Core Viewpoint - On January 9, the Hang Seng Index rose by 0.32%, with southbound funds totaling HKD 111.39 billion in trading volume, resulting in a net inflow of HKD 6.81 billion [1] Group 1: Southbound Trading Activity - The total trading volume for southbound funds was HKD 111.39 billion, with buy transactions amounting to HKD 59.10 billion and sell transactions at HKD 52.29 billion, leading to a net buy of HKD 6.81 billion [1] - The Hong Kong Stock Connect (Shenzhen) recorded a total trading volume of HKD 44.30 billion, with net buying of HKD 5.15 billion, while the Hong Kong Stock Connect (Shanghai) had a trading volume of HKD 67.08 billion and a net buy of HKD 1.66 billion [1] Group 2: Active Stocks - Alibaba-W had the highest trading volume among southbound funds at HKD 99.89 billion, but experienced a net sell of HKD 26.22 billion, despite a closing price increase of 2.73% [1] - Tencent Holdings saw a net buy of HKD 14.12 billion, with a closing price decrease of 0.81%, while Xiaomi Group-W had a net buy of HKD 8.70 billion [1] - Kuaishou-W recorded a net buy of HKD 7.76 billion, and Meituan-W and China Mobile faced net sells of HKD 3.67 billion and HKD 3.11 billion, respectively [1] Group 3: Continuous Net Buying - Xiaomi Group-W and Tencent Holdings were the only two stocks with continuous net buying for more than three days, with Xiaomi Group-W having a total net buy of HKD 55.53 billion over seven days, and Tencent Holdings with HKD 42.31 billion over three days [2]

小米集团-W回购明细 | 日期 | 回购股数（万股） | 回购最高价（港元） | 回购最低价（港元） | 回购金额（万港元） | | --- | --- | --- | --- | --- | | 2026.01.09 | 400.00 | 37.920 | 37.740 | 15132.64 | | 2026.01.08 | 500.00 | 38.160 | 38.040 | 19057.99 | | 2026.01.07 | 390.00 | 38.200 | 38.120 | 14883.60 | | 2026.01.06 | 385.00 | 38.900 | 38.860 | 14967.00 | | 2026.01.05 | 380.00 | 39.320 | 39.220 | 14929.13 | （文章来源：证券时报网） 证券时报·数据宝统计，小米集团-W在港交所公告显示，1月9日以每股37.740港元至37.920港元的价格 回购400.00万股，回购金额达1.51亿港元。该股当日收盘价37.820港元，下跌0.53%，全天成交额47.19 亿港元。 自1月5日以来公司已连续5日进行回购， ...

1月9日港股通成交活跃股 | 代码 | 简称 | 类型 | 成交金额（万港元） | 成交净买入（万港元） | 日涨跌幅（%） | | --- | --- | --- | --- | --- | --- | | 09988 | 阿里巴巴-W | 港股通(沪) | 656911.23 | -211364.83 | 2.73 | | 09988 | 阿里巴巴-W | 港股通(深) | 341983.00 | -50799.10 | 2.73 | | 02208 | 金风科技 | 港股通(沪) | 330672.99 | -13002.82 | 3.41 | | 00981 | 中芯国际 | 港股通(沪) | 217367.66 | -17405.68 | -0.73 | | 00700 | 腾讯控股 | 港股通(深) | 209478.00 | 52897.91 | -0.81 | | 03690 | 美团-W | 港股通(沪) | 207505.38 | -21889.97 | -2.48 | | 00700 | 腾讯控股 | 港股通(沪) | 206392.71 | 88300.03 | -0.81 | | 0 ...

Core Insights - The article discusses Xiaomi's current challenges and controversies, drawing parallels with Apple and Tesla's early struggles, emphasizing that innovation often faces skepticism and misunderstanding [1][12][23] - Xiaomi's journey over the past 15 years has been marked by significant achievements despite facing criticism and doubts from the market [2][5][21] Group 1: Xiaomi's Achievements and Innovations - Xiaomi has made substantial progress since its founding in 2010, achieving a market share of 67.5 million units in 2015, becoming the top smartphone brand in China and fourth globally [2][5] - The company is now venturing into new business areas such as chip development, operating systems, AI, automotive, and home appliances, significantly expanding its market footprint [4][12] - Key innovations include the successful development of a 3nm flagship SoC chip, the launch of the SU7 Ultra electric vehicle, and the Xiaomi 17 series, which achieved over 1 million sales in just five days [6][7] Group 2: Controversies and Market Perception - Xiaomi faces various controversies, some based on facts and others stemming from emotions or unfounded rumors, such as claims about its legal team and marketing practices [7][21][22] - The company’s transition from an internet-based model to a high-tech company has led to misunderstandings and skepticism from the market, complicating its efforts to gain acceptance for its innovations [12][18][21] - The article suggests that like Apple and Tesla, Xiaomi must navigate these controversies and prove its value over time, allowing the market to recognize its innovations [23][24]

