Group 1 - Southbound funds net bought Hong Kong stocks worth 65.91 billion HKD on November 19, with notable purchases including Xiaomi Group-W (23.94 billion HKD) and Alibaba-W (20.96 billion HKD) [1] - Southbound funds have continuously net bought Xiaomi for 16 days, totaling 130.5472 billion HKD, and Alibaba for 5 days, totaling 110.96 billion HKD [1] Group 2 - Alibaba-W launched a new AI application "Qianwen APP," which reached the third position in the Apple App Store free applications chart within two days of public testing [3] - Huahong Semiconductor's Q3 2025 performance exceeded guidance, with expectations for steady growth in Q4 2025 due to price recovery and product structure optimization [3] - China National Offshore Oil Corporation (CNOOC) is supported by OPEC+'s decision to pause oil production increases for Q1 2026, which aims to stabilize oil prices [3] - The outlook for the petrochemical sector in 2026 indicates a potential recovery driven by improved domestic demand and export support, with high-quality chemical assets likely to see value reassessment [3] Group 3 - Ganfeng Lithium's lithium carbonate futures contracts have surged past 100,000 CNY, with a nearly 6% increase, marking the highest level since June 2024 [4] Group 4 - Morgan Stanley maintains a cautious outlook on SMIC, while raising the target price to 57 HKD [5]

格隆汇11月19日丨小米集团-W(01810.HK)宣布，公司于2025年11月19日根据2023年股份计划奖励合共 2937万股奖励股份予3,334名选定参与者，包括集团雇员及服务供应商。同日，小米香港根据2024年小 米香港股份计划授出合共50万份小米香港购股权予3名为小米香港集团雇员的小米香港选定参与者。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任 何責任。 XIAOMI CORPORATION 小米集團 （於開曼群島註冊成立以不同投票權控制的有限公司） 股份代號：1810（港幣櫃台）及81810（人民幣櫃台） 根 據 2023 年股份計劃授出獎勵 及 根 據 2024 年小米香港股份計劃授出小米香港購股權 此公告由本公司根據上市規則第17.06A條、第17.06B條及第17.06C條作出。 董事會謹此宣佈，本公司於2025年11月19日根據2023年股份計劃獎勵合共29,366,734股獎 勵股份予3,334名選定參與者，包括本集團僱員及服務供應商。同日，小米香港根據2024 年小米香港股份計劃授出合共496,300份小米香港購股權予3名為小米香港集團僱員的小 米香港選定參與者。 1. 根據2023年股份計劃授出獎勵 於2025年11月19日，本公司根據2023年股份計劃獎勵合共29,366,734股獎勵股份予 3,334名選定參與者，包括本集團僱員及服務 ...

11月19日消息，日前小米公司正式对外宣布，2025年小米"人车家全生态"合作伙伴大会定于12月17日在北京・国家会议中心盛大举行。 图源：微博 本次大会将深度聚焦于软硬件领域的尖端技术与行业未来走向，规划了1个主论坛与9个分论坛。届时小米集团合伙人兼总裁卢伟冰等一众高管，将在主论 坛上发表重要讲话。 值得一提的是，近期新加盟小米、担任MiMo大模型负责人的罗福莉，将在本次大会上迎来她的公开亮相首秀。 11月12日，罗福莉在朋友圈发布动态，正式对外宣告自己已加入小米。 实际上，早在去年底就有消息称当时在DeepSeek任职的罗福莉，被雷军以"千万年薪"的待遇挖到小米。 图源：微博 因那时候小米公司正紧锣密鼓地推进自身GPU万卡集群的搭建工作，旨在进一步加大在AI大模型方面的投入。雷军对AI硬件的发展极为重视，称手机是 AI硬件领域的核心所在，小米必须倾尽全力投入其中。 而在上个月，小米AI团队与北京大学合作发表了一篇聚焦MoE（混合专家模型）与强化学习领域的论文。有趣的是，在这篇论文的署名中出现了罗福莉 的名字，不过她是以"独立研究者"的身份出现在其中。 至于她为何以这样身份出现在论文中，小雷认为可能是为了规 ...

Core Viewpoint - Southbound capital transactions today amounted to approximately HKD 839.46 billion, marking a decrease of about HKD 144 billion from the previous day, the lowest level since May 29, accounting for 39.71% of the total turnover of the Hang Seng Index, which fell further today [2] Group 1: Southbound Capital Flow - Southbound capital recorded a net buy of approximately HKD 65.91 billion today, with net inflows from the Shanghai-Hong Kong Stock Connect at about HKD 24.89 billion and from the Shenzhen-Hong Kong Stock Connect at about HKD 41.01 billion [2] - Over the past month, the total southbound capital flow reached approximately HKD 1,322.25 billion, with HKD 648.54 billion from the Shanghai-Hong Kong Stock Connect and HKD 673.71 billion from the Shenzhen-Hong Kong Stock Connect [5] Group 2: Individual Stock Performance - Xiaomi Group-W (01810.HK) saw a significant net buy of HKD 23.94 billion, despite a drop of 4.81% today, with short-term funds increasing their holdings by 95.87 million shares over the past five days [3][4] - Alibaba-W (09988.HK) experienced a net buy of HKD 20.96 billion and a price increase of 1.16%, although short-term funds have reduced their holdings by 12.02 million shares in the last five days [3][4] - China National Offshore Oil Corporation (00883.HK) had a net buy of HKD 2.53 billion and a price increase of 1.19%, with short-term funds increasing their holdings by 4.23 million shares over the past five days [3][4] - Tencent Holdings (0700.HK) faced a net outflow of HKD 1.04 billion, with a slight price decrease of 0.16%, while short-term funds increased their holdings by 1.52 million shares [3][4] - Pop Mart International (09992.HK) saw a net outflow of HKD 0.60 billion and a price drop of 2.27%, with short-term funds increasing their holdings by 5.40 million shares [3][4]

