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| HSI1 | 22,671.86 | -405.05 | 342.10B |
| HSCEI1 | 7,460.84 | -147.54 | 100.47B |
| Back Zoom + Zoom - Block Traded | |
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2026-06-25 11:02:46 As XIAOMI-W (01810.HK) enters a catalyst-rich period in the coming months, progress in Smart EV and AI will become the core focus for investors, Goldman Sachs said in a research report. Although the stock has slid 42% year to date due to multiple concerns including rising bill of materials (BOM) costs, weak domestic consumption and unfavorable fund flows, the broker foresaw 3Q26 could mark a potential inflection point in both market sentiment and financial performance. The broker maintained its Buy rating on XIAOMI-W with a 12-month HKD40 TP. Goldman Sachs noted that XIAOMI-W's valuation has largely bottomed out. In the Smart EV segment, while the market is awaiting detailed specifications of the third vehicle series - potentially named "SKYNOMAD", an extended-range large SUV - which is expected to be disclosed in MIIT filing documents as early as mid-July, the broker expected the new series to be positioned as an all-terrain touring SUV with a competitive entry price (e.g. starting from RMB200,000). The broker maintained its forecast that deliveries of the new series will reach 110,000 units in 2026 and 240,000 units in 2027. Furthermore, XIAOMI-W's AI monetization strategy is gradually taking shape, mainly covering system-level AI assistants for consumers, code and productivity tools for enterprises, as well as AIoT ecosystems and smart driving applications in the physical world. ~ AASTOCKS Financial News Website: www.aastocks.com | |