Significant policy for trading in old for new: up to 500 yuan subsidy for mobile phones and tablets, up to 2000 yuan for computers and Air Conditioners, and up to 0.02 million yuan for Electric Vehicles.

The National Development and Reform Commission stated that by 2025, the total scale of ultra-long special treasury bonds used to support the "two new" will significantly increase compared to last year, with specific amounts to be announced during this year's National People's Congress. Fu Jinling, Director of the Economic Construction Department of the Ministry of Finance, stated that recently, the central government has allocated 81 billion yuan for the 2025 consumer upgrade fund to support localities in smoothly implementing policy continuity.

wallstreetcn11:30

Express News | On January 8, Xiaomi repurchased 4.3 million shares at a cost of approximately 0.142 billion Hong Kong dollars.

Breakings18:11

On January 8, XIAOMI-W (01810.HK) spent 0.14 billion Hong Kong dollars to repurchase 4.3 million shares.

Gelonghui, January 8丨XIAOMI-W (01810.HK) announced that on January 8, it spent 0.14 billion Hong Kong dollars to buy back 4.3 million shares.

Gelonghui Finance18:10

China Passenger Vehicle Association: Last month, retail sales of Passenger Vehicles and new energy vehicles increased year-on-year by 11% and 46% respectively.

Data released by the China Passenger Vehicle Market Informational Joint Conference shows that preliminary statistics indicate that in December 2024, the retail sales in the passenger vehicle market reached 2.622 million units, representing an annual growth of 11% and a monthly growth of 9%. The retail sales in the New energy Fund market for passenger vehicles amounted to 1.379 million units, with an annual growth of 46% and a monthly growth of 10%. From January to December 2024, the cumulative retail sales in the passenger vehicle market totaled 22.88 million units, reflecting an annual growth of 5%; the cumulative retail sales in the New energy Fund market for passenger vehicles reached 10.975 million units, with an annual growth of 42%.

AASTOCKS17:03

Hong Kong Stocks Mark Three-Day Losing Streak on Worries Over Strong US Labor Market

MT Newswires16:56

Hong Kong market quick look | Hong Kong stocks narrowed in losses in the afternoon, the Hang Seng Index fell nearly 1%; tech and Apple Supplier stocks declined, SUNNY OPTICAL dropped over 7%, Xiaomi fell nearly 4%; Weichai Power surged over 11%.

Network Technology stocks weakened, XIAOMI-W fell 3.95%, NTES-S rose 2.98%; Coal Industrial Concept stocks weakened, YANKUANG ENERGY fell 4.73%, KINETIC DEV fell 3.94%; Many Mobile Game stocks declined, INFINITIES TECH rose 10.00%, BOYAA fell 8.88%;

Futu News16:23