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一茗王

一茗王

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2022-03-18

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2021-06-19

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2021-03-04

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Opening: US stocks open low, XPeng leads rebound in emerging car manufacturers

2021-03-04

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2021-02-21

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With Lei Jun now "playing football," is Xiaomi reliable in manufacturing cars?

2021-02-20

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Beyond mobile phones, Xiaomi is also manufacturing cars, competing on two fronts to rival Apple and Tesla.

2021-02-20

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Beyond mobile phones, Xiaomi is also manufacturing cars, competing on two fronts to rival Apple and Tesla.

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22:39","market":"us","language":"zh","title":"Opening: US stocks open low, XPeng leads rebound in emerging car manufacturers","url":"https://stock-news.laohu8.com/highlight/detail?id=1106033054","media":"老虎资讯综合","summary":"美债收益率扩大涨幅，10年和30年期债券收益率创本周新高。","content":"<p>On Wednesday, March 3, the three major U.S. stock indices all declined in open low. The U.S. ADP employment figure for February was 117,000, lower than the expected 177,000. In addition,<b>U.S. Treasury yields extended their gains, with 10-year and 30-year bond yields hitting new highs this week.</b></p><p>The Dow Jones Industrial Average opened down 38.56 points, or 0.12%, at 31,352.96. The S&P 500 opened down 7.93 points, or 0.20%, at 3862.36. The Nasdaq Composite Index opened down 20.39 points, or 0.15%, at 13,358.79.</p><p><img src=\"https://static.tigerbbs.com/3b5042fd3c9327cdc2b399d077aa1b86\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>Pinduoduo rose more than 3%, surpassing Taobao in DAU during the Spring Festival, ranking first in the industry.</p><p><a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>XPeng Motor Company shares rose more than 3% today after launching two lithium iron phosphate models.<a href=\"https://laohu8.com/S/LI\">Li Auto</a>、<a href=\"https://laohu8.com/S/NIO\">Nio</a>、<a href=\"https://laohu8.com/S/NIU\">Niu Electric</a>It rose by more than 2%.</p><p><a href=\"https://laohu8.com/S/BILI\">Bilibili</a>It rose more than 5% intraday.</p><p>Chinese concept stocks<a href=\"https://laohu8.com/S/TAOP\">Screen scanning</a>The stock rose over 11% after announcing the appointment of Wang Dongfeng as Chief Strategy Officer.</p><p><a href=\"https://laohu8.com/S/GSX\">Who to learn from</a>It fell in early trading and is now down more than 5%. Genshuixue retaliated against the short-selling report yesterday, stating that an internal investigation revealed no financial problems.</p><p>A new leader in the retail investor concept<a href=\"https://laohu8.com/S/RKT\">Rocket Companies</a>It fell more than 9% before closing up more than 70% on Tuesday. Recently, Rocket Companies has seen a significant increase in discussion in the WSB sector.</p><p><img src=\"https://static.tigerbbs.com/27f3c0438b34c5121bbe913672c66e8b\" tg-width=\"840\" tg-height=\"470\"></p><p>Bitcoin prices rebounded sharply, and the US blockchain sector surged.<a href=\"https://laohu8.com/S/NCTY\">Ninth City</a>、<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>Up more than 16%,<a href=\"https://laohu8.com/S/SOS\">SOS Ltd.</a>It rose more than 8%.<a href=\"https://laohu8.com/S/RIOT\">Riot Blockchain</a>It rose more than 9%.</p><p><a href=\"https://laohu8.com/S/KMPH\">KemPharm</a>The stock rose more than 80% after the company announced that the U.S. Food and Drug Administration had approved the ADHD treatment drug Azstarys.</p><p><a href=\"https://laohu8.com/S/ZM\">Zoom</a>The stock rose nearly 2% after its flagship Ark Innovation ETF (AARK) bought 255,621 shares of Zoom stock, worth more than $95 million, during the sharp drop.</p><p><a href=\"https://laohu8.com/S/MU\">Micron Technology</a>The company rose 0.32% after expecting second-quarter revenue of $6.2 billion to $6.25 billion, compared to a previous forecast of $5.6 billion to $6 billion.</p><p><a href=\"https://laohu8.com/S/LYFT\">Lyft</a>Shares rose more than 5%, with Lyft expecting its average daily carpooling volume in Q1 2021 to exceed that in Q4 2020, achieving three consecutive months of growth.</p><p><a href=\"https://laohu8.com/S/OCGN\">Ocugen</a>It rose more than 23%, and the medium-term effectiveness of the novel coronavirus vaccine jointly developed with Indian biotechnology company Bharat Biotech was 81%.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Opening: US stocks open low, XPeng leads rebound in emerging car manufacturers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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The U.S. ADP employment figure for February was 117,000, lower than the expected 177,000. In addition,<b>U.S. Treasury yields extended their gains, with 10-year and 30-year bond yields hitting new highs this week.</b></p><p>The Dow Jones Industrial Average opened down 38.56 points, or 0.12%, at 31,352.96. The S&P 500 opened down 7.93 points, or 0.20%, at 3862.36. The Nasdaq Composite Index opened down 20.39 points, or 0.15%, at 13,358.79.</p><p><img src=\"https://static.tigerbbs.com/3b5042fd3c9327cdc2b399d077aa1b86\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>Pinduoduo rose more than 3%, surpassing Taobao in DAU during the Spring Festival, ranking first in the industry.</p><p><a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>XPeng Motor Company shares rose more than 3% today after launching two lithium iron phosphate models.<a href=\"https://laohu8.com/S/LI\">Li Auto</a>、<a href=\"https://laohu8.com/S/NIO\">Nio</a>、<a href=\"https://laohu8.com/S/NIU\">Niu Electric</a>It rose by more than 2%.</p><p><a href=\"https://laohu8.com/S/BILI\">Bilibili</a>It rose more than 5% intraday.</p><p>Chinese concept stocks<a href=\"https://laohu8.com/S/TAOP\">Screen scanning</a>The stock rose over 11% after announcing the appointment of Wang Dongfeng as Chief Strategy Officer.</p><p><a href=\"https://laohu8.com/S/GSX\">Who to learn from</a>It fell in early trading and is now down more than 5%. Genshuixue retaliated against the short-selling report yesterday, stating that an internal investigation revealed no financial problems.</p><p>A new leader in the retail investor concept<a href=\"https://laohu8.com/S/RKT\">Rocket Companies</a>It fell more than 9% before closing up more than 70% on Tuesday. Recently, Rocket Companies has seen a significant increase in discussion in the WSB sector.</p><p><img src=\"https://static.tigerbbs.com/27f3c0438b34c5121bbe913672c66e8b\" tg-width=\"840\" tg-height=\"470\"></p><p>Bitcoin prices rebounded sharply, and the US blockchain sector surged.<a href=\"https://laohu8.com/S/NCTY\">Ninth City</a>、<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>Up more than 16%,<a href=\"https://laohu8.com/S/SOS\">SOS Ltd.</a>It rose more than 8%.<a href=\"https://laohu8.com/S/RIOT\">Riot Blockchain</a>It rose more than 9%.</p><p><a href=\"https://laohu8.com/S/KMPH\">KemPharm</a>The stock rose more than 80% after the company announced that the U.S. Food and Drug Administration had approved the ADHD treatment drug Azstarys.</p><p><a href=\"https://laohu8.com/S/ZM\">Zoom</a>The stock rose nearly 2% after its flagship Ark Innovation ETF (AARK) bought 255,621 shares of Zoom stock, worth more than $95 million, during the sharp drop.</p><p><a href=\"https://laohu8.com/S/MU\">Micron Technology</a>The company rose 0.32% after expecting second-quarter revenue of $6.2 billion to $6.25 billion, compared to a previous forecast of $5.6 billion to $6 billion.</p><p><a href=\"https://laohu8.com/S/LYFT\">Lyft</a>Shares rose more than 5%, with Lyft expecting its average daily carpooling volume in Q1 2021 to exceed that in Q4 2020, achieving three consecutive months of growth.</p><p><a href=\"https://laohu8.com/S/OCGN\">Ocugen</a>It rose more than 23%, and the medium-term effectiveness of the novel coronavirus vaccine jointly developed with Indian biotechnology company Bharat Biotech was 81%.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff6e3231d788a5a6d28cf7965385cc7f","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106033054","content_text":"3月3日（周三），美股三大指数集体低开。美国2月ADP就业人数11.7万人，不及预期的17.7万人。此外，美债收益率扩大涨幅，10年和30年期债券收益率创本周新高。道琼斯指数开盘下跌38.56点，跌幅0.12%，报31352.96点；标普500指数开盘下跌7.93点，跌幅0.20%，报3862.36点；纳斯达克综合指数开盘下跌20.39点，跌幅0.15%，报13358.79点。拼多多涨超3%，拼多多春节期间DAU超过淘宝，位列行业第一。小鹏汽车涨超3%，小鹏汽车今日推出2款磷酸铁锂车型。理想汽车、蔚来、小牛电动涨超2%。哔哩哔哩盘中涨超5%。中概股淘屏涨超11%，宣布任命汪东风为首席战略官。跟谁学盘初下挫，现跌超5%。跟谁学昨日反击做空报告，称内部调查未发现财务问题。散户概念新龙头Rocket Companies跌超9%，周二收涨逾70%，近日Rocket Companies在WSB板块中的讨论度大幅上升。比特币价格大幅反弹，美股区块链板块大涨。第九城市、嘉楠科技涨超16%，SOS Ltd.涨超8%，Riot Blockchain涨超9%。KemPharm涨超80%，此前公司宣布美国食品药品监督管理局批准多动症治疗药物Azstarys。Zoom涨近2%，此前旗舰基金方舟创新ETF（AARK）在大跌中买入了255621股Zoom股票，价值超过9500万美元。美光科技涨0.32%，公司预计第二季度营收将为62亿至62.5亿美元，此前预期为56亿至60亿美元。Lyft涨超5%，Lyft预计21年Q1日均拼车量将超20年Q4，实现连续三个月增长。Ocugen涨超23%，与印度生物技术公司Bharat Biotech共同开发的新冠病毒疫苗中期有效性为81%。","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":6431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364316314,"gmtCreate":1614815215738,"gmtModify":1704775516776,"author":{"id":"3576808490333004","authorId":"3576808490333004","name":"一茗王","avatar":"https://static.tigerbbs.com/bb488b40ca1e9b06bfd387f3acf02dcc","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576808490333004","idStr":"3576808490333004"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/364316314","repostId":"1156410668","repostType":4,"isVote":1,"tweetType":1,"viewCount":6378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360109829,"gmtCreate":1613863521861,"gmtModify":1704885489264,"author":{"id":"3576808490333004","authorId":"3576808490333004","name":"一茗王","avatar":"https://static.tigerbbs.com/bb488b40ca1e9b06bfd387f3acf02dcc","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576808490333004","idStr":"3576808490333004"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360109829","repostId":"1166915001","repostType":4,"repost":{"id":"1166915001","kind":"news","weMediaInfo":{"introduction":"轻松诙谐，一览财经趣事。","home_visible":1,"media_name":"侃见财经","id":"1090688601","head_image":"https://static.tigerbbs.com/b30934034f584369aeef0c7ed4236314"},"pubTimestamp":1613789171,"share":"https://ttm.financial/m/news/1166915001?lang=en_US&edition=fundamental","pubTime":"2021-02-20 10:46","market":"hk","language":"zh","title":"With Lei Jun now \"playing football,\" is Xiaomi reliable in manufacturing cars?","url":"https://stock-news.laohu8.com/highlight/detail?id=1166915001","media":"侃见财经","summary":"小米不仅走出了低谷，现在已经开始攀越高山了。2月19日，有媒体报道称，小米已经确定造车，且将造车作为战略级决策。知情人士还称，小米造车或将由雷军亲自带队。消息一出，小米集团股价盘中大涨12%，收盘回落","content":"<p>Xiaomi has not only emerged from its trough, but has now begun to climb mountains. On February 19, media reported that Xiaomi had decided to manufacture cars and made it a strategic decision. Sources familiar with the matter also said that Lei Jun may personally lead Xiaomi's car manufacturing team.</p><p><img src=\"https://static.tigerbbs.com/d092a5bfd1b9cb3b3655676043d00f0e\" tg-width=\"1080\" tg-height=\"771\" referrerpolicy=\"no-referrer\"></p><p>Following the news, Xiaomi Group's stock price surged 12% intraday before falling back to 6.4% at the close, with a total market capitalization of HK$772.2 billion.</p><p>Regarding Xiaomi's car manufacturing, Xiaomi Group responded that it would not comment at this time and would wait for public information to be disclosed.</p><p>I believe that Xiaomi's car manufacturing is a highly probable event. For the new energy vehicle sector, which has relatively \"low\" barriers to entry and good certainty, now is not a good time to enter.</p><p>Over the past decade, Xiaomi has been \"born for fever\" from scratch.</p><p>In order to maximize hardware performance, Xiaomi's products always reflect \"cost-effectiveness\". In order to strive for quality, Lei Jun made several trips to Japan for learning. Fortunately, Lei Jun succeeded in the smartphone market and basically eliminated counterfeit mobile phones in China.</p><p>On July 9, 2018, Lei Jun and Xiaomi were listed on the Hong Kong Stock Exchange.</p><p>Going public is an important milestone for every company. In less than ten years from its founding to its listing, Xiaomi has surpassed Kingsoft, and Lei Jun has proven his value with Xiaomi.</p><p>At the beginning of its IPO, Xiaomi's shareholder list included Jack Ma, Ma Huateng, Li Ka-shing, and others, and investors enthusiastically used their \"voting rights\" to support Xiaomi. To this end, Lei Jun once stated that \"investors who buy Xiaomi stock on the first day of listing should earn at least double the amount.\"</p><p><img src=\"https://static.tigerbbs.com/7e22a5d3be905a202d9210a65c3f5285\" tg-width=\"1080\" tg-height=\"749\" referrerpolicy=\"no-referrer\"></p><p>In early 2019, Lei Jun wrote on his WeChat Moments, \"Ten years ago, I had the idea to found Xiaomi; ten years later, hundreds of millions of people around the world are using various Xiaomi products; in these ten years, I don't seem to have changed much. I have to show off!\"</p><p>To Lei Jun's surprise, before he could even boast, Xiaomi's stock price fell below its issue price. To stop the decline, Lei Jun tried many methods, including extending the lock-up period, promising not to sell, and repurchasing shares.</p><p>But none of this caused Xiaomi's stock price to improve in the slightest. Within a year, Xiaomi's stock price fell by 50% compared to its issue price. At the time, the market was filled with two opinions. The first opinion was that Xiaomi's issue price was too high, which was the main reason for its continuous decline, and that its valuation could only be based on the manufacturing sector. They believed that Xiaomi's stock price was still overvalued. Another view is that Xiaomi should be valued as an internet company, as Xiaomi's stock price is clearly undervalued.</p><p>Of the two opinions, the market clearly leans more towards the former.</p><p>Lei Jun once said in public: \"Faced with the continuously falling stock price, I was so anxious that I couldn't sleep. Everyone had invested $5.5 billion. If the price dropped too badly, how could I possibly go out and meet people?\"</p><p>On one hand, there is double-digit growth in revenue and net profit, and on the other hand, the stock price has fallen below the issue price. Although Lei Jun's \"efforts\" are limited, he is still making unremitting efforts.</p><p>In 2020, a pandemic changed the global business ecosystem and landscape.</p><p><img src=\"https://static.tigerbbs.com/d79620f3e3dafdacd4737cbcb2a815cc\" tg-width=\"1080\" tg-height=\"780\" referrerpolicy=\"no-referrer\"></p><p>In the middle of last year, Xiaomi regained its upward momentum driven by internet companies such as Meituan, and the market reassessed Xiaomi's value. In less than a year, Xiaomi's stock price rose from HK$10 per share to a high of HK$35.9 per share. Moreover, Xiaomi's revenue has exceeded 200 billion yuan (in 2019, Xiaomi's revenue was 205.839 billion yuan and net profit was 10.044 billion yuan).</p><p>In the past year, most of the market share that Huawei lost overseas was taken over by Xiaomi, but the ceiling of the global mobile phone market is already very obvious, and the competition in the existing market will definitely become more and more fierce in the future.</p><p>Regarding car manufacturing, reports indicate that Lei Jun had repeatedly considered the feasibility of Xiaomi manufacturing cars, but this was rejected multiple times.</p><p>In my view, the new energy vehicle sector has become one of the biggest trends in the world. Xu Jiayin of Evergrande once predicted that this sector will be a market worth over ten trillion yuan in the next ten years.</p><p>Therefore, Lei Jun's entry into this sector today can not only seek new growth points for Xiaomi, but also intensify healthy competition in the sector. In fact, Lei Jun's idea of building cars did not suddenly emerge recently. Back in 2013, Lei Jun visited Tesla CEO Elon Musk twice in the United States. He also wrote on his WeChat official account, \"I am very interested in Musk's Tesla cars.\"</p><p><img src=\"https://static.tigerbbs.com/41a93d03c8ae0af9d68db31beb0d9f5a\" tg-width=\"1080\" tg-height=\"950\" referrerpolicy=\"no-referrer\"></p><p>In 2015, Lei Jun also expressed the idea of building cars, but the outside world was not optimistic about it at the time, so Lei Jun did not continue to promote it. Interestingly, he founded Shunwei Capital, which not only invested in Nio Motor Company, but also in Li Auto, and even invested $50 million in XPeng Motor Company.</p><p>According to media reports, Xiaomi had already launched an internal research project called \"micar\" in 2018, led by the General Staff Department, which is responsible for formulating Xiaomi's strategy.</p><p>Currently, Apple, Samsung, and Huawei have all entered the new energy sector, while Tencent, Alibaba, and Baidu have also entered the market in various forms. Evergrande has invested more than 400 billion yuan in this regard. Amidst the covert battle among various forces, I think Xiaomi's entry into the market is just right. Moreover, not long ago, Xiaomi Group had just issued 26 billion yuan in additional shares, which means that Xiaomi has waited for the right time, location, and people, and all the conditions are in place.</p><p>In summary, I believe Xiaomi will eventually enter the fray, because almost all the world's major mobile phone manufacturers have already entered the fray, and some leading internet companies are also rapidly moving forward. If Xiaomi still decides to invest at this time and does not enter the fray itself, it will inevitably be the most disappointed in the future new energy sector.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>With Lei Jun now \"playing football,\" is Xiaomi reliable in manufacturing cars?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWith Lei Jun now \"playing football,\" is Xiaomi reliable in manufacturing cars?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1090688601\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/b30934034f584369aeef0c7ed4236314);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">侃见财经 </p>\n<p class=\"h-time smaller\">2021-02-20 10:46</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Xiaomi has not only emerged from its trough, but has now begun to climb mountains. On February 19, media reported that Xiaomi had decided to manufacture cars and made it a strategic decision. Sources familiar with the matter also said that Lei Jun may personally lead Xiaomi's car manufacturing team.</p><p><img src=\"https://static.tigerbbs.com/d092a5bfd1b9cb3b3655676043d00f0e\" tg-width=\"1080\" tg-height=\"771\" referrerpolicy=\"no-referrer\"></p><p>Following the news, Xiaomi Group's stock price surged 12% intraday before falling back to 6.4% at the close, with a total market capitalization of HK$772.2 billion.</p><p>Regarding Xiaomi's car manufacturing, Xiaomi Group responded that it would not comment at this time and would wait for public information to be disclosed.</p><p>I believe that Xiaomi's car manufacturing is a highly probable event. For the new energy vehicle sector, which has relatively \"low\" barriers to entry and good certainty, now is not a good time to enter.</p><p>Over the past decade, Xiaomi has been \"born for fever\" from scratch.</p><p>In order to maximize hardware performance, Xiaomi's products always reflect \"cost-effectiveness\". In order to strive for quality, Lei Jun made several trips to Japan for learning. Fortunately, Lei Jun succeeded in the smartphone market and basically eliminated counterfeit mobile phones in China.</p><p>On July 9, 2018, Lei Jun and Xiaomi were listed on the Hong Kong Stock Exchange.</p><p>Going public is an important milestone for every company. In less than ten years from its founding to its listing, Xiaomi has surpassed Kingsoft, and Lei Jun has proven his value with Xiaomi.