XIAOMI(HK:01810) Ge Long Hui·2025-06-27 04:33Core Viewpoint - The launch of Xiaomi's YU7 SUV has significantly boosted the performance of Xiaomi-related stocks in both A-share and Hong Kong markets, indicating strong market interest and potential growth in the electric vehicle sector [1][9]. Group 1: Stock Performance - Xiaomi-related stocks in A-shares saw substantial gains, with 泓淋电力 rising over 12%, and stocks like 模塑科技 and 宁波华翔 hitting the daily limit [1]. - In the Hong Kong market, Xiaomi Group's stock increased by 4.39%, reaching a total market capitalization of HKD 1.54 trillion [2][3]. Group 2: Product Launch and Market Response - Xiaomi officially launched the YU7 SUV, offering three versions priced between CNY 253,500 and CNY 329,900, which is competitively priced against Tesla's Model Y [3][4]. - The initial market response was overwhelming, with over 289,000 pre-orders within the first hour of launch, exceeding expectations [5][9]. Group 3: Future Outlook and Production Capacity - Analysts from UBS and Citigroup noted that the high demand for YU7 may necessitate an increase in production capacity, with UBS highlighting the potential for existing SU7 orders to be upgraded to YU7 [10]. - The anticipated increase in electric vehicle production aligns with Xiaomi's revised delivery target of 350,000 units by 2025, further supported by the strong order volume for YU7 [9][10]. Group 4: Industry Impact and Partnerships - The success of the YU7 is expected to positively impact the automotive supply chain, with several A-share companies already reporting ongoing collaborations with Xiaomi [11][12][13]. - Companies like 泓淋电力 and 东方中科 have established long-term partnerships with Xiaomi, providing essential components and services for electric vehicles [11][12].