Core Insights - Xiaomi Group's Vice President of Mobile and General Manager of Wearables, Zhang Lei, announced the detailed adaptation plan for Xiaomi's Surge OS 3 for wearable devices [1] Group 1 - The announcement highlights Xiaomi's commitment to enhancing its wearable technology ecosystem through the Surge OS 3 adaptation [1]

阿里云栖大会昨日开幕，阿里巴巴AI战略再加码，宣布在3800亿的基础上追加投入，与英伟达合作 Physical AI，并发布七款大模型。 中金公司认为，阿里云具备人工智能时代的全栈能力，从通义大模型等AI服务平台到中国第一的AI基 础设施和计算网络，阿里云具备领先的供给侧优势和开发者黏性，随着AI需求持续发展，阿里云将在 各个维度受益，看好阿里云商业价值的持续释放和对公司估值的持续提振。 今日港股AI延续升势，小米集团-W接力领涨，盘中一度涨逾5%，收涨4.48%；哔哩哔哩-W涨超2%，快 手-W涨逾1%，腾讯控股、美团-W跟涨。昨日大涨9%的阿里巴巴-W盘中一度涨超1%续创四年新高，短 线微调收跌1.15%。 | 序号 | 代码 | 名称 | 两日图 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | --- | --- | | | 1810 | 小米集团-W | | 59.450 | 2.550 | 4.48% | | 2 | 1860 | 汇量科技 | | 20.500 | 0.810 | 4.11% | | 3 | 3888 | 金山软件 | | 36. ...

Group 1 - The Hong Kong stock market indices collectively rose on September 25, with the Hang Seng Tech Index increasing by nearly 1.5% [1] - Chip stocks continued their upward trend, and the non-ferrous metals sector saw widespread gains [1] - The largest ETF tracking the Hang Seng Tech Index (513180) surged nearly 2%, with leading stocks including Xiaomi, Hua Hong Semiconductor, JD Group, Xpeng Motors, Baidu, and Li Auto [1] Group 2 - Lei Jun's sixth annual personal speech titled "Change" is scheduled for September 25, featuring the launch of Xiaomi's new flagship products: Xiaomi 17, Xiaomi 17 Pro, and Xiaomi 17 Pro Max [1] - The new Xiaomi 17 series will feature the Xiaomi Surge OS 3 and will debut the fifth-generation Snapdragon 8 Supreme version, with Xiaomi 17 being labeled as "the strongest standard flagship in history" [1] - Alibaba's Cloud Summit 2025 has sparked bullish sentiment, with expectations for the Hang Seng Tech Index to break upward again [2] - Alibaba's stock price has doubled this year, making it the largest weighted stock in the Hang Seng Tech Index at 9.36% [2] - The potential for continued inflow of southbound funds is anticipated due to the Federal Reserve's interest rate cuts and the strengthening narrative around AI [2]

Core Viewpoint - Xiaomi Group's stock rose over 4% following the announcement of the Snapdragon 8 Gen 2 mobile platform, which is touted as the "world's fastest mobile CPU" [1] Group 1: Product Launch - Xiaomi's founder and CEO Lei Jun confirmed that the Xiaomi 17 series will be the first to feature the new Snapdragon platform, with the official launch scheduled for tonight [1] - The Xiaomi 17 series will include three models: Xiaomi 17 Standard, Xiaomi 17 Pro, and the compact imaging flagship Xiaomi 17 Pro Max, all running on Xiaomi's own operating system, MIUI 3 [1] Group 2: Financial Goals - Daiwa reported that during a non-deal roadshow with Xiaomi's management, the company set a revenue target of 700 billion RMB within three years [1] - Xiaomi aims to increase its annual smartphone shipments by 10 million units to reach 200 million units, contributing 250 billion RMB to mobile business revenue [1] - The company plans to double its IoT revenue to 200 billion RMB and achieve annual electric vehicle deliveries of 1 million units, contributing an additional 250 billion RMB in revenue over the next three years [1]

Core Viewpoint - Xiaomi Group's stock price increased by over 4% following the announcement of the Snapdragon 8 Gen 2 mobile platform, which is touted as the fastest mobile CPU globally, and the upcoming launch of the Xiaomi 17 series smartphones [1] Group 1: Product Launch - Qualcomm officially launched the Snapdragon 8 Gen 2 mobile platform on September 25, which Xiaomi's CEO Lei Jun praised as "indeed strong" [1] - The Xiaomi 17 series will be globally launched tonight, featuring three models: Xiaomi 17 Standard, Xiaomi 17 Pro, and the compact imaging flagship Xiaomi 17 Pro Max, all equipped with Xiaomi's own OS, MIUI 3 [1] Group 2: Financial Goals - Daiwa reported that during a non-deal roadshow with Xiaomi's management, the company set a revenue target of 700 billion RMB within three years [1] - Xiaomi aims to increase its annual smartphone shipments by 10 million units to reach 200 million units, contributing 250 billion RMB to mobile business revenue [1] - The company plans to double its IoT revenue to 200 billion RMB and achieve annual electric vehicle deliveries of 1 million units, contributing 250 billion RMB in revenue over the next three years [1]

