The Xiaomi YU7 will be unveiled tonight (26th) at 7 PM, representing a crucial test for Xiaomi's automotive division, Chinese media reported, citing Lei Jun, founder, chairman, and CEO of XIAOMI-W (01810.HK) +2.650 (+4.657%) Short selling $2.14B; Ratio 10.298% . The SUV is the true battleground of the automotive industry, and the YU7 is about to face fierce competition, Lei noted. Despite having enough confidence, he said the competition in the SUV sector is intense, and the company will proceed with caution and full effort. Related NewsTF Securities: Investors Shall Wait for Easing of Capital/ Sentiment Before Entering HK Stock Mkt, Observe Whether Capital Flows Back to Heavyweights Like BABA & XIAOMIIf the initial order performance of the YU7 can surpass that of the SU7 in the same period, it would be considered quite satisfactory, the founder indicated. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-27 12:25.)