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Real-time News
On March 24th, SenseTime (00020.HK) announced in Hong Kong that in 2025, the Group achieved total revenue of RMB 5.015 billion, representing a year-on-year increase of 32.9%, the fastest growth in nearly three years. In 2025, the Groups net loss narrowed by 58.6% year-on-year to RMB 1.782 billion, and its adjusted net loss narrowed by 54.3% year-on-year to RMB 1.956 billion, marking four consecutive months of accelerated loss reduction. EBITDA for the second half of 2025 was RMB 376 million, the first positive figure since the companys listing.On March 24th, Xiaomi Corporation (01810.HK) announced that its revenue from smart home appliances reached a record high in 2025, representing a year-on-year increase of 23.1%. Specifically, air conditioner shipments exceeded 8.5 million units, a year-on-year increase of over 24%; refrigerator shipments exceeded 2.8 million units, a year-on-year increase of over 4%; and washing machine shipments exceeded 2.3 million units, a year-on-year increase of over 18%. All three product categories achieved record-high shipment volumes. In 2025, Xiaomis home appliances officially entered the European market, covering countries such as Spain, France, Germany, and Italy.On March 24th, Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, stated, "The war in the Middle East impacted the UK economy in March, causing economic growth to stagnate while inflation surged." Output growth in both manufacturing and services has slowed to an extremely sluggish level, with businesses directly blaming events in the Middle East for factors including heightened customer risk aversion, soaring price pressures, rising interest rates, and disruptions to travel and supply chains. Inflationary pressures have risen sharply due to rising energy prices and supply chain disruptions. The acceleration in manufacturing cost increases has been particularly severe, the most dramatic since the "Black Wednesday" devaluation of the pound in 1992. The overall economic and inflationary impact depends not only on the duration of the war but also on the length of disruptions to energy markets and shipping, and the March PMI data clearly indicates that downside risks to economic growth and upside risks to inflation are already present. The Bank of England faces a challenging period, needing to weigh these risks in policymaking, striving to curb a continued surge in inflation while ensuring that a tough interest rate outlook does not exacerbate the risk of recession.On March 24th, Xiaomi Corporation (01810.HK) announced that in 2025, the companys IoT and lifestyle consumer products business revenue reached a record high of RMB 123.2 billion, a year-on-year increase of 18.3%, with both domestic and overseas revenue achieving record highs. The full-year gross profit margin reached a record high of 23.1%, an increase of 2.8 percentage points year-on-year. In the fourth quarter of 2025, the IoT and lifestyle consumer products business revenue was RMB 24.6 billion, with a gross profit margin of 20.1%.On March 24th, Xiaomi Group (01810.HK) announced in Hong Kong that it will deliver 411,082 new vehicles in 2025, representing a year-on-year increase of 200.4%. In the fourth quarter of 2025, it delivered 145,115 new vehicles, a year-on-year increase of 108.2%. In 2025, the Xiaomi SU 7 series ranked first in sales among sedans priced above RMB 200,000 in mainland China; as of February 2026, the Xiaomi YU 7 series has achieved the number one sales ranking in the mid-to-large SUV segment in mainland China for seven consecutive months. In 2026, Xiaomi will strive to deliver 550,000 Xiaomi vehicles.
