The Xiaomi 12 Ultra appears to be set to launch soon, with a leaked poster seemingly making the rounds on Weibo revealing the phone's launch date. Some other listed features include an in-house ISP, CyperFocus, and Qualcomm's upcoming Snapdragon 8 Gen 1 Plus.
https://www.notebookcheck.net/Xiaomi-12-Ultra-launch-date-potentially-leaks-with-Snapdragon-8-Gen-1-Plus-onboard.619905.0.html
I'm hoping to see it released in Europe later. Same goes for the many other Chinese camera oriented premium smartphones.