After the strongest financial report in history, Xiaomi and XPeng both opened lower

Wallstreetcn
2025.03.19 01:26
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XPeng opened down 5.4%, and Xiaomi Corporation fell 1.1%. Xiaomi's net profit in 2024 increased by 41.3% year-on-year, reaching a historical high, with a Q4 automotive business gross margin of 20.4% and a target delivery of 350,000 units. XPeng's Q4 revenue grew by 23.4% year-on-year, with a gross margin rising to 14.4%. The market carries risks, and investment should be cautious