News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
Lu Weibing: Xiaomi Auto Expected to Start Going Overseas in 2027, to Try to Improve Profitability of Auto Biz
In the earnings conference call, Lu Weibing, President of XIAOMI-W (01810.HK), said that Xiaomi SU7 Ultra's user base is predominantly 30 to 35 years old, with over 80% of trad...
Reset
Send
The window will close in 5 seconds
Lu Weibing: Xiaomi Auto Expected to Start Going Overseas in 2027, to Try to Improve Profitability of Auto Biz
Close
Recommend
14
Positive
32
Negative
13
 
SHORT SELL
 
STOCK INFO

In the earnings conference call, Lu Weibing, President of XIAOMI-W (01810.HK)  +0.700 (+1.214%)    Short selling $2.29B; Ratio 15.503%   , said that Xiaomi SU7 Ultra's user base is predominantly 30 to 35 years old, with over 80% of traditional luxury car replacement users, according to Chinese media.

Xiaomi Auto is working with its supplier partners to find ways to increase production capacity as soon as possible under the premise of guaranteeing quality and safety.

Related NewsUBS: Stocks with EU Exposure May Catch Up after Lagging Behind, Incl. XIAOMI-W
YU7 will be released on schedule as promised, and Xiaomi Auto is preparing to go overseas, which is expected to be started in 2027, Lu added.

XIAOMI-W currently does not have a very clear internal profitability timetable requirement for the auto business, but it will work to improve the profitability of the business.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-03-18 16:25.)

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.