#雷军回应网传小米二手车崩盘#【#雷军说个别车商为蹭流量又哭又闹#】小米创办人，董事长兼 CEO 雷军2月1日晚在北京亦庄举行科普直播，揭秘新一代 SU7 的研发过程，并聊到最近几件小米汽车比较 热门的事。记者从直播获悉，雷军透露，前一段时间，SU7 二手车事件在网络上引起了轩然大波，个 别二手车商为了蹭流量又哭又闹的，说小米二手车崩盘了。雷军对此拿出了中国汽车流通协会和精真估 联合发布的"2025 年度中国汽车保值报告"，并解释道："小米 SU7 的 2025 年度纯电车型一年保值率是 86.05%，（保值率）排名第一位，是保值率最强的电动汽车。所以我也不太理解那么多二手车商突然 冒出来，欢迎大家在看到时帮我们举报一下。并且现在网上也有很多记者实地去二手车行采访，小米 SU7 在各家的流动速度、保值率方面都表现很出色。而且在过去几年里，小米 SU7 在各家的保值率都 排在第一位，例如保时捷 Taycan 当时是 80.66%，特斯拉 Model S 是 81.72%，而小米 SU7 是以 86% 的 保值率获得了第一名。"（荆楚网 看度新闻） ...

Market Performance - The Hang Seng Index (HSI) fell by 580 points or 2.08%, closing at 27,387 points[1] - The National Index dropped by 235 points or 2.5%, closing at 9,317 points[1] - The Hang Seng Tech Index decreased by 122 points or 2.1%, closing at 5,718 points[1] - Total market turnover was 301.612 billion HKD[1] Currency and Economic Indicators - The RMB/USD central parity rate was adjusted up by 93 pips to 6.9678, the highest since May 16, 2023[1] - The People's Bank of China conducted a 477.5 billion RMB reverse repo operation at a rate of 1.4%[1] - The manufacturing PMI for January 2026 fell to 49.3, below the market expectation of 50, indicating a decline of 0.8 percentage points from the previous month[2] Sector Performance - The Shanghai Composite Index closed down 40 points or 1%, at 4,117 points, with a turnover of 1.27 trillion RMB[2] - The Shenzhen Component Index fell by 94 points or 0.7%, closing at 14,205 points, with a turnover of 1.57 trillion RMB[2] - The ChiNext Index rose by 41 points or 1.3%, closing at 3,346 points, with a turnover of 726.1 billion RMB[2] Corporate Earnings Forecasts - China National Building Material (03323.HK) expects a loss of 2.3 to 4 billion RMB for the year ending December 31, 2025, compared to a profit of 2.387 billion RMB in 2024[4] - China Shenhua Energy (01088.HK) anticipates a net profit of 50.8 to 55.8 billion RMB for 2025, a decrease of 10.6% to 18.6% year-on-year[4] - CICC (03908.HK) projects a net profit of 8.542 to 10.535 billion RMB for 2025, representing a year-on-year increase of 50% to 85%[6]

芯片股跌幅居前，华虹半导体跌超10%。周一，三星、SK海力士下跌。据媒体报道，三星、SK 海力士 与美光三大原厂已纷纷收紧订单审核，对客户进行更严格的尽职调查——包括核实终端用户身份、确认 实际需求数量，甚至质疑订单真实性，以应对因部分客户超额下单或囤货而可能引发的后续市场波动。 新浪合作大平台期货开户 安全快捷有保障 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 责任编辑：郝欣煜 2月2日消息，港股三大指数低开低走。截至午间收盘，恒生指数跌2.4%，报26730.78点，恒生科技指数 跌3.68%，国企指数跌2.71%。盘面上，科网股普跌，哔哩哔哩跌超4%，百度、网易、快手、阿里巴巴 跌超3%，小米、美团跌超2%；黄金股继续下跌，山东黄金跌超10%；汽车股走弱，小鹏汽车跌9%；芯 片股跌幅居前，华虹半导体跌超10%。 | 名称 | | 昌新价 | 涨跌额 | 涨跌幅 へ | | --- | --- | --- | --- | --- | | 恒生科技指数 | Wh | 5507.77 | -210.41 | -3.68% | | 800700 | | | | | | 国企指数 | | 9 ...

