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| HSI1 | 23,654.03 | +141.54 | 212.69B |
| HSCEI1 | 8,576.75 | +56.89 | 84.72B |
| Back Zoom + Zoom - Block Traded | |
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2025-06-02 11:41:35 CCBI's research report covered XIAOMI-W (01810.HK)'s 1Q25 results beat, with revenue leaping 47% YoY, on the back of the growth across various segments, particularly the IoT. Looking ahead, the broker expected smartphone shipments to climb by 5% and 8% in 2025 and 2026, respectively, while IoT business growth was projected at 30% and 20%, and internet services were estimated to grow by 7% and 6%. Regarding EVs, the broker anticipated shipments of 350,000 and 440,000 units in 2025 and 2026. XIAOMI-W will be a key beneficiary of government subsidies for smartphones and electronic products, with strong gross margins expected due to increased penetration of high-end products. Earnings forecasts for 2025/ 2026/ 2027 were revised up by 8%/ 5%/ 9%, with the target price raised from HK$65 to HK$67, and an Outperform rating kept. ~ AASTOCKS Financial News<br>Website: www.aastocks.com | |