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| HSI1 | 18,475.92 | +268.79 | 116.19B |
| HSCEI1 | 6,547.29 | +110.20 | 55.14B |
| Back Zoom + Zoom - Block Traded | |
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2024-04-25 10:41:04 BOCI attended XIAOMI-W (01810.HK)'s 2024 Investor Day on 23-24 April, BOCI issued a research report saying. Highlights of the day included a beating auto business guidance from the Company and subsequent development blueprint for the Company shared by various business units. Chairman Lei Jun announced that, as of 20 April, the number of locked orders for Xiaomi SU7 has reached 70,000, and continued to increase rapidly. BOCI raised its 2024-2026 auto gross profit margin forecasts for XIAOMI-W to 8.8%/ 13.3%/ 15.3% each, benefiting from significant economies of scale. BOCI added its target price on XIAOMI-W to $22.66 from $22.55, based on SOTP combining traditional and EV business. BOCI also reiterated the stock as its sector top pick, with rating at Buy. ~ AAStocks Financial News Web Site: www.aastocks.com | |