Group 1 - The Dow futures rose by 0.08%, S&P 500 futures increased by 0.27%, and Nasdaq futures gained 0.44% [1] - Spot gold surpassed $4,400 per ounce for the first time, rising over 1.5% to $4,407 per ounce, marking a nearly 68% increase year-to-date [1] - Gold mining stocks saw significant pre-market gains, with Sibanye Stillwater up 3.5%, AngloGold Ashanti up 4.2%, and Newmont Mining up 2.5% [1] Group 2 - Semiconductor stocks mostly rose in pre-market trading, with Micron Technology up about 3%, and AMD, Nvidia, TSMC, and Intel each up around 1% [2] - Uber announced a partnership with Baidu to conduct trials of autonomous taxis in London, with plans to launch a pilot project using Baidu's Apollo Go RT6 by mid-2026 [2] - Italy's competition authority fined Apple nearly €98.6 million for abusing its market dominance related to its "App Tracking Transparency" policy [2] Group 3 - Medtronic's diabetes business, MiniMed, filed for an IPO to raise up to $100 million [3] - GlaxoSmithKline's new drug was approved in China for the treatment of chronic obstructive pulmonary disease (COPD) in adults [3] - A Starlink satellite from SpaceX experienced an anomaly, descending 4,000 meters in orbit, potentially threatening other satellites [3] Group 4 - Cleveland Fed President Beth Hammack indicated that the Federal Reserve does not need to change the current benchmark interest rate range of 3.5% to 3.75% before spring 2026 [4]

12月22日，小米集团宣布小米17 Ultra发布会定档12月25日。此前两天，小米集团总裁卢伟冰在一场直播中明确表态，新一代旗舰机型小米17 Ultra将迎来 价格上调。 谈及涨价原因时，卢伟冰表示，从2022年底至今差不多三年间，AI迎来了爆发式增长。根据整体判断，2025、2026、2027三年都会是内存成本上涨点。 内存价格的猛涨，进而会带来手机成本大幅上升。 此前小米15Ultra发布时，官方曾称这是"最后一次6499元"。卢伟冰直言，当时并没有完全考虑到内存，仅仅是基于处理器成本、相机配置上涨而作出的判 断。而17Ultra更是叠加了内存的上涨，且涨幅远高于处理器、相机等。因此，"小米17Ultra一定会涨价，而且我觉得还要涨得有点多。但是跟内存成本上 涨（比起来），我觉得还是低的。" 小米17 Ultra是小米和徕卡"战略共创模式"下的首款产品，据称将首次推出应用于移动影像领域的徕卡APO认证长焦，在夜景画质、大光比场景细节等方 面有重要突破。 12月22日，港股小米集团收盘报39.80港元，跌1.83%，市值1万亿港元。 | 小米集团-W | | ® Q | | | --- | --- | - ...

Core Viewpoint - The nova 15 series has been launched, setting a new benchmark in the mid-range smartphone market with its comprehensive improvements in design, imaging system, smart experience, communication capabilities, and battery life, starting at an attractive price of 2699 yuan [1][16]. Design - The nova 15 Ultra and nova 15 Pro feature a new "Starry Ring" design, breaking the industry's visual homogeneity with a distinctive "Dazzling Double Star" visual symbol [3]. - The main color "Vibrant Green" combines natural vitality with futuristic aesthetics, making the nova 15 series a fashionable item for young consumers [3]. - The series adopts a sleek flat screen design, with the nova 15 Ultra being only 6.8mm thick, a 12.6% reduction from the previous generation, making it the "thinnest nova ever" [4]. Imaging System - The nova 15 series introduces an unprecedented imaging system, featuring the industry's only front-facing red maple imaging system with over 150 independent spectral channels for rich color reproduction [6]. - The front camera boasts a 50MP large sensor, providing exceptional freedom in composition and maintaining image clarity even in low-light conditions, establishing it as a "selfie portrait king" [6]. - The rear camera of the nova 15 Ultra includes a 50MP variable aperture stabilization lens, a 50MP periscope telephoto lens, and a 50MP RYYB ultra-wide macro lens, covering focal lengths from 13mm to 135mm to meet diverse shooting needs [8]. Software Innovations - New features include a stage mode for automatic scene recognition, AI-assisted composition, and a personalized color card offering various styles, enhancing the user experience in photography and sharing [10]. - AI functionalities such as AI magic image, AI best expression, and AI portrait retouching significantly improve the editing experience, streamlining the process from shooting to sharing [10]. Smart Features and Communication - The nova 15 series, powered by HarmonyOS 6, introduces dynamic business cards and mood text themes, enhancing self-expression for young users [12]. - It supports dual satellite communication and "no-network communication," ensuring reliable communication in outdoor or weak signal environments [12]. Battery Life - The nova 15 Ultra and nova 15 Pro are equipped with a 6500mAh silicon negative electrode battery, claiming up to 23 hours of continuous short video playback and 27 hours of long video playback [14]. - The series supports 100W super fast charging, with the nova 15 Ultra also featuring 50W wireless charging for convenience [14]. Overall Assessment - The nova 15 series is characterized by its trendy design, durable quality, enhanced imaging capabilities, intelligent HarmonyOS experience, comprehensive communication support, and long-lasting battery performance, making it the "strongest nova ever" [16]. - With a starting price of 2699 yuan, it is considered the "most attractive nova ever," catering to both trend-conscious young users and practical consumers [16].

