Xiaomi's stock price breaks 60 Hong Kong dollars for the first time, setting a new high; YU7's orders exceed 200,000 in three minutes, boosting market confidence

According to the latest report, thanks to the strong market performance of the new model Xiaomi YU7, Xiaomi Group-W (1810.HK)'s stock price broke through the HK$60 mark for the first time on June 27, reaching a historical peak of HK$61.45 (about RMB 56.1) during the session. This milestone event was directly driven by the "People, Cars and Homes Full Ecosystem Conference" the day before. Among them, the first SUV model YU7, with a pricing strategy starting from 253,500 yuan, won more than 200,000 large orders within three minutes of its launch, far exceeding market expectations.

At the same time, Citibank clearly pointed out in its latest report that the impressive sales of Xiaomi YU7 has become a key catalyst for driving stock prices up. Its order volume not only exceeds the forecasts of most buyer institutions, but is also expected to help Xiaomi achieve its goal of shipping 400,000 electric vehicles in 2025. It is worth noting that the Xiaomi SU7 Ultra New North Limited Edition, which was launched at the conference, was limited to 100 units at a high price of 814,900 yuan, with a total of 9 color matrixes for the standard version, Pro version and Max version, showing Xiaomi's product strategy of covering multiple markets.

Based on this strong start, Citi further emphasized that Xiaomi's subsequent capacity expansion plan will continue to boost investor confidence, and predicted that the second quarter performance or third quarter guidance in 2025 will become the next catalyst for the stock price. With the simultaneous launch of more than ten new ecological products such as MIX Flip 2 folding phone and AI glasses, Xiaomi's "full ecosystem for people, cars and homes" strategy is significantly strengthening the capital market's recognition of its growth potential through product synergy.