Morgan Stanley released a research report sayingbestiosgamestoearncrypto, maintain Xiaomi Group-W (01810)"overweight" rating with a target price of HK$20. Xiaomi Chairman Lei Jun said that the SU7 has only been launched for 28 days, and shipments have reached 5781 units.
The report stated that as of April 24, confirmationbestiosgamestoearncryptoNew orders for the company have exceeded 75723 units, up from 70000 units on April 20, which means that despite the long waiting time for delivery, new orders are gaining momentum. After visiting Xiaomi's electric vehicle factory in Beijing, Morgan Stanley said that the Xiaomi factory is highly automated and has advanced production equipment and production operation systems. The bank believes that this is an important factor supporting the good quality of the SU7 and the rapid increase in production capacity.
