Humanoid robot competition: a "technical coming-of-age ceremony" where "flops" and "evolution" occur simultaneously.
① The champion team from Tian Gong, CTO Tang Jian of the Peking Humanoid Robot Innovation Center, told the Star Daily reporter, "The half marathon competition is mainly a limit test for the robot's Hardware and Software motion algorithm, or the stability and reliability of the robot's 'little brain'." ② The Wuxi embodied intelligence sports event opening tomorrow, along with the upcoming robot combat competition held by Yushu, will undoubtedly attract more attention for 'inspection.'
Technology stocks are rebounding, while high-profile stocks are collectively "cooling down". The market may enter a critical period for switching between high and low performances.
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US-Listed China Stocks Surge As Trump Hints At Tariff Cuts and Softening Trade Tensions
Shares of US-listed Chinese Companies Are Trading Higher After President Trump Indicated the Final Tariff Rate With China Would Be "Substantially" Below Than the Current 145% but Not 0%.
Beijing Kingsoft Office Software, Inc's Q1 Net income increased by 9.75%. Affected by the procurement process for new trust creation, WPS Software Business revenue decreased by 20.99% | Earnings Reports Insights.
In Q1, Beijing Kingsoft Office Software, Inc's revenue increased by 6.22% year-on-year, and Net income grew by 9.75% year-on-year. The traditional personal Business steadily grew, with WPS 365 performing impressively. However, due to the impact of the new procurement process in the 2025 trust creation program, the revenue from WPS Software business was 0.262 billion yuan, down 20.99% year-on-year.
Express News | U.S.-Listed Chinese Stocks Surge In Overnight Trading, $Alibaba(BABA.US)$ and $Bilibili(BILI.US)$ Rise 2%, $JD.com(JD.US)$ and $Baidu(BIDU.US)$ Shares Up 1%; $PDD Holdings(PDD.US)$ Soars 3%
Siasun Robot&Automation team "operating" ignites the buzz! The Industry Chain frequently updates progress. Analysts suggest that the next 2-3 years may be a critical period for mass production.
① This year, the Guangzhou Fair has set up a special area for service robots for the first time, and exhibitors revealed that customers made deposits on the spot, with some even stating that "9 out of 10 display models were booked." ② Currently, there are 11 major humanoid Ontology manufacturers in China that have started mass production plans for 2024, with several manufacturers planning to produce over a thousand units in 2025. ③ Analysts state that the next 2-3 years will be a crucial period for large-scale mass production and delivery of robots.
Baidu Analyst Ratings
Iflytek Co.,ltd.: Q1 revenue increased by 27.7%, accelerating the commercialization of the Spark large model.
Iflytek Co.,ltd. reported a 27.7% revenue growth in Q1, with key points highlighting the accelerated commercialization of the Spark large model. Financial performance: revenue reached 4.658 billion yuan, a year-on-year increase of 27.74%; net loss was 0.193 billion yuan, a decrease of 35.68% year-on-year; non-recurring net loss was 0.228 billion yuan, a decrease of 48.29% year-on-year. Cash flow improvement: the net cash flow from operating activities was -0.712 billion yuan, an improvement of 48.54% year-on-year. R&D investment: continued to increase the strategic investment in the "Iflytek Spark" large model, with R&D expenses reaching 0.947 billion yuan, a year-on-year increase of 12.4%. Business highlights: the Spark deep reasoning model was released on April 20.
Zhongji Innolight's Q1 net profit increased by 57% year-on-year, driven by growing demand for high-end optical modules | Earnings Reports insights.
Zhongji Innolight's Q1 report shows impressive performance, benefited by the growth in computing infrastructure and related capital expenditures. The increased demand for 800G/400G high-end optical modules has driven revenue, net income, and net income excluding non-recurring items to grow year-on-year by 37.8%, 56.8%, and 58.4%, respectively.
Hangzhou Hikvision Digital Technology's Q1 revenue grew by 4.01% year-on-year, and net income increased by 6.41% | Earnings Reports insights.
In Q1, Hangzhou Hikvision Digital Technology achieved a revenue of 18.532 billion yuan, an increase of 4.01% year-on-year; the net income attributable to the parent company was 2.039 billion yuan, a year-on-year increase of 6.41%. The company's operating cash flow has significantly improved, with a net outflow of 1.737 billion yuan, a year-on-year contraction of 56.19%.
Latest ratings for US stocks | China Merchants (Hong Kong) maintains a Buy rating for Baidu with a Target Price of $146.70.
Cailian Press will regularly compile the ratings and Target Prices of various Brokerages for U.S. stocks and Chinese concept stocks.
Retail Buyers vs. Global Sellers: Is Now the Time to Jump into U.S. Stocks?
Datacenter construction costs may rise by 20%. Trump's tariffs have dealt a blow to the AI industry in the USA.
① The cost of AI construction not only includes chips, but also requires consideration of Building Materials, cooling equipment, and even backup Generators, all of which are affected by tariffs. ② Altman previously revealed that OpenAI is urgently researching how tariffs will impact the running costs of AI models. ③ "The supply cycle for all core components has long reached 24-36 months," industry insiders expect that the construction costs of Datacenters in the USA may rise by 15%-20%.
Goldman Sachs Warns $2.5 Trillion Sell-Off In The Extreme Event Of US-China Decoupling As Scott Bessent Says 'Everything Is On The Table'
The humanoid robot marathon will kick off on April 19, with the industry entering a phase of intensive catalysis.
① According to reports, the world's first humanoid robot half marathon will start at 7:30 AM on April 19th in Peking Yizhuang. ② Shanghai Securities pointed out that the Siasun Robot&Automation Industry Chain has entered a stage of "a hundred flowers blooming, a hundred schools of thought contending". Currently, humanoid robots are entering industrial scenarios, which has become a highly certain application trend domestically and globally. The commercialization of humanoid robots is promising, and attention is recommended for domestic component manufacturers that will benefit.
U.S. stocks closed: Technology Industry tariffs postponed, the three major Indexes rose collectively, and Chinese concept stocks surged.
① Large technology stocks showed mixed performance, with Apple increasing by 2.21%; ② China Concept Stocks generally rose, with the Nasdaq China Golden Dragon Index increasing by 3.23%; ③ NVIDIA: is striving to produce AI supercomputers entirely in the USA.
Trump's Tariff Backtrack: Tech Giants Set to Surge—Is It Time to Buy?
Shares of Chinese Stocks Are Trading Higher. Chinese Stocks May Be Volatile Amid the Escalation of US-china Trade Tensions.
Express News | U.S.-listed Chinese stocks and ETFs surge in overnight trading.