BYD and Xiaomi shares jump on strong June EV delivery figures
By
Justina Lee
Summary
Shares of Chinese EV makers BYD and Xiaomi surged in Hong Kong trading after June delivery data boosted investor sentiment. BYD gained ~9% and Xiaomi climbed ~5%. Xiaomi reported its third consecutive month of over 30,000 deliveries, with H1 2025 shipments totaling over 180,000 units (~33% of its 2026 target of 550,000). Citi analysts noted Xiaomi's shares could rebound in August with the launch of its YU9 luxury SUV.
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Key quotes
· 3 pulledXiaomi reported its third consecutive month of having over 30,000 deliveries in June.
The company's shipments from January to June totaled over 180,000 units, representing about 33% of its 2026 delivery target of 550,000 units, according to Citi.
Citi said Xiaomi's shares could rebound in August with the launch of its YU9 luxury sport utility vehicle.
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