Core Viewpoint - Qualcomm has officially launched the fifth-generation Snapdragon 8 Gen 2 mobile platform, claiming it to be the "fastest mobile CPU in the world" [1] Group 1: Qualcomm - The Snapdragon 8 Gen 2 mobile platform is positioned as the fastest mobile CPU globally [1] - Qualcomm's announcement highlights advancements in mobile processing capabilities with this new platform [1] Group 2: Xiaomi - Xiaomi's founder and CEO Lei Jun praised the new processor, stating it is "indeed powerful" [1] - Xiaomi will be the first to launch devices with the Snapdragon 8 Gen 2, specifically the Xiaomi 17 series [1] - The Xiaomi 17 series will officially launch tonight at 7 PM, featuring three models: Xiaomi 17 Standard Edition, Xiaomi 17 Pro, and the compact imaging flagship Xiaomi 17 Pro Max, all running on Xiaomi's self-developed OS, MIUI 3 [1]

Core Insights - Xiaomi's founder Lei Jun expressed the immense pressure of simultaneously venturing into electric vehicles and restarting chip development, likening it to funding two children’s college education at once [2][3] - Despite external perceptions of Xiaomi's success, Lei Jun indicated that every step taken in recent years has been driven by challenges [3] Product Launch and Strategy - Xiaomi will unveil its new flagship smartphone series, Xiaomi 17, during Lei Jun's upcoming annual speech, which is themed "Change" [3] - The Xiaomi 17 series will feature the new Surge OS3 and the fifth-generation Snapdragon 8 chipset, marking a significant leap in Xiaomi's high-end strategy [5] - Over the past five years, Xiaomi has invested over 100 billion yuan in R&D, with plans to double this to 200 billion yuan in the next five years [5] Automotive Business - Xiaomi's automotive venture has seen rapid success, with the cumulative sales of its vehicles reaching 224,800 units by August 2025, achieving 64% of its annual target [5] - The SU7 model sold 19,848 units in August, leading the mid-to-large sedan segment, while the YU7 topped the mid-to-large SUV sales with 16,548 units [5] Chip Development - Xiaomi has made significant strides in chip development, launching the 3nm process-based Xuanjie O1 chip, which is now featured in the Xiaomi 15S Pro and Xiaomi Pad 7 Ultra [6] - The cumulative R&D investment in the Xuanjie chip has exceeded 13.5 billion yuan, with plans for further investment of over 6 billion yuan this year [6] - The roadmap for the next Xuanjie O2 chip is expected to be revealed during the upcoming speech, targeting mobile, tablet, and automotive applications [6] Financial Performance - Xiaomi reported a record revenue of 115.96 billion yuan for Q2 2025, a year-on-year increase of 30.5%, and an adjusted net profit of 10.83 billion yuan, up 75.4% [6] - The growth in revenue is attributed to the simultaneous advancement of its smartphone, automotive, and chip sectors, indicating a solid growth momentum for the company [6]

9月23日，小米智能助手官方微博@小爱同学宣布：全新小米 17 Pro Max手机屏幕采用突破小尺 寸OLED技术瓶颈的「超级像素」、全RGB像素独立排列，总子像素数媲美传统2K屏，较传统2K 功耗降低26%。 图片来源：小米 小米创办人雷军表示，「超级像素」突破了OLED技术瓶颈，每个像素点首次放下了RGB三个子像 素点，显示效果更出色。 小米品牌总经理卢伟冰补充了技术落地的细节：超级像素排列的每颗像素都拥有独立的红、绿、蓝 三色子像素，相比传统OLED，不需要一直借用相邻子像素。小米显示团队历经三年技术预研，在 小米17 Pro Max上终让超级像素得以量产，并以「2K级的显示效果，但功耗甚至低于1.5K」的 表现，开辟了全新的显示技术路线。 据媒体昨日报道，小米手机官方公布了小米17 Pro与小米17 Pro Max的外观，并官宣两款新机将 提供「森野绿」与「冷烟紫」两款全新配色。据介绍，两款新机搭载全新的"妙享背屏"，拥有全 新的交互体验。细节方面，新机采用全新超椭圆R角设计，全系直屏，边框窄至1.18mm。 据悉，全新小米17系列9月25日晚7时发布，此次共推出三款机型，全系产品力跨代升级，搭载小 ...

Core Viewpoint - Xiaomi is set to launch its new Xiaomi 17 series on September 25, featuring significant upgrades across all models, including the new Xiaomi Surge OS 3 [1] Group 1: Product Launch Details - The Xiaomi 17 series will include three models: Xiaomi 17, Xiaomi 17 Pro, and Xiaomi 17 Pro Max [1] - Xiaomi 17 is described as "the strongest standard flagship in Xiaomi's history" [1] - Xiaomi 17 Pro is positioned as "the most exquisite small-sized technology imaging flagship" [1] - Xiaomi 17 Pro Max is touted as "the strongest peak technology imaging flagship in Xiaomi's history" [1] Group 2: Technological Advancements - All models in the Xiaomi 17 series will be equipped with the new Xiaomi Surge OS 3, indicating a significant software upgrade [1] - The announcement emphasizes that the product capabilities have undergone a generational upgrade across the entire series [1]

Core Points - Xiaomi has announced the launch of the new Xiaomi 17 series, which will debut on September 25 at 7 PM [1][2] - The series includes three models: Xiaomi 17, Xiaomi 17 Pro, and Xiaomi 17 Pro Max, each representing significant upgrades in product capabilities [1][2] - All models will feature the new Xiaomi Surge OS 3, indicating a cross-generation enhancement in technology [1][2] Product Details - Xiaomi 17 is described as the strongest standard flagship in the company's history [1][2] - Xiaomi 17 Pro is positioned as the most refined small-sized technology imaging flagship [1][2] - Xiaomi 17 Pro Max is touted as the strongest peak technology imaging flagship ever produced by Xiaomi [1][2]