</p><p>At the beginning of its IPO, Xiaomi's shareholder list included Jack Ma, Ma Huateng, Li Ka-shing, and others, and investors enthusiastically used their \"voting rights\" to support Xiaomi. To this end, Lei Jun once stated that \"investors who buy Xiaomi stock on the first day of listing should earn at least double the amount.\"</p><p><img src=\"https://static.tigerbbs.com/7e22a5d3be905a202d9210a65c3f5285\" tg-width=\"1080\" tg-height=\"749\" referrerpolicy=\"no-referrer\"></p><p>In early 2019, Lei Jun wrote on his WeChat Moments, \"Ten years ago, I had the idea to found Xiaomi; ten years later, hundreds of millions of people around the world are using various Xiaomi products; in these ten years, I don't seem to have changed much. I have to show off!\"</p><p>To Lei Jun's surprise, before he could even boast, Xiaomi's stock price fell below its issue price. To stop the decline, Lei Jun tried many methods, including extending the lock-up period, promising not to sell, and repurchasing shares.</p><p>But none of this caused Xiaomi's stock price to improve in the slightest. Within a year, Xiaomi's stock price fell by 50% compared to its issue price. At the time, the market was filled with two opinions. The first opinion was that Xiaomi's issue price was too high, which was the main reason for its continuous decline, and that its valuation could only be based on the manufacturing sector. They believed that Xiaomi's stock price was still overvalued. Another view is that Xiaomi should be valued as an internet company, as Xiaomi's stock price is clearly undervalued.</p><p>Of the two opinions, the market clearly leans more towards the former.</p><p>Lei Jun once said in public: \"Faced with the continuously falling stock price, I was so anxious that I couldn't sleep. Everyone had invested $5.5 billion. If the price dropped too badly, how could I possibly go out and meet people?\"</p><p>On one hand, there is double-digit growth in revenue and net profit, and on the other hand, the stock price has fallen below the issue price. Although Lei Jun's \"efforts\" are limited, he is still making unremitting efforts.</p><p>In 2020, a pandemic changed the global business ecosystem and landscape.</p><p><img src=\"https://static.tigerbbs.com/d79620f3e3dafdacd4737cbcb2a815cc\" tg-width=\"1080\" tg-height=\"780\" referrerpolicy=\"no-referrer\"></p><p>In the middle of last year, Xiaomi regained its upward momentum driven by internet companies such as Meituan, and the market reassessed Xiaomi's value. In less than a year, Xiaomi's stock price rose from HK$10 per share to a high of HK$35.9 per share. Moreover, Xiaomi's revenue has exceeded 200 billion yuan (in 2019, Xiaomi's revenue was 205.839 billion yuan and net profit was 10.044 billion yuan).</p><p>In the past year, most of the market share that Huawei lost overseas was taken over by Xiaomi, but the ceiling of the global mobile phone market is already very obvious, and the competition in the existing market will definitely become more and more fierce in the future.</p><p>Regarding car manufacturing, reports indicate that Lei Jun had repeatedly considered the feasibility of Xiaomi manufacturing cars, but this was rejected multiple times.</p><p>In my view, the new energy vehicle sector has become one of the biggest trends in the world. Xu Jiayin of Evergrande once predicted that this sector will be a market worth over ten trillion yuan in the next ten years.</p><p>Therefore, Lei Jun's entry into this sector today can not only seek new growth points for Xiaomi, but also intensify healthy competition in the sector. In fact, Lei Jun's idea of building cars did not suddenly emerge recently. Back in 2013, Lei Jun visited Tesla CEO Elon Musk twice in the United States. He also wrote on his WeChat official account, \"I am very interested in Musk's Tesla cars.\"</p><p><img src=\"https://static.tigerbbs.com/41a93d03c8ae0af9d68db31beb0d9f5a\" tg-width=\"1080\" tg-height=\"950\" referrerpolicy=\"no-referrer\"></p><p>In 2015, Lei Jun also expressed the idea of building cars, but the outside world was not optimistic about it at the time, so Lei Jun did not continue to promote it. Interestingly, he founded Shunwei Capital, which not only invested in Nio Motor Company, but also in Li Auto, and even invested $50 million in XPeng Motor Company.</p><p>According to media reports, Xiaomi had already launched an internal research project called \"micar\" in 2018, led by the General Staff Department, which is responsible for formulating Xiaomi's strategy.</p><p>Currently, Apple, Samsung, and Huawei have all entered the new energy sector, while Tencent, Alibaba, and Baidu have also entered the market in various forms. Evergrande has invested more than 400 billion yuan in this regard. Amidst the covert battle among various forces, I think Xiaomi's entry into the market is just right. Moreover, not long ago, Xiaomi Group had just issued 26 billion yuan in additional shares, which means that Xiaomi has waited for the right time, location, and people, and all the conditions are in place.</p><p>In summary, I believe Xiaomi will eventually enter the fray, because almost all the world's major mobile phone manufacturers have already entered the fray, and some leading internet companies are also rapidly moving forward. If Xiaomi still decides to invest at this time and does not enter the fray itself, it will inevitably be the most disappointed in the future new energy sector.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/d092a5bfd1b9cb3b3655676043d00f0e","relate_stocks":{"01810":"小米集团-W"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166915001","content_text":"小米不仅走出了低谷，现在已经开始攀越高山了。2月19日，有媒体报道称，小米已经确定造车，且将造车作为战略级决策。知情人士还称，小米造车或将由雷军亲自带队。消息一出，小米集团股价盘中大涨12%，收盘回落至6.4%，总市值为7722亿港币。对于小米造车，小米集团回应称，暂不回应，等公开信息披露。我认为小米造车为大概率事件，对于新能源车这个门槛相对“不高”且确定性比较好的赛道，此时切入不可谓不是一个好时机。过去的十年时间里，小米从零开始为“发烧而生”。为了把硬件做到极致，小米的产品总能看到“性价比”的影子。为了死磕质量，雷军曾跑了数次日本取经。幸运的是，雷军跑通了智能手机这条线，也基本消灭中国的山寨手机。2018年7月9日，雷军携小米登陆港交所。上市对于每一家公司来说都是一个重要的里程碑，从创立到上市不到十年的时间，小米超越了金山，雷军也用小米证明了他的价值。上市之初，小米的股东列表里出现了马云、马化腾、李嘉诚等人，投资者也热情地用手中的“投票权”加持着小米。为此，雷军曾表示“要让上市首日买入小米股票的投资人赚至少一倍以上”。2019年年初，雷军在朋友圈写道，“十年前，我产生出了创办小米的想法；十年后，全球有几亿人在各种用小米的产品；这十年，我好像没什么变化。我得嘚瑟一下！”让雷军没想到的是他还没来得及嘚瑟，小米的股价就跌破了发行价，为了让股价止跌，雷军想了很多办法，包括延长解禁时间，承诺不抛售以及回购等等。但这一切都没能让小米的股价有一丁点起色，一年时间里，小米的股价较发行价跌了50%。当时市场充斥着两种声音，第一种认为小米发行价过高，这是其跌跌不休的主要原因，并且其估值也只能按照制造业去估值，他们认为小米股价仍被高估。另外一种认为小米应该以互联网企业去估值，小米的股价显然被低估了。两种声音下，市场显然更倾向于前者。雷军曾在公开场合谈到：“面对不断下跌的股价，我都焦虑得睡不着觉。大家都投资了55亿美元了，要是跌得太难看，我还怎么出去见人？”一边是两位数增长的营收和净利，一边是跌破发行价的股价，尽管雷军“努力”有限，但他仍然做着不懈的努力。2020年，一场疫情改变了全球商业的生态和格局。去年年中，小米在美团等互联网企业的带动下重拾升势，市场也重新评估了小米的价值。不到一年的时间里，小米的股价从10港元/股，涨至最高35.9港元/股。不仅如此，小米的营收也突破2000亿元（2019年小米营收2058.39亿，净利润100.44亿）。过去的一年，华为在海外的失去的市场大部分都被小米接了过去，但全球手机市场的天花板已经十分明显，存量市场下，未来博弈肯定会愈发激烈。对于造车，有报道称雷军此前曾多次考虑小米造车的可行性，但被多次否决。在我看来，如今新能源车赛道已经全球最大的风口之一，恒大许家印曾预测未来十年，该赛道将会是一个超十万亿级的市场。所以今天，雷军切入这个赛道不仅能为小米寻求新的增长点，也能加剧该赛道的良性竞争。事实上，关于造车想法雷军也不是现在突然冒出来的，早在2013年，雷军就曾两次去美国拜访特斯拉CEO马斯克。并且他在自己的公众号上撰文称，“我对Musk的Tesla汽车很感兴趣。”2015年，雷军也曾流露过造车的想法，不过当时外界对于造车并不乐观，其后雷军就没有继续推进，但有些意思的是，他创立了顺为资本不仅投资了蔚来汽车，还投资了理想汽车，就连小鹏汽车他也都投资了5000万美金。据媒体报道，2018年小米就已经在内部启动了名为 “micar” 的造车项目调研，由负责制定小米战略的参谋部牵头。目前，苹果、三星、华为都已经切入新能源赛道，腾讯、阿里、百度也以各种形式入局，恒大为此已经投资超过了4000亿，各方势力暗战下，我觉得小米入局恰到好处，且此前不久，小米集团刚增发260亿元，也就是说小米已经等到了天时地利人和，所有的条件已经都具备了。综合而言，我认为小米最终一定会下场踢球，因为全球手机大厂基本已经全部入局，一些互联网头部企业也都快马扬鞭，如果此时小米依旧决定投资而不亲自下场，未来新能源赛道上，小米必然是最失意的那个。","news_type":1,"symbols_score_info":{"01810":0.9}},"isVote":1,"tweetType":1,"viewCount":5802,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360393482,"gmtCreate":1613825501846,"gmtModify":1704885373600,"author":{"id":"3576808490333004","authorId":"3576808490333004","name":"一茗王","avatar":"https://static.tigerbbs.com/bb488b40ca1e9b06bfd387f3acf02dcc","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576808490333004","idStr":"3576808490333004"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360393482","repostId":"1143057177","repostType":4,"repost":{"id":"1143057177","kind":"news","pubTimestamp":1613817857,"share":"https://ttm.financial/m/news/1143057177?lang=en_US&edition=fundamental","pubTime":"2021-02-20 18:44","market":"hk","language":"zh","title":"Beyond mobile phones, Xiaomi is also manufacturing cars, competing on two fronts to rival Apple and Tesla.","url":"https://stock-news.laohu8.com/highlight/detail?id=1143057177","media":"腾讯科技","summary":"2月19日，据晚点 LatePost报道，小米已确定造车，并视其为战略级决策，不过具体形式和路径还未确定，或许仍有变数，小米造车或将由小米集团创始人雷军亲自带队。小米造车的消息也刺激了资本市场，该消息","content":"<p>On February 19, according to LatePost, Xiaomi has decided to manufacture cars and regards it as a strategic decision. However, the specific form and path have not yet been determined, and there may still be uncertainties. Xiaomi's car manufacturing may be personally led by Lei Jun, the founder of Xiaomi Group. The news of Xiaomi manufacturing cars also stimulated the capital market, directly causing Xiaomi's stock price to rise by 10% at one point. Xiaomi officially declined to comment on this news.</p><p>A Xiaomi Group executive commented on<a href=\"https://laohu8.com/S/00700\">Tencent</a>According to the news outlet \"Deep View,\" Xiaomi has indeed discussed this matter internally, but whether it will ultimately build a car will depend on the official announcement.</p><p>Previously, Lei Jun's Shunwei Capital participated in the investment.<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars and<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>Both new car manufacturers faced a huge survival crisis in 2019 and completed their bottom out in 2020. Their current market capitalization is in the tens of billions of US dollars, with Nio once exceeding 100 billion US dollars, which is comparable to Xiaomi's market capitalization.</p><p>Lei Jun has been deeply involved in the development of both Nio and XPeng automobiles. In the early stages of Nio, he learned from Xiaomi's community operation experience. He Xiaopeng, chairman of XPeng Motors, has also discussed with Lei Jun many times the problems encountered in the process of starting a car business and how to solve them. During the most difficult period for XPeng automobiles in the second half of 2019, Xiaomi Group participated in the investment in XPeng Motors.</p><p>Nowadays, with<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Huawei<a href=\"https://laohu8.com/S/AAPL\">Apple</a>As technology and internet companies have been rumored to be manufacturing cars and gaining popularity in the capital market, Xiaomi has also begun to consider entering the car manufacturing field. However, Xiaomi was also the last of these technology companies to enter the market and does not have a first-mover advantage.</p><p><b>Has car manufacturing capabilities</b></p><p>Nio, a leading emerging electric vehicle manufacturer in China, was founded at the end of 2014. If Xiaomi only started in 2021, it would be nearly 7 years late, and it can be said that it has missed the best window of opportunity.</p><p>Over the past seven years, Nio has grown from nothing to something, with user enterprises as its development goal, becoming the first Chinese brand with an average selling price of over 400,000 yuan and monthly sales of over 5,000 units. It should be noted that this is an achievement that no Hongqi has ever achieved before.</p><p><a href=\"https://laohu8.com/S/LI\">Li Auto</a>XPeng Motors' first car, the Li Auto ONE, became the number one-selling new energy SUV model within just ONE year of its launch. XPeng Motors has also achieved leadership in automatic parking, voice interaction, and autonomous driving assistance from scratch, and...<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Despite the price reduction, sales are still steadily increasing.</p><p>As can be seen from the above, artificial intelligence vehicles with an internet background have a better understanding of user needs than those in the traditional automotive industry and have already gained initial user recognition. However, it also shows that the three companies in the first tier have already been established, while Baidu, Xiaomi, and the rumored Huawei, which joined later, are all far behind in terms of time.</p><p>In the mobile phone industry, a company that is seven years behind in R&D can hardly catch up, because many people usually replace their phones within a year. Seven years is enough for existing brands on the market to capture users' minds. However, compared with mobile phones, the iteration cycle of cars is slower, which is one of the reasons why technology companies such as Xiaomi and Baidu are considering entering the market.</p><p>To date, Baidu has announced its entry into the car manufacturing field, and...<a href=\"https://laohu8.com/S/00175\">Geely Automobile</a>They are collaborating to manufacture cars and have already selected a candidate for CEO of the car manufacturer. Baidu has invested a lot of human and material resources in the research and development and promotion of autonomous driving in the past few years, which means that its car manufacturing seems to be a matter of course, rather than truly starting from scratch.</p><p>Unlike Baidu, which has long cultivated the field of autonomous driving, Xiaomi lacks the corresponding technological accumulation in the field of car manufacturing and has not made any progress in autonomous driving in the past few years.<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Research and development in areas such as the cockpit does not seem to have the genes for car manufacturing. However, in reality, car manufacturing and mobile phone manufacturing are both entrepreneurs in the hardware field, and they share many common logics. In the past few years, Xiaomi and many other companies in the Xiaomi ecosystem have achieved success in many hardware products. Now Lei Jun wants to make an even bigger hardware product - automobiles.</p><p>Car manufacturing relies heavily on a company's technological research and development, design, supply chain, marketing, and manufacturing capabilities, which is precisely what Xiaomi, which has been making mobile phones for ten years, is very good at. The difference is that the supply chain management and manufacturing of automobiles are much more complex than those of mobile phones.</p><p>In terms of funding, car manufacturing requires at least tens of billions of yuan. Currently, Xiaomi has tens of billions of yuan in cash reserves, and with the company making a profit every year, as long as it continues to operate normally and its performance is good, it is enough to support the funding needs of an automobile company.</p><p><b>Car manufacturing mode options</b></p><p>Once Xiaomi enters the car manufacturing field, it has a variety of options, including starting from scratch to build its own cars, cooperating with existing car companies, or acquiring a non-leading car company to expand its presence.</p><p>Considering that Xiaomi entered the market relatively late, if it were to acquire land, build a factory, and start manufacturing cars independently from scratch, it would take at least three or four years to deliver its first mass-produced car. At this time, automakers such as Nio and XPeng have already delivered more than five mass-produced cars. With continuous upgrades and iterations, Xiaomi will become more mature in both software and hardware and autonomous driving. There will be a significant gap between Xiaomi and leading emerging players, so this is not the best strategy.</p><p>Another option is to refer to Baidu's relationship with Geely Automobile, and Nio' relationship with...<a href=\"https://laohu8.com/S/600418\">JAC Motors</a>The cooperation also involves partnering with existing established automakers. Xiaomi is responsible for technology research and development, design, supply chain, branding, sales, and service, while the partner automakers are mainly responsible for manufacturing, which will also take at least three years. If Xiaomi chooses to cooperate with traditional automakers, its potential partners include:<a href=\"https://laohu8.com/S/002594\">BYD</a>Many automakers, including Great Wall Motors and Chery; If Xiaomi chooses to cooperate with emerging players, it is most likely to establish such a partnership with XPeng Motor Company.</p><p>Xiaomi's most clever way to build cars is to acquire non-first-tier emerging car companies in the market, and then transform them to grow bigger. The biggest advantage of doing this is to save time and effectively avoid falling too far behind Tesla and several leading domestic emerging car companies.</p><p>Considering that the market capitalization of leading emerging electric vehicle companies has already formed a certain bubble, the emerging electric vehicle companies currently available for Xiaomi to acquire are mainly those in second- or third-tier cities or even lower-tier cities, such as Leapmotor, Aiways, Nezha Auto, Byton, HiPhi, Youxia Auto, and Singulato Auto.</p><p><b>Potential and Hidden Concerns</b></p><p>The Xiaomi brand is now a household name in China, and the marketing and brand awareness of Xiaomi cars will directly benefit from this, which will also help Xiaomi increase sales. Given Xiaomi's indispensable position in the smartphone and smart home fields, once the Xiaomi car achieves considerable sales after its release, it will truly achieve a perfect integration of people, cars, and homes in the future.</p><p>Once Xiaomi achieves this, it will undoubtedly become a super tech giant spanning both the mobile phone and automotive industries.</p><p>In the most optimistic scenario, Xiaomi is expected to simultaneously become one of the world's top mobile phone and car brands, a giant company that can compete with both Apple and Tesla, and its market capitalization is far beyond what it is now.</p><p>On the other hand, once Xiaomi officially starts manufacturing cars, it means that a large part of the company's human, material and financial resources will be diverted to the car project, which will affect the development of the mobile phone business to some extent. If Xiaomi operates on two fronts, it will be exhausted and easily lose its leading advantage when facing competition from brands such as OPPO, vivo, and Honor. If Huawei returns, it will further intensify Xiaomi's competitive pressure.</p><p>Compared to Baidu, Xiaomi has obvious advantages in car manufacturing, but it also has shortcomings. The advantage lies in the fact that Xiaomi, under Lei Jun's leadership, is a company with a wolfish spirit. Once it enters a field, it will rush forward recklessly and often easily carve out a niche for itself. Baidu lacks this wolfish spirit and ruthlessness. The weakness lies in the fact that Xiaomi's past cash flow reserves were not as abundant as Baidu's. At the same time, it faces the pressure of fighting on two fronts. If it faces a cash flow crisis, it is possible that it will lose everything one wrong move.</p><p>For Xiaomi, car manufacturing is an industry with huge potential to put the company back on an upward trajectory, but it is also a decision full of potential risks, which is an important reason why Lei Jun hesitated to do so over the past two years.</p>","source":"lsy1580517846866","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Beyond mobile phones, Xiaomi is also manufacturing cars, competing on two fronts to rival Apple and Tesla.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBeyond mobile phones, Xiaomi is also manufacturing cars, competing on two fronts to rival Apple and Tesla.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">腾讯科技</strong><span class=\"h-time small\">2021-02-20 18:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p>On February 19, according to LatePost, Xiaomi has decided to manufacture cars and regards it as a strategic decision. However, the specific form and path have not yet been determined, and there may still be uncertainties. Xiaomi's car manufacturing may be personally led by Lei Jun, the founder of Xiaomi Group. The news of Xiaomi manufacturing cars also stimulated the capital market, directly causing Xiaomi's stock price to rise by 10% at one point. Xiaomi officially declined to comment on this news.