Core Points - The Hang Seng Index fell by 1.35% on September 26, closing at 26,128.20 points, while southbound funds through the Stock Connect recorded a net inflow of HKD 10.541 billion [1] - The total trading volume for the Stock Connect on September 26 was HKD 160.921 billion, with a net buy of HKD 10.541 billion [1] - In the Shanghai Stock Connect, the trading volume was HKD 101.109 billion with a net buy of HKD 7.366 billion, while in the Shenzhen Stock Connect, the trading volume was HKD 59.812 billion with a net buy of HKD 3.174 billion [1] Trading Activity - The most actively traded stock in the Shanghai Stock Connect was Alibaba-W, with a trading volume of HKD 11.062 billion, followed by Xiaomi Group-W and SMIC, with trading volumes of HKD 7.476 billion and HKD 5.598 billion respectively [1] - In terms of net buy amounts, Xiaomi Group-W led with a net buy of HKD 2.274 billion, despite its closing price dropping by 8.07% [1] - The stock with the highest net sell amount was Xpeng Motors-W, with a net sell of HKD 224 million, while its closing price increased by 5.03% [1] Shenzhen Stock Connect Activity - In the Shenzhen Stock Connect, Xiaomi Group-W had the highest trading volume at HKD 6.471 billion, followed closely by Alibaba-W and SMIC, with trading volumes of HKD 6.439 billion and HKD 3.316 billion respectively [2] - Alibaba-W recorded the highest net buy amount in the Shenzhen Stock Connect at HKD 2.035 billion, despite a closing drop of 3.20% [2] - Xiaomi Group-W also had the highest net sell amount in the Shenzhen Stock Connect, with a net sell of HKD 1.669 billion, closing down by 8.07% [2]

9月26日，理想汽车正式发布新形态五座SUV——理想i6。理想i6全国统一零售价24.98万元，并将于9月27日起正式开启交付。 鲨鱼形态原创设计，越级空间体验 作为新形态SUV，理想i6基于原生纯电架构，致力于用全新设计打破传统SUV造型局限性。理想i6采用一体式鲨鱼形态的原创设计，保证车身侧面简洁无 瑕的同时，带来行业领先的低风阻和低能耗表现。搭配原生双色车身、低窗线和车尾掀背造型设计，让理想i6兼具高级感与运动感。 理想i6车长宽高4950x1935x1655毫米，轴距3000毫米，通过低重心和短前后悬设计，打造超过3.3米超大车内纵向可用空间。理想i6拥有同级领先的座椅舒 适性，全车采用七层材质座椅，标配四座通风、五座加热和前排十点按摩，后排右侧配备皇后座椅。 舒适座椅与越级空间搭配8.8升智能冷暖双用冰箱、21.4英寸3K后舱娱乐屏、铂金音响、侧窗隐私帘等豪华配置，为用户提供多种空间模式。"单人床模 式"下，前排座椅躺倒直接与二排座椅连接，1.83米身高也能轻松平躺，不用床垫也能睡得舒服，搭配座椅加热与按摩功能，用户在车内就能够享受SPA级 按摩体验。"i人空间"功能下，车内侧窗隐私帘打开，同时用户 ...

9月25日，理想汽车通过官微释放品牌代言人悬念，配文"打破条条框框，创造更好的作品。理想，就是 活成自己喜欢的样子。" 伴随这条文案的是一张代言人剪影与理想i6的合照，引发市场广泛猜测。根据网友推测，这位代言人正 是00后百亿影帝易烊千玺。 9月26日，理想汽车正式官宣易烊千玺成为品牌首位代言人，并与当日上市的理想i6新形态五座SUV同 步亮相。 从新车发布到代言人官宣，理想汽车正通过这一组合拳推进品牌年轻化升级，为资本市场讲述一个超越 传统家庭用户圈层的增长故事。这无疑是理想汽车构建文化信任、重塑价值认同的关键支点，也为投资 者提供了审视其用户增长潜力与品牌溢价能力的全新维度。 一、战略转变：从家庭用户到Z世代的必然选择 在此之前，理想汽车以"家庭用车"这一精准定位迅速崛起，从第一台理想ONE到后面的理想L系列，都 延续了主打家庭用车需求的定位。根据QuestMobile数据，40万元以上高端新能源汽车市场中，31-45岁 用户占比近六成。 而随着理想汽车进一步丰富其车型，逐渐形成"4款增程电动SUV+1款旗舰MPV+2款高压纯电SUV"的产 品矩阵。尤其是理想i6的推出，定位25-30万元的纯电SUV，这 ...

