Group 1 - The automotive stocks have collectively risen, with notable increases in companies such as Xpeng Motors, Li Auto, and Leap Motor, reflecting positive market sentiment [1] - In April, several automakers reported significant year-on-year growth in vehicle deliveries, with Leap Motor leading the new forces with a 173% increase, followed by Xpeng Motors at 273% and NIO at 53% [1] - The overall retail sales of new energy vehicles in China for April reached 728,000 units, marking a 24% increase year-on-year, while the cumulative retail sales for the year reached 3.148 million units, up 33% [1] Group 2 - Recent analysis indicates that the impact of increased tariffs by the U.S. on Chinese automotive exports will be minimal, as exports to the U.S. are projected to be only 116,000 units in 2024, accounting for less than 2% of total exports [2] - The 2025 Shanghai Auto Show, along with local consumption promotion policies and increased travel demand during the May Day holiday, is expected to boost automotive consumption [2]

Group 1 - The core viewpoint is that Daiwa Capital Markets has reduced the target price for ASMPT (00522.HK) to HKD 68 and has lowered its net profit forecast for the company [1] Group 2 - The adjustment in target price reflects a more cautious outlook on ASMPT's financial performance amid changing market conditions [1] - The revision in net profit estimates indicates potential challenges the company may face in maintaining profitability [1]

关于港股后市 港股开盘，恒生指数高开0.33%，恒生科技指数高开0.48%。雨润食品涨超11%，比亚迪股份、香港交易 所、阿里巴巴、理想汽车、中芯国际、小米集团涨超1%。 平安证券指出，以DeepSeek系列大模型为代表的国产大模型性能已可比肩海外领军大模型，且成本更 低。大模型在我国已应用于端侧、教育、金融、办公、传媒、医疗、智能汽车、企业服务等多个应用场 景。德邦证券表示，在我国AI应用政策高度持续提升和以DeepSeek为代表的AI技术创新持续突破的情 况下，2025年"人工智能+"有望迎来黄金发展时期，加快AI技术深入场景，实现应用的规模化落地。 高盛称，工商银行(01398)、中国银行(03988)、建设银行(00939)、农业银行(01288)及邮储银行(01658)五 间内地大型国有银行首季拨备前利润及净利润均略逊预期，其他大型国有企业银行净利润亦同比下跌约 2%至4%，除农行外大多数内银贷款增长都未如预期强劲，相信将引发投资者对于全年度派息能否维持 的关注。 本文转载自腾讯自选股，智通财经编辑：陈雯芳。 光大证券认为当前恒生指数估值处于中等偏低位置，而恒生科技指数估值正处于历史低位，从估值角度 ...

Core Viewpoint - Meilan Airport's shares rose by 6.88% following the announcement of a significant share transfer, indicating positive market sentiment towards the upcoming change in control [1] Group 1: Share Transfer Details - Haikou Meilan International Airport is transferring 50.19% of its shares to Hainan Airport for a total consideration of 25.2 billion HKD, which equates to a price of 10.62 HKD per share [1] - After the completion of the transfer, the offeror and its concert parties will collectively hold 52.05% of the company's equity, necessitating a mandatory general offer [1] Group 2: Offer Price and Market Reaction - The mandatory cash offer price for each H share is set at 10.62 HKD, representing a premium of 10.63% over the last trading day's closing price [1]

汇丰控股(00005.HK)下跌2%，此前汇丰主席杜嘉祺宣布2025年底前退休。 ...

港股黄金股持续回落 潼关黄金跌超8% 智通财经5月2日电，截至发稿，潼关黄金(00340.HK)跌8.40%、赤峰黄金(06693.HK)跌7.45%、灵宝黄金 (03330.HK)跌3.15%、山东黄金(01787.HK)跌2.63%。消息面上，现货黄金跌破3230美元/盎司，日内跌 0.25%。 ...

Core Viewpoint - CICC has raised its adjusted net profit forecasts for Xiaomi Group for 2025 and 2026 by 4.6% and 3.8% to CNY 40.197 billion and CNY 54.743 billion respectively, maintaining a target price of HKD 70, indicating a potential upside of 40.1% from the current stock price [1] Group 1: Financial Performance - The adjusted net profit for Q1 2025 is expected to grow by 53.03% year-on-year, with revenue projected to increase by 44.85% to CNY 109.37 billion [2] - Xiaomi's smartphone shipments are expected to rise by 3% year-on-year to 41.8 million units globally, with a 40% increase in the Chinese market, leading to a revenue growth of 8.3% to CNY 50.327 billion [3] - IoT revenue is anticipated to grow by 52% year-on-year to CNY 30.968 billion, with a gross margin increase of 3.68 percentage points to 23.5% [4] Group 2: Automotive Business - The delivery of the Xiaomi SU7 is projected to reach 76,000 units in Q1 2025, generating revenue of CNY 18.18 billion, with a gross margin increase of 0.76 percentage points to 21.2% [5] - The company expects a 192% year-on-year growth in automotive shipments in 2025, reaching 400,000 units, driven by the sales of SU7 Ultra and the upcoming launch of YU7 [5]

零跑汽车(09863.HK)涨3.23%，4月以超四万辆的交付，连续第二个月摘得销量冠军。 ...

Core Insights - The article highlights the impressive sales performance and profitability of Leap Motor, marking it as a significant player in the competitive automotive industry, particularly in the electric vehicle sector [1][4][33] Sales Performance - Leap Motor achieved a monthly delivery of over 40,000 units, with a gross margin of 13.3%, making it the third global and second domestic new energy vehicle company to turn profitable [1][4] - Cumulative sales exceeded 700,000 units by April 2025, with expectations to reach one million units in the second half of the year [4] Stock Performance - The company's stock price has surged nearly twofold over the past six months, leading the Hong Kong stock market's new energy sector [6][12] - Founders and key stakeholders have significantly increased their shareholdings, demonstrating confidence in the company's future [8][12] Global Expansion - Leap Motor's B series, including the B01 and B10 models, debuted at the Shanghai Auto Show, targeting the 15-35 age demographic and aiming for global market penetration [16][19] - The company plans to localize production in Europe and Southeast Asia by 2026, with a target of 50,000 to 80,000 units in overseas sales this year [19][20] Strategic Positioning - Leap Motor focuses on the mainstream domestic passenger car market, avoiding direct competition with established luxury brands, which allows for a strategic advantage [27][31] - The company emphasizes high cost-performance ratios and self-research capabilities, with 65% of vehicle components developed in-house [31][32] Market Adaptability - The company has shown agility in responding to market demands, successfully launching models that resonate with consumer preferences [32] - Leap Motor's growth trajectory reflects a commitment to technological innovation and value creation, positioning it as a formidable competitor in the evolving automotive landscape [33]

《科创板日报》2日讯，数科集团控股有限公司在香港暂停交易。 ...