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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 10:48:21 CICC highlighted in a report that XIAOMI-W (01810.HK) held an investor day on 23 April, where the management shared with investors the company's recent development and outlook around the four main business segments, namely Xiaomi automobile, mobile phone, IoT and internet. The broker pointed out that the SU7 model has a lock-in volume of over 70,000 cars, and is optimistic about its "Human-Car-Family Ecology" strategy. The broker maintained its original earnings forecast for XIAOMI, with the current price of the stock trading at 13.54x and 13.47x the P/E of its core business (excluding car manufacturing) adjusted net profit in 2024 and 2025 respectively. CICC also kept XIAOMI's Outperform rating and target price of $18, corresponding to 2024 and 2025 core business adjusted net profit P/E of 14.63x and 14.55x respectively. ~ AAStocks Financial News Web Site: www.aastocks.com | |