Express News | Two government departments issued a warning meeting to automotive manufacturers suspected of engaging in irrational competition.

BreakingsJun 11 19:14

Zhitoong HK Connect Active Trading | June 11

Stock Connect Active Trading | June 11, 2026

Zhitong FinanceJun 11 19:00

Fund Flows | Southbound capital sold HK$2.7 billion worth of Hong Kong-listed stocks, adding positions in T.T. Group and Tencent

Track the latest developments of southbound capital flows.

Gelonghui FinanceJun 11 18:19

Xiaomi Stock Sheds 1.8% in Hong Kong

Dow JonesJun 11 16:32

IDC: Global wearables market shipments grew 2.2% year-over-year in Q1 2026, with mid-to-high-end smartwatches holding steady while fitness bands faced pressure.

IDC believes that the global wrist-worn device industry has moved beyond its mass-adoption phase and has now entered a stage of refined competition within a saturated market.

Zhitong FinanceJun 11 13:37

Goldman Sachs: Xiaomi's (01810.HK) second-quarter earnings may be relatively weak, weighing on short-term share price performance.

Goldman Sachs published a research report expecting Xiaomi-W (01810.HK) to deliver relatively weak second-quarter results, with revenue projected to increase by just 1% year-over-year. Excluding new businesses such as electric vehicles (EVs) and AI, revenue could decline by 9%. Adjusted net profit is forecast to drop 50% year-over-year to RMB 5.4 billion and decline 11% quarter-over-quarter, weighing on the stock’s near-term performance. The firm currently projects Xiaomi’s core profit for 2026 to reach RMB 32.8 billion, down 12% year-over-year, equivalent to 120% of the group’s full-year adjusted net profit of RMB 27 billion, primarily due to losses exceeding RMB 4 billion from its smartphone business, as well as losses from EVs, AI, and other new initiatives.

AASTOCKSJun 11 12:17