Xiaomi’s triple engines roar: smartphone shipments surge 23% YoY, reclaiming global #3; AIoT hits 789M devices, fueled by MIUI 17’s generative AI (subscriptions +41% QoQ); SU7 EV deliveries hit 28K in Feb (+85% MoM), margins up to 18.3% on battery cost cuts. Technically, broke ¥32 resistance (161.8% Fib), shorts at 3-year low (11.3%), with HSBC’s ¥38 target (30% upside). SU7 EU certification. Valuation rerating as EV/tech synergies unfold. Buy dips below ¥33.5. 🚀
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