HK Stock Market Move | Xiaomi-W(01810) surged more than 5%, the new generation SU7 is expected to be released in April.

Xiaomi-W (01810) rose more than 5%, as of the deadline, it rose 5.06% to 37.38 Hong Kong dollars, with a turnover of 31.07 billion Hong Kong dollars. On the news front, on the evening of February 10, Xiaomi Group founder, chairman, and CEO Lei Jun held a live stream on the eve of the Chinese New Year inside the Xiaomi car factory in Beijing Yizhuang. According to Lei Jun, the last SU7 of the first generation of Xiaomi has already been produced and is on its way for transport. This also means that the first generation of Xiaomi SU7 has completely stopped production. In addition, Lei Jun introduced that the new generation SU7 will gradually enter stores starting from February 13, with the first batch on display in stores in Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou, Chengdu, Wuhan, and other cities. Lei Jun stated that current sales are benefiting from the thickness of order reserves and market recognition, as SU7 is in the transition phase between old and new models. The main delivery model for this month is YU7, and the new generation SU7 will be released in April, with a target of overall sales of 550,000 vehicles in 2026. In 2025, Xiaomi's deliveries exceeded 410,000 vehicles. It is worth mentioning that Xiaomi delivered over 39,000 vehicles in January, becoming the sales leader among new carmakers in January 2026.