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| HSI1 | 26,710.45 | +363.21 | 291.76B |
| HSCEI1 | 9,244.24 | +95.77 | 117.25B |
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2026-01-05 10:33:44 XIAOMI-W (01810.HK)'s Chairman Lei Jun revealed in a New Year live broadcast on January 3 evening that the carmaker would aim to deliver 550,000 electric vehicles (EVs) in 2026, marking a YoY growth of over 34%, according to a report from Citi. This target was below investor expectations of 600,000-700,000 EVs and Citi's estimate of 700,000 EVs. The broker's scenario analysis showed a 21% cut in EV shipment volume could impact XIAOMI-W's EV operating profit by RMB5.4 billion, equivalent to 11% of Citi's adjusted net profit forecast for the carmaker in 2026. Citi described this target as conservative, given that XIAOMI-W's capacity was likely sufficient to support deliveries of over 600,000 EVs based on the operational rate of over 50,000 EVs delivered in December 2025 alone. XIAOMI-W was rated by Citi as Buy, with a target price of HKD50. ~ AAStocks Financial News Web Site: www.aastocks.com | |