Xiaomi is trading 4% up at HK$30.44 as investors position ahead of the July 30 launch of its Sky Nomad N90 Max and N70 Max hybrid SUVs.
- The company has established an ambitious target of 550,000 vehicle deliveries by 2026 as it continues to expand its EV portfolio.
- Xiaomi's gains come despite broader tech sector weakness tied to a global semiconductor sell-off, signaling strong company-specific optimism.