</p><p>A Xiaomi Group executive commented on<a href=\"https://laohu8.com/S/00700\">Tencent</a>According to the news outlet \"Deep View,\" Xiaomi has indeed discussed this matter internally, but whether it will ultimately build a car will depend on the official announcement.</p><p>Previously, Lei Jun's Shunwei Capital participated in the investment.<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars and<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>Both new car manufacturers faced a huge survival crisis in 2019 and completed their bottom out in 2020. Their current market capitalization is in the tens of billions of US dollars, with Nio once exceeding 100 billion US dollars, which is comparable to Xiaomi's market capitalization.</p><p>Lei Jun has been deeply involved in the development of both Nio and XPeng automobiles. In the early stages of Nio, he learned from Xiaomi's community operation experience. He Xiaopeng, chairman of XPeng Motors, has also discussed with Lei Jun many times the problems encountered in the process of starting a car business and how to solve them. During the most difficult period for XPeng automobiles in the second half of 2019, Xiaomi Group participated in the investment in XPeng Motors.</p><p>Nowadays, with<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Huawei<a href=\"https://laohu8.com/S/AAPL\">Apple</a>As technology and internet companies have been rumored to be manufacturing cars and gaining popularity in the capital market, Xiaomi has also begun to consider entering the car manufacturing field. However, Xiaomi was also the last of these technology companies to enter the market and does not have a first-mover advantage.</p><p><b>Has car manufacturing capabilities</b></p><p>Nio, a leading emerging electric vehicle manufacturer in China, was founded at the end of 2014. If Xiaomi only started in 2021, it would be nearly 7 years late, and it can be said that it has missed the best window of opportunity.</p><p>Over the past seven years, Nio has grown from nothing to something, with user enterprises as its development goal, becoming the first Chinese brand with an average selling price of over 400,000 yuan and monthly sales of over 5,000 units. It should be noted that this is an achievement that no Hongqi has ever achieved before.</p><p><a href=\"https://laohu8.com/S/LI\">Li Auto</a>XPeng Motors' first car, the Li Auto ONE, became the number one-selling new energy SUV model within just ONE year of its launch. XPeng Motors has also achieved leadership in automatic parking, voice interaction, and autonomous driving assistance from scratch, and...<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Despite the price reduction, sales are still steadily increasing.</p><p>As can be seen from the above, artificial intelligence vehicles with an internet background have a better understanding of user needs than those in the traditional automotive industry and have already gained initial user recognition. However, it also shows that the three companies in the first tier have already been established, while Baidu, Xiaomi, and the rumored Huawei, which joined later, are all far behind in terms of time.</p><p>In the mobile phone industry, a company that is seven years behind in R&D can hardly catch up, because many people usually replace their phones within a year. Seven years is enough for existing brands on the market to capture users' minds. However, compared with mobile phones, the iteration cycle of cars is slower, which is one of the reasons why technology companies such as Xiaomi and Baidu are considering entering the market.</p><p>To date, Baidu has announced its entry into the car manufacturing field, and...<a href=\"https://laohu8.com/S/00175\">Geely Automobile</a>They are collaborating to manufacture cars and have already selected a candidate for CEO of the car manufacturer. Baidu has invested a lot of human and material resources in the research and development and promotion of autonomous driving in the past few years, which means that its car manufacturing seems to be a matter of course, rather than truly starting from scratch.</p><p>Unlike Baidu, which has long cultivated the field of autonomous driving, Xiaomi lacks the corresponding technological accumulation in the field of car manufacturing and has not made any progress in autonomous driving in the past few years.<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Research and development in areas such as the cockpit does not seem to have the genes for car manufacturing. However, in reality, car manufacturing and mobile phone manufacturing are both entrepreneurs in the hardware field, and they share many common logics. In the past few years, Xiaomi and many other companies in the Xiaomi ecosystem have achieved success in many hardware products. Now Lei Jun wants to make an even bigger hardware product - automobiles.</p><p>Car manufacturing relies heavily on a company's technological research and development, design, supply chain, marketing, and manufacturing capabilities, which is precisely what Xiaomi, which has been making mobile phones for ten years, is very good at. The difference is that the supply chain management and manufacturing of automobiles are much more complex than those of mobile phones.</p><p>In terms of funding, car manufacturing requires at least tens of billions of yuan. Currently, Xiaomi has tens of billions of yuan in cash reserves, and with the company making a profit every year, as long as it continues to operate normally and its performance is good, it is enough to support the funding needs of an automobile company.</p><p><b>Car manufacturing mode options</b></p><p>Once Xiaomi enters the car manufacturing field, it has a variety of options, including starting from scratch to build its own cars, cooperating with existing car companies, or acquiring a non-leading car company to expand its presence.</p><p>Considering that Xiaomi entered the market relatively late, if it were to acquire land, build a factory, and start manufacturing cars independently from scratch, it would take at least three or four years to deliver its first mass-produced car. At this time, automakers such as Nio and XPeng have already delivered more than five mass-produced cars. With continuous upgrades and iterations, Xiaomi will become more mature in both software and hardware and autonomous driving. There will be a significant gap between Xiaomi and leading emerging players, so this is not the best strategy.</p><p>Another option is to refer to Baidu's relationship with Geely Automobile, and Nio' relationship with...<a href=\"https://laohu8.com/S/600418\">JAC Motors</a>The cooperation also involves partnering with existing established automakers. Xiaomi is responsible for technology research and development, design, supply chain, branding, sales, and service, while the partner automakers are mainly responsible for manufacturing, which will also take at least three years. If Xiaomi chooses to cooperate with traditional automakers, its potential partners include:<a href=\"https://laohu8.com/S/002594\">BYD</a>Many automakers, including Great Wall Motors and Chery; If Xiaomi chooses to cooperate with emerging players, it is most likely to establish such a partnership with XPeng Motor Company.</p><p>Xiaomi's most clever way to build cars is to acquire non-first-tier emerging car companies in the market, and then transform them to grow bigger. The biggest advantage of doing this is to save time and effectively avoid falling too far behind Tesla and several leading domestic emerging car companies.</p><p>Considering that the market capitalization of leading emerging electric vehicle companies has already formed a certain bubble, the emerging electric vehicle companies currently available for Xiaomi to acquire are mainly those in second- or third-tier cities or even lower-tier cities, such as Leapmotor, Aiways, Nezha Auto, Byton, HiPhi, Youxia Auto, and Singulato Auto.</p><p><b>Potential and Hidden Concerns</b></p><p>The Xiaomi brand is now a household name in China, and the marketing and brand awareness of Xiaomi cars will directly benefit from this, which will also help Xiaomi increase sales. Given Xiaomi's indispensable position in the smartphone and smart home fields, once the Xiaomi car achieves considerable sales after its release, it will truly achieve a perfect integration of people, cars, and homes in the future.</p><p>Once Xiaomi achieves this, it will undoubtedly become a super tech giant spanning both the mobile phone and automotive industries.</p><p>In the most optimistic scenario, Xiaomi is expected to simultaneously become one of the world's top mobile phone and car brands, a giant company that can compete with both Apple and Tesla, and its market capitalization is far beyond what it is now.</p><p>On the other hand, once Xiaomi officially starts manufacturing cars, it means that a large part of the company's human, material and financial resources will be diverted to the car project, which will affect the development of the mobile phone business to some extent. If Xiaomi operates on two fronts, it will be exhausted and easily lose its leading advantage when facing competition from brands such as OPPO, vivo, and Honor. If Huawei returns, it will further intensify Xiaomi's competitive pressure.</p><p>Compared to Baidu, Xiaomi has obvious advantages in car manufacturing, but it also has shortcomings. The advantage lies in the fact that Xiaomi, under Lei Jun's leadership, is a company with a wolfish spirit. Once it enters a field, it will rush forward recklessly and often easily carve out a niche for itself. Baidu lacks this wolfish spirit and ruthlessness. The weakness lies in the fact that Xiaomi's past cash flow reserves were not as abundant as Baidu's. At the same time, it faces the pressure of fighting on two fronts. If it faces a cash flow crisis, it is possible that it will lose everything one wrong move.</p><p>For Xiaomi, car manufacturing is an industry with huge potential to put the company back on an upward trajectory, but it is also a decision full of potential risks, which is an important reason why Lei Jun hesitated to do so over the past two years.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/-PDJRnzcCVvrKWaM8h3U6Q\">腾讯科技</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/14d6e649b06703312499e84952510944","relate_stocks":{"01810":"小米集团-W"},"source_url":"https://mp.weixin.qq.com/s/-PDJRnzcCVvrKWaM8h3U6Q","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143057177","content_text":"2月19日，据晚点 LatePost报道，小米已确定造车，并视其为战略级决策，不过具体形式和路径还未确定，或许仍有变数，小米造车或将由小米集团创始人雷军亲自带队。小米造车的消息也刺激了资本市场，该消息直接导致小米股价一度拉升10%。对于此消息，小米官方不置可否。\n一位小米集团管理层人士对腾讯新闻《潜望》表示，小米内部确实讨论过此事，但最终是否会造车以官方公告为准。\n此前，雷军旗下顺为资本参与投资了蔚来汽车和小鹏汽车两家新造车企业，两家企业都曾在2019年遭遇巨大的生存危机，并在2020年完成触底反弹，目前市值也都在数百亿美元，其中蔚来市值更是一度超越千亿美元，与小米市值相当。\n在蔚来和小鹏汽车发展过程中，雷军都曾深度参与帮忙，其中蔚来发展早期，曾借鉴了小米的社群运营经验，而小鹏汽车董事长何小鹏也多次与雷军探讨造车创业过程中遇到的问题以及如何解决，在2019年下半年小鹏汽车最艰难的时期，小米集团参与了对小鹏汽车的投资。\n如今，随着百度、华为、苹果等科技互联网公司相继传出造车，并在资本市场大受追捧，小米也开始考虑进入造车领域。然而，小米也是这几家科技公司中，最晚入局的企业，并不具有先发优势。\n具有造车能力\n国内造车新势力头部企业蔚来成立于2014年底，小米到2021年才起步的话已经晚了将近7年时间，可以说已经错过了最佳的时间窗口。\n过去七年，蔚来从无到有，以用户企业为发展目标，成为首个平均售价超过40万且单月销量超过5000台的中国品牌，要知道这是以往红旗都没做到的成绩。\n理想汽车的第一款车理想ONE 上市仅一年就成了新能源SUV单一车型销量第一名，而小鹏汽车也从零做到了自动泊车、语音交互以及自动驾驶辅助方面的领先，并且在特斯拉降价的情况下销量还在稳步上升。\n从上述情况可以看出，互联网背景出身的人造车比传统汽车行业的人更加洞悉用户需求，目前已经初步取得了用户的认可。但从另一个方面也说明，第一梯队的三家公司目前已经确立，而后来加入的百度、小米以及传言中的华为，都在时间上落后不少。\n如果是做手机，一家企业在研发上落后7年几乎无法追赶上，因为很多人的换机频率通常都在一年内之内，7年时间足以使市场上的已有品牌占领用户心智，但是与手机相比，汽车迭代周期更慢，这也是小米和百度等科技企业考虑入局的原因之一。\n截至目前，百度已宣布进入造车领域，与吉利汽车合作进行造车，并且已选定该造车公司CEO人选。百度过去几年在自动驾驶领域投入大量人力物力进行研发和推广，意味着其造车显得理所应当，并非真正从零开始。\n相比起百度长期耕耘自动驾驶领域不同的是，小米在造车领域缺乏相应技术的积累，过去几年并没有在汽车自动驾驶、智能座舱等方向进行研发，看起来不具有造车的基因。但实际上，造车与造手机同为硬件领域创业，在很多大逻辑上都是相通的。过去几年，小米以及众多小米生态链企业做出的多款硬件产品都取得了成功，如今雷军想做一个更大的硬件——汽车。\n造车特别依赖一家企业的技术研发、设计、供应链、营销以及生产制造能力，而这恰恰是做了十年手机的小米很擅长的工作。不同的是，汽车的供应链管理以及生产制造都比手机要复杂很多。\n资金层面，造车需要至少上百亿的资金，目前小米现金储备数百亿元，加上公司每年都在盈利，只要一直运转正常业绩向好，足够支撑起一家汽车企业的资金需求。\n造车模式可选项\n小米一旦进入造车领域，具体模式具有多种可选项，包括从零开始自主造车、与现有车企合作或者收购一家非头部车企做大等。\n考虑到小米入局时间已经较晚，如果再拿地建厂再从零开始自主造车，至少需要三四年时间才能交付首款量产车，而这时的蔚来、小鹏等车企都已经交付五款以上的量产车，随着持续不断地升级迭代，无论在软硬件还是自动驾驶层面都更为成熟，小米将会与头部新势力存在明显差距，因此这并非上策。\n另一种可选项是参考百度与吉利汽车，以及蔚来与江淮汽车的合作，也选择与现有成熟车企进行合作，小米负责技术研发、设计、供应链、品牌、销售、服务等方面，而合作车企主要负责生产制造，这同样需要至少三年时间。如果选择与传统车企合作，小米的潜在合作对象包括比亚迪、长城、奇瑞等诸多车企；如果选择与新势力合作，小米最有可能与小鹏汽车建立这样的合作关系。\n小米造车最为讨巧的方式是，收购市场上的非一线新势力车企，然后将其改造再做大，这样做最大的好处在于节省时间，有效避免自己与特斯拉以及几家国内头部新势力的差距过大。\n考虑到头部新势力的市值已经拥有一定泡沫，目前市场上可供小米收购的新势力车企，主要是处于二三线或更落后的车企，如零跑汽车、爱驰汽车、哪吒汽车、拜腾汽车、高合汽车、游侠汽车、奇点汽车等。\n潜力与隐忧\n小米品牌目前在中国家喻户晓，小米汽车的营销与知名度将会直接受益于此，这也将帮助小米提升销量。考虑到目前小米在智能手机和智能家居领域不可或缺的地位，一旦小米汽车发布后销量可观，未来将真正实现人、车与家的完美融合。\n一旦小米做成这件事，无疑将会成为横跨手机和汽车两大行业的超级科技巨头。\n最乐观的情况下，小米有望同时成为全球排名前几的手机品牌和汽车品牌，成为同时对标苹果和特斯拉的巨型企业，其市值也远非现在可比。\n但从另一方面，小米一旦正式开始造车，就意味着整个公司将会有很大一部分人力物力财力都被分散到汽车项目上，这样将会在一定程度上影响手机业务的发展。如果小米双线作战，在面临OPPO、vivo和荣耀等品牌的竞争时就会疲于奔命，容易丢掉领先优势，如果华为再度回归，将会进一步加剧小米的竞争压力。\n与百度相比，小米造车具有其明显优势之处，但同样也存在短板。优势之处在于雷军掌舵下的小米是一家具有狼性的企业，一旦进入一个领域便会不顾一切向前冲，往往容易杀出一片天，百度就缺乏这种狼性与狠劲。而短板就在于小米过去的现金流储备没有百度充裕，同时面临双线作战的压力，一旦面临资金链危机，不排除出现一着不慎满盘皆输的局面。\n对小米而言，造车是一个拥有巨大潜力可让公司重新进入上升通道的行业，但同时也是一个充满潜在风险的决定，这也是过去两年雷军对此犹豫不决的重要原因。","news_type":1,"symbols_score_info":{"01810":0.9}},"isVote":1,"tweetType":1,"viewCount":5508,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360393606,"gmtCreate":1613825458605,"gmtModify":1704885373438,"author":{"id":"3576808490333004","authorId":"3576808490333004","name":"一茗王","avatar":"https://static.tigerbbs.com/bb488b40ca1e9b06bfd387f3acf02dcc","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576808490333004","idStr":"3576808490333004"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360393606","repostId":"1143057177","repostType":4,"repost":{"id":"1143057177","kind":"news","pubTimestamp":1613817857,"share":"https://ttm.financial/m/news/1143057177?lang=en_US&edition=fundamental","pubTime":"2021-02-20 18:44","market":"hk","language":"zh","title":"Beyond mobile phones, Xiaomi is also manufacturing cars, competing on two fronts to rival Apple and Tesla.","url":"https://stock-news.laohu8.com/highlight/detail?id=1143057177","media":"腾讯科技","summary":"2月19日，据晚点 LatePost报道，小米已确定造车，并视其为战略级决策，不过具体形式和路径还未确定，或许仍有变数，小米造车或将由小米集团创始人雷军亲自带队。小米造车的消息也刺激了资本市场，该消息","content":"<p>On February 19, according to LatePost, Xiaomi has decided to manufacture cars and regards it as a strategic decision. However, the specific form and path have not yet been determined, and there may still be uncertainties. Xiaomi's car manufacturing may be personally led by Lei Jun, the founder of Xiaomi Group. The news of Xiaomi manufacturing cars also stimulated the capital market, directly causing Xiaomi's stock price to rise by 10% at one point. Xiaomi officially declined to comment on this news.</p><p>A Xiaomi Group executive commented on<a href=\"https://laohu8.com/S/00700\">Tencent</a>According to the news outlet \"Deep View,\" Xiaomi has indeed discussed this matter internally, but whether it will ultimately build a car will depend on the official announcement.</p><p>Previously, Lei Jun's Shunwei Capital participated in the investment.<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars and<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>Both new car manufacturers faced a huge survival crisis in 2019 and completed their bottom out in 2020. Their current market capitalization is in the tens of billions of US dollars, with Nio once exceeding 100 billion US dollars, which is comparable to Xiaomi's market capitalization.</p><p>Lei Jun has been deeply involved in the development of both Nio and XPeng automobiles. In the early stages of Nio, he learned from Xiaomi's community operation experience. He Xiaopeng, chairman of XPeng Motors, has also discussed with Lei Jun many times the problems encountered in the process of starting a car business and how to solve them. During the most difficult period for XPeng automobiles in the second half of 2019, Xiaomi Group participated in the investment in XPeng Motors.</p><p>Nowadays, with<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Huawei<a href=\"https://laohu8.com/S/AAPL\">Apple</a>As technology and internet companies have been rumored to be manufacturing cars and gaining popularity in the capital market, Xiaomi has also begun to consider entering the car manufacturing field. However, Xiaomi was also the last of these technology companies to enter the market and does not have a first-mover advantage.</p><p><b>Has car manufacturing capabilities</b></p><p>Nio, a leading emerging electric vehicle manufacturer in China, was founded at the end of 2014. If Xiaomi only started in 2021, it would be nearly 7 years late, and it can be said that it has missed the best window of opportunity.</p><p>Over the past seven years, Nio has grown from nothing to something, with user enterprises as its development goal, becoming the first Chinese brand with an average selling price of over 400,000 yuan and monthly sales of over 5,000 units. It should be noted that this is an achievement that no Hongqi has ever achieved before.</p><p><a href=\"https://laohu8.com/S/LI\">Li Auto</a>XPeng Motors' first car, the Li Auto ONE, became the number one-selling new energy SUV model within just ONE year of its launch. XPeng Motors has also achieved leadership in automatic parking, voice interaction, and autonomous driving assistance from scratch, and...<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Despite the price reduction, sales are still steadily increasing.</p><p>As can be seen from the above, artificial intelligence vehicles with an internet background have a better understanding of user needs than those in the traditional automotive industry and have already gained initial user recognition. However, it also shows that the three companies in the first tier have already been established, while Baidu, Xiaomi, and the rumored Huawei, which joined later, are all far behind in terms of time.</p><p>In the mobile phone industry, a company that is seven years behind in R&D can hardly catch up, because many people usually replace their phones within a year. Seven years is enough for existing brands on the market to capture users' minds. However, compared with mobile phones, the iteration cycle of cars is slower, which is one of the reasons why technology companies such as Xiaomi and Baidu are considering entering the market.</p><p>To date, Baidu has announced its entry into the car manufacturing field, and...<a href=\"https://laohu8.com/S/00175\">Geely Automobile</a>They are collaborating to manufacture cars and have already selected a candidate for CEO of the car manufacturer. Baidu has invested a lot of human and material resources in the research and development and promotion of autonomous driving in the past few years, which means that its car manufacturing seems to be a matter of course, rather than truly starting from scratch.</p><p>Unlike Baidu, which has long cultivated the field of autonomous driving, Xiaomi lacks the corresponding technological accumulation in the field of car manufacturing and has not made any progress in autonomous driving in the past few years.<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Research and development in areas such as the cockpit does not seem to have the genes for car manufacturing. However, in reality, car manufacturing and mobile phone manufacturing are both entrepreneurs in the hardware field, and they share many common logics. In the past few years, Xiaomi and many other companies in the Xiaomi ecosystem have achieved success in many hardware products. Now Lei Jun wants to make an even bigger hardware product - automobiles.</p><p>Car manufacturing relies heavily on a company's technological research and development, design, supply chain, marketing, and manufacturing capabilities, which is precisely what Xiaomi, which has been making mobile phones for ten years, is very good at. The difference is that the supply chain management and manufacturing of automobiles are much more complex than those of mobile phones.</p><p>In terms of funding, car manufacturing requires at least tens of billions of yuan. Currently, Xiaomi has tens of billions of yuan in cash reserves, and with the company making a profit every year, as long as it continues to operate normally and its performance is good, it is enough to support the funding needs of an automobile company.