Hi, I am Dolphin Research!Guming (Trans): Dine-in mix has returned to a relatively healthy level.Meituan (Trans): Q1 food delivery continued to narrow losses; Douyin is ramping up spend.3690 HK: Triple Squeeze—Will Core Delivery Stay on Its Knees?
---China Mobile: Tax Revamp Hit, Div. Still Intact?Gu Ming: Subsidies Fade, Tea's 'Costco' Stays Solid!
---Guide miss tanks shares; Is Kuaishou at $25bn a buy-the-dip?
---SpaceX IPO Push: Latest Update; GOOGL Unveils AI Memory-Compression Game-Changer | Daily News RecapPDD (Trans): Still in long-term strategic investment modeKuaishou (Trans): Ramp AI investment this year; flexible on buybacks and dividendsPDD: Has the Maverick Gone Mediocre?---Pop Mart: Revenue Surges, Shares Plunge — Who Got It Wrong?
---Kuaishou: After a Near-Death Plunge, Can AI Power a Revival?
---POP MART (Trans): 2026 'pit stop to refuel and change tires'Sanhua Intelligent Controls (Trans): 2026 internal net profit growth target at 15%---Nongfu Spring (Trans): No price hikes planned; still targeting double-digit growth---Nongfu Spring: From defense to offense, the 'Water Maotai' powers higher!
---HSAI (4Q25 Trans): 2026 shipment guidance raised to 3.0–3.5 mn units---HSAI: Worried About ASP Collapse? 'Tesla Castoff' Goes for Volume---Xiaomi (Trans): Memory Price Upcycle Lasts Longer Than Expected; AI Monetization Still Early---Xiaomi: Heaven to Hell — What Still Anchors Conviction?---Mixue Group (Trans): GPM and NPM expected to decline in 2026---Mixue Group: Lucky Cup Rebounds, Has Snow King Bottomed?---