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01810 XIAOMI-W
RTNominal up23.000 +0.350 (+1.545%)
Research Report

12/03/2021 10:05

{I-bank focus}Nomura upgrades Xiaomi (01810) to HK$27

[ET Net News Agency, 12 March 2021] Nomura lifted its target price for Xiaomi
Corporation (01810) to HK$27 from HK$23 and upgraded its rating to "buy" from "neutral".
The research house noted that Xiaomi was also included on the US Pentagon list in
January. The component supply constraint may still be a risk to Xiaomi's sales in 2021.
Nomura noted that Xiaomi has captured 15% of China's smartphone market share. As the
share has been the most critical stock price driver, assuming that it maintains this
market share level, Xiaomi's stock may rebound. (KL)

Remark: Real time quote last updated: 17/09/2021 17:59
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