$XIAOMI-W(01810)$ Xiaomi’s YU7 electric SUV is officially launching on June 26, and anticipation is building fast. Positioned as a high-performance EV with up to 835 km of range and dual-motor AWD options, the YU7 is Xiaomi’s boldest move yet in the auto space—aimed squarely at rivals like Tesla and BYD. With pricing and pre-orders set to be revealed at the event, investor sentiment is already heating up.
The stock (1810.HK) closed at HK$54.85 on June 23, up over 200% year-on-year, and just shy of its 52-week high of HK$59.45. A clean break above HK$60 would mark a new all-time high—and the YU7 launch could be the catalyst. But with the stock already up 58% year-to-date, expectations are high, and any perceived misstep on pricing or delivery timelines could trigger profit-taking.
If the YU7 delivers on specs, pricing, and early demand, Xiaomi could finally punch through that HK$60 ceiling. But it’s a “show me” moment—investors will be watching Thursday’s event closely.
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