Core Viewpoint - Xiaomi Group-W (01810) announced a share buyback plan, indicating confidence in its stock value and future prospects [1] Group 1 - The company will spend HKD 101 million to repurchase 2.5 million shares [1]

Group 1 - Xiaomi Group's founder, chairman, and CEO Lei Jun invested over 100 million HKD to purchase 2.6 million shares, increasing his ownership stake to 23.26% [1] - Following this announcement, Xiaomi's stock price surged by 4.35% to close at 40.34 HKD on November 25 [1] Group 2 - Xiaomi announced a stock buyback totaling over 800 million HKD on November 20 and 21, with a total of 21.5 million shares repurchased this year, bringing the total buyback amount to over 2.3 billion HKD [4] - The company reported a total revenue of 113.1 billion RMB for Q3 2025, a year-on-year increase of 22.3%, and an adjusted net profit of 11.3 billion RMB, up 80.9% year-on-year [4] - Xiaomi's electric vehicle and AI segments achieved operational profit of 700 million RMB for the first time [4] Group 3 - Xiaomi has invested over 7 billion RMB in AI this year and has established a team of over 1,800 personnel for smart driving, with R&D centers in Beijing, Shanghai, and Wuhan [5] - The company introduced an upgraded smart driving system at the Guangzhou Auto Show, utilizing a "reinforcement learning + world model" training method to enhance driving capabilities [4]

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 小米集团 (於開曼群島註冊成立以不同投票權控制的有限公司) 呈交日期： 2025年11月25日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | | 不同投票權架構公司普通股 | 股份類別 | B | | 於香港聯交所上市 | 是 | | | | 證券代號 (如上市) | 01810 | | 說明 | | | | | | | | 多櫃檯證券代號 | 81810 | | RMB 說明 | | | | | | | | A. 已發行股份或庫存股份變 ...

Lei Jun Xiaomi Corp. founder Lei Jun’s purchase of about HK$100 million ($12.9 million) worth of company stock may help bolster sentiment in the smartphone maker after shares tumbled more than 30% from the July peak. The announcement, disclosed late Monday, lifted Lei’s stake to 23.26%, and sent shares rallying 4.4%, the biggest one-day jump in two months. Analysts say the move, which is unusual as it involves the founder instead of just the company, underscores efforts to stabilize the stock and limit d ...

Market Overview - The expectation for a Federal Reserve interest rate cut in December has significantly increased, leading to a rise in Hong Kong stocks, with the Hang Seng Index briefly surpassing 26,000 points. The index closed up 0.69% at 25,894.55 points, with a total turnover of HKD 231.49 billion [1] - The Hang Seng Tech Index rose by 1.2%, indicating a positive sentiment in the technology sector [1] Blue Chip Performance - Xiaomi Group-W (01810) saw a notable increase of 4.35%, closing at HKD 40.34, contributing 47.94 points to the Hang Seng Index. Founder Lei Jun invested over HKD 100 million to purchase 2.6 million shares, raising his stake to 23.26% [2] - Other blue-chip stocks like Baidu Group-SW (09888) and Alibaba Health (00241) also performed well, with increases of 4.56% and 4.36% respectively [2] Sector Highlights - Major technology stocks experienced gains, with Baidu and Xiaomi both rising over 4%. AI applications and computing power sectors were particularly active, with Bilibili rising over 5% [3] - Lithium stocks saw a surge, with Tianqi Lithium (002466) increasing by 4.81% and Ganfeng Lithium (01772) rising by 3.46%. The chairman of Tianqi Lithium indicated that global lithium demand is expected to reach 2 million tons by 2026, achieving a balance between supply and demand [4] - Gold stocks generally rose, with Chifeng Jilong Gold Mining (06693) up 4.86% and Zijin Mining (02899) up 1.78%. The probability of a 25 basis point rate cut by the Federal Reserve in December is currently at 81% [5] Flight Cancellations Impact - There has been a significant increase in flight cancellations from China to Japan, with a 56% rise compared to the previous month. This has led to a decrease in ticket bookings by approximately 29% [6] Notable Stock Movements - Longpan Technology (02465) surged by 22.89% after announcing a sales agreement worth over HKD 45 billion for lithium iron phosphate materials [7] - Hesai Technology (02525) rose by 13.43% following the launch of a new high-performance smart control chip [7] - Changfei Optical Fiber (06869) increased by 12.74%, driven by advancements in AI computing power [9] - Shandong Xinhua Pharmaceutical (00719) saw a rise of 7.24% due to increased demand for flu medications during the flu season [10]

Henry 发自 凹非寺 量子位 | 公众号 QbitAI 全球首个自驾+机器人统一基座模型开源了！ 针对自驾与具身操作场景的知识迁移难题，小米汽车 陈龙团队 提出并开源了全球首个打通这两大领域的跨具身（X - Embodied）基座模型 —— MiMo-Embodied 。 MiMo-Embodied 基于 MiMo-VL 架构，通过构建涵盖通用视觉、具身任务及驾驶场景的高质量数据集，并采用包含思维链（CoT）和强化 学习（RL）的渐进式 四阶段训练策略 ，有效打破了室内操作与户外驾驶之间的领域鸿沟。 在实测效果上，MiMo-Embodied在自动驾驶与具身智能共计 29 个Benchmark上均超越了现有的专用模型及通用模型，实现了跨领域的最先 进（SOTA）性能。 无论是开车的环境感知、规划，还是机器人的拿取、导航，主打一个我全都要。 具身与智驾，小米全都要！ 在以往具身/自驾的VLM领域中，往往存在以下问题： 一方面是 缺乏统一的具身VLM(Unified Embodied VLM) 。 现有的视觉语言模型（VLMs）大多专注于单一领域（仅室内任务或仅户外驾驶），缺乏能够连接这两个领域的统一模型。限制 ...