Core Points - American Lithium Corp. has signed a binding Water Reservation Agreement with the Town of Tonopah and Tonopah Public Utilities for its wholly-owned subsidiary, Tonopah Lithium Corp., to secure water resources for the TLC Project in Nye County, Nevada [1][4] - The TLC Project is one of the largest lithium-bearing claystone deposits in North America, with a two-phased development approach planned [3][5] - The agreement includes a commitment of $200,000 to support local infrastructure and educational initiatives in Tonopah [4][6] Water Supply Agreement Details - The agreement reserves 900 to 1,250 gallons per minute (1,450 to 2,000 acre-feet annually) of water for TLC, contingent on hydrology and engineering studies [6] - TLC will conduct studies to confirm sustainable pumping rates and will be responsible for constructing necessary water delivery infrastructure [6] - The initial term of the water reservation is three years, with options for up to seven additional one-year renewals [6] Project Development Phases - Phase 1 of the TLC Project aims for a nominal production of approximately 24,000 tonnes per year of lithium carbonate equivalent (LCE) [6] - Phase 2 plans to expand production to a nominal 48,000 tonnes per year of LCE, positioning TLC among the largest lithium operations in the U.S. [6]

Core Insights - The Hong Kong stock market saw a net inflow of 10.541 billion HKD from Northbound trading on September 26, with the Shanghai Stock Connect contributing 7.366 billion HKD and the Shenzhen Stock Connect contributing 3.174 billion HKD [1] Group 1: Stock Performance - Alibaba-W (09988) received the highest net inflow of 5.720 billion HKD, with total trading volume of 11.062 billion HKD, reflecting a net increase of 3.77 billion HKD [2] - Horizon Robotics-W (09660) attracted a net inflow of 8.63 billion HKD, with plans to use proceeds from a share placement to expand overseas market operations and invest in emerging fields [5] - Tencent (00700) saw a net inflow of 7.92 billion HKD, supported by its global digital ecosystem conference focusing on AI and internationalization [5] - Xiaomi Group-W (01810) recorded a net inflow of 6.05 billion HKD, despite a stock price drop following a product launch event [5] Group 2: Market Trends - Northbound trading has shown a strong interest in technology and AI-related stocks, with significant inflows into companies like Alibaba and Horizon Robotics, indicating a growing demand for digital transformation and AI solutions [4][5] - The semiconductor sector faced selling pressure, with SMIC (00981) and Hua Hong Semiconductor (01347) experiencing net outflows of 1.45 billion HKD and 2.12 billion HKD respectively, amid concerns over U.S. government regulations on semiconductor production [6]

Market Overview - The Hong Kong stock market continued its adjustment trend, with the Hang Seng Index closing at 26,128.20 points, down 356.48 points, a decline of 1.35% [1] - The Hang Seng Tech Index fell by 184.08 points, closing at 6,195.11 points, a decrease of 2.89% [1] Company Performance - Morgan Stanley maintains an "Overweight" rating on Xiaomi Group, with a target price of HKD 62, highlighting that the sales performance of the Xiaomi 17 series may exceed expectations, and customized services will be a key competitive advantage for Xiaomi's electric vehicle business [3] - Ideal Auto launched its new pure electric SUV model i6, priced between RMB 250,000 and RMB 300,000, but its stock closed down over 1% [3] - Xiaomi Group's stock fell by 8.07%, closing at HKD 54.65, following a product launch event where CEO Lei Jun mentioned that Xiaomi is one of the most criticized car manufacturers online [4] Sector Performance - The new energy vehicle sector showed mixed performance, with XPeng Motors rising over 5% to close at HKD 90.80, driven by the announcement of humanoid robot patents and a collaboration with Alibaba Cloud on post-quantum security technology [6] - In contrast, tech stocks generally declined, with Alibaba, JD.com, and Kuaishou dropping over 3%, and Tencent Holdings falling nearly 1% [8] - Wind power stocks performed well, with Ruifeng New Energy rising by 6%, while the biopharmaceutical sector weakened, with Rongchang Biopharmaceuticals dropping over 4% [8] Capital Flow - Despite the significant pullback in the Hong Kong stock market, southbound capital continued to buy aggressively, with a net purchase amount of HKD 10.5 billion, marking the third consecutive day of over HKD 10 billion in net inflows [8] Market Outlook - Several institutions believe the current market adjustment is a technical correction, and the medium to long-term positive trend remains unchanged. The liquidity and profit cycles in the Hong Kong market are still improving [10] - Recent U.S. employment data falling below expectations has raised market expectations for interest rate cuts, which may alleviate macro liquidity pressures on the Hong Kong market [10] - Both domestic and foreign capital, including southbound and foreign investments, are showing increased interest in Hong Kong stocks, suggesting a potential for a slow bull market in the medium to long term supported by liquidity improvement and corporate profit recovery [10]