Core Viewpoint - The launch of the nova 15 series is not just a routine product iteration but a significant value statement in the context of an increasingly competitive smartphone market, aiming to redefine the benchmark for new devices with a comprehensive, balanced experience [1][13]. Industry Context - The smartphone market is transitioning from a focus on pure parameter competition to a comprehensive experience value battle, with consumers, especially younger demographics, demanding higher and more personalized standards in design, imaging capabilities, smart experiences, and battery life [3][15]. - Many products in the market tend to excel in one or two areas while compromising in others, failing to deliver a satisfactory and well-rounded experience [3][15]. Product Insights - The nova 15 series addresses industry pain points through a systematic, all-dimensional upgrade based on deep insights into young users' needs, aiming to create a product that excels in imaging, design, intelligence, and battery life [5][15]. - Young users desire to express their unique personalities and aesthetic tastes through their smartphones, seeking high success rates in photography and demanding precise color representation and ease of post-processing [5][17]. Design and Aesthetics - The nova 15 series establishes a deep emotional connection with young users through its aesthetic and individual expression, featuring a new horizontal dual-circle design and a vibrant "Dynamic Green" color, which enhances its distinct appearance [5][17]. - The introduction of dynamic sea name cards allows users to share their design elements as social identity markers, aligning with the spirit of "authentic expression, trend leadership, and individuality" [5][17]. Imaging System - The imaging system is a core highlight of the upgrade, featuring the industry's first dual red maple front and rear cameras, significantly improving light intake and image quality, especially in low-light conditions, achieving high-quality imaging across all scenarios and focal lengths [7][19]. - Innovative features like stage mode and personalized color cards lower the barriers for high-quality image creation, enabling young users to express themselves visually with greater freedom and confidence [7][19]. Smart Experience - The nova 15 series is built around HarmonyOS 6, offering what is described as Huawei's strongest AI photo editing capabilities, including the debut of the AI color adjustment feature, making creative editing intuitive and engaging [9][19]. - The integration of native HarmonyOS applications enhances user interaction, making it smarter and more efficient [9][19]. Battery and Connectivity - The nova 15 Pro and nova 15 Ultra are equipped with a 6500mAh silicon anode battery, the largest in the nova series, combined with 100W super fast charging and the introduction of 50W wireless charging in the Ultra version, alleviating concerns about battery life and charging speed [9][21]. - The device also features a seamless communication capability that expands connectivity options in areas without network coverage, further solidifying its leading position in comprehensive user experience [9][21]. Industry Implications - The launch of the nova 15 series signifies a notable leadership role in the industry, raising the experience benchmark through tangible technological innovations and experience optimizations, challenging the conventional "compromise" mindset in the industry [9][21]. - This shift indicates that future smartphone market competition will focus more on genuine user experiences rather than just individual specifications, potentially initiating a new wave of technological upgrades centered on "experience balance" [9][21]. Conclusion - The "strongest ever" label for the nova 15 series is a result of profound user insights, solid technological innovations, and a distinct brand identity, marking a milestone for the nova product line and potentially becoming a key point in the development of the mid-range smartphone market [12][23]. - By establishing a new benchmark with no significant shortcomings in imaging, intelligence, design, and battery life, the nova 15 series is expected to attract young consumers and elevate market expectations, pushing the smartphone market competition towards a new phase focused on user experience [12][23].

Group 1 - The core point of the article is the official launch of Huawei's thinnest nova smartphone, which measures only 6.9mm in thickness [1] - The smartphone features dual red maple lenses on both the front and back, supporting functions such as offline communication and AI color matching [1] - The device is equipped with a high-capacity silicon negative electrode battery of up to 6500mAh, and the Ultra version introduces 50W wireless charging for the first time [1]

作为双方合作升级后的重点产品，小米17 Ultra在影像配置上迎来关键突破，其一，长焦光学系统将实 现颠覆性创新；其二，夜景画质表现迎来巨大跨越。 卢伟冰回应小米17Ultra价格：一定会涨价 12月22日，今日，小米集团宣布，小米17 Ultra发布会定档12月25日。小米集团总裁卢伟冰在近日举办 的一场直播互动活动中明确表态，新一代旗舰机型小米17 Ultra将迎来价格上调。 小米17 Ultra 12月25日发布 12月22日，小米集团宣布，其与徕卡的影像战略合作升级成果小米17 Ultra发布会定档12月25日19:00。 在近日举办的一场直播互动活动中，卢伟冰谈到了小米17Ultra是否会涨价的话题。卢伟冰表示，从 2022年底至今差不多三年间，AI迎来了爆发式的增长。根据整体判断，2025、2026、2027三年都会是 内存成本上涨点。内存价格的猛涨，进而会带来手机成本的大幅上升。 卢伟冰表示，从此前小米15Ultra发布时，官方曾称这是"最后一次6499元"。卢伟冰直言，当时并没有完 全考虑到内存，仅仅是基于处理器成本、相机配置上涨而作出的判断。而17Ultra更是叠加了内存的上 涨，且涨幅远高 ...

