Xiaomi (1810 HK) Q1 2026 (CNY): Revenue 99.14bln (exp. 98.85bln), Net 6.07bln (exp. 5.83bln); notes of headwinds from higher component prices, including memory, and industry competition; plans HKD 20bln share repurchase
Siemens (SIE GY) will, as part of its new strategy programme, be removing titles from some executives, Handelsblatt reports citing sources
Iranian Deputy Secretary of National Security Council arrived in Moscow for the 14th International Conference of Senior Security Officials, where he will deliver a speech and meet Russian political and security officials, Press TV reports
Xiaomi (1810 HK) Q1 2026 (CNY): Revenue 99.14bln (exp. 98.85bln), Net 6.07bln (exp. 5.83bln); notes of headwinds from higher component prices, including memory, and industry competition; plans HKD 20bln share repurchase
Tasnim reports that Iranian Parliamentary Speaker Ghalibhaf's Qatar trip sought progress on releasing USD 24bln in frozen Iranian funds, with Tehran pushing for USD 12bln upfront and the rest within 60 days. Overall, trip was good, led to progress.
One global aluminium producer is seeking a USD 480-per-tonne July-September premium in Japan talks, up 36-37% from the current quarter, sources said
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- Xiaomi’s R&D expenses increased 33% Y/Y in the first quarter.
- Company continued to optimise operating efficiency and invest in core technologies such as AI.
- Capex +20% Y/Y to CNY 3.3bln.
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