Lei Jun: Xiaomi SU7 Ultra Officially Becomes Part of GT7
Xiaomi SU7 Ultra Announcement: The Xiaomi SU7 Ultra will be featured in "Gran Turismo 7," marking it as the first vehicle from a Chinese brand in the game series, with the announcement made by founder Lei Jun at 2 PM today.
Stock Performance: XIAOMI-W shares rose by 1.71% to HKD36.94, with a trading volume of 48.1113 million shares, amounting to HKD1.752 billion.
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Citi Reduces XIAOMI-W (01810.HK) Adjusted Net Profit Projections and Cuts Target Price to $43
Profit Forecasts Lowered: Citi Research has reduced its adjusted net profit forecasts for XIAOMI-W for 2025-2027 by 3%, 21%, and 17% due to declining smartphone and EV shipment volumes and expected lower gross profit margins.
Target Price Adjustment: The target price for XIAOMI-W has been cut from $50 to $43, while maintaining a "Buy" rating.
R&D Investment Outlook: The company is expected to enter a high R&D investment cycle from 2026 to 2027, focusing on emerging technologies like AI, chips, and robotics.
Market Growth Projections: Despite short-term challenges in the smartphone sector, the IoT business is anticipated to grow by 10% in 2026, and the EV market is expected to recover with new model launches and increased orders, driving growth in 2027.

Net Inflow of HKD800.5M in Southbound Trading for TENCENT
Southbound Trading Inflows: TENCENT (00700.HK) and XIAOMI-W (01810.HK) saw significant Southbound Trading net inflows of HKD800.5 million and HKD643.1 million, respectively, while ZIJIN MINING (02899.HK), BABA-W (09988.HK), and SMIC (00981.HK) experienced notable outflows.
Short Selling Activity: TENCENT and XIAOMI had short selling amounts of $789.05 million and $1.09 billion, with respective ratios of 5.535% and 16.245%, indicating active trading interest in these stocks.









