Xiaomi built an EV, Apple couldn't. How? Join Bloomberg reporters discuss the strategy and what this means for global players like Tesla in a Live Q&A on July 7 at 11am HKT/ July 6 at 11pm ET https://t.co/aFMbecq4qT https://t.co/ZwWudMJ2c7 ...

Xiaomi said it had received more than 289,000 orders for its new sport utility vehicle within an hour of its announcement, more than its first EV https://t.co/i2QGvOPP3v ...

🚨 NEWS: Xiaomi CEO to YU7 buyers stuck waiting:“If you urgently need a car, the Tesla Model Y is also worth considering.” 👀$TSLA https://t.co/t7K5qKzZmH ...

AI & Technology - Google: Gemini is favored to win in AI, benefiting YouTube and Google Cloud; Waymo's automation potential is not fully valued; Sergey Brin's return is noted [1] - Alibaba: Impressed with their AI (Qwen), considered a top 3 AI lab in China [2] - Tencent: Owns the largest social network in China, a great business with founder-led management, also considered a top 3 AI lab in China [2] - Xiaomi: A pure play on EVs, especially with Elon Musk's focus shift; offers great inexpensive cars; behind on FSD but expected to catch up in a couple of years; founder-led [2] Healthcare & Pharmaceuticals - Eli Lilly: GLP-1 drugs may cure chronic diseases beyond fat loss; the market is too big to ignore; based in the US, which has a large chronically unhealthy population; has been consolidating for a year [2] Investment Strategy - Avoiding US tech stocks generally due to valuation, but Google is reasonably priced [1] - Investments in stocks are to force attention to interesting things [2]

Core Insights - Xpeng is maintaining strong sales momentum with 34,611 car deliveries in June, marking its eighth consecutive month of over 30,000 deliveries, despite intense competition from BYD and others in the Chinese electric vehicle market [1][2] Industry Overview - The electric vehicle price war in China has intensified, leading to government criticism of excessive competition, with President Xi Jinping calling for better governance of low-price competition [3] - BYD remains the dominant player in the market, with June sales reaching 377,628 vehicles, contributing to a total of 2.1 million vehicles sold in the first half of the year [13] Competitor Performance - Xpeng's competitors have shown mixed results: - Zeekr reported 16,702 deliveries in June, down 11.7% month-over-month and 16.9% year-over-year [4] - Nio delivered 24,925 cars in June, showing slight growth due to its premium and lower-priced brands [4] - Li Auto delivered 36,279 vehicles in June, a decline of 11.2% from May, but exceeded its second-quarter guidance with 111,074 total deliveries [5] - Xiaomi reported over 25,000 electric car deliveries in June, with significant demand for its new YU7 SUV, which is priced lower than Tesla's Model Y [8][9] Market Dynamics - Tesla's sales in China are estimated at approximately 128,000 units for Q2, down 12% year-over-year, facing pressure from new model launches by Chinese brands [10] - Tesla's market share in China's new energy vehicle segment has slightly declined, with retail sales just over 200,000 vehicles in the first five months of the year [11] - Leapmotor and Aito reported strong growth with record deliveries of 48,006 and 44,685 cars respectively in June [12] Future Outlook - Analysts predict that BYD, Xiaomi, and Geely are likely to survive potential industry consolidation, while Nio may face risks due to financial challenges despite having a strong product lineup [14]

thats not true tho bc stocks have been straight up, most of the best performing ones have made new all time highsrobinhoodnvidiacoreweaverocket labpalantirxiaomicoinbaserobloxoff top of my headRook OTB (@RookOTB):@blknoiz06 It’s not priced in it’s just the summerVolume as a whole has been on a decline coming into the summerI believe a large growth in the space will occur in the fall ...

