Weekend reading | There is no "largest client" in Apple's eyes.
Under the atmosphere of the tariff war, Apple, the largest and also one of the most profitable companies in the Global Market Cap, continues its path of decoupling.
By comparing Apple, Tesla, and BYD, Morgan Stanley explained the logic behind Xiaomi's valuation potentially doubling within five years.
Morgan Stanley believes that, referencing the historical data of Tesla and BYD, as Xiaomi's electric vehicle sales explode over the next two years (with a CAGR of over 100%), the company's electric vehicle Business P/S is also expected to expand rapidly, reaching 2-3 times by 2026. Furthermore, with the model of "Smart Phone + AIoT + Internet services", Xiaomi is expected to replicate Apple's success, with Morgan Stanley predicting that this Business will reach a PE of 20-25 times by 2025.
Yuyuantan Tian: Why has China agreed to engage with the U.S. at this time? This is based on three considerations.
On the morning of May 7, the Ministry of Foreign Affairs announced that from May 9 to 12, the Chinese side would visit the Swiss Franc, during which talks will be held with the U.S. side.
Express News | Trump: Imposing an 80% tariff on China seems reasonable.
Express News | Trump stated that if negotiations go smoothly, the USA is expected to reduce tariffs on China.
Taobao has set its sights on the traffic of Xiaohongshu.
A "marriage" between e-commerce platforms and content platforms.