Group 1 - The core announcement is that Xiaomi Group has scheduled the launch event for the Xiaomi 17 Ultra on December 25 at 19:00 [2] - The Xiaomi 17 Ultra will feature significant advancements in imaging technology, including a revolutionary long-focus optical system and substantial improvements in night scene quality [5] - Xiaomi Group President Lu Weibing confirmed that the price of the Xiaomi 17 Ultra will increase, attributing this to rising memory costs and overall increases in production costs [6][7] Group 2 - Lu Weibing noted that the price increase is influenced by a surge in AI technology and memory costs, which are expected to rise significantly in the coming years [6] - He mentioned that the previous model, Xiaomi 15 Ultra, was priced at 6499 yuan, but did not fully account for memory costs at that time, leading to an underestimation of future pricing [7] - The anticipated price increase for the Xiaomi 17 Ultra is expected to be substantial, although Lu Weibing believes it will still be relatively low compared to the overall rise in memory costs [7]

Group 1 - The core point of the article is that Xiaomi's President Lu Weibing confirmed that the new flagship model, Xiaomi 17 Ultra, will see a price increase due to rising memory costs [1] - Lu Weibing expressed concerns about the impact of skyrocketing memory prices on the Xiaomi 17 Ultra, indicating that this has been a significant issue for him recently [1] - He noted that the demand for high-performance computing (HPC) has surpassed that of mobile phones, which were previously the main demand driver for memory [1] Group 2 - Lu Weibing mentioned that there has been no new memory production capacity added in recent years, with new capacity expected only by the end of 2027 [1] - He predicted that the years 2025 to 2027 will see continued increases in memory costs [1] - During the live stream, he highlighted the price increase of desktop memory modules from around 1,000 yuan to over 3,000 yuan, representing an increase of nearly three times [1]

2025 年 12 月 19 日，智通财经独家报道称，字节跳动正在推进与 vivo、联想、传音等硬件厂商的 AI 手机合作，为其设备预装 AIGC 插件，从而获取用户入 口。多位 vivo 员工向智通财经证实，双方已经确认合作，目前正在讨论具体合作细节。雷科技也向字节方面求证相关信息，字节方面表示"可以参考界面报 道，其他信息暂时不做更多披露。" 从过往经验来看，这类"互联网公司+手机厂商"的合作消息并不少见，最终能否落地、规模多大、是否会有实质性产品形态，往往都要打上一个问号。但如 果把这条消息放到字节最近一年的 AI 动作中来看，它显然不是一次孤立尝试，而更像是一条逐渐清晰的长期路线。 问题在于，不做手机的字节，为什么要如此执着地推进 AI 手机合作？ 跟手机品牌合作，字节真正想解决的是什么问题？ 如果只从"入口""流量""预装"这些关键词去理解字节与手机厂商的合作，很容易低估这件事的紧迫性。 从时间点来看，这轮合作恰好发生在豆包手机助手遭遇权限争议之后。不久前，豆包推出实验性质的技术预览手机——豆包 AI 手机 M513，但大量用户反 馈银行等金融服务的 App 提示无法正常使用，随后豆包团队连续发布公 ...

Group 1: Xiaomi Group - Xiaomi Group has launched the MiMo-V2-Flash model, optimizing inference costs and speed, and accelerating the implementation of AI in the physical world across various scenarios including mobile, IoT, and automotive [1][2] - The MiMo model serves as an AI ecosystem entry point, with Xiaomi being the only company to establish a comprehensive ecosystem integrating mobile, automotive, and home [2] - The performance and cost-effectiveness of the MiMo-V2-Flash model are highlighted, with innovations in structure and post-training paradigms enhancing model inference and agent capabilities [2] Group 2: Bubble Mart - The Crybaby exhibition by Bubble Mart will take place in Shanghai from December 20, 2025, to January 25, 2026, with ticket prices set at 109 yuan for regular and 258 yuan for VIP [3] - The exhibition aims to extend the IP lifecycle through ticket sales and social media engagement, enhancing brand presence and increasing touchpoints [3] Group 3: Industry Trends - The pet food and supplies sector is seeing growth, with Petty's New Zealand factory products expected to launch in Q1 2026, potentially improving performance after previous capacity constraints [4] - The silver economy is being supported by a new action plan from various health authorities aimed at enhancing elderly care services [4] - The AI and 3D printing sector is experiencing significant growth, with exports increasing by 89% in quantity and 136% in value year-on-year, indicating a robust industry outlook [4]