人民财讯11月19日电，就"公司是不是小米17系列手机的供应商？"问题，长盈精密（300115）11月19日 在互动平台回复称，公司为该系列手机提供屏蔽件产品。 ...

2025.11. 19 本文字数：1542，阅读时长大约3分钟 作者 | 第一财经 罗西 尽管小米集团三季度财报有着不错的表现，但未能扭转市场抛售情绪。 11月19日，小米集团（01810.HK）在2025年第三季度财报发布次日股价遭遇重创，盘中最低触及 38.22港元，不仅跌破40港元关口，总市值也失守1万亿港元。收盘价报38.82港元，下跌4.81%。 财报显示，小米集团三季度总营收1131亿元，同比增22.3%，经调整净利润113亿元，同比增长 80.9%。其中，小米汽车及AI等创新业务首次实现季度盈利7亿元。 截至11月19日收盘，小米集团股价较6月27日61.45港元的年内高点累计跌幅达36.83%。6月26日 晚，小米集团发布小米Yu7，次日股价大幅上涨。而股价下行趋势自9月下旬起加剧，9月25日晚， 雷军发表第六次年度演讲并发布小米17系列等新品，9月26日股价大幅跳水，单日跌幅达8.07%，收 报54.65港元，市值单日蒸发超千亿港元。此后，小米集团股价整体持续走低，截至11月19日收盘， 这一区间（自9月25日至今）跌幅已达34.7%；其中，10月单月市值蒸发超2800亿港元，创下公司 史上 ...

智通财经APP获悉，2025年11月19日当天，小米集团-W(01810)、阿里巴巴-W(09988)、腾讯控股(00700) 位居沪港通（南向）成交额前3位，成交额分别为63.43 亿元、43.48 亿元、23.65 亿元；小米集团- W(01810)、阿里巴巴-W(09988)、中芯国际(00981) 位居深港通（南向）成交额前3位，成交额分别为 42.35 亿元、28.43 亿元、14.45 亿元。 沪港通（南向）十大活跃成交公司 | 公司名称 | 成交金额 | 净买入额 | | --- | --- | --- | | 小米集团-W(01810) | 63.43 亿元 | +21.60 亿元 | | 阿里巴巴-W(09988) | 43.48 亿元 | +9.52 亿元 | | 腾讯控股(00700) | 23.65 亿元 | -8.03 亿元 | | 中芯国际(00981) | 15.48 亿元 | +1.45 亿元 | | 赣锋锂业(01772) | 10.71 亿元 | +1374.86 万元 | | 华虹半导体(01347) | 10.55 亿元 | +2.04 亿元 | | 盈富基金(0280 ...

Group 1 - The core viewpoint is that Xiaomi's President, Lu Weibing, indicated that the rising memory costs are a long-term trend driven by increased demand for HBM due to AI, rather than traditional cyclical fluctuations in the smartphone and laptop industries [1] - Lu Weibing mentioned that due to the rising storage costs, Xiaomi smartphones may see price increases next year [1]

Core Viewpoint - Xiaomi Group reported a significant increase in net profit for Q3 2025, driven by strong performance in its automotive and AI segments, marking a historic high for the company [1] Financial Performance - Revenue for Q3 2025 reached approximately 1131.21 billion yuan, representing a year-on-year growth of 22.3%, marking the fourth consecutive quarter exceeding 100 billion yuan [1] - Adjusted net profit was 113 billion yuan, a substantial increase of 80.9% year-on-year, achieving a record high [1] Automotive and Innovation Segment - Revenue from the smart electric vehicle and AI innovation business segment amounted to 290 billion yuan, showing a remarkable year-on-year increase of over 199% [1] - Within this segment, smart electric vehicle revenue was 283 billion yuan, while other related income contributed 7 billion yuan [1] - This segment achieved its first-ever quarterly operating profit, with a reported operating profit of 7 billion yuan [1] Cost Management and Pricing Strategy - Xiaomi's President, Lu Weibing, indicated that the current rise in memory prices is a long-term trend, and the company has proactively secured supply agreements for 2026 to mitigate supply chain disruptions [1] - The company may consider price increases and product structure upgrades to manage cost pressures in the future [1]