HSAI: Worried About ASP Collapse? 'Tesla Castoff' Goes for Volume---Xiaomi (Trans): Memory Price Upcycle Lasts Longer Than Expected; AI Monetization Still Early---Xiaomi: Heaven to Hell — What Still Anchors Conviction?---Mixue Group (Trans): GPM and NPM expected to decline in 2026---Mixue Group: Lucky Cup Rebounds, Has Snow King Bottomed?---Laopu Gold (Trans): Target GPM to stay at 40%-43%Laopu Gold: Secondary offering at highs; the gold 'Hermès' bet paid off!---HK & A-Shares Rout; Gold Hammered | Daily News Recap---XPEV (4Q25 Trans): Iron robot targets >1,000 units/month by end-2026---XPEV: All Hype, No Profits — Still the 'Tesla of the East'?---Xiaomi (Spring Launch): SU7 gets a quiet refresh; MiMo free for a limited time to climb the charts
---Horizon Robotics (4Q25 Trans): 2026 auto rev. target +60%---Horizon Robotics’ NVDA-Alt. Bid: Is It at Risk?---BABA (Trans): Flash Sale 2-yr target RMB 1tn; AI + Cloud 5-yr target RMB 700bn---BABA: E-com slips again; AI is the only lifeline---Xiaomi MiMo model scores a hat-trick; COIN targets AI payments with stablecoins | Daily News Recap
---MU (Analyst briefing): Capex may decline after FY2027
---MU (Trans): Customer demand commitments unchanged; signs first 5-yr partnership agreement---MU: AI-Driven Memory Boom—Can It Break the Cycle?---HTHT (Trans): Continuing to pursue brand-led, high-quality growth---HTHT: After the reset and rebound, how long can the poster-child status last?---Tencent (Trans): Sees clear opportunity to ramp up AI investment, expects impact on margin and buybacks