target of HK$42.70, while the stock closed at HK$32.20.  
- Analyst consensus suggests a Strong Buy rating for Xiaomi, with an average price target of HK$47.62, indicating a potential upside of 47.89%.  
- CMB International Securities also supports this outlook with a Buy rating and a price target of HK$50.21.

Tip Ranks

Guotai Haitong Keeps Their Buy Rating on Xiaomi (XIACF)

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During the trading session, the three major indices of the Hong Kong stock market strengthened collectively, with the Hang Seng Index rising by 1.54% and the Hang Seng Tech Index soaring by 3.06%. In terms of sectors, internet content, retail, and hardware sectors led the gains, with leading stocks such as TENCENT, Alibaba, and XIAOMI showing strong performance, significantly boosting market sentiment. Funds are focusing on macro data and policy guidance, with TENCENT temporarily leading in trading volume at HKD 9.82 billion. As of the time of writing, overall trading volume is well-matched, but attention should still be paid to the pressure above

- Hong Kong's market shows a positive trend with the Hang Seng Index up 1.54% to 25,710.46, while the Hang Seng Tech Index and the Enterprise Index also increased.  
- Key sectors include internet content, retail, and hardware, with significant gains from Tencent, Alibaba, and Xiaomi, attracting increased capital.  
- The focus on macroeconomic data such as PMI, retail figures, and external factors like capital flows is influencing market sentiment and investment strategies.

LB Select

BIDU-SW

GEELY AUTO

KNOWLEDGE ATLAS

XTALPI

Hong Kong stocks intraday | Three major indices collectively strengthen, with Xiaomi Group and Alibaba leading the gains

The short selling amount in the Hong Kong stock market for half a day was HKD 20.54 billion, accounting for 18.2% of the total turnover of shortable stocks. The main shorted stocks include Tencent, Alibaba, Xiaomi Group, BYD, and JD, with short selling ratios of 16.3%, 16.3%, 19.4%, 37.3%, and 43.5%, respectively

BYD COMPANY

The short selling in the Hong Kong stock market for half a day reached HKD 20.54 billion, accounting for 18.2% of the total turnover of shortable stocks

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The Hang Seng Index closed at 25,789 points, up 468 points or 1.9%. The Hang Seng Tech Index reported 4,973 points, up 177 points or 3.7%. Xiaomi Group rose 5.9%, Alibaba rose 4.3%, and Tencent rose 4%. Among the actively traded blue-chip stocks, JD LOGISTICS rose 21.3%, and JD Group rose 8.5%. Overall market performance was positive, with the National Index up 187 points or 2.2%

FL2 CSOP HSI

FI2 CSOP HSI

The Half-Day Express reports that the Hang Seng Index rose by 468 points; the Hang Seng Tech Index rose by 177 points. Xiaomi Group rose by over 5%, Alibaba rose by over 4%, and Tencent rose by over 3%

Xiaomi Group founder Lei Jun stated that due to the surge in AI demand, the prices of storage chips have skyrocketed, putting immense pressure on the mobile phone business. He mentioned that the adjustment in product prices stems from the rising costs of upstream storage chips, which are difficult to fully absorb. In 2025, the price of the Redmi K90 series smartphones was raised by 300-600 yuan, but was quickly reduced by 300 yuan due to market feedback. Global storage chip prices have reached an all-time high and are expected to continue rising in 2026, with significant increases in DRAM and NAND flash memory prices

- Rising AI demand has led to a surge in storage chip prices, impacting smartphone manufacturers like Xiaomi.  
- Xiaomi's CEO, Lei Jun, emphasized that this cost increase pressures the company's pricing strategies, which have already led to significant price hikes for models like the Redmi K90 series.  
- Analysts predict that ongoing chip price increases may result in substantial price hikes for new smartphones and a potential reduction in the production of budget models.

Lei Jun talks again about the surge in memory prices: The mobile phone business is under great pressure

OpenAI

DXYZ

80700

NVDA

AVGO

VERA

89618

HJDD

BILI

HTCD

0305 | Dolphin Research Focus: 🐬 Macro/Industry 1). On Mar 5, Premier Li Qiang delivered the Gov. Work Report at the 4th Session of the 14th NPC.He set a 2026 GDP growth target of 4.5%–5% and CPI around 2%, aiming to balance employment, livelihoods and industrial upgrading. The moderate inflation goal should help restore corporate earnings and anchor household expectations, supporting risk appetite in HK and A-share markets...

