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23070 BP-HSI @EC2411A (CALL)
RT Nominal unchange0.680 0.000 (0.000%)

04/11/2024 15:00

{I-bank focus}Nomura raises Xiaomi (01810) to HKD34

[ET Net News Agency, 4 November 2024] Nomura raised the target price for Xiaomi (01810)
to HKD34 from HKD22 and maintained the "buy" rating.
The research house said it mainly changes EV market share assumption from ~3% in 2025F
to ~15% in the long-term beyond 2027F. (rc)

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