XIAOMI(HK:01810) Sou Hu Cai Jing·2025-12-09 13:30Macro Dynamics - The Ministry of Finance plans to issue the 2025 book-entry interest-bearing government bonds, with a total competitive bidding face value of 104.5 billion yuan [1] Company Dynamics - HSBC China has successfully assisted an overseas asset management institution in completing the first QFI commodity futures transaction using government bonds as collateral in the domestic market [5] - China Life announced that its total premium exceeded 700 billion yuan as of November 30, 2025, with the audited total premium data to be disclosed in the annual report [6] - Alibaba has established the Qianwen C-end business group, aiming to develop Qianwen into a super app and an omnipresent AI assistant [11] - Xiaomi Group repurchased 7.2 million shares at a cost of approximately 297 million Hong Kong dollars [12] - Xiamen Airport is planning to acquire 100% equity of Zhaoxiang Technology to address uncertainties in its main airport operations following the planned closure of Xiamen Gaoqi International Airport [13] - LONGi Green Energy has signed a cooperation agreement with EDF Power Solutions for the Longfield photovoltaic project in the UK, supplying 404MW high-efficiency BC components [14] - Tianyuan Dike announced that its chairman, Chen You, has been placed under detention, but the company's operations remain normal and unaffected [15] Market Data - The ChiNext Index rose by 0.61%, with the computing hardware sector showing strong performance, while the Shanghai Composite Index and Shenzhen Component Index experienced slight declines [8] - The financing balance of the two markets increased by 18.57 billion yuan, with the Shanghai Stock Exchange reporting a balance of 1,254.47 billion yuan and the Shenzhen Stock Exchange reporting 1,220.71 billion yuan [9] - The Hong Kong Hang Seng Index fell by 1.29%, with the Hang Seng Tech Index down by 1.9%, particularly affected by declines in the biopharmaceutical and semiconductor sectors [10]