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<Research>UBS: XIAOMI-W (01810.HK) New SU7 Pricing Competitive; Rating Kept at Neutral
Recommend 19 Positive 42 Negative 21 |
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XIAOMI-W (01810.HK) officially launched the new SU7 series at a launch event, UBS released a research report saying. Despite the fierce competitive environment, the new vehicle's pricing remains competitive, with an extension of early bird promotion bundle and a guaranteed delivery time. Lei Jun, Founder of XIAOMI-W, was very confident in XIAOMI-W's AI capabilities, and reiterated that AI-related investments this year will exceed RMB16 billion, with a total investment of RMB60 billion over the next three years, the report added. Therefore, the broker kept its target price/ rating for XIAOMI-W at $38/ Neutral. AASTOCKS Financial News Website: www.aastocks.com |
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