After the Avita wind resistance incident, insiders said that public testing will be conducted.

Sina Technology reported on May 7 that the Avita 12 model has recently garnered attention in the Industry due to controversy over its drag coefficient. The incident originated from a testing video released by the auto blogger 'Zurich Beier Ye,' who claimed that he personally funded the test in the Tianjin China Automotive Technology and Research Center wind tunnel laboratory, measuring the model's drag coefficient at 0.28Cd, which shows a significant 33% difference from the official advertised 0.21Cd. On May 6, 'Zurich Beier Ye' released another video responding that the choice of test car was based on votes from netizens among his two cars; and that the Xiaomi SU7 Ultra had not been released at the time of testing; all operations during the test were conducted in Tianjin.

Sina Technology47minutes ago

Direct coverage of the Earnings Conference for the Siasun Robot&Automation Industry: The localization rate of the supply chain is accelerating, while the industrial sector still faces fierce competition.

① Many companies participating in the performance briefing stated that currently, the core or most supply chain links have been localized, while a small number of links that require imports are actively planning localization solutions; ② From the perspective of the overall Siasun Robot&Automation Industry, the competition in the industrial robot industry is fierce, and in 2024, a situation of "growth in quantity without growth in revenue, and growth in revenue without growth in profit" may occur.

cls.cn20:59 ET

[Brokerage Focus] BOCOM INTL initially rated Xiaomi Group (01810) as Buy, expects Smart Automobile Business to turn profitable this year.

Kingwo Financial News | BOCOM INTL Research Reports indicate that Xiaomi Group (01810), as a core symbol in China's Technology Industry and a pioneer in independent innovation and domestic substitution, has a relatively small direct exposure to trade uncertainties. The organization believes that Xiaomi's previous placement is beneficial for expanding its core Business, which will be bullish for the company's stock price in the long term. The recent stock price correction may provide a Buy opportunity. Surrounding the "Human, Vehicle, Family all Ecosystem" Global Strategy, the company's Business presents four major highlights: 1) Continuous breakthroughs in high-end Smart Phones, with a vast overseas market space; 2) Xiaomi Autos are precisely creating hit products, with a focus on subsequent production capacity; 3) Actively increasing investment in large home appliances, expanding AIoT offline.

Jinwu Finance News20:50 ET

CITIC International: Maintains XIAOMI-W "Outperform Market" rating and holds the Target Price at 65 Hong Kong dollars.

Jianyin International released a Research Report stating that XIAOMI-W (01810) is expected to exceed market expectations in its first-quarter performance, with revenue projected to grow by 43% year-on-year to 108.2 billion yuan. Among this, Smart Phone, Internet of Things, and Internet service revenues are expected to increase by 7%, 51%, and 12% respectively, while the revenue from the electric vehicle Business may reach 18.2 billion yuan (primarily driven by strong orders for the SU7 standard version/Ultra). The Target Price for Xiaomi is maintained at 65 HKD with an "Outperform" rating. The first-quarter non-IFRS adjusted Net income is expected to grow by 40% year-on-year to 9.1 billion yuan (including a net loss of approximately 0.106 billion yuan from Smart electric vehicles and new Businesses).

Sina Hong Kong Stock.May 6 06:29 ET

Jefferies Adjusts Xiaomi's Price Target to HK$69.50 From HK$63.25, Keeps at Buy

MT NewswiresMay 6 05:50 ET · Ratings

Futu Securities: Raised the Target Price of XIAOMI-W (01810) to HKD 69.5, with AIoT bringing more potential for profit upside.

The firm pointed out that although the market mainly focuses on Xiaomi's electric vehicle business, it believes that the group's Internet of Things (AIoT) is another undervalued business that has the potential to bring positive surprises for short-term profits.

Zhitong FinanceMay 6 05:14 ET

Market Chatter: Xiaomi Renames Smart Driving Feature In Line With Regulations

MT NewswiresMay 6 05:03 ET

[Brokerage Focus] Jianyin International maintains Xiaomi (01810) a "Outperform Market" rating, expects its first quarter performance to exceed market expectations.

Jinwu Financial News | Jianyin International Research Reports indicate that Xiaomi (01810) is expected to exceed current market consensus expectations for its performance in the first quarter of 2025 (1Q25F), with revenue projected to grow by 43% year-on-year, reaching 108.2 billion yuan (roughly flat quarter-on-quarter), primarily driven by growth across various Business sectors, particularly in IoT products. By Sector, the bank estimates that the revenue of Smart Phones / IoT / Internet services will grow by 7% / 51% / 12% year-on-year in 1Q25F, driven by factors including increased Smart Phone shipments and average selling prices (ASP); household appliances, wearable devices, and tablet products.

Jinwu Financial NewsMay 6 02:09 ET

[Brokerage Focus] CMB International holds a conservative view on Apple's outlook for the second half of the year, indicating that potential iPhone sales might decline.

