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05-26

$XIAOMI-W(01810)$  xiaomi is expanding its internet of things business in overseas market. From current revenue contribution of IOT business for rest of world as 20 percent of the entire Xiaomi iot business, this has the potential to grow to 50 percent.

Target Price for Xiaomi After Earnings?
Xiaomi's net profit for the first quarter was 6.5 billion yuan, an increase of 100.8% year-on-year. What's your target price for Xiaomi? Can Xiaomi ride the electric vehicle wave back to HKD 25?
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