XIAOMI-W (01810.HK) +2.050 (+3.603%) Short selling $3.22B; Ratio 11.218% launched its second electric vehicle (EV), the YU7, with a starting price of RMB253,500, atop the SU7's price, Morgan Stanley published a research report indicating. The broker expected this to positively impact the ASP and margin for 2025-26. Besides, the broker noted the surprising order volumes for the YU7, with 200,000 orders in the first three minutes of sales and 289,000 within the first hour, beating the SU7's 10,000 orders in the first four minutes and 50,000 in the first 27 minutes.Related NewsCLSA Estimates XIAOMI-W's EV Price Hikes to Boost GPM; Firm Likely to Become CN 2nd Largest EV MakerThe broker upheld its view that the company’s EV is a disruption force and YU7 will be an evident positive catalyst. It also emphasized its expectation that Xiaomi's total revenue could reach RMB1 trillion by 2030, with net profit reaching RMB100 billion. Consequently, Xiaomi's market cap could reach RMB2.5 trillion, and the success of the YU7 will help accelerate this process. The broker lately set a target price of HK$62 and an Overweight rating. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-27 16:25.)