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The Central Economic Work Conference was held in Peking, and **** delivered an important speech.
The Central Economic Work Conference was held in Peking, where **** delivered an important speech, Li Qiang gave a summary speech, and ****, ****, Cai Qi, ****, and Li Xi attended the meeting.
Xiaomi Autos is accelerating its overseas expansion and will launch Automotive Business sales in multiple regions.
On December 13, according to 36KR Holdings, from multiple sources it is known that Xiaomi is preparing to launch Autos overseas. Under the group's international department, Xiaomi has established a new sales preparation team for overseas business, with positions such as market research, project management, and electric vehicle after-sales engineers currently being recruited. In the automotive department, Xiaomi's autonomous driving division has added several positions aimed at overseas markets to tackle regulatory validation and functionality implementation of autonomous driving features abroad. It is foreseeable that autonomous driving will be one of the key focuses for Xiaomi's automotive overseas strategy. Insiders have indicated that once the team is formed, Xiaomi will conduct small-scale automotive operations in several regions overseas.
Hong Kong stocks are moving differently丨Xiaomi Group rises nearly 2% against the trend, reaching a new high in this phase, reportedly preparing to expand its Autos business overseas.
Gelonghui, December 13 | XIAOMI-W (1810.HK) saw a momentary increase of 1.74% to HK$32.15 during morning trading, reaching its highest price since February 2021; the stock has risen over 102% this year. On the news front, Xiaomi's subsidiary, Xiaomi Autos, is accelerating its overseas expansion and is reportedly preparing for its overseas business. Media reports state that under the Group's international department, Xiaomi has established a new preparation team for overseas sales business, currently conducting recruitment for positions such as market research, project management, and electric vehicle after-sales engineers. (Gelonghui)
According to Morgan Stanley, consumers in Jiangxi will enjoy a 15% subsidy for buying smartphones and tablets, with other provinces likely to follow. Xiaomi (01810.HK), Sunny Optical (02382.HK), AAC Technologies (02018.HK), BYD Electronics (00285.HK), and
Morgan Stanley released a research report stating that Jiangxi Province announced a subsidy for individual consumers purchasing smart phones and tablets from participating merchants, providing 15% of the product's final fill price as a subsidy, with each subsidy not exceeding 1,000 RMB. The report noted that Jiangxi is the third province in mainland China to announce such a policy and believes that other provinces may follow suit. Morgan Stanley indicated that the subsidy policy will serve as a short-term bullish catalyst for smart phone OEM production and supply chains, believing in the prospects for Xiaomi (01810.HK), Sunny Optical (02382.HK), AAC Technologies (02018.HK), and others.
Morgan Stanley: Jiangxi Consumers purchasing mobile phones and tablets enjoy a 15% subsidy, and other provinces are expected to follow, with companies like Xiaomi Group being the main beneficiaries.
Morgan Stanley released a research report stating that Jiangxi Province has announced a subsidy of 15% of the final Fill Price for individual consumers who purchase Smart Phones and tablets at participating merchants, with each subsidy not exceeding 1,000 yuan. The firm pointed out that Jiangxi is the third province in mainland China to announce such a policy and believes that other provinces may follow suit. The firm stated that the subsidy policy will serve as a short-term Bullish catalyst for Smart Phone OEM production and the supply chain, and believes that Xiaomi Group (01810), Sunny Optical (02382), AAC TECH (02018), and BYD Electric will benefit.
According to reports, Xiaomi's international department has established a new overseas sales Business preparation team and is conducting recruitment for positions.
According to reports from domestic media, XIAOMI-W (01810.HK) is preparing for its Automobiles overseas Business and plans to conduct small-scale sales in various overseas regions. The report indicates that XIAOMI's international department has newly established a "Overseas Sales Business Preparation Group" and is recruiting for positions such as market research, project management, and electric vehicle after-sales engineers, in order to layout the internationalization of New energy Fund automobiles. XIAOMI is also adding multiple positions in its autonomous driving department aimed at overseas markets to address regulatory verification and functionality implementation issues related to autonomous driving features abroad.
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