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<Research Report>G Sachs Initiates XIAOMI-W (01810.HK) at Buy with Target Price $22
Goldman Sachs initiated XIAOMI-W (01810.HK) at Buy with target price of $22, and projected the company to have Chinese users of nearly 110 million as of 1Q18 and global users of nearly 190 million.
The research house said the potential catalysts of XIAOMI-W's share price included :-
1. higher market shares of smartphone shipment in China
2. possible launch of new products with more overseas market operation and so on.
Source: AAStocks Financial News