Core Viewpoint - The article discusses the evolving landscape of the electric vehicle (EV) market, emphasizing the need for sustainable sales strategies beyond initial hype and the importance of establishing a strong value proposition for long-term success [6][54]. Group 1: Market Dynamics - The EV market has seen a surge in new models, but success is often measured by initial sales figures and year-end rankings, which can be misleading [6][7]. - Traditional "internet celebrity cars" tend to follow a parabolic sales curve, peaking shortly after launch and then declining, relying on short-term marketing and product appeal [11][12]. - The article identifies three new models that have successfully navigated the market, showcasing different strategies for sustained sales [12]. Group 2: Case Studies of Successful Models - **Xiaomi SU7**: Achieved peak sales of nearly 30,000 units in March 2025, supported by Xiaomi's extensive user base and effective marketing. However, it faces the challenge of maintaining interest beyond initial hype [15][16]. - **Xpeng MONA M03**: Launched in August 2024, it quickly reached over 10,000 units in sales within three months and maintained monthly sales between 10,000 and 16,000 units, capitalizing on a key price segment and offering advanced features [18][20]. - **AITO M8**: Experienced a "deep squat and jump" sales pattern, stabilizing at over 20,000 units monthly by summer 2025, benefiting from Huawei's technology integration and brand recognition [23][24]. Group 3: Challenges and Market Positioning - The article highlights the importance of establishing a "value anchor" in consumers' minds to ensure long-term sales, as seen with models like Li Auto L6, which despite a decline, remains a top seller due to its defined market position [28][29]. - Models in the competitive 200,000 to 300,000 yuan price range face significant challenges, with many struggling to differentiate themselves in a crowded market [31][32]. - The **智界 R7** and **享界 S9** illustrate the difficulties faced by models that fail to establish a unique market position, leading to declining sales despite technological backing [34]. Group 4: The Importance of Sustainable Sales - The article emphasizes the existence of "low-profile long runners" that, while not flashy, maintain steady sales through balanced product offerings and precise market positioning [36][38]. - Models like **零跑 C10** and **腾势 D9** demonstrate the effectiveness of a stable sales strategy, contributing significantly to their brands' overall performance [41][43]. - The need for a healthy product matrix is highlighted, as brands that rely solely on a single "hit" model face increased risks in a competitive environment [51]. Group 5: Emerging Market Rules - The article outlines new market rules where "smart equality" becomes a baseline requirement, and the importance of a comprehensive product matrix is emphasized for risk mitigation [51][52]. - The concept of "value for money" has evolved to include total ownership costs, making it a critical factor in consumer decision-making [51]. - The success of models like AITO is attributed to deep collaboration between technology providers and manufacturers, contrasting with less effective loose partnerships [52].

