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25004 MBXIAMI@EC2504A (CALL)
RT Nominal down0.600 -0.030 (-4.762%)

22/02/2024 15:50

{I-bank focus}HSBC lowers Xiaomi (01810) to HKD19.7

[ET Net News Agency, 22 February 2024] HSBC Global Research lowered the target price
for Xiaomi (01810) to HKD19.7 from HKD21.4 and maintained the "buy" rating.
The research house said it believes loyal Mi fans and consumers looking for a
high-performance driving experience could be the target customers for the SU7. It
maintains the EV shipment forecasts (base case) for Xiaomi at 50k units in 2024 and 110k
units in 2025. (RC)

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