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.
In Xiaomi's view, the benchmark for the central Air Conditioner Industry is not Gree.
Sina Technology reported on February 17th that Lu Weibing, partner and president of Xiaomi Group, officially announced the goal of upgrading large home appliances on Weibo: to benchmark only against leading brands in the Global market and to surpass them. He previewed, "The Mijia central Air Conditioner, officially released at the end of this month, will directly benchmark the industry leader Daikin Air Conditioner." "As the third Global market-scale Strategic Hardware business beyond Xiaomi's mobile phone Business and Autos, we have always maintained strong investment under high-pressure conditions." Lu Weibing stated, "In the past period, we have seen leapfrog growth in self-developed Technology, core component breakthroughs, Intelligent Manufacturing, and other areas, with all product lines...
Lu Weibing: The Mijia central Air Conditioner to be launched at the end of this month will directly compete with Daikin Air Conditioners.
Sina Technology reported on February 17th that Lu Weibing, partner and president of Xiaomi Group, officially announced the goal of upgrading large home appliances on Weibo: to benchmark only against leading brands in the Global market and to surpass them. He previewed, "The Mijia central Air Conditioner, officially released at the end of this month, will directly benchmark the industry leader Daikin Air Conditioner." "As the third Global market-scale Strategic Hardware business beyond Xiaomi's mobile phone Business and Autos, we have always maintained strong investment under high-pressure conditions." Lu Weibing stated, "In the past period, we have seen leapfrog growth in self-developed Technology, core component breakthroughs, Intelligent Manufacturing, and other areas, with all product lines...
China Jan NEV Sales Fall to 944,000 While Exports Hit Record High, CAAM Data Show
CMB International: Maintains the "Buy" rating for AAC TECH (02018), Target Price raised to HKD 53.48.
Strong performance is mainly due to the recovery of the Global Smart Phone market, specifications upgrades across various Sectors (acoustics/MEMS/full category device touch/haptics/thermal/optical), and integration and efficiency improvements of Automotive audio PSS.
Xi Jinping Meets Chinese Private-Sector Company Leaders: State Media
Market Chatter: China Expresses Hopes for EU to Reach "Political Decision" on EV Tariffs
Express News | China's Xi Attends Symposium on Private Enterprises, Delivers Speech - Xinhua
Xiaomi's 4Q Earnings Likely Exceeded Market Expectations -- Market Talk
Xiaomi Target Price Raised to HK$51.70 From HK$41.00 by Citigroup>1810.HK
Xiaomi Could Be Major Beneficiary of AI Boost, China Govt Subsidies -- Market Talk
Xiaomi Target Price Raised to HK$50.00 From HK$31.50 by Daiwa>1810.HK
CITIC Securities: Maintains XIAOMI-W "Outperform Industry" rating and raises Target Price to HKD 50.40.
CICC released a research report stating that based on confidence in the profitability of XIAOMI-W (01810) Autos and the development potential of edge AI, it has raised the Target Price by 57.5% (SOTP valuation method) to HKD 50.4, corresponding to PE ratios of 29.2/23.7 for 2025/2026. Considering the impressive gross margin for Autos and the YU7 set to launch in 2025, it has raised the adjusted Net income for 2024/2025 by 1.3%/19.7% to 25.59 billion yuan/40.6 billion yuan, and has introduced a new forecast for 2026's adjusted Net income of 49.49 billion yuan, maintaining an "outperform industry" rating.
Market Chatter: US President Trump to Impose Tariffs on Imported Cars
CICC: Maintain the rating of XIAOMI-W (01810) as "Outperform Industry" and raise the Target Price to HKD 50.40.
Xiaomi Group's revenue for Q4 2024 is expected to increase by 34.3% year-on-year to 363.93 billion yuan, with adjusted Net income rising by 35.9% year-on-year to 6.67 billion yuan (including a loss of 0.8 billion yuan from Autos and innovation Business).