Core Insights - The domestic new energy vehicle market experienced a significant decline in January 2026, with all nine major manufacturers reporting a month-on-month drop in deliveries averaging 38%, with the highest decline exceeding 47% [1][2] - However, year-on-year performance showed a stark contrast, with leading brands like Zeekr and NIO nearly doubling their deliveries, while brands like Xpeng and Li Auto faced declines of 34.1% and 7.6% respectively, highlighting a widening gap between top and smaller brands [1][2] Group 1: Market Performance - The nine major manufacturers saw month-on-month delivery declines ranging from 21.2% to 47.0%, indicating market volatility due to policy adjustments and changes in consumer behavior [2][5] - Leading brand Homologous Intelligence maintained the highest delivery volume at 57,915 units, despite a 35.4% month-on-month decline, showcasing a year-on-year growth of 65.6% [2][3] - Xiaomi's deliveries exceeded 39,000 units, with a month-on-month drop of 22.3% but a year-on-year surge of 70%, indicating strong market acceptance [2][3] Group 2: Brand-Specific Insights - NIO and Zeekr emerged as the "dual engines" of year-on-year growth, both exceeding 95% growth, with NIO delivering 27,182 units (up 96.1% year-on-year) and Zeekr delivering 23,852 units (up 99.7% year-on-year) [3][4] - Li Auto and Xpeng faced challenges with year-on-year declines, with Li Auto delivering 27,668 units (down 7.6%) and Xpeng delivering 20,011 units (down 34.1%) [4][5] - Leap Motor and Lantu maintained steady growth, with Leap Motor delivering 23,591 units (up 63.9% year-on-year) and Lantu delivering 10,515 units (up 31.3% year-on-year) [4][5] Group 3: Market Dynamics and Future Outlook - The decline in January sales is attributed to short-term factors such as policy changes, seasonal demand fluctuations, and inventory management by dealers, with a forecasted 40% month-on-month drop in national retail sales of new energy vehicles [5][6] - Despite short-term pressures, the long-term growth trajectory for the new energy vehicle industry remains intact, with projections of 19 million units sold in 2026, representing a 15.2% year-on-year increase [6] - The market is expected to stabilize post-policy transition, with new product launches and supportive measures from local governments anticipated to drive recovery in February and March [6]

Group 1 - The domestic passenger car market is expected to remain flat year-on-year in January 2026, but show a significant month-on-month decline, with new energy vehicle (NEV) sales under pressure, leading to a penetration rate of approximately 44.4% [1] - January is the last complete sales month before the Spring Festival, with retail sales expected to reach 1.8 million units, averaging 58,000 units per day, which is flat year-on-year but shows a notable month-on-month decline [1] - The sales performance varies significantly among brands, with some achieving high growth due to popular models, while others face challenges, particularly in the pure NEV segment [2] Group 2 - Brands with popular models, such as AITO and Xiaomi, have seen significant year-on-year sales growth, with AITO's sales reaching 58,000 units (+65.6%) and Xiaomi's at 39,000 units (+70%) [2] - Traditional fuel vehicles provide short-term support for some brands, with GAC Group, Great Wall Motors, and SAIC GM showing year-on-year sales growth of 18.5%, 11.6%, and 8.2% respectively [2] - The industry outlook for 2026 is optimistic regarding high-end development and overseas market expansion, with key players setting ambitious overseas sales targets [3]

亚洲虚拟现实XR产业展览会（AWE Asia 2026）于2月2日至4日在新加坡举办 山西省第十四届人民代表大会第五次会议于2月2日召开 今年APEC第一次高官会于2月1日至10日广州举行 今日有1505亿元7天期逆回购到期 中国2月2日起对威士忌酒实施5%的进口暂定税率 今日关注 新股申购：易思维（688816科创板）、爱得科技（920180北交所） 2026年春运自2月2日启动，至3月13日结束 芝商所CME再上调金银交易保证金：黄金保证金率从6%升至8%，白银从11%升至15% 数据公布：美国1月ISM制造业PMI、欧元区1月制造业PMI终值 本周全球市场大事不断！国内方面，沪市首份2025年年报将披露；光伏、脑机接口等多个产业会议召 开；中国1月外汇及黄金储备数据将于2月7日公布。国际方面，欧美多国1月PMI数据、美国非农就业报 告将陆续出炉；欧洲央行、英国央行将公布利率决议；日本众议院选举定于2月8日举行；谷歌、亚马逊 等科技巨头将发布最新财报。此外，芝商所将调升黄金和白银期货交易保证金，上期所同步跟进；"AI 大战"进入白热化，巨头动向备受关注。 上周五市场 沃什获美联储主席提名引爆鹰派预期，全球 ...

