Core Viewpoint - Xiaomi's 15th anniversary event highlighted the launch of its self-developed 3nm flagship processor, the Xuanjie O1, and the SUV model, Xiaomi YU7, indicating a significant step in its ambition to become a leading technology company in the semiconductor space [1][2][4]. Group 1: Chip Development - The Xuanjie O1 processor is designed to compete with Apple's advanced chips, featuring 190 billion transistors and a chip area of only 109mm², achieving a lab score exceeding 3 million [5][8]. - Xiaomi plans to invest 200 billion yuan in R&D over the next five years, doubling its previous five-year investment of 102 billion yuan [4]. - The processor employs a ten-core architecture with a peak performance increase of 36%, and a 16-core GPU that significantly reduces power consumption through dynamic performance scheduling [7][10]. Group 2: Strategic Vision - Xiaomi's founder, Lei Jun, emphasized the necessity of chip development for the company's future, stating that it is a critical challenge that cannot be avoided [2][16]. - The company has committed to a long-term strategy, planning to invest at least 50 billion yuan over the next decade in chip development, acknowledging the high costs and long cycles associated with semiconductor production [16][18]. - Lei Jun reflected on the challenges faced over the past 11 years in chip development, highlighting the perseverance required to achieve their goals [14][18].

最新报价单显示，以旧换新机型覆盖包括iPhone SE第三代在内的24款设备，其中iPhone 12及更新型号最高抵扣金额较此前有所提升。 | 你的设备 | 预估折抵金额1 | | --- | --- | | iPhone 15 Pro Max | 最高达 RMB 5700 | | iPhone 15 Pro | 最高达 RMB 4750 | | iPhone 15 Plus | 最高达 RMB 3775 | | iPhone 15 | 最高达 RMB 3400 | 据苹果官网消息，苹果宣布，即日起至6月18日，换购新iPhone可享额外折抵优惠。 据了解， 活动期间， 额外购新优惠金额50元—400元人民币。其中，用iPhone 12或后续机型来换购新iPhone，预计可享1000元—5700元人民币的折抵 优惠。 | iPhone 13 | 最高达 RMB 1900 | | --- | --- | | iPhone 13 mini | 最高达 RMB 1825 | | iPhone 12 Pro Max | 最高达 RMB 2500 | | iPhone 12 Pro | 最高达 RMB 1900 | | ...

Core Insights - Kunlun Wanwei launched the Skywork Super Agents, which ranks first globally on the GAIA list for its deep research capabilities [1][11] - Lenovo Group reported a revenue of 498.5 billion RMB for the fiscal year ending March 31, 2025, marking a strong year-on-year growth of 21.5% and a net profit increase of 36% to 10.4 billion RMB [1][14] Macro News - The People's Bank of China announced support for the bond market's "technology board," allowing flexible issuance and simplified disclosure for issuers, particularly benefiting equity investment institutions [4] - The China Securities Regulatory Commission reported that as of April 2023, 242 domestic companies have completed overseas listing filings, with 83 being technology firms [5] - The Central Cyberspace Affairs Commission initiated a two-month campaign to address online issues affecting businesses, focusing on malicious attacks and extortion [6] Market Highlights - CATL's stocks will be included in the MSCI China Standard and Large Cap Index starting June 2 [9] - Xinhua Insurance signed a contract for a private equity fund with a total scale of 20 billion RMB, contributing 10 billion RMB [9] - Sany Heavy Industry submitted a listing application to the Hong Kong Stock Exchange [9][2] - Tesla's CEO expressed willingness to license its Full Self-Driving technology to other manufacturers [10] - Gold prices surged, with platinum futures exceeding $1,089 per ounce, marking a nearly 10% increase for the week [10] Company Developments - Xiaomi launched its self-developed 3nm flagship processor and the YU7 SUV, with the processor featuring 190 billion transistors [13] - Honor announced a strategic shift towards becoming a leading AI terminal ecosystem company, planning to invest $10 billion over the next five years [15] - Long-term investment trials for insurance funds have a total scale of 222 billion RMB, with the first two batches already approved [5]

