Tobias

Xiaomi’s stock is trading around HK$53.2, nearing a previous high. Its P/E ratio of 54 indicates strong growth potential. Facing the question of whether to buy, CEO Lei Jun emphasizes Xiaomi’s improving fundamentals and long-term performance, expressing confidence in future growth for long-term investors.

According to IDC’s latest report on China’s Passive Optical LAN market, Huawei remains the market leader for the sixth consecutive year. The study projects steady growth with a 7.3% expansion in 2025 and an estimated RMB 2.52 billion market by 2029. Huawei’s F5G-A all-optical campus solution, featuring 50G PON and Wi-Fi 7, and its AI-powered FTTO Planner are key drivers of this growth.

Ant Group’s “AI Health Guardian” has passed CAICT’s trustworthiness evaluation for large-scale medical health models, confirming its reliability. Launched in September 2024, the AI-powered service provides doctor recommendations, health assessments, and more. It leverages a medical-focused language model and has already served 40 million users, demonstrating successful integration and collaboration within healthcare.

Xiaomi is combating speculation surrounding the pricing of its upcoming YU7 electric vehicle. The company issued a statement dismissing all circulating price estimates as unfounded, urging consumers to await official announcements. Company executives, including Wang Hua, emphasized pricing will only be confirmed just before the launch. Xiaomi also aims for its automotive division to achieve profitability this year, with significant investment in intelligent driving development.

TSMC CEO C.C. Wei, addressing a shareholder meeting, acknowledged the indirect impact of US tariffs. While recognizing potential price and demand fluctuations, Wei remained optimistic about the semiconductor industry, particularly AI chips. He highlighted strong, consistently unmet demand for AI processors and confidently forecast a “very good” outlook for TSMC over the next decade.

A former delivery rider in Shandong province suffered a medical emergency and is in a coma, facing significant medical bills. Despite having moved to a competitor, his previous employer provided financial aid, including an initial 50,000 yuan and an additional 50,000 yuan in assistance, from its Rider Care Program. This program, which has aided thousands and distributed millions in aid, has recently expanded to cover children of riders and a wider range of illnesses.

A woman in Yichuan County, Henan Province, damaged multiple vehicles at an intersection. Videos show her attacking cars, including an EV and an Audi. Local authorities identified the suspect as Ms. Wei, 29. Investigations revealed she was experiencing a mental health episode and has been admitted to a mental health facility, with her family taking responsibility for compensation.

Moonshot AI acquired multiple “Kimi” trademarks from Xiaomi, enhancing its brand strategy. The trademarks, covering communication and advertising services, were registered as early as 2013. This move supports Moonshot AI’s development of its AI assistant, “Kimi,” which is tailored for technical applications. The acquisition signifies a proactive approach to intellectual property, solidifying the company’s position in the AI sector.

Xiaomi’s founder, Lei Jun, revealed strategic updates, hinting at a transformed approach to the EV market. The YU7 model’s pricing deviates from initial speculations. Xiaomi aims for automotive division profitability as early as Q3/Q4, driven by technological innovation. The company invests heavily in AD and chip design to boost competitiveness. Robotics are also making progress, while Xiaomi maintains a 5% profit margin on hardware, signaling disruption in the competitive landscape.

Balenciaga has released a $4,500 women’s skirt resembling men’s boxer briefs, sparking online debate. The stretch knit mini-skirt, part of the 2025 Fall collection, features a low-rise design and the Balenciaga logo. Despite criticism, the skirt is reportedly sold out, mirroring a trend seen with the brand’s controversial $2,700 stainless steel hair clips, which were criticized for their high price compared to similar items elsewhere.