<Research>G Sachs Rates XIAOMI-W at Buy; New SU7 Receives 15K Orders in 34 Mins of Launch

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<Research>G Sachs Rates XIAOMI-W at Buy; New SU7 Receives 15K Orders in 34 Mins of Launch

XIAOMI-W (01810.HK) officially launched the new-generation Xiaomi SU7 yesterday (19th) with a total of three variants: the Standard priced at RMB219,900, the Pro at RMB249,900, and...

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<Research>G Sachs Rates XIAOMI-W at Buy; New SU7 Receives 15K Orders in 34 Mins of Launch

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XIAOMI-W (01810.HK) -1.140 (-3.560%) Short selling $2.65B; Ratio 81.394% officially launched the new-generation Xiaomi SU7 yesterday (19th) with a total of three variants: the Standard priced at RMB219,900, the Pro at RMB249,900, and the Max at RMB303,900, according to a report from Goldman Sachs.

Despite comprehensive upgrades in power performance, chassis control, range, intelligent cabin, and assisted driving, the new SU7s are only RMB4,000 higher than the first-generation models. XIAOMI-W confirmed that it had already received 15,000 orders for the new models within 34 minutes of the launch.

Goldman Sachs has maintained a Buy rating on XIAOMI-W and given it a target price of HKD41.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)

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