Market Overview - The Hong Kong stock market showed a significant recovery on November 24, with all three major indices ending a streak of declines[9] - Large tech stocks performed strongly, with Kuaishou rising over 7%, and NetEase and Bilibili increasing over 5%[9] - The Hang Seng Tech Index closed at 5,546, up 2.78% for the day and 24.11% year-to-date[3] Sector Performance - Innovative pharmaceuticals and outsourcing concepts saw notable gains, with companies like Innovent Biologics rising over 6%[9] - Military stocks also performed well, with China Shipbuilding Defense up over 13%[9] - Oil stocks were weak, with China National Offshore Oil Corporation and China Oilfield Services both declining over 1%[9] U.S. Market Insights - On the same day, U.S. markets saw all three major indices close higher, driven by increased bets on a Federal Reserve rate cut[9] - The "Magnificent Seven" tech stocks, including Google and Nvidia, all rose, with Google gaining over 6%[9] - The S&P 500 index is projected to achieve double-digit annual growth according to HSBC strategists[14] Economic Indicators - The Federal Reserve is expected to cut rates in December, with market predictions showing a 70% probability[14] - The U.S. economy's third-quarter GDP report has been delayed due to a government shutdown, affecting economic analysis[14] Investment Trends - The Nasdaq Golden Dragon China Index rose by 2.82%, indicating a positive trend for Chinese concept stocks[13] - Significant inflows into semiconductor stocks were noted, with companies like Broadcom surging 11%[13]

点 击 蓝 字 关 注 我 们 目 录 行业信息 政策信息 11、广西壮族自治区能源局第二次就《广西电动汽车充电基础设施建设运营管理办法（征 求意见稿)》征求意见 企业信息 1、宁德时代与海博思创达成 10年战略合作 2、磷酸铁锂价格回暖 技术迭代改变产能结构 3、国产汽车芯片认证审查技术体系实现突破,破解"不敢用、不会用"困境 4、国家能源局：截至 10 月底我国电动汽车充电基础设施（枪）总数达到 1864.5 万个 5、总投资近百亿元,16个新能源产业领域重点项目签约落户常州 6、前 10个月北京新能源汽车产量同比增长 1.5 倍 7、全新问界 M7 交付突破 30000 台 8、国轩高科标准电芯正式量产交付 9、华为乾崑智驾 ADS 高速 L3 解决方案即将启动商用;鸿蒙座舱率先进入 L3 时代 10、华为乾崑 App 发布:支持远控功能与数字钥匙,满足基本用车需求 11、广西柳州:前三季度,全市整车销量 126.5 万辆,同比增长 33.7% 1、峰谷价差 70%! 冀北分时电价调整优化新能源汽车充电成本 2、成都：到 2030年，累计建成电动汽车充电桩 50 万个以上、换电站 200 个以上 3、广 ...

抖音开始整顿无良网红律师了。 法律科普可能是涨粉确定性最高的垂类赛道之一。近年来，越来越多律师、法学教授等法律从业者选择成为一名法律创作者，并涌现出多位垂类顶流。 2023年，"郭庆梓律师"开始在抖音以直播连麦形式为用户提供法律咨询服务。因为经常能遇到各种堪比故事会的奇葩案件，再加上幽默风趣、活人感十足 的普法方式，以及对内容形式的不断创新，"郭庆梓律师"迅速和用户建立信任，不仅吸引到大批法律求助者，还有不少对普法感兴趣的围观群众，这大大 提升了普法的传播度。 近日，抖音发布《抖音社区法律行业公约》和《抖音法律内容创作白皮书》（下文简称"公约"和"白皮书"），不仅进一步明确了法律创作者的行为边界， 还为法律创作者总结了成体系的创作方法论。 这也是法律短视频科普行业的首个平台级规范。 《公约》和《白皮书》发布背后，是抖音平台上的法律认证创作者数量已超过7万人，且呈逐年上升趋势，绝大多数是执业律师、法学学者、公证员等专 业人士。但与此同时，行业内冒充律师身份、编造低俗故事等问题不时出现，不仅伤害了用户信任，也破坏了法律创作者的整体形象和法律科普行业生 态。 现如今，以抖音为代表的内容平台正成为越来越多人学习法律知 ...

智通财经APP获悉，乘联会秘书长崔东树发文称，2025年10月俄罗斯汽车销量达到18.3万辆的水平，同比下降8%，环比9月增35%。1-10月俄罗斯车市的 累计销量119万辆，同比下降23%。2023年中国出口俄罗斯100万辆车，自主的俄罗斯市场销量48万辆，销量是中国自主出口量的48%。2024年中国出口俄 罗斯128万辆车，自主的俄罗斯市场销量107万辆，自主的俄罗斯市场销量是中国自主出口量的84%。2025年1-10月中国出口俄罗斯45万辆车，自主品牌俄 罗斯销量68.5万辆，当地销量是中国出口的152%，终于实现了大幅去库存的走势。 面对俄罗斯的复杂环境，自主品牌多生孩子好打架的战略意义重大。自主品牌的整车官方车口，平行出口、绕道出口、本地化建厂、合资组装等各种模式 齐上阵，大量的品牌群狼作战，实现了很好的效果。规范出口对俄罗斯是不适合的，尤其我们面对是俄罗斯的针对性干扰措施，一定要在复杂的国际关系 下发挥群众优势，实现创新式发展。 中国车企在在俄罗斯加速本土化生产与供应链重构，多项举措改善状态。首先是针对俄罗斯进口关税阶梯式上调深化KD组装模式，建立区域生产基地。 通过本地化生产规避关税并缩短交付周 ...