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As the Double 11 shopping festival draws to a close, AI hardware urgently needs to break out from its 'geek' niche and reach the 'mass market'.
①AI-driven emerging consumer electronics are transitioning from the 'geek' early adopter phase to the mass market. Although the overall market has not yet experienced explosive growth, it has demonstrated rapid increases and significant market potential. ②In terms of AI toys and companion robots, educational attributes serve as the primary purchasing driver.
Jack Ma has made a high-profile and comprehensive comeback.
Alibaba has returned to a market value of 3 trillion yuan.
Press Release: Alibaba Group Will Announce September Quarter 2025 Results on November 25, 2025
Net outflow of Alibaba via Stock Connect reached HKD 3.434 billion.
Southbound Connect recorded net inflows into Xiaomi Group (01810.HK), XPeng Motors (09868.HK), and Pop Mart (09992.HK) amounting to HKD 1.592 billion, HKD 718 million, and HKD 631 million, respectively. Conversely, Southbound Connect saw net outflows from Alibaba (09988.HK), Huahong Semiconductor (01347.HK), and SMIC (00981.HK), reaching HKD 3.434 billion, HKD 985 million, and HKD 428 million, respectively. The Shanghai-Hong Kong Stock Connect recorded the highest net inflow for Xiaomi Group (01810.HK) at HKD 941 million.
Express News | Southbound funds recorded a net purchase of 4.286 billion yuan today.
Express News | Southbound funds recorded a net inflow of RMB 4.286 billion today. In the Shanghai-Hong Kong Stock Connect, Xiaomi Group-W and Tencent were the top net buy targets at HKD 9.41 billion and HKD 6.62 billion, respectively; Alibaba-W led in net selling with a