Core Viewpoint - Li Auto delivered 41,053 vehicles in March 2026, bringing the total cumulative deliveries to 1,635,357 vehicles as of March 31, 2026 [1] Group 1: Delivery and Production - In March 2026, Li Auto's i6 model saw deliveries exceed 24,000 units as production capacity constraints were resolved [1] - The new generation Li Auto L9 is expected to launch in the second quarter of 2026 [1] Group 2: Technological Advancements - At the NVIDIA GTC 2026 conference, Li Auto unveiled its next-generation autonomous driving foundation model MindVLA and a 3D ViT visual encoder, which can perceive the real three-dimensional physical world [1] - These technologies aim to unify the understanding of geometric and semantic aspects of real physical space, aligning with human-like spatial understanding capabilities [1] Group 3: Infrastructure and Service Network - As of March 31, 2026, Li Auto has established 517 retail centers across 160 cities and 552 after-sales service and authorized service centers covering 223 cities [1] - The company has deployed 4,057 Li Auto supercharging stations with a total of 22,439 charging piles nationwide [1]

Core Insights - The strategic partnership between Sihuan Pharmaceutical (00460) and Baiaosaitu (02315) aims to leverage complementary strengths and expertise in drug development and commercialization to accelerate the research and development of innovative drugs in weight loss and other high-potential disease areas [1][2] - The first project under this collaboration focuses on a new generation weight loss drug that addresses current industry pain points by achieving safe and efficient energy expenditure while maintaining and enhancing muscle mass, thus meeting unmet clinical needs in the global obesity treatment sector [1] Industry Trends - The pharmaceutical research and development industry is undergoing a deep transformation towards artificial intelligence and efficiency, with the integration of AI and automation technologies in antibody drug development becoming an inevitable trend [2] - The "AI + high-throughput" research model is leading a revolution in industry efficiency, effectively shortening the development cycle and reducing costs for antibody drugs, while accelerating the design and screening of first-in-class innovative drugs [2] - Sihuan Pharmaceutical recognizes Baiaosaitu's technological strength and industry position in AI-driven antibody development, gene editing, and model organisms, which will provide comprehensive technical support for the collaborative projects [2]

Core Insights - Lenovo Group aims to achieve over $100 billion in revenue and a net profit margin exceeding 5% by the fiscal year 2026/27, transitioning fully into an AI-native company [1][2] - The company's adjusted net profit margin was approximately 2.7% in Q3 of the fiscal year 2025/26, indicating a potential doubling of this margin in the next two years [1] - There is a noticeable resurgence in global investor interest in Chinese tech stocks, with Hong Kong regaining its status as the largest IPO market, reflecting increased confidence in Chinese tech companies, particularly in the AI sector [1] Financial Performance and Strategy - The acquisition of Infinidat in 2025 is expected to contribute significantly to profitability, with its gross margin projected to be between 70% and 85% [2] - The company is focusing on expanding its presence in smart vehicles, robotics, and agentic AI, which are seen as key growth areas [2] - The three main goals outlined by the company include achieving $100 billion in revenue, improving profitability to over 5% net profit margin, and fully transitioning to an AI-native company [2]

Core Viewpoint - Li Auto reported a year-on-year increase of 12% in vehicle deliveries for March 2026, with a total of 41,053 vehicles delivered [1] Group 1: Delivery Performance - As of March 31, 2026, Li Auto has cumulatively delivered 1,635,357 vehicles [1] - The delivery volume of the Li Auto i6 exceeded 24,000 units in March 2026 [1] Group 2: Product and Market Expansion - The new Li Auto L9 is expected to launch in the second quarter of 2026 [1] - Li Auto operates 517 retail stores and 552 service centers and authorized repair shops across 160 cities in China as of March 31, 2026 [1] Group 3: Charging Infrastructure - The company has established 4,057 supercharging stations with a total of 22,439 charging points in the country [1]

Group 1 - The core announcement is that Standard Chartered Group (02888) plans to repurchase 984,000 shares at a cost of £15.3417 million by March 31, 2026 [1]

Core Viewpoint - Country Garden (碧桂园) announced the issuance of 2.3417 million shares resulting from the conversion of zero-coupon mandatory convertible bonds, which will take effect on April 1, 2026, after a maturity period of 78 months starting from June 30, 2025 [1] Group 1 - The company will issue 2.3417 million shares due to the conversion of mandatory convertible bonds [1]

Core Viewpoint - ASMPT (00522.HK) will hold a board meeting on April 21, 2026, to consider and approve the publication of the unaudited consolidated performance announcement for the three months ending March 31, 2026 [1] Group 1 - The board meeting is scheduled for April 21, 2026 [1] - The purpose of the meeting is to consider and approve the performance announcement [1] - The unaudited consolidated performance announcement will be published on April 22, 2026 [1]

Core Viewpoint - Bosideng (3998.HK) shows strong confidence in its long-term development and commitment to shareholder returns through a recent share buyback program, which is expected to enhance its market competitiveness and corporate image [1] Group 1: Share Buyback and Market Performance - Bosideng announced a share buyback of 2.246 million shares at a total cost of HKD 8.9565 million, with prices ranging from HKD 3.97 to HKD 4.00 per share [1] - The stock price of Bosideng rose by 3% to HKD 4.12 during trading [1] - The proportion of holdings by southbound funds in the Hong Kong Stock Connect increased from 10.43% on March 9 to 11.14% as of March 27 [1] Group 2: Product Development and Financial Outlook - Bosideng's premium product line AREAL, co-created with former Dior and Louis Vuitton menswear artistic director Kim Jones, launched its second season globally on March 26, 2026 [1] - Longjiang Securities noted that the company maintains healthy discounts and inventory levels, sustaining high operational quality [1] - For FY2026, Bosideng's average product price is expected to slightly increase, with continued high-quality discount growth anticipated [1] - The company is projected to maintain a compound medium-high single-digit revenue growth over the next two years [1]

Group 1 - The core point of the article is that Geely Automobile (00175) announced the issuance of a total of 1.0705 million shares due to the exercise of stock options on April 1, 2026 [1]

Core Insights - The company, Li Auto, has achieved a cumulative delivery volume of 1,635,357 vehicles as of March 31, 2026 [1] Group 1 - The cumulative delivery figure indicates strong sales performance and market acceptance of Li Auto's vehicles [1]