---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42605697.md"
description: "$SERES(09927.HK) Damn, friends who bought at those high prices, do you still have any illusions that it can rise? When Xiaomi's yu9 comes out, it will be even more miserable."
datetime: "2026-07-13T03:03:21.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42605697.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42605697.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42605697.md)
author: "[动了凡心](https://longbridge.com/en/profiles/17891322.md)"
---

# $SERES(09927.HK) Damn, friends who bought at those…


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## Comments (4)

- **遵守纪律 · 2026-07-13T03:55:22.000Z · 👍 1**: Seres' financial report will put pressure on Xiaomi, not because of its poor sales, but because upstream cost erosion is too severe. Xiaomi certainly cannot remain unaffected by this issue either.
  - **烈日** (2026-07-13T04:04:50.000Z): Has Xiaomi's upstream costs also been eroded by Huawei?
  - **逸范** (2026-07-13T06:14:37.000Z): Does Xiaomi also have to pay protection money to Huawei?
  - **动了凡心** (2026-07-13T06:43:29.000Z): That is to say, Xiaomi doesn't need to pay protection fees. Given Xiaomi's massive scale, it's impossible for upstream suppliers to raise prices arbitrarily. Even if they do raise prices, it won't be