XIAOMI(HK:01810) 新浪财经·2025-06-28 00:49Group 1: US-China Trade Framework - The US and China have confirmed details of the London Framework, with China agreeing to approve eligible export applications and the US planning to lift a series of restrictive measures against China [2][4] - This development is seen as a significant step in clearing a key obstacle in US-China trade tensions, although the path to a final trade agreement remains long and complex [4] Group 2: Xiaomi's Market Performance - Xiaomi's stock price surged to a historical high of HKD 61, with a market capitalization reaching HKD 1.55 trillion following a successful product launch [5] - The company's revenue for Q1 2025 increased by 47% year-on-year to CNY 111.3 billion, marking its best financial performance to date, with automotive business gross margin rising to 23.2% [5] - Pre-sale data for the YU7 model exceeded expectations, with 289,000 orders generating a cash flow of CNY 1.445 billion, and potential revenue estimated at CNY 73 billion, equivalent to 65% of a quarter's revenue [7] - Analysts predict that Xiaomi's automotive sales could double next year, with the YU7 expected to outperform the SU7 model, potentially achieving monthly sales of 30,000 to 40,000 units [7] Group 3: Stock Market Regulations - The Shanghai Stock Exchange proposed to adjust the price fluctuation limit for risk warning stocks from 5% to 10%, aligning it with other main board stocks [11][13] - This adjustment aims to enhance pricing efficiency and maintain market order, while also protecting investors' rights [12][13]