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<Research>G Sachs Keeps Buy on XIAOMI-W; New Model Launches Reinforce Position as Leading Foundation Model Developer
XIAOMI-W (01810.HK) has launched the MiMo-V2.5 model series, including MiMo-V2.5, MiMo-V2.5-Pro, and MiMo-V2.5-TTS, continuing the momentum following the launch of the MiMo-V2-Pro ...
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<Research>G Sachs Keeps Buy on XIAOMI-W; New Model Launches Reinforce Position as Leading Foundation Model Developer
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XIAOMI-W (01810.HK)  +0.020 (+0.064%)    Short selling $773.07M; Ratio 32.185%   has launched the MiMo-V2.5 model series, including MiMo-V2.5, MiMo-V2.5-Pro, and MiMo-V2.5-TTS, continuing the momentum following the launch of the MiMo-V2-Pro series in March, Goldman Sachs' report said.

Among them, the MiMo-V2.5-Pro serves as the new flagship foundation model. Designed for long-sequence reasoning and higher agent efficiency, it supports a context length of up to 1 million tokens.

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Goldman Sachs believes the new model launches have further reinforced XIAOMI-W's position as a leading foundation model developer. With an accelerated pace of model upgrades over the past six months, the company should have ramped up the commercialization of its large language models and expanded related applications within its "Human x Car x Home" ecosystem.

XIAOMI-W's rating remains Buy, alongside a target price of HKD41.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-24 16:25.)

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