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Real-time News
On August 26th, the Shanghai Municipal Government General Office issued the "Shanghai Strategic Emerging Industries Development 15th Five-Year Plan". It mentions strengthening the cultivation of new intelligent terminals, focusing on application scenarios such as next-generation mobile internet, smart homes, and smart factories, creating internationally competitive consumer-grade new intelligent terminal brands, and launching a number of blockbuster terminal products. Key development areas include: 1. Key Hardware: Accelerating breakthroughs in key technologies such as edge AI chips, next-generation new displays, and flexible material sensors, and promoting technological iteration in areas such as micro-LEDs, waveguide lenses, and high-performance rendering engines. 2. Edge Models: Creating lightweight, multimodal edge vertical models, optimizing iterative model compression algorithms, and achieving performance levels of edge models that are basically comparable to large cloud models in various application scenarios. 3. Intelligent Consumer Terminals: Developing new AI consumer terminals such as AI computers, AI phones, AI glasses, bionic robots, and intelligent wearable devices, supporting a new manufacturing model of "product design + standard parts assembly".According to Hong Kong Stock Exchange filings, HSBC Holdings (00005.HK) repurchased 325,600 shares on August 25, at a cost of HK$53.1 million.Li Auto (02015.HK): As of June 30, 2026, its cash position was RMB 87.5 billion (US$12.9 billion).According to Hong Kong Stock Exchange filings, HSBC Holdings (00005.HK) repurchased a total of 200,000 shares on other exchanges on August 25, at a cost of £3 million.On August 26, Li Auto (02015.HK) announced on the Hong Kong Stock Exchange that, pursuant to the US$1 billion share repurchase program announced on March 24, 2026, the company repurchased 41,232,100 Class A ordinary shares on the Hong Kong Stock Exchange for HK$2.1 billion and 9,487,026 American Depositary Shares (equivalent to 18,974,052 Class A ordinary shares) on Nasdaq for US$150.9 million in the second quarter of 2026. As of the date of this press release, the company has cumulatively repurchased approximately 91.7 million Class A ordinary shares (including approximately 23.7 million American Depositary Shares) for approximately US$631.5 million.
