Xiaomi 's share price has already dropped 68% this year and hopefully it has hit the bottom. For this latest quarter 2022 report, Xiaomi has faced macro headwinds due to China's Covid-19 pandemic lockdowns, slowing demand for mobile phones and supply disruption.
So I forecast that Xiaomi 's share price will be flat.
However in the long term, Xiaomi will continue to grow exponentially. So it is a golden opportunity to buy Xiaomi and hold for long term.
【有獎活動】分享小米財報點評，贏老虎周邊
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.
Has huge future as it has a wide range of products. Now the only issue is india ban. But fingers crossed. Investments always has risks. DYODD