STLoke
05-27

$XIAOMI-W(01810)$  

Xiaomi's first-quarter net profit of 6.5 billion yuan, marking a 100.8% increase year-on-year, is impressive. However, the stock dropped 3% after earnings due to potential concerns such as market saturation, competitive pressures, or profit-taking by investors.

Target Price Consideration:

1. Current Valuation: Analyze the price-to-earnings ratio and growth prospects.

2. Market Sentiment: Monitor investor sentiment and broader market conditions.

EV Market Potential:

Xiaomi’s foray into the electric vehicle (EV) market is promising. If they successfully capitalize on this trend, it could drive significant growth. Returning to HKD 25 will depend on their execution in the EV space and continued strong financial performance.

Conclusion:

Careful monitoring of Xiaomi's strategic developments and market reactions will be crucial. If their EV venture shows progress, reaching HKD 25 could be feasible.

Will Xiaomi Hit HKD20 After Stellar Earnings?
Following the "best quarterly report in Xiaomi's history", $XIAOMI-W(01810)$ stock price finally saw a long-awaited rise. $XIAOMI-W(01810)$ jumped over 9% as of writing, with the stock price rising above 19 HKD. ------------- Will the stock hit HKD 20 this time? Do you like Xiaomi products?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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