Xiaomi Stock Hits Record High: Increase in Shipment Forecasts
Xiaomi’s stocks reached a historic peak in Hong Kong, showing a 12% increase. The company attracted investors’ attention with the announcement of two new products, the premium SU7 Ultra electric vehicle and the 15 Ultra smart phone, set to be released by the end of the month. Moreover, the growing demand for existing Xiaomi smartphones under China’s national consumer stimulus program has accelerated the company’s growth momentum. HSBC analyst Frank He raised the shipment forecasts for smartphones in 2025 and 2026 by 2% and 3%, respectively.
Xiaomi’s stocks soared to a historic high in Hong Kong due to new product launches and benefits from China’s national stimulus program.
This week, Xiaomi’s stocks, rising by 12%, gained momentum after the company announced the launch of two new products, the premium SU7 Ultra electric vehicle and the 15 Ultra smart phone by the end of the month.
Furthermore, the demand for current Xiaomi smartphones under China’s stimulus program has also increased. SHIPMENT FORECASTS INCREASE
HSBC Holdings Plc analyst Frank He raised Xiaomi’s smartphone shipment forecasts by 2% for 2025 and 3% for 2026.
China including wearable devices in its stimulus program is highlighted as another factor supporting Xiaomi’s short-term growth.
DEEPSEEK IMPACT Additionally, the analyst noted that Xiaomi could benefit from rapid declines in artificial intelligence costs.
The release of the DeepSeek R-1 artificial intelligence model was one of the key factors triggering this decline.
CHINESE TECHNOLOGY STOCKS ON THE RISE
Chinese technology stocks have seen an increase in investor interest in internet companies following the release of DeepSeek, approaching a bull market. Xiaomi stocks showed a performance exceeding expectations, with an increase of over 120% in 2024. In particular, after entering the electric vehicle (EV) market in China, it gained significant momentum, surpassing global competitors like BYD Co. and XPeng Inc. This growth is expected to continue in 2025. HSBC anticipates that Xiaomi’s delivery volumes will increase alongside the expansion of factory capacity.
