Xiaomi 1810

Re: Xiaomi 1810

Postby winston » Mon Aug 20, 2018 3:45 pm

BOCI Initiates Buy on XIAOMI-W (01810.HK) at TP $19.5

BOC International initiated Buy on XIAOMI-W (01810.HK) at the target price $19.5 in its report.

The broker pointed out that XIAOMI-W is leading an expansion in global hardware market, including smartphones, laptops and smart TV.

It expects CAGR of smartphone shipment to reach 37% in 2017-20.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 103902
Joined: Wed May 07, 2008 9:28 am

Re: Xiaomi 1810

Postby winston » Mon Aug 20, 2018 3:55 pm

vested

<Research Report>JPM Keeps XIAOMI-W at Overweight on Expecting Adjusted 2Q NP of RMB1.7B

JP Morgan issued a research report covering XIAOMI-W (01810.HK), expecting the latter to record an adjusted net profit of around RMB1.7 billion for the second quarter of this year on healthy business growth of hardware unit coupled with robust handset unit growth.

XIAOMI-W is kept at Overweight with target price set at $21.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 103902
Joined: Wed May 07, 2008 9:28 am

Re: Xiaomi 1810

Postby winston » Tue Aug 21, 2018 7:26 am

vested

Xiaomi throws hat into virtual banking arena

by Joyce Chen

Chinese smartphone giant Xiaomi (1810) reportedly plans to apply for a virtual banking license in Hong Kong and may tap as a director Vincent Cheng Hoi-chuen, who used to work with the Hong Kong and Shanghai Banking Corp and Hang Seng Bank (0011).

Timothy Tong Wai-cheung, current president of the Hong Kong Polytechnic University, has also been invited as director.

Insight Fintech HK, Xiaomi's subsidiary, hopes to submit its application to Hong Kong regulators by the end of this month, according to reports.

Source: The Standard

http://www.thestandard.com.hk/section-n ... 0821&sid=2
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 103902
Joined: Wed May 07, 2008 9:28 am

Re: Xiaomi 1810

Postby winston » Wed Aug 22, 2018 7:39 am

vested

Has Chinese phone giant Xiaomi lived up to its pre-IPO hype?

Lei Jun, Xiaomi’s billionaire co-founder, has consistently pushed the internet-giant narrative.

That helped the company price its IPO at multiples far higher than celebrated tech names such as Tencent Holdings Ltd. and Facebook Inc.

On Wednesday, Xiaomi’s maiden financial report will offer a close-up of two of its most important initiatives: an international expansion and its evolution beyond hardware and into online services from music to video, à la Apple Inc.

“We do not think it’s worth a pure internet company because it’s not the same as Alibaba or Baidu or Amazon. They can only get a new subscriber by selling a smartphone”.

“I like the business model, I think it is good. The problem is just what it’s worth, and how much money they can make from it. I just think that the sell-side consensus estimates are too generous and the valuation of the IPO was a bit stretched”.

Xiaomi’s busy building stores that’ll serve as beachheads for expansion into emerging markets like India and Russia. Its estimated 190 million monthly active users are a rich pool of buyers for high-margin services.

“Xiaomi closely engages and interacts with users, thus increasing user stickiness and monetisation opportunities”.


Oppo created the Realme brand for India, selling budget phones online to try and topple Xiaomi from its leading position.

At the other end of the spectrum, Huawei is shifting its focus back to Europe, a critical market for Xiaomi’s more expensive devices.

“The overseas smartphone business is the key driver for growth. But many headwinds are expected, such as resistance from local governments and competition from other brands”.


Source: SCMP

https://www.scmp.com/tech/article/21607 ... e-ipo-hype
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 103902
Joined: Wed May 07, 2008 9:28 am

Re: Xiaomi 1810

Postby winston » Wed Aug 22, 2018 3:54 pm

not vested

Viomi U.S. IPO Said To Raise US$200M Next Yr Soonest

Viomi, an eco-chain company of Xiaomi, plans an IPO in the U.S. as soon as next year, raising approximately US$200 million, Bloomberg cited people with the knowledge of the matter.

