Hong Kong market quick glance | Three major stock indices closed down, Hang Seng Index fell by 1.19%, Tech Index fell by 1.70%; Cryptos Concept stocks and newly emerging consumer stocks rose against the trend; Xiaomi fell by more than 2%.
Network Technology stocks weakened, with Baidu Group-SW down 4.01% and Bilibili-W down 3.90%; most alcoholic beverage stocks fell, with PALINDA GROUP down 20.00% and HUAYUEXPRESSWAY down 7.06%; sports goods stocks generally declined, with CHINA DONGXIANG down 3.66% and TOPSPORTS down 3.44%;
Humanoid robots will be mass-produced in 2026! Morgan Stanley exclaimed: Xiaopeng's imagination has been unlocked, and other Autos companies are the same.
Morgan Stanley pointed out that Xiaopeng Motors has laid a solid foundation in the field of AI Smart Automobiles, with 70% of its AI technology being shareable, such as the large models for autonomous driving, Turing AI chips, and algorithm simulation platforms. These technologies can be directly transferred from automotive applications to humanoid robots. Coupled with the synergy of the four core capabilities: data, energy, algorithms, and manufacturing, Xiaopeng has a natural advantage of 'from car to human.'
Express News | Alibaba: On May 21, approximately 9.9926 million USD was spent to repurchase 0.644 million shares.
Express News | Xiaomi: Xiaomi's research and development investment will double to 200 billion in the next five years.
BYD's Europe Pivot In Full Swing With New $26,000 Affordable EV Amid Tesla Sales Slump
Is OpenAI's trillion-dollar Market Cap dependent on this? Partnering with the 'father of the iPhone' to create an 'AI companion' device, aiming for shipments of 0.1 billion units by the end of next year.
OpenAI collaborates with Jony Ive, the 'father of the iPhone', to create an AI 'companion' device that is neither a phone nor glasses, shrouded in mystery. OpenAI aims for this device to become a part of daily life. Altman claims they are doing 'the most significant thing in the company's history', and the partnership with Jony Ive is expected to bring a market cap increase of 1 trillion dollars.