</p><p><b>Car manufacturing mode options</b></p><p>Once Xiaomi enters the car manufacturing field, it has a variety of options, including starting from scratch to build its own cars, cooperating with existing car companies, or acquiring a non-leading car company to expand its presence.</p><p>Considering that Xiaomi entered the market relatively late, if it were to acquire land, build a factory, and start manufacturing cars independently from scratch, it would take at least three or four years to deliver its first mass-produced car. At this time, automakers such as Nio and XPeng have already delivered more than five mass-produced cars. With continuous upgrades and iterations, Xiaomi will become more mature in both software and hardware and autonomous driving. There will be a significant gap between Xiaomi and leading emerging players, so this is not the best strategy.</p><p>Another option is to refer to Baidu's relationship with Geely Automobile, and Nio' relationship with...<a href=\"https://laohu8.com/S/600418\">JAC Motors</a>The cooperation also involves partnering with existing established automakers. Xiaomi is responsible for technology research and development, design, supply chain, branding, sales, and service, while the partner automakers are mainly responsible for manufacturing, which will also take at least three years. If Xiaomi chooses to cooperate with traditional automakers, its potential partners include:<a href=\"https://laohu8.com/S/002594\">BYD</a>Many automakers, including Great Wall Motors and Chery; If Xiaomi chooses to cooperate with emerging players, it is most likely to establish such a partnership with XPeng Motor Company.</p><p>Xiaomi's most clever way to build cars is to acquire non-first-tier emerging car companies in the market, and then transform them to grow bigger. The biggest advantage of doing this is to save time and effectively avoid falling too far behind Tesla and several leading domestic emerging car companies.</p><p>Considering that the market capitalization of leading emerging electric vehicle companies has already formed a certain bubble, the emerging electric vehicle companies currently available for Xiaomi to acquire are mainly those in second- or third-tier cities or even lower-tier cities, such as Leapmotor, Aiways, Nezha Auto, Byton, HiPhi, Youxia Auto, and Singulato Auto.</p><p><b>Potential and Hidden Concerns</b></p><p>The Xiaomi brand is now a household name in China, and the marketing and brand awareness of Xiaomi cars will directly benefit from this, which will also help Xiaomi increase sales. Given Xiaomi's indispensable position in the smartphone and smart home fields, once the Xiaomi car achieves considerable sales after its release, it will truly achieve a perfect integration of people, cars, and homes in the future.</p><p>Once Xiaomi achieves this, it will undoubtedly become a super tech giant spanning both the mobile phone and automotive industries.</p><p>In the most optimistic scenario, Xiaomi is expected to simultaneously become one of the world's top mobile phone and car brands, a giant company that can compete with both Apple and Tesla, and its market capitalization is far beyond what it is now.</p><p>On the other hand, once Xiaomi officially starts manufacturing cars, it means that a large part of the company's human, material and financial resources will be diverted to the car project, which will affect the development of the mobile phone business to some extent. If Xiaomi operates on two fronts, it will be exhausted and easily lose its leading advantage when facing competition from brands such as OPPO, vivo, and Honor. If Huawei returns, it will further intensify Xiaomi's competitive pressure.</p><p>Compared to Baidu, Xiaomi has obvious advantages in car manufacturing, but it also has shortcomings. The advantage lies in the fact that Xiaomi, under Lei Jun's leadership, is a company with a wolfish spirit. Once it enters a field, it will rush forward recklessly and often easily carve out a niche for itself. Baidu lacks this wolfish spirit and ruthlessness. The weakness lies in the fact that Xiaomi's past cash flow reserves were not as abundant as Baidu's. At the same time, it faces the pressure of fighting on two fronts. If it faces a cash flow crisis, it is possible that it will lose everything one wrong move.</p><p>For Xiaomi, car manufacturing is an industry with huge potential to put the company back on an upward trajectory, but it is also a decision full of potential risks, which is an important reason why Lei Jun hesitated to do so over the past two years.</p>","source":"lsy1580517846866","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Beyond mobile phones, Xiaomi is also manufacturing cars, competing on two fronts to rival Apple and Tesla.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBeyond mobile phones, Xiaomi is also manufacturing cars, competing on two fronts to rival Apple and Tesla.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">腾讯科技</strong><span class=\"h-time small\">2021-02-20 18:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p>On February 19, according to LatePost, Xiaomi has decided to manufacture cars and regards it as a strategic decision. However, the specific form and path have not yet been determined, and there may still be uncertainties. Xiaomi's car manufacturing may be personally led by Lei Jun, the founder of Xiaomi Group. The news of Xiaomi manufacturing cars also stimulated the capital market, directly causing Xiaomi's stock price to rise by 10% at one point. Xiaomi officially declined to comment on this news.</p><p>A Xiaomi Group executive commented on<a href=\"https://laohu8.com/S/00700\">Tencent</a>According to the news outlet \"Deep View,\" Xiaomi has indeed discussed this matter internally, but whether it will ultimately build a car will depend on the official announcement.</p><p>Previously, Lei Jun's Shunwei Capital participated in the investment.<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars and<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>Both new car manufacturers faced a huge survival crisis in 2019 and completed their bottom out in 2020. Their current market capitalization is in the tens of billions of US dollars, with Nio once exceeding 100 billion US dollars, which is comparable to Xiaomi's market capitalization.</p><p>Lei Jun has been deeply involved in the development of both Nio and XPeng automobiles. In the early stages of Nio, he learned from Xiaomi's community operation experience. He Xiaopeng, chairman of XPeng Motors, has also discussed with Lei Jun many times the problems encountered in the process of starting a car business and how to solve them. During the most difficult period for XPeng automobiles in the second half of 2019, Xiaomi Group participated in the investment in XPeng Motors.</p><p>Nowadays, with<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Huawei<a href=\"https://laohu8.com/S/AAPL\">Apple</a>As technology and internet companies have been rumored to be manufacturing cars and gaining popularity in the capital market, Xiaomi has also begun to consider entering the car manufacturing field. However, Xiaomi was also the last of these technology companies to enter the market and does not have a first-mover advantage.</p><p><b>Has car manufacturing capabilities</b></p><p>Nio, a leading emerging electric vehicle manufacturer in China, was founded at the end of 2014. If Xiaomi only started in 2021, it would be nearly 7 years late, and it can be said that it has missed the best window of opportunity.</p><p>Over the past seven years, Nio has grown from nothing to something, with user enterprises as its development goal, becoming the first Chinese brand with an average selling price of over 400,000 yuan and monthly sales of over 5,000 units. It should be noted that this is an achievement that no Hongqi has ever achieved before.</p><p><a href=\"https://laohu8.com/S/LI\">Li Auto</a>XPeng Motors' first car, the Li Auto ONE, became the number one-selling new energy SUV model within just ONE year of its launch. XPeng Motors has also achieved leadership in automatic parking, voice interaction, and autonomous driving assistance from scratch, and...<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Despite the price reduction, sales are still steadily increasing.</p><p>As can be seen from the above, artificial intelligence vehicles with an internet background have a better understanding of user needs than those in the traditional automotive industry and have already gained initial user recognition. However, it also shows that the three companies in the first tier have already been established, while Baidu, Xiaomi, and the rumored Huawei, which joined later, are all far behind in terms of time.</p><p>In the mobile phone industry, a company that is seven years behind in R&D can hardly catch up, because many people usually replace their phones within a year. Seven years is enough for existing brands on the market to capture users' minds. However, compared with mobile phones, the iteration cycle of cars is slower, which is one of the reasons why technology companies such as Xiaomi and Baidu are considering entering the market.</p><p>To date, Baidu has announced its entry into the car manufacturing field, and...<a href=\"https://laohu8.com/S/00175\">Geely Automobile</a>They are collaborating to manufacture cars and have already selected a candidate for CEO of the car manufacturer. Baidu has invested a lot of human and material resources in the research and development and promotion of autonomous driving in the past few years, which means that its car manufacturing seems to be a matter of course, rather than truly starting from scratch.</p><p>Unlike Baidu, which has long cultivated the field of autonomous driving, Xiaomi lacks the corresponding technological accumulation in the field of car manufacturing and has not made any progress in autonomous driving in the past few years.<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Research and development in areas such as the cockpit does not seem to have the genes for car manufacturing. However, in reality, car manufacturing and mobile phone manufacturing are both entrepreneurs in the hardware field, and they share many common logics. In the past few years, Xiaomi and many other companies in the Xiaomi ecosystem have achieved success in many hardware products. Now Lei Jun wants to make an even bigger hardware product - automobiles.</p><p>Car manufacturing relies heavily on a company's technological research and development, design, supply chain, marketing, and manufacturing capabilities, which is precisely what Xiaomi, which has been making mobile phones for ten years, is very good at. The difference is that the supply chain management and manufacturing of automobiles are much more complex than those of mobile phones.</p><p>In terms of funding, car manufacturing requires at least tens of billions of yuan. Currently, Xiaomi has tens of billions of yuan in cash reserves, and with the company making a profit every year, as long as it continues to operate normally and its performance is good, it is enough to support the funding needs of an automobile company.</p><p><b>Car manufacturing mode options</b></p><p>Once Xiaomi enters the car manufacturing field, it has a variety of options, including starting from scratch to build its own cars, cooperating with existing car companies, or acquiring a non-leading car company to expand its presence.</p><p>Considering that Xiaomi entered the market relatively late, if it were to acquire land, build a factory, and start manufacturing cars independently from scratch, it would take at least three or four years to deliver its first mass-produced car. At this time, automakers such as Nio and XPeng have already delivered more than five mass-produced cars. With continuous upgrades and iterations, Xiaomi will become more mature in both software and hardware and autonomous driving. There will be a significant gap between Xiaomi and leading emerging players, so this is not the best strategy.</p><p>Another option is to refer to Baidu's relationship with Geely Automobile, and Nio' relationship with...<a href=\"https://laohu8.com/S/600418\">JAC Motors</a>The cooperation also involves partnering with existing established automakers. Xiaomi is responsible for technology research and development, design, supply chain, branding, sales, and service, while the partner automakers are mainly responsible for manufacturing, which will also take at least three years. If Xiaomi chooses to cooperate with traditional automakers, its potential partners include:<a href=\"https://laohu8.com/S/002594\">BYD</a>Many automakers, including Great Wall Motors and Chery; If Xiaomi chooses to cooperate with emerging players, it is most likely to establish such a partnership with XPeng Motor Company.</p><p>Xiaomi's most clever way to build cars is to acquire non-first-tier emerging car companies in the market, and then transform them to grow bigger. The biggest advantage of doing this is to save time and effectively avoid falling too far behind Tesla and several leading domestic emerging car companies.</p><p>Considering that the market capitalization of leading emerging electric vehicle companies has already formed a certain bubble, the emerging electric vehicle companies currently available for Xiaomi to acquire are mainly those in second- or third-tier cities or even lower-tier cities, such as Leapmotor, Aiways, Nezha Auto, Byton, HiPhi, Youxia Auto, and Singulato Auto.</p><p><b>Potential and Hidden Concerns</b></p><p>The Xiaomi brand is now a household name in China, and the marketing and brand awareness of Xiaomi cars will directly benefit from this, which will also help Xiaomi increase sales. Given Xiaomi's indispensable position in the smartphone and smart home fields, once the Xiaomi car achieves considerable sales after its release, it will truly achieve a perfect integration of people, cars, and homes in the future.</p><p>Once Xiaomi achieves this, it will undoubtedly become a super tech giant spanning both the mobile phone and automotive industries.</p><p>In the most optimistic scenario, Xiaomi is expected to simultaneously become one of the world's top mobile phone and car brands, a giant company that can compete with both Apple and Tesla, and its market capitalization is far beyond what it is now.</p><p>On the other hand, once Xiaomi officially starts manufacturing cars, it means that a large part of the company's human, material and financial resources will be diverted to the car project, which will affect the development of the mobile phone business to some extent. If Xiaomi operates on two fronts, it will be exhausted and easily lose its leading advantage when facing competition from brands such as OPPO, vivo, and Honor. If Huawei returns, it will further intensify Xiaomi's competitive pressure.</p><p>Compared to Baidu, Xiaomi has obvious advantages in car manufacturing, but it also has shortcomings. The advantage lies in the fact that Xiaomi, under Lei Jun's leadership, is a company with a wolfish spirit. Once it enters a field, it will rush forward recklessly and often easily carve out a niche for itself. Baidu lacks this wolfish spirit and ruthlessness. The weakness lies in the fact that Xiaomi's past cash flow reserves were not as abundant as Baidu's. At the same time, it faces the pressure of fighting on two fronts. If it faces a cash flow crisis, it is possible that it will lose everything one wrong move.</p><p>For Xiaomi, car manufacturing is an industry with huge potential to put the company back on an upward trajectory, but it is also a decision full of potential risks, which is an important reason why Lei Jun hesitated to do so over the past two years.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/-PDJRnzcCVvrKWaM8h3U6Q\">腾讯科技</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/14d6e649b06703312499e84952510944","relate_stocks":{"01810":"小米集团-W"},"source_url":"https://mp.weixin.qq.com/s/-PDJRnzcCVvrKWaM8h3U6Q","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143057177","content_text":"2月19日，据晚点 LatePost报道，小米已确定造车，并视其为战略级决策，不过具体形式和路径还未确定，或许仍有变数，小米造车或将由小米集团创始人雷军亲自带队。小米造车的消息也刺激了资本市场，该消息直接导致小米股价一度拉升10%。对于此消息，小米官方不置可否。\n一位小米集团管理层人士对腾讯新闻《潜望》表示，小米内部确实讨论过此事，但最终是否会造车以官方公告为准。\n此前，雷军旗下顺为资本参与投资了蔚来汽车和小鹏汽车两家新造车企业，两家企业都曾在2019年遭遇巨大的生存危机，并在2020年完成触底反弹，目前市值也都在数百亿美元，其中蔚来市值更是一度超越千亿美元，与小米市值相当。\n在蔚来和小鹏汽车发展过程中，雷军都曾深度参与帮忙，其中蔚来发展早期，曾借鉴了小米的社群运营经验，而小鹏汽车董事长何小鹏也多次与雷军探讨造车创业过程中遇到的问题以及如何解决，在2019年下半年小鹏汽车最艰难的时期，小米集团参与了对小鹏汽车的投资。\n如今，随着百度、华为、苹果等科技互联网公司相继传出造车，并在资本市场大受追捧，小米也开始考虑进入造车领域。然而，小米也是这几家科技公司中，最晚入局的企业，并不具有先发优势。\n具有造车能力\n国内造车新势力头部企业蔚来成立于2014年底，小米到2021年才起步的话已经晚了将近7年时间，可以说已经错过了最佳的时间窗口。\n过去七年，蔚来从无到有，以用户企业为发展目标，成为首个平均售价超过40万且单月销量超过5000台的中国品牌，要知道这是以往红旗都没做到的成绩。\n理想汽车的第一款车理想ONE 上市仅一年就成了新能源SUV单一车型销量第一名，而小鹏汽车也从零做到了自动泊车、语音交互以及自动驾驶辅助方面的领先，并且在特斯拉降价的情况下销量还在稳步上升。\n从上述情况可以看出，互联网背景出身的人造车比传统汽车行业的人更加洞悉用户需求，目前已经初步取得了用户的认可。但从另一个方面也说明，第一梯队的三家公司目前已经确立，而后来加入的百度、小米以及传言中的华为，都在时间上落后不少。\n如果是做手机，一家企业在研发上落后7年几乎无法追赶上，因为很多人的换机频率通常都在一年内之内，7年时间足以使市场上的已有品牌占领用户心智，但是与手机相比，汽车迭代周期更慢，这也是小米和百度等科技企业考虑入局的原因之一。\n截至目前，百度已宣布进入造车领域，与吉利汽车合作进行造车，并且已选定该造车公司CEO人选。百度过去几年在自动驾驶领域投入大量人力物力进行研发和推广，意味着其造车显得理所应当，并非真正从零开始。\n相比起百度长期耕耘自动驾驶领域不同的是，小米在造车领域缺乏相应技术的积累，过去几年并没有在汽车自动驾驶、智能座舱等方向进行研发，看起来不具有造车的基因。但实际上，造车与造手机同为硬件领域创业，在很多大逻辑上都是相通的。过去几年，小米以及众多小米生态链企业做出的多款硬件产品都取得了成功，如今雷军想做一个更大的硬件——汽车。\n造车特别依赖一家企业的技术研发、设计、供应链、营销以及生产制造能力，而这恰恰是做了十年手机的小米很擅长的工作。不同的是，汽车的供应链管理以及生产制造都比手机要复杂很多。\n资金层面，造车需要至少上百亿的资金，目前小米现金储备数百亿元，加上公司每年都在盈利，只要一直运转正常业绩向好，足够支撑起一家汽车企业的资金需求。\n造车模式可选项\n小米一旦进入造车领域，具体模式具有多种可选项，包括从零开始自主造车、与现有车企合作或者收购一家非头部车企做大等。\n考虑到小米入局时间已经较晚，如果再拿地建厂再从零开始自主造车，至少需要三四年时间才能交付首款量产车，而这时的蔚来、小鹏等车企都已经交付五款以上的量产车，随着持续不断地升级迭代，无论在软硬件还是自动驾驶层面都更为成熟，小米将会与头部新势力存在明显差距，因此这并非上策。\n另一种可选项是参考百度与吉利汽车，以及蔚来与江淮汽车的合作，也选择与现有成熟车企进行合作，小米负责技术研发、设计、供应链、品牌、销售、服务等方面，而合作车企主要负责生产制造，这同样需要至少三年时间。如果选择与传统车企合作，小米的潜在合作对象包括比亚迪、长城、奇瑞等诸多车企；如果选择与新势力合作，小米最有可能与小鹏汽车建立这样的合作关系。\n小米造车最为讨巧的方式是，收购市场上的非一线新势力车企，然后将其改造再做大，这样做最大的好处在于节省时间，有效避免自己与特斯拉以及几家国内头部新势力的差距过大。\n考虑到头部新势力的市值已经拥有一定泡沫，目前市场上可供小米收购的新势力车企，主要是处于二三线或更落后的车企，如零跑汽车、爱驰汽车、哪吒汽车、拜腾汽车、高合汽车、游侠汽车、奇点汽车等。\n潜力与隐忧\n小米品牌目前在中国家喻户晓，小米汽车的营销与知名度将会直接受益于此，这也将帮助小米提升销量。考虑到目前小米在智能手机和智能家居领域不可或缺的地位，一旦小米汽车发布后销量可观，未来将真正实现人、车与家的完美融合。\n一旦小米做成这件事，无疑将会成为横跨手机和汽车两大行业的超级科技巨头。\n最乐观的情况下，小米有望同时成为全球排名前几的手机品牌和汽车品牌，成为同时对标苹果和特斯拉的巨型企业，其市值也远非现在可比。\n但从另一方面，小米一旦正式开始造车，就意味着整个公司将会有很大一部分人力物力财力都被分散到汽车项目上，这样将会在一定程度上影响手机业务的发展。如果小米双线作战，在面临OPPO、vivo和荣耀等品牌的竞争时就会疲于奔命，容易丢掉领先优势，如果华为再度回归，将会进一步加剧小米的竞争压力。\n与百度相比，小米造车具有其明显优势之处，但同样也存在短板。优势之处在于雷军掌舵下的小米是一家具有狼性的企业，一旦进入一个领域便会不顾一切向前冲，往往容易杀出一片天，百度就缺乏这种狼性与狠劲。而短板就在于小米过去的现金流储备没有百度充裕，同时面临双线作战的压力，一旦面临资金链危机，不排除出现一着不慎满盘皆输的局面。\n对小米而言，造车是一个拥有巨大潜力可让公司重新进入上升通道的行业，但同时也是一个充满潜在风险的决定，这也是过去两年雷军对此犹豫不决的重要原因。","news_type":1,"symbols_score_info":{"01810":0.9}},"isVote":1,"tweetType":1,"viewCount":5113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9035659763,"gmtCreate":1647590578977,"gmtModify":1676534248304,"author":{"id":"3576808490333004","authorId":"3576808490333004","name":"一茗王","avatar":"https://static.tigerbbs.com/bb488b40ca1e9b06bfd387f3acf02dcc","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576808490333004","idStr":"3576808490333004"},"themes":[],"title":"","htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035659763","repostId":"2220444917","repostType":4,"isVote":1,"tweetType":1,"viewCount":7008,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162511714,"gmtCreate":1624067758038,"gmtModify":1703828040008,"author":{"id":"3576808490333004","authorId":"3576808490333004","name":"一茗王","avatar":"https://static.tigerbbs.com/bb488b40ca1e9b06bfd387f3acf02dcc","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576808490333004","idStr":"3576808490333004"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/162511714","repostId":"2144701567","repostType":4,"isVote":1,"tweetType":1,"viewCount":7913,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360393482,"gmtCreate":1613825501846,"gmtModify":1704885373600,"author":{"id":"3576808490333004","authorId":"3576808490333004","name":"一茗王","avatar":"https://static.tigerbbs.com/bb488b40ca1e9b06bfd387f3acf02dcc","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576808490333004","idStr":"3576808490333004"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360393482","repostId":"1143057177","repostType":4,"repost":{"id":"1143057177","kind":"news","pubTimestamp":1613817857,"share":"https://ttm.financial/m/news/1143057177?lang=en_US&edition=fundamental","pubTime":"2021-02-20 18:44","market":"hk","language":"zh","title":"Beyond mobile phones, Xiaomi is also manufacturing cars, competing on two fronts to rival Apple and Tesla.","url":"https://stock-news.laohu8.com/highlight/detail?id=1143057177","media":"腾讯科技","summary":"2月19日，据晚点 LatePost报道，小米已确定造车，并视其为战略级决策，不过具体形式和路径还未确定，或许仍有变数，小米造车或将由小米集团创始人雷军亲自带队。