The long delivery cycle of Xiaomi SU7 has given rise to "order scalpers" who sell at a premium on the second-hand market.

Currently, the waiting period for Xiaomi autos orders has reached 8 months, causing some consumers to give up on placing orders. There are also "order scalpers" selling near-delivery orders, and second-hand zero-kilometer cars are still being sold at a premium.

cls.cnJun 15 15:41

Hong Kong Market Watch: The Hang Seng Index fell nearly 1%, Shimao Group rose more than 10%, and Haitong Securities rose more than 5%.

Shipping stocks performed well, with cosco ship port rising nearly 5% and cosco shipping holdings rising nearly 3%; network technology stocks generally fell, with Meituan, Alibaba, and jd.com falling by about 2%; pharmaceutical stocks collectively declined, with zai lab falling more than 6%, and tigermed and wuxi apptec falling more than 5%.

Futu NewsJun 14 16:23

Hong Kong stock market noon report: the three major indexes fluctuated downward, with the technology index falling nearly 1% and barely holding 3,700 points; mainland real estate stocks rose rapidly, while shimao group surged more than 19%.

In the morning session of the Hong Kong stock market, the three major indexes fell collectively. The Hang Seng Index fluctuated repeatedly at the critical level of 18,000 points, with a 0.67% drop. The Guozi and Hang Seng Technology indexes fell by 0.52% and 0.91% respectively, and the Hang Seng Tech Index narrowly held the 3,700-point level.

Futu NewsJun 14 12:07

Futu Morning Post | Apple overtakes Microsoft and regains first place in global market capitalization; Adobe surged more than 15% after the market

Tesla shareholders support Musk's $56 billion compensation plan and relocation to Texas; Broadcom rose more than 12%! Bank of America bullish on entering the trillion-dollar club, raising its target price to $2,000 for it.

Futu NewsJun 14 08:15

Barclays Initiates on Xiaomi With Overweight, Sees Attractive Valuation and Potential From GenAI

Barclays on Thursday initiated its coverage on Chinese consumer electronics maker Xiaomi (OTCPK:XIACY) with an Overweight rating and a price target of $15, citing an "attractive" valuation and potential from GenAI to aid further growth.

Seeking AlphaJun 13 21:45

Hong Kong stock market quick glance | The three major indexes rose in the afternoon, with Hang Seng Index and CSI 300 Index both up nearly 1%; large technology stocks were strong, with Meituan up nearly 4%.

Hong Kong's three major stock indexes rebounded in the afternoon, with the Hang Seng Tech Index leading with a final increase of 1.3%, while the Hang Seng Index and the H share index rose by 0.97% and 0.98% respectively. All three showed a "U"-shaped trend and maintained an upward trend throughout the day.

Futu NewsJun 13 16:21