Xiaomi's new car series "Pongcheng" has seen strong sales, announcing a few days ago that over 70,000 units had been pre-ordered within 30 days of launch. The stock surged nearly 10% last Friday, and since then the market has clearly started to embrace it, with the share price rebounding intermittently over consecutive days. Combined with recent news of the launch of new home appliances such as "Smart Guan Guan 2 Pro", the stock price has been further stimulated, and is now 15% higher than last week's lows.
Currently, the Hang Seng Index stands at 24,118, down 195 points or 0.8%, with main board turnover nearing HK$38.6 billion. The Hang Seng China Enterprises Index is at 8,118, down 64 points or 0.8%. The Hang Seng Tech Index is at 4,092, down 81 points or 2%.
| Stock (Code) | Current Price (HK$) | Change (%) |
|---|---|---|
| Xiaomi (01810) | 27.12 | Up 2.81% |
| Tencent (00700) | 417.60 | Down 1.37% |
| Alibaba (09988) | 107.90 | Down 2.35% |
| BYD (01211) | 72.95 | Up 0.14% |
| Li Auto (02015) | 44.86 | Down 0.97% |
| Xpeng (09868) | 37.46 | Down 3.00% |
| NIO (09866) | 26.56 | Down 3.21% |