[ET Net News Agency, 3 April 2024] HSBC Global Research raised the target price for
Xiaomi (01810) to HKD21.8 from HKD20.2 and maintained the "buy" rating.
The research house said in light of the overwhelming demand on SU7, it now raises SU7
shipment forecast for 2024e/25e by 40%/97% to 70k/118k units, respectively. (RC)