Understanding the Market | Xiaomi Corporation-W fell over 4% again, with a cumulative drop of more than 15% this month; the Chengdu Xiaomi SU7 incident continues to escalate
Xiaomi Corporation-W fell more than 4% again, with a cumulative decline of over 15% this month. As of the time of writing, it dropped 3.82%, trading at HKD 45.88, with a transaction volume of HKD 10.359 billion. In terms of news, the incident involving the Chengdu Xiaomi SU7 continues to develop. Previously, witnesses claimed that the car doors could not be opened from the outside after the accident, which contradicts Xiaomi customer service's statement of "automatic unlocking after a collision"; the safety of the semi-hidden electric door handles of the Xiaomi SU7 has also been questioned. The State Administration for Market Regulation announced at the 2025 World Intelligent Vehicle Conference that it will establish and promote the implementation of a reporting system for new energy vehicle fire accidents, a reporting system for remote upgrades of vehicles, and pilot the implementation of a vehicle safety sandbox regulatory system. Bank of China International published a research report stating that Xiaomi Corporation's stock price has shown volatility this week, mainly influenced by multiple news hotspots and market rumors, involving incidents such as the fatal accident of the Chengdu SU7 Ultra, road testing of the third model in Xinjiang, and the readiness of the second-phase factory in Beijing. In addition, the bank stated that although the Xiaomi 17 series high-end combination is better than the Xiaomi 15, it still expects the gross profit margin (GPM) of Xiaomi smartphones to hit bottom in the second half of this year
According to the Zhitong Finance APP, Xiaomi Corporation-W (01810) has fallen over 4% again, with a cumulative decline of over 15% this month. As of the time of writing, it has dropped 3.82%, trading at HKD 45.88, with a transaction volume of HKD 10.359 billion.
On the news front, the incident involving the Chengdu Xiaomi SU7 continues to escalate. Previously, witnesses claimed that the car doors could not be opened from the outside after the accident, which contradicts Xiaomi's customer service statement of "automatic unlocking after a collision"; the safety of the semi-hidden electric door handles of the Xiaomi SU7 has also been called into question. The State Administration for Market Regulation announced at the 2025 World Intelligent Vehicle Conference that it will establish and promote the implementation of a reporting system for fire accidents involving new energy vehicles and a reporting system for remote upgrades of vehicles, as well as pilot the implementation of a vehicle safety sandbox regulatory system.
Bank of China International published a research report stating that Xiaomi Corporation's stock price has shown volatility this week, mainly influenced by multiple news hotspots and market rumors, involving events such as the fatal accident of the Chengdu SU7 Ultra, road testing of the third model in Xinjiang, and the readiness of the second-phase factory in Beijing. In addition, the bank indicated that although the Xiaomi 17 series high-end combination is superior to the Xiaomi 15, it still expects the gross profit margin (GPM) of Xiaomi smartphones to hit bottom in the second half of this year
