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On March 24th, at the companys earnings conference, Lu Weibing, head of Xiaomi Group, stated that the speed and magnitude of this round of memory price increases were higher than the company had anticipated, posing a significant challenge to Xiaomis operations. The lower the proportion of memory costs in the overall product cost, the smaller the impact on the product. Xiaomis balanced "people, car, and home ecosystem" allows the company to better cope with rising memory prices. Furthermore, the higher the price of the phone, the smaller the impact. With the advancement of Xiaomis high-end strategy, it can cope better than its competitors. Therefore, although the pressure is significant, Xiaomi is relatively better off; however, if it cannot withstand the pressure in the future, Xiaomi may also raise prices. Lu Weibing believes that more attention should be paid to what will happen after the price increase cycle. He predicts that it will intensify the reshaping of the industry landscape; on the one hand, some companies may even be eliminated; on the other hand, it will force companies to innovate more.Xiaomi Group (01810.HK) President: If companies cannot withstand the pressure from rising memory costs, price increases may be inevitable. In a long-term cycle of continuously rising costs, some companies may face huge losses or even bankruptcy.ECB Governing Council member Kazak: Betting on two rate hikes seems reasonable; lets wait and see.Xiaomi Group (01810.HK) President: The cost increase of memory chips is higher than initially expected.Haidilao (06862.HK): Based on the Group’s operating performance in 2025, the Board of Directors recommends a final cash dividend of HK$0.384 per share for the year ended December 31, 2025.

S&P 500 Price Forecast – Stock Markets Continue to Struggle

Alice Wang

Jul 15, 2022 15:54

Technical Analysis of the S&P 500

Due to the ongoing pessimism, the S&P 500 has decreased somewhat during Thursday's trading session. At this time, it seems as if the market is prepared to go further, maybe attempting to approach the most recent lows at the 3637 level. In the end, this market should continue to see a lot of agitated behavior. I believe that fading rallies will remain a significant problem. The 50 Day EMA is now hanging in the general vicinity of the 3950 level, which serves as the ceiling at this time.


Ultimately, your indication to become engaged will be when you start to feel exhausted after brief rallies. Given the lack of global growth and the fact that inflation is still a problem, I do believe the downward trend will continue. Additionally, the Federal Reserve is rapidly tightening monetary policy, and as a result, a 100 basis point interest rate rise is being predicted. Due to the fact that the S&P 500 contains so many significant exporters, it is extremely probable that we will continue to see significant problems with the global economy.


In the end, a running season is approaching, so there could be some "hopium" waiting to happen, but after hearing J.P. Morgan declare, "We have never seen an economic scenario like this," during its results presentation, I don't think this earnings season will be cause for celebration. After a rally, I will suppress any indications of tiredness.

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