Real-time News

Hong Kong Stock Exchange: Tencent Holdings (00700.HK) repurchased 1.14 million shares on May 26, at a cost of HK$500.9 million.

Investment research firm Melius Research has raised its price target for Apple (AAPL.O) from $355 to $385.

ECB Chief Economist Lane: The ECB may further raise its inflation forecast in June.

European Central Bank Chief Economist Lane: Oil prices are expected to remain high for a longer period compared to March forecasts.

On May 26th, Xiaomi Corporation (01810.HK) announced its Q1 2026 results. We continue to explore the boundaries of physical intelligence. In April 2026, we officially released and open-sourced the entire training process for the Xiaomi Robotics-0 embodied model on real devices, fully opening up a complete set of data processing, training methods, and inference code, hoping to lower the technical threshold for robot intelligence through open source. We are steadily optimizing the operational efficiency of our new retail stores. As of March 2026, we have over 16,000 Xiaomi Home stores in mainland China, including over 260 large new retail stores exceeding 500 square meters. Simultaneously, we are steadily advancing the overseas expansion of our new retail model, with over 520 new retail stores overseas, covering Southeast Asia, Europe, East Asia, Latin America, the Middle East, and Africa.

Pony.ai (PONY.O) CEO: We are expanding to more cities. The goal is to potentially increase the fleet size within our existing business.

On May 26th, Xiaomi Corporation (01810.HK) announced its Q1 2026 results. Regarding the development of its foundational models, on April 23rd, 2026, Xiaomi officially launched the public beta of its MiMo-V2.5 series of large-scale models. The Xiaomi MiMo-V2.5 series includes MiMo-V2.5, V2.5 Pro, V2.5-TTS Series, and V2.5-ASR. Among them, the Xiaomi MiMo-V2.5-Pro has reached the world's top agent model level in dimensions such as general intelligent agent capabilities, complex software engineering, and long-term tasks, achieving a comprehensive leap compared to its predecessor, the Xiaomi MiMo-V2-Pro. In the Artificial Analysis large-scale model comprehensive intelligence ranking, the Xiaomi MiMo-V2.5-Pro ranked first globally among open-source large-scale models in comprehensive intelligence index, placing it among the top five globally in overall large-scale model rankings. Simultaneously, its agent index also ranked first globally among open-source large-scale models. On April 28, 2026, we officially open-sourced the Xiaomi MiMo-V2.5 series, using the MIT license, supporting commercial inference deployment and secondary training without additional licensing.

According to Interfax news agency, the Russian Ministry of Defense stated that Russian troops have taken control of Zapsilya and Ryasny in eastern Ukraine.

On May 26th, Douyin's E-commerce Security and Trust Center announced upgraded qualification requirements for cross-border brands and launched a compliance initiative for influencers and organizations, cracking down on illegal activities such as selling counterfeit foreign brands. The new regulations require relevant merchants to provide overseas production and distribution certificates within 30 calendar days. Those who fail to do so or provide falsified materials will face severe penalties, including product removal, store rectification, and even termination. At the same time, the platform encourages influencers to strictly select products and promote them truthfully and objectively. Douyin E-commerce stated that it will strengthen the security and trust of cross-border e-commerce through frequent inspections and offline traceability.

On May 26th, Xiaomi Corporation (01810.HK) announced its first-quarter results for 2026. In the first quarter of 2026, we steadily implemented the Group's new ten-year goal: to invest heavily in core technologies and strive to become a global leader in next-generation hard-core technologies. In the first quarter of 2026, our R&D expenditure was RMB 9 billion, representing a year-on-year increase of 33.4%. As of March 31, 2026, our number of R&D personnel reached a record high of 26,048.

On May 26th, Xiaomi Corporation (01810.HK) announced its Q1 2026 results. In Q1 2026, our Smartphone × AIoT segment revenue reached RMB 79.3 billion. The gross margin of the Smartphone × AIoT segment was 22.5%. In Q1 2026, the continued significant increase in storage costs had a comprehensive impact on the smartphone industry. Our global smartphone shipments reached 33.8 million units, with smartphone business revenue of RMB 44.3 billion and a gross margin of 10.1%. In Q1 2026, our average selling price of smartphones increased by 8.2% year-on-year to RMB 1,310, a record high. According to third-party data, in Q1 2026, our high-end smartphone sales in mainland China accounted for 23.5% of our total smartphone sales.

On May 26th, the Ministry of Industry and Information Technology (MIIT) released the key points of its 2026 automotive standardization work plan. These include promoting innovation in emerging fields. Focusing on areas such as intelligent connected vehicles, automotive electronics, and automotive chips, the plan calls for leading standard-setting initiatives and encouraging the transformation of innovative achievements. It emphasizes accelerating the development and iteration of standards in key areas such as driving automation, connected functions and applications, information security and data security, resource management and information services, automotive software, automotive data, and vehicle-road-cloud integration. The plan also calls for efficient development and revision of standards for key system components such as automotive electronics and automotive chips.

On May 26th, the Ministry of Industry and Information Technology (MIIT) released the key points of its 2026 automotive standardization work plan. These include leading the industry's green and low-carbon transformation. Focusing on key areas such as the safety, performance, and compatibility of new energy vehicles, the plan will continuously improve safety standards for electric vehicles and power batteries, optimize performance standards for core components such as power batteries and drive motors, and promote the revision and formulation of standards in the field of electric vehicle charging and swapping. It will also continuously promote the iterative upgrading of automotive energy-saving standards and fully implement energy consumption limit standards for 2030. Furthermore, it will accelerate the development of standards related to carbon footprint accounting and verification of automotive products, achieving innovative breakthroughs in green and low-carbon standards.

According to Iran's Tasnim News Agency, Iranian Parliament Speaker Qalibaf visited Qatar to reach an agreement on how to implement Iran's demands regarding its (frozen) funds.