小米造车的消息也刺激了资本市场，该消息","content":"<p>On February 19, according to LatePost, Xiaomi has decided to manufacture cars and regards it as a strategic decision. However, the specific form and path have not yet been determined, and there may still be uncertainties. Xiaomi's car manufacturing may be personally led by Lei Jun, the founder of Xiaomi Group. The news of Xiaomi manufacturing cars also stimulated the capital market, directly causing Xiaomi's stock price to rise by 10% at one point. Xiaomi officially declined to comment on this news.</p><p>A Xiaomi Group executive commented on<a href=\"https://laohu8.com/S/00700\">Tencent</a>According to the news outlet \"Deep View,\" Xiaomi has indeed discussed this matter internally, but whether it will ultimately build a car will depend on the official announcement.</p><p>Previously, Lei Jun's Shunwei Capital participated in the investment.<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars and<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>Both new car manufacturers faced a huge survival crisis in 2019 and completed their bottom out in 2020. Their current market capitalization is in the tens of billions of US dollars, with Nio once exceeding 100 billion US dollars, which is comparable to Xiaomi's market capitalization.</p><p>Lei Jun has been deeply involved in the development of both Nio and XPeng automobiles. In the early stages of Nio, he learned from Xiaomi's community operation experience. He Xiaopeng, chairman of XPeng Motors, has also discussed with Lei Jun many times the problems encountered in the process of starting a car business and how to solve them. During the most difficult period for XPeng automobiles in the second half of 2019, Xiaomi Group participated in the investment in XPeng Motors.</p><p>Nowadays, with<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Huawei<a href=\"https://laohu8.com/S/AAPL\">Apple</a>As technology and internet companies have been rumored to be manufacturing cars and gaining popularity in the capital market, Xiaomi has also begun to consider entering the car manufacturing field. However, Xiaomi was also the last of these technology companies to enter the market and does not have a first-mover advantage.</p><p><b>Has car manufacturing capabilities</b></p><p>Nio, a leading emerging electric vehicle manufacturer in China, was founded at the end of 2014. If Xiaomi only started in 2021, it would be nearly 7 years late, and it can be said that it has missed the best window of opportunity.</p><p>Over the past seven years, Nio has grown from nothing to something, with user enterprises as its development goal, becoming the first Chinese brand with an average selling price of over 400,000 yuan and monthly sales of over 5,000 units. It should be noted that this is an achievement that no Hongqi has ever achieved before.</p><p><a href=\"https://laohu8.com/S/LI\">Li Auto</a>XPeng Motors' first car, the Li Auto ONE, became the number one-selling new energy SUV model within just ONE year of its launch. XPeng Motors has also achieved leadership in automatic parking, voice interaction, and autonomous driving assistance from scratch, and...<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Despite the price reduction, sales are still steadily increasing.</p><p>As can be seen from the above, artificial intelligence vehicles with an internet background have a better understanding of user needs than those in the traditional automotive industry and have already gained initial user recognition. However, it also shows that the three companies in the first tier have already been established, while Baidu, Xiaomi, and the rumored Huawei, which joined later, are all far behind in terms of time.</p><p>In the mobile phone industry, a company that is seven years behind in R&D can hardly catch up, because many people usually replace their phones within a year. Seven years is enough for existing brands on the market to capture users' minds. However, compared with mobile phones, the iteration cycle of cars is slower, which is one of the reasons why technology companies such as Xiaomi and Baidu are considering entering the market.</p><p>To date, Baidu has announced its entry into the car manufacturing field, and...<a href=\"https://laohu8.com/S/00175\">Geely Automobile</a>They are collaborating to manufacture cars and have already selected a candidate for CEO of the car manufacturer. Baidu has invested a lot of human and material resources in the research and development and promotion of autonomous driving in the past few years, which means that its car manufacturing seems to be a matter of course, rather than truly starting from scratch.</p><p>Unlike Baidu, which has long cultivated the field of autonomous driving, Xiaomi lacks the corresponding technological accumulation in the field of car manufacturing and has not made any progress in autonomous driving in the past few years.<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Research and development in areas such as the cockpit does not seem to have the genes for car manufacturing. However, in reality, car manufacturing and mobile phone manufacturing are both entrepreneurs in the hardware field, and they share many common logics. In the past few years, Xiaomi and many other companies in the Xiaomi ecosystem have achieved success in many hardware products. Now Lei Jun wants to make an even bigger hardware product - automobiles.</p><p>Car manufacturing relies heavily on a company's technological research and development, design, supply chain, marketing, and manufacturing capabilities, which is precisely what Xiaomi, which has been making mobile phones for ten years, is very good at. The difference is that the supply chain management and manufacturing of automobiles are much more complex than those of mobile phones.</p><p>In terms of funding, car manufacturing requires at least tens of billions of yuan. Currently, Xiaomi has tens of billions of yuan in cash reserves, and with the company making a profit every year, as long as it continues to operate normally and its performance is good, it is enough to support the funding needs of an automobile company.</p><p><b>Car manufacturing mode options</b></p><p>Once Xiaomi enters the car manufacturing field, it has a variety of options, including starting from scratch to build its own cars, cooperating with existing car companies, or acquiring a non-leading car company to expand its presence.</p><p>Considering that Xiaomi entered the market relatively late, if it were to acquire land, build a factory, and start manufacturing cars independently from scratch, it would take at least three or four years to deliver its first mass-produced car. At this time, automakers such as Nio and XPeng have already delivered more than five mass-produced cars. With continuous upgrades and iterations, Xiaomi will become more mature in both software and hardware and autonomous driving. There will be a significant gap between Xiaomi and leading emerging players, so this is not the best strategy.</p><p>Another option is to refer to Baidu's relationship with Geely Automobile, and Nio' relationship with...<a href=\"https://laohu8.com/S/600418\">JAC Motors</a>The cooperation also involves partnering with existing established automakers. Xiaomi is responsible for technology research and development, design, supply chain, branding, sales, and service, while the partner automakers are mainly responsible for manufacturing, which will also take at least three years. If Xiaomi chooses to cooperate with traditional automakers, its potential partners include:<a href=\"https://laohu8.com/S/002594\">BYD</a>Many automakers, including Great Wall Motors and Chery; If Xiaomi chooses to cooperate with emerging players, it is most likely to establish such a partnership with XPeng Motor Company.</p><p>Xiaomi's most clever way to build cars is to acquire non-first-tier emerging car companies in the market, and then transform them to grow bigger. The biggest advantage of doing this is to save time and effectively avoid falling too far behind Tesla and several leading domestic emerging car companies.</p><p>Considering that the market capitalization of leading emerging electric vehicle companies has already formed a certain bubble, the emerging electric vehicle companies currently available for Xiaomi to acquire are mainly those in second- or third-tier cities or even lower-tier cities, such as Leapmotor, Aiways, Nezha Auto, Byton, HiPhi, Youxia Auto, and Singulato Auto.</p><p><b>Potential and Hidden Concerns</b></p><p>The Xiaomi brand is now a household name in China, and the marketing and brand awareness of Xiaomi cars will directly benefit from this, which will also help Xiaomi increase sales. Given Xiaomi's indispensable position in the smartphone and smart home fields, once the Xiaomi car achieves considerable sales after its release, it will truly achieve a perfect integration of people, cars, and homes in the future.</p><p>Once Xiaomi achieves this, it will undoubtedly become a super tech giant spanning both the mobile phone and automotive industries.</p><p>In the most optimistic scenario, Xiaomi is expected to simultaneously become one of the world's top mobile phone and car brands, a giant company that can compete with both Apple and Tesla, and its market capitalization is far beyond what it is now.</p><p>On the other hand, once Xiaomi officially starts manufacturing cars, it means that a large part of the company's human, material and financial resources will be diverted to the car project, which will affect the development of the mobile phone business to some extent. If Xiaomi operates on two fronts, it will be exhausted and easily lose its leading advantage when facing competition from brands such as OPPO, vivo, and Honor. If Huawei returns, it will further intensify Xiaomi's competitive pressure.</p><p>Compared to Baidu, Xiaomi has obvious advantages in car manufacturing, but it also has shortcomings. The advantage lies in the fact that Xiaomi, under Lei Jun's leadership, is a company with a wolfish spirit. Once it enters a field, it will rush forward recklessly and often easily carve out a niche for itself. Baidu lacks this wolfish spirit and ruthlessness. The weakness lies in the fact that Xiaomi's past cash flow reserves were not as abundant as Baidu's. At the same time, it faces the pressure of fighting on two fronts. If it faces a cash flow crisis, it is possible that it will lose everything one wrong move.</p><p>For Xiaomi, car manufacturing is an industry with huge potential to put the company back on an upward trajectory, but it is also a decision full of potential risks, which is an important reason why Lei Jun hesitated to do so over the past two years.</p>","source":"lsy1580517846866","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Beyond mobile phones, Xiaomi is also manufacturing cars, competing on two fronts to rival Apple and Tesla.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBeyond mobile phones, Xiaomi is also manufacturing cars, competing on two fronts to rival Apple and Tesla.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">腾讯科技</strong><span class=\"h-time small\">2021-02-20 18:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p>On February 19, according to LatePost, Xiaomi has decided to manufacture cars and regards it as a strategic decision. However, the specific form and path have not yet been determined, and there may still be uncertainties. Xiaomi's car manufacturing may be personally led by Lei Jun, the founder of Xiaomi Group. The news of Xiaomi manufacturing cars also stimulated the capital market, directly causing Xiaomi's stock price to rise by 10% at one point. Xiaomi officially declined to comment on this news.</p><p>A Xiaomi Group executive commented on<a href=\"https://laohu8.com/S/00700\">Tencent</a>According to the news outlet \"Deep View,\" Xiaomi has indeed discussed this matter internally, but whether it will ultimately build a car will depend on the official announcement.</p><p>Previously, Lei Jun's Shunwei Capital participated in the investment.<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars and<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>Both new car manufacturers faced a huge survival crisis in 2019 and completed their bottom out in 2020. Their current market capitalization is in the tens of billions of US dollars, with Nio once exceeding 100 billion US dollars, which is comparable to Xiaomi's market capitalization.</p><p>Lei Jun has been deeply involved in the development of both Nio and XPeng automobiles. In the early stages of Nio, he learned from Xiaomi's community operation experience. He Xiaopeng, chairman of XPeng Motors, has also discussed with Lei Jun many times the problems encountered in the process of starting a car business and how to solve them. During the most difficult period for XPeng automobiles in the second half of 2019, Xiaomi Group participated in the investment in XPeng Motors.</p><p>Nowadays, with<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Huawei<a href=\"https://laohu8.com/S/AAPL\">Apple</a>As technology and internet companies have been rumored to be manufacturing cars and gaining popularity in the capital market, Xiaomi has also begun to consider entering the car manufacturing field. However, Xiaomi was also the last of these technology companies to enter the market and does not have a first-mover advantage.</p><p><b>Has car manufacturing capabilities</b></p><p>Nio, a leading emerging electric vehicle manufacturer in China, was founded at the end of 2014. If Xiaomi only started in 2021, it would be nearly 7 years late, and it can be said that it has missed the best window of opportunity.</p><p>Over the past seven years, Nio has grown from nothing to something, with user enterprises as its development goal, becoming the first Chinese brand with an average selling price of over 400,000 yuan and monthly sales of over 5,000 units. It should be noted that this is an achievement that no Hongqi has ever achieved before.</p><p><a href=\"https://laohu8.com/S/LI\">Li Auto</a>XPeng Motors' first car, the Li Auto ONE, became the number one-selling new energy SUV model within just ONE year of its launch. XPeng Motors has also achieved leadership in automatic parking, voice interaction, and autonomous driving assistance from scratch, and...<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Despite the price reduction, sales are still steadily increasing.</p><p>As can be seen from the above, artificial intelligence vehicles with an internet background have a better understanding of user needs than those in the traditional automotive industry and have already gained initial user recognition. However, it also shows that the three companies in the first tier have already been established, while Baidu, Xiaomi, and the rumored Huawei, which joined later, are all far behind in terms of time.</p><p>In the mobile phone industry, a company that is seven years behind in R&D can hardly catch up, because many people usually replace their phones within a year. Seven years is enough for existing brands on the market to capture users' minds. However, compared with mobile phones, the iteration cycle of cars is slower, which is one of the reasons why technology companies such as Xiaomi and Baidu are considering entering the market.</p><p>To date, Baidu has announced its entry into the car manufacturing field, and...<a href=\"https://laohu8.com/S/00175\">Geely Automobile</a>They are collaborating to manufacture cars and have already selected a candidate for CEO of the car manufacturer. Baidu has invested a lot of human and material resources in the research and development and promotion of autonomous driving in the past few years, which means that its car manufacturing seems to be a matter of course, rather than truly starting from scratch.</p><p>Unlike Baidu, which has long cultivated the field of autonomous driving, Xiaomi lacks the corresponding technological accumulation in the field of car manufacturing and has not made any progress in autonomous driving in the past few years.<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Research and development in areas such as the cockpit does not seem to have the genes for car manufacturing. However, in reality, car manufacturing and mobile phone manufacturing are both entrepreneurs in the hardware field, and they share many common logics. In the past few years, Xiaomi and many other companies in the Xiaomi ecosystem have achieved success in many hardware products. Now Lei Jun wants to make an even bigger hardware product - automobiles.</p><p>Car manufacturing relies heavily on a company's technological research and development, design, supply chain, marketing, and manufacturing capabilities, which is precisely what Xiaomi, which has been making mobile phones for ten years, is very good at. The difference is that the supply chain management and manufacturing of automobiles are much more complex than those of mobile phones.</p><p>In terms of funding, car manufacturing requires at least tens of billions of yuan. Currently, Xiaomi has tens of billions of yuan in cash reserves, and with the company making a profit every year, as long as it continues to operate normally and its performance is good, it is enough to support the funding needs of an automobile company.</p><p><b>Car manufacturing mode options</b></p><p>Once Xiaomi enters the car manufacturing field, it has a variety of options, including starting from scratch to build its own cars, cooperating with existing car companies, or acquiring a non-leading car company to expand its presence.</p><p>Considering that Xiaomi entered the market relatively late, if it were to acquire land, build a factory, and start manufacturing cars independently from scratch, it would take at least three or four years to deliver its first mass-produced car. At this time, automakers such as Nio and XPeng have already delivered more than five mass-produced cars. With continuous upgrades and iterations, Xiaomi will become more mature in both software and hardware and autonomous driving. There will be a significant gap between Xiaomi and leading emerging players, so this is not the best strategy.</p><p>Another option is to refer to Baidu's relationship with Geely Automobile, and Nio' relationship with...<a href=\"https://laohu8.com/S/600418\">JAC Motors</a>The cooperation also involves partnering with existing established automakers. Xiaomi is responsible for technology research and development, design, supply chain, branding, sales, and service, while the partner automakers are mainly responsible for manufacturing, which will also take at least three years. If Xiaomi chooses to cooperate with traditional automakers, its potential partners include:<a href=\"https://laohu8.com/S/002594\">BYD</a>Many automakers, including Great Wall Motors and Chery; If Xiaomi chooses to cooperate with emerging players, it is most likely to establish such a partnership with XPeng Motor Company.</p><p>Xiaomi's most clever way to build cars is to acquire non-first-tier emerging car companies in the market, and then transform them to grow bigger. The biggest advantage of doing this is to save time and effectively avoid falling too far behind Tesla and several leading domestic emerging car companies.</p><p>Considering that the market capitalization of leading emerging electric vehicle companies has already formed a certain bubble, the emerging electric vehicle companies currently available for Xiaomi to acquire are mainly those in second- or third-tier cities or even lower-tier cities, such as Leapmotor, Aiways, Nezha Auto, Byton, HiPhi, Youxia Auto, and Singulato Auto.