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On January 16th, Roborock Technology announced that it is currently working on its application to issue overseas listed shares and list on the Main Board of the Hong Kong Stock Exchange. The Listing Committee of the Hong Kong Stock Exchange will hold a listing hearing on January 15, 2026, to review the companys application for this offering. The joint sponsors of the companys offering received a letter from the Hong Kong Stock Exchange on January 16, 2026, stating that the Listing Committee has reviewed the companys listing application, but this letter does not constitute formal listing approval, and the Hong Kong Stock Exchange still reserves the right to provide further comments on the companys listing application.According to CCTV: Li Qiang chaired an executive meeting of the State Council to make arrangements for clearing overdue payments to enterprises and ensuring the payment of wages to migrant workers.According to CCTV: Li Qiang chaired an executive meeting of the State Council, where he heard a report on the progress of the special campaign to boost consumption and studied measures to accelerate the cultivation of new growth points in service consumption.On January 16th, KunCai Technology announced that the company and relevant responsible persons recently received a "Decision on Taking Corrective Measures Against Fujian KunCai Materials Technology Co., Ltd. and Issuing Warning Letters to Xie Bingkun and Fang Fei" issued by the Fujian Regulatory Bureau of the China Securities Regulatory Commission. The reasons for the discrepancies are as follows: In 2024, the company delayed the transfer of some buildings, machinery, and equipment to fixed assets and under-accrued depreciation, which did not comply with Articles 9 and 14 of the "Accounting Standard for Business Enterprises No. 4—Fixed Assets"; In 2024, the companys inventory impairment provision for some models of pearlescent products was inaccurate, which did not comply with Article 15 of the "Accounting Standard for Business Enterprises No. 1—Inventories". These two matters resulted in inaccurate disclosure of relevant financial data in the companys 2024 annual report.On January 16, Xiaomi repurchased 5.9 million Class B shares for HK$219.1 million.

Technical Analysis

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