20 Mar 2026 | 3 Mins Read
Xiaomi shares drop on margin fears amid EV expansion
Flipitmoney
Xiaomi's shares dropped 8.6% in Hong Kong on Friday, with concerns about margin pressure due to the refreshed SU7 sedan's small price increase. Despite upgrades costing 20,000 yuan more, the new price only rose 4,000 yuan. Analysts warn of rising costs affecting the EV sector, including batteries, lithium, and memory chips.