Xiaomi's EV Delivery Outlook for June Likely Positive -- Market Talk

Dow Jones

2025/06/03

0257 GMT - Xiaomi's EV delivery outlook for June is positive despite flat May sales, Deutsche Bank Research analyst Bin Wang says in commentary. The bank estimates Xiaomi will book deliveries of 30,000 units in June, thanks to improving production capability and seasonal factors. Xiaomi's May EV sales were flat on month, while new order flow dropped 36% on month, Deutsche Bank says, citing public data and its checks with dealers. The decline in new orders for May could be partly due to some potential car buyers waiting for an upcoming model launch. The analyst keeps a buy rating on Xiaomi with a target price of HK$75.00. Shares are last at HK$52.45.(tracy.qu@wsj.com)

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June 02, 2025 22:57 ET (02:57 GMT)

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The bank estimates Xiaomi will book deliveries of 30,000 units in June, thanks to improving production capability and seasonal factors. Xiaomi's May EV sales were flat on month, while new order flow dropped 36% on month, Deutsche Bank says, citing public data and its checks with dealers. The decline in new orders for May could be partly due to some potential car buyers waiting for an upcoming model launch. The analyst keeps a buy rating on Xiaomi with a target price of HK$75.00. 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The bank estimates Xiaomi will book deliveries of 30,000 units in June, thanks to improving production capability and seasonal factors. Xiaomi's May EV sales were flat on month, while new order flow dropped 36% on month, Deutsche Bank says, citing public data and its checks with dealers. The decline in new orders for May could be partly due to some potential car buyers waiting for an upcoming model launch. The analyst keeps a buy rating on Xiaomi with a target price of HK$75.00. Shares are last at HK$52.45.(tracy.qu@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 02, 2025 22:57 ET (02:57 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0314109678.HKD","symbol_name":"MANULIFE GF DRAGON GROWTH \"AA\" (HKD) INC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2540436507","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2540436507","pubTimestamp":1748919420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0257 GMT - Xiaomi's EV delivery outlook for June is positive despite flat May sales, Deutsche Bank Research analyst Bin Wang says in commentary. The bank estimates Xiaomi will book deliveries of 30,000 units in June, thanks to improving production capability and seasonal factors. Xiaomi's May EV sales were flat on month, while new order flow dropped 36% on month, Deutsche Bank says, citing public data and its checks with dealers. The decline in new orders for May could be partly due to some potential car buyers waiting for an upcoming model launch. The analyst keeps a buy rating on Xiaomi with a target price of HK$75.00. 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The bank estimates Xiaomi will book deliveries of 30,000 units in June, thanks to improving production capability and seasonal factors. Xiaomi's May EV sales were flat on month, while new order flow dropped 36% on month, Deutsche Bank says, citing public data and its checks with dealers. The decline in new orders for May could be partly due to some potential car buyers waiting for an upcoming model launch. The analyst keeps a buy rating on Xiaomi with a target price of HK$75.00. Shares are last at HK$52.45.(tracy.qu@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 02, 2025 22:57 ET (02:57 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}