Movement Alert|XIAOMI-W Rises 3.03% in Regular Trading, Daiwa Issues Buy Rating Amid Strong Product Momentum

Market Focus
Sep 21

On September 21, XIAOMI-W rose 3.03% in regular trading, trading at HK$27.2 per share, with turnover of HK$1.271 billion.

On the news front, Daiwa published a research report identifying XIAOMI-W as a significant step in the broader adoption of domestic semiconductor technology, assigning the stock a \"Buy\" rating. Separately, CLSA previously noted that with the intensive rollout of new flagship products, Xiaomi's revenue and profit are expected to bottom out in Q3 and begin rebounding in Q4.

Product momentum continues to build across multiple business lines. The Xiaomi 18 Pro series, scheduled for official launch on September 23, features a Leica dual 200-megapixel imaging system, next-generation display technology, and batteries up to 8,500mAh. Xiaomi Group President Lu Weibing confirmed pricing will increase over the prior generation but emphasized the value proposition remains compelling, with market estimates pointing to a starting price of RMB 6,999–7,999. Meanwhile, the Xiaomi Pengcheng N70/N90 automotive series continues to attract strong demand, with buyer profiles largely non-overlapping with earlier SU7 and YU7 models, broadening Xiaomi's customer base in the EV segment.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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