XIAOMI(HK:01810) Ge Long Hui·2025-09-26 01:25Core Viewpoint - Morgan Stanley believes that the Xiaomi 17 series will see strong sales due to its quality and high cost-performance ratio, which will help accelerate Xiaomi's market share growth in the high-end smartphone sector [1] Group 1: Smartphone Business - Analysts, including Andy Meng, indicate that Xiaomi's strong sales in the Xiaomi 17 series will enhance its position in the high-end smartphone market [1] - The report emphasizes the importance of quality and cost-effectiveness in driving sales for the Xiaomi 17 series [1] Group 2: Electric Vehicle Business - Xiaomi has initiated a dedicated customization service in its electric vehicle business, which is expected to become a core competitive advantage [1] - Although the initial monthly production is only 40 vehicles, there is confidence that this service will scale as the utilization rate of the new electric vehicle factory increases [1] - The customization model is anticipated to be extended to most vehicle models, aiding Xiaomi in maintaining a steady flow of new orders [1] Group 3: Investment Rating - The report maintains an overweight rating for Xiaomi, reflecting confidence in its growth prospects in both the smartphone and electric vehicle sectors [1]