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<Research>CMSI Sees Huge Hit Potential for XIAOMI-W (01810.HK) YU7, Expects Sales to Double in 2026
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Lei Jun, Founder of XIAOMI-W (01810.HK), announced that XIAOMI-W's first SUV model, the YU7, will be released at a new product launch conference at the end of June, and is expected to go on sale in July, according to CMSI's research report.

The press conference will also introduce a number of new products, including the 15S cell phone and the tablet 7SPro equipped with its self-developed XRINGO1 chip. The broker believed that Xiaomi YU7 has a strong product strength, with 3x of SU7 leads, signaling a huge hit potential. Its sales are expected to double in 2026.

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CMSI estimated that the YU7's starting price will be around RMB250,000, and its biggest direct competitors will be Tesla's Model Y, as well as NIO-SW (09866.HK)'s EC6 and the upcoming XPENG-W (09868.HK) G7. The YU7 will have a certain degree of siphoning effect on peers.
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CMSI's ratings and target prices on shares in the auto and related industries:

Stock│ Rating│ TP
GEELY AUTO (00175.HK)│Overweight│$27.5
BYD COMPANY (01211.HK)│Overweight│$170
XPENG-W (09868.HK)│Overweight│$115
ZHONGSHENG HLDG (00881.HK)│Overweight│$24
FUYAO GLASS (03606.HK)│Overweight│$73
LI AUTO-W (02015.HK)│Overweight│$138
GWMOTOR (02333.HK)│Overweight│$19
MINTH GROUP (00425.HK)│Overweight│$34
WEICHAI POWER (02338.HK)│Overweight│$19.1
BOE VARITRONIX (00710.HK)│Overweight│$7.6
Tesla (TSLA.US)│Overweight│US$452

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