Xiaomi next-gen SU7 launch date set; BABA to roll out enterprise AI agents | Daily News Recap ---

0316 ｜Dolphin Research Focus:

🐬 Macro/Industry

Per the National Bureau of Statistics, Jan–Feb industrial output above designated size and total retail sales both beat estimates. Retail sales rose 2.8% vs. 2.5% consensus and 0.9% prior, with growth accelerating by 190bps. Industrial gains were driven by high-tech and equipment mfg., while consumption benefited from the Lunar New Year effect and policy support.

🐬 Single Stocks

1、$XIAOMI-W(01810.HK)

Xiaomi announced its next-gen SU7 will be officially launched at 19:00 on Mar 19, with three trims priced at RMB 229,900–309,900. The model upgrades ADAS, range, and charging, and the Yizhuang plant has started pre-production to secure deliveries. This is a key move to cement Xiaomi's position in the mid-to-high-end BEV segment, with product upgrades aligned to core market needs, likely driving volume. We will watch pricing acceptance, rising homogeneity, and other competitive risks.

2、$BABA-W(09988.HK)

Reports suggest Alibaba may launch a new enterprise AI agent as soon as this week. Built on the Tongyi Qianwen LLM and developed by the DingTalk team for enterprise clients, it can automate operations across PCs, browsers, and cloud servers, with built-in data security for privacy protection. It will later plug into Taobao, Alipay and other B-end capabilities to broaden use cases. As a new product atop frameworks like AgentScope Java, the launch further strengthens Alibaba's AI-to-B stack.

3、$BYD COMPANY(01211.HK)

BYD's Brazil plant secured export orders totaling 100k units, with 50k each to Argentina and Mexico. As BYD's largest overseas vehicle hub, the site benefits from regional FTAs to avoid tariffs, and the orders should accelerate the ramp. The wins validate BYD's LatAm localization strategy and should lift overseas revenue, reinforcing its position abroad. Risks include a thin local supply chain, policy constraints, and changes in the global trade environment.

4、BEKE and Leapmotor report earnings tonight. Dolphin Research will track and publish analysis.