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<Research>Citi: XIAOMI-W (01810.HK) YU7 GT Setup Attractive
Recommend 18 Positive 27 Negative 3 |
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XIAOMI-W (01810.HK) held a new product launch event on May 21 (yesterday), featuring the YU7 GT as the highlight, while also unveiling the YU7 standard version and Xiaomi 17 Max, Citi recaptured in its report. The YU7 GT is priced at RMB389,900, delivering approximately 1,000 horsepower, with attractive setup. The report noted that the newly launched YU7 standard version is priced at RMB233,500, which is expected to cover the RMB200,000-250,000 SUV market segment. Overall, the broker believed that a more affordable pricing strategy and an expanded number of SKUs will effectively stimulate a rebound in order volume and improve capacity utilization. Market sentiment toward the EV business is expected to improve. Citi assigned a TP of HKD37 and a rating of Buy on XIAOMI-W. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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