Xiaomi's double 11 sales hit around 17 billion RMB in 2022. Was it good?

It was more than 10% below 2021 sales figures. However, is this what market is expecting? I do know that market participants have been very bearish of China's economy and with the economic backdrop of massive inflation and that eating into consumers' spending abilities, there has been serious doubt on how the GDP of China will be as well as how bad Xiaomi's results could be...

For me, being 10+% below its last year sales was not really that bad set of double 11 results given the bad stock market performance this year. I still remain hopeful that the set of results of Xiaomi for 3Q2022 would not be as bad as what market is expecting.