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JD.com's Jingdong to Work With Airstar Bank for Hong Kong Stablecoin Sandbox
Xiaomi to Launch Production Version of SU7 Ultra in H1 2025
Xiaomi Group-W (01810.HK) will hold a board of directors meeting on August 21 to approve mid-year performance.
On July 23, GlobeNewswire announced that Xiaomi Group-W (01810.HK) will hold a board of directors meeting on August 21, 2024 to consider and approve the unaudited comprehensive mid-term performance of the company and its subsidiaries for the six months ending June 30, 2024, and to consider the distribution of mid-term dividends (if any).
DATE OF BOARD MEETING
Guoyuan International: Rated Xiaomi Group-W as 'buy' with a target price of HKD 21.1.
Guoyuan International has released a research report stating that it has rated Xiaomi-W (01810) as a "buy" and is optimistic about the company's medium to long-term growth, with a target price of HKD 21.1. The bank believes that the company's automotive business, with the assistance of existing consumer electronics, AIoT, and internet plus-related businesses, is expected to achieve healthy and rapid development, and has a high probability of ultimately becoming a top player in the industry. In this process, the company's huge investment in the automotive business is expected to be quickly translated into earnings, and net income has significant upward elasticity. The main points of the report are as follows: Global mobile phone industry: demand has gradually bottomed out, and AI end-side applications are expected to drive industry recovery globally.
Forbes has released the "2024 China's Best CEO" list, and Miniso's Ye Guofu has been listed for the first time.
On the afternoon of July 22, Forbes China announced the list of "Best CEO in China 2024," with the founder and board chairman and CEO of Miniso, Ye Guofu, ranking on the list alongside outstanding entrepreneurs such as Lei Jun, founder of Xiaomi, Wang Chuanfu, founder of BYD, and Zhong Shanshan, founder of Nongfu Spring. According to the list, multinational operation capability has become an important indicator for measuring the performance of Chinese CEOs. With his unique innovative management concepts and precise insight into market trends, Ye Guofu has led Miniso to achieve remarkable results on the global stage.
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