荣耀启动A股IPO；阿里合伙人精简至17人｜南财早新闻

Company Movements - Honor has officially launched its A-share IPO, with the Shenzhen Securities Regulatory Commission approving its listing guidance. If successful, Honor is expected to become the first AI terminal ecosystem company listed in A-shares, reshaping the capital market's AI sector [8] - Alibaba Group reported a revenue of 996.347 billion yuan for the fiscal year 2025, with a net profit increase of 77% to 125.976 billion yuan. The company also announced a reduction in its partnership, with nine partners exiting, leaving a total of 17 [9] - Xiaomi has launched its first SUV, the Xiaomi YU7, starting at 253,500 yuan, achieving over 200,000 pre-orders within three minutes and 289,000 within an hour. Additionally, Xiaomi introduced AI glasses priced from 1,999 yuan [9] - Dongfeng Motor Group announced the establishment of a new company aimed at integrating resources across the entire value chain to accelerate the development of its independent passenger vehicle business [9] - FWD Group plans a global offering from June 26 to July 2, 2025. The company, founded by Li Zeqi in 2013, operates in ten Asian markets and achieved positive operating cash flow for the first time in 2024 [10] - Yushun Technology's founder revealed that the company has over 1,000 employees and annual revenue exceeding 1 billion yuan [11] Investment News - The Hong Kong government released the "Hong Kong Digital Asset Development Policy Declaration 2.0," aiming to position Hong Kong as a global innovation center in the digital asset sector [6] - As of June 24, 2025, 40 institutions have upgraded their licenses to provide virtual asset trading services, including 38 brokerages, one bank, and one internet company [6] - The IPO fundraising amount in the Hong Kong stock market has reached 95.929 billion HKD this year, marking a year-on-year increase of 758.8% [6] - The total scale of stock ETFs has returned to over 3 trillion yuan, reaching 3.05 trillion yuan, the second-highest level in history [6] - The Shanghai Stock Exchange held a meeting to discuss the implementation of the "1+6" policy for the Sci-Tech Innovation Board, aiming to stabilize market expectations and enhance market confidence [6]