Jinwu Financial News | CCB International stated that Apple Inc. (AAPL, not rated) announced its FY2Q25 (CY1Q25) performance and provided a framework for the impact of tariffs in the next quarter. Overall, due to the sales growth of iPhone/iPad/Mac (up 2%/15%/7% year-on-year) and improvement in the GPM of its services Business, which offset the weakness in sales in China (down 2% year-on-year) and wearables (down 5% year-on-year), the revenue for the second quarter was $95.4 billion (up 5% year-on-year), with an EPS of $1.65 (up 8% year-on-year), which was largely in line with market expectations.

Jinwu Financial NewsMay 6 01:43 ET

Xiaomi EV's Business Likely Faced Pressure From Recent Accident -- Market Talk

WSJMay 6 00:12 ET

Xiaomi Target Price Raised to HK$74.00 From HK$71.50 by Deutsche Bank >1810.HK

Dow JonesMay 5 23:40 ET · Ratings

Major firm rating | BOC International: raises the Target Price of Xiaomi to HKD 75.25 and reaffirms it as the top choice in the Industry.

BOCI published a report indicating that Xiaomi's adjusted Net income for the first quarter of 2025 is expected to reach 9.704 billion yuan, a year-on-year increase of 49.7%, setting a new record and far exceeding market expectations. This is mainly due to the hot sales of the Xiaomi 15, 15 Ultra, and large appliances, consumer subsidies, the launch of the SU7 Ultra, accelerated delivery of electric vehicles, and good operational cost control. The next key catalyst is the YU7 SUV, which is expected to debut in June or July and immediately start deliveries. Xiaomi's Autos Peking Phase II factory is ready with sufficient capacity. The bank currently expects electric vehicles for 2025 and 2026.

Gelonghui FinanceMay 5 22:30 ET

Nomura: First recommendation for Kingsoft Cloud (03896) with a "Buy" rating and a Target Price of 9.2 Hong Kong dollars.

Nomura believes that Kingsoft Cloud will perform excellently in the China Cloud Computing market in 2025, achieving a 20% year-on-year revenue growth.

Zhitong FinanceMay 5 22:04 ET

After ongoing fluctuations, the market may be nearing a directional choice, with the AI, Siasun Robot&Automation, and other Technology growth sectors likely to rebound.

Looking back at the market situation before the festival, the market has been in a state of fluctuating consolidation, and the atmosphere of market observation remains quite strong.

cls.cnMay 5 21:24 ET

【Special Contributor】Deng Shengxing: Investors continue to be affected by the uncertainties of the trade war, and Hong Kong stocks remain weak.

Goldman Financial News | The Hang Seng Index was closed all day on Monday (5th) for the Buddha's Birthday holiday. The Hang Seng Index closed at 22,504 on Friday (2nd), up 385 points or 1.7%. The overall market had a turnover of 133.7 billion yuan for the day. The National Index rose by 154 points or 1.9%, closing at 8,231. The Technology Index increased by 156 points or 3.1%, closing at 5,244. Xiaomi (01810) had its Target Price raised by several Brokerages, closing up 6.3%. WUXI APPTEC (02359) rose by 7.1%, making it the best-performing blue chip. Nine blue chips fell, with SINOPHARM (01099) declining by 2.1%, the worst performer. The Dow Jones closed at

Kinwo Financial NewsMay 5 21:10 ET

The Siasun Robot&Automation industry is experiencing a rise with a noticeable increase in entrants, and the Sector is expected to continue to be in the spotlight.

① According to Statistics from the new strategy humanoid robot research institute, as of December 2024, the number of Global humanoid robot Ontology companies has surpassed 220. Among them, companies from China account for half, exceeding 110. ② Shanghai Securities stated that the Industry Chain for humanoid robots has entered a phase of "a hundred flowers bloom, a hundred schools of thought contend," and the commercialization of humanoid robots is promising. It is recommended to pay attention to domestic component manufacturers that will benefit.

cls.cnMay 5 20:05 ET

China Merchants: The A-share market in May may present a pattern of "weight index recovery and active technology growth."

China Merchants stated that looking ahead to May, the market may present a pattern of "weight index rebound and active Technology growth."

Zhitong FinanceMay 5 09:32 ET

The term "smart driving" is no longer popular! Xiaomi has changed its name, and multiple car companies have adjusted their stance.

① The promotion of intelligent driving has shifted from active messaging to passive responses, with features like urban NOA no longer being emphasized; ② Most brands are introducing expressions such as "driving responsibility" and "subscription mechanism," uniformly emphasizing the attributes of Level 2; ③ Companies' statements are aligning with industry initiatives, and the promotion of assisted driving is entering a cautious compliance stage.

cls.cnMay 5 03:17 ET

Market Chatter: Xiaomi's EV Sales Exceed 28,000 in April

MT NewswiresMay 2 07:15 ET

Trending Stocks Today: XIAOMI-W Climbs 6%

Moomoo NewsMay 2 03:55 ET