To The Moon

$XIAOMI-W(01810)$ Xiaomi Delivers Record Q2 - Will Stock Follow Through to New Highs? Key Highlights (Q2 2025, ended June 30): Revenue soared ~30.5% YoY to a record RMB 116 billion (~US $16.2 billion), beating consensus (RMB 114.7 billion) . Adjusted net profit surged ~75% to RMB 10.8 billion, exceeding estimates (RMB 10.1 billion). Smartphone revenue softened ~2.1%–2.2% to RMB 45.5 billion, on lower ASPs though shipments rose (~42.4 million globally). IoT & Lifestyle ahoy Revenue jumped ~45% to RMB 38.7 billion, powered by appliances, wearables, tablets The Wall Street Journal. EV segment tripled revenue to RMB 20.6 billion with 81,302 units delivered; losses narrowed from RMB 500M to RMB 300M. Gross margin in EVs improved to ~26.4%, approac

China's Pop Mart, maker of the Labubu doll, says profit soars nearly 400% in first half - CNA $POP MART(09992)$ Market Snapshot & Catalysts New Highs: Pop Mart stock recently hit record highs HK$320–HK$321 following the buzz around the imminent Labubu mini launch. Hang Seng Index Entry: Pop Mart will join the Hang Seng Index (and the China Enterprises Index) on September 8, 2025, joining only two other new entrants a move typically favoring higher institutional demand. Revenue & Profit Surge: Pop Mart’s H1 2025 net profit spiked nearly 400%, while revenue tripled, and full-year revenue is projected to exceed 30 billion yuan (~US$4.18B) well above prior targets. Analyst Sentiment: Analysts remain bullish, with an average target of HK$372,

Valuation & Market Context Alibaba ( $Alibaba(BABA)$ ) trades around 14.2× forward P/E as of August 23, 2025. Barron’s recently reported a forward P/E of 13×, which is notably below its five‑year average, highlighting an attractive valuation setup. Pinduoduo ( $PDD Holdings Inc(PDD)$ ) presents more mixed figures: Yahoo Finance notes a forward P/E near 13.9×. TipRanks/ SimplyWallSt show a P/E of about 13×, well below the peer average of 56.8×. Seeking Alpha and Nasdaq sources have pegged forward P/E anywhere from 8× to 12.8× - depending on the growth expectations baked in. Bottom line: Both Alibaba and Pinduoduo appear cheap or at least modestly valued meaningful if China's consumer recovery kicks into