XIAOMI-W (01810.HK) +0.340 (+1.081%) Short selling $504.37M; Ratio 15.585% is about to announce its results for 1Q26, JP Morgan said in its report. The broker expected overall adjusted net profit to beat expectations, helped by better smartphone and IoT gross margins, despite a marked YoY slump in revenue from smartphones and EV businesses.In terms of EV deliveries, XIAOMI-W delivered a total of about 110,000 units as of April, representing only 20% of its full-year target of over 550,000 units. To meet the target, monthly deliveries would need to exceed 55,000 units for the remaining months. Related NewsXIAOMI-W (01810.HK) Gains 1.5% Against Market Trend; G Sachs Expects 1Q26 Profit to Beat ForecastsIn JP Morgan's view, considering production capacity constraints, the risk of a downward revision to the full-year EV delivery guidance is ascending, and investors should keep tabs on whether EV deliveries can accelerate in 2Q. The broker maintained its Neutral rating on XIAOMI-W, and set a TP of HKD35. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-13 16:25.)
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