With talk about the upcoming Redmi Note 11T series launch and plans to mass produce its own cars in 2024, some big brokers such as UOB Kay Hian, have listed $XIAOMI-W(01810.HK)$ stocks with a “buy” rating, with expectations to outperform its peers with continued growth in global market share.
With China’s nationwide lockdown due to the COVID-19 outbreak, Xiaomi suffered a fall of 4.6% in Q1 revenue, from supply chain disruptions. However, after...