据媒体此前报道，在11月20日鸿蒙智行享界S9新品发布会的最后，余承东官宣"ONE MORE THING"： 鸿蒙智行旗舰MPV马上就要来了。 凤凰网科技讯12月9日，华为余承东携手问界、智界、享界、尊界、尚界五大品牌掌门人做客央视新闻 直播间。在互动中，余承东表示，鸿蒙智行首款MPV智界V9将于2026年春天推出，家用商用都是不错 的选择。 日前，博主"爱叨叨的Steven"分享了鸿蒙智行首款9系MPV伪装车的照片，并透露接下来应该会有一些 新车的消息公布。 据介绍，这款旗舰MPV基于华为DriveONE800V碳化硅黄金动力平台，匹配192线激光雷达、华为巨鲸 电池。同时该车还将搭载电吸电弹前备箱、主副驾双零重力座椅，后排提供双抽屉。 此外，直播中还透露，尚界还将推出两款新车，其中一款为高端轿跑，号称鸿蒙智行最时尚颜值担当。 华为常务董事、产品投资委员会主任、终端BG董事长余承东表示，新车预计明年春天见。 ...

Core Insights - The competition between Xiaomi and Huawei has evolved from smartphone rivalry to a broader ecosystem and industry system contest, particularly in the new energy vehicle (NEV) sector [2][9] - Xiaomi recently celebrated the production of its 500,000th vehicle, achieving this milestone in just 602 days since the launch of its first model, the SU7, marking a record for global NEV companies [6][9] - Huawei's HarmonyOS Intelligent Mobility announced its own achievement of delivering over 1 million vehicles by November 2025, indicating a strong presence in the high-end market with an average transaction price of 390,000 yuan [10][12] Xiaomi's Achievements - Xiaomi's rapid growth in the NEV market is highlighted by the success of its SU7 and YU7 models, which have significantly impacted the domestic market [9][18] - The company has validated its entire vehicle manufacturing and sales system, gaining consumer recognition and entering a new phase of scale [6][9] Huawei's Achievements - Huawei's HarmonyOS Intelligent Mobility has positioned itself as a strong competitor in the high-end market, breaking the dominance of traditional luxury brands [10][12] - The average transaction price of 390,000 yuan for HarmonyOS vehicles indicates a shift in consumer perception, valuing technology and experience over mere cost [12][18] Competitive Dynamics - The rivalry between Xiaomi and Huawei is characterized by a series of announcements that showcase their respective achievements, fueling public interest and market competition [9][12] - Both companies have made significant strides in the NEV sector, with Xiaomi's rapid production and Huawei's strong market positioning leading to a reassessment of their competitive strategies by industry peers [9][10] Differentiated Strategies - Xiaomi adopts a self-research approach to vehicle manufacturing, integrating its consumer electronics success into the automotive sector, while Huawei focuses on ecosystem empowerment through partnerships with traditional automakers [16][18] - The contrasting strategies reflect their core strengths, with Xiaomi emphasizing efficiency and consumer accessibility, and Huawei leveraging its technological expertise in ICT [16][18] Future Outlook - The ongoing competition is expected to drive further advancements in the Chinese smart electric vehicle industry, with both companies facing unique challenges and opportunities [13][18] - The ultimate market choice between Xiaomi and Huawei's differing models will shape the future trajectory of the NEV sector [18]

Market Overview - The Hang Seng Index is expected to find short-term support around the 100-day moving average at approximately 25,600 points due to a hawkish stance from the Federal Reserve and ongoing uncertainties in the US-China trade relations [2] - The recent meeting between the US and Chinese leaders has led to a temporary easing of tensions, but core issues remain unresolved [2] - China's economic slowdown in Q3 has prompted the government to focus on expanding domestic demand and promoting technological self-reliance [2] Macro Focus - China is reportedly considering new support policies for the real estate sector, including interest subsidies for housing loans [4][10] - The government has announced a maximum funding of 400 million yuan to support 50 cities in developing new consumption models [10] - The US added 119,000 non-farm jobs in September, exceeding expectations, while the unemployment rate slightly increased to 4.4% [10] Corporate News - NetEase reported a 27% increase in adjusted profit for Q3, meeting expectations, but revenue growth of 8% fell short [5][11] - ByteDance's valuation has reportedly risen to $480 billion following a competitive auction for shares [11] - Xiaomi has produced its 500,000th vehicle in just 19 months, marking a significant milestone for the company [11] Sector Insights - The insurance sector is expected to benefit from strong investment returns in Q3 due to robust A-share performance [9] - Coal stocks are anticipated to see upward price momentum for thermal coal [9] - Lithium industry stocks are optimistic about a recovery in lithium carbonate demand, with supply and demand expected to balance [9]

（文章来源：第一财经） 11月20日，余承东在鸿蒙智行享界S9新品发布会上表示，鸿蒙智行首款旗舰MPV即将登场。这款MPV 是鸿蒙智行在9系旗舰体系下推出的首款MPV产品。记者了解到，鸿蒙智行首款MPV落地智界，基于鸿 蒙智行最高端平台打造，搭载鸿蒙最新座舱、鸿蒙智行ADS高阶智驾，将推出纯电和增程两个动力版 本。 ...

Market Overview - The Shanghai and Shenzhen stock indices opened lower on November 19, with the Shanghai Composite Index closing at 3946.74 points, up 0.18%, and the Shenzhen Component Index at 13080.09 points, down 0.00% [1] - The ChiNext Index rose 0.25% to close at 3076.85 points, while the STAR Market Index fell 1.13% to 1578.39 points [1] - The total trading volume for the Shanghai market was approximately 720.9 billion yuan, and for the Shenzhen market, it was about 1005 billion yuan [1] Sector Performance - A surge in water product stocks was noted, with Guolian Aquatic Products hitting a 20% limit up, and several other stocks like Zangzi Island and Dahu Co. reaching around 10% limit up [1] - Significant gains were observed in sectors such as shipbuilding, military trade concepts, and precious metals, while sectors like oil, insurance, non-ferrous metals, and daily chemicals also saw notable increases [1] - The Hainan Free Trade Zone, composite copper foil, and media entertainment sectors experienced the largest declines [1] Institutional Insights - Jifeng Investment Advisory noted that the overall market trend remains upward, with a focus on high-performing sectors like semiconductors, consumer electronics, AI, robotics, and low-altitude economy for mid-term investment opportunities [2] - Huatai Securities highlighted a turning point in capital expenditure growth in the chemical raw materials sector, predicting a new round of recovery driven by domestic demand and export support [2] - Dongwu Securities reported a surge in demand for AI data centers and a shift in energy storage policies, indicating a focus on leading equipment manufacturers in the battery sector [2] Regulatory Developments - The National Standard for the use of recycled materials in household appliances was approved, set to take effect on May 1, 2026, promoting green and low-carbon development in the industry [3] Electric Vehicle Infrastructure - As of October 2023, China has 18.645 million electric vehicle charging facilities, marking a 54% year-on-year increase, with public charging facilities reaching 4.533 million [4] - The total rated power of public charging stations is 203 million kilowatts, with an average power of approximately 44.69 kilowatts [4]