3C - TechWire

17:37

                            JPMorgan increased its long position in Lenovo Group to 6.09%.
                        
                            According to the Hong Kong Stock Exchange, JPMorgan's long position in Lenovo Group Limited increased from 5.98% to 6.09% on October 22, 2025.
                        
15:28

                            Xiaomi Ecosystem Company Qingmei Technology's Dishwasher Smart Manufacturing Project Starts Construction
                        
                            On October 24th, a series of events were held in Zhangjiagang High-tech Zone (Tangqiao Town), including the groundbreaking ceremony for the dishwasher smart manufacturing project of Xiaomi's ecological chain company, Qingmei Technology, and the signing ceremony for the personal care small appliance smart manufacturing project of Xiaomi's ecological chain company, Xiaobei Technology. According to reports, the Qingmei Technology dishwasher smart manufacturing project has a total investment of 500 million yuan, with a planned annual production capacity of 500,000 dishwashers; the Xiaobei Technology personal care small appliance smart manufacturing project has a total investment of 500 million yuan, and once fully operational, the annual production capacity is expected to reach 15 million units.
                        
13:18

                            Hongxin Electronics: Exclusively provides a full set of circuit board solutions for Xiaomi Iron Egg Robot
                        
                            On October 24th, Hongxin Electronics stated on its interactive platform that it is highly focused on the opportunities presented by AI in applications such as robotics. The company successfully provided a complete circuit board solution exclusively for the Xiaomi Iron Egg robot. The company boasts industry-leading technical expertise in this field and believes it is well-positioned to seize the enormous industrial opportunities presented by the future development of robotics. Currently, FPCs, with their unique flexibility and bendability, are being used in key areas such as robot joint connections, sensor placement, and battery connections. The company will continue to increase its R&D investment in embodied intelligence, exploring the application of flexible electronics and computing power in embodied intelligence, and reserving core technologies for further business growth.
                        
12:25

                            Xiaomi Auto launches purchase tax subsidy program
                        
                            To address unexpectedly high order volumes and delayed deliveries, Xiaomi Auto has launched a purchase tax subsidy program. Owners who lock in their orders before November 30, 2025, will receive a purchase tax subsidy if their vehicle is delayed in 2026 due to issues at Xiaomi Auto. This subsidy applies to models such as the Xiaomi SU7 and YU7 series. The subsidy is provided through a reduction in the final purchase payment, with a maximum limit of 15,000 yuan, ensuring that owners do not incur additional expenses due to changes in purchase tax policies.
                        
09:11

                            Lei Jun responds to Xiaomi K90 pricing
                        
                            Lei Jun posted on Weibo in response to the pricing issue of the Xiaomi K90 mobile phone, saying that the price of memory has increased too much and hoped that consumers can understand Xiaomi's pricing decision.
                        
13:04

                            Foxconn's energy storage project enters mass production, with an annual production capacity of 3GWh
                        
                            On October 21st, Foxconn's energy storage brand, Foxconn Energy, held a production launch and new product launch event at Zhengzhou Airport Economic Zone. Once Foxconn's energy storage project reaches mass production, its annual production capacity will reach 3GWh.
                        
18:24

                            Market news: Foxconn has commissioned banks to prepare for its first Eurobond issuance.
                        
14:44

                            Wang Teng resigns from Xiaomi Home branch
                        
                            The Tianyancha app shows that Xiaomi Home Commercial Co., Ltd.'s Zhengzhou Branch No. 9 recently underwent a business registration change, with Wang Teng stepping down as head of the company and being replaced by Cheng Guang. Wang Teng is also currently associated with Xiaomi Technology Co., Ltd.'s Zhengzhou branch. According to media reports, Wang Teng was previously dismissed by Xiaomi for serious violations of regulations and discipline, including leaking confidential company information and engaging in conflicts of interest.
                        
13:35

                            Foxconn Technology Group's share price closed up 5.3% at NT$238.50.
                        
10:59

                            Foxconn Technology Group's shares rose 5.5% to NT$239.00.
                        
13:02

                            Xiaomi Group (01810.HK), a Hong Kong-listed company, fell more than 3% in the afternoon, with a turnover exceeding HK$6.2 billion.
                        
18:26

                            Hong Kong Stock Exchange Announcement: Xiaomi Group (01810.HK) repurchased 4 million Class B shares for HK$191.8 million on October 16.
                        
18:26

                            HKEX Announcement: Xiaomi Group repurchased 4 million Class B shares for HK$191.8 million on October 16
                        
                            Hong Kong Stock Exchange Announcement: Xiaomi Group repurchased 4 million Class B shares for HK$191.8 million on October 16.
                        
18:20

                            Morgan Stanley: Xiaomi's strategy is effective and gives it an "overweight" rating
                        
                            Morgan Stanley published a report stating that the Xiaomi 17 series smartphones achieved first-day sales and revenue exceeding all-time records for domestic brands in the same industry by 2025. Another surprise was that the top-end model, the 17 Pro Max, accounted for over 50% of first-day sales, indicating that Xiaomi's share of the high-end smartphone market may be increasing at a faster pace. Based on initial feedback, the innovative rear-screen design has successfully attracted consumers. Morgan Stanley believes that this sales achievement demonstrates the effectiveness of Xiaomi's strategy, which includes focusing on optimizing the user experience in high-end model designs; strengthening its offline distribution network to lay the foundation for high-end market penetration; and enhancing the appeal of high-end products through differentiated features (such as the rear-screen). The bank has an "overweight" rating on Xiaomi with a target price of HK$62.
                        
14:52

                            Zhejiang Shibao stated on the interactive platform that the company is the steering intermediate shaft supplier for Xiaomi Auto.
                        
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Weekly Highlights

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