NVDA to reallocate H200 capacity; OpenAI races toward IPO | Daily News Recap

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The Hang Seng Index closed at 25,321 points, up 71 points or 0.3%. The Hang Seng TECH Index reported 4,796 points, down 33 points or 0.7%. The total market turnover was HKD 321.872 billion. Among the actively traded blue-chip stocks, Alibaba fell 2.8%, Meituan dropped 1.2%, and Tencent decreased 0.8%; HKEX and Xiaomi Group each rose 0.6%. JD Health fell 6.2%, while AIA rose 5.1%. West China Cement dropped 26.6%, and SH Electric rose 15.8%. KINETIC DEV reached a new high, rising 8.7%

CSI 300

Hang Seng Index

HKEX

KINETIC DEV

WESTCHINACEMENT

JD HEALTH

Meituan

SH ELECTRIC

CSOP CSI300

XL2CSOPHSTECH

FI2CAMNDQ100

The Hong Kong Economic Journal reported that the Hang Seng Index closed at 25,321 points, up 71 points; the Hang Seng TECH Index closed at 4,796 points, down 33 points. JD HEALTH fell over 6%, while KINETIC DEV reached a new high with strong trading volume

Global stock markets rebounded, with South Korean stocks rising over 12% and Japanese stocks up over 4%. U.S. stocks rebounded across the board, with the Dow Jones up 238 points, the S&P 500 up 52 points, and the Nasdaq up 290 points. Oil and gold prices rose slightly. Hong Kong stocks opened higher, with technology stocks such as Tencent, Alibaba, and MEITUAN generally rising, and HSBC up 3%. Xiaomi plans to launch new chips annually, while CNOOC received an upgrade but its stock price remained soft

- U.S. President Trump has officially nominated Waller to succeed Powell as the next Federal Reserve Chair, while Fed Governor Mester suggests that further interest rate cuts are appropriate despite the ongoing Middle East conflict's impact being too early to evaluate.  
- The U.S. dollar index fell to 98.69, leading to a rebound in major U.S. stock indices, with the Dow Jones rising 238 points and the Nasdaq adding 290 points.  
- Asian markets also reacted positively, with Japan's Nikkei 225 rising over 4% and South Korea's index increasing by 12%, while notable stocks like Samsung and SK Hynix saw significant gains.

Stheadline

HSBC

HSBC Holdings plc ADRhedged

Global stock markets rebounded, South Korean stocks once rose over 12%, the Hang Seng Index opened up 334 points, HSBC rose 3% | Hong Kong stock market opens

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RSPT

SPTE

SOXX

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SOXL

Xiaomi Group plans to launch a brand new smartphone processor chip every year, demonstrating its ambition to enter the cutting-edge technology field. Xiaomi is also preparing to launch its own artificial intelligence assistant in overseas markets, aiming for cross-platform coverage. The XRing O1 released by Xiaomi last year is a system-on-chip manufactured using 3-nanometer technology, showcasing its capabilities in chip design

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

GTJA Allianz SSE STAR Chip Design Thematic ETF

Invesco S&P 500 Equal Weight Tech ETF

SP Funds S&P Global Tech ETF

iShares Semiconductor ETF

Guotai CES Semiconductor Chip Industry ETF

Direxion Semicon Bull 3X

Lu Weibing: Xiaomi plans to launch new smartphone processor chips every year

Korea pull back is insane, just goes to show how lofty memories valuation are, and how concentrated the index is! Becareful peeps!

Featured

A wild Wednesday unfolds as precious metals crash, AI giants battle, and Apple refreshes its entire MacBook lineup. Here's your essential briefing:

Alphabet

Apple

Alphabet - C

SPDR Gold Shares

iShares Silver Tr

Pro Ultr Silver

GLD SG

CNMC Goldmine

Invesco QQQ Trust

SPDR S&P 500

Meta Platforms

XIAOMI-WR

NVIDIA

Destiny Tech100

Apple Group

🔥 Market Flash: Metals Meltdown, Tech Wars Heat Up | Mar 4, 2026

Xiaomi HK SDR 2to1

The current environment is risk off, even risk protecting assets like gold have appreciated too much in a short time frame. Nothing is really safe now!

The pull back is nothing, you just go to ignore the noise as there's only 1 way tech can go, and that's up in the long run!

BIXIAMI@EC2610A(26556.HK)

USD 125 million investment in NFL, Xiaomi co-founder expands sports investment landscape again

The "Market Review" reports that tech stocks lead the rise in Hong Kong stocks, with JD.com stocks dancing and pharmaceutical stocks climbing

BYD's 'disruptive tech' debuts; Xiaomi's mobile Agent emerges | Daily News Recap---

Hong Kong stocks close | The Science and Technology Index leads with a 3.15% increase, JD rises nearly 10%, and both Tencent and Alibaba rise over 3%