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<Research>Citi Expects Positive Reaction to XIAOMI-W (01810.HK) Stock Price from YU7 Orders; Rating Buy
The prices for XIAOMI-W (01810.HK)'s YU7 Basic, Pro, and Max versions are RMB253,500, RMB279,900, and RMB329,900 respectively, Citi said in a report. Within the first 3 minutes...
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<Research>Citi Expects Positive Reaction to XIAOMI-W (01810.HK) Stock Price from YU7 Orders; Rating Buy
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The prices for XIAOMI-W (01810.HK)  +2.050 (+3.603%)    Short selling $3.22B; Ratio 11.218%   's YU7 Basic, Pro, and Max versions are RMB253,500, RMB279,900, and RMB329,900 respectively, Citi said in a report. Within the first 3 minutes of sales, orders hit 200,000, and within the first hour, they reached 289,000, surpassing most street consensus.

Citi expected XIAOMI-W's stock price to react positively to the YU7 orders and believed there is room for upward revision of 2025's target of 400,000 electric vehicle (EV) shipments. Investors may gain confidence from further plans to expand EV production capacity.

Related NewsBofAS: XIAOMI-W (01810.HK) YU7 Pricing Largely in Line; Orders Beat SU7
The next catalysts are 2Q25 results/ 3Q25 guidance. The TP was HKD73, with a Buy rating.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-27 16:25.)

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