XIAOMI(HK:01810) Sou Hu Cai Jing·2025-06-27 01:36Market Overview - The three major indices opened higher, with Xiaomi's automotive sector leading the gains. As of the market opening, the Shanghai Composite Index was at 3450.69 points, up 0.06%; the Shenzhen Component Index was at 10371.81 points, up 0.27%; and the ChiNext Index was at 2125.85 points, up 0.54% [1] Policy Developments - The National Financial Regulatory Administration and the People's Bank of China jointly released a plan for the high-quality development of inclusive finance, aiming to establish a comprehensive inclusive financial system within five years [2] - The Ministry of Commerce announced a streamlined review process for rare earth export license applications, having approved a certain number of compliant applications [2] - The State Council issued a plan to improve the credit repair system, promoting efficient credit restoration for companies undergoing bankruptcy restructuring [2] - The Central Committee and the State Council released opinions on advancing river protection and governance, with a goal to complete a modern flood prevention and disaster reduction system by 2035 [2] Company Announcements - Xiaomi officially launched its first SUV, the Xiaomi YU7, with prices starting at 253,500 yuan, and reported over 289,000 units in pre-orders within the first hour of sales [3] - Tianfeng International Securities upgraded its trading license to provide virtual asset trading services [4] - Honor Terminal Co., Ltd. has received listing guidance from the Shenzhen Securities Regulatory Bureau, with CITIC Securities as the advisory institution, potentially becoming the first AI terminal ecosystem company listed in A-shares [4] - DreamNet Technology disclosed a restructuring report, planning to acquire 100% of Bicheng Digital for 1.28 billion yuan [5] - Zhifei Biological announced plans to issue bonds up to 6 billion yuan for investments in technological innovation [6] - Ningbo Huaxiang announced that its subsidiary has been commissioned to produce full-size bipedal robots [8] Market Sentiment - Analysts from Zhongyuan Securities noted that the market showed resilience with a steady upward trend, supported by long-term capital inflows and a stable macroeconomic outlook [14] - Dongguan Securities observed a collective pullback in the market indices but indicated a stable upward trend for the Shanghai Composite Index, driven by ongoing growth policies and infrastructure investments [15]