Understanding the Market | Xiaomi Corporation-W rose over 5%, with June automobile deliveries consistently exceeding 30,000 units. Citigroup pointed out that the company's valuation is attractive
Xiaomi Corporation-W rose over 5%, as of the time of writing, it increased by 4.71%, reported at HKD 22.66, with a transaction volume of HKD 3.376 billion. On the news front, on July 1st, Xiaomi Auto announced that its June delivery volume continued to exceed 30,000 units. It is worth mentioning that this is the third consecutive month that Xiaomi Auto has stabilized its monthly deliveries above 30,000 units, following April and May of this year. Citigroup stated that the stock is currently trading at a price-to-earnings ratio of 18.8 times and 13.6 times for the forecasts of 2026 and 2027, respectively, making the valuation quite attractive. The bank expects that, driven by the expectations for 2026 and the upcoming launch of YU9, the stock price is likely to rebound in August. Goldman Sachs previously pointed out in its research report that as Xiaomi Corporation enters a period rich in catalysts in the coming months, the progress of Smart EVs and AI will become the core focus for investors. The bank believes that in the third quarter, there is potential for a turning point both in market sentiment and financial aspects
According to Zhitong Finance APP, Xiaomi Corporation-W (01810) rose over 5%, and as of the time of writing, it increased by 4.71% to HKD 22.66, with a transaction volume of HKD 3.376 billion.
On the news front, on July 1st, Xiaomi Automobile announced that its delivery volume in June continued to exceed 30,000 units. It is worth mentioning that this marks the third consecutive month that Xiaomi Automobile has stabilized its monthly deliveries above 30,000 units following April and May of this year. Citigroup stated that the stock is currently trading at a price-to-earnings ratio of 18.8 times and 13.6 times for the forecasts of 2026 and 2027, respectively, making the valuation quite attractive. The bank expects that driven by the expectations for 2026 and the upcoming launch of the YU9, the stock price is likely to rebound in August.
Goldman Sachs previously pointed out in a research report that as Xiaomi Corporation enters a period rich in catalysts over the next few months, the progress of smart electric vehicles (Smart EV) and artificial intelligence (AI) will become the core focus for investors. The bank believes that in the third quarter, there is potential for a turning point both in market sentiment and financial performance
