Xiaomi 1810

[behappyalways]

SU7 paint peeled off during delivery, Xiaomi was criticized for refusing to exchange the car and refund the money

SU7運送中就掉漆 小米拒換車退錢挨批｜TVBS新聞 @TVBSNEWS02

https://m.youtube.com/watch?v=318DlAxK4XM

[winston]

Xiaomi Corp (1810 HK)
Stronger Confidence In EV Business After Investor Day And Factory Visit

We attended Xiaomi’s investor day and visited its EV production base in Beijing.

During the event, the company disclosed encouraging developments for the EV business, including: a) robust locked orders of 75,723 units,
b) full-year shipment target of 100,000 units,
c) better-than-expected gross margins of 5-10%, and
d) accelerated production ramp-up.

Maintain BUY and adjust target price to HK$21.00.

Source: UOBKH

https://research.uobkayhian.com/content ... e=hs_email

[winston]

by behappyalways:-

On average, a new car can be produced every 76 seconds! Xiaomi super factory exposed

平均每76秒可產一輛新車! 小米超級工廠曝光｜十點不一樣20240422

https://m.youtube.com/watch?v=W8imX9Nh0Mk

[winston]

not vested

China’s Xiaomi keeps No 3 spot in global smartphone market in first quarter as Samsung tops Apple

Xiaomi smartphone shipments were up 33 per cent for the quarter to 40.7 million units, giving it 14 per cent of the global market

Xiaomi and Shenzhen-based Transsion were the only top-five brands to grow in the quarter, while headwinds for Apple pushed iPhone shipments down 16 per cent

by Kelly Le

Source: SCMP

https://www.scmp.com/tech/big-tech/arti ... pe=section

[winston]

not vested

<Research>Haitong Int'l Hikes XIAOMI-W (01810.HK) TP to $24.2, Forecasts 1Q24 Adj, NP to Surge 71%

Haitong International commented in a report that XIAOMI-W's EV business is gaining visibility, benefiting from strong demand for the SU7 and the market's mid-term forecast for a new SUV model.

The broker expected XIAOMI to ship 100,000 and 200,000 EVs this year and next respectively.

Coupled with resilient margins, a stable smartphone business and a revival of the Internet of Things (IoT) business, Haitong hiked its 2024 and 2025 profit forecasts on XIAOMI by 25% and 26% respectively.

The broker accordingly lifted its target price from $18.6 to $24.2 and maintained its Outperform rating.

Haitong noted that due to the stronger-than-expected smartphone and IoT gross margins, the latter of which attributable to product mix, as well as lower operating expenses under cost control, XIAOMI's adjusted net profit is expected to surge 71% YoY to RMB5.5 billion in 1Q24.

Source: AAStocks Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN