Key Highlights
- Shares of Xiaomi traded in Hong Kong advanced more than 5% during Thursday’s session
- MiMo-V2-Pro and additional AI models were unveiled, targeting agent-based computing applications
- Lei Jun, the company’s CEO, revealed plans to allocate a minimum of $8.7 billion toward AI initiatives through 2028
- AI research spending for 2026 is projected to exceed $2.3 billion
- An enhanced SU7 electric vehicle model featuring up to 900km driving range will debut soon
Shares of Xiaomi surged past the 5% mark on Thursday following the company’s announcement of several advanced AI models and the preview of an upgraded SU7 electric vehicle. The rally represents a recovery after recent declines driven by investor concerns about rising memory component costs affecting profitability.
Thursday’s upward movement stemmed from two major developments: significant AI product releases and electric vehicle updates.
Regarding artificial intelligence, Xiaomi introduced MiMo-V2-Pro, a proprietary model engineered for agentic AI use cases — systems capable of executing tasks autonomously rather than simply providing responses. The company also initiated testing earlier this month for “miclaw,” an AI agent optimized for mobile platforms.
CEO Lei Jun disclosed that Xiaomi intends to allocate more than $2.3 billion exclusively to AI research throughout 2025.
This expenditure forms one component of a substantially larger strategic initiative. Lei Jun announced Thursday that Xiaomi will dedicate at least 60 billion yuan — approximately $8.7 billion — to artificial intelligence development spanning the upcoming three years. This commitment positions the electronics giant among major technology corporations competing in the agentic AI development arena.
Upgraded SU7 Model Generates Additional Momentum
The secondary catalyst behind Thursday’s stock performance involved updates to Xiaomi’s SU7 electric vehicle lineup. A redesigned version of the mainstream EV model is scheduled for imminent release, featuring impressive technical specifications.
The enhanced SU7 variant reportedly delivers a maximum driving range approaching 900 km according to China’s CLTC testing protocol. Additional features include sophisticated driver-assistance technology and LiDAR sensors — representing meaningful improvements over the existing model.
The SU7 has served as a cornerstone of Xiaomi’s expansion into the electric vehicle sector, with the refreshed model arriving amid intense competition within China’s EV marketplace.
Market Performance Analysis
Xiaomi’s shares had experienced downward pressure throughout recent trading sessions. Market participants expressed concerns that escalating memory chip costs could compress profit margins across the company’s hardware divisions, especially smartphones.
Thursday’s 5% appreciation indicates positive market reception to both the artificial intelligence and electric vehicle announcements.
The MiMo-V2-Pro launch positions Xiaomi among an expanding roster of Chinese technology firms developing proprietary AI models. The emphasis on agent-based artificial intelligence aligns with broader industry trends — creating systems designed to complete tasks independently beyond simple query responses.
Xiaomi’s equity trades on the Hong Kong exchange under ticker symbol 1810.HK, with over-the-counter availability in US markets as XIACF.
Through Thursday’s close, the $8.7 billion AI investment commitment spanning three years represents Xiaomi’s most substantial public pledge in this technology sector.