</p><p><b>Potential and Hidden Concerns</b></p><p>The Xiaomi brand is now a household name in China, and the marketing and brand awareness of Xiaomi cars will directly benefit from this, which will also help Xiaomi increase sales. Given Xiaomi's indispensable position in the smartphone and smart home fields, once the Xiaomi car achieves considerable sales after its release, it will truly achieve a perfect integration of people, cars, and homes in the future.</p><p>Once Xiaomi achieves this, it will undoubtedly become a super tech giant spanning both the mobile phone and automotive industries.</p><p>In the most optimistic scenario, Xiaomi is expected to simultaneously become one of the world's top mobile phone and car brands, a giant company that can compete with both Apple and Tesla, and its market capitalization is far beyond what it is now.</p><p>On the other hand, once Xiaomi officially starts manufacturing cars, it means that a large part of the company's human, material and financial resources will be diverted to the car project, which will affect the development of the mobile phone business to some extent. If Xiaomi operates on two fronts, it will be exhausted and easily lose its leading advantage when facing competition from brands such as OPPO, vivo, and Honor. If Huawei returns, it will further intensify Xiaomi's competitive pressure.</p><p>Compared to Baidu, Xiaomi has obvious advantages in car manufacturing, but it also has shortcomings. The advantage lies in the fact that Xiaomi, under Lei Jun's leadership, is a company with a wolfish spirit. Once it enters a field, it will rush forward recklessly and often easily carve out a niche for itself. Baidu lacks this wolfish spirit and ruthlessness. The weakness lies in the fact that Xiaomi's past cash flow reserves were not as abundant as Baidu's. At the same time, it faces the pressure of fighting on two fronts. If it faces a cash flow crisis, it is possible that it will lose everything one wrong move.</p><p>For Xiaomi, car manufacturing is an industry with huge potential to put the company back on an upward trajectory, but it is also a decision full of potential risks, which is an important reason why Lei Jun hesitated to do so over the past two years.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/-PDJRnzcCVvrKWaM8h3U6Q\">腾讯科技</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/14d6e649b06703312499e84952510944","relate_stocks":{"01810":"小米集团-W"},"source_url":"https://mp.weixin.qq.com/s/-PDJRnzcCVvrKWaM8h3U6Q","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143057177","content_text":"2月19日，据晚点 LatePost报道，小米已确定造车，并视其为战略级决策，不过具体形式和路径还未确定，或许仍有变数，小米造车或将由小米集团创始人雷军亲自带队。小米造车的消息也刺激了资本市场，该消息直接导致小米股价一度拉升10%。对于此消息，小米官方不置可否。\n一位小米集团管理层人士对腾讯新闻《潜望》表示，小米内部确实讨论过此事，但最终是否会造车以官方公告为准。\n此前，雷军旗下顺为资本参与投资了蔚来汽车和小鹏汽车两家新造车企业，两家企业都曾在2019年遭遇巨大的生存危机，并在2020年完成触底反弹，目前市值也都在数百亿美元，其中蔚来市值更是一度超越千亿美元，与小米市值相当。\n在蔚来和小鹏汽车发展过程中，雷军都曾深度参与帮忙，其中蔚来发展早期，曾借鉴了小米的社群运营经验，而小鹏汽车董事长何小鹏也多次与雷军探讨造车创业过程中遇到的问题以及如何解决，在2019年下半年小鹏汽车最艰难的时期，小米集团参与了对小鹏汽车的投资。\n如今，随着百度、华为、苹果等科技互联网公司相继传出造车，并在资本市场大受追捧，小米也开始考虑进入造车领域。然而，小米也是这几家科技公司中，最晚入局的企业，并不具有先发优势。\n具有造车能力\n国内造车新势力头部企业蔚来成立于2014年底，小米到2021年才起步的话已经晚了将近7年时间，可以说已经错过了最佳的时间窗口。\n过去七年，蔚来从无到有，以用户企业为发展目标，成为首个平均售价超过40万且单月销量超过5000台的中国品牌，要知道这是以往红旗都没做到的成绩。\n理想汽车的第一款车理想ONE 上市仅一年就成了新能源SUV单一车型销量第一名，而小鹏汽车也从零做到了自动泊车、语音交互以及自动驾驶辅助方面的领先，并且在特斯拉降价的情况下销量还在稳步上升。\n从上述情况可以看出，互联网背景出身的人造车比传统汽车行业的人更加洞悉用户需求，目前已经初步取得了用户的认可。但从另一个方面也说明，第一梯队的三家公司目前已经确立，而后来加入的百度、小米以及传言中的华为，都在时间上落后不少。\n如果是做手机，一家企业在研发上落后7年几乎无法追赶上，因为很多人的换机频率通常都在一年内之内，7年时间足以使市场上的已有品牌占领用户心智，但是与手机相比，汽车迭代周期更慢，这也是小米和百度等科技企业考虑入局的原因之一。\n截至目前，百度已宣布进入造车领域，与吉利汽车合作进行造车，并且已选定该造车公司CEO人选。百度过去几年在自动驾驶领域投入大量人力物力进行研发和推广，意味着其造车显得理所应当，并非真正从零开始。\n相比起百度长期耕耘自动驾驶领域不同的是，小米在造车领域缺乏相应技术的积累，过去几年并没有在汽车自动驾驶、智能座舱等方向进行研发，看起来不具有造车的基因。但实际上，造车与造手机同为硬件领域创业，在很多大逻辑上都是相通的。过去几年，小米以及众多小米生态链企业做出的多款硬件产品都取得了成功，如今雷军想做一个更大的硬件——汽车。\n造车特别依赖一家企业的技术研发、设计、供应链、营销以及生产制造能力，而这恰恰是做了十年手机的小米很擅长的工作。不同的是，汽车的供应链管理以及生产制造都比手机要复杂很多。\n资金层面，造车需要至少上百亿的资金，目前小米现金储备数百亿元，加上公司每年都在盈利，只要一直运转正常业绩向好，足够支撑起一家汽车企业的资金需求。\n造车模式可选项\n小米一旦进入造车领域，具体模式具有多种可选项，包括从零开始自主造车、与现有车企合作或者收购一家非头部车企做大等。\n考虑到小米入局时间已经较晚，如果再拿地建厂再从零开始自主造车，至少需要三四年时间才能交付首款量产车，而这时的蔚来、小鹏等车企都已经交付五款以上的量产车，随着持续不断地升级迭代，无论在软硬件还是自动驾驶层面都更为成熟，小米将会与头部新势力存在明显差距，因此这并非上策。\n另一种可选项是参考百度与吉利汽车，以及蔚来与江淮汽车的合作，也选择与现有成熟车企进行合作，小米负责技术研发、设计、供应链、品牌、销售、服务等方面，而合作车企主要负责生产制造，这同样需要至少三年时间。如果选择与传统车企合作，小米的潜在合作对象包括比亚迪、长城、奇瑞等诸多车企；如果选择与新势力合作，小米最有可能与小鹏汽车建立这样的合作关系。\n小米造车最为讨巧的方式是，收购市场上的非一线新势力车企，然后将其改造再做大，这样做最大的好处在于节省时间，有效避免自己与特斯拉以及几家国内头部新势力的差距过大。\n考虑到头部新势力的市值已经拥有一定泡沫，目前市场上可供小米收购的新势力车企，主要是处于二三线或更落后的车企，如零跑汽车、爱驰汽车、哪吒汽车、拜腾汽车、高合汽车、游侠汽车、奇点汽车等。\n潜力与隐忧\n小米品牌目前在中国家喻户晓，小米汽车的营销与知名度将会直接受益于此，这也将帮助小米提升销量。考虑到目前小米在智能手机和智能家居领域不可或缺的地位，一旦小米汽车发布后销量可观，未来将真正实现人、车与家的完美融合。\n一旦小米做成这件事，无疑将会成为横跨手机和汽车两大行业的超级科技巨头。\n最乐观的情况下，小米有望同时成为全球排名前几的手机品牌和汽车品牌，成为同时对标苹果和特斯拉的巨型企业，其市值也远非现在可比。\n但从另一方面，小米一旦正式开始造车，就意味着整个公司将会有很大一部分人力物力财力都被分散到汽车项目上，这样将会在一定程度上影响手机业务的发展。如果小米双线作战，在面临OPPO、vivo和荣耀等品牌的竞争时就会疲于奔命，容易丢掉领先优势，如果华为再度回归，将会进一步加剧小米的竞争压力。\n与百度相比，小米造车具有其明显优势之处，但同样也存在短板。优势之处在于雷军掌舵下的小米是一家具有狼性的企业，一旦进入一个领域便会不顾一切向前冲，往往容易杀出一片天，百度就缺乏这种狼性与狠劲。而短板就在于小米过去的现金流储备没有百度充裕，同时面临双线作战的压力，一旦面临资金链危机，不排除出现一着不慎满盘皆输的局面。\n对小米而言，造车是一个拥有巨大潜力可让公司重新进入上升通道的行业，但同时也是一个充满潜在风险的决定，这也是过去两年雷军对此犹豫不决的重要原因。","news_type":1,"symbols_score_info":{"01810":0.9}},"isVote":1,"tweetType":1,"viewCount":5508,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360393606,"gmtCreate":1613825458605,"gmtModify":1704885373438,"author":{"id":"3576808490333004","authorId":"3576808490333004","name":"一茗王","avatar":"https://static.tigerbbs.com/bb488b40ca1e9b06bfd387f3acf02dcc","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576808490333004","idStr":"3576808490333004"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360393606","repostId":"1143057177","repostType":4,"repost":{"id":"1143057177","kind":"news","pubTimestamp":1613817857,"share":"https://ttm.financial/m/news/1143057177?lang=en_US&edition=fundamental","pubTime":"2021-02-20 18:44","market":"hk","language":"zh","title":"Beyond mobile phones, Xiaomi is also manufacturing cars, competing on two fronts to rival Apple and Tesla.","url":"https://stock-news.laohu8.com/highlight/detail?id=1143057177","media":"腾讯科技","summary":"2月19日，据晚点 LatePost报道，小米已确定造车，并视其为战略级决策，不过具体形式和路径还未确定，或许仍有变数，小米造车或将由小米集团创始人雷军亲自带队。小米造车的消息也刺激了资本市场，该消息","content":"<p>On February 19, according to LatePost, Xiaomi has decided to manufacture cars and regards it as a strategic decision. However, the specific form and path have not yet been determined, and there may still be uncertainties. Xiaomi's car manufacturing may be personally led by Lei Jun, the founder of Xiaomi Group. The news of Xiaomi manufacturing cars also stimulated the capital market, directly causing Xiaomi's stock price to rise by 10% at one point. Xiaomi officially declined to comment on this news.</p><p>A Xiaomi Group executive commented on<a href=\"https://laohu8.com/S/00700\">Tencent</a>According to the news outlet \"Deep View,\" Xiaomi has indeed discussed this matter internally, but whether it will ultimately build a car will depend on the official announcement.</p><p>Previously, Lei Jun's Shunwei Capital participated in the investment.<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars and<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>Both new car manufacturers faced a huge survival crisis in 2019 and completed their bottom out in 2020. Their current market capitalization is in the tens of billions of US dollars, with Nio once exceeding 100 billion US dollars, which is comparable to Xiaomi's market capitalization.</p><p>Lei Jun has been deeply involved in the development of both Nio and XPeng automobiles. In the early stages of Nio, he learned from Xiaomi's community operation experience. He Xiaopeng, chairman of XPeng Motors, has also discussed with Lei Jun many times the problems encountered in the process of starting a car business and how to solve them. During the most difficult period for XPeng automobiles in the second half of 2019, Xiaomi Group participated in the investment in XPeng Motors.</p><p>Nowadays, with<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Huawei<a href=\"https://laohu8.com/S/AAPL\">Apple</a>As technology and internet companies have been rumored to be manufacturing cars and gaining popularity in the capital market, Xiaomi has also begun to consider entering the car manufacturing field. However, Xiaomi was also the last of these technology companies to enter the market and does not have a first-mover advantage.</p><p><b>Has car manufacturing capabilities</b></p><p>Nio, a leading emerging electric vehicle manufacturer in China, was founded at the end of 2014. If Xiaomi only started in 2021, it would be nearly 7 years late, and it can be said that it has missed the best window of opportunity.</p><p>Over the past seven years, Nio has grown from nothing to something, with user enterprises as its development goal, becoming the first Chinese brand with an average selling price of over 400,000 yuan and monthly sales of over 5,000 units. It should be noted that this is an achievement that no Hongqi has ever achieved before.</p><p><a href=\"https://laohu8.com/S/LI\">Li Auto</a>XPeng Motors' first car, the Li Auto ONE, became the number one-selling new energy SUV model within just ONE year of its launch. XPeng Motors has also achieved leadership in automatic parking, voice interaction, and autonomous driving assistance from scratch, and...<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Despite the price reduction, sales are still steadily increasing.</p><p>As can be seen from the above, artificial intelligence vehicles with an internet background have a better understanding of user needs than those in the traditional automotive industry and have already gained initial user recognition. However, it also shows that the three companies in the first tier have already been established, while Baidu, Xiaomi, and the rumored Huawei, which joined later, are all far behind in terms of time.</p><p>In the mobile phone industry, a company that is seven years behind in R&D can hardly catch up, because many people usually replace their phones within a year. Seven years is enough for existing brands on the market to capture users' minds. However, compared with mobile phones, the iteration cycle of cars is slower, which is one of the reasons why technology companies such as Xiaomi and Baidu are considering entering the market.</p><p>To date, Baidu has announced its entry into the car manufacturing field, and...<a href=\"https://laohu8.com/S/00175\">Geely Automobile</a>They are collaborating to manufacture cars and have already selected a candidate for CEO of the car manufacturer. Baidu has invested a lot of human and material resources in the research and development and promotion of autonomous driving in the past few years, which means that its car manufacturing seems to be a matter of course, rather than truly starting from scratch.</p><p>Unlike Baidu, which has long cultivated the field of autonomous driving, Xiaomi lacks the corresponding technological accumulation in the field of car manufacturing and has not made any progress in autonomous driving in the past few years.<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Research and development in areas such as the cockpit does not seem to have the genes for car manufacturing. However, in reality, car manufacturing and mobile phone manufacturing are both entrepreneurs in the hardware field, and they share many common logics. In the past few years, Xiaomi and many other companies in the Xiaomi ecosystem have achieved success in many hardware products. Now Lei Jun wants to make an even bigger hardware product - automobiles.</p><p>Car manufacturing relies heavily on a company's technological research and development, design, supply chain, marketing, and manufacturing capabilities, which is precisely what Xiaomi, which has been making mobile phones for ten years, is very good at. The difference is that the supply chain management and manufacturing of automobiles are much more complex than those of mobile phones.</p><p>In terms of funding, car manufacturing requires at least tens of billions of yuan. Currently, Xiaomi has tens of billions of yuan in cash reserves, and with the company making a profit every year, as long as it continues to operate normally and its performance is good, it is enough to support the funding needs of an automobile company.</p><p><b>Car manufacturing mode options</b></p><p>Once Xiaomi enters the car manufacturing field, it has a variety of options, including starting from scratch to build its own cars, cooperating with existing car companies, or acquiring a non-leading car company to expand its presence.</p><p>Considering that Xiaomi entered the market relatively late, if it were to acquire land, build a factory, and start manufacturing cars independently from scratch, it would take at least three or four years to deliver its first mass-produced car. At this time, automakers such as Nio and XPeng have already delivered more than five mass-produced cars. With continuous upgrades and iterations, Xiaomi will become more mature in both software and hardware and autonomous driving. There will be a significant gap between Xiaomi and leading emerging players, so this is not the best strategy.</p><p>Another option is to refer to Baidu's relationship with Geely Automobile, and Nio' relationship with...<a href=\"https://laohu8.com/S/600418\">JAC Motors</a>The cooperation also involves partnering with existing established automakers. Xiaomi is responsible for technology research and development, design, supply chain, branding, sales, and service, while the partner automakers are mainly responsible for manufacturing, which will also take at least three years. If Xiaomi chooses to cooperate with traditional automakers, its potential partners include:<a href=\"https://laohu8.com/S/002594\">BYD</a>Many automakers, including Great Wall Motors and Chery; If Xiaomi chooses to cooperate with emerging players, it is most likely to establish such a partnership with XPeng Motor Company.</p><p>Xiaomi's most clever way to build cars is to acquire non-first-tier emerging car companies in the market, and then transform them to grow bigger. The biggest advantage of doing this is to save time and effectively avoid falling too far behind Tesla and several leading domestic emerging car companies.</p><p>Considering that the market capitalization of leading emerging electric vehicle companies has already formed a certain bubble, the emerging electric vehicle companies currently available for Xiaomi to acquire are mainly those in second- or third-tier cities or even lower-tier cities, such as Leapmotor, Aiways, Nezha Auto, Byton, HiPhi, Youxia Auto, and Singulato Auto.</p><p><b>Potential and Hidden Concerns</b></p><p>The Xiaomi brand is now a household name in China, and the marketing and brand awareness of Xiaomi cars will directly benefit from this, which will also help Xiaomi increase sales. Given Xiaomi's indispensable position in the smartphone and smart home fields, once the Xiaomi car achieves considerable sales after its release, it will truly achieve a perfect integration of people, cars, and homes in the future.</p><p>Once Xiaomi achieves this, it will undoubtedly become a super tech giant spanning both the mobile phone and automotive industries.</p><p>In the most optimistic scenario, Xiaomi is expected to simultaneously become one of the world's top mobile phone and car brands, a giant company that can compete with both Apple and Tesla, and its market capitalization is far beyond what it is now.</p><p>On the other hand, once Xiaomi officially starts manufacturing cars, it means that a large part of the company's human, material and financial resources will be diverted to the car project, which will affect the development of the mobile phone business to some extent. If Xiaomi operates on two fronts, it will be exhausted and easily lose its leading advantage when facing competition from brands such as OPPO, vivo, and Honor. If Huawei returns, it will further intensify Xiaomi's competitive pressure.</p><p>Compared to Baidu, Xiaomi has obvious advantages in car manufacturing, but it also has shortcomings. The advantage lies in the fact that Xiaomi, under Lei Jun's leadership, is a company with a wolfish spirit. Once it enters a field, it will rush forward recklessly and often easily carve out a niche for itself. Baidu lacks this wolfish spirit and ruthlessness. The weakness lies in the fact that Xiaomi's past cash flow reserves were not as abundant as Baidu's. At the same time, it faces the pressure of fighting on two fronts. If it faces a cash flow crisis, it is possible that it will lose everything one wrong move.</p><p>For Xiaomi, car manufacturing is an industry with huge potential to put the company back on an upward trajectory, but it is also a decision full of potential risks, which is an important reason why Lei Jun hesitated to do so over the past two years.</p>","source":"lsy1580517846866","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Beyond mobile phones, Xiaomi is also manufacturing cars, competing on two fronts to rival Apple and Tesla.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBeyond mobile phones, Xiaomi is also manufacturing cars, competing on two fronts to rival Apple and Tesla.\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">腾讯科技</strong><span class=\"h-time small\">2021-02-20 18:44</span>\n</p>\n</h4>\n</header>\n<article>\n<p>On February 19, according to LatePost, Xiaomi has decided to manufacture cars and regards it as a strategic decision. However, the specific form and path have not yet been determined, and there may still be uncertainties. Xiaomi's car manufacturing may be personally led by Lei Jun, the founder of Xiaomi Group. The news of Xiaomi manufacturing cars also stimulated the capital market, directly causing Xiaomi's stock price to rise by 10% at one point. Xiaomi officially declined to comment on this news.</p><p>A Xiaomi Group executive commented on<a href=\"https://laohu8.com/S/00700\">Tencent</a>According to the news outlet \"Deep View,\" Xiaomi has indeed discussed this matter internally, but whether it will ultimately build a car will depend on the official announcement.</p><p>Previously, Lei Jun's Shunwei Capital participated in the investment.<a href=\"https://laohu8.com/S/NIO\">Nio</a>Cars and<a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>Both new car manufacturers faced a huge survival crisis in 2019 and completed their bottom out in 2020. Their current market capitalization is in the tens of billions of US dollars, with Nio once exceeding 100 billion US dollars, which is comparable to Xiaomi's market capitalization.</p><p>Lei Jun has been deeply involved in the development of both Nio and XPeng automobiles. In the early stages of Nio, he learned from Xiaomi's community operation experience. He Xiaopeng, chairman of XPeng Motors, has also discussed with Lei Jun many times the problems encountered in the process of starting a car business and how to solve them. During the most difficult period for XPeng automobiles in the second half of 2019, Xiaomi Group participated in the investment in XPeng Motors.</p><p>Nowadays, with<a href=\"https://laohu8.com/S/BIDU\">Baidu</a>Huawei<a href=\"https://laohu8.com/S/AAPL\">Apple</a>As technology and internet companies have been rumored to be manufacturing cars and gaining popularity in the capital market, Xiaomi has also begun to consider entering the car manufacturing field. However, Xiaomi was also the last of these technology companies to enter the market and does not have a first-mover advantage.</p><p><b>Has car manufacturing capabilities</b></p><p>Nio, a leading emerging electric vehicle manufacturer in China, was founded at the end of 2014. If Xiaomi only started in 2021, it would be nearly 7 years late, and it can be said that it has missed the best window of opportunity.</p><p>Over the past seven years, Nio has grown from nothing to something, with user enterprises as its development goal, becoming the first Chinese brand with an average selling price of over 400,000 yuan and monthly sales of over 5,000 units. It should be noted that this is an achievement that no Hongqi has ever achieved before.