每经记者｜孙磊 每经编辑｜裴健如 9月26日，理想汽车第二款纯电SUV理想i6上市，仅一款配置，售价为24.98万元。对于该车的价格，理想汽车方面表示："理想i6不走低价路线。" 此次理想i6的发布，与理想汽车以往的新车发布相比，呈现出明显差异。一方面，新车直接跳过了小订阶段，直接上市发布；另一方面，与此前强调"家 庭"概念不同，此次发布会更强调理想i6是为年轻人打造的一款车。 理想汽车"最便宜"的纯电车型 "'新形态'理想i6关注年轻一代的自我表达，从'车定义人'转变为'用车去表达自己'，不仅解决年轻用户的出行痛点，更懂年轻人的出行痒点。"理想汽车董事 长、CEO李想认为。 从售价来看，理想i6是目前理想汽车在售产品中，价格最低的纯电车型。这一方面是因为该车尺寸、定位低于理想i8和理想MEGA，另一方面则得益于该车 使用了成本更低的磷酸铁锂电池，从而能够将起售价下探至25万元以下。 "现在的磷酸铁锂电池技术已经非常成熟，搭载了磷酸铁锂电池的特斯拉Model Y和小米YU7都是热销车型。理想i6搭载全新磷酸铁锂电池，CLTC续航达到 720公里，超充10分钟续航500公里。"李想介绍称。 据悉，磷酸铁锂电池在 ...

（文章来源：每日经济新闻） 每经AI快讯，9月26日，香港交易所信息显示，德意志银行在理想汽车-W的持股比例于09月23日从 12.92%升至13.05%。 ...

（文章来源：北京商报） 9月26日，理想i6正式上市，官方售价24.98万元，并将于9月27日起正式开启交付。车身尺寸上，理想i6车长宽高为4950毫米x1935毫米x1655毫米，轴距3000 毫米，并拥有3.3米车内纵向可用空间。外观颜色方面，理想i6提供五种颜色选择，包括标配的珍珠白、外星银、黑武士，以及选装价格6000元的小灰鲨、 云朵黄。 此外，理想i6搭载87.3度的5C超充电池，后驱版本CLTC续航里程720公里，并全车标配Nappa真皮座椅；四座通风、五座加热和前排十点按摩，后排右侧配 备皇后座椅。同时，理想i6还标配全铝悬架、四个高性能液压衬套及CDC连续可变阻尼减振器。该车型还标配AD Max高级辅助驾驶系统，搭载ATL全天候 激光雷达和NVIDIA Thor-U芯片，支持VLA司机大模型。 ...

新车长宽高分别为 4950/1935/1655mm，轴距为 3000mm，定位于中大型 SUV。新车配备前排双躺椅、21.4英寸3K大屏、标配5C超充电池，充电10分钟续航 500公里，CLTC续航720km。 智能化部分，i6搭载自主决策深度思考模型MindGPT，支持自由对话、面容声纹解锁、停车缴费等功能；同时i6上车 VLA司机大模型，全系标配700TOPS算 力的Thor-U芯片和激光雷达。 值得注意的是，9月25日晚，雷军在年度演讲中曾推荐理想i6。 他表示："我们今年年初买了三辆Model Y，一个一个零部件拆，一个一个零部件学的。我觉得Model Y真的是一辆好车。如果各位不选Yu7的话，可以考虑 一下Model Y啊，当然国内别的车也不错，明天晚上理想i6也发布，也可以考虑一下理想i6啊。真的，我其实觉得是我们所有用户的支持，整个新能源汽车 的发展才会越来越强大。" 每日经济新闻综合理想汽车发布会、理想汽车微博 （文章来源：每日经济新闻） 图片来源：理想汽车发布会直播 ● ffEZR T 图片来源：理想汽车发布会直播 9月26日，理想纯电i6正式发布，全系仅一个配置，价格24.98万元，首销期 ...