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| HSI1 | 23,350.03 | +295.00 | 304.95B |
| HSCEI1 | 7,699.76 | +87.28 | 86.75B |
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2026-07-02 11:46:53 Citi published a research report covering XIAOMI-W (01810.HK), which announced its EV deliveries busted above 30,000 units in June 2026. By far, the delivery cycle for the YU7 model has remained largely stable, with the standard, long-range, Pro, Max and GT variants all requiring 6-9 weeks. Meanwhile, the delivery cycle for the new SU7 model shortened to 4-7 weeks, vs 8-11 weeks for the standard version and 10-13 weeks for the Max version at the end of May. Cumulative shipments for Jan-Jun 2026 exceeded 180,000 units, representing 33% of its 550,000-unit delivery target for 2026. The broker forecast XIAOMI-W stock price to rebound in August, backed by expectations for 2026 and the upcoming launch of the YU9. Besides, if global Chinese memory chipmakers announce additional capex leading to signs of memory price peaking, this was expected to positively impact XIAOMI-W's share price over the next 12 months. Citi maintained Buy on XIAOMI-W with an unchanged TP of HKD37. ~ AASTOCKS Financial News Website: www.aastocks.com | |