Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges 
EssilorLuxottica Bets on AI-Powered Smart Glasses as Competition Intensifies 
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
FDA Says No Black Box Warning Planned for COVID-19 Vaccines Despite Safety Debate 
Australia Enforces World-First Social Media Age Limit as Global Regulation Looms 
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
U.S. Greenlights Nvidia H200 Chip Exports to China With 25% Fee 
China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs 
Australia’s Under-16 Social Media Ban Sparks Global Debate and Early Challenges 
FAA Unveils Flight Plan 2026 to Strengthen Aviation Safety and Workforce Development 
Trump Signs Executive Order to Establish National AI Regulation Standard 
Morgan Stanley (NYSE:MS) has boosted its price target for Xiaomi (OTC:XIACF) Corp (HK:1810) to HK$45 from HK$35, maintaining an “Overweight” rating, citing strong growth in electric vehicles (EVs) and AIoT.
Analysts highlighted Xiaomi’s EV division as a key driver, reporting 135,000 deliveries in 2024, exceeding expectations. Demand for its SU7 model remains strong, with delivery wait times surpassing 20 weeks. Morgan Stanley has revised its 2025 EV shipment forecast to 310,000 units, up from 260,000. Analysts expressed confidence in Xiaomi’s execution and expect its upcoming SUV model to succeed in 2025.
Beyond EVs, Xiaomi’s AIoT and smartphone businesses continue to thrive. Morgan Stanley noted strong revenue momentum in home appliances, tablets, and wearables, following the company’s success in air conditioners, washing machines, and refrigerators. Analysts see potential for premium smartphone growth, with improving margins due to higher average selling prices (ASPs) and lower component costs.
Morgan Stanley reaffirmed Xiaomi as its top Greater China technology hardware pick, expecting continued gains from EV expansion and AIoT innovation.
