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<Research>BOCI: Rating Kept at Buy on XIAOMI-W (01810.HK); 3rd Model Expected to Be Hot Product Next Yr
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XIAOMI-W (01810.HK)'s stock price fluctuated this week, mainly influenced by several news developments and market rumors, including events such as the fatal SU7 Ultra car accident in Chengdu, road test of its third model in Xinjiang and the readiness of the second phase factory in Beijing, BOCI released a research report saying. Therefore, the broker kept rating at Buy on the stock.

XIAOMI-W's third model is a large six-seater SUV, with a length of over 5 meters, which is expected to be priced between RMB200,000 and RMB300,000, making it more suitable for family travel needs, BOCI noted. It is also believed to become another hot product next year.

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