
Understanding the Market | Xiaomi Corporation-W rose over 6% in the afternoon, Goldman Sachs expects YU7 to be released as planned between June and July

Xiaomi Corporation-W rose over 6% in the afternoon, and as of the time of writing, it was up 5.72%, trading at HKD 44.35, with a transaction volume of HKD 9.179 billion. Goldman Sachs previously released a research report indicating that Xiaomi's electric vehicle factory Phase II is ready to start production, likely beginning trial production next month. As the order volume for the Xiaomi SU7 has recently returned to a more normal level, it is expected that the Phase II factory's production will effectively enhance Xiaomi's productivity for the Xiaomi SU7 and YU7 series electric vehicles. Currently, it is believed that the YU7 can still be officially launched as planned between June and July, maintaining the sales forecast for the YU7 at approximately 85,000 units and 360,000 units for this year and next year, respectively. Notably, on April 19, the world's first humanoid robot half marathon gun went off. The "Tiangong" robot finished first with a time of 2 hours, 40 minutes, and 42 seconds, winning the championship. It is reported that the Tiangong Ultra was developed by the Beijing Humanoid Robot Innovation Center. By the end of 2023, UBTECH, as the initiating and general manager unit, jointly funded and established the Beijing Humanoid Robot Innovation Center with 10 leading industry enterprises and institutions, including Beijing Electromechanical, Xiaomi Robotics, and Yizhuang Robotics
According to Zhitong Finance APP, Xiaomi Corporation-W (01810) rose over 6% in the afternoon, and as of the time of publication, it was up 5.72%, trading at HKD 44.35, with a transaction volume of HKD 9.179 billion.
Goldman Sachs previously released a research report indicating that Xiaomi's electric vehicle factory Phase II is ready to start production, likely beginning trial production next month. As the order volume for the Xiaomi SU7 has recently returned to a more normal level, it is expected that the Phase II factory's production will effectively enhance Xiaomi's productivity for the Xiaomi SU7 and YU7 series electric vehicles. It is currently believed that the YU7 can still be officially launched as planned in June to July, maintaining the sales forecast for YU7 at approximately 85,000 units and 360,000 units for this year and next.
It is worth noting that on April 19, the world's first humanoid robot half marathon gun went off. The "Tiangong" robot finished first with a time of 2 hours, 40 minutes, and 42 seconds, winning the championship. It is reported that the Tiangong Ultra was developed by the Beijing Humanoid Robot Innovation Center. By the end of 2023, UBTECH, as the initiating and general manager unit, jointly funded and established the Beijing Humanoid Robot Innovation Center with ten leading enterprises and institutions in the industry, including Beijing Electromechanical, Xiaomi Robotics, and Yizhuang Robotics