</p><p><a href=\"https://laohu8.com/S/LI\">Li Auto</a>XPeng Motors' first car, the Li Auto ONE, became the number one-selling new energy SUV model within just ONE year of its launch. XPeng Motors has also achieved leadership in automatic parking, voice interaction, and autonomous driving assistance from scratch, and...<a href=\"https://laohu8.com/S/TSLA\">Tesla</a>Despite the price reduction, sales are still steadily increasing.</p><p>As can be seen from the above, artificial intelligence vehicles with an internet background have a better understanding of user needs than those in the traditional automotive industry and have already gained initial user recognition. However, it also shows that the three companies in the first tier have already been established, while Baidu, Xiaomi, and the rumored Huawei, which joined later, are all far behind in terms of time.</p><p>In the mobile phone industry, a company that is seven years behind in R&D can hardly catch up, because many people usually replace their phones within a year. Seven years is enough for existing brands on the market to capture users' minds. However, compared with mobile phones, the iteration cycle of cars is slower, which is one of the reasons why technology companies such as Xiaomi and Baidu are considering entering the market.</p><p>To date, Baidu has announced its entry into the car manufacturing field, and...<a href=\"https://laohu8.com/S/00175\">Geely Automobile</a>They are collaborating to manufacture cars and have already selected a candidate for CEO of the car manufacturer. Baidu has invested a lot of human and material resources in the research and development and promotion of autonomous driving in the past few years, which means that its car manufacturing seems to be a matter of course, rather than truly starting from scratch.</p><p>Unlike Baidu, which has long cultivated the field of autonomous driving, Xiaomi lacks the corresponding technological accumulation in the field of car manufacturing and has not made any progress in autonomous driving in the past few years.<a href=\"https://laohu8.com/S/5RE.SI\">smart</a>Research and development in areas such as the cockpit does not seem to have the genes for car manufacturing. However, in reality, car manufacturing and mobile phone manufacturing are both entrepreneurs in the hardware field, and they share many common logics. In the past few years, Xiaomi and many other companies in the Xiaomi ecosystem have achieved success in many hardware products. Now Lei Jun wants to make an even bigger hardware product - automobiles.</p><p>Car manufacturing relies heavily on a company's technological research and development, design, supply chain, marketing, and manufacturing capabilities, which is precisely what Xiaomi, which has been making mobile phones for ten years, is very good at. The difference is that the supply chain management and manufacturing of automobiles are much more complex than those of mobile phones.</p><p>In terms of funding, car manufacturing requires at least tens of billions of yuan. Currently, Xiaomi has tens of billions of yuan in cash reserves, and with the company making a profit every year, as long as it continues to operate normally and its performance is good, it is enough to support the funding needs of an automobile company.</p><p><b>Car manufacturing mode options</b></p><p>Once Xiaomi enters the car manufacturing field, it has a variety of options, including starting from scratch to build its own cars, cooperating with existing car companies, or acquiring a non-leading car company to expand its presence.</p><p>Considering that Xiaomi entered the market relatively late, if it were to acquire land, build a factory, and start manufacturing cars independently from scratch, it would take at least three or four years to deliver its first mass-produced car. At this time, automakers such as Nio and XPeng have already delivered more than five mass-produced cars. With continuous upgrades and iterations, Xiaomi will become more mature in both software and hardware and autonomous driving. There will be a significant gap between Xiaomi and leading emerging players, so this is not the best strategy.</p><p>Another option is to refer to Baidu's relationship with Geely Automobile, and Nio' relationship with...<a href=\"https://laohu8.com/S/600418\">JAC Motors</a>The cooperation also involves partnering with existing established automakers. Xiaomi is responsible for technology research and development, design, supply chain, branding, sales, and service, while the partner automakers are mainly responsible for manufacturing, which will also take at least three years. If Xiaomi chooses to cooperate with traditional automakers, its potential partners include:<a href=\"https://laohu8.com/S/002594\">BYD</a>Many automakers, including Great Wall Motors and Chery; If Xiaomi chooses to cooperate with emerging players, it is most likely to establish such a partnership with XPeng Motor Company.</p><p>Xiaomi's most clever way to build cars is to acquire non-first-tier emerging car companies in the market, and then transform them to grow bigger. The biggest advantage of doing this is to save time and effectively avoid falling too far behind Tesla and several leading domestic emerging car companies.</p><p>Considering that the market capitalization of leading emerging electric vehicle companies has already formed a certain bubble, the emerging electric vehicle companies currently available for Xiaomi to acquire are mainly those in second- or third-tier cities or even lower-tier cities, such as Leapmotor, Aiways, Nezha Auto, Byton, HiPhi, Youxia Auto, and Singulato Auto.</p><p><b>Potential and Hidden Concerns</b></p><p>The Xiaomi brand is now a household name in China, and the marketing and brand awareness of Xiaomi cars will directly benefit from this, which will also help Xiaomi increase sales. Given Xiaomi's indispensable position in the smartphone and smart home fields, once the Xiaomi car achieves considerable sales after its release, it will truly achieve a perfect integration of people, cars, and homes in the future.</p><p>Once Xiaomi achieves this, it will undoubtedly become a super tech giant spanning both the mobile phone and automotive industries.</p><p>In the most optimistic scenario, Xiaomi is expected to simultaneously become one of the world's top mobile phone and car brands, a giant company that can compete with both Apple and Tesla, and its market capitalization is far beyond what it is now.</p><p>On the other hand, once Xiaomi officially starts manufacturing cars, it means that a large part of the company's human, material and financial resources will be diverted to the car project, which will affect the development of the mobile phone business to some extent. If Xiaomi operates on two fronts, it will be exhausted and easily lose its leading advantage when facing competition from brands such as OPPO, vivo, and Honor. If Huawei returns, it will further intensify Xiaomi's competitive pressure.</p><p>Compared to Baidu, Xiaomi has obvious advantages in car manufacturing, but it also has shortcomings. The advantage lies in the fact that Xiaomi, under Lei Jun's leadership, is a company with a wolfish spirit. Once it enters a field, it will rush forward recklessly and often easily carve out a niche for itself. Baidu lacks this wolfish spirit and ruthlessness. The weakness lies in the fact that Xiaomi's past cash flow reserves were not as abundant as Baidu's. At the same time, it faces the pressure of fighting on two fronts. If it faces a cash flow crisis, it is possible that it will lose everything one wrong move.</p><p>For Xiaomi, car manufacturing is an industry with huge potential to put the company back on an upward trajectory, but it is also a decision full of potential risks, which is an important reason why Lei Jun hesitated to do so over the past two years.</p>\n<div class=\"bt-text\">\n\n\n<p> source：<a href=\"https://mp.weixin.qq.com/s/-PDJRnzcCVvrKWaM8h3U6Q\">腾讯科技</a></p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/14d6e649b06703312499e84952510944","relate_stocks":{"01810":"小米集团-W"},"source_url":"https://mp.weixin.qq.com/s/-PDJRnzcCVvrKWaM8h3U6Q","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143057177","content_text":"2月19日，据晚点 LatePost报道，小米已确定造车，并视其为战略级决策，不过具体形式和路径还未确定，或许仍有变数，小米造车或将由小米集团创始人雷军亲自带队。小米造车的消息也刺激了资本市场，该消息直接导致小米股价一度拉升10%。对于此消息，小米官方不置可否。\n一位小米集团管理层人士对腾讯新闻《潜望》表示，小米内部确实讨论过此事，但最终是否会造车以官方公告为准。\n此前，雷军旗下顺为资本参与投资了蔚来汽车和小鹏汽车两家新造车企业，两家企业都曾在2019年遭遇巨大的生存危机，并在2020年完成触底反弹，目前市值也都在数百亿美元，其中蔚来市值更是一度超越千亿美元，与小米市值相当。\n在蔚来和小鹏汽车发展过程中，雷军都曾深度参与帮忙，其中蔚来发展早期，曾借鉴了小米的社群运营经验，而小鹏汽车董事长何小鹏也多次与雷军探讨造车创业过程中遇到的问题以及如何解决，在2019年下半年小鹏汽车最艰难的时期，小米集团参与了对小鹏汽车的投资。\n如今，随着百度、华为、苹果等科技互联网公司相继传出造车，并在资本市场大受追捧，小米也开始考虑进入造车领域。然而，小米也是这几家科技公司中，最晚入局的企业，并不具有先发优势。\n具有造车能力\n国内造车新势力头部企业蔚来成立于2014年底，小米到2021年才起步的话已经晚了将近7年时间，可以说已经错过了最佳的时间窗口。\n过去七年，蔚来从无到有，以用户企业为发展目标，成为首个平均售价超过40万且单月销量超过5000台的中国品牌，要知道这是以往红旗都没做到的成绩。\n理想汽车的第一款车理想ONE 上市仅一年就成了新能源SUV单一车型销量第一名，而小鹏汽车也从零做到了自动泊车、语音交互以及自动驾驶辅助方面的领先，并且在特斯拉降价的情况下销量还在稳步上升。\n从上述情况可以看出，互联网背景出身的人造车比传统汽车行业的人更加洞悉用户需求，目前已经初步取得了用户的认可。但从另一个方面也说明，第一梯队的三家公司目前已经确立，而后来加入的百度、小米以及传言中的华为，都在时间上落后不少。\n如果是做手机，一家企业在研发上落后7年几乎无法追赶上，因为很多人的换机频率通常都在一年内之内，7年时间足以使市场上的已有品牌占领用户心智，但是与手机相比，汽车迭代周期更慢，这也是小米和百度等科技企业考虑入局的原因之一。\n截至目前，百度已宣布进入造车领域，与吉利汽车合作进行造车，并且已选定该造车公司CEO人选。百度过去几年在自动驾驶领域投入大量人力物力进行研发和推广，意味着其造车显得理所应当，并非真正从零开始。\n相比起百度长期耕耘自动驾驶领域不同的是，小米在造车领域缺乏相应技术的积累，过去几年并没有在汽车自动驾驶、智能座舱等方向进行研发，看起来不具有造车的基因。但实际上，造车与造手机同为硬件领域创业，在很多大逻辑上都是相通的。过去几年，小米以及众多小米生态链企业做出的多款硬件产品都取得了成功，如今雷军想做一个更大的硬件——汽车。\n造车特别依赖一家企业的技术研发、设计、供应链、营销以及生产制造能力，而这恰恰是做了十年手机的小米很擅长的工作。不同的是，汽车的供应链管理以及生产制造都比手机要复杂很多。\n资金层面，造车需要至少上百亿的资金，目前小米现金储备数百亿元，加上公司每年都在盈利，只要一直运转正常业绩向好，足够支撑起一家汽车企业的资金需求。\n造车模式可选项\n小米一旦进入造车领域，具体模式具有多种可选项，包括从零开始自主造车、与现有车企合作或者收购一家非头部车企做大等。\n考虑到小米入局时间已经较晚，如果再拿地建厂再从零开始自主造车，至少需要三四年时间才能交付首款量产车，而这时的蔚来、小鹏等车企都已经交付五款以上的量产车，随着持续不断地升级迭代，无论在软硬件还是自动驾驶层面都更为成熟，小米将会与头部新势力存在明显差距，因此这并非上策。\n另一种可选项是参考百度与吉利汽车，以及蔚来与江淮汽车的合作，也选择与现有成熟车企进行合作，小米负责技术研发、设计、供应链、品牌、销售、服务等方面，而合作车企主要负责生产制造，这同样需要至少三年时间。如果选择与传统车企合作，小米的潜在合作对象包括比亚迪、长城、奇瑞等诸多车企；如果选择与新势力合作，小米最有可能与小鹏汽车建立这样的合作关系。\n小米造车最为讨巧的方式是，收购市场上的非一线新势力车企，然后将其改造再做大，这样做最大的好处在于节省时间，有效避免自己与特斯拉以及几家国内头部新势力的差距过大。\n考虑到头部新势力的市值已经拥有一定泡沫，目前市场上可供小米收购的新势力车企，主要是处于二三线或更落后的车企，如零跑汽车、爱驰汽车、哪吒汽车、拜腾汽车、高合汽车、游侠汽车、奇点汽车等。\n潜力与隐忧\n小米品牌目前在中国家喻户晓，小米汽车的营销与知名度将会直接受益于此，这也将帮助小米提升销量。考虑到目前小米在智能手机和智能家居领域不可或缺的地位，一旦小米汽车发布后销量可观，未来将真正实现人、车与家的完美融合。\n一旦小米做成这件事，无疑将会成为横跨手机和汽车两大行业的超级科技巨头。\n最乐观的情况下，小米有望同时成为全球排名前几的手机品牌和汽车品牌，成为同时对标苹果和特斯拉的巨型企业，其市值也远非现在可比。\n但从另一方面，小米一旦正式开始造车，就意味着整个公司将会有很大一部分人力物力财力都被分散到汽车项目上，这样将会在一定程度上影响手机业务的发展。如果小米双线作战，在面临OPPO、vivo和荣耀等品牌的竞争时就会疲于奔命，容易丢掉领先优势，如果华为再度回归，将会进一步加剧小米的竞争压力。\n与百度相比，小米造车具有其明显优势之处，但同样也存在短板。优势之处在于雷军掌舵下的小米是一家具有狼性的企业，一旦进入一个领域便会不顾一切向前冲，往往容易杀出一片天，百度就缺乏这种狼性与狠劲。而短板就在于小米过去的现金流储备没有百度充裕，同时面临双线作战的压力，一旦面临资金链危机，不排除出现一着不慎满盘皆输的局面。\n对小米而言，造车是一个拥有巨大潜力可让公司重新进入上升通道的行业，但同时也是一个充满潜在风险的决定，这也是过去两年雷军对此犹豫不决的重要原因。","news_type":1,"symbols_score_info":{"01810":0.9}},"isVote":1,"tweetType":1,"viewCount":5113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364312987,"gmtCreate":1614815237949,"gmtModify":1704775517906,"author":{"id":"3576808490333004","authorId":"3576808490333004","name":"一茗王","avatar":"https://static.tigerbbs.com/bb488b40ca1e9b06bfd387f3acf02dcc","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576808490333004","idStr":"3576808490333004"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/364312987","repostId":"1106033054","repostType":4,"repost":{"id":"1106033054","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614782340,"share":"https://ttm.financial/m/news/1106033054?lang=en_US&edition=fundamental","pubTime":"2021-03-03 22:39","market":"us","language":"zh","title":"Opening: US stocks open low, XPeng leads rebound in emerging car manufacturers","url":"https://stock-news.laohu8.com/highlight/detail?id=1106033054","media":"老虎资讯综合","summary":"美债收益率扩大涨幅，10年和30年期债券收益率创本周新高。","content":"<p>On Wednesday, March 3, the three major U.S. stock indices all declined in open low. The U.S. ADP employment figure for February was 117,000, lower than the expected 177,000. In addition,<b>U.S. Treasury yields extended their gains, with 10-year and 30-year bond yields hitting new highs this week.</b></p><p>The Dow Jones Industrial Average opened down 38.56 points, or 0.12%, at 31,352.96. The S&P 500 opened down 7.93 points, or 0.20%, at 3862.36. The Nasdaq Composite Index opened down 20.39 points, or 0.15%, at 13,358.79.</p><p><img src=\"https://static.tigerbbs.com/3b5042fd3c9327cdc2b399d077aa1b86\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>Pinduoduo rose more than 3%, surpassing Taobao in DAU during the Spring Festival, ranking first in the industry.</p><p><a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>XPeng Motor Company shares rose more than 3% today after launching two lithium iron phosphate models.<a href=\"https://laohu8.com/S/LI\">Li Auto</a>、<a href=\"https://laohu8.com/S/NIO\">Nio</a>、<a href=\"https://laohu8.com/S/NIU\">Niu Electric</a>It rose by more than 2%.</p><p><a href=\"https://laohu8.com/S/BILI\">Bilibili</a>It rose more than 5% intraday.</p><p>Chinese concept stocks<a href=\"https://laohu8.com/S/TAOP\">Screen scanning</a>The stock rose over 11% after announcing the appointment of Wang Dongfeng as Chief Strategy Officer.</p><p><a href=\"https://laohu8.com/S/GSX\">Who to learn from</a>It fell in early trading and is now down more than 5%. Genshuixue retaliated against the short-selling report yesterday, stating that an internal investigation revealed no financial problems.</p><p>A new leader in the retail investor concept<a href=\"https://laohu8.com/S/RKT\">Rocket Companies</a>It fell more than 9% before closing up more than 70% on Tuesday. Recently, Rocket Companies has seen a significant increase in discussion in the WSB sector.</p><p><img src=\"https://static.tigerbbs.com/27f3c0438b34c5121bbe913672c66e8b\" tg-width=\"840\" tg-height=\"470\"></p><p>Bitcoin prices rebounded sharply, and the US blockchain sector surged.<a href=\"https://laohu8.com/S/NCTY\">Ninth City</a>、<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>Up more than 16%,<a href=\"https://laohu8.com/S/SOS\">SOS Ltd.</a>It rose more than 8%.<a href=\"https://laohu8.com/S/RIOT\">Riot Blockchain</a>It rose more than 9%.</p><p><a href=\"https://laohu8.com/S/KMPH\">KemPharm</a>The stock rose more than 80% after the company announced that the U.S. Food and Drug Administration had approved the ADHD treatment drug Azstarys.</p><p><a href=\"https://laohu8.com/S/ZM\">Zoom</a>The stock rose nearly 2% after its flagship Ark Innovation ETF (AARK) bought 255,621 shares of Zoom stock, worth more than $95 million, during the sharp drop.</p><p><a href=\"https://laohu8.com/S/MU\">Micron Technology</a>The company rose 0.32% after expecting second-quarter revenue of $6.2 billion to $6.25 billion, compared to a previous forecast of $5.6 billion to $6 billion.</p><p><a href=\"https://laohu8.com/S/LYFT\">Lyft</a>Shares rose more than 5%, with Lyft expecting its average daily carpooling volume in Q1 2021 to exceed that in Q4 2020, achieving three consecutive months of growth.</p><p><a href=\"https://laohu8.com/S/OCGN\">Ocugen</a>It rose more than 23%, and the medium-term effectiveness of the novel coronavirus vaccine jointly developed with Indian biotechnology company Bharat Biotech was 81%.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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The U.S. ADP employment figure for February was 117,000, lower than the expected 177,000. In addition,<b>U.S. Treasury yields extended their gains, with 10-year and 30-year bond yields hitting new highs this week.</b></p><p>The Dow Jones Industrial Average opened down 38.56 points, or 0.12%, at 31,352.96. The S&P 500 opened down 7.93 points, or 0.20%, at 3862.36. The Nasdaq Composite Index opened down 20.39 points, or 0.15%, at 13,358.79.</p><p><img src=\"https://static.tigerbbs.com/3b5042fd3c9327cdc2b399d077aa1b86\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><a href=\"https://laohu8.com/S/PDD\">Pinduoduo</a>Pinduoduo rose more than 3%, surpassing Taobao in DAU during the Spring Festival, ranking first in the industry.</p><p><a href=\"https://laohu8.com/S/XPEV\">XPeng Automotive</a>XPeng Motor Company shares rose more than 3% today after launching two lithium iron phosphate models.<a href=\"https://laohu8.com/S/LI\">Li Auto</a>、<a href=\"https://laohu8.com/S/NIO\">Nio</a>、<a href=\"https://laohu8.com/S/NIU\">Niu Electric</a>It rose by more than 2%.</p><p><a href=\"https://laohu8.com/S/BILI\">Bilibili</a>It rose more than 5% intraday.</p><p>Chinese concept stocks<a href=\"https://laohu8.com/S/TAOP\">Screen scanning</a>The stock rose over 11% after announcing the appointment of Wang Dongfeng as Chief Strategy Officer.</p><p><a href=\"https://laohu8.com/S/GSX\">Who to learn from</a>It fell in early trading and is now down more than 5%. Genshuixue retaliated against the short-selling report yesterday, stating that an internal investigation revealed no financial problems.</p><p>A new leader in the retail investor concept<a href=\"https://laohu8.com/S/RKT\">Rocket Companies</a>It fell more than 9% before closing up more than 70% on Tuesday. Recently, Rocket Companies has seen a significant increase in discussion in the WSB sector.</p><p><img src=\"https://static.tigerbbs.com/27f3c0438b34c5121bbe913672c66e8b\" tg-width=\"840\" tg-height=\"470\"></p><p>Bitcoin prices rebounded sharply, and the US blockchain sector surged.<a href=\"https://laohu8.com/S/NCTY\">Ninth City</a>、<a href=\"https://laohu8.com/S/CAN\">Canaan Technology</a>Up more than 16%,<a href=\"https://laohu8.com/S/SOS\">SOS Ltd.</a>It rose more than 8%.<a href=\"https://laohu8.com/S/RIOT\">Riot Blockchain</a>It rose more than 9%.</p><p><a href=\"https://laohu8.com/S/KMPH\">KemPharm</a>The stock rose more than 80% after the company announced that the U.S. Food and Drug Administration had approved the ADHD treatment drug Azstarys.</p><p><a href=\"https://laohu8.com/S/ZM\">Zoom</a>The stock rose nearly 2% after its flagship Ark Innovation ETF (AARK) bought 255,621 shares of Zoom stock, worth more than $95 million, during the sharp drop.</p><p><a href=\"https://laohu8.com/S/MU\">Micron Technology</a>The company rose 0.32% after expecting second-quarter revenue of $6.2 billion to $6.25 billion, compared to a previous forecast of $5.6 billion to $6 billion.</p><p><a href=\"https://laohu8.com/S/LYFT\">Lyft</a>Shares rose more than 5%, with Lyft expecting its average daily carpooling volume in Q1 2021 to exceed that in Q4 2020, achieving three consecutive months of growth.</p><p><a href=\"https://laohu8.com/S/OCGN\">Ocugen</a>It rose more than 23%, and the medium-term effectiveness of the novel coronavirus vaccine jointly developed with Indian biotechnology company Bharat Biotech was 81%.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/ff6e3231d788a5a6d28cf7965385cc7f","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106033054","content_text":"3月3日（周三），美股三大指数集体低开。美国2月ADP就业人数11.7万人，不及预期的17.7万人。此外，美债收益率扩大涨幅，10年和30年期债券收益率创本周新高。道琼斯指数开盘下跌38.56点，跌幅0.12%，报31352.96点；标普500指数开盘下跌7.93点，跌幅0.20%，报3862.36点；纳斯达克综合指数开盘下跌20.39点，跌幅0.15%，报13358.79点。拼多多涨超3%，拼多多春节期间DAU超过淘宝，位列行业第一。小鹏汽车涨超3%，小鹏汽车今日推出2款磷酸铁锂车型。理想汽车、蔚来、小牛电动涨超2%。哔哩哔哩盘中涨超5%。中概股淘屏涨超11%，宣布任命汪东风为首席战略官。跟谁学盘初下挫，现跌超5%。跟谁学昨日反击做空报告，称内部调查未发现财务问题。散户概念新龙头Rocket Companies跌超9%，周二收涨逾70%，近日Rocket Companies在WSB板块中的讨论度大幅上升。比特币价格大幅反弹，美股区块链板块大涨。第九城市、嘉楠科技涨超16%，SOS Ltd.涨超8%，Riot Blockchain涨超9%。KemPharm涨超80%，此前公司宣布美国食品药品监督管理局批准多动症治疗药物Azstarys。Zoom涨近2%，此前旗舰基金方舟创新ETF（AARK）在大跌中买入了255621股Zoom股票，价值超过9500万美元。美光科技涨0.32%，公司预计第二季度营收将为62亿至62.5亿美元，此前预期为56亿至60亿美元。Lyft涨超5%，Lyft预计21年Q1日均拼车量将超20年Q4，实现连续三个月增长。Ocugen涨超23%，与印度生物技术公司Bharat Biotech共同开发的新冠病毒疫苗中期有效性为81%。","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":6431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":364316314,"gmtCreate":1614815215738,"gmtModify":1704775516776,"author":{"id":"3576808490333004","authorId":"3576808490333004","name":"一茗王","avatar":"https://static.tigerbbs.com/bb488b40ca1e9b06bfd387f3acf02dcc","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576808490333004","idStr":"3576808490333004"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/364316314","repostId":"1156410668","repostType":4,"repost":{"id":"1156410668","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1614782895,"share":"https://ttm.financial/m/news/1156410668?lang=en_US&edition=fundamental","pubTime":"2021-03-03 22:48","market":"us","language":"zh","title":"U.S. inflation has broken through 2.5% for the first time since 2008.","url":"https://stock-news.laohu8.com/highlight/detail?id=1156410668","media":"老虎资讯综合","summary":"美国五年期通胀保值国债（TIPS）损益平衡通胀率涨至2.5%上方，创2008年以来新高。