Core Viewpoint - The company, Tongda Power (002576.SZ), has not established a direct partnership with Xiaomi and has not engaged in related business for motor core components as of now [1] Group 1 - The company is actively seeking to expand its quality customer base and business opportunities [1]

Group 1 - Epstein's will includes $288 million in assets and properties distributed to at least 44 beneficiaries, with his girlfriend receiving $50 million in cash, a 33-carat diamond ring, and several properties, including Little Saint James Island [3][4] - The U.S. Department of Justice released over 3 million pages of documents related to Epstein's case, including his will signed shortly before his death in prison [4] - Epstein was previously convicted in 2008 for soliciting minors for prostitution and was arrested again in 2019 for sex crimes before his death, which was ruled a suicide [4] Group 2 - White Elephant launched a promotional campaign offering 2,026 custom 1-gram gold bars as prizes, starting from December 20, 2025, with the event running until March 31, 2026 [5][7] - The campaign has generated significant social media attention, with users attempting to use metal detectors to find gold bars in the noodle cups, although the company advises against this [7] - The promotional activity is described as a random surprise, and the exact probability of winning is not calculable due to production uncertainties [5] Group 3 - Xiaomi's car deliveries in January 2026 exceeded 39,000 units, a decline of over 20% from the previous month, attributed to the discontinuation of the first-generation SU7 model [8][9] - The production capacity is now focused on preparing for the new generation of models, with the transition from SU7 to YU7 underway [9] Group 4 - International gold prices experienced the largest single-day drop in 40 years on January 30, 2026, leading to significant volatility in the market [10] - The rapid decline in gold prices is seen as a correction of previously overheated market sentiments, causing concerns among investors and suppliers about the availability of gold materials [10] - Retail gold jewelry prices in China dropped by 20 to 40 yuan per gram, prompting consumer demands for refunds and raising discussions about return policies [12] Group 5 - Legal disputes have arisen regarding gold return policies, with some retailers reportedly charging fees for returns, which has led to consumer rights discussions [11][12] - Lawyers have indicated that return policies must be clearly communicated, and excessive fees may be deemed invalid under consumer protection laws [12]

Group 1: Federal Reserve and Economic Impact - President Trump nominated former Fed governor Kevin Walsh as the next Fed Chair, which is expected to pass Senate confirmation easily, leading to a collective drop in US stock indices and a rebound in the dollar and US Treasury yields [1][2] - The probability of the Fed maintaining interest rates in March is 84.7% [3] Group 2: Geopolitical Developments - The US government is partially shut down, with House Speaker Johnson expressing confidence in securing enough votes to end the shutdown by Tuesday [4] - Signals of negotiation between the US and Iran have emerged, with a potential meeting in Ankara later this week [5] - Iran's parliament speaker announced that European military forces would be considered terrorist organizations, while Iran's Supreme Leader warned that a US-led war would trigger regional conflict [6] Group 3: Market Reactions and Commodity Prices - Precious metals experienced a historic drop, with gold falling 9.45% to $4,865.35 per ounce, marking the largest single-day decline in nearly 40 years, and silver dropping 26.77% to $84.7 per ounce, the largest since 1980 [15] - Global exchanges have raised margin requirements for precious metal futures, with the CME Group increasing margins for gold and silver futures effective February 2 [16] - Major Chinese banks, including ICBC and CCB, have adjusted their gold accumulation business and issued investment risk warnings [17] Group 4: Corporate Developments - Apple completed a $2 billion acquisition of Israeli AI startup Q.ai, betting on the integration of "sensors + AI" technology [12] - Anta Group acquired a 29.06% stake in German sports brand Puma for €1.5 billion, becoming its largest single shareholder [13] - LVMH invested €1 billion to increase its stake in the Italian luxury brand Loro Piana to 94%, achieving full control over the brand [14] Group 5: Market Performance - The Indonesian Composite Index fell 6.94% from January 26 to 30, leading to the resignation of the president of the Indonesian Stock Exchange and the chairman of the Financial Services Authority [18] - Indian markets faced significant losses in metal stocks and precious metal ETFs, with the NIFTY metal index dropping over 5% and precious metal ETFs declining over 10% [19] - US stock index futures opened lower on February 2, with Nasdaq futures down over 1% and S&P 500 futures down 0.6% [20]