Xiaomi 1810

[behappyalways]

Market value drops by nearly 300 billion in one day!
There are many doubts about the Xiaomi SU7 self-driving car accident.
Lei Jun remained silent for 3 days before speaking out

市值一天噴近3千億! 小米SU7自撞車禍疑點多 雷軍沉默3天才發聲｜TVBS新聞 ‪@TVBSNEWS02

https://m.youtube.com/watch?v=lqeJ27vnf ... 0AaK0XXGki

[behappyalways]

Xiaomi car owner fell asleep on the highway with his hands off the steering wheel;
Safety of smart driving function in doubt;
Netizens: it's a moving coffin

小米車主公路雙手離軚酣睡　智駕功能安全成疑　網民：移動的棺材｜01新聞｜小米｜SU7｜電動車｜智駕｜NOA

https://m.youtube.com/watch?v=EeYZA-85qSg

[winston]

not vested

1Q25: Blended Margins At Historical High; IoT/EV Segments Driving Growth

Xiaomi’s 1Q25 net profit was a solid beat at Rmb10.7b, with an all-round beat for both revenue/margins across segments.

The IoT business had an outstanding quarter, with a historically high margin of 25.2% (+4.4ppt vs estimates) thanks to an improved product mix.

For the EV business, the continued increase in deliveries will help drive the segment towards profitability.

Maintain BUY and raise target price to HK$69.90.

Source: UOBKH

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

[winston]

not vested

IoT in full swing, EV profits on track in 2025F

We expect IoT to sustain its strong growth momentum in FY25F, driven by the launch of new innovative home appliances and solid overseas expansion.

We expect EV business to turn profitable in 2H25F with a delivery of 350k units and Rmb251k ASP, amid higher production capacity and new launches.

Reiterate Add with a higher TP of HK$77.0, based on 35x FY26F P/E.

Source: CGS

https://rfs.cgsi.com/api/download?file= ... 6B6B700BAB

[behappyalways]

A Hundred Glasses War in China!
Xiaomi AI Glasses Debuts to Challenge Meta Ray-Ban

大陸百鏡大戰! 小米AI眼鏡亮相 叫陣Meta雷朋｜TVBS新聞 ‪@TVBSNEWS02‬

https://m.youtube.com/watch?v=5fbOMEld1lE