10年期美债收益率涨向1.48%，日内当前涨幅超过8.0个基点。\n此前，媒体报道称，欧洲央行无意干预欧元区债券收","content":"<p>The U.S. five-year inflation-protected Treasury Bond (TIPS) break-even inflation rate rose above 2.5%, a new high since 2008. The yield on 10-year U.S. Treasury bonds rose to 1.48%, with an intraday increase of more than 8.0 basis points.</p><p>Previously, media reports indicated that the European Central Bank had no intention of intervening in the rise in Eurozone bond yields. The yield on the German 10-year Treasury Bond hit a daily high of -0.303%, with a current intraday gain of nearly 5.0 basis points.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. inflation has broken through 2.5% for the first time since 2008.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. inflation has broken through 2.5% for the first time since 2008.\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time smaller\">2021-03-03 22:48</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>The U.S. five-year inflation-protected Treasury Bond (TIPS) break-even inflation rate rose above 2.5%, a new high since 2008. The yield on 10-year U.S. Treasury bonds rose to 1.48%, with an intraday increase of more than 8.0 basis points.</p><p>Previously, media reports indicated that the European Central Bank had no intention of intervening in the rise in Eurozone bond yields. The yield on the German 10-year Treasury Bond hit a daily high of -0.303%, with a current intraday gain of nearly 5.0 basis points.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/eaa375c3f2142c42f281c81029b9c0da","relate_stocks":{".DJI":"道琼斯"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156410668","content_text":"美国五年期通胀保值国债（TIPS）损益平衡通胀率涨至2.5%上方，创2008年以来新高。10年期美债收益率涨向1.48%，日内当前涨幅超过8.0个基点。\n此前，媒体报道称，欧洲央行无意干预欧元区债券收益率的涨势。德国10年期国债收益率刷新日高至-0.303%，日内当前涨幅将近5.0个基点。","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":6378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":360109829,"gmtCreate":1613863521861,"gmtModify":1704885489264,"author":{"id":"3576808490333004","authorId":"3576808490333004","name":"一茗王","avatar":"https://static.tigerbbs.com/bb488b40ca1e9b06bfd387f3acf02dcc","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576808490333004","idStr":"3576808490333004"},"themes":[],"title":"","htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/360109829","repostId":"1166915001","repostType":4,"repost":{"id":"1166915001","kind":"news","weMediaInfo":{"introduction":"轻松诙谐，一览财经趣事。","home_visible":1,"media_name":"侃见财经","id":"1090688601","head_image":"https://static.tigerbbs.com/b30934034f584369aeef0c7ed4236314"},"pubTimestamp":1613789171,"share":"https://ttm.financial/m/news/1166915001?lang=en_US&edition=fundamental","pubTime":"2021-02-20 10:46","market":"hk","language":"zh","title":"With Lei Jun now \"playing football,\" is Xiaomi reliable in manufacturing cars?","url":"https://stock-news.laohu8.com/highlight/detail?id=1166915001","media":"侃见财经","summary":"小米不仅走出了低谷，现在已经开始攀越高山了。2月19日，有媒体报道称，小米已经确定造车，且将造车作为战略级决策。知情人士还称，小米造车或将由雷军亲自带队。消息一出，小米集团股价盘中大涨12%，收盘回落","content":"<p>Xiaomi has not only emerged from its trough, but has now begun to climb mountains. On February 19, media reported that Xiaomi had decided to manufacture cars and made it a strategic decision. Sources familiar with the matter also said that Lei Jun may personally lead Xiaomi's car manufacturing team.</p><p><img src=\"https://static.tigerbbs.com/d092a5bfd1b9cb3b3655676043d00f0e\" tg-width=\"1080\" tg-height=\"771\" referrerpolicy=\"no-referrer\"></p><p>Following the news, Xiaomi Group's stock price surged 12% intraday before falling back to 6.4% at the close, with a total market capitalization of HK$772.2 billion.</p><p>Regarding Xiaomi's car manufacturing, Xiaomi Group responded that it would not comment at this time and would wait for public information to be disclosed.</p><p>I believe that Xiaomi's car manufacturing is a highly probable event. For the new energy vehicle sector, which has relatively \"low\" barriers to entry and good certainty, now is not a good time to enter.</p><p>Over the past decade, Xiaomi has been \"born for fever\" from scratch.</p><p>In order to maximize hardware performance, Xiaomi's products always reflect \"cost-effectiveness\". In order to strive for quality, Lei Jun made several trips to Japan for learning. Fortunately, Lei Jun succeeded in the smartphone market and basically eliminated counterfeit mobile phones in China.</p><p>On July 9, 2018, Lei Jun and Xiaomi were listed on the Hong Kong Stock Exchange.</p><p>Going public is an important milestone for every company. In less than ten years from its founding to its listing, Xiaomi has surpassed Kingsoft, and Lei Jun has proven his value with Xiaomi.</p><p>At the beginning of its IPO, Xiaomi's shareholder list included Jack Ma, Ma Huateng, Li Ka-shing, and others, and investors enthusiastically used their \"voting rights\" to support Xiaomi. To this end, Lei Jun once stated that \"investors who buy Xiaomi stock on the first day of listing should earn at least double the amount.\"</p><p><img src=\"https://static.tigerbbs.com/7e22a5d3be905a202d9210a65c3f5285\" tg-width=\"1080\" tg-height=\"749\" referrerpolicy=\"no-referrer\"></p><p>In early 2019, Lei Jun wrote on his WeChat Moments, \"Ten years ago, I had the idea to found Xiaomi; ten years later, hundreds of millions of people around the world are using various Xiaomi products; in these ten years, I don't seem to have changed much. I have to show off!\"</p><p>To Lei Jun's surprise, before he could even boast, Xiaomi's stock price fell below its issue price. To stop the decline, Lei Jun tried many methods, including extending the lock-up period, promising not to sell, and repurchasing shares.</p><p>But none of this caused Xiaomi's stock price to improve in the slightest. Within a year, Xiaomi's stock price fell by 50% compared to its issue price. At the time, the market was filled with two opinions. The first opinion was that Xiaomi's issue price was too high, which was the main reason for its continuous decline, and that its valuation could only be based on the manufacturing sector. They believed that Xiaomi's stock price was still overvalued. Another view is that Xiaomi should be valued as an internet company, as Xiaomi's stock price is clearly undervalued.</p><p>Of the two opinions, the market clearly leans more towards the former.</p><p>Lei Jun once said in public: \"Faced with the continuously falling stock price, I was so anxious that I couldn't sleep. Everyone had invested $5.5 billion. If the price dropped too badly, how could I possibly go out and meet people?\"</p><p>On one hand, there is double-digit growth in revenue and net profit, and on the other hand, the stock price has fallen below the issue price. Although Lei Jun's \"efforts\" are limited, he is still making unremitting efforts.</p><p>In 2020, a pandemic changed the global business ecosystem and landscape.</p><p><img src=\"https://static.tigerbbs.com/d79620f3e3dafdacd4737cbcb2a815cc\" tg-width=\"1080\" tg-height=\"780\" referrerpolicy=\"no-referrer\"></p><p>In the middle of last year, Xiaomi regained its upward momentum driven by internet companies such as Meituan, and the market reassessed Xiaomi's value. In less than a year, Xiaomi's stock price rose from HK$10 per share to a high of HK$35.9 per share. Moreover, Xiaomi's revenue has exceeded 200 billion yuan (in 2019, Xiaomi's revenue was 205.839 billion yuan and net profit was 10.044 billion yuan).</p><p>In the past year, most of the market share that Huawei lost overseas was taken over by Xiaomi, but the ceiling of the global mobile phone market is already very obvious, and the competition in the existing market will definitely become more and more fierce in the future.</p><p>Regarding car manufacturing, reports indicate that Lei Jun had repeatedly considered the feasibility of Xiaomi manufacturing cars, but this was rejected multiple times.</p><p>In my view, the new energy vehicle sector has become one of the biggest trends in the world. Xu Jiayin of Evergrande once predicted that this sector will be a market worth over ten trillion yuan in the next ten years.</p><p>Therefore, Lei Jun's entry into this sector today can not only seek new growth points for Xiaomi, but also intensify healthy competition in the sector. In fact, Lei Jun's idea of building cars did not suddenly emerge recently. Back in 2013, Lei Jun visited Tesla CEO Elon Musk twice in the United States. He also wrote on his WeChat official account, \"I am very interested in Musk's Tesla cars.\"</p><p><img src=\"https://static.tigerbbs.com/41a93d03c8ae0af9d68db31beb0d9f5a\" tg-width=\"1080\" tg-height=\"950\" referrerpolicy=\"no-referrer\"></p><p>In 2015, Lei Jun also expressed the idea of building cars, but the outside world was not optimistic about it at the time, so Lei Jun did not continue to promote it. Interestingly, he founded Shunwei Capital, which not only invested in Nio Motor Company, but also in Li Auto, and even invested $50 million in XPeng Motor Company.</p><p>According to media reports, Xiaomi had already launched an internal research project called \"micar\" in 2018, led by the General Staff Department, which is responsible for formulating Xiaomi's strategy.</p><p>Currently, Apple, Samsung, and Huawei have all entered the new energy sector, while Tencent, Alibaba, and Baidu have also entered the market in various forms. Evergrande has invested more than 400 billion yuan in this regard. Amidst the covert battle among various forces, I think Xiaomi's entry into the market is just right. Moreover, not long ago, Xiaomi Group had just issued 26 billion yuan in additional shares, which means that Xiaomi has waited for the right time, location, and people, and all the conditions are in place.</p><p>In summary, I believe Xiaomi will eventually enter the fray, because almost all the world's major mobile phone manufacturers have already entered the fray, and some leading internet companies are also rapidly moving forward. If Xiaomi still decides to invest at this time and does not enter the fray itself, it will inevitably be the most disappointed in the future new energy sector.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>With Lei Jun now \"playing football,\" is Xiaomi reliable in manufacturing cars?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWith Lei Jun now \"playing football,\" is Xiaomi reliable in manufacturing cars?\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1090688601\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/b30934034f584369aeef0c7ed4236314);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">侃见财经 </p>\n<p class=\"h-time smaller\">2021-02-20 10:46</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Xiaomi has not only emerged from its trough, but has now begun to climb mountains. On February 19, media reported that Xiaomi had decided to manufacture cars and made it a strategic decision. Sources familiar with the matter also said that Lei Jun may personally lead Xiaomi's car manufacturing team.</p><p><img src=\"https://static.tigerbbs.com/d092a5bfd1b9cb3b3655676043d00f0e\" tg-width=\"1080\" tg-height=\"771\" referrerpolicy=\"no-referrer\"></p><p>Following the news, Xiaomi Group's stock price surged 12% intraday before falling back to 6.4% at the close, with a total market capitalization of HK$772.2 billion.</p><p>Regarding Xiaomi's car manufacturing, Xiaomi Group responded that it would not comment at this time and would wait for public information to be disclosed.</p><p>I believe that Xiaomi's car manufacturing is a highly probable event. For the new energy vehicle sector, which has relatively \"low\" barriers to entry and good certainty, now is not a good time to enter.</p><p>Over the past decade, Xiaomi has been \"born for fever\" from scratch.</p><p>In order to maximize hardware performance, Xiaomi's products always reflect \"cost-effectiveness\". In order to strive for quality, Lei Jun made several trips to Japan for learning. Fortunately, Lei Jun succeeded in the smartphone market and basically eliminated counterfeit mobile phones in China.</p><p>On July 9, 2018, Lei Jun and Xiaomi were listed on the Hong Kong Stock Exchange.</p><p>Going public is an important milestone for every company. In less than ten years from its founding to its listing, Xiaomi has surpassed Kingsoft, and Lei Jun has proven his value with Xiaomi.</p><p>At the beginning of its IPO, Xiaomi's shareholder list included Jack Ma, Ma Huateng, Li Ka-shing, and others, and investors enthusiastically used their \"voting rights\" to support Xiaomi. To this end, Lei Jun once stated that \"investors who buy Xiaomi stock on the first day of listing should earn at least double the amount.\"</p><p><img src=\"https://static.tigerbbs.com/7e22a5d3be905a202d9210a65c3f5285\" tg-width=\"1080\" tg-height=\"749\" referrerpolicy=\"no-referrer\"></p><p>In early 2019, Lei Jun wrote on his WeChat Moments, \"Ten years ago, I had the idea to found Xiaomi; ten years later, hundreds of millions of people around the world are using various Xiaomi products; in these ten years, I don't seem to have changed much. I have to show off!\"</p><p>To Lei Jun's surprise, before he could even boast, Xiaomi's stock price fell below its issue price. To stop the decline, Lei Jun tried many methods, including extending the lock-up period, promising not to sell, and repurchasing shares.</p><p>But none of this caused Xiaomi's stock price to improve in the slightest. Within a year, Xiaomi's stock price fell by 50% compared to its issue price. At the time, the market was filled with two opinions. The first opinion was that Xiaomi's issue price was too high, which was the main reason for its continuous decline, and that its valuation could only be based on the manufacturing sector. They believed that Xiaomi's stock price was still overvalued. Another view is that Xiaomi should be valued as an internet company, as Xiaomi's stock price is clearly undervalued.</p><p>Of the two opinions, the market clearly leans more towards the former.</p><p>Lei Jun once said in public: \"Faced with the continuously falling stock price, I was so anxious that I couldn't sleep. Everyone had invested $5.5 billion. If the price dropped too badly, how could I possibly go out and meet people?\"</p><p>On one hand, there is double-digit growth in revenue and net profit, and on the other hand, the stock price has fallen below the issue price. Although Lei Jun's \"efforts\" are limited, he is still making unremitting efforts.</p><p>In 2020, a pandemic changed the global business ecosystem and landscape.</p><p><img src=\"https://static.tigerbbs.com/d79620f3e3dafdacd4737cbcb2a815cc\" tg-width=\"1080\" tg-height=\"780\" referrerpolicy=\"no-referrer\"></p><p>In the middle of last year, Xiaomi regained its upward momentum driven by internet companies such as Meituan, and the market reassessed Xiaomi's value. In less than a year, Xiaomi's stock price rose from HK$10 per share to a high of HK$35.9 per share. Moreover, Xiaomi's revenue has exceeded 200 billion yuan (in 2019, Xiaomi's revenue was 205.839 billion yuan and net profit was 10.044 billion yuan).</p><p>In the past year, most of the market share that Huawei lost overseas was taken over by Xiaomi, but the ceiling of the global mobile phone market is already very obvious, and the competition in the existing market will definitely become more and more fierce in the future.</p><p>Regarding car manufacturing, reports indicate that Lei Jun had repeatedly considered the feasibility of Xiaomi manufacturing cars, but this was rejected multiple times.</p><p>In my view, the new energy vehicle sector has become one of the biggest trends in the world. Xu Jiayin of Evergrande once predicted that this sector will be a market worth over ten trillion yuan in the next ten years.</p><p>Therefore, Lei Jun's entry into this sector today can not only seek new growth points for Xiaomi, but also intensify healthy competition in the sector. In fact, Lei Jun's idea of building cars did not suddenly emerge recently. Back in 2013, Lei Jun visited Tesla CEO Elon Musk twice in the United States. He also wrote on his WeChat official account, \"I am very interested in Musk's Tesla cars.\"</p><p><img src=\"https://static.tigerbbs.com/41a93d03c8ae0af9d68db31beb0d9f5a\" tg-width=\"1080\" tg-height=\"950\" referrerpolicy=\"no-referrer\"></p><p>In 2015, Lei Jun also expressed the idea of building cars, but the outside world was not optimistic about it at the time, so Lei Jun did not continue to promote it. Interestingly, he founded Shunwei Capital, which not only invested in Nio Motor Company, but also in Li Auto, and even invested $50 million in XPeng Motor Company.</p><p>According to media reports, Xiaomi had already launched an internal research project called \"micar\" in 2018, led by the General Staff Department, which is responsible for formulating Xiaomi's strategy.</p><p>Currently, Apple, Samsung, and Huawei have all entered the new energy sector, while Tencent, Alibaba, and Baidu have also entered the market in various forms. Evergrande has invested more than 400 billion yuan in this regard. Amidst the covert battle among various forces, I think Xiaomi's entry into the market is just right. Moreover, not long ago, Xiaomi Group had just issued 26 billion yuan in additional shares, which means that Xiaomi has waited for the right time, location, and people, and all the conditions are in place.</p><p>In summary, I believe Xiaomi will eventually enter the fray, because almost all the world's major mobile phone manufacturers have already entered the fray, and some leading internet companies are also rapidly moving forward. If Xiaomi still decides to invest at this time and does not enter the fray itself, it will inevitably be the most disappointed in the future new energy sector.</p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/d092a5bfd1b9cb3b3655676043d00f0e","relate_stocks":{"01810":"小米集团-W"},"is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166915001","content_text":"小米不仅走出了低谷，现在已经开始攀越高山了。2月19日，有媒体报道称，小米已经确定造车，且将造车作为战略级决策。知情人士还称，小米造车或将由雷军亲自带队。消息一出，小米集团股价盘中大涨12%，收盘回落至6.4%，总市值为7722亿港币。对于小米造车，小米集团回应称，暂不回应，等公开信息披露。我认为小米造车为大概率事件，对于新能源车这个门槛相对“不高”且确定性比较好的赛道，此时切入不可谓不是一个好时机。过去的十年时间里，小米从零开始为“发烧而生”。为了把硬件做到极致，小米的产品总能看到“性价比”的影子。为了死磕质量，雷军曾跑了数次日本取经。幸运的是，雷军跑通了智能手机这条线，也基本消灭中国的山寨手机。2018年7月9日，雷军携小米登陆港交所。上市对于每一家公司来说都是一个重要的里程碑，从创立到上市不到十年的时间，小米超越了金山，雷军也用小米证明了他的价值。上市之初，小米的股东列表里出现了马云、马化腾、李嘉诚等人，投资者也热情地用手中的“投票权”加持着小米。为此，雷军曾表示“要让上市首日买入小米股票的投资人赚至少一倍以上”。2019年年初，雷军在朋友圈写道，“十年前，我产生出了创办小米的想法；十年后，全球有几亿人在各种用小米的产品；这十年，我好像没什么变化。我得嘚瑟一下！”让雷军没想到的是他还没来得及嘚瑟，小米的股价就跌破了发行价，为了让股价止跌，雷军想了很多办法，包括延长解禁时间，承诺不抛售以及回购等等。但这一切都没能让小米的股价有一丁点起色，一年时间里，小米的股价较发行价跌了50%。当时市场充斥着两种声音，第一种认为小米发行价过高，这是其跌跌不休的主要原因，并且其估值也只能按照制造业去估值，他们认为小米股价仍被高估。另外一种认为小米应该以互联网企业去估值，小米的股价显然被低估了。两种声音下，市场显然更倾向于前者。雷军曾在公开场合谈到：“面对不断下跌的股价，我都焦虑得睡不着觉。大家都投资了55亿美元了，要是跌得太难看，我还怎么出去见人？”一边是两位数增长的营收和净利，一边是跌破发行价的股价，尽管雷军“努力”有限，但他仍然做着不懈的努力。2020年，一场疫情改变了全球商业的生态和格局。去年年中，小米在美团等互联网企业的带动下重拾升势，市场也重新评估了小米的价值。不到一年的时间里，小米的股价从10港元/股，涨至最高35.9港元/股。不仅如此，小米的营收也突破2000亿元（2019年小米营收2058.39亿，净利润100.44亿）。过去的一年，华为在海外的失去的市场大部分都被小米接了过去，但全球手机市场的天花板已经十分明显，存量市场下，未来博弈肯定会愈发激烈。对于造车，有报道称雷军此前曾多次考虑小米造车的可行性，但被多次否决。在我看来，如今新能源车赛道已经全球最大的风口之一，恒大许家印曾预测未来十年，该赛道将会是一个超十万亿级的市场。所以今天，雷军切入这个赛道不仅能为小米寻求新的增长点，也能加剧该赛道的良性竞争。事实上，关于造车想法雷军也不是现在突然冒出来的，早在2013年，雷军就曾两次去美国拜访特斯拉CEO马斯克。并且他在自己的公众号上撰文称，“我对Musk的Tesla汽车很感兴趣。”2015年，雷军也曾流露过造车的想法，不过当时外界对于造车并不乐观，其后雷军就没有继续推进，但有些意思的是，他创立了顺为资本不仅投资了蔚来汽车，还投资了理想汽车，就连小鹏汽车他也都投资了5000万美金。据媒体报道，2018年小米就已经在内部启动了名为 “micar” 的造车项目调研，由负责制定小米战略的参谋部牵头。目前，苹果、三星、华为都已经切入新能源赛道，腾讯、阿里、百度也以各种形式入局，恒大为此已经投资超过了4000亿，各方势力暗战下，我觉得小米入局恰到好处，且此前不久，小米集团刚增发260亿元，也就是说小米已经等到了天时地利人和，所有的条件已经都具备了。综合而言，我认为小米最终一定会下场踢球，因为全球手机大厂基本已经全部入局，一些互联网头部企业也都快马扬鞭，如果此时小米依旧决定投资而不亲自下场，未来新能源赛道上，小米必然是最失意的那个。","news_type":1,"symbols_score_info":{"01810":0.9}},"isVote":1,"tweetType":1,"viewCount":5802,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}