Investment Rating - The report does not explicitly provide an investment rating for the stablecoin industry or specific companies involved in it. Core Insights - The stablecoin market has seen significant growth, with total market capitalization increasing from approximately US$3 billion in 2019 to over US$230 billion by 2Q25. The market is projected to reach US$2 trillion by 2028, with potential estimates as high as US$3.7 trillion by the end of the decade [8][10][20]. - The Hong Kong SAR government aims to establish the city as a global hub for digital assets, with stablecoins being a crucial component of this strategy. The development of stablecoins is expected to facilitate various payment scenarios, including cross-border transactions and digital financial asset transactions [1][20]. - Key players in the stablecoin ecosystem include issuers, exchanges, custodians, payment channels, blockchain networks, and brokers, each with distinct roles and monetization strategies [14][18]. Summary by Sections Market Overview - The stablecoin market is currently dominated by fiat-backed stablecoins, with USDT and USDC capturing 66% and 26% of the market share, respectively [8][9]. - The growth prospects for stablecoins are closely tied to the adoption of digital assets in various payment scenarios, including B2B, B2C, and C2C transactions [1][20]. Regulatory Framework - The report outlines similarities and differences between stablecoin regulations in the US and Hong Kong, emphasizing the need for regulatory supervision and adequate consumer protection [18][19]. - Hong Kong's Stablecoin Bill is set to take effect on August 1, 2025, with the Hong Kong Monetary Authority (HKMA) as the primary regulator [19]. Utilization and Features - Potential features of Hong Kong's stablecoins include being primarily referenced to HKD, maintaining liquid and low-risk reserve assets, and requiring all ecosystem players to be licensed [23][24]. - Key use cases for stablecoins in Hong Kong include facilitating digital asset transactions, trade finance, and cross-border payments [24]. Company Involvement - Companies such as Standard Chartered, Futu, ZhongAn, and JD.com are actively participating in the stablecoin ecosystem, with various strategies to secure licenses and develop digital asset solutions [25][30][31]. - The report notes that only Futu and Standard Chartered have initiated monetization efforts, with digital asset revenue contributions currently being immaterial but expected to ramp up upon obtaining relevant licenses [26][32]. Equity Implications - The rising adoption of stablecoins is anticipated to benefit companies in the communications services and discretionary sectors, particularly e-tailing platforms, while traditional payment service providers may face declining transaction volumes [34].

🚨BREAKING: Xiaomi’s CEO congratulates Tesla on its first FSD deliverySays, “We must keep learning” Tesla is setting the pace https://t.co/sf8krDmG0c ...

Core Insights - Xiaomi hosted its "Human x Car x Home" ecosystem launch event on June 26, unveiling three key products: Xiaomi YU7, foldable phone MIX Flip 2, and Xiaomi AI glasses, indicating a significant expansion in its automotive ambitions and premium consumer technology execution [1][2] Group 1: Xiaomi YU7 - The starting price of Xiaomi YU7 is RMB 253.5k, which is largely in line with market expectations, and it achieved 289k preorders within the first hour, significantly exceeding the 89k preorders of SU7 in the first 24 hours [1][2] - YU7 models (Standard/Pro/Max) feature an extended range, with the Standard model offering 835km and the Max model achieving 0-100 km/h in 3.23 seconds, positioning YU7 among top-tier electric SUVs [2] - The pricing strategy for YU7 is competitive against brands like Tesla Model Y and Li L series, with expectations of positive market reaction and potential upside to the estimated 360k EV shipments in FY25E [2] Group 2: Xiaomi AI Glasses - Xiaomi's AI glasses feature a D-shaped frame, a 12MP camera, and Qualcomm's AR1 SoC, powered by HyperAI LLM, marking a step into next-gen personal AI [3] - The battery capacity of Xiaomi AI glasses is 64% higher than that of Meta AI glasses, and the integration of XiaoAI enables real-time translation, AI summarization, and IoT control [3] - The expected price range of RMB 1,999-2,999 aligns with market expectations, reinforcing Xiaomi's AI ecosystem strategy [3] Group 3: Other Product Launches - Xiaomi also released the second-generation foldable smartphone MIX Flip 2, along with REDMI K80, Pad 7S Pro 12.5, Watch S4 41mm, Smart Band 10, and open earphones Pro [4] - In the smart home category, new products include a high-speed hair dryer Pro, Vacuum-Mop M40 S, wireless floor scrubber 4 Max, and Mi home air conditioner Pro [4] - The company reiterates a BUY rating with a target price of HK$65.91 [4]

Core Insights - Xiaomi launched the YU7 car, priced at $35,000, which has garnered over 289,000 orders within the first hour of its launch, indicating strong market demand [1][2] - The YU7 is positioned to compete directly with Tesla's Model Y, which starts at $36,760, and Xiaomi's CEO Lei Jun emphasized the company's intent to challenge Tesla in the market [2][4] - Following the strong order demand for the YU7, Xiaomi's stock rose 8% to a record high, reflecting investor confidence in the company's growth potential in the EV sector [3][6] Company Performance - Xiaomi's stock has increased by 72% this year, driven by robust sales of the SU7 sedan, success in the smartphone market, and expansion into home appliances [6] - The YU7 is Xiaomi's second vehicle, following the SU7, which has consistently outsold Tesla's Model 3 in China since December [5] Market Dynamics - The launch of the YU7 contributes to the ongoing price war in the EV market, with Chinese manufacturers like Xiaomi, BYD, Nio, and Xpeng undercutting Tesla's prices and gaining market share in both China and Europe [4][5] - Analysts suggest that the YU7's specifications and performance may allow it to capture market share from the Model Y, indicating a competitive landscape for EVs [4]