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22682 HSXIAMI@EC2412A (CALL)
RT Nominal unchange0.840 0.000 (0.000%)

07/10/2024 15:50

{I-bank focus}BOCI raises Xiaomi (01810) to HKD35

[ET Net News Agency, 7 October 2024] BOCI raised the target price for Xiaomi (01810) to
HKD35 from HKD25.8 and maintained the "buy" rating.
The research house said in the mid term, as Xiaomi accelerates the transformation of
smartphone and IoT into self-R&D and self-manufacturing inspired by its EV success, the
research house is more confident that Xiaomi will evolve into a global high-end consumer
electronic and EV brand, sustaining a further re-rate. (rc)

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