1. Xiaomi Corporation (01810.HK): First-quarter revenue was RMB 99.14 billion, a year-on-year decrease of 10.9%; adjusted net profit for the first quarter was RMB 6.072 billion, a year-on-year decrease of 43.1%. A HKD 20 billion share buyback program

2026-05-27

1. Xiaomi Corporation (01810.HK): First-quarter revenue was RMB 99.14 billion, a year-on-year decrease of 10.9%; adjusted net profit for the first quarter was RMB 6.072 billion, a year-on-year decrease of 43.1%. A HKD 20 billion share buyback program was implemented. 2. Fosun Pharma (02196.HK): A subsidiary plans to acquire a 20.87% stake in Xingyao Kunze, an innovative liver disease drug company, for RMB 414 million. 3. Hesai-W (02525.HK): Hesai Fermi C500 became the first RISC-V lidar main control chip to pass ISO26262 functional safety certification. 4. R&F Properties (02777.HK) plans to sell a 33.34% equity interest in Guangzhou Fujing Real Estate to Sun Hung Kai Properties (China) for RMB 160 million (subject to adjustment). 5. Miniso (09896.HK): In the first quarter of 2026, the group's revenue was RMB 5.688 billion, a year-on-year increase of 28.5%; net profit was RMB 1.248 billion, a year-on-year increase of 199.7%. 6. GigaDevice (03986.HK): The company holds only 1.8% of Changxin Technology's current total share capital, a relatively small stake, and the company cannot exert significant influence over its production and operation decisions. 7. Guofu Hydrogen Energy (02582.HK) entered into a comprehensive energy solutions agreement with CEWA and Hydro Data, mainly involving the application of integrated hydrogen power generation systems in data centers and related power procurement. 8. Tigermed (03347.HK): The company obtained a commitment letter from China Merchants Bank for a share repurchase loan, with a loan amount not exceeding RMB 900 million, specifically for the repurchase of the company's shares, and a loan term not exceeding 36 months. 9. Pony.ai-W (02026.HK): Total revenue for the first quarter of 2026 was US$34.3 million, representing a year-on-year increase of 145%. Service revenue for the first quarter of 2026 was US$16.7 million, an increase of 61.4% compared to US$10.4 million in the first quarter of 2025.