新华网财经·2025-06-04 00:45Core Viewpoints - The Chinese government is promoting the 2025 New Energy Vehicle (NEV) initiative to enhance the adoption of NEVs in rural areas, aiming to improve the overall service environment for electricity and boost local consumption [4][5]. Macro News - The electronic information manufacturing industry in China showed steady growth in production and investment, with a 11.3% year-on-year increase in value added from January to April 2025, outperforming the overall industrial and high-tech manufacturing sectors [3]. - The OECD has revised its global economic growth forecast for 2025 and 2026 to 2.9%, down by 0.2 and 0.1 percentage points respectively from previous estimates [3]. - The National Development and Reform Commission and the National Energy Administration are working to enhance the "access to electricity" service level, aiming for a modernized business environment by 2029 [3]. Market Highlights - The Hong Kong IPO market has seen 29 new listings in 2025, with total fundraising exceeding 76 billion HKD, a sevenfold increase compared to the previous year [7]. - Domestic gasoline and diesel prices were raised by 65 and 60 CNY per ton respectively, effective June 3, 2025, due to international oil price fluctuations [7]. - The global smartphone market experienced only a 0.2% growth in Q1 2025, with Samsung and Apple leading in shipments [8]. - The coal market in China has seen increased production and a decline in imports, leading to a surplus supply and falling prices [8]. Company Dynamics - Xiaomi's founder announced that the company is gradually reducing losses in its automotive business and expects profitability by Q3 or Q4 of this year, with significant investments in autonomous driving technology [12]. - Cixing Co. is planning to acquire a 75% stake in Shenyang Shunyi Technology, focusing on smart control technology [9]. - The company Yantai Taihai has won a bid for a nuclear power project worth 189 million CNY [10]. - The company Apac Holdings has received a notification to supply integrated brake control modules for a new energy vehicle project, with an estimated sales amount of 200 million CNY over four years [10].