PDD (Trans): Still in long-term strategic investment modeKuaishou (Trans): Ramp AI investment this year; flexible on buybacks and dividendsPDD: Has the Maverick Gone Mediocre?
---POP MART: Pit stop to refuel and change tires, back on track!
---可靈起飛，老業務趴地，快手還能繼續走 AI 重估路嗎？POP MART (Trans): 2026 'pit stop to refuel and change tires'Sanhua Intelligent Controls (Trans): 2026 internal net profit growth target at 15%
---Nongfu Spring (Trans): No price hikes planned; still targeting double-digit growth---Nongfu Spring: From defense to offense, the 'Water Maotai' powers higher!
---HSAI (4Q25 Trans): 2026 shipment guidance raised to 3.0–3.5 mn units---HSAI: Worried About ASP Collapse? 'Tesla Castoff' Goes for Volume---Xiaomi (Trans): Memory Price Upcycle Lasts Longer Than Expected; AI Monetization Still Early---Xiaomi: Heaven to Hell — What Still Anchors Conviction?---Mixue Group (Trans): GPM and NPM expected to decline in 2026---Mixue Group: Lucky Cup Rebounds, Has Snow King Bottomed?---Laopu Gold (Trans): Target GPM to stay at 40%-43%Laopu Gold: Secondary offering at highs; the gold 'Hermès' bet paid off!---HK & A-Shares Rout; Gold Hammered | Daily News Recap---XPEV (4Q25 Trans): Iron robot targets >1,000 units/month by end-2026---XPEV: All Hype, No Profits — Still the 'Tesla of the East'?---