Xiaomi - TechWire

Xiaomi

2025.05.02

16:10

Hong Kong stocks closed sharply higher, with the Hang Seng Index up 1.74% and the Hang Seng Tech Index up 3.08%.

Hong Kong stocks closed sharply higher, with the Hang Seng Index closing up 1.74% and the Hang Seng Tech Index closing up 3.08%. Technology and internet stocks rose across the board, with Xiaomi Group up more than 6%, Alibaba up 3.8%, Tencent up 2.56% and Kingsoft Cloud up more than 4%.

12:46

Daiwa Capital Markets: Raised Xiaomi Group's (01810.HK) target price from HK$60.00 to HK$65.00.

12:00

Hong Kong Stocks Midday Review: Hang Seng Index rose 1.69% and Hang Seng Technology Index rose 3.28%

At the close of Hong Kong stocks at noon, the Hang Seng Index rose 1.69% and the Hang Seng Technology Index rose 3.28%. Technology stocks rose across the board, with Horizon Robotics rising nearly 7%, Xiaomi Group and Kingsoft Software rising more than 5%, and Alibaba rising more than 4%.

10:46

Daiwa Capital Markets: Raise Xiaomi Group's (01810.HK) target price to HK$66, first-quarter adjusted profit is expected to hit a new high.

10:23

The Hang Seng Technology Index rose 3%, with Xpeng Motors (09868.HK) rising 5.28% to lead the constituent stocks, Xiaomi Group (01810.HK) rose 4.1%, Alibaba (09988.HK) rose 3.66%, and JD.com (09618.HK) rose 3.28%.

10:06

The Hang Seng Technology Index rose 2% during the day, with constituent stocks Xiaomi Group-W (01810.HK) and Xpeng Motors-W (09868.HK) rising more than 4%, and Horizon Robotics (09660.HK) and Kingsoft Software (03888.HK) rising more than 3%.

09:23

Hong Kong stocks opened, the Hang Seng Index rose 0.33%, the Hang Seng Technology Index rose 0.48%. Xiaomi Group (01810.HK) rose 1.1%, Xpeng Motors (09868.HK) rose 0.82%, and Li Auto (02015.HK) rose 1.26%.

2025.05.01

15:27

New energy vehicle companies released their April "report card", with the highest year-on-year growth exceeding 270%

A number of new car companies announced their delivery figures for April. Among them, NIO delivered 23,900 new cars in April, a year-on-year increase of 53%; Xpeng Motors delivered a total of 35,045 new cars in April, a year-on-year increase of 273%; Li Auto delivered 33,939 new cars in April, a year-on-year increase of 31.6%; Xiaomi Motors delivered more than 28,000 units in April; Leapmotor delivered 41,039 units in April, a year-on-year increase of 173%; Zeekr Technology Group's sales in April increased by 18.7% year-on-year; Avita's sales in April were 11,681 units, a year-on-year increase of 122.6%; and Lantu Auto's sales in April were 10,019 units, a year-on-year increase of 150%.

10:12

Xiaomi Auto: In April, Xiaomi Auto delivered more than 28,000 units; the Xiaomi SU7 Ultra dual-duct front hatch version has begun to be delivered.

10:04

Xiaomi Motors: Xiaomi Motors delivered over 28,000 units in April; Xiaomi SU7 Ultra dual-duct front hatch version has begun to be delivered

Xiaomi Auto: In April, Xiaomi Auto delivered more than 28,000 units; the Xiaomi SU7 Ultra dual-duct front hatch version has begun to be delivered.

2025.04.30

18:24

Xiaomi Motors plans to add 29 new stores in May

On April 30, Xiaomi Auto announced new progress in store openings: 34 new stores were added in April, and there are now 269 stores in 74 cities across the country; 29 new stores are planned to be added in May, and it is expected to cover 8 new cities including Yichang and Wuhu; as of April 30, there are 132 service outlets across the country, covering 79 cities.

17:38

Southbound funds made a large net purchase of 5.637 billion yuan today. In terms of Hong Kong Stock Connect (Shanghai), Prosperity Fund and China Construction Bank received net purchases of HK$1.58 billion and HK$521 million respectively; Alibaba-W ranked first in net sales, with an amount of HK$301 million; in terms of Hong Kong Stock Connect (Shenzhen), Alibaba-W and Xiaomi Group-W received net purchases of HK$551 million and HK$481 million respectively; Industrial and Commercial Bank of China ranked first in net sales, with an amount of HK$358 million.

11:15

The Hang Seng Technology Index rose more than 1%. Among its constituent stocks, Kingsoft Software (03888.HK) rose more than 5% and Xiaomi Group (01810.HK) rose more than 4%.

10:55

Xiaomi's first large inference model is open source with 7B parameters and a scale capability that exceeds OpenAI o1-mini

Today, Xiaomi open-sourced its first large model for reasoning, "Xiaomi MiMo", which links pre-training to post-training to comprehensively improve reasoning capabilities. In the public evaluation sets of mathematical reasoning (AIME 24-25) and code competition (LiveCodeBench v5), MiMo surpassed OpenAI's closed-source reasoning model o1-mini and Ali Qwen's larger open-source reasoning model QwQ-32B-Preview with only 7B parameters.

2025.04.29

10:58

Porsche China says "not considering Xiaomi as a rival" is a misunderstanding

Recently, it was reported that Porsche CEO Oliver Blume said during the 2025 Shanghai Auto Show that "Porsche is considering stopping the sale of electric vehicles in China" and "Porsche does not regard Xiaomi as a rival". On the 29th, Porsche China responded that the above news was a misunderstanding. "Porsche will continue to unswervingly promote the electrification process in China and will also accelerate the provision of local digital solutions for products. Our next pure electric model will be the all-new pure electric Cayenne." Porsche China said that Porsche has been paying close attention to these excellent brands emerging in the Chinese market and will also study their products very seriously.

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