PRE-MARKET CHINESE STOCKS NEWS: Xiaomi (1810 HK) signed an MoU with the first batch of leading German automotive dealer groups as it plans to enter the European market in 2027
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SmarTone Telecommunications Holdings (315 HK) - Co. FY26 (HKD) net 525mln (prev. 479mln Y/Y), rev. 6.60bln (prev. 6.25bln Y/Y). (Newswires) Xiaomi (1810 HK) - Co. signed an MoU with the first batch of leading German automotive dealer groups as it plans to enter the European market in 2027. (Newswires) ByteDance - Co. is reportedly seeking to expand computing capacity by building additional data centres in Inner Mongolia over the next two years, after preliminary talks with local vendors to add 5-6 gigawatts of capacity. (Newswires) Autos China’s preliminary retail passenger vehicle sales rose 11% M/M and fell 4% Y/Y in August, versus -8.8% M/M and -20.9% Y/Y previously, according to the PCA. (Newswires) US auto industry group reportedly urged lawmakers to pass a comprehensive ban on Chinese vehicles before year-end. (Newswires) Other News China is reportedly targeting a 15% increase in SME revenues by 2030, while seeking to strengthen the IPO pipeline for SMEs and launch a bond-market
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