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01810 XIAOMI-W
RTNominal up19.440 +0.140 (+0.725%)
Research Report

21/11/2023 14:07

{I-bank focus}Citi raises Xiaomi (01810) to HKD19.6

[ET Net News Agency, 21 November 2023] Citi raised its target price for Xiaomi (01810)
to HKD19.6 from HKD17.1 and maintained its "buy" rating.
The research house said it raises 2023E EPS by 10% to factor in better GM, but cuts
2024/25E by 4%/17% to incorporate EV business. It now forecasts 58.7k/125.5k units of EV
shipment in 2024/25E, with revenue contribution of 4%/8%, respectively. (RC)

Remark: Real time quote last updated: 22/05/2024 17:59
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