$XIAOMI-W(01810)$ Xiaomi's stock has been on a tear lately. Today, it jumped 5.4% to hit HKD 40, marking a new all-time high and pushing its market cap past HKD 1 trillion. Since October 2022, the stock has skyrocketed nearly 500%.

This surge is no fluke. Their smartphone game is strong, holding the number three spot globally and climbing to second place in China in Q4 2024. Plus, their SU7 electric car, launched last March, has been a runaway success, with first-year deliveries hitting 130,000 units and more orders piling up.

Investors are clearly jazzed about Xiaomi's moves in both the smartphone and EV arenas. If they keep this momentum, the future's looking bright.

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