Deutsche Bank: Xiaomi group's new orders may start to increase from late May.
The analyst report from Deutsche Bank stated that with Xiaomi Group starting to increase more automobile-related advertisements, and its SUV model YU7 is about to debut, the company's new orders may start to increase from late May. The recent continuous decline in Xiaomi Group's orders has raised concerns among investors about its ability in the automobile business. However, Deutsche Bank stated that since these factors are mostly short-term or temporary, Xiaomi Group's new order flow may start to increase from late May.
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