Citi maintains a 'Buy' rating on XIAOMI-W due to strong EV delivery performance, with over 30,000 units delivered in June 2026 and cumulative shipments exceeding 180,000 units for the first half of the year. The delivery cycle for the new SU7 model has improved, and there are positive expectations for the stock price rebound in August, supported by the upcoming launch of the YU9 and potential positive impacts from the memory chip market.
