Daily Investment Strategy
Daily focus：Xiaomi（1810）
On September 25, 2025, Xiaomi held its annual product launch event, officially unveiling the Xiaomi 17 series smartphones. The entire series features the world's first Qualcomm Snapdragon 8 Supreme Gen 5 processor, built using TSMC's third-generation 3nm process. In terms of innovative products, Xiaomi also adjusted the specifications of the YU7 basic version, increasing its range from approximately 620 km to 835 km, while maintaining the same price. Overall, Xiaomi has further diversified its product line, offering more features without increasing prices, further strengthening the value proposition of its products—a key factor that customers value when purchasing Xiaomi products.
The White House's TikTok Disposal Order Stirred US Stocks
US stocks closed lower for more than three consecutive days, with the S&P 500 index down 0.5% at 6,604.72 points. The day's focus was on the White House's signing of an executive order disposing of TikTok's US operations, requiring its Chinese parent company, ByteDance, to sell its US assets to American investors to alleviate national security concerns. Market concerns are that this move will exacerbate the risk of US-China tech regulatory tensions and potentially trigger more asset restructurings among multinational companies. It has also prompted investors to reassess their allocations to technology stocks, further exacerbating the volatility of the recent AI-driven rally.
Hong Kong Stock Connect saw a net inflow of HK$11.05bn on Thursday, with Alibaba (9988) receiving the largest inflow of HK$4.63bn, followed by Tencent (0700). Meanwhile, Xiaomi (1810) saw the largest net outflow of HK$800mn, followed by XTALPI (2228).
Leung Kai Tong is a SFC licensed person accredited to KGI Group to carry on regulated activities (for details, please refer to https://apps.sfc.hk/publicregWeb/indi/ADU276/details). He and/or his associate do not have any financial interest in the recommended issuer or new listing applicant.
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