文 | 数读智车老牛 编辑 | 金 晓 2020年，比亚迪卖了42.6万台车，放到2025年，要排到小鹏之后。 短短5年，比亚迪的销量猛增到454.5万台，复合增长率高达60%。 可即便如此快速的增长，比亚迪仍然迎来了最具焦虑感的一年，不但没能完成业绩指标，还被吉利、上汽、奇瑞、长安等车企疯狂追赶。 这是2025年的一个真实写照，在激荡的竞争中，中国车企正在完成走向全球前的最后积累。 12月短暂回调 政策鼓励还在延续。临近年末，多地仍然在追加汽车销售的补贴，广东、江苏、浙江、湖北、安徽、四川、山东等地进行了消费补贴，总金额超11亿元。 不过，经过长时间的狂奔，12月车企销量进入到短暂的盘整期。 | | 12月 | 合计 | 环比 | 同比 | | --- | --- | --- | --- | --- | | 比亚迪 | 414784 | 4545423 | -13% | -19.4% | | 吉利新能源 | 154264 | 1687767 | -18% | 39% | | 上汽新能源 | 143848 | 1642785 | -31% | -7% | | 特斯拉 | | 1636100 | | | | 长 ...

声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 天眼查资料显示，北京小米移动软件有限公司，成立于2012年，位于北京市，是一家以从事软件和信息 技术服务业为主的企业。企业注册资本148800万人民币。通过天眼查大数据分析，北京小米移动软件有 限公司共对外投资了4家企业，参与招投标项目149次，专利信息5000条，此外企业还拥有行政许可123 个。 作者：情报员 国家知识产权局信息显示，北京小米移动软件有限公司取得一项名为"信息传输方法及装置、通信设备 及存储介质"的专利，授权公告号CN116349360B，申请日期为2023年2月。 本文源自：市场资讯 ...

| 公司名称 | 成交金额 | 净买入额 | | --- | --- | --- | | 阿里巴巴-W(09988) | 65.69 亿元 | -21.14 亿元 | | 金风科技(02208) | 33.07 亿元 | -1.30 亿元 | | 中芯国际(00981) | 21.74 亿元 | -1.74 亿元 | | 美团-W(03690) | 20.75 亿元 | -2.19 亿元 | | 腾讯控股(00700) | 20.64 亿元 | +8.83 亿元 | | 小米集团-W(01810) | 15.80 亿元 | +4.62 亿元 | | 晶泰控股(02228) | 12.15 亿元 | -2.07 亿元 | | 快手-W(01024) | 11.43 亿元 | +5.68 亿元 | | 中国海洋石油(00883) | 10.55 亿元 | -7862.90 万元 | | 中国移动(00941) | 10.28 亿元 | -3.11 亿元 | 深港通（南向）十大活跃成交公司 2026年1月9日当天，阿里巴巴-W(09988)、金风科技(02208)、中芯国际(00981)位居沪港通（南向）成交 额前 ...

Group 1 - The core viewpoint of the article emphasizes that Xiaomi's self-developed 3nm chip marks the beginning of its chip development journey, with the "Xuanjie O1" chip winning the highest award at the 2025 Xiaomi "Ten Million Technology Award" [1] - Lei Jun expressed the importance of continuous technological innovation to ensure Xiaomi's sustained success and commitment to investing 100 billion yuan in core technology research over the past five years, with actual investment reaching approximately 105 billion yuan [1] - Starting this year, Xiaomi has pledged to invest 200 billion yuan in research and development over the next five years, focusing on core technologies such as chips, AI, and operating systems to build a comprehensive ecosystem [1] Group 2 - Lei Jun hinted at a potential breakthrough in technological innovation in 2026, with hopes of achieving a "grand convergence" of self-developed chips, operating systems, and AI models in a terminal product [1]

小米集团-W(01810)发布公告，于2026年1月9日，该公司斥资1.51亿港元回购400万股。 ...

智通财经APP讯，小米集团-W(01810)发布公告，于2026年1月9日，该公司斥资1.51亿港元回购400万 股。 ...