Xiaomi Group-W (01810.HK) opened high today by 0.58% and gradually expanded its gains. It rose to 18.36 yuan in the afternoon and is now reported at 18.32 yuan, an increase of 5.41% with a turnover of 87.6321 million shares, involving 1.571 billion yuan in capital.

During the 618 period, the cumulative payment amount of Xiaomi's all-channel sales exceeded 26.3 billion yuan, breaking the record for Xiaomi's annual major promotion. Goldman Sachs pointed out that among domestic smart phone brands during this year's 618, Xiaomi has performed the best. In addition, it is confident in the delivery acceleration of Xiaomi's electric car SU7 and the potential expansion of the second phase factory, with a target price of 23 yuan and a rating of "buy".