Bank of America Securities: Maintains "Buy" rating on Xiaomi Group-W (01810.HK), as the pricing of the Pengcheng series of new cars provides support.

According to the Zhiyuan Finance APP, Goldman Sachs released a research report maintaining a "Buy" rating for Xiaomi Group-W (01810.HK) with a target price of HKD 40. Xiaomi has launched its new technology platform, the "Xiaomi Kunlun Technology Architecture," along with the group's first extended-range electric vehicle series, "Pengcheng." Two new models were released simultaneously: the five-seat N70 Max and the seven-seat N90 Max. The biggest highlight of the new vehicles is that the Kunlun technology architecture features a flat, rectangular vehicle floor design with an area of 4.4 square meters, which is extremely rare among SUVs in the same category, offering high flexibility and diverse usage scenarios.