Founded in May 2014, Viomi was invested by XIAOMI-W (01810.HK) and Sequoia Capital etc., according to the official website of Viomi.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 103902
Joined: Wed May 07, 2008 9:28 am

Re: Xiaomi 1810

Postby winston » Wed Aug 22, 2018 10:24 pm

vested

Xiaomi reports profit in maiden quarterly earnings result post IPO

Sales grew 68.3 per cent to 45.23 billion yuan, up from 26.9 billion yuan a year earlier, beating the market’s 38 billion yuan consensus estimate.

Xiaomi said its smartphone business recorded revenue of 30.5 billion yuan in the second quarter, up 58.7 per cent from the same period last year, on total shipments of 32 million units.

Revenue from its IoT products, including smart television sets and laptop computers, increased 104.3 per cent in the second quarter to 10.4 billion yuan.

Revenue from internet services, which include online advertising, rose 63.6 per cent to 4 billion yuan.

Xiaomi introduced a separate mobile phone brand, Poco, to take on industry leaders Samsung Electronics and Huawei Technologies in the premium segment.


Source: SCMP

https://www.scmp.com/tech/social-gadget ... t-post-ipo
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 103902
Joined: Wed May 07, 2008 9:28 am

Re: Xiaomi 1810

Postby winston » Thu Aug 23, 2018 8:57 am

vested

XIAOMI-W: Eyes RMB Rate Change Impact, May Be Partially Hedged by Rapid Int'l Biz Growth

XIAOMI-W (01810.HK)'s Vice President and CFO Chew Shou Zi pointed out in a phone meeting that the company is watchful of the impacts from currency exchange rate changes, for which it will take corresponding measures if necessary.

Besides, the international business is growing at a high speed, which may partially hedge the rate impacts, furthered Chew, and the group will keep the eyes wide open at the related fields.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 103902
Joined: Wed May 07, 2008 9:28 am

Re: Xiaomi 1810

Postby winston » Thu Aug 23, 2018 8:58 am

vested

XIAOMI-W Studying Virtual Bank Licence Application; Tie-up with HK Financial Firms Worth Thinking

Chew, Shou Zi, Senior Vice President and CFO of XIAOMI-W (01810.HK), said the company is carefully studying the opportunity of virtual banks in Hong Kong.

Chew leaves door open to any possibilities, and felt cooperating with local financial institutions is worth of consideration.

As to A-share return by CDR, Chew said no updates can be given out.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 103902
Joined: Wed May 07, 2008 9:28 am

Re: Xiaomi 1810

Postby winston » Thu Aug 23, 2018 11:32 am

vested

<Research Report>G Sachs: XIAOMI-W (01810.HK) Rated Buy with TP $22; Revenue Growth Tops

Goldman Sachs said XIAOMI-W (01810.HK)'s 2Q results topped expectation, with the overall revenue 19% above the research house and market forecast.

The spotlight of the 1H results cast in smartphone revenue which was boosted by rising prices and volume.

The rating was Buy with target price of $22.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 103902
Joined: Wed May 07, 2008 9:28 am

Re: Xiaomi 1810

Postby winston » Thu Aug 23, 2018 11:34 am

vested

<Research Report>M Stanley: XIAOMI-W (01810.HK) Rated Overweight on Revenue Growth Beats Estimates

Morgan Stanley said XIAOMI-W (01810.HK)'s 2Q results beat expectation, with decent sales in the three pillar segments: smartphone, IoT and Internet services.

The report said XIAOMI-W's 1H revenue topped its estimates by 10%, and hence rated the company at Overweight with target price of $20.

Source: AAStocks Financial News
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
User avatar
winston
Billionaire Boss
 
Posts: 103902
Joined: Wed May 07, 2008 9:28 am

PreviousNext

Return to S to Z

Who is online

Users browsing this forum: No registered users and 1 guest

cron