user
koolgal
03-18

🌟🌟🌟Xiaomi $XIAOMI-W(01810)$  is one of the best performing Chinese stocks as its share price has been hitting all time highs recently.    Xiaomi is currently up 9.6% in the past 5 days and has jumped 64% year todate.  In 2024 Xiaomi has  skyrocketed 273%!

Even though Xiaomi is best known for making smartphones, its EVs have helped to send its stock soaring in recent months.  In the last quarter, Xiaomi's EV division contributed about 10% to Xiaomi's total revenue.  The Xiaomi's SU7 has been very popular due to its blend of high performance, cutting edge technology and competitive price point.  This makes it a compelling buy especially in the Chinese market.

Xiaomi's smart phones have been very popular too and is the second largest smart phone manufacturer globally behind Samsung.

Xiaomi is also into consumer electronics.  These include TVs, vacuum cleaners, air purifiers, smart lighting, security cameras, all designed to work together within an IoT ecosystem.  These products allow users to control and manage their devices remotely.

Xiaomi is expected to report strong earnings with analysts anticipating a solid quarter driven by higher sales especially in the smart phone and EV segments with a potential for net profit growth. 

Xiaomi is expected to report earnings on Tuesday 18 March.    All eyes will be on Lei Jun, CEO of Xiaomi today. 

I am so fortunate to be given free Xiaomi stocks by Tiger Brokers and it has been growing like a rocket to the moon!

@Tiger_Earnings  @Tiger_comments  @TigerStars  @TigerClub  @CaptainTiger  @Daily_Discussion

Xiaomi $5.3B Stock Placement: Will You Buy The Dip Under 50?
Xiaomi Group will raise up to $5.3 billion through an "old to new" share placement method. The placement price ranges from HKD 52.80 to HKD 54.60 per share. The "old to new" placement typically involves major shareholders temporarily lending existing shares to the allottee, followed by the company issuing an equivalent number of new shares to replenish the major shareholder's stake. The stock placement new generally may trigger follow-up selling in the secondary market. ------------------ How will market react to Xiaomi's new stock placement? At what price would you buy the dip?
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.

Comments

  • winzy
    03-18
    winzy
    Wow! What an incredible performance! πŸš€ [Wow]
    • koolgal
      Best of luck πŸ€πŸ€πŸ€
    • koolgal
      Thanks for sharing 😍😍😍
    • koolgal
      Yes Xiaomi has outperformed against all expectations πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
  • PagRobinson
    03-18
    PagRobinson
    Xiaomi's growth is impressive
    • koolgal
      Have a wonderful week ahead πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
    • koolgal
      Thanks for sharing 😍😍😍
    • koolgal
      You are absolutely right πŸš€πŸš€πŸš€πŸŒ›πŸŒ›πŸŒ›πŸ’°πŸ’°πŸ’°
  • neo26000
    03-18
    neo26000
    Why does Tiger give you Xiaomi stocks? [Tongue]They only give me Nvidia stocks as cashback for their debit card, and I’ve been seeing red every day. Maybe they should switch to Xiaomi stocks instead. [Duh]
    • koolgal
      Xiaomi is simply such an amazing stock πŸš€πŸš€πŸš€πŸŒ›πŸŒ›πŸŒ›πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
    • koolgal
      Perhaps you can ask Customer Service 😍😍😍
  • 1PC
    03-19
    1PC
    Congratulations πŸ‘πŸŽ‰. Xiaomi could be a potential stock to add into my watchlist [Chuckle] [Chuckle] [Chuckle] @Jes86188 @Gis
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