July 29 news,$XIAOMI-W (01810.HK)$Extended gains by more than 9% in the afternoon session, closing at HK$31.9, with a trading volume of HK$12.364 billion.
On the news front, Xiaomi’s Pengcheng series technology launch event is scheduled for 7:00 p.m. on July 30. According to reports, this will be Xiaomi Automobile’s second technology launch event, focusing on showcasing the latest advancements in Xiaomi’s vehicle manufacturing technologies. The Xiaomi Pengcheng N90 and N70 SUV models will make their official debut at the event. Additionally, Xiaomi has recently achieved several milestones in robotics, including improved operational success rates of its humanoid robots in self-developed factories and the commencement of new logistics tasks; the launch of a unified generative model with 38 billion parameters, “Xiaomi-Robotics-U0,” to address the scarcity of real-world data; and the release of its embodied intelligence large model, “Xiaomi-Robotics-1.”
Goldman Sachs believes that embodied intelligence, as one of the three key monetization pathways in Xiaomi’s AI strategy, will see Xiaomi Robotics focus over the next three to five years on more structured B2B commercial scenarios—such as large-scale deployment of humanoid robots within Xiaomi’s own facilities (including those for smart EVs, smartphones, and home appliances) and those of its partners. Furthermore, Xiaomi’s EV business is growing faster than peers, and the upcoming launch of the SkyNomad new models is expected to enhance sales visibility for fiscal year 2027, leaving room for further upside in the EV segment’s valuation.
Editor/melody