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China's Terrific Ten Are Beating Mag 7. Will the Current Momentum Carry On?
Regulatory Filing: Xiaomi YU7 SUV Has CLTC Range of up to 820 Km
Express News | Representatives From Six Companies Including Huawei, BYD, New Hope, Will Semiconductor, Unitree and Xiaomi Spoke at the Meeting - Xinhua
DeepSeek accelerates asset revaluation! Hedge funds flee India and flow into China.
In the past month, the total market value of the stock markets in and outside China has increased by more than 1.3 trillion USD, while the market value in India has shrunk by more than 720 billion USD during the same period. Hedge funds are buying Chinese stocks at the fastest pace in months, and the MSCI Chinese Index is expected to outperform the MSCI Indian Index for the third consecutive month, setting the record for the longest consecutive gains in two years.
Market Chatter: Xiaomi Expects More Than 30% Growth in 2025
Research Reports Discovery | CICC: Raises the Target Price of Xiaomi to HKD 50.4, expecting the last quarter's revenue to grow 34.3% year-on-year or reach a record high.
CICC published a report, expecting Xiaomi's revenue for the last quarter to grow by 34.3% year-on-year to 363.93 billion yuan or reach a record high, with adjusted Net income growing by 35.9% year-on-year to 6.67 billion yuan (including a loss of 0.8 billion yuan from the Autos and innovation Business). Considering the impressive gross margin from Autos and the YU7 set to launch in 2025, the forecasts for adjusted Net income for 2024 and 2025 have been raised by 1.3% and 19.7%, to 25.59 billion and 40.6 billion yuan respectively, and a new forecast for adjusted Net income in 2026 of 49.49 billion yuan has been introduced. The report indicates that the current Xiaomi stock price corresponds to 2025 and 2026 earnings of 25.9.