Daiwa released a research report saying that it maintained the target price of Xiaomi (01810) of HK$28, which is equivalent to the forecast market ratio of 28 times, while raising the group's revenue forecast from this year to 2023 by 2% to 5% to reflect the strong sales of hardware products. Rating upgraded from "hold" to "outperform". The bank believes that the recent correction of Xiaomi's share price and the flexibility of fundamentals under the regulatory crackdown have made Xiaomi more attractive. The company's performance in the second quarter of this year was steadily better than expected, and the gross profit margin of hardware business in the promotion season was still better than the bank's expectation. Group Announces Acquisition of Autonomous Driving Technology Company Deep for New EV Business...
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Daiwa: Xiaomi Rises to Outperform Rating Target Price of HK$28
新浪港股2021-08-27
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- 浴缸潜水员·2021-08-27?1Report