新华财经北京5月23日电四大证券报内容精华摘要如下： 中国证券报 ·连续两周加仓百亿级私募带头冲锋 在经历4月上旬的减仓后，股票私募机构对当前市场逐渐形成共识，仓位指数在75%上方逐渐稳定下 来。值得注意的是，百亿级私募仓位指数连续两周上涨，并且时隔五周后再次突破80%大关。此外，私 募机构也在通过定增等方式，积极参与A股市场投资。展望后市，机构普遍认为，中国资产重估叙事逻 辑在继续加强，以科技创新突破为代表的新经济领域已经展现出蓬勃生机。 ·金价再起波澜资金进场抢筹相关ETF 伴随着国际金价重返每盎司3300美元关口，市场对黄金相关资产的关注度再度升温。5月22日，多只黄 金ETF再度收涨，近一周涨幅已超过5%。值得注意的是，5月21日黄金ETF行情已显著回暖，部分资金 已经进场抢筹，有ETF单日获净流入超过1亿元。多家公募机构认为，避险资金对黄金仍有需求，看好 黄金相关资产中长期配置价值，但该类资产的短期波动可能增大。 ·基金"专业买手"别出心裁一键"打包"ETF渐成新风尚 随着ETF产品供给日益丰富，投资者如何根据自身的投资需求选择合适的ETF产品，成为行业亟待解决 的问题。今年以来，包括中欧基金、平安 ...

Group 1 - Jiangsu High合汽车有限公司 was established with a registered capital of approximately $143 million, primarily engaged in the automotive manufacturing industry, with Lebanese company EV Electra Ltd. holding 69.8% of the shares [3] - Xiaomi's first SUV model, the Xiaomi YU7, is set to launch in July, with CEO Lei Jun indicating that the price will be around 300,000 RMB, contrary to speculations of 199,900 RMB [3][4] - Xiaomi plans to invest 200 billion RMB in research and development over the next five years, expanding its manufacturing capabilities across multiple sectors including chips, smartphones, and automobiles [4] Group 2 - BYD has surpassed Tesla in electric vehicle sales in Europe for the first time, with a 169% year-on-year increase in April, totaling 7,231 new electric vehicle registrations [8] - Tesla's CEO Elon Musk expressed willingness to license its Full Self-Driving (FSD) technology to other automakers, indicating ongoing negotiations with several companies [8] - Xiaomi's CEO Lei Jun revealed that the company has invested 13.5 billion RMB over four years in developing its large chip, highlighting the challenges faced during the process [8] Group 3 - Lenovo Group reported a revenue of 498.5 billion RMB for the fiscal year 2024/25, marking a 21.5% year-on-year increase, with significant growth in its infrastructure and services sectors [12] - 52TOYS has submitted its prospectus for an IPO in Hong Kong, projecting revenue growth from 460 million RMB in 2022 to 630 million RMB in 2024, with a compound annual growth rate of 16.7% [14] - LiDe Health Technology completed nearly 100 million RMB in angel financing to accelerate technology development and market expansion [14]

Group 1 - The Financial Regulatory Administration will approve a third batch of 600 billion yuan for long-term investment reform pilot projects using insurance funds, supporting technological financial innovation [1] - The China Securities Regulatory Commission is intensifying support for high-quality unprofitable technology companies to go public, enhancing the inclusiveness and adaptability of the listing system [1] - The People's Bank of China will conduct a 500 billion yuan Medium-term Lending Facility (MLF) operation on May 23, maintaining liquidity in the banking system [1] Group 2 - The Ministry of Civil Affairs and 19 other departments have jointly issued guidelines to support the social participation of the elderly, with goals set for 2029 and 2035 [1] - The retail sales of home appliances in China have maintained double-digit growth for eight consecutive months, with a 38.8% year-on-year increase in April [1] - The total import and export trade volume between China and Central and Eastern European countries reached 329.68 billion yuan in the first four months of this year, a year-on-year increase of 5.6% [1] Group 3 - BYD's electric vehicle sales in Europe have surpassed those of Tesla for the first time, with a 169% year-on-year increase in new registrations in April [1] - Xiaomi launched several new products at its 15th anniversary event, including a new 3nm flagship processor and plans to invest 200 billion yuan in core technology research over the next five years [1] - The Shanghai Stock Exchange has seen a significant increase in the number and value of mergers and acquisitions since the release of the "M&A Six Articles," with disclosed asset restructuring transactions reaching 146.6 billion yuan [1]

美股方面，三大股指盘初均走低下跌，此后集体强势拉升翻红，此后走势再分化。截至发稿，道指跌0.19%，纳指涨0.52%，标普500指数跌0.07%。 | 代码 | 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | | DJI | 道琼斯工业指数 | 41781.56 | -78.88 | -0.19% | | IXIC | 纳斯达克指数 | 18970.22 | 97.58 | 0.52% | | SPX | 标普500 | 5840.35 | -4.26 | -0.07% | 科技七巨头中，目前仅苹果微跌近0.6%，其余科技巨头均上涨，谷歌大涨超3%。 | 代码 | 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | | GOOG | 谷歌(ALPHABET)-C | 175.936 | 5.876 | 3.46% | | TSLA | 特斯拉(TESLA) | 342.330 | 7.710 | 2.30% | | MSFT | 微软(MICROSOFT) | 458.020 | 5.450 | 1 ...

科技七巨头中，目前仅苹果微跌近0.6%，其余科技巨头均上涨，谷歌大涨超3%。 | ਜਿੱਤਰ | 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | --- | | GOOG | 谷歌(ALPHABET)-C | 175.936 | 5.876 | 3.46% | | TSLA | 特斯拉(TESLA) | 342.330 | 7.710 | 2.30% | | MSFT | 微软(MICROSOFT) | 458.020 | 5.450 | 1.20% | | NVDA | 英伟达(NVIDIA) | 133.140 | 1.340 | 1.02% | | AMZN | TF 3 (AMAZON) | 202.840 | 1.720 | 0.86% | | META | 脸书(META PLATFORMS) | 640.290 | 4.790 | 0.75% | | AAPL | 苹果(APPLE) | 200.910 | -1.180 | -0.58% | 美股方面，三大股指盘初均走低下跌，此后集体强势拉升翻红，此后走势再分化。截至发稿，道指跌0.19%，纳指涨0 ...

以下为晚报正文： 1、央行、证监会等四部门发声，事关科技金融 证监会：支持优质的红筹科技企业回归境内上市； 重要程度：★★★★★ 金融监管总局：近期将批复第三批600亿元保险资金长期投资改革试点。 5月22日，国新办举行新闻发布会，介绍科技金融政策有关情况。科技部、中国人民银行、金融监管总 局、中国证监会有关负责人介绍了下一步金融支持科技创新的举措并回应关切。以下为相关要点： 2、小米发布多款搭载3纳米自研芯片旗舰产品 科技部：创设更大力度、更有突破性、更符合创新规律的科技金融政策工具； 央行：鼓励开发性政策性金融机构为国家重大科技任务提供融资支持； 央行：建设好债券市场"科技板"，持续完善配套的支持机制； 3、商务部再回应美国对人工智能芯片出口管制 重要程度：★★★★ 22日下午召开的商务部例行新闻发布会上，新闻发言人就美国对人工智能芯片出口管制问题进行回应。 商务部新闻发言人何咏前表示，中方已多次阐明立场，美方滥用出口管制，对中国进行遏制打压，违反国 际法和国际关系基本准则，严重损害中国企业正当权益，危害中国发展利益。中方对此坚决反对，将密切 关注美方后续情况，并采取坚决措施维护自身正当权益。 4、央行： ...

5月22日，小米举办15周年战略新品发布会，本次发布会最受市场关注的就是其自研芯片玄戒O1 3nm旗舰处理器和SUV车型小米YU7。 在本次发布会的上半场，小米创始人雷军用了相当长的时间介绍了小米最新的自研芯片。他坦言，这像是"今天交作业，心里多少还是有点紧张"。 从雷军的介绍来看，本次发布的玄戒O1旗舰处理器在多个指标上能与苹果最先进芯片媲美，但同时也有部分指标仍在追赶。 在上半场发布会最后，雷军表示："如果小米想成为一家伟大的硬核科技公司，芯片是我们必须攀登的高峰，也是我们绕不过去的一场硬仗。面对芯片这 一仗，我们别无选择。"雷军称，在硬科技领域，小米是后来者，后来者一开始肯定不完美，总会被嘲笑、被怀疑，但后来者总有机会，"我相信这个世界 终究不会是强者恒强，后来者一定会有机会"。在上半场发布会最后，雷军声音似有哽咽，他充满激情地说："玄戒O1已经开始，开弓没有回头箭，我们 深知这其中的困难，我们做好了准备，无论前方有多少困难，我们都决不放弃，我们一定会坚持下去。虽然跟世界级巨头相比，还有很大的差距，但我始 终相信，只要开始追赶，我们就走在赢的路上。我觉得每个人都会给你说这个事情有多难，不要怕，坚持下去， ...